ACTIVE

CONSTRUCT TIME

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Financial year 2025 · closed on 31/12/2025

Net result

19,2 k €

-53.6% YoY

Gross margin

599,2 k €

-22.9% YoY

Equity

848,6 k €

+2.3% YoY

Workforce

15,2 ETP

-6.7% YoY

What does CONSTRUCT TIME do?

CONSTRUCT TIME is a Public limited company incorporated in 1993. Its registered office is in Nivelles. It employs on average 15,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.248.075

Incorporation

20/01/1993

Legal form

Public limited company

Registered office

Rue de la Technique 15
1400 Nivelles · WallonieSee on map

Contributed capital

111 073,11 €

Latest accounts

31/12/2025

Average workforce

15,2 ETP

Joint committees (4)

124
126
14901
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	599,2 k €	-22.9%	776,7 k €	-14.4%	907,2 k €	+61.5%	561,6 k €	+36.7%	410,7 k €	-69.2%	1,3 M €	+107%	643,9 k €	-5.7%	683 k €	+9.8%	621,8 k €	-16.5%	744,7 k €	+2.1%	729,4 k €		–		–		–		–		–		–		–		–
EBITDA	85,9 k €	-29.4%	121,6 k €	-55.0%	270,3 k €	+63.7%	165,1 k €	+46.2%	113 k €	-87.5%	902,5 k €	+237%	-659,2 k €	-973%	75,5 k €	+39.5%	54,1 k €	-44.6%	97,8 k €	-42.9%	171,3 k €	+200%	57,2 k €	-81.5%	308,9 k €	+9.6%	281,9 k €	-33.5%	424,1 k €	-33.9%	641,7 k €	+54.7%	414,8 k €	-1.1%	419,3 k €	+42.9%	293,5 k €
Operating result	19,8 k €	-60.8%	50,4 k €	-72.2%	181,7 k €	+30.7%	139 k €	+47.9%	94 k €	-89.5%	896,1 k €	+214%	-783,8 k €	-4989%	16 k €	+399%	-5,4 k €	-118%	29,3 k €	-71.5%	102,8 k €	+1142%	-9,9 k €	-106%	159,3 k €	+36.5%	116,7 k €	-18.2%	142,6 k €	+7.2%	133 k €	-2.7%	136,6 k €	-2.4%	139,9 k €	+98.2%	70,6 k €
Net result	19,2 k €	-53.6%	41,3 k €	-64.8%	117,4 k €	+6.9%	109,8 k €	+86.7%	58,8 k €	-93.4%	894 k €	+212%	-795,3 k €	-21871%	3,7 k €	-64.8%	10,4 k €	+8382%	122,3 €	-99.6%	32,8 k €	-58.6%	79,3 k €	+53.9%	51,5 k €	+241%	15,1 k €	-45.1%	27,5 k €	-16.8%	33,1 k €	+31.3%	25,2 k €	-7.7%	27,3 k €	+460%	4,9 k €
Balance sheet
Equity	848,6 k €	+2.3%	829,4 k €	+5.2%	788,1 k €	+17.9%	668,7 k €	+19.6%	558,9 k €	+11.8%	500,1 k €	+227%	-393,9 k €	-198%	401,4 k €	+0.9%	397,7 k €	+2.7%	387,4 k €	+0.0%	387,3 k €	+17.1%	330,7 k €	-53.0%	703,8 k €	+7.9%	652,2 k €	+2.4%	637,1 k €	+4.5%	609,6 k €	+5.7%	576,6 k €	+4.6%	551,4 k €	+5.2%	524,1 k €
Total assets	1,3 M €	+4.9%	1,3 M €	-4.5%	1,3 M €	-6.0%	1,4 M €	+27.8%	1,1 M €	-11.3%	1,2 M €	+14.3%	1,1 M €	+26.4%	854,5 k €	-27.1%	1,2 M €	-11.6%	1,3 M €	+27.7%	1 M €	+18.8%	873 k €	-76.0%	3,6 M €	-8.6%	4 M €	-5.0%	4,2 M €	-8.5%	4,6 M €	+4.7%	4,4 M €	-7.0%	4,7 M €	+11.5%	4,2 M €
Cash	51,4 k €	-55.6%	115,8 k €	-42.7%	202,1 k €	+8.3%	186,5 k €	+138%	78,2 k €	-69.0%	252,6 k €	+47.0%	171,8 k €	+1.0%	170,2 k €	+3318%	5 k €	-64.8%	14,2 k €	-80.2%	71,5 k €	-27.2%	98,3 k €	-63.3%	268,1 k €	+74.0%	154,1 k €	+14.8%	134,2 k €	+287%	34,7 k €	-68.1%	109 k €	+856%	11,4 k €	-96.6%	334,7 k €
Debts	471,8 k €	+10.0%	428,8 k €	-18.9%	528,8 k €	-23.4%	690,5 k €	+52.5%	452,7 k €	-28.4%	632 k €	-27.4%	870,2 k €	+92.1%	453,1 k €	-41.4%	773,6 k €	-17.5%	937,2 k €	+47.5%	635,4 k €	+17.8%	539,4 k €	-78.5%	2,5 M €	-24.6%	3,3 M €	-6.0%	3,5 M €	-10.7%	4 M €	+4.6%	3,8 M €	-8.6%	4,1 M €	+12.3%	3,7 M €
Other
Workforce	15,2 ETP	-6.7%	16,3 ETP	-5.2%	17,2 ETP	-1.1%	17,4 ETP	-1.7%	17,7 ETP	-5.9%	18,8 ETP	0.0%	18,8 ETP	-3.6%	19,5 ETP	+10.2%	17,7 ETP	0.0%	17,7 ETP	+5.4%	16,8 ETP	+28.2%	13,1 ETP	-64.7%	37,1 ETP	-2.9%	38,2 ETP	-2.8%	39,3 ETP	+0.5%	39,1 ETP	-15.7%	46,4 ETP	-6.1%	49,4 ETP	-13.8%	57,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

MARIA SIDIROPOULOU

Director

Active

STEPHANE NIZET

Director

Active

Ended mandates

STEPHANE NIZET

Director · since 01 mai 2004 · until 01 mai 2010

Ended

STEPHANE NIZET

Managing director · since 01 mai 2004 · until 30 avril 2010

Ended

SANDRA NIZET

Director · since 18 juin 2001 · until 18 juin 2007

Ended

MARC FRISQUE

Director · since 25 mai 2001 · until 25 mai 2007

Ended

At this address

Other companies at this address

Company	CBE no.
ARAPOULAYOU● Active	0812.166.746
SN PROPERTIES● Active	0546.518.487

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	06/08/2026	13/10/2025	30/08/2024	30/08/2023	04/08/2022	01/02/2021
General meeting	26/05/2026	26/05/2025	05/01/2024	05/01/2023	05/01/2022	05/01/2021
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

24 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	06/08/2026	French	PDF
Abridged modelCorrection	31/12/2024	26/05/2025	13/10/2025	French	PDF
Abridged model	31/12/2024	26/05/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	05/01/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	05/01/2023	30/08/2023	French	PDF
Abridged model	31/12/2021	05/01/2022	04/08/2022	French	PDF
Abridged model	31/12/2020	05/01/2021	01/02/2021	French	PDF
Abridged model	31/12/2019	05/03/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	05/03/2019	04/07/2019	French	PDF
Abridged modelCorrection	31/12/2017	05/03/2018	31/10/2018	French	PDF
Abridged model	31/12/2017	05/03/2018	31/08/2018	French	PDF
Abridged modelCorrection	31/12/2016	06/03/2017	03/10/2017	French	PDF
Abridged model	31/12/2016	06/03/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	05/03/2016	31/08/2016	French	PDF
Full model	31/12/2014	05/03/2015	31/08/2015	French	PDF
Full model	31/12/2013	05/03/2014	17/03/2014	French	PDF
Full model	31/12/2012	27/05/2013	29/08/2013	French	PDF
Full model	31/12/2011	29/05/2012	31/08/2012	French	PDF
Full modelCorrection	31/12/2010	30/05/2011	04/11/2011	French	PDF
Full model	31/12/2010	30/05/2011	09/06/2011	French	PDF
Full model	31/12/2009	24/08/2010	25/08/2010	French	PDF
Full model	31/12/2008	25/05/2009	31/08/2009	French	PDF
Full model	31/12/2007	26/05/2008	08/07/2008	French	PDF
Full model	31/12/2006	07/05/2007	29/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 7 ended

Active mandates

MARIA SIDIROPOULOU

Director

Active

STEPHANE NIZET

Director

Active

Ended mandates

STEPHANE NIZET

Director · since 01 mai 2004 · until 01 mai 2010

Ended

STEPHANE NIZET

Managing director · since 01 mai 2004 · until 30 avril 2010

Ended

SANDRA NIZET

Director · since 18 juin 2001 · until 18 juin 2007

Ended

MARC FRISQUE

Director · since 25 mai 2001 · until 25 mai 2007

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/02/2024
OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates10/12/2019
DEMISSIONS, NOMINATIONS
PDF
Restructuring21/02/2014
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring25/11/2013
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other31/01/2012
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/01/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates03/12/2010
DEMISSIONS, NOMINATIONS
PDF
Registered office03/12/2007
SIEGE SOCIAL
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 202519,2 k €↓
2024
Annual accounts 202441,3 k €↓
2023
Annual accounts 2023117,4 k €↑
2022
Annual accounts 2022109,8 k €↑
2021
Annual accounts 202158,8 k €↓
2020
Annual accounts 2020894 k €↑
2019
Annual accounts 2019-795,3 k €↓
2018
Annual accounts 20183,7 k €↓
2017
Annual accounts 201710,4 k €↑
2016
Annual accounts 2016122,3 €↓
2015
Annual accounts 201532,8 k €↓
2014
Annual accounts 201479,3 k €↑
2012
Annual accounts 201251,5 k €↑
2011
Annual accounts 201115,1 k €↓
2010
Annual accounts 201027,5 k €↓
2009
Annual accounts 200933,1 k €↑
2008
Annual accounts 200825,2 k €↓
2007
Annual accounts 200727,3 k €↑
2006
Annual accounts 20064,9 k €
20/01/1993
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

CONSTRUCT TIME

Overview

What does CONSTRUCT TIME 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