Turnover
≈ €200,000 estimated
The micro format states no turnover.
PND CONSTRUCT
Overview
Lifetime
2 annual accounts with figures on one time axispeak €20,363 (2025)
€20,363▲ €20,445
lowest -€146 (2024)
€16,608▲ €16,754
peak €16,962 (2025)
€16,962▲ 48×
€6,500▲ 978%
Board1 name since 2023
1 directorPERCIC Nicolai
Documentsfilings and deeds
23-12-202539 days before the deadline
2025micro format
Gross margin from -€83 to €20,363Back to profit: €16,608Equity from €354 to €16,962Debts from €603 to €6,500Cash from €78 to €1
Key points
from the 2025 annual accountsChecked score
54
Fair
Financially stronger than 74% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.0%highest value
01-2025: 1.7%▼ -1.3 percentage points vs 12-2024
02-2025: 1.8%▲ +0.1 percentage points vs 01-2025
03-2025: 1.7%▼ -0.1 percentage points vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025lowest value
05-2025: 1.8%▲ +0.1 percentage points vs 04-2025
06-2025: 1.8%● unchanged vs 05-2025
07-2025: 1.8%● unchanged vs 06-2025
08-2025: 1.8%● unchanged vs 07-2025
09-2025: 1.8%● unchanged vs 08-2025
10-2025: 1.9%▲ +0.1 percentage points vs 09-2025
11-2025: 2.0%▲ +0.1 percentage points vs 10-2025
12-2025: 1.9%▼ -0.1 percentage points vs 11-2025
01-2026: 2.8%▲ +0.9 percentage points vs 12-2025
02-2026: 2.6%▼ -0.2 percentage points vs 01-2026
03-2026: 2.5%▼ -0.1 percentage points vs 02-2026
04-2026: 2.5%● unchanged vs 03-2026
05-2026: 2.5%● unchanged vs 04-2026
06-2026: 2.5%● unchanged vs 05-2026
07-2026: 2.6%▲ +0.1 percentage points vs 06-2026
08-2026: 2.6%● unchanged vs 07-2026
09-2026: 2.6%● unchanged vs 08-2026
10-2026: 2.7%▲ +0.1 percentage points vs 09-2026
11-2026: 2.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Liquidity: current ratio 3.38, cash €1, halved
Size: total assets €23,462
Sector: Specialised construction activities (NACE 43)
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 43, micro). It does better than 78% of them on solvency, 28% on liquidity, 92% on profitability and 99% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 39,278 companies had the same profile as PND CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PND CONSTRUCT itself is higher: 2.7% within 12 months. It rests on far more data about PND CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,448 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 39,278 companies, not a prediction for PND 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 €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.38, above the usual 1.5. Short-term debt is 27.7% and cash 0% of total assets. 27.7% 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.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
39 days early
2024
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 43 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801833672
Incorporation
Founding capital of €500, 100 shares · Founder: PERCIC Nicolai (comparant) · Appointment: PERCIC Nicolai (director) · published on 19-05-2023 · Gazette deed
First establishment
Thomas Vinçottestraat 15, Schaerbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PND CONSTRUCT Sint-Pieters-Leeuw | €23,462 | €20,363 | 72.3% | - |
| AEKO RENOVATION Overijse | €25,989 | €20,555 | 9.6% | - |
| NOOR AUTOS Sint-Genesius-Rode | €22,069 | €12,995 | 58.9% | - |
| JEAN TERRASSEMENTS Walcourt | €19,834 | €16,024 | -2.2% | - |
| THSM Waregem | €16,211 | €18,668 | 24.9% | - |
| AND PROJECT Brussels | €28,623 | €23,466 | 68.8% | - |
| Aménagements Conception Binche | €29,370 | €22,464 | 49.2% | - |
These companies have the same main activity as PND CONSTRUCT: site preparation (NACE 43120). They are comparable in size and age: total assets between €16,200 and €29,400, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 16-05-2023Normal situation
- Registered office
- 617 active companies are registered at this address122 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Site preparationNACE 43120and 4 others
- Establishment unit
- 2.345.162.9611030 Schaerbeek, since 16-05-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 08-01-2026
Annual accounts to 30-06-2025
- €20,363
- €16,608
- €16,962▲ 48×
- €23,462▲ 25×
- Filing
- Filed on 23-12-2025, 39 days before the end of the filing period
Insights on PND CONSTRUCT
The computed 12-month bankruptcy probability of PND CONSTRUCT is 2.7% (moderate). The 2025 annual accounts show equity of €16,962 and a net result of €16,608.
Its solvency ranks better than 78% of 35,156 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 23-12-2025, 39 days before the deadline€20,363
▲ €20,445
€20,363
▲ €20,445
€16,608
▲ €16,754
€15,462
▲ 44×
72.3%
3.38
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €92,000 and €290,000.
Balance sheet
balance sheet total €23,462 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
72.3%
Higher than 78% of 35,156 companies in 2025.
3.38
Higher than 75% of 34,529 companies in 2025.
70.8%
Higher than 95% of 34,730 companies in 2025.
PND CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
23,462 | 958 | |
21/28 |
1,500 | - | |
28 |
1,500 | - | |
29/58 |
21,962 | 958 | |
40/41 |
20,257 | 880 | |
40 |
2,437 | - | |
41 |
17,820 | 880 | |
54/58 |
1 | 78 | |
490/1 |
1,705 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
23,462 | 958 | |
10/15 |
16,962 | 354 | |
10/11 |
500 | 500 | |
11 |
500 | - | |
1109/19 |
500 | - | |
14 |
16,462 | -146 | |
17/49 |
6,500 | 603 | |
42/48 |
6,500 | 603 | |
44 |
2,384 | 220 | |
440/4 |
2,384 | 220 | |
45 |
4,116 | - | |
450/3 |
4,116 | - | |
47/48 |
- | 383 | |
| Income statement | |||
9900 |
20,363 | -83 | |
9901 |
20,363 | -83 | |
75/76B |
475 | - | |
75 |
475 | - | |
65/66B |
113 | 63 | |
65 |
113 | 63 | |
9903 |
20,724 | -146 | |
67/77 |
4,116 | - | |
9904 |
16,608 | -146 | |
9905 |
16,608 | -146 | |
| Appropriation of the result | |||
9906 |
16,462 | -146 | |
14P |
-146 | - | |
| Social balance sheet | |||
Hours worked1013 |
- | 0 | |
| Document | |||
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 23-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 1,500 | - | ||
| -77 | - | ||
| 15,462 | 354 | ||
| 72.3% | - | ||
| 3.38 | - | ||
| 0.38 | - | ||
| 97.9% | - | ||
| 70.8% | - |
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.
Social balance sheet
| Item | 30-06-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2024 annual accounts
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Financial fixed assets | €1,500 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on PND CONSTRUCT
The operating result for 2025 is a profit of €20,363, after a loss of €83 in 2024.
Debt's share of the balance-sheet total falls from 63.0% to 27.7%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 16-05-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 23-12-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 19-05-2023
Mandates through the years
1 name, the dashed line is todayPERCIC Nicolai
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- PERCIC Nicolai
- Director (not named in the articles), from 16-05-2023 to date
Control
Capital
- Contribution
- €500
- Shares
- 100
- Contribution per share
- €5
- Equity per share
- €170 in 2025
- Source
- deed of 19-05-2023
Articles of association
deed of 19-05-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Saturday of December at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 19-05-2023 ↗
- PERCIC Nicolai 100 shares (100%) · €500 · “niet volgestort”
Network & group
No group
PND CONSTRUCT has no parent and no holdings in its annual accounts. PERCIC Nicolai is the only director. PND CONSTRUCT shares no director with another company.
At the same address
Bergensesteenweg 24, 1600 Sint-Pieters-Leeuw · 616 other companies| BILD CONCEPT
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turnover €2.2m (2025) 0792.929.369 |
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registered office since 09-03-2021 · founded in 2021 · accounts filed late |
turnover €1.8m (2024) 0764.843.020 |
| ED MOTOR
registered office since 13-07-2022 · founded in 2022 |
turnover €1.8m (2025) 0788.556.154 |
| LUITRADE
registered office since 14-05-2019 · founded in 2019 |
1.2 FTE (2023) 0726.753.001 |
| LIMO TRENDS
registered office since 16-11-2017 · founded in 2017 · accounts filed late |
total assets €1.5m (2024) 0684.767.837 |
| M.A. Solution
registered office since 02-12-2021 · founded in 2021 · accounts filed late |
turnover €606,633 (2025) 0777.963.952 |
| OST CONCEPT TOITURE
registered office since 02-06-2023 · founded in 2023 |
turnover €1.3m (2025) 0802.364.895 |
| ARKHE
registered office since 10-12-1987 · founded in 1987 |
turnover €1.3m (2025) 0432.804.694 |
| ANATOLI CONSTRUCT
registered office since 08-11-2022 · founded in 2022 |
turnover €1.3m (2025) 0793.406.352 |
| S&B PROF CONSTRUCT
registered office since 30-08-2022 · founded in 2022 · accounts filed late |
turnover €1.1m (2024) 0790.208.619 |
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-01-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0801833672
2025
Annual accounts 2025 filed PDFmicro format · 39 days before the deadline
Back to profit net €16,608 The net result is €16,608, after one loss-making year.
Liquidity more than doubled current ratio 3.38 The current ratio rises from 1.59 to 3.38.
2024
Annual accounts 2024 filed PDFmicro format · 46 days before the deadline
2023
IncorporationFounding capital of €500, 100 shares · Founder: PERCIC Nicolai (comparant) · Appointment: PERCIC Nicolai (director) · published on 19-05-20235 points ▸
- Founder, PERCIC Nicolai (comparant)
- Founding capital, €500, 100 shares
- Board composition, 1
- Director appointment, PERCIC Nicolai (director (not named in the articles))
- Power of attorney, MA Solution
- The deed holds 1 more point.
First establishment Thomas Vinçottestraat 15, Schaerbeek
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 16 May 2023, PND CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €500.12 PERCIC Nicolai has served as director since 2023.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.4
Company details
Identity
- Enterprise number
- 0801.833.672
- VAT number
- BE 0801.833.672
- Peppol ID
- 0208:0801833672
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 16-05-2023
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Saturday of December at 20:00deed of 19-05-2023 (in Dutch)
- Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
- “Op de algemene vergadering geeft ieder aandeel recht op één stem, elke aandeelhouder kan aan ieder andere persoon, al dan niet…”deed of 19-05-2023 (in Dutch)
- Peppol
- Reachable since 08-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PND CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-05-2023 (in Dutch)
Activities
NACEBEL 202543120
Site preparation main activity
43230
Insulation installation
Codes under NACEBEL 2008
43120
Site preparation main activity
43130
Specialised construction activities
43211
Specialised construction activities
43291
Specialised construction activities
43299
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle bouwondernemingsactiviteiten in de breedste zin van het woord, het optrekken van de ruwbouw, de algemene bouwonderneming, bekisting…”deed of 19-05-2023 (in Dutch)
3 activities
- Alle bouwondernemingsactiviteiten in de breedste zin van het woord, het optrekken van de ruwbouw, de algemene bouwonderneming, bekisting, betonwapening; de coördinatie van onderaannemers, de afbraak-, vlak- en afgravingwerken, alle metsel-, voeging- en waterdichtheidwerken; alle asfalteringwerken; de montage van daken en het onderhoud ervan; het plaatsen van dakbedekking van ongeacht welk materiaal en van dakgoten en regenafvoerbuizen; alle geraamtewerken (hout- en stalconstructies, of andere); akoestische en thermische isolatie; de bekleding van wanden, vloeren, plafonds, gevels; al dan niet industriële schilderwerken; betegelen-en mozaïekwerken; deklaag- en stucwerken; de montage van buiten- en binnenschrijnwerk van hout en kunststof: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enzovoort; de installatie van al dan niet verplaatsbare tussenwanden en de installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enzovoort in hout of kunststof; de natuursteen- en marmerbewerking; alle vernieuwingswerken, schoonmaakwerken; het schoorsteenvegen; het plaatsen van stellingen, ijzerwaren, smeedwerk, alle metaalwerken; alle werken van glazenmakervak, het plaatsen van ruiten, spiegels, glas-in-loodramen, het vervaardigen van doorzichtige wanden; alle sanitair- en loodgieterijwerken; de installatie van elektrische bedrading en toebehoren, van de installatie van bewakingssystemen en alarminstallaties tegen diefstal; het garneren van meubilair; de kleinhandel, de invoer en de uitvoer van constructiematerialen; alle hydraulische werken, maritieme of rivierwerken, constructie of herstelling van sluizen, stuwdammen, dijken, kanalen en kunstwerken, doorleggings- afwatering- en pompenwerken, irrigatie- en uitbaggeringwerken, créatie en onderhoud van vijvers, rivieren en beekjes; het aanleggen van wegen, fietspaden, enzovoort
- Het schoonmaken en het onderhoud van onroerende goederen, het schoonmaken van vensters en van bureaus, kleine bureauwerkjes, interimdiensten, onderaanneming. Het aanbieden van thuishulp van huishoudelijke aard in het kader van dienstencheques: schoonmaak van de woning met inbegrip van de ramen; wassen en strijken; occasionele kleine naaiwerken; bereiden van maaltijden; strijken in een lokaal van de onderneming alsook activiteiten verricht buiten het huis van de gebruiker zoals onder andere boodschappendienst, mindermobielencentra voor bejaarden en strijkateliers
- Nationale en internationale personen- en koopwarentransport, express courrier
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Bergensesteenweg 24 registered office 1600 Sint-Pieters-Leeuw | ||
| Thomas Vinçottestraat 15 1030 Schaerbeek | 16-05-2023 | 2.345.162.961 |
Buildings and parcels at the addresses
- Ground area
- 1,770 m²
- Buildings
- 499 m²
- Volume, LiDAR
- 4,254 m³
- Tallest building
- 16.4 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 |
| 21906D0072/00R008 | Brussels | 132 m² | 1 · 102 m² | 16.4 m · 4 |
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 0801.833.672