Equity
€383,643 from €1.5m in 2018
Equity fell by 74% in 4 years.
Polyform
Information for creditors
Enterprise Court of Liège, Liège division · Official Gazette of 09-10-2024Appeal or third-party opposition 24-10-2024Filing the claim in RegSol 02-11-2024First verification report 14-11-2024Late claim 03-10-2025
Trustee: Caroline Dewandre. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
8 annual accounts with figures on one time axispeak €2.4m (2018)
€1.0m▼ 40.4%
lowest -€763,164 (2022)
-€763,164▼ €746,984
peak €1.5m (2018)
€383,643▼ 66.5%
€3.9m▲ 9.6%
peak 42.7 FTE (2016)
25 FTE▼ 18.3%
Board3 names since 2017
2 directorsG SQUARE Consulting and 1 other
Owners5 names in the annual accounts
100%Simonis Plastic and 1 other
Documentsfilings and deeds
11-04-2024255 days late
2022financial year
Gross margin from €1.8m to €1.0mLoss of €763,164Staff from 30.6 FTE to 25 FTEEquity from €1.1m to €383,6431 establishment registeredCash from €344,283 to €238,101
Key points
from the 2022 annual accounts, the last ones filedLosses
-€1.2m in four years
Every financial year from 2019 to 2022 closed with a loss. 2022 was the heaviest.
Debts
€3.9m 91% of the balance sheet
Financial debts 28%Suppliers 57%Taxes and wages 7%Other 9%
Of this, €3.1m falls due within a year. The annual accounts state €21,904 of overdue social security (RSZ) debts on 31-12-2022.
Filings
8 annual accounts 3 late
The 2022 accounts came latest: 255 days after the end of the period.
Final months
170 days from reorganisation to bankruptcy
No annual accounts were filed for 2023.
At the same address
3 companies
PLASTIQUAL came to this address 1 day after the ruling.
No score
Board and ownership
- Simonis Plastic 100%bankrupt since 03-10-2024equity €903,864 (2022) · annual accounts 2022
Recent changes
Bankruptcy published
Enterprise Court of Liège, Liège division · judgment of 03-10-2024 · Bankruptcy
Reappointment: G Square Consulting (director)
Permanent representative: Ghislain Gilliot · General meeting of 03-04-2024 · Gazette deed
Judicial reorganisation opened
Enterprise Court of Liège · collective agreement · judgment of 16-04-2024 · Judicial reorganisation
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 03-10-2024
- Activity
- Manufacture of chemicals and chemical productsNACE 20160and 2 others
- Establishment units
- 2.241.074.6374830 Limbourg, since 03-04-2015
- 2.327.911.7104430 Ans, since 04-01-2022
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2022
- ≈ €1.8mestimated
- €4.3m▼ 8.8%
- Employeeson 31-12-2022
- 25▼ 13.8%
- Filing
- Filed on 11-04-2024
Insights on Polyform
Equity fell from €1.5m in 2018 to €383,643 in 2022, while debts rose from €1.7m to €3.9m.
On 16 April 2024 the court opened a judicial reorganisation. 170 days later came the bankruptcy. Parent company Simonis Plastic went bankrupt the same day.
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 Polyform
- What is the company number of Polyform?
- The company number of Polyform is 0627.934.646. The VAT number is the same number with BE in front: BE 0627.934.646.
- Where was Polyform based?
- The last known address of the registered office is Rue Bonne-Fortune 102, 4430 Ans.Company details
- What does Polyform do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20160).
- What is the legal form of Polyform?
- Polyform is a public limited company (NV).
- When was Polyform founded?
- Polyform was founded on 03-04-2015.
- Is Polyform still active?
- A bankruptcy is running. A bankruptcy trustee manages the company.
- How many employees did Polyform have?
- Polyform had an average of 25 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of Polyform?
- The turnover in financial year 2022 is ≈ €1.8m. This figure is estimated from the gross margin of €1.0m and 1,585 comparable companies of the same size. It probably lies between €1.2m and €3.0m. It is a rough estimate.
- Is Polyform profitable?
- In financial year 2022, Polyform made a loss of €763,164.
- Where can I find the annual accounts of Polyform?
- Polyform filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2022.
Next steps
See what became of the directors' other companies.Supplier due diligence See who ran this company and where its registered office was, on a date of your choice.Company as of a date Find how this company is connected to another party.Network investigator Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list See how the manufacture of chemicals and chemical products sector is doing.Sector figures