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PP's Tel&IT

Active
Private limited companyfounded 2021active for 5 yearsNeerijse steenweg 23, 3061 Bertem, BelgiumKBO/BCE: BE 0770.971.242
Summary

PP's Tel&IT has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €125,465 and a net result of €51,724. Equity is growing by about 58% per year across the filed financial years. Its solvency ranks better than 88% of 20,774 sector peers (NACE 62, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
€138,968total assets 2024
Equity
€125,465
Profit
€51,724
Turnover not published (micro format)
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts 70 days overdue0 of 1 deed read
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 04-11-2025)1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 9.80, cash €30,817Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 78% of its sector peers (NACE 62, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 100+3
equity 90.3% of total assets
Liquidity 78+39
short-term debt 9.7% · cash 22.2%
Profitability 100=
return on assets 37.2%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,841 companies, NACE 62, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.9%▲ +0.2 percentage points vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.8%▼ -0.1 percentage points vs 02-2025 04-2025: 0.7%▼ -0.1 percentage points vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.7%▼ -0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.5%▲ +0.4 percentage points vs 08-2025 10-2025: 2.3%▲ +0.8 percentage points vs 09-2025 11-2025: 2.4%▲ +0.1 percentage points vs 10-2025highest value 12-2025: 0.1%▼ -2.3 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.3 percentage points vs 09-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 9.8, compared with 3.28 in 2023; short-term debt: 9.7% and cash: 22.2% of total assets), and 9.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 85% on solvency, 61% on liquidity, 82% on profitability and 85% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk
raises risk · Figures for financial year 2024 (filed 04-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 9.80, cash €30,817
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
92 days late
2023
86 days late
2022
32 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 70 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Highest result from 2022 to 2024net €51,724 ▲55.8%
  3. Liquidity more than doublescurrent ratio 9.80

Key points

  • Positive: Equity rose in 2024from €73,741 to €125,465 ▲ 70.1% View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Positive: Among the best 12% on solvencysector median 62.9% · 20,774 companies 90.3% View

By topic

Financials

Financial year
2024
Total assets
€138,968
Profit
€51,724
Solvency
90.3%
Total assets▲ 35.7%
Net result
20222024
Go to Financials

Timeline

Events
6
Since
2023
  1. 31-12-2024Equity above €100,000
  2. 25-10-2024Annual accounts filed
  3. 01-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Computer programmingNACE 62100
Founded
09-07-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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