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PPC SOLUTIONS

Active Private limited companyfounded 1996active for 30 yearsBrusselsesteenweg 202, 1980 ZemstKBO/BCE: BE 0457.438.340

Lifetime

20 annual accounts with figures on one time axis, 29 filings since 1997
peak €126,205 (2020)
€93,920▼ 2.1%
lowest -€51,625 (2021)
€10,224▼ 70.2%
peak €54,822 (2012)
€50,667▲ 25.3%
€118,305▼ 2.6%
peak 2.4 FTE (2017)
-not published
Board3 names since 2023
1 directorPPC PRO
Documentsfilings and deeds
14-10-202675 days late
2025micro format
Result from €34,304 to €10,224Equity from €40,443 to €50,667

Key points

from the 2025 annual accounts

Debts

€118,305 70% of the balance sheet
Financial debts 67%Suppliers 2%Taxes and wages 19%Other 12%

Of this, €37,161 falls due within a year.

Staff

3 employees on 31-12-2025
112021242023442024872025

In 2025, 8 people joined and 7 left.

Filings

29 annual accounts 75 days
AprilJune31 JulyOctober200020102020

Latest accounts filed late: after the legal deadline.

Checked score

84
Excellent
Financially stronger than 67% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 0.9%▼ -0.1 percentage points vs 05-2025 07-2025: 1.2%▲ +0.3 percentage points vs 06-2025 08-2025: 1.7%▲ +0.5 percentage points vs 07-2025 09-2025: 2.0%▲ +0.3 percentage points vs 08-2025highest value 10-2025: 0.4%▼ -1.6 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026 10-2026: 0.5%▼ -0.4 percentage points vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026

Financial strength
Strong

55+5equity 30.0% of total assets
78+2short-term debt 22.0% · cash 28.7%
76-19return on assets 6.1%

Score breakdown

raises risk
Last filed accounts filed 75 days late; 3 of the last 3 accounts late
Size: total assets €168,972
lowers risk
Founded in 1996
Liquidity: current ratio 2.40, cash €48,456
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 46% of them on solvency, 83% on liquidity, 62% on profitability and 77% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 3,818 companies had the same profile as PPC SOLUTIONS has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of PPC SOLUTIONS itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,818 companies, not a prediction for PPC SOLUTIONS. 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

Credit of up to €4,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.4 (2.22 in 2024), above the usual 1.5. Short-term debt is 22% and cash 28.7% of total assets. However, 70% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 75 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 2.40, cash €48,456
NBB · annual accounts
raises risk · Size: total assets €168,972
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €50,667
raises risk · 2025 accounts filed 75 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
75 days late
2024
57 days late
2023
61 days late
2022
65 days late
2021
82 days late
2020
2 days early
2019
107 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 64 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PP
Director, Philip Keuleers, since 04-10-2023
Board & ownership

Recent changes

1 director appointed, 2 managers resigning Resignations: Philip Keuleers (manager) and Matti Moeyersons (manager) · Appointment: PPC Pro (director) · Permanent representative: Philip Keuleers · General meeting of 04-10-2023 · Gazette deed
First establishment Brusselsesteenweg 202, Zemst
Incorporation published on 29-03-1996 · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
PPC SOLUTIONS Zemst €168,972 €93,920 30.0% -
DATAREX Meise €138,266 €83,391 69.9% -
E.De.L.Com Antwerp €198,154 €86,119 78.6% -
POINT G.S.M. Liège €178,218 €82,019 79.7% -
CORNIL Ronse €208,928 €81,197 93.3% -
Offermans Bertem €166,402 €122,483 88.6% -
SJIM Merchtem €142,564 €67,111 95.4% -

These companies have the same main activity as PPC SOLUTIONS: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €138,000 and €209,000, founded between 1995 and 2000.

Official details

Source: KBO
Status
Active since 07-03-1996Normal situation
Activity
Retail sale of information and communication equipmentNACE 47400
Joint committee
201Independent retail · annual accounts 2025
Establishment unit
2.173.917.3791980 Zemst, since 22-10-2008
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €700,000estimated
€168,972▲ 4.4%
Employeeson 31-12-2025
3▲ 50.0%
Filing
Filed on 14-10-2026
Financials

Insights on PPC SOLUTIONS

PPC SOLUTIONS files the micro format. That format states no turnover. The gross margin rose from €9,837 in 2006 to €93,920 in 2025.

The balance sheet grew most from 2011 to 2013 through fixed assets.

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 PPC SOLUTIONS

What is the company number of PPC SOLUTIONS?
The company number of PPC SOLUTIONS is 0457.438.340. The VAT number is the same number with BE in front: BE 0457.438.340.
Where is PPC SOLUTIONS based?
The registered office is at Brusselsesteenweg 202, 1980 Zemst.Company details
What does PPC SOLUTIONS do?
According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
What is the legal form of PPC SOLUTIONS?
PPC SOLUTIONS is a private limited company (BV).
When was PPC SOLUTIONS founded?
PPC SOLUTIONS was founded on 07-03-1996.
Is PPC SOLUTIONS still active?
Yes, PPC SOLUTIONS is an active enterprise in the KBO register.
How many employees does PPC SOLUTIONS have?
PPC SOLUTIONS had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PPC SOLUTIONS fall under?
In its 2025 annual accounts, PPC SOLUTIONS states joint committee 201 (Independent retail).
What is the turnover of PPC SOLUTIONS?
The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €93,920 and 294 comparable companies (NACE 47). It probably lies between €390,000 and €1.2m.
Is PPC SOLUTIONS profitable?
In financial year 2025, PPC SOLUTIONS made a profit of €10,224.
Where can I find the annual accounts of PPC SOLUTIONS?
PPC SOLUTIONS filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PPC SOLUTIONS due?
PPC SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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