POLSTON TECH SERVICES
ActiveThe computed 12-month bankruptcy probability of POLSTON TECH SERVICES is 14.4% (high). The 2024 annual accounts show negative equity (€-11k) and a net result of €15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 1763 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▲+95
Solvency0=
Growth72▲+17
Track record100
Bankruptcy probability, 12 months
14.4%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 1763 sector peers (2024).
NBB · sector comparisonPosition among 1763 sector peers
Solvency
better than 6%
← weakest
strongest →
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 18-11-2025, 110 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
110 d late
2023
69 d late
2022
18 d early
2021
78 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€105k▼ 8.6%
2023 · €115k
2021: €39k
2022: €104k
2023: €115k
2021 → 2024
EBIT margin
15.2%▲ 45.6pp
2023 · -30.3%
2021: -7.0%
2022: 1.9%
2023: -30.3%
2021 → 2024
Net result
€15k
2023 · €-35k
2021: €-3k
2022: €2k
2023: €-35k
2021 → 2024
Working capital
€-11k▲ 58.9%
2023 · €-28k
2022: €6k
2023: €-28k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€39k-€104k▲ 163%€115k▲ 11.0%€105k▼ 8.6%
Equity€7k-€9k▲ 25.3%€-26k€-11k▲ 59.0%
Operating result€-3k-€2k€-35k€16k
Net result€-3k-€2k€-35k€15k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €16k after a loss of €35k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5k
Fixed assets
€823▼ 56.4%
Current assets
€4k▼ 55.8%
Key figures and ratios
EBITDA
€17k▲
2023 · €-34k
Cash flow
€16k▲
2023 · €-34k
Interest coverage
87.66▲
2023 · -267.47
Debt
€15k▼
2023 · €36k
Debt ≤ 1 year
€15k▼
2023 · €36k
Income taxes
€487
Staff costs
€13k▼
2023 · €60k
Ratios withheld: a balance sheet total of €5k is too small for a meaningful ratio.
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 2023
Balance sheet
Code20232024
Assets
Total assets20/58€10k€5k▼
Fixed assets21/28€2k€823▼
Tangible fixed assets22/27€2k€823▼
Plant, machinery and equipment23€2k€823▼
Current assets29/58€8k€4k▼
Stocks and contracts in progress3€5k€2k▼
Stocks30/36€5k€2k▼
Amounts receivable within one year40/41€2k-
Trade receivables40€2k-
Cash at bank and in hand54/58€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€10k€5k▼
Equity10/15€-26k€-11k▲
Contributions10/11€10k€10k=
Capital10€10k€10k=
Issued capital100€10k€10k=
Profit (loss) carried forward14€-36k€-21k▲
Amounts payable17/49€36k€15k▼
Amounts payable within one year42/48€36k€15k▼
Trade debts44€12k€6k▼
Suppliers440/4€12k€6k▼
Taxes, remuneration and social security45€21k€9k▼
Taxes450/3€1k€5k▲
Remuneration and social security454/9€20k€5k▼
Other amounts payable47/48€3k-
Income statement
Code20232024
Turnover70€115k€105k▼
Goods, raw materials, services and sundry goods60/61€89k€74k▼
Remuneration, social security and pensions62€60k€13k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8-€668
Gross operating margin9900€26k€31k▲
Operating profit (loss)9901€-35k€16k▲
Financial charges65/66B€127€195▲
Recurring financial charges65€127€195▲
Profit (loss) for the period before taxes9903€-35k€16k▲
Income taxes67/77-€487
Profit (loss) for the period9904€-35k€15k▲
Profit (loss) for the period to be appropriated9905€-35k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-21k▲
Profit (loss) brought forward from the previous period14P€-945€-36k▼
Social balance
Average headcount (FTE)908759,581.4-
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
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 110 days late
2024
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 69 days late
2023
31-12
Financial
Weakest financial yearnet €-35k ▼2018%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Elsene · 2 establishment units since 2020
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.
Ernest Solvaystraat 381050 ElseneGround area
108 m²
Building footprint
92 m²
Volume, LiDAR
1,151 m³
2 parcels, Brussels · tallest building 19.3 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
POLSTON TECH SERVICES
since 20202.305.676.043
LE LAAKAM
since 20202.305.676.241
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0888/00C000 | Brussels | 58 m² | 1 · 42 m² | 13.3 m · 3 fl. |
| 21009A0717/00K000 | Brussels | 50 m² | 1 · 51 m² | 19.3 m · 6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.305.676.241
Similar companies · same sector, comparable size
MIRATAR
BE 0688.783.043
Brussel · Eq €9k
INDIAN ROYAL FOOD
BE 0803.571.358
Leuven · Eq €9k
MARKRI
BE 0633.965.670
Antwerpen · Eq €9k
't KAPELHUIS
BE 0655.952.996
Zulte · Eq €9k
FOOD & FUN
BE 0876.358.574
Kruisem · Eq €9k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 6,739 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
46180Agents specialised in the wholesale of other particular products
56220Contract catering and other food service activities
56290Food and beverage service activities
56301Cafés and bars
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
86999Other human health activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:polastephanes@yahoo.fr