POLISHING ADVANCED SYSTEMS
ActiveSummary
POLISHING ADVANCED SYSTEMS has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,134 and a net result of €3,714. Equity has been stable since 2018 (±1.4% per year). Its solvency ranks better than 69% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-01-2007 Normal situation
- Activity
- Wholesale trade NACE 46442and 1 other
- Establishment unit
- 2.158.656.311 9500 Geraardsbergen, since 17-01-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Board and ownership
- INDUSTRIAL SOLUTIONS IN SOURCING AND STITCHINGDirector · since 08-01-2016 · permanent representative GALLE Vincent
- HATOR100%· score 8630-06-2023 annual accounts of HATOR
- INDUSTRIAL SOLUTIONS IN SOURCING AND STITCHING100%· score 912025 annual accounts of INDUSTRIAL SOLUTIONS IN SOURCING AND STITCHING
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €9,395
- ▲ 24.2%
- Turnover
- ≈ €92,000
- estimated
- Profit
- €3,714
- ▲ 87.1%
- Equity
- €116,134
- ▲ 3.3%
- Total assets
- €185,740
- ▼ 8.4%
- 2025 accounts filed 26 days after the deadline
Score breakdownraises riskSize: total assets €185,740lowers riskFounded in 2007Equity €116,134 (62.5% of total assets)Figures for financial year 2025 (filed on 26-08-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 68% of them on solvency, 45% on liquidity, 56% on profitability and 51% on growth.
The bankruptcy probability was computed on 01-11-2026 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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Signals
The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as POLISHING ADVANCED SYSTEMS: wholesale trade (NACE 46442). They are comparable in size and age: total assets between €78,300 and €242,000, founded between 2000 and 2008.
| Company | Total assets | Gross margin |
|---|---|---|
| POLISHING ADVANCED SYSTEMS Geraardsbergen | €185,740 | €9,395 |
| PLAN-Be Gingelom | €241,874 | €17,665 |
| A.G DISTRIBUTION Houyet | €157,044 | €22,518 |
| KRIVIDA Beringen | €182,938 | €5,189 |
| SAPO Maldegem | €162,129 | €27,135 |
| Immo Minnaert & C° Hasselt | €78,314 | €11,551 |
| CARHER Frasnes-lez-Anvaing | €217,060 | €27,703 |
Key facts about POLISHING ADVANCED SYSTEMS
- What is the company number of POLISHING ADVANCED SYSTEMS?
- The company number of POLISHING ADVANCED SYSTEMS is 0886.143.696. The VAT number is the same number with BE in front: BE 0886.143.696.
- Where is POLISHING ADVANCED SYSTEMS based?
- The registered office is at Dagmoedstraat(Sch) 94B, 9500 Geraardsbergen.Company details
- What does POLISHING ADVANCED SYSTEMS do?
- According to the KBO register, the main activity is wholesale trade (NACE 46442).
- What is the legal form of POLISHING ADVANCED SYSTEMS?
- The legal form of POLISHING ADVANCED SYSTEMS is Private limited company (BV).
- When was POLISHING ADVANCED SYSTEMS founded?
- POLISHING ADVANCED SYSTEMS was founded on 05-01-2007.
- Is POLISHING ADVANCED SYSTEMS still active?
- Yes, POLISHING ADVANCED SYSTEMS is an active enterprise in the KBO register.
- What is the turnover of POLISHING ADVANCED SYSTEMS?
- The turnover in financial year 2025 is ≈ €92,000. This figure is estimated from the gross margin of €9,395 and 69 comparable companies (NACE 464). It probably lies between €48,000 and €290,000. It is a rough estimate.Financials
- Is POLISHING ADVANCED SYSTEMS profitable?
- In financial year 2025, POLISHING ADVANCED SYSTEMS made a profit of €3,714.
- Where can I find the annual accounts of POLISHING ADVANCED SYSTEMS?
- POLISHING ADVANCED SYSTEMS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POLISHING ADVANCED SYSTEMS due?
- POLISHING ADVANCED SYSTEMS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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