Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 127.8 to 98.4.
Financials
Financial year 2025
COMPAGNIE BELGE DE BATIMENT from Namur, company number BE0451728901, closed financial year 2025 with a result of € 595,905 after tax. For that financial year COMPAGNIE BELGE DE BATIMENT recorded revenue of € 41.1 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -2.3 million to € 595,905. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 1.2 million
▲ 96% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 595,905
▲ still € 2.3 million loss in 2024
Profit after tax over the fiscal year.
€ 2.1 million
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 318,958.
People and assets in 2025
98.4
▼ 14.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.6 million
▼ 7% vs 2024
€ 67,300 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.
€ 182,689
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 800,000
▼ 76% vs 2024
Loans from banks and other lenders, long and short.
€ 11.6 million
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 121 days on average.
€ 795,160
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 45,719,677 | € 38,811,568 | € 39,512,573 | € 41,147,581 | ▲ 4% |
| Profit after taxes | € 154,584 | € -2,586,106 | € -2,277,884 | € 595,905 | ▲ € 2.9 million |
| Equity | € 5,487,043 | € 2,900,938 | € 623,054 | € 1,218,958 | ▲ 96% |
| Total debts | € 15,304,723 | € 14,921,908 | € 15,636,258 | € 16,773,443 | ▲ 7% |
| Cash | € 3,556,865 | € 3,703,213 | € 2,115,547 | € 2,065,606 | ▼ 2% |
| Land & buildings | € 1,419,156 | € 1,376,257 | € 1,312,748 | € 1,214,504 | ▼ 7% |
| Retained profit | € 4,587,043 | € 2,000,938 | € -276,946 | € 318,958 | ▲ € 595,905 |
| Dividend | € 400,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,500,000 | € 3,300,000 | € 3,380,790 | € 800,000 | ▼ 76% |
| Balance sheet total | € 21,105,207 | € 18,319,036 | € 16,955,657 | € 18,807,610 | ▲ 11% |
| Employees (FTE) | 132.1 | 127.8 | 112.7 | 98.4 | ▼ 14.3 |
Key figures of COMPAGNIE BELGE DE BATIMENT, 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 COMPAGNIE BELGE DE BATIMENT?
What happened at COMPAGNIE BELGE DE BATIMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MPH Invest SRL stepped down as director. NBB
- Jean Polet stepped down as director. NBB
- Gabeli SRL stepped down as director. NBB
- Mark Beyst-Consultancy SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 595,905. Source: NBB ↗
- OGrandjean Advisory SRL stepped down as director. NBB
- OGrandjean Advisory SRL became a director. NBB
- Olivier Grandjean stepped down as director. NBB
In short
From € 154,584 profit in 2022 to € 595,905 profit in 2025.
Paid € 197,583 in corporate taxes since 2022.
Best year ever: 2025, with € 595,905 profit.
Paid out € 400,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Etablissements Jean Wust (100%).
Directors
According to the 2025 annual accounts
Administrateur délégué · represented by Olivier Grandjean
Also active at: SOCOGETRA
since 2025 · until 2026
Administrateur · represented by Philippe Quoilin
Also active at: BESIX Group, Carrière des Limites, SOCOGETRA, ESA
since 2023 · until 2027
Olivier Grandjean
Administrateur délégué
since 2023 · until 2025
Administrateur · represented by Mark Beyst
Also active at: Entreprises Jacques Delens, BESIX Unitec, BESIX Infra, SUD - CONSTRUCT, VANHOUT, SOCOGETRA, RABOT INVEST, Circul 2020 +2 more
since 2024 · until 2027
Jean Polet
Président du Conseil d'Administration
Also active at: VANHOUT, SOCOGETRA, FRANKI FOUNDATIONS BELGIUM, BESIX Soltec
since 2023 · until 2027
Administrateur · represented by Hans Beerlandt
Also active at: Entreprises Jacques Delens, BESIX Unitec, BESIX Infra, N.V. BESIX S.A., SUD - CONSTRUCT, VANHOUT, FRANKI FOUNDATIONS BELGIUM, OLYMPIADES BRUSSELS HOTEL +6 more
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Reines-Marguerites(NN) 5-7
5100 Namur
Zon.Ind. de Ruette-Latour,Ruette SN
6760 Virton
Active since 21 April 1997
Rue des Reines-Marguerites(NN) 5/7
5100 Namur
Active since 23 March 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0451.728.901
- VAT number
- BE 0451.728.901
- Registered office
- Rue des Reines-Marguerites(NN) 5-7, 5100 Namur
- Names & denominations
- COMPAGNIE BELGE DE BATIMENT · COBELBA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 1994
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
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