Equity
2P MANAGEMENT & CONSTRUCTION has made a profit in every financial year since 2023.
2P MANAGEMENT & CONSTRUCTION has made a profit in every financial year since 2023.
The micro format states no turnover.
Green is investment, beige is depreciation.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 57% of them on solvency, 74% on liquidity, 84% on profitability and 94% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as 2P MANAGEMENT & CONSTRUCTION has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of 2P MANAGEMENT & CONSTRUCTION itself is lower: < 0.1% within 12 months. It rests on far more data about 2P MANAGEMENT & CONSTRUCTION than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for 2P MANAGEMENT & CONSTRUCTION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.71 (1.78 in 2024), above the usual 1.5. Short-term debt is 38% and cash 50% of total assets. 38% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 58 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| 2P MANAGEMENT & CONSTRUCTION Soumagne | €97,951 | €58,663 | 62.0% | - |
| VDM Management Soumagne | €105,279 | €61,415 | 83.7% | - |
| PharmaConsultEvent Sprimont | €106,820 | €53,758 | 70.0% | - |
| ThEM Concept Plombières | €105,762 | €59,802 | 66.0% | - |
| TBR ENGINEERING Thimister-Clermont | €113,452 | €53,256 | 61.1% | - |
| CMD Consulting Awans | €104,076 | €63,047 | 78.5% | - |
| A. GREGOIRE Malmedy | €82,821 | €52,635 | 80.1% | - |
These companies have the same main activity as 2P MANAGEMENT & CONSTRUCTION: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €82,800 and €113,000, founded in 2023.
2P MANAGEMENT & CONSTRUCTION files the micro format. That format states no turnover. The gross margin rose from €7,837 in 2023 to €58,663 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €90,000 and €150,000.
Higher than 56% of 39,360 companies in 2025.
Higher than 43% of 38,044 companies in 2025.
Higher than 80% of 38,516 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
97,951 | 47,858 | 22,005 | |
21/28 |
34,350 | - | - | |
22/27 |
34,350 | - | - | |
24 |
32,679 | - | - | |
26 |
1,671 | - | - | |
29/58 |
63,601 | 47,858 | 22,005 | |
40/41 |
14,565 | 8,991 | 9,587 | |
40 |
11,480 | 8,991 | 9,587 | |
41 |
3,085 | - | - | |
54/58 |
49,010 | 37,054 | 12,339 | |
490/1 |
26 | 1,814 | 79 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
97,951 | 47,858 | 22,005 | |
10/15 |
60,720 | 20,920 | 6,112 | |
10/11 |
5,000 | 5,000 | 5,000 | |
13 |
15,920 | 15,920 | 1,112 | |
133 |
15,920 | 15,920 | 1,112 | |
14 |
39,800 | - | - | |
17/49 |
37,231 | 26,938 | 15,893 | |
42/48 |
37,231 | 26,938 | 15,893 | |
44 |
827 | 869 | 3,570 | |
440/4 |
827 | 869 | 3,570 | |
45 |
28,149 | 17,791 | 10,873 | |
450/3 |
28,149 | 17,791 | 7,061 | |
454/9 |
- | - | 3,812 | |
47/48 |
8,255 | 8,279 | 1,450 | |
| Income statement | ||||
9900 |
58,663 | 22,607 | 7,837 | |
630 |
6,318 | - | 2,576 | |
640/8 |
1,169 | 257 | 1,526 | |
9901 |
51,177 | 22,350 | 3,735 | |
65/66B |
351 | 208 | 35 | |
65 |
351 | 208 | 35 | |
9903 |
50,826 | 22,142 | 3,700 | |
67/77 |
11,026 | 6,475 | 1,788 | |
9904 |
39,800 | 15,667 | 1,912 | |
9905 |
39,800 | 15,667 | 1,912 | |
| Appropriation of the result | ||||
9906 |
39,800 | 15,667 | 1,912 | |
691/2 |
0 | 14,808 | 1,112 | |
6921 |
0 | 14,808 | 1,112 | |
694/7 |
0 | 859 | 800 | |
694 |
0 | 859 | 800 | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 24-04-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 57,494 | - | 6,311 | ||
| 46,117 | - | 4,488 | ||
| 53,462 | - | - | ||
| 11,957 | 24,715 | - | ||
| 26,370 | 20,920 | 6,112 | ||
| 62.0% | 43.7% | 27.8% | ||
| 1.71 | 1.78 | 1.38 | ||
| 0.61 | 1.29 | 2.60 | ||
| 65.5% | 74.9% | 31.3% | ||
| 40.6% | 32.7% | 8.7% | ||
| over 100 | - | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €53,462 | - | - |
| €6,318 | - | €2,576 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 129% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 56.3% to 38.0%. Equity and debt are higher.
2P MANAGEMENT & CONSTRUCTION has no parent and no holdings in its annual accounts. PUTZ Pascal Liliane Jacques is the only director.
| TOITURES LIEGEOIS via PUTZ Pascal Liliane Jacques, no longer at TOITURES LIEGEOIS · Managing director · deed of 26-07-2023 founded in 2023 |
12 FTE (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
2P MANAGEMENT & CONSTRUCTION was incorporated on 22 June 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 Since 2023, PUTZ Pascal Liliane Jacques has served as director.3 Total assets rose from €22,005 in 2023 to €97,951 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Voie de Liège 140 registered office 4630 Soumagne | 01-07-2023 | 2.350.726.902 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62008A0018/00E000 | 1,613 m² | 1 · 163 m² | 7.8 m · 2 |
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