PPC Belgium
The computed 12-month bankruptcy probability of PPC Belgium is 1.7% (average). The 2024 annual accounts show equity of €225k and a net result of €9k. Equity is growing by ~55.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 129 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €225k |
| Net result | €9k |
| Staff (FTE) | 3.8 |
| Better than sector | 65% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 28.8% | 15.8% | |
| Net result | €9k | €19k | |
| Equity | €225k | €64k | |
| Gross operating margin | €374k | €139k | |
| Staff costs | €266k | €153k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €108k |
| Net profit | €9k |
| Cash flow | €83k |
| Staff costs | €266k |
| Income taxes | €7k |
| Dividends | — |
| Total assets | €782k |
| Equity | €225k |
| Debt | €557k |
| of which ≤ 1y | €557k |
| of which > 1y | — |
| Working capital | €-234k |
| Employees (FTE) | 3.8 |
| 2024 | |
|---|---|
| Current ratio | 0.58 |
| Quick ratio | 0.14 |
| Working capital ratio | -30.0% |
| Solvency | 28.8% |
| Debt / equity | 2.47 |
| Long-term debt ratio | — |
| Interest coverage | 6.08 |
| Gross margin | — |
| Net margin | — |
| ROA | 1.1% |
| ROE | 3.9% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €782k |
| Fixed assets | 21/28 | €460k |
| Intangible fixed assets | 21 | €42k |
| Tangible fixed assets | 22/27 | €400k |
| Financial fixed assets | 28 | €18k |
| Current assets | 29/58 | €322k |
| Stocks & contracts in progress | 3 | €247k |
| Amounts receivable within one year | 40/41 | €60k |
| Cash & bank | 54/58 | €6k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €782k |
| Equity | 10/15 | €225k |
| Contributions / capital | 10/11 | €180 |
| Accumulated profits (losses) | 14 | €225k |
| Amounts payable | 17/49 | €557k |
| Amounts payable within one year | 42/48 | €557k |
| Trade debts payable within one year | 44 | €12k |
| Income statement | ||
| Gross operating margin | 9900 | €374k |
| Operating result | 9901 | €34k |
| Financial income | 75 | €110 |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €16k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
| NACE primary | Wholesale trade(46835) |
| Legal form | Private limited company(610) |
| Incorporation | 27-10-2022 |
| Status | Active |
| Postal code | 2610 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0463/00X000 | Flanders | 2,876 m² | 1 · 821 m² | — |
| 11463D0464/00R000 | Flanders | 2,642 m² | 1 · 679 m² | — |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-04-2025 Registered office moved from Antwerpen to Wilrijk
- Planetariumlaan 23D, 2610 Antwerpen → Boomsesteenweg 947A, 2610 Wilrijk
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "combined",
"new_address": {
"raw": "Boomsesteenweg 947A, 2610 Wilrijk",
"city": "Wilrijk",
"region": "vlaams_gewest",
"street": "Boomsesteenweg",
"country": "BE",
"postcode": "2610",
"box_number": null,
"street_number": "947A",
"locality_suffix": null
},
"old_address": {
"raw": "Planetariumlaan 23D, 2610 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Planetariumlaan",
"country": "BE",
"postcode": "2610",
"box_number": null,
"street_number": "23D",
"locality_suffix": null
},
"effective_date": "2025-01-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": 2,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-04-24",
"filing_date": "2025-04-15",
"act_kind_objet": "Zetelverplaatsing - volmacht"
},
"decision": {
"body": "enige_bestuurder",
"date": "2025-01-01",
"unanimous": true
},
"subject_company": {
"kbo": "0792.955.204",
"name_full": "PPC Belgium",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0468.055.484",
"org_name": "Baker Tilly Accountants \u0026 Belastingadviseurs BV",
"person_name": null,
"org_rep_person_name": "Jos Aelbrecht",
"person_role_at_subject": null
},
"co_filed_documents": []
}29-12-2023 Registered office moved from Hasselt to Antwerpen
- Genkersteenweg 282, 3500 Hasselt → Planetariumlaan 23D, 2610 Antwerpen (Wilrijk)
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Planetariumlaan 23D, 2610 Antwerpen (Wilrijk)",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Planetariumlaan",
"country": "BE",
"postcode": "2610",
"box_number": "D",
"street_number": "23",
"locality_suffix": null
},
"old_address": {
"raw": "Genkersteenweg 282, 3500 Hasselt",
"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Genkersteenweg",
"country": "BE",
"postcode": "3500",
"box_number": null,
"street_number": "282",
"locality_suffix": null
},
"effective_date": "2023-11-15",
"evidence_quote": "Conform artikel 2 van de statuten en conform artikel 2:4 van het Wetboek van vennootschappen en verenigingen bevestigt de enige bestuurder dat met ingang vanaf 15 november 2023 de zetel van de vennootschap werd verplaatst van Genkersteenweg 282, 3500 Hasselt naar Planetariumlaan 23D, 2610 Antwerpen ",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": 2,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-29",
"filing_date": "2023-12-18",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2023-11-21",
"unanimous": true
},
"subject_company": {
"kbo": "0792.955.204",
"name_full": "PPC Belgium",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0468.055.484",
"org_name": "CVBA Baker Tilly Belgium Accountants \u0026 Belastingconsulenten",
"person_name": null,
"org_rep_person_name": "Jos Aelbrecht",
"person_role_at_subject": null
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PPC Belgium |