Equity
€563,197 from €998,313 in 2017
Equity fell by 44% in 8 years.
PI-construct
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €406,634 (2012)
€12,140▲ 26.6%
lowest -€29,863 (2022)
-€20,653▲ €5,489
peak €998,313 (2017)
€563,197▼ 3.5%
€247,251▼ 0.8%
Board1 name since 2021
1 director
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €9,589 to €12,140Loss of €20,653Cash from €1,560 to €5,686
Key points
from the 2025 annual accountsLosses
-€46,796 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Position in the sector
-€20,653
Lower net result than 92% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as PI-construct has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,613 companies, not a prediction for PI-construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0462406324
Reappointment: (statutory director)
Appointment: (statutory director) · 2,250 shares · Gazette deed
Registered office moved within Blankenberge
New registered office: Willem van Saeftingestraat 9 te 8370 Blankenberge · Previous registered office: Willem van Saeftingestraat 20, 8370 Blankenberge · General meeting of 15-03-2019 · Gazette deed
Capital decrease of €506,102.21 to €18,592.01
Capital from €524,694.22 to €18,592.01 · General meeting of 29-01-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PI-construct Blankenberge | €810,448 | €12,140 | 69.5% | - |
| MAXUS Diest | €865,337 | €12,013 | 71.3% | - |
| ELEKTRO BASTIAENS Lommel | €547,743 | €15,579 | 93.9% | - |
| MTS ENERGY Deerlijk | €875,117 | €6,475 | 99.2% | - |
| CARO-TEX & CO Brussels | €635,706 | €20,345 | 48.2% | - |
| Electro Soeffers Ronny Beringen | €651,656 | €19,695 | 98.9% | - |
| DIERCKX D. Hulshout | €454,419 | €15,915 | 59.6% | - |
These companies have the same main activity as PI-construct: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €454,000 and €875,000, founded between 1988 and 2007.
Official details
Source: KBO- Status
- Active since 12-01-1998Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.085.546.2238370 Blankenberge, since 20-02-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Annual accounts 2025
- ≈ €100,000estimated
- €810,448▼ 2.7%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on PI-construct
PI-construct files the micro format. That format states no turnover. The gross margin fell from €61,433 in 2006 to €12,140 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PI-construct
- What is the company number of PI-construct?
- The company number of PI-construct is 0462.406.324. The VAT number is the same number with BE in front: BE 0462.406.324.
- Where is PI-construct based?
- The registered office is at Willem van Saeftingestraat 9, 8370 Blankenberge.Company details
- What does PI-construct do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of PI-construct?
- PI-construct is a private limited company (pre-2019) (BVBA).
- When was PI-construct founded?
- PI-construct was founded on 12-01-1998.
- Is PI-construct still active?
- Yes, PI-construct is an active enterprise in the KBO register.
- What is the turnover of PI-construct?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €12,140 and 97 comparable companies (NACE 43211). It probably lies between €66,000 and €210,000. It is a rough estimate.Financials
- Is PI-construct profitable?
- In financial year 2025, PI-construct made a loss of €20,653.
- Where can I find the annual accounts of PI-construct?
- PI-construct filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PI-construct due?
- PI-construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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