Equity
€4.8m ▲ 18.5%
PL CONSTRUCT has made a profit in every financial year since 2009.
PL CONSTRUCT
Overview
Lifetime
17 annual accounts with figures on one time axispeak €1.1m (2025)
€1.1m▲ 4.4%
peak €748,511 (2025)
€748,511▲ 25.4%
peak €4.8m (2025)
€4.8m▲ 18.5%
€10.3m▲ 59.7%
peak 0 FTE (2023)
0 FTE
Board1 name since 2021
1 directorLowagie Peter
Documentsfilings and deeds
21-08-202621 days late
2025abbreviated format
Result from €596,666 to €748,511Equity from €4.1m to €4.8mDebts from €6.4m to €10.3mCash from €426,328 to €76,091
Key points
from the 2025 annual accountsResult
€748,511 ▲ 25.4%
The result rose in 2025 from €596,666 to €748,511.
Turnover
≈ €1.9m estimated
The abbreviated format states no turnover.
Debts
€10.3m ▲ 59.7%
Debts rose by €3.8m in 2025.
Filings
17 annual accounts since 2009
Four of the last ten came late. The 2020 accounts came latest: 30 days after the end of the period.
Position in the sector
€748,511
Higher net result than 95% of companies in fishing and aquaculture. Sector median €841 · 57 companies.
Checked score
91
Excellent
Financially stronger than 54% of all companies
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2 companies (NACE 03, medium-sized).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
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: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.2 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.46, cash €76,091, halved
Sector: Fishing and aquaculture (NACE 03)
lowers risk
Size: total assets €15.1m
Founded in 2008
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 (all companies). It does better than 46% of them on solvency, 11% on liquidity, 75% on profitability and 81% 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 very low class on 30-06-2025, 0.1% 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, 544 companies had the same profile as PL CONSTRUCT has now. Each dot stands for 2 companies, two years later.
93.6%
were still trading
5.9%
stopped another way
0.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PL CONSTRUCT itself: 0.1% 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 544 companies, not a prediction for PL 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 €430,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.46 (1.62 in 2024), below the usual 1.5. Short-term debt is 68% and cash 0.5% of total assets. 68.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
21 days late
2024
126 days early
2023
79 days early
2022
44 days early
2021
33 days early
2020
30 days late
2019
51 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 03), the median for financial year 2024 was 10 days after the deadline, and 55% 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 17 June (4 of the last 5 accounts filed within 65 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
Recent changes
Environmental permit granted
Ontbossen · De Panne
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0808753930
Environmental permit refused
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Provincie West-Vlaanderen
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · De Panne
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PL CONSTRUCT De Panne | €15.1m | €1.1m | 31.9% | 0 |
| REDERIJ DE VIERTORRE Ostend | €4.4m | €1.5m | 58.6% | - |
| DEO VOLENTE Ostend | €2.3m | €0.2m | 65.2% | - |
| WHITE HORSE Bruges | €2.1m | €0.3m | 48.9% | - |
| ZEEVONK Bredene | €1.7m | €0.4m | 33.0% | - |
| THOR Nieuwpoort | €2.4m | €0.5m | 83.4% | 4 |
| IRINA'S Knokke-Heist | €8.8m | €1.6m | 27.2% | 8.2 |
These companies have the same main activity as PL CONSTRUCT: fishing and aquaculture (NACE 03110). They are comparable in size and age: total assets between €1.7m and €8.8m, founded between 1985 and 2018.
Official details
Source: KBO- Status
- Active since 29-12-2008Normal situation
- Activity
- Fishing and aquacultureNACE 03110and 3 others
- Establishment unit
- 2.176.330.1078660 De Panne, since 09-02-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- €1.1m▲ 4.4%
- €748,511▲ 25.4%
- €4.8m▲ 18.5%
- €15.1m▲ 43.7%
- Filing
- Filed on 21-08-2026
Insights on PL CONSTRUCT
PL CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €19,847 in 2009 to €1.1m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
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.
Board & ownership
Board
1 director, last change in 2024Director (not named in the articles)
in office according to the deed of 15-01-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 21-08-2026
Mandates through the years
1 name, the dashed line is todayLowagie Peter
Director (not named in the articles)
Director (not named in the articles)
Boardmandate already running before its first mention
Mandates as a list
- Lowagie Peter
- Director (not named in the articles), since before 31-12-2021
Control
Capital
- Contribution
- €20,000
- Source
- 2025 annual accounts
Articles of association
deed of 15-01-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITEL V: ALGEMENE VERGADERING ARTIKEL ACHTTIEN: ORGANISATIE EN BIJEENROEPING De jaarlijkse algemene vergadering van de vennootschap wordt…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Te omlijnen door algemene vergadering, te bepalen door algemene vergadering”
Network & group
No group
PL CONSTRUCT has no parent and no holdings in its annual accounts. Lowagie Peter is the only director. PL CONSTRUCT shares no director with another company.
At the same address
Egelantierlaan 22, 8660 De Panne · 2 other companies| KUBO
registered office since 24-07-2004 · founded in 2004 |
total assets €21.2m (2025) 0866.211.384 |
| Villa Mytilus
registered office since 22-05-2026 |
founded in 2026 1039.181.982 |
Timeline
Timeline
34 events since 2008Board
Filings
Financial
Permits
Establishments
2008201020122014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 21 days late
Environmental permit granted OmgevingsloketOntbossen · De Panne
2025
Highest result from 2009 to 2025 net €748,511 ▲25.4% The operating result of €1.0m and the net result of €748,511 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0808753930
Environmental permit refused OmgevingsloketBouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Provincie West-Vlaanderen
Annual accounts 2024 filed PDFabbreviated format · 126 days before the deadline
Environmental permit granted OmgevingsloketBouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · De Panne
2024
Environmental permit granted OmgevingsloketBouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · De Panne
Annual accounts 2023 filed PDFabbreviated format · 79 days before the deadline
1 director resigning, 1 reappointmentResignation: Lowagie Peter (director) · Reappointment: Lowagie Peter (director) · Permanent representative: Wim Vermote · General meeting of 28-12-202314 points ▸
- General meeting, 28-12-2023
- Purpose change, “Projectontwikkeling in de ruimste zin in de immobiliaire sector voor eigen rekening of voor derden; Consultancy op het gebied van bouwkunde, mechanische…” (deed in Dutch)
- Amendment of the articles, article 8
- Amendment of the articles, article 15
- Amendment of the articles, article 19
- Amendment of the articles, article 20
- Director resignation, Lowagie Peter (director (not named in the articles))
- Director discharge, Lowagie Peter
- Director reappointment, Lowagie Peter (director (not named in the articles))
- Power of attorney, Serge Van Damme
- Registered office clause, Egelantierlaan 22, 8660 De Panne
- Permanent representative, Wim Vermote
- Power of attorney, AccoVer-O
- Legal-form conversion, from private limited company (pre-2019) to private limited company
- The deed holds 7 more points.
2023
Environmental permit granted OmgevingsloketVerbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · De Panne
Annual accounts 2022 filed PDFabbreviated format · 44 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 33 days before the deadline
2021
Equity above €2m equity €2.4m ▲33.3% With a profit in every financial year since 2009, equity grows to €2.4m.
Annual accounts 2020 filed PDFabbreviated format · 30 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 51 days before the deadline
2019
Equity above €1m equity €1.4m ▲71.3% With a profit in every financial year since 2009, equity grows to €1.4m.
Annual accounts 2018 filed PDFabbreviated format · 26 days late
2018
Equity above €500,000 equity €814,399 ▲247% With a profit in every financial year since 2009, equity grows to €814,399.
Annual accounts 2017 filed PDFabbreviated format · 24 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 6 days before the deadline
2016
Equity above €200,000 equity €209,350 ▲22.2% With a profit in every financial year since 2009, equity grows to €209,350.
Annual accounts 2015 filed PDFabbreviated format · 32 days before the deadline
2015
Equity above €150,000 equity €171,302 ▲20.1% With a profit in every financial year since 2009, equity grows to €171,302.
Annual accounts 2014 filed PDFabbreviated format · 21 days late
2014
Equity above €100,000 equity €142,623 ▲78.9% With a profit in every financial year since 2009, equity grows to €142,623.
Annual accounts 2013 filed PDFabbreviated format · 13 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 29 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 31 days late
2011
Weakest financial year net €140 ▼98.4% The net result drops to €140, the lowest from 2009 to 2025. It recovers the following year.
Annual accounts 2010 filed PDFabbreviated format · 30 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 23 days late
2009
First establishment Egelantierlaan 22, De Panne
2008
Incorporation PDFpublished on 09-01-2009
Financial milestones sit on the financial year-end date, not the filing date.
All 29 environmental permit applications
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0808.753.930
- VAT number
- BE 0808.753.930
- Peppol ID
- 0208:0808753930
- LEI code
- 6994005PU6OAU7JZ2081 no longer live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 29-12-2008
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITEL V: ALGEMENE VERGADERING ARTIKEL ACHTTIEN: ORGANISATIE EN BIJEENROEPING De jaarlijkse algemene vergadering van de vennootschap wordt…”deed of 15-01-2024 (in Dutch)
- Peppol
- Reachable since 22-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PL CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 15-01-2024 (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 15-01-2024 (in Dutch)
Activities
NACEBEL 202503110
Fishing and aquaculture main activity
Codes under NACEBEL 2008
03110
Fishing and aquaculture main activity
41101
Real estate development
68100
Real estate activities
68312
Real estate activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Projectontwikkeling in de ruimste zin in de immobiliaire sector voor eigen rekening of voor derden; Consultancy op het gebied van bouwkunde…”deed of 15-01-2024 (in Dutch)
18 activities
- Projectontwikkeling in de ruimste zin in de immobiliaire sector voor eigen rekening of voor derden
- Consultancy op het gebied van bouwkunde, mechanische constructies en machines
- Alle handelsdaden welke verband houden met het voorgaande
- Makelaar in onroerende goederen en het uitvoeren of laten uitvoeren van alle daden welke daarmee betrekking hebben in de ruimste zin
- Het verwerven en het beheren van alle patrimonia dienstig voor het algemeen voorwerp van de vennootschap, door het stellen van beheersdaden, ondermeer aankoop, verkoop, verhuren, in huur nemen, ruilen, bouwwerken laten uitvoeren en dit alles in de ruimste zin
- Het beleggen van financiële middelen, trading.
- De vennootschap kan optreden als bestuurder van andere vennootschappen en hiervoor een vergoeding ontvangen
- Het verwerven en beheren van een kunstpatrimonium en dit in de ruimste zin
- Het uitbaten van winkels en handelsruimtes
- Het verlenen van advies betreffende het bestuur van diverse ondernemingen en dit in de meest brede zin van het woord
- Handel in schaaldieren.
- Het stellen van alle daden welke tot voorwerp hebben de maatschappelijke bedrijvigheid in de hand te werken of te bevorderen.
- Visserij op volle zee en in kustwateren alsook binnenvisserij in de ruimste zin
- Handel in vis in de ruimste zin.
- Het uitbaten van eender welke vaartuigen in de ruimste zin, met of zonder bemanning, zowel op zee als op de binnenwateren, zowel in België als daarbuiten, zowel voor de pleziervaart als voor de beroepsvaart en de bevordering van de watersport in het algemeen.
- De bouw, huur, verhuur, aankoop, verkoop, herstelling, onderhoud van eender welke vaartuigen en hun toebehoren, uitrusting, voortstuwingsinstallaties, inrichtingen en navigatie-apparatuur.
- De organisatie van eender welke maritieme elementen en activiteiten, zowel op het vasteland of aan boord van vaartuigen, in de ruimste zin, zowel in België als in het buitenland.
- Het effectief oprichten en uitbaten van restaurants, mobiele eetgelegenheden en catering in de ruimste zijn zowel op het vasteland als aan boord van vaartuigen, zowel in België als in het buitenland.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Egelantierlaan 22 registered office 8660 De Panne | 09-02-2009 | 2.176.330.107 |
Buildings and parcels at the address
- Ground area
- 1,227 m²
- Buildings
- 182 m²
- Volume, LiDAR
- 1,160 m³
- Tallest building
- 10.2 m
Buildings to scale, each on its own parcel
Environmental permits
29 applications in Flanders since 2018 · 18 granted · 1 refused · 1 under review · 2 under appeal| 17-07-2026 | Under review | Bouwen of herbouwen; Het reliëf van de bodem aanmerkelijk wijzigen; Verwijderen van vrijstaande gebouwen project 2026085505 | De Panne |
| 02-03-2026 | Granted | Ontbossen submitted 15-01-2026 · project 2026004010 | De Panne |
| 12-01-2026 | Discontinued | Ontbossen submitted 22-12-2025 · project 2025147174 | De Panne |
| 27-11-2025 | Refused | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 24-02-2025 · project 2024156546 | Provincie West-Vlaanderen |
| 22-09-2025 | Discontinued | Bouwen of herbouwen; Verwijderen van vrijstaande gebouwen submitted 18-07-2025 · project 2025020775 | De Panne |
| 12-05-2025 | Under appeal | Bouwen of herbouwen; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen; Verwijderen van vrijstaande gebouwen project 2025004113 | Provincie West-Vlaanderen |
| 10-02-2025 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen van niet vrijstaande gebouwen of constructies submitted 19-11-2024 · project 2024136367 | De Panne |
| 05-08-2024 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen van niet vrijstaande gebouwen of constructies submitted 16-05-2024 · project 2024027756 | De Panne |
| 16-02-2024 | Under appeal | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies project 2024002946 | Provincie West-Vlaanderen |
| 13-11-2023 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 25-08-2023 · project 2023112232 | De Panne |
The 10 most recent of 29 applications.
Source: Omgevingsloket Vlaanderen.
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 38352D0468/00F000 | 1,227 m² | 1 · 182 m² | 10.2 m · 2 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
Invoicing and payment
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. Use the enterprise number 0808.753.930