PoFi
Open bankruptcyA bankruptcy procedure is open for PoFi according to publications in the Belgian State Gazette; curator: TIM DE MOERLOOSE. The 2023 annual accounts show negative equity (€-18k) and a net result of €-6k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-08-2024, 6 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
not filed
2023
6 d late
2022
18 d early
2021
11 d late
2020
21 d early
2019
76 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€-18k▼ 46.6%
2022 · €-12k
2018: €22k
2019: €22k
2020: €5k
2021: €-11k
2022: €-12k
2018 → 2023
Total assets
€152k▲ 108%
2022 · €73k
2018: €64k
2019: €65k
2020: €54k
2021: €82k
2022: €73k
2018 → 2023
Net result
€-6k▼ 271%
2022 · €-2k
2018: €-4k
2019: €-12k
2020: €-18k
2021: €-15k
2022: €-2k
2018 → 2023
Working capital
€-40k▼ 45.1%
2022 · €-27k
2018: €9k
2019: €5k
2020: €-11k
2021: €-32k
2022: €-27k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€22k-€5k▼ 78.9%€-11k€-12k▼ 14.3%€-18k▼ 46.6%
Operating result€-10k-€-16k▼ 62.9%€-12k▲ 25.1%€742€-10k
Net result€-12k-€-18k▼ 48.8%€-15k▲ 13.4%€-2k▲ 90.1%€-6k▼ 271%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €10k after €742 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €152k
Fixed assets
€27k▲ 75.0%
Current assets
€125k▲ 117%
Key figures and ratios
EBITDA
€797▼
2022 · €7k
Cash flow
€5k▼
2022 · €5k
Solvency
-11.6%▲
2022 · -16.4%
Current ratio
0.76▲
2022 · 0.68
Quick ratio
0.65▲
2022 · 0.60
Debt / equity
-9.65▼
2022 · -7.10
ROA
-3.7%▼
2022 · -2.1%
Interest coverage
0.30▼
2022 · 2.80
Debt
€170k▲
2022 · €85k
Debt ≤ 1 year
€165k▲
2022 · €85k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€73k€152k▲
Fixed assets21/28€15k€27k▲
Intangible fixed assets21-€18k
Tangible fixed assets22/27€15k€9k▼
Land and buildings22€2k€512▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€19€19=
Current assets29/58€58k€125k▲
Stocks and contracts in progress3€7k€18k▲
Stocks30/36€7k€18k▲
Amounts receivable within one year40/41€41k€52k▲
Trade receivables40€26k€35k▲
Other amounts receivable41€15k€18k▲
Cash at bank and in hand54/58€8k€33k▲
Deferred charges and accrued income490/1€2k€23k▲
Equity and liabilities
Total equity and liabilities10/49€73k€152k▲
Equity10/15€-12k€-18k▼
Contributions10/11€19k€19k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-34k€-40k▼
Amounts payable17/49€85k€170k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€85k€165k▲
Current portion of amounts payable after more than one year42€176€0▼
Trade debts44€53k€94k▲
Suppliers440/4€53k€94k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€11k€1k▼
Taxes450/3€9k€1k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€21k€70k▲
Accrued charges and deferred income492/3€175€5k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€10k▲
Other operating charges640/8€6k€6k▼
Gross operating margin9900€14k€7k▼
Operating profit (loss)9901€742€-10k▼
Financial income75/76B€377€7k▲
Recurring financial income75€377€7k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-2k€-6k▼
Profit (loss) for the period9904€-2k€-6k▼
Profit (loss) for the period to be appropriated9905€-2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-40k▼
Profit (loss) brought forward from the previous period14P€-33k€-34k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · POFI BV FRATERSTRAAT 109A, 9820 MERELBEKE-MELLE · event 13-05-2025
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
10-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 76 days late
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
2015
27-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Merelbeke-Melle · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fraterstraat 109A9820 Merelbeke-MelleGround area
1.2 ha
Building footprint
6,811 m²
Volume, LiDAR
1,432 m³
2 parcels, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
POINT FINAL
since 20022.114.609.205
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0726/00W002 | Flanders | 1.2 ha | 1 · 6,717 m² | 5.2 m |
| 44805E0521/00B000 | Flanders | 94 m² | 1 · 94 m² | 12.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TIM DE MOERLOOSE LEIEKAAI 25 C-D, 9000 GENT- |
13-05-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.114.609.205
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Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 2,736 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2002
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.