POLNET
ActivePOLNET has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €133k and a net result of €1k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-17
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 21.48; short-term debt: 4.7% and cash: 10% of total assets), and 4.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-01-2026, 182 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2024
182 d late
2024
14 d late
2023
on the day
2022
92 d late
2021
26 d late
2020
32 d early
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€135k▼ 43.1%
2024 · €237k
2019: €416k
2020: €403k
2021: €242k
2022: €271k
2023: €361k
2024: €237k
2019 → 2024
EBIT margin
9.7%▲ 6.2pp
2024 · 3.5%
2019: 3.0%
2020: 2.3%
2021: 10.4%
2022: 21.5%
2023: -2.0%
2024: 3.5%
2019 → 2024
Net result
€1k
2024 · €-2k
2019: €3k
2020: €760
2021: €17k
2022: €53k
2023: €963
2024: €-2k
2019 → 2024
Working capital
€133k▲ 0.9%
2024 · €132k
2019: €149k
2020: €53k
2021: €61k
2022: €125k
2023: €132k
2024: €132k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242024Trend
Turnover€242k-€271k▲ 11.9%€361k▲ 33.2%€237k▼ 34.4%€135k▼ 43.1%
Equity€81k-€133k▲ 65.1%€134k▲ 0.7%€132k▼ 1.7%€133k▲ 0.9%
Operating result€25k-€58k▲ 132%€-7k€8k€13k▲ 58.5%
Net result€17k-€53k▲ 216%€963▼ 98.2%€-2k€1k
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€19=
Current assets
€140k▲ 0.6%
Equity and liabilities €140k
Equity
€133k▲ 0.9%
Debt
€7k▼ 5.4%
The debt ratio falls from 4.9% to 4.7%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
95.3%▲
2024 · 95.1%
Current ratio
21.48▲
2024 · 20.21
Quick ratio
21.48▲
2024 · 20.21
Debt / equity
0.05▼
2024 · 0.05
ROE
0.9%▲
2024 · -1.8%
ROA
0.8%▲
2024 · -1.7%
Debt
€7k▼
2024 · €7k
Debt ≤ 1 year
€7k▼
2024 · €7k
Income taxes
€6k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2024
Balance sheet
Code20242024
Assets
Total assets20/58€139k€140k▲
Fixed assets21/28€19€19=
Financial fixed assets28€19€19=
Current assets29/58€139k€140k▲
Amounts receivable within one year40/41€124k€126k▲
Trade receivables40€111k€110k▼
Other amounts receivable41€14k€16k▲
Cash at bank and in hand54/58€15k€14k▼
Equity and liabilities
Total equity and liabilities10/49€139k€140k▲
Equity10/15€132k€133k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€112k€113k▲
Amounts payable17/49€7k€7k▼
Amounts payable within one year42/48€7k€7k▼
Trade debts44€567€194▼
Suppliers440/4€567€194▼
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€3k€3k▼
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€135€321▲
Income statement
Code20242024
Turnover70€237k€135k▼
Goods, raw materials, services and sundry goods60/61€220k€120k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Other operating charges640/8€6k€2k▼
Gross operating margin9900€17k€15k▼
Operating profit (loss)9901€8k€13k▲
Financial income75/76B€64€295▲
Recurring financial income75€64€0▼
Non-recurring financial income76B-€295
Financial charges65/66B€2k€6k▲
Recurring financial charges65€346€220▼
Non-recurring financial charges66B€1k€6k▲
Profit (loss) for the period before taxes9903€7k€7k▲
Income taxes67/77€9k€6k▼
Profit (loss) for the period9904€-2k€1k▲
Profit (loss) for the period to be appropriated9905€-2k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€112k€113k▲
Profit (loss) brought forward from the previous period14P€114k€112k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 182 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
31-03
Financial
Weakest financial yearnet €-2k ▼340%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity triplescurrent ratio 20.21
Current ratio from 6.35 to 20.21; short-term debt falls from €25k to €7k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-03
Financial
Highest result since 2019net €53k ▲216%
Operating result €58k, net result €53k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 3.23
Current ratio from 1.39 to 3.23; short-term debt falls from €159k to €56k.
31-03
Financial
Equity above €100kEq €133k ▲65.1%
4 profitable years in a row build equity to €133k.
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
17-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Schaarbeek · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Maurice Maeterlincklaan 91030 SchaarbeekGround area
396 m²
Building footprint
239 m²
Volume, LiDAR
2,798 m³
2 parcels, Brussels · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Polnet SPRL
since 20052.146.364.134
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21015A0076/00K004 | Brussels | 276 m² | 1 · 91 m² | 14.2 m · 4 fl. |
| 21908E0008/00S003 | Brussels | 120 m² | 1 · 147 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AVANT-APRES
BE 0879.005.486
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AMGE-CONSTRUCT
BE 0778.535.955
La Louvière · Eq €133k
City Renov
BE 0676.705.652
Sint-Jans-Molenbeek · Eq €133k
K&W RENOVATIONS
BE 0632.878.280
Brussel · Eq €133k
KLINKERWERKEN DARIUSZ
BE 0711.763.729
Bekkevoort · Eq €133k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 6,136 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2005
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
74700
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.