Result
€102,452 €102,452
Back in profit in 2025, after a loss of €111,808 in 2024.
PITON CONSTRUCT
Lifetime
6 annual accounts with figures on one time axispeak €206,190 (2023)
€172,628▲ €243,352
lowest -€111,808 (2024)
€102,452▲ €214,261
peak €97,277 (2020)
€84,195▲ €102,452
€4.0m▲ 15.5%
Board4 names since 2019
2 directorsGUMIRO and 1 other
Owners2 names in the annual accounts
74%KINGS HOUSE and 1 other
Documentsfilings and deeds
06-07-202625 days before the deadline
2025financial year
Gross margin from -€70,724 to €172,628Back to profit: €102,452Equity from -€18,257 to €84,195Debts from €3.5m to €4.0mInvestments €15,632
Key points
from the 2025 annual accountsTurnover
≈ €610,000 estimated
The accounts state no turnover.
Debts
€4.0m 98% of the balance sheet
Financial debts 38%Suppliers 20%Taxes and wages 6%Other 36%
Of this, €2.5m falls due within a year.
Investments
€15,632 2.9 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 1 to 25 days before the end of the period.
Position in the sector
2.0%
Lower solvency than 89% of companies in construction of buildings. Sector median 32.9% · 1,037 companies.
Checked score
67
Healthy
Financially stronger than 41% of small companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 911 companies (NACE 41, small).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.1%▲ +0.1 percentage points vs 02-2025
04-2025: 1.2%▲ +0.1 percentage points vs 03-2025
05-2025: 1.3%▲ +0.1 percentage points vs 04-2025
06-2025: 1.2%▼ -0.1 percentage points vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025
08-2025: 0.8%▼ -0.6 percentage points vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.9%▲ +0.1 percentage points vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 1.0%▲ +0.1 percentage points vs 02-2026
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026
05-2026: 1.2%▲ +0.1 percentage points vs 04-2026
06-2026: 1.4%▲ +0.2 percentage points vs 05-2026
07-2026: 1.6%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 0.6%▼ -1.0 percentage point vs 07-2026lowest value
09-2026: 1.1%▲ +0.5 percentage points vs 08-2026
10-2026: 1.0%▼ -0.1 percentage points vs 09-2026
11-2026: 0.9%▼ -0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Liquidity: current ratio 1.68, cash €77,253
lowers risk
Size: total assets €4.1m
Figures for financial year 2025 (filed on 06-07-2026)
Calculation
The band follows from the bankruptcy probability. 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 41, small). It does better than 10% of them on solvency, 21% on liquidity, 34% on profitability and 99% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,603 companies had the same profile as PITON CONSTRUCT has now. Each dot stands for 5 companies, two years later.
95.9%
were still trading
1.8%
stopped another way
1.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PITON CONSTRUCT itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,603 companies, not a prediction for PITON 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
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.68 (1.21 in 2024), above the usual 1.5. Short-term debt is 59.5% and cash 1.9% of total assets. However, 98% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 1037 sector peers (2025).
NBB · sector comparisonPosition among 1037 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
25 days early
2024
3 days early
2023
1 day early
2022
3 days early
2021
2 days early
2020
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 7 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- KINGS HOUSE 74%equity €19,979 (2025) · 2025 annual accounts of KINGS HOUSE
- PATRINOX 26%score 56equity €1.3m (2024) · 2024 annual accounts of PATRINOX
Recent changes
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies and 1 more · Wichelen
Registered office moved within Destelbergen
New registered office: Dendermondesteenweg 531, 9070 Destelbergen · Previous registered office: Vossenberglaan 9 A, 9070 Destelbergen · Board meeting of 13-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0721589433
Environmental permit granted
Bouwen of herbouwen · Dilbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PITON CONSTRUCT Destelbergen | €4.1m | €172,628 | 2.0% | - |
| AF IMMO Herstal | €3.4m | €185,745 | 0.1% | - |
| VERGO Kruisem | €3.9m | €161,511 | 8.8% | 0 |
| V & V REAL ESTATE Heist-op-den-Berg | €3.2m | €160,659 | 5.0% | 0 |
| BR&C Construct Oostkamp | €4.0m | €216,339 | 0.8% | - |
| Domus-V Construct Vosselaar | €6.9m | €170,679 | -0.3% | 1 |
| Blank Canvas Oudenaarde | €3.7m | €117,949 | 40.9% | - |
These companies have the same main activity as PITON CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €3.2m and €6.9m, founded between 2015 and 2020.
Official details
Source: KBO- Status
- Active since 26-02-2019Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.285.947.6299070 Destelbergen, since 26-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Annual accounts 2025
- €4.1m▲ 18.5%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on PITON CONSTRUCT
PITON CONSTRUCT has existed since 2019. The gross margin grew from €72,727 in 2020 to €172,628 in 2025.
KINGS HOUSE holds 74% of the shares.
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 PITON CONSTRUCT
- What is the company number of PITON CONSTRUCT?
- The company number of PITON CONSTRUCT is 0721.589.433. The VAT number is the same number with BE in front: BE 0721.589.433.
- Where is PITON CONSTRUCT based?
- The registered office is at Dendermondesteenweg 531, 9070 Destelbergen.Company details
- What does PITON CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of PITON CONSTRUCT?
- PITON CONSTRUCT is a public limited company (NV).
- When was PITON CONSTRUCT founded?
- PITON CONSTRUCT was founded on 26-02-2019.
- Is PITON CONSTRUCT still active?
- Yes, PITON CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of PITON CONSTRUCT?
- The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €172,628 and 126 comparable companies (NACE 41001). It probably lies between €410,000 and €950,000.Financials
- Is PITON CONSTRUCT profitable?
- In financial year 2025, PITON CONSTRUCT made a profit of €102,452.
- Where can I find the annual accounts of PITON CONSTRUCT?
- PITON CONSTRUCT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PITON CONSTRUCT due?
- PITON CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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