POLYMECA MARINE
ActiveSummary
POLYMECA MARINE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106k and a net result of €14k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 74% of 1309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+8
Solvency92▲+5
Growth68▲+17
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.17 against 2.84 in 2024; short-term debt: 26.3% and cash: 7.4% of total assets), and 32.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← 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
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
67.2%
Return on assets
9.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 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
6 d late
2024
46 d late
2023
77 d late
2022
64 d late
2021
71 d late
2020
39 d late
2019
119 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€112k▼ 15.5%
2020 · €132k
2018: €98k
2019: €111k
2020: €132k
2018 → 2021
EBIT margin
7.4%▼ 10.6pp
2020 · 18.0%
2018: 13.3%
2019: 13.4%
2020: 18.0%
2018 → 2021
Net result
€14k▲ 335%
2024 · €3k
2018: €9k
2019: €11k
2020: €19k
2021: €5k
2022: €23k
2023: €27k
2024: €3k
2018 → 2025
Working capital
€90k▲ 17.4%
2024 · €77k
2018: €26k
2019: €43k
2020: €53k
2021: €46k
2022: €62k
2023: €83k
2024: €77k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€112k-
Equity€66k-€75k▲ 14.0%€88k▲ 18.3%€92k▲ 3.7%€106k▲ 15.6%
Operating result€8k-€31k▲ 271%€39k▲ 27.1%€6k▼ 85.2%€21k▲ 274%
Net result€5k-€23k▲ 365%€27k▲ 16.9%€3k▼ 88.0%€14k▲ 335%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 274% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158k
Fixed assets
€26k ▼ 14.1%
Current assets
€131k ▲ 11.2%
Equity and liabilities €158k
Equity
€106k ▲ 15.6%
Debt
€52k ▼ 9.3%
Debt's share of the balance-sheet total falls from 38.3% to 32.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▲
2024 · €15k
Cash flow
€26k▲
2024 · €12k
Current ratio
3.17▲
2024 · 2.84
Quick ratio
2.84▲
2024 · 2.51
Debt to equity
0.49▼
2024 · 0.62
ROE
13.5%▲
2024 · 3.6%
ROA
9.1%▲
2024 · 2.2%
Interest coverage
18.02▲
2024 · 9.30
Debt ≤ 1 year
€41k▼
2024 · €42k
Debt > 1 year
€10k▼
2024 · €15k
Income taxes
€6k▲
2024 · €1k
Staff costs
€1k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€149k€158k▲
Fixed assets21/28€30k€26k▼
Tangible fixed assets22/27€30k€26k▼
Plant, machinery and equipment23€6k€11k▲
Furniture and vehicles24€25k€15k▼
Current assets29/58€118k€131k▲
Stocks and contracts in progress3€14k€14k=
Contracts in progress37€14k€14k=
Amounts receivable within one year40/41€82k€105k▲
Trade receivables40€78k€101k▲
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€16k€12k▼
Deferred charges and accrued income490/1€6k€901▼
Equity and liabilities
Total equity and liabilities10/49€149k€158k▲
Equity10/15€92k€106k▲
Contributions10/11€6k€6k=
Reserves13€16k€30k▲
Distributable reserves133€16k€30k▲
Profit (loss) carried forward14€70k€70k=
Amounts payable17/49€57k€52k▼
Amounts payable after more than one year17€15k€10k▼
Financial debts170/4€15k€10k▼
Amounts payable within one year42/48€42k€41k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€26k€26k▼
Suppliers440/4€26k€26k▼
Advances received on contracts in progress46€6k€2k▼
Taxes, remuneration and social security45€5k€8k▲
Taxes450/3€5k€8k▲
Remuneration and social security454/9€44-
Other amounts payable47/48€8€8=
Income statement
Code20242025
Remuneration, social security and pensions62€1k€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€18k€36k▲
Operating profit (loss)9901€6k€21k▲
Financial income75/76B€97€202▲
Recurring financial income75€97€202▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€4k€20k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€3k€14k▲
Profit (loss) for the period to be appropriated9905€3k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€84k▲
Profit (loss) brought forward from the previous period14P€67k€70k▲
Transfer to equity691/2-€14k
To other reserves6921-€14k
The notes to these accounts (8 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Equity above €100kEq €106k ▲15.6%
8 profitable years in a row build equity to €106k.
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
31-12
Financial
Weakest financial yearnet €3k ▼88%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 77 days late
2023
31-12
Financial
Highest result since 2018net €27k ▲16.9%
Operating result €39k, net result €27k, both a record.
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 42 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 52 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Saint-Ghislain · 1 establishment unit since 2009
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.
Rive Gauche du Canal Nimy-Blaton 107334 Saint-GhislainGround area
3,181 m²
Building footprint
750 m²
Volume, LiDAR
3,453 m³
Parcel 53036B0368/00R000, Wallonia · tallest building 5.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rive Gauche du Canal Nimy-Blaton 10B, 7334 Saint-Ghislain
since 20092.184.530.664
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53036B0368/00R000 | Wallonia | 3,181 m² | 1 · 750 m² | 5.5 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.
Similar companies · same sector, comparable size
A & A Services
BE 0633.623.596
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Cobalt Blue
BE 0477.012.940
Brecht · Eq €105,587
J & R
BE 0863.120.846
Lommel · Eq €106,506
LUIGIBOATS
BE 0688.673.175
Stabroek · Eq €106,559
ECOBOAT 4 YOU
BE 0707.871.752
Dison · Eq €108,154
Of 298 companies in sector 33150 we hold annual accounts for 159. 116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
33150Repair, maintenance and installation of machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.