POPA RENOV CONSTRUCT
InactivePOPA RENOV CONSTRUCT was declared bankrupt on 25-09-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 03-06-2025, published in the Belgian State Gazette on 12-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 02-05-2023, 275 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
275 d late
2020
293 d late
2019
153 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4k
2020 · €13k
2018: €-189k
2019: €-26k
2020: €13k
2018 → 2021
Working capital
€-41k▲ 11.3%
2020 · €-46k
2018: €-28k
2019: €-70k
2020: €-46k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-8k-€-35k▼ 315%€-22k▲ 37.2%€-24k▼ 12.1%
Operating result€-170k-€29k€27k▼ 8.8%€10k▼ 64.0%
Net result€-189k-€-26k▲ 86.1%€13k€-4k
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 64% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €384k
Fixed assets
€17k ▼ 31.8%
Current assets
€367k ▼ 52.7%
Key figures and ratios
EBITDA
€19k▼
2020 · €37k
Cash flow
€6k▼
2020 · €23k
Solvency
-6.4%▼
2020 · -2.7%
Current ratio
0.90▼
2020 · 0.94
Quick ratio
0.71▲
2020 · 0.52
Debt to equity
-16.74▲
2020 · -37.77
ROA
-1.1%▼
2020 · 1.6%
Interest coverage
1.40▼
2020 · 2.72
Debt
€408k▼
2020 · €821k
Debt ≤ 1 year
€408k▼
2020 · €821k
Staff costs
€123k▼
2020 · €208k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 50 lines
Balance sheet
Code20202021
Assets
Total assets20/58€800k€384k▼
Fixed assets21/28€25k€17k▼
Tangible fixed assets22/27€19k€11k▼
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€13k€8k▼
Leasing and similar rights25€4k-
Financial fixed assets28€6k€6k=
Current assets29/58€775k€367k▼
Stocks and contracts in progress3€351k€76k▼
Stocks30/36€351k€76k▼
Amounts receivable within one year40/41€422k€279k▼
Trade receivables40€250k€249k▼
Other amounts receivable41€172k€30k▼
Cash at bank and in hand54/58€120-
Deferred charges and accrued income490/1€2k€12k▲
Equity and liabilities
Total equity and liabilities10/49€800k€384k▼
Equity10/15€-22k€-24k▼
Contributions10/11€17k€19k▲
Reserves13€77k€77k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€41k€41k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€-115k€-120k▼
Amounts payable17/49€821k€408k▼
Amounts payable within one year42/48€821k€408k▼
Current portion of amounts payable after more than one year42€12k€8k▼
Financial debts43€225k€91k▼
Credit institutions430/8€225k€91k▼
Trade debts44€550k€307k▼
Suppliers440/4€550k€307k▼
Taxes, remuneration and social security45€34k€1k▼
Remuneration and social security454/9€34k€1k▼
Other amounts payable47/48-€690
Income statement
Code20202021
Remuneration, social security and pensions62€208k€123k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€248k€144k▼
Operating profit (loss)9901€27k€10k▼
Financial income75/76B-€20
Recurring financial income75-€20
Financial charges65/66B€14k€14k▲
Recurring financial charges65€14k€14k▲
Profit (loss) for the period before taxes9903€13k€-4k▼
Income taxes67/77€279-
Profit (loss) for the period9904€13k€-4k▼
Profit (loss) for the period to be appropriated9905€13k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-115k€-120k▼
Profit (loss) brought forward from the previous period14P€-128k€-115k▲
Social balance
Average headcount (FTE)90875.33.3▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · POPA RENOV CONSTRUCT SRL AVENUE CHAZAL 58, 1030 Schaerbeek. déclarée le 25 septembre 2023 · event 03-06-2025
2023
02-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · POPA RENOV CONSTRUCT SRL AVENUE CHAZAL 58, 1030 Schaerbeek · event 25-09-2023
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 275 days late
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 293 days late
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 153 days late
2019
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 126 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 62 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 52 days late
2015
28-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 59 days late
2014
29-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 60 days late
2013
24-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 85 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
25-09-2023 → 03-06-2025 |