P.P.R.-TEAM

Active

Private limited companyfounded 2004active for 22 yearsGraslei 6, 9000 Gent, BelgiumKBO/BCE: BE 0865.862.976

Summary

P.P.R.-TEAM has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €614,481. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 92% of 16,833 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

P.P.R.-TEAMActiveChecked score 94/100

Risk analysis Report Compare

Activity

Full-service restaurants

NACE 56111

2 sites

Size

€3.0mtotal assets 2025

Staff: 20.7 FTE
Equity: €2.5m
Profit: €614,481

Turnover not published (abbreviated or micro format)

Financial health

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Xiang AlessandroDirector

2025 accounts filed 45 days late2 of 14 deeds summarised

Why 94raises riskLast filed accounts filed 45 days late; 3 of the last 3 lateSector: Food and beverage service activities (NACE 56)lowers riskFounded in 2004Figures for financial year 2025 (filed 16-09-2026)Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 88% of its sector peers (NACE 56, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 82.7% of total assets

Liquidity 73-20

short-term debt 10.7% · cash 18.7%

Profitability 94-6

return on assets 20.5%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,616 companies, NACE 56, small)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.2%▼ -0.2 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026

Credit of up to €230,000 on 30-day terms is acceptable

Liquidity ample (current ratio 6.92, compared with 4.11 in 2024, above the usual 1.5; short-term debt: 10.7% and cash: 18.7% of total assets), and 17.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small): better than 97% on solvency, 85% on liquidity, 89% on profitability and 81% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Last filed accounts filed 45 days late; 3 of the last 3 late

NBB · filings

Sector: Food and beverage service activities (NACE 56)

KBO

Founded in 2004

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 16-09-2026)

NBB · annual accounts

2025 accounts filed 45 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

45 days late

2024

74 days late

2023

68 days late

2022

122 days late

2021

145 days late

2020

111 days late

2019

97 days late

← 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 95 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 October (4 of the last 5 filed years within 48 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

14-09-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Equity above €2mequity €2.5m ▲32.9%
13-10-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Positive: Among the best 5% on net resultsector median €4,889 · 16,811 companies €614,481 View
Caution: Staff fell in 2025from 28.5 FTE to 20.7 FTE ▼ 27.4% View
Positive: 5 profitable years in a rowprofit 2025: €614,481 5 years View

By topic

Financials

Financial year: 2025
Total assets: €3.0m
Profit: €614,481
Solvency: 82.7%

Total assets▲ 26.1%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member

Xiang AlessandroDirector

Go to Board & ownership

Timeline

Events: 29
Since: 2006
Next accounts: by 31-07-2027

07-07-2025Resignation: Matthys Niels (director)
07-10-2024Annual accounts filed
11-01-2024Resignation: Matthys Niels (manager)

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Full-service restaurantsNACE 56111
Founded: 18-06-2004
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 46

Who signs: Each director alone
Annual meeting: Last Monday of June at 14:00
Purpose: “De uitbating van één of meerdere restaurants, drankgelegenheden, tavernes, tea-rooms…” (deed in Dutch)

Go to Articles of association

Key facts about P.P.R.-TEAM

What is the company number of P.P.R.-TEAM?: 0865.862.976. In Belgium the VAT number is the company number with BE in front: BE 0865.862.976.
Where is P.P.R.-TEAM based?: The registered office is at Graslei 6, 9000 Gent.Company details
What does P.P.R.-TEAM do?: According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of P.P.R.-TEAM?: Private limited company (BV).
When was P.P.R.-TEAM founded?: On 18-06-2004.
Is P.P.R.-TEAM still active?: Yes, P.P.R.-TEAM is an active enterprise in the KBO register.
How many employees does P.P.R.-TEAM have?: On average 20.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of P.P.R.-TEAM?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is P.P.R.-TEAM profitable?: In financial year 2025, P.P.R.-TEAM made a profit of €614,481.
Where can I find the annual accounts of P.P.R.-TEAM?: P.P.R.-TEAM filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P.P.R.-TEAM due?: By 31-07-2027, for financial year 2026.Timeline