Polymation
ActiveSummary
Polymation has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€87,512) and a net result of -€4,060. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 5% of 7794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth53=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.53 against 0.72 in 2024; short-term debt: 188.7% and cash: 15.2% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Return on assets
-48%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€87,512
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-09-2026, 43 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
43 d late
2024
18 d late
2023
30 d late
2022
25 d late
2021
11 d early
2020
47 d late
2019
119 d 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 39 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€18,450▲ 83.4%
2021 · €10,057
EBIT margin
3.8%▲ 16.9pp
2021 · -13.1%
Net result
-€4,060▲ 10.8%
2024 · -€4,552
Working capital
-€7,512▼ 118%
2024 · -€3,452
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€10,057▼ 3.7%€18,450▲ 83.4%
Operating result-€1,314€710-€862-€4,477▼ 419%-€3,865▲ 13.7%
Net result-€1,354€665-€551-€4,552▼ 725%-€4,060▲ 10.8%
EBIT margin-13.1%▼ 60.9pp3.8%▲ 16.9pp
Equity-€79,014▼ 1.7%-€78,349▲ 0.8%-€78,901▼ 0.7%-€83,452▼ 5.8%-€87,512▼ 4.9%
Total assets€4,908▲ 7.9%€4,256▼ 13.3%€8,100▲ 90.3%€8,667▲ 7.0%€8,465▼ 2.3%
Debt€83,921▲ 2.1%€82,605▼ 1.6%€87,001▲ 5.3%€92,119▲ 5.9%€95,977▲ 4.2%
Working capital€986▼ 57.9%€1,651▲ 67.4%€1,099▼ 33.4%-€3,452-€7,512▼ 118%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,865 in 2025 against €4,477 in 2024; the loss shrinks.
Key figures and ratios
Current ratio
0.53▼
2024 · 0.72
Debt to equity
-1.10▲
2024 · -1.10
ROA
-48.0%▲
2024 · -52.5%
Debt ≤ 1 year
€15,977▲
2024 · €12,119
Debt > 1 year
€80,000=
2024 · €80,000
Staff costs
€30,348▼
2024 · €31,245
A ratio outside any meaningful range has been withheld (balance sheet total €8,465, equity -€87,512).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €10,057 | €18,450 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €561 | €295 | - | - | - | - |
| Remuneration, social security and pensions62 | €10,323 | €18,526 | €23,852 | €31,245 | €30,348 | ▼ 2.9% |
| Other operating charges640/8 | €497 | €410 | €446 | €387 | €462 | ▲ 19.2% |
| Gross operating margin9900 | €9,507 | €19,645 | €23,437 | €27,155 | €26,944 | ▼ 0.8% |
| Operating profit (loss)9901 | -€1,314 | €710 | -€862 | -€4,477 | -€3,865 | ▲ 13.7% |
| Financial income75/76B | €4 | - | €355 | €0 | - | - |
| Recurring financial income75 | €4 | - | €355 | €0 | - | - |
| Financial charges65/66B | €45 | €45 | €45 | €75 | €195 | ▲ 159% |
| Recurring financial charges65 | €45 | €45 | €45 | €75 | €195 | ▲ 159% |
| Profit (loss) for the period before taxes9903 | -€1,354 | €665 | -€551 | -€4,552 | -€4,060 | ▲ 10.8% |
| Profit (loss) for the period9904 | -€1,354 | €665 | -€551 | -€4,552 | -€4,060 | ▲ 10.8% |
| Profit (loss) for the period to be appropriated9905 | -€1,354 | €665 | -€551 | -€4,552 | -€4,060 | ▲ 10.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,908 | €4,256 | €8,100 | €8,667 | €8,465 | ▼ 2.3% |
| Current assets29/58 | €4,908 | €4,256 | €8,100 | €8,667 | €8,465 | ▼ 2.3% |
| Amounts receivable within one year40/41 | €4,285 | €3,057 | €6,135 | €6,294 | €6,294 | = |
| Trade receivables40 | €4,285 | €3,057 | €5,070 | €5,070 | €5,070 | = |
| Other amounts receivable41 | - | - | €1,065 | €1,224 | €1,224 | = |
| Cash at bank and in hand54/58 | €623 | €967 | €1,966 | €1,495 | €1,283 | ▼ 14.2% |
| Deferred charges and accrued income490/1 | - | €232 | - | €878 | €888 | ▲ 1.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,908 | €4,256 | €8,100 | €8,667 | €8,465 | ▼ 2.3% |
| Equity10/15 | -€79,014 | -€78,349 | -€78,901 | -€83,452 | -€87,512 | ▼ 4.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €19,300 | €19,300 | = |
| Capital10 | €18,600 | €18,600 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Outside capital11 | - | - | €18,600 | - | - | - |
| Other1109/19 | - | - | €18,600 | - | - | - |
| Reserves13 | €755 | €755 | €755 | €55 | €55 | = |
| Non-distributable reserves130/1 | €700 | €700 | - | - | €55 | - |
| Legal reserve130 | €700 | €700 | - | - | - | - |
| Other1319 | - | - | - | - | €55 | - |
| Distributable reserves133 | €55 | €55 | €755 | €55 | - | - |
| Profit (loss) carried forward14 | -€98,369 | -€97,704 | -€98,256 | -€102,808 | -€106,868 | ▼ 3.9% |
| Amounts payable17/49 | €83,921 | €82,605 | €87,001 | €92,119 | €95,977 | ▲ 4.2% |
| Amounts payable after more than one year17 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Other amounts payable178/9 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Amounts payable within one year42/48 | €3,921 | €2,605 | €7,001 | €12,119 | €15,977 | ▲ 31.8% |
| Trade debts44 | €0 | €0 | - | €165 | €1,636 | ▲ 891% |
| Suppliers440/4 | - | - | - | €165 | €1,636 | ▲ 891% |
| Taxes, remuneration and social security45 | €2,213 | €897 | €4,358 | €9,311 | €6,165 | ▼ 33.8% |
| Taxes450/3 | €1,539 | €897 | €3,042 | €4,959 | €1,704 | ▼ 65.6% |
| Remuneration and social security454/9 | €675 | - | €1,316 | €4,353 | €4,462 | ▲ 2.5% |
| Other amounts payable47/48 | €1,708 | €1,708 | €2,643 | €2,643 | €8,176 | ▲ 209% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,354 | €665 | -€551 | -€4,552 | -€4,060 | ▲ 10.8% |
| Operating cash flow (approximation) | -€1,354 | €665 | -€551 | -€4,552 | -€4,060 | ▲ 10.8% |
| Change in cash | - | €344 | €999 | -€471 | -€212 | ▲ 55.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 43 days late
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Back to profitnet €665
Net result €665 after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
31-12
Financial
Back to profitnet €4,946
Net result €4,946 after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 2.06
Current ratio from 0.32 to 2.06; short-term debt falls from €3,847 to €2,210.
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial
Weakest financial yearnet -€5,990
Net result drops to -€5,990, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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, Leopoldsburg · 1 establishment unit since 2003
Ground area
115 m²
Building footprint
109 m²
Volume, LiDAR
1,256 m³
Parcel 71034A0704/00A000, Flanders · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Polymation
since 20032.168.616.726
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A0704/00A000 | Flanders | 115 m² | 1 · 109 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
I & L Consult
BE 0423.782.805
Leopoldsburg
Join Support
BE 0801.374.012
Leopoldsburg
SUPER - KART
BE 0432.771.537
Leopoldsburg
TOPO HR Consulting
BE 0800.431.726
Leopoldsburg
ABACUS
BE 0430.809.662
Hechtel-Eksel
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,219 companies in sector 82100 we hold annual accounts for 3,509. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2003
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.