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PODOVA

Active
Private limited company (pre-2019)founded 20188 yrs activeWinterkoninkjestraat 1, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0703.956.714
Summary

The computed 12-month bankruptcy probability of PODOVA is 3.3% (moderate). The 2025 annual accounts show negative equity (-€4,005) and a net result of -€2,993. Equity is shrinking by ~44.1% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability66▼-2
Solvency22▼-2
Growth34▲+2
Track record100
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.02 in 2024; short-term debt: 26.8% and cash: 0% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
-2.5%
Return on assets
-1.9%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€4,005
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 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
28 d early
2024
29 d late
2023
58 d late
2022
30 d late
2021
58 d late
2020
61 d late
2019
68 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 39 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 12 September 2018, PODOVA was incorporated.1 Revenue went from EUR 84,845 in 2020 to EUR 88,512 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€88,512▲ 5.6%
2024 · €83,809
EBIT margin
3.8%▼ 2.8pp
2024 · 6.6%
Net result
-€2,993▼ 614%
2024 · -€419
Working capital
-€42,378▲ 5.0%
2024 · -€44,631
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€90,972▲ 7.2%€92,253▲ 1.4%€92,796▲ 0.6%€83,809▼ 9.7%€88,512▲ 5.6%
Operating result-€5,911€9,826€6,625▼ 32.6%€5,546▼ 16.3%€3,395▼ 38.8%
Net result-€10,231▼ 151%€6,686-€375-€419▼ 11.8%-€2,993▼ 614%
EBIT margin-6.5%▼ 7.7pp10.7%▲ 17.1pp7.1%▼ 3.5pp6.6%▼ 0.5pp3.8%▼ 2.8pp
Equity-€6,905-€219▲ 96.8%-€594▼ 171%-€1,013▼ 70.6%-€4,005▼ 296%
Total assets€212,620▼ 16.4%€194,443▼ 8.5%€167,812▼ 13.7%€177,816▲ 6.0%€158,366▼ 10.9%
Debt€219,525▼ 12.6%€194,662▼ 11.3%€168,406▼ 13.5%€178,829▲ 6.2%€162,371▼ 9.2%
Working capital-€31,625▼ 55.2%-€20,294▲ 35.8%-€20,932▼ 3.1%-€44,631▼ 113%-€42,378▲ 5.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2021: -€5,911-€5,911Net result 2021: -€10,231-€10,231Operating result 2022: €9,826€9,826Net result 2022: €6,686€6,686Operating result 2023: €6,625€6,625Net result 2023: -€375-€375Operating result 2024: €5,546€5,546Net result 2024: -€419-€419Operating result 2025: €3,395€3,395Net result 2025: -€2,993-€2,99320212022202320242025-€5,000-€2,500€0€2,500€5,000€7,500Operating result 2023: €6,625€6,620Net result 2023: -€375-€375Operating result 2024: €5,546€5,550Net result 2024: -€419-€419Operating result 2025: €3,395€3,390Net result 2025: -€2,993-€2,990202320242025
The operating result has fallen three years in a row; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158,366
Fixed assets €158,304 ▼ 10.5%
Current assets €61 ▼ 94.1%
Key figures and ratios
2025 value · change against 2024
EBITDA
€23,911▲
2024 · €23,700
Cash flow
€17,523▼
2024 · €17,735
Solvency
-2.5%▼
2024 · -0.6%
Current ratio
0.00▼
2024 · 0.02
Debt to equity
-40.54
ROA
-1.9%▼
2024 · -0.2%
Interest coverage
3.91▼
2024 · 3.97
Debt ≤ 1 year
€42,440▼
2024 · €45,670
Debt > 1 year
€119,931▼
2024 · €133,159
Income taxes
€271
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss
5.1% went bankrupt
5.4% stopped otherwise
89% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.3% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,564 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€177,816€158,366▼
Fixed assets21/28€176,778€158,304▼
Tangible fixed assets22/27€176,778€158,304▼
Land and buildings22€153,398€140,281▼
Furniture and vehicles24€21,311€16,439▼
Other tangible fixed assets26€2,068€1,585▼
Current assets29/58€1,038€61▼
Amounts receivable within one year40/41€925-
Trade receivables40€925-
Cash at bank and in hand54/58€114€61▼
Equity and liabilities
Total equity and liabilities10/49€177,816€158,366▼
Equity10/15-€1,013-€4,005▼
Contributions10/11€6,200€6,200=
Reserves13€60€60=
Non-distributable reserves130/1€60€60=
Reserves not available under the articles1311€60€60=
Profit (loss) carried forward14-€7,273-€10,266▼
Amounts payable17/49€178,829€162,371▼
Amounts payable after more than one year17€133,159€119,931▼
Financial debts170/4€133,159€119,931▼
Amounts payable within one year42/48€45,670€42,440▼
Current portion of amounts payable after more than one year42€13,018€13,228▲
Financial debts43€4,972€3,247▼
Credit institutions430/8€4,972€3,247▼
Trade debts44€10,280€8,268▼
Suppliers440/4€10,280€8,268▼
Other amounts payable47/48€17,400€17,697▲
Income statement Code20242025
Turnover70€83,809€88,512▲
Non-recurring operating income76A€6,350-
Goods, raw materials, services and sundry goods60/61€75,710€74,714▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,154€20,516▲
Other operating charges640/8€2,492€2,053▼
Gross operating margin9900€26,193€25,964▼
Operating profit (loss)9901€5,546€3,395▼
Financial charges65/66B€5,965€6,117▲
Recurring financial charges65€5,965€6,117▲
Profit (loss) for the period before taxes9903-€419-€2,722▼
Income taxes67/77-€271
Profit (loss) for the period9904-€419-€2,993▼
Profit (loss) for the period to be appropriated9905-€419-€2,993▼
Appropriation of the result
Profit (loss) to be appropriated9906-€7,273-€10,266▼
Profit (loss) brought forward from the previous period14P-€6,854-€7,273▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€90,972€92,253€92,796€83,809€88,512▲ 5.6%
Non-recurring operating income76A---€6,350--
Goods, raw materials, services and sundry goods60/61€81,315€73,920€86,095€75,710€74,714▼ 1.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,228€20,129€14,655€18,154€20,516▲ 13.0%
Other operating charges640/8€453€1,722€1,463€2,492€2,053▼ 17.6%
Gross operating margin9900€18,770€31,677€22,743€26,193€25,964▼ 0.9%
Operating profit (loss)9901-€5,911€9,826€6,625€5,546€3,395▼ 38.8%
Financial income75/76B€1,118€375----
Recurring financial income75€1,118€375----
Financial charges65/66B€4,752€3,428€6,770€5,965€6,117▲ 2.5%
Recurring financial charges65€4,752€3,428€6,770€5,965€6,117▲ 2.5%
Profit (loss) for the period before taxes9903-€9,546€6,773-€146-€419-€2,722▼ 550%
Income taxes67/77€685€86€229-€271-
Profit (loss) for the period9904-€10,231€6,686-€375-€419-€2,993▼ 614%
Profit (loss) for the period to be appropriated9905-€10,231€6,686-€375-€419-€2,993▼ 614%
Line20212022202320242025Change
Assets
Total assets20/58€212,620€194,443€167,812€177,816€158,366▼ 10.9%
Fixed assets21/28€201,299€181,170€166,515€176,778€158,304▼ 10.5%
Tangible fixed assets22/27€201,299€181,170€166,515€176,778€158,304▼ 10.5%
Land and buildings22€192,750€179,633€166,515€153,398€140,281▼ 8.6%
Furniture and vehicles24€8,550€1,537€0€21,311€16,439▼ 22.9%
Other tangible fixed assets26---€2,068€1,585▼ 23.4%
Current assets29/58€11,321€13,273€1,297€1,038€61▼ 94.1%
Amounts receivable within one year40/41€11,260€13,178€1,156€925--
Trade receivables40€3,117€10,454€1,156€925--
Other amounts receivable41€8,144€2,724----
Cash at bank and in hand54/58€60€95€141€114€61▼ 46.1%
Equity and liabilities
Total equity and liabilities10/49€212,620€194,443€167,812€177,816€158,366▼ 10.9%
Equity10/15-€6,905-€219-€594-€1,013-€4,005▼ 296%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€60€60€60€60€60=
Non-distributable reserves130/1€60€60€60€60€60=
Reserves not available under the articles1311€60€60€60€60€60=
Profit (loss) carried forward14-€13,166-€6,479-€6,854-€7,273-€10,266▼ 41.1%
Amounts payable17/49€219,525€194,662€168,406€178,829€162,371▼ 9.2%
Amounts payable after more than one year17€176,579€161,095€146,177€133,159€119,931▼ 9.9%
Financial debts170/4€176,579€161,095€146,177€133,159€119,931▼ 9.9%
Amounts payable within one year42/48€42,946€33,567€22,229€45,670€42,440▼ 7.1%
Current portion of amounts payable after more than one year42€25,923€15,484€14,918€13,018€13,228▲ 1.6%
Financial debts43€4,866€2,912€3,374€4,972€3,247▼ 34.7%
Credit institutions430/8€4,866€2,912€3,374€4,972€3,247▼ 34.7%
Trade debts44€12,156€15,171€3,607€10,280€8,268▼ 19.6%
Suppliers440/4€12,156€15,171€3,607€10,280€8,268▼ 19.6%
Other amounts payable47/48--€330€17,400€17,697▲ 1.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€10,231€6,686-€375-€419-€2,993▼ 614%
+ Depreciation and write-downs630€24,228€20,129€14,655€18,154€20,516▲ 13.0%
Operating cash flow (approximation)€13,998€26,816€14,280€17,735€17,523▼ 1.2%
Investment in fixed assets (approximation)-€0€0-€28,417-€2,043▲ 92.8%
Change in cash-€35€46-€27-€52▼ 91.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Back to profitnet €6,686
Net result €6,686 after 2 loss-making years.
27-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial Weakest financial yearnet -€10,231
Net result drops to -€10,231, the lowest in the series; recovery starts the following year.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
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, Watermaal-Bosvoorde · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
186 m²
Building footprint
82 m²
Volume, LiDAR
878 m³
Parcel 21017D0156/00S002, Brussels · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Winterkoninkjestraat 1, 1170 Watermaal-Bosvoorde
Human health activities
since 20182.279.923.137
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21017D0156/00S002 Brussels 186 m² 1 · 82 m² 13.9 m · 4 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded12-09-2018
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.