Podelmo
ActiveSummary
Podelmo has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.72M and a net result of €-32k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 2284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 83.52; short-term debt: 0.3% and cash: 2.2% of total assets), and 2.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer 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 2025Solvency, return and age of the figures
Solvency
97.4%
Return on assets
-0.8%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
9 d early
2023
26 d early
2022
25 d early
2021
124 d early
2020
33 d early
2019
24 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.72M▼ 0.9%
2024 · €3.75M
2018: €5.51M
2019: €7.14M▲ +29.7% vs 2018highest in 8 years
2020: €6.00M▼ -16.0% vs 2019
2021: €6.11M▲ +1.9% vs 2020
2022: €3.78M▼ -38.2% vs 2021
2023: €3.76M▼ -0.5% vs 2022
2024: €3.75M▼ -0.2% vs 2023
2025: €3.72M▼ -0.9% vs 2024lowest in 8 years
2018 → 2025
Total assets
€3.82M▼ 0.9%
2024 · €3.85M
2018: €10.94M
2019: €11.26M▲ +3.0% vs 2018highest in 8 years
2020: €8.95M▼ -20.5% vs 2019
2021: €7.53M▼ -15.9% vs 2020
2022: €3.95M▼ -47.5% vs 2021
2023: €3.92M▼ -0.9% vs 2022
2024: €3.85M▼ -1.6% vs 2023
2025: €3.82M▼ -0.9% vs 2024lowest in 8 years
2018 → 2025
Net result
€-32k▼ 294%
2024 · €-8k
2018: €-182k
2019: €712k▲ +491% vs 2018highest in 8 years
2020: €-1.15M▼ -261% vs 2019lowest in 8 years
2021: €115k▲ +110% vs 2020
2022: €266k▲ +132% vs 2021
2023: €-18k▼ -107% vs 2022
2024: €-8k▲ +54.2% vs 2023
2025: €-32k▼ -294% vs 2024
2018 → 2025
Working capital
€957k▼ 1.3%
2024 · €970k
2018: €1.44M
2019: €2.84M▲ +97.3% vs 2018highest in 8 years
2020: €1.35M▼ -52.5% vs 2019
2021: €1.13M▼ -16.5% vs 2020
2022: €942k▼ -16.4% vs 2021lowest in 8 years
2023: €947k▲ +0.6% vs 2022
2024: €970k▲ +2.4% vs 2023
2025: €957k▼ -1.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6.11M-€3.78M▼ 38.2%€3.76M▼ 0.5%€3.75M▼ 0.2%€3.72M▼ 0.9%
2021: €6.11Mhighest in 5 years
2022: €3.78M▼ -38.2% vs 2021
2023: €3.76M▼ -0.5% vs 2022
2024: €3.75M▼ -0.2% vs 2023
2025: €3.72M▼ -0.9% vs 2024lowest in 5 years
Operating result€159k-€-39k€-46k▼ 16.5%€-43k▲ 5.8%€-72k▼ 65.9%
2021: €159khighest in 5 years
2022: €-39k▼ -125% vs 2021
2023: €-46k▼ -16.5% vs 2022
2024: €-43k▲ +5.8% vs 2023
2025: €-72k▼ -65.9% vs 2024lowest in 5 years
Net result€115k-€266k▲ 132%€-18k€-8k▲ 54.2%€-32k▼ 294%
2021: €115k
2022: €266k▲ +132% vs 2021highest in 5 years
2023: €-18k▼ -107% vs 2022
2024: €-8k▲ +54.2% vs 2023
2025: €-32k▼ -294% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €72k in 2025 against €43k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.82M
Fixed assets
€2.85M ▼ 0.9%
Current assets
€969k ▼ 0.9%
Equity and liabilities €3.82M
Equity
€3.72M ▼ 0.9%
Provisions
€86k ▼ 7.5%
Debt
€12k ▲ 48.4%
Debt's share of the balance-sheet total rises from 0.2% to 0.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-33k▼
2024 · €-4k
Cash flow
€6k▼
2024 · €31k
Current ratio
83.52
Debt to equity
0.00▲
2024 · 0.00
ROE
-0.9%▼
2024 · -0.2%
ROA
-0.8%▼
2024 · -0.2%
Interest coverage
-309.55▼
2024 · -3.07
Debt ≤ 1 year
€12k▲
2024 · €8k
Income taxes
€405▼
2024 · €12k
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.85M€3.82M▼
Fixed assets21/28€2.88M€2.85M▼
Tangible fixed assets22/27€653k€626k▼
Land and buildings22€640k€616k▼
Furniture and vehicles24€14k€2k▼
Other tangible fixed assets26-€9k
Financial fixed assets28€2.22M€2.22M=
Current assets29/58€977k€969k▼
Stocks and contracts in progress3€2k€0▼
Stocks30/36€2k€0▼
Amounts receivable within one year40/41€839k€875k▲
Trade receivables40€1k€13k▲
Other amounts receivable41€838k€862k▲
Cash at bank and in hand54/58€124k€83k▼
Deferred charges and accrued income490/1€12k€10k▼
Equity and liabilities
Total equity and liabilities10/49€3.85M€3.82M▼
Equity10/15€3.75M€3.72M▼
Contributions10/11€1.03M€1.03M=
Reserves13€2.72M€2.69M▼
Tax-exempt reserves132€281k€260k▼
Distributable reserves133€2.44M€2.43M▼
Provisions and deferred taxes16€93k€86k▼
Deferred taxes168€93k€86k▼
Amounts payable17/49€8k€12k▲
Amounts payable within one year42/48€8k€12k▲
Trade debts44€2k€11k▲
Suppliers440/4€2k€11k▲
Taxes, remuneration and social security45€4k€0▼
Taxes450/3€4k€0▼
Other amounts payable47/48€2k€553▼
Accrued charges and deferred income492/3€430€539▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€39k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€4k€4k▲
Gross operating margin9900€576€-29k▼
Operating profit (loss)9901€-43k€-72k▼
Financial income75/76B€41k€33k▼
Recurring financial income75€41k€33k▼
Financial charges65/66B€1k€107▼
Recurring financial charges65€1k€107▼
Profit (loss) for the period before taxes9903€-3k€-39k▼
Transfer from deferred taxes780€7k€7k=
Income taxes67/77€12k€405▼
Profit (loss) for the period9904€-8k€-32k▼
Transfer from tax-exempt reserves789€21k€21k=
Profit (loss) for the period to be appropriated9905€13k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-12k▼
Transfer from equity791/2-€12k
Transfer to equity691/2€13k€0▼
To other reserves6921€13k€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37k | €37k | €40k | €40k | €39k | ▼ 2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-4k | €0 | - | - |
| Other operating charges640/8 | - | €4k | €7k | €4k | €4k | ▲ 3.1% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €225k | €3k | €-3k | €576 | €-29k | ▼ 5,101% |
| Operating profit (loss)9901 | €159k | €-39k | €-46k | €-43k | €-72k | ▼ 65.9% |
| Financial income75/76B | - | €366k | €26k | €41k | €33k | ▼ 20.6% |
| Recurring financial income75 | €44k | €366k | €26k | €41k | €33k | ▼ 20.6% |
| Financial charges65/66B | - | €3k | €1k | €1k | €107 | ▼ 90.9% |
| Recurring financial charges65 | €59k | €3k | €1k | €1k | €107 | ▼ 90.9% |
| Profit (loss) for the period before taxes9903 | €144k | €323k | €-21k | €-3k | €-39k | ▼ 1,175% |
| Transfer from deferred taxes780 | - | €111k | €7k | €7k | €7k | = |
| Income taxes67/77 | €36k | €168k | €4k | €12k | €405 | ▼ 96.7% |
| Profit (loss) for the period9904 | €115k | €266k | €-18k | €-8k | €-32k | ▼ 294% |
| Transfer from tax-exempt reserves789 | - | €333k | €21k | €21k | €21k | = |
| Profit (loss) for the period to be appropriated9905 | €136k | €599k | €3k | €13k | €-12k | ▼ 194% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.53M | €3.95M | €3.92M | €3.85M | €3.82M | ▼ 0.9% |
| Fixed assets21/28 | €5.20M | €2.94M | €2.91M | €2.88M | €2.85M | ▼ 0.9% |
| Tangible fixed assets22/27 | €758k | €721k | €690k | €653k | €626k | ▼ 4.1% |
| Land and buildings22 | - | €711k | €674k | €640k | €616k | ▼ 3.7% |
| Furniture and vehicles24 | - | €10k | €16k | €14k | €2k | ▼ 88.5% |
| Other tangible fixed assets26 | - | - | - | - | €9k | - |
| Financial fixed assets28 | €4.45M | €2.22M | €2.22M | €2.22M | €2.22M | = |
| Current assets29/58 | €2.33M | €1.01M | €1.00M | €977k | €969k | ▼ 0.9% |
| Stocks and contracts in progress3 | €48k | €2k | €2k | €2k | €0 | ▼ 100% |
| Stocks30/36 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €1.33M | €644k | €916k | €839k | €875k | ▲ 4.3% |
| Trade receivables40 | - | €2k | €6k | €1k | €13k | ▲ 978% |
| Other amounts receivable41 | - | €642k | €909k | €838k | €862k | ▲ 2.9% |
| Cash at bank and in hand54/58 | €865k | €360k | €85k | €124k | €83k | ▼ 32.8% |
| Deferred charges and accrued income490/1 | - | €2k | €534 | €12k | €10k | ▼ 16.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.53M | €3.95M | €3.92M | €3.85M | €3.82M | ▼ 0.9% |
| Equity10/15 | €6.11M | €3.78M | €3.76M | €3.75M | €3.72M | ▼ 0.9% |
| Contributions10/11 | - | €1.03M | €1.03M | €1.03M | €1.03M | = |
| Reserves13 | €2.93M | €2.75M | €2.73M | €2.72M | €2.69M | ▼ 1.2% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | €323k | €302k | €281k | €260k | ▼ 7.4% |
| Distributable reserves133 | - | €2.43M | €2.43M | €2.44M | €2.43M | ▼ 0.5% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Provisions and deferred taxes16 | €218k | €107k | €100k | €93k | €86k | ▼ 7.5% |
| Deferred taxes168 | - | €107k | €100k | €93k | €86k | ▼ 7.5% |
| Amounts payable17/49 | €1.20M | €66k | €56k | €8k | €12k | ▲ 48.4% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.20M | €66k | €56k | €8k | €12k | ▲ 49.7% |
| Trade debts44 | €83k | €4k | €5k | €2k | €11k | ▲ 454% |
| Suppliers440/4 | - | €4k | €5k | €2k | €11k | ▲ 454% |
| Taxes, remuneration and social security45 | - | €62k | €48k | €4k | €0 | ▼ 100% |
| Taxes450/3 | - | €62k | €48k | €4k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €0 | €3k | €2k | €553 | ▼ 72.3% |
| Accrued charges and deferred income492/3 | - | €211 | €0 | €430 | €539 | ▲ 25.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €115k | €266k | €-18k | €-8k | €-32k | ▼ 294% |
| + Depreciation and write-downs630 | €37k | €37k | €40k | €40k | €39k | ▼ 2.7% |
| Operating cash flow (approximation) | €152k | €304k | €22k | €31k | €6k | ▼ 80.5% |
| Investment in fixed assets (approximation) | - | €2.22M | €-9k | €-3k | €-12k | ▼ 347% |
| Change in cash | - | €-506k | €-274k | €39k | €-41k | ▼ 205% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 7current ratio 126.12
Current ratio from 17.96 to 126.12; short-term debt falls from €56k to €8k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 8current ratio 15.26
Current ratio from 1.94 to 15.26; short-term debt falls from €1.20M to €66k.
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €115k
Net result €115k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-1.15M
Net result drops to €-1.15M, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €712k
Net result €712k after one loss-making year.
Show earlier events
31-12
Financial
Liquidity times 6current ratio 11.50
Current ratio from 1.97 to 11.50; short-term debt falls from €1.49M to €271k.
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Kortrijk · 1 establishment unit since 1982
Ground area
2,537 m²
Building footprint
1,351 m²
Volume, LiDAR
204 m³
Parcel 34016C0105/00W000, Flanders · tallest building 10.4 m. Linked by address, not a title deed.
1 establishment unit
PODELMO NV
since 19822.020.795.357
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C0105/00W000 | Flanders | 2,537 m² | 1 · 1,351 m² | 10.3 m |
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.
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,511. 779 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
Founded01-07-1982
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.