ACTIVE

AH CONSTRUCT

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

137,8 k €

-14.8% YoY

Gross margin

205,8 k €

-7.8% YoY

Equity

69,4 k €

+4.3% YoY

What does AH CONSTRUCT do?

AH CONSTRUCT is a Private limited company incorporated in 2008. Its main activity is: Construction of buildings. Its registered office is in Mouscron.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0806.703.072

Incorporation

30/09/2008

Legal form

Private limited company

Registered office

Clos des Bourleux(D) 4
7711 Mouscron · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy

Contacts

1 public detail availableLog in to view

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	205,8 k €	-7.8%	223,2 k €	+77.8%	125,6 k €	-51.9%	261,3 k €	+3.3%	252,9 k €	+1635%	14,6 k €	-23.3%	19,0 k €	+26.9%	15,0 k €	+81.5%	8,2 k €	+16.2%	7,1 k €	-1.4%	7,2 k €	-2.6%	7,4 k €	+15.1%	6,4 k €	-49.9%	12,8 k €	-29.8%	18,3 k €	+10.6%	16,5 k €	+199%	5,5 k €
EBITDA	205,0 k €	-5.6%	217,3 k €	+73.4%	125,3 k €	-51.1%	256,2 k €	+1.6%	252,1 k €	+1675%	14,2 k €	-23.9%	18,7 k €	+28.9%	14,5 k €	+86.1%	7,8 k €	+18.0%	6,6 k €	-1.5%	6,7 k €	-1.1%	6,8 k €	+50.4%	4,5 k €	-59.0%	11,0 k €	-36.5%	17,3 k €	+18.1%	14,6 k €	+165%	5,5 k €
Operating result	199,8 k €	-6.7%	214,1 k €	+76.0%	121,6 k €	-51.9%	252,7 k €	+1.3%	249,5 k €	+2005%	11,9 k €	-16.0%	14,1 k €	+14.9%	12,3 k €	+125%	5,5 k €	-9.1%	6,0 k €	+108%	2,9 k €	+17.4%	2,5 k €	+1680%	138,0 €	-96.0%	3,4 k €	-64.9%	9,7 k €	+30.2%	7,5 k €	+38.5%	5,4 k €
Net result	137,8 k €	-14.8%	161,8 k €	+70.5%	94,9 k €	-49.3%	187,1 k €	-2.3%	191,5 k €	+1909%	9,5 k €	-12.9%	10,9 k €	+16.8%	9,4 k €	+133%	4,0 k €	+16.6%	3,5 k €	+21.3%	2,8 k €	+729%	343,0 €	+171%	-485,0 €	-146%	1,0 k €	-84.3%	6,7 k €	+90.4%	3,5 k €	-25.1%	4,7 k €
Balance sheet
Equity	69,4 k €	+4.3%	66,6 k €	+2.7%	64,8 k €	+1.3%	64,0 k €	+5.1%	60,9 k €	+0.9%	60,3 k €	+2.6%	58,8 k €	+22.9%	47,9 k €	+24.3%	38,5 k €	+11.7%	34,5 k €	+59.4%	21,6 k €	+15.2%	18,8 k €	+1.9%	18,4 k €	-2.6%	18,9 k €	+5.9%	17,9 k €	+24.2%	14,4 k €	+82.6%	7,9 k €
Total assets	382,3 k €	-27.6%	528,3 k €	+158%	204,9 k €	-39.0%	335,9 k €	-10.4%	374,9 k €	+324%	88,3 k €	-9.5%	97,6 k €	+59.2%	61,3 k €	+20.6%	50,9 k €	-19.1%	62,9 k €	+23.9%	50,8 k €	+6.5%	47,7 k €	-43.8%	84,8 k €	+56.0%	54,4 k €	-14.4%	63,5 k €	-7.6%	68,7 k €	+413%	13,4 k €
Cash	149,5 k €	+23.1%	121,5 k €	+1242%	9,1 k €	-79.8%	44,9 k €	+6.9%	42,0 k €	+42.3%	29,5 k €	+488%	5,0 k €	-71.6%	17,7 k €	+299%	4,4 k €	-72.9%	16,3 k €	-0.4%	16,4 k €	+25.0%	13,1 k €	+5.1%	12,5 k €	-31.9%	18,3 k €	-35.1%	28,2 k €	-20.8%	35,7 k €	+486%	6,1 k €
Debts	312,8 k €	-32.2%	461,7 k €	+230%	140,1 k €	-48.5%	271,9 k €	-13.4%	314,0 k €	+1022%	28,0 k €	-27.9%	38,8 k €	+188%	13,5 k €	+8.8%	12,4 k €	-56.5%	28,4 k €	-2.5%	29,2 k €	+0.8%	28,9 k €	-56.5%	66,4 k €	+87.2%	35,5 k €	-22.3%	45,6 k €	-16.0%	54,3 k €	+887%	5,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active

Active mandates

Alexandre HOSPIED

Manager

Active

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/03/2026	21/03/2025	18/03/2024	22/03/2023	21/03/2022	25/03/2021
General meeting	20/03/2026	21/03/2025	15/03/2024	17/03/2023	18/03/2022	19/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	20/03/2026	26/03/2026	French	PDF
Micro model	30/09/2024	21/03/2025	21/03/2025	French	PDF
Micro model	30/09/2023	15/03/2024	18/03/2024	French	PDF
Micro model	30/09/2022	17/03/2023	22/03/2023	French	PDF
Abridged model	30/09/2021	18/03/2022	21/03/2022	French	PDF
Abridged model	30/09/2020	19/03/2021	25/03/2021	French	PDF
Abridged model	30/09/2019	20/03/2020	19/05/2020	French	PDF
Abridged model	30/09/2018	15/03/2019	11/05/2019	French	PDF
Abridged model	30/09/2017	16/03/2018	15/05/2018	French	PDF
Abridged model	30/09/2016	17/03/2017	24/04/2017	French	PDF
Abridged model	30/09/2015	18/03/2016	30/03/2016	French	PDF
Abridged model	30/09/2014	20/03/2015	24/03/2015	French	PDF
Abridged model	30/09/2013	21/03/2014	27/03/2014	French	PDF
Abridged model	30/09/2012	15/03/2013	19/03/2013	French	PDF
Abridged model	30/09/2011	15/03/2012	02/04/2012	French	PDF
Abridged model	30/09/2010	18/03/2011	29/03/2011	French	PDF
Abridged model	30/09/2009	19/03/2010	25/03/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active

Active mandates

Alexandre HOSPIED

Manager

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/07/2020
MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other02/10/2008
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

2025
Annual accounts 2025137,8 k €↓
2024
Annual accounts 2024161,8 k €↑
2023
Annual accounts 202394,9 k €↓
2022
Annual accounts 2022187,1 k €↓
2021
Annual accounts 2021191,5 k €↑
2020
Annual accounts 20209,5 k €↓
2019
Annual accounts 201910,9 k €↑
2018
Annual accounts 20189,4 k €↑
2017
Annual accounts 20174,0 k €↑
2016
Annual accounts 20163,5 k €↑
2015
Annual accounts 20152,8 k €↑
2014
Annual accounts 2014343,0 €↑
2013
Annual accounts 2013-485,0 €↓
2012
Annual accounts 20121,0 k €↓
2011
Annual accounts 20116,7 k €↑
2010
Annual accounts 20103,5 k €↓
2009
Annual accounts 20094,7 k €
30/09/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AH CONSTRUCT

Overview

What does AH CONSTRUCT do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline