ACTIVE

CAUWELS CONSTRUCT

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Financial year 2025 · closed on 31/03/2025

Net result

125,4 k €

+186.7% YoY

Gross margin

642,5 k €

+21.7% YoY

Equity

764,1 k €

+19.6% YoY

Workforce

5,5 ETP

-9.8% YoY

What does CAUWELS CONSTRUCT do?

CAUWELS CONSTRUCT is a Private limited company incorporated in 2004. Its main activity is: Construction of buildings. Its registered office is in Knokke-Heist. It employs on average 5,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.941.521

Incorporation

31/12/2004

Legal form

Private limited company

Registered office

Hoekestraat 80
8300 Knokke-Heist · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/03/2025

Average workforce

5,5 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 70311Activities of head offices; management consultancy activities 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods 51190Passenger air transport+2

Joint committees (2)

124
12400

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	642,5 k €	+21.7%	528,0 k €	-2.9%	543,6 k €	-18.0%	663,3 k €	+52.2%	435,9 k €	-8.0%	473,7 k €	+10.1%	430,3 k €	+60.3%	268,4 k €	+6.7%	251,5 k €	+69.4%	148,4 k €	-8.5%	162,2 k €	+125%	72,0 k €	+100%	36,0 k €	+194%	12,2 k €	+303%	-6,0 k €	-297%	-1,5 k €	+63.7%	-4,2 k €	-115%	28,1 k €
EBITDA	230,4 k €	+95.0%	118,1 k €	-34.6%	180,7 k €	-35.0%	277,8 k €	+154%	109,4 k €	-5.1%	115,3 k €	-41.8%	198,2 k €	+91.9%	103,3 k €	+5.0%	98,3 k €	+54.8%	63,5 k €	-36.8%	100,5 k €	+206%	32,9 k €	+105%	16,0 k €	+35.9%	11,8 k €	+282%	-6,5 k €	-231%	-2,0 k €	+57.9%	-4,6 k €	-117%	27,3 k €
Operating result	174,0 k €	+175%	63,2 k €	-49.1%	124,3 k €	-43.5%	220,1 k €	+209%	71,3 k €	+41.2%	50,5 k €	-71.4%	176,3 k €	+112%	83,2 k €	+21.4%	68,5 k €	+82.4%	37,6 k €	-54.1%	81,9 k €	+398%	16,4 k €	+324%	3,9 k €	-63.4%	10,6 k €	+260%	-6,6 k €	-213%	-2,1 k €	+55.9%	-4,8 k €	-118%	27,2 k €
Net result	125,4 k €	+187%	43,7 k €	-46.6%	81,8 k €	-45.5%	150,2 k €	+376%	31,5 k €	+63.5%	19,3 k €	-78.8%	91,0 k €	+121%	41,2 k €	-10.0%	45,8 k €	+98.4%	23,1 k €	-60.8%	58,9 k €	+505%	9,7 k €	+917%	957,0 €	-90.9%	10,5 k €	+256%	-6,7 k €	-203%	-2,2 k €	+55.1%	-4,9 k €	-121%	24,0 k €
Balance sheet
Equity	764,1 k €	+19.6%	638,7 k €	+0.6%	635,0 k €	+14.8%	553,2 k €	+78.8%	309,4 k €	+11.4%	277,8 k €	+7.5%	258,5 k €	+54.3%	167,6 k €	+32.6%	126,3 k €	+56.9%	80,5 k €	+40.2%	57,5 k €	+4032%	-1,5 k €	+87.0%	-11,2 k €	+7.9%	-12,2 k €	+46.3%	-22,6 k €	-42.1%	-15,9 k €	-16.1%	-13,7 k €	-56.1%	-8,8 k €
Total assets	1,5 M €	+36.6%	1,1 M €	-5.0%	1,1 M €	+2.5%	1,1 M €	-4.6%	1,1 M €	+22.7%	931,3 k €	+1.8%	915,2 k €	+21.9%	750,8 k €	+108%	361,7 k €	+51.6%	238,6 k €	-11.1%	268,4 k €	+83.6%	146,2 k €	+129%	63,9 k €	+275%	17,0 k €	+393%	3,5 k €	-33.7%	5,2 k €	+153%	2,1 k €	-95.5%	46,2 k €
Cash	206,9 k €	+21.4%	170,4 k €	-45.9%	314,8 k €	+75.2%	179,7 k €	+422%	34,4 k €	+6.6%	32,3 k €	-52.4%	67,8 k €	-43.7%	120,5 k €	-24.3%	159,2 k €	+58.8%	100,2 k €	+108%	48,2 k €	+12.7%	42,8 k €	+199%	14,3 k €	+220%	4,5 k €	+3576%	121,7 €	+57.8%	77,1 €		–		391,9 €
Debts	685,6 k €	+62.3%	422,3 k €	-12.5%	482,5 k €	-9.7%	534,4 k €	-35.9%	833,2 k €	+27.5%	653,5 k €	-0.5%	656,7 k €	+12.6%	583,3 k €	+148%	235,4 k €	+48.9%	158,1 k €	-25.1%	210,9 k €	+42.9%	147,6 k €	+98.0%	74,6 k €	+156%	29,2 k €	+11.7%	26,1 k €	+23.4%	21,1 k €	+34.0%	15,8 k €	-71.3%	54,9 k €
Other
Workforce	5,5 ETP	-9.8%	6,1 ETP	+5.2%	5,8 ETP	-3.3%	6,0 ETP	0.0%	6,0 ETP		–		–		–		3,2 ETP	+77.8%	1,8 ETP	+38.5%	1,3 ETP	+30.0%	1,0 ETP	+66.7%	0,6 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 31/03/2025 · 2 active · 8 ended

Active mandates

Bart Cauwels

Director · since 26 octobre 2023

Active

Yasmina Benjama

Director · since 26 octobre 2023

Active

Ended mandates

Yasmina Benjama

Director · since 01 août 2017

Ended

Bart Cauwels

Director · since 19 novembre 2007

Ended

Bart Cauwels

Manager

Ended

Bart CAUWELS

Director

Ended

At this address

Other companies at this address

Company	CBE no.
CAUWELS INVESTMENT● Active	0725.644.627

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/10/2025	31/10/2024	31/10/2023	15/11/2022	30/11/2021	10/11/2020
General meeting	25/09/2025	26/09/2024	28/09/2023	20/10/2022	21/10/2021	15/10/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	25/09/2025	30/10/2025	Dutch	PDF
Abridged model	31/03/2024	26/09/2024	31/10/2024	Dutch	PDF
Abridged model	31/03/2023	28/09/2023	31/10/2023	Dutch	PDF
Abridged model	31/03/2022	20/10/2022	15/11/2022	Dutch	PDF
Abridged model	31/03/2021	21/10/2021	30/11/2021	Dutch	PDF
Abridged model	31/03/2020	15/10/2020	10/11/2020	Dutch	PDF
Micro model	31/03/2019	17/10/2019	28/11/2019	Dutch	PDF
Micro model	31/03/2018	29/10/2018	26/11/2018	Dutch	PDF
Micro model	31/03/2017	28/09/2017	23/11/2017	Dutch	PDF
Abridged model	31/03/2016	29/09/2016	30/11/2016	Dutch	PDF
Abridged model	31/03/2015	24/09/2015	21/10/2015	Dutch	PDF
Abridged modelCorrection	31/03/2014	23/09/2014	24/09/2014	Dutch	PDF
Abridged model	31/03/2014	02/07/2014	25/07/2014	Dutch	PDF
Abridged model	31/03/2013	24/10/2013	28/10/2013	Dutch	PDF
Abridged model	31/03/2012	30/10/2012	27/11/2012	Dutch	PDF
Abridged model	31/03/2011	22/09/2011	25/10/2011	Dutch	PDF
Abridged model	31/03/2010	23/09/2010	30/09/2010	Dutch	PDF
Abridged model	31/03/2009	24/09/2009	30/09/2009	Dutch	PDF
Abridged model	31/03/2008	25/09/2008	29/09/2008	Dutch	PDF
Abridged model	31/03/2007	27/09/2007	27/09/2007	Dutch	PDF

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 31/03/2025 · 2 active · 8 ended

Active mandates

Bart Cauwels

Director · since 26 octobre 2023

Active

Yasmina Benjama

Director · since 26 octobre 2023

Active

Ended mandates

Yasmina Benjama

Director · since 01 août 2017

Ended

Bart Cauwels

Director · since 19 novembre 2007

Ended

Bart Cauwels

Manager

Ended

Bart CAUWELS

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2023
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/12/2017
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/11/2007
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2007
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/12/2006
MAATSCHAPPELIJKE ZETEL
PDF
Registered office16/08/2006
MAATSCHAPPELIJKE ZETEL
PDF
Other12/01/2005
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

2025
Annual accounts 2025125,4 k €↑
2024
Annual accounts 202443,7 k €↓
2023
Annual accounts 202381,8 k €↓
2022
Annual accounts 2022150,2 k €↑
2020
Annual accounts 202031,5 k €↑
2019
Annual accounts 201919,3 k €↓
2018
Annual accounts 201891,0 k €↑
2017
Annual accounts 201741,2 k €↓
2016
Annual accounts 201645,8 k €↑
2015
Annual accounts 201523,1 k €↓
2014
Annual accounts 201458,9 k €↑
2013
Annual accounts 20139,7 k €↑
2012
Annual accounts 2012957,0 €↓
2011
Annual accounts 201110,5 k €↑
2010
Annual accounts 2010-6,7 k €↓
2009
Annual accounts 2009-2,2 k €↑
2008
Annual accounts 2008-4,9 k €↓
2007
Annual accounts 200724,0 k €
31/12/2004
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

CAUWELS CONSTRUCT

Overview

What does CAUWELS CONSTRUCT do?

Trend over 18 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