Polyform
A bankruptcy procedure is open for Polyform according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2022 annual accounts show equity of €384k and a net result of €-763k.
| Equity | €384k |
| Net result | €-763k |
| Staff (FTE) | 25 |
| Better than sector | 36% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.9% | 25.1% | |
| Net result | €-763k | €-4k | |
| Equity | €384k | €60k | |
| Gross operating margin | €1.05M | €11k | |
| Staff costs | €1.46M | €666k |
| Fiscal year | 2022 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-465k |
| Net profit | €-763k |
| Cash flow | €-502k |
| Staff costs | €1.46M |
| Income taxes | €995 |
| Dividends | - |
| Total assets | €4.33M |
| Equity | €384k |
| Debt | €3.92M |
| of which ≤ 1y | €3.09M |
| of which > 1y | €827k |
| Working capital | €-662k |
| Employees (FTE) | 25.0 |
| 2022 | |
|---|---|
| Current ratio | 0.79 |
| Quick ratio | 0.50 |
| Working capital ratio | -15.3% |
| Solvency | 8.9% |
| Debt / equity | 10.21 |
| Long-term debt ratio | 2.16 |
| Interest coverage | -10.12 |
| Gross margin | - |
| Net margin | - |
| ROA | -17.6% |
| ROE | -198.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.33M |
| Fixed assets | 21/28 | €1.74M |
| Formation expenses | 20 | €153k |
| Tangible fixed assets | 22/27 | €1.74M |
| Current assets | 29/58 | €2.43M |
| Stocks & contracts in progress | 3 | €899k |
| Amounts receivable within one year | 40/41 | €1.29M |
| Cash & bank | 54/58 | €238k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.33M |
| Equity | 10/15 | €384k |
| Contributions / capital | 10/11 | €1.52M |
| Accumulated profits (losses) | 14 | €-1.17M |
| Provisions & deferred taxes | 16 | €25k |
| Amounts payable | 17/49 | €3.92M |
| Amounts payable after one year | 17 | €827k |
| Amounts payable within one year | 42/48 | €3.09M |
| Trade debts payable within one year | 44 | €2.23M |
| Income statement | ||
| Gross operating margin | 9900 | €1.05M |
| Operating result | 9901 | €-726k |
| Financial income | 75 | €10k |
| Financial charges | 65 | €46k |
| Result before taxes | 9903 | €-762k |
| Income taxes | 67/77 | €995 |
| Net result for the period | 9904 | €-763k |
| Result to be appropriated | 9905 | €-763k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CAROLINE DEWANDRE PLACE VERTE 13,
4000 LIEGE 1 |
03-10-2024 → present | Belgian State Gazette |
| NACE primary | 20160 |
| Legal form | Public limited company(014) |
| Incorporation | 03-04-2015 |
| Status | Active |
| Postal code | 4430 |
| First BS signal | 23-04-2024 |
| Latest BS signal | 09-10-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63046C0262/00X004 | Wallonia | 1,225 m² | 1 · 210 m² | 6.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-10-2023 Registered office moved from Limbourg to Ans
- Chemin du Loup 10 à 4830 Limbourg → Rue Bonne-Fortune N° 102 à 4430 Ans
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue Bonne-Fortune N\u00B0 102 \u00E0 4430 Ans",
"city": "Ans",
"region": "waals_gewest",
"street": "Rue Bonne-Fortune",
"country": "BE",
"postcode": "4430",
"box_number": null,
"street_number": "102",
"locality_suffix": null
},
"old_address": {
"raw": "Chemin du Loup 10 \u00E0 4830 Limbourg",
"city": "Limbourg",
"region": "waals_gewest",
"street": "Chemin du Loup",
"country": "BE",
"postcode": "4830",
"box_number": null,
"street_number": "10",
"locality_suffix": null
},
"effective_date": "2023-07-01",
"evidence_quote": "A l\u0027unanimit\u00E9 des voix, le Conseil d\u0027Administration d\u00E9cide, \u00E0 partir du 1er juillet 2023 que l\u0027adresse du si\u00E8ge social est:",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2023-10-11",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "conseil_d_administration",
"date": "2023-08-21",
"unanimous": true
},
"subject_company": {
"kbo": "0627.934.646",
"name_full": "POLYFORM",
"legal_form": "Soci\u00E9t\u00E9 anonyme"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Copie \u00E0 publier aux annexes au Moniteur belge apr\u00E8s d\u00E9p\u00F4t de l\u0027acte au greffe"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Polyform |