PERSPECTIVE CONSTRUCT
ActiveSummary
PERSPECTIVE CONSTRUCT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,473 and a net result of -€5,033. Equity is shrinking by ~5.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result stays negative: a loss of €4,919 in 2025 against €14,725 in 2024; the loss shrinks.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 6,910 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €4,525 | €1,402 | €1,060 | €2,887 | €425 | ▼ 85.3% |
| Gross operating margin9900 | €44,739 | €94,387 | -€29,763 | -€947 | €214,597 | -€11,693 | -€11,838 | -€4,494 | ▲ 62.0% |
| Operating profit (loss)9901 | €43,958 | €94,050 | -€30,110 | -€5,472 | €213,195 | -€12,753 | -€14,725 | -€4,919 | ▲ 66.6% |
| Financial income75/76B | - | - | - | €1 | €0 | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | - | €53 | €1 | €0 | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €3,658 | €9,085 | €96 | €110 | €114 | ▲ 4.1% |
| Recurring financial charges65 | €3,132 | €9,997 | €269 | €3,658 | €9,085 | €96 | €110 | €114 | ▲ 4.1% |
| Profit (loss) for the period before taxes9903 | €40,826 | €84,052 | -€30,326 | -€9,129 | €204,110 | -€12,849 | -€14,835 | -€5,033 | ▲ 66.1% |
| Income taxes67/77 | €1,987 | €18,310 | €0 | - | €43,995 | €0 | - | - | - |
| Profit (loss) for the period9904 | €38,838 | €65,742 | -€30,326 | -€9,129 | €160,115 | -€12,849 | -€14,835 | -€5,033 | ▲ 66.1% |
| Profit (loss) for the period to be appropriated9905 | €38,838 | €65,742 | -€30,326 | -€9,129 | €160,115 | -€12,849 | -€14,835 | -€5,033 | ▲ 66.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €422,079 | €305,001 | €127,200 | €835,558 | €289,986 | €232,910 | €89,075 | €79,504 | ▼ 10.7% |
| Fixed assets21/28 | - | €1,300 | €0 | - | - | - | - | - | - |
| Financial fixed assets28 | - | €1,300 | €0 | - | - | - | - | - | - |
| Current assets29/58 | €422,079 | €303,701 | €127,200 | €835,558 | €289,986 | €232,910 | €89,075 | €79,504 | ▼ 10.7% |
| Stocks and contracts in progress3 | €380,266 | €1,550 | €0 | €461,430 | €0 | - | - | - | - |
| Stocks30/36 | - | - | - | €461,430 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €20,607 | €30,250 | €54,536 | €373,300 | €4,815 | €4,136 | €1,636 | €1,636 | = |
| Trade receivables40 | - | - | - | €370,800 | €0 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €2,500 | €4,815 | €4,136 | €1,636 | €1,636 | = |
| Cash at bank and in hand54/58 | €20,686 | €271,902 | €72,664 | €829 | €285,149 | €228,774 | €87,438 | €77,868 | ▼ 10.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €22 | €0 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €422,079 | €305,001 | €127,200 | €835,558 | €289,986 | €232,910 | €89,075 | €79,504 | ▼ 10.7% |
| Equity10/15 | €68,259 | €134,001 | €103,675 | €94,545 | €198,190 | €95,341 | €80,506 | €75,473 | ▼ 6.3% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Capital10 | - | - | - | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Issued capital100 | - | - | - | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Reserves13 | €5,759 | €71,501 | €41,175 | €32,045 | €135,690 | €32,841 | €18,006 | €12,973 | ▼ 28.0% |
| Non-distributable reserves130/1 | - | - | - | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Legal reserve130 | - | - | - | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Distributable reserves133 | - | - | - | €25,795 | €129,440 | €26,591 | €11,756 | €6,723 | ▼ 42.8% |
| Profit (loss) carried forward14 | -€11,451 | -€33,079 | - | - | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €353,820 | €171,001 | €23,526 | €741,013 | €91,796 | €137,569 | €8,569 | €4,031 | ▼ 53.0% |
| Amounts payable within one year42/48 | €353,800 | €171,001 | €23,526 | €740,414 | €91,796 | €137,569 | €8,569 | €4,031 | ▼ 53.0% |
| Financial debts43 | - | - | - | €530,000 | €0 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €530,000 | €0 | - | - | - | - |
| Trade debts44 | €54,899 | €64,272 | €5,018 | €146,587 | €1,102 | €42 | €5,037 | €4,031 | ▼ 20.0% |
| Suppliers440/4 | - | - | - | €146,587 | €1,102 | €42 | €5,037 | €4,031 | ▼ 20.0% |
| Taxes, remuneration and social security45 | - | - | - | €9,889 | €43,995 | €43,995 | €0 | - | - |
| Taxes450/3 | - | - | - | €9,889 | €43,995 | €43,995 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €53,938 | €46,699 | €93,532 | €3,532 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €599 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,838 | €65,742 | -€30,326 | -€9,129 | €160,115 | -€12,849 | -€14,835 | -€5,033 | ▲ 66.1% |
| Operating cash flow (approximation) | €38,838 | €65,742 | -€30,326 | -€9,129 | €160,115 | -€12,849 | -€14,835 | -€5,033 | ▲ 66.1% |
| Investment in fixed assets (approximation) | - | - | €1,300 | - | - | - | - | - | - |
| Change in cash | - | €251,216 | -€199,238 | -€71,835 | €284,320 | -€56,375 | -€141,335 | -€9,571 | ▲ 93.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.