Poleur-Kinet
ActiveSummary
Poleur-Kinet has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.21M and a net result of €451k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-5
Solvency88▲+3
Growth40▼-21
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 2.78 against 2.29 in 2023; short-term debt: 28.7% and cash: 8.7% of total assets), and 37% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
63%
Return on assets
8.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
9 d late
2022
23 d late
2021
6 d early
2020
11 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€11.53M▼ 9.6%
2023 · €12.76M
2022: €13.02M
2023: €12.76M
2022 → 2024
EBIT margin
4.8%▼ 1.5pp
2023 · 6.3%
2022: 8.7%
2023: 6.3%
2022 → 2024
Net result
€451k▼ 34.2%
2023 · €685k
2018: €472k
2019: €435k
2020: €676k
2021: €793k
2022: €932k
2023: €685k
2018 → 2024
Working capital
€2.61M▲ 9.7%
2023 · €2.38M
2018: €1.21M
2019: €1.39M
2020: €1.37M
2021: €1.60M
2022: €2.01M
2023: €2.38M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€13.02M€12.76M▼ 2.0%€11.53M▼ 9.6%
Equity€2.03M-€2.32M▲ 14.2%€2.81M▲ 21.3%€3.13M▲ 11.3%€3.21M▲ 2.8%
Operating result€797k-€978k▲ 22.8%€1.14M▲ 16.0%€807k▼ 28.9%€552k▼ 31.6%
Net result€676k-€793k▲ 17.3%€932k▲ 17.6%€685k▼ 26.5%€451k▼ 34.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 32% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.10M
Fixed assets
€1.03M ▲ 7.1%
Current assets
€4.07M ▼ 3.5%
Equity and liabilities €5.10M
Equity
€3.21M ▲ 2.8%
Debt
€1.88M ▼ 8.0%
Debt's share of the balance-sheet total falls from 39.6% to 37.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€860k▼
2023 · €1.14M
Cash flow
€758k▼
2023 · €1.02M
Current ratio
2.78▲
2023 · 2.29
Quick ratio
1.30▲
2023 · 1.10
Debt to equity
0.59▼
2023 · 0.65
ROE
14.0%▼
2023 · 21.9%
ROA
8.8%▼
2023 · 13.2%
Interest coverage
42.50▼
2023 · 99.47
Debt ≤ 1 year
€1.46M▼
2023 · €1.84M
Debt > 1 year
€419k▲
2023 · €200k
Income taxes
€193k▼
2023 · €236k
Staff costs
€1.60M▲
2023 · €1.58M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 91 lines
Balance sheet
Code20232024
Assets
Total assets20/58€5.17M€5.10M▼
Fixed assets21/28€961k€1.03M▲
Intangible fixed assets21€23k€15k▼
Tangible fixed assets22/27€938k€1.01M▲
Land and buildings22€0-
Plant, machinery and equipment23€175k€108k▼
Furniture and vehicles24€135k€442k▲
Leasing and similar rights25€93k€6k▼
Other tangible fixed assets26€465k€458k▼
Assets under construction and advance payments27€69k€0▼
Financial fixed assets28-€335
Other financial fixed assets284/8-€335
Amounts receivable and cash guarantees285/8-€335
Current assets29/58€4.21M€4.07M▼
Stocks and contracts in progress3€2.20M€2.17M▼
Stocks30/36€2.20M€2.17M▼
Goods purchased for resale34€2.20M€2.17M▼
Amounts receivable within one year40/41€1.67M€1.43M▼
Trade receivables40€1.57M€1.34M▼
Other amounts receivable41€99k€87k▼
Current investments50/53-€0
Other investments51/53-€0
Cash at bank and in hand54/58€328k€445k▲
Deferred charges and accrued income490/1€18k€21k▲
Equity and liabilities
Total equity and liabilities10/49€5.17M€5.10M▼
Equity10/15€3.13M€3.21M▲
Contributions10/11€574k€574k=
Capital10€574k€574k=
Issued capital100€574k€574k=
Reserves13€2.52M€2.62M▲
Non-distributable reserves130/1€57k€57k=
Legal reserve130€57k€57k=
Reserves not available under the articles1311€33€33=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€2.46M€2.56M▲
Profit (loss) carried forward14€15k€8k▼
Investment grants15€21k€14k▼
Amounts payable17/49€2.05M€1.88M▼
Amounts payable after more than one year17€200k€419k▲
Financial debts170/4€197k€417k▲
Subordinated loans170€24k€16k▼
Leasing and similar obligations172€8k€0▼
Credit institutions173€166k€401k▲
Other amounts payable178/9€3k€1k▼
Amounts payable within one year42/48€1.84M€1.46M▼
Current portion of amounts payable after more than one year42€265k€175k▼
Financial debts43€0€0=
Credit institutions430/8€0€0=
Trade debts44€577k€526k▼
Suppliers440/4€577k€526k▼
Advances received on contracts in progress46€33k€24k▼
Taxes, remuneration and social security45€519k€273k▼
Taxes450/3€369k€109k▼
Remuneration and social security454/9€150k€164k▲
Other amounts payable47/48€443k€463k▲
Accrued charges and deferred income492/3€10k€4k▼
Income statement
Code20232024
Operating income70/76A€13.03M€11.84M▼
Turnover70€12.76M€11.53M▼
Other operating income74€271k€313k▲
Operating charges60/66A€12.22M€11.29M▼
Goods for resale, raw materials and consumables60€8.96M€8.22M▼
Purchases600/8€9.00M€8.20M▼
Change in stocks: decrease (increase)609€-35k€27k▲
Services and other goods61€1.16M€1.06M▼
Remuneration, social security and pensions62€1.58M€1.60M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€335k€308k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€91k€36k▼
Other operating charges640/8€91k€65k▼
Operating profit (loss)9901€807k€552k▼
Financial income75/76B€151k€136k▼
Recurring financial income75€151k€136k▼
Income from financial fixed assets750-€0
Other financial income752/9€151k€136k▼
Financial charges65/66B€37k€45k▲
Recurring financial charges65€37k€45k▲
Debt charges650€11k€20k▲
Other financial charges652/9€26k€24k▼
Profit (loss) for the period before taxes9903€921k€644k▼
Income taxes67/77€236k€193k▼
Taxes670/3€236k€193k▼
Profit (loss) for the period9904€685k€451k▼
Profit (loss) for the period to be appropriated9905€685k€451k▼
Appropriation of the result
Profit (loss) to be appropriated9906€722k€466k▼
Profit (loss) brought forward from the previous period14P€37k€15k▼
Transfer from equity791/2€200k€350k▲
From reserves792€200k€350k▲
Transfer to equity691/2€550k€450k▼
To other reserves6921€550k€450k▼
Profit to be distributed694/7€357k€357k=
Return on contributions (dividend)694€357k€357k=
Social balance
Average headcount (FTE)908728.427.7▼
The notes to these accounts (78 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 9 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
31-12
Financial
Highest result since 2018net €932k ▲17.6%
Operating result €1.14M, net result €932k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €2MEq €2.03M ▲12.2%
3 profitable years in a row build equity to €2.03M.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €435k ▼7.9%
Net result drops to €435k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Amay · 1 establishment unit since 1967
Ground area
1,497 m²
Building footprint
66 m²
Parcel 61004B0422/00Y002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Waloppe(AMP) 5, 4540 Amay
since 19672.001.343.887
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61004B0422/00Y002indicative | Wallonia | 1,497 m² | 1 · 65 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,719 companies in sector 47521 we hold annual accounts for 1,287. 697 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-04-1967
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.