Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PP Ath from Ath, company number BE0765920908, closed financial year 2025 with a result of € 11,306 after tax. For that financial year PP Ath recorded a gross margin of € 187,914 and equity of € 67,120. Compared with financial year 2024, the result moved from € 7,349 to € 11,306. 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 May 19, 2026.
€ 67,120
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,306
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 19,308
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 57,120.
People and assets in 2025
4
Average over the fiscal year, from the social balance sheet.
€ 106,738
▲ 13% vs 2024
€ 26,700 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.
Debts at end 2025
€ 63,874
▼ 36% vs 2024
€ 36,870 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 81,529
Supplier invoices still open on the last day of the fiscal year.
€ 50,409
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 166,005 | € 152,761 | € 139,901 | € 187,914 | ▲ 34% |
| Profit after taxes | € 16,736 | € 6,542 | € 7,349 | € 11,306 | ▲ 54% |
| Equity | € 41,923 | € 48,465 | € 55,814 | € 67,120 | ▲ 20% |
| Total debts | € 358,659 | € 334,634 | € 260,177 | € 195,811 | ▼ 25% |
| Cash | € 9,839 | € 9,452 | € 33,889 | € 19,308 | ▼ 43% |
| Retained profit | € 31,923 | € 38,465 | € 45,814 | € 57,120 | ▲ 25% |
| Bank debt | € 210,317 | € 136,650 | € 100,421 | € 63,874 | ▼ 36% |
| Balance sheet total | € 400,582 | € 383,099 | € 315,991 | € 262,932 | ▼ 17% |
| Employees (FTE) | 5.2 | 4.7 | 4 | 4 |
Key figures of PP Ath, 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 PP Ath?
What happened at PP Ath in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,306 (▲ 54% vs 2024). Source: NBB ↗
- New establishment in Ath. KBO
- Philippe Lenfant became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 16,736 profit in 2022 to € 11,306 profit in 2025.
Paid € 9,945 in corporate taxes since 2022.
Best year ever: 2022, with € 16,736 profit.
On average € 47,000 of value added per employee in 2025.
A new publication or filing at PP Ath? We notify you, reason included.
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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 PP Ath is Philippe Lenfant. Philippe Lenfant is also behind Les Matériaux de la Dendre, ENTREPRISES GENERALES DHERTE, La Chaise Delmee, ENERTEC and BRASSERIE ST-FEUILLIEN.
Directors
According to the 2025 annual accounts
Philippe Lenfant
Director
Also active at: Les Matériaux de la Dendre, ENTREPRISES GENERALES DHERTE, La Chaise Delmee, ENERTEC, BRASSERIE ST-FEUILLIEN, CLEAN POWER, IMMO-DENDRE, COMPAGNIE IMMOBILIERE TOURNAISIENNE +7 more
since 2021
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 66C
7800 Ath
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0765.920.908
- VAT number
- BE 0765.920.908
- Registered office
- Chaussée de Bruxelles 66C, 7800 Ath
- Names & denominations
- PP Ath
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2021
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
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