ACTIVE

BERNARD CONSTRUCTION

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Financial year 2025 · closed on 31/12/2025
Net result
498 k €
+107.4% YoY
Revenue
30,3 M €
+70.5% YoY
Equity
1 M €
+116.0% YoY
Workforce
42,9 ETP
+2.1% YoY

What does BERNARD CONSTRUCTION do?

BERNARD CONSTRUCTION is a Public limited company incorporated in 1997. Its registered office is in Villers-le-Bouillet. It employs on average 42,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0461.381.686
Incorporation
11/09/1997
Legal form
Public limited company
Registered office
Rue le Marais 14
4530 Villers-le-Bouillet · WallonieSee on map
Contributed capital
8 072 000,00 €
Latest accounts
31/12/2025
Average workforce
42,9 ETP
Joint committees (1)
  • 124
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

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue30,3 M €17,8 M €33,3 M €32,2 M €48,4 M €16,1 M €19,4 M €29,5 M €33 M €25,5 M €16,5 M €19,5 M €33 M €19 M €14,3 M €13,2 M €13,2 M €19,3 M €17,8 M €
EBITDA800,3 k €-4,7 M €600,5 k €1,3 M €2,2 M €-482,1 k €379,5 k €496,5 k €301,7 k €866 k €141,9 k €468,2 k €773,5 k €501,3 k €-80,3 k €561 k €158,2 k €477,5 k €-2,7 M €
Operating result1,1 M €-6,1 M €578,1 k €861,8 k €834,1 k €-771,5 k €149,4 k €321,6 k €200 k €787,1 k €39,2 k €351,5 k €688,1 k €417,3 k €-124,3 k €470,6 k €11,8 k €332,4 k €-3,1 M €
Net result498 k €-6,7 M €300,4 k €728,5 k €800,1 k €-778,7 k €60,3 k €196,9 k €18 k €617,4 k €-138,1 k €61,2 k €694,7 k €135 k €49,4 k €368,5 k €178,7 k €91,1 k €-3 M €
Balance sheet
Equity1 M €-6,5 M €228,6 k €-71,8 k €-800,3 k €-1,6 M €-814,9 k €-875,3 k €-1,1 M €-1,1 M €-1,7 M €-1,6 M €-1,9 M €-2,6 M €-2,7 M €-2,8 M €-3,1 M €-3,3 M €-3,4 M €
Total assets24,6 M €13,1 M €17,4 M €25,5 M €19,4 M €16,6 M €11,5 M €16,5 M €15,5 M €18,2 M €13 M €11,5 M €11,3 M €12,2 M €8,9 M €5,8 M €5,9 M €10,4 M €6,7 M €
Cash1,4 M €1,1 M €267 k €1,6 M €3,4 M €1,1 M €814,4 k €3,8 M €2,4 M €1,2 M €1 M €976,6 k €2,5 M €1,7 M €1,4 M €1,3 M €2 M €1,2 M €1,1 M €
Debts23,1 M €19,1 M €17,1 M €25,4 M €20,1 M €18 M €12,2 M €17,3 M €16,4 M €19,1 M €14,5 M €12,9 M €13 M €14,6 M €11,5 M €8,5 M €8,9 M €13,4 M €9,9 M €
Other
Workforce42,9 ETP42,0 ETP52,0 ETP52,0 ETP47,0 ETP40,0 ETP44,0 ETP45,0 ETP48,5 ETP41,9 ETP43,6 ETP36,2 ETP34,9 ETP35,5 ETP29,9 ETP30,8 ETP33,8 ETP64,7 ETP83,9 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 · 32 ended

Active mandates

BERT WEEMAES

Managing director · since 19 décembre 2025 · until 19 décembre 2031 · 0537.167.687

Represented by Weemaes Bert

Active
SOciété de GEStion et Construction

Director · since 17 juillet 2025 · until 10 juin 2031 · 0811.398.763

Represented by Beaujean Philippe

Active

Ended mandates

Filip Cordeel

Managing director · since 17 juillet 2025 · until 10 juin 2031

Ended
Dirk Cordeel

Chairman of the board of directors · since 28 juin 2019 · until 10 juin 2025

Ended
Dirk Cordeel

Chairman of the board of directors · since 28 juin 2019 · until 17 juillet 2025

Ended
Filip Cordeel

Director · since 28 juin 2019 · until 10 juin 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
AM BERNARD CONSTRUCTION S.A. ET CORDEEL N.V.● Active
0867.837.521
A M VLB BERNARD/CORDEEL● Active
0838.642.105
BERNARD INVEST● Active
0842.005.233
CADRAN HOLDING● Active
0508.803.305
CADRAN REAL ESTATE● Active
0804.930.051
CADRAN-SAINT-HUBERT● Active
0826.949.249
CADRAN - SAINT-MARTIN● Active
0826.945.091
CADRAN - SAINT-SEVERIN● Active
0826.946.477
MARCOLIN BENELUX● Active
0452.596.852
RETAIL'O● Active
0635.649.215
SM Alibaba BC - Cordeel H● Active
0746.528.529
SM Amay BC - Cordeel● Active
0716.714.093
SM BERNARD/MOURY● Active
0769.742.015
SM ESCALE BC - Cordeel H● Active
0752.837.289
SM FRANKI BERNARD● Active
0644.551.835
SM HENRICOT● Active
0634.996.147
SM MONTEA BERNARD-CORDEEL● Active
0685.819.692
SM POLE BALLONS BERNARD CORDEEL● Active
0660.631.168
SM TIVOLI BERNARD CORDEEL● Active
0675.909.361
Société Momentanée BERNARD/CORDEEL● Active
0786.866.473
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202613/12/202531/10/202427/07/202329/08/202216/08/2021
General meeting10/07/202628/11/202516/10/202430/06/202312/08/202201/06/2021
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
Full model31/12/202510/07/202616/07/2026FrenchPDF
Full model31/12/202428/11/202513/12/2025FrenchPDF
Full model31/12/202316/10/202431/10/2024FrenchPDF
Full model31/12/202230/06/202327/07/2023FrenchPDF
Full model31/12/202112/08/202229/08/2022FrenchPDF
Full model31/12/202001/06/202116/08/2021FrenchPDF
Full model31/12/201911/06/202030/10/2020FrenchPDF
Full model31/12/201828/06/201928/08/2019FrenchPDF
Full model31/12/201729/06/201828/08/2018FrenchPDF
Full model31/12/201630/06/201703/07/2017FrenchPDF
Full model31/12/201514/06/201604/07/2016FrenchPDF
Full model31/12/201409/06/201522/06/2015FrenchPDF
Full model31/12/201301/07/201404/08/2014FrenchPDF
Full model31/12/201228/06/201319/07/2013FrenchPDF
Full model31/12/201130/08/201227/09/2012FrenchPDF
Full model31/12/201028/06/201131/08/2011FrenchPDF
Full model31/12/200927/09/201019/11/2010FrenchPDF
Full modelCorrection31/12/200823/06/200907/09/2009FrenchPDF
Full model31/12/200823/06/200910/07/2009FrenchPDF
Full model31/12/200710/06/200827/10/2008FrenchPDF
Full model30/06/200614/12/200608/01/2007FrenchPDF
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 · 32 ended

Active mandates

BERT WEEMAES

Managing director · since 19 décembre 2025 · until 19 décembre 2031 · 0537.167.687

Represented by Weemaes Bert

Active
SOciété de GEStion et Construction

Director · since 17 juillet 2025 · until 10 juin 2031 · 0811.398.763

Represented by Beaujean Philippe

Active

Ended mandates

Filip Cordeel

Managing director · since 17 juillet 2025 · until 10 juin 2031

Ended
Dirk Cordeel

Chairman of the board of directors · since 28 juin 2019 · until 10 juin 2025

Ended
Dirk Cordeel

Chairman of the board of directors · since 28 juin 2019 · until 17 juillet 2025

Ended
Filip Cordeel

Director · since 28 juin 2019 · until 10 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/07/2026
    —
    PDF
  • Mandates11/03/2026
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates23/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/01/2026
    OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates02/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/12/2019
    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

Timeline

  1. 2025
    Annual accounts 2025498 k €↑
  2. 2024
    Annual accounts 2024-6,7 M €↓
  3. 2023
    Annual accounts 2023300,4 k €↓
  4. 2022
    Annual accounts 2022728,5 k €↓
  5. 2021
    Annual accounts 2021800,1 k €↑
  6. 2020
    Annual accounts 2020-778,7 k €↓
  7. 2019
    Annual accounts 201960,3 k €↓
  8. 2018
    Annual accounts 2018196,9 k €↑
  9. 2017
    Annual accounts 201718 k €↓
  10. 2016
    Annual accounts 2016617,4 k €↑
  11. 2015
    Annual accounts 2015-138,1 k €↓
  12. 2014
    Annual accounts 201461,2 k €↓
  13. 2013
    Annual accounts 2013694,7 k €↑
  14. 2012
    Annual accounts 2012135 k €↑
  15. 2011
    Annual accounts 201149,4 k €↓
  16. 2010
    Annual accounts 2010368,5 k €↑
  17. 2009
    Annual accounts 2009178,7 k €↑
  18. 2008
    Annual accounts 200891,1 k €↑
  19. 2007
    Annual accounts 2007-3 M €
  20. 11/09/1997
    IncorporationPublic limited company