CEDRIC POPA
ActiveCEDRIC POPA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €753k and a net result of €194k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 67% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+1
Solvency97▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 4.76 against 5.12 in 2024; short-term debt: 20.1% and cash: 8.8% of total assets), and 27.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.1%
Return on assets
18.6%
Age of the figures
17 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
192122232425
2019 to 2025 · latest year €753k
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 27-11-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
3 d early
2022
14 d late
2021
1 d early
2020
8 d late
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close16-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€753k▲ 7.8%
2024 · €699k
2019: €686k
2021: €685k
2022: €623k
2023: €660k
2024: €699k
2019 → 2025
Total assets
€1.04M▲ 8.3%
2024 · €964k
2019: €879k
2021: €1.00M
2022: €897k
2023: €902k
2024: €964k
2019 → 2025
Net result
€194k▲ 10.9%
2024 · €175k
2019: €136k
2021: €123k
2022: €105k
2023: €128k
2024: €175k
2019 → 2025
Working capital
€791k▲ 4.9%
2024 · €754k
2019: €755k
2021: €760k
2022: €697k
2023: €738k
2024: €754k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€685k-€623k▼ 9.0%€660k▲ 6.0%€699k▲ 5.9%€753k▲ 7.8%
Operating result€155k-€132k▼ 15.2%€165k▲ 25.1%€227k▲ 38.3%€252k▲ 10.7%
Net result€123k-€105k▼ 15.1%€128k▲ 22.0%€175k▲ 36.9%€194k▲ 10.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.04M
Fixed assets
€43k▲ 60.1%
Current assets
€1.00M▲ 6.9%
Equity and liabilities €1.04M
Equity
€753k▲ 7.8%
Provisions
€80k=
Debt
€211k▲ 14.1%
The debt ratio rises from 19.2% to 20.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€263k▲
2024 · €231k
Cash flow
€205k▲
2024 · €179k
Solvency
72.1%▼
2024 · 72.5%
Current ratio
4.76▼
2024 · 5.12
Quick ratio
4.76▼
2024 · 5.12
Debt / equity
0.28▲
2024 · 0.26
ROE
25.7%▲
2024 · 25.0%
ROA
18.6%▲
2024 · 18.1%
Interest coverage
128.01▼
2024 · 178.85
Debt
€211k▲
2024 · €185k
Debt ≤ 1 year
€210k▲
2024 · €183k
Income taxes
€85k▲
2024 · €78k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€964k€1.04M▲
Fixed assets21/28€27k€43k▲
Tangible fixed assets22/27€27k€43k▲
Furniture and vehicles24€14k€25k▲
Other tangible fixed assets26€13k€18k▲
Current assets29/58€937k€1.00M▲
Amounts receivable after more than one year29€736k€752k▲
Other amounts receivable291€736k€752k▲
Amounts receivable within one year40/41€161k€152k▼
Trade receivables40€0-
Other amounts receivable41€161k€152k▼
Cash at bank and in hand54/58€36k€92k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€964k€1.04M▲
Equity10/15€699k€753k▲
Contributions10/11€26k€26k=
Reserves13€673k€727k▲
Non-distributable reserves130/1€3k€0▼
Reserves not available under the articles1311€3k€0▼
Distributable reserves133€670k€727k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€80k€80k=
Provisions for liabilities and charges160/5€80k€80k=
Pensions and similar obligations160€80k€80k=
Amounts payable17/49€185k€211k▲
Amounts payable within one year42/48€183k€210k▲
Financial debts43-€17k
Credit institutions430/8-€17k
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€51k€48k▼
Taxes450/3€51k€48k▼
Other amounts payable47/48€129k€140k▲
Accrued charges and deferred income492/3€2k€600▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€11k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€233k€265k▲
Operating profit (loss)9901€227k€252k▲
Financial income75/76B€27k€29k▲
Recurring financial income75€27k€29k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€253k€279k▲
Income taxes67/77€78k€85k▲
Profit (loss) for the period9904€175k€194k▲
Profit (loss) for the period to be appropriated9905€175k€194k▲
Appropriation of the result
Profit (loss) to be appropriated9906€175k€194k▲
Transfer from equity791/2€136k€140k▲
Transfer to equity691/2€175k€194k▲
To other reserves6921€175k€194k▲
Profit to be distributed694/7€136k€140k▲
Return on contributions (dividend)694€136k€140k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-04
Financial
Highest result since 2019net €194k ▲10.9%
Operating result €252k, net result €194k, both a record.
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
30-04
Financial
Weakest financial yearnet €105k ▼15.1%
Net result drops to €105k, the lowest in the series; recovery starts the following year.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
08-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 8 days late
2019
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 115 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortenberg · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kruisstraat 1353078 KortenbergGround area
2,014 m²
Building footprint
385 m²
Volume, LiDAR
6,807 m³
2 parcels, Brussels, Flanders · tallest building 26.2 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
CEDRIC POPA
since 20082.171.970.154
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0095/00M009 | Brussels | 1,014 m² | 1 · 258 m² | 26.2 m · 8 fl. |
| 24026D0033/00V000 | Flanders | 999 m² | 1 · 127 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IQUINO
BE 0847.713.880
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MALEX
BE 0474.587.148
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E.A.P.
BE 0436.805.054
Zele · Eq €753k
STRAIGHT FORWARD
BE 0835.574.430
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THENOM
BE 0893.456.706
Brussel · Eq €754k
Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 30,837 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2008
Fiscal year end30-04
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.