ACTIVE

POPAY CORPORATE

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Financial year 2025 · closed on 31/12/2025

Net result

-529,5 k €

-47.9% YoY

Gross margin

-124 k €

-78.5% YoY

Equity

-751,3 k €

-238.7% YoY

What does POPAY CORPORATE do?

POPAY CORPORATE is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Merelbeke-Melle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0866.523.170

Incorporation

20/07/2004

Legal form

Private limited company

Registered office

Gentbos 10
9820 Merelbeke-Melle · FlandreSee on map

Contributed capital

91 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74854Other professional, scientific and technical activities 82100Office administrative and support activities 82110Combined office administrative service activities

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

Healthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2012		2011		2009		2008		2007
Income statement
Gross margin	-124 k €	-78.5%	-69,4 k €	+67.4%	-212,8 k €	-317%	97,9 k €	-13.8%	113,5 k €	-17.1%	136,9 k €	-7.2%	147,5 k €	+25.0%	118 k €	-25.0%	157,4 k €	+55.8%	101 k €	+1129%	-9,8 k €	-111%	85,7 k €	+1016%	7,7 k €	+103%	-229 k €	-1035%	24,5 k €	-94.4%	439,5 k €	+292%	112 k €	+87.6%	59,7 k €	+137%	25,1 k €
EBITDA	-172,8 k €	-47.6%	-117,1 k €	+55.0%	-260,1 k €	-580%	54,2 k €	-33.1%	81 k €	-33.8%	122,3 k €	+15.5%	106 k €	+26.5%	83,8 k €	-31.6%	122,4 k €	+81.6%	67,4 k €	+247%	-45,8 k €	-154%	84,7 k €	+1167%	6,7 k €	+103%	-229,5 k €	-1070%	23,7 k €	-94.6%	438 k €	+293%	111,6 k €	+88.3%	59,2 k €	+143%	24,3 k €
Operating result	-485,4 k €	-45.9%	-332,8 k €	+23.1%	-432,5 k €	-247%	-124,8 k €	-38.0%	-90,4 k €	-121%	-41 k €	+47.8%	-78,6 k €	+20.7%	-99,1 k €	-705%	-12,3 k €	+48.2%	-23,7 k €	+78.8%	-112,2 k €	-337%	47,3 k €	+4600%	1 k €	+100%	-233,9 k €	-1231%	20,7 k €	-95.2%	428,5 k €	+298%	107,6 k €	+94.8%	55,2 k €	+145%	22,5 k €
Net result	-529,5 k €	-47.9%	-358,1 k €	-4.7%	-342,2 k €	-303%	-84,8 k €	-441764%	19,2 €	-100.0%	123,7 k €	+273%	-71,4 k €	+17.9%	-86,9 k €	-165%	133,2 k €	+731%	-21,1 k €	+81.4%	-113,6 k €	-446%	32,9 k €	-83.9%	204,8 k €	+649%	-37,3 k €	-244%	25,9 k €	-96.5%	739,9 k €	+966%	69,4 k €	+103%	34,2 k €	+190%	11,8 k €
Balance sheet
Equity	-751,3 k €	-239%	-221,8 k €	-263%	136,2 k €	-71.5%	478,4 k €	-15.1%	563,2 k €	+0.0%	563,2 k €	+28.2%	439,5 k €	-14.0%	510,9 k €	-14.5%	597,8 k €	+28.7%	464,6 k €	-4.3%	485,7 k €	-18.9%	599,3 k €	+5.8%	566,4 k €	+56.6%	361,7 k €	-39.7%	599,9 k €	+0.8%	595,3 k €	+524%	95,4 k €	+114%	44,6 k €	+29.6%	34,4 k €
Total assets	3,6 M €	+30.8%	2,8 M €	+21.6%	2,3 M €	+17.8%	1,9 M €	+28.3%	1,5 M €	-39.6%	2,5 M €	+36.7%	1,8 M €	-6.0%	1,9 M €	-4.2%	2 M €	+7.2%	1,9 M €	+46.7%	1,3 M €	+28.1%	1 M €	+37.7%	733,4 k €	+10.1%	665,9 k €	-19.6%	827,8 k €	-15.1%	975,1 k €	+65.2%	590,3 k €	-35.6%	917 k €	+86.0%	493 k €
Cash	26,6 k €	-44.4%	47,9 k €	-24.7%	63,6 k €	-15.9%	75,6 k €	-37.2%	120,5 k €	-38.2%	194,9 k €	+214%	62 k €	-45.3%	113,3 k €	+27.2%	89,1 k €	+39.0%	64,1 k €	+101%	31,9 k €	-25.9%	43,1 k €	-76.3%	181,4 k €	+59.2%	114 k €	+137%	48,2 k €	-81.3%	257,4 k €	+473%	44,9 k €	-86.6%	334,1 k €	+60.9%	207,7 k €
Debts	4,3 M €	+45.5%	3 M €	+39.2%	2,1 M €	+46.4%	1,5 M €	+54.1%	943,9 k €	-51.2%	1,9 M €	+39.1%	1,4 M €	-3.1%	1,4 M €	+0.1%	1,4 M €	+0.2%	1,4 M €	+77.3%	808,1 k €	+96.7%	410,9 k €	+146%	167 k €	-45.1%	304,2 k €	+33.5%	227,9 k €	-36.6%	359,7 k €	-21.5%	458,5 k €	-24.8%	610,1 k €	+33.0%	458,6 k €
Other
Workforce	–		–		–		–		–		0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP		–		–		–		–		–		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

CHANGE IT

Director · since 20 juillet 2004 · 0479.226.025

Represented by Vandenbussche BERT

Active

KATALIZ

Director · since 20 juillet 2004 · 0863.936.042

Represented by Lamboray PIERRE

Active

Ended mandates

CHANGE IT

Manager · since 03 août 2004 · 0479.226.025

Represented by BERT VANDENBUSSCHE

Ended

KATALIZ

Manager · since 03 août 2004 · 0863.936.042

Ended

OPAYRA

Manager · since 03 août 2004 · 0864.183.787

Ended

CHANGE IT

Manager · 0479.226.025

Represented by Bert Vandenbussche

Ended

At this address

Other companies at this address

Company	CBE no.
CHANGE IT● Active	0479.226.025

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	28/07/2026	29/08/2025	08/08/2024	31/07/2023	30/08/2022	28/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	13/07/2022	28/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	08/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	13/07/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/06/2021	28/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	14/07/2020	Dutch	PDF
Abridged model	31/12/2018	25/06/2019	18/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	14/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	06/08/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	14/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	28/06/2013	Dutch	PDF
Abridged model	30/03/2012	29/09/2012	29/10/2012	Dutch	PDF
Abridged model	30/03/2011	30/09/2011	10/11/2011	Dutch	PDF
Abridged model	31/03/2009	01/07/2009	13/08/2009	Dutch	PDF
Abridged model	31/03/2008	06/09/2008	19/11/2008	Dutch	PDF
Abridged model	31/03/2007	01/09/2007	08/11/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 2 active · 15 ended

Active mandates

CHANGE IT

Director · since 20 juillet 2004 · 0479.226.025

Represented by Vandenbussche BERT

Active

KATALIZ

Director · since 20 juillet 2004 · 0863.936.042

Represented by Lamboray PIERRE

Active

Ended mandates

CHANGE IT

Manager · since 03 août 2004 · 0479.226.025

Represented by BERT VANDENBUSSCHE

Ended

KATALIZ

Manager · since 03 août 2004 · 0863.936.042

Ended

OPAYRA

Manager · since 03 août 2004 · 0864.183.787

Ended

CHANGE IT

Manager · 0479.226.025

Represented by Bert Vandenbussche

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/10/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/08/2015
MAATSCHAPPELIJKE ZETEL
PDF
Other15/01/2013
BOEKJAAR - ALGEMENE VERGADERING - BENAMING
PDF
Mandates26/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/04/2010
KAPITAAL - AANDELEN - BOEKJAAR
PDF
Other03/08/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-529,5 k €↓
2024
Annual accounts 2024-358,1 k €↓
2023
Annual accounts 2023-342,2 k €↓
2022
Annual accounts 2022-84,8 k €↓
2021
Annual accounts 202119,2 €↓
2020
Annual accounts 2020123,7 k €↑
2019
Annual accounts 2019-71,4 k €↑
2018
Annual accounts 2018-86,9 k €↓
2017
Annual accounts 2017133,2 k €↑
2016
Annual accounts 2016-21,1 k €↑
2015
Annual accounts 2015-113,6 k €↓
2014
Annual accounts 201432,9 k €↓
2013
Annual accounts 2013204,8 k €↑
2012
Annual accounts 2012-37,3 k €↓
2012
Annual accounts 201225,9 k €↓
2011
Annual accounts 2011739,9 k €↑
2009
Annual accounts 200969,4 k €↑
2008
Annual accounts 200834,2 k €↑
2007
Annual accounts 200711,8 k €
20/07/2004
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

POPAY CORPORATE

Overview

What does POPAY CORPORATE do?

Trend over 19 financial years

Board of directors

Other companies at this address

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