PPDA
InactivePPDA was declared bankrupt on 24-03-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 03-10-2023, published in the Belgian State Gazette on 31-10-2023.
Summary
Inactive; last annual accounts for fiscal year 2018.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2019 close31-07-2020 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 05-09-2019, 36 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2018, micro schema
Equity
€29k
Total assets
€37k
Net result
€16k
Working capital
€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €37k
Fixed assets
€6k
Current assets
€31k
Equity and liabilities €37k
Equity
€29k
Debt
€8k
Debt finances 21.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€23k
Cash flow
€16k
Current ratio
3.95
Quick ratio
3.64
Debt to equity
0.00
ROE
54.4%
ROA
42.8%
Debt ≤ 1 year
€8k
Debt > 1 year
€0
Income taxes
€7k
Filed annual accounts As filed with the NBB · 2018 · 31 lines
Balance sheet
Code2018
Assets
Total assets20/58€37k
Formation expenses20€0
Fixed assets21/28€6k
Intangible fixed assets21€0
Tangible fixed assets22/27€2k
Financial fixed assets28€4k
Current assets29/58€31k
Stocks and contracts in progress3€2k
Amounts receivable within one year40/41€27k
Current investments50/53€0
Cash at bank and in hand54/58€2k
Equity and liabilities
Total equity and liabilities10/49€37k
Equity10/15€29k
Contributions10/11€6k
Reserves13€353
Profit (loss) carried forward14€23k
Provisions and deferred taxes16€0
Amounts payable17/49€8k
Amounts payable after more than one year17€0
Amounts payable within one year42/48€8k
Trade debts44€120
Income statement
Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€490
Gross operating margin9900€24k
Operating profit (loss)9901€23k
Recurring financial income75€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€23k
Income taxes67/77€7k
Profit (loss) for the period9904€16k
Profit (loss) for the period to be appropriated9905€16k
Appropriation of the result
Return on contributions (dividend)694€0
Accounts by statement
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €490 |
| Gross operating margin9900 | €24k |
| Operating profit (loss)9901 | €23k |
| Recurring financial income75 | €0 |
| Recurring financial charges65 | €0 |
| Profit (loss) for the period before taxes9903 | €23k |
| Income taxes67/77 | €7k |
| Profit (loss) for the period9904 | €16k |
| Profit (loss) for the period to be appropriated9905 | €16k |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €37k | |
| Formation expenses20 | €0 | |
| Fixed assets21/28 | €6k | |
| Intangible fixed assets21 | €0 | |
| Tangible fixed assets22/27 | €2k | |
| Financial fixed assets28 | €4k | |
| Current assets29/58 | €31k | |
| Stocks and contracts in progress3 | €2k | |
| Amounts receivable within one year40/41 | €27k | |
| Current investments50/53 | €0 | |
| Cash at bank and in hand54/58 | €2k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €37k | |
| Equity10/15 | €29k | |
| Contributions10/11 | €6k | |
| Reserves13 | €353 | |
| Profit (loss) carried forward14 | €23k | |
| Provisions and deferred taxes16 | €0 | |
| Amounts payable17/49 | €8k | |
| Amounts payable after more than one year17 | €0 | |
| Amounts payable within one year42/48 | €8k | |
| Trade debts44 | €120 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €16k |
| + Depreciation and write-downs630 | €490 |
| Operating cash flow (approximation) | €16k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
31-10
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 03-10-2023
2022
01-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-03-2022
2019
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
06-02
Bankruptcy
Bankruptcy reversal
Rechtbank van koophandel Antwerpen, afdeling Antwerpen
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOM TOREMANS COCKERILLKAAI 18,
2000 ANTWERPEN 1 |
24-03-2022 → 03-10-2023 |