PPHP
ActiveThe computed 12-month bankruptcy probability of PPHP is 1.9% (moderate). For PPHP, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €10k and a net result of €-18k. Equity is shrinking by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 3283 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency63▼-34
Growth40▼-11
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
38.2%
Return on assets
-72.3%
Age of the figures
33 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline19-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-09-2024, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
58 d late
2022
69 d late
2021
63 d late
2020
117 d late
2019
107 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€52k▲ 14.8%
2022 · €45k
2018: €38k
2019: €42k
2020: €44k
2021: €47k
2022: €45k
2018 → 2023
EBIT margin
-35.2%▼ 16.2pp
2022 · -19.0%
2018: 1.5%
2019: -13.5%
2020: 35.6%
2021: 7.0%
2022: -19.0%
2018 → 2023
Net result
€-18k▼ 109%
2022 · €-9k
2018: €388
2019: €-6k
2020: €16k
2021: €452
2022: €-9k
2018 → 2023
Working capital
€5k▼ 78.0%
2022 · €22k
2018: €22k
2019: €17k
2020: €36k
2021: €34k
2022: €22k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€42k-€44k▲ 4.2%€47k▲ 7.5%€45k▼ 3.3%€52k▲ 14.8%
Equity€21k-€40k▲ 94.3%€37k▼ 8.6%€28k▼ 23.8%€10k▼ 65.5%
Operating result€-6k-€15k€3k▼ 78.7%€-9k€-18k▼ 113%
Net result€-6k-€16k€452▼ 97.1%€-9k€-18k▼ 109%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2023 against €9k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €25k
Fixed assets
€5k▼ 15.3%
Current assets
€21k▼ 37.9%
Equity and liabilities €25k
Equity
€10k▼ 65.5%
Debt
€16k▲ 45.6%
The debt ratio rises from 27.8% to 61.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-17k▼
2022 · €-7k
Cash flow
€-17k▼
2022 · €-7k
Solvency
38.2%▼
2022 · 72.2%
Current ratio
1.31▼
2022 · 3.08
Quick ratio
0.14▼
2022 · 1.39
Debt / equity
1.62▲
2022 · 0.38
ROE
-189.6%▼
2022 · -31.3%
ROA
-72.3%▼
2022 · -22.6%
Interest coverage
-343.12▼
2022 · -139.12
Debt
€16k▲
2022 · €11k
Debt ≤ 1 year
€16k▲
2022 · €11k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€39k€25k▼
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€2k€2k=
Current assets29/58€33k€21k▼
Stocks and contracts in progress3€18k€18k▲
Stocks30/36€18k€18k▲
Amounts receivable within one year40/41€6k€2k▼
Trade receivables40€6k€2k▼
Other amounts receivable41€427-
Cash at bank and in hand54/58€9k€258▼
Equity and liabilities
Total equity and liabilities10/49€39k€25k▼
Equity10/15€28k€10k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€9k€-9k▼
Amounts payable17/49€11k€16k▲
Amounts payable within one year42/48€11k€16k▲
Trade debts44€8k€2k▼
Suppliers440/4€8k€2k▼
Taxes, remuneration and social security45€2k€9k▲
Taxes450/3€2k€9k▲
Other amounts payable47/48€803€5k▲
Income statement
Code20222023
Turnover70€45k€52k▲
Goods, raw materials, services and sundry goods60/61€52k€69k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€859▼
Other operating charges640/8€62€184▲
Gross operating margin9900€-7k€-17k▼
Operating profit (loss)9901€-9k€-18k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€49€51▲
Recurring financial charges65€49€51▲
Profit (loss) for the period before taxes9903€-9k€-18k▼
Income taxes67/77€121-
Profit (loss) for the period9904€-9k€-18k▼
Profit (loss) for the period to be appropriated9905€-9k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-9k▼
Profit (loss) brought forward from the previous period14P€18k€9k▼
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
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
02-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 63 days late
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 11.30
Current ratio from 4.24 to 11.30; short-term debt falls from €5k to €4k.
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 107 days late
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 48 days late
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 63 days late
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 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.
Stalingradlaan 521000 BrusselGround area
646 m²
Building footprint
437 m²
Volume, LiDAR
4,646 m³
2 parcels, Brussels, Flanders · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PPHP
since 20162.303.675.566
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0170/02B005 | Brussels | 336 m² | 1 · 340 m² | 21.1 m · 5 fl. |
| 23081A0370/00R000 | Flanders | 310 m² | 1 · 97 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
SimFort
BE 0707.879.472
Herent · Eq €10k
DELTACOMGROUP BELGIUM
BE 0771.482.174
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BENCH SYSTEM
BE 0500.851.778
Brussel · Eq €9k
VISIOSOFT
BE 0866.269.584
Visé · Eq €9k
ONE CLICK REPAIR
BE 0777.998.495
Antwerpen · Eq €9k
Of 863 companies in sector 95100 we hold annual accounts for 265. 136 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-05-2016
Fiscal year end31-12
Activities, NACEBEL
95100Repair and maintenance of computers and communication equipment
95120Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
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.