Equity
€117,306 ▲ 8.7%
POLYGON INVEST has made a profit without a break since 2021.
POLYGON INVEST
Lifetime
15 annual accounts with figures on one time axispeak €77,830 (2024)
€74,644▼ 4.1%
lowest -€2,434 (2015)
€9,401▼ 48.2%
peak €117,306 (2025)
€117,306▲ 8.7%
€982,461▼ 3.7%
Board6 names since 2021
3 directorsHERMANS Martine and 2 others
Documentsfilings and deeds
08-06-202653 days before the deadline
2025micro format
Result from €18,133 to €9,401Registered office moved from Zutendaal to Genk 05-08Cash from €8,686 to €91,193
Key points
from the 2025 annual accountsChecked score
85
Excellent
Financially stronger than 49% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
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: 0.4%▲ +0.2 percentage points vs 06-2025
08-2025: 0.2%▼ -0.2 percentage points vs 07-2025lowest value
09-2025: 0.4%▲ +0.2 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026highest value
07-2026: 0.3%▼ -0.2 percentage points vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Equity €117,306 (10.7% of total assets)
lowers risk
Size: total assets €1.1m
Figures for financial year 2025 (filed on 08-06-2026)
Calculation
The band follows from the bankruptcy probability. 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 (NACE 68, micro). It does better than 32% of them on solvency, 72% on liquidity, 30% on profitability and 64% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as POLYGON INVEST has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of POLYGON INVEST itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for POLYGON INVEST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.81 (9.39 in 2024), above the usual 1.5. Short-term debt is 5.4% and cash 8.3% of total assets. However, 89.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 days early
2024
22 days early
2023
23 days early
2022
14 days early
2021
3 days early
2020
3 days early
2019
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 9 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Zutendaal to Genk
New registered office: Dieplaan 11, 3600 Genk · Previous registered office: Daalstraat 1, 3690 Zutendaal · Board meeting of 25-06-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0835677467
Resignation: Bruno Leyssens (director)
Director discharge: Bruno Leyssens · General meeting of 05-09-2023 · Gazette deed
Company renamed from FRENTEC to POLYGON INVEST
Registered office moved from Pelt to Zutendaal · Capital contribution of €50,000 · New registered office: Daalstraat 1, 3690 Zutendaal · General meeting of 15-01-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| POLYGON INVEST Genk | €1.1m | €74,644 | 10.7% | - |
| Dirk Hendrickx Management Consulting Hasselt | €1.1m | €84,550 | 37.1% | - |
| FP-Plessers Pelt | €0.9m | €82,569 | 41.7% | - |
| Immo Mattheus Heusden-Zolder | €1.3m | €60,833 | 7.9% | - |
| HENOVA Herve | €1.1m | €69,342 | 26.6% | - |
| DELABRIEK Ghent | €1.0m | €87,583 | 40.0% | - |
| WANNEYN VASTGOED Beernem | €1.0m | €89,904 | 45.5% | - |
These companies have the same main activity as POLYGON INVEST: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €912,000 and €1.3m, founded between 2009 and 2011.
Official details
Source: KBO- Status
- Active since 20-04-2011Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 2 others
- Establishment unit
- 2.202.900.0883600 Genk, since 20-04-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 23-06-2025
Annual accounts 2025
- ≈ €160,000estimated
- €1.1m▼ 2.5%
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Insights on POLYGON INVEST
POLYGON INVEST files the micro format. That format states no turnover. The gross margin rose from -€297 in 2011 to €74,644 in 2025.
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 POLYGON INVEST
- What is the company number of POLYGON INVEST?
- The company number of POLYGON INVEST is 0835.677.467. The VAT number is the same number with BE in front: BE 0835.677.467.
- Where is POLYGON INVEST based?
- The registered office is at Dieplaan 11, 3600 Genk.Company details
- What does POLYGON INVEST do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of POLYGON INVEST?
- POLYGON INVEST is a private limited company (BV).
- When was POLYGON INVEST founded?
- POLYGON INVEST was founded on 20-04-2011.
- Is POLYGON INVEST still active?
- Yes, POLYGON INVEST is an active enterprise in the KBO register.
- What is the turnover of POLYGON INVEST?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €74,644 and 32 comparable companies (NACE 683). It probably lies between €100,000 and €220,000.Financials
- Is POLYGON INVEST profitable?
- In financial year 2025, POLYGON INVEST made a profit of €9,401.
- Where can I find the annual accounts of POLYGON INVEST?
- POLYGON INVEST filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POLYGON INVEST due?
- POLYGON INVEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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