ACTIVE

PP Ath

Financial year 2025 · closed on 31/12/2025
Net result
11,3 k €
+53.8% YoY
Gross margin
187,9 k €
+34.3% YoY
Equity
67,1 k €
+20.3% YoY
Workforce
4,0 ETP
0.0% YoY

What does PP Ath do?

PP Ath is a Private limited company incorporated in 2021. Its main activity is: Wholesale of other food, including fish, crustaceans and molluscs. Its registered office is in Ath. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0765.920.908
Incorporation
31/03/2021
Legal form
Private limited company
Registered office
Chaussée de Bruxelles 66C
7800 Ath · WallonieSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin187,9 k €139,9 k €152,8 k €166 k €59,4 k €
EBITDA73,7 k €41,7 k €40,8 k €43,8 k €23 k €
Operating result24,2 k €20,1 k €20,2 k €24,1 k €17,8 k €
Net result11,3 k €7,3 k €6,5 k €16,7 k €15,2 k €
Balance sheet
Equity67,1 k €55,8 k €48,5 k €41,9 k €25,2 k €
Total assets262,9 k €316 k €383,1 k €400,6 k €362 k €
Cash19,3 k €33,9 k €9,5 k €9,8 k €55,7 k €
Debts195,8 k €260,2 k €334,6 k €358,6 k €336,8 k €
Other
Workforce4,0 ETP4,0 ETP4,7 ETP5,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Philippe Lenfant

Director · since 31 mars 2021

Active

Ended mandates

PN&GO Management

Director · since 31 mars 2021 · until 18 août 2023 · 0712.650.585

Represented by Pascal Niclot

Ended
PN&GO Management

Director · since 31 mars 2021 · 0712.650.585

Represented by Pascal Niclot

Ended
Q-CONSULTING

Director · since 31 mars 2021 · until 18 août 2023 · 0556.946.779

Represented by Quentin Niclot

Ended
Q-CONSULTING

Director · since 31 mars 2021 · 0556.946.779

Represented by Quentin Niclot

Ended
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202231/03/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months10 months
Filing date19/05/202614/07/202516/04/202404/07/202304/07/2022
General meeting12/05/202602/06/202514/03/202405/06/202306/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/05/202619/05/2026FrenchPDF
Abridged model31/12/202402/06/202514/07/2025FrenchPDF
Abridged model31/12/202314/03/202416/04/2024FrenchPDF
Abridged model31/12/202205/06/202304/07/2023FrenchPDF
Micro model31/12/202106/06/202204/07/2022FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2025 · 1 active · 5 ended

Active mandates

Philippe Lenfant

Director · since 31 mars 2021

Active

Ended mandates

PN&GO Management

Director · since 31 mars 2021 · until 18 août 2023 · 0712.650.585

Represented by Pascal Niclot

Ended
PN&GO Management

Director · since 31 mars 2021 · 0712.650.585

Represented by Pascal Niclot

Ended
Q-CONSULTING

Director · since 31 mars 2021 · until 18 août 2023 · 0556.946.779

Represented by Quentin Niclot

Ended
Q-CONSULTING

Director · since 31 mars 2021 · 0556.946.779

Represented by Quentin Niclot

Ended
Shareholders

Ownership and network

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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 202511,3 k €
  2. 2024
    Annual accounts 20247,3 k €
  3. 2023
    Annual accounts 20236,5 k €
  4. 2022
    Annual accounts 202216,7 k €
  5. 2021
    Annual accounts 202115,2 k €
  6. 31/03/2021
    IncorporationPrivate limited company