CTRL-Q
InactiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
Overview
Official details
KBO- Status
- Inactive
- Activity
- No activity registered in the KBO
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
How it is doing
Inactive: no score
Annual accounts to 30-06-2023
- Gross margin
- €10,567
- ▼ 14.7%
- Turnover
- ≈ €71,000
- estimated
- Loss
- €2,754
- ▲ 968%
- Equity
- -€12,898
- ▼ 27.2%
- Total assets
- €1.0m
- ▲ 0.4%
Filed on 01-12-2023PDF
Signalsraises riskTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
30-06-2024 year end31-01-2025 deadline01-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 01-12-2023, 61 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
61 days early
2022
8 days early
2021
6 days early
2020
5 days early
2019
45 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Financials · financial year 2023, abbreviated format
Latest annual accounts filed
Annual accounts 2023
- Financial year ended
- 30-06-2023
- Filed on
- 01-12-2023
- Format
- abbreviated format
- Reference
- 2023-00519817
Turnover
≈ €71,000
Estimated: probably between €30,000 and €180,000
Total assets
€1.0m▲ 0.4%
2022 · €1.0m
Net result
-€2,754▼ 968%
2022 · -€258
Working capital
-€912,166▼ 2.0%
2022 · -€894,236
Trend over the years
2019 to 2023, 5 financial years
The operating result falls in 2023; 2023 is 6% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.01m
2023
Net result-€0.003m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.0m
2023
Equity-€0.01m
2023
Debt€1.0m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.9m
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result-€0.003m-€0.004m€0.007m▲ 66.3%€0.01m▲ 69.5%€0.01m▼ 5.5%
Net result-€0.008m--€0.01m▼ 19.6%-€0.004m▲ 55.2%-€258▲ 94.3%-€0.003m▼ 968%
Equity€0.005m--€0.005m-€0.01m▼ 83.1%-€0.01m▼ 2.6%-€0.01m▼ 27.2%
Total assets€1.0m-€1.0m▲ 1.6%€1.0m▲ 0.7%€1.0m▼ 0.3%€1.0m▲ 0.4%
Debt€1.0m-€1.0m▲ 2.6%€1.0m▲ 1.1%€1.0m▼ 0.3%€1.0m▲ 0.6%
Working capital-€0.8m--€0.8m▲ 0.8%-€0.9m▼ 8.6%-€0.9m▼ 1.8%-€0.9m▼ 2.0%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.0m
Fixed assets
€1.0m =
Current assets
€26,608 ▲ 16.2%
Equity and liabilities
Equity-€12,898
Debt€1.0m
Equity is negative: debt (€1.0m) exceeds the balance-sheet total (€1.0m).
Key figures and ratios
Solvency
-1.3%▼
2022 · -1.0%
Current ratio
0.03▲
2022 · 0.02
ROA
-0.3%▼
2022 · 0.0%
Debt ≤ 1 year
€938,773▲
2022 · €917,127
Debt > 1 year
€55,000▼
2022 · €80,000
Income taxes
€178▲
2022 · €45
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €1,258 | €53 | ▼ 95.8% |
| Gross operating margin9900 | -€2,421 | €3,949 | €6,566 | €12,388 | €10,567 | ▼ 14.7% |
| Operating profit (loss)9901 | -€3,388 | €3,949 | €6,566 | €11,130 | €10,514 | ▼ 5.5% |
| Recurring financial income75 | - | - | €12 | - | - | - |
| Financial charges65/66B | - | - | - | €11,343 | €13,091 | ▲ 15.4% |
| Recurring financial charges65 | €4,992 | €13,862 | €10,951 | €11,343 | €13,091 | ▲ 15.4% |
| Profit (loss) for the period before taxes9903 | -€8,380 | -€9,913 | -€4,373 | -€213 | -€2,576 | ▼ 1,112% |
| Income taxes67/77 | - | €106 | €114 | €45 | €178 | ▲ 293% |
| Profit (loss) for the period9904 | -€8,380 | -€10,018 | -€4,487 | -€258 | -€2,754 | ▼ 968% |
| Profit (loss) for the period to be appropriated9905 | -€8,380 | -€10,018 | -€4,487 | -€258 | -€2,754 | ▼ 968% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▲ 0.4% |
| Fixed assets21/28 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Financial fixed assets28 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Current assets29/58 | €0.003m | €0.02m | €0.03m | €0.02m | €0.03m | ▲ 16.2% |
| Amounts receivable within one year40/41 | €0.001m | €0.009m | €0.01m | €0.01m | €0.03m | ▲ 116% |
| Trade receivables40 | - | - | - | €0.01m | €0.03m | ▲ 114% |
| Other amounts receivable41 | - | - | - | €28 | €344 | ▲ 12× |
| Cash at bank and in hand54/58 | €0.003m | €0.01m | €0.02m | €0.01m | €0.001m | ▼ 91.3% |
| Deferred charges and accrued income490/1 | - | - | - | €19 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▲ 0.4% |
| Equity10/15 | €0.005m | -€0.005m | -€0.01m | -€0.01m | -€0.01m | ▼ 27.2% |
| Contributions10/11 | €0.01m | - | - | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | -€0.008m | -€0.02m | -€0.02m | -€0.02m | -€0.03m | ▼ 11.9% |
| Amounts payable17/49 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▲ 0.6% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.1m | €0.08m | €0.06m | ▼ 31.3% |
| Financial debts170/4 | - | - | - | €0.08m | €0.06m | ▼ 31.3% |
| Amounts payable within one year42/48 | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | ▲ 2.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.03m | = |
| Trade debts44 | €10 | €0.002m | €0.002m | €0.003m | €0.001m | ▼ 64.9% |
| Suppliers440/4 | - | - | - | €0.003m | €0.001m | ▼ 64.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.008m | €0.009m | ▲ 13.8% |
| Taxes450/3 | - | - | - | €0.001m | €0.004m | ▲ 244% |
| Remuneration and social security454/9 | - | - | - | €0.007m | €0.005m | ▼ 27.4% |
| Other amounts payable47/48 | - | - | - | €0.9m | €0.9m | ▲ 2.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0.04m | €0.05m | ▲ 27.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,380 | -€10,018 | -€4,487 | -€258 | -€2,754 | ▼ 968% |
| Operating cash flow (approximation) | -€8,380 | -€10,018 | -€4,487 | -€258 | -€2,754 | ▼ 968% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €7,254 | €6,018 | -€4,803 | -€10,050 | ▼ 109% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2023 | abbreviated format | 01-12-2023 | 2023-00519817 | |
| 30-06-2022 | abbreviated format | 23-01-2023 | 2023-00001475 | |
| 30-06-2021 | abbreviated format | 25-01-2022 | 2022-01600130 | |
| 30-06-2020 | abbreviated format | 26-01-2021 | 2021-01600293 | |
| 30-06-2019 | abbreviated format | 17-12-2019 | 2019-76200204 |
Subsidies and aid
Flemish government
2023 · 1 entry · €227 awarded · €227 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
2 people, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Pivot Point Europe B.V. |
|
| Peggy Passage |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders”“Artikel 12 Bevoegdheden van het bestuursorgaan, behalve deze die wet of statuten aan algemene vergadering voorbehouden”“Artikel 13 Vergoeding van de bestuurders, algemene kosten los van representatie-,reis- en verplaatsingskosten”“Enige aandeelhouder,derde, enige aandeelhouder heeft van rechtswege alle rechten en verplichtingen van bestuurder”“Te allen tijde, tenzij benoemd voor bepaalde duur of voor onbepaalde duur mits opzegging”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten genoemd in artikel 2:87 Wetboek van vennootschappen en verenigingen, algemene vergadering kan te allen tijde beperken bij…”
Articles of association, deed of 21-03-2024
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Contribution
act of 28-06-2024 ↗
- PASSAGE Peggy €486,338.42 in kind
Capital over the years
- 21-03-2024 Converted to unavailable equity
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure-en expertisekosten helft overdrager helft koper(s), na aftrek aandelen waarvan overdracht voorgesteld”1 more provision on this in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 21-03-2024 (in Dutch)
Group and network
Holdings and subsidiaries
1 holding · 2 subsidiaries in the treeHoldings 1
-
100%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
PP BENELUX 100%1 subsidiary
- PP NEDERLANDNL 100%
Connections & network
See the function holders in the KBO register.
History
Acts, filings and financial milestones
2025
17-01
Gazette deed
End & cessationResignation: Pivot Point Europe B.V. (director) · Permanent representative: PASSAGE Robert · Auditor report18 facts ▸
Gazette deed
End & cessation
Resignation: Pivot Point Europe B.V. (director) · Permanent representative: PASSAGE Robert · Auditor report18 facts ▸
- Other provision, “agenda, verslag bestuursorgaan en staat activa en passiva artikel 2:71 WVV” (deed in Dutch)
- Board meeting, 16-12-2024
- Other provision, “uitgifte van deze akte, griffie bevoegde ondernemingsrechtbank” (deed in Dutch)
- Other provision, “oproepingen en vertegenwoordiging, verzaking toepassing artikel 2:71 en toezending stukken artikel 2:71 en artikel 5:84” (deed in Dutch)
- Auditor report, “oordeel zonder voorbehoud”, EUR (deed in Dutch) (2 times)
- Other provision, “aandelen vrij stemrecht” (deed in Dutch)
- Other provision, “vergadering, aanvang beslissingen” (deed in Dutch)
- Other provision, “eerste beslissing verslaggeving”, 11-12-2024 (deed in Dutch)
- Dissolution, “ontbinding en vereffening in één akte, artikel 2:80 WVV” (deed in Dutch)
- Liquidation distribution, “aandeelhouder” (deed in Dutch)
- Liquidation closure
- Director resignation, Pivot Point Europe B.V. (director)
- +6 further facts in this act
2024
24-09
Gazette deed
Resignation: Peggy Passage (director)Appointment: Pivot Point Europe B.V. (director) · Permanent representative: Robert Passage · Declaration6 facts ▸
Gazette deed
Resignation: Peggy Passage (director)
Appointment: Pivot Point Europe B.V. (director) · Permanent representative: Robert Passage · Declaration6 facts ▸
- General meeting, 03-09-2024
- Director resignation, Peggy Passage (director)
- Director appointment, Pivot Point Europe B.V. (director)
- Permanent representative, Robert Passage
- Declaration, “acceptatie bestuursmandaat, verklaart uitdrukkelijk het mandaat te aanvaarden” (deed in Dutch)
- Power of attorney, Accountantskantoor DRT & Partners BV
28-06
Gazette deed
Registered officeAuditor report · Capital contribution · Registered-office move7 facts ▸
Gazette deed
Registered office
Auditor report · Capital contribution · Registered-office move7 facts ▸
- General meeting, “buitengewone algemene vergadering, unanimiteit van stemmen” (deed in Dutch)
- Other provision, “belang voor vennootschap,beschrijving inbreng,waarderingsmethode,tegenprestatie vergoeding, eerste besluit verslagen inbreng in natura” (deed in Dutch)
- Auditor report, 14-06-2024
- Other provision, “uitgifte onderhavig proces-verbaal, bevoegde griffie ondernemingsrechtbank” (deed in Dutch)
- Capital contribution, €486,338.42 (2 times)
- Registered-office move, 3000 Leuven,Tiensevest 26 bus 0102
- Power of attorney
21-03
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsRegistered office clause · Power of attorney · Incorporation11 facts ▸
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
Registered office clause · Power of attorney · Incorporation11 facts ▸
- Other provision, “bevestiging bestuursmandaten, Vijfde besluit” (deed in Dutch)
- Registered office clause, “3200 Aarschot,Elisabethlaan 55, Zesde besluit” (deed in Dutch)
- Power of attorney
- Other provision, “stemming, alle voorgaande besluiten genomen met unanimiteit van stemmen” (deed in Dutch)
- General meeting, 23-01-2024
- Incorporation, 31-05-2018
- Other provision, “statutenwijzigingen sinds oprichting, niet gewijzigd” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aanpassen aan bepalingen Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigenvermogensrekening, middelen beschikbaar voor uitkering” (deed in Dutch)
- Amendment of the articles
2023
2022
25-01
financial year 2021 · abbreviated format
2021
26-01
financial year 2020 · abbreviated format
2020
30-06
Financial
Weakest financial yearnet -€10,018
Net result drops to -€10,018, the lowest in the series.
2019
17-12
financial year 2019 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Inactive
Inactive
CTRL-Q is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 30 June 2023
- Last registered office
- Tiensevest 36, Bus 102, 3000 Leuvenas published on 17 January 2025
- Legal form
- Private limited company
- First annual accounts
- financial year 2019
Purpose, financial year and meetings according to the articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CTRL-Q
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, voor zover geen wijziging toepasselijk taalregime”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of December at 14:00
Articles of association, deed of 21-03-2024 (in Dutch)