POPECHSCU
Open bankruptcyA bankruptcy procedure is open for POPECHSCU according to publications in the Belgian State Gazette; curator: MAIA GUTMANN LE PAIGE. The 2024 annual accounts show equity of €74k and a net result of €77k.
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 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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
56 d late
2023
27 d late
2022
1 d late
2021
101 d late
2020
118 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€44k
EBIT margin
17.5%
Net result
€77k▲ 27.6%
2023 · €60k
2018: €8k
2019: €-10k
2020: €-8k
2021: €5k
2022: €26k
2023: €60k
2018 → 2024
Working capital
€67k▲ 769%
2023 · €8k
2018: €-65k
2019: €-75k
2020: €-82k
2021: €-77k
2022: €-52k
2023: €8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-76k-€-71k▲ 6.2%€-45k▲ 36.4%€15k€74k▲ 394%
Operating result€-7k-€5k€26k▲ 428%€60k▲ 130%€77k▲ 27.6%
Net result€-8k-€5k€26k▲ 451%€60k▲ 132%€77k▲ 27.6%
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 four years in a row; 2024 is 28% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €109k
Fixed assets
€7k▼ 5.9%
Current assets
€102k▲ 449%
Equity and liabilities €109k
Equity
€74k▲ 394%
Debt
€35k▲ 223%
The debt ratio falls from 42.3% to 32.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€77k▲
2023 · €61k
Cash flow
€77k▲
2023 · €61k
Solvency
67.6%▲
2023 · 57.7%
Current ratio
2.89▲
2023 · 1.70
Quick ratio
2.89▲
2023 · 1.70
Debt / equity
0.48▼
2023 · 0.73
ROE
104.2%▼
2023 · 402.9%
ROA
70.4%▼
2023 · 232.5%
Interest coverage
288.93▼
2023 · 307.76
Debt
€35k▲
2023 · €11k
Debt ≤ 1 year
€35k▲
2023 · €11k
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€26k€109k▲
Fixed assets21/28€7k€7k▼
Tangible fixed assets22/27€939€510▼
Furniture and vehicles24€939€510▼
Financial fixed assets28€6k€6k=
Current assets29/58€19k€102k▲
Amounts receivable within one year40/41€19k€102k▲
Trade receivables40€14k-
Other amounts receivable41€4k€102k▲
Cash at bank and in hand54/58€0€11▲
Equity and liabilities
Total equity and liabilities10/49€26k€109k▲
Equity10/15€15k€74k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-4k€55k▲
Amounts payable17/49€11k€35k▲
Amounts payable within one year42/48€11k€35k▲
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€8k€16k▲
Taxes450/3€8k€16k▲
Other amounts payable47/48-€18k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€348€429▲
Non-recurring operating charges66A€960€1k▲
Gross operating margin9900€62k€79k▲
Operating profit (loss)9901€60k€77k▲
Financial charges65/66B€197€268▲
Recurring financial charges65€197€268▲
Profit (loss) for the period before taxes9903€60k€77k▲
Profit (loss) for the period9904€60k€77k▲
Profit (loss) for the period to be appropriated9905€60k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€73k▲
Profit (loss) brought forward from the previous period14P€-64k€-4k▲
Profit to be distributed694/7-€18k
Directors or managers695-€18k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL POPECHSCU RUE DU MARCHE AUX HERBES 9, 1000 BRUXELLES · event 01-12-2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Highest result since 2018net €77k ▲27.6%
Operating result €77k, net result €77k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Liquidity times 7current ratio 1.70
Current ratio from 0.23 to 1.70; short-term debt falls from €67k to €11k.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 101 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 118 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €-10k ▼233%
Net result drops to €-10k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 2014
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
28 m²
Building footprint
20 m²
Volume, LiDAR
241 m³
Parcel 21004A0381/00_000, Brussels · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MAK TELECOM
since 20142.241.008.816
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0381/00_000 | Brussels | 28 m² | 1 · 20 m² | 14.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MAIA GUTMANN LE PAIGE RUE DE LA LOI 28,
1040 ETTERBEEK |
01-12-2025 → present |
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Of 3,225 companies in sector 47400 we hold annual accounts for 1,807. 1,462 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-03-2014
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.