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 5,676 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
- Equity
- -€34,556
- Loss
- -€204
- POLLART EliseManaging director
- POLLART PhilippeManaging director
Why 54raises riskCapped at 59: negative equityNegative equity -€34,556Loss of €204, the second in a row (financial year 2025)lowers riskSize: total assets €995Founded in 1997Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 96, micro): better than 11% on solvency, 37% on liquidity, 9% on profitability and 39% on growth.
The bankruptcy probability was computed on 28-10-2026 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
This company filed its last 7 accounts on average 15 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
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 6,619 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 497,445 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% | 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% |
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 6,619 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 | ▲ 44× |
| Current assets29/58 | €3,861 | €2,467 | €1,137 | €187 | €232 | €123 | €22 | €995 | ▲ 44× |
| 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 | ▲ 16× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3,861 | €2,467 | €1,137 | €187 | €232 | €123 | €22 | €995 | ▲ 44× |
| 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.
Directors
Board 2
Day-to-day management 2
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| POLLART Elise |
|
| POLLART Philippe |
|
Owners and capital
Capital and shareholders
- 13-12-2023 Converted to unavailable equity · €19,279.01
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
13-12
Gazette deed
Resignation: POLLART Philippe (manager)Appointments: POLLART Philippe (administrateur non statutaire administrateur délégué et représentant permanent) and POLLART Elise (administrateur non statutaire administrateur délégué et représentant permanent) · Capital conversion · Purpose change17 facts ▸
- General meeting, 30-10-2023
- Other provision, “assujettissement TVA, BE0459.945.492” (deed in French)
- Other provision, “adaptation statuts au CSA et maintien forme SRL, adapter statuts” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “suppression compte capitaux propres statutairement indisponible et mise en distribution, fonds disponibles pour distribution” (deed in French)
- Other provision, “dispense lecture rapport article 5:101 CSA, rapport demeurera ci-annexé” (deed in French)
- Purpose change
- Amendment of the articles
- Capital
- Other provision, “compte de capitaux propres statutairement indisponible” (deed in French)
- Power of attorney, François GOEMAERE
- Director resignation, POLLART Philippe (manager)
- +5 further facts in this act
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 51008A0873/00P000 | Wallonia | 1,244 m² | 1 · 108 m² | 9.0 m · 2 |
| 51054A0381/00R000 | Wallonia | 463 m² | 1 · 88 m² | 10.1 m · 3 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- PP SERVICES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision organe d’administration en tout endroit Région Bruxelles-Capitale ou région langue française…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 13. Pouvoir de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs, nombre,durée mandat,pouvoirs si pluralité” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, toutes cessions entre vifs onéreux ou gratuit volontaires ou forcées…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Organe qui procède à l'émission, débiteur-gagiste” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of April at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision assemblée générale délibérant formes prévues modifications statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction désignés liquidateurs en vertu statuts si aucun autre désigné, dissolution pour quelque cause et moment que ce…” (deed in French)