POLDARK
ActivePOLDARK has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90k and a net result of €-4k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 7293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-76
Solvency66=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.18 against 0.41 in 2024), and 36.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.4%
Return on assets
-2.7%
Age of the figures
14 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-02-2026, 9 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
9 d late
2024
11 d late
2023
on the day
2022
8 d late
2021
10 d late
2020
2 d early
2019
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€90k▼ 4.1%
2024 · €94k
2019: €44k
2020: €52k
2021: €64k
2022: €65k
2023: €80k
2024: €94k
2019 → 2025
Total assets
€142k▼ 6.5%
2024 · €152k
2019: €166k
2020: €166k
2021: €164k
2022: €152k
2023: €153k
2024: €152k
2019 → 2025
Net result
€-4k
2024 · €14k
2019: €5k
2020: €9k
2021: €12k
2022: €870
2023: €15k
2024: €14k
2019 → 2025
Working capital
€-27k▼ 79.9%
2024 · €-15k
2019: €-6k
2020: €-5k
2021: €441
2022: €-6k
2023: €-16k
2024: €-15k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€65k▲ 1.4%€80k▲ 22.6%€94k▲ 17.8%€90k▼ 4.1%
Operating result€16k-€4k▼ 76.3%€22k▲ 495%€21k▼ 5.7%€-2k
Net result€12k-€870▼ 92.9%€15k▲ 1,590%€14k▼ 3.4%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €21k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€136k▼ 3.7%
Current assets
€6k▼ 44.4%
Equity and liabilities €142k
Equity
€90k▼ 4.1%
Debt
€52k▼ 10.4%
The debt ratio falls from 38.2% to 36.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€3k▼
2024 · €26k
Cash flow
€1k▼
2024 · €19k
Solvency
63.4%▲
2024 · 61.8%
Current ratio
0.18▼
2024 · 0.41
Quick ratio
0.18▼
2024 · 0.41
Debt / equity
0.58▼
2024 · 0.62
ROE
-4.3%▼
2024 · 15.1%
ROA
-2.7%▼
2024 · 9.3%
Interest coverage
1.92▼
2024 · 14.19
Debt
€52k▼
2024 · €58k
Debt ≤ 1 year
€32k▲
2024 · €25k
Debt > 1 year
€20k▼
2024 · €33k
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€152k€142k▼
Fixed assets21/28€142k€136k▼
Tangible fixed assets22/27€142k€136k▼
Land and buildings22€137k€132k▼
Plant, machinery and equipment23€5k€4k▼
Current assets29/58€10k€6k▼
Amounts receivable within one year40/41€1k€1k▼
Trade receivables40€811-
Other amounts receivable41€298€1k▲
Cash at bank and in hand54/58€8k€4k▼
Deferred charges and accrued income490/1€1k€242▼
Equity and liabilities
Total equity and liabilities10/49€152k€142k▼
Equity10/15€94k€90k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€74k€70k▼
Amounts payable17/49€58k€52k▼
Amounts payable after more than one year17€33k€20k▼
Financial debts170/4€33k€20k▼
Amounts payable within one year42/48€25k€32k▲
Current portion of amounts payable after more than one year42€14k€13k▼
Trade debts44€203€53▼
Suppliers440/4€203€53▼
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€9k€19k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€384€387▲
Gross operating margin9900€26k€3k▼
Operating profit (loss)9901€21k€-2k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€19k€-4k▼
Income taxes67/77€5k-
Profit (loss) for the period9904€14k€-4k▼
Profit (loss) for the period to be appropriated9905€14k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€70k▼
Profit (loss) brought forward from the previous period14P€59k€74k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 9 days late
2025
30-06
Financial
Weakest financial yearnet €-4k ▼127%
Net result drops to €-4k, the lowest in the series.
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €15k ▲1590%
Operating result €22k, net result €15k, both a record.
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2005
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.
Citroenbomenlaan 361020 BrusselGround area
434 m²
Building footprint
250 m²
Volume, LiDAR
2,828 m³
Parcel 21818A0003/00D059, Brussels · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
POLDARK
since 20052.146.338.893
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0003/00D059 | Brussels | 434 m² | 1 · 250 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
VACCARELLA A. Construct
BE 0841.737.591
Cerfontaine · Eq €90k
Heda Projects
BE 1005.007.694
Herenthout · Eq €90k
HS BELUX
BE 0770.827.623
Hotton · Eq €90k
MDC-BOUW
BE 1007.640.057
Roeselare · Eq €90k
CAMILLE FOULON
BE 1004.747.675
Tournai · Eq €90k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,863. 13,026 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2005
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
45211
41003General construction of other non-residential buildings
45212
45213
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.