ACTIVE

Novus Construct

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Financial year 2025 · closed on 31/12/2025
Net result
52,4 k €
-80.4% YoY
Gross margin
293,2 k €
-48.2% YoY
Equity
2,4 M €
+2.3% YoY
Workforce
2,0 ETP
0.0% YoY

What does Novus Construct do?

Novus Construct is a Private limited company incorporated in 2012. Its main activity is: Development of building projects. Its registered office is in Brugge. It employs on average 2,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0849.385.151
Incorporation
08/10/2012
Legal form
Private limited company
Registered office
Scheepsdalelaan 60
8000 Brugge · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41102Development of building projects68122Buying and selling of own real estate
Joint committees (2)
  • 200
  • 218
Signals
ProfitableGood liquidityPositive 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 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin293,2 k €565,6 k €581,9 k €500,2 k €311,9 k €600,0 k €139,5 k €142,5 k €134,6 k €366,0 k €572,7 k €520,0 k €195,4 k €
EBITDA118,4 k €411,8 k €399,5 k €377,5 k €145,1 k €475,0 k €25,9 k €31,4 k €38,7 k €228,5 k €406,2 k €375,2 k €128,6 k €
Operating result104,9 k €401,0 k €387,5 k €362,1 k €128,6 k €462,8 k €13,4 k €13,0 k €31,5 k €213,0 k €390,7 k €358,1 k €127,0 k €
Net result52,4 k €267,8 k €264,5 k €296,8 k €111,9 k €352,8 k €5,3 k €1,5 k €5,3 k €139,3 k €274,4 k €245,3 k €83,5 k €
Balance sheet
Equity2,4 M €2,3 M €2,0 M €1,8 M €1,5 M €1,4 M €1,0 M €999,3 k €997,8 k €992,5 k €853,2 k €578,8 k €333,5 k €
Total assets12,8 M €13,1 M €16,3 M €14,6 M €19,7 M €16,7 M €10,5 M €8,2 M €8,9 M €4,8 M €6,3 M €6,0 M €952,6 k €
Cash572,3 k €233,3 k €33,2 k €41,8 k €676,7 k €141,6 k €197,3 k €80,6 k €114,6 k €68,9 k €396,2 k €1,1 M €188,6 k €
Debts10,4 M €10,7 M €14,3 M €12,8 M €18,2 M €15,3 M €9,5 M €7,2 M €7,9 M €3,8 M €5,5 M €5,4 M €619,1 k €
Other
Workforce2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,4 ETP2,0 ETP1,9 ETP1,0 ETP1,9 ETP2,5 ETP2,3 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Invedel

Director · since 02 février 2021 · 0443.073.333

Represented by Lore Descheemaecker

Active
Modus Vivendi Projects

Director · since 02 février 2021 · 0508.682.153

Represented by Gurickx Michael

Active
RURSUS REAL ESTATE DEVELOPMENT

Managing director · since 02 février 2021 · 0758.989.069

Represented by Hendrik Micholt

Active

Ended mandates

Modus Vivendi Projects

Director · since 02 février 2021 · 0508.682.153

Represented by Michael Gurickx

Ended
RURSUS REAL ESTATE DEVELOPMENT

Managing director · since 02 février 2021 · 0758.989.069

Represented by Hendrik Micholt

Ended
RURSUS REAL ESTATE DEVELOPMENT

Managing director · since 02 février 2021 · 0758.989.069

Represented by Hendrik Micholt

Ended
Novus Holding

Manager · since 08 octobre 2012 · 0847.250.359

Represented by Luc Descheemaecker

Ended
At this address

Other companies at this address

CompanyCBE no.
GILBEKO● Active
0453.564.674
Invedel● Active
0443.073.333
Maatschap 't Groenhof● Active
1034.143.229
Novus● Active
0466.286.522
Novus Holding● Active
0847.250.359
RURSUS REAL ESTATE DEVELOPMENT● Active
0758.989.069
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date12/06/202623/06/202527/06/202423/06/202330/06/202218/06/2021
General meeting11/06/202612/06/202506/06/202408/06/202309/06/202210/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202612/06/2026DutchPDF
Abridged model31/12/202412/06/202523/06/2025DutchPDF
Abridged model31/12/202306/06/202427/06/2024DutchPDF
Abridged model31/12/202208/06/202323/06/2023DutchPDF
Abridged model31/12/202109/06/202230/06/2022DutchPDF
Abridged model31/12/202010/06/202118/06/2021DutchPDF
Abridged model31/12/201911/06/202018/06/2020DutchPDF
Abridged model31/12/201813/06/201913/06/2019DutchPDF
Abridged model31/12/201714/06/201804/07/2018DutchPDF
Abridged model31/12/201629/06/201720/07/2017DutchPDF
Abridged model31/12/201509/06/201622/06/2016DutchPDF
Abridged model31/12/201430/06/201528/07/2015DutchPDF
Abridged model31/12/201312/06/201425/06/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 3 active · 7 ended

Active mandates

Invedel

Director · since 02 février 2021 · 0443.073.333

Represented by Lore Descheemaecker

Active
Modus Vivendi Projects

Director · since 02 février 2021 · 0508.682.153

Represented by Gurickx Michael

Active
RURSUS REAL ESTATE DEVELOPMENT

Managing director · since 02 février 2021 · 0758.989.069

Represented by Hendrik Micholt

Active

Ended mandates

Modus Vivendi Projects

Director · since 02 février 2021 · 0508.682.153

Represented by Michael Gurickx

Ended
RURSUS REAL ESTATE DEVELOPMENT

Managing director · since 02 février 2021 · 0758.989.069

Represented by Hendrik Micholt

Ended
RURSUS REAL ESTATE DEVELOPMENT

Managing director · since 02 février 2021 · 0758.989.069

Represented by Hendrik Micholt

Ended
Novus Holding

Manager · since 08 octobre 2012 · 0847.250.359

Represented by Luc Descheemaecker

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other15/03/2021
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other17/10/2012
    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 202552,4 k €↓
  2. 2024
    Annual accounts 2024267,8 k €↑
  3. 2023
    Annual accounts 2023264,5 k €↓
  4. 2022
    Annual accounts 2022296,8 k €↑
  5. 2021
    Annual accounts 2021111,9 k €↓
  6. 2020
    Annual accounts 2020352,8 k €↑
  7. 2019
    Annual accounts 20195,3 k €↑
  8. 2018
    Annual accounts 20181,5 k €↓
  9. 2017
    Annual accounts 20175,3 k €↓
  10. 2016
    Annual accounts 2016139,3 k €↓
  11. 2015
    Annual accounts 2015274,4 k €↑
  12. 2014
    Annual accounts 2014245,3 k €↑
  13. 2013
    Annual accounts 201383,5 k €
  14. 08/10/2012
    IncorporationPrivate limited company