Equity
-€42,876
Debts exceed assets in financial year 2025.
POLYBAT
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €123,794 (2020)
-€16,105▼ €36,663
lowest -€93,140 (2015)
-€59,206▼ €39,585
peak €101,718 (2021)
-€42,876▼ €59,206
€927,569▼ 6.5%
peak 1.1 FTE (2015)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €20,558 to -€16,105Loss of €59,206Equity from €16,329 to -€42,876
Key points
from the 2025 annual accountsLosses
-€144,594 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€927,569 105% of the balance sheet
Financial debts 44%Suppliers 2%Taxes and wages 1%Other 53%
Of this, €534,405 falls due within a year.
2025 accounts filed 30 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,240 companies had the same profile as POLYBAT has now. Each dot stands for 4 companies, two years later.
92.7%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,240 companies, not a prediction for POLYBAT. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454705514
Appointments: (statutory director) and (alternate statutory director)
Gazette deed
First establishment
Rue du Rivage (Mél.) 59, Jodoigne
Incorporation
published on 28-03-1995 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| POLYBAT Wavre | €0.9m | -€16,105 | -4.8% | - |
| INTER TECHNIC SERVICE Tielt | €1.0m | -€11,972 | 71.9% | - |
| EDWA Lommel | €0.7m | €512 | 99.5% | - |
| ELECTRO - TEMSE Temse | €0.8m | -€52,607 | 95.8% | - |
| ENTRY-HOME Schoten | €1.0m | -€6,233 | 4.6% | - |
| DESMET ELEKTRO Ledegem | €0.7m | -€11,642 | 36.7% | 2.9 |
| LUC PAUWEN Ohey | €1.0m | -€26,933 | 80.7% | - |
These companies have the same main activity as POLYBAT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €672,000 and €1m, founded between 1989 and 2001.
Official details
Source: KBO- Status
- Active since 20-02-1995Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.071.102.1311370 Jodoigne, since 04-04-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Insights on POLYBAT
POLYBAT files the micro format. That format states no turnover. The gross margin fell from €13,480 in 2006 to -€16,105 in 2025.
The balance sheet grew most from 2022 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about POLYBAT
- What is the company number of POLYBAT?
- The company number of POLYBAT is 0454.705.514. The VAT number is the same number with BE in front: BE 0454.705.514.
- Where is POLYBAT based?
- The registered office is at Rue du Souverain 14, 1301 Wavre.Company details
- What does POLYBAT do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of POLYBAT?
- POLYBAT is a private limited company (BV).
- When was POLYBAT founded?
- POLYBAT was founded on 20-02-1995.
- Is POLYBAT still active?
- Yes, POLYBAT is an active enterprise in the KBO register.
- What is the turnover of POLYBAT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is POLYBAT profitable?
- In financial year 2025, POLYBAT made a loss of €59,206.
- Where can I find the annual accounts of POLYBAT?
- POLYBAT filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POLYBAT due?
- POLYBAT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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