PL CONSTRUCT
Annual accounts 2025
abbreviated format, filed on 21-08-2026, 21 days late€1.1m
▲ 4.4%
€1.0m
▲ 0.5%
€1.1m
▲ 0.4%
€790,677
▲ 23.5%
31.9%
▼ 6.8 percentage points
1.46
▼ 0.16
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.9m. Estimated: probably between €1.3m and €3.2m.
Money flows
no detail for 2025Balance sheet
balance sheet total €15.1m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
31.9%
Higher than 39% of 56 companies in 2025.
1.46
Higher than 48% of 53 companies in 2025.
5.0%
Higher than 75% of 53 companies in 2025.
PL CONSTRUCT
Middle half of the sector
80% of the sector
Abbreviated accounts in fishing and aquaculture (NACE 03)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
15.1m | 10.5m | 7.2m | 7.4m | 5.8m | 4.0m | 3.3m | 3.3m | 4.2m | 2.4m | 1.5m | 1.1m | 602,545 | 518,239 | 290,575 | 342,039 | 229,995 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 124 | 251 | 378 | 505 | |
21/28 |
97,154 | 131,379 | 174,819 | 88,344 | 137,156 | 176,329 | 176,241 | 127,048 | 44,846 | 59,077 | 16,773 | 25,099 | 34,646 | 857 | 18,125 | 26,727 | 30,998 | |
21 |
3,750 | 5,625 | 7,500 | 9,375 | 11,250 | 13,125 | 15,750 | 18,375 | 2,250 | 3,000 | - | - | - | - | - | - | - | |
22/27 |
90,904 | 125,754 | 167,319 | 78,369 | 125,906 | 163,204 | 160,491 | 108,673 | 42,263 | 56,077 | 16,773 | 25,099 | 33,426 | 733 | 17,874 | 26,348 | 30,493 | |
23 |
956 | 2,415 | 3,967 | 5,520 | 4,010 | 5,569 | 1,888 | 1,821 | 2,143 | 2,631 | - | - | - | - | 242 | 556 | 927 | |
24 |
73,981 | 94,077 | 120,106 | 15,620 | 28,643 | 42,850 | 57,085 | - | 120 | 8,446 | 16,773 | 25,099 | 33,426 | 733 | 17,632 | 25,792 | 29,566 | |
26 |
15,967 | 29,262 | 43,245 | 57,229 | 93,252 | 114,786 | 101,518 | 106,852 | 40,000 | 45,000 | - | - | - | - | - | - | - | |
28 |
2,500 | - | 0 | 600 | - | - | - | - | 333 | - | - | - | 1,220 | - | - | - | - | |
29/58 |
15.0m | 10.4m | 7.0m | 7.3m | 5.7m | 3.9m | 3.1m | 3.2m | 4.2m | 2.4m | 1.4m | 1.1m | 567,900 | 517,382 | 272,450 | 315,312 | 198,997 | |
3 |
6.2m | 4.1m | 4.1m | 5.1m | 3.2m | 2.7m | 2.3m | 3.0m | 3.4m | 1.7m | 970,646 | 699,058 | 361,326 | 237,344 | 207,967 | 123,083 | 146,146 | |
30/36 |
6.2m | 4.1m | 4.1m | 5.1m | 3.2m | 2.7m | 2.3m | 3.0m | 3.4m | 1.7m | 970,646 | 699,058 | 361,326 | 237,344 | 207,967 | 123,083 | 146,146 | |
40/41 |
8.5m | 5.7m | 956,299 | 1.8m | 1.4m | 654,518 | 323,845 | 35,128 | 25,120 | 7,662 | 315,078 | 14,046 | 177,262 | 186,570 | 18,307 | 76,582 | 5,819 | |
40 |
271,565 | 29,283 | 36,023 | 107,186 | 69,334 | 73,250 | 54,447 | 27,104 | 19,895 | 2,287 | 122,489 | 11,392 | 20,442 | 15,274 | 12,604 | 75,817 | 1,519 | |
41 |
8.2m | 5.7m | 920,276 | 1.6m | 1.3m | 581,268 | 269,398 | 8,025 | 5,225 | 5,375 | 192,589 | 2,654 | 156,820 | 171,296 | 5,702 | 765 | 4,300 | |
50/53 |
157,331 | 141,943 | 696,765 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
76,091 | 426,328 | 1.2m | 423,076 | 1.1m | 486,260 | 522,581 | 176,255 | 633,049 | 630,642 | 150,596 | 355,767 | 23,340 | 91,632 | 45,344 | 114,520 | 45,769 | |
490/1 |
22,677 | 17,014 | 20,135 | 16,870 | 14,623 | 13,570 | 22,027 | 17,217 | 86,204 | 67,661 | 5,224 | 2,470 | 5,972 | 1,836 | 833 | 1,127 | 1,263 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
15.1m | 10.5m | 7.2m | 7.4m | 5.8m | 4.0m | 3.3m | 3.3m | 4.2m | 2.4m | 1.5m | 1.1m | 602,545 | 518,239 | 290,575 | 342,039 | 229,995 | |
10/15 |
4.8m | 4.1m | 3.5m | 2.9m | 2.4m | 1.8m | 1.4m | 814,399 | 234,449 | 209,350 | 171,302 | 142,623 | 79,736 | 74,099 | 30,447 | 30,307 | 21,401 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
4.8m | 4.0m | 3.4m | 2.9m | 2.4m | 1.8m | 1.4m | 794,399 | 214,449 | 189,350 | 151,302 | 122,623 | 59,736 | 54,099 | 10,447 | 10,307 | 1,401 | |
130/1 |
- | - | 0 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,401 | |
1311 |
- | - | 0 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
559,930 | 244,180 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
4.2m | 3.8m | 3.4m | 2.9m | 2.4m | 1.8m | 1.4m | 792,399 | 212,449 | 187,350 | 149,302 | 120,623 | 57,736 | 52,099 | 8,447 | 8,307 | - | |
17/49 |
10.3m | 6.4m | 3.7m | 4.5m | 3.4m | 2.2m | 1.9m | 2.5m | 4.0m | 2.2m | 1.3m | 953,817 | 522,809 | 444,140 | 260,129 | 311,732 | 208,594 | |
42/48 |
10.2m | 6.4m | 3.7m | 4.5m | 3.4m | 2.2m | 1.9m | 2.3m | 2.8m | 1.9m | 1.3m | 934,067 | 514,910 | 434,856 | 259,285 | 306,225 | 202,976 | |
43 |
3.0m | 853,671 | 126,480 | 1.5m | 2.6m | 1.7m | 1.3m | 1.2m | 1.5m | 816,667 | 482,952 | 375,059 | 337,875 | 248,500 | 70,915 | 86,847 | 135,000 | |
430/8 |
3.0m | 853,671 | 126,480 | 1.5m | 2.6m | 1.7m | 1.3m | 1.2m | 1.5m | 816,667 | 482,952 | 375,059 | 337,875 | 248,500 | 70,915 | 86,847 | 135,000 | |
44 |
40,136 | 106,004 | 846,330 | 702,903 | 542,869 | 304,813 | 177,799 | 308,662 | 277,977 | 145,654 | 105,320 | 82,389 | 44,246 | 84,257 | 20,410 | 78,139 | 15,358 | |
440/4 |
40,136 | 106,004 | 846,330 | 702,903 | 542,869 | 304,813 | 177,799 | 308,662 | 277,977 | 145,654 | 105,320 | 82,389 | 44,246 | 84,257 | 20,410 | 78,139 | 15,358 | |
46 |
7.0m | 5.1m | 2.4m | 2.1m | - | 4,840 | - | 8,508 | 23,347 | 34,910 | 10,333 | 61,318 | 38,250 | 20,000 | 26,250 | 600 | - | |
45 |
56,985 | 137,167 | 191,488 | 211,315 | 253,456 | 218,169 | 12,498 | 107,908 | 39,245 | 59,787 | 64,914 | 23,115 | 22,077 | 69,966 | 2,376 | 67,868 | 6,855 | |
450/3 |
56,985 | 137,167 | 191,488 | 211,315 | 253,456 | 218,169 | 12,498 | 107,908 | 39,245 | 59,787 | 64,914 | 23,115 | 22,077 | 69,966 | 2,376 | 67,868 | 6,855 | |
47/48 |
184,047 | 244,931 | 144,796 | 6,890 | 1,645 | 302 | 360,683 | 659,223 | 959,020 | 819,472 | 618,285 | 392,186 | 72,462 | 12,133 | 139,335 | 72,771 | 45,763 | |
492/3 |
15,536 | 24,050 | 449 | 5,713 | 5,429 | 5,829 | 39,843 | 204,516 | 1.2m | 358,219 | 5,211 | 19,750 | 7,899 | 9,284 | 843 | 5,507 | 5,618 | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 258,588 | 383,974 | 56,150 | |
76A |
0 | 15,560 | 29,275 | 22,090 | 3,094 | 5,000 | - | - | 454 | - | 646 | - | 4,692 | 911 | 1,763 | 6,856 | - | |
9900 |
1.1m | 1.1m | 519,189 | 722,801 | 842,223 | 590,025 | 900,825 | 893,535 | 122,072 | 112,419 | 72,912 | 129,785 | 13,636 | 75,952 | 12,964 | 31,884 | 19,847 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 250,447 | 354,504 | 38,122 | |
62 |
- | - | - | - | 0 | 276 | 260 | - | - | - | - | - | - | - | - | - | - | |
630 |
42,165 | 43,439 | 39,863 | 34,115 | 39,174 | 34,623 | 37,003 | 17,289 | 15,317 | 15,831 | 8,327 | 8,326 | 8,451 | 492 | 8,602 | 8,658 | 8,237 | |
640/8 |
49,048 | 4,765 | 19,196 | 18,440 | 25,994 | 2,467 | 18,231 | 12,605 | 2,481 | 1,750 | 1,024 | 2,281 | 1,324 | 718 | 741 | 3,329 | 649 | |
66A |
0 | 414 | 89 | 18,347 | - | - | - | 14,746 | - | 500 | 2,065 | - | - | 9,523 | - | - | - | |
9901 |
1.0m | 1.0m | 460,039 | 651,899 | 777,056 | 552,658 | 845,331 | 848,895 | 104,273 | 94,838 | 63,561 | 119,178 | 3,862 | 74,742 | 3,621 | 19,896 | 10,961 | |
75/76B |
88,247 | 96,370 | 470,887 | 118,317 | 89,842 | 59,789 | 42,531 | 48,912 | 43,123 | 24,519 | 16,864 | 14,445 | 12,968 | 14,313 | 6,674 | 3,441 | 2,120 | |
75 |
88,247 | 96,370 | 470,887 | 118,317 | 89,842 | 59,789 | 42,531 | 48,912 | 43,123 | 24,519 | 16,864 | 14,445 | 12,968 | 14,313 | 6,674 | 3,441 | 2,120 | |
65/66B |
136,721 | 303,252 | 205,546 | 86,427 | 55,466 | 45,436 | 49,787 | 85,228 | 107,099 | 60,603 | 39,019 | 37,973 | 12,822 | 14,406 | 9,537 | 14,194 | 9,012 | |
65 |
136,721 | 303,252 | 205,546 | 86,427 | 55,466 | 45,436 | 49,787 | 85,228 | 107,099 | 60,103 | 39,019 | 37,973 | 12,822 | 14,406 | 9,537 | 14,194 | 9,012 | |
66B |
- | - | - | - | - | - | - | - | - | 500 | - | - | - | - | - | - | - | |
9903 |
992,320 | 828,648 | 725,381 | 683,789 | 811,432 | 567,010 | 838,074 | 812,578 | 40,297 | 58,755 | 39,987 | 95,650 | 8,700 | 66,037 | 2,521 | 15,999 | 4,069 | |
67/77 |
243,809 | 231,982 | 185,678 | 177,325 | 208,689 | 152,031 | 257,051 | 232,628 | 15,199 | 20,707 | 11,308 | 32,763 | 3,062 | 22,385 | 2,381 | 7,094 | 2,668 | |
9904 |
748,511 | 596,666 | 539,703 | 506,463 | 602,743 | 414,980 | 581,024 | 579,950 | 25,099 | 38,048 | 28,679 | 62,887 | 5,638 | 43,652 | 140 | 8,905 | 1,401 | |
689 |
315,750 | 244,180 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
432,761 | 352,486 | 539,703 | 506,463 | 602,743 | 414,980 | 581,024 | 579,950 | 25,099 | 38,048 | 28,679 | 62,887 | 5,638 | 43,652 | 140 | 8,905 | 1,401 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
432,761 | 352,486 | 539,703 | 506,463 | 602,743 | 414,980 | 581,024 | 579,950 | 25,099 | 38,048 | 28,679 | 62,887 | 5,638 | 43,652 | 140 | 8,905 | 1,401 | |
691/2 |
432,761 | 352,486 | 539,703 | 506,463 | 602,743 | 414,980 | 581,024 | 579,950 | 25,099 | 38,048 | 28,679 | 62,887 | 5,638 | 43,652 | 140 | 8,905 | 1,401 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 599 | 1,401 | |
6921 |
432,761 | 352,486 | 539,703 | 506,463 | 602,743 | 414,980 | 581,024 | 579,950 | 25,099 | 38,048 | 28,679 | 62,887 | 5,638 | 43,652 | 140 | 8,307 | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 21-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 21 days after the deadline. Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00425347.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 21-08-2026 | 2026-00425347 | |
| 31-12-2024 | abbreviated format | 27-03-2025 | 2025-00055664 | |
| 31-12-2023 | abbreviated format | 13-05-2024 | 2024-00086037 | |
| 31-12-2022 | abbreviated format | 17-06-2023 | 2023-00133507 | |
| 31-12-2021 | abbreviated format | 28-06-2022 | 2022-20098123 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-57600094 | |
| 31-12-2019 | abbreviated format | 10-06-2020 | 2020-15800539 | |
| 31-12-2018 | abbreviated format | 26-08-2019 | 2019-51300285 | |
| 31-12-2017 | abbreviated format | 24-08-2018 | 2018-49400014 | |
| 31-12-2016 | abbreviated format | 25-07-2017 | 2017-35500077 | |
| 31-12-2015 | abbreviated format | 29-06-2016 | 2016-24800262 | |
| 31-12-2014 | abbreviated format | 21-08-2015 | 2015-44700110 | |
| 31-12-2013 | abbreviated format | 13-08-2014 | 2014-42100144 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-51400309 | |
| 31-12-2011 | abbreviated format | 31-08-2012 | 2012-52800148 | |
| 31-12-2010 | abbreviated format | 30-08-2011 | 2011-49000500 | |
| 31-12-2009 | abbreviated format | 23-08-2010 | 2010-43000174 |
Subsidies and aid
Flemish government 2024, 1 entry, €213 awarded, €213 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.1m | 1.1m | 499,903 | 686,014 | 816,230 | 587,281 | 882,334 | 866,184 | 119,591 | 110,669 | 71,888 | 127,504 | 12,312 | 75,234 | 12,223 | 28,555 | 19,198 | ||
| 790,677 | 640,105 | 579,566 | 540,578 | 641,917 | 449,603 | 618,027 | 597,239 | 40,416 | 53,879 | 37,006 | 71,213 | 14,088 | 44,144 | 8,742 | 17,564 | 9,638 | ||
| 7,940 | 0 | 126,938 | 5,302 | 0 | 34,712 | 86,196 | 114,157 | 1,086 | 58,135 | 1 | -1,221 | 42,240 | -16,776 | 0 | 4,387 | 38,599 | ||
| -350,237 | -768,301 | 771,553 | -656,897 | 593,713 | -36,321 | 346,326 | -456,794 | 2,407 | 480,046 | -205,171 | 332,427 | -68,292 | 46,288 | -69,176 | 68,750 | - | ||
| 4.7m | 3.9m | 3.3m | 2.8m | 2.3m | 1.6m | 1.3m | 891,867 | 1.4m | 508,492 | 159,740 | 137,274 | 52,990 | 82,526 | 13,165 | 9,087 | -3,979 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.4% | 5.2% | 19.5% | ||
| 31.9% | 38.7% | 48.2% | 39.3% | 41.6% | 44.9% | 42.1% | 24.4% | 5.5% | 8.6% | 11.7% | 13.0% | 13.2% | 14.3% | 10.5% | 8.9% | 9.3% | ||
| 1.46 | 1.62 | 1.88 | 1.63 | 1.68 | 1.74 | 1.67 | 1.38 | 1.48 | 1.27 | 1.12 | 1.15 | 1.10 | 1.19 | 1.05 | 1.03 | 0.98 | ||
| 0.85 | 0.98 | 0.77 | 0.49 | 0.74 | 0.52 | 0.46 | 0.10 | 0.26 | 0.38 | 0.37 | 0.40 | 0.40 | 0.64 | 0.25 | 0.63 | 0.26 | ||
| 2.14 | 1.58 | 1.08 | 1.55 | 1.40 | 1.23 | 1.38 | 3.10 | 17.08 | 10.67 | 7.51 | 6.69 | 6.56 | 5.99 | 8.54 | 10.29 | 9.75 | ||
| 15.6% | 14.7% | 15.6% | 17.3% | 25.0% | 22.9% | 41.6% | 71.2% | 10.7% | 18.2% | 16.7% | 44.1% | 7.1% | 58.9% | 0.5% | 29.4% | 6.5% | ||
| 5.0% | 5.7% | 7.5% | 6.8% | 10.4% | 10.3% | 17.5% | 17.4% | 0.6% | 1.6% | 2.0% | 5.7% | 0.9% | 8.4% | 0.0% | 2.6% | 0.6% | ||
| 7.92 | 3.56 | 2.43 | 7.94 | 14.72 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18 days | 72 days | 10 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30 days | 80 days | 147 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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,440 | - | €126,938 | €4,702 | - |
| Financial fixed assets | €2,500 | - | - | €600 | - |
| €42,165 | €43,439 | €39,863 | €34,115 | €39,174 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on PL CONSTRUCT
The operating result for 2025 is 1% higher than in 2024 and the highest since 2009. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 61.3% to 68.1%. Equity and debt are higher.