PP SERVICES
ActiveSummary
PP SERVICES has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€34,556) and a net result of -€204. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 4716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,622 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €715 | - | €695 | €433 | - | - |
| Gross operating margin9900 | -€433 | €23 | -€2,168 | -€625 | -€96 | ▲ 84.6% |
| Operating profit (loss)9901 | -€1,148 | €23 | -€2,863 | -€1,058 | -€96 | ▲ 90.9% |
| Financial income75/76B | €0 | €101 | €3 | - | - | - |
| Recurring financial income75 | €0 | €101 | €3 | - | - | - |
| Financial charges65/66B | €83 | €113 | €104 | €117 | €108 | ▼ 7.9% |
| Recurring financial charges65 | €83 | €113 | €104 | €117 | €108 | ▼ 7.9% |
| Profit (loss) for the period before taxes9903 | -€1,230 | €11 | -€2,964 | -€1,175 | -€204 | ▲ 82.6% |
| Income taxes67/77 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€1,230 | €11 | -€2,964 | -€1,175 | -€204 | ▲ 82.6% |
| Profit (loss) for the period to be appropriated9905 | -€1,230 | €11 | -€2,964 | -€1,175 | -€204 | ▲ 82.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €187 | €232 | €123 | €22 | €995 | ▲ 4,334% |
| Current assets29/58 | €187 | €232 | €123 | €22 | €995 | ▲ 4,334% |
| Amounts receivable within one year40/41 | - | €60 | - | - | €638 | - |
| Trade receivables40 | - | €60 | - | - | €638 | - |
| Cash at bank and in hand54/58 | €187 | €172 | €123 | €22 | €358 | ▲ 1,494% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €187 | €232 | €123 | €22 | €995 | ▲ 4,334% |
| Equity10/15 | -€30,224 | -€30,213 | -€33,178 | -€34,352 | -€34,556 | ▼ 0.6% |
| Contributions10/11 | €18,592 | €18,592 | €19,279 | €19,279 | €19,279 | = |
| Capital10 | €18,592 | €18,592 | - | - | - | - |
| Issued capital100 | €18,592 | €18,592 | - | - | - | - |
| Reserves13 | €687 | €687 | - | - | - | - |
| Non-distributable reserves130/1 | €687 | €687 | - | - | - | - |
| Legal reserve130 | €687 | €687 | - | - | - | - |
| Profit (loss) carried forward14 | -€49,503 | -€49,492 | -€52,457 | -€53,631 | -€53,835 | ▼ 0.4% |
| Amounts payable17/49 | €30,411 | €30,445 | €33,301 | €34,375 | €35,552 | ▲ 3.4% |
| Amounts payable within one year42/48 | €30,354 | €30,382 | €33,237 | €34,309 | €35,485 | ▲ 3.4% |
| Trade debts44 | €908 | €935 | €908 | €941 | €926 | ▼ 1.6% |
| Suppliers440/4 | €908 | €935 | €908 | €941 | €926 | ▼ 1.6% |
| Other amounts payable47/48 | €29,447 | €29,447 | €32,329 | €33,368 | €34,559 | ▲ 3.6% |
| Accrued charges and deferred income492/3 | €57 | €64 | €64 | €66 | €67 | ▲ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,230 | €11 | -€2,964 | -€1,175 | -€204 | ▲ 82.6% |
| Operating cash flow (approximation) | -€1,230 | €11 | -€2,964 | -€1,175 | -€204 | ▲ 82.6% |
| Change in cash | - | -€15 | -€49 | -€101 | €335 | ▲ 434% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51008A0873/00P000 | Wallonia | 1,244 m² | 1 · 108 m² | 9.0 m · 2 fl. |
| 51054A0381/00R000 | Wallonia | 463 m² | 1 · 88 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
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Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.