COMMERCE CONSTRUCTION (0648.948.113): annual accounts and directors

COMMERCE CONSTRUCTION

Woluwe-Saint-Pierre ·KBO/BCE: BE 0648.948.113

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

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%

Company
COMMERCE CONSTRUCTION Woluwe-Saint-Pierre	€0.5m	5.3%	11.7%	-
WELLENE Brussels	€0.5m	-20.7%	2.3%	0
FBGO INVEST Grez-Doiceau	€0.3m	45.7%	29.2%	-
LA NUOVA CASA Ghent	€0.5m	21.5%	38.8%	-
BONNEFANT Hasselt	€1.3m	-	1.2%	-
FONCIERE ASKLEPIOS Oreye	€1.3m	53.7%	4.7%	-
KAAI WEST Brussels	€0.4m	40.0%	-15.3%	0

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
Balance sheet: assets
`20/58`	4.2m	1.3m	1.7m	2.5m	12.8m	6.1m	5.7m	20.2m	8.8m
`21/28`	227,000	645,500	792,000	1.3m	500,000	29,940	2.1m	3.4m	1.9m
`28`	227,000	645,500	792,000	1.3m	500,000	29,940	2.1m	3.4m	1.9m
`280/1`	227,000	645,500	792,000	1.3m	500,000	29,940	2.1m	3.4m	1.9m
`280`	-	-	-	-	-	-	50	50	50
`281`	227,000	645,500	792,000	1.3m	500,000	29,940	2.1m	3.4m	1.9m
`29/58`	4.0m	607,113	931,775	1.2m	12.3m	6.1m	3.6m	16.8m	6.8m
`3`	3.9m	531,054	516,382	508,397	11.4m	5.4m	3.0m	13.2m	6.4m
`30/36`	3.9m	531,054	516,382	508,397	11.4m	5.4m	3.0m	13.2m	6.4m
`32`	3.9m	531,054	516,382	508,397	11.4m	5.4m	3.0m	13.2m	6.4m
`40/41`	42,159	4,791	65,114	167,266	93,563	571,554	44,064	1.3m	270,177
`40`	2,352	4,082	65,114	127,946	93,563	571,554	481	749,990	189,424
`41`	39,807	709	0	39,320	-	-	43,582	599,197	80,752
`54/58`	8,317	5,208	324,811	549,594	870,736	37,697	471,257	2.3m	187,794
`490/1`	84,419	66,061	25,469	0	1,499	33,896	2,427	4,142	11,528
Balance sheet: equity and liabilities
`10/49`	4.2m	1.3m	1.7m	2.5m	12.8m	6.1m	5.7m	20.2m	8.8m
`10/15`	495,236	471,038	459,247	1.2m	224,751	453,977	1.8m	-17,042	17,210
`10/11`	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550
`100`	-	-	-	-	-	-	18,550	18,550	18,550
`13`	476,686	452,488	440,697	1.2m	206,201	435,427	1.8m	-	-
`130/1`	1,855	1,855	1,855	1,855	1,855	1,855	-	-	-
`130`	-	-	-	-	-	-	1,855	-	-
`1311`	1,855	1,855	1,855	1,855	1,855	1,855	-	-	-
`133`	474,831	450,633	438,842	1.2m	204,346	433,572	1.8m	-	-
`14`	-	-	-	-	-	-	-	-35,592	-1,340
`17/49`	3.7m	781,575	1.3m	1.3m	12.6m	5.6m	3.9m	20.2m	8.7m
`17`	233,616	-	-	-	0	3.4m	1.6m	1.2m	1.4m
`170/4`	233,616	-	-	-	0	3.4m	1.6m	1.2m	1.4m
`173`	-	-	-	-	0	3.0m	-	-	551,155
`174`	233,616	-	-	-	0	426,487	1.6m	1.2m	805,889
`42/48`	3.5m	781,575	1.2m	1.3m	12.6m	2.2m	2.3m	19.0m	7.4m
`42`	-	-	0	79,428	-	-	242,420	-	-
`44`	3.5m	165,587	470,401	368,755	421,666	315,602	1.5m	2.7m	1.1m
`440/4`	3.5m	165,587	470,401	368,755	421,666	315,602	1.5m	2.7m	1.1m
`46`	0	611,572	611,572	589,897	12.1m	1.8m	486,520	16.3m	6.3m
`45`	8,891	4,417	121,383	239,615	93,592	80,791	103,252	-	-
`450/3`	8,891	4,417	121,383	239,615	93,592	80,791	103,252	-	-
`47/48`	-	0	10,297	-	-	-	-	-	-
`492/3`	307	0	50,876	477	5,673	143	1,786	1,446	5,141
Income statement
`70/76A`	3.9m	18,467	503,359	6.3m	6.0m	3.4m	6.7m	6.8m	6.4m
`70`	538,961	1,650	486,737	17.1m	0	985,521	16.8m	-	-
`71`	3.3m	14,672	7,985	-10.9m	6.0m	2.4m	-10.1m	6.8m	6.4m
`74`	16,015	2,145	8,638	1,163	0	-	-	-	-
`76A`	-	-	0	21,144	-	-	-	-	-
`60/66A`	3.9m	46,986	216,562	4.9m	5.9m	3.1m	4.2m	6.8m	6.1m
`60`	3.9m	14,672	7,985	4.9m	5.9m	3.0m	4.1m	6.7m	6.0m
`600/8`	3.9m	14,672	7,985	4.9m	5.9m	3.0m	4.1m	6.7m	6.0m
`61`	16,761	26,784	206,853	75,461	66,565	72,283	94,442	72,911	74,658
`630`	-	-	-	-	-	-	-	-	851
`640/8`	998	2,049	1,724	868	868	3,201	868	348	695
`66A`	0	3,481	-	-	-	-	4,350	-	-
`9901`	28,820	-28,519	286,797	1.3m	31,628	301,900	2.6m	27,882	250,647
`75/76B`	18,357	46,069	78,748	17,007	4,530	31,526	33,621	49,873	114,490
`75`	18,357	46,069	78,748	17,007	4,530	31,526	33,621	49,873	114,490
`750`	18,357	40,592	78,748	17,007	4,530	-	341	2,546	-
`751`	0	5,477	-	-	-	31,526	33,220	46,916	114,490
`752/9`	-	-	-	-	-	-	61	411	-
`65/66B`	13,861	1,342	7,948	29,083	115,385	135,604	38,765	112,008	366,476
`65`	13,861	1,342	7,948	29,083	115,385	135,604	38,765	112,008	366,476
`650`	307	0	6,749	473	29,166	45,752	21,395	14,717	152,908
`652/9`	13,554	1,342	1,199	28,611	86,219	89,852	17,370	97,291	213,568
`9903`	33,316	16,208	357,597	1.3m	-79,227	197,823	2.6m	-34,252	-1,340
`67/77`	9,118	4,417	95,434	339,615	0	52,794	753,252	-	-
`670/3`	9,118	4,417	95,434	339,615	0	52,794	753,252	-	-
`9904`	24,198	11,791	262,163	972,333	-79,227	145,029	1.8m	-34,252	-1,340
`9905`	24,198	11,791	262,163	972,333	-79,227	145,029	1.8m	-34,252	-1,340
Appropriation of the result
`9906`	24,198	11,791	262,163	972,333	-79,227	145,029	1.8m	-35,592	-1,340
`791/2`	-	0	1.0m	0	229,227	1.5m	-	-	-
`792`	-	0	1.0m	0	229,227	1.5m	-	-	-
`691/2`	24,198	11,791	262,163	972,333	0	145,029	1.8m	-	-
`6920`	-	-	-	-	-	-	1,855	-	-
`6921`	24,198	11,791	262,163	972,333	0	145,029	1.8m	-	-
`694/7`	-	0	1.0m	0	150,000	1.5m	-	-	-
`694`	-	0	1.0m	0	150,000	1.5m	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	04-08-2026	2026-00383136	PDF
31-12-2024	full format	06-08-2025	2025-00369286	PDF
31-12-2023	full format	09-08-2024	2024-00340309	PDF
31-12-2022	full format	07-08-2023	2023-00319973	PDF
31-12-2021	full format	02-08-2022	2022-20267362	PDF
31-12-2020	full format	13-08-2021	2021-48400015	PDF
31-12-2019	full format	11-08-2020	2020-40300576	PDF
31-12-2018	full format	31-07-2019	2019-42100339	PDF
31-12-2017	full format	30-07-2018	2018-40800285	PDF

2025	2024	2023	2022	2021	2020	2019	2018	2017
-	-	-	-	-	-	-	-	251,497
-	-	-	-	-	-	-	-	-489
-	-	-	-	-	-	-	-	50
3,109	-319,603	-224,783	-321,142	833,039	-433,560	-1.8m	2.1m	-
502,159	-174,462	-281,877	-52,439	-269,577	3.8m	1.2m	-2.2m	-542,655
5.3%	-	58.9%	7.7%	-	30.6%	15.3%	-	-
11.7%	37.6%	26.6%	48.4%	1.7%	7.5%	31.7%	-0.1%	0.2%
1.14	0.78	0.77	0.96	0.98	2.71	1.54	0.88	0.93
0.04	0.10	0.34	0.56	0.08	0.29	0.22	0.19	0.06
7.55	1.66	2.75	1.07	56.17	12.40	2.15	-	-
4.9%	2.5%	57.1%	81.2%	-35.3%	31.9%	100.9%	-	-7.8%
0.6%	0.9%	15.2%	39.3%	-0.6%	2.4%	32.0%	-0.2%	0.0%
-	-	-	-	-	-	-	-	1.64
2 days	903 days	49 days	3 days	-	212 days	0 days	-	-
330 days	1458 days	799 days	27 days	26 days	38 days	130 days	144 days	66 days

Item	2025	2024	2023	2022	2021
Fee for the audit	€4,599	€5,452	€6,128	€5,730	€5,340
Other work by the auditor	€1,226	€1,429	€2,198	€1,144	€995

SOUVERAIN 25 establishment since 15-10-2019 · founded in 2019	turnover €8.5m (2025) 0736.430.730
Huawei Technologies (Belgium) establishment since 14-04-2014 · founded in 2014	49 FTE (2025) 0550.614.956
URBICOON registered office since 22-01-2014 · founded in 2014	6.5 FTE (2025) 0544.636.093
SILVER INVEST registered office since 04-11-2022 · founded in 2022 · negative equity (2025) · group URBICOON	turnover €3.0m (2025) 0793.266.295
emagine registered office since 08-04-2011 · founded in 2011	54 FTE (2025) 0835.563.443
GOPA Partners in Action for Change and Engagement establishment since 20-02-1991 · founded in 1991	42 FTE (2025) 0442.745.018
NALYS registered office since 10-02-2011 · founded in 2011	86 FTE (2025) 0833.785.967
COMMERCE INVEST registered office since 08-07-2015 · founded in 2015 · group URBICOON	total assets €16.7m (2025) 0633.637.553
PACIFICATION INVEST registered office since 27-05-2013 · founded in 2013 · group URBICOON	turnover €5.3m (2025) 0534.731.207
PACIFICATION CONSTRUCTION registered office since 29-04-2014 · founded in 2014 · group URBICOON	turnover €2.5m (2025) 0551.825.476

Port of Limburg via JEMI CONSULT, no longer at Port of Limburg · Director · deed of 04-10-2024 founded in 2019	25 FTE (2025)
PACIFICATION CONSTRUCTION via JEMI CONSULT (no longer at PACIFICATION CONSTRUCTION) and Hewi Management (no longer at PACIFICATION CONSTRUCTION) · Director (not named in the articles) · deed of 21-11-2023 founded in 2014 · group URBICOON	turnover €2.5m (2025)
Asl Jet Handling via JEMI CONSULT, no longer at Asl Jet Handling · Class B director · deed of 16-04-2020 founded in 2020 · group ASL GROUP	14 FTE (2025)

Establishment	Since	Unit number
Woluwelaan 2 registered office 1150 Woluwe-Saint-Pierre
Kerselarenlaan 15 1030 Schaerbeek	24-02-2016	2.251.551.429

Cadastral parcel	Area	Buildings	Height / floors
21019A0075/00K000	3,217 m²	1 · 1,911 m²	26.1 m · 7
21911C0140/00A012	601 m²	1 · 420 m²	24.4 m · 7

Overview

Lifetime

Key points

Equity

Turnover

Debts

Payment terms

Filings

At the same address

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on COMMERCE CONSTRUCTION

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency11.7%

Current ratio1.14

Return on assets0.6%

Filed annual accounts

Filings

Key figures and ratios

Auditor

Insights on COMMERCE CONSTRUCTION

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Shareholders

Owners 2

Network & group

Group

Belgium 18 Equity Result

Europe 1 Equity Result

At the same address

Earlier ties

Holdings through the years

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the addresses

Location

Parcels

Invoicing and payment

in euro

in euro

11.7%

1.14

0.6%