ACTIVE

B.T.A. CONSTRUCT

Financial year 2025 · closed on 31/12/2025
Net result
-6,6 k €
-0.9% YoY
Gross margin
-5,1 k €
+2.8% YoY
Equity
94,5 k €
-6.5% YoY

What does B.T.A. CONSTRUCT do?

B.T.A. CONSTRUCT is a Public limited company incorporated in 1989. Its registered office is in Namur.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.835.936
Incorporation
02/03/1989
Legal form
Public limited company
Registered office
Rue du Fort d'Andoy(WD) 5
5100 Namur · WallonieSee on map
Contributed capital
99 157,41 €
Latest accounts
31/12/2025
Joint committees (1)
  • 100
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201520142013201220112010200920082007
Income statement
Gross margin-5,1 k €-5,2 k €-5,6 k €-4,4 k €-4,3 k €-4,1 k €-4,5 k €-11,6 k €-4,2 k €-488,3 €-480,8 €
EBITDA-5,3 k €-5,4 k €-5,6 k €-9,1 k €-4,4 k €-4,1 k €-4,5 k €-11,9 k €-4,4 k €-3,4 k €-3,7 k €-4,8 k €-184,7 k €-3,4 k €-3 k €-3,1 k €-488,3 €-480,8 €
Operating result-5,3 k €-5,4 k €-5,6 k €-9,1 k €-4,4 k €-4,1 k €-4,5 k €-11,9 k €-4,4 k €-3,4 k €-3,7 k €-4,8 k €-184,7 k €-3,4 k €-3 k €-3,1 k €-488,3 €-480,8 €
Net result-6,6 k €-6,5 k €-7 k €-9,9 k €-5,1 k €-4,8 k €-5 k €-12,4 k €-4,8 k €-3,7 k €-4 k €-5 k €4,1 M €-3,4 k €-3 k €-3,1 k €-206,8 €317,6 €
Balance sheet
Equity94,5 k €101,1 k €107,6 k €114,6 k €124,5 k €129,6 k €134,4 k €139,4 k €151,8 k €160,8 k €164,5 k €168,5 k €173,5 k €102 k €105,5 k €108,4 k €111,6 k €111,8 k €
Total assets99,4 k €105,6 k €107,8 k €119,1 k €124,7 k €133,1 k €134,6 k €140,4 k €153,6 k €163,5 k €165,6 k €168,9 k €4,3 M €24,6 M €106,4 k €111,2 k €111,7 k €111,9 k €
Cash99,2 k €105,4 k €107,8 k €119,1 k €124,7 k €133,1 k €134,6 k €138,8 k €153 k €163,3 k €165,3 k €166,4 k €271,9 k €101,8 k €106,1 k €111,2 k €111,7 k €111,8 k €
Debts4,9 k €4,5 k €26,1 €4,4 k €78,4 €3,5 k €254,1 €1,1 k €1,8 k €2,7 k €1,1 k €339,8 €4,2 M €24,5 M €911,4 €2,8 k €140,8 €132,6 €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

Edouard HERINCKX

Managing director · since 01 janvier 2016 · until 26 mai 2026

Active
SMAPIC

Director · since 01 janvier 2016 · until 26 mai 2026 · 0632.967.956

Represented by Aubry Lefebvre

Active
François Piron

Director · since 24 décembre 2014 · until 26 mai 2026 · 0824.098.043

Represented by François Piron

Active

Ended mandates

Edouard HERINCKX

Managing director · since 01 janvier 2016 · until 17 février 2020

Ended
Edouard HERINCKX

Managing director · since 01 janvier 2016 · until 25 avril 2023

Ended
Edouard HERINCKX

Managing director · since 01 janvier 2016 · until 28 avril 2026

Ended
SMAPIC

Director · since 01 janvier 2016 · until 17 février 2020 · 0632.967.956

Represented by Aubry Lefebvre

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/08/202608/08/202519/08/202426/06/202322/06/202230/06/2021
General meeting26/05/202606/05/202507/05/202425/04/202326/04/202227/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/05/202620/08/2026FrenchPDF
Abridged model31/12/202406/05/202508/08/2025FrenchPDF
Abridged model31/12/202307/05/202419/08/2024FrenchPDF
Abridged model31/12/202225/04/202326/06/2023FrenchPDF
Abridged model31/12/202126/04/202222/06/2022FrenchPDF
Abridged model31/12/202027/04/202130/06/2021FrenchPDF
Abridged model31/12/201930/06/202025/08/2020FrenchPDF
Abridged model31/12/201823/05/201925/06/2019FrenchPDF
Abridged model30/09/201719/03/201822/05/2018FrenchPDF
Full model30/09/201620/02/201704/04/2017FrenchPDF
Full model30/09/201515/02/201616/03/2016FrenchPDF
Full model30/09/201416/02/201520/02/2015FrenchPDF
Full model30/09/201317/02/201406/03/2014FrenchPDF
Full model30/09/201227/11/201221/12/2012FrenchPDF
Full model30/09/201120/02/201201/03/2012FrenchPDF
Full model30/09/201021/02/201128/02/2011FrenchPDF
Full model30/09/200915/02/201024/02/2010FrenchPDF
Abridged model30/09/200816/02/200910/03/2009FrenchPDF
Abridged model30/09/200718/02/200827/02/2008FrenchPDF
Abridged model30/09/200619/02/200728/02/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

Edouard HERINCKX

Managing director · since 01 janvier 2016 · until 26 mai 2026

Active
SMAPIC

Director · since 01 janvier 2016 · until 26 mai 2026 · 0632.967.956

Represented by Aubry Lefebvre

Active
François Piron

Director · since 24 décembre 2014 · until 26 mai 2026 · 0824.098.043

Represented by François Piron

Active

Ended mandates

Edouard HERINCKX

Managing director · since 01 janvier 2016 · until 17 février 2020

Ended
Edouard HERINCKX

Managing director · since 01 janvier 2016 · until 25 avril 2023

Ended
Edouard HERINCKX

Managing director · since 01 janvier 2016 · until 28 avril 2026

Ended
SMAPIC

Director · since 01 janvier 2016 · until 17 février 2020 · 0632.967.956

Represented by Aubry Lefebvre

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other01/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Mandates25/11/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/02/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Other10/10/2018
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates02/05/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/01/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/03/2015
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-6,6 k €
  2. 2024
    Annual accounts 2024-6,5 k €
  3. 2023
    Annual accounts 2023-7 k €
  4. 2022
    Annual accounts 2022-9,9 k €
  5. 2021
    Annual accounts 2021-5,1 k €
  6. 2020
    Annual accounts 2020-4,8 k €
  7. 2019
    Annual accounts 2019-5 k €
  8. 2018
    Annual accounts 2018-12,4 k €
  9. 2017
    Annual accounts 2017-4,8 k €
  10. 2015
    Annual accounts 2015-3,7 k €
  11. 2014
    Annual accounts 2014-4 k €
  12. 2013
    Annual accounts 2013-5 k €
  13. 2012
    Annual accounts 20124,1 M €
  14. 2011
    Annual accounts 2011-3,4 k €
  15. 2010
    Annual accounts 2010-3 k €
  16. 2009
    Annual accounts 2009-3,1 k €
  17. 2008
    Annual accounts 2008-206,8 €
  18. 2007
    Annual accounts 2007317,6 €
  19. 02/03/1989
    IncorporationPublic limited company