Equity
€472,907 ▼ 6.6%
PPS Systems paid out €55,235 in dividends. That is 251% of the 2025 profit.
PPS Systems
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €156,134 (2024)
€112,381▼ 28.0%
lowest -€11,588 (2016)
€22,001▼ 43.0%
peak €544,043 (2010)
€472,907▼ 6.6%
€387,028▼ 25.6%
peak 0.5 FTE (2015)
-not published
Board2 names since 1997
2 directors and 1 other
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Gross margin from €156,134 to €112,381Result from €38,622 to €22,001Dividend €55,235Debts from €520,164 to €387,028Cash from €43,457 to €152,665
Key points
from the 2025 annual accountsLiquidity
5.76 was 1.87 in 2024
Short-term debts fell from €136,994 to €52,940.
Position in the sector
€472,907
More equity than 86% of companies in accommodation. Sector median €58,009 · 1,849 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as PPS Systems has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,768 companies, not a prediction for PPS Systems. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0460491464
Reappointments: (director) and (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 21-09-2023 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Brugge
New establishment in De Haan
Groenestraat 50
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PPS Systems Affligem | €0.9m | €112,381 | 55.0% | - |
| KANA Balen | €1.0m | €103,246 | 2.5% | - |
| VERKEERSDOKTER Landen | €0.7m | €111,946 | 42.0% | - |
| Gatsby Corporate Eupen | €1.0m | €136,972 | 30.3% | 0 |
| IGEFA Malmedy | €0.8m | €93,952 | 27.1% | - |
| EYGEN GOET Laakdal | €1.0m | €125,240 | 75.8% | - |
| COBOVA Zonnebeke | €0.7m | €90,430 | -7.7% | - |
These companies have the same main activity as PPS Systems: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €706,000 and €1m, founded between 1990 and 2006.
Official details
Source: KBO- Status
- Active since 16-04-1997Normal situation
- Activity
- Holiday cottages, homes and apartmentsNACE 55203and 3 others
- Establishment units
- 2.081.818.6511790 Affligem, since 15-05-1997
- 2.142.141.1698421 De Haan, since 20-12-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €280,000estimated
- €859,934▼ 16.2%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on PPS Systems
PPS Systems files the micro format. That format states no turnover. The gross margin rose from €63,562 in 2006 to €112,381 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PPS Systems
- What is the company number of PPS Systems?
- The company number of PPS Systems is 0460.491.464. The VAT number is the same number with BE in front: BE 0460.491.464.
- Where is PPS Systems based?
- The registered office is at Kaaistraat 33, 1790 Affligem.Company details
- What does PPS Systems do?
- According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
- What is the legal form of PPS Systems?
- PPS Systems is a private limited company (BV).
- When was PPS Systems founded?
- PPS Systems was founded on 16-04-1997.
- Is PPS Systems still active?
- Yes, PPS Systems is an active enterprise in the KBO register.
- What is the turnover of PPS Systems?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €112,381 and 2,201 comparable companies of the same size. It probably lies between €190,000 and €440,000. It is a rough estimate.Financials
- Is PPS Systems profitable?
- In financial year 2025, PPS Systems made a profit of €22,001.
- Where can I find the annual accounts of PPS Systems?
- PPS Systems filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PPS Systems due?
- PPS Systems must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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