Equity
€447,727 ▲ 3.8%
Party Constructions has made a profit without a break since 2017.
Party Constructions
Lifetime
13 annual accounts with figures on one time axispeak €717,033 (2023)
€568,442▼ 3.4%
lowest -€4,502 (2016)
€16,526▼ 72.7%
peak €447,727 (2025)
€447,727▲ 3.8%
€1.3m▼ 11.2%
peak 5.2 FTE (2025)
5.2 FTE▲ 8.3%
Board2 names since 2012
2 directorsVan De Winckel Andy and 1 other
Documentsfilings and deeds
29-07-20262 days before the deadline
2025abbreviated format
Result from €60,455 to €16,526Staff from 4.8 FTE to 5.2 FTECash from €62,578 to €17,326
Key points
from the 2025 annual accountsTurnover
≈ €1.3m estimated
The accounts state no turnover.
Debts
€1.3m 74% of the balance sheet
Financial debts 75%Suppliers 6%Taxes and wages 4%Other 15%
Of this, €326,822 falls due within a year.
Investments
€23,546 0.1 × depreciation
Green is investment, beige is depreciation.
Staff
3 employees on 31-12-2025
In 2025, 23 people joined and 24 left.
Filings
13 annual accounts since 2013
Two of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.
Checked score
70
Healthy
Financially stronger than 46% of micro companies in rental and leasing (NACE 77)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.3%▲ +0.1 percentage points vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.4%▲ +0.1 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.8%● unchanged vs 08-2025highest value
10-2025: 0.8%● unchanged vs 09-2025highest value
11-2025: 0.8%● unchanged vs 10-2025highest value
12-2025: 0.8%● unchanged vs 11-2025highest value
01-2026: 0.8%● unchanged vs 12-2025highest value
02-2026: 0.8%● unchanged vs 01-2026highest value
03-2026: 0.4%▼ -0.4 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.91, cash €17,326, halved
Size: 5.2 FTE, total assets €1.8m
lowers risk
Founded in 2012
Figures for financial year 2025 (filed on 29-07-2026)
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 77, micro). It does better than 42% of them on solvency, 49% on liquidity, 40% on profitability and 52% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as Party Constructions has now. Each dot stands for 12 companies, two years later.
96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Party Constructions itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,508 companies, not a prediction for Party Constructions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.91 (0.59 in 2024), below 1. Short-term debt is 18.5% and cash 1% of total assets. 74.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
27 days early
2023
on the day
2022
3 days early
2021
31 days late
2020
1 day early
2019
31 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 5 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% 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 29 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
VD
Van De Winckel Andy
Director, since 26-03-2012
VK
Vancluysen Katrien
Director, since 26-03-2012
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0844792004
Registered office moved within Hasselt
New registered office: Walenstraat 94, 3500 Hasselt · Previous registered office: Zonhovenstraat 83, 3500 Hasselt · General meeting of 21-11-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning), Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden and 1 more · Hasselt
Purpose change · Amendment of the articles · Legal-form change
“De uitbating van een broodjesbar,verbruikssalon,restaurant,drankgelegenheid,taverne,feestzaal en…” (deed in Dutch) · General meeting of 02-03-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Party Constructions Hasselt | €1.8m | €0.6m | 25.3% | 5.2 |
| Top Tents Lommel | €1.1m | €0.6m | 57.5% | 5.8 |
| TECTRONIC Lichtervelde | €2.3m | €0.6m | 43.2% | 3.2 |
| TENTEN VANNIEUWENHUYZE Ingelmunster | €3.4m | €0.9m | 19.7% | 6.8 |
| THE TENT SHOP Heist-op-den-Berg | €0.9m | €0.5m | 40.6% | 4.4 |
| TIENDA EVENTS Kontich | €2.7m | €0.4m | 11.5% | 3.4 |
| TRENT Zulte | €2.2m | €1.3m | 31.1% | 11.6 |
These companies have the same main activity as Party Constructions: rental and leasing activities (NACE 77392). They are comparable in size and age: total assets between €944,000 and €3.4m, founded between 2002 and 2018.
Official details
Source: KBO- Status
- Active since 26-03-2012Normal situation
- Activity
- Rental and leasing activitiesNACE 77392and 2 others
- Establishment unit
- 2.295.202.0233500 Hasselt, since 01-04-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Annual accounts 2025
- €1.8m▼ 7.8%
- Employeeson 31-12-2025
- 3▼ 25.0%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on Party Constructions
Party Constructions files the abbreviated format. That format states no turnover. The gross margin rose from €39,771 in 2013 to €568,442 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Party Constructions
- What is the company number of Party Constructions?
- The company number of Party Constructions is 0844.792.004. The VAT number is the same number with BE in front: BE 0844.792.004.
- Where is Party Constructions based?
- The registered office is at Walenstraat 94, 3500 Hasselt.Company details
- What does Party Constructions do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77392).
- What is the legal form of Party Constructions?
- Party Constructions is a private limited company (BV).
- When was Party Constructions founded?
- Party Constructions was founded on 26-03-2012.
- Is Party Constructions still active?
- Yes, Party Constructions is an active enterprise in the KBO register.
- How many employees does Party Constructions have?
- Party Constructions had an average of 5.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Party Constructions?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €568,442 and 2,275 comparable companies of the same size. It probably lies between €810,000 and €2.3m. It is a rough estimate.
- Is Party Constructions profitable?
- In financial year 2025, Party Constructions made a profit of €16,526.
- Where can I find the annual accounts of Party Constructions?
- Party Constructions filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Party Constructions due?
- Party Constructions must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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