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P.P. GENERAL MANAGEMENT

Active
Public limited companyfounded 2004active for 22 yearsRue Ferrer(Flh) 1, 4400 Flémalle, BelgiumKBO/BCE: BE 0863.287.924
Summary

P.P. GENERAL MANAGEMENT has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,167 and a net result of €29,930. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 65% of 13,626 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisFollow ReportCompare
P.P. GENERAL MANAGEMENTActiveChecked score 84/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of other food products
NACE 46389
1 site
Size
€159,145total assets 2025
Equity
€94,167
Profit
€29,930
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Largest shareholder
BRI.NELL.C.K. · 30.89%
Board
5 members
Accounts filed 75 days late2 of 8 deeds read
Why 84raises riskLatest accounts 75 days late; 1 of the last 3 lateLiquidity: current ratio 0.17, cash €2,429, halvedlowers riskFounded in 2004Legal form: public limited companyShow the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 84+34
equity 59.2% of total assets
Liquidity 33-21
short-term debt 40.8% · cash 1.5%
Profitability 92+23
return on assets 18.8%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,868 companies, NACE 46, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.5%▼ -0.3 percentage points vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.17, compared with 0.6 in 2024, below 1; short-term debt: 40.8% and cash: 1.5% of total assets), and 40.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 66% on solvency, 30% on liquidity, 86% on profitability and 87% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2004
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 75 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.17, cash €2,429, halved
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
75 days late
2024
57 days early
2023
30 days late
2022
6 days early
2021
13 days early
2020
31 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €29,930
  3. Resignation: Nicolas MAFFEIS (director)Appointment: JD PATRIMO (director) ·…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 75 days View
  • A director leftlatest change 13-11-2025 · 5 in office 1 left View
  • Total assets 20256 financial years filed €159,145 View

By topic

Financials

Financial year
2025
Total assets
€159,145
Profit
€29,930
Solvency
59.2%
Total assets▼ 37.5%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
Largest shareholder
BRI.NELL.C.K. · 30.89%
  • KEVODirector
  • JD PATRIMODirector
  • BRI.NELL.C.K.Director
  • SABRI.NELL.C.KDirector
  • SRLKEVODirector
Go to Board & ownership

Timeline

Events
29
Since
2005
Next accounts
by 31-07-2027
  1. 04-06-2025Annual accounts filed
  2. 30-08-2024Annual accounts filed
  3. 26-06-2024Reappointments: SRLKEVO (administrateuretadministrateurdélégué) and SABRI.NELL.C.K (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of other food productsNACE 46389
Founded
09-02-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
54
Who signs
The sole director
Purpose
“L'administration de son patrimoine mobilier et immobilier, ainsi que toutes activités se…” (deed in French)
Go to Articles of association

Key facts about P.P. GENERAL MANAGEMENT

What is the company number of P.P. GENERAL MANAGEMENT?
0863.287.924. In Belgium the VAT number is the company number with BE in front: BE 0863.287.924.
Where is P.P. GENERAL MANAGEMENT based?
The registered office is at Rue Ferrer(Flh) 1, 4400 Flémalle.Company details
What does P.P. GENERAL MANAGEMENT do?
According to the KBO register, the main activity is wholesale of other food products (NACE 46389).
What is the legal form of P.P. GENERAL MANAGEMENT?
Public limited company (NV).
When was P.P. GENERAL MANAGEMENT founded?
On 09-02-2004.
Is P.P. GENERAL MANAGEMENT still active?
Yes, P.P. GENERAL MANAGEMENT is an active enterprise in the KBO register.
What is the turnover of P.P. GENERAL MANAGEMENT?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is P.P. GENERAL MANAGEMENT profitable?
In financial year 2025, P.P. GENERAL MANAGEMENT made a profit of €29,930.
Where can I find the annual accounts of P.P. GENERAL MANAGEMENT?
P.P. GENERAL MANAGEMENT filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P.P. GENERAL MANAGEMENT due?
By 31-07-2027, for financial year 2026.Timeline

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