Equity
€51,268 from €314,926 in 2009
Equity fell by 84% in 15 years.
Pôle Europe
Lifetime
19 annual accounts with figures on one time axis, 37 filings since 1988peak €140,155 (2009)
€32,850▲ 185%
lowest -€29,644 (2022)
€10,835▲ €24,363
peak €314,926 (2009)
€51,268▲ 26.8%
€161,120▼ 7.8%
peak 1 FTE (2019)
-not published
Board3 names since 2019
1 directorHASSAINI NADJIB
Documentsfilings and deeds
24-09-202555 days late
2024micro format
Gross margin from €11,521 to €32,850Back to profit: €10,835Resignation: Hassaíni Celia (director) 30-12Equity from €40,433 to €51,268Cash from €3,999 to €1,553
Key points
from the 2024 annual accountsChecked score
55
Fair
Financially stronger than 45% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025
09-2025: 0.9%▲ +0.1 percentage points vs 08-2025
10-2025: 1.4%▲ +0.5 percentage points vs 09-2025
11-2025: 0.4%▼ -1.0 percentage point vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.4 percentage points vs 07-2026
09-2026: 1.1%▲ +0.2 percentage points vs 08-2026
10-2026: 1.7%▲ +0.6 percentage points vs 09-2026highest value
11-2026: 1.7%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2024 (filed on 02-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 55 days late; 2 of the last 3 accounts late
lowers risk
Size: total assets €212,388
Founded in 1988
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 (no NACE code, micro). It does better than 30% of them on solvency, 13% on liquidity, 57% on profitability and 80% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as Pôle Europe has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Pôle Europe itself is higher: 1.7% within 12 months. It rests on far more data about Pôle Europe than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,818 companies, not a prediction for Pôle Europe. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is insufficient, with a current ratio of 0.21 (0.14 in 2023), below 1. Short-term debt is 56.9% and cash 0.7% of total assets. 75.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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, 99 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline07-11-2026 today
raises risk · 2024 accounts filed 55 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
55 days late
2023
42 days late
2022
30 days late
2021
16 days late
2020
11 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 6 accounts on average 31 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Recent changes
Resignation: Hassaíni Celia (director)
Director discharge: Hassaíni Celia · General meeting of 02-12-2024 · Gazette deed
Registered office moved within La Louvière
New registered office: Rue Sylvain Guyaux, 66 à 7100 La Louvière · Previous registered office: Rue Arthur Warocqué, 25 à 7100 La Louvière · Resignation: GRIRA Abdelhamid (director) · General meeting of 20-06-2020 · Gazette deed
First establishment
Rue Sylvain Guyaux (L.L) 66, La Louvière
Incorporation
published on 15-04-1988 · Gazette deed
Official details
Source: KBO- Status
- Active since 21-03-1988Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.037.828.1617100 La Louvière, since 09-05-1988
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on Pôle Europe
Pôle Europe files the micro format. That format states no turnover. The gross margin rose from €22,334 in 2006 to €32,850 in 2024.
The balance sheet grew most from 2019 to 2021 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Pôle Europe
- What is the company number of Pôle Europe?
- The company number of Pôle Europe is 0433.785.681. The VAT number is the same number with BE in front: BE 0433.785.681.
- Where is Pôle Europe based?
- The registered office is at Rue Sylvain Guyaux (L.L) 66, 7100 La Louvière.Company details
- What is the legal form of Pôle Europe?
- Pôle Europe is a public limited company (NV).
- When was Pôle Europe founded?
- Pôle Europe was founded on 21-03-1988.
- Is Pôle Europe still active?
- Yes, Pôle Europe is an active enterprise in the KBO register.
- How many employees does Pôle Europe have?
- Pôle Europe had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of Pôle Europe?
- The turnover in financial year 2024 is ≈ €130,000. This figure is estimated from the gross margin of €32,850 and 2,941 comparable companies of the same size. It probably lies between €79,000 and €240,000. It is a rough estimate.
- Is Pôle Europe profitable?
- In financial year 2024, Pôle Europe made a profit of €10,835.
- Where can I find the annual accounts of Pôle Europe?
- Pôle Europe filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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