Polyconstruct
ActivePolyconstruct has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €70k and a net result of €6k. Equity is shrinking by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 9520 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
71
/ 100
Healthy▲ +24 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability42▲+42
Solvency60▲+8
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.39 in 2023), and 68.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
31.7%
Return on assets
2.6%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-11-2025, 103 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
103 d late
2023
113 d late
2022
293 d late
2021
30 d late
2020
31 d late
2019
77 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€70k▲ 9.1%
2023 · €64k
2018: €149k
2019: €154k
2020: €154k
2021: €49k
2022: €67k
2023: €64k
2018 → 2024
Total assets
€220k▼ 4.0%
2023 · €229k
2018: €341k
2019: €341k
2020: €417k
2021: €261k
2022: €278k
2023: €229k
2018 → 2024
Net result
€6k
2023 · €-3k
2018: €63k
2019: €63k
2020: €9k
2021: €-62k
2022: €50k
2023: €-3k
2018 → 2024
Working capital
€70k▲ 9.1%
2023 · €64k
2018: €114k
2019: €166k
2020: €178k
2021: €61k
2022: €67k
2023: €64k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€154k-€49k▼ 68.0%€67k▲ 36.2%€64k▼ 5.0%€70k▲ 9.1%
Operating result€-6k-€-141k▼ 2,367%€12k€-8k€528
Net result€9k-€-62k€50k€-3k€6k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €528 after a loss of €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €220k
Equity
€70k▲ 9.1%
Debt
€150k▼ 9.0%
The debt ratio falls from 72.1% to 68.3%: equity grows while debt is paid down.
Key figures and ratios
Solvency
31.7%▲
2023 · 27.9%
Current ratio
1.46▲
2023 · 1.39
Quick ratio
1.46▲
2023 · 1.39
Debt / equity
2.16▼
2023 · 2.59
ROE
8.3%▲
2023 · -5.2%
ROA
2.6%▲
2023 · -1.5%
Debt
€150k▼
2023 · €165k
Debt ≤ 1 year
€150k▼
2023 · €165k
Income taxes
€1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€229k€220k▼
Current assets29/58€229k€220k▼
Amounts receivable after more than one year29€100k€100k=
Other amounts receivable291€100k€100k=
Amounts receivable within one year40/41€109k€113k▲
Trade receivables40€91k€91k=
Other amounts receivable41€18k€22k▲
Cash at bank and in hand54/58€20k€7k▼
Equity and liabilities
Total equity and liabilities10/49€229k€220k▼
Equity10/15€64k€70k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€43k€49k▲
Amounts payable17/49€165k€150k▼
Amounts payable within one year42/48€165k€150k▼
Trade debts44€118k€122k▲
Suppliers440/4€118k€122k▲
Taxes, remuneration and social security45€7k€1k▼
Taxes450/3€7k€1k▼
Other amounts payable47/48€40k€27k▼
Income statement
Code20232024
Other operating charges640/8€190€339▲
Gross operating margin9900€-8k€867▲
Operating profit (loss)9901€-8k€528▲
Financial income75/76B€5k€7k▲
Recurring financial income75€5k€7k▲
Financial charges65/66B€466€418▼
Recurring financial charges65€466€418▼
Profit (loss) for the period before taxes9903€-3k€7k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-3k€6k▲
Profit (loss) for the period to be appropriated9905€-3k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€43k€49k▲
Profit (loss) brought forward from the previous period14P€47k€43k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 103 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
19-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 293 days late
2022
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-62k ▼799%
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 77 days late
2019
31-12
Financial
Equity above €150kEq €154k ▲3.5%
2 profitable years in a row build equity to €154k.
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 56 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
13-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 74 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Zele · 1 establishment unit since 2006
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.
Kamershoek 1119240 ZeleGround area
1,636 m²
Building footprint
210 m²
Volume, LiDAR
892 m³
Parcel 42402C0693/00H000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Polyconstruct
since 20062.155.118.581
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42402C0693/00H000 | Flanders | 1,636 m² | 1 · 210 m² | 7.0 m · 1 fl. |
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.
Similar companies · same sector, comparable size
M&G PROD
BE 0480.116.346
Rixensart · Eq €70k
Sira Group
BE 0772.629.447
Veurne · Eq €70k
Positive Power
BE 0554.683.810
Lokeren · Eq €69k
MADE 2
BE 0465.665.326
Flémalle · Eq €69k
CHATEAUFORM’ BELGIQUE
BE 0893.778.685
Jodoigne · Eq €70k
Of 4,556 companies in sector 82300 we hold annual accounts for 1,662. 1,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2006
Fiscal year end31-12
Activities, NACEBEL
74872
82300Organisation of conventions and trade shows
71408
82990Other business support services
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.