The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 8,609 companies had the same profile as Polymorf has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Small
20 years or older
solvency 30% or more
a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,609 companies, not a prediction for Polymorf. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0403844553
Registered office moved within Asse
New registered office: Hoogstraat 40, 1730 Asse · Previous registered office: Brusselsesteenweg 310, 1730 Asse · Appointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (managing director) · General meeting of 01-09-2025 · Gazette deed
Amendment of the articles
General meeting of 17-09-2024 · Gazette deed
Capital increase of €700,000 to €1,624,501.13
Capital from €924,501.13 to €1,624,501.13 · General meeting of 25-02-2020 · Gazette deed
The company number of Polymorf is 0403.844.553. The VAT number is the same number with BE in front: BE 0403.844.553.
Where is Polymorf based?
The registered office is at Hoogstraat 40, 1730 Asse.Company details
What is the legal form of Polymorf?
Polymorf is a public limited company (NV).
When was Polymorf founded?
Polymorf was founded on 12-09-1968.
Is Polymorf still active?
Yes, Polymorf is an active enterprise in the KBO register.
Which joint committee does Polymorf fall under?
In its 2022 annual accounts, Polymorf states joint committees 116 (Chemical industry) and 207 (White-collar workers in the chemical industry).
What is the turnover of Polymorf?
The turnover in financial year 2025 is ≈ €77,000. This figure is estimated from the gross margin of €11,396 and 2,729 comparable companies of the same size. It probably lies between €32,000 and €190,000. It is a rough estimate.Financials
Is Polymorf profitable?
In financial year 2025, Polymorf made a loss of €148,789.
Where can I find the annual accounts of Polymorf?
Polymorf filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Polymorf due?
Polymorf must file the annual accounts for financial year 2026 by 31-07-2027.Timeline