Equity
Equity fell by 44% in 11 years.
Equity fell by 44% in 11 years.
The result fell in 2025 from €324,575 to €30,434.
€3.7m of the debts are secured on the company's own assets. In 2022 that was €3.2m.
Between 2022 and 2025, 59% of the full-time equivalents disappeared.
Two of the last ten came late. The 2023 accounts came latest: 56 days after the end of the period.
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro). It does better than 17% of them on solvency, 13% on liquidity, 17% on profitability and 48% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 3,984 companies had the same profile as POLO.platform has now. Each dot stands for 10 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of POLO.platform itself: 0.2% within 12 months.
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 3,984 companies, not a prediction for POLO.platform. 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.
Liquidity is tight, with a current ratio of 1.02 (1.1 in 2024), below the usual 1.5. Short-term debt is 71.9% and cash 15.6% of total assets. 86.9% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| POLO.platform Antwerp | €6.4m | €0.6m | 13.1% | 5 |
| Glenn Sestig Architects Sint-Martens-Latem | €5.2m | €0.8m | 25.6% | 4.1 |
| BERKEIN ARCHITECTS Aalter | €4.1m | €0.6m | 16.9% | 4.3 |
| SANSEN CONSULTING Kortrijk | €7.6m | €0.4m | 20.7% | 3.9 |
| B - ARCHITECTEN - EVERT CROLS, DIRK ENGELEN, SVEN GROOTEN ARCHITECTENASSOCIATIE Antwerp | €6.3m | €1.4m | 47.6% | 3.3 |
| Oloroso Antwerp | €6.0m | €1.1m | 29.1% | 7.6 |
| PISSART, ARCHITECTURE ET ENVIRONNEMENT Liège | €3.1m | €0.7m | 43.4% | 5.9 |
These companies have the same main activity as POLO.platform: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €3.1m and €7.6m, founded between 1974 and 2002.
POLO.platform files the abbreviated format. That format states no turnover. The gross margin rose from €639,510 in 2006 to €642,112 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Amounts without an identifiable currency are taken as euros.
Higher than 18% of 2,565 companies in 2025.
Higher than 23% of 2,521 companies in 2025.
Higher than 26% of 2,542 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half · Staff: middle half
Not in that year's accounts.
Staff costs divided by the average number of full-time equivalents.
In 2025, 1 person joined and nobody left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
6.4m | 6.8m | 7.3m | 6.3m | 6.7m | 5.9m | 5.2m | 4.6m | 3.4m | 3.4m | 3.6m | 4.1m | 3.6m | 3.4m | 3.4m | 2.6m | 2.2m | 2.2m | 1.7m | 1.8m | |
20 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
21/28 |
1.7m | 1.8m | 2.0m | 612,126 | 707,025 | 820,548 | 564,779 | 473,196 | 455,342 | 404,470 | 459,451 | 273,656 | 286,910 | 354,033 | 253,156 | 225,850 | 232,205 | 248,452 | 284,276 | 322,594 | |
21 |
12,201 | 38,604 | 84,170 | 142,366 | 168,299 | 194,389 | 60,723 | 52,370 | 77,539 | 116,309 | 155,078 | - | - | - | - | - | - | - | - | - | |
22/27 |
1.7m | 1.7m | 1.9m | 451,248 | 520,214 | 607,647 | 485,544 | 402,315 | 372,624 | 282,983 | 299,194 | 268,477 | 281,731 | 348,854 | 247,773 | 220,467 | 226,822 | 243,069 | 278,893 | 317,211 | |
22 |
1.4m | 1.4m | 1.5m | 30,503 | 31,965 | 35,488 | 39,937 | 56,531 | 73,125 | 89,720 | 105,393 | 95,004 | 118,603 | 142,201 | 115,943 | 130,935 | 149,993 | 169,051 | 188,109 | 207,167 | |
23 |
125,753 | 146,359 | 201,944 | 106,580 | 143,674 | 166,491 | 51,388 | 53,299 | 32,255 | 39,821 | 47,064 | 57,368 | 48,354 | 57,089 | 15,092 | 2,675 | 1,608 | 5,140 | 3,847 | 6,421 | |
24 |
101,178 | 139,513 | 229,571 | 314,164 | 344,574 | 405,667 | 394,220 | 292,484 | 267,244 | 153,442 | 146,737 | 116,105 | 114,774 | 149,564 | 116,738 | 86,857 | 75,220 | 68,877 | 86,936 | 103,622 | |
26 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
27 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
28 |
18,512 | 18,512 | 18,512 | 18,512 | 18,512 | 18,512 | 18,512 | 18,512 | 5,179 | 5,179 | 5,179 | 5,179 | 5,179 | 5,179 | 5,383 | 5,383 | 5,383 | 5,383 | 5,383 | 5,383 | |
284/8 |
- | - | 18,512 | 18,512 | 18,512 | 18,512 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
285/8 |
- | - | 18,512 | 18,512 | 18,512 | 18,512 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
4.7m | 5.0m | 5.3m | 5.7m | 6.0m | 5.1m | 4.6m | 4.1m | 2.9m | 3.0m | 3.1m | 3.8m | 3.3m | 3.1m | 3.1m | 2.4m | 2.0m | 2.0m | 1.5m | 1.5m | |
290 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
3 |
752,817 | 1.1m | 1.1m | 1.5m | 1.6m | 0 | - | 0 | 0 | - | - | 227,805 | 227,805 | - | - | - | - | - | 151,378 | - | |
30/36 |
- | - | - | - | - | - | - | 0 | 0 | - | - | 227,805 | 227,805 | - | - | - | - | - | 151,378 | - | |
37 |
752,817 | 1.1m | 1.1m | 1.5m | 1.6m | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
2.7m | 3.3m | 3.7m | 3.4m | 3.9m | 4.3m | 4.3m | 3.6m | 2.8m | 2.8m | 2.8m | 3.0m | 2.7m | 2.5m | 3.0m | 1.9m | 1.9m | 1.6m | 1.0m | 879,380 | |
40 |
2.7m | 3.3m | 3.6m | 3.4m | 3.9m | 4.2m | 3.8m | 3.5m | 2.4m | 2.4m | 2.5m | 2.3m | 2.1m | 1.8m | 2.3m | 1.3m | 1.4m | 1.1m | 495,160 | 461,773 | |
41 |
27,857 | 3,691 | 14,842 | 35,362 | 766 | 116,326 | 504,573 | 165,290 | 328,217 | 308,828 | 257,090 | 768,456 | 665,731 | 687,965 | 623,289 | 584,882 | 496,945 | 519,730 | 542,587 | 417,607 | |
50/53 |
- | - | 0 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 41,261 | 139,637 | 260,092 | |
51/53 |
- | - | 0 | 44 | 44 | 44 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
994,992 | 365,222 | 314,756 | 647,360 | 245,627 | 492,535 | 48,979 | 347,937 | 33,253 | 76,804 | 256,472 | 495,395 | 332,061 | 527,993 | 133,754 | 446,673 | 70,249 | 319,611 | 119,629 | 314,675 | |
490/1 |
222,005 | 314,066 | 216,664 | 198,639 | 261,968 | 307,485 | 261,873 | 152,246 | 125,097 | 175,098 | 103,532 | 80,684 | 60,594 | 60,594 | - | 40,542 | 44,819 | 34,274 | 9,386 | 38,693 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
6.4m | 6.8m | 7.3m | 6.3m | 6.7m | 5.9m | 5.2m | 4.6m | 3.4m | 3.4m | 3.6m | 4.1m | 3.6m | 3.4m | 3.4m | 2.6m | 2.2m | 2.2m | 1.7m | 1.8m | |
10/15 |
836,852 | 806,418 | 481,842 | 72,451 | 72,451 | 72,451 | 20,451 | 20,451 | 20,451 | 784,653 | 783,763 | 1.5m | 1.4m | 1.4m | 1.4m | 1.3m | 1.2m | 1.1m | 947,966 | 791,160 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 6,197 | 6,197 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | 12,395 | 12,395 | |
11 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
12 |
1.3m | 1.4m | 1.4m | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
13 |
109,075 | 55,467 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 765,045 | 765,045 | 1.5m | 1.4m | 1.4m | 1.4m | 1.3m | 1.2m | 1.1m | 941,769 | 784,963 | |
130/1 |
- | 0 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
- | 0 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
109,075 | 55,467 | - | - | - | - | - | 0 | 0 | 763,186 | 763,186 | 1.5m | 1.4m | 1.4m | 1.4m | 1.3m | 1.2m | 1.1m | 939,909 | 783,103 | |
14 |
-614,905 | -645,339 | -969,914 | 52,000 | 52,000 | 52,000 | - | 0 | 0 | 1,016 | 126 | - | - | - | - | - | - | - | - | - | |
15 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
16 |
- | - | - | - | - | - | - | - | - | - | - | 82,237 | 82,237 | 82,237 | 32,237 | 32,237 | 32,237 | 32,237 | 32,237 | 32,237 | |
160/5 |
- | - | - | - | - | - | - | 0 | 0 | - | - | 82,237 | 82,237 | 82,237 | 32,237 | 32,237 | 32,237 | 32,237 | 32,237 | 32,237 | |
160 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
161 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
163 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
5.5m | 6.0m | 6.9m | 6.2m | 6.6m | 5.9m | 5.1m | 4.6m | 3.4m | 2.6m | 2.8m | 2.5m | 2.1m | 1.9m | 1.9m | 1.3m | 1.0m | 1.1m | 761,849 | 992,036 | |
17 |
884,991 | 1.2m | 1.2m | 31,818 | 1.0m | 1.1m | 1.0m | 1.1m | 49,595 | 59,637 | 98,612 | 109,291 | 120,798 | 239,709 | 145,670 | 146,112 | 162,901 | 193,016 | 220,306 | 258,439 | |
170/4 |
884,991 | 1.2m | 1.2m | 31,818 | 1.0m | 1.1m | 1.0m | 1.1m | 49,595 | 59,637 | 98,612 | 109,291 | 120,798 | 239,709 | 145,670 | 146,112 | 162,901 | 193,016 | 220,306 | 258,439 | |
170 |
- | - | 1.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
173 |
- | - | 175,178 | 31,818 | 28,263 | 49,165 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
174 |
- | - | - | 0 | 1.0m | 1.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
175 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
176 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
4.6m | 4.6m | 5.7m | 6.2m | 5.5m | 4.7m | 4.0m | 3.5m | 3.3m | 2.6m | 2.7m | 2.1m | 1.7m | 1.5m | 1.4m | 968,384 | 723,120 | 760,799 | 354,759 | 645,597 | |
42 |
19,704 | 52,431 | 57,013 | 1.2m | 20,901 | 20,651 | 93,087 | 289,158 | 193,405 | 515,281 | 404,407 | 70,610 | 86,674 | 65,108 | 90,463 | 86,995 | 100,196 | 97,540 | 84,051 | 76,083 | |
43 |
3.5m | 3.5m | 3.5m | 3.0m | 2.7m | 2.6m | 1.9m | 901,868 | 371,868 | 585,399 | 450,000 | 574,271 | 278,932 | 291,667 | 245,833 | 261,658 | 35,158 | 80,276 | 98,790 | 76,767 | |
430/8 |
3.5m | 3.5m | 3.5m | 3.0m | 2.7m | 2.6m | 1.9m | 901,868 | 371,868 | 585,399 | 450,000 | 574,271 | 278,932 | 291,667 | 245,833 | 261,658 | 35,158 | 80,276 | 98,790 | 76,767 | |
439 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
44 |
947,408 | 774,891 | 1.9m | 1.8m | 1.9m | 1.6m | 1.6m | 1.6m | 1.8m | 725,233 | 649,361 | 263,080 | 483,078 | 622,687 | 615,069 | 413,525 | 204,263 | 263,460 | 150,083 | 246,376 | |
440/4 |
947,408 | 774,891 | 1.9m | 1.8m | 1.9m | 1.6m | 1.6m | 1.6m | 1.8m | 725,233 | 649,361 | 263,080 | 483,078 | 622,687 | 615,069 | 413,525 | 204,263 | 263,460 | 150,083 | 246,376 | |
441 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
46 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | 7,500 | 7,500 | - | - | |
45 |
119,962 | 226,240 | 101,061 | 165,703 | 256,018 | 87,610 | 38,646 | 75,429 | 264,794 | 534,192 | 256,545 | 192,654 | 160,420 | 70,100 | 170,382 | 6,206 | 59,064 | 84,486 | 14,296 | 14,147 | |
450/3 |
92,431 | 193,883 | 75,783 | 103,443 | 197,446 | 33,121 | 5,231 | 65,563 | 257,823 | 521,808 | 243,573 | 181,393 | 153,475 | 62,590 | 166,180 | - | 55,565 | 81,152 | 11,043 | 11,043 | |
454/9 |
27,531 | 32,358 | 25,278 | 62,260 | 58,572 | 54,488 | 33,416 | 9,866 | 6,971 | 12,384 | 12,972 | 11,261 | 6,945 | 7,510 | 4,202 | 6,206 | 3,499 | 3,334 | 3,253 | 3,104 | |
47/48 |
- | 0 | 83,518 | 43,826 | 581,353 | 322,189 | 347,872 | 611,103 | 638,424 | 205,197 | 900,445 | 1.0m | 720,390 | 493,390 | 325,000 | 200,000 | 316,939 | 227,539 | 7,539 | 232,224 | |
492/3 |
72,394 | 258,546 | 0 | 58,000 | 100,500 | 136,000 | 100,000 | 0 | 0 | 4,969 | 60,798 | 277,927 | 257,809 | 142,078 | 292,573 | 147,854 | 129,047 | 125,118 | 186,785 | 88,001 | |
| Income statement | |||||||||||||||||||||
70/76A |
- | - | 8.3m | 11.7m | 12.0m | 11.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
70 |
- | - | 8.6m | 11.6m | 10.4m | 11.4m | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | |
71 |
- | - | -437,012 | -11,852 | 1.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
74 |
- | - | 137,628 | 113,879 | 86,790 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
- | 0 | 0 | 0 | 4,000 | 0 | 18,235 | 0 | 0 | - | 57,474 | - | 110,581 | - | 13,223 | - | 2,479 | - | 10,525 | 793 | |
9900 |
642,112 | 1.4m | - | - | - | - | 672,096 | 450,641 | 480,594 | 937,863 | 700,880 | 1.3m | 1.0m | 952,462 | 668,220 | 641,264 | 576,029 | 622,145 | 459,717 | 639,510 | |
60/66A |
- | - | 9.2m | 11.5m | 11.9m | 11.2m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
60/61 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | |
60 |
- | - | 6.1m | 6.7m | 6.9m | 6.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
600/8 |
- | - | 6.1m | 6.7m | 6.9m | 6.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
61 |
- | - | 2.5m | 3.8m | 4.1m | 3.9m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
62 |
293,334 | 308,066 | 440,285 | 650,313 | 575,641 | 531,961 | 320,310 | 111,423 | 75,769 | 72,395 | 52,861 | 134,886 | 131,553 | 85,037 | 73,791 | 80,579 | 46,732 | 35,826 | 36,491 | 32,025 | |
630 |
199,152 | 267,563 | 262,692 | 238,296 | 246,259 | 217,767 | 246,255 | 190,836 | 148,762 | 116,332 | 142,886 | 81,618 | 92,272 | 96,071 | 93,640 | 61,580 | 97,164 | 85,911 | 93,817 | 92,967 | |
631/4 |
-105,872 | 131,522 | -90,453 | 89,290 | 0 | 41,513 | - | 0 | 0 | - | -50,000 | - | - | - | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | 0 | 0 | - | -32,237 | - | - | - | - | - | - | - | - | - | |
640/8 |
21,480 | 14,607 | 14,639 | 37,506 | 13,016 | 15,541 | 22,868 | 23,514 | 22,841 | 22,629 | 28,752 | 24,281 | 15,381 | 71,615 | 25,473 | 21,621 | 16,633 | 22,164 | 13,187 | 14,304 | |
649 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
66A |
0 | 41,476 | 16,828 | 0 | 567 | 0 | 5,887 | 9,988 | 0 | - | 846 | - | 12,063 | 50,000 | 506 | - | - | - | - | 8,600 | |
9901 |
234,019 | 664,914 | -870,630 | 139,183 | 126,686 | 186,316 | 76,775 | 114,880 | 233,223 | 726,507 | 558,619 | 1.1m | 801,289 | 699,740 | 475,316 | 477,484 | 415,500 | 478,244 | 316,221 | 500,213 | |
75/76B |
232 | 657 | 308 | 3,345 | 4,212 | 677 | 84 | 13,399 | 24,459 | 23,579 | 17,680 | 529 | 16,679 | 21,027 | 14,710 | 352 | 14,560 | 14,039 | 16,925 | 10,483 | |
75 |
232 | 657 | 308 | 3,345 | 4,212 | 677 | 84 | 13,399 | 24,459 | 23,579 | 17,680 | 529 | 16,679 | 21,027 | 14,710 | 352 | 14,560 | 14,039 | 16,925 | 10,483 | |
750 |
- | - | 0 | 1,249 | 19 | 672 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
752/9 |
- | - | 308 | 2,095 | 4,192 | 5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76B |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
203,641 | 340,822 | 150,523 | 91,861 | 105,988 | 104,067 | 76,394 | 38,729 | 37,851 | 73,628 | 35,096 | 14,355 | 15,299 | 25,887 | 19,120 | 17,904 | 23,635 | 16,840 | 26,238 | 20,204 | |
65 |
203,641 | 340,822 | 150,523 | 91,861 | 105,988 | 104,067 | 76,394 | 38,729 | 37,851 | 73,628 | 35,096 | 14,355 | 15,299 | 25,887 | 19,120 | 17,904 | 23,635 | 16,840 | 26,238 | 20,204 | |
650 |
- | - | 134,703 | 73,302 | 92,929 | 96,886 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
652/9 |
- | - | 15,820 | 18,559 | 13,059 | 7,181 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
66B |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
30,610 | 324,749 | -1.0m | 50,667 | 24,910 | 82,925 | 465 | 89,550 | 219,831 | 676,458 | 597,831 | 1.1m | 901,187 | 644,880 | 483,622 | 459,933 | 408,905 | 475,444 | 317,434 | 482,685 | |
67/77 |
176 | 174 | 1,070 | 50,667 | 24,910 | 30,925 | 465 | 89,550 | 80,307 | 675,569 | 597,704 | 298,860 | 197,849 | 155,330 | 146,602 | 132,163 | 153,246 | 100,870 | 160,627 | 184,482 | |
670/3 |
- | - | 1,070 | 50,667 | 24,910 | 30,926 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
77 |
- | - | - | - | 0 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
30,434 | 324,575 | -1.0m | - | 0 | 52,000 | - | 0 | 139,524 | 889 | 126 | 758,364 | 703,338 | 489,550 | 337,020 | 327,770 | 255,659 | 374,574 | 156,806 | 298,203 | |
789 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
30,434 | 324,575 | -1.0m | - | 0 | 52,000 | - | 0 | 139,524 | 889 | 126 | 758,364 | 703,338 | 489,550 | 337,020 | 327,770 | 255,659 | 374,574 | 156,806 | 298,203 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-614,905 | -645,339 | -969,914 | 52,000 | 52,000 | 52,000 | - | - | 140,540 | 1,016 | 126 | 758,364 | 703,338 | 489,550 | 337,020 | 327,770 | 255,659 | 374,574 | 156,806 | 298,203 | |
14P |
-645,339 | -969,914 | 52,000 | 52,000 | 52,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | 0 | 763,186 | - | 715,000 | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 58,364 | 3,338 | 1,550 | 137,020 | 127,770 | 55,659 | 154,574 | 156,806 | 135,203 | |
691 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | 0 | 0 | - | - | 58,364 | 3,338 | 1,550 | 137,020 | 127,770 | 55,659 | 154,574 | 156,806 | 135,203 | |
694/7 |
- | - | - | - | - | - | - | - | 903,726 | - | 715,000 | 700,000 | 700,000 | 488,000 | 200,000 | 200,000 | 200,000 | 220,000 | - | 163,000 | |
694 |
- | - | - | - | - | - | - | 0 | 903,726 | - | 715,000 | 700,000 | 700,000 | 400,000 | 200,000 | 200,000 | 200,000 | 220,000 | - | 163,000 | |
695 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | 88,000 | - | - | - | - | - | - | |
696 |
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
5 | 5 | 6.7 | 12.2 | 12 | 11.4 | 7 | 3.1 | 2.4 | 2.5 | 2.1 | 2.5 | 2.2 | 2.8 | 2.2 | 1.6 | 1.2 | 0.9 | 0.9 | 0.9 | |
Men (FTE)1003 |
- | - | 1.7 | 3 | 3.4 | 2.9 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Women (FTE)1003 |
- | - | 5 | 9.2 | 8.6 | 8.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Agency workers1501 |
- | - | 0.6 | - | 0.6 | 0.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Hours worked1013 |
7,159 | 7,598 | 9,875 | 20,344 | 19,520 | 17,779 | 12,016 | 4,982 | 3,875 | 3,452 | 2,323 | 4,254 | 4,233 | 3,455 | 3,055 | 3,035 | 2,144 | 1,392 | 1,538 | 1,346 | |
| Document | |||||||||||||||||||||
The accounts for 13 older financial years (1992-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 29 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-06-2026 | 2026-00235387 | |
| 31-12-2024 | abbreviated format | 02-07-2025 | 2025-00216249 | |
| 31-12-2023 | full format | 25-09-2024 | 2024-00473837 | |
| 31-12-2022 | full format | 06-07-2023 | 2023-00215196 | |
| 31-12-2021 | full format | 30-06-2022 | 2022-20153348 | |
| 31-12-2020 | full format | 12-07-2021 | 2021-36600187 | |
| 31-12-2019 | abbreviated format | 02-09-2020 | 2020-49400070 | |
| 31-12-2018 | abbreviated format | 26-06-2019 | 2019-22300483 | |
| 31-12-2017 | abbreviated format | 17-07-2018 | 2018-33300478 | |
| 31-12-2016 | abbreviated format | 29-06-2017 | 2017-22700538 | |
| 31-12-2015 | abbreviated format | 19-12-2016 | 2016-70300344 | |
| 31-12-2014 | abbreviated format | 27-08-2015 | 2015-48500137 | |
| 31-12-2013 | abbreviated format | 29-07-2014 | 2014-35800363 | |
| 31-12-2012 | abbreviated format | 28-08-2013 | 2013-48400023 | |
| 31-12-2011 | abbreviated format | 16-08-2012 | 2012-41100041 | |
| 31-12-2010 | abbreviated format | 29-08-2011 | 2011-45700493 | |
| 31-12-2009 | abbreviated format | 12-08-2010 | 2010-40800161 | |
| 31-12-2008 | abbreviated format | 28-08-2009 | 2009-65400080 | |
| 31-12-2007 | abbreviated format | 28-08-2008 | 2008-63600304 | |
| 31-12-2006 | abbreviated format | 27-08-2007 | 2007-59500166 | |
| 31-12-2005 | abbreviated format | 25-09-2006 | 2006-79803384 | |
| 31-12-2004 | abbreviated format | 30-09-2005 | 2005-81701245 | |
| 31-12-2003 | abbreviated format | 01-10-2004 | 2004-70801832 | |
| 31-12-2002 | abbreviated format | 15-09-2003 | 2003-67200340 | |
| 31-12-2001 | abbreviated format | 25-10-2002 | 2002-68603061 | |
| 31-12-2000 | abbreviated format | 12-09-2001 | 2001-55704671 | |
| 31-12-1999 | abbreviated format | 29-09-2000 | 2000-60101584 | |
| 31-12-1998 | abbreviated format | 15-11-1999 | 1999-58600472 | |
| 31-12-1997 | abbreviated format | 22-12-1998 | 1998-62702499 | |
| 31-12-1996 | abbreviated format | 05-12-1997 | 1997-55701206 | |
| 31-12-1995 | abbreviated format | 16-01-1997 | 1997-00801013 | |
| 31-12-1993 | abbreviated format | 21-10-1994 | 1994-44602416 | |
| 31-12-1992 | abbreviated format | 30-06-1994 | 1994-25103393 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €644 | €644 |
| 2024 | 1 | €1,032 | €1,032 |
| 2023 | 1 | €1,282 | €1,323 |
| 2022 | 1 | €2,655 | €2,655 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 433,171 | 932,477 | -607,939 | 377,479 | 372,945 | 404,082 | 323,030 | 305,716 | 381,985 | 842,839 | 701,505 | 1.2m | 893,561 | 795,811 | 568,955 | 539,064 | 512,665 | 564,156 | 410,038 | 593,180 | ||
| 229,585 | 592,138 | -759,223 | - | 246,259 | 269,767 | - | 190,836 | 288,286 | 117,221 | 143,012 | 839,982 | 795,610 | 585,621 | 430,660 | 389,350 | 352,824 | 460,485 | 250,623 | 391,171 | ||
| 93,277 | 18,928 | 259,458 | 148,013 | 133,303 | 473,535 | 340,742 | 218,678 | 199,654 | 61,351 | 284,886 | 68,364 | 25,148 | 197,152 | 120,946 | 55,225 | 80,917 | 50,087 | 55,499 | 31,993 | ||
| 629,769 | 50,466 | -332,604 | 401,733 | -246,908 | 443,556 | -298,958 | 314,685 | -43,552 | -179,668 | -238,923 | 163,335 | -195,932 | 394,239 | -312,919 | 376,425 | -249,362 | 199,982 | -195,046 | - | ||
| 108,550 | 451,472 | -362,828 | -449,857 | 514,539 | 457,417 | 576,021 | 660,691 | -385,296 | 444,788 | 483,723 | 1.7m | 1.6m | 1.5m | 1.7m | 1.4m | 1.3m | 1.2m | 1.1m | 847,243 | ||
| - | - | -10.1% | 1.2% | 1.2% | 1.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 13.1% | 11.9% | 6.6% | 1.1% | 1.1% | 1.2% | 0.4% | 0.4% | 0.6% | 23.0% | 21.7% | 36.6% | 39.7% | 41.7% | 42.8% | 50.1% | 52.8% | 50.1% | 54.4% | 43.6% | ||
| 1.02 | 1.10 | 0.94 | 0.93 | 1.09 | 1.10 | 1.14 | 1.19 | 0.88 | 1.17 | 1.18 | 1.80 | 1.93 | 2.00 | 2.14 | 2.44 | 2.75 | 2.60 | 4.11 | 2.31 | ||
| 0.86 | 0.87 | 0.74 | 0.69 | 0.81 | 1.10 | 1.14 | 1.19 | 0.88 | 1.17 | 1.18 | 1.69 | 1.80 | 2.00 | 2.14 | 2.44 | 2.75 | 2.60 | 3.68 | 2.31 | ||
| 6.63 | 7.43 | 14.24 | 86.13 | 91.50 | 80.98 | - | - | - | 3.35 | 3.60 | 1.68 | 1.46 | 1.34 | 1.31 | 0.97 | 0.87 | 0.97 | 0.80 | 1.25 | ||
| 3.6% | 40.2% | -212.1% | - | 0.0% | 71.8% | - | 0.0% | 682.2% | 0.1% | 0.0% | 50.6% | 48.8% | 34.1% | 23.5% | 25.2% | 21.8% | 33.6% | 16.5% | 37.7% | ||
| 0.5% | 4.8% | -13.9% | - | 0.0% | 0.9% | - | 0.0% | 4.1% | 0.0% | 0.0% | 18.5% | 19.4% | 14.2% | 10.1% | 12.6% | 11.5% | 16.8% | 9.0% | 16.4% | ||
| 2.13 | 2.74 | -4.51 | 5.15 | 4.01 | 4.17 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | 154 days | 106 days | 138 days | 135 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | 82 days | 61 days | 64 days | 57 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 6 | 5 | 12 | 16 |
| full-time | 2 | 3 | 1 | 7 | 7 |
| part-time | 5 | 3 | 4 | 5 | 9 |
| in full-time equivalents | 5.6 | 5.2 | 4.1 | 10.9 | 12.6 |
| 5 | 5 | 6.7 | 12.2 | 12 | |
| On a permanent contract | 7 | 6 | 5 | 12 | 13 |
| Joined | 1 | 6 | 7 | 7 | 14 |
| Left | 0 | 5 | 14 | 11 | 11 |
| Agency workers, average number | - | - | 0.6 | - | 0.6 |
| Training hours | - | 19 | 32 | 4 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €3.7m | €3.7m | €3.7m | €3.2m | - |
| Mortgages, amount registered | €25,000 | €25,000 | €25,000 | €1.4m | €1.4m |
| €1.4m | €1.4m | €1.4m | €2.7m | - | |
| Carrying value of the mortgaged assets | €1.4m | €1.4m | €1.5m | €30,503 | €31,965 |
| €3.5m | €3.5m | €3.5m | €3.5m | €611,118 | |
| Mandates to pledge the business | - | - | - | €24,789 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €93,277 | €18,928 | €259,458 | €116,690 | €105,664 |
| Intangible fixed assets | - | - | - | €31,323 | €27,639 |
| Financial fixed assets | €0 | - | - | - | - |
| €199,152 | €267,563 | €262,692 | €238,296 | €246,259 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The auditor is De Roover & Partners Bedrijfsrevisoren.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fee for the audit | - | - | €10,976 | €9,456 | €9,000 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
The operating result for 2025 is 65% lower than in 2024.
Debt's share of the balance-sheet total falls from 88.1% to 86.9%. Equity is higher and debt is lower.
POLO.platform has no parent and no holdings in its annual accounts. POLO.platform shares no director with another company.
| Mint Tandartsen
establishment since 01-09-2022 · founded in 2020 · negative equity (2025) · group Munt Dental · accounts filed late |
19 FTE (2025) 0753.399.790 |
| SYRUS BELGIUM
registered office since 11-09-2006 · founded in 2006 |
turnover €36.2m (2025) 0883.227.461 |
| LEBELCO
registered office since 16-12-1992 · founded in 1992 |
total assets €28.6m (2025) 0447.762.589 |
| BUBO IT PARTNERS
registered office since 01-01-2021 · founded in 2020 · group Robur Capital |
turnover €1.1m (2025) 0756.632.365 |
| LARES
registered office since 04-02-2003 · founded in 2002 |
total assets €18.4m (2025) 0478.059.055 |
| LINC LEXINGTON
registered office since 28-01-2000 · founded in 1999 · negative equity (2025) |
total assets €11.8m (2025) 0468.230.678 |
| LEEMCO
registered office since 28-12-1981 · founded in 1981 |
total assets €11.4m (2025) 0422.043.634 |
| LEMAN INVEST
registered office since 01-12-1929 · founded in 1929 |
total assets €10.4m (2025) 0404.961.142 |
| SupplyStack
establishment since 01-08-2013 · founded in 2013 · negative equity (2024) · accounts filed late |
13 FTE (2024) 0521.837.630 |
| Antwerps Octrooi- en Merkenbureau M.F.J. Bockstael - Bureau des Brevets et des Marques M.F.J. Bockstael
registered office since 29-03-1978 · founded in 1968 · group Robur Capital |
12 FTE (2025) 0400.526.955 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Tavernierkaai 2 registered office 2000 Antwerp | 07-08-1991 | 2.228.906.976 |
| Havenlaan 86c box 409 1000 Brussels | 29-08-2022 | 2.334.682.805 |
| 24-12-2020 | Granted | Bouwen of herbouwen; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 15-10-2020 · project 2020137166 | Antwerpen |
| 19-10-2020 | Discontinued | Bouwen of herbouwen; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 24-09-2020 · project 2020122495 | Antwerpen |
| 15-06-2020 | Discontinued | Functiewijziging submitted 06-05-2020 · project 2020046834 | Puurs-Sint-Amands |
| 04-05-2020 | Granted | Slopen van niet vrijstaande gebouwen of constructies submitted 30-12-2019 · project 2019133891 | Mechelen |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11002A0058/00B000 | 592 m² | 1 · 559 m² | 41.9 m · 12 |
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