PPHP
ActiveFinancials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 4 November 2026.
Annual accounts 2023 filed on 27-09-2024 PDF all 8 filings
Turnover
€51,979▲ 14.8%
2022 · €45,285
EBIT margin
-35.2%▼ 16.2pp
2022 · -19.0%
Net result
-€18,358▼ 109%
2022 · -€8,763
Working capital
€4,925▼ 78.0%
2022 · €22,423
Multi-year overview
2018 to 2023, 6 financial yearsTurnover
€51,979
▲ 14.8%
2023
20182023
Operating result
-€18,307
▼ 113%
2023
20182023
Net result
-€18,358
▼ 109%
2023
lowest quarter of the sector
20182023
EBIT margin
-35.2%
▼ 16.2pp
2023
20182023
Equity
€9,682
▼ 65.5%
2023
middle half of the sector
20182023
Total assets
€25,374
▼ 34.6%
2023
lowest quarter of the sector
20182023
Debt
€15,692
▲ 45.6%
2023
20182023
Working capital
€4,925
▼ 78.0%
2023
middle half of the sector
20182023
Solvency
38.2%
▼ 34.1pp
2023
middle half of the sector
20182023
Current ratio
1.31
▼ 1.77
2023
middle half of the sector
20182023
Return on assets (ROA)
-72.3%
▼ 49.8pp
2023
lowest quarter of the sector
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€38,098-€41,807▲ 9.7%€43,572▲ 4.2%€46,844▲ 7.5%€45,285▼ 3.3%€51,979▲ 14.8%
Operating result€553--€5,643€15,493€3,301▼ 78.7%-€8,593-€18,307▼ 113%
Net result€388--€6,116€15,622within the sector's middle half€452within the sector's middle half▼ 97.1%-€8,763below the sector's middle half-€18,358below the sector's middle half▼ 109%
EBIT margin1.5%--13.5%▼ 14.9pp35.6%▲ 49.1pp7.0%▼ 28.5pp-19.0%▼ 26.0pp-35.2%▼ 16.2pp
Equity€26,845-€20,729▼ 22.8%€40,281within the sector's middle half▲ 94.3%€36,802within the sector's middle half▼ 8.6%€28,039within the sector's middle half▼ 23.8%€9,682within the sector's middle half▼ 65.5%
Total assets€31,253-€26,105▼ 16.5%€43,786below the sector's middle half▲ 67.7%€42,182below the sector's middle half▼ 3.7%€38,816below the sector's middle half▼ 8.0%€25,374below the sector's middle half▼ 34.6%
Debt€4,408-€5,376▲ 22.0%€3,505▼ 34.8%€5,380▲ 53.5%€10,777▲ 100%€15,692▲ 45.6%
Working capital€22,461-€17,441▼ 22.3%€36,089within the sector's middle half▲ 107%€33,706within the sector's middle half▼ 6.6%€22,423within the sector's middle half▼ 33.5%€4,925within the sector's middle half▼ 78.0%
Solvency85.9%-79.4%▼ 6.5pp92.0%above the sector's middle half▲ 12.6pp87.2%above the sector's middle half▼ 4.7pp72.2%above the sector's middle half▼ 15.0pp38.2%within the sector's middle half▼ 34.1pp
Current ratio6.10-4.24▼ 1.8511.30above the sector's middle half▲ 7.057.27above the sector's middle half▼ 4.033.08above the sector's middle half▼ 4.181.31within the sector's middle half▼ 1.77
Return on assets (ROA)1.2%--23.4%▼ 24.7pp35.7%above the sector's middle half▲ 59.1pp1.1%within the sector's middle half▼ 34.6pp-22.6%below the sector's middle half▼ 23.6pp-72.3%below the sector's middle half▼ 49.8pp
above
within
below
The sector band is the middle half of the companies in Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2023 is a loss of €18,307, larger than the loss of €8,593 in 2022. It is the lowest result since 2019.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €25,374
Fixed assets
€4,757 ▼ 15.3%
Current assets
€20,617 ▼ 37.9%
Equity and liabilities €25,374
Equity
€9,682 ▼ 65.5%
Debt
€15,692 ▲ 45.6%
Debt's share of the balance-sheet total rises from 27.8% to 61.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€17,448▼
2022 · -€6,817
Cash flow
-€17,499▼
2022 · -€6,987
Quick ratio
0.14▼
2022 · 1.39
Debt to equity
1.62▲
2022 · 0.38
ROE
-189.6%▼
2022 · -31.3%
Interest coverage
-343.12▼
2022 · -139.12
Debt ≤ 1 year
€15,692▲
2022 · €10,777
Customer credit
14 days▼
2022 · 49 days
Supplier credit
12 days▼
2022 · 53 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €4,296 | - |
| Depreciation and write-downs of the year | €1,096 | €1,776 | €859 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €38,098 | €41,807 | €43,572 | €46,844 | €45,285 | €51,979 | ▲ 14.8% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €42,447 | €52,040 | €69,243 | ▲ 33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,096 | €1,096 | €1,096 | €1,096 | €1,776 | €859 | ▼ 51.6% |
| Other operating charges640/8 | - | - | - | - | €62 | €184 | ▲ 197% |
| Gross operating margin9900 | €2,278 | -€3,950 | €18,173 | €4,397 | -€6,755 | -€17,264 | ▼ 156% |
| Operating profit (loss)9901 | €553 | -€5,643 | €15,493 | €3,301 | -€8,593 | -€18,307 | ▼ 113% |
| Financial income75/76B | - | - | - | €51 | - | €0 | - |
| Recurring financial income75 | - | - | €200 | €51 | - | €0 | - |
| Financial charges65/66B | - | - | - | €37 | €49 | €51 | ▲ 3.8% |
| Recurring financial charges65 | €27 | €33 | €71 | €37 | €49 | €51 | ▲ 3.8% |
| Profit (loss) for the period before taxes9903 | €526 | -€5,676 | €15,622 | €3,315 | -€8,642 | -€18,358 | ▼ 112% |
| Income taxes67/77 | €138 | €440 | - | €2,863 | €121 | - | - |
| Profit (loss) for the period9904 | €388 | -€6,116 | €15,622 | €452 | -€8,763 | -€18,358 | ▼ 109% |
| Profit (loss) for the period to be appropriated9905 | €388 | -€6,116 | €15,622 | €452 | -€8,763 | -€18,358 | ▼ 109% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €31,253 | €26,105 | €43,786 | €42,182 | €38,816 | €25,374 | ▼ 34.6% |
| Fixed assets21/28 | €4,384 | €3,288 | €4,192 | €3,096 | €5,616 | €4,757 | ▼ 15.3% |
| Tangible fixed assets22/27 | €4,384 | €3,288 | €2,192 | €1,096 | €3,616 | €2,757 | ▼ 23.8% |
| Furniture and vehicles24 | - | - | - | €1,096 | €3,616 | €2,757 | ▼ 23.8% |
| Financial fixed assets28 | - | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Current assets29/58 | €26,869 | €22,817 | €39,594 | €39,086 | €33,200 | €20,617 | ▼ 37.9% |
| Stocks and contracts in progress3 | - | - | €3,500 | €13,050 | €18,170 | €18,420 | ▲ 1.4% |
| Stocks30/36 | - | - | - | €13,050 | €18,170 | €18,420 | ▲ 1.4% |
| Amounts receivable within one year40/41 | €4,003 | €11,620 | €10,931 | €6,440 | €6,494 | €1,939 | ▼ 70.1% |
| Trade receivables40 | - | - | - | €2,997 | €6,067 | €1,939 | ▼ 68.0% |
| Other amounts receivable41 | - | - | - | €3,443 | €427 | - | - |
| Cash at bank and in hand54/58 | €22,866 | €11,197 | €23,019 | €19,596 | €8,536 | €258 | ▼ 97.0% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €31,253 | €26,105 | €43,786 | €42,182 | €38,816 | €25,374 | ▼ 34.6% |
| Equity10/15 | €26,845 | €20,729 | €40,281 | €36,802 | €28,039 | €9,682 | ▼ 65.5% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €8,245 | €2,129 | €17,751 | €18,202 | €9,439 | -€8,918 | - |
| Amounts payable17/49 | €4,408 | €5,376 | €3,505 | €5,380 | €10,777 | €15,692 | ▲ 45.6% |
| Amounts payable within one year42/48 | €4,408 | €5,376 | €3,505 | €5,380 | €10,777 | €15,692 | ▲ 45.6% |
| Trade debts44 | €1,958 | €1,376 | €872 | €67 | €7,524 | €2,288 | ▼ 69.6% |
| Suppliers440/4 | - | - | - | €67 | €7,524 | €2,288 | ▼ 69.6% |
| Taxes, remuneration and social security45 | - | - | - | €5,313 | €2,450 | €8,795 | ▲ 259% |
| Taxes450/3 | - | - | - | €5,313 | €2,450 | €8,795 | ▲ 259% |
| Remuneration and social security454/9 | - | - | - | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €803 | €4,609 | ▲ 474% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €388 | -€6,116 | €15,622 | €452 | -€8,763 | -€18,358 | ▼ 109% |
| + Depreciation and write-downs630 | €1,096 | €1,096 | €1,096 | €1,096 | €1,776 | €859 | ▼ 51.6% |
| Operating cash flow (approximation) | €1,484 | -€5,020 | €16,718 | €1,548 | -€6,987 | -€17,499 | ▼ 150% |
| Investment in fixed assets (approximation) | - | €0 | -€2,000 | €0 | -€4,296 | -€0 | ▲ 100.0% |
| Change in cash | - | -€11,669 | €11,822 | -€3,423 | -€11,060 | -€8,278 | ▲ 25.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 27-09-2024 | 2024-00485418 | |
| 31-12-2022 | micro format | 08-10-2023 | 2023-00476472 | |
| 31-12-2021 | micro format | 02-10-2022 | 2022-20446028 | |
| 31-12-2020 | micro format | 25-11-2021 | 2021-78600345 | |
| 31-12-2019 | micro format | 15-11-2020 | 2020-71300314 | |
| 31-12-2018 | full format | 17-09-2019 | 2019-64700188 | |
| 31-12-2017 | micro format | 02-10-2018 | 2018-68100438 | |
| 31-12-2016 | micro format | 21-09-2017 | 2017-63800229 |