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PE CONSTRUCT

Active
Private limited companyfounded 2024active for 1 yearDorp 28, 2242 Zandhoven, BelgiumKBO/BCE: BE 1017.740.331
Summary

PE CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,160 and a net result of €66,160. Its solvency ranks better than 63% of 34,263 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

Equity
€71,160
Total assets
€120,773
Net result
€66,160
Working capital
€27,074

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €120,773
Fixed assets €44,085
Current assets €76,687
Equity and liabilities €120,773
Equity €71,160
Debt €49,613
Debt finances 41.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€100,164
Cash flow
€75,291
Current ratio
1.55
Debt to equity
0.70
ROE
93.0%
ROA
54.8%
Interest coverage
44.93
Debt ≤ 1 year
€49,613
Income taxes
€23,263
Staff costs
€1,520

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€120,773
Fixed assets21/28€44,085
Intangible fixed assets21€12,679
Tangible fixed assets22/27€31,407
Plant, machinery and equipment23€2,381
Furniture and vehicles24€29,026
Current assets29/58€76,687
Amounts receivable within one year40/41€12,124
Trade receivables40€11,510
Other amounts receivable41€614
Current investments50/53€2,000
Cash at bank and in hand54/58€62,564
Equity and liabilities
Total equity and liabilities10/49€120,773
Equity10/15€71,160
Contributions10/11€5,000
Reserves13€66,160
Non-distributable reserves130/1€500
Reserves not available under the articles1311€500
Distributable reserves133€65,660
Amounts payable17/49€49,613
Amounts payable within one year42/48€49,613
Trade debts44€14,291
Suppliers440/4€14,291
Taxes, remuneration and social security45€35,322
Taxes450/3€35,322
Income statement Code2025
Remuneration, social security and pensions62€1,520
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,131
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2,477
Other operating charges640/8€1,402
Gross operating margin9900€105,563
Operating profit (loss)9901€91,033
Financial income75/76B€620
Recurring financial income75€620
Financial charges65/66B€2,229
Recurring financial charges65€2,229
Profit (loss) for the period before taxes9903€89,423
Income taxes67/77€23,263
Profit (loss) for the period9904€66,160
Profit (loss) for the period to be appropriated9905€66,160
Appropriation of the result
Profit (loss) to be appropriated9906€66,160
Transfer to equity691/2€66,160
To the legal reserve6920€500
To other reserves6921€65,660

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€1,520
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,131
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2,477
Other operating charges640/8€1,402
Gross operating margin9900€105,563
Operating profit (loss)9901€91,033
Financial income75/76B€620
Recurring financial income75€620
Financial charges65/66B€2,229
Recurring financial charges65€2,229
Profit (loss) for the period before taxes9903€89,423
Income taxes67/77€23,263
Profit (loss) for the period9904€66,160
Profit (loss) for the period to be appropriated9905€66,160
Line2025
Assets
Total assets20/58€120,773
Fixed assets21/28€44,085
Intangible fixed assets21€12,679
Tangible fixed assets22/27€31,407
Plant, machinery and equipment23€2,381
Furniture and vehicles24€29,026
Current assets29/58€76,687
Amounts receivable within one year40/41€12,124
Trade receivables40€11,510
Other amounts receivable41€614
Current investments50/53€2,000
Cash at bank and in hand54/58€62,564
Equity and liabilities
Total equity and liabilities10/49€120,773
Equity10/15€71,160
Contributions10/11€5,000
Reserves13€66,160
Non-distributable reserves130/1€500
Reserves not available under the articles1311€500
Distributable reserves133€65,660
Amounts payable17/49€49,613
Amounts payable within one year42/48€49,613
Trade debts44€14,291
Suppliers440/4€14,291
Taxes, remuneration and social security45€35,322
Taxes450/3€35,322
Line2025
Profit (loss) for the period9904€66,160
+ Depreciation and write-downs630€9,131
Operating cash flow (approximation)€75,291

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector, comparable size

Of the 15,481 companies in this sector, figures are known for 7,498. 6,295 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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