Financials
Financial year 2025
PUBLIC CONSTRUCT from Ardooie, company number BE0479273139, closed financial year 2025 with a result of € 108,635 after tax. For that financial year PUBLIC CONSTRUCT recorded a gross margin of € 306,523 and equity of € 458,400. Compared with financial year 2024, the result moved from € 168,976 to € 108,635. The company is profitable. 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 March 31, 2026.
€ 458,400
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,635
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 134,925
▲ 105% 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 € 396,900.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 72,591
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 123,276
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 68,730
▼ 66% vs 2024
€ 28,932 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 53,138
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,951
▼ 80% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 170,383 | € 237,362 | € 398,491 | € 306,523 | ▼ 23% |
| Profit after taxes | € 29,417 | € 63,549 | € 168,976 | € 108,635 | ▼ 36% |
| Equity | € 117,240 | € 180,789 | € 349,765 | € 458,400 | ▲ 31% |
| Total debts | € 435,115 | € 389,765 | € 378,421 | € 131,818 | ▼ 65% |
| Cash | € 68,166 | € 259,693 | € 65,928 | € 134,925 | ▲ 105% |
| Land & buildings | € 60,768 | € 57,920 | € 55,071 | € 52,222 | ▼ 5% |
| Retained profit | € 55,740 | € 119,289 | € 288,265 | € 396,900 | ▲ 38% |
| Bank debt | € 150,112 | € 165,123 | € 203,228 | € 68,730 | ▼ 66% |
| Balance sheet total | € 552,354 | € 570,553 | € 728,186 | € 590,218 | ▼ 19% |
| Employees (FTE) | 0.6 | 1.3 | 0 | 0 |
Key figures of PUBLIC 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 30 April 2027.
What happened to PUBLIC CONSTRUCT?
What happened at PUBLIC CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 108,635 (▼ 36% vs 2024). Source: NBB ↗
- New establishment in Ardooie. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,417 profit in 2022 to € 108,635 profit in 2025.
Paid € 164,466 in corporate taxes since 2022.
Best year ever: 2024, with € 168,976 profit.
On average € 182,600 of value added per employee in 2023.
Management
Behind PUBLIC CONSTRUCT is Kurt Farrazijn.
Directors
According to the 2025 annual accounts
Kurt Farrazijn
Associate
Establishments
Establishment units
Physical locations of this company
Kloosterstraat 21
8851 Ardooie
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.273.139
- VAT number
- BE 0479.273.139
- Registered office
- Kloosterstraat 21, 8851 Ardooie
- Names & denominations
- PUBLIC CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2003
- Peppol
- Active · Active since 23 Feb 2026
- Activities · NACE
Overige groothandel in consumentenartikelen, n.e.g.
Groothandel in andere consumentenartikelen, neg
Bouw van andere civieltechnische werken, neg
Landschapsverzorging
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Handelsbemiddeling in de groothandel in andere specifieke goederen
Activiteiten van bouwarchitecten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
+4