POLE POSITION
ActiveSummary
POLE POSITION has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.9m and a net result of €418,776, of which €560,806 non-recurring income. Equity has been growing by about 3.3% per year since 2018. Its solvency ranks better than 68% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-01-1991 Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 2 others
- Establishment unit
- 2.051.697.973 8890 Moorslede, since 25-01-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 26-03-2025
Board and ownership
Board
- Lootens,Christel Maria MichelineDirector · since 14-01-1994
- Sigiez,Hubert Edmond OmerDirector · since 01-04-1998
Shareholders
- United NRJ100%· score 942025 annual accounts of United NRJ
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €1.9m
- ▲ 21.7%
- Turnover
- ≈ €1.9m
- estimated
- Profit
- €418,776
- ▲ 0.8%
- Equity
- €12.9m
- ▲ 3.3%
- Total assets
- €24.6m
- ▲ 2.9%
Score breakdownraises riskLiquidity: current ratio 3.19, cash €29,014lowers riskFounded in 1991Size: total assets €24.6mFigures for financial year 2025 (filed on 29-06-2026)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of medium-sized companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency
78=
equity 52.7% of total assets
Liquidity
50=
short-term debt 4.4% · cash 0.1%
Profitability
52-19
return on assets 1.7%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €1,200,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.19 (1.26 in 2024), above the usual 1.5. Short-term debt is 4.4% and cash 0.1% of total assets. 47.3% 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 68, medium-sized). It does better than 72% of them on solvency, 53% on liquidity, 61% on profitability and 59% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
57 days early
2023
34 days early
2022
3 days early
2021
2 days early
2020
25 days early
2019
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 35 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €1.9m
Estimated: probably between €1.8m and €2.1m
Total assets
€24.6m▲ 2.9%
2024 · €23.9m
Net result
€418,776▲ 0.8%
2024 · €415,249
Working capital
€2.4m▲ 749%
2024 · €280,125
In the rankings
#1 company by total assets in Moorslede, Real estate sector#1 company by equity in Moorslede, Real estate sector#3 oldest company in Moorslede, Real estate sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€922,837
▲ 38.6%
2025
20182025
Net result
€418,776
▲ 0.8%
2025
highest quarter of the sector
20182025
Equity
€12.9m
▲ 3.3%
2025
highest quarter of the sector
20182025
Total assets
€24.6m
▲ 2.9%
2025
highest quarter of the sector
20182025
Debt
€11.3m
▲ 1.5%
2025
20182025
Working capital
€2.4m
▲ 749%
2025
highest quarter of the sector
20182025
Solvency
52.7%
▲ 0.2pp
2025
middle half of the sector
20182025
Current ratio
3.19
▲ 1.93
2025
highest quarter of the sector
20182025
Return on assets (ROA)
1.7%
=
2025
middle half of the sector
20182025
Staff (FTE)
0
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.06m-€0.001m▼ 98.6%€0.7m▲ 767×€0.4m▼ 40.1%€0.2m▼ 61.8%€0.2m▲ 21.5%€0.7m▲ 239%€0.9m▲ 38.6%
Net result-€0.001m--€0.05m▼ 8,084%€0.5mabove the sector's middle half€0.3mabove the sector's middle half▼ 43.9%€0.06mwithin the sector's middle half▼ 78.9%€0.08mwithin the sector's middle half▲ 52.4%€0.4mabove the sector's middle half▲ 390%€0.4mabove the sector's middle half▲ 0.8%
Equity€10.6m-€10.6m▼ 0.5%€11.1mabove the sector's middle half▲ 4.4%€11.3mabove the sector's middle half▲ 2.4%€12.0mabove the sector's middle half▲ 6.2%€12.1mabove the sector's middle half▲ 0.7%€12.5mabove the sector's middle half▲ 3.4%€12.9mabove the sector's middle half▲ 3.3%
Total assets€14.1m-€18.9m▲ 33.9%€18.1mabove the sector's middle half▼ 4.1%€24.3mabove the sector's middle half▲ 34.1%€24.1mabove the sector's middle half▼ 0.9%€24.6mabove the sector's middle half▲ 2.0%€23.9mabove the sector's middle half▼ 2.9%€24.6mabove the sector's middle half▲ 2.9%
Debt€3.5m-€8.3m▲ 139%€7.0m▼ 16.1%€12.9m▲ 85.0%€12.0m▼ 7.2%€12.4m▲ 3.4%€11.2m▼ 9.8%€11.3m▲ 1.5%
Working capital€0.2m--€0.4m€3.0mabove the sector's middle half€1.8mabove the sector's middle half▼ 40.4%€1.2mabove the sector's middle half▼ 31.4%€0.4mwithin the sector's middle half▼ 66.7%€0.3mwithin the sector's middle half▼ 31.7%€2.4mabove the sector's middle half▲ 749%
Solvency75.4%-56.0%▼ 19.3pp61.0%within the sector's middle half▲ 5.0pp46.6%within the sector's middle half▼ 14.4pp49.9%within the sector's middle half▲ 3.4pp49.3%within the sector's middle half▼ 0.7pp52.5%within the sector's middle half▲ 3.2pp52.7%within the sector's middle half▲ 0.2pp
Current ratio2.02-0.47▼ 1.555.12above the sector's middle half▲ 4.662.65within the sector's middle half▼ 2.482.03within the sector's middle half▼ 0.621.36within the sector's middle half▼ 0.671.26within the sector's middle half▼ 0.103.19above the sector's middle half▲ 1.93
Return on assets (ROA)0.0%--0.3%▼ 0.3pp2.6%within the sector's middle half▲ 2.9pp1.1%within the sector's middle half▼ 1.5pp0.2%within the sector's middle half▼ 0.9pp0.3%within the sector's middle half▲ 0.1pp1.7%within the sector's middle half▲ 1.4pp1.7%within the sector's middle half=
Staff (FTE)0below the sector's middle half0within the sector's middle half0within the sector's middle half0within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 39% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24.6m
Fixed assets
€21.1m ▼ 6.3%
Current assets
€3.5m ▲ 154%
Equity and liabilities €24.6m
Equity
€12.9m ▲ 3.3%
Provisions
€276,178 ▲ 66.5%
Debt
€11.3m ▲ 1.5%
Debt's share of the balance-sheet total falls from 46.8% to 46.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.7m▲
2024 · €1.5m
Cash flow
€1.2m▲
2024 · €1.2m
Debt to equity
0.87▼
2024 · 0.89
ROE
3.2%▼
2024 · 3.3%
Interest coverage
3.79▼
2024 · 7.24
Debt ≤ 1 year
€1.1m=
2024 · €1.1m
Debt > 1 year
€10.2m▲
2024 · €10.1m
Income taxes
€82,097▲
2024 · €54,222
Staff costs
€10,731▲
2024 · €9,969
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €12.7m | €11.8m | €10.7m | €9.7m | €8.8m |
| Mortgages, amount registered | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 |
| Mortgage mandates | €13.3m | €13.3m | €13.3m | €13.3m | €13.3m |
| Carrying value of the mortgaged assets | €13.8m | €14.1m | €13.6m | €13.2m | €12.7m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7.3m | €995,739 | €2.2m | €441,647 | €1.2m |
| Financial fixed assets | €250,014 | - | - | - | - |
| Depreciation and write-downs of the year | €490,639 | €757,403 | €853,219 | €800,823 | €812,300 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.4m | €0 | - | €0.4m | €0.6m | ▲ 55.9% |
| Remuneration, social security and pensions62 | - | - | - | €0.01m | €0.01m | €0.02m | €0.01m | €0.01m | ▲ 7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.6m | €1.0m | €0.4m | €0.5m | €0.8m | €0.9m | €0.8m | €0.8m | ▲ 1.4% |
| Other operating charges640/8 | - | - | - | €0.04m | €0.05m | €0.06m | €0.04m | €0.1m | ▲ 139% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - | - | - | - |
| Gross operating margin9900 | €0.7m | €1.1m | €1.2m | €1.0m | €1.0m | €1.1m | €1.5m | €1.9m | ▲ 21.7% |
| Operating profit (loss)9901 | €0.06m | €0.001m | €0.7m | €0.4m | €0.2m | €0.2m | €0.7m | €0.9m | ▲ 38.6% |
| Financial income75/76B | - | - | - | €0.07m | €0.08m | €0.09m | €0.09m | €0.1m | ▲ 69.3% |
| Recurring financial income75 | €0.001m | €0.04m | €0.003m | €0.07m | €0.08m | €0.09m | €0.09m | €0.1m | ▲ 69.3% |
| Financial charges65/66B | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.5m | ▲ 126% |
| Recurring financial charges65 | €0.07m | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.5m | ▲ 126% |
| Profit (loss) for the period before taxes9903 | -€424 | -€0.05m | €0.6m | €0.3m | €0.09m | €0.1m | €0.5m | €0.6m | ▲ 11.1% |
| Transfer from deferred taxes780 | - | - | - | €0.003m | €0.003m | €0.003m | €0.009m | €0.01m | ▲ 55.4% |
| Transfer to deferred taxes680 | - | - | - | €0 | - | - | €0.09m | €0.1m | ▲ 39.0% |
| Income taxes67/77 | €186 | €192 | €0.05m | €0.08m | €0.04m | €0.03m | €0.05m | €0.08m | ▲ 51.4% |
| Profit (loss) for the period9904 | -€0.001m | -€0.05m | €0.5m | €0.3m | €0.06m | €0.08m | €0.4m | €0.4m | ▲ 0.8% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.009m | €0.009m | €0.009m | €0.03m | €0.04m | ▲ 55.4% |
| Transfer to tax-exempt reserves689 | - | - | - | €0 | - | - | €0.3m | €0.4m | ▲ 39.0% |
| Profit (loss) for the period to be appropriated9905 | -€0.001m | -€0.05m | €0.2m | €0.3m | €0.06m | €0.09m | €0.2m | €0.09m | ▼ 49.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €14.1m | €18.9m | €18.1m | €24.3m | €24.1m | €24.6m | €23.9m | €24.6m | ▲ 2.9% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €13.8m | €18.6m | €14.4m | €21.4m | €21.7m | €23.0m | €22.5m | €21.1m | ▼ 6.3% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €13.8m | €18.6m | €13.3m | €20.1m | €20.4m | €21.7m | €21.2m | €21.1m | ▼ 0.4% |
| Land and buildings22 | - | - | - | €20.1m | €20.3m | €21.7m | €21.1m | €21.0m | ▼ 0.3% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.01m | €0.06m | €0.08m | €0.06m | ▼ 25.3% |
| Assets under construction and advance payments27 | - | - | - | €0 | - | - | - | - | - |
| Financial fixed assets28 | €0 | - | €1.1m | €1.3m | €1.3m | €1.3m | €1.3m | €0 | ▼ 100% |
| Current assets29/58 | €0.3m | €0.3m | €3.7m | €2.9m | €2.4m | €1.6m | €1.4m | €3.5m | ▲ 154% |
| Amounts receivable after more than one year29 | - | - | - | €1.3m | €1.3m | €1.3m | €1.3m | €0.04m | ▼ 97.2% |
| Other amounts receivable291 | - | - | - | €1.3m | €1.3m | €1.3m | €1.3m | €0.04m | ▼ 97.2% |
| Stocks and contracts in progress3 | €0 | - | - | €0.4m | €0 | - | - | - | - |
| Stocks30/36 | - | - | - | €0.4m | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €0.06m | €0.03m | €0.02m | €0.2m | €0.02m | €0.04m | €0 | €1.0m | - |
| Trade receivables40 | - | - | - | €0 | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.2m | €0.02m | €0.04m | €0 | €1.0m | - |
| Current investments50/53 | €0 | - | - | - | - | - | - | €2.4m | - |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €2.6m | €0.9m | €0.9m | €0.03m | €0.007m | €0.03m | ▲ 319% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.2m | €0.2m | €0.04m | €148 | ▼ 99.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €14.1m | €18.9m | €18.1m | €24.3m | €24.1m | €24.6m | €23.9m | €24.6m | ▲ 2.9% |
| Equity10/15 | €10.6m | €10.6m | €11.1m | €11.3m | €12.0m | €12.1m | €12.5m | €12.9m | ▲ 3.3% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Reserves13 | €10.5m | €10.4m | €10.9m | €11.2m | €11.2m | €11.3m | €11.7m | €12.1m | ▲ 3.6% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.3m | €0.3m | €0.5m | €0.8m | ▲ 66.5% |
| Distributable reserves133 | - | - | - | €10.9m | €10.9m | €11.0m | €11.2m | €11.3m | ▲ 0.8% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - | - | - | - |
| Provisions and deferred taxes16 | - | - | €0.09m | €0.09m | €0.09m | €0.09m | €0.2m | €0.3m | ▲ 66.5% |
| Deferred taxes168 | - | - | - | €0.09m | €0.09m | €0.09m | €0.2m | €0.3m | ▲ 66.5% |
| Amounts payable17/49 | €3.5m | €8.3m | €7.0m | €12.9m | €12.0m | €12.4m | €11.2m | €11.3m | ▲ 1.5% |
| Amounts payable after more than one year17 | €3.3m | €7.6m | €6.2m | €11.8m | €10.7m | €11.2m | €10.1m | €10.2m | ▲ 1.6% |
| Financial debts170/4 | - | - | - | €11.8m | €10.7m | €11.2m | €10.1m | €10.2m | ▲ 1.6% |
| Amounts payable within one year42/48 | €0.2m | €0.7m | €0.7m | €1.1m | €1.2m | €1.1m | €1.1m | €1.1m | = |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.9m | €1.0m | €1.0m | €0.9m | €0.9m | ▼ 5.3% |
| Trade debts44 | €113 | €0.1m | €0.01m | €0.08m | €0.05m | €0.01m | €0.005m | €0.08m | ▲ 18× |
| Suppliers440/4 | - | - | - | €0.08m | €0.05m | €0.01m | €0.005m | €0.08m | ▲ 18× |
| Advances received on contracts in progress46 | - | - | - | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.04m | €0.01m | €0.06m | €0.04m | ▼ 31.2% |
| Taxes450/3 | - | - | - | €0.01m | €0.04m | €0.01m | €0.06m | €0.04m | ▼ 31.9% |
| Remuneration and social security454/9 | - | - | - | €1 | €0 | €0.001m | €0.001m | €0.001m | ▲ 4.6% |
| Other amounts payable47/48 | - | - | - | €0.07m | €0.07m | €0.08m | €0.08m | €0.08m | ▼ 6.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.04m | €0.02m | €0.01m | €0.01m | ▼ 5.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.001m | -€0.05m | €0.5m | €0.3m | €0.06m | €0.08m | €0.4m | €0.4m | ▲ 0.8% |
| + Depreciation and write-downs630 | €0.6m | €1.0m | €0.4m | €0.5m | €0.8m | €0.9m | €0.8m | €0.8m | ▲ 1.4% |
| Operating cash flow (approximation) | €0.6m | €0.9m | €0.9m | €0.8m | €0.8m | €0.9m | €1.2m | €1.2m | ▲ 1.2% |
| Investment in fixed assets (approximation) | - | -€5.7m | €3.8m | -€7.5m | -€1.0m | -€2.2m | -€0.3m | €0.6m | - |
| Change in cash | - | €0.05m | €2.4m | -€1.7m | €0.03m | -€0.9m | -€0.02m | €0.02m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,887 companies had the same profile as POLE POSITION has now. Two years later, 97.9% were still going and 0.1% had gone bankrupt.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
97.9%
was still going
2.0%
stopped otherwise
0.1%
went bankrupt
That fits the bankruptcy probability of POLE POSITION itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 1,887 companies, not a prediction for POLE POSITION. 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.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-06-2026 | 2026-00217328 | |
| 31-12-2024 | abbreviated format | 04-06-2025 | 2025-00121714 | |
| 31-12-2023 | abbreviated format | 27-06-2024 | 2024-00172273 | |
| 31-12-2022 | abbreviated format | 28-07-2023 | 2023-00286069 | |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20247237 | |
| 31-12-2020 | abbreviated format | 06-07-2021 | 2021-31500579 | |
| 31-12-2019 | abbreviated format | 20-08-2020 | 2020-42800047 | |
| 31-12-2018 | abbreviated format | 05-08-2019 | 2019-44100508 | |
| 31-12-2017 | abbreviated format | 05-07-2018 | 2018-29500299 | |
| 31-12-2016 | abbreviated format | 17-08-2017 | 2017-44300372 |
Board & ownership
Directors
Directors
2 directors, last change in 2022
Current
Current
Owners and capital
Shareholders
1 ownerChain of control
- United NRJ
- POLE POSITION
Owners 1
- United NRJparentSourceaccounts United NRJ 2025Equity €51.5m Profit of €4.1m in 2025 (profit of €1.0m in 2024) Checked score 94100%
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| Lootens,Christel Maria Micheline |
|
| Sigiez,Hubert Edmond Omer |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “VIJFDE BESLISSING-wijziging besluitvorming bestuursorgaan, alle handelingen nodig of dienstig voor voorwerp,behalve wet of statuten aan…”“Aantal,duur,bevoegdheid indien meerdere, Artikel11.Samenstelling”
Articles of association, deed of 05-09-2022 (in Dutch)
Network & group
Board mandates elsewhere
4 board mandatesBoard mandates of POLE POSITIONPOLE POSITION sits on their board4
Companies at the same address
3 other companiesConnections & network
4 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
MLOZ Insurance
via LOOTENS Christel · Director
→
Helan Huishoudhulp
via LOOTENS Christel · Director
former→
Helan Kinderopvang
via LOOTENS Christel · Director
former→
Helan Onthaalouders
via LOOTENS Christel · Director
former→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
29-06
abbreviated format · 32 days before the deadline
2025
31-12
Financial
Liquidity more than doubledcurrent ratio 3.19
The current ratio rises from 1.26 to 3.19. Short-term debt falls from €1.1m to €1.1m.
04-06
abbreviated format · 57 days before the deadline
2024
27-06
abbreviated format · 34 days before the deadline
2023
28-07
abbreviated format · 3 days before the deadline
2022
05-09
Gazette deed
Appointments: Lootens,Christel Maria Micheline (director) and Sigiez,Hubert Edmond Omer (director)Capital conversion · Reserve release · Auditor report15 points ▸
Gazette deed
Appointments: Lootens,Christel Maria Micheline (director) and Sigiez,Hubert Edmond Omer (director)
Capital conversion · Reserve release · Auditor report15 points ▸
- General meeting, 23-08-2022
- Other provision, “EERSTE BESLISSING-statuten in overeenstemming met WVV en bevestiging rechtsvorm, volledig in overeenstemming brengen met WVV” (deed in Dutch)
- Director appointment, Lootens,Christel Maria Micheline (director)
- Director appointment, Sigiez,Hubert Edmond Omer (director)
- Capital conversion, “van rechtswege en zonder vervulling van enige formaliteit, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar maken voor uitkering” (deed in Dutch)
- Other provision, “verslag bestuursorgaan-kennisname, artikel 5:121 juncto artikel 5:133 WVV” (deed in Dutch)
- Auditor report, “inbreng in natura, geen bevindingen van materieel belang” (deed in Dutch)
- Other provision, “latente bodemverontreiniging kan inbrengwaarden verhinderen, bodemkwaliteit in te brengen onroerend goed-voorbehoud” (deed in Dutch)
- Other provision, “hypothecaire last op in te brengen onroerend goed, schulden en verplichtingen van inbrenggenietende BV Pole Position” (deed in Dutch)
- Other provision, “geen fairness opinion” (deed in Dutch)
- Capital contribution, €650,000
- The act holds 3 more points.
29-07
abbreviated format · 2 days before the deadline
2021
06-07
abbreviated format · 25 days before the deadline
2020
31-12
Financial
Back to profitnet €470,899
The net result is €470,899, after 2 loss-making years.
31-12
Financial
Liquidity more than 10 timescurrent ratio 5.12
The current ratio rises from 0.47 to 5.12.
20-08
abbreviated format · 20 days late
2019
31-12
Financial
Weakest financial yearnet -€49,887
The net result drops to -€49,887, the lowest from 2018 to 2025. It recovers the following year.
Show earlier events
05-08
abbreviated format · 5 days late
2018
05-07
abbreviated format · 26 days before the deadline
2017
17-08
abbreviated format · 17 days late
1991
08-02
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
POLE POSITION in Dutch
Enterprise number
0442.671.871
LEI code
984500487N2EE1F09E69
live in the LEI register
Legal form
Private limited company
Status
Active, normale toestand
Founded
25-01-1991
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-09-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Eenvoudig besluit bestuursorgaan, Vlaams Gewest”
deed of 05-09-2022 (in Dutch)Registered office and establishments
Registered office
Beselarestraat 72, 8890 Moorslede, Belgium
Establishment unit
POLE POSITION, Beselarestraat 72, 8890 Moorslede since 25-01-1991 · unit number 2.051.697.973
Activities
NACEBEL 2025VAT activities
68201
Renting and operating of own or leased residential real estate, excluding social housing main activity
47811
Retail sale of cars and light vans (up to 3.5 tonnes)
Social security (RSZ) activities
68310
Real estate agency activities main activity
Codes under NACEBEL 2008
VAT activities
68201
Real estate activities main activity
45113
Social security (RSZ) activities
68311
Real estate activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 05-09-2022 (in Dutch)
“De fabricatie en bewerking,de groot-en kleinhandel,de in-en uitvoer,de aan-en verkoop,kortom de handel in de meest ruime zin van het…”
17 activities
- De fabricatie en bewerking,de groot-en kleinhandel,de in-en uitvoer,de aan-en verkoop,kortom de handel in de meest ruime zin van het woord,zowel voor eigen rekening als voor rekening van derden,van alle soorten waren,goederen,grondstoffen,materiaal,machines,bijprodukten,onderhoudsprodukten en wisselstukken voor de autoindustrie en voor alle andere nijverheidssectoren.
- De aan-en verkoop van alle motorvoertuigen.
- Het optreden als tussenpersoon in de handel.
- Het fungeren als een handels-en financiële vennootschap en bijgevolg het stellen van in het algemeen alle handels-,industriële-,financiële,roerende-en onroerende verrichtingen,zowel voor eigen rekening als voor rekening van derden,alsook de agentuur,bemiddeling en commissiehandel.
- Alle financiële en beheersverrichtingen met betrekking tot eigen roerend vermogen en met betrekking tot onroerend vermogen,onder meer,krediet en financiering,belegging van eigen roerend vermogen en van onroerend vermogen,beheren van eigen roerend vermogen en van onroerend vermogen,hypothecaire en andere borgstelling,commissie-en delcredereverrichtingen,voor zover dit alles wettelijk is toegelaten.
- Het nemen van participaties onder welke vorm ook,in alle bestaande en op te richten vennootschappen en ondernemingen,het beheren en valoriseren van eigen roerende waarden en participaties,het verlenen van financiële en andere bijstand aan de vennootschappen en ondernemingen waarin ze belangen heeft.
- Beheer,bestuur van en adviesverlening aan bedrijven en vennootschappen.
- Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies.
- Het verwerven en huren met het oog op het verhuren en onderverhuren van onroerende goederen en eigen roerende installaties.
- Het verlenen van computerservices,administratieve dienstverlening,management,en bestuur voor andere firma's,evenals het ter beschikking stellen van personeel aan andere firma's.
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard.
- Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan-en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen.
- Zij mag door inbreng,fusie,inschrijving of om het even welke andere wijze deelnemen aan alle ondernemingen die een gelijksoortig of bijhorend voorwerp nastreven of die nuttig zijn tot de verwezenlijking van haar voorwerp.
- Deze opsomming moet in de breedste zin opgevat worden;zij is gegeven ter verduidelijking,niet ter beperking,zodat de raad van bestuur alle handelingen kan stellen die op gelijk welke wijze kunnen bijdragen tot de verwezenlijking van haar voorwerp.
- De vennootschap mag zich bovendien borg stellen voor andere vennootschappen of ondernemingen of aan hen leningen toestaan.
- De vennootschap kan alles doen wat rechtstreeks of onrechtstreeks kan bijdragen tot de verwezenlijking van haar voorwerp en mag haar voorwerp verwezenlijken op alle manieren en volgens de wijzen die haar het best geschikt lijken,zowel in het buitenland als in het binnenland.
- Zij mag namelijk en zonder dat deze opsomming beperkend weze,alle commerciële,financiële,industriële,burgerlijke,roerende en onroerende verrichtingen doen die zich rechtstreeks of onrechtstreeks bij het voorwerp van de vennootschap aansluiten,of van aard zijn er de verwezenlijking ervan te bevorderen,en onder meer,alle roerende en onroerende goederen,handelsfondsen,vergunningen en fabrieksmerken aankopen,in huur nemen,verhuren,verkopen en ruilen,belangen nemen bij middel van associatie,inbreng,onderschrijving,versmelting,deelneming,financiële tussenkomst of op om het even welke andere wijzen,in alle vennootschappen of ondernemingen waarvan het voorwerp met het hare verwant is of erbij aansluit,of nog van aard is het voorwerp van onderhavige vennootschap te bevorderen.
Invoicing and payment
VAT number
BE 0442.671.871
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of May at 20:00
deed of 05-09-2022 (in Dutch)Environmental permits
5 applications in Flanders since 2019 · 5 granted
Functiewijziging; Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden
Bouwen of herbouwen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen of verwijderen; Slopen van niet vrijstaande gebouwen of constructies
Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies
Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
7,011 m²
Building footprint
1,129 m²
Building volume
5,582 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36003A0079/00K000 | Flanders | 7,011 m² | 1 · 1,129 m² | 9.3 m · 2 |