Equity
-€7,392
Debts exceed assets in financial year 2025.
P&D Construct
Overview
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.
Credit check for an amount and term of your choice
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.
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
Annual accounts 2025
- €1,459
- ≈ €11,000estimated
- €1,474▼ 83.5%
- -€7,392▼ 24.9%
- €23,073▲ 52.5%
- Filing
- Filed on 18-08-2026
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.
Financials
Annual accounts 2025
micro format, filed on 18-08-2026, 18 days late€1,459
▲ €10,160
€21
▲ €8,994
-€1,474
▲ €7,445
-€22,215
▼ €16,146
-32.0%
▲ 7.1 percentage points
0.27
▼ 0.44
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 ≈ €11,000. Estimated: probably between €5,100 and €27,000.
Balance sheet
balance sheet total €23,073 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-32.0%
Lower than 95% of 1,703 companies in 2025.
0.27
Lower than 95% of 1,665 companies in 2025.
-6.4%
Higher than 11% of 1,670 companies in 2025.
P&D Construct
Middle half of the sector
80% of the sector
Micro accounts in repair and installation of machinery (NACE 33)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
23,073 | 15,127 | |
21/28 |
14,823 | 150 | |
22/27 |
14,673 | - | |
23 |
2,444 | - | |
24 |
4,453 | - | |
27 |
7,776 | - | |
28 |
150 | 150 | |
29/58 |
8,250 | 14,977 | |
40/41 |
5,260 | 12,719 | |
40 |
5,227 | 9,610 | |
41 |
33 | 3,109 | |
54/58 |
2,990 | 1,214 | |
490/1 |
- | 1,044 | |
| Balance sheet: equity and liabilities | |||
10/49 |
23,073 | 15,127 | |
10/15 |
-7,392 | -5,919 | |
10/11 |
3,000 | 3,000 | |
14 |
-10,392 | -8,919 | |
17/49 |
30,465 | 21,046 | |
42/48 |
30,465 | 21,046 | |
44 |
11,473 | 4,281 | |
440/4 |
11,473 | 4,281 | |
46 |
- | 5,059 | |
45 |
5,142 | 7,705 | |
450/3 |
5,142 | 2,898 | |
454/9 |
- | 4,807 | |
47/48 |
13,849 | 4,000 | |
| Income statement | |||
9900 |
1,459 | -8,701 | |
630 |
816 | - | |
640/8 |
622 | 272 | |
9901 |
21 | -8,973 | |
75/76B |
0 | 94 | |
75 |
0 | 94 | |
65/66B |
1,320 | 33 | |
65 |
1,320 | 33 | |
9903 |
-1,299 | -8,912 | |
67/77 |
175 | 7 | |
9904 |
-1,474 | -8,919 | |
9905 |
-1,474 | -8,919 | |
| Appropriation of the result | |||
9906 |
-10,392 | -8,919 | |
14P |
-8,919 | - | |
| 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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 18-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 18 days after the deadline. Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00404928.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 837 | - | ||
| -658 | - | ||
| 15,489 | 150 | ||
| 1,776 | - | ||
| -22,215 | -6,069 | ||
| -32.0% | -39.1% | ||
| 0.27 | 0.71 | ||
| -6.4% | -59.0% | ||
| 0.63 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €15,489 | - |
| Financial fixed assets | - | €150 |
| €816 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on P&D Construct
The operating result for 2025 is a profit of €21, after a loss of €8,973 in 2024.
Equity is negative. Debt (€30,465) exceeds the balance-sheet total (€23,073).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 26-08-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 18-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Bevoegdheid. De bestuurder(s) of het college van bestuurders zijn bevoegd om alle handelingen te verrichten die nodig of dienstig zijn tot…”deed of 28-08-2024
Mandates through the years
1 name, the dashed line is todayPalmans, Yves
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Palmans, Yves
- Director (not named in the articles), from 26-08-2024 to date
Control
Capital
- Contribution
- €3,000
- Source
- deed of 28-08-2024
Articles of association
deed of 28-08-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“De vergadering wordt voorgezeten door de voorzitter of bij diens afwezigheid door het lid van het college dat bij gewone meerderheid is…”“Wanneer de uitnodiging tot de vergadering dit uitdrukkelijk bepaalt, kunnen de bestuurders op afstand deelnemen aan alle vergaderingen van…”“De algemene vergadering beslist of het mandaat van de bestuurders al dan niet ten kosteloze titel wordt uitgeoefend. Indien het mandaat van…”“Het bestuursorgaan kan het dagelijks bestuur alsook de vertegenwoordiging van de vennootschap wat dat bestuur aangaat, opdragen aan één of…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00
Shareholders
At incorporation
deed of 28-08-2024 ↗
- Palmans, Yves €3,000 in cash
Network & group
No group
P&D Construct has no parent and no holdings in its annual accounts. Palmans, Yves is the only director. P&D Construct shares no director with another company.
Timeline
Timeline
6 events since 2024Filings
Establishments
Address
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 18 days late
2025
Registered office moved from Nijlen to BevelNew registered office: Heikant 95, 2560 Bevel · Previous registered office: Woeringenstraat 26 bus 201, 2560 Nijlen · Board meeting of 08-09-20252 points ▸
- Board meeting, 08-09-2025
- Registered-office move, Heikant 95, 2560 Bevel
Annual accounts 2024 filed NBBmicro format · 61 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1012775119
2024
IncorporationFounding capital of €3,000 · Founder: Palmans, Yves · Appointment: Palmans, Yves (director) · published on 28-08-20244 points ▸
- Founder, Palmans, Yves
- Registered office clause, Woeringenstraat 26 bus 201, 2560 Nijlen
- Director appointment, Palmans, Yves (director (not named in the articles))
- Founding capital, €3,000
- The deed holds 1 more point.
First establishment Heikant (Bevel) 95, Nijlen
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 26 August 2024, P&D Construct was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2025 the registered office moved to Bevel.3 Palmans, Yves has served as director since 2024.4
Company details
Identity
- Enterprise number
- 1012.775.119
- VAT number
- BE 1012.775.119
- Peppol ID
- 0208:1012775119
- Other Peppol ID
- 9925:BE1012775119
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-08-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 28-08-2024 (in Dutch)
- Peppol
- Reachable since 29-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- P&D Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-08-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 28-08-2024 (in Dutch)
Activities
NACEBEL 202533120
Repair and maintenance of machinery main activity
Codes under NACEBEL 2008
33120
Repair, maintenance and installation of machinery and equipment main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Onderhoud en reparatie van gespecialiseerd transportvoertuigen en transportmiddelen, zoals onder meer straddle carriers; Aankoop, verkoop…”deed of 28-08-2024 (in Dutch)
10 activities
- Onderhoud en reparatie van gespecialiseerd transportvoertuigen en transportmiddelen, zoals onder meer straddle carriers.
- Aankoop, verkoop, huur, verhuur, leasing, reparatie en onderhoud van voertuigen.
- Uitbating van een werkplaats voor herstelling en onderhoud, slopen, koetswerk en schilderen alsook de stalling van allerhande voertuigen.
- Het onderhoud, de herstelling, de schildering van aanhangwagens, opleggers en bedrijfsvoertuigen.
- Opmaken van schadebestekken.
- Schoonmaken van allerhande voertuigen.
- Tussenpersoon in de handel van brandstoffen.
- Het geven van allerhande opleidingen.
- Het beheer van een onroerend of roerend vermogen en de huurfinanciering van roerende en onroerende goederen aan derden, het aankopen, ruilen, doen bouwen, doen verbouwen, onderhouden, renoveren, verhuren, huren, prospecteren en uitbaten van onroerende goederen, verstrekken van zakelijke rechten zoals vruchtgebruik, opstalrecht, erfpacht met betrekking tot haar patrimonium aan derden alsmede alle handelingen die rechtstreeks of onrechtstreeks hiermee in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen.
- De uitbating, het beheer en de inrichting van drankgelegenheden, verbruikssalons, cafés, tavernes, clubs, bars, tea-rooms, restaurants, hotels, traiteurdiensten, alsook het inrichten van banketten, feestelijkheden en de verhuring van feestzalen, de bereiding en de handel, import en export van alle mogelijke koude en warme gerechten, dranken, gebak en confiserie, vlees- en viswaren, ijs en rookwaren en alle aanverwante artikelen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Heikant (Bevel) 95 registered office 2560 Nijlen 3312003 Repair and maintenance of machinery | 26-08-2024 | 2.362.927.126 |
1 former office
- 2560 Nijlen until 08-09-2025 · deed of 16-10-2025
Buildings and parcels at the address
- Ground area
- 2,770 m²
- Buildings
- 150 m²
- Volume, LiDAR
- 642 m³
- Tallest building
- 6.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12003A0269/00L002 | 2,770 m² | 1 · 150 m² | 6.1 m · 1 |