ACTIVE

CSO CONSTRUCT

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Financial year 2025 · Closed on 31/12/2025

Net result55,3 k €+60,8 %over 1 year

Gross margin389,9 k €+21,5 %over 1 year

Equity393,8 k €-0,2 %over 1 year

Workforce4,5 ETP+60,7 %over 1 year

Identity

Source · BCE/KBO

CSO CONSTRUCT is a Private limited company incorporated in 2007. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Soumagne. It employs on average 4,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0894.281.008
Incorporation: 18/12/2007
Legal form: Private limited company
Registered office: Valeureux Champs 69
4633 Soumagne · WallonieSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 4,5 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining 28220Manufacture of lifting and handling equipment 28220Manufacture of lifting and handling equipment+2

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	389,9 k €	+21.5%	321 k €	+19.1%	269,4 k €	+3.3%	260,8 k €	-7.7%	282,5 k €
EBITDA	193,7 k €	+21.4%	159,6 k €	+21.3%	131,5 k €	-10.0%	146,1 k €	-0.3%	146,5 k €
Operating result	95,4 k €	+47.1%	64,9 k €	+15.8%	56,1 k €	-9.6%	62 k €	+84.6%	33,6 k €
Net result	55,3 k €	+60.8%	34,4 k €	+16.4%	29,5 k €	-20.6%	37,2 k €	+68.8%	22,1 k €
Balance sheet
Equity	393,8 k €	-0.2%	394,7 k €	+8.6%	363,6 k €	+7.8%	337,5 k €	+10.8%	304,6 k €
Total assets	1,1 M €	+31.9%	860 k €	+3.0%	834,7 k €	-0.2%	836,1 k €	-2.3%	856 k €
Cash	29,8 k €	+23358%	127 €	+41.1%	90 €	0.0%	90 €	-99.3%	12,3 k €
Debts	740,8 k €	+59.2%	465,2 k €	-1.2%	470,7 k €	-5.6%	498,6 k €	-9.6%	551,4 k €
Other
Workforce	4,5 ETP	+60.7%	2,8 ETP	-20.0%	3,5 ETP	+2.9%	3,4 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Stephan OTTEN	DirectorManager2019 accountsended

Ended mandates

Director	Mandates in this company	Period
Marie-Thérèse DELHEZ	Director2021 accountsAssociate2019 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/07/2026	29/07/2025	19/09/2024	24/07/2023	22/07/2022	29/07/2021
General meeting	13/06/2026	14/06/2025	08/06/2024	10/06/2023	11/06/2022	12/06/2021
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, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/06/2026	27/07/2026	French	PDF
Abridged model	31/12/2024	14/06/2025	29/07/2025	French	PDF
Abridged model	31/12/2023	08/06/2024	19/09/2024	French	PDF
Abridged model	31/12/2022	10/06/2023	24/07/2023	French	PDF
Micro model	31/12/2021	11/06/2022	22/07/2022	French	PDF
Micro model	31/12/2020	12/06/2021	29/07/2021	French	PDF
Micro model	31/12/2019	13/06/2020	01/07/2020	French	PDF
Micro model	31/12/2018	08/06/2019	25/07/2019	French	PDF
Abridged model	31/12/2017	09/06/2018	25/07/2018	French	PDF
Abridged model	31/12/2016	10/06/2017	27/07/2017	French	PDF
Abridged model	31/12/2015	11/06/2016	09/08/2016	French	PDF
Abridged model	31/12/2014	13/06/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	14/06/2014	29/07/2014	French	PDF
Abridged model	31/12/2012	08/06/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	09/06/2012	20/07/2012	French	PDF
Abridged model	31/12/2010	11/06/2011	27/07/2011	French	PDF
Abridged model	31/12/2009	12/06/2010	27/07/2010	French	PDF
Abridged model	31/12/2008	13/06/2009	06/07/2009	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Stephan OTTEN	DirectorManager2019 accountsended

Ended mandates

Director	Mandates in this company	Period
Marie-Thérèse DELHEZ	Director2021 accountsAssociate2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/03/2008
quasi-apport
PDF
Other27/12/2007
CONSTITUTION SPRL |
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Stephan OTTEN

Marie-Thérèse DELHEZ

20072008200920102011201220132014201520162017201820192020202120222023202420252026

CSO CONSTRUCT

Valeureux Champs 69, 4633 Melen

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Valeureux Champs 69, 4633 MelenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00350531

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CSO CONSTRUCTCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00350531

Events

2025
Annual accounts 202555,3 k €↑
2024
Annual accounts 202434,4 k €↑
2023
Annual accounts 202329,5 k €↓
2022
Annual accounts 202237,2 k €↑
2021
Annual accounts 202122,1 k €↓
2020
Annual accounts 202053,3 k €↑
2019
Annual accounts 201939,5 k €↑
2018
Annual accounts 20185 k €↓
2017
Annual accounts 201714,8 k €↓
2016
Annual accounts 201621 k €↑
2015
Annual accounts 201518,9 k €↑
2014
Annual accounts 201411,1 k €↑
2013
Annual accounts 20138,9 k €↓
2012
Annual accounts 201211,4 k €↓
2011
Annual accounts 201148,1 k €↑
2010
Annual accounts 20108,2 k €↑
2009
Annual accounts 20091 k €↓
2008
Annual accounts 20085,5 k €
18/12/2007
IncorporationPrivate limited company

CSO CONSTRUCT

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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