Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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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 DEVELOPMENT from Schaarbeek, company number BE0830731160, closed financial year 2025 with a result of € -49,534 after tax. For that financial year PPP DEVELOPMENT recorded a gross margin of € 77,760 and equity of € 12,541. Compared with financial year 2024, the result moved from € -3,307 to € -49,534. The company made a loss. The buffer shrank hard: equity is 80 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 12,541
▼ 80% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,534
▼ 1398 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,593
▲ 148% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -87,459.
Debts at end 2025
€ 985,000
▼ 21% vs 2024
Loans from banks and other lenders, long and short.
€ 9,865
▼ 84% 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 | € 30,761 | € 62,125 | € 154,493 | € 77,760 | ▼ 50% |
| Profit after taxes | € 7 | € -5,007 | € -3,307 | € -49,534 | ▼ € 46,227 |
| Equity | € 70,389 | € 65,382 | € 62,075 | € 12,541 | ▼ 80% |
| Total debts | € 2,032,337 | € 2,183,044 | € 2,353,363 | € 2,528,688 | ▲ 7% |
| Cash | € 2,585 | € 51,004 | € 641 | € 1,593 | ▲ 148% |
| Retained profit | € -29,611 | € -34,618 | € -37,925 | € -87,459 | ▼ € 49,534 |
| Bank debt | € 1,235,000 | € 1,235,000 | € 1,247,851 | € 985,000 | ▼ 21% |
| Balance sheet total | € 2,102,726 | € 2,248,426 | € 2,415,438 | € 2,541,230 | ▲ 5% |
Key figures of PPP DEVELOPMENT, 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 DEVELOPMENT?
What happened at PPP DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Claudia DE CESCO stepped down as director. NBB
- Alessandro DE CESCO stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 49,534. filed late Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
- Claudia DE CESCO became a director. NBB
- Alessandro DE CESCO became a director. NBB
In short
From € 7 profit in 2022 to € 49,534 loss in 2025.
Best year ever: 2022, with € 7 profit.
A new publication or filing at PPP DEVELOPMENT? 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
The stake of COFIDEC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PPP DEVELOPMENTThe shares are held by COFIDEC (100%). It owns 33.3% of COLLINE DE CHEVREMONT itself.
Directors
According to the 2025 annual accounts
Claudia DE CESCO
Director
Owns 17.9% via COFIDEC
Also active at: SOCATRA, SOCIETE DE SERVICES BELGIQUE, COFIDEC, IMMO MAX, BRUXELLOISE DE RENOVATION - BRUSSELSE RENOVATIE
since 2010 · until 2028
Alessandro DE CESCO
Managing director
Also active at: SOCATRA, SOCIETE DE SERVICES BELGIQUE, COFIDEC, BRUXELLOISE DE RENOVATION - BRUSSELSE RENOVATIE, COLLINE DE CHEVREMONT
since 2010 · until 2028
Shareholders
COFIDEC · holding of Claudia DE CESCO
100%
Participations
33.3%
Establishments
Establishment units
Physical locations of this company
Roodebeeklaan 24
1030 Schaarbeek
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 →SOCATRA same network
€ 58.2 million revenue · 2025
SOCIETE DE SERVICES BELGIQUE same network
COFIDEC same network
€ 109,829 revenue · 2025
IMMO MAX same network
€ -35,611 gross margin · 2025
BRUXELLOISE DE RENOVATION - BRUSSELSE RENOVATIE same network
+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
- 0830.731.160
- VAT number
- BE 0830.731.160
- Registered office
- Roodebeeklaan 24, 1030 Schaarbeek
- Names & denominations
- PPP DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2010
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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