PETI CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of PETI CONSTRUCT is 2.2% (moderate). For PETI CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €89,928 and a net result of €3,856. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 95% of 33680 sector peers (fiscal year 2023). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability47▼-28
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
90.6%
Return on assets
3.9%
Age of the figures
33 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-11-2024, 101 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
101 d late
2022
43 d late
2021
136 d late
2020
122 d late
2019
238 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 128 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,856▼ 43.0%
2022 · €6,759
Working capital
€88,777▲ 5.6%
2022 · €84,041
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€59,310€15,218▼ 74.3%-€25,774€6,878€5,141▼ 25.2%
Net result€40,915€13,243within the sector's middle half▼ 67.6%-€24,752below the sector's middle half€6,759within the sector's middle half€3,856within the sector's middle half▼ 43.0%
Equity€96,821▲ 73.2%€104,064within the sector's middle half▲ 7.5%€79,312within the sector's middle half▼ 23.8%€86,071within the sector's middle half▲ 8.5%€89,928within the sector's middle half▲ 4.5%
Total assets€142,017▲ 119%€183,202within the sector's middle half▲ 29.0%€193,446within the sector's middle half▲ 5.6%€130,682within the sector's middle half▼ 32.4%€99,271within the sector's middle half▼ 24.0%
Debt€45,196▲ 413%€79,138▲ 75.1%€114,134▲ 44.2%€44,610▼ 60.9%€9,343▼ 79.1%
Working capital€94,700▲ 92.2%€100,568within the sector's middle half▲ 6.2%€76,005within the sector's middle half▼ 24.4%€84,041within the sector's middle half▲ 10.6%€88,777within the sector's middle half▲ 5.6%
Solvency68.2%▼ 18.2pp56.8%within the sector's middle half▼ 11.4pp41.0%within the sector's middle half▼ 15.8pp65.9%within the sector's middle half▲ 24.9pp90.6%above the sector's middle half▲ 24.7pp
Current ratio3.10▼ 3.492.27within the sector's middle half▼ 0.831.67within the sector's middle half▼ 0.602.88within the sector's middle half▲ 1.2210.50above the sector's middle half▲ 7.62
Return on assets (ROA)28.8%▲ 32.4pp7.2%within the sector's middle half▼ 21.6pp-12.8%below the sector's middle half▼ 20.0pp5.2%within the sector's middle half▲ 18.0pp3.9%within the sector's middle half▼ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 25% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €99,271
Fixed assets
€1,151 ▼ 43.3%
Current assets
€98,120 ▼ 23.7%
Equity and liabilities €99,271
Equity
€89,928 ▲ 4.5%
Debt
€9,343 ▼ 79.1%
Debt's share of the balance-sheet total falls from 34.1% to 9.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,022▼
2022 · €10,429
Cash flow
€4,737▼
2022 · €10,311
Debt to equity
0.10▼
2022 · 0.52
ROE
4.3%▼
2022 · 7.9%
Debt ≤ 1 year
€9,343▼
2022 · €44,610
Income taxes
€1,285
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,400 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,221 | €896 | €1,421 | €3,551 | €881 | ▼ 75.2% |
| Other operating charges640/8 | - | - | €4,987 | €2,304 | €973 | ▼ 57.7% |
| Gross operating margin9900 | €68,303 | €30,602 | -€19,366 | €12,733 | €6,995 | ▼ 45.1% |
| Operating profit (loss)9901 | €59,310 | €15,218 | -€25,774 | €6,878 | €5,141 | ▼ 25.2% |
| Financial income75/76B | - | - | €1,257 | - | - | - |
| Recurring financial income75 | €761 | €1,150 | €1,257 | - | - | - |
| Financial charges65/66B | - | - | €235 | €119 | - | - |
| Recurring financial charges65 | €100 | €140 | €235 | €119 | - | - |
| Profit (loss) for the period before taxes9903 | €59,971 | €16,228 | -€24,752 | €6,759 | €5,141 | ▼ 23.9% |
| Income taxes67/77 | €19,056 | €2,985 | - | - | €1,285 | - |
| Profit (loss) for the period9904 | €40,915 | €13,243 | -€24,752 | €6,759 | €3,856 | ▼ 43.0% |
| Profit (loss) for the period to be appropriated9905 | €40,915 | €13,243 | -€24,752 | €6,759 | €3,856 | ▼ 43.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142,017 | €183,202 | €193,446 | €130,682 | €99,271 | ▼ 24.0% |
| Fixed assets21/28 | €2,292 | €3,508 | €3,319 | €2,031 | €1,151 | ▼ 43.3% |
| Tangible fixed assets22/27 | €2,292 | €3,508 | €3,319 | €1,831 | €951 | ▼ 48.1% |
| Plant, machinery and equipment23 | - | - | €2,941 | €0 | - | - |
| Furniture and vehicles24 | - | - | €378 | €1,831 | €951 | ▼ 48.1% |
| Financial fixed assets28 | - | - | - | €200 | €200 | = |
| Current assets29/58 | €139,725 | €179,694 | €190,127 | €128,651 | €98,120 | ▼ 23.7% |
| Amounts receivable within one year40/41 | €101,545 | €126,187 | €173,861 | €124,243 | €72,062 | ▼ 42.0% |
| Trade receivables40 | - | - | €150,968 | €114,417 | €72,062 | ▼ 37.0% |
| Other amounts receivable41 | - | - | €22,893 | €9,827 | - | - |
| Current investments50/53 | - | - | - | - | €1,977 | - |
| Cash at bank and in hand54/58 | €37,831 | €52,133 | €15,558 | €4,408 | - | - |
| Deferred charges and accrued income490/1 | - | - | €708 | - | €24,081 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142,017 | €183,202 | €193,446 | €130,682 | €99,271 | ▼ 24.0% |
| Equity10/15 | €96,821 | €104,064 | €79,312 | €86,071 | €89,928 | ▲ 4.5% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | - | - | €6,200 | - | - |
| Share premium1100/10 | - | - | - | €6,200 | - | - |
| Reserves13 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Non-distributable reserves130/1 | - | - | €3,000 | €3,000 | €3,000 | = |
| Reserves not available under the articles1311 | - | - | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €87,621 | €94,864 | €70,112 | €76,871 | €80,728 | ▲ 5.0% |
| Amounts payable17/49 | €45,196 | €79,138 | €114,134 | €44,610 | €9,343 | ▼ 79.1% |
| Amounts payable within one year42/48 | €45,025 | €79,126 | €114,122 | €44,610 | €9,343 | ▼ 79.1% |
| Trade debts44 | €24,437 | €28,788 | €81,478 | €13,206 | - | - |
| Suppliers440/4 | - | - | €81,478 | €13,206 | - | - |
| Taxes, remuneration and social security45 | - | - | €19,541 | €18,302 | €1,285 | ▼ 93.0% |
| Taxes450/3 | - | - | €19,541 | €18,302 | €1,285 | ▼ 93.0% |
| Other amounts payable47/48 | - | - | €13,103 | €13,103 | €8,058 | ▼ 38.5% |
| Accrued charges and deferred income492/3 | - | - | €12 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,915 | €13,243 | -€24,752 | €6,759 | €3,856 | ▼ 43.0% |
| + Depreciation and write-downs630 | €6,221 | €896 | €1,421 | €3,551 | €881 | ▼ 75.2% |
| Operating cash flow (approximation) | €47,136 | €14,139 | -€23,331 | €10,311 | €4,737 | ▼ 54.1% |
| Investment in fixed assets (approximation) | - | -€2,112 | -€1,232 | -€2,263 | -€0 | ▲ 100.0% |
| Change in cash | - | €14,302 | -€36,575 | -€11,150 | - | - |
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
2024
09-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 101 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 10.50
Current ratio from 2.88 to 10.50; short-term debt falls from €44,610 to €9,343.
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
31-12
Financial
Back to profitnet €6,759
Net result €6,759 after one loss-making year.
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 136 days late
2021
31-12
Financial
Weakest financial yearnet -€24,752
Net result drops to -€24,752, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 122 days late
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 238 days late
2020
31-12
Financial
Equity above €100,000Eq €104,064 ▲7.5%
2 profitable years in a row build equity to €104,064.
2019
31-12
Financial
Back to profitnet €40,915
Net result €40,915 after one loss-making year.
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 121 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 121 days late
Show earlier events
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 275 days late
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 134 days late
2015
25-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2010
Ground area
110 m²
Building footprint
67 m²
Volume, LiDAR
898 m³
Parcel 21910E0066/04D008, Brussels · tallest building 19.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PETI CONSTRUCT
since 20102.194.623.218
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0066/04D008 | Brussels | 110 m² | 1 · 67 m² | 19.8 m · 5 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.
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Of 8,464 companies in sector 43120 we hold annual accounts for 3,233. 2,637 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 (pre-2019)
Founded08-12-2010
Fiscal year end31-12
Abbreviation FR
PETI
Activities, NACEBEL 2025
43120Site preparation
43130Specialised construction activities
43230Insulation installation
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0831724817
Also
9925:BE0831724817
Registered
02-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.