ACTIVE

EUROBAT

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Financial year 2025 · closed on 31/12/2025

Net result

244,5 k €

+43.3% YoY

Gross margin

1,2 M €

+12.4% YoY

Equity

1,8 M €

+3.5% YoY

Workforce

12,8 ETP

-14.1% YoY

What does EUROBAT do?

EUROBAT is a Private limited company incorporated in 1991. Its main activity is: Construction of buildings. Its registered office is in Florennes. It employs on average 12,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.577.535

Incorporation

20/03/1991

Legal form

Private limited company

Registered office

Avenue de l'Europe 31
5620 Florennes · WallonieSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

12,8 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 42212Construction of utility projects for fluids 42212Construction of utility projects for fluids

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,2 M €	+12.4%	1 M €	-6.6%	1,1 M €	+21.2%	906,2 k €	+6.6%	850,5 k €	+9.5%	776,5 k €	-9.5%	858,4 k €	-17.6%	1 M €	+3.5%	1 M €	-11.1%	1,1 M €	+16.0%	975,9 k €	+12.7%	865,6 k €	+17.6%	736,2 k €	+17.6%	625,8 k €	+0.8%	620,8 k €	-12.8%	712,3 k €	+8.8%	654,5 k €	-11.4%	738,9 k €	+17.7%	627,7 k €
EBITDA	465,4 k €	+35.5%	343,5 k €	-20.8%	433,7 k €	+64.0%	264,5 k €	-1.3%	268 k €	+37.9%	194,4 k €	-3.2%	200,8 k €	-22.1%	257,7 k €	-11.8%	292,3 k €	-6.4%	312,3 k €	+7.1%	291,7 k €	+29.4%	225,5 k €	+81.6%	124,1 k €	+53.4%	80,9 k €	-24.9%	107,8 k €	-25.5%	144,7 k €	-6.7%	155,1 k €	-36.1%	242,9 k €	+60.2%	151,6 k €
Operating result	332,1 k €	+43.9%	230,8 k €	-23.4%	301,2 k €	+91.9%	156,9 k €	-3.4%	162,5 k €	+32.7%	122,5 k €	-2.9%	126,2 k €	-31.8%	185 k €	+6.6%	173,5 k €	-11.3%	195,7 k €	+16.2%	168,4 k €	+85.4%	90,8 k €	+609%	12,8 k €	-41.8%	22 k €	-21.0%	27,8 k €	-15.9%	33,1 k €	-27.4%	45,6 k €	-59.4%	112,2 k €	+112%	53 k €
Net result	244,5 k €	+43.3%	170,6 k €	-23.3%	222,5 k €	+96.2%	113,4 k €	-9.5%	125,3 k €	+39.0%	90,2 k €	-39.5%	149 k €	+23.0%	121,1 k €	+18.4%	102,3 k €	-27.2%	140,5 k €	+21.8%	115,3 k €	+156%	45,1 k €	+350%	10 k €	-50.1%	20,1 k €	-46.2%	37,3 k €	+618%	5,2 k €	-92.9%	73 k €	+20.0%	60,8 k €	+30.8%	46,5 k €
Balance sheet
Equity	1,8 M €	+3.5%	1,7 M €	+7.6%	1,6 M €	+17.0%	1,3 M €	+9.2%	1,2 M €	+11.3%	1,1 M €	+8.7%	1 M €	+11.4%	912,9 k €	+9.8%	831,7 k €	+9.5%	759,4 k €	+17.0%	648,9 k €	+15.1%	563,6 k €	+8.7%	518,5 k €	+2.0%	508,5 k €	+4.1%	488,4 k €	+8.3%	451,1 k €	+1.2%	445,9 k €	+19.6%	372,9 k €	+19.5%	312,1 k €
Total assets	2,1 M €	+7.0%	2 M €	+6.6%	1,9 M €	+10.1%	1,7 M €	+3.4%	1,6 M €	+20.5%	1,4 M €	+6.1%	1,3 M €	-4.3%	1,3 M €	+18.8%	1,1 M €	-4.1%	1,2 M €	+10.1%	1,1 M €	+0.8%	1,1 M €	+5.5%	1 M €	+40.6%	713 k €	-1.3%	722,2 k €	+17.9%	612,5 k €	-16.8%	736,4 k €	-4.6%	772,3 k €	+27.1%	607,5 k €
Cash	1,1 M €	+19.6%	919,7 k €	-25.2%	1,2 M €	+4.3%	1,2 M €	+1.2%	1,2 M €	+43.0%	814,7 k €	+3.8%	784,9 k €	+10.1%	713 k €	+19.3%	597,5 k €	-1.8%	608,2 k €	-8.8%	666,8 k €	+24.8%	534,2 k €	+20.5%	443,4 k €	+34.5%	329,7 k €	+19.9%	275 k €	-15.8%	326,5 k €	+9.1%	299,3 k €	-16.6%	359,1 k €	+75.1%	205 k €
Debts	367,2 k €	+38.0%	266,2 k €	+18.1%	225,4 k €	-16.9%	271,3 k €	-17.9%	330,3 k €	+86.9%	176,7 k €	-5.6%	187,3 k €	-46.3%	348,5 k €	+60.8%	216,8 k €	-33.6%	326,7 k €	-16.7%	392,1 k €	-16.3%	468,6 k €	-0.8%	472,5 k €	+140%	197,3 k €	-12.9%	226,6 k €	+50.4%	150,7 k €	-46.8%	283,3 k €	-14.9%	332,9 k €	+18.0%	282 k €
Other
Workforce	12,8 ETP	-14.1%	14,9 ETP	+4.2%	14,3 ETP	+11.7%	12,8 ETP	-5.2%	13,5 ETP	-0.7%	13,6 ETP		–		17,3 ETP	-17.6%	21,0 ETP	+3.4%	20,3 ETP	+7.4%	18,9 ETP	+8.0%	17,5 ETP	+4.2%	16,8 ETP	+8.4%	15,5 ETP	+3.3%	15,0 ETP	-11.8%	17,0 ETP	+15.6%	14,7 ETP	-2.0%	15,0 ETP	+7.9%	13,9 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 · 2 active · 6 ended

Active mandates

Claude Brouwaeys

Director · since 20 novembre 2020

Active

David Brouwaeys

Director · since 20 novembre 2020

Active

Ended mandates

David Brouwaeys

Managing director · since 01 juillet 2006

Ended

David BROUWAEYS

Director · since 01 juillet 2006

Ended

David Brouways

Manager · since 01 juillet 2006

Ended

Claude Brouwaeys

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	05/06/2026	17/07/2025	17/07/2024	02/08/2023	11/06/2022	28/10/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/05/2026	05/06/2026	French	PDF
Abridged model	31/12/2024	20/05/2025	17/07/2025	French	PDF
Abridged model	31/12/2023	21/05/2024	17/07/2024	French	PDF
Abridged model	31/12/2022	16/05/2023	02/08/2023	French	PDF
Abridged model	31/12/2021	17/05/2022	11/06/2022	French	PDF
Abridged model	31/12/2020	18/05/2021	28/10/2021	French	PDF
Micro model	31/12/2019	18/05/2020	28/10/2020	French	PDF
Abridged model	31/12/2018	20/05/2019	08/07/2019	French	PDF
Abridged model	31/12/2017	21/05/2018	04/07/2018	French	PDF
Abridged model	31/12/2016	15/05/2017	25/08/2017	French	PDF
Abridged model	31/12/2015	18/05/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	19/05/2015	24/08/2015	French	PDF
Abridged model	31/12/2013	13/05/2014	04/07/2014	French	PDF
Abridged model	31/12/2012	14/05/2013	01/07/2013	French	PDF
Abridged model	31/12/2011	15/05/2012	23/08/2012	French	PDF
Abridged model	31/12/2010	17/05/2011	11/07/2011	French	PDF
Abridged model	31/12/2009	18/05/2010	06/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	07/12/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	15/09/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	31/07/2007	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 · 2 active · 6 ended

Active mandates

Claude Brouwaeys

Director · since 20 novembre 2020

Active

David Brouwaeys

Director · since 20 novembre 2020

Active

Ended mandates

David Brouwaeys

Managing director · since 01 juillet 2006

Ended

David BROUWAEYS

Director · since 01 juillet 2006

Ended

David Brouways

Manager · since 01 juillet 2006

Ended

Claude Brouwaeys

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/03/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates07/12/2020
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates01/12/2006
DEMISSIONS, NOMINATIONS
PDF
Capital / shares15/10/2004
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025244,5 k €↑
2024
Annual accounts 2024170,6 k €↓
2023
Annual accounts 2023222,5 k €↑
2022
Annual accounts 2022113,4 k €↓
2021
Annual accounts 2021125,3 k €↑
2020
Annual accounts 202090,2 k €↓
2019
Annual accounts 2019149 k €↑
2018
Annual accounts 2018121,1 k €↑
2017
Annual accounts 2017102,3 k €↓
2016
Annual accounts 2016140,5 k €↑
2015
Annual accounts 2015115,3 k €↑
2014
Annual accounts 201445,1 k €↑
2013
Annual accounts 201310 k €↓
2012
Annual accounts 201220,1 k €↓
2011
Annual accounts 201137,3 k €↑
2010
Annual accounts 20105,2 k €↓
2009
Annual accounts 200973 k €↑
2008
Annual accounts 200860,8 k €↑
2007
Annual accounts 200746,5 k €
20/03/1991
IncorporationPrivate 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

EUROBAT

Overview

What does EUROBAT do?

Trend over 19 financial years

Indicative valuation

Board of directors

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