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POLYGON ASBEST CLEANING

Active
Private limited companyfounded 2017active for 9 yearsTunnelstraat 51, 3970 Leopoldsburg, BelgiumKBO/BCE: BE 0671.968.983
Summary

POLYGON ASBEST CLEANING has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €213,279. Equity is growing by about 39% per year across the filed financial years. Its solvency ranks better than 85% of 33 sector peers (NACE 39, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Remediation activities and other waste management service activities
NACE 39000
4th largest employer in Leopoldsburg1 site
Size
€4.5mtotal assets 2025
Staff
24.7 FTE
Equity
€3.1m
Profit
€213,279
Turnover not published (abbreviated format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Polygon Belgium · 100%
Auditor: VAN HAVERMAET BEDRIJFSREVISORENAccounts 32 days early4 of 9 deeds read
Why 97raises risk1 of the last 3 latelowers riskLiquidity: current ratio 3.79, cash €1.1mEquity €3.1m (69.4% of total assets)Size: 24.7 FTE, total assets €4.5mShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (all companies)
Financial strength · tick = 2024
Strong
Solvency 94+9
equity 69.4% of total assets
Liquidity 70+17
short-term debt 25.3% · cash 23.7%
Profitability 75-14
return on assets 4.7%
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 0.3% (15 companies, NACE 39, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.2%▼ -0.4 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026lowest value
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.79, compared with 3.03 in 2024, above the usual 1.5; short-term debt: 25.3% and cash: 23.7% of total assets), and 30.6% 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 (all companies): better than 81% on solvency, 90% on liquidity, 75% on profitability and 62% on growth.

The bankruptcy probability was computed on 17-10-2026 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 riskraises riskneutral
lowers risk · Liquidity: current ratio 3.79, cash €1.1m
NBB · annual accounts
lowers risk · Equity €3.1m (69.4% of total assets)
NBB · annual accounts
lowers risk · Size: 24.7 FTE, total assets €4.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
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 29-06-2026, 32 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
32 days early
2024
33 days late
2023
12 days early
2022
23 days early
2021
41 days early
2020
17 days late
2019
29 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 4 days before the deadline; the sector median (NACE 39) for financial year 2024 is 9 days before the deadline, and 34% 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 8 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
18-10-2026 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. Resignation: Nina JUNEHED (director)Appointment: Ive CLEYMANS (vervangend bestuurder)…
  3. Appointment: VAN HAVERMAET BEDRIJFSREVISOREN (statutory auditor)Permanent representative: Amerik JANSEN

Key points

  • Caution: Result fell in 2025from €806,326 to €213,279 ▼ 73.5% View
  • Positive: Among the best 6% on equitysector median €405,716 · 33 companies €3.1m View
  • Board changedlatest change 15-04-2026 · 2 in office 2 joined · 1 left View
  • Positive: 8 profitable years in a rowprofit 2025: €213,279 8 years View
  • Controlled by Polygon Belgiumultimately: Polygon International AB 100% View

By topic

Financials

Financial year
2025
Total assets
€4.5m
Profit
€213,279
Solvency
69.4%
Turnover▲ 78.8%
Net result
20182020
Go to Financials

Board & ownership

Board
2 members
Parent
Polygon Belgium · 100%
Auditor
VAN HAVERMAET BEDRIJFSREVISOREN
  • Carla SLAETSDirector
  • Ive CLEYMANSDirector
Go to Board & ownership

Timeline

Events
16
Since
2019
Next accounts
by 31-07-2027
  1. 02-09-2025Annual accounts filed
  2. 02-04-2025Resignation: Axel Gränitz (director)
  3. 31-12-2024Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Remediation activities and other waste management service activitiesNACE 39000
Founded
02-03-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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