POLY GROUP
ActiveSummary
The computed 12-month bankruptcy probability of POLY GROUP is 3.2% (moderate). The 2024 annual accounts show equity of €68,386 and a net result of €21,394. Equity is growing by ~43.1% per year across the filed fiscal years. Its solvency ranks better than 37% of 36386 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
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Signals
This company filed its last 3 accounts on average 242 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 26,970 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.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,932 | €5,999 | €5,999 | = |
| Other operating charges640/8 | €658 | €1,931 | €492 | ▼ 74.5% |
| Gross operating margin9900 | €43,561 | €34,294 | €31,018 | ▼ 9.6% |
| Operating profit (loss)9901 | €39,971 | €26,363 | €24,527 | ▼ 7.0% |
| Financial income75/76B | €940 | - | €2,551 | - |
| Recurring financial income75 | €940 | - | €2,551 | - |
| Financial charges65/66B | €192 | €292 | €156 | ▼ 46.6% |
| Recurring financial charges65 | €192 | €292 | €156 | ▼ 46.6% |
| Profit (loss) for the period before taxes9903 | €40,719 | €26,071 | €26,922 | ▲ 3.3% |
| Income taxes67/77 | €5,533 | €6,965 | €5,528 | ▼ 20.6% |
| Profit (loss) for the period9904 | €35,186 | €19,106 | €21,394 | ▲ 12.0% |
| Profit (loss) for the period to be appropriated9905 | €35,186 | €19,106 | €21,394 | ▲ 12.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €331,033 | €91,608 | €194,925 | ▲ 113% |
| Fixed assets21/28 | €16,000 | €10,001 | €4,001 | ▼ 60.0% |
| Tangible fixed assets22/27 | €16,000 | €10,001 | €4,001 | ▼ 60.0% |
| Furniture and vehicles24 | €16,000 | €10,001 | €4,001 | ▼ 60.0% |
| Current assets29/58 | €315,033 | €81,607 | €190,924 | ▲ 134% |
| Amounts receivable within one year40/41 | €315,033 | €81,605 | €189,674 | ▲ 132% |
| Trade receivables40 | €286,299 | €79,970 | €103,773 | ▲ 29.8% |
| Other amounts receivable41 | €28,734 | €1,635 | €85,901 | ▲ 5,155% |
| Cash at bank and in hand54/58 | - | €2 | €1,250 | ▲ 56,206% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €331,033 | €91,608 | €194,925 | ▲ 113% |
| Equity10/15 | €27,886 | €46,992 | €68,386 | ▲ 45.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | - | €6,200 | - |
| Other1109/19 | - | - | €6,200 | - |
| Profit (loss) carried forward14 | €21,686 | €40,792 | €62,186 | ▲ 52.4% |
| Amounts payable17/49 | €303,147 | €44,616 | €126,539 | ▲ 184% |
| Amounts payable within one year42/48 | €303,147 | €44,616 | €126,539 | ▲ 184% |
| Trade debts44 | €284,114 | - | €92,307 | - |
| Suppliers440/4 | €284,114 | - | €92,307 | - |
| Taxes, remuneration and social security45 | €5,533 | €12,498 | €34,232 | ▲ 174% |
| Taxes450/3 | €5,533 | €12,498 | €13,532 | ▲ 8.3% |
| Remuneration and social security454/9 | - | - | €20,700 | - |
| Other amounts payable47/48 | €13,500 | €32,118 | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,186 | €19,106 | €21,394 | ▲ 12.0% |
| + Depreciation and write-downs630 | €2,932 | €5,999 | €5,999 | = |
| Operating cash flow (approximation) | €38,118 | €25,105 | €27,393 | ▲ 9.1% |
| Investment in fixed assets (approximation) | - | €0 | €1 | - |
| Change in cash | - | - | €1,248 | - |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0052/00R006 | Flanders | 214 m² | 1 · 202 m² | 11.8 m · 3 fl. |
| 21816H0140/00Z005 | Brussels | 165 m² | 1 · 58 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.