PPC Pools
ActiveSummary
PPC Pools has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €463k and a net result of €300k. Equity is growing by ~31.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+4
Solvency74▼-11
Growth78=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 2.66 in 2024; short-term debt: 39.4% and cash: 30% of total assets), but 50.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies
more bankruptcies →
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
49.4%
Return on assets
32%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
30 d early
2023
4 d early
2022
3 d early
2021
37 d early
← 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, abbreviated schema
Equity
€463k▼ 26.0%
2024 · €626k
2021: €139k
2022: €280k
2023: €399k
2024: €626k
2021 → 2025
Total assets
€938k▼ 10.2%
2024 · €1.04M
2021: €419k
2022: €771k
2023: €1.03M
2024: €1.04M
2021 → 2025
Net result
€300k▲ 32.2%
2024 · €227k
2021: €99k
2022: €141k
2023: €119k
2024: €227k
2021 → 2025
Working capital
€227k▼ 37.7%
2024 · €364k
2021: €98k
2022: €109k
2023: €126k
2024: €364k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€139k-€280k▲ 102%€399k▲ 42.5%€626k▲ 57.0%€463k▼ 26.0%
Operating result€116k-€171k▲ 47.9%€158k▼ 7.6%€306k▲ 93.4%€384k▲ 25.8%
Net result€99k-€141k▲ 43.3%€119k▼ 15.9%€227k▲ 91.2%€300k▲ 32.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €938k
Fixed assets
€342k ▼ 26.0%
Current assets
€596k ▲ 2.4%
Equity and liabilities €938k
Equity
€463k ▼ 26.0%
Debt
€475k ▲ 13.5%
Debt's share of the balance-sheet total rises from 40.1% to 50.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€526k▲
2024 · €449k
Cash flow
€442k▲
2024 · €371k
Current ratio
1.61▼
2024 · 2.66
Quick ratio
0.97▼
2024 · 1.77
Debt to equity
1.02▲
2024 · 0.67
ROE
64.8%▲
2024 · 36.3%
ROA
32.0%▲
2024 · 21.8%
Interest coverage
53.53▲
2024 · 48.33
Debt ≤ 1 year
€370k▲
2024 · €219k
Debt > 1 year
€105k▼
2024 · €200k
Income taxes
€75k▲
2024 · €69k
Staff costs
€321k▲
2024 · €160k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.04M€938k▼
Fixed assets21/28€462k€342k▼
Intangible fixed assets21€12k€20k▲
Tangible fixed assets22/27€441k€313k▼
Plant, machinery and equipment23€108k€93k▼
Furniture and vehicles24€5k€6k▲
Leasing and similar rights25€313k€199k▼
Other tangible fixed assets26€14k€16k▲
Financial fixed assets28€9k€9k=
Current assets29/58€582k€596k▲
Stocks and contracts in progress3€195k€236k▲
Stocks30/36€195k€236k▲
Amounts receivable within one year40/41€39k€59k▲
Trade receivables40€28k€55k▲
Other amounts receivable41€11k€3k▼
Cash at bank and in hand54/58€336k€281k▼
Deferred charges and accrued income490/1€13k€20k▲
Equity and liabilities
Total equity and liabilities10/49€1.04M€938k▼
Equity10/15€626k€463k▼
Contributions10/11€40k€40k=
Reserves13€586k€423k▼
Distributable reserves133€586k€423k▼
Amounts payable17/49€418k€475k▲
Amounts payable after more than one year17€200k€105k▼
Financial debts170/4€200k€105k▼
Amounts payable within one year42/48€219k€370k▲
Current portion of amounts payable after more than one year42€101k€78k▼
Trade debts44€53k€80k▲
Suppliers440/4€53k€80k▲
Advances received on contracts in progress46€23k€29k▲
Taxes, remuneration and social security45€41k€50k▲
Taxes450/3€20k€8k▼
Remuneration and social security454/9€21k€42k▲
Other amounts payable47/48-€133k
Accrued charges and deferred income492/3-€375
Income statement
Code20242025
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€160k€321k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€144k€141k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k-
Other operating charges640/8€940€2k▲
Gross operating margin9900€613k€848k▲
Operating profit (loss)9901€306k€384k▲
Financial income75/76B€2€676▲
Recurring financial income75€2€676▲
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€296k€375k▲
Income taxes67/77€69k€75k▲
Profit (loss) for the period9904€227k€300k▲
Profit (loss) for the period to be appropriated9905€227k€300k▲
Appropriation of the result
Profit (loss) to be appropriated9906€227k€300k▲
Transfer from equity791/2-€388k
Transfer to equity691/2€227k€225k▼
To other reserves6921€227k€225k▼
Profit to be distributed694/7-€463k
Return on contributions (dividend)694-€388k
Directors or managers695-€75k
Social balance
Average headcount (FTE)90873.35.3▲
The notes to these accounts (20 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2021net €300k ▲32.2%
Operating result €384k, net result €300k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €626k ▲57%
4 profitable years in a row build equity to €626k.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €280k ▲102%
2 profitable years in a row build equity to €280k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Waregem · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Driebek 148790 WaregemGround area
2,278 m²
Building footprint
1,334 m²
Volume, LiDAR
9,118 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PPC Pools
since 20202.309.700.256
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010A0866/00F002 | Flanders | 1,528 m² | 1 · 1,153 m² | 9.4 m · 2 fl. |
| 34452B0766/00L005 | Flanders | 750 m² | 1 · 180 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 1,776 EUR awarded · 1,776 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 900 EUR | 900 EUR |
| 2022 | 1 | 876 EUR | 876 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
REPRODAN
BE 0438.717.835
Wavre · Eq €469k
Publivenor
BE 0402.698.072
Halle · Eq €453k
WARNING GRAPHICS
BE 0465.938.708
La Hulpe · Eq €452k
ROLLUIKENFABRIKANT PEETERMANS
BE 0831.983.252
Berlaar · Eq €480k
GRAPHITEX
BE 0476.391.447
Awans · Eq €482k
Of 629 companies in sector 22240 we hold annual accounts for 360. 242 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
Founded19-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
22240Manufacture of rubber and plastic products
22210Manufacture of rubber and plastic products
22260Manufacture of rubber and plastic products
46130Agents in the wholesale of timber and building materials
46831Wholesale of construction materials, general range
46839Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.ppcpools.be
E-mail:info@ppcpools.be