Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PDF 2 Construct from Waregem, company number BE0742858860, closed financial year 2025 with a result of € 16,791 after tax. For that financial year PDF 2 Construct recorded a gross margin of € 19,012 and equity of € 545,760. Compared with financial year 2024, the result moved from € -27,985 to € 16,791. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 16, 2025.
€ 545,760
▲ € 516,791 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,791
▲ still € 27,985 loss in 2024
Profit after tax over the fiscal year.
€ 411,067
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -15,740.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 13.6 million
▲ 27% vs 2024
Loans from banks and other lenders, long and short.
€ 2.6 million
▲ 196% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 0 | € -382 | € -23,073 | € 19,012 | ▲ € 42,086 |
| Profit after taxes | € -804 | € -1,335 | € -27,985 | € 16,791 | ▲ € 44,777 |
| Equity | € 58,288 | € 56,953 | € 28,968 | € 545,760 | ▲ € 516,791 |
| Total debts | € 3,606,292 | € 7,848,960 | € 12,716,937 | € 18,246,314 | ▲ 43% |
| Cash | € 429,106 | € 761,373 | € 938,037 | € 411,067 | ▼ 56% |
| Retained profit | € -3,212 | € -4,547 | € -32,532 | € -15,740 | ▲ € 16,791 |
| Bank debt | € 2,561,100 | € 6,421,300 | € 10,718,300 | € 13,576,892 | ▲ 27% |
| Balance sheet total | € 3,664,580 | € 7,905,913 | € 12,745,905 | € 18,792,073 | ▲ 47% |
Key figures of PDF 2 Construct, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PDF 2 Construct?
What happened at PDF 2 Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,791. Source: NBB ↗
- High 5 Investments BV stepped down as director. NBB
- Davy DEMUYNCK stepped down as director. NBB
- Mark Hillewaere stepped down as director. NBB
- Kristof VANFLETEREN stepped down as director. NBB
- Mark Hillewaere became a director. NBB
- New establishment in Waregem. KBO
- High 5 Investments BV became a director. NBB
In short
From € 805 loss in 2022 to € 16,791 profit in 2025.
Best year ever: 2025, with € 16,791 profit.
Management
The stake of Premier Development Fund 2 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PDF 2 ConstructThe shares are held by Premier Development Fund 2 (100%).
Directors
According to the 2025 annual accounts
Director · represented by Dirk MERTENS
Also active at: RODEKRUISPLEIN, Nieuw-Land, Nieuw-Construct, Premier Development Fund 2, De Tolhuizen Galgenberg, SDRE INVEST, PDF 2 PROJECT, PDF 2 Invest +5 more
since 2020 · until 2025
Davy DEMUYNCK
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO, RIKOTAL +133 more
since 2020 · until 2025
Mark Hillewaere
Director
Also active at: RODEKRUISPLEIN, Premier Development Fund 2, SDRE INVEST, PDF 2 PROJECT, PDF 2 Invest, PDF 2 Land, Foncière Diegem, CAPRONNIER INVEST +2 more
since 2024 · until 2025
Kristof VANFLETEREN
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2020 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+68 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0742.858.860
- VAT number
- BE 0742.858.860
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- PDF 2 Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2020
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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