PPOP Services
ActiveSummary
PPOP Services has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €750k and a net result of €32k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability48▼-2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 86.89 against 58.76 in 2023; short-term debt: 1.1% and cash: 1.9% of total assets), and 1.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
98.9%
Return on assets
4.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
41 d early
2022
42 d early
2021
37 d early
2020
101 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€750k▲ 4.4%
2023 · €718k
Total assets
€759k▲ 3.9%
2023 · €730k
Net result
€32k▼ 15.6%
2023 · €38k
Working capital
€737k▲ 5.3%
2023 · €699k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€90k▼ 20.5%€53k▼ 40.9%€51k▼ 4.9%€45k▼ 10.6%€35k▼ 23.0%
Net result€61k▼ 16.0%€41k▼ 33.4%€40k▼ 0.8%€38k▼ 6.1%€32k▼ 15.6%
Equity€685k▲ 9.8%€725k▲ 5.9%€766k▲ 5.6%€718k▼ 6.2%€750k▲ 4.4%
Total assets€694k▲ 10.4%€740k▲ 6.7%€782k▲ 5.6%€730k▼ 6.6%€759k▲ 3.9%
Debt€9k▲ 84.5%€15k▲ 63.9%€16k▲ 8.2%€12k▼ 24.8%€9k▼ 29.2%
Working capital€685k▲ 9.8%€725k▲ 5.9%€743k▲ 2.4%€699k▼ 5.8%€737k▲ 5.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 23% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €759k
Fixed assets
€13k ▼ 28.6%
Current assets
€745k ▲ 4.8%
Equity and liabilities €759k
Equity
€750k ▲ 4.4%
Debt
€9k ▼ 29.2%
Debt's share of the balance-sheet total falls from 1.7% to 1.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40k▼
2023 · €50k
Cash flow
€37k▼
2023 · €43k
Current ratio
86.89▲
2023 · 58.76
Debt to equity
0.01▼
2023 · 0.02
ROE
4.3%▼
2023 · 5.3%
ROA
4.2%▼
2023 · 5.2%
Interest coverage
-290.57
Debt ≤ 1 year
€9k▼
2023 · €12k
Income taxes
€16k▼
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €515 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €2k | €5k | €5k | ▲ 4.2% |
| Other operating charges640/8 | - | €741 | €1k | €879 | €1k | ▲ 15.5% |
| Gross operating margin9900 | €91k | €54k | €54k | €51k | €41k | ▼ 19.6% |
| Operating profit (loss)9901 | €90k | €53k | €51k | €45k | €35k | ▼ 23.0% |
| Financial income75/76B | - | €7k | €10k | €11k | €12k | ▲ 10.9% |
| Recurring financial income75 | €0 | €7k | €10k | €11k | €12k | ▲ 10.9% |
| Financial charges65/66B | - | €101 | €26 | €0 | €-138 | - |
| Recurring financial charges65 | €78 | €101 | €26 | €0 | €-138 | - |
| Profit (loss) for the period before taxes9903 | €90k | €60k | €60k | €56k | €47k | ▼ 16.0% |
| Income taxes67/77 | €29k | €19k | €20k | €19k | €16k | ▼ 16.8% |
| Profit (loss) for the period9904 | €61k | €41k | €40k | €38k | €32k | ▼ 15.6% |
| Profit (loss) for the period to be appropriated9905 | €61k | €41k | €40k | €38k | €32k | ▼ 15.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €694k | €740k | €782k | €730k | €759k | ▲ 3.9% |
| Fixed assets21/28 | - | - | €23k | €19k | €13k | ▼ 28.6% |
| Tangible fixed assets22/27 | - | - | €23k | €19k | €13k | ▼ 28.6% |
| Furniture and vehicles24 | - | - | €23k | €19k | €13k | ▼ 28.6% |
| Current assets29/58 | €694k | €740k | €759k | €711k | €745k | ▲ 4.8% |
| Amounts receivable after more than one year29 | - | €377k | €386k | €361k | €370k | ▲ 2.5% |
| Other amounts receivable291 | - | €377k | €386k | €361k | €370k | ▲ 2.5% |
| Amounts receivable within one year40/41 | €7k | €19k | €11k | €28k | €10k | ▼ 62.9% |
| Trade receivables40 | - | €19k | €11k | €28k | €10k | ▼ 62.9% |
| Current investments50/53 | €199k | €199k | €199k | €199k | €349k | ▲ 75.3% |
| Cash at bank and in hand54/58 | €488k | €145k | €162k | €123k | €15k | ▼ 88.0% |
| Deferred charges and accrued income490/1 | - | €79 | €0 | €959 | €958 | ▼ 0.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €694k | €740k | €782k | €730k | €759k | ▲ 3.9% |
| Equity10/15 | €685k | €725k | €766k | €718k | €750k | ▲ 4.4% |
| Contributions10/11 | - | €98k | €98k | €12k | €12k | = |
| Reserves13 | €587k | €628k | €668k | €706k | €738k | ▲ 4.5% |
| Non-distributable reserves130/1 | - | €12k | €12k | €0 | - | - |
| Reserves not available under the articles1311 | - | €12k | €12k | €0 | - | - |
| Distributable reserves133 | - | €615k | €655k | €706k | €738k | ▲ 4.5% |
| Amounts payable17/49 | €9k | €15k | €16k | €12k | €9k | ▼ 29.2% |
| Amounts payable within one year42/48 | €9k | €15k | €16k | €12k | €9k | ▼ 29.2% |
| Trade debts44 | €1k | €4 | €683 | €251 | €117 | ▼ 53.2% |
| Suppliers440/4 | - | €4 | €683 | €251 | €117 | ▼ 53.2% |
| Taxes, remuneration and social security45 | - | €14k | €15k | €11k | €8k | ▼ 29.7% |
| Taxes450/3 | - | €14k | €15k | €11k | €8k | ▼ 29.7% |
| Other amounts payable47/48 | - | €883 | €883 | €883 | €745 | ▼ 15.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61k | €41k | €40k | €38k | €32k | ▼ 15.6% |
| + Depreciation and write-downs630 | - | - | €2k | €5k | €5k | ▲ 4.2% |
| Operating cash flow (approximation) | €61k | €41k | €43k | €43k | €37k | ▼ 13.2% |
| Investment in fixed assets (approximation) | - | - | - | €-842 | €0 | ▲ 100% |
| Change in cash | - | €-342k | €17k | €-40k | €-108k | ▼ 172% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €32k ▼15.6%
Net result drops to €32k, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Edegem
Ground area
287 m²
Building footprint
98 m²
Volume, LiDAR
633 m³
Parcel 11013A0252/00F016, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0252/00F016 | Flanders | 287 m² | 1 · 98 m² | 11.2 m · 3 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.
Similar companies · same sector, comparable size
BELBOOM-CHARLIER Conseils
BE 0677.421.868
Liège · Eq €750,063
BHZ
BE 0783.679.727
Herve · Eq €750,190
AscensuS
BE 0881.246.483
Tielt-Winge · Eq €750,194
CASA AUCTION
BE 0503.898.568
Etterbeek · Eq €750,195
LC FINANCE
BE 0747.924.240
Nivelles · Eq €749,889
Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 30,891 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
Founded25-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.