ACTIVE

ZUGRAY CONSTRUCT

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

104,7 k €

+665.5% YoY

Gross margin

114,4 k €

+534.4% YoY

Equity

247,3 k €

+73.4% YoY

What does ZUGRAY CONSTRUCT do?

ZUGRAY CONSTRUCT is a Private limited company incorporated in 2008. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Woluwe-Saint-Pierre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.456.263

Incorporation

10/06/2008

Legal form

Private limited company

Registered office

Drève de Nivelles 170 box 10
1150 Woluwe-Saint-Pierre · BruxellesSee on map

Contributed capital

10 800,00 €

Latest accounts

30/06/2025

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.43230Electrical, plumbing and other construction installation activities 43291Other construction installation

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	114,4 k €	+534%	18 k €	+99.9%	9 k €	-85.8%	63,7 k €	+62.2%	39,3 k €	-2.6%	40,3 k €	-44.9%	73,2 k €	+131%	31,6 k €	+31.0%	24,1 k €	-23.6%	31,6 k €	+5.6%	29,9 k €	+24.5%	24 k €	+16.0%	20,7 k €	-3.9%	21,5 k €	+19.5%	18 k €	-3.2%	18,6 k €
EBITDA	104,7 k €	+536%	16,5 k €	+139%	6,9 k €	-88.7%	61,2 k €	+71.3%	35,7 k €	-8.0%	38,8 k €	-44.6%	70,1 k €	+127%	30,9 k €	+28.5%	24 k €	-23.3%	31,4 k €	+7.3%	29,2 k €	+23.8%	23,6 k €	+16.6%	20,2 k €	-3.6%	21 k €	+18.7%	17,7 k €	-0.1%	17,7 k €
Operating result	103,4 k €	+558%	15,7 k €	+128%	6,9 k €	-86.0%	49,4 k €	+107%	23,9 k €	-11.5%	27 k €	-53.7%	58,2 k €	+134%	24,9 k €	+39.2%	17,9 k €	-27.5%	24,7 k €	+9.5%	22,5 k €	+93.6%	11,6 k €	-19.3%	14,4 k €	-6.2%	15,4 k €	+27.4%	12 k €	+80.8%	6,7 k €
Net result	104,7 k €	+666%	13,7 k €	-36.2%	21,4 k €	-39.3%	35,3 k €	+281%	9,3 k €	+400%	-3,1 k €	-106%	50,2 k €	+259%	14 k €	-39.4%	23,1 k €	-1.8%	23,5 k €	+287%	6,1 k €	-18.0%	7,4 k €	+3.5%	7,2 k €	+32.4%	5,4 k €	+27.4%	4,2 k €	+117%	2 k €
Balance sheet
Equity	247,3 k €	+73.4%	142,6 k €	+10.6%	128,9 k €	+19.9%	107,5 k €	+79.1%	60 k €	+18.3%	50,7 k €	-67.0%	153,8 k €	+48.4%	103,6 k €	+15.6%	89,6 k €	+34.7%	66,6 k €	+72.6%	38,6 k €	+18.7%	32,5 k €	+29.6%	25,1 k €	+40.0%	17,9 k €	+43.3%	12,5 k €	+51.4%	8,3 k €
Total assets	427,5 k €	+73.5%	246,4 k €	-9.7%	272,7 k €	+8.7%	250,9 k €	+17.7%	213,1 k €	+15.8%	184 k €	-48.3%	356,2 k €	-3.6%	369,3 k €	-31.8%	541,8 k €	+19.2%	454,6 k €	+60.3%	283,6 k €	+3.7%	273,5 k €	+70.8%	160,2 k €	+87.9%	85,2 k €	+31.2%	65 k €	+31.8%	49,3 k €
Cash	118,5 k €	+148%	47,8 k €	+147%	19,3 k €	+674%	2,5 k €	-53.8%	5,4 k €	-27.1%	7,4 k €	-2.0%	7,6 k €	-53.9%	16,4 k €	-13.9%	19,1 k €	+89.9%	10 k €	-64.5%	28,3 k €	+147%	11,4 k €	-39.7%	19 k €	+1306%	1,3 k €	+1638%	77,7 €	-96.5%	2,2 k €
Debts	180,2 k €	+107%	87,3 k €	-31.5%	127,3 k €	+0.9%	126,1 k €	-7.5%	136,4 k €	+16.8%	116,8 k €	-37.2%	185,8 k €	-25.4%	249,2 k €	-42.8%	435,7 k €	+17.2%	371,6 k €	+62.6%	228,6 k €	+1.8%	224,5 k €	+89.3%	118,6 k €	+116%	54,8 k €	+19.3%	46 k €	+16.2%	39,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

SERGIU CORETCHI

Manager

Active

Ended mandates

SERGIU CORETCCHI

Mandate

Ended

Sergiu Coretchi

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
A.C.P. DREVE NIVELLES 170● Active	0850.104.238
Dynamic Network● Active	0762.716.245
SR INVEST● Bankrupt	0886.915.441

Annual accounts

Full financial information

	2025	2024	2023	2022	2020	2019
Type of account	Abridged model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2019	01/07/2018
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2020	30/06/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	07/03/2025	07/03/2025	31/01/2023	03/06/2021	03/06/2021
General meeting	28/01/2026	30/01/2025	05/03/2025	06/12/2022	08/12/2020	10/12/2019
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	28/01/2026	30/01/2026	French	PDF
Micro model	30/06/2024	30/01/2025	07/03/2025	French	PDF
Micro modelCorrection	30/06/2023	05/03/2025	07/03/2025	French	PDF
Micro model	30/06/2023	02/12/2024	03/12/2024	French	PDF
Abridged model	30/06/2022	06/12/2022	31/01/2023	French	PDF
Abridged model	30/06/2020	08/12/2020	03/06/2021	French	PDF
Abridged model	30/06/2019	10/12/2019	03/06/2021	French	PDF
Micro model	30/06/2018	31/01/2019	27/02/2019	French	PDF
Abridged model	30/06/2017	12/12/2017	28/03/2018	French	PDF
Abridged model	30/06/2016	13/12/2016	31/01/2017	French	PDF
Abridged model	30/06/2015	10/12/2015	15/01/2016	French	PDF
Abridged model	30/06/2014	09/12/2014	12/01/2015	French	PDF
Abridged model	30/06/2013	10/12/2013	31/01/2014	French	PDF
Abridged model	30/06/2012	11/12/2012	31/01/2013	French	PDF
Abridged model	30/06/2011	13/12/2011	08/01/2012	French	PDF
Abridged model	30/06/2010	14/12/2010	29/01/2011	French	PDF
Abridged model	30/06/2009	08/12/2009	17/05/2010	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

SERGIU CORETCHI

Manager

Active

Ended mandates

SERGIU CORETCCHI

Mandate

Ended

Sergiu Coretchi

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other26/02/2026
DIVERS
PDF
Mandates28/10/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates24/11/2009
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Other19/06/2008
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 2025104,7 k €↑
2024
Annual accounts 202413,7 k €↓
2023
Annual accounts 202321,4 k €↓
2022
Annual accounts 202235,3 k €↑
2020
Annual accounts 20209,3 k €↑
2019
Annual accounts 2019-3,1 k €↓
2018
Annual accounts 201850,2 k €↑
2017
Annual accounts 201714 k €↓
2016
Annual accounts 201623,1 k €↓
2015
Annual accounts 201523,5 k €↑
2014
Annual accounts 20146,1 k €↓
2013
Annual accounts 20137,4 k €↑
2012
Annual accounts 20127,2 k €↑
2011
Annual accounts 20115,4 k €↑
2010
Annual accounts 20104,2 k €↑
2009
Annual accounts 20092 k €
10/06/2008
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

ZUGRAY CONSTRUCT

Overview

What does ZUGRAY CONSTRUCT do?

Trend over 16 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