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PPJJM

Active
Private limited companyfounded 20241 yr activeAdegemstraat 17, 2800 Mechelen, BelgiumKBO/BCE: BE 1016.606.124
Summary

PPJJM has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,972 and a net result of €19,572. Its solvency ranks better than 48% of 16718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency86
Growth-
Track record67
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.58; short-term debt: 38.8% and cash: 84.3% of total assets), and 38.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
61.2%
Return on assets
54.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 1 filing
Deviation from the deadline
2025
28 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PPJJM was incorporated on 26 November 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€21,972
Total assets
€35,880
Net result
€19,572
Working capital
€21,972

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €35,880
Equity €21,972
Debt €13,908
Debt finances 38.8% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.58
Debt to equity
0.63
ROE
89.1%
ROA
54.5%
Debt ≤ 1 year
€13,908
Income taxes
€5,170

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 27 lines
Balance sheet Code2025
Assets
Total assets20/58€35,880
Current assets29/58€35,880
Amounts receivable within one year40/41€2,330
Other amounts receivable41€2,330
Cash at bank and in hand54/58€30,245
Deferred charges and accrued income490/1€3,305
Equity and liabilities
Total equity and liabilities10/49€35,880
Equity10/15€21,972
Contributions10/11€2,400
Profit (loss) carried forward14€19,572
Amounts payable17/49€13,908
Amounts payable within one year42/48€13,908
Trade debts44€2,032
Suppliers440/4€2,032
Taxes, remuneration and social security45€450
Taxes450/3€450
Other amounts payable47/48€11,426
Income statement Code2025
Other operating charges640/8€264
Gross operating margin9900€25,050
Operating profit (loss)9901€24,786
Financial charges65/66B€45
Recurring financial charges65€45
Profit (loss) for the period before taxes9903€24,741
Income taxes67/77€5,170
Profit (loss) for the period9904€19,572
Profit (loss) for the period to be appropriated9905€19,572
Appropriation of the result
Profit (loss) to be appropriated9906€19,572

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€264
Gross operating margin9900€25,050
Operating profit (loss)9901€24,786
Financial charges65/66B€45
Recurring financial charges65€45
Profit (loss) for the period before taxes9903€24,741
Income taxes67/77€5,170
Profit (loss) for the period9904€19,572
Profit (loss) for the period to be appropriated9905€19,572
Line2025
Assets
Total assets20/58€35,880
Current assets29/58€35,880
Amounts receivable within one year40/41€2,330
Other amounts receivable41€2,330
Cash at bank and in hand54/58€30,245
Deferred charges and accrued income490/1€3,305
Equity and liabilities
Total equity and liabilities10/49€35,880
Equity10/15€21,972
Contributions10/11€2,400
Profit (loss) carried forward14€19,572
Amounts payable17/49€13,908
Amounts payable within one year42/48€13,908
Trade debts44€2,032
Suppliers440/4€2,032
Taxes, remuneration and social security45€450
Taxes450/3€450
Other amounts payable47/48€11,426
Line2025
Profit (loss) for the period9904€19,572
Operating cash flow (approximation)€19,572

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts

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.

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Directors · office · real estate

Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
236 m²
Building footprint
236 m²
Volume, LiDAR
3,247 m³
Parcel 12025E0761/00B000, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
PPJJM
Adegemstraat 17, 2800 MechelenOther business support services
since 20242.366.563.933
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12025E0761/00B000
ProtectedMonumentHerenhuis Keizerin met torenuurwerkmakerijSource ↗
Flanders 236 m² 1 · 236 m² 17.7 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 16,631 companies in sector 86220 we hold annual accounts for 7,985. 3,362 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
82990Other business support services
86931Psychology services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016606124
Registered 31-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.