POLARES
The computed 12-month bankruptcy probability of POLARES is 1.2% (low). The 2024 annual accounts show equity of €292k and a net result of €106k. Equity is growing by ~57.8% per year across the filed fiscal years. Its solvency ranks better than 70% of 4932 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €292k |
| Net result | €106k |
| Staff (FTE) | 1 |
| Better than sector | 70% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 44.2% | 16.7% | |
| Net result | €106k | €2k | |
| Equity | €292k | €27k | |
| Gross operating margin | €176k | €27k | |
| Staff costs | €33k | €20k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €143k |
| Net profit | €106k |
| Cash flow | €121k |
| Staff costs | €33k |
| Income taxes | €22k |
| Dividends | - |
| Total assets | €660k |
| Equity | €292k |
| Debt | €368k |
| of which ≤ 1y | €366k |
| of which > 1y | - |
| Working capital | €260k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 1.71 |
| Quick ratio | 0.94 |
| Working capital ratio | 39.4% |
| Solvency | 44.2% |
| Debt / equity | 1.26 |
| Long-term debt ratio | - |
| Interest coverage | 1105.56 |
| Gross margin | - |
| Net margin | - |
| ROA | 16.1% |
| ROE | 36.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €660k |
| Fixed assets | 21/28 | €34k |
| Intangible fixed assets | 21 | €2k |
| Tangible fixed assets | 22/27 | €28k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €626k |
| Stocks & contracts in progress | 3 | €284k |
| Amounts receivable within one year | 40/41 | €175k |
| Cash & bank | 54/58 | €100k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €660k |
| Equity | 10/15 | €292k |
| Contributions / capital | 10/11 | €30k |
| Accumulated profits (losses) | 14 | €262k |
| Amounts payable | 17/49 | €368k |
| Amounts payable within one year | 42/48 | €366k |
| Trade debts payable within one year | 44 | €184k |
| Income statement | ||
| Gross operating margin | 9900 | €176k |
| Operating result | 9901 | €128k |
| Financial income | 75 | €499 |
| Financial charges | 65 | €129 |
| Result before taxes | 9903 | €129k |
| Income taxes | 67/77 | €22k |
| Net result for the period | 9904 | €106k |
| Result to be appropriated | 9905 | €106k |
| NACE primary | Real estate activities(68310) |
| Legal form | Private limited company(610) |
| Incorporation | 03-03-2021 |
| Status | Active |
| Postal code | 3020 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038D0668/00H002 | Flanders | 1,695 m² | 1 · 220 m² | 14.3 m · 3 fl. |
| 24075D0438/00A000 | Flanders | 1,121 m² | 1 · 393 m² | 11.0 m · 3 fl. |
| 24423G0267/00M000 | Flanders | 303 m² | 1 · 113 m² | 11.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-09-2025 Mandate of NYS Lars as director expired
- NYS Lars, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "NYS Lars",
"address": "Doornstraat 1 3370 Boutsersem",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "end_of_term",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2025-08-07",
"evidence_quote": "De vergadering bekrachtigt het ontslag als bestuurder, met ingang van 7 augustus 2025, van de heer NYS Lars, wonende te Doornstraat 1 3370 Boutsersem",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Leuven",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-09-25",
"filing_date": "2025-09-17",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-08-07",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0764.595.570",
"name_full": "POLARES",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "DE KEYSER Brecht",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}22-10-2024 3 directors appointed
- BV OTG, Bestuurder
- BV BRESCON, Bestuurder
- VOF FARIMMO, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
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"reason": null,
"subkind": "additional",
"via_org": {
"kbo": "0737.626.206",
"name": "BV OTG",
"address": "Alsemberglaan 30, 3060 Bertem",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": false,
"effective_date": "2024-06-28",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
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"effective_date_qualifier": "immediate"
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{
"kind": "director_in",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": null,
"name": "BV BRESCON",
"address": "Schoolstraat 56, 3020 Herent",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": false,
"effective_date": "2024-06-28",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
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},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
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{
"kind": "director_in",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": null,
"name": "VOF FARIMMO",
"address": "Bosstraat 18, 3060 Bertem",
"country": "BE",
"legal_form": "VOF"
},
"statutory": "statutair",
"compensated": false,
"effective_date": "2024-06-28",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-10-22",
"filing_date": "2024-10-14",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-06-28",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0764.595.570",
"name_full": "POLARES CNDERNEMINGi",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": "BV BRESCON",
"person_name": "Brecht DE KEYSER",
"org_rep_person_name": null,
"person_role_at_subject": "vaste vertegenwoordiger"
},
"co_filed_documents": [
"Origineel getekende notulen van de Gewone Algemene Vergadering d.d. 28/06/2024",
"Origineel getekende verklaring geen bestuursverboden d.d. 28/06/2024"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | POLARES |