Financials
Financial year 2025
BESIX Connect from Zele, company number BE0450082176, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year BESIX Connect recorded revenue of € 32 million and equity of € 13.2 million. Compared with financial year 2024, the result moved from € 927,069 to € 1.1 million. 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 June 17, 2026.
€ 13.2 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 296,265
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
47 % of the profit went to the shareholders, mostly to BESIX Unitec (100 % of the shares). That is where the money ends up.
People and assets in 2025
146.3
▲ 5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.6 million
▲ 22% vs 2024
€ 72,600 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.
€ 73,593
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3.4 million
▲ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.
€ 773,528
▲ 104% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 37,899,917 | € 35,208,601 | € 27,904,858 | € 32,013,585 | ▲ 15% |
| Profit after taxes | € 1,580,160 | € 1,442,258 | € 927,069 | € 1,071,838 | ▲ 16% |
| Equity | € 11,275,029 | € 12,717,287 | € 12,644,357 | € 13,216,195 | ▲ 5% |
| Total debts | € 6,048,457 | € 5,899,573 | € 2,750,248 | € 4,542,719 | ▲ 65% |
| Cash | € 974,027 | € 97,945 | € 572,123 | € 296,265 | ▼ 48% |
| Land & buildings | € 51,777 | € 47,653 | € 42,133 | € 32,804 | ▼ 22% |
| Retained profit | € 10,167,907 | € 11,610,165 | € 11,537,234 | € 12,109,072 | ▲ 5% |
| Dividend | € 0 | € 0 | € 1,000,000 | € 500,000 | ▼ 50% |
| Bank debt | € 87,193 | € 35,861 | € 0 | € 0 | |
| Balance sheet total | € 17,323,486 | € 18,616,860 | € 15,394,605 | € 17,758,914 | ▲ 15% |
| Employees (FTE) | 140 | 143 | 141.3 | 146.3 | ▲ 5 |
Key figures of BESIX Connect, 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 BESIX Connect?
What happened at BESIX Connect in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean Polet stepped down as director. NBB
- Utilycon BV stepped down as director. NBB
- FOMA Consulting BV stepped down as director. NBB
- BERVAND BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 16% vs 2024). Source: NBB ↗
- Luc Verstuyft Management BV stepped down as director. NBB
- BERVAND BV became a director. NBB
- Utilycon BV became a director. NBB
In short
From € 1.6 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
Paid out € 1.5 million in dividends to the owners in total.
Management
The stake of BESIX Unitec comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BESIX ConnectThe shares are held by BESIX Unitec (100%).
Directors
According to the 2025 annual accounts
since 2018 · until 2027
Director · represented by Verstuyft Luc
Also active at: BESIX Unitec, LUCAN, BESIX Reditec, APPERMONT GEBROEDERS, BESIX Soltec
since 2018 · until 2025
Managing director · represented by Raemdonck Andrew
since 2021 · until 2027
Director · represented by Martin Annick Sabine
Also active at: BESIX Unitec, BESIX INFRA SUPPORT, BESIX Infra, LUCAN, BESIX Reditec, APPERMONT GEBROEDERS, BELASCO, BESIX Soltec
since 2020 · until 2027
Director · represented by Defreyn Kathleen
Also active at: Vandendorpe Arthur, LUCAN, BESIX Reditec, TINC Manager, BESIX Soltec
since 2025 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Baaikensstraat 21 box 1
9240 Zele
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Domain
Domain
besixconnect.com
Registered
2020-09-25
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-09-25
Website info
Features
Security
Details
- Company number
- 0450.082.176
- VAT number
- BE 0450.082.176
- Registered office
- Baaikensstraat 21 bus 1, 9240 Zele
- Names & denominations
- BESIX Connect
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 1993
- Peppol
- Active · Active since 25 Nov 2025
- Contact
- besixconnect.com 052502800
- Activities · NACE
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Bouw van autowegen en andere wegen
Slopen
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Slopen van gebouwen