POLANN
ActiveSummary
POLANN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €744,297 and a net result of €53,877. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 87% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 8.18 against 8.97 in 2024; short-term debt: 7.8% and cash: 0.9% of total assets), and 9.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
90.8%
Return on assets
6.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-10-2025, 100 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
100 d early
2024
on the day
2023
1 d early
2022
18 d early
2021
3 d early
2020
4 d early
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 28 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€744,297▲ 7.4%
2024 · €692,875
Total assets
€819,764▲ 8.9%
2024 · €752,571
Net result
€53,877▼ 40.9%
2024 · €91,169
Working capital
€459,980▲ 22.6%
2024 · €375,211
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€49,588▼ 0.3%€72,089▲ 45.4%€91,149▲ 26.4%€121,067▲ 32.8%€70,842▼ 41.5%
Net result€33,214within the sector's middle half▲ 15.3%€48,900within the sector's middle half▲ 47.2%€62,516within the sector's middle half▲ 27.8%€91,169above the sector's middle half▲ 45.8%€53,877within the sector's middle half▼ 40.9%
Equity€497,567within the sector's middle half▲ 6.5%€543,800within the sector's middle half▲ 9.3%€603,649within the sector's middle half▲ 11.0%€692,875above the sector's middle half▲ 14.8%€744,297within the sector's middle half▲ 7.4%
Total assets€531,234within the sector's middle half▼ 4.8%€581,958within the sector's middle half▲ 9.5%€664,838within the sector's middle half▲ 14.2%€752,571above the sector's middle half▲ 13.2%€819,764within the sector's middle half▲ 8.9%
Debt€17,557▼ 76.3%€23,219▲ 32.3%€47,423▲ 104%€47,103▼ 0.7%€64,046▲ 36.0%
Working capital€86,146within the sector's middle half▲ 288%€159,904within the sector's middle half▲ 85.6%€254,311within the sector's middle half▲ 59.0%€375,211above the sector's middle half▲ 47.5%€459,980above the sector's middle half▲ 22.6%
Solvency93.7%above the sector's middle half▲ 10.0pp93.4%above the sector's middle half▼ 0.2pp90.8%above the sector's middle half▼ 2.6pp92.1%above the sector's middle half▲ 1.3pp90.8%above the sector's middle half▼ 1.3pp
Current ratio5.91above the sector's middle half▲ 4.617.89above the sector's middle half▲ 1.986.36above the sector's middle half▼ 1.528.97above the sector's middle half▲ 2.608.18above the sector's middle half▼ 0.78
Return on assets (ROA)6.3%within the sector's middle half▲ 1.1pp8.4%within the sector's middle half▲ 2.2pp9.4%within the sector's middle half▲ 1.0pp12.1%within the sector's middle half▲ 2.7pp6.6%within the sector's middle half▼ 5.5pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €819,764
Fixed assets
€295,739 ▼ 10.5%
Current assets
€524,025 ▲ 24.1%
Equity and liabilities €819,764
Equity
€744,297 ▲ 7.4%
Provisions
€11,421 ▼ 9.3%
Debt
€64,046 ▲ 36.0%
Debt's share of the balance-sheet total rises from 6.3% to 7.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€105,360▼
2024 · €155,964
Cash flow
€88,396▼
2024 · €126,066
Quick ratio
7.94▼
2024 · 8.64
Debt to equity
0.09▲
2024 · 0.07
ROE
7.2%▼
2024 · 13.2%
Interest coverage
2420.97▲
2024 · 611.53
Debt ≤ 1 year
€64,046▲
2024 · €47,103
Income taxes
€31,122▼
2024 · €38,464
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,554 | €35,249 | €35,730 | €34,897 | €34,519 | ▼ 1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€10,000 | - | - | - | - |
| Other operating charges640/8 | - | €4,881 | €5,131 | €5,738 | €5,874 | ▲ 2.4% |
| Gross operating margin9900 | €99,065 | €102,219 | €132,011 | €161,702 | €111,235 | ▼ 31.2% |
| Operating profit (loss)9901 | €49,588 | €72,089 | €91,149 | €121,067 | €70,842 | ▼ 41.5% |
| Financial income75/76B | - | €629 | €2,884 | €7,648 | €13,620 | ▲ 78.1% |
| Recurring financial income75 | €69 | €629 | €2,884 | €7,648 | €13,620 | ▲ 78.1% |
| Financial charges65/66B | - | €38 | €260 | €255 | €636 | ▲ 149% |
| Recurring financial charges65 | €575 | €38 | €260 | €255 | €44 | ▼ 82.9% |
| Non-recurring financial charges66B | - | - | - | - | €592 | - |
| Profit (loss) for the period before taxes9903 | €49,183 | €72,680 | €93,774 | €128,460 | €83,827 | ▼ 34.7% |
| Transfer from deferred taxes780 | - | €1,172 | €1,172 | €1,172 | €1,172 | = |
| Income taxes67/77 | €17,141 | €24,952 | €32,431 | €38,464 | €31,122 | ▼ 19.1% |
| Profit (loss) for the period9904 | €33,214 | €48,900 | €62,516 | €91,169 | €53,877 | ▼ 40.9% |
| Transfer from tax-exempt reserves789 | - | €3,517 | €3,517 | €3,517 | €3,517 | = |
| Transfer to tax-exempt reserves689 | - | - | - | €42,100 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €36,731 | €52,417 | €66,033 | €52,586 | €57,394 | ▲ 9.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €531,234 | €581,958 | €664,838 | €752,571 | €819,764 | ▲ 8.9% |
| Fixed assets21/28 | €427,531 | €398,835 | €363,105 | €330,257 | €295,739 | ▼ 10.5% |
| Tangible fixed assets22/27 | €426,985 | €398,165 | €362,435 | €329,587 | €295,069 | ▼ 10.5% |
| Land and buildings22 | - | €396,916 | €361,723 | €327,176 | €293,031 | ▼ 10.4% |
| Plant, machinery and equipment23 | - | €1,249 | €711 | €2,411 | €2,037 | ▼ 15.5% |
| Financial fixed assets28 | €546 | €670 | €670 | €670 | €670 | = |
| Current assets29/58 | €103,703 | €183,123 | €301,733 | €422,313 | €524,025 | ▲ 24.1% |
| Stocks and contracts in progress3 | €16,500 | €15,500 | €15,500 | €15,500 | €15,500 | = |
| Stocks30/36 | - | €15,500 | €15,500 | €15,500 | €15,500 | = |
| Amounts receivable within one year40/41 | €75,800 | €105,674 | €206,343 | €393,928 | €495,882 | ▲ 25.9% |
| Trade receivables40 | - | €84,872 | €114,950 | €134,229 | €102,850 | ▼ 23.4% |
| Other amounts receivable41 | - | €20,803 | €91,393 | €259,699 | €393,032 | ▲ 51.3% |
| Cash at bank and in hand54/58 | €11,263 | €61,763 | €79,845 | €12,835 | €7,571 | ▼ 41.0% |
| Deferred charges and accrued income490/1 | - | €186 | €46 | €51 | €5,072 | ▲ 9,920% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €531,234 | €581,958 | €664,838 | €752,571 | €819,764 | ▲ 8.9% |
| Equity10/15 | €497,567 | €543,800 | €603,649 | €692,875 | €744,297 | ▲ 7.4% |
| Contributions10/11 | €306,800 | €306,800 | €306,800 | €306,800 | €306,800 | = |
| Capital10 | - | €306,800 | €306,800 | €306,800 | €306,800 | = |
| Issued capital100 | - | €306,800 | €306,800 | €306,800 | €306,800 | = |
| Reserves13 | €190,767 | €237,000 | €296,849 | €386,075 | €437,497 | ▲ 13.3% |
| Non-distributable reserves130/1 | - | €30,680 | €30,680 | €30,680 | €30,680 | = |
| Legal reserve130 | - | €30,680 | €30,680 | €30,680 | €30,680 | = |
| Tax-exempt reserves132 | - | €46,815 | €43,298 | €81,881 | €78,364 | ▼ 4.3% |
| Distributable reserves133 | - | €159,505 | €222,871 | €273,514 | €328,453 | ▲ 20.1% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €16,111 | €14,938 | €13,766 | €12,594 | €11,421 | ▼ 9.3% |
| Deferred taxes168 | - | €14,938 | €13,766 | €12,594 | €11,421 | ▼ 9.3% |
| Amounts payable17/49 | €17,557 | €23,219 | €47,423 | €47,103 | €64,046 | ▲ 36.0% |
| Amounts payable within one year42/48 | €17,557 | €23,219 | €47,423 | €47,103 | €64,046 | ▲ 36.0% |
| Trade debts44 | €2,311 | €1,051 | €2,076 | €987 | €7,362 | ▲ 646% |
| Suppliers440/4 | - | €1,051 | €2,076 | €987 | €7,362 | ▲ 646% |
| Taxes, remuneration and social security45 | - | €18,448 | €40,642 | €30,857 | €50,290 | ▲ 63.0% |
| Taxes450/3 | - | €18,448 | €40,642 | €30,857 | €50,290 | ▲ 63.0% |
| Other amounts payable47/48 | - | €3,720 | €4,704 | €15,259 | €6,394 | ▼ 58.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,214 | €48,900 | €62,516 | €91,169 | €53,877 | ▼ 40.9% |
| + Depreciation and write-downs630 | €34,554 | €35,249 | €35,730 | €34,897 | €34,519 | ▼ 1.1% |
| Operating cash flow (approximation) | €67,768 | €84,149 | €98,246 | €126,066 | €88,396 | ▼ 29.9% |
| Investment in fixed assets (approximation) | - | -€6,552 | €0 | -€2,050 | €0 | ▲ 100% |
| Change in cash | - | €50,500 | €18,082 | -€67,009 | -€5,264 | ▲ 92.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €91,169 ▲45.8%
Operating result €121,067, net result €91,169, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €500,000Eq €543,800 ▲9.3%
4 profitable years in a row build equity to €543,800.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Liquidity times 5current ratio 5.91
Current ratio from 1.30 to 5.91; short-term debt falls from €73,942 to €17,557.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity doublescurrent ratio 1.30
Current ratio from 0.64 to 1.30; short-term debt falls from €104,054 to €73,942.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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 1990
Ground area
1,206 m²
Building footprint
184 m²
Volume, LiDAR
1,178 m³
Parcel 34006A0351/00E002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Deken De Bostraat 56, 8791 Waregem
since 19902.047.063.452
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006A0351/00E002 | Flanders | 1,206 m² | 1 · 183 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 31,000 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-12-1989
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
01480Raising of other animals
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439575789
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.