ACTIVE

TO BUILD

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Financial year 2025 · closed on 31/12/2025
Net result
139 k €
-15.2% YoY
Gross margin
603,8 k €
-8.5% YoY
Equity
660,9 k €
+26.6% YoY
Workforce
5,0 ETP
-2.0% YoY

What does TO BUILD do?

TO BUILD is a Private limited company incorporated in 2020. Its main activity is: Construction of buildings. Its registered office is in Maasmechelen. It employs on average 5,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0740.855.415
Incorporation
07/01/2020
Legal form
Private limited company
Registered office
Industrielaan(M) 81
3630 Maasmechelen · FlandreSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2025
Average workforce
5,0 ETP
Activities (NACE)
41001Construction of buildings· main41201Construction of residential and non-residential buildings43333Floor and wall covering43333Floor and wall covering
Joint committees (2)
  • 124
  • 200
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin603,8 k €659,9 k €682,4 k €376,9 k €15,2 k €27,1 k €
EBITDA253,4 k €317,5 k €274,9 k €51,3 k €-2,4 k €26,9 k €
Operating result196,8 k €256,2 k €226 k €15,5 k €-11,7 k €18,6 k €
Net result139 k €163,9 k €187,1 k €19,8 k €-17,3 k €18,4 k €
Balance sheet
Equity660,9 k €521,9 k €358 k €170,9 k €151,1 k €23,4 k €
Total assets1 M €826,7 k €690,3 k €1 M €177,7 k €53,6 k €
Cash208,4 k €237,6 k €135,3 k €251,6 k €155,2 k €26,6 k €
Debts343,3 k €146,4 k €325,4 k €816,2 k €26,5 k €30,2 k €
Other
Workforce5,0 ETP5,1 ETP6,0 ETP–0,4 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

TOBE

Director · since 23 décembre 2021 · 0468.753.092

Represented by Jan Baillien

Active

Ended mandates

Jan Baillien

Director · since 06 septembre 2021 · until 23 décembre 2021

Ended
Miguel Jeurissen

Director · since 30 décembre 2019 · until 06 septembre 2021

Ended
Miguel Jeurissen

Manager

Ended
TOBE

Director · 0468.753.092

Represented by Jan Baillien

Ended
At this address

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0791.492.482
GROBATO● Active
1010.023.089
Groep BAILLIEN● Active
1042.376.945
IMMO GROEP BAILLIEN● Active
1038.289.285
MWB CONSTRUCT● Active
0758.631.951
SCHOONMAAKBEDRIJF V.I.P. CLEAN● Active
0453.699.286
TO BA● Active
1021.014.674
TO BOOST● Active
0477.505.858
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelAbridged 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 date31/07/202620/08/202526/07/202430/06/202321/07/202203/05/2021
General meeting30/06/202603/05/202504/05/202406/05/202330/06/202203/05/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202403/05/202520/08/2025DutchPDF
Abridged model31/12/202304/05/202426/07/2024DutchPDF
Micro model31/12/202206/05/202330/06/2023DutchPDF
Abridged model31/12/202130/06/202221/07/2022DutchPDF
Micro model31/12/202003/05/202103/05/2021DutchPDF
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

TOBE

Director · since 23 décembre 2021 · 0468.753.092

Represented by Jan Baillien

Active

Ended mandates

Jan Baillien

Director · since 06 septembre 2021 · until 23 décembre 2021

Ended
Miguel Jeurissen

Director · since 30 décembre 2019 · until 06 septembre 2021

Ended
Miguel Jeurissen

Manager

Ended
TOBE

Director · 0468.753.092

Represented by Jan Baillien

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/09/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/01/2020
    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 2025139 k €↓
  2. 2024
    Annual accounts 2024163,9 k €↓
  3. 2023
    Annual accounts 2023187,1 k €↑
  4. 2022
    Annual accounts 202219,8 k €↑
  5. 2021
    Annual accounts 2021-17,3 k €↓
  6. 2020
    Annual accounts 202018,4 k €
  7. 07/01/2020
    IncorporationPrivate limited company