What is the address of PP Construction?

The registered office of PP Construction is located at Hutsepotstraat 180, 9052 Gent.

Is PP Construction still active?

No. The CBE lists PP Construction with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is PP Construction registered on Peppol?

No, PP Construction is currently not registered on the Peppol network.

What is the enterprise number of PP Construction?

The enterprise number of PP Construction is BE0751884018.

When was PP Construction founded?

PP Construction was founded on 7 August 2020.

Who are the directors of PP Construction?

According to the 2021 annual accounts, the directors of PP Construction are: Massimo PAROLIN.

Is PP Construction a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 7 August 2020; 1 annual account filed (fiscal year 2021); 1 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did PP Construction make in 2021?

PP Construction posted a profit after taxes of € 49,164 in financial year 2021.

What is the revenue of PP Construction?

As a small company, PP Construction is not required to publish revenue in its annual accounts. In financial year 2021, its added value was € 254,009.

PP Construction (Private Limited) - Gent - BE0751884018

Dossier PP Construction, printed on 3 November 2026 from databakkes.be/en/0751884018/pp-construction. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2021

PP Construction from Gent, company number BE0751884018, closed financial year 2021 with a result of € 49,164 after tax. For that financial year PP Construction recorded a gross margin of € 254,009 and equity of € 23,164. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 29, 2022.

What it is worth Healthy

€ 23,164

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 49,164

Profit after tax over the fiscal year.

Cash in the bank

€ 46,499

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 36,000 paid out

73 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2021

Wage cost

€ 141,427

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2,111

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 22,431

€ 7,927 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 10,938

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 29,583

Taxes, VAT and social contributions still to pay.

What happened to PP Construction?

What happened at PP Construction in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

PP Construction is active according to the CBE. Legal situation: Opening faillissement.

Dec 29, 2022 New annual accounts for financial year 2021: profit of € 49,164. filed late Source: NBB ↗
Aug 11, 2020 Incorporation, published in the Gazette. Source: Staatsblad ↗
Aug 7, 2020 New establishment in Gent. KBO
2020 Massimo PAROLIN became a director. NBB

In short

Paid € 17,397 in corporate taxes since 2021.

Paid out € 36,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Massimo PAROLIN

PP Construction

Behind PP Construction is Massimo PAROLIN.

Directors

According to the 2021 annual accounts

Massimo PAROLIN

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Hutsepotstraat 180

9052 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

IB BETON

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

11 August 2020 Source: Deed ↗

PAROLIN Massimo(oprichter) 50%
PALAZZO Leonardo(oprichter) 40%
De Naeyer Christophe Lucienne Marcel(oprichter) 10%

Details

Company number: 0751.884.018
VAT number: BE 0751.884.018
Registered office: Hutsepotstraat 180, 9052 Gent
Names & denominations: PP Construction
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Opening faillissement
Start date: 7 August 2020
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗