POLY PROJECTS
ActivePOLY PROJECTS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €7k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 43% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
89
/ 100
Excellent▼ -4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+10
Solvency68▼-28
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.92 in 2024), and 58.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.3%
Return on assets
8.2%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €34k
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
27 d early
2023
on the day
2022
30 d late
2021
30 d late
2020
47 d early
2019
36 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▲ 24.6%
2024 · €27k
2018: €30k
2019: €27k
2020: €33k
2021: €22k
2022: €21k
2023: €23k
2024: €27k
2018 → 2025
Total assets
€83k▲ 75.8%
2024 · €47k
2018: €38k
2019: €42k
2020: €48k
2021: €54k
2022: €49k
2023: €50k
2024: €47k
2018 → 2025
Net result
€7k▲ 38.2%
2024 · €5k
2018: €9k
2019: €-3k
2020: €10k
2021: €-11k
2022: €-1k
2023: €11k
2024: €5k
2018 → 2025
Working capital
€5k▼ 73.0%
2024 · €17k
2018: €19k
2019: €19k
2020: €29k
2021: €10k
2022: €9k
2023: €12k
2024: €17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€21k▼ 6.1%€23k▲ 8.8%€27k▲ 21.7%€34k▲ 24.6%
Operating result€-10k-€-99▲ 99.0%€16k€10k▼ 37.6%€11k▲ 12.5%
Net result€-11k-€-1k▲ 87.5%€11k€5k▼ 53.5%€7k▲ 38.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€54k▲ 341%
Current assets
€28k▼ 18.2%
Equity and liabilities €83k
Equity
€34k▲ 24.6%
Debt
€49k▲ 147%
The debt ratio rises from 41.8% to 58.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€12k▼
2024 · €17k
Cash flow
€8k▼
2024 · €12k
Solvency
41.3%▼
2024 · 58.2%
Current ratio
1.19▼
2024 · 1.92
Quick ratio
1.19▼
2024 · 1.84
Debt / equity
1.42▲
2024 · 0.72
ROE
19.8%▲
2024 · 17.8%
ROA
8.2%▼
2024 · 10.4%
Interest coverage
57.11▼
2024 · 61.39
Debt
€49k▲
2024 · €20k
Debt ≤ 1 year
€24k▲
2024 · €18k
Debt > 1 year
€25k▲
2024 · €2k
Income taxes
€4k▼
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€47k€83k▲
Fixed assets21/28€12k€54k▲
Tangible fixed assets22/27€9k€51k▲
Furniture and vehicles24€9k€51k▲
Financial fixed assets28€3k€3k=
Current assets29/58€35k€28k▼
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€18k€12k▼
Trade receivables40€10k€2k▼
Other amounts receivable41€8k€9k▲
Cash at bank and in hand54/58€14k€15k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€47k€83k▲
Equity10/15€27k€34k▲
Contributions10/11€6k€6k=
Reserves13€5k€11k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€3k€11k▲
Profit (loss) carried forward14€16k€17k▲
Amounts payable17/49€20k€49k▲
Amounts payable after more than one year17€2k€25k▲
Financial debts170/4€2k€25k▲
Amounts payable within one year42/48€18k€24k▲
Current portion of amounts payable after more than one year42€6k€7k▲
Trade debts44€483€5k▲
Suppliers440/4€483€5k▲
Taxes, remuneration and social security45€12k€12k▲
Taxes450/3€9k€10k▲
Remuneration and social security454/9€2k€2k▲
Income statement
Code20242025
Non-recurring operating income76A-€534
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€972▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€20k€13k▼
Operating profit (loss)9901€10k€11k▲
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€274€208▼
Recurring financial charges65€274€208▼
Profit (loss) for the period before taxes9903€9k€11k▲
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€5k€7k▲
Profit (loss) for the period to be appropriated9905€5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€23k▲
Profit (loss) brought forward from the previous period14P€11k€16k▲
Transfer to equity691/2-€7k
To other reserves6921-€7k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-11k ▼204%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Deinze · 1 establishment unit since 2010
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.
Egelare 179850 DeinzeGround area
302 m²
Building footprint
112 m²
Volume, LiDAR
153 m³
Parcel 44049B0006/00X000, Flanders · tallest building 5.9 m. Linked by address, not a title deed.
1 establishment unit
Egelare 17, 9850 Deinze
since 20102.183.522.161
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44049B0006/00X000 | Flanders | 302 m² | 1 · 112 m² | 5.9 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 8,483 companies in sector 43410 we hold annual accounts for 4,308. 3,442 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2009
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
43221Plumbing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:nico.dobbel@telenet.be