ACTIVE

MURPRO GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

22,1 M €

+85.5% YoY

Revenue

2,2 M €

+80.5% YoY

Equity

90,2 M €

+25.0% YoY

Workforce

19,5 ETP

+101.0% YoY

What does MURPRO GROUP do?

MURPRO GROUP is a Public limited company incorporated in 2014. Its main activity is: Specialised construction activities. Its registered office is in Braine-le-Château. It employs on average 19,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0568.827.794

Incorporation

16/12/2014

Legal form

Public limited company

Registered office

Parc Industriel(W-B) 27
1440 Braine-le-Château · WallonieSee on map

Contributed capital

25 004 520,00 €

Latest accounts

31/12/2025

Average workforce

19,5 ETP

Activities (NACE)

43421Specialised construction activities· main 43991Other specialised construction activities n.e.c.64200Activities of holding companies 64210Activities of holding companies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Revenue	2,2 M €	+80.5%	1,2 M €	+29.2%	949,4 k €	+0.7%	943,2 k €	+17.0%	806 k €	+148%	325,6 k €	+51.7%	214,6 k €	-15.3%	253,2 k €	+17.1%	216,2 k €	+10.9%	194,9 k €		–
EBITDA	-133,9 k €	-459%	37,3 k €	-57.1%	86,8 k €	-21.7%	110,8 k €	-49.3%	218,5 k €	+235%	-161,4 k €	+51.5%	-333 k €	-38.5%	-240,5 k €	+10.2%	-268 k €	-4.6%	-256,2 k €	-1380%	-17,3 k €
Operating result	-229,6 k €	-251%	-65,4 k €	-404%	-13 k €	-160%	21,5 k €	-86.2%	156,4 k €	+173%	-214,1 k €	+39.6%	-354,8 k €	-46.8%	-241,7 k €	+9.8%	-268,1 k €	-4.6%	-256,2 k €	-1380%	-17,3 k €
Net result	22,1 M €	+85.5%	11,9 M €	-41.1%	20,2 M €	+116%	9,4 M €	+11.8%	8,4 M €	+2067%	-426,4 k €	-109%	4,9 M €	-1.6%	5 M €	+8.0%	4,6 M €	+34.7%	3,4 M €	+997%	-380,8 k €
Balance sheet
Equity	90,2 M €	+25.0%	72,2 M €	+12.9%	64 M €	+46.2%	43,7 M €	+15.6%	37,8 M €	-6.5%	40,4 M €	-3.4%	41,9 M €	+3.9%	40,3 M €	+6.5%	37,8 M €	+10.5%	34,2 M €	+39.0%	24,6 M €
Total assets	93,1 M €	+21.2%	76,8 M €	+6.9%	71,8 M €	+16.7%	61,5 M €	+9.6%	56,2 M €	+11.6%	50,3 M €	-5.3%	53,1 M €	-0.8%	53,6 M €	+0.4%	53,4 M €	+3.4%	51,7 M €	+7.1%	48,3 M €
Cash	38 M €	+68.9%	22,5 M €	+43.8%	15,7 M €	+149%	6,3 M €	+31.4%	4,8 M €	+699%	599,6 k €	-85.2%	4,1 M €	-10.0%	4,5 M €	+7.6%	4,2 M €	+66.6%	2,5 M €		–
Debts	2,8 M €	-38.2%	4,5 M €	-41.8%	7,8 M €	-56.1%	17,7 M €	-2.8%	18,2 M €	+86.0%	9,8 M €	-12.4%	11,2 M €	-15.3%	13,2 M €	-14.5%	15,5 M €	-10.7%	17,3 M €	-26.5%	23,6 M €
Other
Workforce	19,5 ETP	+101%	9,7 ETP	+24.4%	7,8 ETP	+8.3%	7,2 ETP	+22.0%	5,9 ETP	+18.0%	5,0 ETP	-7.4%	5,4 ETP	+8.0%	5,0 ETP	-5.7%	5,3 ETP	+6.0%	5,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Didier TESNIERE

Mandate

Active

Maxime BENOIT

Mandate

Active

Pasqualo DI DONATO

Mandate

Active

Ended mandates

Jacky BENOIT

Director · since 21 juin 2016 · until 31 mai 2021

Ended

Didier Tensière

Managing director · since 16 décembre 2014 · until 31 mai 2021

Ended

Didier TESNIERE

Managing director · since 16 décembre 2014 · until 31 mai 2021

Ended

Pasquale DI DONATO

Managing director · since 16 décembre 2014 · until 31 mai 2021

Ended

At this address

Other companies at this address

Company	CBE no.
MP COMMUNICATION● Active	1032.496.605
MURPROTEC● Active	0424.850.991

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	10/07/2026	09/07/2025	15/07/2024	17/07/2023	12/07/2022	23/07/2021
General meeting	19/06/2026	20/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	10/07/2026	French	PDF
Full model	31/12/2024	20/06/2025	09/07/2025	French	PDF
Full model	31/12/2023	28/06/2024	15/07/2024	French	PDF
Full model	31/12/2022	30/06/2023	17/07/2023	French	PDF
Full model	31/12/2021	30/06/2022	12/07/2022	French	PDF
Full model	31/12/2020	30/06/2021	23/07/2021	French	PDF
Full model	31/12/2019	17/07/2020	11/08/2020	French	PDF
Full model	31/12/2018	27/05/2019	26/06/2019	French	PDF
Full model	31/12/2017	28/05/2018	26/06/2018	French	PDF
Full model	31/12/2016	22/06/2017	28/07/2017	French	PDF
Full model	31/12/2015	20/06/2016	20/07/2016	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 3 active · 7 ended

Active mandates

Didier TESNIERE

Mandate

Active

Maxime BENOIT

Mandate

Active

Pasqualo DI DONATO

Mandate

Active

Ended mandates

Jacky BENOIT

Director · since 21 juin 2016 · until 31 mai 2021

Ended

Didier Tensière

Managing director · since 16 décembre 2014 · until 31 mai 2021

Ended

Didier TESNIERE

Managing director · since 16 décembre 2014 · until 31 mai 2021

Ended

Pasquale DI DONATO

Managing director · since 16 décembre 2014 · until 31 mai 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates13/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates12/09/2024
DEMISSIONS, NOMINATIONS
PDF
Other27/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates25/08/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office25/11/2021
SIEGE SOCIAL
PDF
Mandates01/04/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates22/10/2019
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

2025
Annual accounts 202522,1 M €↑
15/09/2025
nominationMaxime BENOIT — Administrateur
20/06/2025
nominationMichaël De Ridder — représentant permanent du commissaire-réviseur (DGST & Partners — Réviseurs d'entreprises SRL)
2024
Annual accounts 202411,9 M €↓
01/06/2024
nominationOlivier BLANCQUAERT — Directeur Général
2023
Annual accounts 202320,2 M €↑
2022
Annual accounts 20229,4 M €↑
30/05/2022
nominationMichaël De Ridder — commissaire-réviseur
2021
Annual accounts 20218,4 M €↑
2020
Annual accounts 2020-426,4 k €↓
2019
Annual accounts 20194,9 M €↓
2018
Annual accounts 20185 M €↑
2017
Annual accounts 20174,6 M €↑
2016
Annual accounts 20163,4 M €↑
2015
Annual accounts 2015-380,8 k €
16/12/2014
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

MURPRO GROUP

Overview

What does MURPRO GROUP do?

Trend over 11 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