Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GPP from Poperinge, company number BE0477044614, closed financial year 2025 with a result of € 1,795 after tax. For that financial year GPP recorded a gross margin of € 77,457 and equity of € 71,213. Compared with financial year 2024, the result moved from € 1,125 to € 1,795. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 71,213
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,795
▲ 60% vs 2024
Profit after tax over the fiscal year.
€ 43,645
▲ € 40,375 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -84,987.
People and assets in 2025
€ 8,268
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,513
▼ 99% vs 2024
€ 2,835 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 369
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,639
▼ 73% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 69,390 | € 60,663 | € 67,714 | € 77,457 | ▲ 14% |
| Profit after taxes | € 2,019 | € 18,083 | € 1,125 | € 1,795 | ▲ 60% |
| Equity | € 50,209 | € 68,292 | € 69,417 | € 71,213 | ▲ 3% |
| Total debts | € 765,052 | € 675,380 | € 600,794 | € 650,805 | ▲ 8% |
| Cash | € 79,943 | € 33,647 | € 3,271 | € 43,645 | ▲ € 40,375 |
| Land & buildings | € 638,667 | € 604,728 | € 553,845 | € 512,759 | ▼ 7% |
| Retained profit | € -105,991 | € -87,908 | € -86,783 | € -84,987 | ▲ € 1,795 |
| Bank debt | € 444,549 | € 378,186 | € 302,687 | € 4,513 | ▼ 99% |
| Balance sheet total | € 815,261 | € 743,672 | € 670,211 | € 722,017 | ▲ 8% |
Key figures of GPP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to GPP?
What happened at GPP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,795 (▲ 60% vs 2024). Source: NBB ↗
- New establishment in Poperinge. KBO
- New establishment in Poperinge. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,019 profit in 2022 to € 1,795 profit in 2025.
Best year ever: 2023, with € 18,083 profit.
Management
Behind GPP is Antoine Adriaen. Antoine Adriaen is also behind De Kruysstraat.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Vlaanderenlaan 45
8970 Poperinge
Ieperseweg 25
8970 Poperinge
Active since 3 November 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.044.614
- VAT number
- BE 0477.044.614
- Registered office
- Vlaanderenlaan 45, 8970 Poperinge
- Names & denominations
- GPP · G.P.P.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2002
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Wassen en poetsen van motorvoertuigen
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)