Pool@U
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of Pool@U is 2.8% (moderate). The 2025 annual accounts show equity of €79,380 and a net result of -€4,750. Its solvency ranks better than 61% of 1,256 sector peers (NACE 42, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 17-10-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Lokerse Baan 20, 9111 Sint-Niklaas
- Activity
- Civil engineering NACE 42990and 5 others
- Establishment unit
- 2.351.665.723 9111 Sint-Niklaas, since 17-10-2023
- Financial year end
- 30 September
- Peppol
- Reachable since 30-01-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.8%
- Gross margin
- €18,924
- ▼ 84.6%
- Turnover
- ≈ €150,000
- estimated
- Loss
- €4,750
- Equity
- €79,380
- ▼ 5.6%
- Total assets
- €146,176
- ▼ 54.0%
Score breakdownraises riskFounded in 2023Liquidity: current ratio 2.05Size: total assets €146,176Sector: Civil engineering (NACE 42)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro). It does better than 61% of them on solvency, 69% on liquidity, 33% on profitability and 30% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 2 accounts on average 6 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 30-09-2025
- Filed on
- 20-04-2026
- Format
- micro format
- Reference
- 2026-00082881
2024 to 2025, 2 financial years
The operating result for 2025 is a loss of €3,189, after a profit of €103,047 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Civil engineering (NACE 42). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Companies with the same profile, two years later
Historical observationIn July 2024, 2,145 companies had the same profile as Pool@U has now. Two years later, 2.2% had gone bankrupt and 91.7% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Pool@U itself is higher: 2.8% within 12 months. It rests on far more data about Pool@U than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,145 companies, not a prediction for Pool@U. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,304 | €21,014 | ▲ 21.4% |
| Other operating charges640/8 | €2,641 | €1,099 | ▼ 58.4% |
| Gross operating margin9900 | €122,992 | €18,924 | ▼ 84.6% |
| Operating profit (loss)9901 | €103,047 | -€3,189 | - |
| Financial income75/76B | €1 | €10 | ▲ 13× |
| Recurring financial income75 | €1 | €10 | ▲ 13× |
| Financial charges65/66B | €2,594 | €1,572 | ▼ 39.4% |
| Recurring financial charges65 | €2,594 | €1,572 | ▼ 39.4% |
| Profit (loss) for the period before taxes9903 | €100,454 | -€4,750 | - |
| Income taxes67/77 | €21,324 | - | - |
| Profit (loss) for the period9904 | €79,130 | -€4,750 | - |
| Profit (loss) for the period to be appropriated9905 | €79,130 | -€4,750 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €317,755 | €146,176 | ▼ 54.0% |
| Fixed assets21/28 | €49,444 | €31,688 | ▼ 35.9% |
| Intangible fixed assets21 | €593 | €415 | ▼ 30.0% |
| Tangible fixed assets22/27 | €48,850 | €31,273 | ▼ 36.0% |
| Plant, machinery and equipment23 | €3,368 | €2,465 | ▼ 26.8% |
| Furniture and vehicles24 | €16,691 | €4,540 | ▼ 72.8% |
| Leasing and similar rights25 | €28,791 | €24,267 | ▼ 15.7% |
| Current assets29/58 | €268,311 | €114,489 | ▼ 57.3% |
| Stocks and contracts in progress3 | €84,766 | €99,665 | ▲ 17.6% |
| Stocks30/36 | €84,766 | €99,665 | ▲ 17.6% |
| Amounts receivable within one year40/41 | €177,742 | €12,083 | ▼ 93.2% |
| Trade receivables40 | €177,290 | €7,564 | ▼ 95.7% |
| Other amounts receivable41 | €452 | €4,520 | ▲ 899% |
| Cash at bank and in hand54/58 | €4,684 | - | - |
| Deferred charges and accrued income490/1 | €1,119 | €2,741 | ▲ 145% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €317,755 | €146,176 | ▼ 54.0% |
| Equity10/15 | €84,130 | €79,380 | ▼ 5.6% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €79,130 | €74,380 | ▼ 6.0% |
| Amounts payable17/49 | €233,625 | €66,796 | ▼ 71.4% |
| Amounts payable within one year42/48 | €233,086 | €55,960 | ▼ 76.0% |
| Financial debts43 | - | €7,498 | - |
| Credit institutions430/8 | - | €7,498 | - |
| Trade debts44 | €162,955 | €18,701 | ▼ 88.5% |
| Suppliers440/4 | €162,955 | €18,701 | ▼ 88.5% |
| Advances received on contracts in progress46 | - | €7,008 | - |
| Taxes, remuneration and social security45 | €27,638 | €5,940 | ▼ 78.5% |
| Taxes450/3 | €22,823 | €5,940 | ▼ 74.0% |
| Remuneration and social security454/9 | €4,816 | - | - |
| Other amounts payable47/48 | €42,493 | €16,812 | ▼ 60.4% |
| Accrued charges and deferred income492/3 | €538 | €10,837 | ▲ 20× |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €79,130 | -€4,750 | - |
| + Depreciation and write-downs630 | €17,304 | €21,014 | ▲ 21.4% |
| Operating cash flow (approximation) | €96,434 | €16,264 | ▼ 83.1% |
| Investment in fixed assets (approximation) | - | -€3,258 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Comparable companies
These companies have the same main activity as Pool@U: civil engineering (NACE 42990). They are comparable in size and age: total assets between €52,700 and €190,000, founded between 2021 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| Pool@U Sint-Niklaas | 2023 | €146,176 | €79,380 | €18,924 | -€4,750 | 2025 |
| ONE CUBE Geraardsbergen | 2024 | €155,733 | €41,844 | €9,825 | -€2,556 | 2025 |
| FORGET STIERLI AQUATIC Profondeville | 2023 | €52,724 | -€8,060 | €22,042 | €7,175 | 2025 |
| PROIN Koekelberg | 2024 | €101,771 | €68,599 | €69,154 | €39,367 | 2025 |
| Dekière Zwembaden Menen | 2021 | €190,132 | €44,177 | €18,621 | €6,160 | 2025 |
| PVB Balen | 2022 | €88,250 | €32,385 | €46,133 | €28,820 | 2025 |
| Dany Van Brabant Brugge | 2022 | €94,613 | €90,404 | €58,085 | €39,552 | 2025 |
They were chosen from the 184 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alone
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer, algemene vergadering”
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Vereffenaar betaalt alle schulden naar evenredigheid zonder onderscheid opeisbaar en niet-opeisbaar onder aftrek disconto,onverminderd…”
Articles of association, deed of 19-10-2023
Owners and capital
Capital transactions
- VANPOUCKE Stefaan 100 shares (100%) · €5,000
- 19-10-2023 Incorporation · €5,000 · 100 shares
Other provisions of the articles of association
- Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
- “Gevolmachtigden, verbinden vennootschap binnen perken volmacht”“Dagelijks bestuur, één of meer leden als gedelegeerd bestuurder of één of meer directeurs”“Buitengewone algemene vergadering, te allen tijde”“Zetel of andere plaats in oproeping, plaats en enige aandeelhouder”“Schriftelijke volmacht aan ieder ander persoon al dan niet aandeelhouder om te vertegenwoordigen en te stemmen, volmacht en effecten”“Datering schriftelijke jaarvergadering, aangevuld met gedateerde door bestuursorgaan ondertekende verklaring van ontvangst uiterlijk 20…”“Formulier opgesteld door raad van bestuur, stemmen per brief of elektronisch”9 more provisions in the deed, see the deed of 19-10-2023
Articles of association, deed of 19-10-2023 (in Dutch)
Group and network
Connections & network
See the function holders in the KBO register.
History
Acts, filings and financial milestones
19-10
Gazette deed
IncorporationFounder · Founding capital · Capital5 points ▸
- Incorporation, “Pool@U” (deed in Dutch)
- Founder, VANPOUCKE Stefaan
- Founding capital, €5,000
- Capital
- Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in naam en voor rekening gesteld voor oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20255 activities
- Het aanleggen,ontwerpen,inrichten,onderhouden en herstellen van water-,verwarmings- en sanitaire installaties,in het bijzonder van zwembaden,hottubs,sauna’s,recreatie- en wellnessbaden,poolhouses,terrassen en tuinen;
- Alle activiteiten die verband houden met waterbehandeling en waterzuivering,alsook het aanleggen en onderhouden van elektrische installaties en apparatuur;
- De aan- en verkoop,de in- en uitvoer en de groot- en kleinhandel van allerhande toestellen,installaties,producten,materialen,toebehoren en plantgoed,en andere artikelen voor de inrichting,het onderhoud en herstelling van zwembaden,poolhouses,terrassen en tuinen;
- Verkoop van tuinmeubelen,barbecues enzovoort.
- Verkoop van allerhande decoratieartikelen voor buitenhuis.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1001.315.756
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46002C1108/00F000 | Flanders | 8,025 m² | 1 · 1,817 m² | 9.2 m · 3 |