POLYGONWOOD
ActivePOLYGONWOOD has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €39k. Equity is growing by ~78.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 10.57 against 4.0 in 2024; short-term debt: 9.4% and cash: 92.1% of total assets), and 9.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.6%
Return on assets
25.8%
Age of the figures
9 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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
54 d late
2023
32 d early
2022
31 d early
2021
38 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1k
EBIT margin
-34.2%
Net result
€39k▼ 14.5%
2024 · €46k
2021: €-416
2022: €-939
2023: €49k
2024: €46k
2021 → 2025
Working capital
€137k▲ 40.6%
2024 · €97k
2022: €3k
2023: €52k
2024: €97k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1k-
Equity€4k-€3k▼ 13.4%€52k▲ 1,584%€98k▲ 87.6%€137k▲ 39.9%
Operating result€-368-€-900▼ 145%€67k€63k▼ 6.0%€45k▼ 28.3%
Net result€-416-€-939▼ 126%€49k€46k▼ 6.8%€39k▼ 14.5%
Turnover and EBIT margin not published: the 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 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151k
Fixed assets
€282▼ 50.0%
Current assets
€151k▲ 16.4%
Equity and liabilities €151k
Equity
€137k▲ 39.9%
Debt
€14k▼ 56.0%
The debt ratio falls from 24.9% to 9.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▼
2024 · €64k
Cash flow
€40k▼
2024 · €46k
Solvency
90.6%▲
2024 · 75.1%
Current ratio
10.57▲
2024 · 4.00
Quick ratio
10.57▲
2024 · 4.00
Debt / equity
0.10▼
2024 · 0.33
ROE
28.5%▼
2024 · 46.7%
ROA
25.8%▼
2024 · 35.1%
Interest coverage
801.22▼
2024 · 957.91
Debt
€14k▼
2024 · €32k
Debt ≤ 1 year
€14k▼
2024 · €32k
Income taxes
€6k▼
2024 · €18k
Staff costs
€250▼
2024 · €2k
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€130k€151k▲
Formation expenses20€76€0▼
Fixed assets21/28€565€282▼
Tangible fixed assets22/27€565€282▼
Furniture and vehicles24€565€282▼
Current assets29/58€130k€151k▲
Amounts receivable within one year40/41€15k€12k▼
Trade receivables40€15k€7k▼
Other amounts receivable41-€5k
Cash at bank and in hand54/58€115k€139k▲
Equity and liabilities
Total equity and liabilities10/49€130k€151k▲
Equity10/15€98k€137k▲
Contributions10/11€4k€4k=
Reserves13€94k€133k▲
Distributable reserves133€94k€133k▲
Amounts payable17/49€32k€14k▼
Amounts payable within one year42/48€32k€14k▼
Trade debts44€21k€2k▼
Suppliers440/4€21k€2k▼
Taxes, remuneration and social security45€9k€9k▲
Taxes450/3€9k€9k▲
Other amounts payable47/48€3k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k€250▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€282€359▲
Other operating charges640/8€613€628▲
Gross operating margin9900€66k€47k▼
Operating profit (loss)9901€63k€45k▼
Financial income75/76B€2€5▲
Recurring financial income75€2€5▲
Financial charges65/66B€66€57▼
Recurring financial charges65€66€57▼
Profit (loss) for the period before taxes9903€63k€45k▼
Income taxes67/77€18k€6k▼
Profit (loss) for the period9904€46k€39k▼
Profit (loss) for the period to be appropriated9905€46k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€39k▼
Transfer to equity691/2€46k€39k▼
To other reserves6921€46k€39k▼
The notes to these accounts (12 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 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 10.57
Current ratio from 4.00 to 10.57; short-term debt falls from €32k to €14k.
31-12
Financial
Equity above €100kEq €137k ▲39.9%
3 profitable years in a row build equity to €137k.
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €49k
Net result €49k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-939
Net result drops to €-939, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zonnebeke · 1 establishment unit since 2020
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.
Lange Dreve 118980 ZonnebekeGround area
5,874 m²
Building footprint
237 m²
Volume, LiDAR
991 m³
Parcel 33037C0136/00D003, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
POLYGONWOOD
since 20202.308.663.544
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33037C0136/00D003 | Flanders | 5,874 m² | 1 · 237 m² | 7.0 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 648 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 648 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,392 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2020
Fiscal year end31-12
Activities, NACEBEL
62900Other information technology and computer services
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.polygonwood.be
E-mail:info@polygonwood.be