PINGPONG
ActiveSummary
PINGPONG has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155k and a net result of €57k. Equity is growing by ~28.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+10
Solvency78▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.78 in 2024; short-term debt: 46.6% and cash: 20.3% of total assets), and 46.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.4%
Return on assets
19.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
8 d early
2024
on the day
2023
2 d early
2022
7 d early
2021
2 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€155k▲ 57.9%
2024 · €98k
2018: €4k
2019: €14k
2020: €20k
2021: €54k
2022: €65k
2023: €82k
2024: €98k
2018 → 2025
Total assets
€290k▲ 30.1%
2024 · €223k
2018: €8k
2019: €128k
2020: €178k
2021: €206k
2022: €170k
2023: €176k
2024: €223k
2018 → 2025
Net result
€57k▲ 119%
2024 · €26k
2018: €-2k
2019: €10k
2020: €7k
2021: €25k
2022: €11k
2023: €17k
2024: €26k
2018 → 2025
Working capital
€150k▲ 54.7%
2024 · €97k
2018: €4k
2019: €14k
2020: €20k
2021: €53k
2022: €64k
2023: €81k
2024: €97k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€65k▲ 19.7%€82k▲ 25.7%€98k▲ 20.2%€155k▲ 57.9%
Operating result€29k-€11k▼ 62.5%€17k▲ 58.5%€22k▲ 29.9%€73k▲ 231%
Net result€25k-€11k▼ 56.4%€17k▲ 55.9%€26k▲ 55.7%€57k▲ 119%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 231% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €290k
Fixed assets
€5k ▲ 298%
Current assets
€285k ▲ 28.5%
Equity and liabilities €290k
Equity
€155k ▲ 57.9%
Debt
€135k ▲ 8.2%
Debt's share of the balance-sheet total falls from 56.0% to 46.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▲
2024 · €22k
Cash flow
€58k▲
2024 · €26k
Current ratio
2.11▲
2024 · 1.78
Debt to equity
0.87▼
2024 · 1.27
ROE
36.7%▲
2024 · 26.5%
ROA
19.6%▲
2024 · 11.6%
Interest coverage
81.92▲
2024 · 27.95
Debt ≤ 1 year
€135k▲
2024 · €125k
Income taxes
€24k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€223k€290k▲
Fixed assets21/28€1k€5k▲
Tangible fixed assets22/27€1k€5k▲
Furniture and vehicles24€1k€5k▲
Current assets29/58€222k€285k▲
Amounts receivable after more than one year29€30k€30k=
Other amounts receivable291€30k€30k=
Amounts receivable within one year40/41€158k€196k▲
Trade receivables40€4k€35k▲
Other amounts receivable41€153k€161k▲
Cash at bank and in hand54/58€34k€59k▲
Deferred charges and accrued income490/1-€118
Equity and liabilities
Total equity and liabilities10/49€223k€290k▲
Equity10/15€98k€155k▲
Contributions10/11€19k€19k=
Reserves13€28k€85k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€26k€83k▲
Profit (loss) carried forward14€52k€52k=
Amounts payable17/49€125k€135k▲
Amounts payable within one year42/48€125k€135k▲
Financial debts43€2k-
Credit institutions430/8€2k-
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€19k€36k▲
Taxes450/3€19k€36k▲
Other amounts payable47/48€98k€93k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€334€1k▲
Other operating charges640/8€483€6k▲
Non-recurring operating charges66A€217€2k▲
Gross operating margin9900€23k€82k▲
Operating profit (loss)9901€22k€73k▲
Financial income75/76B€13k€8k▼
Recurring financial income75€13k€8k▼
Financial charges65/66B€805€911▲
Recurring financial charges65€805€911▲
Profit (loss) for the period before taxes9903€34k€81k▲
Income taxes67/77€8k€24k▲
Profit (loss) for the period9904€26k€57k▲
Profit (loss) for the period to be appropriated9905€26k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€108k▲
Profit (loss) brought forward from the previous period14P€61k€52k▼
Transfer to equity691/2€26k€57k▲
To other reserves6921€26k€57k▲
Profit to be distributed694/7€10k-
Directors or managers695€10k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €57k ▲119%
Operating result €73k, net result €57k, both a record.
31-12
Financial
Equity above €150kEq €155k ▲57.9%
7 profitable years in a row build equity to €155k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 2 establishment units since 2018
Ground area
620 m²
Building footprint
359 m²
Volume, LiDAR
2,930 m³
3 parcels, Brussels, Flanders · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
PINGPONG
since 20182.283.525.993
Ping Pong
since 20192.334.651.725
3 parcels
Flanders
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23046C0245/00E002 | Flanders | 413 m² | 1 · 149 m² | 12.8 m · 3 fl. |
| 21612D0488/00X000 | Brussels | 141 m² | 1 · 136 m² | 8.8 m · 2 fl. |
| 21447B0136/00L007 | Brussels | 65 m² | 1 · 74 m² | 15.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0685.980.436
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WECANDANCE
BE 0834.429.929
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PIETER NYS PRODUCTIES
BE 0832.811.118
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PATINÉ
BE 0797.670.887
Brugge · Eq €151,132
Of 671 companies in sector 90392 we hold annual accounts for 206. 162 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
90392Design and construction of stages and sets
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.