ACTIVE

ST + Construct

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Financial year 2025 · closed on 31/12/2025
Net result
38,9 k €
+177.3% YoY
Gross margin
98,9 k €
+90.9% YoY
Equity
133,4 k €
+35.7% YoY

What does ST + Construct do?

ST + Construct is a Private limited company incorporated in 2012. Its main activity is: Development of building projects. Its registered office is in Scherpenheuvel-Zichem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0847.122.477
Incorporation
04/07/2012
Legal form
Private limited company
Registered office
Groenhoef 79
3270 Scherpenheuvel-Zichem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41001Construction of buildings41201Construction of residential and non-residential buildings43320Joinery installation43320Joinery installation+4
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin98,9 k €51,8 k €54,0 k €53,1 k €73,6 k €100,8 k €58,1 k €46,7 k €63,2 k €49,7 k €44,2 k €9,4 k €-2,1 k €4,9 k €
EBITDA92,4 k €48,3 k €50,4 k €51,1 k €72,8 k €57,7 k €57,2 k €44,8 k €61,8 k €48,9 k €43,4 k €-11,8 k €-7,0 k €3,6 k €
Operating result53,4 k €23,4 k €14,6 k €16,7 k €45,1 k €40,0 k €33,5 k €41,4 k €59,1 k €45,7 k €30,4 k €-24,5 k €-13,4 k €3,1 k €
Net result38,9 k €14,0 k €8,9 k €11,6 k €26,0 k €14,8 k €21,8 k €30,3 k €50,0 k €43,7 k €27,1 k €-30,2 k €-15,4 k €2,0 k €
Balance sheet
Equity133,4 k €98,3 k €84,3 k €75,4 k €63,8 k €37,7 k €23,0 k €16,1 k €8,4 k €-6,6 k €-10,3 k €-37,4 k €-7,2 k €8,2 k €
Total assets262,1 k €175,4 k €169,2 k €189,0 k €202,3 k €115,0 k €95,7 k €47,8 k €77,0 k €55,4 k €50,7 k €50,1 k €275,6 k €120,9 k €
Cash13,1 k €4,3 k €3,2 k €19,1 k €30,0 k €15,4 k €24,1 k €14,8 k €7,4 k €2,3 k €12,3 k €1,8 k €13,5 k €16,0 k €
Debts121,1 k €77,1 k €84,9 k €113,6 k €138,5 k €77,3 k €72,8 k €31,7 k €68,6 k €62,0 k €61,0 k €87,5 k €282,8 k €111,5 k €
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 31/12/2025 · 1 active · 3 ended

Active mandates

Tom Verhaert

Director

Active

Ended mandates

Tom Verhaert

Director · since 02 décembre 2013

Ended
Tom Verhaert

Manager · since 02 décembre 2013

Ended
Alex Neezen

Administrator - 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 date05/06/202606/06/202510/06/202412/06/202321/06/202230/08/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202231/05/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202505/06/202605/06/2026DutchPDF
Micro model31/12/202406/06/202506/06/2025DutchPDF
Micro model31/12/202307/06/202410/06/2024DutchPDF
Micro model31/12/202202/06/202312/06/2023DutchPDF
Micro model31/12/202103/06/202221/06/2022DutchPDF
Micro model31/12/202031/05/202130/08/2021DutchPDF
Micro model31/12/201931/05/202031/10/2020DutchPDF
Micro model31/12/201831/05/201930/09/2019DutchPDF
Micro model31/12/201701/06/201820/05/2019DutchPDF
Micro model31/12/201602/06/201720/05/2019DutchPDF
Abridged model31/12/201503/06/201605/04/2017DutchPDF
Abridged model31/12/201422/05/201531/08/2015DutchPDF
Abridged model31/12/201323/05/201427/06/2014DutchPDF
Abridged model31/12/201207/06/201325/06/2013DutchPDF
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 31/12/2025 · 1 active · 3 ended

Active mandates

Tom Verhaert

Director

Active

Ended mandates

Tom Verhaert

Director · since 02 décembre 2013

Ended
Tom Verhaert

Manager · since 02 décembre 2013

Ended
Alex Neezen

Administrator - manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/10/2022
    WIJZIGING RECHTSVORM - BENAMING
    PDF
  • Mandates30/12/2013
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/07/2012
    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 202538,9 k €↑
  2. 2024
    Annual accounts 202414,0 k €↑
  3. 2023
    Annual accounts 20238,9 k €↓
  4. 2022
    Annual accounts 202211,6 k €↓
  5. 2022
    Name changeST + Construct
  6. 2021
    Annual accounts 202126,0 k €↑
  7. 2021
    Name changeAlgemene Bouw- en Renovatiewerken Alex neezen
  8. 2020
    Annual accounts 202014,8 k €↓
  9. 2019
    Annual accounts 201921,8 k €↓
  10. 2018
    Annual accounts 201830,3 k €↓
  11. 2017
    Annual accounts 201750,0 k €↑
  12. 2016
    Annual accounts 201643,7 k €↑
  13. 2015
    Annual accounts 201527,1 k €↑
  14. 2014
    Annual accounts 2014-30,2 k €↓
  15. 2013
    Annual accounts 2013-15,4 k €↓
  16. 2012
    Annual accounts 20122,0 k €
  17. 04/07/2012
    IncorporationPrivate limited company