ACTIVE

2B Construct

Financial year 2026 · closed on 31/03/2026
Net result
278,6 k €
+169.0% YoY
Gross margin
905,2 k €
+25.0% YoY
Equity
991,4 k €
+31.0% YoY

What does 2B Construct do?

2B Construct is a Public limited company incorporated in 1990. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.962.682
Incorporation
14/11/1990
Legal form
Public limited company
Registered office
Derbystraat 253
9051 Gent · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/03/2026
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202620252024202320222021202020172016201520142013201220112010200920082007
Income statement
Gross margin905,2 k €724,2 k €507,0 k €367,8 k €144,4 k €71,2 k €324,3 k €276,2 k €420,9 k €599,4 k €543,2 k €516,6 k €473,2 k €471,8 k €95,0 k €244,2 k €287,1 k €259,5 k €
EBITDA477,8 k €371,3 k €164,2 k €113,4 k €26,0 k €-55,9 k €188,3 k €146,8 k €281,2 k €197,2 k €90,0 k €126,0 k €113,5 k €133,8 k €-96,9 k €90,4 k €142,0 k €71,8 k €
Operating result340,9 k €117,0 k €-47,6 k €40,5 k €12,6 k €-69,4 k €174,0 k €108,5 k €249,1 k €129,8 k €50,0 k €94,4 k €85,0 k €107,3 k €-148,8 k €39,6 k €89,3 k €22,2 k €
Net result278,6 k €103,6 k €-51,4 k €24,9 k €12,2 k €-142,5 k €166,3 k €4,5 k €9,9 k €17,0 k €40,5 k €51,2 k €18,9 k €11,0 k €38,8 k €1,2 k €10,4 k €4,5 k €
Balance sheet
Equity991,4 k €756,9 k €653,4 k €704,8 k €679,9 k €667,7 k €810,2 k €395,3 k €390,8 k €380,8 k €363,8 k €323,3 k €272,1 k €253,2 k €242,2 k €203,4 k €202,2 k €191,8 k €
Total assets5,1 M €4,9 M €4,5 M €4,2 M €1,6 M €1,6 M €2,0 M €5,9 M €6,1 M €5,5 M €3,5 M €2,9 M €2,7 M €2,5 M €2,1 M €1,6 M €1,7 M €1,6 M €
Cash6,5 k €5,2 k €24,5 k €2,6 k €7,6 k €27,6 k €637,3 €12,3 k €12,0 k €3,9 k €97,4 €
Debts4,1 M €4,1 M €3,8 M €3,5 M €960,6 k €913,0 k €1,0 M €5,5 M €5,7 M €5,1 M €3,2 M €2,6 M €2,4 M €2,3 M €1,8 M €1,3 M €1,5 M €1,4 M €
Other
Workforce3,8 ETP7,2 ETP9,8 ETP7,4 ETP8,6 ETP6,0 ETP3,8 ETP3,1 ETP3,8 ETP3,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active · 17 ended

Active mandates

Argonauten

Director · since 29 octobre 2024 · until 29 octobre 2030 · 0766.816.573

Represented by Ludovic De Palmenaer

Active
Frank De Palmenaer

Director · since 29 octobre 2024 · until 29 octobre 2030

Active

Ended mandates

Ludovic De Palmenaer

Director · since 12 septembre 2017 · until 03 septembre 2022

Ended
Frank De Palmenaer

Director · since 19 octobre 2016 · until 18 octobre 2022

Ended
Frank De Palmenaer

Managing director · since 19 octobre 2016 · until 18 octobre 2022

Ended
Frank De palmenaer

Managing director · since 19 octobre 2010 · until 18 octobre 2016

Ended
Annual accounts

Full financial information

202620252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/06/202628/10/202521/02/202522/02/202420/12/202221/05/2021
General meeting15/06/202623/10/202518/02/202522/12/202303/10/202212/05/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202615/06/202615/06/2026DutchPDF
Micro model31/03/202523/10/202528/10/2025DutchPDF
Micro model31/03/202418/02/202521/02/2025DutchPDF
Micro model31/03/202322/12/202322/02/2024DutchPDF
Micro model31/03/202203/10/202220/12/2022DutchPDF
Micro model31/03/202112/05/202121/05/2021DutchPDF
Micro model31/03/202012/05/202121/05/2021DutchPDF
Abridged model31/03/201918/11/201920/11/2019DutchPDF
Abridged model31/03/201805/12/201817/12/2018DutchPDF
Micro model31/03/201723/02/201825/05/2018DutchPDF
Abridged model31/03/201626/06/201728/07/2017DutchPDF
Abridged model31/03/201530/09/201509/11/2015DutchPDF
Abridged model31/03/201406/09/201403/11/2014DutchPDF
Abridged model31/03/201307/09/201307/10/2013DutchPDF
Abridged model31/03/201201/09/201228/11/2012DutchPDF
Abridged model31/03/201102/09/201125/11/2011DutchPDF
Abridged model31/03/201004/09/201009/03/2011DutchPDF
Abridged model31/03/200905/08/200919/03/2010DutchPDF
Abridged model31/03/200806/09/200827/02/2009DutchPDF
Abridged model31/03/200717/06/200827/06/2008DutchPDF
Abridged model31/03/200602/09/200623/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/03/2026 · 2 active · 17 ended

Active mandates

Argonauten

Director · since 29 octobre 2024 · until 29 octobre 2030 · 0766.816.573

Represented by Ludovic De Palmenaer

Active
Frank De Palmenaer

Director · since 29 octobre 2024 · until 29 octobre 2030

Active

Ended mandates

Ludovic De Palmenaer

Director · since 12 septembre 2017 · until 03 septembre 2022

Ended
Frank De Palmenaer

Director · since 19 octobre 2016 · until 18 octobre 2022

Ended
Frank De Palmenaer

Managing director · since 19 octobre 2016 · until 18 octobre 2022

Ended
Frank De palmenaer

Managing director · since 19 octobre 2010 · until 18 octobre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/01/2014
    BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/11/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/12/2008
    ONTSLAGEN - BENOEMINGEN
    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. 2026
    Annual accounts 2026278,6 k €
  2. 2025
    Annual accounts 2025103,6 k €
  3. 2024
    Annual accounts 2024-51,4 k €
  4. 2023
    Annual accounts 202324,9 k €
  5. 2023
    Name change2BCONSTRUCT
  6. 2022
    Annual accounts 202212,2 k €
  7. 2022
    Name change2B CONSTRUCT NV
  8. 2021
    Annual accounts 2021-142,5 k €
  9. 2020
    Annual accounts 2020166,3 k €
  10. 2017
    Annual accounts 20174,5 k €
  11. 2016
    Annual accounts 20169,9 k €
  12. 2015
    Annual accounts 201517,0 k €
  13. 2014
    Annual accounts 201440,5 k €
  14. 2013
    Annual accounts 201351,2 k €
  15. 2012
    Annual accounts 201218,9 k €
  16. 2011
    Annual accounts 201111,0 k €
  17. 2010
    Annual accounts 201038,8 k €
  18. 2009
    Annual accounts 20091,2 k €
  19. 2008
    Annual accounts 200810,4 k €
  20. 2007
    Annual accounts 20074,5 k €
  21. 14/11/1990
    IncorporationPublic limited company