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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PPEM ENGINEERING from Vilvoorde, company number BE0683846634, closed financial year 2025 with a result of € -4,027 after tax. For that financial year PPEM ENGINEERING recorded a gross margin of € -2,421 and equity of € 25,013. Compared with financial year 2024, the result moved from € -9,390 to € -4,027. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 25,013
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,027
▲ 57 % less loss than in 2024
Profit after tax over the fiscal year.
€ 31
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -36,487.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 42,983
▲ 17% vs 2024
Loans from banks and other lenders, long and short.
€ 997
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,680 | € -1,682 | € -2,768 | € -2,421 | ▲ € 347 |
| Profit after taxes | € -6,264 | € -2,155 | € -9,390 | € -4,027 | ▲ € 5,362 |
| Equity | € 40,584 | € 38,430 | € 29,040 | € 25,013 | ▼ 14% |
| Total debts | € 44,149 | € 34,369 | € 38,734 | € 43,980 | ▲ 14% |
| Cash | € 13,830 | € 670 | € 52 | € 31 | ▼ 41% |
| Retained profit | € -20,916 | € -23,070 | € -32,460 | € -36,487 | ▼ € 4,027 |
| Bank debt | € 40,185 | € 33,353 | € 36,655 | € 42,983 | ▲ 17% |
| Balance sheet total | € 84,733 | € 72,798 | € 67,774 | € 68,993 | ▲ 2% |
Key figures of PPEM ENGINEERING, 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 PPEM ENGINEERING?
What happened at PPEM ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hristo Vasilev stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4,027. filed late Source: NBB ↗
- Hristo Vasilev became a director. NBB
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,264 loss in 2022 to € 4,027 loss 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
It owns 50% of Controltest Belgium NV itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Willemsstraat (Jan Frans) 202
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0683.846.634
- VAT number
- BE 0683.846.634
- Registered office
- Willemsstraat (Jan Frans) 202, 1800 Vilvoorde
- Names & denominations
- PPEM ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2017
- Peppol
- Not registered