About Initial P
Initial P is a private limited company (BV/SRL) based in Vorst, founded in 2004. Its main activity is classified as "Administratieve en ondersteunende activiteiten ten behoeve van kantoren". For the 2025 financial year, Initial P reported a loss of €83,834. A year earlier, in 2024, it still made a profit of €5,192. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €994,131, up 8.2% on 2024. It employed an average of 12.6 full-time equivalents. Equity stands at €80,599, a solvency ratio of 4.4%. In 2006 it was €49,849. 20 annual accounts are available, covering 2006 to 2025.
- Sectors
- Wholesalers
- Signals
-
Reporting lossesReporting losses € -84K
The company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.95The current ratio is below 1: may be insufficient to cover short-term debt.
Positive cashflowPositive cashflow € 3KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 34KPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 13.6%Social debts stay manageable relative to personnel costs.
Financial ratios
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2025
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2024
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|
2023
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|
2022
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|---|---|---|---|---|
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€
994K
|
€
919K
|
€
692K
|
€
449K
|
|
|
€
34K
|
€
127K
|
€
81K
|
€
48K
|
|
|
€
-84K
|
€
5K
|
€
25K
|
€
9K
|
|
|
€
81K
|
€
164K
|
€
159K
|
€
134K
|
|
|
4.38%
|
8.04%
|
11.64%
|
13.02%
|
|
|
€
1.76M
|
€
1.88M
|
€
1.21M
|
€
898K
|
|
|
€
530K
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€
535K
|
€
403K
|
€
135K
|
|
|
12.60
|
14.20
|
9.80
|
8.60
|
Publications 18
All publications- Statuts (Traduction, Coordination, Autres Modifications, ) - Modification Forme Juridique - Siege Social - Demissions, Nominations 26/10/2023
- Demissions, Nominations 24/02/2017
- Me. - Comptes Annuels 31.12.2015, App 03.06.2016, Dpt 01.07.2016 16250-0525-013 04/07/2016
- Siege Social 19/05/2016
- Me. - Comptes Annuels 31.12.2014, App 05.06.2015, Dpt 25.06.2015 15230-0271-012 03/07/2015
Frequently asked questions
Answers to the most common questions about Initial P, based on official government data and the filed annual accounts.
What is the VAT number of Initial P?
The VAT number of Initial P is BE0870.746.135.
What is the official website of Initial P?
The official website of Initial P is db-group.be.
How many employees work at Initial P?
In 2025, Initial P employed 12.60 full-time equivalents (FTE).
When was Initial P established?
Initial P was founded in 22-12-2004.
What is the official address of Initial P?
The official address of Initial P is Ruisbroekse Steenweg 81 Vorst 1190.
What is the legal form of Initial P?
The juridical form of Initial P is Private limited company (BV/SRL).
What is the annual revenue of Initial P?
The 2025 accounts of Initial P do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Initial P a reliable company?
Initial P is a registered Rechtspersoon with company number 0870.746.135 and can be verified through the official CBE database.
What is the credit limit of Initial P?
The estimated credit limit of Initial P is €26,662.
Is Initial P still active?
Initial P currently has the status "Normal situation" and is active.