What does Construal do?

Construal is a metalworking company in Hasselt. Private Limited, started on 28 May 1955, 1 establishment.

What is the address of Construal?

The registered office of Construal is located at Diestersteenweg 412, 3510 Hasselt.

Is Construal still active?

Yes. According to the CBE (31 October 2026) Construal is active, legal situation “Normale toestand”, started on 28 May 1955.

Is Construal registered on Peppol?

Yes, Construal is registered on the Peppol network with ID 0208:0400935642.

What is the enterprise number of Construal?

The enterprise number of Construal is BE0400935642.

When was Construal founded?

Construal was founded on 28 May 1955.

Who are the directors of Construal?

According to the 2025 annual accounts, the directors of Construal are: UPSILON BV.

Is Construal a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 May 1955; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Construal make in 2025?

Construal posted a profit after taxes of € 594,144 in financial year 2025.

What is the revenue of Construal?

As a small company, Construal is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,318,594.

How much does an employee at Construal earn?

The average wage cost per full-time employee at Construal was € 72,700 in 2025: staff costs of € 719,857 for 9.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Construal have?

According to the 2025 annual accounts, Construal has 9.9 full-time equivalents (FTE).

Construal (Private Limited) - Hasselt - BE0400935642

Dossier Construal, printed on 31 October 2026 from databakkes.be/en/0400935642/construal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Construal from Hasselt, company number BE0400935642, closed financial year 2025 with a result of € 594,144 after tax. For that financial year Construal recorded a gross margin of € 1.3 million and equity of € 988,306. Compared with financial year 2024, the result moved from € 187,542 to € 594,144. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.

What it is worth Growing

€ 988,306

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 594,144

▲ 217% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 447,465

▲ 274% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 590,000 paid out

99 % of the profit went to the shareholders, mostly to UPSILON (88 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

9.9

▲ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 719,857

▲ 4% vs 2024

€ 72,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,220

▼ 51% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 92,971

▲ 116% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 103,818

▲ 50% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 954,178 Gross margin 2022: € 954,178 First fiscal year in the series	€ 684,684 Gross margin 2023: € 684,684 ▼ 28% vs 2022 (€ 954,178) Unfavourable step	€ 888,056 Gross margin 2024: € 888,056 ▲ 30% vs 2023 (€ 684,684) Favourable step	€ 1,318,594 Gross margin 2025: € 1,318,594 ▲ 48% vs 2024 (€ 888,056) Favourable step	▲ 48%
Profit after taxes	€ 98,159 Profit after taxes 2022: € 98,159 First fiscal year in the series	€ 2,118 Profit after taxes 2023: € 2,118 ▼ 98% vs 2022 (€ 98,159) Unfavourable step	€ 187,542 Profit after taxes 2024: € 187,542 ▲ € 185,424 vs 2023 (€ 2,118) Favourable step	€ 594,144 Profit after taxes 2025: € 594,144 ▲ 217% vs 2024 (€ 187,542) Favourable step	▲ 217%
Equity	€ 974,502 Equity 2022: € 974,502 First fiscal year in the series	€ 976,620 Equity 2023: € 976,620 Unchanged (€ 974,502) Favourable step	€ 984,161 Equity 2024: € 984,161 ▲ 1% vs 2023 (€ 976,620) Favourable step	€ 988,306 Equity 2025: € 988,306 Unchanged (€ 984,161) Favourable step
Total debts	€ 305,111 Total debts 2022: € 305,111 First fiscal year in the series	€ 417,886 Total debts 2023: € 417,886 ▲ 37% vs 2022 (€ 305,111) Unfavourable step	€ 292,145 Total debts 2024: € 292,145 ▼ 30% vs 2023 (€ 417,886) Favourable step	€ 786,789 Total debts 2025: € 786,789 ▲ 169% vs 2024 (€ 292,145) Unfavourable step	▲ 169%
Cash	€ 202,668 Cash 2022: € 202,668 First fiscal year in the series	€ 214,024 Cash 2023: € 214,024 ▲ 6% vs 2022 (€ 202,668) Favourable step	€ 119,530 Cash 2024: € 119,530 ▼ 44% vs 2023 (€ 214,024) Unfavourable step	€ 447,465 Cash 2025: € 447,465 ▲ 274% vs 2024 (€ 119,530) Favourable step	▲ 274%
Retained profit	€ 834,442 Retained profit 2022: € 834,442 First fiscal year in the series	€ 836,560 Retained profit 2023: € 836,560 Unchanged (€ 834,442) Favourable step	€ 844,102 Retained profit 2024: € 844,102 ▲ 1% vs 2023 (€ 836,560) Favourable step	€ 848,246 Retained profit 2025: € 848,246 Unchanged (€ 844,102) Favourable step
Dividend	€ 90,000 Dividend 2022: € 90,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 90,000) Unchanged	€ 180,000 Dividend 2024: € 180,000 Unchanged (€ 0) Unchanged	€ 590,000 Dividend 2025: € 590,000 ▲ 228% vs 2024 (€ 180,000) Unchanged	▲ 228%
Balance sheet total	€ 1,279,613 Balance sheet total 2022: € 1,279,613 First fiscal year in the series	€ 1,394,505 Balance sheet total 2023: € 1,394,505 ▲ 9% vs 2022 (€ 1,279,613) Unchanged	€ 1,276,306 Balance sheet total 2024: € 1,276,306 ▼ 8% vs 2023 (€ 1,394,505) Unchanged	€ 1,775,094 Balance sheet total 2025: € 1,775,094 ▲ 39% vs 2024 (€ 1,276,306) Unchanged	▲ 39%
Employees (FTE)	11 Employees (FTE) 2022: 11 First fiscal year in the series	10.1 Employees (FTE) 2023: 10.1 ▼ 0.9 vs 2022 (11) Unchanged	9.8 Employees (FTE) 2024: 9.8 ▼ 0.3 vs 2023 (10.1) Unchanged	9.9 Employees (FTE) 2025: 9.9 ▲ 0.1 vs 2024 (9.8) Unchanged	▲ 0.1

Key figures of Construal, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Construal?

What happened at Construal in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 7, 2026 New annual accounts for financial year 2025: profit of € 594,144 (▲ 217% vs 2024). Source: NBB ↗
Jan 7, 1964 New establishment in Hasselt. KBO
May 28, 1955 Start of the company according to the CBE. KBO

In short

From € 98,159 profit in 2022 to € 594,144 profit in 2025.

Paid € 14,749 in corporate taxes since 2022.

Best year ever: 2025, with € 594,144 profit.

On average € 133,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

UPSILON 87.5%

The stake of UPSILON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Construal

Behind Construal is UPSILON BV. The shares are held by UPSILON (87.5%).

Directors

According to the 2025 annual accounts

UPSILON BV

Director · represented by Jansen Alexander

Shareholders

UPSILON

87.5%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Diestersteenweg 412

3510 Hasselt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

UPSILON same network

€ 342,371 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0400.935.642

VAT number

BE 0400.935.642

Registered office

Diestersteenweg 412, 3510 Hasselt

Names & denominations

Construal

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 May 1955

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Vervaardiging van metalen deuren en vensters

Vervaardiging van metalen ramen, deuren, wanden en dergelijke

Vervaardiging van metalen constructiewerken en delen daarvan

Vervaardiging van metalen constructiewerken en onderdelen daarvan

Glaszetten

Schrijnwerk

Metaalschrijnwerk

View on CBE Public ↗ Annual accounts (NBB) ↗

Construal

Financials

What happened to Construal?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions