ACTIVE

SUBCO BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result50,3 k €+100,1 %over 1 year
Gross margin142,2 k €+163,9 %over 1 year
Equity342,6 k €+17,2 %over 1 year
Workforce0,8 ETP+100,0 %over 1 year

Identity

Source · BCE/KBO

SUBCO BELGIUM is a Private limited company incorporated in 2020. Its main activity is: Construction of buildings. Its registered office is in Antwerpen. It employs on average 0,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0754.692.761
Incorporation
22/09/2020
Legal form
Private limited company
Registered office
Terbekehofdreef 43a
2610 Antwerpen · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
0,8 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin142,2 k €53,9 k €173,3 k €413,5 k €378,3 k €
EBITDA88,5 k €51,8 k €74,5 k €167,6 k €157,3 k €
Operating result71,9 k €35,3 k €64,5 k €167,4 k €157,1 k €
Net result50,3 k €25,1 k €49,7 k €106,6 k €110,9 k €
Balance sheet
Equity342,6 k €292,3 k €267,2 k €217,5 k €110,9 k €
Total assets648,6 k €504,9 k €524,3 k €822,7 k €299,7 k €
Cash5,1 k €21,2 k €41,7 k €85,3 k €90,5 k €
Debts279,4 k €178,1 k €141,1 k €52,4 k €186,7 k €
Other
Workforce0,8 ETP0,4 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

KUMU GROUP

Director · since 01 juillet 2023 · 0784.760.781

Represented by Geerts ALAIN

Active

Ended mandates

KUMU GROUP

Director · since 01 juillet 2023 · 0784.760.781

Represented by Alain Geerts

Ended
BMC SERVICE

Director · 0776.514.494

Represented by VANDERHAEGHEN EVY

Ended

Other companies at this address

Terbekehofdreef 43a 2610 Antwerpen
CompanyCBE no.
KUMU GROUP● Active
0784.760.781

Full financial information

Source · NBB
20252024202320222021
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/09/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months16 months
Filing date31/08/202628/08/202505/10/202429/07/202331/08/2022
General meeting19/06/202620/06/202521/06/202416/06/202317/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202631/08/2026DutchPDF
Abridged model31/12/202420/06/202528/08/2025DutchPDF
Micro model31/12/202321/06/202405/10/2024DutchPDF
Micro model31/12/202216/06/202329/07/2023DutchPDF
Micro model31/12/202117/06/202231/08/2022DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

KUMU GROUP

Director · since 01 juillet 2023 · 0784.760.781

Represented by Geerts ALAIN

Active

Ended mandates

KUMU GROUP

Director · since 01 juillet 2023 · 0784.760.781

Represented by Alain Geerts

Ended
BMC SERVICE

Director · 0776.514.494

Represented by VANDERHAEGHEN EVY

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/06/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/09/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 202550,3 k €↑
  2. 2024
    Annual accounts 202425,1 k €↓
  3. 2023
    Annual accounts 202349,7 k €↓
  4. 2022
    Annual accounts 2022106,6 k €↓
  5. 2021
    Annual accounts 2021110,9 k €
  6. 22/09/2020
    IncorporationPrivate limited company