PDP Construct
ActiveSummary
PDP Construct has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €128k and a net result of €7k. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 86% of 2437 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74▲+1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 5.51 against 10.53 in 2023; short-term debt: 17.5% and cash: 80.6% of total assets), and 17.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
41 d early
2022
47 d early
2021
45 d early
2020
39 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€128k▼ 16.8%
2023 · €153k
2018: €187khighest in 7 years
2019: €184k▼ -1.8% vs 2018
2020: €157k▼ -14.9% vs 2019
2021: €166k▲ +6.1% vs 2020
2022: €172k▲ +3.6% vs 2021
2023: €153k▼ -10.8% vs 2022
2024: €128k▼ -16.8% vs 2023lowest in 7 years
2018 → 2024
Total assets
€155k▼ 8.2%
2023 · €168k
2018: €197khighest in 7 years
2019: €186k▼ -5.4% vs 2018
2020: €160k▼ -14.3% vs 2019
2021: €170k▲ +6.5% vs 2020
2022: €189k▲ +11.2% vs 2021
2023: €168k▼ -10.9% vs 2022
2024: €155k▼ -8.2% vs 2023lowest in 7 years
2018 → 2024
Net result
€7k▲ 4.7%
2023 · €6k
2018: €-1k
2019: €-3k▼ -179% vs 2018lowest in 7 years
2020: €1k▲ +134% vs 2019
2021: €10k▲ +718% vs 2020
2022: €34k▲ +262% vs 2021highest in 7 years
2023: €6k▼ -81.5% vs 2022
2024: €7k▲ +4.7% vs 2023
2018 → 2024
Working capital
€122k▼ 15.2%
2023 · €144k
2018: €130k
2019: €132k▲ +1.5% vs 2018
2020: €125k▼ -5.3% vs 2019
2021: €146k▲ +16.6% vs 2020
2022: €158k▲ +8.2% vs 2021highest in 7 years
2023: €144k▼ -9.0% vs 2022
2024: €122k▼ -15.2% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€157k-€166k▲ 6.1%€172k▲ 3.6%€153k▼ 10.8%€128k▼ 16.8%
2020: €157k
2021: €166k▲ +6.1% vs 2020
2022: €172k▲ +3.6% vs 2021highest in 5 years
2023: €153k▼ -10.8% vs 2022
2024: €128k▼ -16.8% vs 2023lowest in 5 years
Operating result€1k-€12k▲ 1,001%€48k▲ 284%€9k▼ 80.5%€9k▲ 0.9%
2020: €1klowest in 5 years
2021: €12k▲ +1001% vs 2020
2022: €48k▲ +284% vs 2021highest in 5 years
2023: €9k▼ -80.5% vs 2022
2024: €9k▲ +0.9% vs 2023
Net result€1k-€10k▲ 718%€34k▲ 262%€6k▼ 81.5%€7k▲ 4.7%
2020: €1klowest in 5 years
2021: €10k▲ +718% vs 2020
2022: €34k▲ +262% vs 2021highest in 5 years
2023: €6k▼ -81.5% vs 2022
2024: €7k▲ +4.7% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €155k
Fixed assets
€5k ▼ 41.5%
Current assets
€149k ▼ 6.2%
Equity and liabilities €155k
Equity
€128k ▼ 16.8%
Debt
€27k ▲ 79.4%
Debt's share of the balance-sheet total rises from 9.0% to 17.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16k▲
2023 · €15k
Cash flow
€13k▲
2023 · €12k
Current ratio
5.51▼
2023 · 10.53
Debt to equity
0.21▲
2023 · 0.10
ROE
5.2%▲
2023 · 4.2%
ROA
4.3%▲
2023 · 3.8%
Interest coverage
209.61▲
2023 · 183.27
Debt ≤ 1 year
€27k▲
2023 · €15k
Income taxes
€3k▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€168k€155k▼
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€9k€5k▼
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€8k€3k▼
Current assets29/58€159k€149k▼
Stocks and contracts in progress3€4k€0▼
Stocks30/36€4k€0▼
Amounts receivable within one year40/41€24k€23k▼
Trade receivables40€20k€19k▼
Other amounts receivable41€4k€4k▼
Cash at bank and in hand54/58€130k€125k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€168k€155k▼
Equity10/15€153k€128k▼
Contributions10/11€20k€20k=
Reserves13€133k€108k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€133k€108k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€15k€27k▲
Amounts payable within one year42/48€15k€27k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€0€73▲
Taxes450/3€0€73▲
Remuneration and social security454/9€0-
Other amounts payable47/48€12k€24k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€1k€921▼
Gross operating margin9900€16k€17k▲
Operating profit (loss)9901€9k€9k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€84€77▼
Recurring financial charges65€84€77▼
Profit (loss) for the period before taxes9903€9k€9k▲
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€6k€7k▲
Profit (loss) for the period to be appropriated9905€6k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€7k▲
Transfer from equity791/2€25k€32k▲
Transfer to equity691/2€6k€7k▲
To other reserves6921€6k€7k▲
Profit to be distributed694/7€25k€32k▲
Return on contributions (dividend)694€25k€32k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €12k | €7k | €6k | €7k | ▲ 9.1% |
| Other operating charges640/8 | - | €900 | €984 | €1k | €921 | ▼ 13.3% |
| Non-recurring operating charges66A | - | €278 | - | - | - | - |
| Gross operating margin9900 | €25k | €26k | €56k | €16k | €17k | ▲ 3.0% |
| Operating profit (loss)9901 | €1k | €12k | €48k | €9k | €9k | ▲ 0.9% |
| Financial income75/76B | - | - | - | €0 | €0 | ▲ 1,350% |
| Recurring financial income75 | €194 | - | - | €0 | €0 | ▲ 1,350% |
| Financial charges65/66B | - | €799 | €74 | €84 | €77 | ▼ 8.9% |
| Recurring financial charges65 | €46 | €799 | €74 | €84 | €77 | ▼ 8.9% |
| Profit (loss) for the period before taxes9903 | €1k | €12k | €48k | €9k | €9k | ▲ 1.0% |
| Income taxes67/77 | €116 | €2k | €13k | €3k | €3k | ▼ 7.2% |
| Profit (loss) for the period9904 | €1k | €10k | €34k | €6k | €7k | ▲ 4.7% |
| Profit (loss) for the period to be appropriated9905 | €1k | €10k | €34k | €6k | €7k | ▲ 4.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160k | €170k | €189k | €168k | €155k | ▼ 8.2% |
| Fixed assets21/28 | €31k | €20k | €14k | €9k | €5k | ▼ 41.5% |
| Tangible fixed assets22/27 | €31k | €20k | €14k | €9k | €5k | ▼ 41.5% |
| Plant, machinery and equipment23 | - | €2k | €1k | €1k | €3k | ▲ 88.7% |
| Furniture and vehicles24 | - | €18k | €13k | €8k | €3k | ▼ 66.3% |
| Current assets29/58 | €128k | €150k | €175k | €159k | €149k | ▼ 6.2% |
| Stocks and contracts in progress3 | €4k | €4k | €4k | €4k | €0 | ▼ 100% |
| Stocks30/36 | - | €4k | €4k | €4k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €16k | €19k | €19k | €24k | €23k | ▼ 4.9% |
| Trade receivables40 | - | €19k | €19k | €20k | €19k | ▼ 3.4% |
| Other amounts receivable41 | - | €180 | €387 | €4k | €4k | ▼ 11.9% |
| Cash at bank and in hand54/58 | €107k | €127k | €152k | €130k | €125k | ▼ 3.9% |
| Deferred charges and accrued income490/1 | - | €59 | €20 | €2k | €2k | ▲ 4.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160k | €170k | €189k | €168k | €155k | ▼ 8.2% |
| Equity10/15 | €157k | €166k | €172k | €153k | €128k | ▼ 16.8% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €137k | €146k | €152k | €133k | €108k | ▼ 19.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €144k | €150k | €133k | €108k | ▼ 19.3% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €3k | €4k | €17k | €15k | €27k | ▲ 79.4% |
| Amounts payable within one year42/48 | €3k | €4k | €17k | €15k | €27k | ▲ 79.4% |
| Trade debts44 | €1k | €889 | €1k | €3k | €3k | ▼ 12.5% |
| Suppliers440/4 | - | €889 | €1k | €3k | €3k | ▼ 12.5% |
| Taxes, remuneration and social security45 | - | €3k | €9k | €0 | €73 | - |
| Taxes450/3 | - | €3k | €6k | €0 | €73 | - |
| Remuneration and social security454/9 | - | - | €3k | €0 | - | - |
| Other amounts payable47/48 | - | - | €6k | €12k | €24k | ▲ 106% |
| Accrued charges and deferred income492/3 | - | - | €425 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €10k | €34k | €6k | €7k | ▲ 4.7% |
| + Depreciation and write-downs630 | €23k | €12k | €7k | €6k | €7k | ▲ 9.1% |
| Operating cash flow (approximation) | €25k | €21k | €42k | €12k | €13k | ▲ 6.8% |
| Investment in fixed assets (approximation) | - | €-636 | €-2k | €-1k | €-3k | ▼ 130% |
| Change in cash | - | €20k | €24k | €-22k | €-5k | ▲ 76.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €34k ▲262%
Operating result €48k, net result €34k, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 61.96
Current ratio from 14.86 to 61.96; short-term debt falls from €9k to €2k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Wetteren · 1 establishment unit since 2009
Ground area
1,741 m²
Building footprint
80 m²
Volume, LiDAR
446 m³
Parcel 42302D0623/00P000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PDP Construct
since 20092.175.350.407
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302D0623/00P000 | Flanders | 1,741 m² | 1 · 80 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JET-ZONE
BE 0847.592.136
Kortrijk · Eq €127,196
COMANEL
BE 0842.825.179
Roeselare · Eq €128,117
STEELBUILD
BE 0659.719.170
Willebroek · Eq €128,429
RDP
BE 0713.537.938
Kinrooi · Eq €126,345
TIBATO
BE 0447.543.647
Westerlo · Eq €129,359
Of 3,984 companies in sector 25110 we hold annual accounts for 2,145. 1,647 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-12-2008
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
25210Manufacture of fabricated metal products, except machinery and equipment
25220Manufacture of fabricated metal products, except machinery and equipment
25510Coating of metals
25999Manufacture of fabricated metal products, except machinery and equipment
Scores and ratios are computed by Checked and are not a credit decision.