ACTIVE

PPA-Electronics

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Financial year 2025 · closed on 31/12/2025

Net result

1 M €

+25.4% YoY

Gross margin

1,8 M €

+23.4% YoY

Equity

2,2 M €

+86.5% YoY

Workforce

5,4 ETP

+38.5% YoY

What does PPA-Electronics do?

PPA-Electronics is a Private limited company incorporated in 2007. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Kampenhout. It employs on average 5,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0891.773.260

Incorporation

20/08/2007

Legal form

Private limited company

Registered office

Vekestraat 48
1910 Kampenhout · FlandreSee on map

Contributed capital

54 550,00 €

Latest accounts

31/12/2025

Average workforce

5,4 ETP

Activities (NACE)

46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46699Wholesale of other machinery and equipment 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (3)

14904
200
218

Signals

ProfitableSolid equityLow 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 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	1,8 M €	+23.4%	1,4 M €	+46.8%	974,4 k €	-1.4%	988,3 k €	+24.0%	797,3 k €	+207%	259,3 k €	+36.8%	189,5 k €	+198%	63,6 k €	-30.3%	91,3 k €	-25.0%	121,7 k €	+2.1%	119,2 k €	+73.3%	68,8 k €	-42.3%	119,2 k €	+2794%	4,1 k €	-97.2%	149,2 k €	+218%	46,9 k €	+627%	-8,9 k €
EBITDA	1,3 M €	+35.8%	974,3 k €	+60.3%	608 k €	-14.8%	713,2 k €	+190%	246,4 k €	+526%	39,4 k €	-41.1%	66,8 k €	+381%	-23,7 k €	-306%	11,6 k €	-72.0%	41,2 k €	-4.5%	43,2 k €	+576%	6,4 k €	-91.6%	76,4 k €	+331%	-33 k €	-133%	100,3 k €	+366%	21,5 k €	+164%	-33,5 k €
Operating result	1,2 M €	+36.9%	885,1 k €	+62.1%	545,9 k €	-18.4%	669,3 k €	+229%	203,3 k €	+1779%	10,8 k €	-75.5%	44,1 k €	+201%	-43,6 k €	-543%	-6,8 k €	-151%	13,3 k €	-42.1%	22,9 k €	+478%	4 k €	-94.1%	67,4 k €	+255%	-43,4 k €	-149%	88,2 k €	+855%	9,2 k €	+120%	-46,4 k €
Net result	1 M €	+25.4%	808,7 k €	+10.5%	732 k €	+18.5%	617,9 k €	+402%	123,1 k €	+14532%	841 €	-97.8%	37,8 k €	+162%	-60,6 k €	-880%	-6,2 k €	-168%	9 k €	+68.7%	5,4 k €	-33.0%	8 k €	-85.9%	56,8 k €	+197%	-58,6 k €	-190%	64,8 k €	+1804%	-3,8 k €	+92.8%	-52,9 k €
Balance sheet
Equity	2,2 M €	+86.5%	1,2 M €	+24.2%	943,7 k €	+114%	441,7 k €	+61.3%	273,8 k €	+163%	104,1 k €	+0.8%	103,2 k €	+398%	-34,6 k €	-233%	26 k €	-19.2%	32,2 k €	+39.0%	23,2 k €	+30.1%	17,8 k €	+81.5%	9,8 k €	+121%	-46,9 k €	-504%	11,6 k €	+130%	-38,1 k €	-11.1%	-34,3 k €
Total assets	3,5 M €	+9.7%	3,2 M €	+43.1%	2,2 M €	+5.2%	2,1 M €	+33.6%	1,6 M €	+64.9%	952,1 k €	+34.7%	707 k €	+228%	215,6 k €	-10.6%	241 k €	-11.0%	270,9 k €	+12.2%	241,4 k €	+39.4%	173,2 k €	-34.4%	264,3 k €	+153%	104,4 k €	-50.6%	211,4 k €	+5.0%	201,3 k €	+82.8%	110,1 k €
Cash	734,6 k €	+26.1%	582,6 k €	+68.2%	346,3 k €	-40.2%	578,7 k €	+116%	268,5 k €	+650%	35,8 k €	+301%	8,9 k €		–		864,2 €	-86.0%	6,2 k €	-0.0%	6,2 k €	+482%	1,1 k €	+74.7%	605,8 €	-77.3%	2,7 k €	+112%	1,3 k €	+1005%	113,7 €	-60.1%	284,7 €
Debts	1,3 M €	-35.8%	2 M €	+57.2%	1,3 M €	-22.5%	1,6 M €	+29.6%	1,3 M €	+48.2%	848 k €	+40.5%	603,7 k €	+141%	250,2 k €	+16.5%	214,7 k €	-10.1%	238,7 k €	+9.3%	218,3 k €	+41.6%	154,1 k €	-38.5%	250,6 k €	+70.5%	147 k €	-24.5%	194,8 k €	-18.6%	239,4 k €	+65.8%	144,4 k €
Other
Workforce	5,4 ETP	+38.5%	3,9 ETP	-9.3%	4,3 ETP	+38.7%	3,1 ETP	-26.2%	4,2 ETP	+35.5%	3,1 ETP		–		–		–		1,3 ETP	0.0%	1,3 ETP	-7.1%	1,4 ETP	+133%	0,6 ETP		–		0,7 ETP	+16.7%	0,6 ETP	+20.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Dirk Illegems

Director · since 21 décembre 2021

Active

Ended mandates

Illegems Dirk Group

Director · since 21 décembre 2021 · 0761.485.533

Represented by Franckx DORIANE

Ended

Illegems Dirk Group

Director · since 21 décembre 2021 · 0761.485.533

Represented by Doriane FRANCKX

Ended

Dirk Illegems

Director · since 20 août 2007

Ended

Dirk Illegems

Manager · since 20 août 2007

Ended

At this address

Other companies at this address

Company	CBE no.
De Sutter Technics● Active	0479.320.352

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	06/08/2026	24/11/2025	25/06/2024	28/06/2023	11/08/2022	31/08/2021
General meeting	06/08/2026	20/11/2025	18/06/2024	31/05/2023	05/08/2022	26/08/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/08/2026	06/08/2026	Dutch	PDF
Abridged model	31/12/2024	20/11/2025	24/11/2025	Dutch	PDF
Abridged model	31/12/2023	18/06/2024	25/06/2024	Dutch	PDF
Abridged model	31/12/2022	31/05/2023	28/06/2023	Dutch	PDF
Abridged model	31/12/2021	05/08/2022	11/08/2022	Dutch	PDF
Abridged model	31/12/2020	26/08/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	23/06/2020	06/10/2020	Dutch	PDF
Micro model	31/12/2018	18/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	19/06/2018	09/07/2018	Dutch	PDF
Micro model	31/12/2016	20/06/2017	26/07/2017	Dutch	PDF
Abridged model	31/12/2015	21/06/2016	11/08/2016	Dutch	PDF
Abridged model	31/12/2014	16/06/2015	26/07/2015	Dutch	PDF
Abridged modelCorrection	31/12/2013	17/06/2014	26/07/2015	Dutch	PDF
Abridged model	31/12/2013	17/06/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	09/07/2013	07/08/2013	Dutch	PDF
Abridged model	31/12/2011	19/06/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	22/06/2010	07/07/2010	Dutch	PDF
Abridged model	31/12/2008	23/06/2009	16/07/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 1 active · 7 ended

Active mandates

Dirk Illegems

Director · since 21 décembre 2021

Active

Ended mandates

Illegems Dirk Group

Director · since 21 décembre 2021 · 0761.485.533

Represented by Franckx DORIANE

Ended

Illegems Dirk Group

Director · since 21 décembre 2021 · 0761.485.533

Represented by Doriane FRANCKX

Ended

Dirk Illegems

Director · since 20 août 2007

Ended

Dirk Illegems

Manager · since 20 août 2007

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/04/2026
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2021
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2021
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/01/2019
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares06/06/2018
KAPITAAL - AANDELEN
PDF
Registered office24/02/2016
MAATSCHAPPELIJKE ZETEL
PDF
Other03/10/2011
DOEL
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 20251 M €↑
2024
Annual accounts 2024808,7 k €↑
2023
Annual accounts 2023732 k €↑
2022
Annual accounts 2022617,9 k €↑
2021
Annual accounts 2021123,1 k €↑
2019
Annual accounts 2019841 €↓
2018
Annual accounts 201837,8 k €↑
2017
Annual accounts 2017-60,6 k €↓
2016
Annual accounts 2016-6,2 k €↓
2015
Annual accounts 20159 k €↑
2014
Annual accounts 20145,4 k €↓
2013
Annual accounts 20138 k €↓
2012
Annual accounts 201256,8 k €↑
2011
Annual accounts 2011-58,6 k €↓
2010
Annual accounts 201064,8 k €↑
2009
Annual accounts 2009-3,8 k €↑
2008
Annual accounts 2008-52,9 k €
20/08/2007
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

PPA-Electronics

Overview

What does PPA-Electronics do?

Trend over 17 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