PP CONSTRUCT
The computed 12-month bankruptcy probability of PP CONSTRUCT is 1.8% (moderate). The 2024 annual accounts show equity of €6k and a net result of €4k. Equity is shrinking by ~42.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 16% of 36383 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €6k |
| Net result | €4k |
| Better than sector | 16% |
| Active | 20 yrs |
Mixed profile: strong on profitability, weaker on solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.4% | 46.6% | |
| Net result | €4k | €9k | |
| Equity | €6k | €58k | |
| Gross operating margin | €12k | €38k | |
| Total assets | €46k | €140k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €8k | €2k | €19k |
| Net profit | €4k | €-719 | €14k |
| Cash flow | €4k | €967 | €16k |
| Staff costs | - | - | - |
| Income taxes | €4k | €633 | €2k |
| Dividends | €36k | - | - |
| Total assets | €46k | €49k | €51k |
| Equity | €6k | €38k | €39k |
| Debt | €40k | €11k | €12k |
| of which ≤ 1y | €40k | €11k | €12k |
| of which > 1y | - | - | - |
| Working capital | €-20k | €10k | €8k |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 0.49 | 1.90 | 1.70 |
| Quick ratio | 0.49 | 1.90 | 1.70 |
| Working capital ratio | -44.3% | 19.8% | 16.6% |
| Solvency | 13.4% | 77.8% | 76.2% |
| Debt / equity | 6.46 | 0.28 | 0.31 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 13.57 | 4.04 | 30.90 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 8.0% | -1.5% | 27.4% |
| ROE | 59.3% | -1.9% | 36.0% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €46k | €49k | €51k |
| Fixed assets | 21/28 | €27k | €29k | €31k |
| Tangible fixed assets | 22/27 | €27k | €29k | €31k |
| Financial fixed assets | 28 | €25 | €25 | €25 |
| Current assets | 29/58 | €19k | €21k | €21k |
| Amounts receivable within one year | 40/41 | €4k | €1k | €4k |
| Cash & bank | 54/58 | €15k | €17k | €15k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €46k | €49k | €51k |
| Equity | 10/15 | €6k | €38k | €39k |
| Contributions / capital | 10/11 | €6k | €6k | €6k |
| Reserves | 13 | €0 | €32k | €33k |
| Accumulated profits (losses) | 14 | €0 | - | - |
| Amounts payable | 17/49 | €40k | €11k | €12k |
| Amounts payable within one year | 42/48 | €40k | €11k | €12k |
| Trade debts payable within one year | 44 | €1k | €5k | €5k |
| Income statement | ||||
| Gross operating margin | 9900 | €12k | €5k | €23k |
| Operating result | 9901 | €8k | €434 | €17k |
| Financial income | 75 | €2 | €4 | €16 |
| Financial charges | 65 | €621 | €525 | €629 |
| Result before taxes | 9903 | €7k | €-86 | €16k |
| Income taxes | 67/77 | €4k | €633 | €2k |
| Net result for the period | 9904 | €4k | €-719 | €14k |
| Result to be appropriated | 9905 | €4k | €-719 | €14k |
-
POLESZCZUK LeïlaDirectorState Gazette act 24325249 (15-01-2024)Current15-01-2024 → present
2 events
- 15-01-2024 Appointed· Director
- 15-01-2024 Appointed· Managing director
-
POLESZCZUK PiotrDirectorState Gazette act 24325249 (15-01-2024)Current15-01-2024 → present
2 events
- 15-01-2024 Appointed· Director
- 15-01-2024 Appointed· Managing director
-
TOPCZEWSKI RobertDirectorState Gazette act 24325249 (15-01-2024)Current15-01-2024 → present
-
Robert Stanislas TopczewskiDirectorState Gazette act 23142954 (13-11-2023)Current13-11-2023 → present
-
Bartosz Wladyslaw KWOLEKDirectorState Gazette act 21056294 (10-05-2021)Current10-05-2021 → present
-
POLESZCZUK LamiaDirectorState Gazette act 24325249 (15-01-2024)Current25-05-2016 → present
3 events
- 15-01-2024 Appointed· Director
- 15-01-2024 Appointed· Managing director
- 25-05-2016 Appointed· Co gérante
Historic, not recently confirmed (6)
-
Slawomir Andrze KruszewskiCo gérantState Gazette act 19060500 (06-05-2019)Not recently confirmedlast confirmed in an act from 2019
-
Klimiuk Bartlomiej TomaszCo gérantState Gazette act 17048641 (05-04-2017)Not recently confirmedlast confirmed in an act from 2017
-
Stanisiaw JarmoszkoCo gérantState Gazette act 16149566 (28-10-2016)Not recently confirmedlast confirmed in an act from 2016
-
Leila PoleszczukCo géranteState Gazette act 16071631 (25-05-2016)Not recently confirmedlast confirmed in an act from 2016
-
Hubert CybulCo gérantState Gazette act 16019209 (05-02-2016)Not recently confirmedlast confirmed in an act from 2016
2 events
- 07-03-2018 Resigned· Co gérant
- 05-02-2016 Appointed· Co gérant
Former directors (16)
-
Robert Stanislaw TopczewskiDirectorState Gazette act 24095408 (26-06-2024)Former- → 26-06-2024
-
ABOUIBADALLAH SanaDirectorState Gazette act 24325249 (15-01-2024)Former- → 15-01-2024
-
Bartosz KwolekGérantState Gazette act 22042762 (01-04-2022)Former- → 01-04-2022
-
Kruszewski, SlawomirGérantState Gazette act 21056294 (10-05-2021)Former- → 10-05-2021
-
Pawel PoleszczukCo gérantState Gazette act 19070731 (27-05-2019)Former27-05-2019 → 12-10-2020
2 events
- 12-10-2020 Resigned
- 27-05-2019 Appointed· Co gérant
| NACE primary | Other specialised construction activities(43990) |
| Legal form | Private limited company(610) |
| Incorporation | 25-10-2005 |
| Status | Active |
| Postal code | 1200 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21672C0037/00F002 | Brussels | 87 m² | 1 · 56 m² | 11.0 m · 3 fl. |
We know of 26 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-06-2024 Robert Stanislaw Topczewski resigns as director
- Robert Stanislaw Topczewski, Bestuurder
Technical details
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}15-01-2024 7 directors appointed, 1 resigning
- POLESZCZUK Piotr, Bestuurder
- POLESZCZUK Lamia, Bestuurder
- POLESZCZUK Leïla, Bestuurder
- TOPCZEWSKI Robert, Bestuurder
- POLESZCZUK Piotr, Gedelegeerd bestuurder
- POLESZCZUK Lamia, Gedelegeerd bestuurder
- POLESZCZUK Leïla, Gedelegeerd bestuurder
- ABOUIBADALLAH Sana, Bestuurder
Technical details
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}13-11-2023 Robert Stanislas Topczewski appointed as director
- Robert Stanislas Topczewski, Bestuurder
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}01-04-2022 Bartosz Kwolek resigns as gérant
- Bartosz Kwolek, Gérant
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}10-05-2021 1 director appointed, 1 resigning
- Bartosz Wladyslaw KWOLEK, Bestuurder
- Kruszewski, Slawomir, Gérant
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}12-10-2020 2 resigning
- Robert Labacz, Gérant
- Pawel Poleszczuk
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}27-05-2019 Pawel Poleszczuk appointed as co gérant
- Pawel Poleszczuk, Co gérant
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}06-05-2019 2 directors appointed, 1 resigning
- Robert Labacz, Co gérant
- Slawomir Andrze Kruszewski, Co gérant
- Marcin Pankowski, Co gérant
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}07-03-2018 1 director appointed, 2 resigning
- Marcin Pankowski, Co gérant
- Lukasz Dudzinski, Co gérant
- Cybul Hubert, Co gérant
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}28-11-2017 Klimiuk Bartiomiej Tomasz resigns as co gérant
- Klimiuk Bartiomiej Tomasz, Co gérant
Technical details
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}05-04-2017 2 directors appointed, 1 resigning
- Klimiuk Bartlomiej Tomasz, Co gérant
- Lukasz Dudzinski, Co gérant
- Stanislaw Jarmoszko, Co gérant
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}28-10-2016 1 director appointed, 2 resigning
- Stanisiaw Jarmoszko, Co gérant
- Robert Sochacki, Co gérant
- Piotr Wyszynski, Co gérant
Technical details
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}25-05-2016 2 directors appointed
- Leila Poleszczuk, Co gérante
- Lamia Poleszczuk, Co gérante
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}05-02-2016 2 directors appointed
- Hubert Cybul, Co gérant
- Robert Sochacki, Co gérant
Technical details
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}19-10-2015 1 director appointed, 2 resigning
- Piotr Wyszynski, Co gérant
- Robert Dziuba, Co gérant
- Mariusz Mantur, Co gérant
Technical details
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}29-04-2015 2 directors appointed
- Mariusz Mantur, Co gérant
- Robert Dziuba, Co gérant
Technical details
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}19-05-2008 Eugeniusz Jankowski appointed as co gérant
- Eugeniusz Jankowski, Co gérant
Technical details
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}30-07-2007 2 resigning
- Jan Poleszczuk, Co gérant
- Waldemar Kuprjaniuk, Co gérant
Technical details
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}07-11-2005 Incorporation of a new SPRL
Technical details
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}| Legal nameFR | PP CONSTRUCT |