ACTIVE

CLASS

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Financial year 2025 · closed on 30/09/2025

Net result

123,5 k €

+1181.3% YoY

Revenue

582,4 k €

+182.1% YoY

Equity

297,2 k €

+71.1% YoY

Workforce

1,0 ETP

0.0% YoY

What does CLASS do?

CLASS is a Private limited company incorporated in 2010. Its main activity is: Construction of buildings. Its registered office is in Bruxelles. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0831.288.218

Incorporation

23/11/2010

Legal form

Private limited company

Registered office

Rue Léopold I 128
1020 Bruxelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Average workforce

1,0 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43350Building completion and finishing 43390Other building completion and finishing 81220Other building and industrial cleaning activities 81220Other building and industrial cleaning activities

Signals

ProfitablePositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Revenue	582,4 k €	+182%	206,4 k €	+78.4%	115,7 k €	-32.7%	172,1 k €	+46.9%	117,1 k €	-38.4%	190,2 k €	+71.5%	110,9 k €	-19.4%	137,6 k €	-14.3%	160,6 k €	-20.3%	201,5 k €	-6.6%	215,8 k €	-49.4%	426,8 k €	+33.5%	319,6 k €	+139%	133,7 k €
EBITDA	228,2 k €	+119%	104,2 k €	+18.6%	87,9 k €	+4.5%	84,1 k €	+20.6%	69,7 k €	-16.3%	83,3 k €	+9.7%	76 k €	-19.2%	94,1 k €	-9.0%	103,3 k €	+23.8%	83,5 k €	+18.5%	70,4 k €	+61.5%	43,6 k €	+127%	19,2 k €	+154%	7,6 k €
Operating result	197,8 k €	+168%	73,9 k €	+28.7%	57,4 k €	+14.9%	50 k €	+40.3%	35,6 k €	-27.6%	49,2 k €	+38.8%	35,4 k €	-33.3%	53,1 k €	-18.2%	65 k €	+44.5%	44,9 k €	-1.3%	45,5 k €	+55.4%	29,3 k €	+109%	14 k €	+93.5%	7,2 k €
Net result	123,5 k €	+1181%	9,6 k €	+29.1%	7,5 k €	+9.0%	6,9 k €	-42.3%	11,9 k €	-32.1%	17,5 k €	+338%	4 k €	-77.6%	17,9 k €	-41.0%	30,3 k €	+186%	10,6 k €	-25.8%	14,3 k €	-32.9%	21,3 k €	+154%	8,4 k €	+104%	4,1 k €
Balance sheet
Equity	297,2 k €	+71.1%	173,7 k €	+5.9%	164 k €	+4.8%	156,6 k €	+4.6%	149,7 k €	+8.6%	137,9 k €	+14.5%	120,4 k €	+3.4%	116,4 k €	+12.4%	103,5 k €	+32.3%	78,3 k €	+38.1%	56,6 k €	+33.7%	42,4 k €	+36.3%	31,1 k €	+36.9%	22,7 k €
Total assets	1,4 M €	+26.5%	1,1 M €	+14.1%	956,3 k €	-0.1%	957,2 k €	+3.0%	929,6 k €	-10.9%	1 M €	+9.1%	957,1 k €	-3.7%	994,2 k €	-2.9%	1 M €	-1.7%	1 M €	+41.3%	737,4 k €	+66.3%	443,4 k €	+207%	144,5 k €	+187%	50,4 k €
Cash	359,2 k €	+6862%	5,2 k €	-68.4%	16,3 k €	+626%	2,2 k €	-65.8%	6,6 k €	-88.4%	56,7 k €	+475%	9,9 k €	+78.5%	5,5 k €	-71.1%	19,1 k €	+151%	7,6 k €	-47.4%	14,5 k €	-6.3%	15,5 k €	+51.2%	10,2 k €	-58.7%	24,8 k €
Debts	1,1 M €	+18.0%	917,4 k €	+15.8%	792,2 k €	-1.1%	800,7 k €	+2.7%	779,8 k €	-13.9%	905,9 k €	+8.3%	836,7 k €	-4.7%	877,8 k €	-4.6%	920,4 k €	-4.5%	963,8 k €	+41.6%	680,8 k €	+69.7%	401,1 k €	+254%	113,4 k €	+310%	27,6 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active

Active mandates

GHEORGHE URSACHI

Mandate

Active

ILIE CHIRILA

Mandate

Active

At this address

Other companies at this address

Company	CBE no.
I.G. CONSTRUCT● Active	0889.517.615
SERANAT● Liquidation	0458.175.936
SOCARNES● Active	0434.896.530
ZO HAIR● Active	1022.501.942

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	29/04/2025	30/04/2024	15/05/2023	02/05/2022	29/04/2021
General meeting	04/03/2026	05/03/2025	06/03/2024	01/03/2023	02/03/2022	03/03/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	04/03/2026	30/04/2026	French	PDF
Abridged model	30/09/2024	05/03/2025	29/04/2025	French	PDF
Micro model	30/09/2023	06/03/2024	30/04/2024	French	PDF
Micro model	30/09/2022	01/03/2023	15/05/2023	French	PDF
Micro model	30/09/2021	02/03/2022	02/05/2022	French	PDF
Micro model	30/09/2020	03/03/2021	29/04/2021	French	PDF
Micro model	30/09/2019	04/03/2020	30/04/2020	French	PDF
Micro model	30/09/2018	06/03/2019	30/04/2019	French	PDF
Micro model	30/09/2017	07/03/2018	02/05/2018	French	PDF
Abridged model	30/09/2016	01/03/2017	02/05/2017	French	PDF
Abridged model	30/09/2015	02/03/2016	31/03/2016	French	PDF
Abridged model	30/09/2014	04/03/2015	31/03/2015	French	PDF
Abridged model	30/09/2013	05/03/2014	08/04/2014	French	PDF
Abridged model	30/09/2012	06/03/2013	21/03/2013	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/09/2025 · 2 active

Active mandates

GHEORGHE URSACHI

Mandate

Active

ILIE CHIRILA

Mandate

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/01/2024
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates19/04/2022
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office15/05/2019
SIEGE SOCIAL
PDF
Registered office11/05/2018
SIEGE SOCIAL
PDF
Mandates12/08/2013
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/06/2011
CAPITAL, ACTIONS
PDF
Mandates04/01/2011
DEMISSIONS, NOMINATIONS
PDF
Other02/12/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025123,5 k €↑
2024
Annual accounts 20249,6 k €↑
2023
Annual accounts 20237,5 k €↑
2022
Annual accounts 20226,9 k €↓
2021
Annual accounts 202111,9 k €↓
2020
Annual accounts 202017,5 k €↑
2019
Annual accounts 20194 k €↓
2018
Annual accounts 201817,9 k €↓
2017
Annual accounts 201730,3 k €↑
2016
Annual accounts 201610,6 k €↓
2015
Annual accounts 201514,3 k €↓
2014
Annual accounts 201421,3 k €↑
2013
Annual accounts 20138,4 k €↑
2012
Annual accounts 20124,1 k €
23/11/2010
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

CLASS

Overview

What does CLASS do?

Trend over 14 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