PM CONSTRUCT
ActiveSummary
PM CONSTRUCT has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210,269 and a net result of €19,034. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 83% of 5,689 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-11-2014 Normal situation
- Activity
- Combined facilities support activities NACE 81100and 1 other
- Establishment unit
- 2.237.106.446 1325 Chaumont-Gistoux, since 21-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 26-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €23,547
- ▼ 39.9%
- Turnover
- ≈ €180,000
- estimated
- Profit
- €19,034
- ▼ 13.5%
- Equity
- €210,269
- ▲ 10.0%
- Total assets
- €288,606
- ▲ 10.6%
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskSector: Services to buildings and landscape activities (NACE 81)lowers riskLiquidity: current ratio 3.68, cash €198,555Equity €210,269 (72.9% of total assets)Founded in 2014Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 81, micro). It does better than 82% of them on solvency, 90% on liquidity, 52% on profitability and 52% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00484315.
Annual accounts 2025 filed on 27-08-2026 at the NBB all 11 filings
Every figure per financial year
The operating result for 2025 is 40% lower than in 2024 and the lowest since 2021.
The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,250 | €1,404 | - | - | - |
| Depreciation and write-downs of the year | €1,218 | €1,363 | €1,698 | €992 | €335 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,544 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,831 | €4,430 | €640 | €1,218 | €1,363 | €1,698 | €992 | €335 | ▼ 66.3% |
| Other operating charges640/8 | - | - | - | €693 | €725 | €480 | €465 | €610 | ▲ 31.3% |
| Gross operating margin9900 | €24,592 | €8,068 | €16,190 | €40,506 | €38,003 | €34,697 | €39,197 | €23,547 | ▼ 39.9% |
| Operating profit (loss)9901 | €19,413 | €2,854 | €14,837 | €38,595 | €35,915 | €32,519 | €37,740 | €22,602 | ▼ 40.1% |
| Financial income75/76B | - | - | - | - | - | - | €1,118 | €1,484 | ▲ 32.7% |
| Recurring financial income75 | €49 | - | - | - | - | - | €1,118 | €1,484 | ▲ 32.7% |
| Financial charges65/66B | - | - | - | €83 | €102 | -€112 | €406 | €570 | ▲ 40.2% |
| Recurring financial charges65 | €94 | €103 | €70 | €83 | €102 | -€112 | €406 | €570 | ▲ 40.2% |
| Profit (loss) for the period before taxes9903 | €19,368 | €3,012 | €17,446 | €38,512 | €35,812 | €32,631 | €38,452 | €23,516 | ▼ 38.8% |
| Income taxes67/77 | €5,154 | €1,532 | €3,738 | €1,583 | €5,022 | €5,151 | €16,449 | €4,482 | ▼ 72.8% |
| Profit (loss) for the period9904 | €14,214 | €1,480 | €13,708 | €36,929 | €30,791 | €27,480 | €22,004 | €19,034 | ▼ 13.5% |
| Profit (loss) for the period to be appropriated9905 | €14,214 | €1,480 | €13,708 | €36,929 | €30,791 | €27,480 | €22,004 | €19,034 | ▼ 13.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €63,552 | €60,324 | €84,414 | €137,677 | €159,145 | €236,376 | €260,919 | €288,606 | ▲ 10.6% |
| Fixed assets21/28 | €4,054 | €1,503 | €1,953 | €2,985 | €3,025 | €1,327 | €335 | - | - |
| Tangible fixed assets22/27 | €4,054 | €1,503 | €1,953 | €2,985 | €3,025 | €1,327 | €335 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €2,985 | €3,025 | €1,327 | €335 | - | - |
| Current assets29/58 | €59,498 | €58,821 | €82,461 | €134,692 | €156,120 | €235,049 | €260,584 | €288,606 | ▲ 10.8% |
| Amounts receivable within one year40/41 | €588 | €5,831 | €14,601 | €13,423 | €26,942 | €24,258 | €24,954 | €36,051 | ▲ 44.5% |
| Trade receivables40 | - | - | - | €12,003 | €25,522 | €22,838 | €23,534 | €34,631 | ▲ 47.2% |
| Other amounts receivable41 | - | - | - | €1,420 | €1,420 | €1,420 | €1,420 | €1,420 | = |
| Current investments50/53 | - | - | - | €54,000 | €54,000 | €54,000 | €54,000 | €54,000 | = |
| Cash at bank and in hand54/58 | €58,910 | €42,449 | €67,860 | €67,269 | €75,178 | €156,791 | €181,631 | €198,555 | ▲ 9.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €63,552 | €60,324 | €84,414 | €137,677 | €159,145 | €236,376 | €260,919 | €288,606 | ▲ 10.6% |
| Equity10/15 | €58,844 | €60,324 | €74,032 | €110,961 | €141,751 | €169,231 | €191,235 | €210,269 | ▲ 10.0% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Contributions outside capital11 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | - | - |
| Share premium1100/10 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €55,860 | €55,860 | €55,860 | €55,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €55,860 | €55,860 | €55,860 | €55,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Own shares acquired1312 | - | - | - | - | €54,000 | €54,000 | €54,000 | €54,000 | = |
| Profit (loss) carried forward14 | €38,384 | €39,864 | €53,572 | €90,501 | €67,291 | €94,771 | €116,775 | €135,809 | ▲ 16.3% |
| Amounts payable17/49 | €4,708 | - | €10,382 | €26,716 | €17,394 | €67,145 | €69,684 | €78,337 | ▲ 12.4% |
| Amounts payable within one year42/48 | €4,708 | - | €10,382 | €26,716 | €17,394 | €67,145 | €69,684 | €78,337 | ▲ 12.4% |
| Trade debts44 | €632 | - | €520 | €398 | €1,374 | €1,159 | €1,369 | €6,254 | ▲ 357% |
| Suppliers440/4 | - | - | - | €398 | €1,374 | €1,159 | €1,369 | €6,254 | ▲ 357% |
| Taxes, remuneration and social security45 | - | - | - | €5,710 | €9,721 | €16,577 | €15,816 | €11,884 | ▼ 24.9% |
| Taxes450/3 | - | - | - | €5,710 | €9,721 | €16,577 | €15,816 | €11,884 | ▼ 24.9% |
| Other amounts payable47/48 | - | - | - | €20,609 | €6,299 | €49,409 | €52,499 | €60,199 | ▲ 14.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,214 | €1,480 | €13,708 | €36,929 | €30,791 | €27,480 | €22,004 | €19,034 | ▼ 13.5% |
| + Depreciation and write-downs630 | €4,831 | €4,430 | €640 | €1,218 | €1,363 | €1,698 | €992 | €335 | ▼ 66.3% |
| Operating cash flow (approximation) | €19,045 | €5,910 | €14,348 | €38,147 | €32,154 | €29,178 | €22,996 | €19,369 | ▼ 15.8% |
| Investment in fixed assets (approximation) | - | -€1,879 | -€1,090 | -€2,250 | -€1,404 | €0 | €0 | - | - |
| Change in cash | - | -€16,461 | €25,411 | -€591 | €7,909 | €81,613 | €24,839 | €16,924 | ▼ 31.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as PM CONSTRUCT has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of PM CONSTRUCT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 34,693 companies, not a prediction for PM 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.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00484315 | |
| 31-12-2024 | full format | 02-07-2025 | 2025-00246838 | |
| 31-12-2023 | full format | 31-07-2024 | 2024-00317081 | |
| 31-12-2022 | full format | 26-07-2023 | 2023-00287770 | |
| 31-12-2021 | full format | 27-07-2022 | 2022-20240162 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-60100585 | |
| 31-12-2019 | micro format | 29-08-2020 | 2020-46700504 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-52700320 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-57400472 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-50300546 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 02-05-2023 Converted to unavailable equity · €20,460
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| LIBERT Renaud Denis Louis |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
Articles of association, deed of 02-05-2023 (in French)
Network & group
PM CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of PM CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
02-05
Gazette deed
Change of role: LIBERT Renaud Denis Louis, from manager to directorReappointment: LIBERT Renaud Denis Louis (director)6 points ▸
- General meeting, 26-04-2023
- 100 shares
- Director appointment, LIBERT Renaud Denis Louis (director (not named in the articles))
- Director resignation, LIBERT Renaud Denis Louis (manager)
- Director reappointment, LIBERT Renaud Denis Louis (director (not named in the articles))
- Registered office clause, rue de la Commone 10, 1325 Chaumont-Gistoux (Dion-Valmont)
- The act holds 9 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
7 activities
- La fourniture de conseils et de services,l'accompagnement et l'assistance aux personnes,sociétés,entreprises et organisations publiques,dans les domaines de l'informatique et autres services d'information
- La création,la conception,l'élaboration,la distribution,la représentation,l'achat,la vente,le placement,le dépannage et plus généralement le commerce au détail et en gros,de tous biens,services,procédés,droits,produits ou marchandises se rapportant aux domaines de l'informatique et autres services d'information
- De manière générale la gestion de toutes installations informatiques
- La mise sur pied et l'exploitation de bureaux d'étude,d'organisation,d'assistance et de conseil en matière de ressources humaines
- L'organisation et la participation à des cours,séminaires,conférences et formations
- De manière générale toutes opérations généralement quelconques se rapportant à des prestations de services en tous genres au profit des sociétés ou des personnes physiques,en ce compris l'expertise
- Toutes opérations d'achat,de remise en état,de transformation,de vente,de promotion,de location,de sous-location,d'échange,d'exploitation,de mise en valeur,de lotissement,de gestion,de manière généralement quelconque,de tout immeuble ou partie d'immeuble bâti ou non bâti;la coordination et la commercialisation de promotions par l'établissement d'études,de plans,projets en rapport avec les dites opérations immobilières;la représentation de tous tiers dans ce type d'opérations.La société pourra en outre prendre la qualité de marchand de biens
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25025C0289/00D000 | Wallonia | 1,667 m² | 1 · 125 m² | 8.4 m · 2 |