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POLAT & FILS

Active
Private limited companyfounded 2021active for 5 yearsOude Haachtsesteenweg 59, 1831 Machelen (Brab.), Belgium72 active companies are registered at this addressKBO/BCE: BE 0766.838.349

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of POLAT & FILS is 7.1% (elevated). The 2024 annual accounts show equity of €34,519 and a net result of €13,659. Equity has been growing by about 40% per year since 2021. Its solvency ranks better than 44% of 9,836 sector peers (NACE 41, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 16-04-2021 Normal situation
Legal form
Private limited company
Registered office
Oude Haachtsesteenweg 59, 1831 Machelen (Brab.)
Activity
General construction of residential buildings NACE 41001and 3 others
Establishment unit
2.316.194.110 5000 Namur, since 01-05-2021
Financial year end
31 December
Peppol
Reachable since 20-06-2025

Financial position

37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
7.1%
Annual accounts 2024
Gross margin
€33,137
▲ 51.6%
Turnover
≈ €230,000
estimated
Profit
€13,659
▲ 114%
Equity
€34,519
▲ 65.5%
Total assets
€94,254
▲ 11.1%
2025 accounts not filed, 93 days past the deadline
Filed on 11-06-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 17-06-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; 1 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 60% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2023
Strong
Solvency 62+12
equity 36.6% of total assets
Liquidity 45-12
short-term debt 46.9% · cash 14.1%
Profitability 87+9
return on assets 14.5%
Bankruptcy probability within 12 months
7.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,451 companies, NACE 41, micro)
Last 24 months 11-2024: 3.0% 12-2024: 2.7%▼ -0.3 percentage points vs 11-2024 01-2025: 2.6%▼ -0.1 percentage points vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.5%▼ -0.1 percentage points vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025lowest value 05-2025: 2.6%▲ +0.1 percentage points vs 04-2025 06-2025: 4.5%▲ +1.9 percentage points vs 05-2025 07-2025: 3.2%▼ -1.3 percentage points vs 06-2025 08-2025: 3.2%● unchanged vs 07-2025 09-2025: 3.2%● unchanged vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.1%▼ -0.1 percentage points vs 12-2025 02-2026: 3.1%● unchanged vs 01-2026 03-2026: 3.0%▼ -0.1 percentage points vs 02-2026 04-2026: 3.2%▲ +0.2 percentage points vs 03-2026 05-2026: 3.8%▲ +0.6 percentage points vs 04-2026 06-2026: 3.8%● unchanged vs 05-2026 07-2026: 3.7%▼ -0.1 percentage points vs 06-2026 08-2026: 4.7%▲ +1.0 percentage point vs 07-2026 09-2026: 5.2%▲ +0.5 percentage points vs 08-2026 10-2026: 7.1%▲ +1.9 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.46 (1.07 in 2023), below the usual 1.5. Short-term debt is 46.9% and cash 14.1% of total assets. 63.4% of the assets are financed with debt and provisions.
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 41, micro). It does better than 44% of them on solvency, 43% on liquidity, 71% on profitability and 83% 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

Six signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed on 17-06-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
50 days early
2023
58 days early
2022
44 days late
2021
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 19 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about POLAT & FILS

What is the company number of POLAT & FILS?
The company number of POLAT & FILS is 0766.838.349. The VAT number is the same number with BE in front: BE 0766.838.349.
Where is POLAT & FILS based?
The registered office is at Oude Haachtsesteenweg 59, 1831 Machelen (Brab.).Company details
What does POLAT & FILS do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of POLAT & FILS?
The legal form of POLAT & FILS is Private limited company (BV).
When was POLAT & FILS founded?
POLAT & FILS was founded on 16-04-2021.
Is POLAT & FILS still active?
Yes, POLAT & FILS is an active enterprise in the KBO register.
What is the turnover of POLAT & FILS?
The turnover in financial year 2024 is ≈ €230,000. This figure is estimated from the gross margin of €33,137 and 163 comparable companies (NACE 41001). It probably lies between €130,000 and €420,000.Financials
Is POLAT & FILS profitable?
In financial year 2024, POLAT & FILS made a profit of €13,659.
Where can I find the annual accounts of POLAT & FILS?
POLAT & FILS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Comparable companies

These companies have the same main activity as POLAT & FILS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €86,300 and €108,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
POLAT & FILS Machelen (Brab.)€94,254€33,137
KPV DESIGN Asse€90,269€34,211
TROPICAL CLEANING Zaventem€86,322€35,032
VIC CONCEPT Drogenbos€91,698€29,715
BOTIZ CONSTRUCT Dilbeek€90,585€29,208
IPW PolConstruct Merchtem€102,248€37,369
COP CONSTRUCT Overijse€108,180€32,311
Full comparison

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