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PPG

Active Risk: not assessed
Private limited companyfounded 2026active for less than a yearMariastraat 38, 8000 Brugge, Belgium18 active companies are registered at this addressKBO/BCE: BE 1035.783.618
Summary

PPG is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.

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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.
PPG
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Zetel, Artikel 2” (deed in Dutch)

deed of 24-03-2026

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 14. Externe vertegenwoordigingsbevoegdheid Iedere bestuurder afzonderlijk vertegenwoordigt de vennootschap jegens derden en in…”
Board ruleHow the board is made up, meets and takes decisions.
“Natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, met of zonder beperking van duur” (deed in Dutch)
“Behalve wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden toegekend met mogelijkheid deel te delegeren” (deed in Dutch)
“Ten kosteloze titel, behoudens andersluidende beslissing algemene vergadering” (deed in Dutch)

deed of 24-03-2026

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed

deed of 24-03-2026

Meetings and financial year

Financial yearThe twelve-month period the company draws up its annual accounts for.
From 1 July to 30 June
First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
First financial year to 30-06-2027, first annual accounts due by 31-01-2028
Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of December at 14:00

deed of 24-03-2026

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Behoudens gerechtelijke ontbinding, algemene vergadering in vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Om welke reden en op welk ogenblik ook, mogelijk mits naleving voorwaarden Wetboek van vennootschappen en verenigingen” (deed in Dutch)

deed of 24-03-2026

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

Other provision: “Ten minste vijftien dagen vanaf openstelling intekening, eerst aan bestaande aandeelhouders naar evenredigheid bezit” (deed in Dutch)
Other provision: “Op naam, Aard van de aandelen” (deed in Dutch)
Other provision: “Ondeelbaarheid van de aandelen, dag verdeling of afgifte legaten” (deed in Dutch)
Other provision: “Controle van de vennootschap, een of meerdere commissarissen” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, ten minste drie dagen voor vergadering schriftelijk aan bestuursorgaan bevestigd te willen deelnemen…” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, leden bestuursorgaan commissaris houders converteerbare obligaties inschrijvingsrechten certificaten…” (deed in Dutch)
Other provision: “Door vennootschap ter beschikking gesteld elektronisch communicatiemiddel, elektronische algemene vergadering” (deed in Dutch)
Other provision: “Zittingen-processen-verbaal, algemene vergadering of enige aandeelhouder” (deed in Dutch)
Other provision: “Bestuursorgaan, verdaging algemene vergadering” (deed in Dutch)
Other provision: “Elk aandeel gelijk aandeel, bestemming winst-reserves-dividenden” (deed in Dutch)
Other provision: “Uitvoering statuten, woonstkeuze” (deed in Dutch)
Other provision: “Rechtbank in wiens rechtsgebied de zetel is gevestigd, betwisting zaken vennootschap en uitvoering statuten tussen…” (deed in Dutch)
Other provision: “Vordering tegenpartij beperkt tot saldo na verrekening verschuldigde bedragen tussen vennootschap en aandeelhouders of bestuurders, netting” (deed in Dutch)
7 more provisions in the deed, see the deed of 24-03-2026

deed of 24-03-2026

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