Financials
- Financial year
- 2024
- Total assets
- €95,181
- Loss
- -€6,677
- Solvency
- 58.5%
Turnover▲ 70.7%
Net result
20222023
P.G. CONSTRUCTION
ActiveSummary
The computed 12-month bankruptcy probability of P.G. CONSTRUCTION is 15.8% (high). The 2024 annual accounts show equity of €55,655 and a net result of -€6,677. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 63% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Screed work
NACE 43422Floor and wall tiling NACE 43331
1 site
Size
€95,181total assets 2024
- Staff
- 2.7 FTE
- Equity
- €55,655
- Loss
- -€6,677
Turnover not published (micro format)
Structure
2025 accounts not filed, 85 days past the deadline1 of 2 deeds summarised
Why 17raises risk1 financial year not filed after the legal deadline; last filed accounts filed 242 days late; 3 of the last 3 late1 change of registered office in 24 monthsFigures for financial year 2024 (filed 30-03-2026)Liquidity: current ratio 2.19Show the evidence
Checked score
Score 2024
17
/ 100
Critical
Probability in this band: over 15.0%
Financially better than 43% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Strong
Solvency
83-16
equity 58.5% of total assets
Liquidity
61-29
short-term debt 41.5%
Profitability
56-44
return on assets -7.0%
Bankruptcy probability, 12 months
15.8%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 15.1%
12-2024: 16.8%▲ +1.7 percentage points vs 11-2024
01-2025: 20.6%▲ +3.8 percentage points vs 12-2024
02-2025: 20.6%● unchanged vs 01-2025
03-2025: 20.6%● unchanged vs 02-2025
04-2025: 19.4%▼ -1.2 percentage points vs 03-2025
05-2025: 19.4%● unchanged vs 04-2025
06-2025: ≥ 25%▲ +7.1 percentage points vs 05-2025
07-2025: ≥ 25%● unchanged vs 06-2025
08-2025: ≥ 25%● unchanged vs 07-2025highest value
09-2025: 8.0%▼ -21.4 percentage points vs 08-2025lowest value
10-2025: 12.0%▲ +4.0 percentage points vs 09-2025
11-2025: 11.9%▼ -0.1 percentage points vs 10-2025
12-2025: 14.2%▲ +2.3 percentage points vs 11-2025
01-2026: 17.7%▲ +3.5 percentage points vs 12-2025
02-2026: 17.7%● unchanged vs 01-2026
03-2026: 17.7%● unchanged vs 02-2026
04-2026: 11.3%▼ -6.4 percentage points vs 03-2026
05-2026: 11.4%▲ +0.1 percentage points vs 04-2026
06-2026: 11.2%▼ -0.2 percentage points vs 05-2026
07-2026: 10.8%▼ -0.4 percentage points vs 06-2026
08-2026: 11.4%▲ +0.6 percentage points vs 07-2026
09-2026: 12.4%▲ +1.0 percentage point vs 08-2026
10-2026: 15.8%▲ +3.4 percentage points vs 09-2026
No credit on open account
Liquidity ample (current ratio 2.19, compared with 3.18 in 2023, above the usual 1.5; short-term debt: 41.5% of total assets), and 41.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 64% on solvency, 58% on liquidity, 27% on profitability and 24% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
raises risk · 2024 accounts filed 242 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-03-2026, 242 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
242 days late
2023
379 days late
2022
137 days late
2021
92 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 213 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Resignation: JessícaPUGLIESE (director)Registered-office move
Key points
By topic
Timeline
- Events
- 8
- Since
- 2022
- 31-12-2024Weakest financial year
- 31-12-2023Back to profit
- 31-12-2023Liquidity more than doubled
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Screed workNACE 43422
- Founded
- 07-09-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about P.G. CONSTRUCTION
- What is the company number of P.G. CONSTRUCTION?
- 0753.765.422. In Belgium the VAT number is the company number with BE in front: BE 0753.765.422.
- Where is P.G. CONSTRUCTION based?
- The registered office is at Rue de Bruxelles 110, 4340 Awans.Company details
- What does P.G. CONSTRUCTION do?
- According to the KBO register, the main activity is screed work (NACE 43422).
- What is the legal form of P.G. CONSTRUCTION?
- Private limited company (BV).
- When was P.G. CONSTRUCTION founded?
- On 07-09-2020.
- Is P.G. CONSTRUCTION still active?
- Yes, P.G. CONSTRUCTION is an active enterprise in the KBO register.
- How many employees does P.G. CONSTRUCTION have?
- On average 2.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of P.G. CONSTRUCTION?
- €120,827 in financial year 2023, according to the filed annual accounts.
- Is P.G. CONSTRUCTION profitable?
- In financial year 2024, P.G. CONSTRUCTION made a loss of €6,677.
- Where can I find the annual accounts of P.G. CONSTRUCTION?
- P.G. CONSTRUCTION filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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