Equity
PP&E paid out €18,677 in dividends. That is 60% of the 2025 profit.
PP&E paid out €18,677 in dividends. That is 60% of the 2025 profit.
Two of the last ten came late. The 2016 accounts came latest: 39 days after the end of the period.
Higher solvency than 86% of companies in wholesale trade. Sector median 40.4% · 13,807 companies.
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 90% of them on solvency, 85% on liquidity, 82% on profitability and 61% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 31,368 companies had the same profile as PP&E has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PP&E itself: < 0.1% within 12 months.
The method was tested on the 497,448 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 31,368 companies, not a prediction for PP&E. 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.
Liquidity is ample, with a current ratio of 6.57 (9.12 in 2024), above the usual 1.5. Short-term debt is 15.1% and cash 29.3% of total assets. 15.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| PP&E Antwerp | €204,024 | €35,991 | 84.7% | - |
| GARIONI NAVAL BELGIUM Bouillon | €213,360 | €34,756 | 77.6% | - |
| DE VRY Mechelen | €196,069 | €44,105 | 86.1% | - |
| BERGMANS Turnhout | €225,975 | €50,987 | 76.1% | - |
| HATCO INDUSTRIES Ravels | €163,813 | €36,268 | 83.1% | 0 |
| EURAD INTERNATIONAL Turnhout | €240,499 | €27,492 | 78.2% | - |
| BENELUX INTERNATIONAL SEPARATOR SERVICE Merelbeke-Melle | €146,332 | €42,423 | 54.3% | - |
These companies have the same main activity as PP&E: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €146,000 and €240,000, founded between 1993 and 2001.
PP&E files the micro format. That format states no turnover. The gross margin rose from €3,063 in 2006 to €35,991 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €120,000 and €440,000.
Higher than 86% of 13,807 companies in 2025.
Higher than 86% of 13,189 companies in 2025.
Higher than 78% of 13,367 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
204,024 | 179,856 | 148,924 | 122,554 | 94,042 | 120,468 | 118,836 | 103,490 | 109,757 | 101,591 | 101,329 | 60,501 | 27,809 | 26,760 | 37,634 | 39,748 | 22,791 | 4,154 | 3,109 | 8,744 | |
21/28 |
1,377 | 2,413 | 733 | 1,268 | 585 | 7,037 | 12,646 | 20,197 | 25,917 | 5,163 | 10,742 | 15,462 | 3,436 | 6,907 | 11,084 | 14,733 | 2,310 | 1,518 | 1,621 | 2,649 | |
22/27 |
1,377 | 2,413 | 733 | 1,268 | 585 | 7,037 | 12,646 | 20,197 | 25,917 | 5,163 | 10,742 | 15,462 | 3,436 | 6,907 | 11,084 | 14,733 | 2,310 | 1,518 | 1,621 | 2,649 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | 115 | 705 | 1,780 | 2,823 | 2,310 | 1,278 | 1,141 | 1,919 | |
24 |
1,377 | 2,413 | 733 | 1,268 | 585 | 7,037 | 12,646 | 20,197 | 25,917 | 5,163 | 10,742 | 15,462 | 3,321 | 6,202 | 9,304 | 11,910 | - | 240 | 480 | 730 | |
29/58 |
202,647 | 177,443 | 148,191 | 121,286 | 93,457 | 113,431 | 106,189 | 83,293 | 83,840 | 96,428 | 90,587 | 45,039 | 24,374 | 19,853 | 26,550 | 25,015 | 20,482 | 2,636 | 1,488 | 6,095 | |
40/41 |
19,644 | 31,254 | 35,947 | 35,541 | 15,713 | 27,623 | 22,806 | 21,794 | 64,015 | 66,111 | 38,032 | 44,667 | 10,847 | 16,359 | 23,437 | 22,347 | 16,363 | 1,510 | 171 | 4,348 | |
40 |
19,644 | 31,249 | 35,863 | 23,329 | 15,194 | 17,313 | 21,683 | 20,995 | 64,015 | 64,172 | 35,115 | 44,667 | 10,847 | 16,359 | 23,437 | 22,347 | 16,363 | 1,330 | - | 4,348 | |
41 |
- | 5 | 85 | 12,212 | 519 | 10,310 | 1,124 | 799 | - | 1,939 | 2,916 | - | - | - | - | - | 1 | 179 | 171 | - | |
50/53 |
123,240 | 120,000 | - | - | - | - | - | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 68 | 96 | 198 | 639 | |
54/58 |
59,700 | 25,584 | 111,521 | 85,200 | 72,547 | 85,124 | 83,230 | 60,966 | 19,443 | 30,286 | 51,574 | 341 | 13,210 | 3,463 | 3,081 | 2,414 | 3,785 | 763 | 773 | 745 | |
490/1 |
63 | 605 | 723 | 546 | 5,197 | 684 | 153 | 503 | 351 | - | 950 | - | 286 | - | - | 222 | 266 | 267 | 347 | 363 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
204,024 | 179,856 | 148,924 | 122,554 | 94,042 | 120,468 | 118,836 | 103,490 | 109,757 | 101,591 | 101,329 | 60,501 | 27,809 | 26,760 | 37,634 | 39,748 | 22,791 | 4,154 | 3,109 | 8,744 | |
10/15 |
172,854 | 160,409 | 129,303 | 98,977 | 83,982 | 114,074 | 95,397 | 92,572 | 89,145 | 75,778 | 59,573 | 25,851 | 20,370 | 17,051 | 25,442 | 19,809 | 9,669 | 251 | -804 | 1,561 | |
10/11 |
13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 13,149 | 9,149 | 9,149 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 5,451 | 5,451 | 5,451 | 5,451 | 5,451 | 5,451 | 5,451 | 5,451 | 5,451 | 5,451 | 5,451 | 5,451 | 9,451 | 9,451 | |
13 |
159,705 | 147,260 | 116,154 | 85,828 | 70,833 | 100,925 | 82,248 | 79,423 | 75,996 | 62,629 | 42,582 | 8,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
159,705 | 147,260 | 116,154 | 83,968 | 68,973 | 99,065 | 80,388 | 77,563 | 74,136 | 60,769 | 40,722 | 7,000 | - | - | - | - | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | 3,842 | 3,842 | 5,361 | 2,042 | 10,433 | 4,800 | -5,340 | -14,758 | -11,813 | -9,448 | |
17/49 |
31,170 | 19,447 | 19,621 | 23,577 | 10,060 | 6,394 | 23,439 | 10,918 | 20,612 | 25,814 | 41,756 | 34,650 | 7,439 | 9,709 | 12,192 | 19,939 | 13,122 | 3,903 | 3,914 | 7,183 | |
17 |
- | - | - | - | - | - | - | - | 5,213 | 8,550 | 12,000 | 15,000 | - | - | - | - | - | - | - | - | |
170/4 |
- | - | - | - | - | - | - | - | 5,213 | 8,550 | 12,000 | 15,000 | - | - | - | - | - | - | - | - | |
42/48 |
30,839 | 19,447 | 19,237 | 23,092 | 8,704 | 5,274 | 22,069 | 10,718 | 15,200 | 17,264 | 29,756 | 19,275 | 7,439 | 9,709 | 7,286 | 19,939 | 13,122 | 3,903 | 3,914 | 7,183 | |
44 |
411 | 1,673 | 1,375 | 1,187 | 2,032 | 1,549 | 1,536 | 1,222 | 1,072 | 1,020 | 3,501 | 3,959 | 210 | 1,762 | 35 | 4,271 | 1,098 | - | 125 | 2,561 | |
440/4 |
411 | 1,673 | 1,375 | 1,187 | 2,032 | 1,549 | 1,536 | 1,222 | 1,072 | 1,020 | 3,501 | 3,959 | 210 | 1,762 | 35 | 4,271 | 1,098 | - | 125 | 2,561 | |
45 |
9,632 | 6,517 | 9,040 | 7,007 | 5,475 | 3,725 | 13,533 | 9,496 | 4,974 | 16,244 | 26,255 | 10,395 | 3,971 | 2,220 | 5,206 | 9,360 | 7,543 | 177 | 151 | 528 | |
450/3 |
6,724 | 6,517 | 9,040 | 4,187 | 5,475 | 3,725 | 10,886 | 6,910 | 2,406 | 16,244 | 26,255 | 10,395 | 3,971 | 2,220 | 5,206 | 7,860 | 3,043 | 177 | 151 | 528 | |
454/9 |
2,908 | - | - | 2,820 | - | - | 2,648 | 2,585 | 2,568 | - | - | - | - | - | - | 1,500 | 4,500 | - | - | - | |
47/48 |
20,796 | 11,257 | 8,823 | 14,899 | 1,197 | - | 7,000 | - | 9,153 | - | - | 4,921 | 3,258 | 5,726 | 2,045 | 6,309 | 4,481 | 3,727 | 3,638 | 4,093 | |
492/3 |
331 | - | 384 | 485 | 1,356 | 1,120 | 1,370 | 200 | 200 | - | - | 375 | - | - | 4,905 | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 79,382 | - | - | - | - | - | |
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,500 | - | - | - | - | |
9900 |
35,991 | 58,104 | 53,791 | 61,264 | 13,188 | 33,852 | 22,818 | 19,031 | 31,221 | 31,390 | 61,337 | 22,548 | 7,798 | -3,170 | 13,379 | 18,538 | 12,106 | -712 | 726 | 3,063 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 68,435 | - | - | - | - | - | |
630 |
1,037 | 387 | 535 | 473 | 6,453 | 6,913 | 7,550 | 7,550 | 9,080 | 5,579 | 6,191 | 6,135 | 3,801 | 4,177 | 4,603 | 4,365 | 1,152 | 666 | 1,028 | 1,028 | |
640/8 |
565 | 556 | 777 | 429 | 837 | 420 | 413 | 438 | 1,197 | 736 | 561 | 4,310 | 471 | 900 | 425 | 1,390 | 1,431 | 1,399 | 1,553 | 2,227 | |
9901 |
34,389 | 57,161 | 52,478 | 60,363 | 5,898 | 26,519 | 14,855 | 11,043 | 20,944 | 25,075 | 54,586 | 12,102 | 3,526 | -8,247 | 8,351 | 12,783 | 9,523 | -2,776 | -1,855 | -191 | |
75/76B |
9,660 | - | - | 1,624 | 514 | 289 | 58 | 158 | 134 | 12 | 25 | 5 | 4 | 25 | 9 | 2 | 0 | 1 | - | 23 | |
75 |
9,660 | - | - | 1,624 | 514 | 289 | 58 | 158 | 134 | 12 | 25 | 5 | 4 | 25 | 9 | 2 | 0 | 1 | - | 23 | |
65/66B |
278 | 206 | 217 | 270 | 302 | 262 | 302 | 136 | 399 | 613 | 1,126 | 622 | 159 | 118 | 178 | 145 | 105 | 169 | 511 | 80 | |
65 |
278 | 206 | 217 | 270 | 302 | 262 | 271 | 136 | 399 | 613 | 1,126 | 622 | 159 | 118 | 178 | 145 | 105 | 169 | 511 | 80 | |
66B |
- | - | - | - | - | - | 31 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
43,772 | 56,954 | 52,261 | 61,717 | 6,111 | 26,546 | 14,611 | 11,064 | 20,679 | 24,474 | 53,484 | 11,484 | 3,371 | -8,340 | 8,182 | 14,140 | 9,418 | -2,944 | -2,366 | -248 | |
67/77 |
12,650 | 16,024 | 14,666 | 17,150 | 2,481 | 7,869 | 4,787 | 3,795 | 7,312 | 8,269 | 19,762 | 4,303 | 52 | 51 | 2,549 | 4,000 | - | 0 | - | - | |
9904 |
31,122 | 40,931 | 37,595 | 44,567 | 3,630 | 18,677 | 9,824 | 7,270 | 13,367 | 16,204 | 33,722 | 7,181 | 3,318 | -8,391 | 5,633 | 10,140 | 9,418 | -2,944 | -2,366 | -248 | |
9905 |
31,122 | 40,931 | 37,595 | 44,567 | 3,630 | 18,677 | 9,824 | 7,270 | 13,367 | 16,204 | 33,722 | 7,181 | 3,318 | -8,391 | 5,633 | 10,140 | 9,418 | -2,944 | -2,366 | -248 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
31,122 | 40,931 | 37,595 | 44,567 | 3,630 | 18,677 | 9,824 | 7,270 | 13,367 | 20,047 | 37,564 | 12,542 | 5,361 | 2,042 | 10,433 | 4,800 | -5,340 | -14,758 | -11,813 | -9,448 | |
791/2 |
18,677 | 9,824 | 7,270 | 29,572 | 33,722 | - | 7,000 | 3,842 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
31,122 | 40,931 | 37,595 | 44,567 | 3,630 | 18,677 | 9,824 | 7,270 | 13,367 | 20,047 | 33,722 | 7,000 | - | - | - | - | - | - | - | - | |
6921 |
31,122 | 40,931 | 37,595 | 44,567 | 3,630 | 18,677 | 9,824 | 7,270 | 13,367 | 20,047 | 33,722 | 7,000 | - | - | - | - | - | - | - | - | |
694/7 |
18,677 | 9,824 | 7,270 | 29,572 | 33,722 | - | 7,000 | 3,842 | - | - | - | 1,700 | - | - | - | - | - | - | - | - | |
694 |
18,677 | 9,824 | 7,270 | 29,572 | 33,722 | - | 7,000 | 3,842 | - | - | - | 1,700 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 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 30-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00252907 | |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00223223 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00318516 | |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00131490 | |
| 31-12-2021 | micro format | 21-06-2022 | 2022-20076610 | |
| 31-12-2020 | micro format | 21-06-2021 | 2021-23400463 | |
| 31-12-2019 | micro format | 27-07-2020 | 2020-34300556 | |
| 31-12-2018 | micro format | 12-07-2019 | 2019-32400245 | |
| 31-12-2017 | micro format | 02-08-2018 | 2018-43300408 | |
| 31-12-2016 | micro format | 08-09-2017 | 2017-60400122 | |
| 31-12-2015 | abbreviated format | 26-08-2016 | 2016-50000208 | |
| 31-12-2014 | abbreviated format | 01-10-2015 | 2015-63500272 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-49100281 | |
| 31-12-2012 | abbreviated format | 21-08-2013 | 2013-43600522 | |
| 31-12-2011 | abbreviated format | 31-07-2012 | 2012-35600130 | |
| 31-12-2010 | abbreviated format | 18-07-2011 | 2011-30700459 | |
| 31-12-2009 | abbreviated format | 08-12-2010 | 2010-62600570 | |
| 31-12-2008 | abbreviated format | 27-10-2009 | 2009-82800337 | |
| 31-12-2007 | abbreviated format | 25-08-2008 | 2008-62400293 | |
| 31-12-2006 | abbreviated format | 27-08-2007 | 2007-63200296 | |
| 31-12-2005 | abbreviated format | 04-09-2006 | 2006-75001638 | |
| 31-12-2004 | abbreviated format | 20-09-2005 | 2005-68504212 | |
| 31-12-2003 | abbreviated format | 02-11-2004 | 2004-77100972 | |
| 31-12-2002 | abbreviated format | 05-08-2003 | 2003-60004226 | |
| 31-12-2001 | abbreviated format | 17-10-2002 | 2002-67002007 | |
| 31-12-2000 | abbreviated format | 31-12-2001 | 2001-78300269 | |
| 31-12-1999 | abbreviated format | 04-07-2000 | 2000-32700078 | |
| 31-12-1998 | abbreviated format | 27-07-1999 | 1999-36900149 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 35,426 | 57,548 | 53,014 | 60,836 | 12,351 | 33,432 | 22,405 | 18,593 | 30,024 | 30,654 | 60,777 | 18,237 | 7,327 | -4,069 | 12,954 | 17,148 | 10,676 | -2,110 | -827 | 837 | ||
| 32,159 | 41,318 | 38,131 | 45,040 | 10,083 | 25,590 | 17,375 | 14,820 | 22,448 | 21,783 | 39,913 | 13,317 | 7,119 | -4,214 | 10,236 | 14,504 | 10,570 | -2,278 | -1,338 | 779 | ||
| 0 | 2,068 | 0 | 1,156 | 0 | 1,304 | 0 | 1,830 | 31,974 | 0 | 1,471 | 21,139 | 330 | 0 | 637 | 16,788 | 1,944 | 563 | 0 | - | ||
| 34,116 | -85,937 | 26,322 | 12,652 | -12,577 | 1,894 | 22,264 | 41,523 | -10,843 | -21,288 | 51,234 | -12,869 | 9,746 | 382 | 667 | -1,370 | 3,022 | -10 | 28 | - | ||
| 171,808 | 157,996 | 128,954 | 98,194 | 84,753 | 108,157 | 84,120 | 72,576 | 68,641 | 79,165 | 60,831 | 25,764 | 16,934 | 10,144 | 19,263 | 5,076 | 7,360 | -1,267 | -2,426 | -1,088 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.5% | - | - | - | - | - | ||
| 84.7% | 89.2% | 86.8% | 80.8% | 89.3% | 94.7% | 80.3% | 89.5% | 81.2% | 74.6% | 58.8% | 42.7% | 73.2% | 63.7% | 67.6% | 49.8% | 42.4% | - | - | 17.9% | ||
| 6.57 | 9.12 | 7.70 | 5.25 | 10.74 | 21.51 | 4.81 | 7.77 | 5.52 | 5.59 | 3.04 | 2.34 | 3.28 | 2.04 | 3.64 | 1.25 | 1.56 | - | - | 0.85 | ||
| 0.18 | 0.12 | 0.15 | 0.24 | 0.12 | 0.06 | 0.25 | 0.12 | 0.23 | 0.34 | 0.70 | 1.34 | 0.37 | 0.57 | 0.48 | 1.01 | 1.36 | - | - | 4.60 | ||
| 18.0% | 25.5% | 29.1% | 45.0% | 4.3% | 16.4% | 10.3% | 7.9% | 15.0% | 21.4% | 56.6% | 27.8% | 16.3% | -49.2% | 22.1% | 51.2% | 97.4% | - | - | -15.9% | ||
| 15.3% | 22.8% | 25.2% | 36.4% | 3.9% | 15.5% | 8.3% | 7.0% | 12.2% | 16.0% | 33.3% | 11.9% | 11.9% | -31.4% | 15.0% | 25.5% | 41.3% | - | - | -2.8% | ||
| over 100 | over 100 | over 100 | over 100 | 40.94 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 108 days | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 days | - | - | - | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,068 | - | €1,156 | - |
| €1,037 | €387 | €535 | €473 | €6,453 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 40% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total rises from 10.8% to 15.3%. Equity and debt are higher.
PP&E has no parent and no holdings in its annual accounts. HAEMELS Luc Denise François is the only director.
| CHASE INVEST
registered office since 31-05-2022 · founded in 2022 |
total assets €3.1m (2025) 0786.655.845 |
| CHASE
establishment since 22-07-2010 · founded in 2010 |
total assets €415,262 (2025) 0827.994.869 |
| NEW HONG KONG
registered office since 17-09-2026 · founded in 2014 |
total assets €24,934 (2025) 0544.719.237 |
| Vereniging van Mede-eigenaars van het gebouw Kioskplaats 91-93 te Hoboken
registered office since 01-08-1995 |
founded in 1995 0578.984.684 |
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 12 June 1997, PP&E was incorporated.1 The registered office moved to Hoboken in 2017 and to Antwerp in 2023.23 In 2023 the company took the name PP&E.4 HAEMELS Luc Denise François is director of the company according to the deed of 22-06-2023.4 Total assets went from €103,490 in 2018 to €204,024 in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| Kioskplaats 91 registered office 2660 Antwerp 46643 Wholesale of electrical equipment, including installation materials | 20-06-1997 | 2.082.305.730 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11382C0066/00T008 | 228 m² | 1 · 204 m² | 18.8 m · 5 |
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