P&P
ActiveSummary
P&P has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of -€160,939. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability12▼-11
Solvency98▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.96 in 2024; short-term debt: 19.5% and cash: 1.6% of total assets), and 27.1% of the assets are financed with debt.
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Signals
Five 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€160,939
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
1 d early
2022
11 d early
2021
3 d early
2020
11 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 28 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€2.0m▼ 7.3%
2024 · €2.2m
Total assets
€2.8m▼ 10.3%
2024 · €3.1m
Net result
-€160,939▼ 617%
2024 · -€22,431
Working capital
€546,535▼ 15.6%
2024 · €647,783
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€42,454▲ 51.8%€302,562▲ 613%€1.4m▲ 372%€22,676▼ 98.4%-€155,334
Net result€40,142within the sector's middle half▲ 64.9%€204,344above the sector's middle half▲ 409%€1.0mabove the sector's middle half▲ 391%-€22,431below the sector's middle half-€160,939below the sector's middle half▼ 617%
Equity€1.0mwithin the sector's middle half▲ 4.0%€1.2mwithin the sector's middle half▲ 19.7%€2.2mabove the sector's middle half▲ 80.9%€2.2mabove the sector's middle half▼ 2.1%€2.0mabove the sector's middle half▼ 7.3%
Total assets€1.6mwithin the sector's middle half▲ 1.8%€1.8mwithin the sector's middle half▲ 15.1%€3.9mabove the sector's middle half▲ 120%€3.1mabove the sector's middle half▼ 20.7%€2.8mabove the sector's middle half▼ 10.3%
Debt€268,628▼ 4.4%€226,520▼ 15.7%€1.4m▲ 514%€704,383▼ 49.3%€551,291▼ 21.7%
Working capital€700,422above the sector's middle half▲ 1.1%€1.0mabove the sector's middle half▲ 46.3%€689,189above the sector's middle half▼ 32.7%€647,783above the sector's middle half▼ 6.0%€546,535above the sector's middle half▼ 15.6%
Solvency66.7%within the sector's middle half▲ 1.4pp69.4%within the sector's middle half▲ 2.7pp57.2%within the sector's middle half▼ 12.2pp70.5%within the sector's middle half▲ 13.4pp72.9%within the sector's middle half▲ 2.3pp
Current ratio8.18above the sector's middle half▼ 4.267.70above the sector's middle half▼ 0.481.51within the sector's middle half▼ 6.191.96within the sector's middle half▲ 0.452.01within the sector's middle half▲ 0.05
Return on assets (ROA)2.6%within the sector's middle half▲ 1.0pp11.4%within the sector's middle half▲ 8.8pp25.6%above the sector's middle half▲ 14.1pp-0.7%below the sector's middle half▼ 26.3pp-5.8%below the sector's middle half▼ 5.0pp
Staff (FTE)1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €155,334 after €22,676 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets
€1.7m ▼ 4.8%
Current assets
€1.1m ▼ 17.7%
Equity and liabilities €2.8m
Equity
€2.0m ▼ 7.3%
Provisions
€207,009 ▼ 3.1%
Debt
€551,291 ▼ 21.7%
Debt's share of the balance-sheet total falls from 22.6% to 19.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€67,966▼
2024 · €110,313
Cash flow
-€73,571▼
2024 · €65,205
Debt to equity
0.27▼
2024 · 0.32
ROE
-7.9%▼
2024 · -1.0%
Interest coverage
-0.39▼
2024 · 0.59
Debt ≤ 1 year
€543,807▼
2024 · €677,860
Debt > 1 year
€0▼
2024 · €4,691
Income taxes
€594▼
2024 · €32,920
Staff costs
€62,053▲
2024 · €60,456
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 12,321 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 | - | €331,721 | €1.7m | €53,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €53,166 | €57,347 | €60,456 | €62,053 | ▲ 2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62,128 | €56,855 | €210,492 | €87,637 | €87,368 | ▼ 0.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €72,036 | - | -€72,036 | €0 | ▲ 100% |
| Other operating charges640/8 | - | €19,541 | €17,613 | €13,026 | €16,838 | ▲ 29.3% |
| Gross operating margin9900 | €158,508 | €504,160 | €1.7m | €111,758 | €10,925 | ▼ 90.2% |
| Operating profit (loss)9901 | €42,454 | €302,562 | €1.4m | €22,676 | -€155,334 | ▼ 785% |
| Financial income75/76B | - | €16,706 | €84,566 | €168,899 | €164,099 | ▼ 2.8% |
| Recurring financial income75 | €18,854 | €16,706 | €84,566 | €168,899 | €164,099 | ▼ 2.8% |
| Financial charges65/66B | - | €30,820 | €53,037 | €188,095 | €175,774 | ▼ 6.6% |
| Recurring financial charges65 | €10,136 | €30,820 | €53,037 | €188,095 | €175,774 | ▼ 6.6% |
| Profit (loss) for the period before taxes9903 | €51,172 | €288,448 | €1.5m | €3,481 | -€167,009 | ▼ 4,898% |
| Transfer from deferred taxes780 | - | - | €28,091 | €7,008 | €6,664 | ▼ 4.9% |
| Income taxes67/77 | €11,030 | €84,104 | €482,953 | €32,920 | €594 | ▼ 98.2% |
| Profit (loss) for the period9904 | €40,142 | €204,344 | €1.0m | -€22,431 | -€160,939 | ▼ 617% |
| Transfer from tax-exempt reserves789 | - | - | €84,273 | €21,025 | €19,991 | ▼ 4.9% |
| Profit (loss) for the period to be appropriated9905 | €40,142 | €204,344 | €1.1m | -€1,406 | -€140,948 | ▼ 9,923% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.8m | €3.9m | €3.1m | €2.8m | ▼ 10.3% |
| Fixed assets21/28 | €755,825 | €610,691 | €1.9m | €1.8m | €1.7m | ▼ 4.8% |
| Tangible fixed assets22/27 | €745,081 | €599,947 | €1.9m | €1.8m | €1.7m | ▼ 4.8% |
| Land and buildings22 | - | €562,282 | €1.7m | €1.6m | €1.6m | ▼ 2.6% |
| Plant, machinery and equipment23 | - | €2,766 | €2,058 | €1,372 | €686 | ▼ 50.0% |
| Furniture and vehicles24 | - | €34,899 | €193,735 | €150,124 | €108,179 | ▼ 27.9% |
| Financial fixed assets28 | €10,744 | €10,744 | €10,744 | €10,744 | €10,744 | = |
| Current assets29/58 | €798,030 | €1.2m | €2.1m | €1.3m | €1.1m | ▼ 17.7% |
| Amounts receivable within one year40/41 | €609,989 | €576,544 | €11,468 | €113,259 | €336,529 | ▲ 197% |
| Other amounts receivable41 | - | €576,544 | €11,468 | €113,259 | €336,529 | ▲ 197% |
| Current investments50/53 | - | €181,647 | €1.7m | €1.2m | €681,565 | ▼ 40.9% |
| Cash at bank and in hand54/58 | €175,704 | €392,344 | €360,333 | €52,487 | €45,585 | ▼ 13.1% |
| Deferred charges and accrued income490/1 | - | €26,901 | €6,240 | €6,648 | €26,663 | ▲ 301% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.8m | €3.9m | €3.1m | €2.8m | ▼ 10.3% |
| Equity10/15 | €1.0m | €1.2m | €2.2m | €2.2m | €2.0m | ▼ 7.3% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | - | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Issued capital100 | - | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €897,775 | €990,799 | €2.0m | €1.9m | €1.8m | ▼ 8.3% |
| Non-distributable reserves130/1 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Legal reserve130 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Tax-exempt reserves132 | - | €746,316 | €662,043 | €641,018 | €621,028 | ▼ 3.1% |
| Distributable reserves133 | - | €182,510 | €1.3m | €1.2m | €1.1m | ▼ 11.3% |
| Profit (loss) carried forward14 | -€111,320 | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €248,772 | €320,808 | €292,717 | €213,673 | €207,009 | ▼ 3.1% |
| Provisions for liabilities and charges160/5 | - | €72,036 | €72,036 | €0 | - | - |
| Environmental obligations163 | - | €72,036 | - | €0 | - | - |
| Other liabilities and charges164/5 | - | - | €72,036 | - | - | - |
| Deferred taxes168 | - | €248,772 | €220,681 | €213,673 | €207,009 | ▼ 3.1% |
| Amounts payable17/49 | €268,628 | €226,520 | €1.4m | €704,383 | €551,291 | ▼ 21.7% |
| Amounts payable after more than one year17 | €158,003 | €72,185 | €24,495 | €4,691 | €0 | ▼ 100% |
| Financial debts170/4 | - | €72,185 | €24,495 | €4,691 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €97,608 | €152,972 | €1.4m | €677,860 | €543,807 | ▼ 19.8% |
| Current portion of amounts payable after more than one year42 | - | €45,413 | €47,690 | €19,804 | €4,691 | ▼ 76.3% |
| Financial debts43 | - | - | €398 | €200,413 | €146,010 | ▼ 27.1% |
| Credit institutions430/8 | - | - | €398 | €200,413 | €146,010 | ▼ 27.1% |
| Trade debts44 | €5,202 | €21,639 | €30,655 | €2,703 | €20,731 | ▲ 667% |
| Suppliers440/4 | - | €21,639 | €30,655 | €2,703 | €20,731 | ▲ 667% |
| Taxes, remuneration and social security45 | - | €85,920 | €377,009 | €38,489 | €10,958 | ▼ 71.5% |
| Taxes450/3 | - | €85,807 | €376,753 | €38,167 | €10,552 | ▼ 72.4% |
| Remuneration and social security454/9 | - | €113 | €256 | €322 | €406 | ▲ 26.2% |
| Other amounts payable47/48 | - | - | €905,165 | €416,451 | €361,417 | ▼ 13.2% |
| Accrued charges and deferred income492/3 | - | €1,364 | €4,595 | €21,832 | €7,484 | ▼ 65.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,142 | €204,344 | €1.0m | -€22,431 | -€160,939 | ▼ 617% |
| + Depreciation and write-downs630 | €62,128 | €56,855 | €210,492 | €87,637 | €87,368 | ▼ 0.3% |
| Operating cash flow (approximation) | €102,270 | €261,199 | €1.2m | €65,205 | -€73,571 | ▼ 213% |
| Investment in fixed assets (approximation) | - | €88,279 | -€1.5m | €0 | -€1,974 | - |
| Change in cash | - | €216,640 | -€32,011 | -€307,846 | -€6,901 | ▲ 97.8% |
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
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet -€160,939
Net result drops to -€160,939, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €1.0m ▲391%
Operating result €1.4m, net result €1.0m, both a record.
30-06
Financial
Equity above €2mEq €2.2m ▲80.9%
5 profitable years in a row build equity to €2.2m.
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €1mEq €1.0m ▲4%
3 profitable years in a row build equity to €1.0m.
11-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Halle · 1 establishment unit since 1987
Ground area
730 m²
Building footprint
863 m²
Volume, LiDAR
5,259 m³
Parcel 23027G0126/00X000, Flanders · tallest building 18.4 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Basiliekstraat 54, 1500 Halle
since 19872.031.687.764
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23027G0126/00X000 | Flanders | 730 m² | 1 · 863 m² | 18.4 m · 1 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the annual accounts to 30-06-2025 of P&P and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
69940095AWJP0RMQ2R04
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,623. 19,975 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-08-1986
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
Phone
023565074Halle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429426918
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.