ACTIVE

PP41

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Financial year 2025 · closed on 31/12/2025

Net result

25,7 k €

+185.4% YoY

Gross margin

84 k €

+183.1% YoY

Equity

116,4 k €

+28.3% YoY

Workforce

0,0 ETP

What does PP41 do?

PP41 is a Private limited company incorporated in 2012. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Turnhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0849.016.650

Incorporation

24/09/2012

Legal form

Private limited company

Registered office

Leopoldstraat 2A box 1
2300 Turnhout · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 41101Development of building projects 68100Buying and selling of own real estate 68110Buying and selling of own real estate 68121Buying and selling of own real estate+6

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	84 k €	+183%	29,7 k €	-73.0%	110 k €	+154%	43,2 k €	+65.8%	26,1 k €	+5.2%	24,8 k €	-68.4%	78,4 k €	+6.6%	73,5 k €	-0.0%	73,5 k €	+31.0%	56,2 k €	+0.4%	56 k €	+18.4%	47,3 k €	+111%	22,4 k €
EBITDA	76,8 k €	+195%	26,1 k €	-75.3%	105,7 k €	+160%	40,6 k €	+72.8%	23,5 k €	+5.2%	22,3 k €	-70.6%	76 k €	+6.8%	71,2 k €	-0.1%	71,3 k €	+32.2%	53,9 k €	+0.4%	53,7 k €	+19.3%	45 k €	+135%	19,1 k €
Operating result	39,2 k €	+739%	-6,1 k €	-108%	74,5 k €	+1033%	6,6 k €	+169%	-9,6 k €	-296%	-2,4 k €	-105%	51,3 k €	+2.8%	49,9 k €	-1.6%	50,7 k €	+52.1%	33,3 k €	+1.6%	32,8 k €	+37.0%	23,9 k €	+379%	-8,6 k €
Net result	25,7 k €	+185%	-30,1 k €	-167%	44,9 k €	+1345%	-3,6 k €	+82.3%	-20,4 k €	-81.2%	-11,2 k €	-137%	30,7 k €	+13.9%	27 k €	+6.1%	25,4 k €	+66.7%	15,3 k €	-24.6%	20,2 k €	+102%	10 k €	+127%	-37,5 k €
Balance sheet
Equity	116,4 k €	+28.3%	90,7 k €	-24.9%	120,8 k €	+59.2%	75,9 k €	-4.5%	79,5 k €	-20.4%	99,8 k €	-10.1%	111,1 k €	+38.2%	80,4 k €	+50.5%	53,4 k €	+91.0%	28 k €	+120%	12,7 k €	+269%	-7,5 k €	+57.1%	-17,5 k €
Total assets	634,6 k €	-6.2%	676,4 k €	-3.8%	703,4 k €	-33.8%	1,1 M €	+143%	436,9 k €	+17.3%	372,3 k €	-8.1%	405 k €	+9.7%	369,2 k €	-5.9%	392,3 k €	+0.6%	390 k €	-3.2%	403 k €	-4.5%	421,9 k €	-4.0%	439,4 k €
Cash	26,8 k €	+311%	6,5 k €	-39.7%	10,8 k €	-39.5%	17,9 k €	+42.8%	12,5 k €	-64.0%	34,8 k €	-40.1%	58,1 k €	+143%	23,9 k €	-34.5%	36,5 k €	+121%	16,5 k €	+67.1%	9,9 k €	+51.5%	6,5 k €	-2.4%	6,7 k €
Debts	518,2 k €	-11.5%	585,7 k €	+0.5%	582,6 k €	-40.9%	986,1 k €	+176%	357,4 k €	+31.2%	272,5 k €	-7.3%	293,9 k €	+1.8%	288,9 k €	-14.8%	338,9 k €	-6.4%	362 k €	-7.2%	390,3 k €	-9.1%	429,4 k €	-6.0%	456,9 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–

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 31/12/2024 · 1 active · 3 ended

Active mandates

John Glenisson

Director

Active

Ended mandates

Gerd Van Zundert

Manager

Ended

Johan Glenisson

Director

Ended

John Glenisson

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Caesar 25● Active	1017.761.414
Centrhalpark● Active	0761.869.375
DOMUS 85● Active	0882.079.002
DOMUS 85 PROJECTS● Active	0886.143.104
Driezenhof● Active	0768.364.219
FORUM 74● Active	0828.667.634
G. Glenisson● Active	0413.517.829
MELIORARE● Active	0451.505.801
SWM9● Active	0719.482.058
The Media Bay● Active	0884.715.521

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	15/07/2026	21/08/2025	05/07/2024	22/06/2023	17/06/2022	22/06/2021
General meeting	11/06/2026	12/06/2025	13/06/2024	08/06/2023	09/06/2022	10/06/2021
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
Abridged model	31/12/2025	11/06/2026	15/07/2026	Dutch	PDF
Micro model	31/12/2024	12/06/2025	21/08/2025	Dutch	PDF
Micro model	31/12/2023	13/06/2024	05/07/2024	Dutch	PDF
Micro model	31/12/2022	08/06/2023	22/06/2023	Dutch	PDF
Micro model	31/12/2021	09/06/2022	17/06/2022	Dutch	PDF
Micro model	31/12/2020	10/06/2021	22/06/2021	Dutch	PDF
Micro model	31/12/2019	11/06/2020	12/06/2020	Dutch	PDF
Micro model	31/12/2018	13/06/2019	17/06/2019	Dutch	PDF
Micro model	31/12/2017	14/06/2018	15/06/2018	Dutch	PDF
Micro model	31/12/2016	08/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	09/06/2016	15/06/2016	Dutch	PDF
Abridged model	31/12/2014	11/06/2015	12/06/2015	Dutch	PDF
Abridged model	31/12/2013	12/06/2014	30/06/2014	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 31/12/2024 · 1 active · 3 ended

Active mandates

John Glenisson

Director

Active

Ended mandates

Gerd Van Zundert

Manager

Ended

Johan Glenisson

Director

Ended

John Glenisson

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/01/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other05/10/2012
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

2025
Annual accounts 202525,7 k €↑
2025
Name changePP41
2024
Annual accounts 2024-30,1 k €↓
2023
Annual accounts 202344,9 k €↑
2022
Annual accounts 2022-3,6 k €↑
2021
Annual accounts 2021-20,4 k €↓
2021
Name changePP 41
2020
Annual accounts 2020-11,2 k €↓
2019
Annual accounts 201930,7 k €↑
2018
Annual accounts 201827 k €↑
2017
Annual accounts 201725,4 k €↑
2016
Annual accounts 201615,3 k €↓
2015
Annual accounts 201520,2 k €↑
2014
Annual accounts 201410 k €↑
2013
Annual accounts 2013-37,5 k €
24/09/2012
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

PP41

Overview

What does PP41 do?

Trend over 13 financial years

Indicative valuation

Board of directors

Other companies at this address

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