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POPPE Services

Active
Tieltsesteenweg 201 ·9900 Eeklo, Belgium
KBO/BCE: BE 1002.076.811
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Belgian State Gazette acts: 0 of 1 read
Age2 yrs
Real estate1 parcel · 4,930 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of POPPE Services is 3.3% (moderate). The 2025 annual accounts show equity of €8k and a net result of €-12k. Its solvency ranks better than 11% of 2905 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.3% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 2905 sector peers (2025).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 31-03. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-03-2025 31-10-2025 28-10-2025 3 d early 2025-00552931

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-12k
Working capital€-74k

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 28-10-2025 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 5.9% 43.4%
better than 11% of 2905 sector peers
Net result €-12k €13k
better than 7% of 2904 sector peers
Equity €8k €44k
better than 16% of 2905 sector peers
Gross operating margin €6k €39k
better than 13% of 2902 sector peers
Total assets €140k €115k
better than 58% of 2905 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2025
Depositmicro
Revenue-
EBITDA€5k
Net profit€-12k
Cash flow€2k
Staff costs-
Income taxes-
Dividends-
Total assets€140k
Equity€8k
Debt€132k
of which ≤ 1y€116k
of which > 1y€16k
Working capital€-74k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.36
Quick ratio0.21
Working capital ratio-52.6%
Solvency5.9%
Debt / equity16.06
Long-term debt ratio1.96
Interest coverage1.77
Gross margin-
Net margin-
ROA-8.4%
ROE-143.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€140k
Fixed assets 21/28€98k
Tangible fixed assets 22/27€98k
Current assets 29/58€42k
Stocks & contracts in progress 3€18k
Amounts receivable within one year 40/41€24k
Cash & bank 54/58€373
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€140k
Equity 10/15€8k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€-12k
Amounts payable 17/49€132k
Amounts payable after one year 17€16k
Amounts payable within one year 42/48€116k
Trade debts payable within one year 44€19k
Income statement
Gross operating margin 9900€6k
Operating result 9901€-9k
Financial income 75€14
Financial charges 65€3k
Result before taxes 9903€-12k
Net result for the period 9904€-12k
Result to be appropriated 9905€-12k
Ratios computed by Checked.

Health barometer

FY 2025 · computed
18 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Establishment units

1 location
POPPE Services
Tieltsesteenweg 201, 9900 EekloAlgemene elektrotechnische installatiewerken
since 20232.352.685.807
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area4,930 m²
Buildings1
Building footprint1,161 m²
Volume (LiDAR)7,299 m³
Tallest building7.9 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43352F0527/00_000 Flanders 4,930 m² 1 · 1,161 m² 7.8 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health18Profitability0Solvency4Growth-Stability67
22 / 100

Fragile profile, watch profitability in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 18
Profitability 0
Solvency 4
Growth -
Stability 67

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 1,450 of the 9,502 companies in this sector. 873 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Reparatie en onderhoud van machines33120Algemene elektrotechnische installatiewerken43211Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)95311Groothandel in machines, werktuigen en toebehoren voor de landbouw46610
Primary activity highlighted.
Names & trade names
Legal nameNL POPPE Services
Registered office
Tieltsesteenweg 201
9900 Eeklo, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.