BL Construct
Annual accounts 2025
abbreviated format, filed on 06-10-2026, 67 days late€132,285
▲ 11.4%
€5,582
▼ 73.2%
€9,778
▲ 204%
€80,795
▲ 2.7%
77.6%
▲ 4.5 percentage points
3.98
▲ 0.44
The turnover shown is an estimate from the gross margin.
Turnover ≈ €470,000. Estimated: probably between €320,000 and €730,000.
Balance sheet
balance sheet total €121,078 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
77.6%
Higher than 86% of 2,818 companies in 2025.
3.98
Higher than 83% of 2,746 companies in 2025.
8.1%
Higher than 65% of 2,782 companies in 2025.
BL Construct
Middle half of the sector
80% of the sector
Abbreviated accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
121,078 | 115,230 | 111,314 | 92,543 | 71,115 | 93,985 | 74,744 | 67,396 | 77,393 | 84,250 | 47,292 | 73,815 | 62,462 | |
21/28 |
13,129 | 5,456 | 7,646 | 10,073 | 11,752 | 10,147 | 16,168 | 17,668 | 17,666 | 8,998 | 12,714 | 18,071 | 20,527 | |
22/27 |
13,129 | 5,456 | 7,646 | 10,073 | 11,752 | 10,147 | 16,168 | 17,668 | 17,666 | 4,684 | 8,400 | 13,757 | 16,213 | |
23 |
6,110 | 879 | 992 | 2,180 | 2,972 | 4,870 | 6,767 | 3,288 | - | - | 59 | 741 | 920 | |
24 |
7,018 | 4,577 | 6,654 | 7,893 | 8,780 | 5,277 | 9,402 | 14,380 | 17,666 | 4,684 | 8,340 | 13,016 | 15,293 | |
28 |
- | - | - | - | - | - | - | - | - | 4,314 | 4,314 | 4,314 | 4,314 | |
29/58 |
107,949 | 109,774 | 103,667 | 82,469 | 59,363 | 83,838 | 58,575 | 49,728 | 59,728 | 75,252 | 34,579 | 55,745 | 41,935 | |
3 |
18,000 | 18,000 | 2,500 | 17,000 | 5,000 | 11,049 | 10,125 | 16,429 | 24,704 | 35,000 | 9,500 | 12,000 | - | |
30/36 |
18,000 | 18,000 | 2,500 | 17,000 | 5,000 | 11,049 | 10,125 | 16,429 | 24,704 | 35,000 | 9,500 | 12,000 | - | |
40/41 |
30,175 | 36,663 | 7,685 | 13,629 | 12,637 | 1,706 | 37,076 | 16,040 | 32,143 | 2,936 | 11,504 | 25,588 | 26,872 | |
40 |
5,356 | 17,973 | 6,157 | 7,116 | 8,822 | - | 32,267 | 15,404 | 29,840 | 2,123 | 5,088 | 21,849 | 22,241 | |
41 |
24,819 | 18,690 | 1,528 | 6,512 | 3,815 | 1,706 | 4,809 | 636 | 2,303 | 813 | 6,416 | 3,738 | 4,631 | |
54/58 |
59,774 | 50,267 | 93,483 | 51,841 | 41,725 | 71,083 | 11,374 | 15,255 | 1,143 | 34,118 | 13,575 | 18,157 | 15,063 | |
490/1 |
- | 4,844 | - | - | - | - | - | 2,004 | 1,738 | 3,198 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
121,078 | 115,230 | 111,314 | 92,543 | 71,115 | 93,985 | 74,744 | 67,396 | 77,393 | 84,250 | 47,292 | 73,815 | 62,462 | |
10/15 |
93,924 | 84,146 | 95,933 | 63,144 | 66,704 | 51,925 | 41,249 | 37,218 | 29,117 | 42,598 | 36,364 | 35,273 | 20,254 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | |
101 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
14 |
85,864 | 76,086 | 87,873 | 55,084 | 58,644 | 43,865 | 33,189 | 29,158 | 21,057 | 34,538 | 30,164 | 29,073 | 14,054 | |
17/49 |
27,154 | 31,084 | 15,380 | 29,399 | 4,411 | 42,060 | 33,495 | 30,178 | 48,276 | 41,652 | 10,929 | 38,542 | 42,208 | |
17 |
- | - | - | - | - | - | - | 7,367 | 13,163 | 336 | 4,284 | 8,086 | 11,746 | |
170/4 |
- | - | - | - | - | - | - | 7,367 | 13,163 | 336 | 4,284 | 8,086 | 11,746 | |
42/48 |
27,154 | 31,084 | 15,380 | 29,399 | 4,411 | 42,060 | 33,495 | 22,811 | 35,113 | 41,316 | 6,644 | 30,456 | 30,462 | |
42 |
- | - | - | - | - | 4,000 | 7,367 | 5,796 | 6,046 | 3,948 | 3,802 | 3,660 | 3,811 | |
44 |
21,918 | - | 2,595 | 17,390 | - | 18,108 | 19,096 | 13,724 | 23,770 | 21,694 | - | 18,562 | 16,911 | |
440/4 |
21,918 | - | 2,595 | 17,390 | - | 15,499 | 19,096 | 13,724 | 23,770 | 21,694 | - | 18,562 | 16,911 | |
441 |
- | - | - | - | - | 2,609 | - | - | - | - | - | - | - | |
45 |
5,235 | 20,584 | 10,623 | 12,009 | 4,411 | 19,565 | 6,251 | 967 | 1,714 | 11,450 | 1,447 | 6,838 | 8,785 | |
450/3 |
5,235 | 20,584 | 10,623 | 9,909 | 4,411 | 11,281 | 2,885 | 967 | 392 | 11,450 | 1,447 | 6,838 | 7,150 | |
454/9 |
- | - | - | 2,100 | - | 8,283 | 3,366 | - | 1,322 | - | - | - | 1,635 | |
47/48 |
- | 10,500 | 2,162 | - | - | 388 | 780 | 2,325 | 3,583 | 4,224 | 1,396 | 1,396 | 955 | |
| Income statement | ||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | 1,356 | - | - | - | |
9900 |
132,285 | 118,789 | 109,519 | 94,681 | 120,598 | 92,027 | 88,574 | 81,885 | 52,903 | 74,617 | 46,812 | 90,863 | 40,398 | |
62 |
111,072 | 85,651 | 56,011 | 89,746 | 93,763 | 67,875 | 71,352 | 60,236 | 54,328 | 55,209 | 34,259 | 60,178 | 9,010 | |
630 |
2,324 | 3,167 | 5,439 | 5,307 | 7,519 | 6,885 | 6,875 | 5,800 | 7,344 | 4,865 | 5,357 | 5,437 | 5,646 | |
640/8 |
11,704 | 8,150 | 1,193 | 1,563 | 1,603 | 1,820 | 1,907 | 2,825 | 2,549 | 2,125 | 2,272 | 2,134 | 3,362 | |
66A |
1,603 | 1,001 | 3,176 | 779 | 405 | 210 | - | 2,964 | - | 277 | 3,278 | 520 | 412 | |
9901 |
5,582 | 20,820 | 43,700 | -2,714 | 17,308 | 15,237 | 8,439 | 10,059 | -11,319 | 12,141 | 4,925 | 23,114 | 22,380 | |
75/76B |
- | 1,250 | - | - | - | 193 | 16 | 4 | 4 | 237 | 26 | 20 | 52 | |
75 |
- | 1,250 | - | - | - | 193 | 16 | 4 | 4 | 237 | 26 | 20 | 52 | |
65/66B |
765 | 245 | 315 | 221 | 211 | 213 | 1,540 | 964 | 1,775 | 456 | 582 | 766 | 816 | |
65 |
765 | 245 | 315 | 221 | 211 | 213 | 1,540 | 964 | 1,775 | 456 | 582 | 766 | 816 | |
9903 |
4,817 | 21,824 | 43,385 | -2,936 | 17,097 | 15,216 | 6,916 | 9,099 | -13,089 | 11,922 | 1,090 | 21,848 | 21,204 | |
67/77 |
-4,961 | 18,612 | 10,595 | 625 | 2,317 | 4,540 | 2,885 | 997 | 392 | 5,688 | - | 6,829 | 7,150 | |
9904 |
9,778 | 3,213 | 32,789 | -3,561 | 14,780 | 10,676 | 4,031 | 8,101 | -13,481 | 6,234 | 1,090 | 15,019 | 14,054 | |
9905 |
9,778 | 3,213 | 32,789 | -3,561 | 14,780 | 10,676 | 4,031 | 8,101 | -13,481 | 6,234 | 1,090 | 15,019 | 14,054 | |
| Appropriation of the result | ||||||||||||||
9906 |
85,864 | 91,086 | 87,873 | 55,084 | 58,644 | 43,865 | 33,189 | 29,158 | 21,057 | 36,398 | 30,164 | 29,073 | 14,054 | |
14P |
76,086 | 87,873 | 55,084 | 58,644 | 43,865 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 1,860 | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | 1,860 | - | - | - | |
694/7 |
- | 15,000 | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | 15,000 | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||
9087 |
- | - | - | - | - | - | 2 | 2 | 2.5 | 3.1 | - | 1 | - | |
Hours worked1013 |
- | - | - | - | - | - | 2,525 | 2,344 | 2,360 | 3,032 | - | 2,500 | - | |
| Document | ||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 67 days after the deadline. Filed on 6 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00552049.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 06-10-2026 | 2026-00552049 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00430627 | |
| 31-12-2023 | full format | 28-09-2024 | 2024-00485980 | |
| 31-12-2022 | full format | 03-07-2023 | 2023-00189715 | |
| 31-12-2021 | micro format | 26-09-2022 | 2022-20437484 | |
| 31-12-2020 | micro format | 12-01-2022 | 2022-00800222 | |
| 31-12-2019 | micro format | 23-09-2020 | 2020-55200070 | |
| 31-12-2018 | micro format | 10-09-2019 | 2019-64300290 | |
| 31-12-2017 | micro format | 07-12-2018 | 2018-74000599 | |
| 31-12-2016 | micro format | 08-08-2017 | 2017-42600454 | |
| 31-12-2015 | full format | 21-09-2016 | 2016-60700256 | |
| 31-12-2014 | full format | 26-05-2015 | 2015-13200381 | |
| 31-12-2013 | full format | 22-08-2014 | 2014-48600460 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7,906 | 23,987 | 49,139 | 2,592 | 24,827 | 22,122 | 15,314 | 15,859 | -3,975 | 17,006 | 10,282 | 28,550 | 28,026 | ||
| 12,102 | 6,379 | 38,228 | 1,746 | 22,298 | 17,561 | 10,906 | 13,902 | -6,137 | 11,099 | 6,447 | 20,456 | 19,700 | ||
| 7,900 | 1,183 | 3,012 | 3,627 | 9,124 | 864 | 5,376 | 5,803 | 26,651 | 1,149 | 0 | 2,980 | 26,173 | ||
| 9,507 | -43,216 | 41,642 | 10,115 | -29,358 | 59,709 | -3,881 | 14,112 | -32,975 | 20,544 | -4,582 | 3,094 | - | ||
| 80,795 | 78,690 | 88,287 | 53,071 | 54,952 | 41,778 | 25,081 | 26,917 | 24,614 | 33,936 | 27,934 | 25,289 | 11,473 | ||
| 77.6% | 73.0% | 86.2% | 68.2% | 93.8% | 55.2% | 55.2% | 55.2% | 37.6% | 50.6% | 76.9% | 47.8% | 32.4% | ||
| 3.98 | 3.53 | 6.74 | 2.81 | 13.46 | 1.99 | 1.75 | 2.18 | 1.70 | 1.82 | 5.20 | 1.83 | 1.38 | ||
| 3.31 | 2.95 | 6.58 | 2.23 | 12.33 | 1.73 | 1.45 | 1.46 | 1.00 | 0.97 | 3.77 | 1.44 | 1.38 | ||
| 0.29 | 0.37 | 0.16 | 0.47 | 0.07 | 0.81 | 0.81 | 0.81 | 1.66 | 0.98 | 0.30 | 1.09 | 2.08 | ||
| 10.4% | 3.8% | 34.2% | -5.6% | 22.2% | 20.6% | 9.8% | 21.8% | -46.3% | 14.6% | 3.0% | 42.6% | 69.4% | ||
| 8.1% | 2.8% | 29.5% | -3.8% | 20.8% | 11.4% | 5.4% | 12.0% | -17.4% | 7.4% | 2.3% | 20.3% | 22.5% | ||
| 10.34 | 97.72 | over 100 | 11.72 | over 100 | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,900 | €1,183 | €3,012 | €3,627 | €9,124 |
| €2,324 | €3,167 | €5,439 | €5,307 | €7,519 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BL Construct
The operating result for 2025 is 73% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 27.0% to 22.4%. Equity is higher and debt is lower.