Popoyo
ActivePopoyo has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €81k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency67▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.73 in 2024; short-term debt: 58.1% and cash: 85.1% of total assets), but 58.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.9%
Return on assets
49%
Age of the figures
9 mo
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 27-03-2026, 126 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
126 d early
2024
153 d early
2023
145 d early
2022
130 d early
2021
16 d late
2020
51 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€69k=
2024 · €69k
2020: €26k
2021: €29k
2022: €69k
2023: €69k
2024: €69k
2020 → 2025
Total assets
€165k▲ 16.7%
2024 · €141k
2020: €39k
2021: €39k
2022: €91k
2023: €106k
2024: €141k
2020 → 2025
Net result
€81k▲ 59.3%
2024 · €51k
2020: €25k
2021: €3k
2022: €40k
2023: €30k
2024: €51k
2020 → 2025
Working capital
€50k▼ 5.2%
2024 · €52k
2020: €22k
2021: €22k
2022: €61k
2023: €57k
2024: €52k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€69k▲ 141%€69k=€69k=€69k=
Operating result€4k-€58k▲ 1,520%€37k▼ 35.7%€63k▲ 69.9%€107k▲ 69.3%
Net result€3k-€40k▲ 1,476%€30k▼ 26.0%€51k▲ 69.6%€81k▲ 59.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 69% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€19k▲ 16.1%
Current assets
€145k▲ 16.8%
Equity and liabilities €165k
Equity
€69k=
Debt
€96k▲ 32.7%
The debt ratio rises from 51.1% to 58.1%. Debt is higher.
Key figures and ratios
EBITDA
€110k▲
2024 · €66k
Cash flow
€83k▲
2024 · €53k
Solvency
41.9%▼
2024 · 48.9%
Current ratio
1.52▼
2024 · 1.73
Quick ratio
1.52▼
2024 · 1.73
Debt / equity
1.39▲
2024 · 1.04
ROE
116.9%▲
2024 · 73.4%
ROA
49.0%▲
2024 · 35.9%
Interest coverage
1503.01▲
2024 · 742.17
Debt
€96k▲
2024 · €72k
Debt ≤ 1 year
€96k▲
2024 · €72k
Income taxes
€27k▲
2024 · €14k
Staff costs
€3k▼
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€141k€165k▲
Fixed assets21/28€17k€19k▲
Tangible fixed assets22/27€12k€14k▲
Plant, machinery and equipment23€732€293▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€7k€12k▲
Financial fixed assets28€5k€5k=
Current assets29/58€124k€145k▲
Amounts receivable after more than one year29€23k-
Other amounts receivable291€23k-
Amounts receivable within one year40/41€7k€2k▼
Trade receivables40€398-
Other amounts receivable41€6k€2k▼
Cash at bank and in hand54/58€91k€140k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€141k€165k▲
Equity10/15€69k€69k=
Contributions10/11€1k€1k=
Reserves13€68k€68k=
Distributable reserves133€68k€68k=
Amounts payable17/49€72k€96k▲
Amounts payable within one year42/48€72k€96k▲
Trade debts44€5k€11k▲
Suppliers440/4€5k€11k▲
Taxes, remuneration and social security45€24k€16k▼
Taxes450/3€24k€16k▼
Other amounts payable47/48€43k€69k▲
Income statement
Code20242025
Remuneration, social security and pensions62€4k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€71k€114k▲
Operating profit (loss)9901€63k€107k▲
Financial income75/76B€1k€396▼
Recurring financial income75€1k€396▼
Financial charges65/66B€89€73▼
Recurring financial charges65€89€73▼
Profit (loss) for the period before taxes9903€65k€107k▲
Income taxes67/77€14k€27k▲
Profit (loss) for the period9904€51k€81k▲
Profit (loss) for the period to be appropriated9905€51k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€81k▲
Profit to be distributed694/7€51k€81k▲
Return on contributions (dividend)694€51k€81k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €81k ▲59.3%
Operating result €107k, net result €81k, both a record.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Weakest financial yearnet €3k ▼89.8%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gistel · 1 establishment unit 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.
Sintelstraat 288470 GistelGround area
1,183 m²
Building footprint
207 m²
Volume, LiDAR
503 m³
2 parcels, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Popoyo
since 20192.291.402.294
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382D0763/00S002 | Flanders | 628 m² | 1 · 117 m² | 5.6 m · 1 fl. |
| 35005A0532/00F000 | Flanders | 555 m² | 1 · 91 m² | 0.2 m |
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.
Similar companies · same sector, comparable size
Vreno
BE 0763.737.220
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COLISMO
BE 0547.671.403
Leuven · Eq €69k
GREEN FINANCE
BE 0865.208.821
Ans · Eq €69k
ESTATE INVEST
BE 0761.795.834
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BELLA VITA
BE 0890.019.738
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,382. 5,189 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2019
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
46423Wholesale of clothing, excluding workwear and underwear
47715Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.