POBRA
ActiveSummary
POBRA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €75,377 and a net result of €40,078. Equity is growing by ~36.3% per year across the filed fiscal years. Its solvency ranks better than 11% of 3557 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability63▼-7
Solvency33▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.93 in 2023; short-term debt: 64.1% and cash: 10.8% of total assets), and 91.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.3%
Return on assets
4.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 3557 sector peers (2024).
NBB · sector comparisonPosition among 3557 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-08-2025, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d late
2023
58 d late
2022
72 d late
2021
61 d late
2020
89 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 66 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
In the rankings
#5 oldest company in Soignies, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€40,078▼ 5.4%
2023 · €42,355
Working capital
-€47,933▼ 61.0%
2023 · -€29,777
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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-€9,371€35,155€85,406▲ 143%€72,435▼ 15.2%€82,944▲ 14.5%
Net result-€25,717below the sector's middle half€18,345within the sector's middle half€72,611within the sector's middle half▲ 296%€42,355within the sector's middle half▼ 41.7%€40,078within the sector's middle half▼ 5.4%
Equity-€83,279below the sector's middle half▼ 57.3%-€69,547below the sector's middle half▲ 16.5%-€936below the sector's middle half▲ 98.7%€37,862below the sector's middle half€75,377below the sector's middle half▲ 99.1%
Total assets€787,863within the sector's middle half▼ 10.7%€795,144within the sector's middle half▲ 0.9%€858,734within the sector's middle half▲ 8.0%€763,770within the sector's middle half▼ 11.1%€902,868within the sector's middle half▲ 18.2%
Debt€871,142▼ 6.9%€864,691▼ 0.7%€859,670▼ 0.6%€725,909▼ 15.6%€827,491▲ 14.0%
Working capital€37,353within the sector's middle half▲ 793%-€52,074below the sector's middle half-€17,894below the sector's middle half▲ 65.6%-€29,777below the sector's middle half▼ 66.4%-€47,933below the sector's middle half▼ 61.0%
Solvency-10.6%below the sector's middle half▼ 4.6pp-8.7%below the sector's middle half▲ 1.8pp-0.1%below the sector's middle half▲ 8.6pp5.0%below the sector's middle half▲ 5.1pp8.3%below the sector's middle half▲ 3.4pp
Current ratio1.10below the sector's middle half▲ 0.090.90below the sector's middle half▼ 0.200.97below the sector's middle half▲ 0.070.93below the sector's middle half▼ 0.030.92below the sector's middle half▼ 0.02
Return on assets (ROA)-3.3%below the sector's middle half▼ 6.4pp2.3%within the sector's middle half▲ 5.6pp8.5%within the sector's middle half▲ 6.1pp5.5%within the sector's middle half▼ 2.9pp4.4%within the sector's middle half▼ 1.1pp
Staff (FTE)10.3within the sector's middle half▼ 10.4%11.4within the sector's middle half▲ 10.7%12.5within the sector's middle half▲ 9.6%11.7within the sector's middle half▼ 6.4%13.1within the sector's middle half▲ 12.0%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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 15% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €902,868
Fixed assets
€372,509 ▲ 9.6%
Current assets
€530,359 ▲ 25.1%
Equity and liabilities €902,868
Equity
€75,377 ▲ 99.1%
Debt
€827,491 ▲ 14.0%
Debt's share of the balance-sheet total falls from 95.0% to 91.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€141,637▲
2023 · €124,769
Cash flow
€98,770▲
2023 · €94,689
Quick ratio
0.52▲
2023 · 0.45
Debt to equity
10.98▼
2023 · 19.17
ROE
53.2%▼
2023 · 111.9%
Interest coverage
4.59▼
2023 · 5.27
Debt ≤ 1 year
€578,292▲
2023 · €453,768
Debt > 1 year
€246,446▼
2023 · €270,437
Income taxes
€19,175▲
2023 · €17,122
Staff costs
€700,562▲
2023 · €635,261
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,216 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
2.5%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,216 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €474,120 | €595,252 | €635,261 | €700,562 | ▲ 10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56,083 | €56,949 | €51,864 | €52,334 | €58,693 | ▲ 12.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €10,585 | - | - | - |
| Other operating charges640/8 | - | €7,854 | €20,699 | €26,400 | €9,487 | ▼ 64.1% |
| Gross operating margin9900 | €444,360 | €574,079 | €763,806 | €786,430 | €851,686 | ▲ 8.3% |
| Operating profit (loss)9901 | -€9,371 | €35,155 | €85,406 | €72,435 | €82,944 | ▲ 14.5% |
| Financial income75/76B | - | €8,621 | €11,665 | €10,703 | €7,138 | ▼ 33.3% |
| Recurring financial income75 | €8,727 | €8,621 | €11,665 | €10,703 | €7,138 | ▼ 33.3% |
| Financial charges65/66B | - | €25,410 | €24,334 | €23,660 | €30,830 | ▲ 30.3% |
| Recurring financial charges65 | €24,957 | €25,410 | €24,334 | €23,660 | €30,830 | ▲ 30.3% |
| Profit (loss) for the period before taxes9903 | -€25,602 | €18,365 | €72,737 | €59,477 | €59,253 | ▼ 0.4% |
| Income taxes67/77 | €115 | €21 | €126 | €17,122 | €19,175 | ▲ 12.0% |
| Profit (loss) for the period9904 | -€25,717 | €18,345 | €72,611 | €42,355 | €40,078 | ▼ 5.4% |
| Profit (loss) for the period to be appropriated9905 | -€25,717 | €18,345 | €72,611 | €42,355 | €40,078 | ▼ 5.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €787,863 | €795,144 | €858,734 | €763,770 | €902,868 | ▲ 18.2% |
| Fixed assets21/28 | €360,863 | €329,628 | €331,366 | €339,780 | €372,509 | ▲ 9.6% |
| Tangible fixed assets22/27 | €358,177 | €326,942 | €328,680 | €337,094 | €369,823 | ▲ 9.7% |
| Land and buildings22 | - | €294,012 | €273,607 | €261,938 | €285,552 | ▲ 9.0% |
| Plant, machinery and equipment23 | - | €3,700 | €5,178 | €7,848 | €10,684 | ▲ 36.1% |
| Furniture and vehicles24 | - | €29,230 | €49,896 | €67,308 | €73,587 | ▲ 9.3% |
| Financial fixed assets28 | €2,686 | €2,686 | €2,686 | €2,686 | €2,686 | = |
| Current assets29/58 | €427,000 | €465,515 | €527,368 | €423,991 | €530,359 | ▲ 25.1% |
| Stocks and contracts in progress3 | €210,754 | €194,406 | €243,338 | €220,880 | €226,868 | ▲ 2.7% |
| Stocks30/36 | - | €194,406 | €243,338 | €220,880 | €226,868 | ▲ 2.7% |
| Amounts receivable within one year40/41 | €176,223 | €147,143 | €209,889 | €149,403 | €206,365 | ▲ 38.1% |
| Trade receivables40 | - | €141,375 | €206,742 | €136,616 | €188,200 | ▲ 37.8% |
| Other amounts receivable41 | - | €5,768 | €3,147 | €12,787 | €18,165 | ▲ 42.1% |
| Cash at bank and in hand54/58 | €39,849 | €119,331 | €74,141 | €53,707 | €97,126 | ▲ 80.8% |
| Deferred charges and accrued income490/1 | - | €4,635 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €787,863 | €795,144 | €858,734 | €763,770 | €902,868 | ▲ 18.2% |
| Equity10/15 | -€83,279 | -€69,547 | -€936 | €37,862 | €75,377 | ▲ 99.1% |
| Contributions10/11 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | - | - | - |
| Reserves not available under the articles1311 | - | €6,200 | €6,200 | - | - | - |
| Distributable reserves133 | - | - | - | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€184,180 | -€165,836 | -€93,224 | -€50,869 | -€10,792 | ▲ 78.8% |
| Investment grants15 | - | €28,089 | €24,089 | €20,531 | €17,968 | ▼ 12.5% |
| Amounts payable17/49 | €871,142 | €864,691 | €859,670 | €725,909 | €827,491 | ▲ 14.0% |
| Amounts payable after more than one year17 | €479,559 | €345,267 | €310,620 | €270,437 | €246,446 | ▼ 8.9% |
| Financial debts170/4 | - | €345,267 | €310,620 | €270,437 | €246,446 | ▼ 8.9% |
| Amounts payable within one year42/48 | €389,647 | €517,589 | €545,262 | €453,768 | €578,292 | ▲ 27.4% |
| Current portion of amounts payable after more than one year42 | - | €33,301 | €38,724 | €40,197 | €41,069 | ▲ 2.2% |
| Financial debts43 | - | €224,700 | €175,000 | €175,000 | €170,000 | ▼ 2.9% |
| Credit institutions430/8 | - | €224,700 | €175,000 | €175,000 | €170,000 | ▼ 2.9% |
| Trade debts44 | €81,571 | €132,188 | €119,345 | €49,615 | €162,399 | ▲ 227% |
| Suppliers440/4 | - | €132,188 | €119,345 | €49,615 | €162,399 | ▲ 227% |
| Advances received on contracts in progress46 | - | €68,438 | €154,092 | €115,981 | €126,873 | ▲ 9.4% |
| Taxes, remuneration and social security45 | - | €53,291 | €56,841 | €71,897 | €72,011 | ▲ 0.2% |
| Taxes450/3 | - | €2,650 | €158 | €17,193 | €5,587 | ▼ 67.5% |
| Remuneration and social security454/9 | - | €50,641 | €56,683 | €54,703 | €66,424 | ▲ 21.4% |
| Other amounts payable47/48 | - | €5,671 | €1,259 | €1,078 | €5,940 | ▲ 451% |
| Accrued charges and deferred income492/3 | - | €1,835 | €3,788 | €1,704 | €2,753 | ▲ 61.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,717 | €18,345 | €72,611 | €42,355 | €40,078 | ▼ 5.4% |
| + Depreciation and write-downs630 | €56,083 | €56,949 | €51,864 | €52,334 | €58,693 | ▲ 12.2% |
| Operating cash flow (approximation) | €30,366 | €75,294 | €124,475 | €94,689 | €98,770 | ▲ 4.3% |
| Investment in fixed assets (approximation) | - | -€25,715 | -€53,601 | -€60,748 | -€91,422 | ▼ 50.5% |
| Change in cash | - | €79,482 | -€45,190 | -€20,433 | €43,418 | ▲ 312% |
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
2025
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 24 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 58 days late
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 72 days late
2022
31-12
Financial
Highest result since 2018net €72,611 ▲296%
Operating result €85,406, net result €72,611, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Back to profitnet €18,345
Net result €18,345 after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet -€25,717
Net result drops to -€25,717, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Soignies · 1 establishment unit since 1987
Ground area
2,094 m²
Building footprint
739 m²
Volume, LiDAR
4,310 m³
Parcel 55040A0654/00L000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
POBRA SPRL
since 19872.029.851.001
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55040A0654/00L000 | Wallonia | 2,094 m² | 1 · 739 m² | 7.5 m · 2 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
1 ownerChain of control
- MANORECO
- POBRA
Highest known parent: MANORECO. The sources do not say who stands above it.
Owners 1
- MANORECOparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
Recognitions · licences · registrations
Recognised contractor
14 categoriesPOBRA SRL28441
Similar companies · same sector, comparable size
MartinsTec
BE 0694.838.417
Steenokkerzeel · Eq €75,492
DEVOS FRANK
BE 0893.873.509
Mons · Eq €75,233
SEY-TECH
BE 0797.301.396
Genk · Eq €75,570
SCHROEDER-DENDOOVEN
BE 0806.005.563
Rixensart · Eq €75,600
Electricité Pierre VANDERSMISSEN
BE 0832.281.180
Grez-Doiceau · Eq €75,627
Of 9,537 companies in sector 43222 we hold annual accounts for 5,668. 4,829 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
Founded28-04-1987
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
9925:BE0431317725
Registered
18-12-2025
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.