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POLYMER CONTRACTORS FELUY

Active
Public limited companyfounded 200026 yrs activeParc Industriel de Feluy -, 7181 Seneffe, BelgiumKBO/BCE: BE 0471.675.960

POLYMER CONTRACTORS FELUY has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €-32k. Equity is shrinking by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 649 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
33 / 100
Weak▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency7▼-4
Growth29=
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.78 against 0.96 in 2024), and 99.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€32k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 649 sector peers (2025).
NBB · sector comparison
Position among 649 sector peers
Solvency
better than 10%
← weakest strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
30 d early
2023
1 d early
2022
21 d late
2021
3 d late
2020
1 d early
2019
11 d late
← 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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€4.56M▼ 10.8%
2020 · €5.11M
2018: €5.04M 2019: €5.39M 2020: €5.11M
2018 → 2021
EBIT margin
-6.4%▼ 2.2pp
2020 · -4.2%
2018: 11.8% 2019: -2.6% 2020: -4.2%
2018 → 2021
Net result
€-32k▲ 22.8%
2024 · €-42k
2018: €1.00M 2019: €218k 2020: €76k 2021: €-60k 2022: €79k 2023: €-24k 2024: €-42k
2018 → 2025
Working capital
€-604k▼ 278%
2024 · €-160k
2018: €-1.93M 2019: €-1.22M 2020: €-705k 2021: €-654k 2022: €-311k 2023: €-195k 2024: €-160k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€4.56M-
Equity€127k-€207k▲ 62.3%€102k▼ 50.5%€61k▼ 40.6%€29k▼ 52.8%
Operating result€-293k-€-43k▲ 85.2%€-174k▼ 300%€-124k▲ 28.5%€-36k▲ 71.3%
Net result€-60k-€79k€-24k€-42k▼ 72.6%€-32k▲ 22.8%
Result per fiscal year
Operating resultNet result
€-300k€-200k€-100k€0€100kOperating result 2021: €-293k€-293kNet result 2021: €-60k€-60kOperating result 2022: €-43k€-43kNet result 2022: €79k€79kOperating result 2023: €-174k€-174kNet result 2023: €-24k€-24kOperating result 2024: €-124k€-124kNet result 2024: €-42k€-42kOperating result 2025: €-36k€-36kNet result 2025: €-32k€-32k20212022202320242025
The operating result stays negative: a loss of €36k in 2025 against €124k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.72M
Fixed assets €1.54M▲ 36.3%
Current assets €2.17M▼ 36.8%
Equity and liabilities €3.72M
Equity €29k▼ 52.8%
Provisions €912k=
Debt €2.78M▼ 22.8%
The debt ratio falls from 78.7% to 74.7%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€140k
2024 · €184k
Cash flow
€144k
2024 · €266k
Solvency
0.8%
2024 · 1.3%
Current ratio
0.78
2024 · 0.96
Quick ratio
0.78
2024 · 0.96
Debt / equity
96.76
2024 · 59.20
ROE
-111.9%
2024 · -68.4%
ROA
-0.9%
2024 · -0.9%
Interest coverage
90.91
2024 · 63.23
Debt
€2.78M
2024 · €3.60M
Debt ≤ 1 year
€2.78M
2024 · €3.60M
Income taxes
€15k
2024 · €3k
Staff costs
€1.71M
2024 · €1.72M
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€4.57M€3.72M
Fixed assets21/28€1.13M€1.54M
Tangible fixed assets22/27€1.13M€1.54M
Land and buildings22€783k€1.29M
Plant, machinery and equipment23€303k€220k
Furniture and vehicles24€47k€31k
Financial fixed assets28-€0
Current assets29/58€3.44M€2.17M
Amounts receivable within one year40/41€3.42M€2.16M
Trade receivables40€585k€1.42M
Other amounts receivable41€2.84M€743k
Cash at bank and in hand54/58€2k€982
Deferred charges and accrued income490/1€15k€9k
Equity and liabilities
Total equity and liabilities10/49€4.57M€3.72M
Equity10/15€61k€29k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€20k€20k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€14k€14k=
Profit (loss) carried forward14€-21k€-53k
Provisions and deferred taxes16€912k€912k=
Provisions for liabilities and charges160/5€912k€912k=
Major repairs and maintenance162€513k€513k=
Environmental obligations163€399k€399k=
Amounts payable17/49€3.60M€2.78M
Amounts payable within one year42/48€3.60M€2.78M
Current portion of amounts payable after more than one year42€1.79M-
Trade debts44€1.54M€2.45M
Suppliers440/4€1.54M€2.45M
Taxes, remuneration and social security45€275k€321k
Taxes450/3€24k€60k
Remuneration and social security454/9€251k€261k
Accrued charges and deferred income492/3€1k€382
Income statement Code20242025
Non-recurring operating income76A€14k€11k
Remuneration, social security and pensions62€1.72M€1.71M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€308k€176k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€187k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-85k-
Other operating charges640/8€155k€156k
Gross operating margin9900€1.97M€2.19M
Operating profit (loss)9901€-124k€-36k
Financial income75/76B€84k€20k
Recurring financial income75€84k€20k
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€-43k€-17k
Transfer from deferred taxes780€5k-
Income taxes67/77€3k€15k
Profit (loss) for the period9904€-42k€-32k
Transfer from tax-exempt reserves789€14k-
Profit (loss) for the period to be appropriated9905€-27k€-32k
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-53k
Profit (loss) brought forward from the previous period14P€6k€-21k
Social balance
Average headcount (FTE)908723.423.2

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
21-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 21 days late
2022
31-12
Financial Back to profitnet €79k
Net result €79k after one loss-making year.
31-12
Financial Equity above €200kEq €207k ▲62.3%
Equity rises from €127k to €207k.
03-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
31-12
Financial Weakest financial yearnet €-60k ▼179%
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
11-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 11 days late
2019
31-12
Financial Equity above €200kEq €409k ▲124%
2 profitable years in a row build equity to €409k.
05-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 5 days late
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
21 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, Seneffe · 1 establishment unit since 2000
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.

Parc Industriel de Feluy -7181 Seneffe
1 establishment unit
POLYMER CONTRACTORS FELUY
Parc Industriel de Feluy -, 7181 SeneffeWater transport
since 20002.094.107.957

Recognitions · licences · registrations

Legal Entity Identifier

549300570F8SKHUDJ654
live in the LEI register

Similar companies · same sector, comparable size

Of 1,029 companies in sector 52100 we hold annual accounts for 762. 243 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded12-04-2000
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
52249Warehousing and support activities for transportation
63112
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filings

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.