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POPULIERENDAL

Active
Private limited companyfounded 1987active for 39 yearsOude Schapenbaan 134, 1850 Grimbergen, BelgiumKBO/BCE: BE 0431.166.582
Summary

POPULIERENDAL has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€177,793) and a net result of €14,685. Equity has been stable since 2021 (±1.6% per year). Its solvency ranks better than 10% of 3,001 sector peers (NACE 93, financial year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

Source: KBO
Status
Active since 12-05-1987 Normal situation
Activity
Equestrian clubs NACE 93127
Establishment unit
2.030.701.928 1850 Grimbergen, since 24-06-1987
Financial year end
31 December
Peppol
Reachable since 11-01-2026

Board and ownership

Board
  • Hermans SoniaDirector

Financial position

54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2024
Gross margin
€41,578
▲ 16×
Turnover
≈ €170,000
estimated
Profit
€14,685
Equity
-€177,793
▲ 7.6%
Total assets
€188,751
▼ 14.7%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskCapped at 59: negative equityFigures for financial year 2024 (filed on 14-08-2025)Liquidity: current ratio 0.28, cash €3,532lowers riskFounded in 1987Size: total assets €188,751Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 34% of micro companies in sports and recreation (NACE 93)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Weak
Solvency 0=
equity -94.2% of total assets
Liquidity 2=
short-term debt 167.7% · cash 1.9%
Profitability 78+71
return on assets 7.8%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,268 companies, NACE 93, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.6%▼ -0.1 percentage points vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.5%▼ -0.1 percentage points vs 04-2025 06-2025: 1.7%▲ +0.2 percentage points vs 05-2025 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025 08-2025: 2.0%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -1.5 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026lowest value 04-2026: 0.5%● unchanged vs 03-2026lowest value 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.4%▲ +0.4 percentage points vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.28 (0.28 in 2023), below 1. Short-term debt is 167.7% and cash 1.9% of total assets. Equity is negative.
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 93, micro). It does better than 9% of them on solvency, 5% on liquidity, 66% on profitability and 56% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 14-08-2025)
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €188,751
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.28, cash €3,532
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 3001 sector peers (2024).
NBB · sector comparison
Position among 3001 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 13 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
13 days late
2023
67 days late
2022
92 days late
2021
30 days late
2017
31 days late
2016
27 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 34 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€177,793 View
  • Caution: Less equity than 95% of companies in sports and recreationsector median €32,578 · 3,005 companies -€177,793 View

Recent changes

  1. · Gazette deed Purpose · Amendment of the articles · Legal-form change · Resignations & appointments
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as POPULIERENDAL: equestrian clubs (NACE 93127). They are comparable in size and age: total assets between €154,000 and €312,000, founded between 1987 and 1998.

CompanyTotal assetsGross margin
POPULIERENDAL Grimbergen€188,751€41,578
Manège L'Arc-en-Ciel Thuin€162,513€38,729
PEGASUS, THE FLYING HORSE Sint-Pieters-Leeuw€207,147€38,654
Ecuries Saint-Martin Merbes-le-Château€259,268€32,593
EQUINOBLI Zwevegem€312,006€36,140
BAILLIEU ROGER Blankenberge€293,863€23,467
LE HARAS DU BOULY Châtelet€154,216€25,549
Full comparison

Key facts about POPULIERENDAL

What is the company number of POPULIERENDAL?
The company number of POPULIERENDAL is 0431.166.582. The VAT number is the same number with BE in front: BE 0431.166.582.
Where is POPULIERENDAL based?
The registered office is at Oude Schapenbaan 134, 1850 Grimbergen.Company details
What does POPULIERENDAL do?
According to the KBO register, the main activity is equestrian clubs (NACE 93127).
What is the legal form of POPULIERENDAL?
The legal form of POPULIERENDAL is Private limited company (BV).
When was POPULIERENDAL founded?
POPULIERENDAL was founded on 12-05-1987.
Is POPULIERENDAL still active?
Yes, POPULIERENDAL is an active enterprise in the KBO register.
What is the turnover of POPULIERENDAL?
The turnover in financial year 2024 is ≈ €170,000. This figure is estimated from the gross margin of €41,578 and 2,954 comparable companies of the same size. It probably lies between €100,000 and €300,000. It is a rough estimate.Financials
Is POPULIERENDAL profitable?
In financial year 2024, POPULIERENDAL made a profit of €14,685.
Where can I find the annual accounts of POPULIERENDAL?
POPULIERENDAL filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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