P & PLC

Active

Private limited companyfounded 201412 yrs activePannenhuisstraat 47, 1090 Jette, BelgiumKBO/BCE: BE 0546.855.910

The computed 12-month bankruptcy probability of P & PLC is 1.9% (moderate). The 2024 annual accounts show equity of €104k and a net result of €133k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 36373 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

64 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+11

Solvency56▼-44

Growth59=

Track record100

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €6k at 30 days acceptable

Liquidity tight (current ratio 1.35 against 6.05 in 2023; short-term debt: 68.8% and cash: 53.6% of total assets), and 69.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 27-06-2025, 3 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

3 d early

2023

5 d early

2022

10 d late

2021

28 d early

2020

9 d early

2019

4 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€456k▼ 15.7%

2020 · €541k

2018: €511k 2019: €496k 2020: €541k

2018 → 2021

EBIT margin

4.2%▼ 15.8pp

2020 · 20.1%

2018: 12.5% 2019: 7.0% 2020: 20.1%

2018 → 2021

Net result

€133k▲ 159%

2023 · €51k

2018: €22k 2019: €26k 2020: €81k 2021: €15k 2022: €29k 2023: €51k

2018 → 2024

Working capital

€81k▼ 66.3%

2023 · €240k

2018: €75k 2019: €101k 2020: €163k 2021: €178k 2022: €201k 2023: €240k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€541k-€456k▼ 15.7%

Equity€163k-€178k▲ 8.9%€207k▲ 16.3%€258k▲ 24.8%€104k▼ 59.8%

Operating result€109k-€19k▼ 82.3%€40k▲ 110%€71k▲ 75.2%€179k▲ 154%

Net result€81k-€15k▼ 81.9%€29k▲ 98.8%€51k▲ 77.0%€133k▲ 159%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 154% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €338k

92.7%

Fixed assets €25k▼ 9.4%

Current assets €313k▲ 8.8%

Equity and liabilities €338k

30.7%

69.3%

Equity €104k▼ 59.8%

Debt €234k▲ 312%

The debt ratio rises from 18.0% to 69.3%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€197k▲

2023 · €78k

Cash flow

€150k▲

2023 · €59k

Solvency

30.7%▼

2023 · 82.0%

Current ratio

1.35▼

2023 · 6.05

Quick ratio

1.35▼

2023 · 6.05

Debt / equity

2.26▲

2023 · 0.22

ROE

128.2%▲

2023 · 19.9%

ROA

39.4%▲

2023 · 16.3%

Interest coverage

227.37▲

2023 · 74.45

Debt

€234k▲

2023 · €57k

Debt ≤ 1 year

€232k▲

2023 · €48k

Debt > 1 year

€2k▼

2023 · €9k

Income taxes

€45k▲

2023 · €18k

Staff costs

€90k▲

2023 · €41k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€315k€338k▲

Fixed assets21/28€27k€25k▼

Tangible fixed assets22/27€27k€25k▼

Furniture and vehicles24€27k€25k▼

Current assets29/58€288k€313k▲

Amounts receivable within one year40/41€180k€131k▼

Trade receivables40€175k€128k▼

Other amounts receivable41€5k€3k▼

Cash at bank and in hand54/58€107k€181k▲

Deferred charges and accrued income490/1€1k€784▼

Equity and liabilities

Total equity and liabilities10/49€315k€338k▲

Equity10/15€258k€104k▼

Contributions10/11€6k€19k▲

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€250k€83k▼

Amounts payable17/49€57k€234k▲

Amounts payable after more than one year17€9k€2k▼

Financial debts170/4€9k€2k▼

Amounts payable within one year42/48€48k€232k▲

Current portion of amounts payable after more than one year42€9k€7k▼

Trade debts44€31k€41k▲

Suppliers440/4€31k€41k▲

Taxes, remuneration and social security45€8k€63k▲

Taxes450/3€4k€54k▲

Remuneration and social security454/9€4k€8k▲

Other amounts payable47/48-€121k

Income statement Code20232024

Remuneration, social security and pensions62€41k€90k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€17k▲

Other operating charges640/8€352€850▲

Gross operating margin9900€120k€287k▲

Operating profit (loss)9901€71k€179k▲

Financial income75/76B€73€41▼

Recurring financial income75€73€41▼

Financial charges65/66B€1k€865▼

Recurring financial charges65€1k€865▼

Profit (loss) for the period before taxes9903€70k€179k▲

Income taxes67/77€18k€45k▲

Profit (loss) for the period9904€51k€133k▲

Profit (loss) for the period to be appropriated9905€51k€133k▲

Appropriation of the result

Profit (loss) to be appropriated9906€250k€383k▲

Profit (loss) brought forward from the previous period14P€199k€250k▲

Profit to be distributed694/7-€300k

Return on contributions (dividend)694-€300k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 16Financial 6Filings 10

2025

27-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-11

Financial Highest result since 2018net €133k ▲159%

Operating result €179k, net result €133k, both a record.

25-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

10-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 10 days late

2022

30-11

Financial Equity above €200kEq €207k ▲16.3%

5 profitable years in a row build equity to €207k.

02-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-11

Financial Weakest financial yearnet €15k ▼81.9%

Net result drops to €15k, the lowest in the series; recovery starts the following year.

30-11

Financial Liquidity doublescurrent ratio 5.24

Current ratio from 2.61 to 5.24; short-term debt falls from €101k to €42k.

21-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

30-11

Financial Equity above €150kEq €163k ▲58.9%

3 profitable years in a row build equity to €163k.

26-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

30-11

Financial Equity above €100kEq €103k ▲33.1%

2 profitable years in a row build equity to €103k.

20-05

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

29-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

22-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

19-05

NBB filing Annual accounts filed

fiscal year 2015 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Jette · 1 establishment unit since 2014

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Pannenhuisstraat 471090 Jette

Ground area

66 m²

Building footprint

66 m²

Volume, LiDAR

423 m³

Parcel 21464D0114/00H002, Brussels · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

P & PLC

Pannenhuisstraat 47, 1090 JetteManufacture of fabricated metal products, except machinery and equipment

since 20142.227.254.612

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21464D0114/00H002	Brussels	66 m²	1 · 66 m²	11.4 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Recognised contractor

2 categories

P & PLC SRL41351

category P1, class 1 · category P2, class 1

decision 20-05-2021

Similar companies · same sector, comparable size

Hamont-Achel · Eq €104k

Dehennin & Zoon

BE 0886.407.081

Hoegaarden · Eq €104k

NCEE

BE 0759.504.060

Rebecq · Eq €104k

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,229 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded25-02-2014

Fiscal year end30-11

Activities, NACEBEL

43211General electrical installation work

43990Other specialised construction activities

43999Specialised construction activities

81210General cleaning of buildings

81220Other building cleaning and industrial cleaning

Sources

Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.