Financials
Financial year 2025
START CONSTRUCTION from Tournai, company number BE0889851472, closed financial year 2025 with a result of € 136,866 after tax. For that financial year START CONSTRUCTION recorded a gross margin of € 599,715 and equity of € 721,013. Compared with financial year 2024, the result moved from € 69,681 to € 136,866. 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 July 16, 2026.
€ 721,013
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 136,866
▲ 96% vs 2024
Profit after tax over the fiscal year.
€ 311,423
▼ 38% 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 € 701,613.
People and assets in 2025
2.5
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 145,482
▼ 8% vs 2024
€ 58,200 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.
€ 3,800
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 200,000
▲ 100% vs 2024
Loans from banks and other lenders, long and short.
€ 150,740
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,100
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 439,890 | € 414,672 | € 499,982 | € 599,715 | ▲ 20% |
| Profit after taxes | € 108,547 | € 71,997 | € 69,681 | € 136,866 | ▲ 96% |
| Equity | € 441,444 | € 513,441 | € 584,148 | € 721,013 | ▲ 23% |
| Total debts | € 283,389 | € 254,950 | € 406,974 | € 601,103 | ▲ 48% |
| Cash | € 598,540 | € 628,262 | € 504,045 | € 311,423 | ▼ 38% |
| Retained profit | € 423,069 | € 495,066 | € 564,748 | € 701,613 | ▲ 24% |
| Bank debt | € 0 | € 0 | € 100,000 | € 200,000 | ▲ 100% |
| Balance sheet total | € 1,188,132 | € 1,221,391 | € 1,473,256 | € 1,860,958 | ▲ 26% |
| Employees (FTE) | - | 2 | 2 | 2.5 | ▲ 0.5 |
Key figures of START CONSTRUCTION, 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 START CONSTRUCTION?
What happened at START CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 136,866 (▲ 96% vs 2024). Source: NBB ↗
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 108,547 profit in 2022 to € 136,866 profit in 2025.
Paid € 158,491 in corporate taxes since 2022.
Best year ever: 2025, with € 136,866 profit.
On average € 239,900 of value added per employee in 2025.
A new publication or filing at START CONSTRUCTION? We notify you, reason included.
Follow START CONSTRUCTIONDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 stake of SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
START CONSTRUCTIONBehind START CONSTRUCTION are MARIE DEMAY, EDDY DEVOS, LAURENT AGACHE, EMBUILD ASBL and GAETAN VANNESTE. The shares are held by SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE (21.7%).
Directors
According to the 2025 annual accounts
MARIE DEMAY
Director
EDDY DEVOS
Chairman of the board
LAURENT AGACHE
Managing director
Director · represented by SALIM CHAMCHAM
Also active at: GROUP S - SECRETARIAT SOCIAL, SECRETARIAT SOCIAL AGREE D'EMPLOYEURS, homegrade, TRADECOWALL, GROUP S, Grondbank, WORLDSKILLS BELGIUM, GROUP S - GUICHET D'ENTREPRISE, TRACIMAT vzw +2 more
GAETAN VANNESTE
Director
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Follet(K) 10/202
7540 Tournai
Rue du Follet(K) 10 box 202
7540 Tournai
Active since 14 September 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.851.472
- VAT number
- BE 0889.851.472
- Registered office
- Rue du Follet(K) 10/202, 7540 Tournai
- Names & denominations
- START CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 4 June 2007
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Slopen
Slopen van gebouwen
Dakwerkzaamheden
Algemene bouw van andere niet-residentiële gebouwen
Bouw van autowegen en andere wegen
Overige zakelijke dienstverlening, neg
+4