Result
€83,644 ▲ 326%
The result rose in 2023 from €19,631 to €83,644.
PFM CONSTRUCT
Overview
Information for creditors
Enterprise Court of Brussels · Official Gazette of 09-09-2025Appeal or third-party opposition 24-09-2025Filing the claim in RegSol 02-10-2025First verification report 08-10-2025Late claim 02-09-2026
Trustee: Jean-Louis De Chaffoy Jl. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
3 annual accounts with figures on one time axisGross marginpeak €94,499 (2023)
€94,499▲ 193%
Resultpeak €83,644 (2023)
€83,644▲ 326%
Equitypeak €89,644 (2023)
€89,644▲ 184%
Debts
€46,101▼ 66.3%
Board3 names since 2021
1 directorPEGORER Patrick
Documentsfilings and deeds
17-12-2024139 days late
2023micro format
Gross margin from €32,218 to €94,499Result from €19,631 to €83,644Equity from €31,537 to €89,644Debts from €136,606 to €46,101Cash from €9,744 to €6,466
Key points
from the 2023 annual accounts, the last ones filedLiquidity
3.17 was 1.21 in 2022
Short-term debts fell from €125,505 to €40,267.
Filings
3 annual accounts 3 late
The 2022 accounts came latest: 366 days after the end of the period.
No score
Recent changes
Bankruptcy published
Enterprise Court of Brussels · judgment of 02-09-2025 · Bankruptcy
Address struck
KBO administration
End & cessation
Resignation: Violette MEUNER (liquidator) · Gazette deed
Judicial dissolution, liquidator appointed
Enterprise Court of Hainaut, Charleroi division · Meunier Violette · judgment of 03-06-2024 · Bankruptcy
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 02-09-2025
- Legal form
- Private limited company
- Activity
- “Algemene bouwonderneming zonder beperking van activiteit,ge-reglementeerde activiteiten worden uitgeoefend vanaf het bekomen van de…” (deed in Dutch)From the articles, 32 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.322.827.8216001 Charleroi, since 07-10-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2023
- Turnover
- €451,634
- Profit
- €83,644▲ 326%
- Equity
- €89,644▲ 184%
- Total assets
- €135,744▼ 19.3%
- Filing
- Filed on 17-12-2024
Insights on PFM CONSTRUCT
On 2 September 2025 the court declared PFM CONSTRUCT bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2023
micro format, filed on 17-12-2024, 139 days lateTurnover
€451,634
Operating result
€84,320
▲ 313%
EBITDA
€92,538
▲ 223%
Cash flow
€91,862
▲ 230%
Solvency
66.0%
▲ 47.3 percentage points
Current ratio
3.17
▲ 1.96
Money flows
of every €100 of turnover, €18.52 remains as profit in 2023Balance sheet
balance sheet total €135,744 on 31-12-2023What the company ownsHow it is paid for
Change in equityin euro
Change in cashin euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
Total assets20/58 |
135,744 | 168,142 | 41,553 | |
Fixed assets21/28 |
8,219 | 16,058 | 24,276 | |
Tangible fixed assets22/27 |
8,219 | 16,058 | 24,276 | |
Furniture and vehicles24 |
8,219 | 16,058 | 24,276 | |
Current assets29/58 |
127,526 | 152,085 | 17,276 | |
Amounts receivable within one year40/41 |
120,492 | 141,772 | 7,919 | |
Trade receivables40 |
85,492 | 141,137 | 5,069 | |
Other amounts receivable41 |
35,000 | 636 | 2,850 | |
Cash at bank and in hand54/58 |
6,466 | 9,744 | 7,969 | |
Deferred charges and accrued income490/1 |
568 | 568 | 1,389 | |
| Balance sheet: equity and liabilities | ||||
Total equity and liabilities10/49 |
135,744 | 168,142 | 41,553 | |
Equity10/15 |
89,644 | 31,537 | 11,906 | |
Contributions10/11 |
6,000 | 6,000 | 6,000 | |
Profit (loss) carried forward14 |
83,644 | 25,537 | 5,906 | |
Amounts payable17/49 |
46,101 | 136,606 | 29,647 | |
Amounts payable after more than one year17 |
5,834 | 11,101 | 16,364 | |
Financial debts170/4 |
5,834 | 11,101 | 16,364 | |
Amounts payable within one year42/48 |
40,267 | 125,505 | 13,283 | |
Current portion of amounts payable after more than one year42 |
5,264 | 5,264 | 5,081 | |
Trade debts44 |
5,000 | 114,982 | 1,791 | |
Suppliers440/4 |
5,000 | 114,982 | 1,791 | |
Taxes, remuneration and social security45 |
30,003 | 2,066 | 2,065 | |
Taxes450/3 |
30,003 | 2,066 | 2,065 | |
Other amounts payable47/48 |
- | 3,194 | 4,346 | |
| Income statement | ||||
Turnover70 |
451,634 | - | - | |
Gross operating margin9900 |
94,499 | 32,218 | 8,979 | |
Goods, raw materials, services and sundry goods60/61 |
357,135 | - | - | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
8,219 | 8,219 | 380 | |
Other operating charges640/8 |
1,961 | 3,559 | 72 | |
Operating profit (loss)9901 |
84,320 | 20,441 | 8,528 | |
Financial income75/76B |
- | 8 | 1 | |
Recurring financial income75 |
- | 8 | 1 | |
Financial charges65/66B |
676 | 817 | 558 | |
Recurring financial charges65 |
676 | 817 | 558 | |
Profit (loss) for the period before taxes9903 |
83,644 | 19,632 | 7,970 | |
Income taxes67/77 |
- | 1 | 2,065 | |
Profit (loss) for the period9904 |
83,644 | 19,631 | 5,906 | |
Profit (loss) for the period to be appropriated9905 |
83,644 | 19,631 | 5,906 | |
| Appropriation of the result | ||||
Profit (loss) to be appropriated9906 |
83,644 | 25,537 | 5,906 | |
Profit (loss) brought forward from the previous period14P |
- | 5,906 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 17-12-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2023 annual accounts filed 139 days after the deadline. Filed on 17 December 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00617711.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| EBITDA | 92,538 | 28,659 | 8,907 | |
| Cash flow | 91,862 | 27,850 | 6,285 | |
| Investment in fixed assets (approximation) | 380 | 0 | 24,656 | |
| Change in cash | -3,278 | 1,775 | - | |
| Working capital | 87,259 | 26,579 | 3,993 | |
| EBIT margin | 18.7% | - | - | |
| Solvency | 66.0% | 18.8% | 28.7% | |
| Current ratio | 3.17 | 1.21 | 1.30 | |
| Debt to equity | 0.51 | 4.33 | 2.49 | |
| ROE | 93.3% | 62.2% | 49.6% | |
| ROA | 61.6% | 11.7% | 14.2% | |
| Interest coverage | over 100 | 35.08 | 15.96 | |
| Customer credit | 69 days | - | - | |
| Supplier credit | 5 days | - | - |
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.
Investments
fixed assets acquired| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | - | - | €24,656 |
| Depreciation and write-downs of the year | €8,219 | €8,219 | €380 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Insights on PFM CONSTRUCT
The operating result for 2023 is over 4.1 times that of 2022 and the highest since 2021. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 81.2% to 34.0%. Equity is higher and debt is lower.
Board & ownership
Curator
the curator has managed the company since 02-09-2025Last board
2 directors, no change since 2024Director (not named in the articles)
appointed by deed of 11-10-2021
earlier director, until 10-05-2024
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 13: Vertegenwoordiging van de vennootschap De (iedere) bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…”deed of 30-05-2024
Mandates through the years
3 names, the dashed line is todayBoardEarliermandate already running before its first mentionBankruptcy 02-09-2025
Mandates as a list
- PEGORER Patrick
- Director (not named in the articles), appointed by deed of 11-10-2021, until 10-05-2024
- Director (not named in the articles), appointed by deed of 11-10-2021, until the bankruptcy of 02-09-2025
- Olivier BIUSO
- Director, appointed by deed of 10-05-2024, until the bankruptcy of 02-09-2025
- Violette MEUNER
- Liquidator, until 06-08-2024
Control
Founder
PEGORER Patrick
This company
PFM CONSTRUCT
Equity €89,644
Profit €83,644 in 2023
Capital
- Contribution
- €6,000
- Source
- 2023 annual accounts
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 30-05-2024 (in Dutch)
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 directordeed of 30-05-2024 (in Dutch)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 18:00deed of 10-05-2024 (in French)
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditordeed of 11-10-2021 (in Dutch)
Shareholders
At incorporation
deed of 11-10-2021 ↗
- PEGORER Patrick 100 shares · 100%
Network & group
No group
PFM CONSTRUCT has no parent and no holdings in its annual accounts. PFM CONSTRUCT shares no director with another company.
Timeline
Timeline
14 events since 2021Board
Filings
Financial
Establishments
End and insolvency
Address
Other
202220242026
2025
Bankruptcy published Enterprise Court of Brussels · judgment of 02-09-2025
Address struck
End & cessationResignation: Violette MEUNER (liquidator)3 points ▸
- Registered office clause, Bergensesteenweg 751B, boîte 6, 1600 SINT-PIETERS-LEEUW
- Court decision, 06-08-2024
- Director resignation, Violette MEUNER (liquidator)
2024
Annual accounts 2023 filed PDFmicro format · 139 days late
Annual accounts 2022 filed PDFmicro format · 366 days late
Judicial dissolution, liquidator appointed Enterprise Court of Hainaut, Charleroi division · Meunier Violette · judgment of 03-06-2024
Deed on the articles PDF
Registered office moved from Charleroi to Sint-Pieters-LeeuwNew registered office: Bergensesteenweg 751B bus 06, 1600 Sint-Pieters-Leeuw · Previous registered office: RUE LAGRANGE 30, 6001 CHARLEROI · Resignation: Patrick PEGORER (director) · General meeting of 19-03-20245 points ▸
- Registered-office move, Bergensesteenweg 751B bus 06, 1600 Sint-Pieters-Leeuw
- Director resignation, Patrick PEGORER
- Director appointment, Olivier BIUSO
- General meeting, 19-03-2024
- Purpose change, “Entreprise générale de construction sans limitation d'activité,les activités réglementées sont exercées à partir de l'obtention de l'autorisation requise; Prépa…” (deed in French)
- The deed holds 3 more points.
2023
Highest result from 2021 to 2023 net €83,644 ▲326% The operating result of €84,320 and the net result of €83,644 are both a record.
Liquidity more than doubled current ratio 3.17 The current ratio rises from 1.21 to 3.17. Short-term debt falls from €125,505 to €40,267.
2022
Annual accounts 2021 filed PDFmicro format · 25 days late
2021
Registered office moved from Sint-Pieters-Leeuw to CharleroiNew registered office: RUE LAGRANGE 30, 6001 CHARLEROI · Previous registered office: Bergensesteenweg 421 bus 13, 1600 Sint-Pieters-Leeuw · General meeting of 23-11-20212 points ▸
- General meeting, 23-11-2021
- Registered-office move, RUE LAGRANGE 30, 6001 CHARLEROI
IncorporationFounder: PEGORER Patrick · Founding capital of €6,000, 100 shares · Appointment: PEGORER Patrick (director) · published on 11-10-20215 points ▸
- Founder, PEGORER Patrick
- Founding capital, €6,000, 100 shares, mentioned twice in the deed
- PEGORER Patrick holds 100 shares (100%)
- Registered office clause, Bergensesteenweg, 421/13, 1600 Sint-Pieters-Leeuw
- Director appointment, PEGORER Patrick (director (not named in the articles))
- The deed holds 12 more points.
First establishment Rue Lagrange 30, Charleroi
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 7 October 2021, PFM CONSTRUCT was incorporated as a private limited company.1 The registered office moved to Charleroi in 2021 and to Sint-Pieters-Leeuw in 2024.23 Today the board has 2 members.3 Total assets went from €41,553 in 2021 to €135,744 in 2023.4 The company was declared bankrupt on 2 September 2025.5
Company details
Identity
- Enterprise number
- 0775.476.891
- VAT number
- BE 0775.476.891
- Legal form
- Private limited company
- Status
- In bankruptcy, since 02-09-2025
- Founded
- 07-10-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 18:00deed of 10-05-2024 (in French)
- Peppol
- Not found in the Peppol Directory
- Name
- PFM CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 30-05-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 30-05-2024 (in Dutch)
Activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Algemene bouwonderneming zonder beperking van activiteit,ge-reglementeerde activiteiten worden uitgeoefend vanaf het bekomen van de vereiste…”deed of 30-05-2024 (in Dutch)
32 activities
- Algemene bouwonderneming zonder beperking van activiteit,ge-reglementeerde activiteiten worden uitgeoefend vanaf het bekomen van de vereiste machtiging
- Het bouwrijp maken van terreinen,burgerlijke en utiliteitsge-bouw,Individuele huizen,residentiële en kantoorgebouwen,gebouwen van industriële,commerciële aard
- Chape,plafonneerwerken,cementwerken
- Afwerking(verven en behangen):Oprichting,afwerking,renovatie en onderhoud van alle onroe-rende goederen
- Onderneming voor grond en waterbouwkundige werken
- Het leggen in gebouwen en andere bouwwerken van parket en andere houten vloerbekleding,tapijt en vloerbedekking van linoleum,rubber of kunststof
- Aannemer van metsel en betonwerken,waterdicht maken van bouwwerken
- Aannemer van slopingswerken
- Installeren van individuele verwarmingsinstallaties
- Het uitoefenen van het beroep van sanitair installateur,loodgie-ter,installateur van centrale verwarming en het plaatsen van elektrotech-nische installaties,aircoinstallaties,enzovoort
- Het kopen en verkopen,huren en verhuren van allerhande machi-nes en infrastructuur noodzakelijk voor de bouwnijverheid,met bedie-ningspersoneel of zonder
- Het leggen van opritten in klinkers,kasseien en andere gelijkaar-dige materialen
- Aannemer van schrijnwerk in hout,kunststof en metaal
- Montage van buiten en binnenschrijnwerk in hout,kunststof en metaal
- Dakbedekking en bouw van daken en dakconstructies,het plaat-sen van dakbedekking van ongeacht welk materiaal,het plaatsen van dakgoten en regenafvoerbuizen,het waterdicht maken van daken en dakterrassen
- Het aanbrengen van pleister en stukadoorswerk(inclusief het aanbrengen van een hechtgrond)aan de binnen-of buitenzijde van gebou-wen en andere bouwwerken
- Het behandelen van muren met vochtwerende en waterafstoten-de producten
- Gevelreiniging door middel van zandstralen,met behulp van stoom,enzovoort,het reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
- Overige werkzaamheden in verband met de afwerking van ge-bouwen
- Het leggen van ondergrondse nutskabels
- Rioleringswerken en het uitvoeren van bestratingen
- Wegenwerken
- Plaatsing van signalisatie
- Alle aannemersactiviteiten
- Plaatsen van ramen en deuren
- Onderhoud en herstelling van verwarmingsinstallaties
- Loodgieterswerk
- Installatie van verwarming,klimaatregeling en ventilatie
- Aan-en verkoop,huur en verhuur,beheer(ook als syndicus)van alle onroerende goederen,projectontwikkeling,verkaveling,bouwpromo-tie,onroerende leasing
- Schoonmaak-en kuisactiviteiten van goederen,woningen en industriële gebouwen
- Onderhoud en herstelling van meubelen
- Kuis van ruiten en ramen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue Lagrange 30 6001 Charleroi 42110 Construction of roads and motorways | 07-10-2021 | 2.322.827.821 |
1 former office
- Bergensesteenweg 421 bus 13, 1600 Sint-Pieters-Leeuw until 23-11-2021 · deed of 03-12-2021
Buildings and parcels at the addresses
- Ground area
- 954 m²
- Buildings
- 650 m²
- Volume, LiDAR
- 4,876 m³
- Tallest building
- 13.3 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23583G0001/00Y002 | Flanders | 739 m² | 1 · 598 m² | 13.3 m · 2 |
| 52392C0318/00H000 | Wallonia | 215 m² | 1 · 52 m² | 10.0 m · 3 |