Eloy

What Eloy does

Eloy is a Belgian, family-owned construction and water-management group headquartered in Sprimont, founded in 1965 and operating under a three-CEO family governance structure with David Eloy as one of the chief executives. The group is organized into two integrated poles: a Construction division delivering deconstruction, earthworks, civil engineering, structural works, roadwork, drainage, and real estate development, plus an ecocentre for inert-waste recycling and two concrete batching plants producing 145,000 m³/year; and a Water Management division (eloy Water) manufacturing rotomolded wastewater-treatment and rainwater-recovery tanks at the Sprimont facility at a stated 2.5 kWh/kg energy efficiency versus an industry 3.5–4 kWh/kg, distributed across more than 20 countries. In fiscal 2025 Eloy reported €164 million in revenue and approximately 530 group employees, with 115 active construction sites in Wallonia.

The business model is sales-led and quote-based across both poles. Construction revenue derives from public-sector procurement (Belgian federal, regional, and municipal clients including CHU de Liège, Commune de Lontzen, Commune d'Esneux, and GRE-Liège) and from private enterprise (industrial, commercial, logistics, and senior-living developments—evidenced by projects for BEA, Engie, Euroports, JOST/Wust, Brasserie Lupulus, and Standard de Li\u00e8ge). Hardware revenue comes from concrete sales (recycled and standard) and from rotomolded water-tank exports. Real estate revenue is generated through direct apartment and land sales, with promotions such as €5,000 kitchen vouchers via the CuisiTime partnership on units starting from €155,000.

The competitive position rests on vertical integration—own concrete plants, recycling centre, and tank manufacturing reduce reliance on subcontractors and external inputs—and on regulatory positioning such as CO2 Performance Ladder Level 3 certification, which yields fictitious price reductions on public bids. Topcon Positioning partnership enables drone-based aerial cartography, and VCA** certification supports safety-led bidding. Recognitions include three consecutive Deloitte Best Managed Company awards (2024–2026) and an EY Entreprise de l'Année 2025 finalist placement. The stated growth profile is approximately 10% linear annual revenue growth since 2010, with ongoing capital deployment into the 16-hectare Haccourt circular-economy zone on the former Holcim cement plant site.

Name

Eloy

Legal name

Eloy

Website

https://eloy.be

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

101–250 employees

Short description

Eloy is a Belgian, family-owned construction and water-management group (founded 1965, Sprimont) operating two integrated divisions: Construction services and real estate development in Wallonia, plus eloy Water, which manufactures and exports rotomolded wastewater and rainwater-recovery tanks to 20+ countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Sprimont

HQ country

Belgium

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Construction and infrastructure works: Revenue from public and private construction projects including infrastructure, buildings, civil engineering, demolition, earthworks, drainage, roadwork, and structural works across Wallonia and beyond. Projects range from small-scale private work to large public infrastructure contracts.
2. Concrete production and sales: Production and sale of ready-mix concrete including recycled concrete products, produced at the company's own concrete plants in Bierset and Sprimont. Annual production capacity of 145,000 m³ of concrete, with a focus on recycled and low-carbon concrete.
3. Real estate development: Development and sale of residential properties including apartments and land. Eloy develops, builds, and commercializes real estate projects through its Development division, offering properties in new residences with promotional incentives such as kitchen vouchers.
4. Water management equipment: Production and sale of water treatment and rainwater recovery equipment including concrete and polyethylene tanks, produced at the Sprimont facility. Eloy Water operates internationally across more than 20 countries serving households, small and medium municipalities, and industrial clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Eloy provides integrated construction services (deconstruction, earthworks, sewerage, roadwork, civil engineering, structural work, concrete production, and real estate development) under its Construction Pole, alongside wastewater treatment and rainwater recovery equipment and systems (tanks, manhole covers, risers) under its Water Management Pole (eloy Water). The group controls the full construction value chain through internal mastery of all trades, its own concrete plants, a circular economy recycling center (Ecocentre), and a rotomolding manufacturing facility at Sprimont.

Product overview

Eloy operates as a dual-pole construction and water management group with approximately 530 employees and €164 million in revenue (2025). The company is organized into two integrated business divisions: the Construction Pole (Pôle Construction), offering comprehensive construction services from deconstruction to structural work and real estate development, including concrete production and a circular economy recycling center (Ecocentre); and the Water Management Pole (eloy Water), providing wastewater treatment and rainwater recovery solutions for residential and municipal clients internationally. The two divisions are fully integrated, allowing Eloy to manage complete project lifecycles internally, from site remediation and demolition through construction to water management systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Pôle Construction (Construction Division)

Named customers16 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• WustcoreStrategic or Co-development PartnerLong-standing construction and logistics partnership with Wust. Jointly developed major projects including the 43,300 m² JOST logistics hall at Trilogiport, combining Eloy's construction expertise with Wust's logistics property development capabilities.
• Standard de LiègeminorGTM or Marketing PartnerRecruitment partnership with Belgian football club Standard de Liège to enhance employer branding and attract talent through high-visibility sports sponsorship and co-branded communication campaigns.
• CuisiTimeminorGTM or Marketing PartnerReal estate promotional partnership offering €5,000 VAT-included kitchen vouchers to buyers of new Eloy apartments. Win-win marketing arrangement benefiting both new apartment buyers and CuisiTime's customer acquisition.
• Topcon PositioningcoreTechnology or IntegrationTechnology partnership for GPS and 3D machine control systems. Eloy was first Belgian company to use Sirius Pro drone mapping technology. Ongoing partnership involves testing new Topcon innovations on live construction sites with debrief feedback.
• GRE-Liège (Groupement des Redevances de l'Eau)coreStrategic or Co-development PartnerLong-term institutional partner for water management projects in the Liège region, collaborating on regional development initiatives including the Phénix Project at Haccourt.
• SPI (Société Provinciale d'Imagerie)coreStrategic or Co-development PartnerEconomic development partner for industrial zone development and infrastructure projects. SPI represents the provincial development agency for Wallonia, with Eloy acting as author of project and full-service developer for new economic zones.
• Lavaux ArchitectureminorImplementation/ SI/ Consulting PartnerArchitectural partner for multiple projects including the BEA headquarters at Sart-Tilman, providing architectural design services in collaboration with Eloy's construction execution.
• Lemaire IngénieursminorImplementation/ SI/ Consulting PartnerEngineering consultancy partner for the Fexhe nursing home project, providing structural and civil engineering design alongside HGA Architecture and Eloy's construction delivery.
• HGA ArchitectureminorImplementation/ SI/ Consulting PartnerArchitecture firm for the Fexhe nursing home project (100 beds + 20 assisted living units), working with Lemaire Ingénieurs and Eloy as general contractor.
• Biemar & BiemarminorImplementation/ SI/ Consulting PartnerArchitecture firm for Euroports industrial development at Engis, collaborating with Eloy on multiple logistics halls and storage platform construction.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• DEME Group: Belgian civil/marine contractor and environmental specialist covering dredging, offshore, and infra; a much larger incumbent that competes for some of the same public-sector environmental and infrastructure tenders Eloy targets.
• Colas Belgium: Belgian subsidiary of the global Colas road-building and civil engineering group; competes with Eloy's roadwork, earthworks, and infrastructure activities from an international parent.
• Eiffage: Major French construction and concessions group with Benelux operations covering civil engineering, energy infrastructure, and concessions — broader portfolio competitor on large Belgian and EU tenders.

Direct peers

• Jan De Nul: Belgian contractor with major civil engineering, environmental, and infrastructure operations, including dredging and remediation — overlaps Eloy's environmental/demolition/remediation work at much larger scale.
• BESIX Group: Belgian construction major delivering infrastructure, civil engineering, environmental, and real estate projects — directly comparable in scope, just at much larger scale; same Belgian-headquartered identity and diversified contract portfolio.
• Wanty: Belgian family-owned group active across earthworks, civil engineering, demolition, environmental works (remediation/recycling), and transport — overlapping with Eloy's Pôle Construction value chain and Wallonia footprint.
• Wust: Belgian logistics/industrial real estate developer and builder; Eloy's long-standing co-development partner on logistics halls and a head-to-head peer for industrial/logistics construction projects in Wallonia and Benelux.
• CFE Contracting: Belgian civil and infrastructure contractor (part of CFE/ACK group) active in earthworks, roadwork, and environmental works — overlapping core trades with Eloy's construction pole.
• Thomas & Piron: Walloon-rooted construction group with civil engineering, building, and real estate development activities; directly comparable region and end-market with Eloy, particularly after the integration of Galère.

Regional players

• Premier Tech Water and Environment: Water and environment solutions provider with European footprint in decentralized wastewater treatment and rainwater management; directly comparable product portfolio to eloy Water for household and small-municipality segments, though HQ'd in North America.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/eloygroup
• LinkedInlinkedin.com/company/eloy-travaux-sa
• Instagraminstagram.com/groupeeloy

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eloy