ACTIVE

INGHELBRECHT CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

124 €

-95.9% YoY

Gross margin

452,3 k €

-24.3% YoY

Equity

431,8 k €

+0.0% YoY

Workforce

4,2 ETP

-6.7% YoY

What does INGHELBRECHT CONSTRUCT do?

INGHELBRECHT CONSTRUCT is a Private limited company incorporated in 2009. Its main activity is: Joinery installation. Its registered office is in Oudenburg. It employs on average 4,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0819.793.619

Incorporation

09/10/2009

Legal form

Private limited company

Registered office

Verhelststraat 2
8460 Oudenburg · FlandreSee on map

Contributed capital

370 000,00 €

Latest accounts

31/12/2025

Average workforce

4,2 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 41001Construction of buildings 41201Construction of residential and non-residential buildings 43230Electrical, plumbing and other construction installation activities 43291Other construction installation+6

Joint committees (3)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	452,3 k €	-24.3%	597,7 k €	-4.9%	628,2 k €	-8.2%	684,5 k €	+5.1%	651 k €	+11.5%	583,8 k €	-10.9%	655,4 k €	+11.1%	590,1 k €	-7.1%	635,1 k €	+12.0%	567,3 k €	+15.5%	491,1 k €	+14.5%	428,8 k €	-5.0%	451,6 k €	+4.8%	430,9 k €	-14.4%	503,4 k €	-11.7%	570,2 k €
EBITDA	164,9 k €	-39.5%	272,5 k €	+33.1%	204,7 k €	-9.1%	225,3 k €	+31.0%	172 k €	+1.1%	170,2 k €	-33.0%	253,9 k €	-0.2%	254,5 k €	-15.0%	299,5 k €	+11.1%	269,5 k €	-2.0%	275 k €	+6.6%	257,9 k €	-3.5%	267,1 k €	-1.9%	272,4 k €	-10.4%	304,1 k €	+3.5%	293,7 k €
Operating result	82,8 k €	-53.9%	179,5 k €	+60.2%	112 k €	+20.8%	92,8 k €	+29.0%	71,9 k €	+23.1%	58,4 k €	-26.3%	79,3 k €	+12.8%	70,3 k €	-14.5%	82,1 k €	-12.0%	93,4 k €	+21.1%	77,1 k €	-5.6%	81,7 k €	-1.8%	83,2 k €	-8.1%	90,6 k €	-26.8%	123,7 k €	+49.6%	82,7 k €
Net result	124 €	-95.9%	3 k €	-18.9%	3,7 k €	-47.9%	7,1 k €	+611%	1 k €	+1101%	83,5 €	-63.3%	227,5 €	-47.0%	429,2 €	+35.6%	316,5 €	+15.1%	274,9 €	+81.8%	151,2 €	-85.7%	1,1 k €	-50.8%	2,2 k €	-88.8%	19,2 k €	-33.1%	28,8 k €	+57.0%	18,3 k €
Balance sheet
Equity	431,8 k €	+0.0%	431,7 k €	+0.7%	428,6 k €	+0.9%	424,9 k €	+1.3%	419,4 k €	-4.9%	441 k €	+0.0%	440,9 k €	+0.1%	440,7 k €	+0.1%	440,2 k €	+0.1%	439,9 k €	+0.1%	439,7 k €	+0.0%	439,5 k €	+0.2%	438,4 k €	+0.5%	436,3 k €	+4.6%	417,1 k €	+10.9%	375,9 k €
Total assets	2,8 M €	-10.5%	3,1 M €	+6.2%	3 M €	+7.0%	2,8 M €	-0.5%	2,8 M €	-10.7%	3,1 M €	+19.0%	2,6 M €	-9.3%	2,9 M €	+5.0%	2,8 M €	-10.8%	3,1 M €	+3.8%	3 M €	+28.5%	2,3 M €	-1.9%	2,4 M €	-0.1%	2,4 M €	-3.9%	2,5 M €	+8.3%	2,3 M €
Cash	19,4 k €	-35.5%	30,2 k €	-38.8%	49,3 k €	-9.8%	54,6 k €	+119%	24,9 k €	-86.2%	180,8 k €	+593%	26,1 k €	-89.8%	256,6 k €	+23.7%	207,4 k €	-8.5%	226,6 k €	+84.5%	122,8 k €	+347%	27,4 k €	+37.7%	19,9 k €	-73.7%	75,8 k €	-73.5%	285,7 k €	+383%	59,1 k €
Debts	2,4 M €	-11.2%	2,7 M €	+6.9%	2,5 M €	+7.9%	2,3 M €	-1.0%	2,4 M €	-11.8%	2,7 M €	+23.5%	2,2 M €	-11.1%	2,4 M €	+5.9%	2,3 M €	-12.4%	2,6 M €	+4.3%	2,5 M €	+35.5%	1,9 M €	-2.1%	1,9 M €	-0.1%	1,9 M €	-6.7%	2 M €	+9.0%	1,9 M €
Other
Workforce	4,2 ETP	-6.7%	4,5 ETP	-38.4%	7,3 ETP	-11.0%	8,2 ETP	-1.2%	8,3 ETP	+9.2%	7,6 ETP	+13.4%	6,7 ETP	+13.6%	5,9 ETP	+3.5%	5,7 ETP	-1.7%	5,8 ETP	+18.4%	4,9 ETP	+16.7%	4,2 ETP	0.0%	4,2 ETP	-4.5%	4,4 ETP	-22.8%	5,7 ETP	-8.1%	6,2 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 · 2 active · 2 ended

Active mandates

Johan Inghelbrecht

Director

Active

Tamara Vangheluwe

Director

Active

Ended mandates

Johan Inghelbrecht

Manager

Ended

Tamara Vangheluwe

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
JOTAVI● Active	0833.779.039

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	31/08/2026	29/08/2025	30/08/2024	01/09/2023	30/08/2022	26/08/2021
General meeting	31/08/2026	29/08/2025	30/08/2024	30/08/2023	25/08/2022	12/08/2021
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	31/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	29/08/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/08/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/08/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	25/08/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	12/08/2021	26/08/2021	Dutch	PDF
Abridged model	31/12/2019	07/10/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	06/08/2019	20/08/2019	Dutch	PDF
Abridged model	31/12/2017	10/08/2018	20/08/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	11/08/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	19/07/2016	Dutch	PDF
Abridged model	31/12/2014	09/07/2015	23/07/2015	Dutch	PDF
Abridged model	31/12/2013	08/08/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	17/06/2013	Dutch	PDF
Abridged model	31/12/2011	28/08/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	04/08/2011	Dutch	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 · 2 active · 2 ended

Active mandates

Johan Inghelbrecht

Director

Active

Tamara Vangheluwe

Director

Active

Ended mandates

Johan Inghelbrecht

Manager

Ended

Tamara Vangheluwe

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/01/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other27/10/2009
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

2025
Annual accounts 2025124 €↓
2024
Annual accounts 20243 k €↓
2023
Annual accounts 20233,7 k €↓
2022
Annual accounts 20227,1 k €↑
2021
Annual accounts 20211 k €↑
2020
Annual accounts 202083,5 €↓
2019
Annual accounts 2019227,5 €↓
2018
Annual accounts 2018429,2 €↑
2017
Annual accounts 2017316,5 €↑
2016
Annual accounts 2016274,9 €↑
2015
Annual accounts 2015151,2 €↓
2014
Annual accounts 20141,1 k €↓
2013
Annual accounts 20132,2 k €↓
2012
Annual accounts 201219,2 k €↓
2011
Annual accounts 201128,8 k €↑
2010
Annual accounts 201018,3 k €
09/10/2009
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

INGHELBRECHT CONSTRUCT

Overview

What does INGHELBRECHT CONSTRUCT do?

Trend over 16 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