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PPPROGRAM

Absorbed by TIBIBIO KBO/BCE: BE 0544.400.820
PPPROGRAM
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Overview

Lifetime

6 annual accounts with figures on one time axis
peak -€489 (2017)
-€757▲ €520
lowest -€12,292 (2015)
-€1,482▲ €398
peak €55,330 (2016)
€48,516▼ 3.0%
€20,507▼ 53.2%
Documentsfilings and deeds
27-08-202127 days late
2020micro format
Gross margin from -€1,277 to -€757Loss of €1,482Debts from €43,816 to €20,507Cash from €1,477 to €411

Key points

from the 2020 annual accounts, the last ones filed

Losses

-€24,484 in six years
-12,2922015-5,3782016-1,5812017-1,8702018-1,8802019-1,4822020

Every financial year from 2015 to 2020 closed with a loss. 2015 was the heaviest.

Liquidity

0.12 was 0.62 in 2019

Short-term debts fell from €43,816 to €20,507.

Filings

6 annual accounts 5 late
AprilJune31 JulyOctober201620182020

The 2020 accounts came latest: 27 days after the end of the period.

No scoreTurnover not published (micro format)

Recent changes

Merger: absorbed by TIBIBIO General meeting of 06-07-2021 · Gazette deed
Merger proposal: to be absorbed by Tibibio Board meeting of 01-02-2021 · Gazette deed
Incorporation 5 publications in the Belgian Official Gazette, the last on 30-07-2021 · Gazette deed
All 9 events

Official details

Source: KBO
Status
Absorbed by TIBIBIOmerger by absorption, July 2021
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

-€757▲ 40.7%
€1,482▼ 21.2%
€48,516▼ 3.0%
€69,024▼ 26.4%
Filing
Filed on 27-08-2021
Financials

Insights on PPPROGRAM

Absorbed by TIBIBIO in July 2021. The last annual accounts are for financial year 2020. The company was dissolved without liquidation.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

micro format, filed on 27-08-2021, 27 days late
-€757
▲ €520
-€1,441
▲ €404
-€1,482
▲ €398
-€17,994
▼ €1,482
70.3%
▲ 17.0 percentage points
0.12
▼ 0.50

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €69,024 on 31-12-2020
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202020192018201720162015
Balance sheet: assets
20/58 69,02493,81594,35494,80197,23346,987
21/28 66,51066,51066,51066,51083,92846,950
21 66,51066,51066,51066,51083,92846,950
29/58 2,51427,30527,84328,29113,30637
40/41 2,10325,82827,63928,1869,5136
41 2,10325,82827,63928,1869,5136
54/58 4111,4772051043,79331
Balance sheet: equity and liabilities
10/49 69,02493,81594,35494,80197,23346,987
10/15 48,51649,99851,87953,74955,33020,708
10/11 73,00073,00073,00073,00073,00033,000
100 -73,00073,00073,00073,00033,000
14 -24,484-23,002-21,121-19,251-17,670-12,292
17/49 20,50743,81642,47541,05241,90326,279
42/48 20,50743,81642,47541,05241,90326,279
44 3,7322,6411,299-1,131-
440/4 3,7322,6411,299-1,131-
45 -----507
450/3 -----507
47/48 16,77641,17641,17641,05240,77225,772
Income statement
9900 -757-1,277-1,269-489-4,640-10,952
60/61 -1,277----
640/8 6845675658036921,251
9901 -1,441-1,844-1,834-1,292-5,332-12,203
75/76B -----7
75 -----7
65/66B 4136362894594
65 4136362894594
9903 -1,482-1,880-1,870-1,581-5,378-12,291
67/77 -----2
9904 -1,482-1,880-1,870-1,581-5,378-12,292
9905 -1,482-1,880-1,870-1,581-5,378-12,292
Appropriation of the result
9906 -24,484-23,002-21,121-19,251-17,670-12,292
Document PDFPDFPDFPDFPDFPDF

Source: Annual accounts 2020 (PDF), filed on 27-08-2021.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2020 annual accounts filed 27 days after the deadline. Filed on 27 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-55500134.

Financial year Type Filed Reference Document
31-12-2020 micro format 27-08-2021 2021-55500134 PDF
31-12-2019 micro format 02-07-2020 2020-25000244 PDF
31-12-2018 micro format 23-08-2019 2019-49600206 PDF
31-12-2017 micro format 24-08-2018 2018-49400304 PDF
31-12-2016 micro format 24-08-2017 2017-47600031 PDF
31-12-2015 abbreviated format 26-08-2016 2016-48800170 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202020192018201720162015
----36,97846,950
-1,0661,272100-3,6883,762-
-17,994-16,512-14,632-12,761-28,598-26,242
70.3%53.3%55.0%56.7%56.9%44.1%
0.120.620.660.690.320.00
0.420.880.820.760.761.27
-3.1%-3.8%-3.6%-2.9%-9.7%-59.4%
-2.1%-2.0%-2.0%-1.7%-5.5%-26.2%
-755 days----

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on PPPROGRAM

The operating result for 2020 is a loss of €1,441, smaller than the loss of €1,844 in 2019.

Debt's share of the balance-sheet total falls from 46.7% to 29.7%. Equity and debt are lower.

Board & ownership

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€33,000
Shares
330
Contribution per share
€100
Equity per share
€147 in 2020
Source
deed of 25-02-2021

Articles of association

deed of 25-02-2021 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June

Office holders in the KBO →

Network & group

No group

PPPROGRAM has no parent and no holdings in its annual accounts.

Acquisitions and mergers

1 transaction
Taken over by:TIBIBIO
BE 0823.252.262Gazette deed of 30-07-2021 (2 deeds)

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

9 events since 2014
2021
Annual accounts 2020 filed PDFmicro format · 27 days late
Merger: absorbed by TIBIBIOGeneral meeting of 06-07-20212 points ▸
  • General meeting, 06-07-2021
  • Power of attorney, Verbeure
  • The deed holds 9 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: to be absorbed by TibibioBoard meeting of 01-02-202110 points ▸
  • Capital, €18,550, 100 shares
  • Board composition, Verbeure Hendrik (director), mentioned twice in the deed
  • Board composition, Vanfleteren Carine (director)
  • Capital, €33,000, 330 shares
  • Accounting effect, 01-01-2021
  • Incorporation, 08-02-2010
  • Incorporation, 07-01-2014
  • Board meeting, 01-02-2021
  • Power of attorney, Vanfleteren Carine (director)
  • Power of attorney, Verbeure Hendrik (director)
  • The deed holds 19 more points.

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFmicro format · 29 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 23 days late
2018
Annual accounts 2017 filed PDFmicro format · 24 days late
2017
Annual accounts 2016 filed PDFmicro format · 24 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 26 days late
2014
Incorporation PDF5 publications in the Belgian Official Gazette, the last on 30-07-2021

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

PPPROGRAM has filed 6 sets of annual accounts, the latest for financial year 2020.1 In 2021 the company was absorbed by merger into TIBIBIO.2

  1. 1National Bank, annual accounts 2020
  2. 2Belgian Official Gazette, 30-07-2021

Company details

Financial year and meetings according to the articles of association

Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June

Articles of association, deed of 25-02-2021 (in Dutch)

Inactive

Absorbed by TIBIBIO in July 2021

PPPROGRAM is no longer in the KBO register. TIBIBIO took it over in a merger by absorption, published in the Belgian Official Gazette on 30 July 2021.

Status
Inactive
Reason
Merger by absorptionBelgian Official Gazette, 30 July 2021 · deed
Absorbed by
TIBIBIO · 0823.252.262
Last annual accounts
financial year to 31 December 2020
Last registered office
Volderstraat 51, 8720 Dentergemas published on 30 July 2021
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2015
Official KBO record

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