PP ACTIVE
Overview
Lifetime
1 annual account with figuresKey points
from the 2025 annual accountsPosition in the sector
Lower net result than 87% of companies in wholesale trade. Sector median €5,626 · 13,803 companies.
Checked score
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Financial strengthAverage
Score breakdown
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 66% of them on solvency, 45% on liquidity and 13% on profitability.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 584 companies had the same profile as PP ACTIVE has now. Each dot stands for 2 companies, two years later.
The bankruptcy probability of PP ACTIVE itself is higher: 2.6% within 12 months. It rests on far more data about PP ACTIVE than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 584 companies, not a prediction for PP ACTIVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Liquidity is ample, with a current ratio of 2.27, above the usual 1.5. Short-term debt is 39.9% and cash 12.1% of total assets. 39.9% of the assets are financed with debt and provisions.
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Signals
Searched, nothing found (1)
Recent changes
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PP ACTIVE Uccle | €136,328 | -€11,345 | 60.1% | - |
| YEMANA Anderlecht | €48,358 | -€3,125 | -15.1% | - |
| ACS BELGIUM Waterloo | €79,802 | -€15,412 | 5.8% | - |
| FADI & AISHA BAZIN Ixelles | €36,709 | €136 | 97.7% | - |
| THRIFT STORE Brussels | €49,698 | €2,078 | -0.7% | - |
| NEW ERA CAP BELGIUM Antwerp | €49,816 | €5,069 | 22.1% | - |
| Flexitrade Koksijde | €124,823 | -€38,300 | 59.9% | - |
These companies have the same main activity as PP ACTIVE: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €36,700 and €125,000, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 19-11-2024Normal situation
- Activity
- Agents in the wholesale of textiles, clothing, fur, footwear and leather goodsNACE 46160and 1 other
- Establishment unit
- 2.366.986.0801050 Ixelles, since 19-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 27-01-2026
Insights on PP ACTIVE
The computed 12-month bankruptcy probability of PP ACTIVE is 2.6% (moderate). The 2025 annual accounts show equity of €81,871 and a net result of -€18,129.
Its solvency ranks better than 66% of 13,797 sector peers (NACE 46, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 11-08-2026, 11 days lateTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €136,328 on 31-12-2025Position in the sector
60.1%
Higher than 66% of 13,797 companies in 2025.
2.27
Higher than 62% of 13,178 companies in 2025.
-13.3%
Higher than 14% of 13,357 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
136,328 | |
21/28 |
12,845 | |
21 |
12,845 | |
29/58 |
123,483 | |
3 |
53,889 | |
30/36 |
53,889 | |
40/41 |
53,130 | |
40 |
51,806 | |
41 |
1,325 | |
54/58 |
16,464 | |
| Balance sheet: equity and liabilities | ||
10/49 |
136,328 | |
10/15 |
81,871 | |
10/11 |
100,000 | |
14 |
-18,129 | |
17/49 |
54,456 | |
42/48 |
54,456 | |
44 |
54,018 | |
440/4 |
54,018 | |
47/48 |
439 | |
| Income statement | ||
9900 |
-11,345 | |
630 |
6,772 | |
9901 |
-18,117 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
12 | |
65 |
12 | |
9903 |
-18,129 | |
9904 |
-18,129 | |
9905 |
-18,129 | |
| Appropriation of the result | ||
9906 |
-18,129 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 11-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 11 days after the deadline. Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00396675.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-08-2026 | 2026-00396675 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -11,345 | ||
| -11,357 | ||
| 19,617 | ||
| 69,027 | ||
| 60.1% | ||
| 2.27 | ||
| 1.28 | ||
| 0.67 | ||
| -22.1% | ||
| -13.3% | ||
| -933.73 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Intangible fixed assets | €19,617 |
| €6,772 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on PP ACTIVE
Debt's share of the balance-sheet total is 39.9%.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 21-11-2024
Mandates through the years
1 name, the dashed line is todayMandates as a list
- Madame LEFORT Géraldine Philippe Pascale
- Director, appointed by deed of 21-11-2024, still in office
Control
Capital
- Contribution
- €100,000
- Shares
- 100
- Contribution per share
- €1,000
- Equity per share
- €819 in 2025
- Source
- deed of 21-11-2024
Articles of association
deed of 21-11-2024 (in French)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 12:00
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Situation active et passive arrêtée à date ne remontant pas à plus de trois mois, justificatif établi par organe d'administration annoncé à…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Met fin aux pouvoirs organe d'administration, non requise si dettes qu'à l'égard actionnaires et tous actionnaires créanciers confirment par…”
Shareholders
- LEFORT Géraldine Philippe Pascale 100 shares (100%) · €100,000 in cash
Network & group
No group
PP ACTIVE has no parent and no holdings in its annual accounts. Madame LEFORT Géraldine Philippe Pascale is the only director. PP ACTIVE shares no director with another company.
At the same address
Sterrenkundigenstraat 14, 1180 Uccle · 2 other companies| Association des copropriétaires à Uccle, rue des Astronomes 14, Résidence des Quatre Saisons
registered office since 02-05-2013 |
founded in 2013 0747.941.759 |
| ERIC-DECO
registered office since 31-03-1988 |
founded in 1988 0434.059.657 |
Timeline
Timeline
5 events since 2024
Registered office moved from Ixelles to UccleNew registered office: Rue des Astronomes 14, 1180 Uccle · Previous registered office: Rue Fritz Toussaint 51 bte 14, 1050 Ixelles · Board meeting of 21-11-20252 points ▸
- Board meeting, 21-11-2025
- Registered-office move, Rue des Astronomes 14, 1180 Uccle
IncorporationFounding capital of €100,000, 100 shares · Founder: LEFORT Géraldine Philippe Pascale · Appointment: LEFORT Géraldine Philippe Pascale (director) · published on 21-11-20245 points ▸
- Founder, LEFORT Géraldine Philippe Pascale
- Founding capital, €100,000, 100 shares
- 100 shares
- Registered office clause, Rue Fritz Toussaint 51 boîte 14, 1050 Ixelles
- Director appointment, LEFORT Géraldine Philippe Pascale
- The deed holds 5 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
PP ACTIVE was incorporated on 19 November 2024 as a private limited company by one natural person, with a starting capital of €100,000.12 The registered office was moved to Uccle in 2026.3 Madame LEFORT Géraldine Philippe Pascale is director of the company, appointed by deed of 21-11-2024.2
Company details
Identity
- Enterprise number
- 1016.349.865
- VAT number
- BE 1016.349.865
- Peppol ID
- 0208:1016349865
- Other Peppol ID
- 9925:BE1016349865
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 19-11-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 12:00deed of 21-11-2024 (in French)
- Peppol
- Reachable since 27-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PP ACTIVE in French
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 21-11-2024 (in French)
Activities
NACEBEL 2025Codes under NACEBEL 2008
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’intermédiaire du commerce,l’importation,le commerce et la vente en gros et au détail,la confection,l’achat et la vente,l’import et…”deed of 21-11-2024 (in French)
6 activities
- L’intermédiaire du commerce,l’importation,le commerce et la vente en gros et au détail,la confection,l’achat et la vente,l’import et l’export de textiles,de vêtements de sport,de vêtements et accessoires de vêtements en cuir,de tous tissus,étoffes,cuir et pelleteries,tissus d’habillement et d’ameublement,pour hommes,femmes,enfants et articles et accessoires
- L’organisation et l’animation sportive au sein des entreprises et auprès des personnes privées,l’organisation de manifestations à caractère sportif,l’organisation et l’animation en Belgique et à l’étranger,l’achat,la vente,la location de matériel sportif
- La création,la promotion,la gestion et l’organisation de tous types d’évènements de n’importe quelle nature,tant sportif que culturel,fêtes,réceptions,réunions,séminaires,expositions,visites,spectacles,loisirs,festivals,manifestations,salons,foires,assemblées,meetings
- Toute activité de gestion,d’administration,de direction et d’organisation.Elle pourra dans ce cadre,notamment assurer la gestion journalière et la représentation de toutes personnes,liées ou non
- La prise de participations,sous quelque forme que ce soit,dans toutes sociétés belges ou étrangères,l’acquisition par voie d’achat,de souscription,d’échange ou de toute autre manière,ainsi que l’aliénation par vente,échange ou toute autre manière,d’actions,d’obligations,de bons de valeurs mobilières de toutes espèces,la gestion,au sens le plus large du terme,l’amélioration et la mise en valeur du portefeuille qui lui sera apporté,qu’elle acquerra ou dont elle détiendra tout droit
- La constitution et la gestion d'un patrimoine immobilier et la location-financement de biens immeubles aux tiers,l'acquisition par l'achat ou autrement,la vente,l'échange,la construction,la transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens immobiliers,ainsi que toutes opérations qui,directement ou indirectement sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine immobilier,de même que se porter caution pour la bonne fin d'engagements pris par des tiers qui auraient la jouissance de ces biens immobiliers
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Sterrenkundigenstraat 14 registered office 1180 Uccle | ||
| Fritz Toussaintstraat 51 1050 Ixelles | 19-11-2024 | 2.366.986.080 |
1 former office
- Rue Fritz Toussaint 51 bte 14, 1050 Ixelles until 21-11-2025 · deed of 27-01-2026
Buildings and parcels at the addresses
- Ground area
- 2,967 m²
- Buildings
- 697 m²
- Volume, LiDAR
- 8,786 m³
- Tallest building
- 16.4 m
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21443C0219/02G008 | 1,987 m² | 1 · 343 m² | 16.4 m · 5 |
| 21612C0289/00L009 | 980 m² | 1 · 354 m² | 16.1 m · 4 |