Equity
-€7,392
Debts exceed assets in financial year 2025.
P&D Construct
Lifetime
2 annual accounts with figures on one time axispeak €1,459 (2025)
€1,459▲ €10,160
lowest -€8,919 (2024)
-€1,474▲ €7,445
peak -€5,919 (2024)
-€7,392▼ €1,474
€30,465▲ 44.8%
Board1 name since 2024
1 directorPalmans, Yves
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from -€8,701 to €1,459Loss of €1,474Registered office moved from Nijlen to Bevel 16-10Equity from -€5,919 to -€7,392Debts from €21,046 to €30,465Investments €15,489
Key points
from the 2025 annual accountsLosses
-€10,392 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€30,465 132% of the balance sheet
Suppliers 38%Taxes and wages 17%Other 45%
Investments
€15,489 19.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.27 was 0.71 in 2024
Short-term debts rose from €21,046 to €30,465.
Position in the sector
-32.0%
Lower solvency than 95% of companies in repair and installation of machinery. Sector median 45.5% · 1,703 companies.
2025 accounts filed 18 days after the deadline
Checked score
47
Fair
Financially stronger than 10% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,399 companies (NACE 33, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 1.8%lowest value
10-2025: 2.7%▲ +0.9 percentage points vs 09-2025
11-2025: 4.2%▲ +1.5 percentage points vs 10-2025
12-2025: 4.5%▲ +0.3 percentage points vs 11-2025
01-2026: 4.6%▲ +0.1 percentage points vs 12-2025
02-2026: 4.7%▲ +0.1 percentage points vs 01-2026
03-2026: 4.7%● unchanged vs 02-2026
04-2026: 5.8%▲ +1.1 percentage points vs 03-2026
05-2026: 6.0%▲ +0.2 percentage points vs 04-2026
06-2026: 6.2%▲ +0.2 percentage points vs 05-2026
07-2026: 6.3%▲ +0.1 percentage points vs 06-2026
08-2026: 7.1%▲ +0.8 percentage points vs 07-2026highest value
09-2026: 3.8%▼ -3.3 percentage points vs 08-2026
10-2026: 3.8%● unchanged vs 09-2026
11-2026: 3.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Negative equity -€7,392
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 19-08-2026)
Calculation
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 33, micro). It does better than 3% of them on solvency, 9% on liquidity, 12% on profitability and 16% on growth.
The bankruptcy probability was computed on 10-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as P&D Construct has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of P&D Construct itself: 3.8% within 12 months.
Test of the method
The method was tested on the 497,448 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 1,555 companies, not a prediction for P&D Construct. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.27 (0.71 in 2024), below 1. Short-term debt is 132% and cash 13% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€7,392
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
18 days late
2024
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 40 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Nijlen to Bevel
New registered office: Heikant 95, 2560 Bevel · Previous registered office: Woeringenstraat 26 bus 201, 2560 Nijlen · Board meeting of 08-09-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1012775119
Incorporation
Founding capital of €3,000 · Founder: Palmans, Yves · Appointment: Palmans, Yves (director) · published on 28-08-2024 · Gazette deed
First establishment
Heikant (Bevel) 95, Nijlen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| P&D Construct Nijlen | €23,073 | €1,459 | -32.0% | - |
| M-repair Oud-Turnhout | €21,194 | -€4,324 | 28.2% | - |
| IMTA Technics Kalmthout | €26,382 | -€1,845 | 26.0% | - |
| RENOBOOST Wuustwezel | €32,145 | -€10,603 | 4.4% | - |
| DB CONSULTING Oud-Heverlee | €22,089 | -€258 | -43.5% | - |
| EC Maintenance Andenne | €16,891 | -€4,716 | -13.8% | - |
| MazeTronix Kasterlee | €12,295 | -€284 | 51.3% | - |
These companies have the same main activity as P&D Construct: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €12,300 and €32,100, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 26-08-2024Normal situation
- Activity
- Repair and maintenance of machineryNACE 33120
- Establishment unit
- 2.362.927.1262560 Nijlen, since 26-08-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 29-04-2025
Insights on P&D Construct
The computed 12-month bankruptcy probability of P&D Construct is 3.8% (moderate). The 2025 annual accounts show negative equity (-€7,392) and a net result of -€1,474.
Its solvency ranks better than 5% of 1,703 sector peers (NACE 33, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about P&D Construct
- What is the company number of P&D Construct?
- The company number of P&D Construct is 1012.775.119. The VAT number is the same number with BE in front: BE 1012.775.119.
- Where is P&D Construct based?
- The registered office is at Heikant (Bevel) 95, 2560 Nijlen.Company details
- What does P&D Construct do?
- According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
- What is the legal form of P&D Construct?
- P&D Construct is a private limited company (BV).
- When was P&D Construct founded?
- P&D Construct was founded on 26-08-2024.
- Is P&D Construct still active?
- Yes, P&D Construct is an active enterprise in the KBO register.
- What is the turnover of P&D Construct?
- The turnover in financial year 2025 is ≈ €11,000. This figure is estimated from the gross margin of €1,459 and 6,296 comparable companies of the same size. It probably lies between €5,100 and €27,000. It is a rough estimate.Financials
- Is P&D Construct profitable?
- In financial year 2025, P&D Construct made a loss of €1,474.
- Where can I find the annual accounts of P&D Construct?
- P&D Construct filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of P&D Construct due?
- P&D Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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