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Complete company report
Generated 24-07-2026
Active BE 0797.435.515Private limited company

PPLAB

Avenue Louise 41 ·1480 Tubize, Belgium· 3 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of PPLAB is 3.3% (moderate). The 2024 annual accounts show equity of €60k and a net result of €26k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €60k
Net result €26k
Active 3 yrs
Board 1
Snowflake analysis 5 axes · computed by Checked
Health93Profitability100Solvency100Growth52Stability94
88 / 100

Exceptional profile, strong across almost every axis.

Health 93
Profitability 100
Solvency 100
Growth 52
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
3.3% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
93 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 11-08-2025 with the NBB · fiscal year 2024 · micro
€0€20k€40kOperating result 2023: €43k€43kNet result 2023: €33k€33kOperating result 2024: €34k€34kNet result 2024: €26k€26k20232024
Operating resultNet result
EBITDA
€37k
-19.8% 23-24
Net profit
€26k
-22.1% 23-24
Cash flow
€28k
-19.6% 23-24
Total assets
€85k
+32.1% 23-24
Equity
€60k
+70.5% 23-24
Working capital
€52k
+104.1% 23-24
Income taxes
€8k
-19.8% 23-24
Dividends
€859
- 23-24
Debt
€25k
-14.5% 23-24
Debt ≤ 1y
€22k
-22.5% 23-24
Current ratio
3.39
+77.7% 23-24
Quick ratio
3.39
+77.7% 23-24
Solvency
70.8%
+29.1% 23-24
Debt / equity
0.41
-49.9% 23-24
ROE
42.8%
-54.3% 23-24
ROA
30.3%
-41.0% 23-24
Interest coverage
68.84
+8.3% 23-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€37k
Net profit€26k
Cash flow€28k
Staff costs-
Income taxes€8k
Dividends€859
Total assets€85k
Equity€60k
Debt€25k
of which ≤ 1y€22k
of which > 1y-
Working capital€52k
Employees (FTE)-
Ratios (computed)
2024
Current ratio3.39
Quick ratio3.39
Working capital ratio61.8%
Solvency70.8%
Debt / equity0.41
Long-term debt ratio-
Interest coverage68.84
Gross margin-
Net margin-
ROA30.3%
ROE42.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€85k
Fixed assets 21/28€10k
Tangible fixed assets 22/27€10k
Current assets 29/58€74k
Amounts receivable within one year 40/41€29k
Cash & bank 54/58€22k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€85k
Equity 10/15€60k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€58k
Amounts payable 17/49€25k
Amounts payable within one year 42/48€22k
Trade debts payable within one year 44€18k
Income statement
Gross operating margin 9900€38k
Operating result 9901€34k
Financial income 75€25
Financial charges 65€534
Result before taxes 9903€33k
Income taxes 67/77€8k
Net result for the period 9904€26k
Result to be appropriated 9905€26k
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Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • Sarah Morelle
    Director
    State Gazette act 26004516 (09-01-2026)
    Current
    01-11-2025 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation20-01-2023
StatusActive
Postal code1480
Establishment units 1 location
PPLAB
Avenue Louise 41, 1480 TubizeVervaardiging van boormachines voor tandartsen
since 20232.340.914.064
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25097C0112/00R002 Wallonia 1,503 m² 1 · 132 m² 9.9 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
09-01-2026
State Gazette act Director changes
v3.2
2025
11-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
03-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
24-01-2023
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 6 months ago
2026
09-01-2026 Sarah Morelle appointed as director Director changes
  • Sarah Morelle, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Sarah Morelle",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-11-01",
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de nommer en qualit\u00E9 d\u0027administrateur la personne suivante de son mandat d\u0027administrateur r\u00E9mun\u00E9r\u00E9 : Administrateur Sarah Morelle"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0797.435.515",
    "name_full": "PPLAB",
    "legal_form": "SRL"
  }
}
2023
24-01-2023 Incorporation of a new SRL Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "1480 Tubize, Avenue Louise 41",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "Poortmans Pierre",
        "niss": null,
        "address": null
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 300000,
      "holder_person_name": "Poortmans Pierre",
      "is_subscriber_only": false,
      "n_shares_subscribed": 100,
      "amount_subscribed_eur": 300000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 2200,
  "subject_company": {
    "kbo": "0797.435.515",
    "name_full": "PPLAB",
    "legal_form": "SRL"
  },
  "initial_directors": [],
  "incorporation_date": "2023-01-19",
  "post_incorporation_mandates": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR PPLAB
Registered office
Avenue Louise 41
1480 Tubize, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative