DERDE CONSTRUCT

Active Public limited companyfounded 1995active for 31 yearsMeerbos 4A, 9260 WichelenKBO/BCE: BE 0455.526.252 #3 employer in Wichelen

DERDE CONSTRUCT

Financial year 2025

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Annual accounts 2025

full format, filed on 01-07-2026, 30 days before the deadline

€2.2m

▲ 3.0%

€378,109

▲ 0.2%

€304,081

▲ 1.6%

€745,483

▼ 17.1%

57.4%

▲ 0.4 percentage points

2.13

▼ 0.21

The turnover shown is an estimate from the gross margin.

Turnover ≈ €6.1m. Estimated: probably between €4.7m and €8.1m.

In the rankings #3 employer in Wichelen #4 company by equity in Wichelen, Construction sector #5 company by total assets in Wichelen, Construction sector

Balance sheet

balance sheet total €2.1m on 31-12-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

57.4%

Higher than 69% of 2,463 companies in 2025.

2.13

Higher than 64% of 2,436 companies in 2025.

14.8%

Higher than 83% of 2,454 companies in 2025.

DERDE CONSTRUCT Middle half of the sector 80% of the sector Full accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€64,577

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 6 people joined and 5 left. Training hours in 2025: 664.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	2.1m	2.1m	2.0m	1.9m	1.5m	1.3m	1.5m	1.5m	1.3m	1.5m	1.4m	1.1m	1.0m	1.1m	930,029	934,199	1.1m	675,752	426,616	561,898
`21/28`	645,465	553,240	517,128	588,302	459,801	373,895	409,109	423,891	520,489	562,005	630,286	606,252	505,247	535,913	498,374	459,552	503,897	57,852	101,750	133,634
`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	10,000	-	-	-	-	-
`22/27`	615,184	532,758	504,046	577,720	449,220	363,314	398,527	410,120	516,874	558,390	626,806	602,772	501,767	527,433	484,894	457,066	500,649	54,347	97,682	129,589
`23`	225,741	147,173	175,485	202,951	132,894	73,369	25,698	44,162	66,816	77,499	106,595	110,476	96,888	111,126	70,906	9,744	9,258	9,559	14,086	19,277
`24`	277,752	253,406	175,893	201,612	122,680	75,810	138,206	110,846	174,457	184,802	203,633	155,228	47,323	38,262	15,454	28,299	51,880	44,788	83,596	110,312
`25`	111,691	132,180	152,668	173,157	193,646	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`28`	30,282	20,482	13,082	10,582	10,582	10,582	10,582	13,770	3,615	3,615	3,480	3,480	3,480	3,480	3,480	2,486	3,248	3,505	4,068	4,045
`29/58`	1.4m	1.6m	1.5m	1.3m	1.0m	905,242	1.1m	1.1m	803,966	889,518	737,629	499,292	534,720	543,838	431,655	474,647	578,103	617,900	324,866	428,264
`3`	464,781	227,957	114,400	195,693	319,592	147,182	421,043	276,912	188,118	158,988	79,731	61,182	110,757	94,413	76,803	70,757	99,782	111,024	46,776	32,173
`30/36`	88,308	53,861	81,670	95,665	169,648	79,464	101,115	95,506	60,704	70,314	43,421	44,395	29,574	34,051	48,510	27,123	32,365	37,975	34,667	17,946
`37`	376,473	174,096	32,729	100,028	149,944	67,718	319,928	181,405	127,414	88,674	36,310	16,787	81,183	60,361	28,292	43,635	67,417	73,050	12,110	14,227
`40/41`	594,830	974,898	1.3m	994,259	641,642	669,893	630,081	700,788	602,826	726,249	655,749	404,634	423,622	445,532	335,414	402,361	475,283	481,799	277,145	370,866
`40`	544,385	933,956	1.3m	944,724	562,149	652,570	611,234	650,022	599,315	697,467	612,877	404,256	417,993	393,585	302,230	382,960	412,793	466,535	262,900	345,392
`41`	50,445	40,942	28,156	49,535	79,493	17,322	18,847	50,766	3,511	28,782	42,872	379	5,629	51,947	33,184	19,402	62,490	15,264	14,245	25,474
`54/58`	346,457	366,653	71,850	124,560	47,393	81,377	9,176	109,982	9,533	4,280	2,150	33,476	341	3,894	15,509	1,528	3,038	25,076	169	25,023
`490/1`	-	-	-	-	-	6,790	-	-	3,489	-	-	-	-	-	3,930	-	-	-	776	202
Balance sheet: equity and liabilities
`10/49`	2.1m	2.1m	2.0m	1.9m	1.5m	1.3m	1.5m	1.5m	1.3m	1.5m	1.4m	1.1m	1.0m	1.1m	930,029	934,199	1.1m	675,752	426,616	561,898
`10/15`	1.2m	1.2m	1.1m	929,659	729,583	624,983	564,046	530,466	505,219	419,755	313,287	244,924	226,506	208,856	145,512	144,341	193,747	176,687	166,342	165,159
`10/11`	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973
`10`	61,973	61,973	61,973	61,973	61,973	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973
`13`	835,210	866,839	742,508	588,101	388,025	283,425	222,488	188,908	163,661	78,197	28,197	28,197	6,197	6,197	8,045	8,045	8,045	9,893	11,741	13,589
`130/1`	6,197	6,197	6,197	6,197	6,197	6,197	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197
`132`	22,000	22,000	22,000	22,000	22,000	22,000	22,000	22,000	22,000	22,000	22,000	22,000	-	-	1,848	1,848	1,848	3,696	5,544	7,392
`133`	807,012	838,642	714,311	559,903	359,828	255,228	194,291	160,711	135,463	50,000	-	-	-	-	-	-	-	-	-	-
`14`	279,585	279,585	279,585	279,585	279,585	279,585	279,585	279,585	279,585	279,585	223,117	154,753	158,335	140,685	75,493	74,322	123,728	104,820	92,627	89,597
`16`	-	-	-	-	-	-	-	-	-	-	-	-	9,000	9,000	9,950	13,950	33,950	32,902	10,854	11,806
`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	9,000	9,000	9,000	13,000	33,000	31,000	8,000	8,000
`168`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	950	950	950	1,902	2,854	3,806
`17/49`	874,766	914,352	940,525	973,156	738,845	654,154	905,362	981,105	819,237	1.0m	1.1m	860,620	804,461	861,895	774,567	775,908	854,303	466,163	249,420	384,933
`17`	214,181	244,291	253,785	346,621	362,932	290,846	309,788	293,300	368,164	450,478	434,606	525,094	411,178	401,026	421,176	424,576	448,989	8,520	22,754	41,394
`170/4`	214,181	244,291	253,785	346,621	362,932	290,846	309,788	293,300	368,164	450,478	434,606	525,094	411,178	401,026	421,176	424,576	448,989	8,520	22,754	41,394
`42/48`	660,585	670,060	686,740	626,534	375,913	363,308	595,573	687,806	451,073	581,290	620,022	335,526	393,283	460,869	353,391	351,331	400,864	452,192	225,057	340,054
`42`	124,238	111,912	92,837	100,130	79,821	70,381	66,044	73,460	83,314	93,656	64,974	66,280	43,106	47,597	41,685	24,413	35,770	36,505	33,231	35,751
`43`	-	-	-	-	-	-	23,106	-	-	100,000	2,393	-	52,549	-	-	50,000	35,000	18,000	8,402	-
`430/8`	-	-	-	-	-	-	23,106	-	-	100,000	2,393	-	52,549	-	-	50,000	35,000	18,000	8,402	-
`44`	302,833	294,997	312,344	247,606	151,047	212,575	465,757	572,680	216,958	280,075	411,340	257,097	277,276	370,237	308,935	270,861	284,128	374,737	166,650	264,228
`440/4`	302,833	294,997	312,344	247,606	151,047	212,575	465,757	572,680	216,958	280,075	411,340	257,097	277,276	370,237	308,935	270,861	284,128	374,737	166,650	264,228
`45`	54,831	84,627	106,560	80,235	42,027	46,155	33,826	32,314	57,056	78,926	74,183	12,149	20,351	18,035	72	6,057	25,966	3,501	12,471	34,719
`450/3`	30,564	63,647	81,723	63,323	27,113	30,576	22,764	23,069	42,123	68,082	64,288	4,201	13,380	15,704	72	72	9,662	3,501	127	22,263
`454/9`	24,266	20,980	24,837	16,912	14,914	15,579	11,062	9,245	14,933	10,844	9,894	7,948	6,971	2,331	-	5,985	16,304	-	12,344	12,456
`47/48`	178,684	178,524	175,000	198,563	103,017	34,196	6,840	9,351	93,744	28,633	67,133	-	-	25,000	2,699	-	20,000	19,450	4,302	5,356
`492/3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,450	5,450	1,609	3,485
Income statement
`76A`	-	-	-	-	-	-	-	296	-	-	-	-	-	-	-	4,450	-	-	-	14,000
`9900`	2.2m	2.1m	2.0m	1.9m	1.3m	1.2m	1.2m	1.1m	1.3m	1.2m	1.1m	880,684	757,500	737,691	510,922	425,523	596,429	536,606	449,012	501,074
`62`	1.6m	1.6m	1.5m	1.2m	967,349	957,616	998,425	935,016	950,518	815,887	753,859	722,272	604,097	522,794	415,350	417,264	452,880	430,601	387,951	370,400
`630`	178,588	159,348	145,171	119,008	89,687	109,225	130,677	107,999	113,434	124,981	124,987	97,634	79,392	70,545	55,068	49,694	64,796	46,592	52,225	55,291
`631/4`	-	-	0	594	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`635/8`	-	-	-	-	-	-	-	-	-	-	-	-9,000	-	-	-4,000	-20,000	2,000	23,000	-	-
`640/8`	11,247	1,311	2,230	4,094	2,965	1,411	6,991	1,367	1,438	1,371	1,351	12,158	1,902	1,418	9,415	1,676	3,215	729	2,262	-
`66A`	-	-	-	-	-	-	-	-	119	-	-	-	1,429	-	-	-	-	-	-	-
`9901`	378,109	377,262	425,298	507,084	266,977	131,158	78,099	79,288	272,765	230,436	242,765	57,621	72,110	142,934	35,089	-23,110	73,537	35,684	6,574	75,383
`75/76B`	3,817	3,738	2,497	2,235	335	6,093	74	10,620	113	3	691	64	19	48	7	343	315	327	393	470
`75`	3,817	3,738	2,497	2,235	335	6,093	74	3,620	113	3	691	64	19	48	7	343	315	327	393	470
`76B`	-	-	-	-	-	-	-	7,000	-	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	15,900	17,793	16,660	20,925	15,680	20,645	21,752	25,045	25,355	31,584	33,073	34,811	35,822	29,339	30,391	30,160	27,722	8,179	6,737	7,272
`65`	15,900	17,793	16,660	20,925	15,680	20,645	21,752	25,045	25,355	31,584	33,073	34,811	35,822	29,339	30,391	30,160	27,722	8,179	6,737	7,272
`9903`	366,025	363,206	411,135	488,394	251,632	116,607	56,421	64,863	247,522	198,855	210,383	22,874	34,878	113,643	4,706	-48,478	46,130	27,832	229	82,581
`67/77`	61,944	63,875	81,727	88,318	47,032	30,670	22,841	24,615	62,059	67,387	67,019	4,455	12,902	26,250	3,534	927	10,022	3,439	-2	22,085
`9904`	304,081	299,331	329,408	400,076	204,600	85,937	33,580	40,248	185,463	131,468	143,363	18,418	21,975	88,344	1,171	-49,406	37,060	25,345	1,183	56,690
`789`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,848	-	-	1,848	1,848	1,848	1,848
`689`	-	-	-	-	-	-	-	-	-	-	-	22,000	-	-	-	-	-	-	-	9,240
`9905`	304,081	299,331	329,408	400,076	204,600	85,937	33,580	40,248	185,463	131,468	143,363	-3,582	21,975	90,192	1,171	-49,406	38,908	27,193	3,031	49,298
Appropriation of the result
`9906`	583,666	578,915	608,992	679,660	484,184	365,522	313,165	319,832	465,048	354,585	298,117	154,753	158,335	165,685	75,493	74,322	143,728	119,820	92,627	89,597
`14P`	279,585	279,585	279,585	279,585	279,585	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	129,081	124,331	154,408	200,076	104,600	60,937	33,580	25,248	85,463	50,000	-	-	-	-	-	-	-	-	-	-
`6920`	-	-	-	200,076	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`6921`	129,081	124,331	154,408	-	104,600	60,937	33,580	25,248	85,463	50,000	-	-	-	-	-	-	-	-	-	-
`694/7`	175,000	175,000	175,000	200,000	100,000	25,000	-	15,000	100,000	25,000	75,000	-	-	25,000	-	-	20,000	15,000	-	-
`694`	-	-	-	-	-	-	-	-	-	-	50,000	-	-	-	-	-	-	-	-	-
`695`	175,000	175,000	175,000	200,000	100,000	25,000	-	15,000	100,000	25,000	25,000	-	-	25,000	-	-	20,000	15,000	-	-
Social balance sheet
`9087`	24.6	26	23	21.6	20.6	21.7	21.5	20.9	19	17.4	17	15.7	14.2	12	10.3	11.7	11.9	11.5	10.5	10.7
Hours worked`1013`	33,313	33,130	33,130	29,962	24,947	24,957	27,195	26,668	27,010	24,224	22,302	22,696	18,320	16,016	13,024	13,971	15,424	15,112	14,704	14,161
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 15 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 01-07-2026.

Download as CSV

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	full format	01-07-2026	2026-00240074	PDF
31-12-2024	abbreviated format	15-07-2025	2025-00274552	PDF
31-12-2023	abbreviated format	06-08-2024	2024-00332263	PDF
31-12-2022	abbreviated format	31-07-2023	2023-00294169	PDF
31-12-2021	abbreviated format	16-08-2022	2022-20291483	PDF
31-12-2020	abbreviated format	02-08-2021	2021-45900545	PDF
31-12-2019	abbreviated format	21-08-2020	2020-43300434	PDF
31-12-2018	abbreviated format	12-08-2019	2019-45500528	PDF
31-12-2017	abbreviated format	28-08-2018	2018-50600327	PDF
31-12-2016	abbreviated format	24-08-2017	2017-46400029	PDF
31-12-2015	abbreviated format	22-08-2016	2016-46100115	PDF
31-12-2014	abbreviated format	08-06-2015	2015-16200377	PDF
31-12-2013	abbreviated format	07-08-2014	2014-39900259	PDF
31-12-2012	abbreviated format	03-07-2013	2013-27800520	PDF
31-12-2011	abbreviated format	15-05-2012	2012-11500153	PDF
31-12-2010	abbreviated format	18-08-2011	2011-40600140	PDF
31-12-2009	abbreviated format	12-08-2010	2010-40800462	PDF
31-12-2008	abbreviated format	25-06-2009	2009-29700385	PDF
31-12-2007	abbreviated format	27-06-2008	2008-30200058	PDF
31-12-2006	abbreviated format	26-07-2007	2007-50200376	PDF
31-12-2005	abbreviated format	30-06-2006	2006-37004461	PDF
31-12-2004	abbreviated format	06-04-2005	2005-10801753	PDF
31-12-2003	abbreviated format	24-05-2004	2004-16003227	PDF
31-12-2002	abbreviated format	03-07-2003	2003-38102341	PDF
31-12-2001	abbreviated format	03-06-2002	2002-17004318	PDF
31-12-2000	abbreviated format	24-07-2001	2001-42100721	PDF
31-12-1999	abbreviated format	09-06-2000	2000-20601357	PDF
31-12-1998	abbreviated format	01-06-1999	1999-13302682	PDF
31-12-1997	abbreviated format	23-06-1998	1998-21303700	PDF
31-12-1996	abbreviated format	02-07-1997	1997-26700124	PDF

Subsidies and aid

Flemish government 2022 to 2025, 6 entries, €24,377 awarded, €22,792 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€18,665

Subsidies ecologisch en veilig transport (discontinued)

€4,094

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)

€1,618

Year	Entries	Awarded	Paid
2025	1	€6,352	€4,823
2024	1	€4,407	€4,352
2023	2	€4,879	€7,961
2022	2	€8,739	€5,656

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
556,697	536,610	570,469	626,091	356,663	240,383	208,776	187,286	386,199	355,417	367,752	155,254	151,501	213,480	90,157	26,583	138,333	82,276	58,799	130,674
482,670	458,679	474,579	519,083	294,286	195,162	164,258	148,246	298,898	256,449	268,350	116,052	101,367	158,889	56,239	288	101,856	71,937	53,408	111,981
285,139	195,479	73,997	180,901	175,593	74,011	119,084	11,400	76,538	56,700	149,021	198,639	50,668	108,084	93,889	6,111	511,098	3,258	20,341	60,297
-20,196	294,804	-52,711	77,167	-33,984	72,202	-100,806	100,449	5,252	2,131	-31,326	33,135	-3,553	-11,615	13,981	-1,509	-22,039	24,907	-24,854	-
745,483	899,448	820,723	687,978	632,714	541,935	464,726	399,875	352,893	308,228	117,607	163,766	141,437	82,969	78,265	123,315	177,238	165,707	99,809	88,210
57.4%	56.9%	53.5%	48.9%	49.7%	48.9%	38.4%	35.1%	38.1%	28.9%	22.9%	22.2%	21.8%	19.3%	15.6%	15.5%	17.9%	26.1%	39.0%	29.4%
2.13	2.34	2.20	2.10	2.68	2.49	1.78	1.58	1.78	1.53	1.19	1.49	1.36	1.18	1.22	1.35	1.44	1.37	1.44	1.26
1.42	2.00	2.03	1.79	1.83	2.09	1.07	1.18	1.37	1.26	1.06	1.31	1.08	0.98	1.00	1.15	1.19	1.12	1.24	1.16
0.74	0.76	0.87	1.05	1.01	1.05	1.61	1.85	1.62	2.46	3.37	3.51	3.55	4.13	5.32	5.38	4.41	2.64	1.50	2.33
25.8%	24.8%	30.4%	43.0%	28.0%	13.8%	6.0%	7.6%	36.7%	31.3%	45.8%	7.5%	9.7%	42.3%	0.8%	-34.2%	19.1%	14.3%	0.7%	34.3%
14.8%	14.1%	16.3%	21.0%	13.9%	6.7%	2.3%	2.7%	14.0%	9.1%	10.5%	1.7%	2.1%	8.2%	0.1%	-5.3%	3.4%	3.8%	0.3%	10.1%
35.01	30.16	34.24	29.92	22.75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	24	23	24	23	19
full-time	23	23	24	22	18
part-time	1	0	0	1	1
in full-time equivalents	24	23	24	22.6	18.6
	24.6	24.4	23	21.6	20.6
On a permanent contract	24	23	24	23	19
Joined	6	8	5	8	8
Left	5	9	4	4	8
Training hours	664	1,080	429	270	600

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	-	-	€346,621	€279,237	€247,690
Carrying value of the other pledged assets	€615,184	€532,758	€504,046	€577,720	€449,220

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€275,339	€188,079	€71,497	€180,901	€175,593
Financial fixed assets	€9,800	€7,400	€2,500	-	-
	€178,588	€159,348	€145,171	€119,008	€89,687

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DERDE CONSTRUCT

The operating result for 2025 is 0% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 43.1% to 42.6%. Equity and debt are lower.

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Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency57.4%

Current ratio2.13

Return on assets14.8%

Staff

Staff cost per FTE€64,577

Joined and left+1 person

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 6 entries, €24,377 awarded, €22,792 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on DERDE CONSTRUCT

Next steps

in €m

in euro

57.4%

2.13

14.8%

€64,577

+1 person