ACTIVE

A.I. CONSTRUCT

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Financial year 2025 · closed on 30/06/2025

Net result

-47 k €

-18.9% YoY

Gross margin

-44,4 k €

-19.2% YoY

Equity

49,2 k €

-48.8% YoY

What does A.I. CONSTRUCT do?

A.I. CONSTRUCT is a Private limited company incorporated in 2006. Its main activity is: Development of building projects. Its registered office is in Spa.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0882.032.975

Incorporation

23/06/2006

Legal form

Private limited company

Registered office

Rue Rogier 14
4900 Spa · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 41102Development of building projects 43110Demolition 43110Demolition+10

Signals

Solid equityLow riskGood liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007
Income statement
Gross margin	-44,4 k €	-19.2%	-37,2 k €	-157%	64,8 k €	+267%	17,6 k €	+60.5%	11 k €	-89.0%	99,6 k €	+949%	9,5 k €	-80.8%	49,5 k €	+204%	16,3 k €	-51.6%	33,6 k €	+28.7%	26,1 k €	-67.2%	79,6 k €	+234%	23,8 k €	+23.5%	19,3 k €	-61.2%	49,6 k €		–		-3 k €	+62.7%	-8,1 k €
EBITDA	-44,7 k €	-19.9%	-37,3 k €	-170%	53,6 k €	+207%	17,5 k €	+61.7%	10,8 k €	-89.1%	99,5 k €	+975%	9,2 k €	-81.3%	49,4 k €	+209%	16 k €	-51.8%	33,1 k €	+28.3%	25,8 k €	-56.5%	59,3 k €	+220%	-49,5 k €	-357%	19,2 k €	-48.7%	37,5 k €	+1651%	-2,4 k €	+22.2%	-3,1 k €	+66.4%	-9,3 k €
Operating result	-44,7 k €	-19.9%	-37,3 k €	-170%	53,6 k €	+207%	17,5 k €	+61.7%	10,8 k €	-89.1%	99,5 k €	+975%	9,2 k €	-81.3%	49,4 k €	+209%	16 k €	-51.8%	33,1 k €	+28.8%	25,7 k €	-56.5%	59,1 k €	+219%	-49,7 k €	-361%	19 k €	-48.8%	37,2 k €	+1639%	-2,4 k €	+22.2%	-3,1 k €	+86.7%	-23,3 k €
Net result	-47 k €	-18.9%	-39,5 k €	-217%	33,7 k €	+417%	6,5 k €	+145%	2,7 k €	-95.8%	63 k €	+2061%	-3,2 k €	-110%	32,5 k €	+4409%	721,5 €	-97.7%	31,7 k €	+519%	-7,6 k €	-131%	24,7 k €	+131%	-79,9 k €	-788%	11,6 k €	-62.7%	31,2 k €	+434%	-9,3 k €	-5.7%	-8,8 k €	+28.9%	-12,4 k €
Balance sheet
Equity	49,2 k €	-48.8%	96,2 k €	-29.1%	135,7 k €	+33.0%	102 k €	+6.8%	95,5 k €	+2.9%	92,8 k €	+212%	29,8 k €	-9.7%	33 k €	+6617%	491,6 €	+314%	-229,9 €	+99.3%	-31,9 k €	-31.0%	-24,4 k €	+50.4%	-49,1 k €	-260%	30,8 k €	+60.6%	19,2 k €	+260%	-12 k €	-352%	-2,7 k €	-143%	6,2 k €
Total assets	84 k €	-41.7%	144,1 k €	-19.0%	177,9 k €	-36.7%	280,8 k €	-7.8%	304,6 k €	-8.1%	331,3 k €	-32.8%	493,1 k €	-2.5%	505,9 k €	-14.7%	593,4 k €	-7.4%	640,8 k €	-9.0%	704 k €	-8.3%	767,5 k €	-32.0%	1,1 M €	+2008%	53,5 k €	+5.4%	50,8 k €	-71.4%	177,2 k €	+0.1%	177 k €	+2211%	7,7 k €
Cash	641,5 €	-97.7%	27,7 k €	-28.3%	38,6 k €	+726%	4,7 k €	+452%	848 €	-80.5%	4,4 k €	+107%	2,1 k €	-27.5%	2,9 k €	+0.4%	2,9 k €	-58.2%	6,9 k €	+168%	2,6 k €	-75.3%	10,5 k €	+919%	1 k €	-97.9%	48,1 k €	+5336%	884,8 €	+462%	157,6 €	-11.3%	177,7 €	+4481%	3,9 €
Debts	34,7 k €	-27.4%	47,9 k €	+13.5%	42,2 k €	-76.4%	178,8 k €	-14.5%	209,1 k €	-12.3%	238,4 k €	-48.5%	463,3 k €	-2.0%	472,9 k €	-20.2%	592,8 k €	-7.5%	641,1 k €	-12.0%	728,7 k €	-8.0%	791,9 k €	-32.5%	1,2 M €	+5108%	22,5 k €	-28.7%	31,6 k €	-83.3%	189,1 k €	+5.4%	179,5 k €	+12037%	1,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		0,4 ETP	+33.3%	0,3 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 5 ended

Active mandates

Alain KRICKEL

Director · since 13 décembre 2023

Active

Michael MILBERS

Director · since 13 décembre 2023

Active

Ended mandates

Michael MILBERS

Director · since 03 décembre 2010

Ended

MICHAEL MILBERS

Manager · since 03 décembre 2010

Ended

ISABELLE BOEMER

Manager · since 02 novembre 2007

Ended

Alain KRICKEL

Director · since 23 juin 2006

Ended

At this address

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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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/03/2026	31/01/2025	30/01/2024	27/01/2023	28/01/2022	27/01/2021
General meeting	19/12/2025	20/12/2024	15/12/2023	16/12/2022	17/12/2021	18/12/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	19/12/2025	17/03/2026	French	PDF
Abridged model	30/06/2024	20/12/2024	31/01/2025	French	PDF
Abridged model	30/06/2023	15/12/2023	30/01/2024	French	PDF
Abridged model	30/06/2022	16/12/2022	27/01/2023	French	PDF
Abridged model	30/06/2021	17/12/2021	28/01/2022	French	PDF
Abridged model	30/06/2020	18/12/2020	27/01/2021	French	PDF
Abridged model	30/06/2019	20/12/2019	20/01/2020	French	PDF
Abridged model	30/06/2018	21/12/2018	31/01/2019	French	PDF
Abridged model	30/06/2017	15/12/2017	22/12/2017	French	PDF
Abridged model	30/06/2016	16/12/2016	22/12/2016	French	PDF
Abridged model	30/06/2015	18/12/2015	21/12/2015	French	PDF
Abridged model	30/06/2014	19/12/2014	22/12/2014	French	PDF
Abridged model	30/06/2013	20/12/2013	23/12/2013	French	PDF
Abridged model	30/06/2012	21/12/2012	28/12/2012	French	PDF
Abridged model	30/06/2011	16/12/2011	20/12/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	06/07/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	08/07/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	03/07/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/06/2025 · 2 active · 5 ended

Active mandates

Alain KRICKEL

Director · since 13 décembre 2023

Active

Michael MILBERS

Director · since 13 décembre 2023

Active

Ended mandates

Michael MILBERS

Director · since 03 décembre 2010

Ended

MICHAEL MILBERS

Manager · since 03 décembre 2010

Ended

ISABELLE BOEMER

Manager · since 02 novembre 2007

Ended

Alain KRICKEL

Director · since 23 juin 2006

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office05/05/2025
SIEGE SOCIAL
PDF
Mandates20/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Registered office26/03/2019
SIEGE SOCIAL
PDF
Registered office29/11/2017
SIEGE SOCIAL
PDF
Mandates14/12/2010
SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
PDF
Mandates13/11/2007
DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - ASSEMBLEE GENERALE
PDF
Other04/07/2006
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

2025
Annual accounts 2025-47 k €↓
2024
Annual accounts 2024-39,5 k €↓
2023
Annual accounts 202333,7 k €↑
2022
Annual accounts 20226,5 k €↑
2021
Annual accounts 20212,7 k €↓
2020
Annual accounts 202063 k €↑
2019
Annual accounts 2019-3,2 k €↓
2018
Annual accounts 201832,5 k €↑
2017
Annual accounts 2017721,5 €↓
2016
Annual accounts 201631,7 k €↑
2015
Annual accounts 2015-7,6 k €↓
2014
Annual accounts 201424,7 k €↑
2013
Annual accounts 2013-79,9 k €↓
2012
Annual accounts 201211,6 k €↓
2011
Annual accounts 201131,2 k €↑
2009
Annual accounts 2009-9,3 k €↓
2008
Annual accounts 2008-8,8 k €↑
2007
Annual accounts 2007-12,4 k €
23/06/2006
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

A.I. CONSTRUCT

Overview

What does A.I. 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