Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2024; threshold 65 %.
-
Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
P & P CONCEPT from Sint-Lambrechts-Woluwe, company number BE0875443212, closed financial year 2024 with a result of € -60,141 after tax. For that financial year P & P CONCEPT recorded a gross margin of € 155,978 and equity of € -32,965. Compared with financial year 2023, the result moved from € -74,956 to € -60,141. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2025.
€ -32,965
▼ € 60,141 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,141
▲ 20 % less loss than in 2023
Profit after tax over the fiscal year.
€ 32,750
▼ 44% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,165.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 165,220
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 70,302
▼ 29% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 24,919
▼ 21% vs 2023
€ 15,065 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 177,379
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 26,844
▼ 10% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 215,735 | € 141,657 | € 155,978 | ▲ 10% |
| Profit after taxes | € 11,308 | € -74,956 | € -60,141 | ▲ € 14,815 |
| Equity | € 102,132 | € 27,176 | € -32,965 | ▼ € 60,141 |
| Total debts | € 239,447 | € 281,113 | € 264,752 | ▼ 6% |
| Cash | € 47,597 | € 58,786 | € 32,750 | ▼ 44% |
| Land & buildings | € 8,901 | € 6,799 | € 5,086 | ▼ 25% |
| Retained profit | € 95,932 | € 20,976 | € -39,165 | ▼ € 60,141 |
| Bank debt | € 52,682 | € 31,427 | € 24,919 | ▼ 21% |
| Balance sheet total | € 341,579 | € 308,289 | € 231,787 | ▼ 25% |
Key figures of P & P CONCEPT, fiscal years 2022 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 30 April 2026.
What happened to P & P CONCEPT?
What happened at P & P CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 60,141. Source: NBB ↗
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 11,308 profit in 2022 to € 60,141 loss in 2024.
Paid € 1,259 in corporate taxes since 2022.
Best year ever: 2022, with € 11,308 profit.
Management
Behind P & P CONCEPT is Peter Vercamer. Peter Vercamer is also behind B & V CONCEPT, B & V FOOD CONCEPT and EXCEN B & V.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
J.B. Timmermansstraat 52
1200 Sint-Lambrechts-Woluwe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VERCAMER Pascal Philippe(oprichter) 45%
- VERCAMER Peter Alexander(oprichter) 45%
- VERCAMER Daniel Remı(oprichter) 10%
Details
- Company number
- 0875.443.212
- VAT number
- BE 0875.443.212
- Registered office
- J.B. Timmermansstraat 52, 1200 Sint-Lambrechts-Woluwe
- Names & denominations
- P & P CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 August 2005
- Peppol
- Not registered
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)