Skip to content

POLYGONE Solutions Modulaires

Active
Private limited companyfounded 2019active for 7 yearsRue de la Fagne d'Hi 5, 6600 Bastogne, BelgiumKBO/BCE: BE 0719.520.561
Summary

POLYGONE Solutions Modulaires has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€579,730) and a net result of -€29,721. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9,590 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Other specialised construction activities
NACE 43990Rental and leasing activities NACE 77394
6th largest company by total assets in Bastogne, Construction sector1 site
Size
€3.8mtotal assets 2025
Staff
1.7 FTE
Equity
-€579,730
Loss
-€29,721
Net result +96%: other schema
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Accounts 30 days early1 of 7 deeds read
Why 53raises riskCapped at 59: negative equityNegative equity -€579,730Liquidity: current ratio 0.25, cash €75,507lowers riskSize: 1.7 FTE, total assets €3.8mFigures for financial year 2025 (filed 01-07-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (NACE 43, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 10-3
equity -15.4% of total assets
Liquidity 22-2
short-term debt 58.3% · cash 2.0%
Profitability 48+48
return on assets -0.8%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 2.0%▼ -0.9 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.3%▲ +0.3 percentage points vs 02-2025 04-2025: 2.5%▲ +0.2 percentage points vs 03-2025 05-2025: 2.3%▼ -0.2 percentage points vs 04-2025 06-2025: 2.8%▲ +0.5 percentage points vs 05-2025 07-2025: 3.0%▲ +0.2 percentage points vs 06-2025 08-2025: 5.0%▲ +2.0 percentage points vs 07-2025 09-2025: 5.0%● unchanged vs 08-2025 10-2025: 5.0%● unchanged vs 09-2025 11-2025: 5.0%● unchanged vs 10-2025 12-2025: 5.0%● unchanged vs 11-2025 01-2026: 5.0%● unchanged vs 12-2025 02-2026: 5.0%● unchanged vs 01-2026 03-2026: 5.1%▲ +0.1 percentage points vs 02-2026 04-2026: 5.3%▲ +0.2 percentage points vs 03-2026 05-2026: 5.3%● unchanged vs 04-2026 06-2026: 5.5%▲ +0.2 percentage points vs 05-2026 07-2026: 5.8%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 1.5%▼ -4.3 percentage points vs 07-2026 09-2026: 1.5%● unchanged vs 08-2026 10-2026: 1.4%▼ -0.1 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.25, compared with 0.29 in 2024; short-term debt: 58.3% and cash: 2% of total assets), and equity is negative.
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 (NACE 43, micro): better than 6% on solvency, 13% on liquidity, 23% on profitability and 28% on growth.

The bankruptcy probability was computed on 11-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€579,730
NBB · annual accounts
lowers risk · Size: 1.7 FTE, total assets €3.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 01-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.25, cash €75,507
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€579,730
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 01-07-2026, 30 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
30 days early
2024
13 days early
2023
23 days early
2022
28 days early
2021
16 days late
2020
23 days late
2019
31 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 3 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 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: Pascal Louis (director)Appointment: Eric Groenendaels (director)
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€579,730 View
  • Risk: 5 loss-making years in a rowloss financial year 2025 -€29,721 View
  • Positive: Result rose in 2025different schema filed ▲ 95.7% View
  • Caution: Among the weakest 5% on solvencysector median 44.1% · 9,590 companies -15.4% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€3.8m
Loss
-€29,721
Solvency
-15.4%
Total assets▼ 15.1%
Net result
20192025
Go to Financials

Timeline

Events
10
Since
2020
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 08-07-2024Annual accounts filed
  3. 03-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
29-01-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.