Turnover
≈ €180,000 estimated
The micro format states no turnover.
PWS Construct
Overview
Lifetime
2 annual accounts with figures on one time axispeak €43,753 (2025)
€43,753▲ 32.2%
peak €23,585 (2025)
€23,585▲ 33.6%
peak €46,232 (2025)
€46,232▲ 104%
€25,529▼ 52.9%
Board1 name since 2024
1 directorPALET Sam
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €33,089 to €43,753Result from €17,648 to €23,585Equity from €22,648 to €46,232Debts from €54,189 to €25,529
Key points
from the 2025 annual accountsLiquidity
1.76 was 0.85 in 2024
Short-term debts fell from €54,189 to €25,529.
Starting capital
€5,000 100 shares
Checked score
54
Fair
Financially stronger than 80% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,399 companies (NACE 33, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 3.8%
04-2025: 3.9%▲ +0.1 percentage points vs 03-2025
05-2025: 4.0%▲ +0.1 percentage points vs 04-2025
06-2025: 4.5%▲ +0.5 percentage points vs 05-2025
07-2025: 4.2%▼ -0.3 percentage points vs 06-2025
08-2025: 4.5%▲ +0.3 percentage points vs 07-2025
09-2025: 4.6%▲ +0.1 percentage points vs 08-2025
10-2025: 4.6%● unchanged vs 09-2025
11-2025: 4.7%▲ +0.1 percentage points vs 10-2025
12-2025: 4.7%● unchanged vs 11-2025
01-2026: 4.7%● unchanged vs 12-2025
02-2026: 4.9%▲ +0.2 percentage points vs 01-2026highest value
03-2026: 3.7%▼ -1.2 percentage points vs 02-2026
04-2026: 3.7%● unchanged vs 03-2026
05-2026: 3.7%● unchanged vs 04-2026
06-2026: 3.7%● unchanged vs 05-2026
07-2026: 3.7%● unchanged vs 06-2026
08-2026: 3.3%▼ -0.4 percentage points vs 07-2026
09-2026: 3.1%▼ -0.2 percentage points vs 08-2026
10-2026: 2.8%▼ -0.3 percentage points vs 09-2026
11-2026: 2.8%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Liquidity: current ratio 1.76
Size: total assets €71,762
Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
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 33, micro). It does better than 72% of them on solvency, 66% on liquidity, 90% on profitability and 91% 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 31-12-2025.
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 PWS 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 PWS Construct itself is higher: 2.8% within 12 months. It rests on far more data about PWS 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 PWS 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 €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.76 (0.85 in 2024), above the usual 1.5. Short-term debt is 35.6% of total assets. 35.6% 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 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
30 days early
2024
37 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 34 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- PALET Sam 99 sharesdeed of 15-02-2024
- BAERT Evy 1 sharedeed of 15-02-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005969182
Incorporation
Founding capital of €5,000, 100 shares · Founders: PALET Sam and BAERT Evy · Appointment: PALET Sam (director) · published on 15-02-2024 · Gazette deed
First establishment
Eedverbondlaan 43, Beveren-Kruibeke-Zwijndrecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PWS Construct Beveren-Kruibeke-Zwijndrecht | €71,762 | €43,753 | 64.4% | - |
| DiDe Pelt | €67,355 | €38,934 | 37.9% | - |
| AI SOLUTIONS Maasmechelen | €66,033 | €36,702 | 70.4% | - |
| CHARGE-FLUX Beringen | €87,464 | €49,907 | 37.6% | - |
| DNY Montage Industrial Berchem-Sainte-Agathe | €55,299 | €37,326 | 66.0% | - |
| STERICK PROJECTS Lochristi | €105,440 | €65,519 | 70.0% | - |
| TWD Belgium Leuven | €58,310 | €46,950 | 41.7% | - |
These companies have the same main activity as PWS Construct: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €55,300 and €105,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 13-02-2024Normal situation
- Activity
- Installation of industrial machinery and equipmentNACE 33200and 2 others
- Establishment unit
- 2.355.699.9339120 Beveren-Kruibeke-Zwijndrecht, since 13-02-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 23-09-2025
Annual accounts 2025
- €43,753▲ 32.2%
- €23,585▲ 33.6%
- €46,232▲ 104%
- €71,762▼ 6.6%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on PWS Construct
The computed 12-month bankruptcy probability of PWS Construct is 2.8% (moderate). The 2025 annual accounts show equity of €46,232 and a net result of €23,585.
Its solvency ranks better than 71% of 1,703 sector peers (NACE 33, financial year 2025). The company has been active since 2024 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 01-07-2026, 30 days before the deadline€43,753
▲ 32.2%
€30,586
▲ 35.2%
€23,585
▲ 33.6%
€19,291
▲ €27,241
64.4%
▲ 35.0 percentage points
1.76
▲ 0.90
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 ≈ €180,000. Estimated: probably between €110,000 and €320,000.
Balance sheet
balance sheet total €71,762 on 31-12-2025What the company ownsHow it is paid for
in euro
Position in the sector
64.4%
Higher than 71% of 1,703 companies in 2025.
1.76
Higher than 50% of 1,665 companies in 2025.
32.9%
Higher than 83% of 1,670 companies in 2025.
PWS Construct
Middle half of the sector
80% of the sector
Micro accounts in repair and installation of machinery (NACE 33)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · 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 |
71,762 | 76,837 | |
21/28 |
26,941 | 30,597 | |
22/27 |
23,341 | 30,597 | |
23 |
11,114 | 8,196 | |
24 |
12,227 | 22,401 | |
28 |
3,600 | - | |
29/58 |
44,821 | 46,240 | |
40/41 |
24,282 | 18,364 | |
40 |
24,282 | 18,364 | |
50/53 |
20,539 | 27,876 | |
| Balance sheet: equity and liabilities | |||
10/49 |
71,762 | 76,837 | |
10/15 |
46,232 | 22,648 | |
10/11 |
5,000 | 5,000 | |
14 |
41,232 | 17,648 | |
17/49 |
25,529 | 54,189 | |
42/48 |
25,529 | 54,189 | |
44 |
13,721 | 44,212 | |
440/4 |
13,721 | 44,212 | |
45 |
11,192 | 9,978 | |
450/3 |
11,192 | 9,978 | |
47/48 |
616 | - | |
| Income statement | |||
9900 |
43,753 | 33,089 | |
630 |
12,799 | 10,241 | |
640/8 |
369 | 233 | |
9901 |
30,586 | 22,614 | |
75/76B |
- | 0 | |
75 |
- | 0 | |
65/66B |
128 | 26 | |
65 |
128 | 26 | |
9903 |
30,458 | 22,588 | |
67/77 |
6,873 | 4,941 | |
9904 |
23,585 | 17,648 | |
9905 |
23,585 | 17,648 | |
| Appropriation of the result | |||
9906 |
41,232 | 17,648 | |
14P |
17,648 | - | |
| Document | |||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
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 |
|---|---|---|---|
| 43,384 | 32,855 | ||
| 36,384 | 27,888 | ||
| 9,143 | 40,838 | ||
| 19,291 | -7,949 | ||
| 64.4% | 29.5% | ||
| 1.76 | 0.85 | ||
| 0.55 | 2.39 | ||
| 51.0% | 77.9% | ||
| 32.9% | 23.0% | ||
| over 100 | over 100 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €5,543 | €40,838 |
| Financial fixed assets | €3,600 | - |
| €12,799 | €10,241 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on PWS Construct
The operating result for 2025 is 35% higher than in 2024.
Debt's share of the balance-sheet total falls from 70.5% to 35.6%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 13-02-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 01-07-2026
Mandates through the years
1 name, the dashed line is todayPALET Sam
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- PALET Sam
- Director (not named in the articles), from 13-02-2024 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €462 in 2025
- Source
- deed of 15-02-2024
Articles of association
deed of 15-02-2024 (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.
- “Benoemd met of zonder beperking van duur, kunnen hoedanigheid van statutair bestuurder hebben indien benoemd in statuten”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00
- 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 15-02-2024 ↗
- PALET Sam 99 shares (99%) · €4,950
- BAERT Evy 1 share (1%) · €50
Network & group
No group
PWS Construct has no parent and no holdings in its annual accounts. PALET Sam is the only director. PWS Construct shares no director with another company.
Timeline
Timeline
6 events since 2024Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 30 days before the deadline
2025
Liquidity more than doubled current ratio 1.76 The current ratio rises from 0.85 to 1.76. Short-term debt falls from €54,189 to €25,529.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1005969182
Annual accounts 2024 filed PDFmicro format · 37 days before the deadline
2024
IncorporationFounding capital of €5,000, 100 shares · Founders: PALET Sam and BAERT Evy · Appointment: PALET Sam (director) · published on 15-02-20246 points ▸
First establishment Eedverbondlaan 43, Beveren-Kruibeke-Zwijndrecht
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
Company details
Identity
- Enterprise number
- 1005.969.182
- VAT number
- BE 1005.969.182
- Peppol ID
- 0208:1005969182
- Other Peppol ID
- 9925:BE1005969182
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 13-02-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 15-02-2024 (in Dutch)
- Peppol
- Reachable since 23-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PWS Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 15-02-2024 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- PWS Constructdeed of 15-02-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 15-02-2024 (in Dutch)
Activities
NACEBEL 202533200
Installation of industrial machinery and equipment main activity
Codes under NACEBEL 2008
33200
Installation of industrial machinery and equipment main activity
28220
Manufacture of machinery and equipment not elsewhere classified
33120
Repair, maintenance and installation of machinery and equipment
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het ontwerpen, uittekenen, vervaardigen en plaatsen van alle metalen constructiewerken en delen daarvan; Oppervlaktebehandeling van metalen…”deed of 15-02-2024 (in Dutch)
13 activities
- Het ontwerpen, uittekenen, vervaardigen en plaatsen van alle metalen constructiewerken en delen daarvan
- Oppervlaktebehandeling van metalen, verspanend bewerken van metalen, warmtebehandeling van metaal enzoverder
- Schilderen van metalen constructies
- Vervaardigen van overige artikelen van metaal
- Monteren van niet-zelf vervaardigde metalen constructiewerken
- Boren, draaien, frezen, schaven, lappen, trekfrezen, vlakken, zagen, slijpen, lassen, enz. van metalen stukken
- Klein- en groothandel, de aan- en verkoop van allerhande machines en onderdelen
- Verhuur van alle materialen en machines
- Algemene bouwwerkzaamheden in coördinatie met onderaannemers
- Het bemiddelen in opdracht van derden, van overeenkomsten of diensten, het aanbrengen van zaken, cliënten, financiers of andere in de breedste zin. Hieronder kunnen begrepen worden alle transacties of handelingen die kaderen in een commissie-, agentuur-, distributie- of lastgevingsovereenkomst of enige andere overeenkomst waarbij de vennootschap als tussenpersoon, aanbrenger of distributeur optreedt
- Het drijven van handel voor eigen rekening of voor rekening van derden
- Het vormen van een portefeuille van aandelen, obligaties en roerende waarden, van Belgische of buitenlandse vennootschappen en/of openbare of private rechtspersonen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen voor eigen rekening zowel in volle- als blote eigendom of vruchtgebruik, ook in het kader van de bezoldiging van de bestuurder in natura, en de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Eedverbondlaan 43 registered office 9120 Beveren-Kruibeke-Zwijndrecht 25110 Manufacture of metal structures and parts of structures | 13-02-2024 | 2.355.699.933 |
Buildings and parcels at the address
- Ground area
- 279 m²
- Buildings
- 90 m²
- Tallest building
- 0.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46016G0783/00F004 | 279 m² | 1 · 90 m² | 0.1 m |