The Pots Company
ActiveSummary
The Pots Company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.47M and a net result of €403k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 25% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+42
Solvency48▲+10
Growth35=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.14 in 2024; short-term debt: 76.7% and cash: 10% of total assets), and 77.4% 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 · 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
22.6%
Return on assets
6.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 4867 sector peers (2025).
NBB · sector comparisonPosition among 4867 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
28 d late
2024
29 d early
2023
13 d early
2022
28 d early
2021
18 d early
2020
19 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.46M▲ 2.5%
2024 · €14.11M
2021: €25.01M
2022: €13.68M
2023: €6.44M
2024: €14.11M
2021 → 2025
EBIT margin
4.2%▲ 5.6pp
2024 · -1.4%
2021: 12.1%
2022: 5.7%
2023: -33.5%
2024: -1.4%
2021 → 2025
Net result
€403k
2024 · €-385k
2020: €992k
2021: €2.12M
2022: €522k
2023: €-2.28M
2024: €-385k
2020 → 2025
Working capital
€1.23M▲ 32.9%
2024 · €927k
2020: €737k
2021: €2.50M
2022: €3.30M
2023: €1.18M
2024: €927k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€25.01M-€13.68M▼ 45.3%€6.44M▼ 52.9%€14.11M▲ 119%€14.46M▲ 2.5%
Equity€3.01M-€3.73M▲ 24.0%€1.45M▼ 61.0%€1.07M▼ 26.5%€1.47M▲ 37.7%
Operating result€3.03M-€778k▼ 74.3%€-2.16M€-203k▲ 90.6%€608k
Net result€2.12M-€522k▼ 75.3%€-2.28M€-385k▲ 83.1%€403k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €608k after a loss of €203k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.50M
Fixed assets
€282k ▼ 14.3%
Current assets
€6.22M ▼ 18.9%
Equity and liabilities €6.50M
Equity
€1.47M ▲ 37.7%
Debt
€5.03M ▼ 27.4%
Debt's share of the balance-sheet total falls from 86.7% to 77.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€681k▲
2024 · €-131k
Cash flow
€475k▲
2024 · €-314k
Current ratio
1.25▲
2024 · 1.14
Quick ratio
0.68▲
2024 · 0.57
Debt to equity
3.42▼
2024 · 6.49
ROE
27.4%▲
2024 · -36.1%
ROA
6.2%▲
2024 · -4.8%
Interest coverage
4.53▲
2024 · -0.65
Debt ≤ 1 year
€4.99M▼
2024 · €6.75M
Income taxes
€1k▼
2024 · €9k
Staff costs
€711k▼
2024 · €802k
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 · 2025 against 2024 · 71 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.00M€6.50M▼
Fixed assets21/28€329k€282k▼
Intangible fixed assets21€131k€112k▼
Tangible fixed assets22/27€198k€170k▼
Plant, machinery and equipment23€60k€54k▼
Furniture and vehicles24€25k€20k▼
Other tangible fixed assets26€113k€95k▼
Current assets29/58€7.67M€6.22M▼
Stocks and contracts in progress3€3.82M€2.83M▼
Stocks30/36€3.82M€2.83M▼
Raw materials and consumables30/31€112k€97k▼
Goods purchased for resale34€3.71M€2.73M▼
Amounts receivable within one year40/41€3.48M€2.74M▼
Trade receivables40€3.20M€2.47M▼
Other amounts receivable41€283k€269k▼
Cash at bank and in hand54/58€287k€647k▲
Deferred charges and accrued income490/1€90k€7k▼
Equity and liabilities
Total equity and liabilities10/49€8.00M€6.50M▼
Equity10/15€1.07M€1.47M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€1.20M€1.20M=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€1.19M€1.19M=
Profit (loss) carried forward14€-232k€170k▲
Amounts payable17/49€6.93M€5.03M▼
Amounts payable within one year42/48€6.75M€4.99M▼
Financial debts43€3.90M€3.00M▼
Credit institutions430/8€3.70M€2.55M▼
Other loans439€200k€450k▲
Trade debts44€2.63M€1.68M▼
Suppliers440/4€2.63M€1.68M▼
Advances received on contracts in progress46€139k€198k▲
Taxes, remuneration and social security45€77k€112k▲
Taxes450/3€3k€11k▲
Remuneration and social security454/9€75k€101k▲
Accrued charges and deferred income492/3€187k€43k▼
Income statement
Code20242025
Operating income70/76A€14.11M€14.47M▲
Turnover70€14.11M€14.46M▲
Other operating income74€2k€9k▲
Non-recurring operating income76A€308-
Operating charges60/66A€14.31M€13.86M▼
Goods for resale, raw materials and consumables60€7.48M€7.86M▲
Purchases600/8€8.06M€6.93M▼
Change in stocks: decrease (increase)609€-578k€925k▲
Services and other goods61€5.48M€5.16M▼
Remuneration, social security and pensions62€802k€711k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€73k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€130k€61k▼
Other operating charges640/8€6k€2k▼
Non-recurring operating charges66A€347k-
Operating profit (loss)9901€-203k€608k▲
Financial income75/76B€68k€19k▼
Recurring financial income75€68k€19k▼
Income from current assets751-€15k
Other financial income752/9€68k€4k▼
Financial charges65/66B€241k€224k▼
Recurring financial charges65€241k€224k▼
Debt charges650€202k€150k▼
Other financial charges652/9€38k€73k▲
Profit (loss) for the period before taxes9903€-376k€404k▲
Income taxes67/77€9k€1k▼
Taxes670/3€9k€1k▼
Tax adjustments and reversals of tax provisions77-€322
Profit (loss) for the period9904€-385k€403k▲
Profit (loss) for the period to be appropriated9905€-385k€403k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-232k€170k▲
Profit (loss) brought forward from the previous period14P€153k€-232k▼
Social balance
Average headcount (FTE)908710.67.8▼
The notes to these accounts (46 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
31-12
Financial
Back to profitnet €403k
Net result €403k after 2 loss-making years.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-2.28M ▼536%
Net result drops to €-2.28M, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2020net €2.12M ▲113%
Operating result €3.03M, net result €2.12M, both a record.
31-12
Financial
Equity above €2MEq €3.01M ▲237%
2 profitable years in a row build equity to €3.01M.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kortrijk · 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.
Evolis(Kor) 1008500 KortrijkGround area
152 m²
Parcel 34353B0377/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
The Pots Company
since 20192.300.458.532
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0377/00L000 | Flanders | 152 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 31,259 EUR awarded · 30,995 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 440 EUR | 176 EUR |
| 2022 | 2 | 30,819 EUR | 30,819 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
984500EQBFBAE0455K03
Similar companies · same sector, comparable size
PSP GIFTS & PROMOTIONS
BE 0821.260.002
Geraardsbergen · Eq €1.19M
BERGHOFF BELGIUM
BE 0870.414.949
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NKZ
BE 0506.831.730
Kortrijk · Eq €774k
DE KORTRIJKSE ZILVERCENTRALE
BE 0454.959.791
Kortrijk · Eq €2.98M
CHRIS OLIVER
BE 0442.286.544
Namur · Eq €642k
Of 61 companies in sector 46441 we hold annual accounts for 40. 20 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-04-2019
Fiscal year end31-12
Abbreviation NL
TPC
Activities, NACEBEL 2025
46441Wholesale trade
46499Wholesale of other household goods
47553Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.