ACTIVE

CARNOL CONSTRUCT

Financial year 2025 · closed on 31/12/2025
Net result
47,4 k €
+216.2% YoY
Gross margin
64,6 k €
+307.3% YoY
Equity
79,8 k €
+146.4% YoY

What does CARNOL CONSTRUCT do?

CARNOL CONSTRUCT is a Private limited company incorporated in 2005. Its registered office is in Anderlues.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0871.602.705
Incorporation
01/02/2005
Legal form
Private limited company
Registered office
Rue Saint-Médard 64 box 1
6150 Anderlues · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin64,6 k €-31,2 k €14,9 k €25,2 k €23,9 k €76,3 k €8,6 k €35,5 k €31,4 k €37,8 k €47,5 k €101,3 k €114,1 k €137,2 k €118,4 k €78,1 k €101,9 k €85,1 k €57,5 k €26,5 k €
EBITDA58,3 k €-32,2 k €13,6 k €24,1 k €10,5 k €75,4 k €7,6 k €-1,2 k €6,5 k €-5,6 k €4,7 k €10,5 k €25,4 k €31,6 k €27,9 k €6,6 k €1,9 k €7,2 k €10,8 k €-3,6 k €
Operating result49,9 k €-39,8 k €7,1 k €19,6 k €4 k €51,5 k €4,3 k €-2,6 k €3,9 k €-12,2 k €-2,3 k €1,3 k €13,5 k €20,4 k €20,4 k €-762 €-5 k €145 €1,7 k €-6,1 k €
Net result47,4 k €-40,8 k €1,9 k €12,2 k €1,1 k €37,2 k €2,7 k €-4 k €3,4 k €-13,3 k €-9,4 k €-495 €9,6 k €14,1 k €14,1 k €-1,8 k €-8,2 k €-734 €652 €-6,2 k €
Balance sheet
Equity79,8 k €32,4 k €73,2 k €71,3 k €59 k €58 k €20,8 k €18 k €22,1 k €18,7 k €32 k €41,3 k €41,8 k €32,2 k €18,1 k €4 k €5,8 k €1,6 k €2,3 k €1,7 k €
Total assets84,8 k €63,3 k €105,8 k €107,2 k €108 k €103,1 k €62,5 k €68,6 k €34,4 k €45,4 k €63,6 k €70,8 k €102,8 k €77,7 k €47,2 k €32,7 k €48,8 k €50,3 k €38,6 k €10,8 k €
Cash60,8 k €30,8 k €64,7 k €75,2 k €82,8 k €74,6 k €20,9 k €20,4 k €13,3 k €20 k €12 k €10,9 k €15,1 k €16,7 k €22 k €5,2 k €494 €568 €2,4 k €813 €
Debts5 k €30,9 k €32,6 k €35,9 k €49 k €45,1 k €41,7 k €50,5 k €12,3 k €26,8 k €31,6 k €29,4 k €60,9 k €45,5 k €29,1 k €28,7 k €43 k €48,7 k €36,2 k €9,2 k €
Other
Workforce6,0 ETP7,9 ETP8,0 ETP6,5 ETP5,3 ETP5,7 ETP5,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Marco Carnoli

Director · since 25 mai 2024

Active

Ended mandates

Marco Carnoli

Director

Ended
Marco Carnoli

Manager

Ended
Nicole Bruart

Associate

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 date30/08/202601/08/202530/08/202422/08/202301/07/202211/08/2021
General meeting30/05/202631/05/202525/05/202427/05/202328/05/202229/05/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/05/202630/08/2026FrenchPDF
Micro model31/12/202431/05/202501/08/2025FrenchPDF
Micro model31/12/202325/05/202430/08/2024FrenchPDF
Micro model31/12/202227/05/202322/08/2023FrenchPDF
Micro model31/12/202128/05/202201/07/2022FrenchPDF
Micro model31/12/202029/05/202111/08/2021FrenchPDF
Micro model31/12/201930/05/202013/08/2020FrenchPDF
Micro model31/12/201825/05/201927/08/2019FrenchPDF
Micro model31/12/201726/05/201815/06/2018FrenchPDF
Micro model31/12/201627/05/201721/08/2017FrenchPDF
Abridged model31/12/201528/05/201619/08/2016FrenchPDF
Abridged model31/12/201430/05/201531/08/2015FrenchPDF
Abridged model31/12/201326/05/201429/08/2014FrenchPDF
Abridged model31/12/201225/05/201330/08/2013FrenchPDF
Abridged model31/12/201126/05/201230/08/2012FrenchPDF
Abridged model31/12/201028/05/201130/08/2011FrenchPDF
Abridged model31/12/200931/05/201026/08/2010FrenchPDF
Abridged model31/12/200830/05/200921/08/2009FrenchPDF
Abridged model31/12/200731/05/200829/08/2008FrenchPDF
Abridged modelCorrection31/12/200626/05/200725/03/2008FrenchPDF
Abridged model31/12/200626/05/200730/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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

Marco Carnoli

Director · since 25 mai 2024

Active

Ended mandates

Marco Carnoli

Director

Ended
Marco Carnoli

Manager

Ended
Nicole Bruart

Associate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office28/10/2013
    SIEGE SOCIAL
    PDF
  • Registered office21/09/2009
    SIEGE SOCIAL
    PDF
  • Registered office28/06/2006
    SIEGE SOCIAL
    PDF
  • Mandates03/08/2005
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/03/2005
    DEMISSIONS, NOMINATIONS
    PDF
  • Other09/02/2005
    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

Timeline

  1. 2025
    Annual accounts 202547,4 k €
  2. 2024
    Annual accounts 2024-40,8 k €
  3. 2023
    Annual accounts 20231,9 k €
  4. 2022
    Annual accounts 202212,2 k €
  5. 2021
    Annual accounts 20211,1 k €
  6. 2020
    Annual accounts 202037,2 k €
  7. 2019
    Annual accounts 20192,7 k €
  8. 2018
    Annual accounts 2018-4 k €
  9. 2017
    Annual accounts 20173,4 k €
  10. 2016
    Annual accounts 2016-13,3 k €
  11. 2015
    Annual accounts 2015-9,4 k €
  12. 2014
    Annual accounts 2014-495 €
  13. 2013
    Annual accounts 20139,6 k €
  14. 2012
    Annual accounts 201214,1 k €
  15. 2011
    Annual accounts 201114,1 k €
  16. 2010
    Annual accounts 2010-1,8 k €
  17. 2009
    Annual accounts 2009-8,2 k €
  18. 2008
    Annual accounts 2008-734 €
  19. 2007
    Annual accounts 2007652 €
  20. 2006
    Annual accounts 2006-6,2 k €
  21. 01/02/2005
    IncorporationPrivate limited company