Equity
-€20,374
Debts exceed assets in financial year 2025.
POLMEX
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1998peak €116,940 (2011)
€51,345▼ 1.6%
lowest -€8,755 (2022)
-€3,485▲ €791
peak €21,683 (2013)
-€20,374▼ €3,485
€33,573▲ 36.6%
peak 0.2 FTE (2018)
-not published
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Gross margin from -€3,335 to -€2,518Loss of €3,485Equity from -€16,889 to -€20,374Debts from €24,573 to €33,573Cash from €2,239 to €3,997
Key points
from the 2025 annual accountsLosses
-€30,284 in six years
Every financial year from 2020 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€33,573 254% of the balance sheet
Suppliers 55%Taxes and wages 6%Other 39%
Payment terms
125 days to suppliers
POLMEX pays its suppliers 70 days later than in 2024. Customers pay 27 days later.
Filings
28 annual accounts since 1998
Ten of the last ten came late. The 2020 accounts came latest: 683 days after the end of the period.
Position in the sector
-154.4%
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 52.4% · 10,858 companies.
Checked score
53
Fair
Financially stronger than 15% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.7%▲ +0.1 percentage points vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.6%▼ -0.1 percentage points vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.6%▼ -0.1 percentage points vs 09-2025lowest value
11-2025: 0.7%▲ +0.1 percentage points vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026highest value
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.7%▼ -0.1 percentage points vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Last filed accounts filed 60 days late; 3 of the last 3 accounts late
Loss of €3,485, the second in a row (financial year 2025)
Negative equity -€20,374
lowers risk
Size: turnover €51,345, total assets €13,199
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 70, micro). It does better than 3% of them on solvency, 18% on liquidity, 4% on profitability and 33% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 6,619 companies had the same profile as POLMEX has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of POLMEX itself is lower: 0.7% within 12 months. It rests on far more data about POLMEX 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 6,619 companies, not a prediction for POLMEX. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.38 (0.28 in 2024), below 1. Short-term debt is 254.4% and cash 30.3% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€20,374
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 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
60 days late
2024
60 days late
2023
60 days late
2022
66 days late
2021
318 days late
2020
683 days late
2019
124 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 196 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 30 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0460966863
First establishment
Avenue de la Rose des Vents 19, Waterloo
Incorporation
published on 10-07-1997 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| POLMEX Koekelberg | €13,199 | -€2,518 | -154.4% | - |
| JLW Brussels | €12,274 | -€21,746 | -5492.9% | - |
| INSIDE SPIRIT Uccle | €11,028 | -€16,436 | -1248.5% | - |
| B.E.C. - BENNING EUROPEAN COMMUNICATIONS Brussels | €15,021 | €184 | 55.9% | - |
| Identity International Beveren-Kruibeke-Zwijndrecht | €13,259 | -€2,964 | -4908.4% | - |
| HESO Consultancy Lanaken | €12,723 | -€66 | 85.1% | - |
| ALPHA MANAGEMENT en CONSULTING SERVICES Overijse | €13,304 | -€67 | 46.9% | - |
These companies have the same main activity as POLMEX: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €11,000 and €15,000, founded between 1997 and 2000.
Official details
Source: KBO- Status
- Active since 30-06-1997Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.082.504.4801410 Waterloo, since 03-07-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2026
Insights on POLMEX
POLMEX has existed since 1997. Turnover fell from €68,868 in 2007 to €51,345 in 2025.
Solvency rose in 2025 from -219.8% to -154.4%.
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 POLMEX
- What is the company number of POLMEX?
- The company number of POLMEX is 0460.966.863. The VAT number is the same number with BE in front: BE 0460.966.863.
- Where is POLMEX based?
- The registered office is at Pantheonlaan 23, 1081 Koekelberg.Company details
- What does POLMEX do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of POLMEX?
- POLMEX is a private limited company (pre-2019) (BVBA).
- When was POLMEX founded?
- POLMEX was founded on 30-06-1997.
- Is POLMEX still active?
- Yes, POLMEX is an active enterprise in the KBO register.
- How many employees does POLMEX have?
- POLMEX had an average of 0.2 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of POLMEX?
- The turnover of POLMEX was €51,345 in financial year 2025, according to the filed annual accounts.
- Is POLMEX profitable?
- In financial year 2025, POLMEX made a loss of €3,485.
- Where can I find the annual accounts of POLMEX?
- POLMEX filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POLMEX due?
- POLMEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.