ACTIVE

B.D. - Construct

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Financial year 2025 · closed on 30/06/2025

Net result

466,3 k €

+55.2% YoY

Gross margin

1,7 M €

+19.8% YoY

Equity

1,4 M €

+3.6% YoY

Workforce

16,7 ETP

+0.6% YoY

What does B.D. - Construct do?

B.D. - Construct is a Private limited company incorporated in 1999. Its registered office is in Ravels. It employs on average 16,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.363.033

Incorporation

28/06/1999

Legal form

Private limited company

Registered office

Kanaaldijk 14
2380 Ravels · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

30/06/2025

Average workforce

16,7 ETP

Joint committees (2)

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	1,7 M €	+19.8%	1,4 M €	-1.9%	1,4 M €	+21.2%	1,2 M €	-6.1%	1,3 M €	-10.5%	1,4 M €	+32.0%	1,1 M €	-10.9%	1,2 M €	+6.1%	1,1 M €	+5.0%	1,1 M €	-9.7%	1,2 M €	+5.7%	1,1 M €	+0.7%	1,1 M €	-4.0%	1,2 M €	+33.3%	878,2 k €	+3.2%	850,8 k €	-5.7%	902,1 k €	-6.3%	962,6 k €	+15.1%	836,5 k €
EBITDA	655,5 k €	+37.0%	478,3 k €	-20.1%	599 k €	+71.4%	349,4 k €	-8.7%	382,9 k €	-24.2%	504,9 k €	+145%	206,5 k €	-28.1%	287,4 k €	+28.6%	223,5 k €	+33.5%	167,4 k €	-43.5%	296,5 k €	+0.3%	295,6 k €	-5.1%	311,4 k €	-22.9%	404 k €	+151%	161,2 k €	+34.8%	119,6 k €	-28.0%	166,1 k €	-37.9%	267,4 k €	+9.1%	245,1 k €
Operating result	555,3 k €	+44.1%	385,4 k €	-24.2%	508,4 k €	+96.6%	258,6 k €	-22.5%	333,7 k €	-28.5%	466,6 k €	+193%	159,4 k €	-35.7%	248,2 k €	+42.0%	174,7 k €	+79.6%	97,3 k €	-61.3%	251 k €	+13.6%	220,9 k €	+6.7%	207 k €	-35.2%	319,3 k €	+300%	79,9 k €	+119%	36,4 k €	-61.5%	94,7 k €	-47.0%	178,7 k €	-10.9%	200,5 k €
Net result	466,3 k €	+55.2%	300,4 k €	-21.1%	380,7 k €	+109%	182,2 k €	-33.4%	273,7 k €	-25.7%	368,4 k €	+221%	114,6 k €	-24.6%	152 k €	+28.5%	118,3 k €	+135%	50,4 k €	-67.1%	153,3 k €	-3.0%	158 k €	+4.4%	151,4 k €	-26.3%	205,4 k €	+235%	61,3 k €	+85.3%	33,1 k €	-55.7%	74,7 k €	-43.6%	132,5 k €	-1.6%	134,7 k €
Balance sheet
Equity	1,4 M €	+3.6%	1,3 M €	+7.0%	1,2 M €	+11.7%	1,1 M €	+6.2%	1 M €	-15.2%	1,2 M €	+5.6%	1,2 M €	-3.8%	1,2 M €	-19.8%	1,5 M €	+8.5%	1,4 M €	+3.8%	1,3 M €	+13.0%	1,2 M €	+10.1%	1,1 M €	+16.4%	922 k €	+28.7%	716,6 k €	+9.4%	655,3 k €	+4.2%	628,7 k €	+13.5%	553,9 k €	+31.5%	421,4 k €
Total assets	2,7 M €	+0.1%	2,7 M €	+19.7%	2,2 M €	-0.1%	2,2 M €	-10.4%	2,5 M €	+26.2%	2 M €	+5.6%	1,9 M €	-22.8%	2,4 M €	+15.5%	2,1 M €	+25.7%	1,7 M €	-1.5%	1,7 M €	+13.1%	1,5 M €	+12.4%	1,3 M €	-0.1%	1,3 M €	+12.3%	1,2 M €	+33.8%	888,8 k €	-3.1%	916,9 k €	-1.1%	927,4 k €	+26.3%	734,1 k €
Cash	734,2 k €	+25.8%	583,8 k €	+1.5%	575,1 k €	+30.5%	440,7 k €	-35.4%	682 k €	-42.1%	1,2 M €	+60.1%	736,1 k €	-41.4%	1,3 M €	+16.8%	1,1 M €	-1.0%	1,1 M €	+2.6%	1,1 M €	+56.0%	678,7 k €	+14.7%	591,5 k €	-5.8%	628,2 k €	+93.4%	324,8 k €	+22.0%	266,3 k €	+51.7%	175,5 k €	-14.7%	205,8 k €	+128%	90,1 k €
Debts	1,3 M €	-3.4%	1,4 M €	+35.5%	999,2 k €	-11.7%	1,1 M €	-22.2%	1,5 M €	+93.8%	750,3 k €	+5.6%	710,5 k €	-41.7%	1,2 M €	+105%	595,4 k €	+109%	284,8 k €	-21.0%	360,4 k €	+13.4%	317,8 k €	+22.1%	260,2 k €	-34.1%	394,5 k €	-16.5%	472,2 k €	+103%	232,3 k €	-19.4%	288,2 k €	-22.1%	369,9 k €	+18.6%	312 k €
Other
Workforce	16,7 ETP	+0.6%	16,6 ETP	0.0%	16,6 ETP	-5.7%	17,6 ETP	-2.8%	18,1 ETP	+2.8%	17,6 ETP	+3.5%	17,0 ETP	-6.6%	18,2 ETP	-2.7%	18,7 ETP	+1.1%	18,5 ETP	0.0%	18,5 ETP	+6.3%	17,4 ETP	+5.5%	16,5 ETP	-3.5%	17,1 ETP	+7.5%	15,9 ETP	-3.0%	16,4 ETP	-8.9%	18,0 ETP	+1.1%	17,8 ETP	+17.9%	15,1 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 30/06/2025 · 2 active · 9 ended

Active mandates

Bax Innovations

Director · since 09 juillet 2024 · 1011.377.527

Represented by Maarten Bax

Active

BB-Real Estate

Director · since 21 novembre 2022 · 0449.997.252

Represented by Dirk Bax

Active

Ended mandates

BB-Real Estate

Manager · since 01 juillet 2018 · 0449.997.252

Represented by Dirk Bax

Ended

Maarten Bax

Manager · since 01 juillet 2018

Ended

Dirk Bax

Manager · since 15 juin 1999 · until 30 juin 2018

Ended

BB-Real Estate

Director · 0449.997.252

Represented by Dirk Bax

Ended

At this address

Other companies at this address

Company	CBE no.
BB-Real Estate● Active	0449.997.252

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/11/2025	09/12/2024	31/10/2023	10/11/2022	17/12/2021	10/12/2020
General meeting	20/10/2025	26/11/2024	06/10/2023	28/10/2022	03/12/2021	24/11/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	20/10/2025	19/11/2025	Dutch	PDF
Abridged model	30/06/2024	26/11/2024	09/12/2024	Dutch	PDF
Abridged model	30/06/2023	06/10/2023	31/10/2023	Dutch	PDF
Abridged model	30/06/2022	28/10/2022	10/11/2022	Dutch	PDF
Abridged model	30/06/2021	03/12/2021	17/12/2021	Dutch	PDF
Abridged model	30/06/2020	24/11/2020	10/12/2020	Dutch	PDF
Abridged model	30/06/2019	06/12/2019	12/12/2019	Dutch	PDF
Abridged model	30/06/2018	07/12/2018	21/12/2018	Dutch	PDF
Abridged model	30/06/2017	01/12/2017	20/12/2017	Dutch	PDF
Abridged model	30/06/2016	02/12/2016	19/12/2016	Dutch	PDF
Abridged model	30/06/2015	04/12/2015	04/01/2016	Dutch	PDF
Abridged model	30/06/2014	05/12/2014	08/12/2014	Dutch	PDF
Abridged model	30/06/2013	06/12/2013	09/12/2013	Dutch	PDF
Abridged model	30/06/2012	07/12/2012	17/12/2012	Dutch	PDF
Abridged model	30/06/2011	02/12/2011	05/12/2011	Dutch	PDF
Abridged model	30/06/2010	03/12/2010	13/12/2010	Dutch	PDF
Abridged model	30/06/2009	04/12/2009	10/12/2009	Dutch	PDF
Abridged model	30/06/2008	05/12/2008	11/12/2008	Dutch	PDF
Abridged model	30/06/2007	07/12/2007	13/12/2007	Dutch	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 30/06/2025 · 2 active · 9 ended

Active mandates

Bax Innovations

Director · since 09 juillet 2024 · 1011.377.527

Represented by Maarten Bax

Active

BB-Real Estate

Director · since 21 novembre 2022 · 0449.997.252

Represented by Dirk Bax

Active

Ended mandates

BB-Real Estate

Manager · since 01 juillet 2018 · 0449.997.252

Represented by Dirk Bax

Ended

Maarten Bax

Manager · since 01 juillet 2018

Ended

Dirk Bax

Manager · since 15 juin 1999 · until 30 juin 2018

Ended

BB-Real Estate

Director · 0449.997.252

Represented by Dirk Bax

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares31/03/2026
KAPITAAL - AANDELEN
PDF
Mandates13/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/07/2018
KAPITAAL - AANDELEN
PDF
Capital / shares13/06/2014
KAPITAAL - AANDELEN
PDF
Capital / shares31/10/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office07/07/2003
ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
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 2025466,3 k €↑
2024
Annual accounts 2024300,4 k €↓
2023
Annual accounts 2023380,7 k €↑
2022
Annual accounts 2022182,2 k €↓
2021
Annual accounts 2021273,7 k €↓
2020
Annual accounts 2020368,4 k €↑
2019
Annual accounts 2019114,6 k €↓
2018
Annual accounts 2018152 k €↑
2017
Annual accounts 2017118,3 k €↑
2016
Annual accounts 201650,4 k €↓
2015
Annual accounts 2015153,3 k €↓
2014
Annual accounts 2014158 k €↑
2013
Annual accounts 2013151,4 k €↓
2012
Annual accounts 2012205,4 k €↑
2011
Annual accounts 201161,3 k €↑
2010
Annual accounts 201033,1 k €↓
2009
Annual accounts 200974,7 k €↓
2008
Annual accounts 2008132,5 k €↓
2007
Annual accounts 2007134,7 k €
28/06/1999
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

B.D. - Construct

Overview

What does B.D. - Construct 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