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P.M.Terrassement

Active
Private limited companyfounded 2012active for 14 yearsRue Franco Rasetti 32, 4300 Waremme, BelgiumKBO/BCE: BE 0849.431.176
Summary

P.M.Terrassement has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262,986 and a net result of €46,128. Equity has been growing by about 64% per year since 2018. Its solvency ranks better than 29% of 9,380 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 09-10-2012 Normal situation
Activity
General construction of residential buildings NACE 41001and 4 others
Establishment unit
2.366.135.648 4432 Ans, since 01-08-2024
Financial year end
31 December
Peppol
Reachable since 30-09-2025

Board and ownership

Board
  • PATTI MickaëlDirector

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€545,982
▲ 0.9%
Turnover
≈ €1.2m
estimated
Profit
€46,128
▼ 64.3%
Equity
€262,986
▲ 21.3%
Total assets
€1.1m
▲ 68.1%
Staff
6.5 FTE
=
Filed on 30-06-2026, 31 days before the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €1.1mFigures for financial year 2025 (filed on 30-06-2026)Founded in 2012Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Average
Solvency 48-9
equity 23.2% of total assets
Liquidity 40+3
short-term debt 32.4% · cash 3.0%
Profitability 74-19
return on assets 4.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.1%▲ +0.1 percentage points vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 1.8%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -1.6 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026 10-2026: 0.2%▼ -0.7 percentage points vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.8 (0.72 in 2024), below 1. Short-term debt is 32.4% and cash 3% of total assets. 76.8% of the assets are financed with debt and provisions.
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 41, micro). It does better than 30% of them on solvency, 36% on liquidity, 49% on profitability and 65% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
29 days late
2023
30 days late
2022
19 days early
2021
61 days late
2020
181 days late
2019
56 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 44 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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. The company usually files around 29 August (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €129,222 to €46,128 ▼ 64.3% View
  • Positive: More equity than 90% of companies in construction of buildingssector median €45,645 · 9,383 companies €262,986 View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as P.M.Terrassement: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.1m and €1.2m, founded between 2011 and 2014.

CompanyTotal assetsGross margin
P.M.Terrassement Waremme€1.1m€0.5m
RENOVE CONCEPT Verviers€1.2m€0.6m
BELTECHNIC Anderlecht€1.1m€0.6m
Aannemingen Versluys Aalter€1.2m€0.5m
Vanneste Construct Menen€1.2m€0.5m
Pure Projects Merksplas€1.2m€0.5m
RAS Hasselt€1.1m€0.5m
Full comparison

Key facts about P.M.Terrassement

What is the company number of P.M.Terrassement?
The company number of P.M.Terrassement is 0849.431.176. The VAT number is the same number with BE in front: BE 0849.431.176.
Where is P.M.Terrassement based?
The registered office is at Rue Franco Rasetti 32, 4300 Waremme.Company details
What does P.M.Terrassement do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of P.M.Terrassement?
The legal form of P.M.Terrassement is Private limited company (BV).
When was P.M.Terrassement founded?
P.M.Terrassement was founded on 09-10-2012.
Is P.M.Terrassement still active?
Yes, P.M.Terrassement is an active enterprise in the KBO register.
How many employees does P.M.Terrassement have?
P.M.Terrassement had an average of 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of P.M.Terrassement?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €545,982 and 55 comparable companies (NACE 41001). It probably lies between €980,000 and €2.0m. In financial year 2020 turnover was €843,744.
Is P.M.Terrassement profitable?
In financial year 2025, P.M.Terrassement made a profit of €46,128.
Where can I find the annual accounts of P.M.Terrassement?
P.M.Terrassement filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P.M.Terrassement due?
P.M.Terrassement must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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