National Gent Performance Polymers
ActiveNational Gent Performance Polymers has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.33M and a net result of €487k. Equity is growing by ~74.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 111 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency88▲+17
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.47 in 2024; short-term debt: 36.1% and cash: 10.4% of total assets), and 36.9% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Sector 20
lower
← fewer bankruptcies
more bankruptcies →
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
63.1%
Return on assets
23.2%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 04-11-2025, 26 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
26 d early
2024
5 d early
2023
50 d early
2022
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close23-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.33M▲ 51.6%
2024 · €874k
2022: €59k
2023: €304k
2024: €874k
2022 → 2025
Total assets
€2.10M▲ 10.2%
2024 · €1.91M
2022: €1.56M
2023: €1.49M
2024: €1.91M
2022 → 2025
Net result
€487k▼ 17.8%
2024 · €592k
2022: €39k
2023: €92k
2024: €592k
2022 → 2025
Working capital
€547k▲ 12.5%
2024 · €486k
2022: €-324k
2023: €-105k
2024: €486k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€59k-€304k▲ 414%€874k▲ 188%€1.33M▲ 51.6%
Operating result€50k-€198k▲ 297%€820k▲ 315%€699k▼ 14.8%
Net result€39k-€92k▲ 134%€592k▲ 547%€487k▼ 17.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.10M
Fixed assets
€794k▲ 105%
Current assets
€1.31M▼ 14.0%
Equity and liabilities €2.10M
Equity
€1.33M▲ 51.6%
Debt
€774k▼ 25.0%
The debt ratio falls from 54.1% to 36.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€880k▼
2024 · €959k
Cash flow
€668k▼
2024 · €732k
Solvency
63.1%▲
2024 · 45.9%
Current ratio
1.72▲
2024 · 1.47
Quick ratio
1.54▲
2024 · 1.34
Debt / equity
0.58▼
2024 · 1.18
ROE
36.7%▼
2024 · 67.7%
ROA
23.2%▼
2024 · 31.1%
Interest coverage
56.21▲
2024 · 40.11
Debt
€774k▼
2024 · €1.03M
Debt ≤ 1 year
€759k▼
2024 · €1.03M
Income taxes
€196k▼
2024 · €204k
Staff costs
€488k▲
2024 · €477k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.91M€2.10M▲
Fixed assets21/28€388k€794k▲
Tangible fixed assets22/27€384k€794k▲
Land and buildings22-€560k
Plant, machinery and equipment23€339k€230k▼
Furniture and vehicles24€6k€4k▼
Assets under construction and advance payments27€39k€0▼
Financial fixed assets28€4k€0▼
Current assets29/58€1.52M€1.31M▼
Stocks and contracts in progress3€137k€137k▲
Stocks30/36€137k€137k▲
Amounts receivable within one year40/41€866k€945k▲
Trade receivables40€848k€918k▲
Other amounts receivable41€18k€27k▲
Cash at bank and in hand54/58€511k€219k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.91M€2.10M▲
Equity10/15€874k€1.33M▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€854k€1.31M▲
Amounts payable17/49€1.03M€774k▼
Amounts payable within one year42/48€1.03M€759k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€228k€237k▲
Suppliers440/4€228k€237k▲
Taxes, remuneration and social security45€74k€91k▲
Taxes450/3€49k€65k▲
Remuneration and social security454/9€25k€26k▲
Other amounts payable47/48€730k€430k▼
Accrued charges and deferred income492/3-€15k
Income statement
Code20242025
Remuneration, social security and pensions62€477k€488k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139k€181k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€1.44M€1.37M▼
Operating profit (loss)9901€820k€699k▼
Financial income75/76B€100€155▲
Recurring financial income75€100€155▲
Financial charges65/66B€24k€16k▼
Recurring financial charges65€24k€16k▼
Profit (loss) for the period before taxes9903€796k€684k▼
Income taxes67/77€204k€196k▼
Profit (loss) for the period9904€592k€487k▼
Profit (loss) for the period to be appropriated9905€592k€487k▼
Appropriation of the result
Profit (loss) to be appropriated9906€876k€1.34M▲
Profit (loss) brought forward from the previous period14P€284k€854k▲
Profit to be distributed694/7€21k€36k▲
Other beneficiaries697€21k€36k▲
Social balance
Average headcount (FTE)90877.97.9=
The notes to these accounts (13 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
2025
04-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-04
Financial
Equity above €1MEq €1.33M ▲51.6%
4 profitable years in a row build equity to €1.33M.
2024
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-04
Financial
Highest result since 2022net €592k ▲547%
Operating result €820k, net result €592k, both a record.
30-04
Financial
Equity above €500kEq €874k ▲188%
3 profitable years in a row build equity to €874k.
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-04
Financial
Equity above €200kEq €304k ▲414%
2 profitable years in a row build equity to €304k.
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2020
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.
Pantserschipstraat 2819000 GentGround area
10.8 ha
Building footprint
2.0 ha
Volume, LiDAR
236,541 m³
2 parcels, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
National Gent Performance Polymers
since 20202.308.492.904
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813S0320/00X002 | Flanders | 8.6 ha | 1 · 17 m² | 3.1 m · 1 fl. |
| 44813B0016/00C005 | Flanders | 2.2 ha | 1 · 2.0 ha | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2024 · 1 entry · 795 EUR awarded · 795 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 795 EUR | 795 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 139 companies in sector 20160 we hold annual accounts for 95. 50 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end30-04
Activities, NACEBEL
20160Manufacture of chemicals and chemical products
20170Manufacture of chemicals and chemical products
22110Manufacture of rubber and plastic products
22210Manufacture of rubber and plastic products
46861Wholesale of diamonds and other precious stones
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.