Poly-Design
ActiveSummary
The computed 12-month bankruptcy probability of Poly-Design is 2.2% (moderate). The 2024 annual accounts show equity of €119,949 and a net result of €39,811. Its solvency ranks better than 67% of 177 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability92▼-8
Solvency82▲+13
Growth52
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.32 against 1.46 in 2023; short-term debt: 28.3% and cash: 38.3% of total assets), and 43.2% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€119,949▲ 45.1%
2023 · €82,638
Total assets
€211,260▲ 12.8%
2023 · €187,234
Net result
€39,811▼ 50.0%
2023 · €79,638
Working capital
€78,489▲ 176%
2023 · €28,419
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€104,403-€54,211▼ 48.1%
Net result€79,638-€39,811▼ 50.0%
Equity€82,638-€119,949▲ 45.1%
Total assets€187,234-€211,260▲ 12.8%
Debt€104,596-€91,312▼ 12.7%
Working capital€28,419-€78,489▲ 176%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 48% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211,260
Fixed assets
€73,086 ▼ 25.1%
Current assets
€138,174 ▲ 54.1%
Equity and liabilities €211,260
Equity
€119,949 ▲ 45.1%
Debt
€91,312 ▼ 12.7%
Debt's share of the balance-sheet total falls from 55.9% to 43.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78,691▼
2023 · €121,305
Cash flow
€64,290▼
2023 · €96,540
Current ratio
2.32▲
2023 · 1.46
Quick ratio
2.07▲
2023 · 1.24
Debt to equity
0.76▼
2023 · 1.27
ROE
33.2%▼
2023 · 96.4%
ROA
18.8%▼
2023 · 42.5%
Interest coverage
34.02▼
2023 · 75.62
Debt ≤ 1 year
€59,685▼
2023 · €61,250
Debt > 1 year
€31,626▼
2023 · €43,347
Income taxes
€12,102▼
2023 · €23,294
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €607 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,902 | €24,479 | ▲ 44.8% |
| Other operating charges640/8 | €3,019 | €1,623 | ▼ 46.3% |
| Gross operating margin9900 | €124,932 | €80,313 | ▼ 35.7% |
| Operating profit (loss)9901 | €104,403 | €54,211 | ▼ 48.1% |
| Financial income75/76B | €132 | €14 | ▼ 89.1% |
| Recurring financial income75 | €132 | €14 | ▼ 89.1% |
| Financial charges65/66B | €1,604 | €2,313 | ▲ 44.2% |
| Recurring financial charges65 | €1,604 | €2,313 | ▲ 44.2% |
| Profit (loss) for the period before taxes9903 | €102,932 | €51,913 | ▼ 49.6% |
| Income taxes67/77 | €23,294 | €12,102 | ▼ 48.0% |
| Profit (loss) for the period9904 | €79,638 | €39,811 | ▼ 50.0% |
| Profit (loss) for the period to be appropriated9905 | €79,638 | €39,811 | ▼ 50.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €187,234 | €211,260 | ▲ 12.8% |
| Fixed assets21/28 | €97,566 | €73,086 | ▼ 25.1% |
| Tangible fixed assets22/27 | €97,566 | €73,086 | ▼ 25.1% |
| Land and buildings22 | €2,025 | €1,594 | ▼ 21.3% |
| Plant, machinery and equipment23 | €15,272 | €11,229 | ▼ 26.5% |
| Furniture and vehicles24 | €78,419 | €58,804 | ▼ 25.0% |
| Other tangible fixed assets26 | €1,850 | €1,459 | ▼ 21.1% |
| Current assets29/58 | €89,669 | €138,174 | ▲ 54.1% |
| Stocks and contracts in progress3 | €13,665 | €14,522 | ▲ 6.3% |
| Stocks30/36 | €13,665 | €14,522 | ▲ 6.3% |
| Amounts receivable within one year40/41 | €20,725 | €40,566 | ▲ 95.7% |
| Trade receivables40 | €17,324 | €37,664 | ▲ 117% |
| Other amounts receivable41 | €3,401 | €2,903 | ▼ 14.7% |
| Cash at bank and in hand54/58 | €54,569 | €80,811 | ▲ 48.1% |
| Deferred charges and accrued income490/1 | €710 | €2,275 | ▲ 220% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €187,234 | €211,260 | ▲ 12.8% |
| Equity10/15 | €82,638 | €119,949 | ▲ 45.1% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Reserves13 | €72,638 | €109,949 | ▲ 51.4% |
| Distributable reserves133 | €72,638 | €109,949 | ▲ 51.4% |
| Profit (loss) carried forward14 | €0 | €0 | - |
| Amounts payable17/49 | €104,596 | €91,312 | ▼ 12.7% |
| Amounts payable after more than one year17 | €43,347 | €31,626 | ▼ 27.0% |
| Financial debts170/4 | €43,347 | €31,626 | ▼ 27.0% |
| Amounts payable within one year42/48 | €61,250 | €59,685 | ▼ 2.6% |
| Current portion of amounts payable after more than one year42 | €11,222 | €11,720 | ▲ 4.4% |
| Trade debts44 | €2,090 | €4,804 | ▲ 130% |
| Suppliers440/4 | €2,090 | €4,804 | ▲ 130% |
| Taxes, remuneration and social security45 | €23,294 | €23,772 | ▲ 2.1% |
| Taxes450/3 | €23,294 | €23,772 | ▲ 2.1% |
| Other amounts payable47/48 | €24,644 | €19,388 | ▼ 21.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €79,638 | €39,811 | ▼ 50.0% |
| + Depreciation and write-downs630 | €16,902 | €24,479 | ▲ 44.8% |
| Operating cash flow (approximation) | €96,540 | €64,290 | ▼ 33.4% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €26,241 | - |
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
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100,000Eq €119,949 ▲45.1%
2 profitable years in a row build equity to €119,949.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Peer · 1 establishment unit since 2022
Ground area
1,434 m²
Building footprint
227 m²
Volume, LiDAR
1,008 m³
Parcel 72030B0945/02C000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Poly-Design
since 20222.337.987.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030B0945/02C000 | Flanders | 1,434 m² | 1 · 227 m² | 7.0 m · 2 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.
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Of 602 companies in sector 22260 we hold annual accounts for 282. 137 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
Founded08-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
22260Manufacture of rubber and plastic products
Scores and ratios are computed by Checked and are not a credit decision.