ACTIVE

MANDACHE CONSTRUCT

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Financial year 2025 · closed on 31/12/2025
Net result
41,3 k €
+186.3% YoY
Revenue
592,0 k €
+46.2% YoY
Equity
141,9 k €
+41.1% YoY
Workforce
1,0 ETP
0.0% YoY

What does MANDACHE CONSTRUCT do?

MANDACHE CONSTRUCT is a Private limited company incorporated in 2020. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Ganshoren. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0755.961.184
Incorporation
09/10/2020
Legal form
Private limited company
Registered office
Av. de l'Exposition Universelle 18 box 12
1083 Ganshoren · BruxellesSee on map
Contributed capital
4 750,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
42220Construction of utility projects for electricity and telecommunications· main42220Construction of utility projects for electricity and telecommunications43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.81210General cleaning of buildings81210General cleaning of buildings
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue592,0 k €404,9 k €486,8 k €464,8 k €364,4 k €
EBITDA82,4 k €38,5 k €88,0 k €66,9 k €54,3 k €
Operating result62,0 k €23,4 k €76,3 k €66,6 k €53,9 k €
Net result41,3 k €14,4 k €53,4 k €48,9 k €40,2 k €
Balance sheet
Equity141,9 k €100,6 k €147,3 k €93,9 k €45,0 k €
Total assets267,7 k €196,1 k €287,2 k €256,5 k €108,3 k €
Cash132,8 k €91,4 k €70,2 k €49,3 k €3,2 k €
Debts125,8 k €95,5 k €139,9 k €162,6 k €63,4 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP0,3 ETP–
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

Active mandates

FLORIN-MIHAI BUCULEI

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
Association des copropriétaires de la résidence "Windsor" à Ganshoren, avenue de l'Exposition Universelle 18● Active
0893.735.036
FAST PEB● Active
1028.141.008
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202229/09/2020
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 date31/08/202631/08/202530/08/202431/08/202329/07/2022
General meeting28/05/202629/05/202530/05/202425/05/202326/05/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/05/202631/08/2026FrenchPDF
Abridged model31/12/202429/05/202531/08/2025FrenchPDF
Abridged model31/12/202330/05/202430/08/2024FrenchPDF
Abridged model31/12/202225/05/202331/08/2023FrenchPDF
Abridged model31/12/202126/05/202229/07/2022FrenchPDF
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

Active mandates

FLORIN-MIHAI BUCULEI

Mandate

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other13/10/2020
    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 202541,3 k €↑
  2. 2024
    Annual accounts 202414,4 k €↓
  3. 2023
    Annual accounts 202353,4 k €↑
  4. 2022
    Annual accounts 202248,9 k €↑
  5. 2021
    Annual accounts 202140,2 k €
  6. 09/10/2020
    IncorporationPrivate limited company