Polar Bear
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Polar Bear has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €258,918. Its solvency ranks better than 50% of 121 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 09-01-2018 Normal situation
- Activity
- Wired, wireless and satellite telecommunications NACE 61100and 6 others
- Establishment units
- 2.271.908.660 9620 Zottegem, since 09-01-2018
- 2.386.785.859 9000 Gent, since 01-01-2025
- Financial year end
- 30 September
- Peppol
- Reachable since 29-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €1.5m
- ▲ 658%
- Turnover
- ≈ €2.7m
- estimated
- Profit
- €258,918
- ▲ 25×
- Equity
- €2.3m
- ▲ 19.1%
- Total assets
- €5.6m
- ▲ 43.6%
- Staff
- 1.6 FTE
- ▲ 33.3%
Score breakdownraises riskSector: Telecommunications (NACE 61)lowers riskSize: 1.6 FTE, total assets €5.6mFigures for financial year 2025 (filed on 05-05-2026)Equity €2.3m (41.6% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 61, micro). It does better than 50% of them on solvency, 36% on liquidity, 54% on profitability and 69% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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Signals
The company filed its last 2 accounts on average 16 days before the deadline. In the sector (NACE 61), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as Polar Bear: wired, wireless and satellite telecommunications (NACE 61100). They are comparable in size and age: total assets between €2.4m and €10m, founded between 2008 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| Polar Bear Zottegem | €5.6m | €1.5m |
| nCentric Europe Oostkamp | €2.4m | €0.7m |
| Entropia Critical Concepts Oostkamp | €10.0m | €1.8m |
| Citymesh 0G Oostkamp | €2.6m | €0.4m |
| EFFECT Lochristi | €2.5m | €0.9m |
| EI Data Center Belgium Gent | €3.3m | €0.6m |
| BMB Projects Mechelen | €4.7m | €1.7m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 29-04-2026
- Annual accounts 2024filed on 31-03-2025
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Polar Bear
- What is the company number of Polar Bear?
- The company number of Polar Bear is 0687.730.295. The VAT number is the same number with BE in front: BE 0687.730.295.
- Where is Polar Bear based?
- The registered office is at Verkeerdhofstraat 4, 9620 Zottegem.Company details
- What does Polar Bear do?
- According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
- What is the legal form of Polar Bear?
- The legal form of Polar Bear is Private limited company (BV).
- When was Polar Bear founded?
- Polar Bear was founded on 09-01-2018.
- Is Polar Bear still active?
- Yes, Polar Bear is an active enterprise in the KBO register.
- How many employees does Polar Bear have?
- Polar Bear had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Polar Bear?
- The turnover in financial year 2025 is ≈ €2.7m. This figure is estimated from the gross margin of €1.5m and 1,586 comparable companies of the same size. It probably lies between €1.8m and €4.4m. It is a rough estimate.
- Is Polar Bear profitable?
- In financial year 2025, Polar Bear made a profit of €258,918.
- Where can I find the annual accounts of Polar Bear?
- Polar Bear filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Polar Bear due?
- Polar Bear must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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