POLY - COPIES
ActiveSummary
POLY - COPIES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,326 and a net result of -€1,432. Equity is growing by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▼-49
Solvency59▲+5
Growth36▼-17
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.45 in 2024; short-term debt: 65.8% and cash: 45.9% of total assets), and 65.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 · 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 2025Solvency, return and age of the figures
Solvency
34.2%
Return on assets
-0.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
21 d early
2023
13 d late
2022
on the day
2021
17 d late
2020
26 d late
2019
24 d 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 6 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€248,540▲ 22.0%
2020 · €203,678
EBIT margin
1.4%▲ 23.3pp
2020 · -21.8%
Net result
-€1,432
2024 · €8,761
Working capital
€53,041▼ 12.0%
2024 · €60,257
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€248,540▲ 22.0%
Operating result€3,601€65,869▲ 1,729%€55,453▼ 15.8%€27,545▼ 50.3%€1,262▼ 95.4%
Net result-€3,791below the sector's middle half▲ 91.1%€55,757above the sector's middle half€43,936above the sector's middle half▼ 21.2%€8,761within the sector's middle half▼ 80.1%-€1,432below the sector's middle half
EBIT margin1.4%▲ 23.3pp
Equity-€34,697below the sector's middle half▼ 12.3%€15,061within the sector's middle half€48,996within the sector's middle half▲ 225%€57,757within the sector's middle half▲ 17.9%€56,326within the sector's middle half▼ 2.5%
Total assets€101,055within the sector's middle half▲ 13.0%€149,074within the sector's middle half▲ 47.5%€186,390within the sector's middle half▲ 25.0%€197,369within the sector's middle half▲ 5.9%€164,836within the sector's middle half▼ 16.5%
Debt€135,752▲ 12.8%€134,013▼ 1.3%€137,394▲ 2.5%€139,611▲ 1.6%€108,511▼ 22.3%
Working capital-€40,402below the sector's middle half▲ 7.0%€15,112within the sector's middle half€50,260within the sector's middle half▲ 233%€60,257within the sector's middle half▲ 19.9%€53,041within the sector's middle half▼ 12.0%
Solvency-34.3%below the sector's middle half▲ 0.2pp10.1%below the sector's middle half▲ 44.4pp26.3%within the sector's middle half▲ 16.2pp29.3%within the sector's middle half▲ 3.0pp34.2%within the sector's middle half▲ 4.9pp
Current ratio0.70below the sector's middle half▲ 0.061.12within the sector's middle half▲ 0.421.38within the sector's middle half▲ 0.261.45within the sector's middle half▲ 0.071.49within the sector's middle half▲ 0.04
Return on assets (ROA)-3.8%below the sector's middle half▲ 43.6pp37.4%above the sector's middle half▲ 41.2pp23.6%within the sector's middle half▼ 13.8pp4.4%within the sector's middle half▼ 19.1pp-0.9%below the sector's middle half▼ 5.3pp
Staff (FTE)1▲ 100%0.4▼ 60.0%1▲ 150%1=1=
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164,836
Fixed assets
€3,285 ▲ 42.2%
Current assets
€161,552 ▼ 17.2%
Equity and liabilities €164,836
Equity
€56,326 ▼ 2.5%
Debt
€108,511 ▼ 22.3%
Debt's share of the balance-sheet total falls from 70.7% to 65.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,627▼
2024 · €29,637
Cash flow
€933▼
2024 · €10,853
Quick ratio
1.39▲
2024 · 1.36
Debt to equity
1.93▼
2024 · 2.42
ROE
-2.5%▼
2024 · 15.2%
Interest coverage
0.91▼
2024 · 6.66
Debt ≤ 1 year
€108,511▼
2024 · €134,802
Income taxes
-€1,225▼
2024 · €14,332
Staff costs
€31,094▲
2024 · €30,064
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €248,540 | - | - | - | - | - |
| Non-recurring operating income76A | - | - | €295,972 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €237,778 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €2,238 | €7,563 | €28,067 | €30,064 | €31,094 | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,816 | €2,394 | €3,351 | €2,092 | €2,365 | ▲ 13.0% |
| Other operating charges640/8 | €1,894 | €580 | €1,487 | €1,005 | €1,063 | ▲ 5.8% |
| Gross operating margin9900 | €14,549 | €76,406 | €88,358 | €60,706 | €35,784 | ▼ 41.1% |
| Operating profit (loss)9901 | €3,601 | €65,869 | €55,453 | €27,545 | €1,262 | ▼ 95.4% |
| Financial income75/76B | €0 | €45 | - | - | €72 | - |
| Recurring financial income75 | €0 | €45 | - | - | €72 | - |
| Financial charges65/66B | €5,175 | €2,551 | €3,017 | €4,452 | €3,991 | ▼ 10.4% |
| Recurring financial charges65 | €3,206 | €2,551 | €3,017 | €4,452 | €3,991 | ▼ 10.4% |
| Non-recurring financial charges66B | €1,969 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1,574 | €63,364 | €52,436 | €23,093 | -€2,657 | ▼ 112% |
| Income taxes67/77 | €2,217 | €7,607 | €8,500 | €14,332 | -€1,225 | ▼ 109% |
| Profit (loss) for the period9904 | -€3,791 | €55,757 | €43,936 | €8,761 | -€1,432 | ▼ 116% |
| Profit (loss) for the period to be appropriated9905 | -€3,791 | €55,757 | €43,936 | €8,761 | -€1,432 | ▼ 116% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101,055 | €149,074 | €186,390 | €197,369 | €164,836 | ▼ 16.5% |
| Fixed assets21/28 | €6,021 | €6,577 | €3,226 | €2,310 | €3,285 | ▲ 42.2% |
| Tangible fixed assets22/27 | €6,021 | €6,577 | €3,226 | €2,310 | €3,285 | ▲ 42.2% |
| Plant, machinery and equipment23 | €1,691 | - | - | - | - | - |
| Furniture and vehicles24 | €1,219 | €3,984 | €1,152 | - | €642 | - |
| Other tangible fixed assets26 | €3,111 | €2,593 | €2,074 | €2,310 | €2,643 | ▲ 14.4% |
| Current assets29/58 | €95,035 | €142,497 | €183,164 | €195,059 | €161,552 | ▼ 17.2% |
| Stocks and contracts in progress3 | €14,688 | €11,405 | €11,096 | €11,097 | €10,775 | ▼ 2.9% |
| Stocks30/36 | €14,688 | €11,405 | €11,096 | €11,097 | €10,775 | ▼ 2.9% |
| Amounts receivable within one year40/41 | €37,952 | €71,725 | €109,927 | €121,898 | €73,456 | ▼ 39.7% |
| Trade receivables40 | €37,952 | €71,725 | €109,927 | €117,753 | €73,456 | ▼ 37.6% |
| Other amounts receivable41 | - | - | - | €4,145 | - | - |
| Cash at bank and in hand54/58 | €42,375 | €57,767 | €60,541 | €60,464 | €75,721 | ▲ 25.2% |
| Deferred charges and accrued income490/1 | €20 | €1,600 | €1,600 | €1,600 | €1,600 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101,055 | €149,074 | €186,390 | €197,369 | €164,836 | ▼ 16.5% |
| Equity10/15 | -€34,697 | €15,061 | €48,996 | €57,757 | €56,326 | ▼ 2.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €2,260 | €2,260 | €2,260 | €2,260 | €2,260 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €400 | €400 | €400 | €400 | €400 | = |
| Profit (loss) carried forward14 | -€55,557 | -€5,799 | €28,136 | €36,897 | €35,466 | ▼ 3.9% |
| Amounts payable17/49 | €135,752 | €134,013 | €137,394 | €139,611 | €108,511 | ▼ 22.3% |
| Amounts payable after more than one year17 | €315 | €6,118 | €3,805 | €3,805 | - | - |
| Financial debts170/4 | €315 | €6,118 | €3,805 | €3,805 | - | - |
| Amounts payable within one year42/48 | €135,437 | €127,385 | €132,904 | €134,802 | €108,511 | ▼ 19.5% |
| Current portion of amounts payable after more than one year42 | €19 | - | - | - | - | - |
| Financial debts43 | €1 | - | - | €75 | €75 | = |
| Other loans439 | €1 | - | - | €75 | €75 | = |
| Trade debts44 | €83,622 | €72,498 | €55,123 | €50,070 | €50,120 | ▲ 0.1% |
| Suppliers440/4 | €83,622 | €72,498 | €55,123 | €50,070 | €50,120 | ▲ 0.1% |
| Taxes, remuneration and social security45 | €20,698 | €17,791 | €30,610 | €32,751 | €22,183 | ▼ 32.3% |
| Taxes450/3 | €13,862 | €10,884 | €19,626 | €19,311 | €6,110 | ▼ 68.4% |
| Remuneration and social security454/9 | €6,836 | €6,907 | €10,984 | €13,440 | €16,073 | ▲ 19.6% |
| Other amounts payable47/48 | €31,096 | €37,096 | €47,171 | €51,906 | €36,134 | ▼ 30.4% |
| Accrued charges and deferred income492/3 | - | €510 | €685 | €1,004 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,791 | €55,757 | €43,936 | €8,761 | -€1,432 | ▼ 116% |
| + Depreciation and write-downs630 | €6,816 | €2,394 | €3,351 | €2,092 | €2,365 | ▲ 13.0% |
| Operating cash flow (approximation) | €3,025 | €58,151 | €47,287 | €10,853 | €933 | ▼ 91.4% |
| Investment in fixed assets (approximation) | - | -€2,950 | €0 | -€1,176 | -€3,340 | ▼ 184% |
| Change in cash | - | €15,393 | €2,774 | -€77 | €15,257 | ▲ 19,840% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €55,757
Net result €55,757 after 2 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet -€42,384
Net result drops to -€42,384, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Back to profitnet €361
Net result €361 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Liège · 1 establishment unit since 2005
Ground area
263 m²
Building footprint
259 m²
Volume, LiDAR
6,909 m³
Parcel 62803B0203/00T003, Wallonia · tallest building 29.5 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Poly-Copies
since 20052.144.513.711
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803B0203/00T003 | Wallonia | 263 m² | 1 · 259 m² | 29.5 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
VERMAR
BE 0839.601.019
Binche · Eq €56,209
REDLINK
BE 0841.704.830
Kortrijk · Eq €56,494
M.B.A. - MILIEU-, BEHEER- EN ADMINISTRATIEKANTOOR
BE 0471.441.081
Hoogstraten · Eq €56,506
PLAN 2000 LEM.
BE 0441.870.137
Brussel · Eq €56,043
FIBECO
BE 0445.803.783
Menen · Eq €56,023
Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,553 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
47621Retail sale of newspapers and periodicals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870786222
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.