Equity
PDP Construct has made a profit without a break since 2020.
PDP Construct has made a profit without a break since 2020.
The accounts state no turnover.
Green is investment, beige is depreciation. Machinery stands 26.8% higher than in 2024.
Short-term debts fell from €27,093 to €5,888.
The last five annual accounts were filed 9 to 47 days before the end of the period.
Higher solvency than 95% of companies in fabricated metal products. Sector median 44.2% · 2,343 companies.
In July 2024, 34,693 companies had the same profile as PDP Construct has now. Each dot stands for 87 companies, two years later.
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 34,693 companies, not a prediction for PDP 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.
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.
| Company | ||||
|---|---|---|---|---|
| PDP Construct Wetteren | €143,034 | €21,385 | 95.9% | - |
| GEYS METAAL- EN SMEEDWERKEN Lommel | €121,444 | €20,335 | 90.0% | - |
| NASCO Kortrijk | €132,478 | €28,636 | 78.0% | - |
| Hout Van Staal Wetteren | €187,589 | €34,935 | 21.4% | - |
| DE VEIRMAN CONSTRUCTIES Ghent | €109,650 | €24,839 | 93.1% | - |
| NEOTEC Dendermonde | €168,021 | €28,011 | 92.7% | - |
| VANDENHEEDE ALAIN Gavere | €162,495 | €32,541 | 58.2% | - |
These companies have the same main activity as PDP Construct: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €110,000 and €188,000, founded between 2003 and 2010.
PDP Construct files the micro format. That format states no turnover. The gross margin fell from €26,704 in 2009 to €21,385 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €61,000 and €280,000.
Higher than 95% of 2,343 companies in 2025.
Higher than 95% of 2,309 companies in 2025.
Higher than 50% of 2,323 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
143,034 | 154,646 | 168,443 | 189,066 | 169,949 | 159,516 | 186,082 | 196,761 | 222,940 | 240,644 | 204,592 | 199,137 | 201,915 | 195,525 | 202,769 | 204,250 | 207,566 | |
21/28 |
31,351 | 5,492 | 9,390 | 14,270 | 19,980 | 31,282 | 51,623 | 56,998 | 77,214 | 49,259 | 187,500 | 187,500 | 187,500 | 187,500 | 187,818 | 188,135 | 188,453 | |
22/27 |
31,351 | 5,492 | 9,390 | 14,270 | 19,980 | 31,282 | 51,623 | 56,998 | 77,214 | 49,259 | - | - | - | - | 318 | 635 | 953 | |
23 |
3,586 | 2,829 | 1,499 | 1,151 | 1,633 | 1,623 | 7,536 | 13,868 | 16,734 | 22,451 | - | - | - | - | - | - | - | |
24 |
27,765 | 2,663 | 7,891 | 13,119 | 18,348 | 29,660 | 42,283 | 39,521 | 55,066 | 19,588 | - | - | - | - | 318 | 635 | 953 | |
26 |
- | - | - | - | - | - | 1,805 | 3,610 | 5,414 | 7,219 | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | 187,500 | 187,500 | 187,500 | 187,500 | 187,500 | 187,500 | 187,500 | |
29/58 |
111,683 | 149,154 | 159,052 | 174,796 | 149,969 | 128,234 | 134,459 | 139,763 | 145,726 | 191,386 | 17,092 | 11,637 | 14,415 | 8,025 | 14,951 | 16,115 | 19,113 | |
3 |
- | 0 | 3,643 | 3,643 | 3,708 | 4,260 | 2,482 | 2,378 | 3,113 | 1,754 | - | - | - | - | - | - | - | |
30/36 |
- | 0 | 3,643 | 3,643 | 3,708 | 4,260 | 2,482 | 2,378 | 3,113 | 1,754 | - | - | - | - | - | - | - | |
40/41 |
18,724 | 22,892 | 24,084 | 19,287 | 18,771 | 16,487 | 7,718 | 18,511 | 12,686 | 27,537 | 7,865 | 7,865 | 7,865 | - | 7,865 | - | - | |
40 |
17,618 | 19,036 | 19,707 | 18,900 | 18,591 | 15,274 | 7,027 | 17,885 | 11,935 | 17,041 | 7,865 | 7,865 | 7,865 | - | 7,865 | - | - | |
41 |
1,106 | 3,857 | 4,377 | 387 | 180 | 1,212 | 691 | 625 | 751 | 10,496 | - | - | - | - | - | - | - | |
54/58 |
91,361 | 124,696 | 129,823 | 151,846 | 127,431 | 107,427 | 123,906 | 118,692 | 129,927 | 162,095 | 9,227 | 3,772 | 6,550 | 8,025 | 6,938 | 16,115 | 19,113 | |
490/1 |
1,599 | 1,566 | 1,503 | 20 | 59 | 59 | 354 | 182 | - | - | - | - | - | - | 148 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
143,034 | 154,646 | 168,443 | 189,066 | 169,949 | 159,516 | 186,082 | 196,761 | 222,940 | 240,644 | 204,592 | 199,137 | 201,915 | 195,525 | 202,769 | 204,250 | 207,566 | |
10/15 |
137,146 | 127,553 | 153,340 | 171,956 | 166,042 | 156,506 | 183,912 | 187,358 | 217,163 | 214,856 | 143,780 | 121,199 | 99,783 | 81,313 | 61,964 | 44,864 | 31,854 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
117,146 | 107,553 | 133,340 | 151,956 | 146,042 | 136,506 | 163,912 | 167,358 | 197,163 | 194,856 | 123,780 | 101,199 | 79,783 | 61,313 | 41,964 | 24,864 | 11,854 | |
130/1 |
- | - | 0 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
1311 |
- | - | 0 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
117,146 | 107,553 | 133,340 | 149,956 | 144,042 | 134,506 | 161,912 | 165,358 | 195,163 | 192,856 | 121,780 | 99,199 | 77,783 | 59,313 | 39,964 | 22,864 | 9,854 | |
14 |
0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
5,888 | 27,093 | 15,103 | 17,111 | 3,907 | 3,010 | 2,170 | 9,403 | 5,777 | 25,788 | 60,812 | 77,938 | 102,132 | 114,212 | 140,805 | 159,386 | 175,712 | |
17 |
- | - | - | - | - | - | - | - | - | - | 4,399 | 30,103 | 54,672 | 78,153 | 100,595 | 122,044 | 142,544 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | 4,399 | 30,103 | 54,672 | 78,153 | 100,595 | 122,044 | 142,544 | |
42/48 |
5,888 | 27,093 | 15,103 | 16,685 | 3,907 | 3,010 | 2,170 | 9,403 | 5,777 | 25,788 | 56,413 | 47,756 | 47,352 | 34,806 | 38,982 | 36,222 | 33,168 | |
42 |
- | - | - | - | - | - | - | - | - | 4,398 | 25,705 | 24,568 | 23,481 | 22,442 | 21,449 | 20,500 | 19,593 | |
44 |
3,757 | 3,032 | 3,464 | 1,444 | 889 | 1,274 | 1,175 | 7,423 | 2,924 | 19,718 | 686 | 268 | 267 | 870 | 107 | 755 | 3,776 | |
440/4 |
3,757 | 3,032 | 3,464 | 1,444 | 889 | 1,274 | 1,175 | 7,423 | 2,924 | 19,718 | 686 | 268 | 267 | 870 | 107 | 755 | 3,776 | |
45 |
0 | 73 | 0 | 9,029 | 3,017 | 1,735 | 995 | 1,980 | 2,853 | 1,672 | 30,022 | 22,920 | 23,604 | 11,494 | 17,426 | 14,967 | 9,799 | |
450/3 |
0 | 73 | 0 | 6,279 | 3,017 | 1,735 | 995 | 1,980 | 2,853 | 1,672 | 29,281 | 22,920 | 23,604 | 11,494 | 17,426 | 14,967 | 7,468 | |
454/9 |
- | - | 0 | 2,750 | - | - | - | - | - | - | 741 | - | - | - | - | - | 2,331 | |
47/48 |
2,131 | 23,988 | 11,639 | 6,211 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
492/3 |
- | - | 0 | 425 | - | - | - | - | - | - | - | 79 | 108 | 1,253 | 1,228 | 1,120 | - | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | - | - | - | 820 | - | - | 62,500 | - | - | - | - | - | - | - | |
9900 |
21,385 | 16,956 | 16,460 | 56,332 | 25,601 | 25,379 | 25,393 | 23,048 | 26,758 | 25,273 | 37,354 | 36,883 | 33,215 | 36,038 | 33,299 | 28,017 | 26,704 | |
630 |
4,886 | 6,613 | 6,062 | 7,431 | 11,937 | 23,341 | 24,036 | 23,178 | 23,067 | 12,551 | - | - | - | 318 | 317 | 318 | 318 | |
640/8 |
2,832 | 921 | 1,063 | 984 | 900 | 904 | 3,454 | 792 | 1,056 | 1,000 | 738 | 738 | 710 | 697 | 689 | 791 | 766 | |
66A |
- | - | - | - | 278 | - | 1,147 | 53 | - | - | - | - | - | - | - | - | - | |
9901 |
13,667 | 9,422 | 9,335 | 47,917 | 12,486 | 1,134 | -3,243 | -921 | 2,635 | 11,722 | 36,616 | 36,145 | 32,505 | 35,023 | 32,293 | 26,908 | 25,620 | |
75/76B |
1 | 0 | 0 | - | - | 194 | 0 | - | 397 | 62,501 | 2 | 5 | 14 | 18 | 26 | 48 | - | |
75 |
1 | 0 | 0 | - | - | 194 | 0 | - | 397 | 1 | 2 | 5 | 14 | 18 | 26 | 48 | - | |
76B |
- | - | - | - | - | - | - | - | - | 62,500 | - | - | - | - | - | - | - | |
65/66B |
152 | 77 | 84 | 74 | 799 | 46 | 83 | 186 | 249 | 1,476 | 2,209 | 3,423 | 4,210 | 5,693 | 6,109 | 7,016 | 7,016 | |
65 |
152 | 77 | 84 | 74 | 799 | 46 | 83 | 133 | 249 | 1,476 | 2,209 | 3,423 | 4,210 | 5,693 | 6,109 | 7,016 | 7,016 | |
66B |
- | - | - | - | - | - | - | 53 | - | - | - | - | - | - | - | - | - | |
9903 |
13,516 | 9,345 | 9,251 | 47,843 | 11,687 | 1,282 | -3,326 | -1,108 | 2,783 | 72,747 | 34,409 | 32,727 | 28,309 | 29,348 | 26,210 | 19,940 | 18,604 | |
67/77 |
3,923 | 2,661 | 2,867 | 13,358 | 2,151 | 116 | 119 | 126 | 477 | 1,672 | 11,827 | 11,312 | 9,839 | 9,999 | 9,109 | 6,930 | 6,750 | |
9904 |
9,593 | 6,684 | 6,384 | 34,485 | 9,536 | 1,165 | -3,445 | -1,233 | 2,307 | 71,076 | 22,582 | 21,415 | 18,470 | 19,349 | 17,101 | 13,010 | 11,854 | |
9905 |
9,593 | 6,684 | 6,384 | 34,485 | 9,536 | 1,165 | -3,445 | -1,233 | 2,307 | 71,076 | 22,582 | 21,415 | 18,470 | 19,349 | 17,101 | 13,010 | 11,854 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
9,593 | 6,684 | 6,384 | 34,485 | 9,536 | 1,165 | -3,445 | -1,233 | 2,307 | 71,076 | 22,582 | 21,415 | 18,470 | 19,349 | 17,101 | 13,010 | 11,854 | |
791/2 |
0 | 32,471 | 25,000 | 28,571 | - | 27,406 | 3,445 | 29,805 | - | - | - | - | - | - | - | - | - | |
691/2 |
9,593 | 6,684 | 6,384 | 34,485 | 9,536 | - | - | - | 2,307 | 71,076 | 22,582 | 21,415 | 18,470 | 19,349 | 17,101 | 13,010 | 11,854 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 | |
6921 |
9,593 | 6,684 | 6,384 | 34,485 | 9,536 | - | - | - | 2,307 | 71,076 | 22,582 | 21,415 | 18,470 | 19,349 | 17,101 | 13,010 | 9,854 | |
694/7 |
0 | 32,471 | 25,000 | 28,571 | - | 28,571 | - | 28,571 | - | - | - | - | - | - | - | - | - | |
694 |
0 | 32,471 | 25,000 | 28,571 | - | 28,571 | - | 28,571 | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-06-2026 | 2026-00218371 | |
| 31-12-2024 | micro format | 22-07-2025 | 2025-00296690 | |
| 31-12-2023 | micro format | 20-06-2024 | 2024-00151493 | |
| 31-12-2022 | micro format | 14-06-2023 | 2023-00140128 | |
| 31-12-2021 | abbreviated format | 16-06-2022 | 2022-20071499 | |
| 31-12-2020 | abbreviated format | 22-06-2021 | 2021-23500255 | |
| 31-12-2019 | abbreviated format | 24-06-2020 | 2020-20900005 | |
| 31-12-2018 | abbreviated format | 24-06-2019 | 2019-22400527 | |
| 31-12-2017 | abbreviated format | 25-06-2018 | 2018-22500403 | |
| 31-12-2016 | abbreviated format | 23-06-2017 | 2017-21400011 | |
| 31-12-2015 | abbreviated format | 24-06-2016 | 2016-22100062 | |
| 31-12-2014 | abbreviated format | 23-06-2015 | 2015-20500007 | |
| 31-12-2013 | abbreviated format | 24-06-2014 | 2014-21400233 | |
| 31-12-2012 | abbreviated format | 25-06-2013 | 2013-22000401 | |
| 31-12-2011 | abbreviated format | 25-06-2012 | 2012-21300440 | |
| 31-12-2010 | abbreviated format | 21-06-2011 | 2011-20000078 | |
| 31-12-2009 | abbreviated format | 21-06-2010 | 2010-20500199 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18,553 | 16,035 | 15,397 | 55,348 | 24,423 | 24,475 | 20,792 | 22,256 | 25,702 | 24,273 | - | - | - | 35,341 | 32,610 | 27,226 | 25,938 | ||
| 14,478 | 13,297 | 12,446 | 41,916 | 21,473 | 24,506 | 20,590 | 21,944 | 25,374 | 83,627 | - | - | - | 19,667 | 17,418 | 13,328 | 12,172 | ||
| 30,745 | 2,715 | 1,182 | 1,721 | 636 | 3,000 | 23,141 | 2,962 | 51,022 | 61,810 | - | - | - | 0 | 0 | 0 | 188,771 | ||
| -33,335 | -5,127 | -22,023 | 24,415 | 20,003 | -16,478 | 5,214 | -11,235 | -32,167 | 152,868 | 5,455 | -2,778 | -1,475 | 1,087 | -9,177 | -2,998 | - | ||
| 105,795 | 122,061 | 143,950 | 158,111 | 146,062 | 125,224 | 132,289 | 130,359 | 139,949 | 165,597 | -39,321 | -36,119 | -32,937 | -26,781 | -24,031 | -20,107 | -14,055 | ||
| 95.9% | 82.5% | 91.0% | 91.0% | 97.7% | 98.1% | 98.8% | 95.2% | 97.4% | 89.3% | 70.3% | 60.9% | 49.4% | 41.6% | 30.6% | 22.0% | 15.3% | ||
| 18.97 | 5.51 | 10.53 | 10.48 | 38.39 | 42.61 | 61.96 | 14.86 | 25.22 | 7.42 | 0.30 | 0.24 | 0.30 | 0.23 | 0.38 | 0.44 | 0.58 | ||
| 18.97 | 5.51 | 10.29 | 10.26 | 37.44 | 41.19 | 60.82 | 14.61 | 24.69 | 7.35 | 0.30 | 0.24 | 0.30 | 0.23 | 0.38 | 0.44 | 0.58 | ||
| 0.04 | 0.21 | 0.10 | 0.10 | 0.02 | 0.02 | 0.01 | 0.05 | 0.03 | 0.12 | 0.42 | 0.64 | 1.02 | 1.40 | 2.27 | 3.55 | 5.52 | ||
| 7.0% | 5.2% | 4.2% | 20.1% | 5.7% | 0.7% | -1.9% | -0.7% | 1.1% | 33.1% | 15.7% | 17.7% | 18.5% | 23.8% | 27.6% | 29.0% | 37.2% | ||
| 6.7% | 4.3% | 3.8% | 18.2% | 5.6% | 0.7% | -1.9% | -0.6% | 1.0% | 29.5% | 11.0% | 10.8% | 9.1% | 9.9% | 8.4% | 6.4% | 5.7% | ||
| over 100 | over 100 | over 100 | over 100 | 30.58 | - | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €30,745 | €2,715 | €1,182 | €1,721 | €636 |
| €4,886 | €6,613 | €6,062 | €7,431 | €11,937 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 45% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 17.5% to 4.1%. Equity is higher and debt is lower.
PDP Construct has no parent and no holdings in its annual accounts. is the only director. PDP Construct shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Lange Wegel 110 registered office 9230 Wetteren | 01-01-2009 | 2.175.350.407 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42302D0623/00P000 | 1,741 m² | 1 · 80 m² | 8.7 m · 2 |
If something looks wrong or is missing, please tell us.