Debts
€759,778 92% of the balance sheet
Financial debts 15%Suppliers 1%Taxes and wages 2%Other 82%
Of this, €358,312 falls due within a year.
GPP
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2003peak €77,457 (2025)
€70,030▼ 9.6%
lowest -€52,284 (2007)
-€9,041▼ €10,837
peak €71,213 (2025)
€62,171▼ 12.7%
€759,778▲ 16.7%
Board3 names since 2019
2 directors and 1 other
Documentsfilings and deeds
06-11-20266 days late
2026abbreviated format
Loss of €9,041Equity from €71,213 to €62,171Debts from €650,805 to €759,778Cash from €43,645 to €208,948
Key points
from the 2026 annual accountsLiquidity
0.86 was 0.41 in 2025
Short-term debts fell from €365,127 to €358,312.
Position in the sector
7.6%
Lower solvency than 95% of companies in repair of computers and personal goods. Sector median 45.0% · 56 companies.
2026 accounts filed 6 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,107 companies had the same profile as GPP has now. Each dot stands for 3 companies, two years later.
94.3%
were still trading
3.5%
stopped another way
1.8%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,107 companies, not a prediction for GPP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director, since 14-10-2025
- 750 sharesdeed of 19-07-2019
- 750 sharesdeed of 19-07-2019
Recent changes
Appointment: (director)
General meeting of 14-10-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0477044614
New establishment in Poperinge
Ieperseweg 25
Publication in the Belgian Official Gazette
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GPP Poperinge | €0.8m | €70,030 | 7.6% | - |
| WASH INVEST Walhain | €0.8m | €80,674 | 87.3% | - |
| TEXOIL Tielt | €1.1m | €58,736 | 5.2% | - |
| JUANBEKU Aalter | €1.0m | €71,822 | 37.1% | 0 |
| ALAIN HOHO Visé | €0.8m | €43,517 | 51.6% | - |
| CAR DOUCH Kapellen | €0.5m | €72,782 | 33.5% | - |
| ALOHA'SH Braine-l'Alleud | €0.6m | €83,635 | 9.8% | - |
These companies have the same main activity as GPP: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €533,000 and €1.1m, founded between 1994 and 2008.
Official details
Source: KBO- Status
- Active since 07-03-2002Normal situation
- Activity
- Washing and cleaning of motor vehiclesNACE 95316and 2 others
- Establishment units
- 2.095.941.0598970 Poperinge, since 30-04-2002
- 2.310.126.7598970 Poperinge, since 03-11-2020
- Financial year end
- 31 March
- Peppol
- Reachable since 30-10-2023
Annual accounts to 31-03-2026
- ≈ €190,000estimated
- €821,949▲ 13.8%
- Filing
- Filed on 06-11-2026
Insights on GPP
GPP files the abbreviated format. That format states no turnover. The gross margin rose from -€25,444 in 2007 to €70,030 in 2026.
The balance sheet grew most from 2018 to 2020 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GPP
- What is the company number of GPP?
- The company number of GPP is 0477.044.614. The VAT number is the same number with BE in front: BE 0477.044.614.
- Where is GPP based?
- The registered office is at Vlaanderenlaan 45, 8970 Poperinge.Company details
- What does GPP do?
- According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
- What is the legal form of GPP?
- GPP is a private limited company (BV).
- When was GPP founded?
- GPP was founded on 07-03-2002.
- Is GPP still active?
- Yes, GPP is an active enterprise in the KBO register.
- What is the turnover of GPP?
- The turnover in financial year 2026 is ≈ €190,000. This figure is estimated from the gross margin of €70,030 and 41 comparable companies (NACE 953). It probably lies between €130,000 and €300,000.Financials
- Is GPP profitable?
- In financial year 2026, GPP made a loss of €9,041.
- Where can I find the annual accounts of GPP?
- GPP filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of GPP due?
- GPP must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.