ACTIVE

Ppak

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Financial year 2025 · closed on 31/03/2025
Net result
118,2 k €
+69.5% YoY
Revenue
3,4 M €
+1.4% YoY
Equity
617,9 k €
+21.5% YoY
Workforce
2,3 ETP
+53.3% YoY

What does Ppak do?

Ppak is a Private limited company incorporated in 2014. Its main activity is: Agents involved in the sale of food, beverages and tobacco. Its registered office is in Antwerpen. It employs on average 2,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0567.624.697
Incorporation
05/11/2014
Legal form
Private limited company
Registered office
Kielsbroek 4
2020 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Average workforce
2,3 ETP
Activities (NACE)
46170Agents involved in the sale of food, beverages and tobacco· main46649Wholesale of machinery for the textile industry and of sewing and knitting machines46699Wholesale of other machinery and equipment46389Wholesale of other food, including fish, crustaceans and molluscs46641Wholesale of machinery for the textile industry and of sewing and knitting machines46642Wholesale of machinery for the textile industry and of sewing and knitting machines+4
Joint committees (3)
  • 116
  • 200
  • 207
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Revenue3,4 M €3,4 M €3,4 M €2,5 M €1,9 M €1,2 M €––––
EBITDA295,8 k €215,7 k €363,1 k €185,2 k €76,7 k €119,8 k €17,2 k €45,9 k €22,8 k €20,3 k €
Operating result245,3 k €162,7 k €333,6 k €172 k €68,7 k €118,1 k €27,9 k €33,1 k €22,8 k €20,3 k €
Net result118,2 k €69,8 k €219,6 k €90,9 k €37,6 k €82,6 k €8,9 k €12,2 k €17,5 k €19 k €
Balance sheet
Equity617,9 k €508,5 k €438,7 k €219,2 k €149,8 k €112,2 k €64,3 k €55,4 k €55,2 k €37,6 k €
Total assets2,3 M €2,4 M €1,8 M €1,4 M €1,2 M €1,1 M €603,1 k €601,6 k €275,8 k €388,8 k €
Cash643,1 k €592,2 k €280,3 k €236,4 k €39,1 k €96,2 k €10,6 k €20,2 k €19,3 k €10,8 k €
Debts1,5 M €1,9 M €1,3 M €1,2 M €1,1 M €965,2 k €538,9 k €546,2 k €220,6 k €351,2 k €
Other
Workforce2,3 ETP1,5 ETP1,1 ETP1,0 ETP1,0 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 6 ended

Active mandates

Burak Onal

Director · since 01 octobre 2015

Active
Hasan Güçlü

Director · since 05 novembre 2014

Active

Ended mandates

Burak Onal

Director · since 17 janvier 2023

Ended
Hasan Güçlü

Director · since 17 janvier 2023

Ended
Burak Onal

Manager · since 01 octobre 2015

Ended
Hasan Güçlü

Manager · since 05 novembre 2014

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/10/202528/10/202431/10/202302/11/202229/10/202116/11/2020
General meeting05/09/202506/09/202401/09/202302/09/202203/09/202129/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202505/09/202531/10/2025DutchPDF
Abridged model31/03/202406/09/202428/10/2024DutchPDF
Abridged model31/03/202301/09/202331/10/2023DutchPDF
Abridged model31/03/202202/09/202202/11/2022DutchPDF
Abridged model31/03/202103/09/202129/10/2021DutchPDF
Micro model31/03/202029/10/202016/11/2020DutchPDF
Micro model31/03/201906/09/201929/10/2019DutchPDF
Micro model31/03/201807/09/201829/10/2018DutchPDF
Micro model31/03/201702/09/201728/10/2017DutchPDF
Abridged model31/03/201602/09/201624/11/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 6 ended

Active mandates

Burak Onal

Director · since 01 octobre 2015

Active
Hasan Güçlü

Director · since 05 novembre 2014

Active

Ended mandates

Burak Onal

Director · since 17 janvier 2023

Ended
Hasan Güçlü

Director · since 17 janvier 2023

Ended
Burak Onal

Manager · since 01 octobre 2015

Ended
Hasan Güçlü

Manager · since 05 novembre 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office24/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL
    PDF
  • Mandates31/12/2018
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/05/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/11/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025118,2 k €↑
  2. 2024
    Annual accounts 202469,8 k €↓
  3. 2023
    Annual accounts 2023219,6 k €↑
  4. 2022
    Annual accounts 202290,9 k €↑
  5. 2021
    Annual accounts 202137,6 k €↓
  6. 2020
    Annual accounts 202082,6 k €↑
  7. 2019
    Annual accounts 20198,9 k €↓
  8. 2018
    Annual accounts 201812,2 k €↓
  9. 2017
    Annual accounts 201717,5 k €↓
  10. 2016
    Annual accounts 201619 k €
  11. 05/11/2014
    IncorporationPrivate limited company