Equity
-€30,883
Debts exceed assets in financial year 2025.
PDH Construct
Overview
Lifetime
7 annual accounts with figures on one time axis, 10 filings since 2016peak €38,236 (2024)
-€38,683▼ €76,919
lowest -€39,360 (2025)
-€39,360▼ €72,117
peak €14,472 (2024)
-€30,883▼ €45,355
€39,054▲ 12.1%
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Turnover from €50,000 to €15,668Gross margin from €38,236 to -€38,683Loss of €39,360Equity from €14,472 to -€30,883Cash from €2,733 to €8,171
Key points
from the 2025 annual accountsResult
-€39,360 -€39,360
From profit to loss in 2025, after a profit of €32,757 in 2024.
Debts
€39,054 478% of the balance sheet
Suppliers 53%Taxes and wages 25%Other 22%
Payment terms
140 days to suppliers
PDH Construct pays its suppliers 637 days earlier than in 2024.
Liquidity
0.21 was 1.65 in 2024
Short-term debts rose from €29,867 to €39,054.
Filings
10 annual accounts 76 days
Latest accounts filed late: after the legal deadline.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as PDH Construct has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 6,908 companies, not a prediction for PDH Construct. 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 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
Recent changes
First establishment
Zandkapelweg 80, Herentals
Incorporation
published on 05-06-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PDH Construct Herentals | €8,171 | -€38,683 | -377.9% | - |
| SCHRIJNWERKEN STEVE Langemark-Poelkapelle | €9,063 | €587 | -1.0% | - |
| BELIO ENERGIE Nivelles | €8,298 | -€2,140 | 69.5% | - |
| VESTER BOUW Antwerp | €9,989 | -€5,595 | 20.2% | - |
| SUPER WOON VERANDA Lint | €5,329 | -€2,146 | 92.9% | - |
| MSL POSE Walcourt | €6,545 | -€14,697 | -180.1% | - |
| BREEMANS IVAN SCHRIJNWERKERIJ Hamont-Achel | €6,544 | -€1,362 | -2694.9% | - |
These companies have the same main activity as PDH Construct: joinery installation (NACE 43320). They are comparable in size and age: total assets between €5,330 and €9,990, founded between 2013 and 2014.
Official details
Source: KBO- Status
- Active since 20-05-2015Normal situation
- Activity
- Joinery installationNACE 43320and 3 others
- Establishment unit
- 2.243.547.0482200 Herentals, since 01-08-2015
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €15,668▼ 68.7%
- €39,360
- -€30,883
- €8,171▼ 83.4%
- ≈ 0 FTEestimated
- Filing
- Filed on 15-10-2026
Insights on PDH Construct
PDH Construct files the micro format. That format states no turnover. The gross margin fell from €7,847 in 2019 to -€38,683 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 15-10-2026, 76 days late€15,668
▼ 68.7%
-€39,294
▼ €76,933
-
-
-377.9%
▼ 407.3 percentage points
0.21
▼ 1.44
Money flows
turnover is 28.5% of income in 2025Balance sheet
balance sheet total €8,171 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-377.9%
Lower than 95% of 35,156 companies in 2025.
0.21
Lower than 95% of 34,529 companies in 2025.
-481.7%
Lower than 95% of 34,730 companies in 2025.
PDH Construct
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
8,171 | 49,321 | 9,073 | 1 | 3,046 | 9,586 | 8,692 | |
21/28 |
- | - | - | - | - | 128 | 641 | |
22/27 |
- | - | - | - | 0 | 128 | 641 | |
24 |
- | - | - | - | - | 128 | 641 | |
29/58 |
8,171 | 49,321 | 9,073 | 1 | 3,046 | 9,458 | 8,051 | |
40/41 |
- | 46,588 | 3,159 | - | - | - | 2,453 | |
40 |
- | 46,588 | - | - | - | - | 2,453 | |
41 |
- | - | 3,159 | - | - | - | - | |
54/58 |
8,171 | 2,733 | 5,914 | 1 | 3,046 | 9,458 | 5,599 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
8,171 | 49,321 | 9,073 | 1 | 3,046 | 9,586 | 8,692 | |
10/15 |
-30,883 | 14,472 | -16,806 | -7,673 | -1,748 | 6,275 | 4,449 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,550 | |
101 |
- | - | - | - | - | - | 12,350 | |
13 |
2,277 | 2,277 | 798 | 798 | 798 | 798 | 306 | |
130/1 |
2,277 | 2,277 | 798 | 798 | 798 | 798 | - | |
130 |
- | - | - | - | - | - | 306 | |
1319 |
2,277 | 2,277 | 798 | 798 | 798 | 798 | - | |
14 |
-39,360 | 5,995 | -23,804 | -14,671 | -8,746 | -723 | -2,057 | |
17/49 |
39,054 | 34,849 | 25,879 | 7,674 | 4,794 | 3,311 | 4,243 | |
17 |
- | 4,982 | 25,879 | - | - | - | - | |
175 |
- | - | 14,741 | - | - | - | - | |
176 |
- | - | 11,138 | - | - | - | - | |
178/9 |
- | 4,982 | - | - | - | - | - | |
42/48 |
39,054 | 29,867 | - | 7,674 | 4,794 | 3,311 | 4,243 | |
44 |
20,839 | 25,051 | - | 7,674 | 4,794 | 3,311 | 991 | |
440/4 |
20,839 | 25,051 | - | 7,674 | 4,794 | 3,311 | 991 | |
45 |
9,816 | 4,816 | - | - | - | - | 3,252 | |
450/3 |
9,816 | 4,816 | - | - | - | - | 3,252 | |
47/48 |
8,399 | - | - | - | - | - | - | |
| Income statement | ||||||||
70 |
15,668 | 50,000 | 21,947 | 868 | 14,131 | 19,435 | 15,000 | |
9900 |
-38,683 | 38,236 | -3,857 | - | -8,554 | 2,959 | 7,847 | |
60/61 |
54,352 | 11,764 | 25,804 | 2,580 | 22,686 | 16,476 | 7,153 | |
62 |
491 | 479 | - | - | 418 | 347 | 450 | |
630 |
- | - | - | - | 129 | 513 | 513 | |
640/8 |
120 | 118 | 109 | - | 338 | 181 | 465 | |
66A |
- | - | - | 14,671 | - | - | - | |
9901 |
-39,294 | 37,639 | -3,966 | -14,671 | -9,439 | 1,918 | 6,419 | |
75/76B |
- | - | - | - | 38 | - | - | |
76B |
- | - | - | - | 38 | - | - | |
65/66B |
65 | 66 | - | - | 68 | 59 | 298 | |
65 |
65 | 66 | - | - | 64 | 59 | 133 | |
66B |
- | - | - | - | 4 | - | 165 | |
9903 |
-39,360 | 37,573 | -3,966 | -14,671 | -9,469 | 1,859 | 6,121 | |
67/77 |
- | 4,816 | - | - | - | 525 | 943 | |
9904 |
-39,360 | 32,757 | -3,966 | -14,671 | -9,469 | 1,334 | 5,178 | |
9905 |
-39,360 | 32,757 | -3,966 | -14,671 | -9,469 | 1,334 | 5,178 | |
| Appropriation of the result | ||||||||
9906 |
-39,360 | 7,474 | -23,804 | -14,671 | -8,746 | -723 | -2,057 | |
14P |
- | -25,283 | -19,838 | - | 723 | -2,057 | - | |
691/2 |
- | 1,479 | - | - | - | - | - | |
6920 |
- | 1,479 | - | - | - | - | - | |
| Document | ||||||||
The accounts for 3 older financial years (2016-2018) were filed as documents without figures as data, scans for example.
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 76 days after the deadline. Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00559107.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-10-2026 | 2026-00559107 | |
| 31-12-2024 | micro format | 07-10-2025 | 2025-00533597 | |
| 31-12-2023 | micro format | 16-10-2024 | 2024-00508325 | |
| 31-12-2022 | micro format | 14-11-2023 | 2023-00510975 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20415754 | |
| 31-12-2020 | micro format | 25-04-2022 | 2022-20017350 | |
| 31-12-2019 | micro format | 26-01-2021 | 2021-03700076 | |
| 31-12-2018 | micro format | 23-09-2019 | 2019-65600004 | |
| 31-12-2017 | micro format | 06-11-2018 | 2018-69900005 | |
| 31-12-2016 | abbreviated format | 26-07-2017 | 2017-33200023 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | -9,310 | 2,431 | 6,932 | ||
| - | - | - | - | -9,340 | 1,847 | 5,691 | ||
| - | - | - | - | 1 | -0 | - | ||
| 5,438 | -3,181 | 5,913 | -3,045 | -6,412 | 3,859 | - | ||
| -30,883 | 19,454 | - | -7,673 | -1,748 | 6,147 | 3,808 | ||
| - | 75.3% | -18.1% | - | -66.8% | 9.9% | 42.8% | ||
| -377.9% | 29.3% | -185.2% | - | - | 65.5% | 51.2% | ||
| 0.21 | 1.65 | - | - | - | 2.86 | 1.90 | ||
| - | 2.41 | - | - | - | 0.53 | 0.95 | ||
| - | 226.3% | - | - | - | 21.3% | 116.4% | ||
| -481.7% | 66.4% | -43.7% | - | - | 13.9% | 59.6% | ||
| - | - | - | - | -145.47 | 41.20 | - | ||
| - | 340 days | 53 days | - | - | - | 60 days | ||
| 140 days | 777 days | - | 1086 days | 77 days | 73 days | 51 days |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on PDH Construct
The operating result for 2025 is a loss of €39,294, after a profit of €37,639 in 2024. It is the lowest result since 2019.
Equity is negative. Debt (€39,054) exceeds the balance-sheet total (€8,171).
Timeline
Timeline
14 events since 2015Filings
Financial
Establishments
201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 76 days late
2025
Weakest financial year net -€39,360 The net result drops to -€39,360, the lowest from 2019 to 2025.
Annual accounts 2024 filed PDFmicro format · 68 days late
2024
Back to profit net €32,757 The net result is €32,757, after 3 loss-making years.
Annual accounts 2023 filed PDFmicro format · 77 days late
2023
Annual accounts 2022 filed PDFmicro format · 106 days late
2022
Annual accounts 2021 filed PDFmicro format · 30 days late
Annual accounts 2020 filed PDFmicro format · 268 days late
2021
Annual accounts 2019 filed PDFmicro format · 179 days late
2019
Annual accounts 2018 filed PDFmicro format · 54 days late
2018
Annual accounts 2017 filed PDFmicro format · 98 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 5 days before the deadline
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0630.871.964
- VAT number
- BE 0630.871.964
- Legal form
- Private limited company (pre-2019)
- Status
- Active, normal situation
- Founded
- 20-05-2015
- Financial year
- ends on 31 December
- Peppol
- Not found in the Peppol Directory
- Name
- PDH Construct in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 202543320
Joinery installation main activity
25530
Machining of metals
43410
Roofing work
Codes under NACEBEL 2008
43320
Joinery installation main activity
25620
Manufacture of fabricated metal products, except machinery and equipment
43910
Specialised construction activities
81300
Landscape service activities
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Zandkapelweg 80 registered office 2200 Herentals | 01-08-2015 | 2.243.547.048 |
Buildings and parcels at the address
- Ground area
- 1,267 m²
- Buildings
- 220 m²
- Volume, LiDAR
- 1,183 m³
- Tallest building
- 8.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13027C0243/00A000 | 1,266 m² | 1 · 220 m² | 8.1 m · 2 |
Invoicing and payment
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. Use the enterprise number 0630.871.964