PACHO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of PACHO CONSTRUCT is 4.3% (elevated). The 2025 annual accounts show equity of €16,150 and a net result of €7,048. Its solvency ranks better than 45% of 9,316 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €16,150
- Profit
- €7,048
Why 49raises riskFounded in 2024Size: total assets €41,991Sector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 46 days late; 1 of the last 3 lateShow the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro): better than 46% on solvency, 29% on liquidity, 60% on profitability and 85% on growth.
The bankruptcy probability was computed on 26-10-2026 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
This company filed its last 2 accounts on average 10 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: ALVES DE SANTANA Leonardo…
Financials · financial year 2025, micro format
2025 annual accounts filed late (46 days) Filed on 15 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00514699.
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 17% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €687 | €600 | ▼ 12.7% |
| Gross operating margin9900 | €8,500 | €9,739 | ▲ 14.6% |
| Operating profit (loss)9901 | €7,813 | €9,139 | ▲ 17.0% |
| Financial charges65/66B | €110 | €76 | ▼ 30.9% |
| Recurring financial charges65 | €110 | €76 | ▼ 30.9% |
| Profit (loss) for the period before taxes9903 | €7,703 | €9,063 | ▲ 17.7% |
| Income taxes67/77 | €1,601 | €2,015 | ▲ 25.9% |
| Profit (loss) for the period9904 | €6,102 | €7,048 | ▲ 15.5% |
| Profit (loss) for the period to be appropriated9905 | €6,102 | €7,048 | ▲ 15.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €22,913 | €41,991 | ▲ 83.3% |
| Fixed assets21/28 | €99 | €99 | = |
| Financial fixed assets28 | €99 | €99 | = |
| Current assets29/58 | €22,815 | €41,893 | ▲ 83.6% |
| Amounts receivable within one year40/41 | €21,101 | €36,641 | ▲ 73.6% |
| Trade receivables40 | €20,459 | €36,250 | ▲ 77.2% |
| Other amounts receivable41 | €642 | €391 | ▼ 39.1% |
| Cash at bank and in hand54/58 | €1,714 | €5,251 | ▲ 206% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €22,913 | €41,991 | ▲ 83.3% |
| Equity10/15 | €9,102 | €16,150 | ▲ 77.4% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €6,102 | €13,150 | ▲ 116% |
| Amounts payable17/49 | €13,811 | €25,841 | ▲ 87.1% |
| Amounts payable within one year42/48 | €13,811 | €25,841 | ▲ 87.1% |
| Trade debts44 | €1,144 | €1,105 | ▼ 3.4% |
| Suppliers440/4 | €1,144 | €1,105 | ▼ 3.4% |
| Advances received on contracts in progress46 | €5,139 | €15,000 | ▲ 192% |
| Taxes, remuneration and social security45 | €7,528 | €4,149 | ▼ 44.9% |
| Taxes450/3 | €2,135 | €4,149 | ▲ 94.4% |
| Remuneration and social security454/9 | €5,394 | - | - |
| Other amounts payable47/48 | - | €5,586 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €6,102 | €7,048 | ▲ 15.5% |
| Operating cash flow (approximation) | €6,102 | €7,048 | ▲ 15.5% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €3,537 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 15-09-2026 | 2026-00514699 |
| 31-12-2024 | micro format | 26-05-2025 | 2025-00107776 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| ALVES DE SANTANA Leonardo |
|
Owners and capital
Capital and shareholders
- ALVES DE SANTANA Leonardo 300 shares (100%) · €3,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-05-2024 Incorporation · €3,000 · 300 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
PACHO CONSTRUCT was incorporated on 14 May 2024 as a private limited company by one natural person, with a starting capital of €3,000.12 Since 2024, ALVES DE SANTANA Leonardo has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Acts, filings and financial milestones
16-05
Gazette deed
IncorporationAppointment: ALVES DE SANTANA Leonardo (director) · Founder · Founding capital10 facts ▸
- Incorporation, 08-05-2024
- Founder, ALVES DE SANTANA Leonardo (comparant)
- Founding capital, €3,000
- Other provision, “arrêt des statuts de la société” (deed in French)
- Capital
- Registered office clause, “7140 Morlanwelz, rue des nations unies”, 6 (deed in French)
- Board rule, 1
- Director appointment, ALVES DE SANTANA Leonardo (director (not named in the articles))
- Other provision, “absence de faillite et d'interdiction de gérer” (deed in French)
- Other provision, “registre UBO” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1009.358.838
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 56057A0893/00M000 | Wallonia | 252 m² | 1 · 52 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La construction générale; L'activité d'entrepreneur en construction et rénovation,gros-œuvre et mise sous…” (deed in French)
17 activities (deed in French)
- La construction générale
- L'activité d'entrepreneur en construction et rénovation,gros-œuvre et mise sous toit,plafonnage,cimenterie,maçonnerie,coffrage ferraillage,peinture,carrelage,rejointoiement,isolation des murs et des sols et autres activités liées à la construction et à la rénovation des bâtiments,l'installation de sanitaires et de plomberie,installations électriques et de systèmes de sécurité et d'alarme ; le commerce de détail de tous matériels et matériaux se rapportant à ces activités,l'activité d'entreprise de démolition et d'étanchéité des constructions,de terrassement,asphaltage et bitumage,pose de parquets et cloisons ;
- Tous travaux de fouilles et d'aménagements des abords,de pose de toutes canalisations,égouts,chapes et clôtures,y compris les travaux de plantation ;
- La pose de toutes piscines,abris et dispositifs de jardin,aires de jeux et autres ;
- Les travaux hydrauliques et pneumatiques,chaudronnerie,bardages métalliques ;
- Tous travaux d'architecte d'intérieur,décoration,rénovation de meubles,lettrages,enseignes lumineuses ou non,machines-outils ;
- L'aménagement et l'entretien de terrain divers (aménagement et entretien de plaines de jeux et de sport,de parcs et de jardins,y compris les travaux de plantation,de placement de clôtures et palissades) ;
- La construction de cheminée et de fours (construction de cheminée,de fours industriels et autres ouvrages analogues,maçonnerie de chaudières et placement de tous produits réfractaires) ;
- La couverture de constructions et travaux hydrofuges (couvertures en tuiles,en chaume,en ardoises naturelles ou artificielles,en tôles d'acier et en asbeste ciment,les métaux non ferreux exceptés,travaux d'étanchéité et de revêtement de constructions par asphaltage et bitumage,entre autre les couvertures de toiture à base d'asphaltes ou à base de produits hydrocarbonés éventuellement en combinaison avec des métaux,travaux d'assèchement de constructions autres que par le bitume et l'asphalte) ;
- L'isolation thermique et acoustique ;
- La charpenterie,la menuiserie métallique (charpenterie et menuiserie du bâtiment,placement de serrure et de quincaillerie du bâtiment,placement de porte et de plinthes en matière plastique,placement de volets en bois et matière plastique,pose de parquets et de tous revêtements en bois,des murs et du sol,pose de cloisons et de faux plafonds en bois,placement de ferronnerie,de volets et de menuiserie métallique,ainsi que placement de grilles,de portes rétractiles et roulantes et de stores extérieurs,recouvrement de murs et de plafonds par application d'éléments métalliques ;
- Les travaux de vitrerie (pose de vitres,glaces,miroiterie,vitraux et toutes autre matières translucides ou transparentes,construction de parois et couvertures en béton translucide) ;
- Les constructions métalliques et les ouvrages d'art métallique (travaux de montage et de démontage,constructions tubulaires ou autres similaires) ; les tuyauteries industrielles et canalisations (installation de ventilation et d'aération de chauffage à air chaud de conditionnement d'air et de calorifugeage des tuyauteries et canalisations) ;
- Travaux d'entreprise de tapisserie,de pose de revêtements des murs et sols ;
- Tous travaux de plomberie et chauffage central,
- L'achat et la vente de tous matériaux généralement quelconques.
- L’achat,vente,location et mise en valeur de tous terrains non bâtis,immeubles bâtis et tout matériel en Belgique et à l’étranger,ainsi que la construction,la réparation et l’entretien pour son compte,pour compte de tiers ou en participation,de tous immeubles à usage privé,commercial ou industriel,en Belgique ou à l’étranger.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PACHO CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, région de langue française” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation statutaire possible, assemblée_nombre_durée_pouvoirs_pluralité” (deed in French)“Assemblée_générale_décide, assemblée_majorité_absolue_ou_associé_unique_montant_fixe_proportionnelle_frais_généraux_plus_représentation_voya…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prix_notifié_ou_expert_commun_accord_défaut_président_tribunal_entreprise_référé_requête_diligente_frais_moitié_cédant_moitié_acquéreurs_pro…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Organe qui procède à l’émission, courrier électronique,ou courrier ordinaire même jour si pas d’adresse électronique” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed