POONCH RIVER
ActiveThe computed 12-month bankruptcy probability of POONCH RIVER is 3.1% (moderate). The 2024 annual accounts show equity of €32k and a net result of €-7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 66% of 9625 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▲+10
Solvency78▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 2.0 against 2.41 in 2023; short-term debt: 46.6% and cash: 4% of total assets), and 46.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
53.4%
Return on assets
-11%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year €-7k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2026, 337 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
337 d late
2023
271 d late
2022
152 d late
2021
152 d late
2020
213 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€32k▼ 17.1%
2023 · €39k
2020: €22k
2021: €61k
2022: €74k
2023: €39k
2020 → 2024
Total assets
€60k▼ 5.1%
2023 · €64k
2020: €59k
2021: €77k
2022: €108k
2023: €64k
2020 → 2024
Net result
€-7k▲ 81.3%
2023 · €-35k
2020: €19k
2021: €39k
2022: €14k
2023: €-35k
2020 → 2024
Working capital
€28k▼ 19.0%
2023 · €35k
2020: €20k
2021: €57k
2022: €70k
2023: €35k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€61k▲ 177%€74k▲ 22.3%€39k▼ 47.7%€32k▼ 17.1%
Operating result€22k-€39k▲ 81.9%€14k▼ 64.4%€-34k€-6k▲ 82.7%
Net result€19k-€39k▲ 105%€14k▼ 65.1%€-35k€-7k▲ 81.3%
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 stays negative: a loss of €6k in 2024 against €34k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €60k
Fixed assets
€4k=
Current assets
€56k▼ 5.4%
Equity and liabilities €60k
Equity
€32k▼ 17.1%
Debt
€28k▲ 13.8%
The debt ratio rises from 38.9% to 46.6%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
53.4%▼
2023 · 61.1%
Current ratio
2.00▼
2023 · 2.41
Quick ratio
0.11▼
2023 · 0.27
Debt / equity
0.87▲
2023 · 0.64
ROE
-20.6%▲
2023 · -91.2%
ROA
-11.0%▲
2023 · -55.8%
Debt
€28k▲
2023 · €25k
Debt ≤ 1 year
€28k▲
2023 · €25k
Staff costs
€28k▼
2023 · €51k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€64k€60k▼
Fixed assets21/28€4k€4k=
Tangible fixed assets22/27€2k€2k=
Furniture and vehicles24€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€60k€56k▼
Stocks and contracts in progress3€53k€53k▲
Stocks30/36€53k€53k▲
Amounts receivable within one year40/41€7k€672▼
Trade receivables40€5k-
Other amounts receivable41€2k€672▼
Cash at bank and in hand54/58€127€2k▲
Equity and liabilities
Total equity and liabilities10/49€64k€60k▼
Equity10/15€39k€32k▼
Contributions10/11€3k€3k=
Capital10-€3k
Issued capital100-€3k
Profit (loss) carried forward14€36k€29k▼
Amounts payable17/49€25k€28k▲
Amounts payable within one year42/48€25k€28k▲
Trade debts44€3k€18k▲
Suppliers440/4€3k€18k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€20k€9k▼
Income statement
Code20232024
Remuneration, social security and pensions62€51k€28k▼
Other operating charges640/8€302€2k▲
Gross operating margin9900€17k€24k▲
Operating profit (loss)9901€-34k€-6k▲
Financial charges65/66B€1k€714▼
Recurring financial charges65€1k€714▼
Profit (loss) for the period before taxes9903€-35k€-7k▲
Income taxes67/77€134-
Profit (loss) for the period9904€-35k€-7k▲
Profit (loss) for the period to be appropriated9905€-35k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€29k▼
Profit (loss) brought forward from the previous period14P€71k€36k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 337 days late
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 271 days late
2023
31-12
Financial
Weakest financial yearnet €-35k ▼361%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 152 days late
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 213 days late
2021
31-12
Financial
Highest result since 2020net €39k ▲105%
Operating result €39k, net result €39k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.53
Current ratio from 1.53 to 4.53; short-term debt falls from €37k to €16k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Keerbergen · 2 establishment units since 2019
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.
Haachtsebaan 443140 KeerbergenGround area
1,471 m²
Building footprint
494 m²
Volume, LiDAR
2,484 m³
2 parcels, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
POONCH RIVER
since 20192.293.150.670
POONCH RIVER
since 20192.293.150.769
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048B0118/00Y000 | Flanders | 884 m² | 1 · 201 m² | 9.2 m · 2 fl. |
| 12005B0379/00W004 | Flanders | 587 m² | 1 · 293 m² | 11.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 40,080 EUR awarded · 40,080 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 7,520 EUR | 7,520 EUR |
| 2022 | 1 | 30,560 EUR | 30,560 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBonheiden2.293.150.670
Keerbergen2.293.150.769
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Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,480 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-2019
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47252Retail sale of beverages, general range
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.