Equity
-€18,820
Debts exceed assets in financial year 2025.
POPESTI
Lifetime
6 annual accounts with figures on one time axispeak €34,837 (2023)
-€19,030▼ €4,974
lowest -€34,038 (2025)
-€34,038▼ €5,737
peak €43,520 (2023)
-€18,820▼ €34,038
€31,597▲ 37.8%
Board3 names since 2019
1 directorNedjat ADEMI
Documentsfilings and deeds
17-06-202644 days before the deadline
2025micro format
Gross margin from -€14,056 to -€19,030Loss of €34,038Equity from €15,218 to -€18,820Debts from €22,938 to €31,597Cash from €22,897 to €4,234
Key points
from the 2025 annual accountsLosses
-€62,340 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€31,597 247% of the balance sheet
Suppliers 49%Taxes and wages 33%Other 18%
Liquidity
0.38 was 1.25 in 2024
Short-term debts rose from €22,938 to €31,597.
Filings
6 annual accounts 1 late
The 2021 accounts came 632 days late. The other five were filed on time.
Position in the sector
-€34,038
Lower net result than 92% of companies in food and beverage service. Sector median €4,883 · 17,138 companies.
Turnover not published (micro format)
Checked score
50
Fair
Financially stronger than 14% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 0.8%▼ -0.2 percentage points vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.7%▼ -0.1 percentage points vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025lowest value
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +0.9 percentage points vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.4%▼ -0.3 percentage points vs 01-2026
03-2026: 1.5%▲ +0.1 percentage points vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 2.6%▲ +1.1 percentage points vs 06-2026highest value
08-2026: 2.6%● unchanged vs 07-2026highest value
09-2026: 2.6%● unchanged vs 08-2026highest value
10-2026: 2.6%● unchanged vs 09-2026highest value
11-2026: 2.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Negative equity -€18,820
lowers risk
Size: total assets €12,777
Liquidity: current ratio 0.38, cash €4,234, halved
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 56, micro). It does better than 9% of them on solvency, 36% on liquidity, 8% on profitability and 4% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as POPESTI has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of POPESTI itself: 2.6% within 12 months.
Test of the method
The method was tested on the 497,448 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 6,008 companies, not a prediction for POPESTI. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.38 (1.25 in 2024), below 1. Short-term debt is 247.3% and cash 33.1% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€18,820
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
44 days early
2024
2 days early
2023
50 days early
2022
51 days early
2021
632 days late
2020
12 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 79 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 June (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737723602
Resignation: GORANOVA Galina (director)
Appointment: Nedjat ADEMI (director) · Director discharge: GORANOVA Galina · General meeting of 22-02-2021 · Gazette deed
Registered office moved within Molenbeek-Saint-Jean
Transfer of 90 shares from OUAZIZ Carmen Olimpia to GORANOVA Galina · New registered office: rue de Courtrai, 4 à 1080 Molenbeek-Saint-Jean · Previous registered office: rue d'Ostende, 106 à 1080 Molenbeek-Saint-Jean · General meeting of 30-06-2020 · Gazette deed
Incorporation
Founders: OUAZIZ Carmen Olimpia and GORANOVA Galina · 100 shares · Appointment: OUAZIZ Carmen Olimpia (director) · published on 19-11-2019 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as POPESTI: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €11,900 and €14,500, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 15-11-2019Normal situation
- Activity
- Cafés and barsNACE 56301
- Establishment unit
- 2.295.741.1641080 Molenbeek-Saint-Jean, since 15-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Annual accounts 2025
- €12,777▼ 66.5%
- Filing
- Filed on 17-06-2026, 44 days before the end of the filing period
Insights on POPESTI
POPESTI files the micro format. That format states no turnover. The gross margin fell from -€3,520 in 2020 to -€19,030 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about POPESTI
- What is the company number of POPESTI?
- The company number of POPESTI is 0737.723.602. The VAT number is the same number with BE in front: BE 0737.723.602.
- Where is POPESTI based?
- The registered office is at Kortrijkstraat 4, 1080 Molenbeek-Saint-Jean.Company details
- What does POPESTI do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of POPESTI?
- POPESTI is a private limited company (BV).
- When was POPESTI founded?
- POPESTI was founded on 15-11-2019.
- Is POPESTI still active?
- Yes, POPESTI is an active enterprise in the KBO register.
- What is the turnover of POPESTI?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is POPESTI profitable?
- In financial year 2025, POPESTI made a loss of €34,038.
- Where can I find the annual accounts of POPESTI?
- POPESTI filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POPESTI due?
- POPESTI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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