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POLYCOM

Active
Public limited companyfounded 1997active for 29 yearsSchermstraat 38, 1190 Vorst, BelgiumKBO/BCE: BE 0461.562.523
Summary

POLYCOM has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of -€15,842. Equity is growing by about 3.6% per year across the filed financial years. Its solvency ranks better than 81% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€1.9mtotal assets 2025
Equity
€1.6m
Loss
-€15,842
Turnover not published (abbreviated or micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 7 days early1 of 8 deeds summarised
Why 94lowers riskSize: total assets €1.9mSector: Activities of head offices; management consultancy activities (NACE 70)Equity €1.6m (85.4% of total assets)Figures for financial year 2025 (filed 24-07-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 85.4% of total assets
Liquidity 54+3
short-term debt 6.2% · cash 2.9%
Profitability 68-1
return on assets -0.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,443 companies, NACE 70, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.09, compared with 1.46 in 2024, below the usual 1.5; short-term debt: 6.2% and cash: 2.9% of total assets), and 14.6% of the assets are financed with debt and provisions.
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 70, micro): better than 86% on solvency, 43% on liquidity, 30% on profitability and 34% 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).

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Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €1.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Equity €1.6m (85.4% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 24-07-2026)
NBB · annual accounts
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
34 days early
2023
28 days early
2022
3 days early
2021
25 days late
2020
29 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€15,842
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, abbreviated format

Equity
€1.6m▼ 3.2%
2024 · €1.6m
Total assets
€1.9m▲ 0.9%
2024 · €1.8m
Net result
-€15,842
2024 · €3,824
Working capital
€10,677▼ 63.9%
2024 · €29,607
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €16,564 after €10,109 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.02m 2025 Net result-€0.02m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.07m-€0.09m▲ 39.8%€0.1m▲ 17.4%€0.1m▲ 21.8%€0.1m▼ 0.9%€0.1m▲ 12.1%€0.01m▼ 93.2%-€0.02m
Net result€0.06m-€0.08m▲ 52.9%€0.09mabove the sector's middle half▲ 7.4%€0.09mabove the sector's middle half▲ 1.9%€0.1mabove the sector's middle half▲ 5.8%€0.1mabove the sector's middle half▲ 2.8%€0.004mwithin the sector's middle half▼ 96.2%-€0.02mbelow the sector's middle half
Equity€1.3m-€1.4m▲ 8.9%€1.5mabove the sector's middle half▲ 4.3%€1.6mabove the sector's middle half▲ 5.4%€1.6mabove the sector's middle half▲ 4.2%€1.7mabove the sector's middle half▲ 3.0%€1.6mabove the sector's middle half▼ 1.9%€1.6mabove the sector's middle half▼ 3.2%
Total assets€2.2m-€2.1m▼ 2.7%€2.1mabove the sector's middle half▼ 2.5%€2.0mabove the sector's middle half▼ 4.3%€2.0mabove the sector's middle half▲ 0.7%€2.0mabove the sector's middle half▼ 2.1%€1.8mabove the sector's middle half▼ 5.7%€1.9mwithin the sector's middle half▲ 0.9%
Debt€0.8m-€0.6m▼ 18.4%€0.5m▼ 17.8%€0.3m▼ 32.5%€0.3m▼ 14.0%€0.2m▼ 29.2%€0.1m▼ 35.8%€0.2m▲ 53.1%
Working capital-€0.3m--€0.2m▲ 17.5%-€0.2mbelow the sector's middle half▲ 7.3%-€0.1mbelow the sector's middle half▲ 25.6%-€0.06mbelow the sector's middle half▲ 57.6%-€0.01mbelow the sector's middle half▲ 80.9%€0.03mwithin the sector's middle half€0.01mwithin the sector's middle half▼ 63.9%
Solvency59.6%-66.8%▲ 7.2pp71.4%within the sector's middle half▲ 4.6pp78.6%above the sector's middle half▲ 7.2pp81.4%above the sector's middle half▲ 2.7pp85.6%above the sector's middle half▲ 4.2pp88.9%above the sector's middle half▲ 3.4pp85.4%above the sector's middle half▼ 3.5pp
Current ratio0.05-0.09▲ 0.050.17below the sector's middle half▲ 0.080.20below the sector's middle half▲ 0.030.61below the sector's middle half▲ 0.410.90below the sector's middle half▲ 0.301.46within the sector's middle half▲ 0.551.09within the sector's middle half▼ 0.36
Return on assets (ROA)2.5%-4.0%▲ 1.4pp4.4%within the sector's middle half▲ 0.4pp4.7%within the sector's middle half▲ 0.3pp4.9%within the sector's middle half▲ 0.2pp5.2%within the sector's middle half▲ 0.2pp0.2%below the sector's middle half▼ 4.9pp-0.9%below the sector's middle half▼ 1.1pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: 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.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets €1.7m ▼ 0.9%
Current assets €125,721 ▲ 32.9%
Equity and liabilities €1.9m
Equity €1.6m ▼ 3.2%
Provisions €66,020 ▼ 5.2%
Debt €205,350 ▲ 53.1%
Debt's share of the balance-sheet total rises from 7.3% to 11.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€76,284▼
2024 · €100,618
Cash flow
€77,005▼
2024 · €94,333
Debt to equity
0.13▲
2024 · 0.08
ROE
-1.0%▼
2024 · 0.2%
Interest coverage
27.20▼
2024 · 36.06
Debt ≤ 1 year
€115,044▲
2024 · €64,978
Debt > 1 year
€86,446▲
2024 · €63,107
Income taxes
€355▼
2024 · €8,200
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 8,617 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€1.9m▲
Fixed assets21/28€1.7m€1.7m▼
Tangible fixed assets22/27€1.7m€1.7m▼
Land and buildings22€1.7m€1.7m▼
Plant, machinery and equipment23€0.005m€253▼
Furniture and vehicles24€0.001m€0.002m▲
Other tangible fixed assets26€0.002m-
Current assets29/58€0.09m€0.1m▲
Amounts receivable within one year40/41€0.08m€0.07m▼
Trade receivables40€0.005m-
Other amounts receivable41€0.07m€0.07m▲
Cash at bank and in hand54/58€0.02m€0.05m▲
Deferred charges and accrued income490/1€206-
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.9m▲
Equity10/15€1.6m€1.6m▼
Contributions10/11€1.2m€1.2m=
Capital10€1.2m€1.2m=
Issued capital100€1.2m€1.2m=
Reserves13€0.4m€0.4m▼
Non-distributable reserves130/1€0.1m€0.1m=
Legal reserve130€0.03m€0.03m=
Other1319€0.1m€0.1m=
Tax-exempt reserves132€0.2m€0.2m▼
Distributable reserves133€0.009m€0.009m=
Profit (loss) carried forward14€0.05m€0.01m▼
Provisions and deferred taxes16€0.07m€0.07m▼
Deferred taxes168€0.07m€0.07m▼
Amounts payable17/49€0.1m€0.2m▲
Amounts payable after more than one year17€0.06m€0.09m▲
Financial debts170/4€0.03m€0.05m▲
Other amounts payable178/9€0.04m€0.04m▲
Amounts payable within one year42/48€0.06m€0.1m▲
Current portion of amounts payable after more than one year42€0.01m€0.04m▲
Trade debts44€0.009m€0.004m▼
Suppliers440/4€0.009m€0.004m▼
Taxes, remuneration and social security45€0.007m€0.003m▼
Taxes450/3€0.007m€0.003m▼
Other amounts payable47/48€0.04m€0.07m▲
Accrued charges and deferred income492/3€0.006m€0.004m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.09m€0.09m▲
Other operating charges640/8€0.02m€0.02m▲
Gross operating margin9900€0.1m€0.09m▼
Operating profit (loss)9901€0.01m-€0.02m▼
Financial income75/76B€0.001m€248▼
Recurring financial income75€0.001m€248▼
Financial charges65/66B€0.003m€0.003m▲
Recurring financial charges65€0.003m€0.003m▲
Profit (loss) for the period before taxes9903€0.008m-€0.02m▼
Transfer from deferred taxes780€0.004m€0.004m=
Income taxes67/77€0.008m€355▼
Profit (loss) for the period9904€0.004m-€0.02m▼
Transfer from tax-exempt reserves789€0.01m€0.01m=
Profit (loss) for the period to be appropriated9905€0.01m-€0.005m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.05m▼
Profit (loss) brought forward from the previous period14P€0.09m€0.05m▼
Transfer to equity691/2€0.01m-
To the legal reserve6920€0.001m-
To other reserves6921€0.01m-
Profit to be distributed694/7€0.04m€0.04m=
Return on contributions (dividend)694€0.04m€0.04m=

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€91,288€95,899€97,802€94,716€96,451€94,305€90,509€92,848▲ 2.6%
Other operating charges640/8---€12,798€13,328€14,796€16,120€17,617▲ 9.3%
Gross operating margin9900€170,642€201,322€219,750€240,624€241,642€256,877€116,738€93,901▼ 19.6%
Operating profit (loss)9901€66,597€93,076€109,264€133,110€131,863€147,776€10,109-€16,564-
Financial income75/76B---€1-€0€1,072€248▼ 76.9%
Recurring financial income75---€1-€0€1,072€248▼ 76.9%
Financial charges65/66B---€7,817€4,227€5,428€2,790€2,804▲ 0.5%
Recurring financial charges65€15,879€13,239€10,495€7,817€4,227€5,428€2,790€2,804▲ 0.5%
Profit (loss) for the period before taxes9903€50,718€79,837€98,769€125,294€127,635€142,348€8,391-€19,121-
Transfer from deferred taxes780---€3,633€3,633€3,633€3,633€3,633=
Income taxes67/77€361€230€11,560€36,372€33,337€45,318€8,200€355▼ 95.7%
Profit (loss) for the period9904€55,296€84,547€90,842€92,556€97,932€100,664€3,824-€15,842-
Transfer from tax-exempt reserves789---€10,900€10,900€10,900€10,900€10,900=
Transfer to tax-exempt reserves689----€37,890----
Profit (loss) for the period to be appropriated9905€64,890€94,141€101,743€103,456€70,942€111,564€14,725-€4,942-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.2m€2.1m€2.1m€2.0m€2.0m€2.0m€1.8m€1.9m▲ 0.9%
Fixed assets21/28€2.2m€2.1m€2.0m€1.9m€1.9m€1.8m€1.7m€1.7m▼ 0.9%
Tangible fixed assets22/27€2.2m€2.1m€2.0m€1.9m€1.9m€1.8m€1.7m€1.7m▼ 0.9%
Land and buildings22---€1.9m€1.9m€1.8m€1.7m€1.7m▼ 0.5%
Plant, machinery and equipment23---€0.009m€0.008m€0.006m€0.005m€253▼ 95.3%
Furniture and vehicles24---€0.007m€272€172€0.001m€0.002m▲ 259%
Other tangible fixed assets26---€0.01m€0.007m€0.005m€0.002m--
Current assets29/58€0.01m€0.02m€0.04m€0.04m€0.1m€0.1m€0.09m€0.1m▲ 32.9%
Amounts receivable within one year40/41€0.005m€0.02m€0.01m€0.02m€0.06m€0.06m€0.08m€0.07m▼ 5.7%
Trade receivables40---€0.01m€0.02m€0.02m€0.005m--
Other amounts receivable41---€0.006m€0.05m€0.04m€0.07m€0.07m▲ 0.8%
Cash at bank and in hand54/58€0.003m€0.005m€0.03m€0.01m€0.03m€0.05m€0.02m€0.05m▲ 186%
Deferred charges and accrued income490/1---€0.003m€0.003m€0.004m€206--
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.1m€2.1m€2.0m€2.0m€2.0m€1.8m€1.9m▲ 0.9%
Equity10/15€1.3m€1.4m€1.5m€1.6m€1.6m€1.7m€1.6m€1.6m▼ 3.2%
Contributions10/11€1.2m€1.2m€1.2m€1.2m€1.2m€1.2m€1.2m€1.2m=
Capital10---€1.2m€1.2m€1.2m€1.2m€1.2m=
Issued capital100---€1.2m€1.2m€1.2m€1.2m€1.2m=
Reserves13€0.3m€0.3m€0.3m€0.3m€0.3m€0.4m€0.4m€0.4m▼ 2.8%
Non-distributable reserves130/1---€0.02m€0.02m€0.1m€0.1m€0.1m=
Legal reserve130---€0.02m€0.02m€0.03m€0.03m€0.03m=
Other1319-----€0.09m€0.1m€0.1m=
Tax-exempt reserves132---€0.2m€0.3m€0.3m€0.2m€0.2m▼ 4.4%
Distributable reserves133---€0.009m€0.009m€0.009m€0.009m€0.009m=
Profit (loss) carried forward14-€0.2m-€0.07m€0.002m€0.09m€0.1m€0.09m€0.05m€0.01m▼ 79.4%
Provisions and deferred taxes16€0.1m€0.09m€0.08m€0.08m€0.08m€0.07m€0.07m€0.07m▼ 5.2%
Deferred taxes168---€0.08m€0.08m€0.07m€0.07m€0.07m▼ 5.2%
Amounts payable17/49€0.8m€0.6m€0.5m€0.3m€0.3m€0.2m€0.1m€0.2m▲ 53.1%
Amounts payable after more than one year17€0.5m€0.4m€0.3m€0.2m€0.1m€0.08m€0.06m€0.09m▲ 37.0%
Financial debts170/4---€0.1m€0.09m€0.04m€0.03m€0.05m▲ 74.8%
Other amounts payable178/9---€0.04m€0.04m€0.04m€0.04m€0.04m▲ 9.1%
Amounts payable within one year42/48€0.3m€0.2m€0.2m€0.2m€0.2m€0.1m€0.06m€0.1m▲ 77.0%
Current portion of amounts payable after more than one year42---€0.1m€0.09m€0.05m€0.01m€0.04m▲ 167%
Trade debts44€0.004m€0.001m€0.007m€0.002m€0.002m€0.008m€0.009m€0.004m▼ 47.5%
Suppliers440/4---€0.002m€0.002m€0.008m€0.009m€0.004m▼ 47.5%
Taxes, remuneration and social security45---€0.03m€0.01m€0.02m€0.007m€0.003m▼ 54.8%
Taxes450/3---€0.03m€0.01m€0.02m€0.007m€0.003m▼ 54.8%
Other amounts payable47/48---€0.04m€0.06m€0.05m€0.04m€0.07m▲ 100%
Accrued charges and deferred income492/3----€0.003m€0.004m€0.006m€0.004m▼ 35.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€55,296€84,547€90,842€92,556€97,932€100,664€3,824-€15,842-
+ Depreciation and write-downs630€91,288€95,899€97,802€94,716€96,451€94,305€90,509€92,848▲ 2.6%
Operating cash flow (approximation)€146,584€180,446€188,644€187,271€194,383€194,969€94,333€77,005▼ 18.4%
Investment in fixed assets (approximation)--€26,077-€25,843-€10,211-€49,775-€35,717-€758-€77,491▼ 10,125%
Change in cash-€1,489€21,972-€12,145€16,583€19,783-€31,653€35,609-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 24-07-2026 2026-00328900
31-12-2024 micro format 27-06-2025 2025-00190271
31-12-2023 micro format 03-07-2024 2024-00202569
31-12-2022 micro format 28-07-2023 2023-00287228
31-12-2021 micro format 25-08-2022 2022-20324506
31-12-2020 micro format 29-08-2021 2021-61400302
31-12-2019 micro format 29-10-2020 2020-64900481
31-12-2018 micro format 30-08-2019 2019-55200597
31-12-2017 micro format 29-08-2018 2018-60000267
31-12-2016 micro format 18-07-2017 2017-32800420

Show all 28 filings

Similar companies · same sector, comparable size

Of the 82,449 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,257. 22,857 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification
This board is reconstructed from a single act (23358773). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 3

Current
Current

Day-to-day management 1

VLODAVER Iris
Managing director
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
7 of this company's 8 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2023, 3 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
DHYNES Michèle Yvonne Léone
  • Director, since before 20-06-2023
VLODAVER Iris
  • Director, since before 20-06-2023
  • Managing director, since before 20-06-2023
VLODAVER Yitshaq Abir
  • Director, since before 20-06-2023
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 1 October 1997, POLYCOM was incorporated.1 Total assets went from €2.2m in 2018 to €1.9m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Weakest financial yearnet -€15,842
Net result drops to -€15,842, the lowest in the series.
27-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
03-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Highest result from 2018 to 2025net €100,664 ▲2.8%
Operating result €147,776, net result €100,664, both a record.
28-07
NBB filing Annual accounts filed
financial year 2022 · micro format
20-06
Gazette deed Reappointments: VLODAVER Yitshaq Abir, DHYNES Michèle Yvonne Léone and VLODAVER Iris
Amendment of the articles · Capital · Registered office clause11 facts ▸
  • General meeting, 12-06-2023
  • Amendment of the articles (2 times)
  • Capital, €1,200,000
  • Registered office clause, “1190 Forest, Rue de l'Escrime”, 38, “assemblée générale” (deed in French)
  • Director reappointment, VLODAVER Yitshaq Abir (director)
  • Director reappointment, DHYNES Michèle Yvonne Léone (director)
  • Director reappointment, VLODAVER Iris (director)
  • Power of attorney
  • Power of attorney, Olivier DUBUISSON
  • Board meeting, “renouvellement mandat administrateur-délégué de VLODAVER Iris, conseil d'administration composé des administrateurs ci-avant nommés” (deed in French)
  • Director reappointment, VLODAVER Iris (managing director)
2022
25-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 25 days late
2021
29-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 29 days late
2020
29-10
NBB filing Annual accounts filed
financial year 2019 · micro format · 90 days late
2019
30-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 30 days late
2018
29-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 29 days late
2017
18-07
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 28 annual accounts filed, the latest 10 are here; all 28 are under Financials.
1 of 8 deeds read
About the unread acts

Of the 8 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded01-10-1997
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0461562523
Also 9925:BE0461562523
Registered 10-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 1998
registered office establishment The establishment unit on the map
Ground area
255 m²
Building footprint
96 m²
Building volume
970 m³
Parcel 21383B0031/00P040, Brussels · tallest building 14.3 m. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Schermstraat 38, 1190 Vorst
Business and other management consultancy
since 1998unit no. 2.085.666.878
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21383B0031/00P040 Brussels 255 m² 1 · 96 m² 14.3 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“L’achat,la vente,l’importation,l’exportation,la location,la représentation,la conception,le conseil,le transport,l’installation,l’assistance…” (deed in French)
7 activities (deed in French)
  1. L’achat,la vente,l’importation,l’exportation,la location,la représentation,la conception,le conseil,le transport,l’installation,l’assistance technique,la réparation,l’entretien des appareils techniques et électroniques en tout genre,des ordinateurs ou systèmes ordinateurs,des logiciels ainsi que des matériaux,articles,machines-outils,fournitures et ouvrages s’y rapportant directement ou indirectement
  2. La prestation de tous services relatif au conseil,à l’analyse et à la programmation de système d’information administrative
  3. Toutes opérations généralement quelconques,commerciales,industrielles,financières,mobilières ou immobilières,se rapportant directement ou indirectement à son objet
  4. S'intéresser par voie d'apport,de cession,de fusion,de souscription,de prise de participation ou de toute autre forme d'investissement en titres ou droits mobiliers,d'intervention financière ou autrement,dans toutes affaires,entreprises,associations ou sociétés ayant un objet identique,analogue ou connexe,ou de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l'écoulement de ses produits et services
  5. Accepter et exercer un mandat d’administrateur,de gérant ou de liquidateur dans toutes sociétés,quel que soit son objet
  6. Constituer hypothèque ou toute autre sûreté réelle sur les biens sociaux ou se porter caution
  7. Le conseil d’administration a compétence pour interpréter l’objet

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
POLYCOM
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles capitale, établir ou supprimer sièges administratifs,agences,ateliers,dépôts et succursales tant en Belgique qu’à…” (deed in French)

deed of 20-06-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Accomplir tous actes nécessaires ou utiles à réalisation objet” (deed in French)
1 more provision on this in the deed

deed of 20-06-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, actions” (deed in French)

deed of 20-06-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Tuesday of June at 17:30

deed of 20-06-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Toutes opérations prévues par la loi, assemblée générale en décide autrement à majorité des voix” (deed in French)
1 more provision on this in the deed

deed of 20-06-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Augmentation et réduction du capital, assemblée générale délibérant comme en matière de modification aux statuts” (deed in French)
Other provision: “Droit de préférence en cas de souscription en espèces, actions à souscrire en espèces,obligations convertibles ou droits de souscription” (deed in French)
Other provision: “Appels de fonds, lettre recommandée avec indication du compte bancaire” (deed in French)
Other provision: “Action indivisible,un seul propriétaire reconnu par action, indivisibilité des actions” (deed in French)
Other provision: “Présidence du conseil d'administration, parmi ses membres” (deed in French)
Other provision: “Lieu indiqué dans convocation, convocation du conseil d'administration” (deed in French)
Other provision: “Délibérations du conseil d'administration, moitié au moins des membres présents ou représentés” (deed in French)
Other provision: “Procès-verbaux du conseil d'administration, registre spécial” (deed in French)
Other provision: “Gestion journalière, conseil détermine si agissent seul ou conjointement” (deed in French)
Other provision: “Si et dans quelle mesure mandat rémunéré par indemnité fixe ou variable, rémunération administrateurs” (deed in French)
Other provision: “Contrôle de la société, lorsque loi exige” (deed in French)
Other provision: “Représentation à assemblée générale, toutes formalités admission accomplies” (deed in French)
Other provision: “Liste de présences, avant entrer en séance” (deed in French)
Other provision: “Vote par correspondance, formulaire mis à disposition par organe d'administration” (deed in French)
Other provision: “Composition du bureau, président du conseil d'administration” (deed in French)
Other provision: “Délibération assemblée générale, ne peut délibérer sauf si tous actionnaires présents et décident unanimité de délibérer sujets nouveaux” (deed in French)
Other provision: “Assemblée générale par procédure écrite, toutes décisions relevant pouvoir assemblée générale” (deed in French)
Other provision: “Droit de vote, quel que soit le nombre de titres représentés” (deed in French)
Other provision: “Prorogation assemblée générale, séance tenante” (deed in French)
Other provision: “Procès-verbaux assemblée générale, registre spécial tenu au siège” (deed in French)
Other provision: “Affectation des bénéfices, si réserve entamée jusqu'à nouveau un-dixième” (deed in French)
Other provision: “Paiement dividendes et acomptes, conseil d'administration” (deed in French)
Liquidation distribution: “Après paiement dettes charges frais ou consignation montants nécessaires, prorata nombre actions” (deed in French)
Other provision: “Élection de domicile, communications sommations assignations significations valablement faites” (deed in French)
Other provision: “Application Code des sociétés et des associations, réputées inscrites” (deed in French)
3 more provisions in the deed, see the deed of 20-06-2023

deed of 20-06-2023