POLY - TECH ENGINEERING
ActiveSummary
POLY - TECH ENGINEERING has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €386,856 and a net result of €17,422. Equity is growing by about 5.5% per year across the filed financial years. Its solvency ranks better than 23% of 883 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Staff
- 9.8 FTE
- Equity
- €386,856
- Profit
- €17,422
- Parent
- Fairway-Tech · 100%
Why 66raises risk1 change of registered office in 24 monthsEquity €386,856 (17.5% of total assets)Size: 9.8 FTE, total assets €2.2mlowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 71, micro): better than 21% on solvency, 7% on liquidity, 20% on profitability and 49% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 47 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 14% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.5% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 3,984 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.006m | €279 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.7m | €0.7m | €0.8m | €0.8m | €0.8m | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.03m | €0.03m | €0.05m | €0.08m | €0.08m | €0.09m | €0.1m | ▲ 5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.05m | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.01m | €0.02m | €0.01m | €0.01m | €0.01m | ▼ 6.0% |
| Non-recurring operating charges66A | - | - | - | - | €0.01m | - | - | - | - |
| Gross operating margin9900 | €0.6m | €0.7m | €0.7m | €0.8m | €0.9m | €1.0m | €1.1m | €1.0m | ▼ 1.5% |
| Operating profit (loss)9901 | €0.02m | €0.03m | €0.04m | €0.04m | €0.08m | €0.1m | €0.1m | €0.1m | ▼ 14.4% |
| Financial income75/76B | - | - | - | €0.007m | €6 | €0.002m | €283 | €78 | ▼ 72.6% |
| Recurring financial income75 | €0 | €0 | €4 | €0.007m | €6 | €0.002m | €283 | €78 | ▼ 72.6% |
| Financial charges65/66B | - | - | - | €0.03m | €0.03m | €0.07m | €0.09m | €0.07m | ▼ 17.7% |
| Recurring financial charges65 | €0.02m | €0.03m | €0.04m | €0.03m | €0.03m | €0.07m | €0.08m | €0.07m | ▼ 10.6% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €0.007m | - | - |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.004m | €0.002m | €0.02m | €0.05m | €0.05m | €0.05m | €0.05m | ▼ 9.0% |
| Income taxes67/77 | €0.01m | €0.01m | €0.006m | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | ▲ 6.2% |
| Profit (loss) for the period9904 | €0.01m | -€0.006m | -€0.003m | €0.009m | €0.03m | €0.03m | €0.02m | €0.02m | ▼ 26.3% |
| Profit (loss) for the period to be appropriated9905 | €0.01m | -€0.006m | -€0.003m | €0.009m | €0.03m | €0.03m | €0.02m | €0.02m | ▼ 26.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €1.4m | €1.6m | €1.7m | €2.1m | €2.2m | €1.9m | €2.2m | ▲ 17.6% |
| Formation expenses20 | €0.003m | €0.001m | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 31.4% |
| Intangible fixed assets21 | €0.02m | €0.02m | €0.03m | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 39.8% |
| Tangible fixed assets22/27 | €0.05m | €0.05m | €0.1m | €0.1m | €0.1m | €0.09m | €0.05m | €0.02m | ▼ 49.2% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €403 | €167 | - | - |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | €0.01m | €0.01m | €0.005m | ▼ 46.5% |
| Leasing and similar rights25 | - | - | - | €0.08m | €0.1m | €0.07m | €0.04m | €0.02m | ▼ 49.7% |
| Other tangible fixed assets26 | - | - | - | €0.008m | €0.004m | €433 | - | - | - |
| Financial fixed assets28 | €0.03m | €0.03m | €0.04m | €0.06m | €0.05m | €0.05m | €0.05m | €0.06m | ▲ 14.1% |
| Current assets29/58 | €1.4m | €1.3m | €1.4m | €1.4m | €1.7m | €1.9m | €1.6m | €2.0m | ▲ 25.7% |
| Stocks and contracts in progress3 | €0.4m | €0.3m | €0.3m | €0.4m | €0.5m | €0.7m | €0.7m | €1.0m | ▲ 37.5% |
| Contracts in progress37 | - | - | - | €0.4m | €0.5m | €0.7m | €0.7m | €1.0m | ▲ 37.5% |
| Amounts receivable within one year40/41 | €0.8m | €1.0m | €0.9m | €0.9m | €1.0m | €1.0m | €0.8m | €0.9m | ▲ 15.9% |
| Trade receivables40 | - | - | - | €0.9m | €0.9m | €1.0m | €0.8m | €0.9m | ▲ 17.0% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.07m | €0.04m | €0.03m | €0.03m | ▼ 9.8% |
| Cash at bank and in hand54/58 | €0.2m | €0.07m | €0.08m | €0.08m | €0.2m | €0.1m | €0.09m | €0.1m | ▲ 8.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.06m | €0.03m | €0.005m | €0.01m | ▲ 192% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.6m | €1.7m | €2.1m | €2.2m | €1.9m | €2.2m | ▲ 17.6% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 4.7% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Issued capital100 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 9.1% |
| Amounts payable17/49 | €1.2m | €1.1m | €1.3m | €1.4m | €1.7m | €1.8m | €1.5m | €1.8m | ▲ 20.8% |
| Amounts payable after more than one year17 | €0.02m | - | €0.07m | €0.1m | €0.3m | €0.4m | €0.2m | €0.2m | ▼ 0.3% |
| Financial debts170/4 | - | - | - | €0.1m | €0.3m | €0.4m | €0.2m | €0.2m | ▼ 0.3% |
| Amounts payable within one year42/48 | €1.2m | €1.1m | €1.2m | €1.2m | €1.4m | €1.5m | €1.3m | €1.6m | ▲ 23.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 14.3% |
| Financial debts43 | - | - | - | €0.9m | €0.9m | €0.9m | €0.8m | €1.0m | ▲ 18.6% |
| Credit institutions430/8 | - | - | - | €0.9m | €0.9m | €0.9m | €0.8m | €1.0m | ▲ 18.6% |
| Trade debts44 | €0.2m | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | €0.2m | €0.3m | ▲ 65.0% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.2m | €0.3m | ▲ 65.0% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €0.002m | €0.009m | ▲ 315% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 40.6% |
| Taxes450/3 | - | - | - | €0.03m | €0.1m | €0.1m | €0.02m | €0.07m | ▲ 238% |
| Remuneration and social security454/9 | - | - | - | €0.08m | €0.07m | €0.08m | €0.09m | €0.09m | ▼ 5.1% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.03m | €0.02m | €0.02m | €0.04m | ▲ 64.9% |
| Accrued charges and deferred income492/3 | - | - | - | €456 | €0.001m | €0.002m | €0.001m | €0.008m | ▲ 836% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,533 | -€6,211 | -€3,086 | €8,830 | €25,320 | €33,675 | €23,646 | €17,422 | ▼ 26.3% |
| + Depreciation and write-downs630 | €33,230 | €34,147 | €31,979 | €45,494 | €82,290 | €83,089 | €91,761 | €96,698 | ▲ 5.4% |
| Operating cash flow (approximation) | €42,763 | €27,937 | €28,893 | €54,325 | €107,611 | €116,764 | €115,407 | €114,120 | ▼ 1.1% |
| Investment in fixed assets (approximation) | - | -€28,506 | -€119,539 | -€143,339 | -€102,075 | -€69,405 | -€68,020 | -€12,596 | ▲ 81.5% |
| Change in cash | - | -€98,476 | €14,519 | -€6,396 | €156,984 | -€112,756 | -€28,546 | €7,663 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 13-05-2026 | 2026-00111791 |
| 31-12-2024 | full format | 17-06-2025 | 2025-00154496 |
| 31-12-2023 | full format | 28-06-2024 | 2024-00197809 |
| 31-12-2022 | full format | 08-06-2023 | 2023-00117324 |
| 31-12-2021 | full format | 24-06-2022 | 2022-20107251 |
| 31-12-2020 | full format | 08-06-2021 | 2021-18300194 |
| 31-12-2019 | full format | 03-07-2020 | 2020-27200357 |
| 31-12-2018 | full format | 19-07-2019 | 2019-34800240 |
| 31-12-2017 | full format | 21-06-2018 | 2018-20900236 |
| 31-12-2016 | full format | 02-06-2017 | 2017-14700510 |
Similar companies · same sector, comparable size
Public contracts
Show 1 more contract
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.
Directors
Owners and capital
Owners
1 ownerChain of control
- Fairway-Tech
- POLY - TECH ENGINEERING
Highest known parent: Fairway-Tech. The sources do not say who stands above it.
Owners 1
- Fairway-Techparent100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 01-07-2024 Incorporation · BEF 750,000 · 750 shares
- 01-07-2024 Capital increase of €7.99 · to €18,600 · from reserves
- 01-07-2024 Capital increase of €55,794.68 · to €74,394.68 · no new shares · from reserves
- 01-07-2024 Capital reduction of €12,394.68 · to €62,000 · “ramené au montant du capital libéré sans annulation de titres et par exonération d'appels de fonds”
- 01-07-2024 Capital increase of €100,000 · to €162,000 · 1,210 new shares · in cash
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
26-08
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 06-05-2026
- Registered-office move, Rue du Parc 47 - 6000 Charleroi
01-07
Gazette deed
Amendment of the articlesCapital · Founding capital · Capital increase11 facts ▸
- Amendment of the articles
- Capital, €162,000
- Founding capital, “BEF 750.000” (deed in French)
- General meeting, 07-09-2001
- Capital increase, €7.99
- General meeting, 25-06-2015
- Capital increase, €55,794.68
- Capital decrease, €12,394.68
- Kind of shares, “création et répartition” (deed in French)
- Capital increase, €100,000
- Registered office clause, “6000 Charleroi,rue du Parc,47” (deed in French)
Show earlier events
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Licences in the Official Gazette
1 publicationEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
3 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21807G0035/00R003 | Brussels | 1,320 m² | 1 · 242 m² | 35.9 m · 10 |
| 52044B0290/00G000 | Wallonia | 837 m² | 1 · 257 m² | 12.4 m · 3 |
| 52011B0239/00W143 | Wallonia | 192 m² | 1 · 96 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes études relatives à la conception ou à la réalisation de tous travaux privés ou publics de construction,d'équipements ou de…” (deed in French)
9 activities (deed in French)
- Toutes études relatives à la conception ou à la réalisation de tous travaux privés ou publics de construction,d'équipements ou de transformation d'immeubles de toute nature,toutes études relatives à tous projets d'architecture,de stabilité,de génie civil et de tous équipements techniques,et toutes études en matière d’environnement
- De donner des conseils
- De surveiller ou de réceptionner tous travaux ou matériels de quelque nature que ce soit
- Prendre et exploiter tous brevets ou licences de brevets
- Faire l'acquisition de biens mobiliers ou immobiliers en vue de créer et développer ses activités
- S'intéresser par toutes voies,notamment de participation,d'apport,de souscription,dans toutes entreprises,associations,affaires ou société ayant,en tout ou en partie,un objet similaire ou non qui soit de nature à favoriser le développement de son entreprise,à lui procurer des matières premières,à faciliter l'écoulement de ses produits
- Constituer toute hypothèque ou toute autre sûreté réelle sur ses biens ou se porter caution au profit de tiers
- Accepter et exercer un mandat d'administrateur dans toutes sociétés,quelque soit son objet
- Réaliser toutes activités ou opérations,généralement quelconques,commerciales,industrielles,financières,mobilières ou immobilières se rattachant directement ou indirectement à son objet et qui sont de nature à réaliser,développer ou faciliter son objet
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- POLY-TECH ENGINEERING
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- “Anonyme” (deed in French)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Article 2:4 CSA dont dispositions légales/décrétales emploi des langues, Région Wallonne” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “5, exécution mission au nom et pour compte personne morale” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Droit globalement indivisible, 8” (deed in French)“Actions non preemptees transmissibles candidat cessionnaire, 9” (deed in French)“10, prix expertise ou conditions notification initiale si inferieures et cession onereuse” (deed in French)“Cessions en violation inopposables societe et actionnaires, 11” (deed in French)3 more provisions on this in the deed
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 09:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Liquidation, plus etendus articles 2:87 et suivants CSA” (deed in French)