Financials
Financial year 2025
PP-LAW from Wetteren, company number BE0808357418, closed financial year 2025 with a result of € 17,291 after tax. For that financial year PP-LAW recorded a gross margin of € 41,698 and equity of € 238,441. Compared with financial year 2024, the result moved from € 7,540 to € 17,291. 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 August 31, 2026.
€ 238,441
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,291
▲ 129% vs 2024
Profit after tax over the fiscal year.
€ 4
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 219,841.
People and assets in 2025
€ 2,703
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 425,705
▼ 14% vs 2024
€ 50,882 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 4,165
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,983
▼ 63% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,522 | € 64,360 | € 54,000 | € 41,698 | ▼ 23% |
| Profit after taxes | € 5,489 | € 14,837 | € 7,540 | € 17,291 | ▲ 129% |
| Equity | € 198,773 | € 213,610 | € 221,150 | € 238,441 | ▲ 8% |
| Total debts | € 568,535 | € 543,051 | € 514,791 | € 454,032 | ▼ 12% |
| Cash | € 8 | € 4 | € 4 | € 4 | |
| Land & buildings | € 532,018 | € 552,544 | € 555,419 | € 555,020 | |
| Retained profit | € 180,173 | € 195,010 | € 202,550 | € 219,841 | ▲ 9% |
| Bank debt | € 553,613 | € 529,904 | € 495,111 | € 425,705 | ▼ 14% |
| Balance sheet total | € 767,308 | € 756,661 | € 735,940 | € 692,472 | ▼ 6% |
Key figures of PP-LAW, 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-LAW?
What happened at PP-LAW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,291 (▲ 129% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 5,489 profit in 2022 to € 17,291 profit in 2025.
Best year ever: 2025, with € 17,291 profit.
Management
Behind PP-LAW is Patrick Praet.
Directors
According to the 2025 annual accounts
Patrick Praet
Director
Establishments
Establishment units
Physical locations of this company
Smetledesteenweg 18
9230 Wetteren
Poolse-Winglaan 31
9051 Gent
Active since 5 December 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0808.357.418
- VAT number
- BE 0808.357.418
- Registered office
- Smetledesteenweg 18, 9230 Wetteren
- Names & denominations
- PP-LAW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2008
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- praet.be
- Activities · NACE
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