Equity
€12.9m ▲ 3.3%
POLE POSITION has made a profit without a break since 2020.
POLE POSITION
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €1.9m (2025)
€1.9m▲ 21.7%
lowest -€49,887 (2019)
€418,776▲ 0.8%
peak €18.7m (2013)
€12.9m▲ 3.3%
€11.3m▲ 1.5%
peak 0.2 FTE (2016)
0 FTE
Board2 names since 1994
2 directorsLOOTENS Christel and 1 other
Owners
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from €1.5m to €1.9mCash from €6,926 to €29,014
Key points
from the 2025 annual accountsTurnover
≈ €1.9m estimated
The abbreviated format states no turnover.
Investments
€1.2m 1.5 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.19 was 1.26 in 2024
Short-term debts fell from €1.1m to €1.1m.
Filings
35 annual accounts since 1991
Three of the last ten came late. The 2019 accounts came latest: 20 days after the end of the period.
Position in the sector
€12.9m
More equity than 95% of companies in real estate. Sector median €300,024 · 11,302 companies.
Checked score
95
Excellent
Financially stronger than 61% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,719 companies (NACE 68, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 3.19, cash €29,014
lowers risk
Founded in 1991
Size: total assets €24.6m
Figures for financial year 2025 (filed on 29-06-2026)
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 68, medium-sized). It does better than 72% of them on solvency, 53% on liquidity, 61% on profitability and 59% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,887 companies had the same profile as POLE POSITION has now. Each dot stands for 5 companies, two years later.
97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of POLE POSITION itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,887 companies, not a prediction for POLE POSITION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,200,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.19 (1.26 in 2024), above the usual 1.5. Short-term debt is 4.4% and cash 0.1% of total assets. 47.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
57 days early
2023
34 days early
2022
3 days early
2021
2 days early
2020
25 days early
2019
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- United NRJ 100%score 94equity €51.5m (2025) · 2025 annual accounts of United NRJ
Recent changes
Environmental permit granted
Functiewijziging, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Kortrijk
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0442671871
Capital contribution of €650,000
Appointments: Lootens, Christel Maria Micheline (statutory director) and Sigiez, Hubert Edmond Omer (statutory director) · General meeting of 23-08-2022 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Kortrijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| POLE POSITION Moorslede | €24.6m | €1.9m | 52.7% | 0 |
| V.D.R. - HOLDIMO Erpe-Mere | €25.1m | €2.1m | 73.5% | 0 |
| GOFRA Lier | €27.5m | €1.7m | 53.6% | 0.1 |
| BELFOCA Uccle | €22.8m | €1.6m | -55.9% | 0 |
| Coformaco Real Estate Roeselare | €21.4m | €1.5m | -11.2% | 0 |
| DUPRO Waregem | €26.1m | €2.3m | 46.3% | 0 |
| Domus Knokke-Heist | €21.9m | €1.8m | 16.0% | 0 |
These companies have the same main activity as POLE POSITION: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €21m and €28m, founded between 1975 and 1999.
Official details
Source: KBO- Status
- Active since 25-01-1991Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 2 others
- Establishment unit
- 2.051.697.9738890 Moorslede, since 25-01-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 26-03-2025
Annual accounts 2025
- €24.6m▲ 2.9%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on POLE POSITION
POLE POSITION files the abbreviated format. That format states no turnover. The gross margin rose from €1.0m in 2006 to €1.9m in 2025.
United NRJ holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about POLE POSITION
- What is the company number of POLE POSITION?
- The company number of POLE POSITION is 0442.671.871. The VAT number is the same number with BE in front: BE 0442.671.871.
- Where is POLE POSITION based?
- The registered office is at Beselarestraat 72, 8890 Moorslede.Company details
- What does POLE POSITION do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of POLE POSITION?
- POLE POSITION is a private limited company (BV).
- When was POLE POSITION founded?
- POLE POSITION was founded on 25-01-1991.
- Is POLE POSITION still active?
- Yes, POLE POSITION is an active enterprise in the KBO register.
- What is the turnover of POLE POSITION?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €1.9m and 31 comparable companies (NACE 68201). It probably lies between €1.8m and €2.1m.Financials
- Is POLE POSITION profitable?
- In financial year 2025, POLE POSITION made a profit of €418,776.
- Where can I find the annual accounts of POLE POSITION?
- POLE POSITION filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POLE POSITION due?
- POLE POSITION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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