ACTIVE

P.P.A.

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Financial year 2025 · closed on 31/12/2025

Net result

29,2 k €

+13.0% YoY

Gross margin

51,7 k €

+10.0% YoY

Equity

30,7 k €

-17.0% YoY

What does P.P.A. do?

P.P.A. is a Private limited company incorporated in 2009. Its main activity is: Technical testing and analysis. Its registered office is in Lier.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0821.755.294

Incorporation

24/12/2009

Legal form

Private limited company

Registered office

Paradeplein 8 box 4
2500 Lier · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

71209Technical testing and analysis· main 71209Technical testing and analysis 42212Construction of utility projects for fluids 42212Construction of utility projects for fluids 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	51,7 k €	+10.0%	47 k €	+1.0%	46,5 k €	-57.1%	108,4 k €	+7.9%	100,5 k €	-39.4%	165,7 k €	-13.8%	192,3 k €	-5.3%	203,2 k €	+555%	31 k €	+68.4%	18,4 k €	-38.6%	30 k €	-9.5%	33,2 k €	+40.7%	23,6 k €	+4.2%	22,6 k €	-3.0%	23,3 k €	+40.8%	16,6 k €
EBITDA	49,1 k €	+12.1%	43,8 k €	+295%	11,1 k €	-55.8%	25,1 k €	+180%	-31,6 k €	-220%	26,3 k €	-50.1%	52,6 k €	-28.0%	73 k €	+300%	18,3 k €	+7.2%	17 k €	-41.0%	28,9 k €	-7.7%	31,3 k €	+45.1%	21,6 k €	-2.5%	22,1 k €	+0.6%	22 k €	+52.5%	14,4 k €
Operating result	47,2 k €	+12.7%	41,8 k €	+545%	6,5 k €	-65.6%	18,9 k €	+136%	-52,1 k €	-756%	7,9 k €	-78.1%	36,2 k €	-39.7%	60 k €	+950%	5,7 k €	-31.8%	8,4 k €	-58.0%	19,9 k €	-10.0%	22,2 k €	+78.2%	12,4 k €	-20.0%	15,5 k €	+0.7%	15,4 k €	+94.5%	7,9 k €
Net result	29,2 k €	+13.0%	25,9 k €	+657%	-4,6 k €	-135%	13,5 k €	+124%	-57 k €	-1451%	-3,7 k €	-120%	18,5 k €	-50.1%	37,1 k €	+2611%	1,4 k €	-71.1%	4,7 k €	-55.3%	10,6 k €	-24.7%	14 k €	+71.3%	8,2 k €	-27.1%	11,2 k €	+12.7%	10 k €	+94.4%	5,1 k €
Balance sheet
Equity	30,7 k €	-17.0%	37 k €	+42.6%	26 k €	-50.6%	52,6 k €	+34.4%	39,1 k €	-59.3%	96,1 k €	-27.9%	133,3 k €	+16.1%	114,7 k €	+47.8%	77,6 k €	+1.8%	76,3 k €	+6.6%	71,5 k €	+17.3%	61 k €	+29.9%	46,9 k €	+21.1%	38,7 k €	+40.9%	27,5 k €	+56.9%	17,5 k €
Total assets	111,5 k €	+8.2%	103 k €	+9.9%	93,7 k €	-21.8%	119,8 k €	+65.7%	72,3 k €	-65.5%	209,6 k €	-14.9%	246,4 k €	+13.8%	216,5 k €	+39.3%	155,5 k €	+50.9%	103,1 k €	-4.0%	107,4 k €	+5.4%	101,8 k €	+14.3%	89,1 k €	+85.2%	48,1 k €	+2.4%	47 k €	+21.3%	38,7 k €
Cash	–		–		–		0 €	-100%	14,3 k €		–		–		–		–		18,5 k €	+54.3%	12 k €	-29.6%	17 k €		–		3,1 k €	-67.9%	9,5 k €	+6167%	152,3 €
Debts	80,7 k €	+22.4%	66 k €	-0.3%	66,1 k €	-1.5%	67,2 k €	+103%	33,1 k €	-70.7%	113,1 k €	+0.0%	113,1 k €	+11.1%	101,8 k €	+30.8%	77,8 k €	+191%	26,8 k €	-25.2%	35,8 k €	-12.4%	40,9 k €	-3.1%	42,2 k €	+351%	9,4 k €	-52.0%	19,5 k €	-8.1%	21,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

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

Active mandates

Gerrit De Bousser

Director · since 15 décembre 2009

Active

Ended mandates

Gerrit De Bousser

Manager · since 15 décembre 2009

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/07/2026	31/07/2025	30/08/2024	06/07/2023	13/07/2022	30/06/2021
General meeting	25/06/2026	30/06/2025	27/06/2024	29/06/2023	30/06/2022	24/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/06/2026	07/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Micro model	31/12/2023	27/06/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	29/06/2023	06/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	13/07/2022	Dutch	PDF
Micro model	31/12/2020	24/06/2021	30/06/2021	Dutch	PDF
Micro model	31/12/2019	25/06/2020	01/07/2020	Dutch	PDF
Micro model	31/12/2018	27/06/2019	27/06/2019	Dutch	PDF
Micro model	31/12/2017	28/06/2018	24/07/2018	Dutch	PDF
Micro model	31/12/2016	29/06/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	07/07/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	04/08/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 ended

Active mandates

Gerrit De Bousser

Director · since 15 décembre 2009

Active

Ended mandates

Gerrit De Bousser

Manager · since 15 décembre 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 202529,2 k €↑
2024
Annual accounts 202425,9 k €↑
2023
Annual accounts 2023-4,6 k €↓
2022
Annual accounts 202213,5 k €↑
2021
Annual accounts 2021-57 k €↓
2020
Annual accounts 2020-3,7 k €↓
2019
Annual accounts 201918,5 k €↓
2018
Annual accounts 201837,1 k €↑
2017
Annual accounts 20171,4 k €↓
2016
Annual accounts 20164,7 k €↓
2015
Annual accounts 201510,6 k €↓
2014
Annual accounts 201414 k €↑
2013
Annual accounts 20138,2 k €↓
2012
Annual accounts 201211,2 k €↑
2011
Annual accounts 201110 k €↑
2010
Annual accounts 20105,1 k €
24/12/2009
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

P.P.A.

Overview

What does P.P.A. do?

Trend over 16 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline