POLDESIGN
InactivePOLDESIGN was declared bankrupt on 07-09-2022 (Ondernemingsrechtbank Gent, afdeling Veurne); the bankruptcy was closed for insufficient assets by judgment of 02-10-2024, published in the Belgian State Gazette on 08-10-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 15-12-2021, 137 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
137 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-130k▼ 40.7%
2019 · €-92k
2018: €-87k
2019: €-92k
2018 → 2020
Total assets
€13k▼ 73.0%
2019 · €50k
2018: €76k
2019: €50k
2018 → 2020
Net result
€-38k▼ 551%
2019 · €-6k
2018: €-6k
2019: €-6k
2018 → 2020
Working capital
€-56k
2019 · €578
2018: €-24k
2019: €578
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-87k-€-92k▼ 6.7%€-130k▼ 40.7%
Operating result€-5k-€-3k▲ 26.8%€-37k▼ 994%
Net result€-6k-€-6k▼ 4.0%€-38k▼ 551%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2020 against €3k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €13k
Fixed assets
€4k▼ 28.5%
Current assets
€9k▼ 78.8%
Key figures and ratios
EBITDA
€-35k▼
2019 · €158
Cash flow
€-35k▼
2019 · €-2k
Solvency
-965.5%▼
2019 · -185.2%
Current ratio
0.14▼
2019 · 1.01
Quick ratio
0.10▼
2019 · 0.96
Debt / equity
-0.58▲
2019 · -0.81
ROA
-279.2%▼
2019 · -11.6%
Debt
€143k▲
2019 · €142k
Debt ≤ 1 year
€66k▲
2019 · €44k
Debt > 1 year
€75k=
2019 · €75k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€50k€13k▼
Fixed assets21/28€6k€4k▼
Intangible fixed assets21€2k€2k=
Tangible fixed assets22/27€4k€2k▼
Financial fixed assets28€168€168=
Current assets29/58€44k€9k▼
Stocks and contracts in progress3€3k€3k▲
Amounts receivable within one year40/41€35k€5k▼
Cash at bank and in hand54/58€7k€1k▼
Equity and liabilities
Total equity and liabilities10/49€50k€13k▼
Equity10/15€-92k€-130k▼
Contributions10/11€75k-
Reserves13€2k€2k=
Profit (loss) carried forward14€-169k€-207k▼
Amounts payable17/49€142k€143k▲
Amounts payable after more than one year17€75k€75k=
Amounts payable within one year42/48€44k€66k▲
Trade debts44-€17k
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Gross operating margin9900€2k€-33k▼
Operating profit (loss)9901€-3k€-37k▼
Recurring financial income75€3€0▼
Recurring financial charges65€2k€387▼
Profit (loss) for the period before taxes9903€-6k€-38k▼
Profit (loss) for the period9904€-6k€-38k▼
Profit (loss) for the period to be appropriated9905€-6k€-38k▼
Timeline · acts, filings and financial milestones
2024
08-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Veurne · POLDESIGN BV PIETER DESWARTELAAN 87/102, 8620 NIEUWPOORT · event 02-10-2024
2022
14-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · POLDESIGN BV PIETER DESWARTELAAN 87/102, 8620 NIEUWPOORT · event 07-09-2022
2021
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 137 days late
2020
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2014
06-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
06-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
04-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JOACHIM VANSPEYBROUCK KALLEBEEKWEG 1,
8691 05 BEVEREN AAN DE YZER- |
07-09-2022 → present |