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PGE CONSTRUCT

Active
Private limited company·Bouwrijp maken van terreinen· 2 yrs active
Voldersstraat 74 ·1000 Brussel, Belgium
KBO/BCE: BE 1008.386.858
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Age2 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of PGE CONSTRUCT is 5.1% (elevated). The 2024 annual accounts show equity of €16k and a net result of €16k. Its solvency ranks better than 15% of 498 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
5.1% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 498 sector peers (2024).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-11-2025, 111 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 19-11-2025 111 d late 2025-00568416

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€184k
EBIT margin11.4%
Net result€16k
Working capital€15k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 19-11-2025 with the NBB · fiscal year 2024 · volledig
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 8.3% 36.6%
better than 15% of 498 sector peers
Net result €16k €19k
better than 46% of 496 sector peers
Equity €16k €90k
better than 19% of 498 sector peers
Gross operating margin €21k €110k
better than 22% of 467 sector peers
Total assets €189k €364k
better than 39% of 498 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositvolledig
Revenue€184k
EBITDA€21k
Net profit€16k
Cash flow€16k
Staff costs-
Income taxes€5k
Dividends-
Total assets€189k
Equity€16k
Debt€173k
of which ≤ 1y€173k
of which > 1y-
Working capital€15k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.08
Quick ratio1.08
Working capital ratio7.7%
Solvency8.3%
Debt / equity11.07
Long-term debt ratio-
Interest coverage-
Gross margin11.5%
Net margin8.5%
ROA8.3%
ROE100.0%
EBITDA margin11.4%
Days sales outstanding367d
Days payable outstanding377d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€189k
Fixed assets 21/28€1k
Tangible fixed assets 22/27€1k
Current assets 29/58€188k
Amounts receivable within one year 40/41€188k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€189k
Equity 10/15€16k
Contributions / capital 10/11€0
Accumulated profits (losses) 14€16k
Amounts payable 17/49€173k
Amounts payable within one year 42/48€173k
Trade debts payable within one year 44€168k
Income statement
Turnover 70€184k
Gross operating margin 9900€21k
Operating result 9901€21k
Result before taxes 9903€21k
Income taxes 67/77€5k
Net result for the period 9904€16k
Result to be appropriated 9905€16k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
68 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Voldersstraat 741000 Brussel

Establishment units

1 location
Voldersstraat 74, 1000 Brussel
Bouwrijp maken van terreinen
since 20242.358.387.328
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area152 m²
Buildings1
Building footprint66 m²
Volume (LiDAR)1,184 m³
Tallest building20.9 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21810L2210/00F010 Brussels 152 m² 1 · 66 m² 20.9 m · 6 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health68Profitability75Solvency19Growth-Stability67
57 / 100

Mixed profile: strong on profitability, weaker on solvency.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 68
Profitability 75
Solvency 19
Growth -
Stability 67

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Proefboren en boren43130Proefboren en boren43130Installatie van isolatie43230Overige bouwinstallatie43240Isolatiewerkzaamheden43291Overige bouwinstallatie, n.e.g.43299Gevelreiniging43992Overige reiniging van gebouwen; industriële reiniging81220
Primary activity highlighted.
Names & trade names
Legal nameFR PGE CONSTRUCT
Registered office
Voldersstraat 74 bus 2
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.