POLY DESIGN
ActiveSummary
The computed 12-month bankruptcy probability of POLY DESIGN is 3.7% (moderate). The 2025 annual accounts show negative equity (-€159,742) and a net result of -€42,549. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-07-2002 Normal situation
- Activity
- Full-service restaurants NACE 56111and 3 others
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2024
- Establishment units
- 2.115.581.282 8490 Jabbeke, since 28-10-2002
- 2.280.623.319 8434 Middelkerke, since 01-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.7%
- Gross margin
- €100,890
- Turnover
- ≈ €290,000
- estimated
- Loss
- €42,549
- ▼ 67.0%
- Equity
- -€159,742
- ▼ 36.3%
- Total assets
- €178,736
- ▲ 33.5%
- Employees on 31-12-2025
- 2
- =
- Negative equity on 31-12-2025
- 2025 accounts filed 60 days after the deadline
Score breakdownraises riskNegative equity -€159,742Sector: Food and beverage service activities (NACE 56)Last filed accounts filed 60 days late; 3 of the last 3 accounts lateLoss of €42,549, the second in a row (financial year 2025)Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 9% of them on solvency, 25% on liquidity, 8% on profitability and 18% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 60 days after the deadline Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00537716.
Annual accounts 2025 filed on 29-09-2026 at the NBB all 23 filings
Every figure per financial year
The operating result for 2025 is a loss of €34,436, smaller than the loss of €122,806 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 1 | - | 2 | 2 |
| full-time | 1 | 1 | - | 2 | 2 |
| part-time | 1 | - | - | - | - |
| in full-time equivalents | 1.2 | 1 | - | 2 | 2 |
| Average over the year, in full-time equivalents | 1 | 0.9 | - | 1.9 | 2 |
| On a permanent contract | 2 | 1 | - | 2 | 2 |
| Joined | 201 | 186 | 13 | 2 | - |
| Left | 200 | 186 | 14 | 0 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €20,465 | €52,741 | €34,927 | €47,342 | €43,733 |
| Depreciation and write-downs of the year | €28,736 | €32,655 | €16,476 | €26,333 | €29,975 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €7,358 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €31,176 | €26,565 | €1,362 | €93,581 | €103,662 | ▲ 10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,973 | €30,944 | €26,973 | €28,736 | €32,655 | €16,476 | €26,333 | €29,975 | ▲ 13.8% |
| Other operating charges640/8 | - | - | - | €11,859 | €2,820 | €14,530 | €1,254 | €1,690 | ▲ 34.7% |
| Gross operating margin9900 | -€4,650 | €118,922 | €101,751 | €132,422 | €118,182 | €5,007 | -€1,639 | €100,890 | - |
| Operating profit (loss)9901 | -€36,903 | €49,103 | €48,751 | €60,652 | €56,142 | -€27,362 | -€122,806 | -€34,436 | ▲ 72.0% |
| Financial income75/76B | - | - | - | €9 | €121 | €0 | €31 | €3 | ▼ 89.8% |
| Recurring financial income75 | €435 | €160 | €69 | €9 | €121 | €0 | €31 | €3 | ▼ 89.8% |
| Financial charges65/66B | - | - | - | €5,804 | €5,631 | €5,994 | €5,768 | €7,914 | ▲ 37.2% |
| Recurring financial charges65 | €3,108 | €5,088 | €3,790 | €5,804 | €5,631 | €4,774 | €5,768 | €7,914 | ▲ 37.2% |
| Non-recurring financial charges66B | - | - | - | - | - | €1,220 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€39,577 | €44,174 | €45,030 | €54,857 | €50,632 | -€33,356 | -€128,543 | -€42,346 | ▲ 67.1% |
| Income taxes67/77 | €98 | €246 | €10,567 | €7,384 | €3,187 | €225 | €213 | €203 | ▼ 4.8% |
| Profit (loss) for the period9904 | -€39,676 | €43,928 | €34,462 | €47,473 | €47,445 | -€33,581 | -€128,756 | -€42,549 | ▲ 67.0% |
| Profit (loss) for the period to be appropriated9905 | -€39,676 | €43,928 | €34,462 | €47,473 | €47,445 | -€33,581 | -€128,756 | -€42,549 | ▲ 67.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €274,418 | €260,353 | €299,701 | €280,367 | €273,849 | €146,294 | €133,890 | €178,736 | ▲ 33.5% |
| Fixed assets21/28 | €192,675 | €175,242 | €172,673 | €164,403 | €184,489 | €79,324 | €100,333 | €114,092 | ▲ 13.7% |
| Tangible fixed assets22/27 | €192,675 | €175,242 | €172,673 | €164,403 | €184,489 | €79,324 | €100,333 | €114,092 | ▲ 13.7% |
| Plant, machinery and equipment23 | - | - | - | €131,908 | €126,835 | €35,362 | €47,726 | €40,827 | ▼ 14.5% |
| Furniture and vehicles24 | - | - | - | €28,998 | €54,521 | €41,302 | €28,854 | €52,229 | ▲ 81.0% |
| Other tangible fixed assets26 | - | - | - | €3,497 | €3,132 | €2,660 | €23,754 | €21,035 | ▼ 11.4% |
| Current assets29/58 | €81,743 | €85,112 | €127,027 | €115,964 | €89,359 | €66,970 | €33,557 | €64,644 | ▲ 92.6% |
| Stocks and contracts in progress3 | €54,197 | €52,014 | €50,262 | €47,977 | €44,076 | €4,950 | €7,400 | €7,805 | ▲ 5.5% |
| Stocks30/36 | - | - | - | €47,977 | €44,076 | €4,950 | €7,400 | €7,805 | ▲ 5.5% |
| Amounts receivable within one year40/41 | €20,480 | €16,790 | €11,511 | €11,071 | €18,390 | €18,082 | €2,713 | €10,408 | ▲ 284% |
| Trade receivables40 | - | - | - | €8,519 | €9,076 | - | €1,048 | €1,261 | ▲ 20.4% |
| Other amounts receivable41 | - | - | - | €2,551 | €9,314 | €18,082 | €1,666 | €9,147 | ▲ 449% |
| Current investments50/53 | - | - | - | - | - | - | - | €2,500 | - |
| Cash at bank and in hand54/58 | €5,266 | €12,111 | €62,398 | €54,166 | €24,193 | €43,175 | €22,271 | €42,450 | ▲ 90.6% |
| Deferred charges and accrued income490/1 | - | - | - | €2,750 | €2,700 | €764 | €1,172 | €1,481 | ▲ 26.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €274,418 | €260,353 | €299,701 | €280,367 | €273,849 | €146,294 | €133,890 | €178,736 | ▲ 33.5% |
| Equity10/15 | -€68,165 | -€24,237 | €10,225 | €27,698 | €45,143 | €11,563 | -€117,193 | -€159,742 | ▼ 36.3% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €253 | €253 | €253 | €7,698 | €25,143 | €156 | €156 | €156 | = |
| Non-distributable reserves130/1 | - | - | - | €97 | €97 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €97 | €97 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €156 | €156 | €156 | €156 | €156 | = |
| Distributable reserves133 | - | - | - | €7,445 | €24,890 | - | - | - | - |
| Profit (loss) carried forward14 | -€88,418 | -€44,490 | -€10,028 | - | - | -€8,593 | -€137,349 | -€179,898 | ▼ 31.0% |
| Amounts payable17/49 | €342,583 | €284,591 | €289,475 | €252,669 | €228,706 | €134,731 | €251,083 | €338,478 | ▲ 34.8% |
| Amounts payable after more than one year17 | €101,875 | €73,198 | €74,097 | €39,484 | €39,327 | €24,391 | €48,181 | €46,016 | ▼ 4.5% |
| Financial debts170/4 | - | - | - | €39,484 | €39,327 | €24,391 | €48,181 | €46,016 | ▼ 4.5% |
| Amounts payable within one year42/48 | €240,708 | €211,088 | €215,378 | €213,185 | €189,378 | €110,340 | €202,902 | €291,099 | ▲ 43.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €38,743 | €44,951 | €14,937 | €18,569 | €25,210 | ▲ 35.8% |
| Financial debts43 | - | - | - | - | €3,436 | - | - | - | - |
| Credit institutions430/8 | - | - | - | - | €3,436 | - | - | - | - |
| Trade debts44 | €39,362 | €38,423 | €43,808 | €50,975 | €49,008 | €27,416 | €63,813 | €60,203 | ▼ 5.7% |
| Suppliers440/4 | - | - | - | €50,975 | €49,008 | €27,416 | €63,813 | €60,203 | ▼ 5.7% |
| Taxes, remuneration and social security45 | - | - | - | €26,897 | €13,764 | €9,047 | €19,817 | €27,222 | ▲ 37.4% |
| Taxes450/3 | - | - | - | €22,560 | €11,831 | €9,047 | €8,314 | €9,184 | ▲ 10.5% |
| Remuneration and social security454/9 | - | - | - | €4,337 | €1,933 | - | €11,504 | €18,038 | ▲ 56.8% |
| Other amounts payable47/48 | - | - | - | €96,571 | €78,219 | €58,940 | €100,703 | €178,465 | ▲ 77.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €1,363 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€39,676 | €43,928 | €34,462 | €47,473 | €47,445 | -€33,581 | -€128,756 | -€42,549 | ▲ 67.0% |
| + Depreciation and write-downs630 | €15,973 | €30,944 | €26,973 | €28,736 | €32,655 | €16,476 | €26,333 | €29,975 | ▲ 13.8% |
| Operating cash flow (approximation) | -€23,702 | €74,872 | €61,436 | €76,209 | €80,100 | -€17,104 | -€102,423 | -€12,574 | ▲ 87.7% |
| Investment in fixed assets (approximation) | - | -€13,510 | -€24,405 | -€20,465 | -€52,741 | €88,689 | -€47,342 | -€43,733 | ▲ 7.6% |
| Change in cash | - | €6,845 | €50,287 | -€8,232 | -€29,973 | €18,982 | -€20,903 | €20,179 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,619 companies had the same profile as POLY DESIGN has now. Two years later, 84.5% were still going and 4.5% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of POLY DESIGN itself: 3.7% within 12 months.
Test of the method
The method was tested on the 497,446 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 POLY DESIGN. 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.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-09-2026 | 2026-00537716 | |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00523286 | |
| 31-12-2023 | micro format | 28-10-2024 | 2024-00521375 | |
| 31-12-2022 | micro format | 06-10-2023 | 2023-00478828 | |
| 31-12-2021 | micro format | 28-07-2022 | 2022-20248954 | |
| 31-12-2020 | micro format | 25-06-2021 | 2021-25300437 | |
| 31-12-2019 | micro format | 17-07-2020 | 2020-31700401 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-60100274 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-41100124 | |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-38200444 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BRYSSE Alain Raphaël |
|
| VANDENDRIESSCHE Emly |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, algemene vergadering die benoemt bepaalt aantal,duur opdracht en bij meerdere bevoegdheid”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, ontbinding om welke reden en wanneer ook”
Articles of association, deed of 08-01-2024 (in Dutch)
Network & group
POLY DESIGN shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of POLY DESIGN. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
08-01
Gazette deed
Changes of role: BRYSSE Alain Raphaël (director) and VANDENDRIESSCHE Emly (director)Amendment of the articles · Capital conversion · Reserve release12 points ▸
- General meeting, 19-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “enige aandeelhouder, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar voor uitkering” (deed in Dutch)
- Power of attorney
- Director appointment, BRYSSE Alain Raphaël (director)
- Director appointment, VANDENDRIESSCHE Emly (director)
- Director resignation, BRYSSE Alain Raphaël (bestuurder,voorheen zaakvoerder)
- Director resignation, VANDENDRIESSCHE Emly (bestuurder,voorheen zaakvoerder)
- Director discharge, BRYSSE Alain Raphaël
- Director discharge, VANDENDRIESSCHE Emly
- Registered office clause, “8490 Jabbeke,Gistelsteenweg 430, enige aandeelhouder” (deed in Dutch)
03-05
Gazette deed
Registered office moved from Nieuwpoort to JabbekeNew seat: 8490 Jabbeke, Gistelsteenweg 430 · Previous seat: 8620 Nieuwpoort, Toevluchtweg 4 · Director in office4 points ▸
- General meeting, 17-04-2023
- Registered-office move, 8490 Jabbeke,Gistelsteenweg 430
- Director in office, Brysse Alain (director)
- Director in office, Vandendriessche Emly (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 8620 Nieuwpoort until 29-04-2023 · act of 03-05-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
40 activities
- Vervaardiging van producten in kunststof.
- Groot- en kleinhandel in kunststoffen en afgeleide producten.
- Bouw van speel- en sportterreinen,zwembaden enzovoort inclusief waterglijbanen.
- De vervaardiging van geprefabriceerde gebouwen en constructies of delen daarvan (inclusief sauna's) van hout,verkoop en plaatsen.
- De behandeling van afvalwater uit zwembaden.
- Projectontwikkeling voor woningbouw.
- Aanleg en onderhoud van diverse terreinen,omvattende onder meer het aanleggen en het onderhoud van speelpleinen en sportvelden,evenals van parken en tuinen,met inbegrip van de aanplantingen,alsook het plaatsen van afsluitingen en omheiningen.
- Metaalconstructies en metalen kunstwerken,omvat ook montages en demontagewerk,buis- en andere soortgelijke constructies.
- Industriële pijpleidingen en kanalisatie: het plaatsen van ventilatie,verwarming met warme lucht,luchtconditionering en de calorifugage van leidingen en kanalisaties.
- Speciale installaties,omvat het plaatsen,inrichten,onderhouden en herstellen van speciale installaties zoals het inrichten van fabrieken of werkplaatsen,pompstations,koelinstallaties enzovoort.
- Cafés en bars.
- Restaurant van het traditionele type.
- Café-restaurants (tavernen).
- Verkoop aan de toog of via telefoon,fax,internet van eetwaren en dranken.
- Het klaarmaken,thuisbezorgen en eventueel serveren van maaltijden en bereide schotels.
- Gastenkamers.
- Hotels en dergelijke accommodatie.
- Hotels en motels,met restaurant.
- Eetgelegenheden met beperkte bediening.
- Markt- en straathandel in voedings- en genotsmiddelen.
- Andere drinkgelegenheden.
- Reparatie en onderhoud van schepen.
- Verhuur van pleziervaartuigen.
- Verhuur van lease van schepen.
- Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media.
- Ontwerpen van publicitaire artikelen.
- Detailhandel in dames-,heren-,baby- en kinderboven- en onderkleding en kledingaccessoires.
- Detailhandel in kledingaccessoires.
- Kleinhandel in hoeden,handschoenen,dassen,ceinturen,paraplu’s,enzovoort.
- Detailhandel in tweedehandskleding in winkels.
- Groothandel in werkkleding.
- Kleinhandel in geschenken en versieringsvoorwerpen en vliegtuigmaquettes.
- Overige detailhandel in nieuwe artikelen in gespecialiseerde winkels.
- Groothandel in andere consumentenartikelen.
- Detailhandel in allerlei producten via het internet (e-commerce).
- Installatie van onderdelen en accessoires.
- Exploitatie van winterstallingen voor caravans.
- Markt- en straathandel in andere artikelen.
- Markt- en straathandel in textiel,kleding en schoeisel.
- Verkoop van auto’s en moto’s.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31012A0425/00W000 | Flanders | 341 m² | 1 · 445 m² | 7.3 m · 2 |
| 35022A0001/00D066 | Flanders | 245 m² | 1 · 245 m² | 19.8 m · 6 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.