Checked.be
Active
BE 0880.678.737Private limited company (pre-2019)
PPCOMPUTER
Drie Koningenstraat 159 ·1180 Ukkel, Belgium· 20 yrs active
Sector: Computer consultancy and computer facilities management
(62200)
Conclusion
PPCOMPUTER has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €98k and a net result of €702. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 20795 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €98k |
| Net result | €702 |
| Better than sector | 34% |
| Active | 20 yrs |
Financial profile
61
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
76
Profitability
4
Solvency
91
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2006, 20 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
76
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€7k
estimate, not credit advice
Score history
86
2022
100
2023
76
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.29 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.08 (≥ 1.0)
+5
Leverage
Debt/equity 1.16 (< 2.0)
+3
Profitability
ROE 1%
+3
Interest coverage
Interest coverage 13.5× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 02-10-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~3.7%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
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).
Sector comparison
Fiscal year 2024 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 46.4% | 62.9% | |
| Net result | €702 | €27k | |
| Equity | €98k | €74k | |
| Gross operating margin | €28k | €53k | |
| Total assets | €212k | €136k |
€27k
-39.3%
22-24
€702
-97.8%
22-24
€11k
-68.5%
22-24
€212k
0.0%
22-24
€98k
-16.4%
22-24
€114k
-15.5%
22-24
€16k
+47.4%
22-24
€114k
+20.5%
22-24
€88k
+14.1%
22-24
€26k
+49.7%
22-24
2.29
-16.4%
22-24
2.08
-20.4%
22-24
46.4%
-16.4%
22-24
1.16
+44.1%
22-24
0.7%
-97.3%
22-24
0.3%
-97.8%
22-24
13.46
-38.3%
22-24
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | -39.3% | +99.8% | - |
| Net profit | -97.8% | +249.6% | - |
| Cash flow | -68.5% | +117.5% | - |
| Staff costs | - | - | - |
| Income taxes | +47.4% | +39.3% | - |
| Dividends | - | - | - |
| Total assets | 0.0% | +1.9% | - |
| Equity | -16.4% | +10.7% | - |
| Debt | +20.5% | -7.2% | - |
| of which ≤ 1y | +14.1% | -2.2% | - |
| of which > 1y | +49.7% | -24.5% | - |
| Working capital | -15.5% | +6.6% | - |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 2.29 | 2.74 | 2.60 |
| Quick ratio | 2.08 | 2.61 | 2.60 |
| Working capital ratio | 53.7% | 63.5% | 60.7% |
| Solvency | 46.4% | 55.5% | 51.1% |
| Debt / equity | 1.16 | 0.80 | 0.96 |
| Long-term debt ratio | 0.26 | 0.15 | 0.21 |
| Interest coverage | 13.46 | 21.81 | 21.23 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 0.3% | 14.8% | 4.3% |
| ROE | 0.7% | 26.6% | 8.4% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €212k | €212k | €208k |
| Fixed assets | 21/28 | €10k | - | €3k |
| Tangible fixed assets | 22/27 | €10k | - | €3k |
| Current assets | 29/58 | €202k | €212k | €205k |
| Stocks & contracts in progress | 3 | €19k | €10k | - |
| Amounts receivable within one year | 40/41 | €36k | €47k | €45k |
| Cash & bank | 54/58 | €3k | €5k | €7k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €212k | €212k | €208k |
| Equity | 10/15 | €98k | €118k | €106k |
| Contributions / capital | 10/11 | €6k | €6k | €6k |
| Reserves | 13 | €32k | €32k | €32k |
| Accumulated profits (losses) | 14 | €60k | €80k | €68k |
| Amounts payable | 17/49 | €114k | €94k | €102k |
| Amounts payable after one year | 17 | €26k | €17k | €23k |
| Amounts payable within one year | 42/48 | €88k | €77k | €79k |
| Trade debts payable within one year | 44 | €59k | €53k | €43k |
| Income statement | ||||
| Gross operating margin | 9900 | €28k | €46k | €23k |
| Operating result | 9901 | €17k | €43k | €16k |
| Financial income | 75 | €1k | €2k | €2k |
| Financial charges | 65 | €2k | €2k | €1k |
| Result before taxes | 9903 | €17k | €42k | €17k |
| Income taxes | 67/77 | €16k | €11k | €8k |
| Net result for the period | 9904 | €702 | €31k | €9k |
| Result to be appropriated | 9905 | €702 | €31k | €9k |
Legal Structure
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 12-04-2006 |
| Status | Active |
| Postal code | 1180 |
Establishment units
PPCOMPUTER
since 20062.153.268.059
Real-estate footprint
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92088C0045/00Y000 | Wallonia | 833 m² | 1 · 107 m² | - |
| 21616G0346/00E002 | Brussels | 208 m² | 1 · 60 m² | 12.5 m · 4 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
31-12
Financial
Weakest financial yearnet €702 ▼97.8%
Net result drops to €702, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 311 days late
2023
31-12
Financial
Highest result since 2022net €31k ▲250%
Operating result €43k, net result €31k, both a record.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
25-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 299 days late
2013
10-12
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 132 days late
2012
20-11
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 112 days late
2011
05-12
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 127 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
IT consultancy62020Computer consultancy and computer facilities management6220072100Retail sale of information and communication equipment47400Retail trade4741052487
Names & trade names
| Legal nameFR | PPCOMPUTER |
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