POP MD
Open bankruptcyA bankruptcy procedure is open for POP MD according to publications in the Belgian State Gazette; curator: ALAIN HENDERICKX. The 2024 annual accounts show equity of €165k and a net result of €60k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-03-2025, 122 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
122 d early
2023
68 d late
2022
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€736k▲ 17.8%
2023 · €625k
2022: €341k
2023: €625k
2022 → 2024
EBIT margin
12.8%▼ 1.8pp
2023 · 14.6%
2022: 15.2%
2023: 14.6%
2022 → 2024
Net result
€60k▼ 11.6%
2023 · €68k
2022: €37k
2023: €68k
2022 → 2024
Working capital
€119k▲ 190%
2023 · €41k
2022: €10k
2023: €41k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€341k-€625k▲ 83.1%€736k▲ 17.8%
Equity€37k-€105k▲ 183%€165k▲ 57.1%
Operating result€52k-€91k▲ 76.5%€94k▲ 3.0%
Net result€37k-€68k▲ 82.6%€60k▼ 11.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €416k
Fixed assets
€187k▲ 82.6%
Current assets
€229k▲ 52.9%
Equity and liabilities €416k
Equity
€165k▲ 57.1%
Debt
€250k▲ 70.5%
The debt ratio rises from 58.3% to 60.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€158k▲
2023 · €117k
Cash flow
€124k▲
2023 · €94k
Solvency
39.8%▼
2023 · 41.7%
Current ratio
2.07▲
2023 · 1.37
Quick ratio
2.07▲
2023 · 1.37
Debt / equity
1.52▲
2023 · 1.40
ROE
36.4%▼
2023 · 64.6%
ROA
14.5%▼
2023 · 27.0%
Interest coverage
16.16▼
2023 · 98.91
Debt
€250k▲
2023 · €147k
Debt ≤ 1 year
€111k▲
2023 · €109k
Debt > 1 year
€140k▲
2023 · €38k
Income taxes
€24k▲
2023 · €22k
Staff costs
€381▲
2023 · €336
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€252k€416k▲
Fixed assets21/28€102k€187k▲
Tangible fixed assets22/27€97k€187k▲
Plant, machinery and equipment23-€4k
Furniture and vehicles24€97k€183k▲
Financial fixed assets28€5k-
Current assets29/58€150k€229k▲
Amounts receivable within one year40/41€90k€154k▲
Trade receivables40€61k€133k▲
Other amounts receivable41€28k€20k▼
Cash at bank and in hand54/58€56k€72k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€252k€416k▲
Equity10/15€105k€165k▲
Profit (loss) carried forward14€105k€165k▲
Amounts payable17/49€147k€250k▲
Amounts payable after more than one year17€38k€140k▲
Financial debts170/4€38k€140k▲
Amounts payable within one year42/48€109k€111k▲
Financial debts43€19k€55k▲
Credit institutions430/8€19k€55k▲
Trade debts44€46k€9k▼
Suppliers440/4€46k€9k▼
Taxes, remuneration and social security45€36k€47k▲
Taxes450/3€36k€47k▲
Other amounts payable47/48€7k-
Income statement
Code20232024
Turnover70€625k€736k▲
Non-recurring operating income76A€7k€14k▲
Goods, raw materials, services and sundry goods60/61€498k€582k▲
Remuneration, social security and pensions62€336€381▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€64k▲
Other operating charges640/8€16k€9k▼
Gross operating margin9900€134k€168k▲
Operating profit (loss)9901€91k€94k▲
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Financial charges65/66B€1k€10k▲
Recurring financial charges65€1k€10k▲
Profit (loss) for the period before taxes9903€90k€84k▼
Income taxes67/77€22k€24k▲
Profit (loss) for the period9904€68k€60k▼
Profit (loss) for the period to be appropriated9905€68k€60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€105k€165k▲
Profit (loss) brought forward from the previous period14P€37k€105k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL POP MD AV DU PONT DE LUTTRE 10, 1190 FOREST · event 30-07-2026
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €165k ▲57.1%
3 profitable years in a row build equity to €165k.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Highest result since 2022net €68k ▲82.6%
Net result €68k, the highest in the series.
31-12
Financial
Equity above €100kEq €105k ▲183%
2 profitable years in a row build equity to €105k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro 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
1 establishment unit since 2021
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.
Ground area
290 m²
Building footprint
171 m²
Volume, LiDAR
1,830 m³
2 parcels, Brussels · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
POP MD
since 20212.324.958.752
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0402/00C013 | Brussels | 213 m² | 1 · 94 m² | 14.8 m · 4 fl. |
| 21007A0062/00F015 | Brussels | 77 m² | 1 · 77 m² | 16.4 m · 3 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 | ALAIN HENDERICKX RUE DE STASSART 48 BL C/6,
1050 IXELLES |
30-07-2026 → present |
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 12,466 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43341Painting of buildings
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.