PO²
ActiveSummary
PO² has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.1m and a net result of €97,548. Equity is growing by ~18.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability48▼-27
Solvency74▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.33 in 2023; short-term debt: 25.1% and cash: 3.3% of total assets), and 50.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.3%
Return on assets
4.4%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
38 d early
2023
27 d early
2022
5 d early
2021
16 d early
2020
22 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema
In the rankings
#4 company by total assets in Paliseul, Wholesale and retail trade sector#4 company by equity in Paliseul, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€97,548▼ 10.9%
2023 · €109,540
Working capital
-€443,978▼ 4.0%
2023 · -€426,809
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€110,745▼ 18.6%€135,317▲ 22.2%€136,456▲ 0.8%€118,992▼ 12.8%€133,296▲ 12.0%
Net result€78,618within the sector's middle half▼ 41.7%€122,638within the sector's middle half▲ 56.0%€176,725above the sector's middle half▲ 44.1%€109,540within the sector's middle half▼ 38.0%€97,548within the sector's middle half▼ 10.9%
Equity€599,619within the sector's middle half▲ 15.1%€722,256above the sector's middle half▲ 20.5%€898,181above the sector's middle half▲ 24.4%€1.0mabove the sector's middle half▲ 12.1%€1.1mabove the sector's middle half▲ 9.7%
Total assets€2.2mabove the sector's middle half▼ 1.5%€2.2mabove the sector's middle half▼ 0.5%€2.3mabove the sector's middle half▲ 5.6%€2.3mabove the sector's middle half▼ 0.1%€2.2mwithin the sector's middle half▼ 3.9%
Debt€1.6m▼ 6.4%€1.5m▼ 8.2%€1.4m▼ 3.5%€1.3m▼ 7.8%€1.1m▼ 14.2%
Working capital-€520,151below the sector's middle half▼ 5.4%-€502,205below the sector's middle half▲ 3.5%-€432,553below the sector's middle half▲ 13.9%-€426,809below the sector's middle half▲ 1.3%-€443,978below the sector's middle half▼ 4.0%
Solvency27.0%within the sector's middle half▲ 3.9pp32.7%within the sector's middle half▲ 5.7pp38.5%within the sector's middle half▲ 5.8pp43.2%within the sector's middle half▲ 4.7pp49.3%within the sector's middle half▲ 6.1pp
Current ratio0.13below the sector's middle half▼ 0.040.14below the sector's middle half=0.33below the sector's middle half▲ 0.190.33below the sector's middle half▲ 0.010.21below the sector's middle half▼ 0.12
Return on assets (ROA)3.5%within the sector's middle half▼ 2.4pp5.5%within the sector's middle half▲ 2.0pp7.6%within the sector's middle half▲ 2.0pp4.7%within the sector's middle half▼ 2.9pp4.4%within the sector's middle half▼ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 12% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.2m
Fixed assets
€2.1m ▲ 0.3%
Current assets
€118,399 ▼ 44.8%
Equity and liabilities €2.2m
Equity
€1.1m ▲ 9.7%
Debt
€1.1m ▼ 14.2%
Debt's share of the balance-sheet total falls from 56.8% to 50.7%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
1.03▼
2023 · 1.31
ROE
8.8%▼
2023 · 10.9%
Debt ≤ 1 year
€562,377▼
2023 · €641,416
Debt > 1 year
€572,613▼
2023 · €681,406
Income taxes
€27,107▼
2023 · €34,900
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,747 | €8,046 | €8,046 | €7,921 | - | - |
| Other operating charges640/8 | - | €687 | €849 | €1,279 | €503 | ▼ 60.7% |
| Non-recurring operating charges66A | - | - | - | €186 | - | - |
| Gross operating margin9900 | €119,030 | €144,050 | €145,352 | €128,378 | €133,799 | ▲ 4.2% |
| Operating profit (loss)9901 | €110,745 | €135,317 | €136,456 | €118,992 | €133,296 | ▲ 12.0% |
| Financial income75/76B | - | €28,710 | €89,101 | €34,696 | - | - |
| Recurring financial income75 | €9,946 | €28,710 | €89,101 | €34,696 | - | - |
| Financial charges65/66B | - | €14,912 | €10,826 | €9,248 | €8,641 | ▼ 6.6% |
| Recurring financial charges65 | €17,458 | €14,912 | €10,826 | €9,248 | €8,641 | ▼ 6.6% |
| Profit (loss) for the period before taxes9903 | €103,233 | €149,114 | €214,731 | €144,441 | €124,655 | ▼ 13.7% |
| Income taxes67/77 | €24,615 | €26,477 | €38,006 | €34,900 | €27,107 | ▼ 22.3% |
| Profit (loss) for the period9904 | €78,618 | €122,638 | €176,725 | €109,540 | €97,548 | ▼ 10.9% |
| Profit (loss) for the period to be appropriated9905 | €78,618 | €122,638 | €176,725 | €109,540 | €97,548 | ▼ 10.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.2m | €2.3m | €2.3m | €2.2m | ▼ 3.9% |
| Fixed assets21/28 | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | ▲ 0.3% |
| Tangible fixed assets22/27 | €24,013 | €15,967 | €7,921 | €472 | €472 | = |
| Furniture and vehicles24 | - | €15,967 | €7,921 | - | - | - |
| Assets under construction and advance payments27 | - | - | - | €472 | €472 | = |
| Financial fixed assets28 | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | ▲ 0.3% |
| Current assets29/58 | €80,725 | €78,703 | €210,066 | €214,607 | €118,399 | ▼ 44.8% |
| Amounts receivable within one year40/41 | €1,379 | €20,883 | €21,320 | €25,410 | €42,649 | ▲ 67.8% |
| Trade receivables40 | - | €18,860 | €19,296 | €25,410 | €36,454 | ▲ 43.5% |
| Other amounts receivable41 | - | €2,023 | €2,023 | - | €6,195 | - |
| Cash at bank and in hand54/58 | €57,357 | €45,764 | €171,918 | €177,320 | €73,481 | ▼ 58.6% |
| Deferred charges and accrued income490/1 | - | €12,055 | €16,828 | €11,877 | €2,269 | ▼ 80.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.2m | €2.3m | €2.3m | €2.2m | ▼ 3.9% |
| Equity10/15 | €599,619 | €722,256 | €898,181 | €1.0m | €1.1m | ▲ 9.7% |
| Contributions10/11 | - | €48,600 | €48,600 | €48,600 | €48,600 | = |
| Reserves13 | €54,860 | €54,860 | €154,860 | €262,860 | €262,860 | = |
| Non-distributable reserves130/1 | - | €4,860 | €4,860 | €4,860 | - | - |
| Reserves not available under the articles1311 | - | €4,860 | €4,860 | €4,860 | - | - |
| Distributable reserves133 | - | €50,000 | €150,000 | €258,000 | €262,860 | ▲ 1.9% |
| Profit (loss) carried forward14 | €496,159 | €618,796 | €694,721 | €695,429 | €792,977 | ▲ 14.0% |
| Amounts payable17/49 | €1.6m | €1.5m | €1.4m | €1.3m | €1.1m | ▼ 14.2% |
| Amounts payable after more than one year17 | €1.0m | €905,255 | €791,914 | €681,406 | €572,613 | ▼ 16.0% |
| Financial debts170/4 | - | €905,255 | €791,914 | €681,406 | €572,613 | ▼ 16.0% |
| Amounts payable within one year42/48 | €600,876 | €580,908 | €642,620 | €641,416 | €562,377 | ▼ 12.3% |
| Current portion of amounts payable after more than one year42 | - | €112,671 | €113,724 | €110,922 | €109,236 | ▼ 1.5% |
| Trade debts44 | €11,268 | €2,527 | €4,952 | €13,364 | €5,564 | ▼ 58.4% |
| Suppliers440/4 | - | €2,527 | €4,952 | €13,364 | €5,564 | ▼ 58.4% |
| Taxes, remuneration and social security45 | - | €5,709 | €16,328 | €8,581 | €7,340 | ▼ 14.5% |
| Taxes450/3 | - | €5,709 | €16,328 | €8,581 | €7,340 | ▼ 14.5% |
| Other amounts payable47/48 | - | €460,001 | €507,615 | €508,548 | €440,237 | ▼ 13.4% |
| Accrued charges and deferred income492/3 | - | €1,751 | €771 | €868 | €1,113 | ▲ 28.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €78,618 | €122,638 | €176,725 | €109,540 | €97,548 | ▼ 10.9% |
| + Depreciation and write-downs630 | €7,747 | €8,046 | €8,046 | €7,921 | - | - |
| Operating cash flow (approximation) | €86,365 | €130,684 | €184,771 | €117,461 | €97,548 | ▼ 17.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€472 | -€6,169 | ▼ 1,208% |
| Change in cash | - | -€11,593 | €126,154 | €5,402 | -€103,839 | ▼ 2,022% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €1mEq €1.0m ▲12.1%
6 profitable years in a row build equity to €1.0m.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €176,725 ▲44.1%
Operating result €136,456, net result €176,725, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €78,618 ▼41.7%
Net result drops to €78,618, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €500,000Eq €521,001 ▲35%
2 profitable years in a row build equity to €521,001.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Paliseul · 1 establishment unit since 2015
Ground area
362 m²
Building footprint
185 m²
Volume, LiDAR
1,734 m³
Parcel 84050A0135/00F000, Wallonia · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Grand-Place 16, 6850 Paliseul
since 20152.240.292.796
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84050A0135/00F000 | Wallonia | 362 m² | 1 · 185 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
99%
According to the 2024 annual accounts of PO² and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 5,220 companies in sector 47730 we hold annual accounts for 3,862. 2,945 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0598929369
Also
9925:BE0598929369
Registered
24-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.