P.T.J. CONSTRUCT
ActiveSummary
P.T.J. CONSTRUCT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €397k and a net result of €-338k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-15
Solvency81▲+6
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 1.64 in 2024; short-term debt: 40.6% and cash: 1.9% of total assets), and 44.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-338k
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
34 d early
2023
34 d early
2022
31 d early
2021
32 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€397k▼ 46.0%
2024 · €736k
2018: €443k
2019: €466k▲ +5.1% vs 2018
2020: €469k▲ +0.5% vs 2019
2021: €673k▲ +43.6% vs 2020
2022: €686k▲ +2.0% vs 2021
2023: €778k▲ +13.4% vs 2022highest in 8 years
2024: €736k▼ -5.4% vs 2023
2025: €397k▼ -46.0% vs 2024lowest in 8 years
2018 → 2025
Total assets
€715k▼ 51.0%
2024 · €1.46M
2018: €2.47M
2019: €3.18M▲ +28.6% vs 2018
2020: €3.78M▲ +18.8% vs 2019highest in 8 years
2021: €2.19M▼ -42.1% vs 2020
2022: €1.71M▼ -21.9% vs 2021
2023: €1.64M▼ -4.0% vs 2022
2024: €1.46M▼ -10.9% vs 2023
2025: €715k▼ -51.0% vs 2024lowest in 8 years
2018 → 2025
Net result
€-338k▼ 706%
2024 · €-42k
2018: €142k
2019: €23k▼ -84.1% vs 2018
2020: €3k▼ -88.9% vs 2019
2021: €204k▲ +8031% vs 2020highest in 8 years
2022: €13k▼ -93.6% vs 2021
2023: €92k▲ +596% vs 2022
2024: €-42k▼ -146% vs 2023
2025: €-338k▼ -706% vs 2024lowest in 8 years
2018 → 2025
Working capital
€423k▼ 2.3%
2024 · €433k
2018: €28k
2019: €-57k▼ -307% vs 2018
2020: €-115k▼ -102% vs 2019lowest in 8 years
2021: €303k▲ +362% vs 2020
2022: €31k▼ -89.9% vs 2021
2023: €491k▲ +1499% vs 2022highest in 8 years
2024: €433k▼ -11.7% vs 2023
2025: €423k▼ -2.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€673k-€686k▲ 2.0%€778k▲ 13.4%€736k▼ 5.4%€397k▼ 46.0%
2021: €673k
2022: €686k▲ +2.0% vs 2021
2023: €778k▲ +13.4% vs 2022highest in 5 years
2024: €736k▼ -5.4% vs 2023
2025: €397k▼ -46.0% vs 2024lowest in 5 years
Operating result€322k-€39k▼ 87.9%€149k▲ 280%€-38k€-334k▼ 789%
2021: €322khighest in 5 years
2022: €39k▼ -87.9% vs 2021
2023: €149k▲ +280% vs 2022
2024: €-38k▼ -125% vs 2023
2025: €-334k▼ -789% vs 2024lowest in 5 years
Net result€204k-€13k▼ 93.6%€92k▲ 596%€-42k€-338k▼ 706%
2021: €204khighest in 5 years
2022: €13k▼ -93.6% vs 2021
2023: €92k▲ +596% vs 2022
2024: €-42k▼ -146% vs 2023
2025: €-338k▼ -706% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €334k in 2025 against €38k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €715k
Fixed assets
€1k ▼ 99.6%
Current assets
€713k ▼ 35.8%
Equity and liabilities €715k
Equity
€397k ▼ 46.0%
Debt
€318k ▼ 56.2%
Debt's share of the balance-sheet total falls from 49.6% to 44.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-332k▼
2024 · €-35k
Cash flow
€-337k▼
2024 · €-39k
Current ratio
2.46▲
2024 · 1.64
Quick ratio
2.44▲
2024 · 1.40
Debt to equity
0.80▼
2024 · 0.98
ROE
-85.1%▼
2024 · -5.7%
ROA
-47.3%▼
2024 · -2.9%
Interest coverage
-44.57▼
2024 · -8.60
Debt ≤ 1 year
€290k▼
2024 · €679k
Debt > 1 year
€27k▼
2024 · €41k
Income taxes
€321▼
2024 · €343
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.46M€715k▼
Fixed assets21/28€348k€1k▼
Tangible fixed assets22/27€6k€1k▼
Furniture and vehicles24€6k€1k▼
Financial fixed assets28€343k€93▼
Current assets29/58€1.11M€713k▼
Stocks and contracts in progress3€160k€5k▼
Stocks30/36€160k€5k▼
Amounts receivable within one year40/41€948k€695k▼
Trade receivables40€6k€0▼
Other amounts receivable41€942k€695k▼
Cash at bank and in hand54/58€3k€14k▲
Deferred charges and accrued income490/1€1k€187▼
Equity and liabilities
Total equity and liabilities10/49€1.46M€715k▼
Equity10/15€736k€397k▼
Contributions10/11€82k€82k=
Reserves13€696k€696k=
Distributable reserves133€696k€696k=
Profit (loss) carried forward14€-42k€-380k▼
Amounts payable17/49€724k€318k▼
Amounts payable after more than one year17€41k€27k▼
Financial debts170/4€41k€27k▼
Amounts payable within one year42/48€679k€290k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Financial debts43€50k€0▼
Credit institutions430/8€50k€0▼
Trade debts44€7k€31k▲
Suppliers440/4€7k€31k▲
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€10k€14k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€598k€230k▼
Accrued charges and deferred income492/3€5k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€0€325k▲
Gross operating margin9900€-33k€-6k▲
Operating profit (loss)9901€-38k€-334k▼
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€-42k€-338k▼
Income taxes67/77€343€321▼
Profit (loss) for the period9904€-42k€-338k▼
Profit (loss) for the period to be appropriated9905€-42k€-338k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-380k▼
Profit (loss) brought forward from the previous period14P-€-42k
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €578k | - | €263k | €0 | €9k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €14k | €3k | €3k | €1k | ▼ 48.3% |
| Other operating charges640/8 | €2k | €12k | €10k | €2k | €1k | ▼ 32.5% |
| Non-recurring operating charges66A | - | - | €25k | €0 | €325k | - |
| Gross operating margin9900 | €336k | €65k | €186k | €-33k | €-6k | ▲ 81.0% |
| Operating profit (loss)9901 | €322k | €39k | €149k | €-38k | €-334k | ▼ 789% |
| Financial income75/76B | - | €0 | - | - | €4k | - |
| Recurring financial income75 | - | €0 | - | - | €4k | - |
| Non-recurring financial income76B | - | €0 | - | - | - | - |
| Financial charges65/66B | €26k | €19k | €19k | €4k | €7k | ▲ 84.4% |
| Recurring financial charges65 | €26k | €19k | €19k | €4k | €7k | ▲ 84.4% |
| Profit (loss) for the period before taxes9903 | €297k | €21k | €130k | €-42k | €-338k | ▼ 712% |
| Income taxes67/77 | €92k | €7k | €38k | €343 | €321 | ▼ 6.7% |
| Profit (loss) for the period9904 | €204k | €13k | €92k | €-42k | €-338k | ▼ 706% |
| Profit (loss) for the period to be appropriated9905 | €204k | €13k | €92k | €-42k | €-338k | ▼ 706% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.19M | €1.71M | €1.64M | €1.46M | €715k | ▼ 51.0% |
| Fixed assets21/28 | €712k | €729k | €351k | €348k | €1k | ▼ 99.6% |
| Tangible fixed assets22/27 | €387k | €387k | €9k | €6k | €1k | ▼ 75.6% |
| Land and buildings22 | €387k | €375k | €0 | - | - | - |
| Furniture and vehicles24 | - | €12k | €9k | €6k | €1k | ▼ 75.6% |
| Financial fixed assets28 | €325k | €343k | €343k | €343k | €93 | ▼ 100.0% |
| Current assets29/58 | €1.47M | €978k | €1.29M | €1.11M | €713k | ▼ 35.8% |
| Stocks and contracts in progress3 | €854k | €595k | €595k | €160k | €5k | ▼ 97.0% |
| Stocks30/36 | €854k | €595k | €595k | €160k | €5k | ▼ 97.0% |
| Amounts receivable within one year40/41 | €315k | €351k | €689k | €948k | €695k | ▼ 26.7% |
| Trade receivables40 | - | - | €197 | €6k | €0 | ▼ 100% |
| Other amounts receivable41 | €315k | €351k | €689k | €942k | €695k | ▼ 26.2% |
| Cash at bank and in hand54/58 | €284k | €6k | €3k | €3k | €14k | ▲ 360% |
| Deferred charges and accrued income490/1 | €22k | €27k | €1k | €1k | €187 | ▼ 82.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.19M | €1.71M | €1.64M | €1.46M | €715k | ▼ 51.0% |
| Equity10/15 | €673k | €686k | €778k | €736k | €397k | ▼ 46.0% |
| Contributions10/11 | €82k | €82k | €82k | €82k | €82k | = |
| Reserves13 | €591k | €604k | €696k | €696k | €696k | = |
| Non-distributable reserves130/1 | €8k | €8k | €0 | - | - | - |
| Reserves not available under the articles1311 | €8k | €8k | €0 | - | - | - |
| Distributable reserves133 | €583k | €596k | €696k | €696k | €696k | = |
| Profit (loss) carried forward14 | - | - | - | €-42k | €-380k | ▼ 806% |
| Amounts payable17/49 | €1.51M | €1.02M | €862k | €724k | €318k | ▼ 56.2% |
| Amounts payable after more than one year17 | €337k | €66k | €53k | €41k | €27k | ▼ 32.8% |
| Financial debts170/4 | €337k | €66k | €53k | €41k | €27k | ▼ 32.8% |
| Amounts payable within one year42/48 | €1.17M | €948k | €797k | €679k | €290k | ▼ 57.2% |
| Current portion of amounts payable after more than one year42 | €32k | €271k | €12k | €13k | €13k | ▲ 4.5% |
| Financial debts43 | €371k | €371k | €371k | €50k | €0 | ▼ 100% |
| Credit institutions430/8 | €371k | €371k | €371k | €50k | €0 | ▼ 100% |
| Trade debts44 | €98k | €55k | €2k | €7k | €31k | ▲ 355% |
| Suppliers440/4 | €98k | €55k | €2k | €7k | €31k | ▲ 355% |
| Taxes, remuneration and social security45 | €57k | €2k | €10k | €11k | €16k | ▲ 42.7% |
| Taxes450/3 | €55k | €0 | €8k | €10k | €14k | ▲ 50.3% |
| Remuneration and social security454/9 | €2k | €2k | €2k | €2k | €2k | = |
| Other amounts payable47/48 | €615k | €249k | €403k | €598k | €230k | ▼ 61.5% |
| Accrued charges and deferred income492/3 | €5k | €9k | €11k | €5k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €204k | €13k | €92k | €-42k | €-338k | ▼ 706% |
| + Depreciation and write-downs630 | €12k | €14k | €3k | €3k | €1k | ▼ 48.3% |
| Operating cash flow (approximation) | €216k | €27k | €95k | €-39k | €-337k | ▼ 760% |
| Investment in fixed assets (approximation) | - | €-31k | €375k | €0 | €345k | - |
| Change in cash | - | €-279k | €-2k | €-323 | €11k | ▲ 3,415% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-338k
Net result drops to €-338k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €204k ▲8,031%
Operating result €322k, net result €204k, both a record.
31-12
Financial
Equity above €500kEq €673k ▲43.6%
4 profitable years in a row build equity to €673k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2007
Ground area
1,840 m²
Building footprint
312 m²
Volume, LiDAR
1,376 m³
Parcel 71016I1138/00C000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
P.T.J. Construct
since 20072.161.142.380
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1138/00C000 | Flanders | 1,840 m² | 1 · 312 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 4,773 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-03-2007
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.