POLYGON – CS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.51M and a net result of €327k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 1469 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
5 d early
2022
31 d late
2021
31 d late
2020
4 d early
2019
3 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.51M▲ 4.1%
2024 · €1.45M
2018: €-16k
2019: €179k
2020: €536k
2021: €746k
2022: €1.01M
2023: €1.35M
2024: €1.45M
2018 → 2025
Net result
€327k▼ 4.0%
2024 · €341k
2018: €2k
2019: €205k
2020: €361k
2021: €244k
2022: €310k
2023: €387k
2024: €341k
2018 → 2025
Total assets
€2.10M▼ 0.6%
2024 · €2.11M
2018: €215k
2019: €834k
2020: €1.35M
2021: €1.92M
2022: €2.44M
2023: €2.89M
2024: €2.11M
2018 → 2025
Solvency
71.8%▲ 3.2pp
2024 · 68.6%
2018: -7.4%
2019: 21.5%
2020: 39.8%
2021: 38.8%
2022: 41.4%
2023: 46.6%
2024: 68.6%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€746k-€1.01M▲ 35.5%€1.35M▲ 33.3%€1.45M▲ 7.3%€1.51M▲ 4.1%
Operating result€328k-€419k▲ 27.7%€514k▲ 22.8%€438k▼ 14.7%€436k▼ 0.6%
Net result€244k-€310k▲ 27.0%€387k▲ 25.0%€341k▼ 11.9%€327k▼ 4.0%
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 has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.10M
Fixed assets
€149k▼ 5.0%
Current assets
€1.95M▼ 0.2%
Equity and liabilities €2.10M
Equity
€1.51M▲ 4.1%
Debt
€591k▼ 10.8%
The debt ratio falls from 31.4% to 28.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
71.8%▲
2024 · 68.6%
ROE
21.7%▼
2024 · 23.6%
ROA
15.6%▼
2024 · 16.2%
Debt
€591k▼
2024 · €662k
Debt ≤ 1 year
€481k▲
2024 · €433k
Debt > 1 year
€23k▼
2024 · €36k
Income taxes
€98k▼
2024 · €103k
Staff costs
€391k▼
2024 · €407k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.11M€2.10M▼
Fixed assets21/28€157k€149k▼
Intangible fixed assets21€95k€112k▲
Tangible fixed assets22/27€61k€37k▼
Furniture and vehicles24€58k€34k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€150€150=
Current assets29/58€1.95M€1.95M▼
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€341k€1.17M▲
Trade receivables40€212k€967k▲
Other amounts receivable41€129k€203k▲
Current investments50/53€0-
Cash at bank and in hand54/58€1.61M€760k▼
Deferred charges and accrued income490/1€5k€18k▲
Equity and liabilities
Total equity and liabilities10/49€2.11M€2.10M▼
Equity10/15€1.45M€1.51M▲
Contributions10/11€13k€13k=
Reserves13€1.43M€1.49M▲
Distributable reserves133€1.43M€1.49M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€662k€591k▼
Amounts payable after more than one year17€36k€23k▼
Financial debts170/4€36k€23k▼
Amounts payable within one year42/48€433k€481k▲
Current portion of amounts payable after more than one year42€13k€14k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€138k€159k▲
Suppliers440/4€138k€159k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€35k€236k▲
Taxes450/3€461€162k▲
Remuneration and social security454/9€35k€74k▲
Other amounts payable47/48€246k€72k▼
Accrued charges and deferred income492/3€193k€87k▼
Income statement
Code20242025
Remuneration, social security and pensions62€407k€391k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€48k▼
Other operating charges640/8€7k€601▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€901k€880k▼
Operating profit (loss)9901€438k€436k▼
Financial income75/76B€16k€11k▼
Recurring financial income75€16k€11k▼
Financial charges65/66B€11k€22k▲
Recurring financial charges65€11k€22k▲
Profit (loss) for the period before taxes9903€444k€425k▼
Income taxes67/77€103k€98k▼
Profit (loss) for the period9904€341k€327k▼
Profit (loss) for the period to be appropriated9905€341k€327k▼
Appropriation of the result
Profit (loss) to be appropriated9906€341k€327k▼
Transfer to equity691/2€99k€60k▼
To other reserves6921€99k€60k▼
Profit to be distributed694/7€242k€268k▲
Return on contributions (dividend)694€175k€200k▲
Directors or managers695€45k€45k=
Employees696€22k€23k▲
Social balance
Average headcount (FTE)90875.05.0=
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €387k ▲25%
Operating result €514k, net result €387k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €1MEq €1.01M ▲35.5%
5 profitable years in a row build equity to €1.01M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €536k ▲199%
3 profitable years in a row build equity to €536k.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 3 days late
2019
31-12
Financial
Liquidity times 6current ratio 5.18
Current ratio from 0.91 to 5.18; short-term debt falls from €224k to €159k.
31-12
Financial
Equity above €150kEq €179k
2 profitable years in a row build equity to €179k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Antwerpen · 1 establishment unit since 2014
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.
Ernest Van Dijckkaai 172000 AntwerpenGround area
315 m²
Building footprint
315 m²
Volume, LiDAR
6,102 m³
Parcel 11804D0079/00B000, Flanders · tallest building 25.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Polygon-CS
since 20142.235.919.977
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D0079/00B000 | Flanders | 315 m² | 1 · 315 m² | 25.9 m · 7 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.
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Of 4,685 companies in sector 66220 we hold annual accounts for 3,230. 1,889 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2014
Fiscal year end31-12
Activities, NACEBEL
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.polygon-cs.com
E-mail:info@polygon-cs.com