ACTIVE

Construbel

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Financial year 2025 · closed on 31/12/2025

Net result

9,5 k €

-34.1% YoY

Gross margin

1,2 M €

+44.0% YoY

Equity

854 k €

-8.7% YoY

Workforce

18,0 ETP

0.0% YoY

What does Construbel do?

Construbel is a Private limited company incorporated in 2008. Its main activity is: Construction of buildings. Its registered office is in Nivelles. It employs on average 18,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.238.741

Incorporation

08/12/2008

Legal form

Private limited company

Registered office

Avenue Thomas Edison 112
1402 Nivelles · WallonieSee on map

Contributed capital

33 000,00 €

Latest accounts

31/12/2025

Average workforce

18,0 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43320Joinery installation 43320Joinery installation 43211Electrical installation 43211Electrical installation+2

Contacts

4 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ 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	1,2 M €	+44.0%	828,8 k €	-13.9%	962,8 k €	+4.5%	921,5 k €	-11.1%	1 M €	+13.5%	913,3 k €	+10.7%	824,7 k €	+7.7%	765,9 k €	+91.1%	400,7 k €	+0.6%	398,3 k €	+0.1%	398,1 k €	+20.3%	331 k €	+70.9%	193,7 k €	-70.7%	660,1 k €	-8.5%	721,7 k €	+968%	67,6 k €	+62.0%	41,7 k €
EBITDA	150,6 k €	+219%	47,2 k €	-80.1%	236,5 k €	+35.7%	174,3 k €	-0.5%	175,2 k €	+14.9%	152,5 k €	-0.5%	153,3 k €	-45.1%	279,1 k €	+1070%	23,9 k €	-76.4%	101 k €	-28.9%	142 k €	+129%	62,1 k €	+144%	-142,4 k €	-183%	170,8 k €	-73.0%	632,8 k €	+844%	67 k €	+62.4%	41,3 k €
Operating result	51,5 k €	-18.2%	62,9 k €	-67.7%	194,6 k €	+11.8%	174,1 k €	+3.1%	168,8 k €	+18.5%	142,4 k €	+2.9%	138,4 k €	-48.1%	266,8 k €	+4195%	6,2 k €	-92.2%	79,4 k €	-38.0%	128,2 k €	+242%	37,5 k €	+122%	-169 k €	-216%	145 k €	-76.8%	624,7 k €	+828%	67,3 k €	+104%	33 k €
Net result	9,5 k €	-34.1%	14,4 k €	-87.9%	119,4 k €	+7.7%	110,9 k €	-9.5%	122,5 k €	+17.1%	104,6 k €	+9.5%	95,5 k €	-46.9%	179,7 k €	+4763%	3,7 k €	-94.7%	69,6 k €	+83.1%	38 k €	+129%	16,6 k €	+111%	-153,2 k €	-254%	99,5 k €	-75.3%	403,4 k €	+842%	42,8 k €	+99.1%	21,5 k €
Balance sheet
Equity	854 k €	-8.7%	935,4 k €	-14.8%	1,1 M €	+12.2%	978,6 k €	+6.8%	916,4 k €	+15.4%	793,9 k €	+8.9%	729,3 k €	+15.1%	633,9 k €	+39.6%	454,1 k €	+0.8%	450,4 k €	+6.3%	423,7 k €	+9.9%	385,6 k €	+4.5%	369 k €	-29.3%	522,3 k €	+23.5%	422,7 k €	+433%	79,4 k €	+117%	36,5 k €
Total assets	3,3 M €	+44.5%	2,3 M €	+13.3%	2 M €	+9.6%	1,8 M €	+24.3%	1,5 M €	+18.5%	1,2 M €	+1.4%	1,2 M €	+14.2%	1,1 M €	+46.4%	734,7 k €	+5.0%	700 k €	+13.5%	616,8 k €	+5.7%	583,3 k €	-4.2%	609,1 k €	-37.3%	970,9 k €	+13.7%	854,2 k €	+370%	181,8 k €	+60.2%	113,5 k €
Cash	321,6 k €	+229%	97,9 k €	-81.1%	518,7 k €	+153%	205,2 k €	+59.8%	128,5 k €	-32.5%	190,4 k €	-37.4%	304,2 k €	+1662%	17,3 k €	+8.2%	16 k €	-85.4%	109,4 k €	-33.9%	165,5 k €	+1336%	11,5 k €	-88.9%	103,5 k €	-14.0%	120,4 k €	-79.3%	582,2 k €	+620%	80,9 k €	+226%	24,8 k €
Debts	2,4 M €	+81.6%	1,3 M €	+47.1%	913,1 k €	+6.6%	856,9 k €	+52.9%	560,5 k €	+23.9%	452,3 k €	-9.4%	499,1 k €	+13.1%	441,5 k €	+57.3%	280,6 k €	+12.5%	249,5 k €	+29.3%	193 k €	-2.4%	197,7 k €	-17.6%	240 k €	-46.5%	448,6 k €	+4.0%	431,5 k €	+321%	102,5 k €	+33.4%	76,8 k €
Other
Workforce	18,0 ETP	0.0%	18,0 ETP	-6.7%	19,3 ETP	+3.2%	18,7 ETP	-9.2%	20,6 ETP	+8.4%	19,0 ETP	+20.3%	15,8 ETP	+43.6%	11,0 ETP	+6.8%	10,3 ETP	+21.2%	8,5 ETP	+19.7%	7,1 ETP	-17.4%	8,6 ETP	+45.8%	5,9 ETP	-37.9%	9,5 ETP	+428%	1,8 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 · 1 ended

Active mandates

GAEL CASTERMAN

Managing director

Active

Ended mandates

Gaël CASTERMAN

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/08/2026	06/07/2025	09/09/2024	31/10/2023	06/09/2022	16/06/2021
General meeting	30/06/2026	27/06/2025	30/06/2024	30/06/2023	30/06/2022	14/06/2021
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	23/08/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	06/07/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	09/09/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	31/10/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	06/09/2022	French	PDF
Abridged model	31/12/2020	14/06/2021	16/06/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	10/08/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	22/07/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	30/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	02/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	02/06/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	17/07/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	10/09/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	25/07/2011	French	PDF
Abridged model	31/12/2009	17/06/2010	21/06/2010	French	PDF

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 · 1 ended

Active mandates

GAEL CASTERMAN

Managing director

Active

Ended mandates

Gaël CASTERMAN

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office18/09/2025
SIEGE SOCIAL
PDF
Mandates23/03/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Registered office23/06/2016
SIEGE SOCIAL
PDF
Other13/07/2015
Modification de l'objet social - Modification aux statuts
PDF
Registered office21/09/2012
SIEGE SOCIAL
PDF
Other10/12/2008
Constitution
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 20259,5 k €↓
2024
Annual accounts 202414,4 k €↓
2023
Annual accounts 2023119,4 k €↑
2022
Annual accounts 2022110,9 k €↓
2021
Annual accounts 2021122,5 k €↑
2021
Name changeCONSTRUBEL
2020
Annual accounts 2020104,6 k €↑
2019
Annual accounts 201995,5 k €↓
2018
Annual accounts 2018179,7 k €↑
2017
Annual accounts 20173,7 k €↓
2016
Annual accounts 201669,6 k €↑
2015
Annual accounts 201538 k €↑
2014
Annual accounts 201416,6 k €↑
2013
Annual accounts 2013-153,2 k €↓
2012
Annual accounts 201299,5 k €↓
2011
Annual accounts 2011403,4 k €↑
2010
Annual accounts 201042,8 k €↑
2009
Annual accounts 200921,5 k €
2009
Name changeSolabel
08/12/2008
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

Construbel

Overview

What does Construbel 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