PCM CONSTRUCTS
Open bankruptcyA bankruptcy procedure is open for PCM CONSTRUCTS according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-50k) and a net result of €-79k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2022
31 d late
2021
30 d late
2020
187 d late
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€300k▼ 45.8%
2022 · €553k
2018: €470k
2019: €550k
2020: €607k
2021: €640k
2022: €553k
2018 → 2023
EBIT margin
-25.7%▼ 24.7pp
2022 · -1.0%
2018: 1.2%
2019: 1.0%
2020: 5.1%
2021: 1.9%
2022: -1.0%
2018 → 2023
Net result
€-79k▼ 1,020%
2022 · €-7k
2018: €2k
2019: €574
2020: €25k
2021: €6k
2022: €-7k
2018 → 2023
Working capital
€-63k
2022 · €11k
2018: €-5k
2019: €-2k
2020: €15k
2021: €28k
2022: €11k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€550k-€607k▲ 10.4%€640k▲ 5.5%€553k▼ 13.6%€300k▼ 45.8%
Equity€20k-€31k▲ 56.1%€36k▲ 19.2%€29k▼ 19.4%€-50k
Operating result€5k-€31k▲ 481%€12k▼ 60.0%€-6k€-77k▼ 1,286%
Net result€574-€25k▲ 4,316%€6k▼ 76.8%€-7k€-79k▼ 1,020%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €77k in 2023 against €6k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €116k
Fixed assets
€26k▼ 30.7%
Current assets
€90k▼ 53.6%
Key figures and ratios
EBITDA
€-62k▼
2022 · €2k
Cash flow
€-64k▼
2022 · €888
Solvency
-43.1%▼
2022 · 12.7%
Current ratio
0.59▼
2022 · 1.06
Quick ratio
0.11▼
2022 · 0.36
Debt / equity
-3.32▼
2022 · 6.86
ROA
-68.5%▼
2022 · -3.1%
Interest coverage
-32.61▼
2022 · 1.89
Debt
€165k▼
2022 · €201k
Debt ≤ 1 year
€152k▼
2022 · €182k
Debt > 1 year
€13k▼
2022 · €19k
Income taxes
€284▲
2022 · €253
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€231k€116k▼
Fixed assets21/28€37k€26k▼
Intangible fixed assets21€1k€396▼
Tangible fixed assets22/27€36k€25k▼
Furniture and vehicles24€36k€25k▼
Financial fixed assets28€409€409=
Current assets29/58€193k€90k▼
Stocks and contracts in progress3€127k€72k▼
Stocks30/36€127k€72k▼
Amounts receivable within one year40/41€46k€7k▼
Trade receivables40€45k€238▼
Other amounts receivable41€1k€7k▲
Cash at bank and in hand54/58€20k€10k▼
Equity and liabilities
Total equity and liabilities10/49€231k€116k▼
Equity10/15€29k€-50k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€21k€-58k▼
Amounts payable17/49€201k€165k▼
Amounts payable after more than one year17€19k€13k▼
Financial debts170/4€19k€13k▼
Amounts payable within one year42/48€182k€152k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€109k€35k▼
Suppliers440/4€109k€35k▼
Taxes, remuneration and social security45€3k€537▼
Taxes450/3€3k€537▼
Other amounts payable47/48€64k€111k▲
Accrued charges and deferred income492/3-€15
Income statement
Code20222023
Turnover70€553k€300k▼
Goods, raw materials, services and sundry goods60/61€544k€363k▼
Remuneration, social security and pensions62€735-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€15k▲
Other operating charges640/8€10k€3k▼
Gross operating margin9900€13k€-59k▼
Operating profit (loss)9901€-6k€-77k▼
Financial income75/76B€13€115▲
Recurring financial income75€13€115▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-7k€-79k▼
Income taxes67/77€253€284▲
Profit (loss) for the period9904€-7k€-79k▼
Profit (loss) for the period to be appropriated9905€-7k€-79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-58k▼
Profit (loss) brought forward from the previous period14P€28k€21k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · PCM CONSTRUCTS SPRL RUE TRAPPE 2, 4000 LIEGE 1 · event 22-09-2025
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-79k
Net result drops to €-79k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 187 days late
2020
31-12
Financial
Highest result since 2018net €25k ▲4316%
Operating result €31k, net result €25k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
23-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Liège · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Trappé 24000 LiègeGround area
7,321 m²
Building footprint
2,422 m²
Volume, LiDAR
13,267 m³
2 parcels, Wallonia · tallest building 19.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
PCM CONSTRUCTS
since 20132.219.553.208
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62353D0892/00K002 | Wallonia | 7,135 m² | 1 · 2,274 m² | 7.4 m · 2 fl. |
| 62813E0381/00H002 | Wallonia | 186 m² | 1 · 148 m² | 19.3 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN BODEUS QUAI DE ROME 19/8, 4000 LIEGE 1- |
22-09-2025 → present |
| Curator | JEAN-PHILIPPE RENAUD QUAI DES
ARDENNES 65, 4020 LIEGE 2 |
22-09-2025 → present |
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,410 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-06-2013
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
42110Construction of roads and motorways
42211Civil engineering
43110Demolition
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.