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POLAT TRANS

Active
Private limited companyfounded 200817 yrs activeHertbloklaan 21, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0808.550.329

POLAT TRANS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €10k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 4527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
74 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+6
Solvency87▼-13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 5.66 against 8.12 in 2024; short-term debt: 12.8% and cash: 10.1% of total assets), and 37.6% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.4%
Return on assets
8.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
53 d early
2024
72 d early
2023
57 d early
2022
49 d early
2021
31 d late
2020
53 d late
2018
91 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€85k
EBIT margin
7.0%
Net result
€10k▲ 247%
2024 · €3k
2018: €5k 2020: €4k 2021: €5k 2022: €10k 2023: €4k 2024: €3k
2018 → 2025
Working capital
€67k▲ 43.7%
2024 · €47k
2018: €18k 2020: €-9k 2021: €4k 2022: €20k 2023: €32k 2024: €47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€44k-€53k▲ 22.6%€58k▲ 7.9%€60k▲ 4.9%€70k▲ 16.4%
Operating result€6k-€10k▲ 68.5%€5k▼ 48.2%€7k▲ 31.1%€12k▲ 73.2%
Net result€5k-€10k▲ 82.7%€4k▼ 57.3%€3k▼ 32.2%€10k▲ 247%
Result per fiscal year
Operating resultNet result
€0€5k€10kOperating result 2021: €6k€6kNet result 2021: €5k€5kOperating result 2022: €10k€10kNet result 2022: €10k€10kOperating result 2023: €5k€5kNet result 2023: €4k€4kOperating result 2024: €7k€7kNet result 2024: €3k€3kOperating result 2025: €12k€12kNet result 2025: €10k€10k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 73% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets €31k▲ 77.0%
Current assets €82k▲ 53.0%
Equity and liabilities €113k
Equity €70k▲ 16.4%
Debt €42k▲ 304%
The debt ratio rises from 14.8% to 37.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26k
2024 · €15k
Cash flow
€23k
2024 · €11k
Solvency
62.4%
2024 · 85.2%
Current ratio
5.66
2024 · 8.12
Quick ratio
5.66
2024 · 8.12
Debt / equity
0.60
2024 · 0.17
ROE
14.1%
2024 · 4.7%
ROA
8.8%
2024 · 4.0%
Interest coverage
57.60
2024 · 19.09
Debt
€42k
2024 · €10k
Debt ≤ 1 year
€14k
2024 · €7k
Debt > 1 year
€28k
2024 · €4k
Income taxes
€2k
2024 · €3k
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€71k€113k
Fixed assets21/28€17k€31k
Tangible fixed assets22/27€8k€22k
Furniture and vehicles24€8k€22k
Financial fixed assets28€9k€9k=
Current assets29/58€53k€82k
Amounts receivable within one year40/41€46k€57k
Trade receivables40€37k€49k
Other amounts receivable41€9k€8k
Cash at bank and in hand54/58€2k€11k
Deferred charges and accrued income490/1€6k€13k
Equity and liabilities
Total equity and liabilities10/49€71k€113k
Equity10/15€60k€70k
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Profit (loss) carried forward14€40k€50k
Amounts payable17/49€10k€42k
Amounts payable after more than one year17€4k€28k
Financial debts170/4€4k€28k
Amounts payable within one year42/48€7k€14k
Current portion of amounts payable after more than one year42€5k€10k
Trade debts44€119€5k
Suppliers440/4€119€5k
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€14k
Other operating charges640/8€8k€6k
Gross operating margin9900€23k€32k
Operating profit (loss)9901€7k€12k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€795€447
Recurring financial charges65€795€447
Profit (loss) for the period before taxes9903€6k€12k
Income taxes67/77€3k€2k
Profit (loss) for the period9904€3k€10k
Profit (loss) for the period to be appropriated9905€3k€10k
Appropriation of the result
Profit (loss) to be appropriated9906€40k€50k
Profit (loss) brought forward from the previous period14P€37k€40k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €10k ▲247%
Operating result €12k, net result €10k, both a record.
26-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
20-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €3k ▼32.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 8.12
Current ratio from 3.56 to 8.12; short-term debt falls from €12k to €7k.
04-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
22-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2019
30-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 91 days late
2018
03-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
25-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
07-09-2023 Resigned as Manager
30-06-2016 Resigned as Manager
Location & real-estate footprint
Registered office, Steenokkerzeel · 1 establishment unit since 2009
establishment The establishment unit on the map
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.

Hertbloklaan 211820 Steenokkerzeel
Ground area
893 m²
Building footprint
222 m²
Volume, LiDAR
2,056 m³
2 parcels, Brussels, Flanders · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Huart Hamoirlaan 166, 1030 Schaarbeek
Freight transport by road
since 20092.175.746.028
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23081A0083/00G000 Flanders 790 m² 1 · 126 m² 8.8 m · 2 fl.
21015A0181/00L005 Brussels 103 m² 1 · 96 m² 16.7 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,605 companies in sector 49410 we hold annual accounts for 8,195. 6,195 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-12-2008
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.