ACTIVE

BV Construct

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Financial year 2025 · closed on 31/12/2025

Net result

-18,3 k €

-117.1% YoY

Gross margin

-10,7 k €

-106.1% YoY

Equity

221,3 k €

-7.6% YoY

What does BV Construct do?

BV Construct is a Private limited company incorporated in 2015. Its main activity is: Development of building projects. Its registered office is in Aalter.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0598.786.938

Incorporation

18/02/2015

Legal form

Private limited company

Registered office

Mergelput 3 box 3A
9880 Aalter · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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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
Gross margin	-10,7 k €	-106%	176,0 k €	+12173%	-1,5 k €	+47.7%	-2,8 k €	-101%	262,5 k €	+1804%	-15,4 k €	-356%	-3,4 k €	+93.3%	-50,2 k €	-145%	111,7 k €	-51.6%	231,0 k €	+1528%	-16,2 k €
EBITDA	-11,2 k €	-106%	175,4 k €	+8989%	-2,0 k €	+47.7%	-3,8 k €	-101%	261,5 k €	+1742%	-15,9 k €	-307%	-3,9 k €	+92.3%	-51,0 k €	-146%	111,1 k €	-51.8%	230,7 k €	+1466%	-16,9 k €
Operating result	-11,2 k €	-106%	175,4 k €	+2923%	5,8 k €	+45.1%	4,0 k €	-97.8%	183,7 k €	+1254%	-15,9 k €	-307%	-3,9 k €	+92.3%	-51,0 k €	-146%	111,1 k €	-51.8%	230,7 k €	+1466%	-16,9 k €
Net result	-18,3 k €	-117%	106,6 k €	+4088%	2,5 k €	+127%	1,1 k €	-99.2%	142,5 k €	+1269%	-12,2 k €	-24468%	-49,6 €	+99.9%	-51,0 k €	-173%	70,1 k €	-49.8%	139,5 k €	+888%	-17,7 k €
Balance sheet
Equity	221,3 k €	-7.6%	239,6 k €	+80.1%	133,0 k €	-58.7%	322,3 k €	+0.3%	321,2 k €	+79.8%	178,7 k €	-6.4%	190,9 k €	-0.0%	190,9 k €	-21.1%	241,9 k €	+40.8%	171,8 k €	+432%	32,3 k €
Total assets	417,9 k €	-24.7%	554,7 k €	+16.8%	474,8 k €	-8.4%	518,5 k €	-16.5%	621,3 k €	-56.5%	1,4 M €	+76.5%	809,7 k €	+221%	252,6 k €	-43.5%	446,9 k €	+16.8%	382,8 k €	-8.2%	417,0 k €
Cash	46,8 k €	-73.6%	177,1 k €	+125%	78,8 k €	-76.2%	330,7 k €	+437%	61,6 k €	+81.1%	34,0 k €	-50.0%	68,0 k €	+227%	20,8 k €	+66.7%	12,5 k €	-79.7%	61,4 k €	+488%	10,4 k €
Debts	127,4 k €	-48.7%	248,5 k €	-7.8%	269,4 k €	+126%	119,2 k €	-45.5%	218,7 k €	-82.5%	1,2 M €	+102%	618,9 k €	+919%	60,8 k €	-69.9%	201,8 k €	-2.6%	207,3 k €	-45.6%	381,0 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Carlo De Schutter

Director

Active

Ended mandates

Carlo De Schutter

Director · since 04 octobre 2024

Ended

Radostina Mihova

Administrator - manager · since 15 décembre 2017

Ended

Radostina Mihova

Manager · since 15 décembre 2017

Ended

IZA

Manager · since 18 février 2015 · 0550.546.165

Represented by Kristof VAN PARYS

Ended

At this address

Other companies at this address

Company	CBE no.
Be Projects● Active	0846.611.446
Berkein Maatschap● Active	1016.130.032

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged 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	31/08/2026	17/07/2025	27/08/2024	20/07/2023	22/08/2022	25/08/2021
General meeting	15/08/2026	30/06/2025	03/06/2024	05/06/2023	06/06/2022	07/06/2021
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
Abridged model	31/12/2025	15/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Micro model	31/12/2023	03/06/2024	27/08/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	20/07/2023	Dutch	PDF
Micro model	31/12/2021	06/06/2022	22/08/2022	Dutch	PDF
Micro model	31/12/2020	07/06/2021	25/08/2021	Dutch	PDF
Micro model	31/12/2019	07/09/2020	21/09/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	20/08/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	05/06/2017	26/09/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	31/08/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

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 · 5 ended

Active mandates

Carlo De Schutter

Director

Active

Ended mandates

Carlo De Schutter

Director · since 04 octobre 2024

Ended

Radostina Mihova

Administrator - manager · since 15 décembre 2017

Ended

Radostina Mihova

Manager · since 15 décembre 2017

Ended

IZA

Manager · since 18 février 2015 · 0550.546.165

Represented by Kristof VAN PARYS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other20/02/2015
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

2025
Annual accounts 2025-18,3 k €↓
2024
Annual accounts 2024106,6 k €↑
2023
Annual accounts 20232,5 k €↑
2022
Annual accounts 20221,1 k €↓
2021
Annual accounts 2021142,5 k €↑
2020
Annual accounts 2020-12,2 k €↓
2019
Annual accounts 2019-49,6 €↑
2018
Annual accounts 2018-51,0 k €↓
2017
Annual accounts 201770,1 k €↓
2016
Annual accounts 2016139,5 k €↑
2015
Annual accounts 2015-17,7 k €
18/02/2015
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

BV Construct

Overview

What does BV Construct 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