ACTIVE

LICENSE TO CONSTRUCT

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Financial year 2024 · closed on 31/12/2024
Net result
1,8 M €
+321.7% YoY
Revenue
3,1 M €
+79.9% YoY
Equity
25,6 M €
+3.5% YoY
Workforce
3,7 ETP
-2.6% YoY

What does LICENSE TO CONSTRUCT do?

LICENSE TO CONSTRUCT is a Private limited company incorporated in 2011. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Gent. It employs on average 3,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0841.841.125
Incorporation
15/12/2011
Legal form
Private limited company
Registered office
Zuiderlaan 1-3
9000 Gent · FlandreSee on map
Contributed capital
1 018 600,00 €
Latest accounts
31/12/2024
Average workforce
3,7 ETP
Activities (NACE)
68203Rental and operating of own or leased real estate· main68203Rental and operating of own or leased real estate68204Rental and operating of own or leased real estate68204Rental and operating of own or leased real estate68100Buying and selling of own real estate68110Buying and selling of own real estate
Joint committees (1)
  • 323
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202420232022202120192018201720162015201420132012
Income statement
Revenue3,1 M €1,7 M €–320,6 k €––––––––
EBITDA4,1 M €737,5 k €1,6 M €5,2 M €-72,7 k €292,7 k €302,9 k €131,4 k €9,1 k €68,9 k €-25,1 k €-8 k €
Operating result2,9 M €176,7 k €1,4 M €4,8 M €-253,6 k €148,2 k €301,9 k €130,2 k €7,9 k €65,8 k €-26,3 k €-9,2 k €
Net result1,8 M €-825,2 k €354,8 k €4,9 M €-765,6 k €93,4 k €174,2 k €-1,9 k €-87 k €-26,4 k €-108,8 k €-65,6 k €
Balance sheet
Equity25,6 M €24,8 M €20,3 M €25 M €14,4 M €2,5 M €903 k €728,8 k €-269,2 k €-182,2 k €-155,8 k €-47 k €
Total assets114,7 M €111,9 M €84,8 M €70,4 M €43,2 M €4,2 M €4,1 M €4,7 M €3,1 M €3,1 M €2,9 M €2,9 M €
Cash211,8 k €342,8 k €437,9 k €3,2 M €12 M €979,5 k €10,3 k €16,5 k €67,2 k €4 k €8,7 k €45 k €
Debts88,8 M €86,8 M €64,4 M €45,4 M €28,3 M €1,7 M €3 M €3,8 M €3,4 M €3,2 M €3 M €2,9 M €
Other
Workforce3,7 ETP3,8 ETP3,3 ETP2,8 ETP1,1 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 31/12/2024 · 1 active · 3 ended

Active mandates

Gaëtan Vermeire

Manager · since 29 novembre 2018

Active

Ended mandates

JOS SLUYS

Manager · since 01 mars 2016 · until 29 novembre 2018

Ended
JOS SLUYS

Manager · since 01 mars 2016

Ended
Charlotte Verheecke

Manager · since 15 décembre 2011

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202519/07/202431/07/202302/08/202220/07/202118/09/2020
General meeting23/06/202528/06/202423/06/202324/06/202225/06/202104/09/2020
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202423/06/202526/06/2025DutchPDF
Abridged model31/12/202328/06/202419/07/2024DutchPDF
Abridged model31/12/202223/06/202331/07/2023DutchPDF
Abridged model31/12/202124/06/202202/08/2022DutchPDF
Abridged model31/12/202025/06/202120/07/2021DutchPDF
Abridged model31/12/201904/09/202018/09/2020DutchPDF
Abridged model31/12/201830/07/201929/08/2019DutchPDF
Abridged model31/12/201729/06/201824/08/2018DutchPDF
Abridged model31/12/201630/06/201728/07/2017DutchPDF
Abridged model31/12/201524/06/201615/07/2016DutchPDF
Abridged model31/12/201426/06/201517/07/2015DutchPDF
Abridged model31/12/201327/06/201412/08/2014DutchPDF
Abridged model31/12/201228/06/201323/07/2013DutchPDF
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 31/12/2024 · 1 active · 3 ended

Active mandates

Gaëtan Vermeire

Manager · since 29 novembre 2018

Active

Ended mandates

JOS SLUYS

Manager · since 01 mars 2016 · until 29 novembre 2018

Ended
JOS SLUYS

Manager · since 01 mars 2016

Ended
Charlotte Verheecke

Manager · since 15 décembre 2011

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring11/08/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/03/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring09/10/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates04/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/06/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/02/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring17/11/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/06/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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. 19/06/2025
    autre
  2. 2024
    Annual accounts 20241,8 M €↑
  3. 2023
    Annual accounts 2023-825,2 k €↓
  4. 15/03/2023
    nominationGV Consulting — bestuurder
  5. 2022
    Annual accounts 2022354,8 k €↓
  6. 2021
    Annual accounts 20214,9 M €↑
  7. 2019
    Annual accounts 2019-765,6 k €↓
  8. 2018
    Annual accounts 201893,4 k €↓
  9. 2017
    Annual accounts 2017174,2 k €↑
  10. 2016
    Annual accounts 2016-1,9 k €↑
  11. 2015
    Annual accounts 2015-87 k €↓
  12. 2014
    Annual accounts 2014-26,4 k €↑
  13. 2013
    Annual accounts 2013-108,8 k €↓
  14. 2012
    Annual accounts 2012-65,6 k €
  15. 15/12/2011
    IncorporationPrivate limited company