ACTIVE

SPITS Construction

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Financial year 2025 · closed on 31/12/2025

Net result

174,4 k €

+800.2% YoY

Gross margin

1,3 M €

+31.1% YoY

Equity

899,7 k €

+22.6% YoY

Workforce

11,5 ETP

What does SPITS Construction do?

SPITS Construction is a Private limited company incorporated in 2009. Its main activity is: Construction of buildings. Its registered office is in Dalhem. It employs on average 11,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0809.156.974

Incorporation

16/01/2009

Legal form

Private limited company

Registered office

Fêchereux(NEU) 19C
4608 Dalhem · WallonieSee on map

Contributed capital

368 060,00 €

Latest accounts

31/12/2025

Average workforce

11,5 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings

Joint committees (4)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	1,3 M €	+31.1%	1 M €	+68.7%	609 k €	-14.1%	708,7 k €	-4.2%	740 k €	-20.8%	934,6 k €	+24.8%	749,1 k €	+84.1%	406,9 k €	-14.8%	477,6 k €	-6.4%	510,3 k €	-26.7%	695,6 k €	-2.3%	712 k €	+3.5%	687,7 k €	+31.1%	524,5 k €	-40.7%	884,4 k €
EBITDA	709,8 k €	+67.6%	423,4 k €	+169%	157,1 k €	-4.0%	163,7 k €	-12.0%	185,9 k €	-55.1%	414,5 k €	+38.3%	299,8 k €	+46.9%	204,1 k €	+10.5%	184,6 k €	-8.1%	200,9 k €	+9.1%	184,2 k €	-13.6%	213,2 k €	+41.9%	150,3 k €	-3.6%	156 k €	-44.5%	281 k €
Operating result	229,5 k €	+624%	31,7 k €	+99.0%	15,9 k €	-22.4%	20,5 k €	-29.6%	29,2 k €	-79.9%	145,2 k €	+127%	64,1 k €	+210%	20,7 k €	-10.7%	23,2 k €	-37.5%	37,1 k €	-43.6%	65,8 k €	+59.7%	41,2 k €	-13.1%	47,4 k €	+131%	20,5 k €	-50.4%	41,4 k €
Net result	174,4 k €	+800%	19,4 k €	+91.6%	10,1 k €	-11.8%	11,5 k €	-34.7%	17,5 k €	-86.9%	133,6 k €	+153%	52,9 k €	+729%	6,4 k €	-20.0%	8 k €	-64.4%	22,4 k €	-56.3%	51,4 k €	+59.8%	32,2 k €	+5.6%	30,5 k €	+624%	4,2 k €	+201%	1,4 k €
Balance sheet
Equity	899,7 k €	+22.6%	733,8 k €	-3.4%	759,5 k €	+1.3%	749,4 k €	+1.6%	737,9 k €	+8.9%	677,4 k €	+24.6%	543,9 k €	+10.8%	491 k €	+1.3%	484,6 k €	+1.7%	476,6 k €	+4.9%	454,2 k €	+12.8%	402,8 k €	-7.3%	434,4 k €	+7.5%	403,9 k €	+1.1%	399,7 k €
Total assets	1,6 M €	+34.3%	1,2 M €	-3.5%	1,2 M €	-7.4%	1,3 M €	-3.0%	1,4 M €	-14.1%	1,6 M €	-6.4%	1,7 M €	+41.6%	1,2 M €	+23.5%	987,8 k €	-14.5%	1,2 M €	+25.8%	917,7 k €	-19.9%	1,1 M €	+30.3%	879,8 k €	-9.4%	970,7 k €	-30.1%	1,4 M €
Cash	594,7 k €	+175%	215,9 k €	-12.5%	246,9 k €	+61.2%	153,2 k €	-44.7%	277 k €	+500%	46,2 k €	-90.6%	491,6 k €	+176%	178,2 k €	+107%	86,1 k €	+26.9%	67,8 k €	-55.7%	153,1 k €	+130%	66,5 k €	-29.5%	94,4 k €	+52.0%	62,1 k €	-65.9%	181,9 k €
Debts	716,8 k €	+52.6%	469,6 k €	-3.7%	487,8 k €	-18.3%	597,3 k €	-8.1%	650,2 k €	-30.7%	938,5 k €	-20.7%	1,2 M €	+62.4%	728,5 k €	+44.8%	503,2 k €	-25.8%	677,9 k €	+46.3%	463,5 k €	-37.6%	743,2 k €	+66.8%	445,4 k €	-21.4%	566,8 k €	-42.7%	988,8 k €
Other
Workforce	11,5 ETP		–		–		–		–		14,3 ETP	+13.5%	12,6 ETP	+11.5%	11,3 ETP	-11.7%	12,8 ETP	+5.8%	12,1 ETP	-11.7%	13,7 ETP	-4.2%	14,3 ETP	+2.1%	14,0 ETP	+30.8%	10,7 ETP	+11.5%	9,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Eugène SPITS

Director · since 01 octobre 2020

Active

Eric SPITS

Director · since 13 janvier 2009

Active

Ended mandates

Eric Hubert Spits

Director · since 13 janvier 2009

Ended

Eric SPITS

Manager · since 13 janvier 2009

Ended

ERIC SPITS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
MOSAE IMMO● Active	1041.759.313

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	26/05/2026	20/05/2025	28/05/2024	08/08/2023	05/09/2022	30/08/2021
General meeting	12/05/2026	14/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/05/2026	26/05/2026	French	PDF
Abridged model	31/12/2024	14/05/2025	20/05/2025	French	PDF
Abridged model	31/12/2023	14/05/2024	28/05/2024	French	PDF
Abridged model	31/12/2022	09/05/2023	08/08/2023	French	PDF
Abridged model	31/12/2021	10/05/2022	05/09/2022	French	PDF
Abridged model	31/12/2020	11/05/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	12/05/2020	29/07/2020	French	PDF
Abridged model	31/12/2018	14/05/2019	22/08/2019	French	PDF
Abridged model	31/12/2017	08/05/2018	04/06/2018	French	PDF
Abridged model	31/12/2016	09/05/2017	15/05/2017	French	PDF
Abridged model	31/12/2015	10/05/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	12/05/2015	10/06/2015	French	PDF
Abridged model	31/12/2013	22/09/2014	29/09/2014	French	PDF
Abridged model	31/12/2012	14/05/2013	22/08/2013	French	PDF
Abridged model	31/12/2011	08/05/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	31/10/2011	31/10/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 active · 3 ended

Active mandates

Eugène SPITS

Director · since 01 octobre 2020

Active

Eric SPITS

Director · since 13 janvier 2009

Active

Ended mandates

Eric Hubert Spits

Director · since 13 janvier 2009

Ended

Eric SPITS

Manager · since 13 janvier 2009

Ended

ERIC SPITS

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/06/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates24/10/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares10/01/2013
CAPITAL, ACTIONS
PDF
Other27/01/2009
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 2025174,4 k €↑
2024
Annual accounts 202419,4 k €↑
2023
Annual accounts 202310,1 k €↓
2022
Annual accounts 202211,5 k €↓
2021
Annual accounts 202117,5 k €↓
2019
Annual accounts 2019133,6 k €↑
2018
Annual accounts 201852,9 k €↑
2017
Annual accounts 20176,4 k €↓
2016
Annual accounts 20168 k €↓
2015
Annual accounts 201522,4 k €↓
2014
Annual accounts 201451,4 k €↑
2013
Annual accounts 201332,2 k €↑
2012
Annual accounts 201230,5 k €↑
2011
Annual accounts 20114,2 k €↑
2010
Annual accounts 20101,4 k €
16/01/2009
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

SPITS Construction

Overview

What does SPITS Construction do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

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