PP SERVICES
ActiveSummary
PP SERVICES has been active since 1997 and the Belgian Official 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 about 4.5% per year across the filed financial years. Its solvency ranks better than 5% of 5,668 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €96 in 2025 against €1,058 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.4% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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% | 1.8% |
| 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 74.5% 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 6,621 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €715 | - | €695 | €433 | - | - |
| Gross operating margin9900 | €1,414 | -€266 | -€2,529 | -€433 | €23 | -€2,168 | -€625 | -€96 | ▲ 84.6% |
| Operating profit (loss)9901 | €908 | -€614 | -€2,529 | -€1,148 | €23 | -€2,863 | -€1,058 | -€96 | ▲ 90.9% |
| Financial income75/76B | - | - | - | €0 | €101 | €3 | - | - | - |
| Recurring financial income75 | €68 | €27 | €2 | €0 | €101 | €3 | - | - | - |
| Financial charges65/66B | - | - | - | €83 | €113 | €104 | €117 | €108 | ▼ 7.9% |
| Recurring financial charges65 | €62 | €108 | €80 | €83 | €113 | €104 | €117 | €108 | ▼ 7.9% |
| Profit (loss) for the period before taxes9903 | €914 | -€695 | -€2,607 | -€1,230 | €11 | -€2,964 | -€1,175 | -€204 | ▲ 82.6% |
| Income taxes67/77 | €117 | €1 | €1 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | €797 | -€696 | -€2,608 | -€1,230 | €11 | -€2,964 | -€1,175 | -€204 | ▲ 82.6% |
| Profit (loss) for the period to be appropriated9905 | €797 | -€696 | -€2,608 | -€1,230 | €11 | -€2,964 | -€1,175 | -€204 | ▲ 82.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3,861 | €2,467 | €1,137 | €187 | €232 | €123 | €22 | €995 | ▲ 4,334% |
| Current assets29/58 | €3,861 | €2,467 | €1,137 | €187 | €232 | €123 | €22 | €995 | ▲ 4,334% |
| Amounts receivable within one year40/41 | €657 | - | €35 | - | €60 | - | - | €638 | - |
| Trade receivables40 | - | - | - | - | €60 | - | - | €638 | - |
| Cash at bank and in hand54/58 | €3,204 | €2,467 | €1,102 | €187 | €172 | €123 | €22 | €358 | ▲ 1,494% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3,861 | €2,467 | €1,137 | €187 | €232 | €123 | €22 | €995 | ▲ 4,334% |
| Equity10/15 | -€25,690 | -€26,386 | -€28,994 | -€30,224 | -€30,213 | -€33,178 | -€34,352 | -€34,556 | ▼ 0.6% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €19,279 | €19,279 | €19,279 | = |
| Capital10 | - | - | - | €18,592 | €18,592 | - | - | - | - |
| Issued capital100 | - | - | - | €18,592 | €18,592 | - | - | - | - |
| Reserves13 | €687 | €687 | €687 | €687 | €687 | - | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €687 | €687 | - | - | - | - |
| Legal reserve130 | - | - | - | €687 | €687 | - | - | - | - |
| Profit (loss) carried forward14 | -€44,969 | -€45,665 | -€48,273 | -€49,503 | -€49,492 | -€52,457 | -€53,631 | -€53,835 | ▼ 0.4% |
| Amounts payable17/49 | €29,551 | €28,853 | €30,131 | €30,411 | €30,445 | €33,301 | €34,375 | €35,552 | ▲ 3.4% |
| Amounts payable within one year42/48 | €29,551 | €28,799 | €29,956 | €30,354 | €30,382 | €33,237 | €34,309 | €35,485 | ▲ 3.4% |
| Trade debts44 | - | €1,089 | €2,309 | €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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €797 | -€696 | -€2,608 | -€1,230 | €11 | -€2,964 | -€1,175 | -€204 | ▲ 82.6% |
| Operating cash flow (approximation) | €797 | -€696 | -€2,608 | -€1,230 | €11 | -€2,964 | -€1,175 | -€204 | ▲ 82.6% |
| Change in cash | - | -€737 | -€1,365 | -€915 | -€15 | -€49 | -€101 | €335 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-07-2026 | 2026-00344363 |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00350657 |
| 31-12-2023 | micro format | 28-07-2024 | 2024-00304552 |
| 31-12-2022 | micro format | 18-08-2023 | 2023-00341188 |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20387516 |
| 31-12-2020 | micro format | 07-09-2021 | 2021-66500541 |
| 31-12-2019 | micro format | 29-08-2020 | 2020-48000245 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57300132 |
| 31-12-2017 | micro format | 26-06-2018 | 2018-22800428 |
| 31-12-2016 | micro format | 26-08-2017 | 2017-48800311 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.