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POLKOL

Active
Private limited companyfounded 201114 years activeKrekebekestraat 3, 8610 Kortemark, BelgiumKBO/BCE: BE 0842.188.444
Summary

The computed 12-month bankruptcy probability of POLKOL is 1.9% (moderate). The 2025 annual accounts show equity of €535,367 and a net result of €24,940. Equity is growing by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 12,411 sector peers (NACE 47, fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€1.1mtotal assets 2025
Equity
€535,367
Profit
€24,940
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy probability, 12 months
1.9%
Structure
Accounts filed 59 days late0 of 2 deeds read
Why 54- Liquidity: current ratio 1.83, cash €268, halved- Latest accounts 59 days late; 2 of the last 3 late- Figures for FY 2025 (filed 28-09-2026)+ Founded in 2011Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 41% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Average
Solvency 73+17
equity 48.3% of total assets
Liquidity 25-8
short-term debt 50.8% · cash 0.0%
Profitability 36-4
return on assets 2.2%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,155 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 1.9%▲ +1.1 percentage points vs 09-2026highest value
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.39 in 2024; short-term debt: 50.8% and cash: 0% of total assets), but 51.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 63% on solvency, 22% on liquidity, 28% on profitability and 51% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.83, cash €268, halved
NBB · annual accounts
raises risk · Latest accounts 59 days late; 2 of the last 3 late
NBB · filings
lowers risk · Founded in 2011
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for FY 2025 (filed 28-09-2026)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
59 days late
2024
24 days early
2023
40 days late
2022
63 days late
2021
33 days early
2020
44 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 10 September (4 of the last 5 filed years within 65 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Equity above €500,000Eq €510,427 ▲3.1%

Key points

  • Total assets 20256 fiscal years filed €1.1m View
  • Active since 2011founded 28-12-2011 14 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.1m
Profit
€24,940
Solvency
48.3%
Total assets▼ 33.3%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 09-09-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 31-12-2023Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
28-12-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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