Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of PP RETAIL HOLDING is 1.5% (moderate). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.
Based on State Gazette and CBE data.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 23-07-2025, 39 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-01-2026 and is due by 31-08-2026. Nothing is late today.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-01. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-01-2025, that is 31-08-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-01-2025 | 31-08-2025 | 23-07-2025 | 39 d early | 2025-00312026 |
| 31-01-2024 | 31-08-2024 | 04-07-2024 | 58 d early | 2024-00221328 |
| 31-01-2023 | 31-08-2023 | 17-07-2023 | 45 d early | 2023-00256996 |
| 31-01-2022 | 31-08-2022 | 22-07-2022 | 40 d early | 2022-20249929 |
| 31-01-2021 | 31-08-2021 | 06-07-2021 | 56 d early | 2021-32400373 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2011, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.5%
Moderate
0%0,5%1,5%4%10%≥25%
No NACE activity registered
+Higher-failure-rate region
+Lower-risk legal form
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBBFinancials being processed
NBB has 10 filing(s) on record for this company, latest fiscal year 2025 (volledig). The annual accounts are being processed.
Filings on record
| Fiscal year | Type | Filed | Reference |
|---|---|---|---|
| 31-01-2025 | volledig | 23-07-2025 | 2025-00312026 |
| 31-01-2025 | consolidatie | 24-07-2025 | 2025-00325564 |
| 31-01-2024 | volledig | 04-07-2024 | 2024-00221328 |
| 31-01-2024 | consolidatie | 11-07-2024 | 2024-00250546 |
| 31-01-2023 | volledig | 17-07-2023 | 2023-00256996 |
| 31-01-2023 | consolidatie | 24-07-2023 | 2023-00280652 |
| 31-01-2022 | volledig | 22-07-2022 | 2022-20249929 |
| 31-01-2022 | consolidatie | 26-07-2022 | 2022-20248641 |
| 31-01-2021 | volledig | 06-07-2021 | 2021-32400373 |
| 31-01-2021 | consolidatie | 06-07-2021 | 2021-32400370 |
Directors
Directors & mandates
under verification15 of this company's 15 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Directors derived from a single State Gazette act, under verification
All 3 current directors first appear in the same act (26034065). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
-
Current10-02-2026 → present
-
Current10-02-2026 → present
-
Current10-02-2026 → present
2 events
- 10-02-2026 Appointed· Director
- 10-02-2026 Appointed· Managing director
Former directors (4)
-
Former29-04-2022 → 10-02-2026
3 events
- 10-02-2026 Resigned· Managing director
- 01-03-2024 Mandate renewed· Director
- 29-04-2022 Appointed· Daily management
-
Former30-06-2017 → 10-02-2026
4 events
- 10-02-2026 Resigned· Managing director
- 01-03-2024 Mandate renewed· Director
- 30-06-2017 Appointed· Director
- 30-06-2017 Appointed· Managing director
-
Former26-02-2015 → 10-02-2026
6 events
- 10-02-2026 Resigned· Managing director
- 01-03-2024 Mandate renewed· Director
- 30-06-2017 Appointed· Director
- 30-06-2017 Appointed· Managing director
- 26-02-2015 Appointed· Daily management
- 26-02-2015 Appointed· Managing director
-
Former30-06-2017 → 01-03-2022
3 events
- 01-03-2022 Resigned· Daily management
- 30-06-2017 Appointed· Director
- 30-06-2017 Appointed· Managing director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
2 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| RSM Interaudit SCRLCurrent Statutory auditor · represented by Bernard de Grand Ry |
- | 31-12-2020 → present |
Show 1 earlier auditors
| RSM INTERAUDIT Statutory auditor · represented by Laurent Van der Linden en Bernard de Grand Ry succeeded by RSM Interaudit SCRL in 2020 |
- | 01-01-2014 → 31-12-2020 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 18-01-2011 |
| Status | Active |
| Postal code | 1000 |
Structure & network
Connections & network
13 connected companies7 further connections in this company's network. Available in Kantoor S.
See plans →Network connections
Shared address
→
Shared address
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Shared address
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Shared address
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Show 2 more network connections
Shared address
→
Shared address
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7 further connected companies in this network. Available in Kantoor S.
See plans →
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationPP RETAIL HOLDING
since 20112.198.723.744
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,231 m²
Buildings1
Building footprint723 m²
Volume (LiDAR)12,218 m³
Tallest building21.1 m · ±6 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0562/00K000 | Brussels | 1,230 m² | 1 · 723 m² | 21.1 m · 6 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
13 acts Capital history · 1
27-01-2026
v3.2
Address history · 3
09-01-2023
v3.2
16-10-2018
v3.2
30-12-2014
v3.2
All acts · 13
updated 5 months ago
2026
13-03-2026 Articles of association amended, translation of the articles and coordination of the articles
Notary:
Pauline FRANCKX · Bruxelles
09-03-2026 4 directors appointed, 3 resigning
- Joachim Rubin, Bestuurder
- Elodie Doret, Bestuurder
- Griet Sauvenay, Bestuurder
- Joachim Rubin, Gedelegeerd bestuurder
- Dan Appelstein, Gedelegeerd bestuurder
- Jacques Appelstein, Gedelegeerd bestuurder
- Stephan Jeger, Gedelegeerd bestuurder
Summary:
v3.2
27-01-2026 Capital decrease of €2,000,000 to €53,654,500
2024
01-03-2024 Articles of association amended
Summary:
v3.2
2023
09-01-2023 Registered office moved within Bruxelles
- rue de l'évêque 26, 1000 Bruxelles → Place du Samedi 1, 1000 Bruxelles
Summary:
v3.2
2022
29-04-2022 1 director appointed, 1 resigning
- Dan Appelstein, Dagelijks bestuur
- Henri Appelstein, Dagelijks bestuur
Summary:
v3.2
2020
31-12-2020 2 directors appointed
- Bernard de Grand Ry, Commissaris
- Laurent Van der Linden, Commissaris
Summary:
v3.2
2018
16-10-2018 Registered office moved within Bruxelles
- Rue du Marquis 1, 1000 Bruxelles → Rue de l'Evêque 26, 1000 Bruxelles
Summary:
v3.2
12-04-2018 7 directors appointed
- Henri Appelstein, Bestuurder
- Stephan Jeger, Bestuurder
- Jacques Appelstein, Bestuurder
- Bernard de Grand Ry, Commissaris
- Henri Appelstein, Gedelegeerd bestuurder
- Stephan Jeger, Gedelegeerd bestuurder
- Jacques Appelstein, Gedelegeerd bestuurder
Summary:
v3.2
2016
05-07-2016 Publication in the Belgian Official Gazette, Minor change
Summary:
v3.2
2015
26-02-2015 Articles of association amended
Summary:
v3.2
2014
30-12-2014 Bernard De Grand Ry appointed as statutory auditor
30-12-2014 Registered office moved from Antwerpen to Brussel
Analysis
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameNL | PP RETAIL HOLDING |
Registered office
Zaterdagplein 1
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.