ACTIVE

PP RETAIL LOGISTICS

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Financial year 2026 · closed on 31/01/2026

Net result

161,9 k €

+1.4% YoY

Revenue

3,6 M €

+3.5% YoY

Equity

430,9 k €

+60.2% YoY

Workforce

35,0 ETP

+8.0% YoY

What does PP RETAIL LOGISTICS do?

PP RETAIL LOGISTICS is a Private limited company incorporated in 2012. Its main activity is: Support activities for transportation. Its registered office is in Wavre. It employs on average 35,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0848.006.068

Incorporation

03/08/2012

Legal form

Private limited company

Registered office

Boulevard de l'Europe 127
1300 Wavre · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/01/2026

Average workforce

35,0 ETP

Activities (NACE)

52250Support activities for transportation· main 52290Other transportation support activities 70200Management consultancy activities 70220Business and other management consultancy activities 52100Warehousing and storage 52100Warehousing and storage+4

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Revenue	3,6 M €	+3.5%	3,5 M €	+1.1%	3,4 M €	+13.8%	3 M €	+17.5%	2,6 M €	+24.3%	2,1 M €	-24.2%	2,7 M €	-11.1%	3,1 M €	-0.2%	3,1 M €	-1.3%	3,1 M €	-3.8%	3,2 M €	-9.6%	3,6 M €	+5.0%	3,4 M €
EBITDA	278,2 k €	-3.5%	288,4 k €	-4.0%	300,4 k €	+210%	96,8 k €	-16.8%	116,3 k €	+152%	-222,3 k €	-363%	84,6 k €	-4.8%	88,9 k €	-8.5%	97,2 k €	-33.6%	146,5 k €	-5.1%	154,4 k €	+20.9%	127,7 k €	+5.7%	120,8 k €
Operating result	231,2 k €	-0.5%	232,4 k €	-5.4%	245,7 k €	+280%	64,6 k €	-16.4%	77,2 k €	+128%	-271,1 k €	-918%	33,2 k €	-10.1%	36,9 k €	+9.8%	33,6 k €	-60.8%	85,7 k €	-4.1%	89,4 k €	+3.1%	86,7 k €	-14.0%	100,8 k €
Net result	161,9 k €	+1.4%	159,7 k €	-11.0%	179,3 k €	+194%	61 k €	-16.3%	72,9 k €	+127%	-268,2 k €	-3328%	8,3 k €	-37.6%	13,3 k €	-33.2%	19,9 k €	-59.3%	49 k €	-7.4%	52,9 k €	+6.6%	49,6 k €	-6.0%	52,8 k €
Balance sheet
Equity	430,9 k €	+60.2%	269,1 k €	+146%	109,4 k €	+256%	-69,9 k €	+46.6%	-130,9 k €	+35.8%	-203,8 k €	-416%	64,4 k €	+14.8%	56,1 k €	+31.1%	42,8 k €	-80.8%	222,9 k €	+28.2%	173,9 k €	+43.7%	121 k €	+69.5%	71,4 k €
Total assets	1,1 M €	+20.3%	883,7 k €	+18.5%	745,7 k €	+46.9%	507,6 k €	+90.6%	266,3 k €	-45.4%	488 k €	-11.0%	548,5 k €	-31.6%	802,1 k €	-24.4%	1,1 M €	-12.2%	1,2 M €	-25.8%	1,6 M €	+176%	589,7 k €	+47.3%	400,3 k €
Cash	0 €		0 €		0 €		–		–		–		–		–		–		–		–		–		–
Debts	630,2 k €	+2.5%	614,7 k €	-3.1%	634,6 k €	+9.9%	577,5 k €	+45.4%	397,2 k €	-42.6%	691,8 k €	+43.0%	483,9 k €	-31.8%	709,7 k €	-30.2%	1 M €	+3.3%	984,8 k €	-32.3%	1,5 M €	+210%	468,7 k €	+42.5%	328,9 k €
Other
Workforce	35,0 ETP	+8.0%	32,4 ETP	+4.2%	31,1 ETP	+13.5%	27,4 ETP	+3.0%	26,6 ETP	-5.0%	28,0 ETP	-9.1%	30,8 ETP	-4.3%	32,2 ETP	+2.5%	31,4 ETP	+2.3%	30,7 ETP	-10.8%	34,4 ETP	+4.2%	33,0 ETP	+9.3%	30,2 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 31/01/2026 · 5 active · 4 ended

Active mandates

Elodie Doret

Director · since 10 février 2026

Active

Griet Sauvenay

Director · since 10 février 2026

Active

Joachim Rubin

Managing director · since 10 février 2026

Active

Jacques APPELSTEIN

Manager · until 10 février 2026

Active

Stephan JEGER

Manager · until 10 février 2026

Active

Ended mandates

Henri APPELSTEIN

Manager · until 01 mars 2022

Ended

Henri APPELSTEIN

Manager

Ended

Jacques APPELSTEIN

Manager

Ended

Stephan Jeger

Manager

Ended

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/02/2025	01/02/2024	01/02/2023	01/02/2022	01/02/2021	01/02/2020
Closing of the financial year	31/01/2026	31/01/2025	31/01/2024	31/01/2023	31/01/2022	31/01/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2026	23/07/2025	04/07/2024	17/07/2023	22/07/2022	06/07/2021
General meeting	11/06/2026	30/06/2025	27/06/2024	29/06/2023	28/06/2022	28/06/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/01/2026	11/06/2026	17/07/2026	French	PDF
Full model	31/01/2025	30/06/2025	23/07/2025	French	PDF
Full model	31/01/2024	27/06/2024	04/07/2024	French	PDF
Full model	31/01/2023	29/06/2023	17/07/2023	French	PDF
Full model	31/01/2022	28/06/2022	22/07/2022	French	PDF
Full model	31/01/2021	28/06/2021	06/07/2021	French	PDF
Full model	31/01/2020	29/06/2020	20/07/2020	French	PDF
Full model	31/01/2019	13/06/2019	27/06/2019	French	PDF
Full model	31/01/2018	14/06/2018	19/07/2018	French	PDF
Full model	31/01/2017	08/06/2017	12/06/2017	French	PDF
Full model	31/01/2016	10/06/2016	17/06/2016	French	PDF
Full model	31/01/2015	11/06/2015	02/07/2015	French	PDF
Full model	31/01/2014	12/06/2014	20/06/2014	French	PDF

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 31/01/2026 · 5 active · 4 ended

Active mandates

Elodie Doret

Director · since 10 février 2026

Active

Griet Sauvenay

Director · since 10 février 2026

Active

Joachim Rubin

Managing director · since 10 février 2026

Active

Jacques APPELSTEIN

Manager · until 10 février 2026

Active

Stephan JEGER

Manager · until 10 février 2026

Active

Ended mandates

Henri APPELSTEIN

Manager · until 01 mars 2022

Ended

Henri APPELSTEIN

Manager

Ended

Jacques APPELSTEIN

Manager

Ended

Stephan Jeger

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other17/03/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates07/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates10/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates02/08/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates09/08/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates31/03/2014
DEMISSIONS, NOMINATIONS
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

2026
Annual accounts 2026161,9 k €↑
2025
Annual accounts 2025159,7 k €↓
2024
Annual accounts 2024179,3 k €↑
2023
Annual accounts 202361 k €↓
2022
Annual accounts 202272,9 k €↑
2021
Annual accounts 2021-268,2 k €↓
2020
Annual accounts 20208,3 k €↓
2019
Annual accounts 201913,3 k €↓
2018
Annual accounts 201819,9 k €↓
2017
Annual accounts 201749 k €↓
2016
Annual accounts 201652,9 k €↑
2015
Annual accounts 201549,6 k €↓
2014
Annual accounts 201452,8 k €
03/08/2012
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

PP RETAIL LOGISTICS

Overview

What does PP RETAIL LOGISTICS do?

Trend over 13 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