ACTIVE

BSEG CONSTRUCT

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Financial year 2025 · closed on 31/12/2025
Net result
-44 k €
-951.1% YoY
Gross margin
219,9 k €
+53.1% YoY
Equity
42,2 k €
-51.1% YoY
Workforce
5,0 ETP

What does BSEG CONSTRUCT do?

BSEG CONSTRUCT is a Private limited company incorporated in 2017. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Andenne. It employs on average 5,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0674.743.282
Incorporation
21/04/2017
Legal form
Private limited company
Registered office
Rue du Bois Portal 4
5300 Andenne · WallonieSee on map
Contributed capital
8 060,00 €
Latest accounts
31/12/2025
Average workforce
5,0 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures41001Construction of buildings41201Construction of residential and non-residential buildings43230Electrical, plumbing and other construction installation activities43291Other construction installation+8
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin219,9 k €143,6 k €331,1 k €17,1 k €99,8 k €14,1 k €24 k €21,4 k €12,9 k €
EBITDA27,1 k €70 k €108,7 k €6,9 k €64,1 k €6,3 k €22,6 k €19,3 k €11,2 k €
Operating result-38,1 k €13,1 k €46,3 k €-19,7 k €49,4 k €-1,3 k €13,1 k €9,8 k €7,2 k €
Net result-44 k €5,2 k €35,4 k €-20,2 k €38,1 k €-1,6 k €10,2 k €7,5 k €5,3 k €
Balance sheet
Equity42,2 k €86,2 k €81 k €45,6 k €65,6 k €27,5 k €29,1 k €18,9 k €11,5 k €
Total assets270,4 k €278,3 k €244 k €316,1 k €128,4 k €59,3 k €56 k €46,8 k €31,5 k €
Cash23,5 k €41,6 k €23,3 k €13,5 k €54,5 k €29,8 k €37,2 k €15,6 k €5,5 k €
Debts228,2 k €192,1 k €163 k €270,5 k €62,8 k €31,8 k €26,9 k €27,9 k €20 k €
Other
Workforce5,0 ETP––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

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

Active mandates

Blerton NEZIRAJ

Mandate

Active

Ended mandates

Besnik NEZIRAJ

Manager · since 21 avril 2017

Ended
Blerton NEZIRAJ

Manager · since 21 avril 2017

Ended
Hava ALJIJA

Manager · since 21 avril 2017

Ended
Besnik NEZIRAJ

Mandate

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelAbridged 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 date25/08/202629/08/202514/06/202424/08/202326/07/202226/08/2021
General meeting24/04/202625/04/202526/04/202428/04/202329/04/202230/04/2021
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
Abridged model31/12/202524/04/202625/08/2026FrenchPDF
Micro model31/12/202425/04/202529/08/2025FrenchPDF
Micro model31/12/202326/04/202414/06/2024FrenchPDF
Abridged model31/12/202228/04/202324/08/2023FrenchPDF
Micro model31/12/202129/04/202226/07/2022FrenchPDF
Micro model31/12/202030/04/202126/08/2021FrenchPDF
Micro model31/12/201924/04/202008/09/2020FrenchPDF
Micro model31/12/201826/04/201928/05/2019FrenchPDF
Micro model31/12/201720/04/201813/06/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 4 ended

Active mandates

Blerton NEZIRAJ

Mandate

Active

Ended mandates

Besnik NEZIRAJ

Manager · since 21 avril 2017

Ended
Blerton NEZIRAJ

Manager · since 21 avril 2017

Ended
Hava ALJIJA

Manager · since 21 avril 2017

Ended
Besnik NEZIRAJ

Mandate

Ended
Shareholders

Ownership and network

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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 2025-44 k €↓
  2. 2024
    Annual accounts 20245,2 k €↓
  3. 2023
    Annual accounts 202335,4 k €↑
  4. 2022
    Annual accounts 2022-20,2 k €↓
  5. 2021
    Annual accounts 202138,1 k €↑
  6. 2020
    Annual accounts 2020-1,6 k €↓
  7. 2019
    Annual accounts 201910,2 k €↑
  8. 2018
    Annual accounts 20187,5 k €↑
  9. 2017
    Annual accounts 20175,3 k €
  10. 21/04/2017
    IncorporationPrivate limited company