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Polygon Belgium

Active
Public limited companyfounded 199036 yrs activeMoerelei 127, 2610 Antwerpen, BelgiumKBO/BCE: BE 0440.188.077
Summary

Polygon Belgium has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.8m and a net result of €425,430. Equity remains stable across the filed fiscal years (±2% per year). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch ReportCompare
Polygon BelgiumActiveChecked score 69/100
Risk analysis ReportCompare

Overview

What they do
Manufacture of machinery and equipment not elsewhere classified
NACE 28250NACE 29230Wholesale of electrical equipment, including installation materials NACE 46643
2 sites
How big
€7.2mturnover 2024
Staff
52.7 FTE
Equity
€2.8m
Profit
€425,430
Financially healthy?
69 Healthy Checked score 2024
Bankruptcy chance 12 m
0.4%
Who decides
Parent
Polygon Nederland · 99.92%
Board
2 members
Holdings
2
Accounts 32 d early1 of 22 deeds read
Why 69- Multiple establishment units+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2024
69 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-19
Solvency64▼-2
Growth51▼-19
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.67 in 2023; short-term debt: 38.9% and cash: 5.9% of total assets), and 61.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
38.7%
Return on assets
6%
Age of the figures
21 mo
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 · 10 filings
Deviation from the deadline
2025
32 d early
2024
33 d late
2023
12 d early
2022
23 d early
2021
33 d early
2020
53 d early
2019
56 d early
← 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 25 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 8 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignation: Nina JUNEHED (director)Appointments: Robin PETERSEN (director) and…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Caution: Result fell in 2024from €1.2m to €425,430 ▼ 65.7% View
  • Board changedlatest change 15-04-2026 · 2 in office 2 joined · 1 left View
  • Controlled by Polygon Nederlandknown shareholders 100% 99.92% View
  • Positive: 7 profitable years in a rowprofit 2024: €425,430 7 years View

By topic

Financials

Fiscal year
2024
Turnover
€7.2m
Profit
€425,430
Solvency
38.7%
Turnover▼ 2.8%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 27-07-2026Resignation: Nina JUNEHED (director)
  2. 29-06-2026Annual accounts filed
  3. 02-09-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28250
Founded
10-04-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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