PAAM CONSTRUCT

Active

Private limited companyfounded 20233 yrs activeHuisepontweg 23, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0798.198.350

Summary

The computed 12-month bankruptcy probability of PAAM CONSTRUCT is 2.6% (moderate). The 2025 annual accounts show equity of €124k and a net result of €71k. Its solvency ranks better than 47% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

PAAM CONSTRUCTActiveChecked score 61/100

Risk analysis Report Compare

Checked score

Score 2025

61 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability95▲+14

Solvency70▲+22

Growth85

Track record94

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €7k at 30 days acceptable

Liquidity tight (current ratio 1.49 against 1.02 in 2024; short-term debt: 55.5% and cash: 12.5% of total assets), and 55.5% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 28-02-2025 was due by 30-09-2025 and was filed on 15-09-2025, 15 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

15 d early

2024

4 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover

€719k▲ 52.8%

2024 · €470k

2024: €470k 2025: €719k▲ +52.8% vs 2024

2024 → 2025

EBIT margin

12.3%▲ 3.4pp

2024 · 8.9%

2024: 8.9% 2025: 12.3%▲ +38.6% vs 2024

2024 → 2025

Net result

€71k▲ 111%

2024 · €33k

2024: €33k 2025: €71k▲ +111% vs 2024

2024 → 2025

Working capital

€76k▲ 2,440%

2024 · €3k

2024: €3k 2025: €76k▲ +2440% vs 2024

2024 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Turnover€470k-€719k▲ 52.8% 2024: €470k 2025: €719k▲ +52.8% vs 2024

Equity€53k-€124k▲ 132% 2024: €53k 2025: €124k▲ +132% vs 2024

Operating result€42k-€88k▲ 112% 2024: €42k 2025: €88k▲ +112% vs 2024

Net result€33k-€71k▲ 111% 2024: €33k 2025: €71k▲ +111% vs 2024

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 112% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €278k

17.2%

82.8%

Fixed assets €48k ▼ 5.0%

Current assets €230k ▲ 29.2%

Equity and liabilities €278k

44.5%

55.5%

Equity €124k ▲ 132%

Debt €154k ▼ 12.0%

Debt's share of the balance-sheet total falls from 76.7% to 55.5%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€114k▲

2024 · €59k

Cash flow

€96k▲

2024 · €51k

Current ratio

1.49▲

2024 · 1.02

Debt to equity

1.25▼

2024 · 3.29

ROE

56.9%▼

2024 · 62.5%

ROA

25.4%▲

2024 · 14.6%

Interest coverage

539.76▼

2024 · 688.00

Debt ≤ 1 year

€154k▼

2024 · €175k

Income taxes

€18k▲

2024 · €8k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines

Balance sheet Code20242025

Assets

Total assets20/58€229k€278k▲

Fixed assets21/28€50k€48k▼

Tangible fixed assets22/27€50k€48k▼

Plant, machinery and equipment23€34k€39k▲

Furniture and vehicles24€16k€9k▼

Current assets29/58€178k€230k▲

Amounts receivable within one year40/41€174k€195k▲

Trade receivables40€164k€182k▲

Other amounts receivable41€10k€14k▲

Cash at bank and in hand54/58€4k€35k▲

Deferred charges and accrued income490/1€250-

Equity and liabilities

Total equity and liabilities10/49€229k€278k▲

Equity10/15€53k€124k▲

Contributions10/11€20k€20k=

Profit (loss) carried forward14€33k€104k▲

Amounts payable17/49€175k€154k▼

Amounts payable within one year42/48€175k€154k▼

Trade debts44€138k€93k▼

Suppliers440/4€68k€93k▲

Bills of exchange payable441€70k-

Taxes, remuneration and social security45€23k€38k▲

Taxes450/3€8k€18k▲

Remuneration and social security454/9€15k€20k▲

Other amounts payable47/48€14k€23k▲

Income statement Code20242025

Turnover70€470k€719k▲

Goods, raw materials, services and sundry goods60/61€406k€599k▲

Remuneration, social security and pensions62€598-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€26k▲

Other operating charges640/8€5k€7k▲

Gross operating margin9900€65k€121k▲

Operating profit (loss)9901€42k€88k▲

Financial income75/76B€47€17▼

Recurring financial income75€47€17▼

Financial charges65/66B€86€212▲

Recurring financial charges65€86€212▲

Profit (loss) for the period before taxes9903€42k€88k▲

Income taxes67/77€8k€18k▲

Profit (loss) for the period9904€33k€71k▲

Profit (loss) for the period to be appropriated9905€33k€71k▲

Appropriation of the result

Profit (loss) to be appropriated9906€33k€104k▲

Profit (loss) brought forward from the previous period14P-€33k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2024	2025	Change
Turnover70	€470k	€719k	▲ 52.8%
Goods, raw materials, services and sundry goods60/61	€406k	€599k	▲ 47.8%
Remuneration, social security and pensions62	€598	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€18k	€26k	▲ 47.1%
Other operating charges640/8	€5k	€7k	▲ 22.4%
Gross operating margin9900	€65k	€121k	▲ 85.0%
Operating profit (loss)9901	€42k	€88k	▲ 112%
Financial income75/76B	€47	€17	▼ 63.6%
Recurring financial income75	€47	€17	▼ 63.6%
Financial charges65/66B	€86	€212	▲ 146%
Recurring financial charges65	€86	€212	▲ 146%
Profit (loss) for the period before taxes9903	€42k	€88k	▲ 112%
Income taxes67/77	€8k	€18k	▲ 112%
Profit (loss) for the period9904	€33k	€71k	▲ 111%
Profit (loss) for the period to be appropriated9905	€33k	€71k	▲ 111%

Line	2024	2025	Change
Assets
Total assets20/58	€229k	€278k	▲ 21.7%
Fixed assets21/28	€50k	€48k	▼ 5.0%
Tangible fixed assets22/27	€50k	€48k	▼ 5.0%
Plant, machinery and equipment23	€34k	€39k	▲ 14.4%
Furniture and vehicles24	€16k	€9k	▼ 46.7%
Current assets29/58	€178k	€230k	▲ 29.2%
Amounts receivable within one year40/41	€174k	€195k	▲ 12.2%
Trade receivables40	€164k	€182k	▲ 11.0%
Other amounts receivable41	€10k	€14k	▲ 32.7%
Cash at bank and in hand54/58	€4k	€35k	▲ 793%
Deferred charges and accrued income490/1	€250	-	-
Equity and liabilities
Total equity and liabilities10/49	€229k	€278k	▲ 21.7%
Equity10/15	€53k	€124k	▲ 132%
Contributions10/11	€20k	€20k	=
Profit (loss) carried forward14	€33k	€104k	▲ 211%
Amounts payable17/49	€175k	€154k	▼ 12.0%
Amounts payable within one year42/48	€175k	€154k	▼ 12.0%
Trade debts44	€138k	€93k	▼ 32.8%
Suppliers440/4	€68k	€93k	▲ 36.6%
Bills of exchange payable441	€70k	-	-
Taxes, remuneration and social security45	€23k	€38k	▲ 66.5%
Taxes450/3	€8k	€18k	▲ 112%
Remuneration and social security454/9	€15k	€20k	▲ 40.4%
Other amounts payable47/48	€14k	€23k	▲ 62.7%

Line	2024	2025	Change
Profit (loss) for the period9904	€33k	€71k	▲ 111%
+ Depreciation and write-downs630	€18k	€26k	▲ 47.1%
Operating cash flow (approximation)	€51k	€96k	▲ 89.3%
Investment in fixed assets (approximation)	-	€-23k	-
Change in cash	-	€31k	-

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

All 3Financial 1Filings 2

2025

15-09

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

28-02

Financial Equity above €100kEq €124k ▲132%

2 profitable years in a row build equity to €124k.

2024

04-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 4 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 act for this company is 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, Nazareth-De Pinte · 1 establishment unit since 2023

seat establishment The establishment unit on the map

Ground area

876 m²

Building footprint

149 m²

Volume, LiDAR

720 m³

Parcel 44048A0359/00K008, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 establishment unit

PAAM CONSTRUCT

Huisepontweg 23, 9810 Nazareth-De PinteGeneral construction of buildings

since 20232.341.682.146

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44048A0359/00K008	Flanders	876 m²	1 · 148 m²	7.1 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.

Similar companies · same sector, comparable size

VDS KLINKERWERKEN

BE 0736.958.488

Kinrooi · Eq €123,869

Dilbeek · Eq €123,683

Wezembeek-Oppem · Eq €123,652

Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,171 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

Founded07-02-2023

Fiscal year end28-02

Activities, NACEBEL 2025

43990Other specialised construction activities

43221Plumbing work

43230Insulation installation

43341Painting of buildings

43422Screed work

81220Other building cleaning and industrial cleaning

Scores and ratios are computed by Checked and are not a credit decision.