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PSS CONSTRUCT

Active
Private limited companyfounded 2025active for 1 yearLindestraat 42, 1640 Sint-Genesius-Rode, Belgium192 active companies are registered at this addressKBO/BCE: BE 1020.871.055
Summary

PSS CONSTRUCT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125,187 and a net result of €123,187. Its solvency ranks better than 30% of 9,154 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€522,178total assets 2025
Equity
€125,187
Profit
€123,187
Turnover not published (micro format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Accounts 16 days early
Why 67raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2025lowers riskLiquidity: current ratio 1.09, cash €155,314Figures for financial year 2025 (filed 15-07-2026)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 55% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency 49
equity 24.0% of total assets
Liquidity 50
short-term debt 68.7% · cash 29.7%
Profitability 98
return on assets 23.6%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,415 companies, NACE 41, micro)
Last 24 months 04-2026: 3.6% 05-2026: 3.7%▲ +0.1 percentage points vs 04-2026 06-2026: 3.8%▲ +0.1 percentage points vs 05-2026 07-2026: 4.2%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 1.0%▼ -3.2 percentage points vs 07-2026lowest value 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity tight (current ratio 1.09, below the usual 1.5; short-term debt: 68.7% and cash: 29.7% of total assets), and 76% 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 31% on solvency, 53% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 16-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.09, cash €155,314
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 15-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: TEIXEIRA DE SOUSA Jose…

Financials · financial year 2025, micro format

Equity
€125,187
Total assets
€522,178
Net result
€123,187
Working capital
€31,417

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €522,178
Fixed assets €132,005
Current assets €390,172
Equity and liabilities €522,178
Equity €125,187
Debt €396,991
Debt finances 76.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€184,229
Cash flow
€139,688
Current ratio
1.09
Debt to equity
3.17
ROE
98.4%
ROA
23.6%
Interest coverage
over 100
Debt ≤ 1 year
€358,755
Income taxes
€44,479

Peer companies

Historical observation

Of the 118 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 97.5% are still going.

  • Small
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
0.0% stopped otherwise
97.5% still going

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,473 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 118 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 · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€522,178
Fixed assets21/28€132,005
Tangible fixed assets22/27€130,399
Furniture and vehicles24€130,399
Financial fixed assets28€1,607
Current assets29/58€390,172
Amounts receivable within one year40/41€232,655
Trade receivables40€232,655
Cash at bank and in hand54/58€155,314
Deferred charges and accrued income490/1€2,203
Equity and liabilities
Total equity and liabilities10/49€522,178
Equity10/15€125,187
Contributions10/11€2,000
Profit (loss) carried forward14€123,187
Amounts payable17/49€396,991
Amounts payable within one year42/48€358,755
Trade debts44€109,168
Suppliers440/4€109,168
Taxes, remuneration and social security45€63,774
Taxes450/3€63,774
Other amounts payable47/48€185,814
Accrued charges and deferred income492/3€38,236
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,501
Other operating charges640/8€37,169
Gross operating margin9900€221,398
Operating profit (loss)9901€167,728
Financial charges65/66B€62
Recurring financial charges65€62
Profit (loss) for the period before taxes9903€167,666
Income taxes67/77€44,479
Profit (loss) for the period9904€123,187
Profit (loss) for the period to be appropriated9905€123,187
Appropriation of the result
Profit (loss) to be appropriated9906€123,187

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,501
Other operating charges640/8€37,169
Gross operating margin9900€221,398
Operating profit (loss)9901€167,728
Financial charges65/66B€62
Recurring financial charges65€62
Profit (loss) for the period before taxes9903€167,666
Income taxes67/77€44,479
Profit (loss) for the period9904€123,187
Profit (loss) for the period to be appropriated9905€123,187
Line2025
Assets
Total assets20/58€522,178
Fixed assets21/28€132,005
Tangible fixed assets22/27€130,399
Furniture and vehicles24€130,399
Financial fixed assets28€1,607
Current assets29/58€390,172
Amounts receivable within one year40/41€232,655
Trade receivables40€232,655
Cash at bank and in hand54/58€155,314
Deferred charges and accrued income490/1€2,203
Equity and liabilities
Total equity and liabilities10/49€522,178
Equity10/15€125,187
Contributions10/11€2,000
Profit (loss) carried forward14€123,187
Amounts payable17/49€396,991
Amounts payable within one year42/48€358,755
Trade debts44€109,168
Suppliers440/4€109,168
Taxes, remuneration and social security45€63,774
Taxes450/3€63,774
Other amounts payable47/48€185,814
Accrued charges and deferred income492/3€38,236
Line2025
Profit (loss) for the period9904€123,187
+ Depreciation and write-downs630€16,501
Operating cash flow (approximation)€139,688

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 (1)
Financial year Type Filed Reference
31-12-2025 micro format 15-07-2026 2026-00295749

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 16,154. 13,001 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 sitting directors in the Gazette act read. 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

PSS CONSTRUCT was incorporated on 11 March 2025 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
15-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
13-03
Gazette deed Incorporation
Appointment: TEIXEIRA DE SOUSA Jose Antonio (director) · Founding capital · Founder19 facts ▸
  • Incorporation, “PSS CONSTRUCT” (deed in Dutch)
  • Founding capital, €2,000 (2 times)
  • Founder, TEIXEIRA DE SOUSA Jose Antonio
  • Other provision, “bevoegd- en bekwaamheid comparant en notariële identiteitskennis, faillissement,collectieve schuldenregeling,bewindvoerder” (deed in Dutch)
  • Other provision, “toelichting en voorlezing akte” (deed in Dutch)
  • Other provision, “ontwerp,voorlezing en authenticiteit” (deed in Dutch)
  • Other provision, 06-03-2025
  • Other provision, “vaststelling statuten, statuten luiden als volgt” (deed in Dutch)
  • Registered office clause, “1640 Sint-Genesius-Rode, Lindestraat”, 42 (deed in Dutch)
  • Other provision, “nog niet, website en e-mail” (deed in Dutch)
  • Board rule, 1
  • Director appointment, TEIXEIRA DE SOUSA Jose Antonio (director (not named in the articles))
  • +7 further facts in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded11-03-2025
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020871055
Also 9925:BE1020871055
Registered 09-12-2025

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

Register as of 17 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 1020.871.055

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-Genesius-Rode · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
9,993 m²
Building footprint
4,627 m²
Building volume
74,467 m³
2 parcels, Brussels, Flanders · tallest building 28.4 m. Linked by address, not a title deed.
192 companies at this address See who is registered here
1 establishment unit
PSS CONSTRUCT
Industrielaan 9, 1070 AnderlechtConstruction of utility projects for electricity and telecommunications
since 2025unit no. 2.374.154.776
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
21306C0289/00B004 Brussels 9,782 m² 1 · 4,538 m² 28.4 m · 7
22004C0677/00T000 Flanders 210 m² 1 · 89 m² 10.1 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
PSS CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 13-03-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)
“Algemene kosten, los van representatie-, reis- en verplaatsingskosten, algemene vergadering” (deed in Dutch)

deed of 13-03-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager, helft koper(s) naar evenredigheid aantal verworven aandelen, vermelde prijs in oorspronkelijke bekendmaking of bij…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Naar evenredigheid van aantal aandelen dat zij bezitten, dag van openstelling intekening” (deed in Dutch)

deed of 13-03-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of June at 18:00

deed of 13-03-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 13-03-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Dagelijks bestuur, bestuursorgaan” (deed in Dutch)
Other provision: “Controle van de vennootschap, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, ingeschreven in register van effecten op naam voor categorie” (deed in Dutch)
Other provision: “Bestuurder, bij gebrek aandeelhouder met meeste aandelen, bij pariteit oudste, zittingen-processen-verbaal algemene vergadering” (deed in Dutch)
Other provision: “Bestuursorgaan, elke gewone of buitengewone algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura opzelfde wijze verdeeld, na aanzuivering schulden, lasten, kosten of consignatie nodige sommen” (deed in Dutch)
Other provision: “Woonstkeuze, in buitenland wonende aandeelhouder, bestuurder, commissaris, vereffenaar of obligatiehouder” (deed in Dutch)
Other provision: “Gemeen recht, strijdig met dwingende bepalingen geacht niet geschreven” (deed in Dutch)
Other provision: “In overeenstemming met wet, uitwerking slot- en overgangsbepalingen” (deed in Dutch)
5 more provisions in the deed, see the deed of 13-03-2025

deed of 13-03-2025