PTZ Construct
Bankruptcy closedPTZ Construct was declared bankrupt on 20-08-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 28-04-2026, published in the Belgian State Gazette on 07-05-2026.
No longer registered with the KBO since 01-05-2026; last annual accounts for fiscal year 2022.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2022, micro schema
Equity
€55k▼ 23.5%
2021 · €72k
2018: €68k
2019: €26k
2020: €47k
2021: €72k
2018 → 2022
Total assets
€537k▼ 1.7%
2021 · €546k
2018: €68k
2019: €55k
2020: €123k
2021: €546k
2018 → 2022
Net result
€-17k
2021 · €25k
2018: €-786
2019: €-13k
2020: €46k
2021: €25k
2018 → 2022
Working capital
€-141k▼ 219%
2021 · €-44k
2018: €61k
2019: €26k
2020: €28k
2021: €-44k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€68k-€26k▼ 61.5%€47k▲ 79.9%€72k▲ 52.9%€55k▼ 23.5%
Operating result€-726-€-13k▼ 1,740%€59k€42k▼ 29.1%€-9k
Net result€-786-€-13k▼ 1,607%€46k€25k▼ 46.4%€-17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €9k after €42k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €537k
Fixed assets
€323k▲ 5.1%
Current assets
€214k▼ 10.4%
Equity and liabilities €537k
Equity
€55k▼ 23.5%
Debt
€482k▲ 1.6%
The debt ratio rises from 86.9% to 89.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€15k▼
2021 · €85k
Cash flow
€7k▼
2021 · €68k
Solvency
10.2%▼
2021 · 13.1%
Current ratio
0.60▼
2021 · 0.84
Quick ratio
0.60▼
2021 · 0.84
Debt / equity
8.82▲
2021 · 6.64
ROE
-30.8%▼
2021 · 34.6%
ROA
-3.1%▼
2021 · 4.5%
Interest coverage
2.03▼
2021 · 12.85
Debt
€482k▲
2021 · €475k
Debt ≤ 1 year
€355k▲
2021 · €283k
Debt > 1 year
€128k▼
2021 · €192k
Income taxes
€251▼
2021 · €11k
Staff costs
€47k▲
2021 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€546k€537k▼
Fixed assets21/28€308k€323k▲
Tangible fixed assets22/27€308k€323k▲
Plant, machinery and equipment23€5k€9k▲
Furniture and vehicles24€145k€171k▲
Leasing and similar rights25€158k€143k▼
Current assets29/58€238k€214k▼
Amounts receivable within one year40/41€230k€202k▼
Trade receivables40€208k€174k▼
Other amounts receivable41€23k€28k▲
Cash at bank and in hand54/58€8k€11k▲
Deferred charges and accrued income490/1€215€773▲
Equity and liabilities
Total equity and liabilities10/49€546k€537k▼
Equity10/15€72k€55k▼
Reserves13€72k€72k=
Distributable reserves133€72k€72k=
Profit (loss) carried forward14-€-17k
Amounts payable17/49€475k€482k▲
Amounts payable after more than one year17€192k€128k▼
Financial debts170/4€192k€128k▼
Amounts payable within one year42/48€283k€355k▲
Current portion of amounts payable after more than one year42€98k€118k▲
Financial debts43€3k€3k▲
Credit institutions430/8€3k€3k▲
Trade debts44€150k€215k▲
Suppliers440/4€150k€215k▲
Taxes, remuneration and social security45€6k€18k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€4k€16k▲
Other amounts payable47/48€27k€823▼
Income statement
Code20212022
Remuneration, social security and pensions62€38k€47k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€24k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k-
Other operating charges640/8€16k€7k▼
Gross operating margin9900€151k€69k▼
Operating profit (loss)9901€42k€-9k▼
Financial income75/76B€70€1▼
Recurring financial income75€70€1▼
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€35k€-17k▼
Income taxes67/77€11k€251▼
Profit (loss) for the period9904€25k€-17k▼
Profit (loss) for the period to be appropriated9905€25k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€-17k▼
Transfer to equity691/2€25k-
To other reserves6921€25k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · PTZ CONSTRUCT BV GERAARDSBERGSESTEENWEG(SPK) 11, 1541 SINT-PIETERS- KAPELLE · event 28-04-2026
2024
26-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · PTZ CONSTRUCT BV GERAARDSBERGSESTEENWEG(SPK) 11, 1541 SINT-PIETERS- KAPELLE · event 20-08-2024
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
31-12
Financial
Weakest financial yearnet €-17k ▼168%
Net result drops to €-17k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €46k
Net result €46k after 2 loss-making years.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Pajottegem
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Geraardsbergsesteenweg(SPK) 111541 PajottegemGround area
1,497 m²
Building footprint
121 m²
Volume, LiDAR
721 m³
Parcel 23076C0518/00Y002, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23076C0518/00Y002 | Flanders | 1,497 m² | 1 · 121 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Johan MOMMAERTS SINT-MAARTENSTRAAT 53,
3000 LEUVEN |
20-08-2024 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 108 EUR awarded · 108 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 108 EUR | 108 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,292 companies in sector 68122 we hold annual accounts for 901. 480 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-2002
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
41001General construction of residential buildings
68121Development of residential building projects
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
77120Rental and leasing activities
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.