ACTIVE

I.G. CONSTRUCT

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Financial year 2025 · closed on 30/06/2025

Net result

8,4 k €

-15.8% YoY

Revenue

1,2 M €

-8.9% YoY

Equity

242,3 k €

+3.6% YoY

What does I.G. CONSTRUCT do?

I.G. CONSTRUCT is a Private limited company incorporated in 2007. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0889.517.615

Incorporation

18/05/2007

Legal form

Private limited company

Registered office

Rue Léopold I 128
1020 Bruxelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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		2010		2009		2008
Income statement
Revenue	1,2 M €	-8.9%	1,3 M €	+6.8%	1,2 M €	+28.1%	927,6 k €	-43.8%	1,7 M €	-19.0%	2 M €	+66.5%	1,2 M €	+78.8%	684,4 k €	-25.2%	914,5 k €	+30.3%	701,7 k €	-34.6%	1,1 M €	-10.3%	1,2 M €	+92.5%	621,4 k €	-24.0%	817,7 k €	+5.3%	776,5 k €	-8.8%	851,8 k €	-16.2%	1 M €	+419%	195,9 k €
EBITDA	47,1 k €	+26.2%	37,3 k €	+10.8%	33,7 k €	+17.2%	28,7 k €	-42.7%	50,2 k €	+0.5%	49,9 k €	+38.0%	36,1 k €	+35.2%	26,7 k €	+38.9%	19,3 k €	+73.6%	11,1 k €	-53.8%	24 k €	+4.8%	22,9 k €	+83.3%	12,5 k €	-38.9%	20,4 k €	-28.0%	28,4 k €	-4.8%	29,8 k €	-4.6%	31,3 k €	+234%	9,4 k €
Operating result	27,5 k €	+8.9%	25,3 k €	+0.6%	25,1 k €	+21.1%	20,7 k €	-50.9%	42,2 k €	+1.5%	41,6 k €	+58.8%	26,2 k €	+60.6%	16,3 k €	+30.1%	12,5 k €	+174%	4,6 k €	-73.7%	17,4 k €	+12.4%	15,5 k €	+58.9%	9,7 k €	-32.1%	14,3 k €	-27.5%	19,8 k €	+110%	9,4 k €	-18.0%	11,5 k €	+170%	4,3 k €
Net result	8,4 k €	-15.8%	10 k €	-25.9%	13,5 k €	+7.0%	12,7 k €	-55.2%	28,3 k €	+0.2%	28,2 k €	+57.5%	17,9 k €	+107%	8,7 k €	+3.6%	8,4 k €	+42.7%	5,9 k €	-51.7%	12,1 k €	-40.4%	20,3 k €	+19.1%	17,1 k €	+92.1%	8,9 k €	-20.4%	11,2 k €	+270%	3 k €	-51.1%	6,2 k €	+109%	3 k €
Balance sheet
Equity	242,3 k €	+3.6%	233,9 k €	+4.5%	223,8 k €	+6.4%	210,3 k €	+6.4%	197,6 k €	+16.7%	169,4 k €	+20.0%	141,1 k €	+14.5%	123,2 k €	+7.6%	114,6 k €	+7.9%	106,2 k €	+5.8%	100,3 k €	+13.7%	88,2 k €	+30.0%	67,9 k €	+33.6%	50,8 k €	+21.2%	41,9 k €	+36.3%	30,8 k €	+101%	15,3 k €	+67.5%	9,2 k €
Total assets	513,4 k €	-14.9%	603,6 k €	+1.4%	595,5 k €	-2.2%	608,6 k €	-29.8%	866,8 k €	+73.2%	500,3 k €	+19.2%	419,7 k €	+34.2%	312,7 k €	+6.5%	293,7 k €	-14.1%	341,9 k €	-2.1%	349,1 k €	-0.6%	351,3 k €	+60.5%	218,9 k €	-18.7%	269,5 k €	-0.4%	270,5 k €	-34.5%	413,1 k €	+52.2%	271,4 k €	+154%	106,8 k €
Cash	8,6 k €	+47.8%	5,8 k €	+298%	1,5 k €	-76.3%	6,2 k €	-95.3%	131,5 k €	+791%	14,8 k €	-77.4%	65,3 k €	+1744%	3,5 k €	-41.9%	6,1 k €	+108%	2,9 k €	-84.3%	18,6 k €	-34.4%	28,4 k €	+45.3%	19,5 k €	+105%	9,5 k €	-43.0%	16,7 k €	+2254%	710,8 €	-41.2%	1,2 k €	-66.7%	3,6 k €
Debts	271,1 k €	-26.7%	369,7 k €	-0.5%	371,7 k €	-6.7%	398,3 k €	-40.5%	669,2 k €	+102%	331 k €	+18.8%	278,6 k €	+47.0%	189,5 k €	+5.8%	179,2 k €	-24.0%	235,7 k €	-5.3%	248,8 k €	-5.4%	263,1 k €	+74.2%	151,1 k €	-30.9%	218,6 k €	-4.3%	228,6 k €	-40.2%	382,3 k €	+49.3%	256,1 k €	+162%	97,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,7 ETP	-22.2%	0,9 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 30/06/2025 · 2 active · 2 ended

Active mandates

GHEORGHE URSACHI

Mandate

Active

ILIE CHIRILA

Mandate

Active

Ended mandates

GHEORGHE URSACHI

Manager

Ended

ILIE CHIRILA

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CLASS● Active	0831.288.218
SERANAT● Liquidation	0458.175.936
SOCARNES● Active	0434.896.530
ZO HAIR● Active	1022.501.942

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	04/02/2026	05/02/2025	31/01/2024	02/02/2023	31/01/2022	11/02/2021
General meeting	10/12/2025	11/12/2024	13/12/2023	14/12/2022	08/12/2021	09/12/2020
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	10/12/2025	04/02/2026	French	PDF
Abridged model	30/06/2024	11/12/2024	05/02/2025	French	PDF
Abridged model	30/06/2023	13/12/2023	31/01/2024	French	PDF
Abridged model	30/06/2022	14/12/2022	02/02/2023	French	PDF
Abridged model	30/06/2021	08/12/2021	31/01/2022	French	PDF
Abridged model	30/06/2020	09/12/2020	11/02/2021	French	PDF
Micro model	30/06/2019	11/12/2019	31/01/2020	French	PDF
Micro model	30/06/2018	12/12/2018	31/01/2019	French	PDF
Micro model	30/06/2017	13/12/2017	31/01/2018	French	PDF
Abridged model	30/06/2016	14/12/2016	31/01/2017	French	PDF
Abridged model	30/06/2015	09/12/2015	15/01/2016	French	PDF
Abridged model	30/06/2014	10/12/2014	29/12/2014	French	PDF
Abridged model	30/06/2013	11/12/2013	12/02/2014	French	PDF
Abridged model	30/06/2012	12/12/2012	06/02/2013	French	PDF
Abridged model	30/06/2011	08/12/2011	31/01/2012	French	PDF
Abridged model	30/06/2010	08/12/2010	17/12/2010	French	PDF
Abridged model	30/06/2009	09/12/2009	29/01/2010	French	PDF
Abridged model	30/06/2008	10/12/2008	18/02/2009	French	PDF

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 30/06/2025 · 2 active · 2 ended

Active mandates

GHEORGHE URSACHI

Mandate

Active

ILIE CHIRILA

Mandate

Active

Ended mandates

GHEORGHE URSACHI

Manager

Ended

ILIE CHIRILA

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares22/09/2021
CAPITAL, ACTIONS
PDF
Registered office16/05/2019
SIEGE SOCIAL
PDF
Registered office09/05/2018
SIEGE SOCIAL
PDF
Mandates22/02/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates12/08/2013
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates09/08/2010
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Other29/05/2007
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 20258,4 k €↓
2024
Annual accounts 202410 k €↓
2023
Annual accounts 202313,5 k €↑
2022
Annual accounts 202212,7 k €↓
2021
Annual accounts 202128,3 k €↑
2020
Annual accounts 202028,2 k €↑
2019
Annual accounts 201917,9 k €↑
2018
Annual accounts 20188,7 k €↑
2017
Annual accounts 20178,4 k €↑
2016
Annual accounts 20165,9 k €↓
2015
Annual accounts 201512,1 k €↓
2014
Annual accounts 201420,3 k €↑
2013
Annual accounts 201317,1 k €↑
2012
Annual accounts 20128,9 k €↓
2011
Annual accounts 201111,2 k €↑
2010
Annual accounts 20103 k €↓
2009
Annual accounts 20096,2 k €↑
2008
Annual accounts 20083 k €
18/05/2007
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

I.G. CONSTRUCT

Overview

What does I.G. 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