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PPM

Active
Public limited companyfounded 198739 yrs activeMereldreef 48, 3140 Keerbergen, BelgiumKBO/BCE: BE 0432.108.274
Summary

PPM has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €358,321 and a net result of €13,588. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 8530 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Advertising agencies
NACE 73110NACE 74401
#6 oldest company in Keerbergen, Professional and technical services sector1 site
Size
€431,479total assets 2025
Staff
1 FTE
Equity
€358,321
Profit
€13,588
Turnover not published (abridged schema)
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Board
3 members
Accounts filed 12 d late1 of 7 deeds read
Why 94+ Founded in 1987+ Equity €358,321 (83.0% of total assets)+ Figures for FY 2025 (filed 13-02-2026)+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 53% of its sector peers (NACE 73, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 83.0% of total assets
Liquidity 55-5
short-term debt 12.7% · cash 5.7%
Profitability 49-26
return on assets 3.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,214 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%▲ +7.9% vs 11-2024 01-2025: < 0.1%▲ +14.6% vs 12-2024 02-2025: 0.1%▲ +12.8% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: 0.1%▼ -3.8% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%▲ +15.7% vs 09-2025 11-2025: 0.1%▲ +5.1% vs 10-2025 12-2025: 0.1%▲ +12.9% vs 11-2025 01-2026: 0.1%▲ +65.7% vs 12-2025 02-2026: 0.2%▲ +69.0% vs 01-2026highest value 03-2026: 0.1%▼ -71.9% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%▼ -3.6% vs 06-2026 08-2026: 0.1%▲ +1.9% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%▲ +14.8% vs 09-2026
  • Founded in 1987 lowers the probability for this profile
  • Equity €358,321 (83.0% of total assets) lowers the probability
  • Figures for FY 2025 (filed 13-02-2026) lowers the probability
  • Legal form Public limited company lowers the probability
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 6.88 against 7.91 in 2024; short-term debt: 12.7% and cash: 5.7% of total assets), and 17% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 73, micro). Better than this share of them on solvency 87%, liquidity 47%, profitability 29%, growth against the median 52%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Founded in 1987
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €358,321 (83.0% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 13-02-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-02-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
12 d late
2024
23 d early
2023
23 d early
2022
on the day
2021
6 d early
2019
34 d late
2018
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 25 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close07-10-2026 today31-01-2027 deadline
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
  1. Reappointments: Patrick Deroost (non-statutory director) and…Resignation: BV thesus consulting (non-statutory…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 12% on equitysector median €58,648 · 8,538 companies €358,321 View
  • New directorslatest change 17-01-2026 · 3 in office 3 joined View
  • Positive: 7 profitable years in a rowprofit 2025: €13,588 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€431,479
Profit
€13,588
Solvency
83.0%
Total assets▲ 10.4%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 31-01-2027
  1. 23-07-2026Reappointments: Patrick Deroost (non-statutory director) and Marijke…
  2. 12-02-2026Annual accounts filed
  3. 08-01-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Advertising agenciesNACE 73110
Founded
01-10-1987
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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