ACTIVE

B-CONSTRUCT

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Financial year 2025 · closed on 31/12/2025
Net result
-88,6 k €
-75.2% YoY
Gross margin
-46,1 k €
-240.8% YoY
Equity
199,2 k €
-30.8% YoY

What does B-CONSTRUCT do?

B-CONSTRUCT is a Private limited company incorporated in 2010. Its main activity is: Electrical installation. Its registered office is in Lokeren.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0822.284.341
Incorporation
15/01/2010
Legal form
Private limited company
Registered office
Keerken 25
9160 Lokeren · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
43212Electrical installation· main43212Electrical installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43240Electrical, plumbing and other construction installation activities43299Other construction installation
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212019201820172016201520142013201220112010
Income statement
Gross margin-46,1 k €-13,5 k €-20,4 k €13,1 k €13,3 k €152,4 k €71,1 k €123,4 k €74,6 k €222,2 k €117,9 k €164,0 k €168,6 k €113,9 k €122,8 k €
EBITDA-49,0 k €-16,6 k €-23,1 k €9,6 k €10,0 k €147,5 k €67,9 k €117,8 k €71,8 k €219,5 k €116,0 k €162,0 k €167,4 k €112,3 k €121,3 k €
Operating result-77,4 k €-49,2 k €-56,8 k €-13,0 k €-23,4 k €115,6 k €27,1 k €77,4 k €39,4 k €190,8 k €83,4 k €134,3 k €141,6 k €89,1 k €106,7 k €
Net result-88,6 k €-50,6 k €-58,8 k €-13,9 k €-24,1 k €81,8 k €20,0 k €61,0 k €25,6 k €101,4 k €51,5 k €94,3 k €98,4 k €58,5 k €69,6 k €
Balance sheet
Equity199,2 k €287,8 k €338,3 k €397,1 k €411,0 k €525,9 k €496,3 k €477,2 k €416,2 k €390,6 k €289,2 k €185,5 k €177,4 k €79,0 k €88,2 k €
Total assets234,8 k €329,2 k €418,1 k €480,1 k €422,5 k €598,0 k €577,0 k €642,3 k €561,3 k €616,3 k €507,8 k €532,2 k €322,3 k €191,4 k €166,8 k €
Cash17,2 k €41,0 k €67,8 k €69,4 k €80,0 k €228,2 k €277,4 k €295,5 k €294,7 k €332,7 k €193,7 k €229,2 k €205,6 k €132,3 k €118,3 k €
Debts35,6 k €41,4 k €79,8 k €77,0 k €9,7 k €70,8 k €79,6 k €163,9 k €143,8 k €224,7 k €217,6 k €288,5 k €143,5 k €110,1 k €77,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Bruno Raes

Director · since 13 janvier 2010

Active

Ended mandates

BRUNO RAES

Director · since 31 janvier 2010

Ended
Bruno Raes

Director

Ended
Bruno Raes

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date29/07/202624/07/202526/07/202414/07/202315/07/202223/07/2021
General meeting30/06/202630/06/202528/06/202430/06/202330/06/202230/06/2021
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
Micro model31/12/202530/06/202629/07/2026DutchPDF
Micro model31/12/202430/06/202524/07/2025DutchPDF
Micro model31/12/202328/06/202426/07/2024DutchPDF
Micro model31/12/202230/06/202314/07/2023DutchPDF
Micro model31/12/202130/06/202215/07/2022DutchPDF
Micro model31/12/202030/06/202123/07/2021DutchPDF
Micro model31/12/201930/06/202010/07/2020DutchPDF
Micro model31/12/201830/06/201919/07/2019DutchPDF
Micro model31/12/201730/06/201820/07/2018DutchPDF
Micro model31/12/201630/06/201720/07/2017DutchPDF
Abridged model31/12/201530/06/201620/07/2016DutchPDF
Abridged model31/12/201430/06/201523/07/2015DutchPDF
Abridged model31/12/201330/06/201418/07/2014DutchPDF
Abridged model31/12/201230/06/201305/07/2013DutchPDF
Abridged model31/12/201130/06/201219/07/2012DutchPDF
Abridged model31/12/201030/06/201128/07/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 ended

Active mandates

Bruno Raes

Director · since 13 janvier 2010

Active

Ended mandates

BRUNO RAES

Director · since 31 janvier 2010

Ended
Bruno Raes

Director

Ended
Bruno Raes

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other24/09/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other27/05/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Registered office20/01/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/12/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares06/02/2014
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares19/05/2010
    KAPITAAL - AANDELEN - DIVERSEN
    PDF
  • Other19/01/2010
    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 2025-88,6 k €↓
  2. 2024
    Annual accounts 2024-50,6 k €↑
  3. 2023
    Annual accounts 2023-58,8 k €↓
  4. 2022
    Annual accounts 2022-13,9 k €↑
  5. 2021
    Annual accounts 2021-24,1 k €↓
  6. 2019
    Annual accounts 201981,8 k €↑
  7. 2018
    Annual accounts 201820,0 k €↓
  8. 2017
    Annual accounts 201761,0 k €↑
  9. 2016
    Annual accounts 201625,6 k €↓
  10. 2015
    Annual accounts 2015101,4 k €↑
  11. 2014
    Annual accounts 201451,5 k €↓
  12. 2013
    Annual accounts 201394,3 k €↓
  13. 2012
    Annual accounts 201298,4 k €↑
  14. 2011
    Annual accounts 201158,5 k €↓
  15. 2010
    Annual accounts 201069,6 k €
  16. 15/01/2010
    IncorporationPrivate limited company