Cupola
0453.889.031 · rovalta.com · 22/09/2026
ACTIVE
Cupola
Financial year 2025 · closed on 31/12/2025
Net result
84,8 k €
-19.9% YoY
Gross margin
171,9 k €
-1.5% YoY
Equity
1,3 M €
-5.6% YoY
Workforce
0,0 ETP
Overview
What does Cupola do?
Cupola is a Public limited company incorporated in 1994. Its main activity is: Development of building projects. Its registered office is in Antwerpen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0453.889.031
Incorporation
26/10/1994
Legal form
Public limited company
Registered office
Amerikalei 33 box 301
2000 Antwerpen · FlandreSee on map
2000 Antwerpen · FlandreSee on map
Contributed capital
1 185 311,34 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 171,9 k € | -1.5% | 174,5 k € | +58.2% | 110,3 k € | +224% | -89,1 k € | -139% | 227,8 k € | +13.9% | 200,1 k € | +85.1% | 108,1 k € | -11.3% | 121,8 k € | -7.1% | 131,1 k € | +4.4% | 125,7 k € | +11.7% | 112,5 k € | -6.7% | 120,5 k € | -17.6% | 146,2 k € | +25.7% | 116,3 k € | +2327% | 4,8 k € | +452% | -1,4 k € | -121% | 6,4 k € | -83.6% | 39,1 k € | +1378% | -3,1 k € | -188% | 3,5 k € |
| EBITDA | 157,9 k € | +1.9% | 154,9 k € | +59.8% | 96,9 k € | +196% | -101,2 k € | -147% | 215,9 k € | +14.8% | 188 k € | +76.8% | 106,3 k € | -11.8% | 120,5 k € | -6.7% | 129,1 k € | +4.1% | 124 k € | +11.8% | 111 k € | -7.2% | 119,6 k € | -17.7% | 145,3 k € | +25.4% | 115,9 k € | +2585% | 4,3 k € | +344% | -1,8 k € | -145% | 3,9 k € | -89.9% | 38,7 k € | +1224% | -3,4 k € | -212% | 3,1 k € |
| Operating result | 94,3 k € | +3.3% | 91,3 k € | +207% | 29,8 k € | +118% | -168,7 k € | -214% | 148,5 k € | +22.8% | 121 k € | +208% | 39,3 k € | -28.3% | 54,8 k € | -13.5% | 63,4 k € | +8.7% | 58,3 k € | +22.5% | 47,6 k € | -15.3% | 56,2 k € | -31.6% | 82,1 k € | +55.9% | 52,7 k € | +189% | -58,9 k € | -2663% | -2,1 k € | -154% | 3,9 k € | -89.9% | 38,7 k € | +1224% | -3,4 k € | -212% | 3,1 k € |
| Net result | 84,8 k € | -19.9% | 105,9 k € | +362% | 22,9 k € | +111% | -204,7 k € | -314% | 95,8 k € | +28.5% | 74,6 k € | +712% | 9,2 k € | -45.7% | 16,9 k € | -23.0% | 21,9 k € | +47.2% | 14,9 k € | +199% | 5 k € | -59.9% | 12,4 k € | -65.9% | 36,4 k € | +297% | 9,2 k € | +115% | -62,8 k € | -3389% | -1,8 k € | -154% | 3,3 k € | -89.2% | 30,6 k € | +1676% | -1,9 k € | -117% | -894,9 € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 1,3 M € | -5.6% | 1,4 M € | +8.5% | 1,2 M € | +1.9% | 1,2 M € | -14.3% | 1,4 M € | +304% | 354 k € | +26.7% | 279,5 k € | +3.4% | 270,3 k € | +6.7% | 253,4 k € | +9.5% | 231,4 k € | +6.9% | 216,5 k € | +2.4% | 211,5 k € | +6.2% | 199,1 k € | +22.3% | 162,7 k € | +6.0% | 153,6 k € | -24.7% | 204 k € | +345% | 45,8 k € | +7.8% | 42,5 k € | +258% | 11,9 k € | -14.1% | 13,8 k € |
| Total assets | 6,3 M € | +14.5% | 5,5 M € | +1.9% | 5,4 M € | -0.2% | 5,4 M € | -6.4% | 5,7 M € | +46.1% | 3,9 M € | +210% | 1,3 M € | -3.6% | 1,3 M € | -4.3% | 1,4 M € | -3.7% | 1,4 M € | -3.3% | 1,5 M € | -4.3% | 1,5 M € | -3.8% | 1,6 M € | -2.3% | 1,6 M € | -2.9% | 1,7 M € | +362% | 365,7 k € | +581% | 53,7 k € | -50.9% | 109,3 k € | -87.5% | 873,8 k € | +513% | 142,5 k € |
| Cash | 61,4 k € | +249% | 17,6 k € | -61.8% | 46,1 k € | +1907% | 2,3 k € | -99.5% | 464,7 k € | +1645% | 26,6 k € | -57.0% | 62 k € | -6.6% | 66,4 k € | +41.0% | 47,1 k € | -50.7% | 95,5 k € | +11.4% | 85,7 k € | -5.2% | 90,4 k € | +16.5% | 77,6 k € | +62.1% | 47,9 k € | +26.1% | 38 k € | -60.6% | 96,5 k € | +83.0% | 52,7 k € | -36.3% | 82,7 k € | -35.6% | 128,4 k € | +632% | 17,5 k € |
| Debts | 5 M € | +21.1% | 4,1 M € | +0.5% | 4,1 M € | -1.4% | 4,2 M € | -3.6% | 4,3 M € | +20.6% | 3,6 M € | +266% | 975,5 k € | -5.5% | 1 M € | -6.3% | 1,1 M € | -6.3% | 1,2 M € | -5.2% | 1,2 M € | -5.4% | 1,3 M € | -5.2% | 1,4 M € | -4.9% | 1,5 M € | -4.3% | 1,5 M € | +847% | 160,1 k € | +1940% | 7,9 k € | -88.2% | 66,8 k € | -92.2% | 861,3 k € | +572% | 128,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 43 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
CHOCEN● Active | 0757.915.834 |
Ciné Odéon/Oude God● Active | 0404.570.568 |
DOMI CURA● Active | 0886.049.963 |
FARES● Active | 0466.023.830 |
J&K Invest And Management● Active | 0721.725.629 |
Nobel● Active | 0413.832.385 |
Nobel Development● Active | 0752.584.594 |
| 0797.836.678 | |
VIRTUAR● Active | 0780.463.978 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 26/05/2026 | 17/06/2025 | 12/07/2024 | 28/08/2023 | 23/08/2022 | 25/08/2021 |
| General meeting | 16/05/2026 | 17/05/2025 | 18/05/2024 | 20/05/2023 | 21/05/2022 | 15/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 16/05/2026 | 26/05/2026 | Dutch | |
| Micro model | 31/12/2024 | 17/05/2025 | 17/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 18/05/2024 | 12/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 20/05/2023 | 28/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 21/05/2022 | 23/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 15/05/2021 | 25/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 16/05/2020 | 15/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 18/05/2019 | 27/05/2019 | Dutch | |
| Abridged model | 31/12/2017 | 19/05/2018 | 23/05/2018 | Dutch | |
| Abridged model | 31/12/2016 | 20/05/2017 | 12/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 21/05/2016 | 14/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 16/05/2015 | 01/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 17/05/2014 | 16/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 18/05/2013 | 06/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 07/06/2012 | 02/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 21/05/2011 | 08/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 15/05/2010 | 31/05/2010 | Dutch | |
| Abridged model | 31/12/2008 | 16/05/2009 | 28/05/2009 | Dutch | |
| Abridged model | 31/12/2007 | 07/06/2008 | 23/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 09/06/2007 | 09/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 43 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates06/08/2026ONTSLAGEN - BENOEMINGEN
- Mandates26/08/2024BENAMING - ONTSLAGEN - BENOEMINGEN
- Capital / shares17/05/2021KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates04/06/2020ONTSLAGEN - BENOEMINGEN
- Mandates27/09/2019ONTSLAGEN - BENOEMINGEN
- Mandates24/10/2018MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates28/07/2014ONTSLAGEN - BENOEMINGEN
- Mandates08/02/2012ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202584,8 k €↓
- 2024Annual accounts 2024105,9 k €↑
- 2024Name changeCupola
- 2023Annual accounts 202322,9 k €↑
- 2022Annual accounts 2022-204,7 k €↓
- 2021Annual accounts 202195,8 k €↑
- 2021Name changeF&S ENGINEERING
- 2020Annual accounts 202074,6 k €↑
- 2019Annual accounts 20199,2 k €↓
- 2018Annual accounts 201816,9 k €↓
- 2017Annual accounts 201721,9 k €↑
- 2016Annual accounts 201614,9 k €↑
- 2015Annual accounts 20155 k €↓
- 2014Annual accounts 201412,4 k €↓
- 2013Annual accounts 201336,4 k €↑
- 2012Annual accounts 20129,2 k €↑
- 2011Annual accounts 2011-62,8 k €↓
- 2010Annual accounts 2010-1,8 k €↓
- 2009Annual accounts 20093,3 k €↓
- 2008Annual accounts 200830,6 k €↑
- 2007Annual accounts 2007-1,9 k €↓
- 2006Annual accounts 2006-894,9 €
- 26/10/1994IncorporationPublic limited company