POBRA
ActiveSummary
POBRA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €206k and a net result of €24k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-2
Solvency68▼-17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 3.33 in 2023; short-term debt: 10.6% and cash: 17.6% of total assets), but 57.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
65 d early
2022
41 d early
2021
69 d early
2020
39 d early
2019
63 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€206k▲ 13.2%
2023 · €182k
2018: €96klowest in 7 years
2019: €111k▲ +15.4% vs 2018
2020: €127k▲ +14.6% vs 2019
2021: €143k▲ +12.7% vs 2020
2022: €162k▲ +13.3% vs 2021
2023: €182k▲ +12.3% vs 2022
2024: €206k▲ +13.2% vs 2023highest in 7 years
2018 → 2024
Total assets
€483k▲ 58.2%
2023 · €305k
2018: €347k
2019: €326k▼ -6.0% vs 2018
2020: €305k▼ -6.4% vs 2019
2021: €303k▼ -0.7% vs 2020lowest in 7 years
2022: €303k▲ +0.1% vs 2021
2023: €305k▲ +0.8% vs 2022
2024: €483k▲ +58.2% vs 2023highest in 7 years
2018 → 2024
Net result
€24k▲ 20.3%
2023 · €20k
2018: €14klowest in 7 years
2019: €15k▲ +5.0% vs 2018
2020: €16k▲ +9.8% vs 2019
2021: €16k▼ -0.8% vs 2020
2022: €19k▲ +18.4% vs 2021
2023: €20k▲ +4.7% vs 2022
2024: €24k▲ +20.3% vs 2023highest in 7 years
2018 → 2024
Working capital
€68k▲ 15.4%
2023 · €59k
2018: €-39klowest in 7 years
2019: €-34k▲ +13.3% vs 2018
2020: €-11k▲ +67.9% vs 2019
2021: €11k▲ +206% vs 2020
2022: €-2k▼ -118% vs 2021
2023: €59k▲ +3006% vs 2022
2024: €68k▲ +15.4% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€127k-€143k▲ 12.7%€162k▲ 13.3%€182k▲ 12.3%€206k▲ 13.2%
2020: €127klowest in 5 years
2021: €143k▲ +12.7% vs 2020
2022: €162k▲ +13.3% vs 2021
2023: €182k▲ +12.3% vs 2022
2024: €206k▲ +13.2% vs 2023highest in 5 years
Operating result€29k-€28k▼ 4.4%€29k▲ 2.2%€31k▲ 7.5%€34k▲ 10.6%
2020: €29k
2021: €28k▼ -4.4% vs 2020lowest in 5 years
2022: €29k▲ +2.2% vs 2021
2023: €31k▲ +7.5% vs 2022
2024: €34k▲ +10.6% vs 2023highest in 5 years
Net result€16k-€16k▼ 0.8%€19k▲ 18.4%€20k▲ 4.7%€24k▲ 20.3%
2020: €16k
2021: €16k▼ -0.8% vs 2020lowest in 5 years
2022: €19k▲ +18.4% vs 2021
2023: €20k▲ +4.7% vs 2022
2024: €24k▲ +20.3% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 11% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €483k
Fixed assets
€363k ▲ 64.9%
Current assets
€119k ▲ 40.8%
Equity and liabilities €483k
Equity
€206k ▲ 13.2%
Debt
€277k ▲ 125%
Debt's share of the balance-sheet total rises from 40.3% to 57.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€71k▲
2023 · €56k
Cash flow
€61k▲
2023 · €45k
Current ratio
2.34▼
2023 · 3.33
Debt to equity
1.34▲
2023 · 0.68
ROE
11.6%▲
2023 · 10.9%
ROA
5.0%▼
2023 · 6.5%
Interest coverage
10.00▼
2023 · 14.31
Debt ≤ 1 year
€51k▲
2023 · €26k
Debt > 1 year
€226k▲
2023 · €98k
Income taxes
€4k▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€305k€483k▲
Fixed assets21/28€220k€363k▲
Tangible fixed assets22/27€220k€363k▲
Land and buildings22€220k€353k▲
Plant, machinery and equipment23-€10k
Assets under construction and advance payments27€0-
Financial fixed assets28€50€50=
Current assets29/58€85k€119k▲
Amounts receivable within one year40/41€46k€7k▼
Trade receivables40€12k€2k▼
Other amounts receivable41€34k€5k▼
Current investments50/53€35k€26k▼
Cash at bank and in hand54/58€2k€85k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€305k€483k▲
Equity10/15€182k€206k▲
Contributions10/11€31k€31k=
Reserves13€151k€175k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€151k€175k▲
Amounts payable17/49€123k€277k▲
Amounts payable after more than one year17€98k€226k▲
Financial debts170/4€98k€226k▲
Amounts payable within one year42/48€26k€51k▲
Current portion of amounts payable after more than one year42€20k€43k▲
Trade debts44€178€314▲
Suppliers440/4€178€314▲
Taxes, remuneration and social security45€2k€461▼
Taxes450/3€2k€461▼
Other amounts payable47/48€4k€7k▲
Income statement
Code20232024
Non-recurring operating income76A€379€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€37k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€61k€76k▲
Operating profit (loss)9901€31k€34k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€29k€28k▼
Income taxes67/77€9k€4k▼
Profit (loss) for the period9904€20k€24k▲
Profit (loss) for the period to be appropriated9905€20k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€24k▲
Transfer to equity691/2€20k€24k▲
To other reserves6921€20k€24k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €379 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €25k | €26k | €25k | €37k | ▲ 47.5% |
| Other operating charges640/8 | - | €5k | €5k | €5k | €5k | ▲ 2.0% |
| Gross operating margin9900 | €59k | €58k | €59k | €61k | €76k | ▲ 25.1% |
| Operating profit (loss)9901 | €29k | €28k | €29k | €31k | €34k | ▲ 10.6% |
| Financial income75/76B | - | €226 | €275 | €2k | €1k | ▼ 54.4% |
| Recurring financial income75 | - | €226 | €275 | €2k | €1k | ▼ 54.4% |
| Financial charges65/66B | - | €5k | €4k | €4k | €7k | ▲ 82.1% |
| Recurring financial charges65 | €6k | €5k | €4k | €4k | €7k | ▲ 82.1% |
| Profit (loss) for the period before taxes9903 | €24k | €24k | €25k | €29k | €28k | ▼ 4.2% |
| Income taxes67/77 | €8k | €7k | €6k | €9k | €4k | ▼ 56.7% |
| Profit (loss) for the period9904 | €16k | €16k | €19k | €20k | €24k | ▲ 20.3% |
| Profit (loss) for the period to be appropriated9905 | €16k | €16k | €19k | €20k | €24k | ▲ 20.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €305k | €303k | €303k | €305k | €483k | ▲ 58.2% |
| Fixed assets21/28 | €293k | €268k | €282k | €220k | €363k | ▲ 64.9% |
| Tangible fixed assets22/27 | €293k | €268k | €281k | €220k | €363k | ▲ 64.9% |
| Land and buildings22 | - | €268k | €245k | €220k | €353k | ▲ 60.4% |
| Plant, machinery and equipment23 | - | - | - | - | €10k | - |
| Assets under construction and advance payments27 | - | - | €36k | €0 | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €12k | €34k | €21k | €85k | €119k | ▲ 40.8% |
| Amounts receivable within one year40/41 | €9k | €28k | €14k | €46k | €7k | ▼ 84.3% |
| Trade receivables40 | - | - | €2k | €12k | €2k | ▼ 80.1% |
| Other amounts receivable41 | - | €28k | €13k | €34k | €5k | ▼ 85.8% |
| Current investments50/53 | - | - | - | €35k | €26k | ▼ 26.7% |
| Cash at bank and in hand54/58 | €1k | €5k | €5k | €2k | €85k | ▲ 5,362% |
| Deferred charges and accrued income490/1 | - | €869 | €1k | €3k | €2k | ▼ 32.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €305k | €303k | €303k | €305k | €483k | ▲ 58.2% |
| Equity10/15 | €127k | €143k | €162k | €182k | €206k | ▲ 13.2% |
| Contributions10/11 | - | €31k | €31k | €31k | €31k | = |
| Reserves13 | €96k | €112k | €131k | €151k | €175k | ▲ 15.9% |
| Non-distributable reserves130/1 | - | €3k | €3k | €0 | - | - |
| Reserves not available under the articles1311 | - | €3k | €3k | €0 | - | - |
| Distributable reserves133 | - | €109k | €128k | €151k | €175k | ▲ 15.9% |
| Amounts payable17/49 | €178k | €159k | €141k | €123k | €277k | ▲ 125% |
| Amounts payable after more than one year17 | €155k | €137k | €117k | €98k | €226k | ▲ 131% |
| Financial debts170/4 | - | €137k | €117k | €98k | €226k | ▲ 131% |
| Amounts payable within one year42/48 | €22k | €23k | €23k | €26k | €51k | ▲ 99.9% |
| Current portion of amounts payable after more than one year42 | - | €19k | €19k | €20k | €43k | ▲ 119% |
| Trade debts44 | - | - | - | €178 | €314 | ▲ 75.9% |
| Suppliers440/4 | - | - | - | €178 | €314 | ▲ 75.9% |
| Taxes, remuneration and social security45 | - | - | - | €2k | €461 | ▼ 70.1% |
| Taxes450/3 | - | - | - | €2k | €461 | ▼ 70.1% |
| Other amounts payable47/48 | - | €4k | €4k | €4k | €7k | ▲ 71.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €16k | €19k | €20k | €24k | ▲ 20.3% |
| + Depreciation and write-downs630 | €25k | €25k | €26k | €25k | €37k | ▲ 47.5% |
| Operating cash flow (approximation) | €41k | €41k | €45k | €45k | €61k | ▲ 35.5% |
| Investment in fixed assets (approximation) | - | €0 | €-39k | €36k | €-180k | ▼ 600% |
| Change in cash | - | €4k | €537 | €-4k | €83k | ▲ 2,216% |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €24k ▲20.3%
Operating result €34k, net result €24k, both a record.
31-12
Financial
Equity above €200kEq €206k ▲13.2%
7 profitable years in a row build equity to €206k.
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 3.33
Current ratio from 0.91 to 3.33.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €162k ▲13.3%
5 profitable years in a row build equity to €162k.
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1.50
Current ratio from 0.52 to 1.50.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €111k ▲15.4%
2 profitable years in a row build equity to €111k.
Show earlier events
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kruisem · 1 establishment unit since 1996
Ground area
3,261 m²
Building footprint
1,596 m²
Volume, LiDAR
9,723 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pobra
since 19962.075.986.971
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017B0335/00L000 | Flanders | 2,059 m² | 1 · 394 m² | 9.2 m · 2 fl. |
| 44054B0357/00S003 | Flanders | 1,201 m² | 1 · 1,201 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0772.835.127
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BE 0444.263.760
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IMMO CLAESSENS
BE 0472.616.860
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 4,269 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
Founded25-01-1996
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.