P-drop
ActiveSummary
P-drop has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,000 and a net result of €105,578. Equity is shrinking by ~48.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency26=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.1%
Return on assets
57.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31942 sector peers (2025).
NBB · sector comparisonPosition among 31942 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
23 d late
2024
15 d early
2023
33 d early
2022
17 d early
2021
11 d early
2020
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€2,000=
2024 · €2,000
Total assets
€182,901▼ 10.8%
2024 · €204,984
Net result
€105,578▲ 26.0%
2024 · €83,820
Working capital
-€48,314▲ 13.4%
2024 · -€55,820
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€72,690▲ 198%€95,074▲ 30.8%€122,739▲ 29.1%€107,847▼ 12.1%€137,001▲ 27.0%
Net result€57,701above the sector's middle half▲ 204%€74,691above the sector's middle half▲ 29.4%€92,878above the sector's middle half▲ 24.3%€83,820above the sector's middle half▼ 9.8%€105,578above the sector's middle half▲ 26.0%
Equity€78,702within the sector's middle half▲ 275%€53,393within the sector's middle half▼ 32.2%€46,270within the sector's middle half▼ 13.3%€2,000below the sector's middle half▼ 95.7%€2,000below the sector's middle half=
Total assets€108,611within the sector's middle half▲ 169%€205,491within the sector's middle half▲ 89.2%€245,739within the sector's middle half▲ 19.6%€204,984within the sector's middle half▼ 16.6%€182,901within the sector's middle half▼ 10.8%
Debt€29,909▲ 54.1%€152,098▲ 409%€199,468▲ 31.1%€202,984▲ 1.8%€180,901▼ 10.9%
Working capital€44,500within the sector's middle half▲ 260%€9,129within the sector's middle half▼ 79.5%-€15,434below the sector's middle half-€55,820below the sector's middle half▼ 262%-€48,314below the sector's middle half▲ 13.4%
Solvency72.5%within the sector's middle half▲ 20.5pp26.0%below the sector's middle half▼ 46.5pp18.8%below the sector's middle half▼ 7.2pp1.0%below the sector's middle half▼ 17.9pp1.1%below the sector's middle half▲ 0.1pp
Current ratio2.49within the sector's middle half▲ 0.851.06within the sector's middle half▼ 1.430.91below the sector's middle half▼ 0.150.71below the sector's middle half▼ 0.210.73below the sector's middle half▲ 0.02
Return on assets (ROA)53.1%above the sector's middle half▲ 6.1pp36.3%above the sector's middle half▼ 16.8pp37.8%above the sector's middle half▲ 1.4pp40.9%above the sector's middle half▲ 3.1pp57.7%above the sector's middle half▲ 16.8pp
Staff (FTE)11=1=
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182,901
Fixed assets
€53,421 ▼ 23.3%
Current assets
€129,480 ▼ 4.3%
Equity and liabilities €182,901
Equity
€2,000 =
Debt
€180,901 ▼ 10.9%
Debt's share of the balance-sheet total falls from 99.0% to 98.9%. Debt is lower.
Key figures and ratios
EBITDA
€157,890▲
2024 · €126,795
Cash flow
€126,466▲
2024 · €102,767
Debt to equity
90.45
Interest coverage
205.47▲
2024 · 130.79
Debt ≤ 1 year
€177,794▼
2024 · €191,189
Debt > 1 year
€3,107▼
2024 · €11,795
Income taxes
€30,655▲
2024 · €23,059
Staff costs
€57,383▲
2024 · €54,634
A ratio outside any meaningful range has been withheld (balance sheet total €182,901, equity €2,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,151 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,500 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €52,953 | €54,634 | €57,383 | ▲ 5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,646 | €7,798 | €16,381 | €18,948 | €20,888 | ▲ 10.2% |
| Other operating charges640/8 | €87 | €497 | €956 | €1,138 | €1,139 | ▲ 0.1% |
| Gross operating margin9900 | €77,423 | €103,369 | €193,030 | €182,567 | €216,412 | ▲ 18.5% |
| Operating profit (loss)9901 | €72,690 | €95,074 | €122,739 | €107,847 | €137,001 | ▲ 27.0% |
| Financial income75/76B | €0 | €1 | €0 | €0 | €0 | ▼ 97.5% |
| Recurring financial income75 | €0 | €1 | €0 | €0 | €0 | ▼ 97.5% |
| Financial charges65/66B | €72 | €563 | €2,928 | €969 | €768 | ▼ 20.7% |
| Recurring financial charges65 | €72 | €563 | €2,928 | €969 | €768 | ▼ 20.7% |
| Profit (loss) for the period before taxes9903 | €72,618 | €94,512 | €119,811 | €106,878 | €136,233 | ▲ 27.5% |
| Income taxes67/77 | €14,917 | €19,821 | €26,933 | €23,059 | €30,655 | ▲ 32.9% |
| Profit (loss) for the period9904 | €57,701 | €74,691 | €92,878 | €83,820 | €105,578 | ▲ 26.0% |
| Profit (loss) for the period to be appropriated9905 | €57,701 | €74,691 | €92,878 | €83,820 | €105,578 | ▲ 26.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108,611 | €205,491 | €245,739 | €204,984 | €182,901 | ▼ 10.8% |
| Fixed assets21/28 | €34,202 | €44,264 | €82,713 | €69,615 | €53,421 | ▼ 23.3% |
| Tangible fixed assets22/27 | €34,202 | €44,264 | €82,713 | €69,615 | €53,421 | ▼ 23.3% |
| Plant, machinery and equipment23 | €821 | €441 | €1,716 | €4,297 | €6,227 | ▲ 44.9% |
| Furniture and vehicles24 | €8,486 | €18,720 | €58,937 | €44,086 | €29,239 | ▼ 33.7% |
| Other tangible fixed assets26 | €24,894 | €25,103 | €22,060 | €21,232 | €17,956 | ▼ 15.4% |
| Current assets29/58 | €74,409 | €161,227 | €163,026 | €135,368 | €129,480 | ▼ 4.3% |
| Amounts receivable within one year40/41 | €22,234 | €59,425 | €45,840 | €64,375 | €68,060 | ▲ 5.7% |
| Trade receivables40 | €22,234 | €59,425 | €45,840 | €64,375 | €68,060 | ▲ 5.7% |
| Cash at bank and in hand54/58 | €51,552 | €87,131 | €103,547 | €61,099 | €56,293 | ▼ 7.9% |
| Deferred charges and accrued income490/1 | €623 | €14,671 | €13,639 | €9,894 | €5,127 | ▼ 48.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108,611 | €205,491 | €245,739 | €204,984 | €182,901 | ▼ 10.8% |
| Equity10/15 | €78,702 | €53,393 | €46,270 | €2,000 | €2,000 | = |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €76,702 | €51,393 | €44,270 | - | - | - |
| Amounts payable17/49 | €29,909 | €152,098 | €199,468 | €202,984 | €180,901 | ▼ 10.9% |
| Amounts payable after more than one year17 | - | - | €21,009 | €11,795 | €3,107 | ▼ 73.7% |
| Financial debts170/4 | - | - | €21,009 | €11,795 | €3,107 | ▼ 73.7% |
| Amounts payable within one year42/48 | €29,909 | €152,098 | €178,460 | €191,189 | €177,794 | ▼ 7.0% |
| Current portion of amounts payable after more than one year42 | - | - | €8,492 | €9,214 | €9,107 | ▼ 1.2% |
| Trade debts44 | - | €1,947 | €4,481 | €4,870 | €3,686 | ▼ 24.3% |
| Suppliers440/4 | - | €1,947 | €4,481 | €4,870 | €3,686 | ▼ 24.3% |
| Taxes, remuneration and social security45 | €29,500 | €66,907 | €65,457 | €60,574 | €60,433 | ▼ 0.2% |
| Taxes450/3 | €29,500 | €66,907 | €51,286 | €53,903 | €53,524 | ▼ 0.7% |
| Remuneration and social security454/9 | - | - | €14,172 | €6,671 | €6,909 | ▲ 3.6% |
| Other amounts payable47/48 | €409 | €83,244 | €100,029 | €116,531 | €104,568 | ▼ 10.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,701 | €74,691 | €92,878 | €83,820 | €105,578 | ▲ 26.0% |
| + Depreciation and write-downs630 | €4,646 | €7,798 | €16,381 | €18,948 | €20,888 | ▲ 10.2% |
| Operating cash flow (approximation) | €62,347 | €82,489 | €109,259 | €102,767 | €126,466 | ▲ 23.1% |
| Investment in fixed assets (approximation) | - | -€17,860 | -€54,830 | -€5,850 | -€4,694 | ▲ 19.8% |
| Change in cash | - | €35,579 | €16,415 | -€42,447 | -€4,807 | ▲ 88.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
31-12
Financial
Highest result since 2020net €105,578 ▲26%
Operating result €137,001, net result €105,578, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Lasne · 1 establishment unit since 2020
Ground area
617 m²
Building footprint
99 m²
Volume, LiDAR
636 m³
Parcel 25051F0266/00D002, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
P-drop
since 20202.311.798.624
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051F0266/00D002 | Wallonia | 617 m² | 1 · 99 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BITATS
BE 0629.714.397
Grimbergen · Eq €2,000
FORESTCO
BE 0646.716.618
Sprimont · Eq €2,000
OM Management
BE 0672.946.903
Boortmeerbeek · Eq €2,000
FRDT
BE 0700.319.214
Ferrières · Eq €2,000
VALO²
BE 0726.467.444
Wezembeek-Oppem · Eq €2,000
Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 8,243 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753561128
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.