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PR CONSTRUCTIONS

Active
Private limited companyfounded 2022active for 4 yearsBergensesteenweg 421/13, 1600 Sint-Pieters-Leeuw, Belgium295 active companies are registered at this addressKBO/BCE: BE 0788.464.302
Summary

The computed 12-month bankruptcy probability of PR CONSTRUCTIONS is 5.9% (elevated). The 2024 annual accounts show equity of €12,684 and a net result of €2,642. Equity is growing by about 48% per year across the filed financial years. Its solvency ranks better than 20% of 9,154 sector peers (NACE 41, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€129,428total assets 2024
Equity
€12,684
Profit
€2,642
Turnover not published (micro format)
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.9%
Structure
Accounts 79 days overdue0 of 1 deed read
Why 35raises risk1 financial year not filed after the legal deadline; latest accounts 55 days late; 1 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2022Figures for financial year 2024 (filed 24-09-2025)Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 31% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Weak
Solvency 35-4
equity 9.8% of total assets
Liquidity 18+5
short-term debt 90.2% · cash 14.3%
Profitability 35-23
return on assets 2.0%
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,421 companies, NACE 41, micro)
Last 24 months 11-2024: 4.6% 12-2024: 4.6%● unchanged vs 11-2024 01-2025: 4.6%● unchanged vs 12-2024 02-2025: 4.6%● unchanged vs 01-2025 03-2025: 4.6%● unchanged vs 02-2025 04-2025: 4.7%▲ +0.1 percentage points vs 03-2025 05-2025: 4.7%● unchanged vs 04-2025 06-2025: 4.7%● unchanged vs 05-2025 07-2025: 4.9%▲ +0.2 percentage points vs 06-2025 08-2025: 5.5%▲ +0.6 percentage points vs 07-2025 09-2025: 5.7%▲ +0.2 percentage points vs 08-2025 10-2025: 4.9%▼ -0.8 percentage points vs 09-2025 11-2025: 4.9%● unchanged vs 10-2025 12-2025: 4.9%● unchanged vs 11-2025 01-2026: 4.8%▼ -0.1 percentage points vs 12-2025 02-2026: 4.8%● unchanged vs 01-2026 03-2026: 4.4%▼ -0.4 percentage points vs 02-2026lowest value 04-2026: 4.4%● unchanged vs 03-2026 05-2026: 4.5%▲ +0.1 percentage points vs 04-2026 06-2026: 4.5%● unchanged vs 05-2026 07-2026: 4.6%▲ +0.1 percentage points vs 06-2026 08-2026: 5.1%▲ +0.5 percentage points vs 07-2026 09-2026: 5.4%▲ +0.3 percentage points vs 08-2026 10-2026: 5.9%▲ +0.5 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.07, compared with 1.03 in 2023, below the usual 1.5; short-term debt: 90.2% and cash: 14.3% of total assets), and 90.2% 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 41, micro): better than 18% on solvency, 15% on liquidity, 22% on profitability and 69% on growth.

The bankruptcy probability was computed on 17-10-2026 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

Six signals.
raises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 55 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 24-09-2025)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 79 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline18-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
55 days late
2023
29 days late
2022
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 27 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Highest result from 2022 to 2024net €7,042 ▲252%

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 18 October 2026.

Equity
€12,684▲ 26.3%
2023 · €10,042
Total assets
€129,428▲ 74.3%
2023 · €74,261
Net result
€2,642▼ 62.5%
2023 · €7,042
Working capital
€8,467▲ 365%
2023 · €1,821
Trend over the years

2022 to 2024, 3 financial years

The operating result has risen two years in a row; 2024 is 7% above 2023 and is the highest result in the available series.

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

Operating result€15,950 2024 Net result€2,642 2024

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

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: 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, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202220232024
Operating result€4,206-€14,895▲ 254%€15,950▲ 7.1%
Net result€2,000within the sector's middle half-€7,042within the sector's middle half▲ 252%€2,642within the sector's middle half▼ 62.5%
Equity€3,000below the sector's middle half-€10,042below the sector's middle half▲ 235%€12,684below the sector's middle half▲ 26.3%
Total assets€31,031below the sector's middle half-€74,261within the sector's middle half▲ 139%€129,428within the sector's middle half▲ 74.3%
Debt€28,031-€64,219▲ 129%€116,744▲ 81.8%
Working capital-€11,005below the sector's middle half-€1,821within the sector's middle half€8,467within the sector's middle half▲ 365%
Solvency9.7%below the sector's middle half-13.5%below the sector's middle half▲ 3.9pp9.8%below the sector's middle half▼ 3.7pp
Current ratio0.61below the sector's middle half-1.03below the sector's middle half▲ 0.421.07within the sector's middle half▲ 0.04
Return on assets (ROA)6.4%within the sector's middle half-9.5%within the sector's middle half▲ 3.0pp2.0%within the sector's middle half▼ 7.4pp
Staff (FTE)0.2
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: 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
2024 in colour, 2023 as the grey bar beneath
Assets €129,428
Fixed assets €4,217 ▼ 54.1%
Current assets €125,211 ▲ 92.4%
Equity and liabilities €129,428
Equity €12,684 ▲ 26.3%
Debt €116,744 ▲ 81.8%
Debt's share of the balance-sheet total rises from 86.5% to 90.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21,277▲
2023 · €20,074
Cash flow
€7,969▼
2023 · €12,222
Debt to equity
9.20▲
2023 · 6.39
ROE
20.8%▼
2023 · 70.1%
Interest coverage
1.69▼
2023 · 3.31
Debt ≤ 1 year
€116,744▲
2023 · €63,245
Income taxes
€943▼
2023 · €1,878
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.4% stopped otherwise
92.1% 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 5.9% 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 497,472 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 2,135 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 · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€74,261€129,428▲
Fixed assets21/28€9,195€4,217▼
Tangible fixed assets22/27€9,195€4,217▼
Plant, machinery and equipment23€287€405▲
Furniture and vehicles24€8,908€3,812▼
Current assets29/58€65,066€125,211▲
Amounts receivable within one year40/41€59,272€106,276▲
Trade receivables40€49,755€96,293▲
Other amounts receivable41€9,517€9,983▲
Cash at bank and in hand54/58€5,751€18,571▲
Deferred charges and accrued income490/1€43€364▲
Equity and liabilities
Total equity and liabilities10/49€74,261€129,428▲
Equity10/15€10,042€12,684▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€9,042€11,684▲
Amounts payable17/49€64,219€116,744▲
Amounts payable within one year42/48€63,245€116,744▲
Trade debts44€36,212€74,691▲
Suppliers440/4€36,212€74,691▲
Taxes, remuneration and social security45€11,394€31,313▲
Taxes450/3€4,018€16,065▲
Remuneration and social security454/9€7,376€15,248▲
Other amounts payable47/48€15,640€10,740▼
Accrued charges and deferred income492/3€973-
Income statement Code20232024
Remuneration, social security and pensions62€8,512-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,180€5,327▲
Other operating charges640/8€192€5,108▲
Gross operating margin9900€28,778€26,384▼
Operating profit (loss)9901€14,895€15,950▲
Financial income75/76B€94€202▲
Recurring financial income75€94€202▲
Financial charges65/66B€6,068€12,567▲
Recurring financial charges65€6,068€12,567▲
Profit (loss) for the period before taxes9903€8,920€3,585▼
Income taxes67/77€1,878€943▼
Profit (loss) for the period9904€7,042€2,642▼
Profit (loss) for the period to be appropriated9905€7,042€2,642▼
Appropriation of the result
Profit (loss) to be appropriated9906€9,042€11,684▲
Profit (loss) brought forward from the previous period14P€2,000€9,042▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62-€8,512--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,285€5,180€5,327▲ 2.9%
Other operating charges640/8€1,310€192€5,108▲ 2,564%
Gross operating margin9900€6,800€28,778€26,384▼ 8.3%
Operating profit (loss)9901€4,206€14,895€15,950▲ 7.1%
Financial income75/76B€36€94€202▲ 115%
Recurring financial income75€36€94€202▲ 115%
Financial charges65/66B€1,742€6,068€12,567▲ 107%
Recurring financial charges65€1,742€6,068€12,567▲ 107%
Profit (loss) for the period before taxes9903€2,500€8,920€3,585▼ 59.8%
Income taxes67/77€500€1,878€943▼ 49.8%
Profit (loss) for the period9904€2,000€7,042€2,642▼ 62.5%
Profit (loss) for the period to be appropriated9905€2,000€7,042€2,642▼ 62.5%
Line202220232024Change
Assets
Total assets20/58€31,031€74,261€129,428▲ 74.3%
Fixed assets21/28€14,005€9,195€4,217▼ 54.1%
Tangible fixed assets22/27€14,005€9,195€4,217▼ 54.1%
Plant, machinery and equipment23-€287€405▲ 41.2%
Furniture and vehicles24€14,005€8,908€3,812▼ 57.2%
Current assets29/58€17,026€65,066€125,211▲ 92.4%
Amounts receivable within one year40/41€15,592€59,272€106,276▲ 79.3%
Trade receivables40€10,640€49,755€96,293▲ 93.5%
Other amounts receivable41€4,952€9,517€9,983▲ 4.9%
Cash at bank and in hand54/58€969€5,751€18,571▲ 223%
Deferred charges and accrued income490/1€465€43€364▲ 750%
Equity and liabilities
Total equity and liabilities10/49€31,031€74,261€129,428▲ 74.3%
Equity10/15€3,000€10,042€12,684▲ 26.3%
Contributions10/11€1,000€1,000€1,000=
Profit (loss) carried forward14€2,000€9,042€11,684▲ 29.2%
Amounts payable17/49€28,031€64,219€116,744▲ 81.8%
Amounts payable within one year42/48€28,031€63,245€116,744▲ 84.6%
Trade debts44€27,245€36,212€74,691▲ 106%
Suppliers440/4€27,245€36,212€74,691▲ 106%
Taxes, remuneration and social security45€786€11,394€31,313▲ 175%
Taxes450/3€786€4,018€16,065▲ 300%
Remuneration and social security454/9-€7,376€15,248▲ 107%
Other amounts payable47/48-€15,640€10,740▼ 31.3%
Accrued charges and deferred income492/3-€973--
Line202220232024Change
Profit (loss) for the period9904€2,000€7,042€2,642▼ 62.5%
+ Depreciation and write-downs630€1,285€5,180€5,327▲ 2.9%
Operating cash flow (approximation)€3,284€12,222€7,969▼ 34.8%
Investment in fixed assets (approximation)--€370-€349▲ 5.7%
Change in cash-€4,782€12,820▲ 168%

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 (3)
Financial year Type Filed Reference
31-12-2024 micro format 24-09-2025 2025-00500970
31-12-2023 micro format 29-08-2024 2024-00391509
31-12-2022 micro format 27-07-2023 2023-00283429

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 10,129 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

No owners or capital events in the accounts and acts we read.

History

On 11 July 2022, PR CONSTRUCTIONS was incorporated as a private limited company.1 Total assets went from €31,031 in 2022 to €129,428 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2024

Acts, filings and financial milestones

2025
24-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 55 days late
2024
29-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 29 days late
2023
31-12
Financial Highest result from 2022 to 2024net €7,042 ▲252%
Net result €7,042, the highest in the series.
27-07
NBB filing Annual accounts filed
financial year 2022 · 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
Founded11-07-2022
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002General construction of office buildings
41003General construction of other non-residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0788464302
Also 9925:BE0788464302
Registered 19-12-2025

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

Register as of 18 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 0788.464.302

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

Sites & property

Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2022
registered office establishment The establishment unit on the map
Ground area
8,741 m²
Building footprint
1,421 m²
Building volume
583 m³
2 parcels, Flanders · tallest building 10.4 m. Linked by address, not a title deed.
1 establishment unit
PR CONSTRUCTIONS
Klokkeveld 13, 1602 Sint-Pieters-LeeuwGeneral construction of residential buildings
since 2022unit no. 2.333.169.605
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
23582E0505/00E000 Flanders 8,312 m² 1 · 1,330 m² -
23089D0047/00G002 Flanders 430 m² 1 · 91 m² 10.4 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.