ACTIVE

TEAM CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

328,7 k €

+163.8% YoY

Revenue

15,1 M €

-19.5% YoY

Equity

740,9 k €

+31.8% YoY

Workforce

41,8 ETP

-6.9% YoY

What does TEAM CONSTRUCT do?

TEAM CONSTRUCT is a Public limited company incorporated in 1990. Its registered office is in Bruxelles. It employs on average 41,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.666.752

Incorporation

15/01/1990

Legal form

Public limited company

Registered office

Avenue Louise 367
1050 Bruxelles · BruxellesSee on map

Contributed capital

561 500,00 €

Latest accounts

31/12/2025

Average workforce

41,8 ETP

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007		2006
Income statement
Revenue	15,1 M €	-19.5%	18,7 M €	-33.7%	28,2 M €	+6.9%	26,4 M €	-6.5%	28,2 M €	+15.0%	24,5 M €	+15.4%	21,3 M €	+10.3%	19,3 M €	-5.9%	20,5 M €	+20.0%	17,1 M €	+9.1%	15,6 M €	-6.6%	16,8 M €	+7.1%	15,6 M €	+3.6%	15,1 M €	-1.8%	15,4 M €	-11.3%	17,3 M €	-30.6%	25,0 M €		–		–
EBITDA	488,7 k €	+227%	-384,0 k €	-305%	187,2 k €	-70.3%	629,9 k €	-43.3%	1,1 M €	-48.2%	2,1 M €	+221%	666,3 k €	+116%	308,5 k €	+21.4%	254,2 k €	-4.6%	266,4 k €	+177%	96,0 k €	+146%	-207,5 k €	-441%	60,8 k €	+202%	-59,7 k €	-106%	1,0 M €	-6.1%	1,1 M €	-52.9%	2,3 M €	+18.6%	1,9 M €	+107%	933,8 k €
Operating result	353,6 k €	+165%	-546,5 k €	-9600%	5,8 k €	-98.7%	455,2 k €	-51.7%	941,6 k €	-51.9%	2,0 M €	+310%	477,0 k €	+251%	135,8 k €	+21.8%	111,5 k €	-55.9%	252,9 k €	+253%	71,7 k €	+122%	-327,3 k €	-423%	101,3 k €	+157%	-177,0 k €	-122%	812,7 k €	-2.4%	833,0 k €	-48.9%	1,6 M €	-0.9%	1,6 M €	+135%	701,7 k €
Net result	328,7 k €	+164%	-515,0 k €	-2415%	22,3 k €	-93.2%	327,8 k €	-55.1%	729,2 k €	-49.7%	1,4 M €	+294%	367,7 k €	+262%	101,6 k €	+21.3%	83,7 k €	-54.9%	185,6 k €	+225%	57,2 k €	+133%	-175,1 k €	-303%	86,3 k €	+293%	-44,7 k €	-110%	439,3 k €	-8.2%	478,5 k €	-56.9%	1,1 M €	+2.1%	1,1 M €	+115%	504,7 k €
Balance sheet
Equity	740,9 k €	+31.8%	562,2 k €	-2.6%	577,3 k €	-17.3%	697,9 k €	+17.3%	595,1 k €	-16.9%	715,9 k €	+7.3%	666,9 k €	-25.8%	899,2 k €	-11.2%	1,0 M €	+9.0%	928,9 k €	+25.0%	743,4 k €	+8.3%	686,2 k €	-20.3%	861,3 k €	-70.5%	2,9 M €	-27.6%	4,0 M €	+12.2%	3,6 M €	-3.9%	3,7 M €	-2.3%	3,8 M €	-5.6%	4,1 M €
Total assets	4,0 M €	+6.9%	3,7 M €	-32.4%	5,5 M €	-8.1%	6,0 M €	-1.0%	6,0 M €	-6.9%	6,5 M €	+24.1%	5,2 M €	+26.1%	4,1 M €	-11.2%	4,6 M €	+14.3%	4,1 M €	+27.8%	3,2 M €	+9.2%	2,9 M €	-2.7%	3,0 M €	-36.6%	4,7 M €	-17.0%	5,7 M €	+9.4%	5,2 M €	-13.0%	6,0 M €	-3.4%	6,2 M €	+1.7%	6,1 M €
Cash	2,8 M €	+29.7%	2,2 M €	-10.2%	2,4 M €	+1.2%	2,4 M €	-14.1%	2,8 M €	-18.9%	3,5 M €	+235%	1,0 M €	+25.6%	820,8 k €	-12.9%	942,6 k €	-23.0%	1,2 M €	+26.2%	970,1 k €	+243%	282,4 k €	+65.5%	170,7 k €	-63.8%	470,9 k €	-68.2%	1,5 M €	+125%	658,4 k €	-52.7%	1,4 M €	+77.3%	785,0 k €	+72.5%	455,1 k €
Debts	3,2 M €	+2.4%	3,1 M €	-35.7%	4,9 M €	-6.8%	5,2 M €	-3.5%	5,4 M €	-5.9%	5,7 M €	+26.6%	4,5 M €	+40.6%	3,2 M €	-11.1%	3,6 M €	+15.9%	3,1 M €	+29.1%	2,4 M €	+9.0%	2,2 M €	+4.2%	2,1 M €	+18.1%	1,8 M €	+8.8%	1,7 M €	+4.1%	1,6 M €	-28.5%	2,2 M €	-5.6%	2,4 M €	+19.4%	2,0 M €
Other
Workforce	41,8 ETP	-6.9%	44,9 ETP	-19.2%	55,6 ETP	-10.3%	62,0 ETP	-0.8%	62,5 ETP	-0.8%	63,0 ETP	+7.0%	58,9 ETP	+12.4%	52,4 ETP	+2.7%	51,0 ETP	-4.1%	53,2 ETP	-0.7%	53,6 ETP	-3.1%	55,3 ETP	+2.4%	54,0 ETP	-7.5%	58,4 ETP	+4.8%	55,7 ETP	-0.2%	55,8 ETP	-27.0%	76,4 ETP	-20.4%	96,0 ETP	0.0%	96,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 26 ended

Active mandates

Michel Duchatel

Director · since 25 août 2021 · until 25 mai 2027

Active

Dirk Jaubin

Director · since 24 mars 2016 · until 25 mai 2027

Active

Fiore Coltellaro

Director · since 24 mars 2016 · until 25 mai 2027

Active

Guy Duchatel

Managing director · since 24 mars 2016 · until 25 mai 2027

Active

Ended mandates

Kris Van Mulders

Director · since 01 octobre 2018 · until 28 mai 2024

Ended

Kris Van Mulders

Managing director · since 01 octobre 2018 · until 28 mai 2024

Ended

Caroline Bigeard

Director · since 24 mars 2016 · until 01 octobre 2018

Ended

Caroline Bigeard

Director · since 24 mars 2016 · until 24 mars 2022

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/05/2026	18/08/2025	30/05/2024	05/06/2023	16/06/2022	27/04/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	30/05/2023	31/05/2022	29/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	27/05/2026	French	PDF
Full model	31/12/2024	27/05/2025	18/08/2025	French	PDF
Full model	31/12/2023	28/05/2024	30/05/2024	French	PDF
Full model	31/12/2022	30/05/2023	05/06/2023	French	PDF
Full model	31/12/2021	31/05/2022	16/06/2022	French	PDF
Full model	31/12/2020	29/03/2021	27/04/2021	French	PDF
Full model	31/12/2019	26/05/2020	19/06/2020	French	PDF
Full model	31/12/2018	28/05/2019	05/06/2019	French	PDF
Full model	31/12/2017	29/05/2018	22/06/2018	French	PDF
Full model	31/12/2016	30/05/2017	20/06/2017	French	PDF
Full model	31/12/2015	28/06/2016	05/07/2016	French	PDF
Full model	31/12/2014	04/12/2015	07/12/2015	French	PDF
Full modelCorrection	31/12/2013	15/06/2014	13/11/2015	French	PDF
Full model	31/12/2013	15/06/2014	29/09/2014	French	PDF
Full model	31/12/2012	06/08/2013	27/09/2013	French	PDF
Full model	31/12/2011	15/06/2012	06/11/2012	French	PDF
Full model	31/12/2010	31/05/2011	12/08/2011	French	PDF
Full model	31/12/2009	29/05/2010	21/07/2010	French	PDF
Full model	31/12/2008	29/05/2009	21/09/2009	French	PDF
Abridged model	31/12/2007	29/05/2008	22/08/2008	French	PDF
Abridged model	31/12/2006	29/05/2007	31/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 · 4 active · 26 ended

Active mandates

Michel Duchatel

Director · since 25 août 2021 · until 25 mai 2027

Active

Dirk Jaubin

Director · since 24 mars 2016 · until 25 mai 2027

Active

Fiore Coltellaro

Director · since 24 mars 2016 · until 25 mai 2027

Active

Guy Duchatel

Managing director · since 24 mars 2016 · until 25 mai 2027

Active

Ended mandates

Kris Van Mulders

Director · since 01 octobre 2018 · until 28 mai 2024

Ended

Kris Van Mulders

Managing director · since 01 octobre 2018 · until 28 mai 2024

Ended

Caroline Bigeard

Director · since 24 mars 2016 · until 01 octobre 2018

Ended

Caroline Bigeard

Director · since 24 mars 2016 · until 24 mars 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares06/01/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates07/08/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office25/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL
PDF
Registered office24/02/2023
SIEGE SOCIAL
PDF
Mandates31/01/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates09/11/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates05/10/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates18/05/2016
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

2025
Annual accounts 2025328,7 k €↑
2024
Annual accounts 2024-515,0 k €↓
2023
Annual accounts 202322,3 k €↓
2022
Annual accounts 2022327,8 k €↓
2021
Annual accounts 2021729,2 k €↓
2020
Annual accounts 20201,4 M €↑
2019
Annual accounts 2019367,7 k €↑
2018
Annual accounts 2018101,6 k €↑
2017
Annual accounts 201783,7 k €↓
2016
Annual accounts 2016185,6 k €↑
2015
Annual accounts 201557,2 k €↑
2014
Annual accounts 2014-175,1 k €↓
2013
Annual accounts 201386,3 k €↑
2011
Annual accounts 2011-44,7 k €↓
2010
Annual accounts 2010439,3 k €↓
2009
Annual accounts 2009478,5 k €↓
2008
Annual accounts 20081,1 M €↑
2007
Annual accounts 20071,1 M €↑
2006
Annual accounts 2006504,7 k €
15/01/1990
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TEAM CONSTRUCT

Overview

What does TEAM CONSTRUCT do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline