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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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PPP Group from Lasne, company number BE0835227804, closed financial year 2024 with a result of € 301,355 after tax. For that financial year PPP Group recorded a gross margin of € 29,107 and equity of € 977,118. Compared with financial year 2023, the result moved from € 261,426 to € 301,355. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2025.
€ 977,118
▲ 38% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 301,355
▲ 15% vs 2023
Profit after tax over the fiscal year.
€ 14,774
▲ 97% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 34,000 paid out
11 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 39,722
▲ 20% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 540,288
▼ 7% vs 2023
€ 37,287 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 41,705
▲ € 38,530 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 72,173
▲ 20% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 61,899 | € 57,546 | € 40,791 | € 29,107 | ▼ 29% |
| Profit after taxes | € 143,437 | € 209,397 | € 261,426 | € 301,355 | ▲ 15% |
| Equity | € 337,441 | € 503,337 | € 709,763 | € 977,118 | ▲ 38% |
| Total debts | € 1,284,704 | € 2,086,466 | € 1,919,119 | € 1,645,946 | ▼ 14% |
| Cash | € 13,024 | € 3,772 | € 7,492 | € 14,774 | ▲ 97% |
| Land & buildings | € 140,000 | € 140,000 | € 140,000 | € 153,894 | ▲ 10% |
| Retained profit | € 318,891 | € 484,787 | € 691,213 | € 958,568 | ▲ 39% |
| Dividend | € 62,500 | € 43,500 | € 55,000 | € 34,000 | ▼ 38% |
| Bank debt | € 624,822 | € 588,630 | € 582,766 | € 540,288 | ▼ 7% |
| Balance sheet total | € 1,622,145 | € 2,589,803 | € 2,628,881 | € 2,623,064 |
Key figures of PPP Group, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PPP Group?
What happened at PPP Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 301,355 (▲ 15% vs 2023). Source: NBB ↗
- Silver Quest Société à responsabilité limitée became a director. NBB
- Nordic Synergy Partners OY Société etrangère became a director. NBB
- New establishment in Lasne. KBO
- Start of the company according to the CBE. KBO
In short
From € 143,437 profit in 2021 to € 301,355 profit in 2024.
Paid € 61,003 in corporate taxes since 2021.
Best year ever: 2024, with € 301,355 profit.
Paid out € 195,000 in dividends to the owners in total.
Management
Behind PPP Group are Silver Quest Société à responsabilité limitée, Michel D'ALESSANDRO and Nordic Synergy Partners OY Société etrangère. It owns 100% of PPP Belgium SRL (Société pour la distribution de Périodiques, Presse et Publicité), 100% of PPP FINLAND and 90% of Urbeez itself.
Directors
According to the 2024 annual accounts
Silver Quest Société à responsabilité limitée
Director · represented by Nicolas DORLODOT
since 2024
Nordic Synergy Partners OY Société etrangère
Director · represented by Patrik PADA
since 2024
Establishments
Establishment units
Physical locations of this company
Rue du Grand Chemin 59
1380 Lasne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0835.227.804
- VAT number
- BE 0835.227.804
- Registered office
- Rue du Grand Chemin 59, 1380 Lasne
- Names & denominations
- PPP Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2011
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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