DB-CONSTRUCT
Annual accounts 2025
micro format, filed on 26-06-2026, 35 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €170,000 and €410,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €688,602 on 31-12-2025in euro
in euro
Position in the sector
31.7%
Higher than 33% of 37,240 companies in 2025.
0.48
Higher than 7% of 36,534 companies in 2025.
2.5%
Higher than 35% of 36,769 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
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 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
688,602 | 671,873 | 700,422 | 738,664 | 298,727 | 316,618 | 326,670 | 378,178 | 315,237 | 299,907 | 364,018 | 310,444 | 384,899 | 371,267 | 493,610 | 318,564 | 264,716 | |
21/28 |
488,268 | 507,562 | 529,628 | 534,562 | 11,669 | 411 | 578 | 1,120 | 1,404 | 2,712 | 5,170 | 6,235 | 7,296 | 26,528 | 51,795 | 48,729 | 28,125 | |
22/27 |
488,268 | 507,562 | 529,628 | 534,562 | 11,425 | 167 | 333 | 875 | 1,159 | 2,468 | 4,925 | 5,990 | 7,052 | 26,284 | 51,550 | 48,485 | 27,881 | |
22 |
487,314 | 504,125 | 520,935 | 521,464 | 4,729 | - | 0 | 0 | 0 | 0 | 0 | 0 | 436 | 872 | 15,807 | 18,979 | - | |
23 |
170 | 1,801 | 3,433 | 5,064 | 6,696 | - | - | - | 596 | 1,342 | 2,236 | 1,738 | 3,326 | 5,800 | 10,257 | 14,165 | 11,600 | |
24 |
783 | 1,636 | 5,260 | 8,033 | - | 167 | 333 | 875 | 563 | 1,126 | 2,689 | 4,252 | 3,290 | 19,611 | 25,486 | 15,341 | 16,281 | |
28 |
- | - | - | - | 245 | 245 | 245 | 245 | 245 | 245 | 245 | 245 | 245 | 245 | 245 | 244 | 244 | |
29/58 |
200,334 | 164,311 | 170,794 | 204,102 | 287,058 | 316,207 | 326,092 | 377,059 | 313,833 | 297,195 | 358,849 | 304,209 | 377,603 | 344,739 | 441,816 | 269,835 | 236,591 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 32,174 | 51,548 | - | - | - | 13,542 | |
37 |
- | - | - | - | - | - | - | - | - | - | - | 32,174 | 51,548 | - | - | - | 13,542 | |
40/41 |
139,608 | 73,160 | 84,574 | 96,764 | 167,801 | 133,249 | 161,783 | 293,190 | 241,496 | 125,932 | 224,999 | 228,490 | 236,701 | 275,174 | 400,067 | 211,564 | 142,324 | |
40 |
108,624 | 73,009 | 73,731 | 91,876 | 160,837 | 95,230 | 147,926 | 241,192 | 226,321 | 123,891 | 190,468 | 166,427 | 217,875 | 256,775 | 364,286 | 193,708 | 125,857 | |
41 |
30,984 | 151 | 10,843 | 4,888 | 6,964 | 38,019 | 13,857 | 51,998 | 15,175 | 2,040 | 34,531 | 62,063 | 18,826 | 18,399 | 35,781 | 17,856 | 16,467 | |
54/58 |
60,613 | 89,451 | 86,116 | 95,856 | 118,373 | 182,177 | 158,167 | 83,088 | 72,337 | 171,263 | 123,740 | 32,586 | 89,038 | 62,881 | 32,090 | 51,468 | 79,037 | |
490/1 |
113 | 1,700 | 104 | 11,482 | 884 | 780 | 6,142 | 780 | - | - | 10,110 | 10,960 | 315 | 6,684 | 9,659 | 6,803 | 1,688 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
688,602 | 671,873 | 700,422 | 738,664 | 298,727 | 316,618 | 326,670 | 378,178 | 315,237 | 299,907 | 364,018 | 310,444 | 384,899 | 371,267 | 493,610 | 318,564 | 264,716 | |
10/15 |
218,550 | 201,651 | 228,546 | 252,000 | 248,487 | 284,061 | 267,884 | 265,423 | 204,938 | 205,957 | 197,543 | 173,790 | 168,310 | 129,661 | 101,471 | 86,990 | 57,851 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
198,550 | 181,651 | 208,546 | 232,000 | 228,487 | 264,061 | 247,884 | 245,423 | 184,938 | 185,957 | 177,000 | 152,000 | 142,000 | 102,000 | 77,000 | 2,000 | 1,893 | |
130/1 |
- | - | - | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,893 | |
1311 |
- | - | - | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
198,550 | 181,651 | 208,546 | 230,000 | 226,487 | 262,061 | 245,884 | 243,423 | 182,938 | 183,957 | 175,000 | 150,000 | 140,000 | 100,000 | 75,000 | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | 543 | 1,790 | 6,310 | 7,661 | 4,471 | 64,990 | 35,958 | |
17/49 |
470,052 | 470,222 | 471,877 | 486,663 | 50,240 | 32,557 | 58,786 | 112,755 | 110,299 | 93,951 | 166,475 | 136,654 | 216,589 | 241,606 | 392,139 | 231,574 | 206,865 | |
17 |
50,000 | 468,500 | 468,500 | 468,500 | 50,000 | - | - | - | - | - | - | - | - | 11,584 | 25,483 | 39,383 | 64,304 | |
170/4 |
50,000 | 468,500 | 468,500 | 468,500 | 50,000 | - | - | - | - | - | - | - | - | 11,584 | 25,483 | 39,383 | 64,304 | |
42/48 |
420,052 | 1,722 | 3,377 | 18,163 | - | 25,131 | 58,786 | 112,673 | 92,519 | 93,951 | 166,475 | 133,506 | 216,589 | 229,912 | 366,655 | 192,191 | 142,561 | |
42 |
418,500 | - | - | - | - | - | - | - | - | - | 75,000 | - | 86,584 | 113,900 | 163,900 | 90,747 | 77,879 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 540 | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 540 | - | |
44 |
0 | 1,722 | 3,377 | 18,163 | - | 18,293 | 44,345 | 104,939 | 90,518 | 89,263 | 80,218 | 116,745 | 107,622 | 99,480 | 162,997 | 74,616 | 46,400 | |
440/4 |
0 | 1,722 | 3,377 | 18,163 | - | 18,293 | 44,345 | 104,939 | 90,518 | 89,263 | 80,218 | 116,745 | 107,622 | 99,480 | 162,997 | 74,616 | 46,400 | |
45 |
1,440 | 0 | 0 | 0 | - | 6,838 | 13,488 | 7,081 | 1,348 | 3,752 | 163 | 5,462 | 1,720 | 4,741 | 33,697 | 21,688 | 16,244 | |
450/3 |
1,440 | - | - | - | - | 5,413 | 2,100 | 4,864 | 1,348 | 3,752 | 163 | 254 | 751 | 3,574 | 23,990 | 17,986 | 16,244 | |
454/9 |
0 | 0 | 0 | 0 | - | 1,425 | 11,388 | 2,217 | - | - | - | 5,208 | 968 | 1,167 | 9,707 | 3,702 | - | |
47/48 |
112 | - | - | - | - | - | 953 | 653 | 653 | 936 | 11,094 | 11,299 | 20,664 | 11,791 | 6,062 | 4,600 | 2,038 | |
492/3 |
- | 0 | - | - | 240 | 7,425 | - | 83 | 17,780 | - | - | 3,148 | - | 110 | - | - | 0 | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.6m | - | - | |
76A |
- | - | - | - | - | 500 | - | - | - | 220 | - | 1,000 | 182 | - | - | - | - | |
9900 |
64,788 | 22,238 | 10,111 | 25,105 | -6,350 | 32,816 | 93,284 | 141,784 | 6,046 | 44,360 | 94,178 | 74,862 | 126,438 | 283,212 | 287,896 | 236,238 | 74,251 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.3m | - | - | |
62 |
381 | 201 | 359 | 326 | 1,049 | 4,291 | 82,711 | 23,397 | 704 | 4,948 | 47,133 | 51,346 | 47,679 | 197,696 | 237,160 | 126,020 | 7,193 | |
630 |
20,159 | 22,066 | 21,467 | 15,504 | 1,482 | 167 | 1,042 | 2,034 | 1,308 | 2,458 | 3,110 | 3,876 | 12,206 | 19,671 | 19,498 | 15,817 | 7,101 | |
631/4 |
6,742 | - | - | - | - | - | - | 28,328 | - | - | - | - | - | - | -14,920 | 23,470 | - | |
640/8 |
911 | 884 | 959 | 821 | 566 | 1,012 | 2,777 | 782 | 1,410 | 21,574 | 3,887 | 781 | 572 | 5,312 | 14,250 | 7,465 | 423 | |
66A |
- | - | - | - | 167 | - | - | - | - | - | - | 4,054 | 8,417 | 12,525 | - | 8,638 | - | |
9901 |
36,595 | -913 | -12,674 | 8,454 | -9,613 | 27,347 | 6,754 | 87,243 | 2,623 | 15,381 | 40,048 | 18,858 | 65,981 | 60,534 | 31,909 | 63,466 | 59,534 | |
75/76B |
6,856 | - | - | 211 | 1 | - | - | 48 | - | 85 | 825 | 26 | 8,031 | 4,279 | 183 | 355 | 2 | |
75 |
6,856 | - | - | 211 | 1 | - | - | 48 | - | 85 | 825 | 26 | 8,031 | 4,279 | 183 | 355 | 2 | |
65/66B |
24,862 | 25,982 | 10,781 | 4,204 | 546 | 754 | 1,033 | 1,942 | 2,294 | 1,857 | 5,061 | 6,422 | 8,310 | 12,861 | 11,812 | 8,406 | 5,441 | |
65 |
24,862 | 25,982 | 10,781 | 4,204 | 546 | 754 | 1,033 | 1,942 | 2,294 | 1,857 | 5,061 | 6,422 | 8,310 | 12,861 | 11,812 | 8,406 | 5,441 | |
9903 |
18,589 | -26,895 | -23,455 | 4,461 | -10,158 | 26,593 | 5,721 | 85,349 | 330 | 13,608 | 35,812 | 9,408 | 57,467 | 39,426 | 20,279 | 46,777 | 54,095 | |
67/77 |
1,690 | - | 0 | 948 | 416 | 10,416 | 3,259 | 24,864 | 1,348 | 5,195 | 12,059 | 3,927 | 18,818 | 11,237 | 5,798 | 17,638 | 16,244 | |
9904 |
16,899 | -26,895 | -23,455 | 3,513 | -10,574 | 16,177 | 2,461 | 60,485 | -1,018 | 8,413 | 23,753 | 5,480 | 38,649 | 28,189 | 14,481 | 29,139 | 37,851 | |
9905 |
16,899 | -26,895 | -23,455 | 3,513 | -10,574 | 16,177 | 2,461 | 60,485 | -1,018 | 8,413 | 23,753 | 5,480 | 38,649 | 28,189 | 14,481 | 29,139 | 37,851 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
16,899 | -26,895 | -23,455 | 3,513 | -10,574 | 16,177 | 2,461 | 60,485 | -1,018 | 8,957 | 25,543 | 11,790 | 46,310 | 32,661 | 79,471 | 65,097 | 37,851 | |
791/2 |
- | 26,895 | 23,455 | - | 35,574 | - | - | - | 1,018 | - | - | - | - | - | - | - | - | |
691/2 |
16,899 | - | - | 3,513 | - | 16,177 | 2,461 | 60,485 | - | 8,957 | 25,000 | 10,000 | 40,000 | 25,000 | 75,000 | 107 | 1,893 | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 107 | 1,893 | |
6921 |
16,899 | - | - | 3,513 | - | 16,177 | 2,461 | 60,485 | - | 8,957 | 25,000 | 10,000 | 40,000 | 25,000 | 75,000 | - | - | |
694/7 |
- | - | - | - | 25,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | - | - | 25,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | 0 | - | - | - | - | 1 | 0.3 | - | - | 1.8 | 2 | 2 | 7 | 7.5 | 5.2 | 0.5 | |
Hours worked1013 |
- | - | - | - | - | - | 1,736 | 480 | - | - | 1,488 | 1,748 | 1,898 | 7,744 | 8,520 | 4,714 | 220 | |
| Document | ||||||||||||||||||
The notes to these accounts have 7 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 26-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00201452 | |
| 31-12-2024 | abbreviated format | 28-05-2025 | 2025-00108405 | |
| 31-12-2023 | abbreviated format | 27-05-2024 | 2024-00096543 | |
| 31-12-2022 | abbreviated format | 07-07-2023 | 2023-00212630 | |
| 31-12-2021 | abbreviated format | 23-06-2022 | 2022-20085056 | |
| 31-12-2020 | micro format | 29-06-2021 | 2021-25900481 | |
| 31-12-2019 | micro format | 09-07-2020 | 2020-27700044 | |
| 31-12-2018 | micro format | 28-06-2019 | 2019-23800558 | |
| 31-12-2017 | micro format | 02-07-2018 | 2018-28200350 | |
| 31-12-2016 | micro format | 19-06-2017 | 2017-17900442 | |
| 31-12-2015 | abbreviated format | 04-07-2016 | 2016-25900297 | |
| 31-12-2014 | abbreviated format | 14-07-2015 | 2015-29700487 | |
| 31-12-2013 | abbreviated format | 25-06-2014 | 2014-20600374 | |
| 31-12-2012 | abbreviated format | 18-07-2013 | 2013-31400556 | |
| 31-12-2011 | abbreviated format | 18-07-2012 | 2012-30300257 | |
| 31-12-2010 | abbreviated format | 20-06-2011 | 2011-18100242 | |
| 31-12-2009 | abbreviated format | 21-06-2010 | 2010-19800422 |
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 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 56,754 | 21,153 | 8,794 | 23,958 | -8,131 | 27,514 | 7,795 | 89,277 | 3,932 | 17,839 | 43,158 | 22,735 | 78,187 | 80,205 | 51,406 | 79,283 | 66,635 | ||
| 37,058 | -4,829 | -1,987 | 19,017 | -9,091 | 16,343 | 3,503 | 62,519 | 290 | 10,871 | 26,863 | 9,357 | 50,855 | 47,860 | 33,979 | 44,956 | 44,952 | ||
| 865 | 0 | 16,534 | 538,640 | 12,907 | -0 | 500 | 1,750 | 0 | 0 | 3,727 | 8,196 | 4,284 | 7,095 | 22,562 | 45,886 | 35,226 | ||
| -28,838 | 3,335 | -9,740 | -22,517 | -63,804 | 24,010 | 75,079 | 10,752 | -98,927 | 47,523 | 91,155 | -56,453 | 26,157 | 30,791 | -19,378 | -27,569 | - | ||
| -219,718 | 162,589 | 167,418 | 185,939 | - | 291,075 | 267,307 | 264,386 | 221,314 | 203,244 | 192,374 | 170,703 | 161,014 | 114,827 | 75,160 | 77,644 | 94,030 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.1% | - | - | ||
| 31.7% | 30.0% | 32.6% | 34.1% | 83.2% | 89.7% | 82.0% | 70.2% | 65.0% | 68.7% | 54.3% | 56.0% | 43.7% | 34.9% | 20.6% | 27.3% | 21.9% | ||
| 0.48 | 95.43 | 50.58 | 11.24 | - | 12.58 | 5.55 | 3.35 | 3.39 | 3.16 | 2.16 | 2.28 | 1.74 | 1.50 | 1.20 | 1.40 | 1.66 | ||
| 0.48 | 95.43 | 50.58 | 11.24 | - | 12.58 | 5.55 | 3.35 | 3.39 | 3.16 | 2.16 | 2.04 | 1.51 | 1.50 | 1.20 | 1.40 | 1.56 | ||
| 2.15 | 2.33 | 2.06 | 1.93 | 0.20 | 0.11 | 0.22 | 0.42 | 0.54 | 0.46 | 0.84 | 0.79 | 1.29 | 1.86 | 3.86 | 2.66 | 3.58 | ||
| 7.7% | -13.3% | -10.3% | 1.4% | -4.3% | 5.7% | 0.9% | 22.8% | -0.5% | 4.1% | 12.0% | 3.2% | 23.0% | 21.7% | 14.3% | 33.5% | 65.4% | ||
| 2.5% | -4.0% | -3.3% | 0.5% | -3.5% | 5.1% | 0.8% | 16.0% | -0.3% | 2.8% | 6.5% | 1.8% | 10.0% | 7.6% | 2.9% | 9.1% | 14.3% | ||
| 2.28 | 0.81 | 0.82 | 5.70 | -14.89 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 85 days | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 47 days | - | - |
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 | €865 | - | €16,534 | €538,640 | €12,907 |
| €20,159 | €22,066 | €21,467 | €15,504 | €1,482 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DB-CONSTRUCT
The operating result for 2025 is a profit of €36,595, after a loss of €913 in 2024. It is the highest result since 2018.
Debt's share of the balance-sheet total falls from 70.0% to 68.3%. Equity is higher.