Project Process Optimalisation Management
ActiveProject Process Optimalisation Management has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €851k and a net result of €3k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 8578 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▼-39
Solvency58▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.22 in 2024), and 53.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.5%
Return on assets
0.2%
Age of the figures
8 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
24 d late
2023
31 d late
2022
26 d late
2021
76 d late
2020
27 d late
2019
85 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€851k▲ 0.4%
2024 · €847k
2018: €568k
2019: €604k
2020: €648k
2021: €700k
2022: €702k
2023: €778k
2024: €847k
2018 → 2025
Total assets
€1.83M▲ 0.9%
2024 · €1.81M
2018: €1.75M
2019: €1.87M
2020: €1.83M
2021: €1.90M
2022: €1.89M
2023: €1.89M
2024: €1.81M
2018 → 2025
Net result
€3k▼ 95.1%
2024 · €70k
2018: €81k
2019: €36k
2020: €44k
2021: €52k
2022: €2k
2023: €76k
2024: €70k
2018 → 2025
Working capital
€-898k▼ 27.7%
2024 · €-704k
2018: €-466k
2019: €-595k
2020: €-548k
2021: €-663k
2022: €-801k
2023: €-707k
2024: €-704k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€700k-€702k▲ 0.3%€778k▲ 10.8%€847k▲ 9.0%€851k▲ 0.4%
Operating result€118k-€63k▼ 46.4%€149k▲ 135%€148k▼ 0.8%€69k▼ 53.6%
Net result€52k-€2k▼ 95.7%€76k▲ 3,284%€70k▼ 7.8%€3k▼ 95.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.83M
Fixed assets
€1.77M▲ 9.9%
Current assets
€54k▼ 72.7%
Equity and liabilities €1.83M
Equity
€851k▲ 0.4%
Debt
€978k▲ 1.3%
The debt ratio rises from 53.2% to 53.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€217k▼
2024 · €283k
Cash flow
€152k▼
2024 · €204k
Solvency
46.5%▼
2024 · 46.8%
Current ratio
0.06▼
2024 · 0.22
Quick ratio
0.06▼
2024 · 0.22
Debt / equity
1.15▲
2024 · 1.14
ROE
0.4%▼
2024 · 8.2%
ROA
0.2%▼
2024 · 3.8%
Interest coverage
3.66▼
2024 · 4.88
Debt
€978k▲
2024 · €965k
Debt ≤ 1 year
€953k▲
2024 · €902k
Debt > 1 year
€25k▼
2024 · €63k
Income taxes
€6k▼
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.81M€1.83M▲
Fixed assets21/28€1.61M€1.77M▲
Tangible fixed assets22/27€1.61M€1.77M▲
Land and buildings22€1.55M€1.66M▲
Plant, machinery and equipment23€12k€7k▼
Furniture and vehicles24€54k€102k▲
Financial fixed assets28€3k€3k=
Current assets29/58€199k€54k▼
Amounts receivable within one year40/41€23k€21k▼
Trade receivables40€23k€21k▼
Cash at bank and in hand54/58€176k€33k▼
Equity and liabilities
Total equity and liabilities10/49€1.81M€1.83M▲
Equity10/15€847k€851k▲
Contributions10/11€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Other1319€10k€10k=
Profit (loss) carried forward14€737k€741k▲
Amounts payable17/49€965k€978k▲
Amounts payable after more than one year17€63k€25k▼
Financial debts170/4€63k€25k▼
Amounts payable within one year42/48€902k€953k▲
Current portion of amounts payable after more than one year42€50k€38k▼
Trade debts44€8k€12k▲
Suppliers440/4€8k€12k▲
Taxes, remuneration and social security45€50k€43k▼
Taxes450/3€48k€41k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€795k€859k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€135k€148k▲
Other operating charges640/8€14k€39k▲
Gross operating margin9900€297k€256k▼
Operating profit (loss)9901€148k€69k▼
Financial charges65/66B€58k€59k▲
Recurring financial charges65€58k€59k▲
Profit (loss) for the period before taxes9903€90k€9k▼
Income taxes67/77€20k€6k▼
Profit (loss) for the period9904€70k€3k▼
Profit (loss) for the period to be appropriated9905€70k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€737k€741k▲
Profit (loss) brought forward from the previous period14P€668k€737k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 24 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 26 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼95.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 76 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 85 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2022
This board is reconstructed from a single act (22351955). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Frans Sulmon
CurrentStatutair · since 16-08-2022
Frans Sulom
CurrentStatutair · since 16-08-2022
Katie Van Glabeke
CurrentStatutair · since 16-08-2022
16-08-2022
Frans Sulmon: Appointed as Statutair
16-08-2022
Frans Sulom: Resigned as Statutair
16-08-2022
Frans Sulom: Appointed as Statutair
16-08-2022
Katie Van Glabeke: Appointed as Statutair
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brandstraat(VRA) 469120 Beveren-Kruibeke-ZwijndrechtGround area
1,044 m²
Building footprint
168 m²
Volume, LiDAR
872 m³
Parcel 46028C1516/00P000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Project Process Optimalisation Management (PPO Management)
since 20112.196.119.788
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46028C1516/00P000 | Flanders | 1,044 m² | 1 · 167 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
GEUKENS CONSULTING
BE 0537.876.579
Londerzeel · Eq €851k
Cplus
BE 0878.583.141
Assesse · Eq €851k
ADVIROSA
BE 0865.235.644
Scherpenheuvel-Zichem · Eq €851k
FARINOTTI
BE 0838.866.985
Mortsel · Eq €850k
LIPPENS
BE 0880.925.195
Brecht · Eq €850k
Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 29,517 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2011
Fiscal year end31-12
Abbreviation NL
P.P.O. Man
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.