Pol-Mar-Plast
ActivePol-Mar-Plast has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.87M and a net result of €40k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+1
Solvency66▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.47 in 2024; short-term debt: 51.6% and cash: 5.2% of total assets), but 59.1% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← 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
40.9%
Return on assets
0.9%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 06-05-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
37 d early
2023
39 d early
2021
38 d early
2020
114 d early
2019
130 d early
2018
57 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.87M=
2024 · €1.87M
2018: €1.29M
2019: €1.45M
2020: €1.58M
2021: €1.84M
2023: €1.87M
2024: €1.87M
2018 → 2025
Total assets
€4.57M▼ 2.2%
2024 · €4.67M
2018: €2.93M
2019: €3.41M
2020: €4.16M
2021: €4.03M
2023: €4.84M
2024: €4.67M
2018 → 2025
Net result
€40k▼ 49.0%
2024 · €79k
2018: €412k
2019: €558k
2020: €438k
2021: €555k
2023: €327k
2024: €79k
2018 → 2025
Working capital
€1.20M▲ 7.0%
2024 · €1.12M
2018: €765k
2019: €904k
2020: €864k
2021: €1.59M
2023: €1.66M
2024: €1.12M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€1.58M-€1.84M▲ 16.1%€1.87M▲ 1.5%€1.87M▲ 0.2%€1.87M=
Operating result€585k-€749k▲ 28.1%€621k▼ 17.2%€202k▼ 67.5%€187k▼ 7.4%
Net result€438k-€555k▲ 26.5%€327k▼ 41.0%€79k▼ 75.8%€40k▼ 49.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 7% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.57M
Fixed assets
€1.01M▼ 12.7%
Current assets
€3.56M▲ 1.3%
Equity and liabilities €4.57M
Equity
€1.87M=
Debt
€2.70M▼ 3.6%
The debt ratio falls from 60.0% to 59.1%. Debt is lower.
Key figures and ratios
EBITDA
€400k▼
2024 · €404k
Cash flow
€254k▼
2024 · €282k
Solvency
40.9%▲
2024 · 40.0%
Current ratio
1.51▲
2024 · 1.47
Quick ratio
0.62▲
2024 · 0.54
Debt / equity
1.44▼
2024 · 1.50
ROE
2.2%▼
2024 · 4.2%
ROA
0.9%▼
2024 · 1.7%
Interest coverage
2.64▲
2024 · 2.44
Debt
€2.70M▼
2024 · €2.80M
Debt ≤ 1 year
€2.36M▼
2024 · €2.39M
Debt > 1 year
€340k▼
2024 · €407k
Income taxes
€28k▲
2024 · €25k
Staff costs
€1.44M▼
2024 · €1.62M
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€4.67M€4.57M▼
Fixed assets21/28€1.16M€1.01M▼
Intangible fixed assets21€21k€59k▲
Tangible fixed assets22/27€1.14M€951k▼
Land and buildings22€44k€31k▼
Plant, machinery and equipment23€489k€419k▼
Furniture and vehicles24€108k€67k▼
Leasing and similar rights25€298k€266k▼
Other tangible fixed assets26€196k€168k▼
Financial fixed assets28€270€270=
Current assets29/58€3.51M€3.56M▲
Stocks and contracts in progress3€2.21M€2.10M▼
Stocks30/36€2.21M€2.10M▼
Amounts receivable within one year40/41€824k€1.20M▲
Trade receivables40€569k€658k▲
Other amounts receivable41€255k€540k▲
Cash at bank and in hand54/58€437k€238k▼
Deferred charges and accrued income490/1€41k€26k▼
Equity and liabilities
Total equity and liabilities10/49€4.67M€4.57M▼
Equity10/15€1.87M€1.87M=
Contributions10/11€20k€20k=
Reserves13€1.85M€1.85M=
Tax-exempt reserves132€56k€56k=
Distributable reserves133€1.79M€1.79M=
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€2.80M€2.70M▼
Amounts payable after more than one year17€407k€340k▼
Financial debts170/4€407k€340k▼
Amounts payable within one year42/48€2.39M€2.36M▼
Current portion of amounts payable after more than one year42€280k€224k▼
Financial debts43€1.20M€1.05M▼
Credit institutions430/8€1.20M€1.05M▼
Trade debts44€448k€742k▲
Suppliers440/4€448k€742k▲
Taxes, remuneration and social security45€315k€302k▼
Taxes450/3€92k€113k▲
Remuneration and social security454/9€224k€189k▼
Other amounts payable47/48€148k€40k▼
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Non-recurring operating income76A€78€0▼
Remuneration, social security and pensions62€1.62M€1.44M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€203k€213k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€13k
Other operating charges640/8€6k€5k▼
Non-recurring operating charges66A€34k€0▼
Gross operating margin9900€2.07M€1.85M▼
Operating profit (loss)9901€202k€187k▼
Financial income75/76B€68k€34k▼
Recurring financial income75€68k€34k▼
Financial charges65/66B€166k€152k▼
Recurring financial charges65€166k€152k▼
Profit (loss) for the period before taxes9903€104k€69k▼
Income taxes67/77€25k€28k▲
Profit (loss) for the period9904€79k€40k▼
Profit (loss) for the period to be appropriated9905€79k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€40k▼
Transfer to equity691/2€4k€369▼
To the legal reserve6920€4k€369▼
Profit to be distributed694/7€75k€40k▼
Return on contributions (dividend)694€75k€40k▼
Social balance
Average headcount (FTE)908730.825.8▼
The notes to these accounts (18 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
2026
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-10
Financial
Weakest financial yearnet €40k ▼49%
Net result drops to €40k, the lowest in the series.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €558k ▲35.6%
Operating result €782k, net result €558k, both a record.
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Waregem · 1 establishment unit since 2019
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.
Groenbek 208790 WaregemGround area
1.0 ha
Building footprint
7,752 m²
Volume, LiDAR
34,880 m³
Parcel 34453E0341/00A000, Flanders · tallest building 13.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pol-Mar-Plast
since 20192.295.152.335
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453E0341/00A000 | Flanders | 1.0 ha | 1 · 7,752 m² | 13.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2022 to 2025 · 4 entries · 2,535 EUR awarded · 2,535 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,514 EUR | 1,514 EUR |
| 2024 | 1 | 314 EUR | 314 EUR |
| 2023 | 1 | 0 EUR | 707 EUR |
| 2022 | 1 | 707 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 629 companies in sector 22240 we hold annual accounts for 360. 159 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-1985
Fiscal year end31-10
Activities, NACEBEL
22240Manufacture of rubber and plastic products
22260Manufacture of rubber and plastic products
25240
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.