What does PICARD CONSTRUCT do?

PICARD CONSTRUCT is a construction company in Tenneville. Public Limited, started on 9 April 1999, 1 establishment.

What is the address of PICARD CONSTRUCT?

The registered office of PICARD CONSTRUCT is located at Ramont 8, 6970 Tenneville.

Is PICARD CONSTRUCT still active?

Yes. According to the CBE (30 October 2026) PICARD CONSTRUCT is active, legal situation “Normale toestand”, started on 9 April 1999.

Is PICARD CONSTRUCT registered on Peppol?

Yes, PICARD CONSTRUCT is registered on the Peppol network with ID 0208:0465839530.

What is the enterprise number of PICARD CONSTRUCT?

The enterprise number of PICARD CONSTRUCT is BE0465839530.

When was PICARD CONSTRUCT founded?

PICARD CONSTRUCT was founded on 9 April 1999.

Who are the directors of PICARD CONSTRUCT?

According to the 2025 annual accounts, the directors of PICARD CONSTRUCT are: Chantal CABAY, Marc COLSON, ENBACO SRL, MCO Developpement SRL.

Is PICARD CONSTRUCT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 April 1999; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did PICARD CONSTRUCT make in 2025?

PICARD CONSTRUCT posted a profit after taxes of € 1,066,516 in financial year 2025.

What is the revenue of PICARD CONSTRUCT?

In its most recent annual accounts (2025), PICARD CONSTRUCT reported revenue of € 34,430,357.

How much does an employee at PICARD CONSTRUCT earn?

The average wage cost per full-time employee at PICARD CONSTRUCT was € 62,700 in 2025: staff costs of € 5.5 million for 87.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PICARD CONSTRUCT have?

According to the 2025 annual accounts, PICARD CONSTRUCT has 87.2 full-time equivalents (FTE).

PICARD CONSTRUCT (Public Limited) - Tenneville

Dossier PICARD CONSTRUCT, printed on 30 October 2026 from databakkes.be/en/0465839530/picard-construct. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PICARD CONSTRUCT from Tenneville, company number BE0465839530, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year PICARD CONSTRUCT recorded revenue of € 34.4 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 264,508 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.

What it is worth Growing

€ 2.7 million

▲ 67% vs 2024

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

Profit Growing

€ 1.1 million

▲ € 802,008 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 287,359

▲ 159% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.1 million.

People and assets in 2025

Full-time equivalents

87.2

▲ 7.9 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.5 million

▲ 24% vs 2024

€ 62,700 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

€ 737,132

▼ 12% vs 2024

Of which on lease € 513,393.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3 million

▼ 23% vs 2024

€ 591,043 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 3.9 million

▼ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.

Taxes and wages

€ 493,994

▼ 13% 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
Revenue	€ 20,360,027 Revenue 2022: € 20,360,027 First fiscal year in the series	€ 26,783,500 Revenue 2023: € 26,783,500 ▲ 32% vs 2022 (€ 20,360,027) Favourable step	€ 25,981,219 Revenue 2024: € 25,981,219 ▼ 3% vs 2023 (€ 26,783,500) Unfavourable step	€ 34,430,357 Revenue 2025: € 34,430,357 ▲ 33% vs 2024 (€ 25,981,219) Favourable step	▲ 33%
Profit after taxes	€ -153,845 Profit after taxes 2022: € -153,845 First fiscal year in the series	€ 442,692 Profit after taxes 2023: € 442,692 ▲ € 596,536 vs 2022 (€ -153,845) Favourable step	€ 264,508 Profit after taxes 2024: € 264,508 ▼ 40% vs 2023 (€ 442,692) Unfavourable step	€ 1,066,516 Profit after taxes 2025: € 1,066,516 ▲ € 802,008 vs 2024 (€ 264,508) Favourable step	▲ € 802,008
Equity	€ 884,745 Equity 2022: € 884,745 First fiscal year in the series	€ 1,326,453 Equity 2023: € 1,326,453 ▲ 50% vs 2022 (€ 884,745) Favourable step	€ 1,589,977 Equity 2024: € 1,589,977 ▲ 20% vs 2023 (€ 1,326,453) Favourable step	€ 2,655,509 Equity 2025: € 2,655,509 ▲ 67% vs 2024 (€ 1,589,977) Favourable step	▲ 67%
Total debts	€ 7,246,547 Total debts 2022: € 7,246,547 First fiscal year in the series	€ 9,027,444 Total debts 2023: € 9,027,444 ▲ 25% vs 2022 (€ 7,246,547) Unfavourable step	€ 8,974,560 Total debts 2024: € 8,974,560 ▼ 1% vs 2023 (€ 9,027,444) Favourable step	€ 8,173,529 Total debts 2025: € 8,173,529 ▼ 9% vs 2024 (€ 8,974,560) Favourable step	▼ 9%
Cash	€ 216,963 Cash 2022: € 216,963 First fiscal year in the series	€ 186,893 Cash 2023: € 186,893 ▼ 14% vs 2022 (€ 216,963) Unfavourable step	€ 110,755 Cash 2024: € 110,755 ▼ 41% vs 2023 (€ 186,893) Unfavourable step	€ 287,359 Cash 2025: € 287,359 ▲ 159% vs 2024 (€ 110,755) Favourable step	▲ 159%
Land & buildings	€ 2,541,133 Land & buildings 2022: € 2,541,133 First fiscal year in the series	€ 2,518,659 Land & buildings 2023: € 2,518,659 ▼ 1% vs 2022 (€ 2,541,133) Unchanged	€ 2,448,368 Land & buildings 2024: € 2,448,368 ▼ 3% vs 2023 (€ 2,518,659) Unchanged	€ 2,324,175 Land & buildings 2025: € 2,324,175 ▼ 5% vs 2024 (€ 2,448,368) Unchanged	▼ 5%
Retained profit	€ 369,094 Retained profit 2022: € 369,094 First fiscal year in the series	€ 811,786 Retained profit 2023: € 811,786 ▲ 120% vs 2022 (€ 369,094) Favourable step	€ 1,076,294 Retained profit 2024: € 1,076,294 ▲ 33% vs 2023 (€ 811,786) Favourable step	€ 2,142,809 Retained profit 2025: € 2,142,809 ▲ 99% vs 2024 (€ 1,076,294) Favourable step	▲ 99%
Bank debt	€ 3,494,818 Bank debt 2022: € 3,494,818 First fiscal year in the series	€ 3,725,927 Bank debt 2023: € 3,725,927 ▲ 7% vs 2022 (€ 3,494,818) Unfavourable step	€ 3,954,696 Bank debt 2024: € 3,954,696 ▲ 6% vs 2023 (€ 3,725,927) Unfavourable step	€ 3,042,133 Bank debt 2025: € 3,042,133 ▼ 23% vs 2024 (€ 3,954,696) Favourable step	▼ 23%
Balance sheet total	€ 8,161,291 Balance sheet total 2022: € 8,161,291 First fiscal year in the series	€ 10,383,896 Balance sheet total 2023: € 10,383,896 ▲ 27% vs 2022 (€ 8,161,291) Unchanged	€ 10,594,537 Balance sheet total 2024: € 10,594,537 ▲ 2% vs 2023 (€ 10,383,896) Unchanged	€ 10,874,038 Balance sheet total 2025: € 10,874,038 ▲ 3% vs 2024 (€ 10,594,537) Unchanged	▲ 3%
Employees (FTE)	80.7 Employees (FTE) 2022: 80.7 First fiscal year in the series	76.9 Employees (FTE) 2023: 76.9 ▼ 3.8 vs 2022 (80.7) Unchanged	79.3 Employees (FTE) 2024: 79.3 ▲ 2.4 vs 2023 (76.9) Unchanged	87.2 Employees (FTE) 2025: 87.2 ▲ 7.9 vs 2024 (79.3) Unchanged	▲ 7.9

Key figures of PICARD CONSTRUCT, 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 PICARD CONSTRUCT?

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

Aug 25, 2026 New annual accounts for financial year 2025: profit of € 1.1 million (▲ € 802,008 vs 2024). filed late Source: NBB ↗
2022 ENBACO SRL became a director. NBB
2022 MCO Developpement SRL became a director. NBB
2021 Chantal CABAY became a director. NBB
2021 Marc COLSON became a director. NBB
Jun 30, 1999 New establishment in Tenneville. KBO
Apr 9, 1999 Start of the company according to the CBE. KBO

In short

From € 153,845 loss in 2022 to € 1.1 million profit in 2025.

Paid € 739,255 in corporate taxes since 2022.

Best year ever: 2025, with € 1.1 million profit.

Pays suppliers within 53 days on average.

Original PDFs at the National Bank ↗

Management

ENBACO 25%

MCO developpement 25%

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

PICARD CONSTRUCT

Behind PICARD CONSTRUCT are Chantal CABAY, Marc COLSON, ENBACO SRL and MCO Developpement SRL. The shares are held by ENBACO (25%) and MCO developpement (25%).

Directors

According to the 2025 annual accounts

Chantal CABAY

Managing director

Also active at: HUBERTY MENUISERIE

since 2021

Marc COLSON

Managing director

Also active at: HUBERTY MENUISERIE, COLCAB IMMOBILIERE

since 2021

ENBACO SRL

Director · represented by Bastien Colson

since 2022

MCO Developpement SRL

Director · represented by Mathilde Colson

since 2022

Shareholders

ENBACO

25%

MCO developpement

25%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ramont 8

6970 Tenneville

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 →

COLCAB IMMOBILIERE same network

€ 36,872 gross margin · 2025

MCO developpement same network

€ 90,595 gross margin · 2025

ENBACO same network

€ 90,882 gross margin · 2025

PICARD CONSTRUCT - GERARD CONSTRUCTION

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

Details

Company number

0465.839.530

VAT number

BE 0465.839.530

Registered office

Ramont 8, 6970 Tenneville

Names & denominations

PICARD CONSTRUCT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 April 1999

Peppol

Active · Active since 26 Jan 2026

Activities · NACE

Algemene bouw van residentiële gebouwen

Bouwen van individuele huizen

Managementactiviteiten van holdings

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

PICARD CONSTRUCT

Financials

What happened to PICARD CONSTRUCT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions