Active · per the CBE, 16 September 2026

BUILD ECO

BE0654880553

Rechtspersoon Private limited company 1 establishment

BUILD ECO is a construction company in Elsene. Private Limited, started on 20 May 2016, 1 establishment.

Louizalaan 251 box 4, 1050 Elsene

Behind the company: Vasile Mandici, Bejan Vasile.

Active for

10 year, 3 months

Financials

Financial year 2024

BUILD ECO from Elsene, company number BE0654880553, closed financial year 2024 with a result of € 19,368 after tax. For that financial year BUILD ECO recorded a gross margin of € 146,426 and equity of € 127,213. Compared with financial year 2023, the result moved from € 30,069 to € 19,368. The company is profitable. 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 July 18, 2025.

What it is worth Growing

€ 127,213

▲ 18% vs 2023

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

Profit Healthy

€ 19,368

▼ 36% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 42,004

▼ 34% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 121,013.

People and assets in 2024

Wage cost

€ 29,945

▲ 3% vs 2023

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

€ 170,731

▲ 28% vs 2023

Of which on lease € 89,102.

Debts at end 2024

Bank debt ≈ 16 years to go

€ 85,363

▲ 213% vs 2023

€ 5,200 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.

Owed to suppliers

€ 1.3 million

▲ € 1.2 million vs 2023

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

Taxes and wages

€ 48,899

▲ 27% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 69,966 € 116,917 € 114,103 € 146,426 ▲ 28%
Profit after taxes € 22,188 € 34,953 € 30,069 € 19,368 ▼ 36%
Equity € 46,332 € 81,284 € 107,846 € 127,213 ▲ 18%
Total debts € 831,413 € 797,029 € 196,712 € 1,469,984 ▲ € 1.3 million
Cash € 8,213 € 16,649 € 63,884 € 42,004 ▼ 34%
Retained profit € 40,132 € 75,084 € 101,646 € 121,013 ▲ 19%
Bank debt € 68,480 € 26,758 € 27,285 € 85,363 ▲ 213%
Balance sheet total € 877,745 € 878,314 € 304,558 € 1,597,198 ▲ € 1.3 million

Key figures of BUILD ECO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to BUILD ECO?

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

  • New annual accounts for financial year 2024: profit of € 19,368 (▼ 36% vs 2023). Source: NBB ↗
  • Bejan Vasile became a director. NBB
  • Vasile Mandici became a director. NBB
  • New establishment in Jodoigne. KBO
  • Start of the company according to the CBE. KBO

In short

From € 22,188 profit in 2021 to € 19,368 profit in 2024.

Paid € 34,024 in corporate taxes since 2021.

Best year ever: 2022, with € 34,953 profit.

Management

Vasile Mandici Bejan Vasile
BUILD ECO

Behind BUILD ECO are Vasile Mandici and Bejan Vasile.

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Directors

According to the 2024 annual accounts

Vasile Mandici

Director

since 2023

Bejan Vasile

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 251 box 4

1050 Elsene

2.256.916.816

Chemin des Carriers(S.-R.-G.) 115

1370 Jodoigne

Active since 20 May 2016

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

Details

Company number
0654.880.553
VAT number
BE 0654.880.553
Registered office
Louizalaan 251 bus 4, 1050 Elsene
Names & denominations
BUILD ECO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
20 May 2016
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Algemene bouw van residentiële gebouwen

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

Uitvoeren van metsel- en voegwerken

Algemene bouw van andere niet-residentiële gebouwen

Plaatsen van vloer- en wandtegels

Bouwrijp maken van terreinen

Metselwerk

+6

Frequently asked questions

What does BUILD ECO do?
BUILD ECO is a construction company in Elsene. Private Limited, started on 20 May 2016, 1 establishment.
What is the address of BUILD ECO?
The registered office of BUILD ECO is located at Louizalaan 251 box 4, 1050 Elsene.
Is BUILD ECO still active?
Yes. According to the CBE (16 September 2026) BUILD ECO is active, legal situation “Normale toestand”, started on 20 May 2016.
Is BUILD ECO registered on Peppol?
Yes, BUILD ECO is registered on the Peppol network with ID 0208:0654880553.
What is the enterprise number of BUILD ECO?
The enterprise number of BUILD ECO is BE0654880553.
When was BUILD ECO founded?
BUILD ECO was founded on 20 May 2016.