ACTIVE

STUDY CONCRETE ELEMENTS

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Financial year 2025 · closed on 31/12/2025
Net result
270,4 k €
+37.7% YoY
Gross margin
881,9 k €
+22.0% YoY
Equity
568,8 k €
-4.9% YoY
Workforce
2,8 ETP
+115.4% YoY

What does STUDY CONCRETE ELEMENTS do?

STUDY CONCRETE ELEMENTS is a Private limited company incorporated in 2014. Its main activity is: Architectural activities. Its registered office is in Aalter. It employs on average 2,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0563.411.236
Incorporation
25/09/2014
Legal form
Private limited company
Registered office
Brouwerijstraat 55
9880 Aalter · FlandreSee on map
Contributed capital
68 600,00 €
Latest accounts
31/12/2025
Average workforce
2,8 ETP
Activities (NACE)
71111Architectural activities· main71111Architectural activities71113Architectural activities71113Architectural activities71111Architectural activities71111Architectural activities+2
Joint committees (2)
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin881,9 k €722,8 k €759,1 k €584,3 k €435,6 k €307,5 k €206,7 k €122,0 k €176,8 k €66,5 k €104,3 k €
EBITDA720,9 k €643,2 k €696,6 k €530,3 k €358,0 k €228,0 k €118,3 k €70,0 k €126,7 k €16,6 k €31,2 k €
Operating result381,9 k €280,2 k €326,9 k €212,7 k €108,7 k €112,1 k €76,4 k €58,3 k €126,5 k €16,2 k €30,8 k €
Net result270,4 k €196,4 k €302,4 k €188,7 k €88,7 k €105,8 k €62,1 k €37,7 k €82,6 k €10,7 k €18,2 k €
Balance sheet
Equity568,8 k €598,3 k €577,0 k €428,1 k €289,4 k €200,7 k €144,9 k €132,8 k €130,1 k €35,1 k €24,4 k €
Total assets2,5 M €2,6 M €2,9 M €2,8 M €1,6 M €1,2 M €664,1 k €178,5 k €194,7 k €93,1 k €58,7 k €
Cash39,3 k €34,5 k €37,5 k €58,5 k €17,8 k €3,8 k €83,6 k €35,8 k €10,6 k €11,1 k €4,6 k €
Debts1,9 M €2,0 M €2,3 M €2,4 M €1,3 M €1,0 M €519,2 k €45,7 k €64,5 k €57,7 k €34,3 k €
Other
Workforce2,8 ETP1,3 ETP1,0 ETP1,0 ETP1,5 ETP2,0 ETP1,8 ETP–––1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Jan Laroy

Director

Active

Ended mandates

Bart Laroy

Director · since 25 septembre 2014 · until 04 janvier 2021

Ended
Jan Laroy

Director · since 25 septembre 2014

Ended
Bart Laroy

Manager

Ended
Jan Laroy

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
JAVEMA● Active
1025.057.495
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date09/04/202607/04/202507/06/202423/06/202317/08/202225/06/2021
General meeting23/03/202628/03/202530/05/202413/06/202330/06/202221/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/03/202609/04/2026DutchPDF
Abridged model31/12/202428/03/202507/04/2025DutchPDF
Abridged model31/12/202330/05/202407/06/2024DutchPDF
Abridged model31/12/202213/06/202323/06/2023DutchPDF
Abridged model31/12/202130/06/202217/08/2022DutchPDF
Abridged model31/12/202021/06/202125/06/2021DutchPDF
Abridged model31/12/201930/06/202030/07/2020DutchPDF
Micro model31/12/201817/06/201930/07/2019DutchPDF
Micro model31/12/201718/06/201828/06/2018DutchPDF
Micro model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201520/06/201627/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 4 ended

Active mandates

Jan Laroy

Director

Active

Ended mandates

Bart Laroy

Director · since 25 septembre 2014 · until 04 janvier 2021

Ended
Jan Laroy

Director · since 25 septembre 2014

Ended
Bart Laroy

Manager

Ended
Jan Laroy

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/10/2018
    DOEL
    PDF
  • Other08/10/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025270,4 k €↑
  2. 2024
    Annual accounts 2024196,4 k €↓
  3. 2023
    Annual accounts 2023302,4 k €↑
  4. 2022
    Annual accounts 2022188,7 k €↑
  5. 2021
    Annual accounts 202188,7 k €↓
  6. 2020
    Annual accounts 2020105,8 k €↑
  7. 2019
    Annual accounts 201962,1 k €↑
  8. 2018
    Annual accounts 201837,7 k €↓
  9. 2017
    Annual accounts 201782,6 k €↑
  10. 2016
    Annual accounts 201610,7 k €↓
  11. 2015
    Annual accounts 201518,2 k €
  12. 25/09/2014
    IncorporationPrivate limited company