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PABLO CONSTRUCT

Active
Private limited companyfounded 2011active for 15 yearsDrieselstraat 22, 9041 Gent, BelgiumKBO/BCE: BE 0837.761.284
Summary

PABLO CONSTRUCT has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €725,776 and a net result of €70,973. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 47% of 9,590 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€1.7mtotal assets 2025
Equity
€725,776
Profit
€70,973
Turnover not published (abbreviated format)
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Parent
Mking Group · 100%
Accounts filed 61 days late0 of 7 deeds read
Why 66raises riskLatest accounts 61 days late; 3 of the last 3 late1 change of registered office in 24 monthslowers riskSize: total assets €1.7mFigures for financial year 2025 (filed 30-09-2026)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 41% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 67-2
equity 42.0% of total assets
Liquidity 46-9
short-term debt 31.1% · cash 7.0%
Profitability 60+1
return on assets 4.1%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025lowest value 06-2025: 1.5%▲ +0.9 percentage points vs 05-2025 07-2025: 1.7%▲ +0.2 percentage points vs 06-2025 08-2025: 2.2%▲ +0.5 percentage points vs 07-2025 09-2025: 2.7%▲ +0.5 percentage points vs 08-2025 10-2025: 4.3%▲ +1.6 percentage points vs 09-2025highest value 11-2025: 0.9%▼ -3.4 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.2 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.3%▲ +0.2 percentage points vs 06-2026 08-2026: 1.9%▲ +0.6 percentage points vs 07-2026 09-2026: 2.4%▲ +0.5 percentage points vs 08-2026 10-2026: 0.9%▼ -1.5 percentage points vs 09-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.34, compared with 1.41 in 2024; short-term debt: 31.1% and cash: 7% of total assets), and 58% 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 45% on solvency, 36% on liquidity, 29% on profitability and 56% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Latest accounts 61 days late; 3 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €1.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 30-09-2026)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
71 days late
2023
68 days late
2022
70 days late
2021
82 days late
2020
31 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 68 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 (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 9 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Weakest financial yearnet €16,708 ▼40%

Key points

  • Positive: Result rose in 2025from €16,708 to €70,973 ▲ 325% View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Positive: 8 profitable years in a rowprofit 2025: €70,973 8 years View
  • Controlled by Mking Group 100% View

By topic

Financials

Financial year
2025
Total assets
€1.7m
Profit
€70,973
Solvency
42.0%
Total assets▲ 17.2%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2013
Next accounts
by 31-07-2027
  1. 07-10-2024Annual accounts filed
  2. 09-10-2023Annual accounts filed
  3. 21-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
08-07-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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