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PPBC

Active
Private limited companyfounded 1983active for 42 yearsRue de la Citadelle(TOU) 124, 7500 Tournai, Belgium30 active companies are registered at this addressKBO/BCE: BE 0425.117.643
Summary

PPBC has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,291 and a net result of -€7,238. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 46% of 11,734 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
PPBCActiveChecked score 82/100
Risk analysis ReportCompare

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.
PPBC
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 02-06-2023

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.
“Avec ou sans limitation de durée, organe d’administration” (deed in French)

deed of 02-06-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Cessions entre vifs, modalisées et organisées,le cas échéant,préalablement à l’arrivée de nouveaux actionnaires et de modifications de…” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Actions nouvelles à souscrire en numéraire, courrier électronique,ou courrier ordinaire même jour si pas d’adresse électronique” (deed in French)

deed of 02-06-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 10:00

deed of 02-06-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Formes prévues pour modifications aux statuts, dissolution en tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Si aucun autre liquidateur désigné, quelque cause et moment” (deed in French)

deed of 02-06-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Compte de capitaux propres statutairement indisponible” (deed in French)
Other provision: “Appels de fonds” (deed in French)
Other provision: “Pouvoir d’administration, loi et statuts réservent à l’assemblée générale” (deed in French)
Other provision: “Fixe ou proportionnelle, rémunération des administrateurs” (deed in French)
Other provision: “Seul ou conjointement fixé par organe, gestion journalière” (deed in French)
Other provision: “Contrôle de la société, lorsque la loi l'exige et dans les limites qu'elle prévoit” (deed in French)
Other provision: “Admission_assemblée_générale, titulaire titres nominatifs inscrit registre titres nominatifs catégorie” (deed in French)
Other provision: “Administrateur,défaut actionnaire présent détenant plus d’actions,parité plus âgé, séances_procès-verbaux” (deed in French)
Other provision: “Tout actionnaire à toute personne actionnaire ou non,par tout moyen transmission,procuration écrite, délibérations_vote” (deed in French)
Other provision: “Séance tenante,à trois semaines au plus,par organe d’administration, toute assemblée ordinaire ou extraordinaire” (deed in French)
Other provision: “Répartition_bénéfice_réserves, moitié bénéfice net aux réserves,moitié distribuée si conditions légales distribution remplies” (deed in French)
Liquidation distribution: “Actif net réparti entre actionnaires en proportion actions,biens conservés remis même proportion, si actions non entièrement…” (deed in French)
Other provision: “Siège pour exécution statuts, élection_domicile” (deed in French)
Other provision: “Tribunaux du siège,compétence exclusive, compétence_judiciaire” (deed in French)
Other provision: “Droit commun, dispositions Code des sociétés et associations auxquelles pas licitement dérogé réputées inscrites” (deed in French)

deed of 02-06-2023

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