ACTIVE

AS Construct Immo

Financial year 2025 · Closed on 31/12/2025

Net result50,6 k €-48,3 %over 1 year

Gross margin209 k €-28,9 %over 1 year

Equity599,8 k €+9,2 %over 1 year

Identity

Source · BCE/KBO

AS Construct Immo is a Public limited company incorporated in 2005. Its main activity is: Construction of buildings. Its registered office is in Fleurus.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0877.853.067
Incorporation: 12/12/2005
Legal form: Public limited company
Registered office: Rue de la Chapelle(WB) 21
6224 Fleurus · WallonieSee on map
Contributed capital: 150 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 41003Construction of buildings 41203Construction of residential and non-residential buildings 45212Maintenance and repair of motor vehicles+1

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	209 k €	-28.9%	293,8 k €	+14.3%	257,1 k €	+11.9%	229,9 k €	+393%	46,6 k €
EBITDA	158 k €	-35.0%	242,9 k €	+88.2%	129 k €	-21.1%	163,6 k €	+634%	22,3 k €
Operating result	88,8 k €	-48.3%	171,7 k €	+136%	72,9 k €	+11.4%	65,4 k €	+1640%	3,8 k €
Net result	50,6 k €	-48.3%	97,9 k €	+248%	28,1 k €	-28.9%	39,6 k €	+1412%	2,6 k €
Balance sheet
Equity	599,8 k €	+9.2%	549,2 k €	+8.0%	508,4 k €	+4.7%	485,7 k €	+6.3%	456,9 k €
Total assets	1,3 M €	+9.5%	1,1 M €	+7.0%	1,1 M €	+0.0%	1,1 M €	-9.1%	1,2 M €
Cash	2,9 k €	-94.1%	48,9 k €	-45.9%	90,5 k €	+96.7%	46 k €	+230%	14 k €
Debts	448,1 k €	+14.8%	390,4 k €	+10.4%	353,5 k €	-6.8%	379,1 k €	-26.4%	515,1 k €
Other
Workforce	–		5,3 ETP	-32.9%	7,9 ETP	-22.5%	10,2 ETP	+1940%	0,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LUIGI DI MARTINO	Director30/04/2024 → 21/12/2027
SALVATORE CERNIGLIARO	Director21/12/2021 → 21/12/2027
Antonino Cernigliaro	Managing director01/12/2005 → 21/12/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LUIGIA DI MARTINO	Director30/04/2024 → 2024 accounts
ANTONIO CERNIGLIARO	Managing director14/03/2014 → 2022 accounts
CARMELO CERNIGLIARO	Director14/03/2014 → 2020 accounts

Other companies at this address

Rue de la Chapelle(WB) 21 6224 Fleurus

Company	CBE no.
AS CHASSIS● Bankrupt	0643.866.204
IMMO A.C.S.● Active	0467.055.295
SIAS● Bankrupt	0455.576.633

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2021
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/07/2021	01/07/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/06/2021
Length of the financial year	12 months	12 months	12 months	12 months	6 months	12 months
Filing date	24/09/2026	16/10/2025	21/09/2024	17/10/2023	20/12/2022	28/02/2022
General meeting	21/09/2026	25/09/2025	06/09/2024	05/10/2023	17/11/2022	06/12/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	21/09/2026	24/09/2026	French	PDF
Abridged model	31/12/2024	25/09/2025	16/10/2025	French	PDF
Abridged model	31/12/2023	06/09/2024	21/09/2024	French	PDF
Abridged model	31/12/2022	05/10/2023	17/10/2023	French	PDF
Abridged model	31/12/2021	17/11/2022	20/12/2022	French	PDF
Abridged model	30/06/2021	06/12/2021	28/02/2022	French	PDF
Abridged model	30/06/2020	01/03/2021	31/03/2021	French	PDF
Abridged model	30/06/2019	05/06/2020	09/06/2020	French	PDF
Abridged model	30/06/2018	20/05/2019	20/05/2019	French	PDF
Abridged model	30/06/2017	16/08/2018	03/09/2018	French	PDF
Abridged model	30/06/2016	08/12/2017	10/01/2018	French	PDF
Abridged model	30/06/2015	29/03/2017	29/03/2017	French	PDF
Abridged model	30/06/2014	23/11/2016	13/01/2017	French	PDF
Abridged model	30/06/2013	30/01/2014	08/05/2014	French	PDF
Abridged model	30/06/2012	20/01/2014	21/01/2014	French	PDF
Abridged model	30/06/2011	06/12/2011	20/04/2012	French	PDF
Abridged model	30/06/2010	06/12/2010	15/04/2011	French	PDF
Abridged model	30/06/2009	07/12/2009	01/09/2010	French	PDF
Abridged model	30/06/2008	01/12/2008	25/02/2009	French	PDF
Abridged model	30/06/2007	03/12/2007	16/12/2008	French	PDF
Abridged model	30/06/2006	04/12/2006	01/03/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LUIGI DI MARTINO	Director30/04/2024 → 21/12/2027
SALVATORE CERNIGLIARO	Director21/12/2021 → 21/12/2027
Antonino Cernigliaro	Managing director01/12/2005 → 21/12/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LUIGIA DI MARTINO	Director30/04/2024 → 2024 accounts
ANTONIO CERNIGLIARO	Managing director14/03/2014 → 2022 accounts
CARMELO CERNIGLIARO	Director14/03/2014 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/05/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates23/12/2021
DENOMINATION - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates28/03/2014
DEMISSIONS, NOMINATIONS
PDF
Registered office12/02/2014
transfert siège social
PDF
Other22/12/2005
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

LUIGI DI MARTINO

SALVATORE CERNIGLIARO

ANTONINO CERNIGLIARO

LUIGIA DI MARTINO

CARMELO CERNIGLIARO

ANTONIO CERNIGLIARO

Guy Houtain

20052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

AS Construct Immo

Rue de la Chapelle(WB) 21, 6224 Wanfercée-Baulet

Director

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de la Chapelle(WB) 21, 6224 Wanfercée-BauletCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00522650

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
AS Construct ImmoCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00522650

Events

2025
Annual accounts 202550,6 k €↓
2024
Annual accounts 202497,9 k €↑
2023
Annual accounts 202328,1 k €↓
2022
Annual accounts 202239,6 k €↑
2021
Annual accounts 20212,6 k €↓
2021
Annual accounts 202128,5 k €↓
2020
Annual accounts 202043,3 k €↑
2019
Annual accounts 201941,6 k €↓
2018
Annual accounts 201855,7 k €↑
2017
Annual accounts 201721,8 k €↑
2016
Annual accounts 20166,9 k €↓
2015
Annual accounts 201567,2 k €↓
2014
Annual accounts 2014207,7 k €↑
2013
Annual accounts 2013-116,4 k €↓
2012
Annual accounts 2012-53,9 k €↓
2011
Annual accounts 2011-7,3 k €↑
2010
Annual accounts 2010-13 k €↓
2009
Annual accounts 200914,7 k €↓
2008
Annual accounts 200843,7 k €↑
2007
Annual accounts 200715,4 k €
12/12/2005
IncorporationPublic limited company

AS Construct Immo

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events