P.P.G.-GROUP
Open bankruptcyA bankruptcy procedure is open for P.P.G.-GROUP according to publications in the Belgian State Gazette; curator: Peter SUSTRONCK. The 2019 annual accounts show negative equity (€-1.15M) and a net result of €-324k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 07-10-2019, 206 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
206 d early
← before the deadline
after the deadline →
Financials · fiscal year 2019, abbreviated schema
Equity
€-1.15M▼ 49.6%
2018 · €-770k
2018: €-770k
2018 → 2019
Net result
€-324k▲ 90.7%
2018 · €-3.48M
2018: €-3.48M
2018 → 2019
Total assets
€4k▼ 99.8%
2018 · €2.05M
2018: €2.05M
2018 → 2019
Solvency
-30519.9%▼ 30482.3pp
2018 · -37.6%
2018: -37.6%
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€-770k-€-1.15M▼ 49.6%
Operating result€267k-€-302k
Net result€-3.48M-€-324k▲ 90.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2019: a loss of €302k after €267k in 2018.
Key figures and ratios
Debt
€1.16M▼
2018 · €2.82M
Debt > 1 year
€1.16M▼
2018 · €2.22M
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€2.05M€4k▼
Fixed assets21/28€515k-
Financial fixed assets28€515k-
Current assets29/58€1.53M€4k▼
Amounts receivable within one year40/41€1.51M€2k▼
Cash at bank and in hand54/58€21k€2k▼
Equity and liabilities
Total equity and liabilities10/49€2.05M€4k▼
Equity10/15€-770k€-1.15M▼
Contributions10/11€2.06M€2.06M=
Reserves13€206k€206k=
Profit (loss) carried forward14€-3.10M€-3.42M▼
Amounts payable17/49€2.82M€1.16M▼
Amounts payable after more than one year17€2.22M€1.16M▼
Amounts payable within one year42/48€592k-
Trade debts44€83k-
Income statement
Code20182019
Gross operating margin9900€269k€6k▼
Operating profit (loss)9901€267k€-302k▼
Recurring financial income75€75k-
Recurring financial charges65€105k€8k▼
Profit (loss) for the period before taxes9903€-3.48M€-324k▲
Profit (loss) for the period9904€-3.48M€-324k▲
Profit (loss) for the period to be appropriated9905€-3.48M€-324k▲
Timeline · acts, filings and financial milestones
2019
17-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · P.P.G.-GROUP BVBA HOSPI- TAALWEG 1 A, 8510 MARKE · event 10-10-2019
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2017
03-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-12
State Gazette act
General meeting · Director reappointment
Director resignation · Director appointment
27-12
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
26-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
08-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
10-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
27-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
30-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
20-07
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
20-07
State Gazette act
General meeting · Director resignation
Director appointment · Member admission
20-07
State Gazette act
General meeting · Corporate purpose
Statutes amendment · Director resignation
20-07
State Gazette act
General meeting · Corporate purpose
Director resignation · Permanent representative
12-07
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
SignalState Gazette actNBB filing
Directors · office · real estate
Directors
2 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
Registered office, Kortrijk · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hospitaalweg(Mar) 1A8510 KortrijkGround area
9,747 m²
Building footprint
6,061 m²
Volume, LiDAR
33,882 m³
Parcel 34026A0301/03V000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
P.P.G.-GROUP
since 19912.055.179.877
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0301/03V000 | Flanders | 9,747 m² | 1 · 6,061 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Peter SUSTRONCK Burg Nolfstraat 10, 8500 KORTRIJK- |
10-10-2019 → present |
Structure & network
Connections & network
11 connected companiesNetwork connections
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Show 7 more network connections
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Ownership & control
2 partiesP.P.G.-GROUPBE 0438.020.623
controls
Where this company holds controlthis company sits on their board2
Similar companies · same sector, comparable size
ENERSO HOLDING
BE 0501.733.389
Beernem · Eq €2.71M
JEMATON
BE 0568.515.812
Dessel · Eq €2.71M
M-Holding
BE 0665.641.417
Antwerpen · Eq €2.71M
Grando-Massin Holding
BE 0751.491.464
Nivelles · Eq €2.71M
TALMACO
BE 0418.604.290
Brussel · Eq €2.71M
Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 9,977 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-07-1989
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.