Warning lights
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
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Ppak from Antwerpen, company number BE0567624697, closed financial year 2025 with a result of € 118,249 after tax. For that financial year Ppak recorded revenue of € 3.4 million and equity of € 617,882. Compared with financial year 2024, the result moved from € 69,760 to € 118,249. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 617,882
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 118,249
▲ 70% vs 2024
Profit after tax over the fiscal year.
€ 643,066
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 8,859 paid out
7 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.3
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 104,679
▲ 72% vs 2024
€ 45,500 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.
€ 4,912
▼ 68% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 430,012
▼ 10% vs 2024
€ 44,866 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 962,460
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 97,705
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,474,397 | € 3,431,783 | € 3,357,392 | € 3,405,439 | ▲ 1% |
| Gross margin | € 268,160 | € 484,125 | € 367,102 | € 456,835 | ▲ 24% |
| Profit after taxes | € 90,854 | € 219,568 | € 69,760 | € 118,249 | ▲ 70% |
| Equity | € 219,164 | € 438,732 | € 508,492 | € 617,882 | ▲ 22% |
| Total debts | € 1,222,326 | € 1,330,499 | € 1,910,207 | € 1,648,071 | ▼ 14% |
| Cash | € 236,374 | € 280,261 | € 592,182 | € 643,066 | ▲ 9% |
| Retained profit | € 200,564 | € 420,132 | € 489,892 | € 599,282 | ▲ 22% |
| Dividend | € 21,448 | € 0 | € 0 | € 8,859 | |
| Bank debt | € 510,767 | € 561,421 | € 477,303 | € 430,012 | ▼ 10% |
| Balance sheet total | € 1,441,490 | € 1,769,231 | € 2,418,699 | € 2,265,953 | ▼ 6% |
| Employees (FTE) | 1 | 1.1 | 1.5 | 2.3 | ▲ 0.8 |
Key figures of Ppak, 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 October 2026.
What happened to Ppak?
What happened at Ppak in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 118,249 (▲ 70% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Burak Onal became a director. NBB
- Hasan Güçlü became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 90,854 profit in 2022 to € 118,249 profit in 2025.
Paid € 227,197 in corporate taxes since 2022.
Best year ever: 2023, with € 219,568 profit.
On average € 198,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Ppak are Hasan Güçlü and Burak Onal.
Directors
According to the 2025 annual accounts
Hasan Güçlü
Director
since 2014
Burak Onal
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Kielsbroek 4
2020 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →Fresh Center
€ 1.3 million gross margin · 2025
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€ 221,210 gross margin · 2024
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€ 1.6 million gross margin · 2024
GOLDWOOD INTERIORS
€ 322,929 gross margin · 2025
VAN HEEST
€ -2,364 gross margin · 2025
+38 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
- 0567.624.697
- VAT number
- BE 0567.624.697
- Registered office
- Kielsbroek 4, 2020 Antwerpen
- Names & denominations
- Ppak
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2014
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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