P.P.A.

P.P.A. has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,746 and a net result of €29,234. Equity is shrinking by about 30% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 27% of 11,715 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).