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PP concept

Active Private limited companyfounded 2020active for 5 yearsRue de la Chapelle,Framont 3, 6853 PaliseulKBO/BCE: BE 0759.554.045 #4 company by equity in Paliseul, Construction sector

Lifetime

5 annual accounts with figures on one time axis
peak €177,607 (2025)
€177,607▲ 76.2%
peak €542,164 (2025)
€542,164▲ 26×
peak €646,888 (2025)
€646,888▲ 518%
€395,051▼ 6.1%
Board5 names since 2020
1 director
Documentsfilings and deeds
05-05-202687 days before the deadline
2025micro format
Gross margin from €100,785 to €177,607Result from €20,814 to €542,164Equity from €104,724 to €646,888Investments €168,682Cash from €50,707 to €582,159

Key points

from the 2025 annual accounts

Equity

€646,888 ▲ 518%

PP concept has made a profit in every financial year since 2021.

Result

€542,164 ▲ 26×
€20,8002024€542,0002025

The result rose in 2025 from €20,814 to €542,164.

Turnover

≈ €580,000 estimated

The micro format states no turnover.

Investments

€168,682 2.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 293.0% higher than in 2024.

Board

1 joined

New director. Latest change 06-01-2026 · 2 in office.

Position in the sector

€542,164

Higher net result than 95% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,780 companies had the same profile as PP concept has now. Each dot stands for 17 companies, two years later.

96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 6,780 companies, not a prediction for PP concept. 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

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Signals

Board and ownership

Director
Director
  • founderdeed of 10-12-2020

Shares in 1 company,

Board & ownership

Recent changes

Appointment: (director) General meeting of 06-01-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0759554045
First establishment Rue de la Chapelle,Framont 3, Paliseul
Incorporation Founder: · 100 shares · Appointments: ; ; and · published on 10-12-2020 · Gazette deed
All 15 events

Comparable companies

same main activity, similar in size and age
Company
PP concept Paliseul €1.0m €177,607 62.1% -
PMPLT Ans €0.9m €190,360 30.4% -
LUAN-A Brakel €1.3m €188,731 28.3% 1
RUSNAK Herselt €1.0m €149,326 25.9% -
Claeys Creative (cc.) Kortrijk €1.0m €209,793 21.9% -
PRO MONTAGE Drogenbos €0.9m €210,172 30.7% -
VH AANNEMINGEN Bruges €0.9m €153,383 22.1% -

These companies have the same main activity as PP concept: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €879,000 and €1.3m, founded between 2020 and 2021.

Official details

Source: KBO
Status
Active since 08-12-2020Normal situation
Activity
General construction of residential buildingsNACE 41001and 1 other
Establishment unit
2.310.798.3366853 Paliseul, since 01-01-2021
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€1.0m▲ 98.3%
Filing
Filed on 05-05-2026, 87 days before the end of the filing period
Financials

Insights on PP concept

PP concept files the micro format. That format states no turnover. The gross margin rose from €89,694 in 2021 to €177,607 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PP concept

What is the company number of PP concept?
The company number of PP concept is 0759.554.045. The VAT number is the same number with BE in front: BE 0759.554.045.
Where is PP concept based?
The registered office is at Rue de la Chapelle,Framont 3, 6853 Paliseul.Company details
What does PP concept do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of PP concept?
PP concept is a private limited company (BV).
When was PP concept founded?
PP concept was founded on 08-12-2020.
Is PP concept still active?
Yes, PP concept is an active enterprise in the KBO register.
What is the turnover of PP concept?
The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €177,607 and 97 comparable companies (NACE 41001). It probably lies between €410,000 and €900,000.Financials
Is PP concept profitable?
In financial year 2025, PP concept made a profit of €542,164.
Where can I find the annual accounts of PP concept?
PP concept filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PP concept due?
PP concept must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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