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PK CONSTRUCT

Active
Private limited companyfounded 2023active for 3 yearsElf-Septemberlaan 54, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0804.666.171
Summary

PK CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,559 and a net result of €7,948. Its solvency ranks better than 38% of 17,012 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€61,264total assets 2025
Equity
€9,559
Profit
€7,948
Turnover not published (micro format)
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Largest shareholder
martijnknoops.be · 50%
Accounts 22 days early0 of 1 deed read
Why 68raises riskFounded in 2023Liquidity: current ratio 1.18, cash €1,283lowers riskSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 09-07-2026)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 50% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Weak
Solvency 41-59
equity 15.6% of total assets
Liquidity 6-94
short-term debt 84.4% · cash 2.1%
Profitability 70+70
return on assets 13.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,610 companies, NACE 68, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.8%▲ +0.1 percentage points vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.9%▲ +0.1 percentage points vs 01-2025 03-2025: 1.0%▲ +0.1 percentage points vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 0.9%▼ -0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.9 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.6 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.18, below the usual 1.5; short-term debt: 84.4% and cash: 2.1% of total assets), and 84.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 36% on solvency, 8% on liquidity, 59% on profitability and 98% on growth.

The bankruptcy probability was computed on 22-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.18, cash €1,283
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 09-07-2026)
NBB · annual accounts
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 09-07-2026, 22 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
22 days early
2024
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 23 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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.
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €7,948
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€9,559▲ 493%
2024 · €1,611
Total assets
€61,264▲ 3,703%
2024 · €1,611
Net result
€7,948
2024 · -€2,389
Working capital
€9,559
Trend over the years

2024 to 2025, 2 financial years

The operating result returns to profit in 2025: €9,841 after a loss of €2,332 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€9,841 2025 Net result€7,948 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€2,332-€9,841
Net result-€2,389within the sector's middle half-€7,948within the sector's middle half
Equity€1,611below the sector's middle half-€9,559within the sector's middle half▲ 493%
Total assets€1,611below the sector's middle half-€61,264below the sector's middle half▲ 3,703%
Debt€51,705
Working capital€9,559within the sector's middle half
Solvency15.6%within the sector's middle half
Current ratio1.18within the sector's middle half
Return on assets (ROA)13.0%above the sector's middle half
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Equity and liabilities €61,264
Equity €9,559
Debt €51,705
Debt finances 84.4% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Quick ratio
1.18
Debt to equity
5.41
ROE
83.1%
Debt ≤ 1 year
€51,705
Income taxes
€1,853

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€1,611€61,264▲
Current assets29/58€1,611€61,264▲
Stocks and contracts in progress3-€83
Stocks30/36-€83
Amounts receivable within one year40/41€409€59,897▲
Other amounts receivable41€409€59,897▲
Cash at bank and in hand54/58€1,202€1,283▲
Equity and liabilities
Total equity and liabilities10/49€1,611€61,264▲
Equity10/15€1,611€9,559▲
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€2,389€5,559▲
Amounts payable17/49-€51,705
Amounts payable within one year42/48-€51,705
Taxes, remuneration and social security45-€1,705
Taxes450/3-€1,705
Other amounts payable47/48-€50,000
Income statement Code20242025
Other operating charges640/8€62€62=
Gross operating margin9900-€2,270€9,903▲
Operating profit (loss)9901-€2,332€9,841▲
Financial charges65/66B€57€40▼
Recurring financial charges65€57€40▼
Profit (loss) for the period before taxes9903-€2,389€9,800▲
Income taxes67/77-€1,853
Profit (loss) for the period9904-€2,389€7,948▲
Profit (loss) for the period to be appropriated9905-€2,389€7,948▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,389€5,559▲
Profit (loss) brought forward from the previous period14P--€2,389

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€62€62=
Gross operating margin9900-€2,270€9,903-
Operating profit (loss)9901-€2,332€9,841-
Financial charges65/66B€57€40▼ 28.5%
Recurring financial charges65€57€40▼ 28.5%
Profit (loss) for the period before taxes9903-€2,389€9,800-
Income taxes67/77-€1,853-
Profit (loss) for the period9904-€2,389€7,948-
Profit (loss) for the period to be appropriated9905-€2,389€7,948-
Line20242025Change
Assets
Total assets20/58€1,611€61,264▲ 3,703%
Current assets29/58€1,611€61,264▲ 3,703%
Stocks and contracts in progress3-€83-
Stocks30/36-€83-
Amounts receivable within one year40/41€409€59,897▲ 14,531%
Other amounts receivable41€409€59,897▲ 14,531%
Cash at bank and in hand54/58€1,202€1,283▲ 6.8%
Equity and liabilities
Total equity and liabilities10/49€1,611€61,264▲ 3,703%
Equity10/15€1,611€9,559▲ 493%
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€2,389€5,559-
Amounts payable17/49-€51,705-
Amounts payable within one year42/48-€51,705-
Taxes, remuneration and social security45-€1,705-
Taxes450/3-€1,705-
Other amounts payable47/48-€50,000-
Line20242025Change
Profit (loss) for the period9904-€2,389€7,948-
Operating cash flow (approximation)-€2,389€7,948-
Change in cash-€82-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 09-07-2026 2026-00277521
31-12-2024 micro format 07-07-2025 2025-00235953

Similar companies · same sector, comparable size

Of the 9,535 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,345. 3,018 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

1 owner

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

PK CONSTRUCT was incorporated on 8 August 2023 as a private limited company.1 The company has filed 2 sets of annual accounts, the latest for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Back to profitnet €7,948
Net result €7,948 after one loss-making year.
07-07
NBB filing Annual accounts filed
financial year 2024 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded08-08-2023
Financial year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804666171
Also 9925:BE0804666171
Registered 21-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 22 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0804.666.171

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Oudsbergen · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
1,075 m²
Building footprint
119 m²
Parcel 71047A0711/00L002, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
PK CONSTRUCT
Elf-Septemberlaan 54, 3660 OudsbergenDevelopment of residential building projects
since 2023unit no. 2.348.423.943
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71047A0711/00L002 Flanders 1,075 m² 1 · 119 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.