Active BE 0478.576.224Private limited company

PTZ Construct

Geraardsbergsesteenweg(SPK) 11 ·1541 Pajottegem, Belgium· 23 yrs active

Sector: Real estate activities (68122)

Conclusion Checked

The file of PTZ Construct contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 0.5% (low). The 2022 annual accounts show equity of €55k and a net result of €-17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 3187 sector peers (fiscal year 2022).

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€55k
Net result	€-17k
Staff (FTE)	1
Better than sector	40%

Snowflake analysis 5 of 5 axes measured · computed by Checked

17 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 20

Profitability 0

Solvency 9

Growth 58

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

0.5% Low

0%0,5%1,5%4%10%≥25%

Annual accounts: weaker financial profile +Lower-failure-rate sector −Long track record −

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

Risk Assessment rule-based

20 / 100

Moderate risk

Components

· 2 historical bankruptcy publications (+20)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2022 · computed

20 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 30-11-2023 with the NBB · fiscal year 2022 · micro

Operating resultNet result

Sector comparison

Fiscal year 2022 · NACE 68, Real estate activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	10.2%	20.1%	better than 40% of 3187 sector peers
Net result	€-17k	€2k	better than 20% of 3179 sector peers
Equity	€55k	€26k	better than 64% of 3190 sector peers
Gross operating margin	€69k	€21k	better than 76% of 3173 sector peers
Staff costs	€47k	€22k	higher than 72% of 488 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€15k

-82.6% -82% vs sector

Net profit

€-17k

- far below sector median

Cash flow

€7k

-89.3% -79% vs sector

Total assets

€537k

-1.7% -36% vs sector

Equity

€55k

-23.5% -53% vs sector

Working capital

€-141k

-219.2% far below sector median

Employees (FTE)

1

+11.1% 18-22

Staff costs

€47k

+24.5% 18-22

Income taxes

€251

-97.6% -97% vs sector

Dividends

€18k

-34.5% -66% vs sector

Debt

€482k

+1.6% -33% vs sector

Debt ≤ 1y

€355k

+25.5% +54% vs sector

Debt > 1y

€128k

-33.5% -97% vs sector

Current ratio

0.60

-28.6% -59% vs sector

Quick ratio

0.60

-28.6% -59% vs sector

Solvency

10.2%

-22.3% -31% vs sector

Debt / equity

8.82

+32.9% +52% vs sector

ROE

-30.8%

- far below sector median

ROA

-3.1%

- far below sector median

Interest coverage

2.03

-84.2% -69% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Revenue	-
EBITDA	€15k
Net profit	€-17k
Cash flow	€7k
Staff costs	€47k
Income taxes	€251
Dividends	-
Total assets	€537k
Equity	€55k
Debt	€482k
of which ≤ 1y	€355k
of which > 1y	€128k
Working capital	€-141k
Employees (FTE)	1.0

Ratios (computed)

	2022
Current ratio	0.60
Quick ratio	0.60
Working capital ratio	-26.2%
Solvency	10.2%
Debt / equity	8.82
Long-term debt ratio	2.34
Interest coverage	2.03
Gross margin	-
Net margin	-
ROA	-3.1%
ROE	-30.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €323k · 60.2% Current assets €214k · 39.8%

Equity & liabilities

Equity €55k · 10.2% Debt €482k · 89.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€537k
Fixed assets	21/28	€323k
Tangible fixed assets	22/27	€323k
Current assets	29/58	€214k
Amounts receivable within one year	40/41	€202k
Cash & bank	54/58	€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€537k
Equity	10/15	€55k
Reserves	13	€72k
Accumulated profits (losses)	14	€-17k
Amounts payable	17/49	€482k
Amounts payable after one year	17	€128k
Amounts payable within one year	42/48	€355k
Trade debts payable within one year	44	€215k
Income statement
Gross operating margin	9900	€69k
Operating result	9901	€-9k
Financial income	75	€1
Financial charges	65	€7k
Result before taxes	9903	€-17k
Income taxes	67/77	€251
Net result for the period	9904	€-17k
Result to be appropriated	9905	€-17k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	Johan MOMMAERTS SINT-MAARTENSTRAAT 53, 3000 LEUVEN ↔ Also on 166 other cases	20-08-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	Real estate activities(68122)
Legal form	Private limited company(610)
Incorporation	16-10-2002
Status	Active
Postal code	1541
First BS signal	26-08-2024
Latest BS signal	07-05-2026

Company structure, linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Establishment units 1 location

PTZ COSNTRUCT

Geraardsbergsesteenweg(SPK) 11, 1541 PajottegemOntwikkeling van residentiële bouwprojecten

since 20092.183.810.983

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23076C0518/00Y002	Flanders	1,497 m²	1 · 121 m²	9.3 m · 2 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.

Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

07-05-2026

Bankruptcy Bankruptcy closure (by liquidation)

Ondernemingsrechtbank Brussel · PTZ CONSTRUCT BV GERAARDSBERGSESTEENWEG(SPK) 11, 1541 SINT-PIETERS- KAPELLE · event 28-04-2026

2024

26-08-2024

Bankruptcy Opening

Ondernemingsrechtbank Brussel · PTZ CONSTRUCT BV GERAARDSBERGSESTEENWEG(SPK) 11, 1541 SINT-PIETERS- KAPELLE · event 20-08-2024

2023

30-11-2023