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PPL-Decosil

Active
Public limited companyfounded 2005active for 21 yearsOude Gentweg 39, 8820 Torhout, BelgiumKBO/BCE: BE 0871.957.150
Summary

PPL-Decosil has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €416,813 and a net result of €16,574. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 48% of 11,166 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Articles of association

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Na aanzuivering schulden,lasten,kosten of consignatie nodige gelden, wijze van vereffening” (deed in Dutch)
Other provisionsOther rules from the articles that fall under none of the themes above.
Other provision: “Binnen wettelijke grenzen, alle besluiten tot bevoegdheid algemene vergadering” (deed in Dutch)
Other provision: “Door vennootschap ter beschikking gesteld elektronisch communicatiemiddel, elektronische algemene vergadering” (deed in Dutch)
Other provision: “Stemrecht, onder voorbehoud wettelijke en statutaire bepalingen aandelen zonder stemrecht” (deed in Dutch)
Other provision: “Bestemming winst, herleeft indien aangesproken tot opnieuw een tiende” (deed in Dutch)
Other provision: “Bestemming actief, vruchtgebruiker” (deed in Dutch)
3 more provisions in the deed, see the deed of 05-03-2024

Read from the deeds: 9 provisions, deed of 05-03-2024