ACTIVE

POPINA

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Financial year 2025 · closed on 31/12/2025

Net result

48,2 k €

-51.5% YoY

Gross margin

195,4 k €

-32.2% YoY

Equity

1 M €

-11.7% YoY

What does POPINA do?

POPINA is a Private limited company incorporated in 1990. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Maldegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.395.638

Incorporation

20/04/1990

Legal form

Private limited company

Registered office

Kraailokerkweg 19
9990 Maldegem · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

55301Camping grounds, recreational vehicle parks and trailer parks· main 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	195,4 k €	-32.2%	288,3 k €	-28.9%	405,5 k €	+192%	139 k €	-61.4%	360 k €	-58.6%	870,1 k €	-19.2%	1,1 M €	-7.9%	1,2 M €	+5.6%	1,1 M €	+16.3%	951,4 k €	+10.9%	857,6 k €	+6.3%	806,7 k €	+9.2%	738,8 k €	-17.2%	891,9 k €	+8.1%	825,1 k €	+1.5%	812,9 k €	+27.9%	635,5 k €	+51.5%	419,6 k €	+20.4%	348,6 k €	+33.3%	261,5 k €
EBITDA	188,3 k €	-33.2%	282 k €	-29.4%	399,7 k €	+200%	133,4 k €	-44.6%	240,7 k €	-36.9%	381,4 k €	+24.8%	305,6 k €	-32.5%	452,4 k €	+22.0%	370,9 k €	+6.7%	347,5 k €	-18.4%	425,9 k €	+19.2%	357,4 k €	-10.6%	399,6 k €	-4.9%	420,3 k €	+4.2%	403,2 k €	-0.7%	405,8 k €	+18.1%	343,7 k €	+72.8%	198,9 k €	+20.1%	165,7 k €	+52.5%	108,6 k €
Operating result	73,2 k €	-53.9%	158,8 k €	-42.2%	274,7 k €	+1384%	-21,4 k €	-131%	70,1 k €	-71.0%	241,8 k €	+46.6%	164,9 k €	-43.5%	292,1 k €	+87.0%	156,2 k €	+47.0%	106,2 k €	-42.4%	184,3 k €	+77.3%	103,9 k €	-44.5%	187,3 k €	-6.9%	201 k €	+21.4%	165,6 k €	+15.0%	143,9 k €	+10.3%	130,5 k €	+316%	31,4 k €	-45.1%	57,1 k €	+31.8%	43,3 k €
Net result	48,2 k €	-51.5%	99,5 k €	-44.1%	177,8 k €	+14573%	-1,2 k €	-100%	669,2 k €	+309%	163,6 k €	+86.1%	87,9 k €	-51.7%	182,1 k €	+137%	76,7 k €	+83.5%	41,8 k €	-47.8%	80 k €	+150%	32,1 k €	-65.1%	91,9 k €	+11.2%	82,6 k €	+45.5%	56,8 k €	+14.2%	49,7 k €	-4.4%	52 k €	+1251%	3,8 k €	-81.1%	20,4 k €	+67.3%	12,2 k €
Balance sheet
Equity	1 M €	-11.7%	1,1 M €	+1.0%	1,1 M €	-0.4%	1,1 M €	-6.4%	1,2 M €	+106%	591,4 k €	-6.4%	631,8 k €	+16.2%	543,9 k €	+50.3%	361,8 k €	-37.1%	574,9 k €	+7.8%	533,1 k €	+17.7%	453 k €	+7.6%	421 k €	+16.5%	361,3 k €	+29.7%	278,6 k €	+25.6%	221,9 k €	+28.9%	172,1 k €	+43.3%	120,1 k €	+3.3%	116,3 k €	+21.2%	95,9 k €
Total assets	2,3 M €	-3.3%	2,4 M €	-1.6%	2,4 M €	+1.3%	2,4 M €	+1.3%	2,3 M €	+58.7%	1,5 M €	-2.4%	1,5 M €	-9.1%	1,7 M €	+1.3%	1,6 M €	-7.8%	1,8 M €	-10.2%	2 M €	-6.3%	2,1 M €	+13.1%	1,9 M €	-2.1%	1,9 M €	-6.9%	2,1 M €	-2.7%	2,1 M €	+54.6%	1,4 M €	+12.3%	1,2 M €	+79.4%	678,1 k €	+81.7%	373,1 k €
Cash	16,7 k €	-69.0%	54 k €	-42.0%	93,1 k €	-65.0%	265,8 k €	-49.4%	525,4 k €	+248%	150,8 k €	-24.6%	199,9 k €	+31.5%	152,1 k €	+176%	55,2 k €	+67.8%	32,9 k €	-73.2%	122,6 k €	+1454%	7,9 k €	-88.2%	66,7 k €	-4.1%	69,5 k €	+201%	23,1 k €	-73.1%	85,9 k €	-25.7%	115,6 k €	+1667%	6,5 k €	-68.4%	20,7 k €	+227%	6,3 k €
Debts	1,2 M €	+5.6%	1,1 M €	-3.9%	1,2 M €	+3.7%	1,1 M €	+12.1%	990,5 k €	+12.5%	880,7 k €	+0.6%	875,8 k €	-21.9%	1,1 M €	-12.6%	1,3 M €	+6.1%	1,2 M €	-16.8%	1,5 M €	-12.8%	1,7 M €	+14.7%	1,5 M €	-6.4%	1,6 M €	-12.6%	1,8 M €	-6.0%	1,9 M €	+58.5%	1,2 M €	+8.8%	1,1 M €	+95.1%	561,9 k €	+103%	277,2 k €
Other
Workforce	–		–		–		–		5,2 ETP	-60.0%	13,0 ETP	-19.3%	16,1 ETP	-1.8%	16,4 ETP	+8.6%	15,1 ETP	-3.2%	15,6 ETP	+30.0%	12,0 ETP	+0.8%	11,9 ETP	+50.6%	7,9 ETP	-33.6%	11,9 ETP	+5.3%	11,3 ETP	-7.4%	12,2 ETP	+32.6%	9,2 ETP	+46.0%	6,3 ETP	-7.4%	6,8 ETP	+54.5%	4,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Annouk Van Landschoot

Director

Active

Ended mandates

Annouk Van Landschoot

Manager · since 02 janvier 2017

Ended

Peter De Clercq

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	29/08/2025	01/07/2024	20/07/2023	31/08/2022	29/07/2021
General meeting	25/05/2026	26/05/2025	27/05/2024	30/05/2023	30/05/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/05/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	01/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/05/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/05/2020	02/06/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	28/05/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	29/03/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	22/04/2016	31/05/2016	Dutch	PDF
Abridged model	31/12/2014	25/05/2015	03/08/2015	Dutch	PDF
Abridged model	31/12/2013	29/03/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	29/03/2013	23/08/2013	Dutch	PDF
Abridged model	31/12/2011	28/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	01/09/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	31/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Annouk Van Landschoot

Director

Active

Ended mandates

Annouk Van Landschoot

Manager · since 02 janvier 2017

Ended

Peter De Clercq

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/05/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/01/2018
KAPITAAL - AANDELEN
PDF
Mandates10/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares29/12/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202548,2 k €↓
2024
Annual accounts 202499,5 k €↓
2023
Annual accounts 2023177,8 k €↑
2022
Annual accounts 2022-1,2 k €↓
2021
Annual accounts 2021669,2 k €↑
2020
Annual accounts 2020163,6 k €↑
2019
Annual accounts 201987,9 k €↓
2018
Annual accounts 2018182,1 k €↑
2017
Annual accounts 201776,7 k €↑
2016
Annual accounts 201641,8 k €↓
2015
Annual accounts 201580 k €↑
2014
Annual accounts 201432,1 k €↓
2013
Annual accounts 201391,9 k €↑
2012
Annual accounts 201282,6 k €↑
2011
Annual accounts 201156,8 k €↑
2010
Annual accounts 201049,7 k €↓
2009
Annual accounts 200952 k €↑
2008
Annual accounts 20083,8 k €↓
2007
Annual accounts 200720,4 k €↑
2006
Annual accounts 200612,2 k €
20/04/1990
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

POPINA

Overview

What does POPINA do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline