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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PPP Belgium from Brussel, company number BE0451600326, closed financial year 2025 with a result of € 122,883 after tax. For that financial year PPP Belgium recorded a gross margin of € 2 million and equity of € 464,493. Compared with financial year 2024, the result moved from € 77,759 to € 122,883. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 464,493
▼ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 122,883
▲ 58% vs 2024
Profit after tax over the fiscal year.
€ 472,521
▲ € 434,091 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
11.2
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 912,274
▼ 4% vs 2024
€ 81,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,340
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 511,870
▲ 129% vs 2024
€ 323,335 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.6 million
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 162,498
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 981,399 | € 1,152,750 | € 1,444,958 | € 1,997,021 | ▲ 38% |
| Profit after taxes | € 991,035 | € 8,568 | € 77,759 | € 122,883 | ▲ 58% |
| Equity | € 1,355,282 | € 1,063,851 | € 841,610 | € 464,493 | ▼ 45% |
| Total debts | € 1,653,952 | € 1,737,646 | € 2,704,989 | € 3,431,822 | ▲ 27% |
| Cash | € 13,684 | € 17,550 | € 38,430 | € 472,521 | ▲ € 434,091 |
| Retained profit | € 1,336,690 | € 1,045,259 | € 823,018 | € 445,901 | ▼ 46% |
| Dividend | € 300,000 | € 300,000 | € 300,000 | € 500,000 | ▲ 67% |
| Bank debt | € 333,421 | € 298,575 | € 223,445 | € 511,870 | ▲ 129% |
| Balance sheet total | € 3,009,234 | € 2,801,497 | € 3,546,600 | € 3,896,315 | ▲ 10% |
| Employees (FTE) | 12.6 | 12.1 | 12.6 | 11.2 | ▼ 1.4 |
Key figures of PPP Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PPP Belgium?
What happened at PPP Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 122,883 (▲ 58% vs 2024). filed late Source: NBB ↗
- Nima Excellence SRL became a director. NBB
- New establishment in Brussel. KBO
- New establishment in Seraing. KBO
- New establishment in Antwerpen. KBO
- New establishment in Gent. KBO
- Villa Torella SRL became a director. NBB
- New establishment in Ganshoren. KBO
In short
From € 991,035 profit in 2022 to € 122,883 profit in 2025.
Paid € 233,863 in corporate taxes since 2022.
Best year ever: 2022, with € 991,035 profit.
On average € 178,300 of value added per employee in 2025.
Management
Behind PPP Belgium are Villa Torella SRL and Nima Excellence SRL. The shares are held by Villa Torella SRL. It owns 100% of PPP FRANCE itself.
Directors
According to the 2025 annual accounts
since 2015
Director · represented by Tom Vermeirsch
since 2026
Shareholders
Participations
PPP FRANCE
100%
Establishments
Establishment units
Physical locations of this company
Bourgetlaan 42
1130 Brussel
Rusatiralaan 3
1083 Ganshoren
Active since 11 January 1994
Tapuitstraat 16
9000 Gent
Active since 19 April 2016
Vosstraat 322
2100 Antwerpen
Active since 4 July 2017
Rue de Boncelles 191
4102 Seraing
Active since 1 December 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →Finapal
RECTICEL
€ 128.3 million revenue · 2025
International Business Machines of Belgium
BALIM
YSL BEAUTE BENELUX
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.600.326
- VAT number
- BE 0451.600.326
- Registered office
- Bourgetlaan 42, 1130 Brussel
- Names & denominations
- PPP Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1993
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- dppp.eu [email protected]
- Activities · NACE
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