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AB-Eiffage

Active
Public limited companyfounded 1939active for 86 yearsBouwensstraat 21, 2140 Antwerpen, Belgium26 active companies are registered at this addressKBO/BCE: BE 0404.114.173

From the official registers: KBO 50 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

AB-Eiffage has been active since 1939 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.2m and a net result of €257,549. Equity is growing by about 5.1% per year across the filed financial years. Its solvency ranks better than 23% of 1,028 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, full format

Latest annual accounts filed

Annual accounts 2025

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Financial year ended
31-12-2025
Filed on
01-06-2026
Format
full format
Reference
2026-00135160
Turnover
€120.7m▲ 52.6%
2024 · €79.1m
EBIT margin
0.0%▼ 2.4pp
2024 · 2.4%
Net result
€257,549▼ 82.8%
2024 · €1.5m
Working capital
€11.4m▼ 10.3%
2024 · €12.7m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen two years in a row; 2025 is 99% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€120.7m 2025 Operating result€0.02m 2025 Net result€0.3m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€121.9m-€79.1m▼ 35.2%€98.2m▲ 24.2%€83.5m▼ 14.9%€75.8m▼ 9.2%€74.6m▼ 1.6%€79.1m▲ 6.1%€120.7m▲ 52.6%
Operating result€0.5m-€0.2m▼ 57.0%€0.3m▲ 27.9%€1.5m▲ 433%€0.7m▼ 57.0%€3.4m▲ 404%€1.9m▼ 43.3%€0.02m▼ 98.8%
Net result€0.4m-€0.04m▼ 90.0%€0.1mabove the sector's middle half▲ 136%€1.0mabove the sector's middle half▲ 958%€0.4mabove the sector's middle half▼ 59.0%€2.2mabove the sector's middle half▲ 417%€1.5mabove the sector's middle half▼ 31.4%€0.3mwithin the sector's middle half▼ 82.8%
EBIT margin0.4%-0.3%▼ 0.1pp0.3%=1.9%▲ 1.6pp0.9%▼ 1.0pp4.5%▲ 3.6pp2.4%▼ 2.1pp0.0%▼ 2.4pp
Equity€8.8m-€8.9m▲ 0.5%€9.0mabove the sector's middle half▲ 1.1%€10.0mabove the sector's middle half▲ 11.5%€10.4mabove the sector's middle half▲ 4.2%€12.6mabove the sector's middle half▲ 21.0%€12.5mabove the sector's middle half▼ 0.7%€11.2mabove the sector's middle half▼ 10.2%
Total assets€52.5m-€57.5m▲ 9.6%€49.7mabove the sector's middle half▼ 13.5%€47.3mabove the sector's middle half▼ 4.8%€49.7mabove the sector's middle half▲ 4.9%€48.2mabove the sector's middle half▼ 2.8%€59.4mabove the sector's middle half▲ 23.1%€74.7mabove the sector's middle half▲ 25.7%
Debt€42.9m-€47.9m▲ 11.7%€39.5m▼ 17.6%€36.2m▼ 8.3%€38.2m▲ 5.6%€34.6m▼ 9.5%€46.1m▲ 33.3%€62.9m▲ 36.3%
Working capital€7.2m-€7.7m▲ 6.3%€8.7mabove the sector's middle half▲ 13.1%€9.7mabove the sector's middle half▲ 10.9%€10.4mabove the sector's middle half▲ 7.9%€12.7mabove the sector's middle half▲ 22.2%€12.7mabove the sector's middle half▼ 0.3%€11.4mabove the sector's middle half▼ 10.3%
Solvency16.8%-15.4%▼ 1.4pp18.0%within the sector's middle half▲ 2.6pp21.1%within the sector's middle half▲ 3.1pp21.0%within the sector's middle half▼ 0.1pp26.1%within the sector's middle half▲ 5.1pp21.1%within the sector's middle half▼ 5.0pp15.1%below the sector's middle half▼ 6.0pp
Current ratio1.19-1.18▼ 0.011.25within the sector's middle half▲ 0.071.31within the sector's middle half▲ 0.051.31within the sector's middle half=1.42within the sector's middle half▲ 0.111.31within the sector's middle half▼ 0.121.20within the sector's middle half▼ 0.11
Return on assets (ROA)0.8%-0.1%▼ 0.7pp0.2%within the sector's middle half▲ 0.1pp2.2%within the sector's middle half▲ 2.0pp0.9%within the sector's middle half▼ 1.3pp4.5%within the sector's middle half▲ 3.7pp2.5%within the sector's middle half▼ 2.0pp0.3%within the sector's middle half▼ 2.2pp
Staff (FTE)194.7-187.5▼ 3.7%178.4above the sector's middle half▼ 4.9%168.8above the sector's middle half▼ 5.4%159.8above the sector's middle half▼ 5.3%156above the sector's middle half▼ 2.4%168.9above the sector's middle half▲ 8.3%169.8above the sector's middle half▲ 0.5%
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74.7m
Fixed assets €4.8m ▼ 5.3%
Current assets €69.9m ▲ 28.6%
Equity and liabilities €74.7m
Equity €11.2m ▼ 10.2%
Provisions €523,723 ▼ 28.9%
Debt €62.9m ▲ 36.3%
Debt's share of the balance-sheet total rises from 77.7% to 84.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€478,295▼
2024 · €2.4m
Cash flow
€712,383▼
2024 · €2.0m
Debt to equity
5.60▲
2024 · 3.69
ROE
2.3%▼
2024 · 12.0%
Interest coverage
4.06▼
2024 · 21.49
Debt ≤ 1 year
€58.5m▲
2024 · €41.6m
Debt > 1 year
€1.4m▼
2024 · €1.9m
Income taxes
€154,283▼
2024 · €742,708
Staff costs
€14.3m▲
2024 · €12.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 733 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97.4% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.0% went bankrupt
1.4% stopped otherwise
97.4% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 89 lines

Source: Annual accounts 2025 (PDF), filed with the National Bank on 01-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€59.4m€74.7m▲
Fixed assets21/28€5.1m€4.8m▼
Intangible fixed assets21€0.003m-
Tangible fixed assets22/27€5.0m€4.7m▼
Land and buildings22€0.09m€0.09m=
Furniture and vehicles24€0.1m€0.2m▲
Leasing and similar rights25€4.3m€4.0m▼
Other tangible fixed assets26€0.5m€0.4m▼
Financial fixed assets28€0.07m€0.07m=
Affiliated companies280/1€0.03m€0.03m=
Participating interests280€0.03m€0.03m=
Companies linked by participating interests282/3€0.03m€0.03m=
Participating interests282€0.03m€0.03m=
Other financial fixed assets284/8€0.01m€0.01m=
Shares284€0.005m€0.005m=
Amounts receivable and cash guarantees285/8€0.008m€0.008m=
Current assets29/58€54.3m€69.9m▲
Amounts receivable within one year40/41€37.7m€56.2m▲
Trade receivables40€20.5m€28.2m▲
Other amounts receivable41€17.1m€28.0m▲
Current investments50/53€12.0m€1.6m▼
Other investments51/53€12.0m€1.6m▼
Cash at bank and in hand54/58€3.2m€10.3m▲
Deferred charges and accrued income490/1€1.5m€1.8m▲
Equity and liabilities
Total equity and liabilities10/49€59.4m€74.7m▲
Equity10/15€12.5m€11.2m▼
Contributions10/11€8.0m€8.0m=
Capital10€8.0m€8.0m=
Issued capital100€8.0m€8.0m=
Reserves13€3.0m€3.0m▼
Non-distributable reserves130/1€1.3m€1.3m=
Legal reserve130€1.3m€1.3m=
Tax-exempt reserves132€1.7m€1.6m▼
Distributable reserves133€0.002m€0.002m=
Profit (loss) carried forward14€1.5m€0.3m▼
Provisions and deferred taxes16€0.7m€0.5m▼
Provisions for liabilities and charges160/5€0.5m€0.3m▼
Other liabilities and charges164/5€0.5m€0.3m▼
Deferred taxes168€0.2m€0.2m▼
Amounts payable17/49€46.1m€62.9m▲
Amounts payable after more than one year17€1.9m€1.4m▼
Financial debts170/4€1.9m€1.4m▼
Leasing and similar obligations172€1.9m€1.4m▼
Amounts payable within one year42/48€41.6m€58.5m▲
Current portion of amounts payable after more than one year42€0.6m€0.5m▼
Trade debts44€32.9m€44.5m▲
Suppliers440/4€32.9m€44.5m▲
Advances received on contracts in progress46€6.9m€11.1m▲
Taxes, remuneration and social security45€1.2m€2.2m▲
Taxes450/3€0.001m€0.3m▲
Remuneration and social security454/9€1.2m€1.9m▲
Other amounts payable47/48€0.01m€0.1m▲
Accrued charges and deferred income492/3€2.6m€3.1m▲
Income statement Code20242025
Operating income70/76A€82.6m€118.2m▲
Turnover70€79.1m€120.7m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€0.2m-€4.2m▼
Other operating income74€3.7m€1.7m▼
Operating charges60/66A€80.7m€118.2m▲
Goods for resale, raw materials and consumables60€55.4m€86.0m▲
Purchases600/8€55.4m-
Services and other goods61€11.8m€17.5m▲
Remuneration, social security and pensions62€12.9m€14.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.5m▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.3m-€0.2m▲
Other operating charges640/8€0.4m€0.2m▼
Operating profit (loss)9901€1.9m€0.02m▼
Financial income75/76B€0.5m-
Recurring financial income75€0.5m€0.6m▲
Income from financial fixed assets750€267€0.1m▲
Income from current assets751€0.5m€0.4m▼
Other financial income752/9€0.004m€0.001m▼
Financial charges65/66B€0.2m€0.2m▼
Recurring financial charges65€0.2m€0.2m▼
Debt charges650€0.1m€0.1m▲
Other financial charges652/9€0.08m€0.07m▼
Non-recurring financial charges66B€0.003m-
Profit (loss) for the period before taxes9903€2.2m€0.4m▼
Transfer from deferred taxes780€0.01m€0.01m=
Income taxes67/77€0.7m€0.2m▼
Taxes670/3€0.7m€0.2m▼
Tax adjustments and reversals of tax provisions77€49-
Profit (loss) for the period9904€1.5m€0.3m▼
Transfer from tax-exempt reserves789€0.03m€0.03m=
Profit (loss) for the period to be appropriated9905€1.5m€0.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.5m€1.8m▲
Profit (loss) brought forward from the previous period14P€0.001m€1.5m▲
Profit to be distributed694/7-€1.5m
Return on contributions (dividend)694-€1.5m
Social balance sheet
Average headcount (FTE)9087168.9169.8▲

The notes to these accounts (69 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line20182019202020212022202320242025Change
Operating income70/76A-€81.8m€100.6m€85.6m€75.8m€76.4m€82.6m€118.2m▲ 43.1%
Turnover70€121.9m€79.1m€98.2m€83.5m€75.8m€74.6m€79.1m€120.7m▲ 52.6%
Change in stocks of work in progress, finished goods and contracts in progress71--€0.8m€0.5m€1.0m-€2.2m-€0.3m-€0.2m-€4.2m▼ 2,465%
Other operating income74-€3.6m€1.9m€1.1m€2.2m€2.1m€3.7m€1.7m▼ 55.4%
Operating charges60/66A-€81.6m€100.3m€84.1m€75.1m€73.1m€80.7m€118.2m▲ 46.4%
Goods for resale, raw materials and consumables60-€58.1m€73.6m€61.9m€52.3m€50.2m€55.4m€86.0m▲ 55.2%
Purchases600/8---€61.9m€52.3m€50.2m€55.4m--
Services and other goods61-€10.4m€12.2m€9.0m€11.4m€10.3m€11.8m€17.5m▲ 48.9%
Remuneration, social security and pensions62-€12.7m€12.2m€11.6m€11.7m€12.6m€12.9m€14.3m▲ 10.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.5m€0.5m▼ 13.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€0.5m€1.0m€0.9m-€0.9m-€1.3m---
Provisions for liabilities and charges: additions (uses and reversals)635/8--€0.01m€0.5m-€0.1m-€0.1m€0.04m-€0.3m-€0.2m▲ 30.7%
Other operating charges640/8-€0.3m€0.2m€0.2m€0.2m€0.6m€0.4m€0.2m▼ 61.4%
Operating profit (loss)9901€0.5m€0.2m€0.3m€1.5m€0.7m€3.4m€1.9m€0.02m▼ 98.8%
Financial income75/76B---€0.03m€0.07m€0.3m€0.5m--
Recurring financial income75€0.1m€0.02m€0.02m€0.03m€0.07m€0.3m€0.5m€0.6m▲ 7.2%
Income from financial fixed assets750-€0.002m-€0.001m€0.07m€8€267€0.1m▲ 427×
Income from current assets751-€0.02m€0.02m€150€449€0.3m€0.5m€0.4m▼ 14.0%
Other financial income752/9-€0.001m€0.007m€0.03m€36€0.001m€0.004m€0.001m▼ 76.7%
Financial charges65/66B-€0.2m€0.2m€0.2m€0.2m€0.4m€0.2m€0.2m▼ 5.8%
Recurring financial charges65€0.2m€0.2m€0.2m€0.2m€0.2m€0.4m€0.2m€0.2m▼ 4.2%
Debt charges650€0.1m€0.1m€0.1m€0.1m€0.1m€0.09m€0.1m€0.1m▲ 4.4%
Other financial charges652/9-€0.07m€0.07m€0.07m€0.07m€0.3m€0.08m€0.07m▼ 16.4%
Non-recurring financial charges66B------€0.003m--
Profit (loss) for the period before taxes9903€0.4m€0.04m€0.1m€1.4m€0.5m€3.2m€2.2m€0.4m▼ 82.0%
Transfer from deferred taxes780-€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m=
Income taxes67/77€0.02m€0.007m€0.01m€0.4m€0.1m€1.1m€0.7m€0.2m▼ 79.2%
Taxes670/3-€0.02m€0.02m€0.4m€0.2m€1.1m€0.7m€0.2m▼ 79.2%
Tax adjustments and reversals of tax provisions77-€0.01m€0.002m-€0.06m€0.002m€49--
Profit (loss) for the period9904€0.4m€0.04m€0.1m€1.0m€0.4m€2.2m€1.5m€0.3m▼ 82.8%
Transfer from tax-exempt reserves789-€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m=
Transfer to tax-exempt reserves689-€0.009m-------
Profit (loss) for the period to be appropriated9905€0.4m€0.06m€0.1m€1.1m€0.5m€2.2m€1.5m€0.3m▼ 81.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€52.5m€57.5m€49.7m€47.3m€49.7m€48.2m€59.4m€74.7m▲ 25.7%
Fixed assets21/28€6.7m€6.6m€6.3m€6.1m€5.6m€5.3m€5.1m€4.8m▼ 5.3%
Intangible fixed assets21€0.02m€0.008m€0.009m€0.02m€0.01m€0.007m€0.003m--
Tangible fixed assets22/27€6.6m€6.6m€6.2m€5.9m€5.5m€5.2m€5.0m€4.7m▼ 5.3%
Land and buildings22-€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m=
Furniture and vehicles24-€0.3m€0.2m€0.2m€0.2m€0.1m€0.1m€0.2m▲ 60.2%
Leasing and similar rights25-€5.8m€5.5m€5.3m€5.0m€4.7m€4.3m€4.0m▼ 7.2%
Other tangible fixed assets26-€0.4m€0.4m€0.3m€0.3m€0.3m€0.5m€0.4m▼ 7.4%
Financial fixed assets28€0.08m€0.08m€0.08m€0.1m€0.1m€0.1m€0.07m€0.07m=
Affiliated companies280/1-€0.04m€0.04m€0.04m€0.04m€0.03m€0.03m€0.03m=
Participating interests280-€0.04m€0.04m€0.04m€0.04m€0.03m€0.03m€0.03m=
Companies linked by participating interests282/3-----€0.03m€0.03m€0.03m=
Participating interests282-----€0.03m€0.03m€0.03m=
Other financial fixed assets284/8-€0.04m€0.04m€0.06m€0.07m€0.06m€0.01m€0.01m=
Shares284-€0.03m€0.03m€0.03m€0.03m€0.03m€0.005m€0.005m=
Amounts receivable and cash guarantees285/8-€0.008m€0.008m€0.03m€0.04m€0.03m€0.008m€0.008m=
Current assets29/58€45.8m€50.9m€43.5m€41.3m€44.0m€42.9m€54.3m€69.9m▲ 28.6%
Amounts receivable within one year40/41€39.1m€42.3m€38.6m€35.9m€35.7m€40.5m€37.7m€56.2m▲ 49.1%
Trade receivables40-€30.7m€25.9m€27.9m€25.7m€20.5m€20.5m€28.2m▲ 37.1%
Other amounts receivable41-€11.5m€12.7m€8.1m€10.0m€20.0m€17.1m€28.0m▲ 63.5%
Current investments50/53---€0.01m€0.04m€0.05m€12.0m€1.6m▼ 86.6%
Other investments51/53---€0.01m€0.04m€0.05m€12.0m€1.6m▼ 86.6%
Cash at bank and in hand54/58€6.6m€8.5m€4.7m€5.3m€7.8m€1.7m€3.2m€10.3m▲ 222%
Deferred charges and accrued income490/1-€0.1m€0.1m€0.07m€0.5m€0.6m€1.5m€1.8m▲ 23.1%
Equity and liabilities
Total equity and liabilities10/49€52.5m€57.5m€49.7m€47.3m€49.7m€48.2m€59.4m€74.7m▲ 25.7%
Equity10/15€8.8m€8.9m€9.0m€10.0m€10.4m€12.6m€12.5m€11.2m▼ 10.2%
Contributions10/11€8.0m€8.0m€8.0m€8.0m€8.0m€8.0m€8.0m€8.0m=
Capital10-€8.0m€8.0m€8.0m€8.0m€8.0m€8.0m€8.0m=
Issued capital100-€8.0m€8.0m€8.0m€8.0m€8.0m€8.0m€8.0m=
Reserves13€3.1m€3.1m€3.1m€3.1m€3.0m€3.0m€3.0m€3.0m▼ 1.0%
Non-distributable reserves130/1--€1.3m€1.3m€1.3m€1.3m€1.3m€1.3m=
Legal reserve130-€1.3m€1.3m€1.3m€1.3m€1.3m€1.3m€1.3m=
Tax-exempt reserves132-€1.8m€1.8m€1.8m€1.7m€1.7m€1.7m€1.6m▼ 1.8%
Distributable reserves133-€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m=
Profit (loss) carried forward14-€2.3m-€2.3m-€2.1m-€1.1m-€0.6m€1.6m€1.5m€0.3m▼ 81.2%
Provisions and deferred taxes16€0.8m€0.8m€1.3m€1.1m€1.0m€1.0m€0.7m€0.5m▼ 28.9%
Provisions for liabilities and charges160/5-€0.5m€1.0m€0.9m€0.8m€0.8m€0.5m€0.3m▼ 39.8%
Other liabilities and charges164/5-€0.5m€1.0m€0.9m€0.8m€0.8m€0.5m€0.3m▼ 39.8%
Deferred taxes168-€0.3m€0.3m€0.3m€0.2m€0.2m€0.2m€0.2m▼ 4.4%
Amounts payable17/49€42.9m€47.9m€39.5m€36.2m€38.2m€34.6m€46.1m€62.9m▲ 36.3%
Amounts payable after more than one year17€4.3m€4.1m€3.9m€3.5m€2.9m€2.4m€1.9m€1.4m▼ 27.9%
Financial debts170/4-€4.1m€3.9m€3.5m€2.9m€2.4m€1.9m€1.4m▼ 27.9%
Leasing and similar obligations172-€4.1m€3.9m€3.5m€2.9m€2.4m€1.9m€1.4m▼ 27.9%
Amounts payable within one year42/48€38.6m€43.2m€34.8m€31.6m€33.6m€30.2m€41.6m€58.5m▲ 40.5%
Current portion of amounts payable after more than one year42-€0.7m€0.6m€0.6m€0.6m€0.6m€0.6m€0.5m▼ 7.2%
Trade debts44€29.8m€33.9m€26.3m€23.4m€23.6m€21.5m€32.9m€44.5m▲ 35.5%
Suppliers440/4-€33.9m€26.3m€23.4m€23.6m€21.5m€32.9m€44.5m▲ 35.5%
Advances received on contracts in progress46-€6.1m€6.6m€6.6m€7.8m€6.8m€6.9m€11.1m▲ 59.9%
Taxes, remuneration and social security45-€1.0m€1.0m€1.0m€1.6m€1.3m€1.2m€2.2m▲ 75.6%
Taxes450/3-€279€0.004m€0.005m€0.4m€0.007m€0.001m€0.3m▲ 243×
Remuneration and social security454/9-€1.0m€1.0m€1.0m€1.2m€1.3m€1.2m€1.9m▲ 51.3%
Other amounts payable47/48-€1.5m€0.3m€0.02m€0.003m€0.002m€0.01m€0.1m▲ 988%
Accrued charges and deferred income492/3-€0.6m€0.8m€1.1m€1.7m€2.0m€2.6m€3.1m▲ 16.6%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.4m€0.04m€0.1m€1.0m€0.4m€2.2m€1.5m€0.3m▼ 82.8%
+ Depreciation and write-downs630€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.5m€0.5m▼ 13.2%
Operating cash flow (approximation)€1.1m€0.7m€0.7m€1.6m€1.0m€2.8m€2.0m€0.7m▼ 64.8%
Investment in fixed assets (approximation)--€0.5m-€0.2m-€0.4m-€0.1m-€0.3m-€0.3m-€0.2m▲ 32.6%
Change in cash-€1.9m-€3.7m€0.5m€2.5m-€6.1m€1.5m€7.1m▲ 374%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 50 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 01-06-2026 2026-00135160 PDF
31-12-2024 full format 20-05-2025 2025-00107926 PDF
31-12-2023 full format 24-09-2024 2024-00474218 PDF
31-12-2022 full format 14-06-2023 2023-00139860 PDF
31-12-2021 full format 14-06-2022 2022-20068085 PDF
31-12-2020 full format 09-06-2021 2021-19700450 PDF
31-12-2019 full format 29-06-2020 2020-24200354 PDF
31-12-2018 full format 20-06-2019 2019-22400097 PDF
31-12-2017 full format 28-05-2018 2018-15000425 PDF
31-12-2016 full format 22-05-2017 2017-12800024 PDF

Show all 50 filings

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Subsidies and aid

Flemish government

2022 to 2024 · 3 entries · €4,686 awarded · €4,686 paid
Year Entries AwardedPaid
2024 1 €1,704€1,704
2023 1 €2,641€2,641
2022 1 €341€341
Schemes
3 entries · €4,686 · €4,686 paid · Departement Werk en Sociale Economie

Public contracts

4 awards · 2022 to 2025
Logistiek Centrum Infrabel Brugge. Bouwen van een sanitair- en sociaal gebouw en verbouwen van een bestaand logistiek gebouw met heraanleg van de buitenomgeving en parking. Bouwen van een nieuw en slopen van het bestaande tractieonderstation.: 57/54/3/21/046 - Logistiek Centrum Infrastructuur Brugge. Bouwen van een sanitair- en sociaal gebouw en verbouwen van een bestaand logistiek gebouw met heraanleg van de buitenomgeving en parking. Bouwen van een nieuw en slopen van het bestaande tractieonderstation.
buyer: Infrabel nvConstruction workawarded 11-06-2025€8.6m1 tenderTED 443326-2025
ZNA Jan Palfijn - Nieuwbouw voorbouw: wind- en waterdichte ruwbouw en aanleg BEO veld incl. aanleveren as-built dossier
buyer: Ziekenhuis aan de Stroom (ZAS) vzwConstruction workawarded 05-07-2024€17.1m7 tendersTED 479378-2024
Huidige opdracht heeft als voorwerp het uitvoeren van de gesloten ruwbouw voor het project “GZA Sint Augustinus NICU/Fertiliteit ” in campus Sint Augustinus te Wilrijk - Antwerpen die deel uitmaken van de aanbestedende overheid.
buyer: GasthuisZusters Antwerpen vzwConstruction workpublished 26-03-2024€5.4m6 tendersTED 180789-2024
BOUWPROJECT RITCS@KAAI
buyer: Erasmushogeschool BrusselConstruction workawarded 10-10-2022€10.0m2 tendersTED 589719-2022

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.