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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).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€120,773total assets 2025
Equity
€71,160
Profit
€66,160
Turnover not published (micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts filed 11 days late0 of 1 deed read
Why 87raises riskFounded in 2024Size: total assets €120,773lowers riskLiquidity: current ratio 1.55, cash €62,564Equity €71,160 (58.9% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 84
equity 58.9% of total assets
Liquidity 81
short-term debt 41.1% · cash 51.8%
Profitability 100
return on assets 54.8%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,541 companies, NACE 43, micro)
Last 24 months 01-2026: 1.9% 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 2.0%▲ +0.1 percentage points vs 02-2026 04-2026: 2.3%▲ +0.3 percentage points vs 03-2026 05-2026: 2.4%▲ +0.1 percentage points vs 04-2026 06-2026: 2.7%▲ +0.3 percentage points vs 05-2026 07-2026: 2.7%● unchanged vs 06-2026 08-2026: 3.0%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.4%▼ -2.6 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €6,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 1.55; short-term debt: 41.1% and cash: 51.8% of total assets), and 41.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 64% on solvency, 78% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 1.55, cash €62,564
NBB · annual accounts
raises risk · Founded in 2024
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €71,160 (58.9% of total assets)
NBB · annual accounts
raises risk · Size: total assets €120,773
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
11 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…

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

Public contracts: not fully processed yet. The notices from February 2018 to September 2026 are still being read.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

PE CONSTRUCT was incorporated on 20 December 2024 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
11-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 11 days late
NBB filing
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded20-12-2024
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
74112Other professional, scientific and technical activities
74140Other specialised design activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017740331
Also 9925:BE1017740331
Registered 22-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 10 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 1017.740.331

Recognitions · licences · registrations

Legal Entity Identifier

64889Z3W8QF254FT6C94
live in the LEI register

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zandhoven · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
1,048 m²
Building footprint
262 m²
Building volume
1,088 m³
Parcel 11033C0156/00S003, Flanders · tallest building 10.0 m. Linked by address, not a title deed.
1 establishment unit
PE CONSTRUCT
Dorp 28, 2242 ZandhovenGeneral construction of residential buildings
since 2025unit no. 2.368.143.152
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11033C0156/00S003 Flanders 1,048 m² 1 · 262 m² 9.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.