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PPP Communication

Active
Private limited companyfounded 20251 yr activeAlbert Dilliestraat 11, 1081 Koekelberg, BelgiumKBO/BCE: BE 1018.266.903
Summary

The computed 12-month bankruptcy probability of PPP Communication is 1.7% (moderate). The 2025 annual accounts show negative equity (-€2,785) and a net result of -€4,785. Its solvency ranks better than 5% of 2021 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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
7 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

On 6 January 2025, PPP Communication was incorporated 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
-€2,785
Total assets
€811
Net result
-€4,785
Working capital
-€2,802

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

Key figures and ratios
2025 value
EBITDA
-€3,437
Cash flow
-€3,545
Interest coverage
-31.82
Debt
€3,596
Debt ≤ 1 year
€3,596
Ratios withheld: a balance sheet total of €811 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 1,323 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
3.6% went bankrupt
5.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% 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 1,323 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 · 24 lines
Balance sheet Code2025
Assets
Total assets20/58€811
Formation expenses20€17
Current assets29/58€794
Amounts receivable within one year40/41€401
Other amounts receivable41€401
Cash at bank and in hand54/58€393
Equity and liabilities
Total equity and liabilities10/49€811
Equity10/15-€2,785
Contributions10/11€2,000
Profit (loss) carried forward14-€4,785
Amounts payable17/49€3,596
Amounts payable within one year42/48€3,596
Trade debts44€1,022
Suppliers440/4€1,022
Other amounts payable47/48€2,574
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,240
Gross operating margin9900-€3,437
Operating profit (loss)9901-€4,677
Financial charges65/66B€108
Recurring financial charges65€108
Profit (loss) for the period before taxes9903-€4,785
Profit (loss) for the period9904-€4,785
Profit (loss) for the period to be appropriated9905-€4,785
Appropriation of the result
Profit (loss) to be appropriated9906-€4,785

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,240
Gross operating margin9900-€3,437
Operating profit (loss)9901-€4,677
Financial charges65/66B€108
Recurring financial charges65€108
Profit (loss) for the period before taxes9903-€4,785
Profit (loss) for the period9904-€4,785
Profit (loss) for the period to be appropriated9905-€4,785
Line2025
Assets
Total assets20/58€811
Formation expenses20€17
Current assets29/58€794
Amounts receivable within one year40/41€401
Other amounts receivable41€401
Cash at bank and in hand54/58€393
Equity and liabilities
Total equity and liabilities10/49€811
Equity10/15-€2,785
Contributions10/11€2,000
Profit (loss) carried forward14-€4,785
Amounts payable17/49€3,596
Amounts payable within one year42/48€3,596
Trade debts44€1,022
Suppliers440/4€1,022
Other amounts payable47/48€2,574
Line2025
Profit (loss) for the period9904-€4,785
+ Depreciation and write-downs630€1,240
Operating cash flow (approximation)-€3,545

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
07-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 7 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Koekelberg · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
79 m²
Building footprint
56 m²
Volume, LiDAR
629 m³
Parcel 21492B0115/00C012, Brussels · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PPP Communication
Albert Dilliestraat 11, 1081 KoekelbergSound recording
since 20252.369.300.026
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21492B0115/00C012 Brussels 79 m² 1 · 56 m² 14.5 m · 4 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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,531 companies in sector 90391 we hold annual accounts for 682. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
59201Sound recording
59203Motion picture, video and television programme production, sound recording and music publishing activities
77400Rental and leasing activities
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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