ACTIVE

BUILDING ASSOCIATION

Financial year 2025 · closed on 31/12/2025
Net result
-2,1 k €
+62.6% YoY
Gross margin
2,4 k €
+162.6% YoY
Equity
-70,2 k €
-3.0% YoY
Workforce
0,0 ETP

What does BUILDING ASSOCIATION do?

BUILDING ASSOCIATION is a Private company with limited liability incorporated in 2009. Its registered office is in Zedelgem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0818.582.010
Incorporation
15/09/2009
Legal form
Private company with limited liability
Registered office
Heidelbergstraat 26A
8210 Zedelgem · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212019201820172016201520142013201220112010
Income statement
Gross margin2,4 k €-3,9 k €-2,5 k €-166,1 €-29,8 k €-211,2 k €-14,6 k €251,9 k €2 M €-6,2 k €-6,2 k €1,1 k €55,2 k €49,7 k €-42 k €
EBITDA-850,1 €-4,1 k €-7,7 k €-408,1 €-33,8 k €-211,7 k €-14,9 k €249,8 k €2 M €-7,8 k €-7,3 k €-916,7 €53,5 k €49 k €-49 k €
Operating result-850,1 €-4,1 k €-7,7 k €-408,1 €-33,8 k €-211,7 k €-14,9 k €249,8 k €2 M €-7,8 k €-7,3 k €-916,7 €53,5 k €49 k €-49,9 k €
Net result-2,1 k €-5,5 k €-9,7 k €-2 k €-35,5 k €-213,2 k €-18,8 k €246,5 k €2 M €-18,8 k €-33,4 k €-29,4 k €53,3 k €15,6 k €-78,1 k €
Balance sheet
Equity-70,2 k €-68,1 k €-62,6 k €-52,8 k €-50,9 k €-209,4 k €3,8 k €22,6 k €22,1 k €-70,8 k €-52 k €-18,6 k €10,8 k €-42,5 k €-58,1 k €
Total assets25,6 k €30,5 k €116,5 k €123,6 k €128,2 k €850,4 k €1,1 M €1,9 M €2,8 M €3,9 M €2 M €959,5 k €992,8 k €624,2 k €2,4 M €
Cash25,6 k €29 k €33,9 k €41,3 k €46,3 k €44,2 k €155,2 k €228,8 k €691 k €901,6 k €476,2 k €341,7 k €61,4 k €330,1 k €556,1 k €
Debts95,8 k €98,6 k €179 k €176,5 k €179 k €1,1 M €1,1 M €1,8 M €2,8 M €4 M €2,1 M €978,1 k €982 k €666,7 k €2,5 M €
Other
Workforce0,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

BILLY

Director · 0533.909.081

Represented by Stefaan Vandaele

Active
SAINT LUCIA

Director · 0533.910.368

Represented by Olivier Cappelle

Active

Ended mandates

BILLY

Manager · since 04 mai 2018 · 0533.909.081

Represented by Stefaan Vandaele

Ended
SAINT LUCIA

Director · since 04 juin 2016 · 0533.910.368

Represented by Cappelle OLIVIER

Ended
SAINT LUCIA

Director · since 04 juin 2016 · 0533.910.368

Represented by Cappelle OLIVIER

Ended
SAINT LUCIA

Manager · since 04 juin 2016 · 0533.910.368

Represented by Olivier Cappelle

Ended
At this address

Other companies at this address

CompanyCBE no.
ElmoActive
0737.802.586
0866.964.818
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202616/07/202531/07/202414/07/202315/07/202212/07/2021
General meeting14/08/202610/05/202511/05/202413/05/202314/05/202208/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202514/08/202629/08/2026DutchPDF
Abridged model31/12/202410/05/202516/07/2025DutchPDF
Abridged model31/12/202311/05/202431/07/2024DutchPDF
Abridged model31/12/202213/05/202314/07/2023DutchPDF
Abridged model31/12/202114/05/202215/07/2022DutchPDF
Abridged model31/12/202008/05/202112/07/2021DutchPDF
Abridged model31/12/201909/05/202017/07/2020DutchPDF
Abridged model31/12/201811/05/201908/10/2019DutchPDF
Abridged model31/12/201712/05/201804/07/2018DutchPDF
Abridged model31/12/201627/05/201726/06/2017DutchPDF
Abridged model31/12/201514/05/201629/08/2016DutchPDF
Abridged model31/12/201409/05/201524/07/2015DutchPDF
Abridged model31/12/201310/05/201426/08/2014DutchPDF
Abridged model31/12/201211/05/201314/11/2013DutchPDF
Abridged model31/12/201130/06/201217/04/2013DutchPDF
Abridged model31/12/201030/06/201128/11/2011DutchPDF
Estimate

Indicative valuation

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 · 19 ended

Active mandates

BILLY

Director · 0533.909.081

Represented by Stefaan Vandaele

Active
SAINT LUCIA

Director · 0533.910.368

Represented by Olivier Cappelle

Active

Ended mandates

BILLY

Manager · since 04 mai 2018 · 0533.909.081

Represented by Stefaan Vandaele

Ended
SAINT LUCIA

Director · since 04 juin 2016 · 0533.910.368

Represented by Cappelle OLIVIER

Ended
SAINT LUCIA

Director · since 04 juin 2016 · 0533.910.368

Represented by Cappelle OLIVIER

Ended
SAINT LUCIA

Manager · since 04 juin 2016 · 0533.910.368

Represented by Olivier Cappelle

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/07/2012
    DIVERSEN
    PDF
  • Other25/09/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-2,1 k €
  2. 2024
    Annual accounts 2024-5,5 k €
  3. 2023
    Annual accounts 2023-9,7 k €
  4. 2022
    Annual accounts 2022-2 k €
  5. 2021
    Annual accounts 2021-35,5 k €
  6. 2019
    Annual accounts 2019-213,2 k €
  7. 2018
    Annual accounts 2018-18,8 k €
  8. 2017
    Annual accounts 2017246,5 k €
  9. 2016
    Annual accounts 20162 M €
  10. 2015
    Annual accounts 2015-18,8 k €
  11. 2014
    Annual accounts 2014-33,4 k €
  12. 2013
    Annual accounts 2013-29,4 k €
  13. 2012
    Annual accounts 201253,3 k €
  14. 2011
    Annual accounts 201115,6 k €
  15. 2010
    Annual accounts 2010-78,1 k €
  16. 15/09/2009
    IncorporationPrivate company with limited liability