ACTIVE

SUBSTRA ARCHITECTURES

Financial year 2025 · closed on 31/12/2025
Net result
21,4 k €
+618.6% YoY
Gross margin
48,2 k €
+140.8% YoY
Equity
25 k €
-25.6% YoY

What does SUBSTRA ARCHITECTURES do?

SUBSTRA ARCHITECTURES is a Private limited company incorporated in 2016. Its main activity is: Architectural activities. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0658.892.591
Incorporation
11/07/2016
Legal form
Private limited company
Registered office
Quai Godefroid-Kurth 14
4020 Liège · WallonieSee on map
Contributed capital
6 200,01 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin48,2 k €20 k €27,1 k €29,8 k €25,9 k €1,8 k €13,4 k €6,5 k €10,4 k €
EBITDA46,9 k €18,8 k €25,8 k €28,3 k €24,8 k €-1,5 k €12,5 k €5,7 k €8,8 k €
Operating result30,1 k €2,3 k €13,1 k €20,8 k €21,3 k €-4,1 k €7,1 k €2 k €4,4 k €
Net result21,4 k €-4,1 k €9 k €16,1 k €15,4 k €-6,4 k €2,2 k €1,9 k €3,4 k €
Balance sheet
Equity25 k €33,6 k €37,7 k €28,8 k €22,7 k €7,3 k €13,7 k €11,5 k €9,6 k €
Total assets100,3 k €83,8 k €87,8 k €87,7 k €56,2 k €36 k €32,3 k €17,1 k €19,3 k €
Cash54,3 k €11,2 k €18,8 k €33,4 k €36,8 k €11,9 k €13 k €6,8 k €6,9 k €
Debts75,3 k €50,3 k €50,1 k €59 k €33,5 k €28,7 k €15,7 k €5,6 k €9,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

ARBUSST

Director · since 18 décembre 2025 · 1031.883.822

Active
GESDEHEM

Director · since 18 décembre 2025 · 1031.883.624

Active
GESODW

Director · since 18 décembre 2025 · 1031.883.723

Active

Ended mandates

Didier Mans

Mandate

Ended
John Schrayen

Mandate

Ended
Olivier De Wispelaere

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
MDWSActive
1035.494.596
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date17/08/202621/08/202523/12/202430/08/202326/07/202223/08/2021
General meeting11/06/202628/05/202522/05/202425/05/202326/05/202227/05/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202511/06/202617/08/2026FrenchPDF
Micro model31/12/202428/05/202521/08/2025FrenchPDF
Micro model31/12/202322/05/202423/12/2024FrenchPDF
Micro model31/12/202225/05/202330/08/2023FrenchPDF
Micro model31/12/202126/05/202226/07/2022FrenchPDF
Micro model31/12/202027/05/202123/08/2021FrenchPDF
Micro model31/12/201928/05/202028/08/2020FrenchPDF
Micro model31/12/201830/05/201928/08/2019FrenchPDF
Micro model31/12/201731/05/201831/08/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active · 3 ended

Active mandates

ARBUSST

Director · since 18 décembre 2025 · 1031.883.822

Active
GESDEHEM

Director · since 18 décembre 2025 · 1031.883.624

Active
GESODW

Director · since 18 décembre 2025 · 1031.883.723

Active

Ended mandates

Didier Mans

Mandate

Ended
John Schrayen

Mandate

Ended
Olivier De Wispelaere

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/12/2025
    DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Other05/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Other13/07/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202521,4 k €
  2. 2024
    Annual accounts 2024-4,1 k €
  3. 2023
    Annual accounts 20239 k €
  4. 2022
    Annual accounts 202216,1 k €
  5. 2021
    Annual accounts 202115,4 k €
  6. 2020
    Annual accounts 2020-6,4 k €
  7. 2019
    Annual accounts 20192,2 k €
  8. 2018
    Annual accounts 20181,9 k €
  9. 2017
    Annual accounts 20173,4 k €
  10. 11/07/2016
    IncorporationPrivate limited company