PPD
ActivePPD has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €41k and a net result of €6k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 51% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+64
Solvency72▲+1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.88 in 2023; short-term debt: 50.9% and cash: 25.3% of total assets), but 52.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
47.1%
Return on assets
7.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
5 d early
2022
30 d late
2021
31 d late
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€41k▼ 23.9%
2023 · €53k
2018: €45k
2019: €64k
2020: €82k
2021: €82k
2022: €85k
2023: €53k
2018 → 2024
Total assets
€86k▼ 25.3%
2023 · €115k
2018: €140k
2019: €111k
2020: €105k
2021: €114k
2022: €131k
2023: €115k
2018 → 2024
Net result
€6k
2023 · €-5k
2018: €17k
2019: €19k
2020: €17k
2021: €753
2022: €3k
2023: €-5k
2018 → 2024
Working capital
€36k▼ 26.2%
2023 · €49k
2018: €43k
2019: €64k
2020: €80k
2021: €76k
2022: €81k
2023: €49k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€82k-€82k▲ 0.9%€85k▲ 3.1%€53k▼ 37.2%€41k▼ 23.9%
Operating result€21k-€1k▼ 93.3%€4k▲ 151%€-4k€7k
Net result€17k-€753▼ 95.7%€3k▲ 238%€-5k€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7k after a loss of €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €86k
Fixed assets
€6k▼ 40.0%
Current assets
€80k▼ 23.9%
Equity and liabilities €86k
Equity
€41k▼ 23.9%
Debt
€46k▼ 26.4%
The debt ratio falls from 53.8% to 52.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11k▲
2023 · €-227
Cash flow
€10k▲
2023 · €-808
Solvency
47.1%▲
2023 · 46.2%
Current ratio
1.83▼
2023 · 1.88
Quick ratio
1.63▲
2023 · 1.55
Debt / equity
1.12▼
2023 · 1.16
ROE
15.1%▲
2023 · -8.9%
ROA
7.1%▲
2023 · -4.1%
Interest coverage
22.27▲
2023 · -0.39
Debt
€46k▼
2023 · €62k
Debt ≤ 1 year
€44k▼
2023 · €56k
Debt > 1 year
€2k▼
2023 · €6k
Staff costs
€58k▼
2023 · €86k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€115k€86k▼
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Leasing and similar rights25€10k€6k▼
Current assets29/58€105k€80k▼
Stocks and contracts in progress3€19k€9k▼
Stocks30/36€4k€2k▼
Contracts in progress37€15k€7k▼
Amounts receivable within one year40/41€26k€20k▼
Trade receivables40€23k€18k▼
Other amounts receivable41€3k€3k▼
Current investments50/53€53k€27k▼
Cash at bank and in hand54/58€7k€22k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€115k€86k▼
Equity10/15€53k€41k▼
Contributions10/11€19k€19k=
Reserves13€39k€21k▼
Distributable reserves133€39k€21k▼
Profit (loss) carried forward14€-5k€1k▲
Amounts payable17/49€62k€46k▼
Amounts payable after more than one year17€6k€2k▼
Financial debts170/4€6k€2k▼
Amounts payable within one year42/48€56k€44k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€8k€5k▼
Suppliers440/4€8k€5k▼
Taxes, remuneration and social security45€4k€942▼
Taxes450/3€1k€942▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€40k€34k▼
Income statement
Code20232024
Remuneration, social security and pensions62€86k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€867€1k▲
Gross operating margin9900€87k€69k▼
Operating profit (loss)9901€-4k€7k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€582€473▼
Recurring financial charges65€582€473▼
Profit (loss) for the period before taxes9903€-5k€6k▲
Profit (loss) for the period9904€-5k€6k▲
Profit (loss) for the period to be appropriated9905€-5k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€1k▲
Profit (loss) brought forward from the previous period14P-€-5k
Transfer from equity791/2€27k€19k▼
Profit to be distributed694/7€27k€19k▼
Return on contributions (dividend)694€27k€19k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-5k ▼287%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Highest result since 2018net €19k ▲13.6%
Operating result €26k, net result €19k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zutendaal · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Trichterweg 130 B3690 ZutendaalGround area
1,415 m²
Building footprint
222 m²
Volume, LiDAR
964 m³
Parcel 71067B1026/00A003, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PPD
since 20162.258.346.575
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71067B1026/00A003 | Flanders | 1,415 m² | 1 · 222 m² | 8.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 28,942 EUR awarded · 28,942 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,730 EUR | 7,730 EUR |
| 2024 | 2 | 5,888 EUR | 5,888 EUR |
| 2023 | 1 | 7,524 EUR | 7,524 EUR |
| 2022 | 1 | 7,800 EUR | 7,800 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Similar companies · same sector, comparable size
JOZO
BE 0782.925.602
Liège · Eq €41k
ISOPOLY
BE 0737.929.478
Kampenhout · Eq €42k
PAKO RÉNOVATION
BE 0779.297.010
Jette · Eq €42k
F.M.R.
BE 0434.259.793
Tubize · Eq €42k
Scheerlinck wonen en meer
BE 0660.946.221
Ninove · Eq €39k
Of 914 companies in sector 43333 we hold annual accounts for 400. 318 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2016
Fiscal year end31-12
Activities, NACEBEL
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.