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P&P Hekwerk

Active
Private limited companyfounded 2016active for 9 yearsKapelleberg 77, 2430 Laakdal, BelgiumKBO/BCE: BE 0665.800.971
Summary

P&P Hekwerk has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €517,320 and a net result of €174,651. Equity has been growing by about 35% per year since 2019. Its solvency ranks better than 28% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 07-11-2016 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Establishment unit
2.259.777.623 3980 Tessenderlo-Ham, since 07-11-2016
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Aerts PieterDirector

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€960,111
▲ 38.1%
Turnover
≈ €2.8m
estimated
Profit
€174,651
▲ 268%
Equity
€517,320
▲ 42.1%
Total assets
€2.0m
▲ 1.0%
Employees on 31-12-2025
8
=
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.38, cash €123,006lowers riskFigures for financial year 2025 (filed on 09-02-2026)Profit of €174,651 (financial year 2025)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 51+7
equity 26.5% of total assets
Liquidity 49+1
short-term debt 24.4% · cash 6.3%
Profitability 80+8
return on assets 8.9%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.3%▼ -0.3 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.6%▲ +0.3 percentage points vs 02-2025highest value 04-2025: 1.5%▼ -0.1 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.4 percentage points vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 0.7%▼ -0.4 percentage points vs 02-2026 04-2026: 0.6%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 0.6%● unchanged vs 04-2026lowest value 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.6%● unchanged vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (1.06 in 2024), below the usual 1.5. Short-term debt is 24.4% and cash 6.3% of total assets. 73.5% 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 43, micro). It does better than 28% of them on solvency, 41% on liquidity, 59% on profitability and 80% on growth.

The bankruptcy probability was computed on 03-11-2026 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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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed on 09-02-2026)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Profit of €174,651 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.38, cash €123,006
NBB · annual accounts
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 09-02-2026, 172 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
172 days early
2024
158 days early
2023
45 days early
2022
41 days early
2021
46 days early
2020
44 days early
2019
42 days early
← 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 78 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 23 February (3 of the last 3 accounts filed within 114 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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

  • Positive: Result rose in 2025from €47,477 to €174,651 ▲ 268% View
  • Positive: Higher net result than 85% of companies in specialised constructionsector median €26,845 · 9,890 companies €174,651 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 5 profitable years in a rowprofit 2025: €174,651 5 years View

Recent changes

  1. · Gazette deed Registered office moved from Meerhout to LaakdalNew seat: 2430 Laakdal, Kapelleberg 77 · Previous seat: 2450 Meerhout, Heikant 36
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as P&P Hekwerk: joinery installation (NACE 43320). They are comparable in size and age: total assets between €1.4m and €2.1m, founded between 2015 and 2017.

CompanyTotal assetsGross margin
P&P Hekwerk Laakdal€2.0m€1.0m
H.A.P. Construct Tielt€2.0m€1.1m
MDS ramen deuren en veranda’s Geraardsbergen€2.1m€0.8m
INTERIEUR VANESCH Middelkerke€1.8m€0.7m
VAN OERLE INTERIEUR Merksplas€1.7m€0.6m
ATELIER DT Kapellen€1.5m€1.1m
ARTO Malle€1.4m€0.9m
Full comparison

Key facts about P&P Hekwerk

What is the company number of P&P Hekwerk?
The company number of P&P Hekwerk is 0665.800.971. The VAT number is the same number with BE in front: BE 0665.800.971.
Where is P&P Hekwerk based?
The registered office is at Kapelleberg 77, 2430 Laakdal.Company details
What does P&P Hekwerk do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of P&P Hekwerk?
The legal form of P&P Hekwerk is Private limited company (BV).
When was P&P Hekwerk founded?
P&P Hekwerk was founded on 07-11-2016.
Is P&P Hekwerk still active?
Yes, P&P Hekwerk is an active enterprise in the KBO register.
How many employees does P&P Hekwerk have?
P&P Hekwerk had an average of 6.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of P&P Hekwerk?
The turnover in financial year 2025 is ≈ €2.8m. This figure is estimated from the gross margin of €960,111 and 40 comparable companies (NACE 433). It probably lies between €2.1m and €3.5m.
Is P&P Hekwerk profitable?
In financial year 2025, P&P Hekwerk made a profit of €174,651.
Where can I find the annual accounts of P&P Hekwerk?
P&P Hekwerk filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P&P Hekwerk due?
P&P Hekwerk must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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