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PPV

Active Private limited companyfounded 2005active for 21 yearsSint-Jorisstraat 28, 1050 IxellesKBO/BCE: BE 0872.014.261
PPV
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Overview

Lifetime

20 annual accounts with figures on one time axis, 21 filings since 2005
peak €41,921 (2012)
-€1,101▼ €2,832
lowest -€17,617 (2009)
-€1,634▼ €2,705
peak €16,319 (2024)
€14,685▼ 10.0%
€241▼ 48.8%
peak 1 FTE (2009)
-not published
Board1 name since 2020
1 director
Owners
  
Documentsfilings and deeds
03-09-202634 days late
2025micro format
Turnover from €4,728 to €3,000Gross margin from €1,731 to -€1,101Loss of €1,634Debts from €471 to €241

Key points

from the 2025 annual accounts

Payment terms

331 days from customers
Customers
140 to 331

Customers pay 191 days later.

Liquidity

61.93 was 35.65 in 2024

Short-term debts fell from €471 to €241.

Filings

21 annual accounts since 2005
AprilJune31 JulyOctober20052010201520202025

Five of the last ten came late. The 2019 accounts came latest: 119 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,831 companies had the same profile as PPV has now. Each dot stands for 15 companies, two years later.

84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,831 companies, not a prediction for PPV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager, since 20-06-2020
  • 100%annual accounts 2017
Board & ownership

Recent changes

Left the Peppol Directory
First establishment Sint-Jorisstraat 28, Ixelles
Company renamed from CORNEEL VERMEERSCH to PVV Appointment: (manager) · Registered office clause: Sint-Jorisstraat 28, 1050 Elsene · General meeting of 04-11-2020 · Gazette deed
Incorporation published on 03-03-2005 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
PPV Ixelles €14,926 -€1,101 98.4% -
JAZURA Brussels €16,904 -€1,642 -58.5% -
EURO TASC CONSULTING Auderghem €12,823 -€8,093 -51.5% -
ADV CONSULT Uccle €13,039 -€9,654 -75.1% -
inteliTRUST Brussels €15,959 -€10,354 85.3% -
Proactis Brussels €17,758 -€47,737 -39607.5% 1
T.K.BATI Woluwe-Saint-Pierre €14,941 €300 25.9% -

These companies have the same main activity as PPV: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €12,800 and €17,800, founded between 2003 and 2008.

Official details

Source: KBO
Status
Active since 21-02-2005Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.326.529.8551050 Ixelles, since 21-01-2022
Financial year end
31 December
Peppol
Left the register on 11-11-2026
Company details

Annual accounts 2025

€3,000▼ 36.5%
€1,634
€14,685▼ 10.0%
€14,926▼ 11.1%
Filing
Filed on 03-09-2026
Financials

Insights on PPV

PPV files the micro format. That format states no turnover. The gross margin fell from €32,804 in 2006 to -€1,101 in 2025.

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

Financials

Annual accounts 2025

micro format, filed on 03-09-2026, 34 days late
€3,000
▼ 36.5%
-€1,501
▼ €2,845
-
-
98.4%
▲ 1.2 percentage points
61.93
▲ 26.29

Money flows

of every €100 of turnover, €54.47 was lost in 2025

Balance sheet

balance sheet total €14,926 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

98.4%

Higher than 95% of 39,376 companies in 2025.

61.93

Higher than 95% of 38,058 companies in 2025.

-10.9%

Higher than 9% of 38,530 companies in 2025.

PPV Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

Blue and white collar

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 14,92616,79015,24816,09926,72713,42821,45316,28922,70959,81557,89538,17232,45153,16965,40569,95787,301119,821140,012150,004
20 -----------------4488961,344
21/28 ------4,3736,7508,55111,16113,9361,77413,17027,22642,11661,53680,466107,339133,093138,353
21 --------0---10,00020,00030,00040,00050,00060,00070,00080,000
22/27 ------4,3736,7508,55111,16113,9361,7743,1707,22612,11621,53630,46643,84159,14753,959
23 ------4,3736,7508,55111,16113,9361,7748151,0222,0626,78811,02426,37833,34032,030
24 ------------2,3556,20410,05414,74819,44217,46325,80721,929
28 -----------------3,0503,0503,050
29/58 14,92616,79015,24816,09926,72713,42817,0809,53914,15848,65443,95936,39819,28125,94323,2898,4216,83512,4826,91911,651
40/41 2,7231,81526815614,6311212,4624,6464,6342,3602,00029,51311,90018,20115,3713,5102,2315,0005,002-
40 2,7231,815-15614,600-10,450--360-27,5139,90011,18413,3711,510231---
41 --268-31122,0124,6464,6342,0002,0002,0002,0007,0172,0002,0002,0005,0005,002-
50/53 ---2,0002,0002,0003,0503,0503,0503,0503,0503,0503,0503,0503,0503,0503,050---
54/58 12,20314,97514,98013,94310,09611,4161,5201,8436,36342,84837,6383,0242,4111,8704,0051,1048246,1961,91611,651
490/1 ------48-1113961,2718111,9202,8228637577301,286--
Balance sheet: equity and liabilities
10/49 14,92616,79015,24816,09926,72713,42821,45316,28922,70959,81557,89538,17232,45153,16965,40569,95787,301119,821140,012150,004
10/15 14,68516,31915,24815,84114,8601,9349,1414,72714,48711,2694,614-4,076-6,666-12,211-27,159-35,313-30,521-12,904-5,8363,331
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
14 -3,915-2,281-3,352-2,759-3,740-16,666-9,459-13,873-4,113-7,331-13,986-22,676-25,266-30,811-45,759-53,913-49,121-31,504-24,436-15,269
16 -----------449--------
160/5 -----------449--------
17/49 241471-25811,86711,49412,31211,5628,22248,54653,28141,79939,11765,38092,564105,270117,822132,724145,848146,673
17 ---------2,3856,416-6,55019,65032,75050,85068,95089,55092,650110,750
170/4 ---------2,3856,416-6,55019,65032,75050,85068,95089,55092,650110,750
42/48 241471-25811,86711,49412,31211,5628,22246,16146,86541,79932,56745,73022,78654,42048,87243,17553,19835,923
42 --------2,3854,0313,9576,55013,10013,10018,10018,10020,60023,10030,60018,100
44 ----78078064-2323103657,2821,0291,6644,4139202,9041,45611,0222,533
440/4 ----78078064-2323103657,2821,0291,6644,4139202,9041,45611,0222,533
45 241471-253109----1,5942,8082,839517----2,3727,116-
450/3 241471-253109----1,5942,8081,900422-------
454/9 -----------93995----2,3727,116-
47/48 ---510,97810,71412,24811,5625,60540,22639,73525,12817,92130,96627335,40025,36816,2474,46115,290
492/3 --------------37,028-----
Income statement
70 3,0004,7282,2505,25014,600-10,9195,81720,54734,96383,84997,935108,679122,286136,690131,055139,276---
76A --------121605----------
9900 -1,1011,731-801,69913,601-1,7747,898-5,7728,12212,87132,99727,89232,10241,92140,26328,83927,25729,63326,48732,804
60/61 4,3292,9972,3303,551999-3,02111,58912,54622,09250,85270,04376,57780,36596,427102,216112,019---
62 ----------2726,5586,8326,4296,6586,9416,7502892873,396
630 ------2,3772,7122,6102,7752,77613,06914,22915,71919,42019,82731,29530,18929,37924,555
640/8 4003873853484908869361,1411,0067317,5783,3094,0752,5213,0633,2812,7501,0981,0222,050
66A -----4,373----9,940-------50-
9901 -1,5011,344-4651,35113,111-7,0334,585-9,6254,5069,36522,3714,9566,96617,25211,122-1,210-13,538-1,942-4,2012,803
75/76B 1381180--408082683228013210210221520
75 1381180--408082683228013210210221520
65/66B 1341331291271321741711752583304507921,4232,3843,1003,6844,1815,1244,9315,444
65 1341331291271321741711752583304507921,4232,3843,1003,6844,1815,1244,9315,444
9903 -1,6341,249-5931,22513,059-7,2074,414-9,7604,3289,11712,0494,1965,54514,9488,154-4,792-17,617-7,065-9,167-2,620
67/77 -178-244133---1,1102,4623,3591,606-----3--
9904 -1,6341,071-59398112,926-7,2074,414-9,7603,2186,6558,6902,5905,54514,9488,154-4,792-17,617-7,068-9,167-2,620
9905 -1,6341,071-59398112,926-7,2074,414-9,7603,2186,6558,6902,5905,54514,9488,154-4,792-17,617-7,068-9,167-2,620
Appropriation of the result
9906 -3,915-2,281-3,352-2,759-3,740-16,666-9,459-13,873-4,113-7,331-13,986-22,676-25,266-30,811-45,759-53,913-49,121-31,504-24,436-15,269
14P -2,281-3,352-2,759-3,740-16,666---------------
Social balance sheet
9087 ----------0.1111111--0.2
Hours worked1013 ----------14288316308332348360--340
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for financial year 2005 were filed as a document without figures as data, a scan for example.

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 03-09-2026.

Download as CSV

Filings

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

2025 annual accounts filed 34 days after the deadline. Filed on 3 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00498402.

Financial year Type Filed Reference Document
31-12-2025 micro format 03-09-2026 2026-00498402 PDF
31-12-2024 micro format 23-07-2025 2025-00305311 PDF
31-12-2023 micro format 21-06-2024 2024-00149593 PDF
31-12-2022 micro format 20-06-2023 2023-00144558 PDF
31-12-2021 micro format 29-09-2022 2022-20440335 PDF
31-12-2020 micro format 31-08-2021 2021-62500135 PDF
31-12-2019 micro format 27-11-2020 2020-72300528 PDF
31-12-2018 micro format 30-09-2019 2019-67500554 PDF
31-12-2017 micro format 29-06-2018 2018-26200473 PDF
31-12-2016 micro format 30-07-2017 2017-39200461 PDF
31-12-2015 abbreviated format 31-08-2016 2016-53300392 PDF
31-12-2014 abbreviated format 04-07-2015 2015-27500443 PDF
31-12-2013 abbreviated format 30-09-2014 2014-62200361 PDF
31-12-2012 abbreviated format 31-07-2013 2013-38700225 PDF
31-12-2011 abbreviated format 28-09-2012 2012-59200050 PDF
31-12-2010 abbreviated format 22-06-2011 2011-20200208 PDF
31-12-2009 abbreviated format 30-06-2010 2010-24700119 PDF
31-12-2008 abbreviated format 23-07-2009 2009-46200399 PDF
31-12-2007 abbreviated format 25-07-2008 2008-46300061 PDF
31-12-2006 abbreviated format 07-04-2008 2008-09800387 PDF
31-12-2005 abbreviated format 12-07-2006 2006-45604692 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
------6,962-6,9137,11612,14025,14718,02521,19532,97130,54218,61717,75728,24625,17827,358
------6,791-7,0485,8289,43011,46615,65919,77430,66727,57415,03513,67823,12120,21221,934
------09110026,5001,67317382908977,4728,43424,1195,121
-2,772-51,0373,847-1,3209,896-323-4,520-36,4855,21034,614613541-2,1352,901280-5,3724,280-9,735-
14,68516,319-15,84114,8601,9344,768-2,0235,9362,493-2,906-5,401-13,286-19,787503-45,999-42,037-30,693-46,280-24,273
-50.0%28.4%-20.7%25.7%89.8%-42.0%-21.9%26.8%26.7%5.1%6.4%14.1%8.1%-0.9%-9.7%---
98.4%97.2%100.0%98.4%55.6%14.4%42.6%29.0%63.8%18.8%8.0%-10.7%-20.5%-23.0%-41.5%-50.5%-35.0%-10.8%-4.2%2.2%
61.9335.65-62.402.251.171.390.831.721.050.940.870.590.571.020.150.140.290.130.32
0.020.03-0.020.805.941.352.450.574.3111.55--------44.04
-11.1%6.6%-3.9%6.2%87.0%-372.6%48.3%-206.5%22.2%59.1%188.3%---------78.7%
-10.9%6.4%-3.9%6.1%48.4%-53.7%20.6%-59.9%14.2%11.1%15.0%6.8%17.1%28.1%12.5%-6.8%-20.2%-5.9%-6.5%-1.7%
331 days140 days43 days11 days365 days-349 days292 days82 days4 days9 days103 days33 days33 days36 days4 days1 day---
----285 days-8 days-7 days5 days3 days38 days5 days8 days17 days3 days9 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 PPV

The operating result for 2025 is a loss of €1,501, after a profit of €1,344 in 2024. It is the lowest result since 2020.

Debt's share of the balance-sheet total falls from 2.8% to 1.6%. Equity and debt are lower.

Board & ownership

Board

1 director, last change in 2020
Manager
since 20-06-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 03-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 12 - Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 17-11-2020

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Manager
Board
Mandates as a list
    • Manager, from 20-06-2020 to date

See the board, name and registered office on a given date →

Control

Shareholder
186 voting rights
Source: own accounts 2017
100%
This company
PPV
Equity €14,685
Loss €1,634 in 2025

Capital

Contribution
€18,600
Source
deed of 17-11-2020

Owners through the years

as the annual accounts name them
100%
100%
Owners as a list

Source: shareholder structure in its own accounts

Articles of association

deed of 17-11-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 11:00

Network & group

No group

PPV has no parent and no holdings in its annual accounts. is the only director.

At the same address

Sint-Jorisstraat 28, 1050 Ixelles · 2 other companies
SISCOR
registered office since 08-12-1993 · founded in 1991
 total assets €1.9m (2025)
0444.621.274
ALAN
registered office since 06-08-1990 · founded in 1990
 total assets €996,756 (2025)
0441.050.882

Connections & network

1 current director
Depth

The network starts from the directors of PPV. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

33 events since 2005

Deadline for the 2026 accounts: 31-07-2027

2026
Left the Peppol Directory
Annual accounts 2025 filed NBBmicro format · 34 days late
2025
Annual accounts 2024 filed PDFmicro format · 8 days before the deadline
2024
Back to profit net €1,071 The net result is €1,071, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 40 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 41 days before the deadline
2022
Liquidity more than 27 times current ratio 62.40 The current ratio rises from 2.25 to 62.40. Short-term debt falls from €11,867 to €258.
Annual accounts 2021 filed PDFmicro format · 60 days late
First establishment Sint-Jorisstraat 28, Ixelles
2021
Back to profit net €12,926 The net result is €12,926, after one loss-making year.
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Annual accounts 2019 filed PDFmicro format · 119 days late
Company renamed from CORNEEL VERMEERSCH to PVVAppointment: (manager) · Registered office clause: Sint-Jorisstraat 28, 1050 Elsene · General meeting of 04-11-20206 points ▸
  • General meeting, 04-11-2020
  • Director appointment, (manager)
  • Name change, PVV
  • 186 shares
  • Director appointment, (director (not named in the articles))
  • Registered office clause, Sint-Jorisstraat 28, 1050 Elsene
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

2019
Back to profit net €4,414 The net result is €4,414, after one loss-making year.
Annual accounts 2018 filed PDFmicro format · 61 days late
2018
Annual accounts 2017 filed PDFmicro format · 32 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 1 day before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 27 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 61 days late
2013
Annual accounts 2012 filed PDFabbreviated format · on the deadline day
2012
Highest result from 2006 to 2025 net €14,948 ▲83.3% The net result of €14,948 is the highest of those years.
Annual accounts 2011 filed PDFabbreviated format · 59 days late
2011
Back to profit net €8,154 The net result is €8,154, after 5 loss-making years.
Liquidity more than 6 times current ratio 1.02 The current ratio rises from 0.15 to 1.02. Short-term debt falls from €54,420 to €22,786.
Annual accounts 2010 filed PDFabbreviated format · 39 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 31 days before the deadline
2009
Weakest financial year net -€17,617 The net result drops to -€17,617, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2008 filed PDFabbreviated format · 8 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 6 days before the deadline
Annual accounts 2006 filed PDFabbreviated format · 251 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Incorporation PDFpublished on 03-03-2005

Financial milestones sit on the financial year-end date, not the filing date.

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

History

PPV was incorporated on 21 February 2005.1 The name was changed to PVV in 2020.2 Turnover fell from €5,817 in 2018 to €3,000 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-11-2020
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0872.014.261
VAT number
BE 0872.014.261
Legal form
Private limited company
Status
Active, normal situation
Founded
21-02-2005
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 11:00
deed of 17-11-2020 (in Dutch)
Peppol
Left the Peppol register
Name
PPV in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-11-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Brussels Hoofdstedelijke Gewest”
deed of 17-11-2020 (in Dutch)

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
Codes under NACEBEL 2008
70220 Business consulting main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Klein-en groothandel,in binnen-en buitenland,voor aan-en verkoop,opslag(her)verpakking en waarde toevoegen aan alle soorten goederen; Het…”
12 activities
  1. Klein-en groothandel,in binnen-en buitenland,voor aan-en verkoop,opslag(her)verpakking en waarde toevoegen aan alle soorten goederen;
  2. Het bestuur waarnemen van vennootschappen.Het deelnemen in vennootschappen en het verwerven van participaties in vennootschappen.
  3. Managementsactiviteiten in de meest ruime zin.
  4. Het aanleggen,uitbouwen en oordeelkundig beheren van onroerend en roerend vermogen onder welke vorm ook.
  5. Het waarnemen van bestuursmandaten in vennootschappen in de meest ruime zin.De activiteiten van zelfstandig directeur in vennootschappen,verenigingen en ondernemingen in de meest ruime zin.
  6. De aan-en verkoop van onroerende goederen.
  7. Activiteiten van bouwpromotie.
  8. Het beheer van onroerende goederen.
  9. Het geven van bedrijfsadvies.
  10. Consultancy-activiteiten.
  11. Activiteiten van holding.
  12. Het verstrekken van technische,administratieve,financiële,juridische en commerciële bijstand en adviezen in de meest ruime zin.
deed of 17-11-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Sint-Jorisstraat 28 registered office 1050 Ixelles 21-01-2022 2.326.529.855

Buildings and parcels at the address

Ground area
326 m²
Buildings
114 m²
Volume, LiDAR
1,533 m³
Tallest building
18.2 m
Buildings to scale, each on its own parcel
114 m², 18.2 m 114 m², 18.2 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21447B0135/00Z010326 m² 1 · 114 m² 18.2 m · 5

Invoicing and payment

E-invoicing via Peppol

The company left the Peppol register on 11 November 2026.

Invoicing without a Peppol listing

Ask the customer which channel they now receive invoices on.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

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Register as of 11 November 2026 · Peppol Directory

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