PP AUTO
ActiveSummary
PP AUTO has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107,178 and a net result of -€14,186. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 95% of 22,595 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
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.
- PP AUTO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Enkel besluit, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De vennootschap wordt slechts geldig vertegenwoordigd jegens derden en in rechte als eiser of als verweerder door het gezamenlijk optreden…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met onmiddellijke uitwerking, te allen tijde” (deed in Dutch)“Behalve handelingen die wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden toegekend met mogelijkheid deel te…” (deed in Dutch)“Al dan niet ten kosteloze titel, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)“Met of zonder beperking duur;statutair bestuurder mogelijk indien benoemd in statuten;algemene vergadering bepaalt aantal,duur,bevoegdheid…” (deed in Dutch)
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) naar evenredigheid verworven aantal bij meerdere kopers, erfgenamen en…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of December at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed