POLYGRAPH'
ActivePOLYGRAPH' has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €581k and a net result of €-62k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 52% of 1099 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-1
Solvency74▼-15
Growth68=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.52 in 2023), and 53.9% of the assets are financed with debt.
Credit advice for your own amount and term
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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
46.1%
Return on assets
-4.9%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d late
2023
181 d late
2022
13 d late
2021
38 d early
2020
2 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.13M▲ 225%
2021 · €348k
2019: €394k
2020: €258k
2021: €348k
2019 → 2022
EBIT margin
61.5%▲ 47.0pp
2021 · 14.5%
2019: 22.8%
2020: 10.7%
2021: 14.5%
2019 → 2022
Net result
€-62k
2023 · €2k
2018: €68k
2019: €42k
2020: €28k
2021: €26k
2022: €450k
2023: €2k
2018 → 2024
Working capital
€17k▼ 92.5%
2023 · €222k
2018: €283k
2019: €305k
2020: €333k
2021: €321k
2022: €1.13M
2023: €222k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€258k-€348k▲ 34.7%€1.13M▲ 225%
Equity€472k-€498k▲ 5.4%€947k▲ 90.3%€950k▲ 0.2%€581k▼ 38.8%
Operating result€28k-€50k▲ 82.7%€695k▲ 1,280%€12k▼ 98.3%€-77k
Net result€28k-€26k▼ 7.0%€450k▲ 1,617%€2k▼ 99.5%€-62k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €77k after €12k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.26M
Fixed assets
€812k▼ 16.0%
Current assets
€448k▼ 30.6%
Equity and liabilities €1.26M
Equity
€581k▼ 38.8%
Provisions
€238k=
Debt
€441k▲ 3.7%
The debt ratio rises from 26.4% to 35.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-18k▼
2023 · €58k
Cash flow
€-3k▼
2023 · €49k
Solvency
46.1%▼
2023 · 58.9%
Current ratio
1.04▼
2023 · 1.52
Quick ratio
1.04▼
2023 · 1.52
Debt / equity
0.76▲
2023 · 0.45
ROE
-10.6%▼
2023 · 0.2%
ROA
-4.9%▼
2023 · 0.1%
Interest coverage
-19.31▼
2023 · 16.30
Debt
€441k▲
2023 · €425k
Debt ≤ 1 year
€431k▲
2023 · €424k
Debt > 1 year
€10k
Income taxes
€228▼
2023 · €7k
Staff costs
€69k▼
2023 · €77k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.61M€1.26M▼
Fixed assets21/28€967k€812k▼
Tangible fixed assets22/27€954k€807k▼
Land and buildings22-€738k
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€92k€65k▼
Assets under construction and advance payments27€860k-
Financial fixed assets28€13k€5k▼
Current assets29/58€646k€448k▼
Amounts receivable within one year40/41€545k€373k▼
Trade receivables40€219k€153k▼
Other amounts receivable41€326k€219k▼
Cash at bank and in hand54/58€101k€73k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.26M▼
Equity10/15€950k€581k▼
Contributions10/11€6k€6k=
Reserves13€543k€560k▲
Tax-exempt reserves132€504k€504k=
Distributable reserves133€39k€56k▲
Profit (loss) carried forward14€385k€0▼
Investment grants15€15k€15k=
Provisions and deferred taxes16€238k€238k=
Deferred taxes168€238k€238k=
Amounts payable17/49€425k€441k▲
Amounts payable after more than one year17-€10k
Financial debts170/4-€10k
Amounts payable within one year42/48€424k€431k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€257k€50k▼
Suppliers440/4€257k€50k▼
Advances received on contracts in progress46€3k€3k=
Taxes, remuneration and social security45€164k€65k▼
Taxes450/3€156k€28k▼
Remuneration and social security454/9€7k€37k▲
Other amounts payable47/48-€307k
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€77k€69k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€59k▲
Other operating charges640/8€6k€4k▼
Gross operating margin9900€141k€55k▼
Operating profit (loss)9901€12k€-77k▼
Financial income75/76B€869€17k▲
Recurring financial income75€869€14k▲
Non-recurring financial income76B-€2k
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€933▼
Non-recurring financial charges66B-€220
Profit (loss) for the period before taxes9903€9k€-62k▼
Income taxes67/77€7k€228▼
Profit (loss) for the period9904€2k€-62k▼
Profit (loss) for the period to be appropriated9905€2k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€385k€323k▼
Profit (loss) brought forward from the previous period14P€383k€385k▲
Transfer to equity691/2-€17k
To other reserves6921-€17k
Profit to be distributed694/7-€307k
Return on contributions (dividend)694-€307k
Social balance
Average headcount (FTE)90870.50.9▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 181 days late
2024
31-12
Financial
Weakest financial yearnet €-62k ▼2953%
Net result drops to €-62k, the lowest in the series.
2023
13-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 13 days late
2022
31-12
Financial
Highest result since 2018net €450k ▲1617%
Operating result €695k, net result €450k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 13.17
Current ratio from 4.11 to 13.17; short-term debt falls from €103k to €93k.
31-12
Financial
Equity above €500kEq €947k ▲90.3%
5 profitable years in a row build equity to €947k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 212 days late
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 319 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Wavre · 1 establishment unit since 1999
Ground area
1,052 m²
Building footprint
120 m²
Volume, LiDAR
663 m³
Parcel 25772I0253/00B000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
POLYGRAPH'
since 19992.074.251.067
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772I0253/00B000 | Wallonia | 1,052 m² | 1 · 120 m² | 7.3 m · 2 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 9,807 companies in sector 73110 we hold annual accounts for 3,724. 2,030 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-1995
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.