Equity
-€873
Debts exceed assets in financial year 2025.
PP1
Lifetime
2 annual accounts with figures on one time axispeak -€410 (2024)
-€904▼ €493
lowest -€1,385 (2025)
-€1,385▼ €897
peak €512 (2024)
-€873▼ €1,385
€4,538▲ 58.1%
Board2 names since 2024
1 director
Documentsfilings and deeds
05-01-202626 days before the deadline
2025micro format
Gross margin from -€410 to -€904Loss of €1,385Resignation: (director) 24-01Equity from €512 to -€873Debts from €2,871 to €4,538
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Key points
from the 2025 annual accountsLosses
-€1,873 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Starting capital
€1,000 100 shares
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as PP1 has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
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 7,639 companies, not a prediction for PP1. 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.
Credit verdict
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Signals
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Board and ownership
Director
- 50 sharesdeed of 15-04-2024
- 50 sharesdeed of 15-04-2024
Recent changes
Resignation: (director)
General meeting of 31-10-2024 · Gazette deed
Incorporation
Founding capital of €1,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 15-04-2024 · Gazette deed
First establishment
Place Joseph Thiry 4, Aywaille
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Official details
Source: KBO- Status
- Active since 11-04-2024Normal situation
- Activity
- “Les activités commerciales,industrielles et artisanales relatives à la restauration,l'exploitation de restaurants,cafés,cafétérias,tavernes et brasseries,la restauration…” (deed in French)From the articles, 6 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.358.678.6254920 Aywaille, since 11-04-2024
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-06-2025
- €3,665▲ 8.3%
- Filing
- Filed on 05-01-2026, 26 days before the end of the filing period
Insights on PP1
The 2025 annual accounts show negative equity (-€873) and a net result of -€1,385. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PP1
- What is the company number of PP1?
- The company number of PP1 is 1008.291.046. The VAT number is the same number with BE in front: BE 1008.291.046.
- Where is PP1 based?
- The registered office is at Place Joseph Thiry 4, 4920 Aywaille.Company details
- What is the legal form of PP1?
- PP1 is a private limited company (BV).
- When was PP1 founded?
- PP1 was founded on 11-04-2024.
- Is PP1 still active?
- Yes, PP1 is an active enterprise in the KBO register.
- What is the turnover of PP1?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PP1 profitable?
- In financial year 2025, PP1 made a loss of €1,385.
- Where can I find the annual accounts of PP1?
- PP1 filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PP1 due?
- PP1 must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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