Polymorf
ActiveSummary
Polymorf has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of -€148,789. Equity is growing by about 11% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Activity not known1 site
Size
€2.6mtotal assets 2025
- Equity
- €2.2m
- Loss
- -€148,789
Turnover not published (abbreviated or micro format)
Structure
- Victor Van LangenhoveDirector
- FIVICALManaging director · permanent representative Bart Heuninckx
Accounts 58 days early2 of 12 deeds read
Why 90raises risk1 change of registered office in 24 monthsLoss of €148,789, the second in a row (financial year 2025)lowers riskSize: total assets €2.6mEquity €2.2m (85.3% of total assets)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (no NACE code, small)
Financial strength · tick = 2024
Average
Solvency
100=
equity 85.3% of total assets
Liquidity
55-1
short-term debt 0.8% · cash 3.9%
Profitability
11-2
return on assets -5.8%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: 0.1%▲ +0.1 percentage points vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026highest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity ample (current ratio 15.42, compared with 95.07 in 2024, above the usual 1.5; short-term debt: 0.8% and cash: 3.9% of total assets), and 14.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 82% on solvency, 73% on liquidity, 4% on profitability and 21% on growth.
The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€148,789
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 days early
2024
65 days early
2023
54 days early
2022
52 days early
2021
52 days early
2020
53 days early
2019
49 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 55 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Appointments: Victor Van Langenhove (director) and…Permanent representative: Bart Heuninckx ·…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
Equity
€2.2m▼ 6.4%
2024 · €2.3m
Total assets
€2.6m▼ 5.9%
2024 · €2.7m
Net result
-€148,789▼ 9.6%
2024 · -€135,744
Working capital
€283,674▼ 50.3%
2024 · €571,110
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €178,722 in 2025 against €153,238 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.2m
2025
Net result-€0.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.6m
2025
Equity€2.2m
2025
Debt€0.03m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.004m-€0.1m▲ 2,840%-€0.3m€1.6m-€0.1m-€0.2m▼ 10.4%-€0.2m▲ 4.5%-€0.2m▼ 16.6%
Net result€0.002m-€0.07m▲ 3,094%-€0.3m€1.2m-€0.1m-€0.1m▼ 17.0%-€0.1m▼ 18.9%-€0.1m▼ 9.6%
Equity€0.3m-€1.1m▲ 340%€1.5m▲ 33.5%€2.7m▲ 78.4%€2.6m▼ 3.6%€2.5m▼ 4.4%€2.3m▼ 5.5%€2.2m▼ 6.4%
Total assets€0.3m-€1.2m▲ 288%€2.5m▲ 106%€3.1m▲ 26.1%€3.0m▼ 3.9%€2.9m▼ 4.6%€2.7m▼ 5.6%€2.6m▼ 5.9%
Debt€0.06m-€0.02m▼ 60.8%€0.9m▲ 4,173%€0.01m▼ 98.9%€0.01m▼ 6.0%€0.01m▲ 10.7%€0.01m▲ 2.4%€0.03m▲ 127%
Working capital-€0.02m-€0.6m-€0.8m€0.7m€0.6m▼ 4.6%€0.6m▼ 2.9%€0.6m▼ 8.2%€0.3m▼ 50.3%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.6m
Fixed assets
€2.3m ▲ 5.3%
Current assets
€303,340 ▼ 47.4%
Equity and liabilities €2.6m
Equity
€2.2m ▼ 6.4%
Provisions
€350,638 ▼ 6.6%
Debt
€25,130 ▲ 127%
Debt's share of the balance-sheet total rises from 0.4% to 1.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€14,100▲
2024 · -€29,178
Cash flow
€15,833▲
2024 · -€11,684
Current ratio
15.42▼
2024 · 95.07
Debt to equity
0.01▲
2024 · 0.00
ROE
-6.8%▼
2024 · -5.8%
ROA
-5.8%▼
2024 · -5.0%
Interest coverage
-18.97▼
2024 · -1.02
Debt ≤ 1 year
€19,666▲
2024 · €6,071
Debt > 1 year
€5,000=
2024 · €5,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94.2%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,617 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.07m | €0.3m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 32.7% |
| Other operating charges640/8 | - | - | - | €0.03m | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 6.2% |
| Gross operating margin9900 | €0.04m | €0.2m | €0.04m | €1.8m | -€0.003m | -€0.01m | -€0.005m | €0.01m | - |
| Operating profit (loss)9901 | €0.004m | €0.1m | -€0.3m | €1.6m | -€0.1m | -€0.2m | -€0.2m | -€0.2m | ▼ 16.6% |
| Financial income75/76B | - | - | - | €0.003m | €0.02m | €0.02m | €0.02m | €0.006m | ▼ 72.9% |
| Recurring financial income75 | - | €0.001m | €0.002m | €0.003m | €0.02m | €0.02m | €0.02m | €0.006m | ▼ 72.9% |
| Financial charges65/66B | - | - | - | €0.04m | €0.001m | €233 | €0.03m | €0.001m | ▼ 97.4% |
| Recurring financial charges65 | €0.002m | €0.001m | €0.04m | €0.04m | €0.001m | €233 | €0.03m | €0.001m | ▼ 97.4% |
| Profit (loss) for the period before taxes9903 | €0.003m | €0.1m | -€0.3m | €1.6m | -€0.1m | -€0.1m | -€0.2m | -€0.2m | ▼ 8.1% |
| Transfer from deferred taxes780 | - | - | - | €0.04m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Transfer to deferred taxes680 | - | - | - | €0.4m | - | - | - | - | - |
| Income taxes67/77 | €0.001m | - | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €0.002m | €0.07m | -€0.3m | €1.2m | -€0.1m | -€0.1m | -€0.1m | -€0.1m | ▼ 9.6% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.1m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Transfer to tax-exempt reserves689 | - | - | - | €1.3m | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.002m | -€0.1m | -€0.3m | -€0.004m | -€0.02m | -€0.04m | -€0.06m | -€0.07m | ▼ 21.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.3m | €1.2m | €2.5m | €3.1m | €3.0m | €2.9m | €2.7m | €2.6m | ▼ 5.9% |
| Fixed assets21/28 | €0.3m | €0.6m | €2.4m | €2.5m | €2.4m | €2.3m | €2.1m | €2.3m | ▲ 5.3% |
| Tangible fixed assets22/27 | €0.3m | €0.6m | €2.4m | €2.5m | €2.4m | €2.2m | €2.1m | €2.3m | ▲ 5.3% |
| Land and buildings22 | - | - | - | €2.5m | €2.4m | €2.2m | €2.1m | €2.3m | ▲ 5.3% |
| Furniture and vehicles24 | - | - | - | €0.001m | - | - | - | - | - |
| Financial fixed assets28 | €0.005m | €0.006m | €0.006m | €0.006m | €0.006m | €0.005m | €0 | - | - |
| Current assets29/58 | €0.03m | €0.6m | €0.1m | €0.7m | €0.6m | €0.6m | €0.6m | €0.3m | ▼ 47.4% |
| Stocks and contracts in progress3 | €0.01m | €0.01m | €0.01m | €0.03m | €0.02m | €0 | - | - | - |
| Stocks30/36 | - | - | - | €0.03m | €0.02m | €0 | - | - | - |
| Amounts receivable within one year40/41 | €0.001m | €0.03m | €0.03m | €0.5m | €0.5m | €0.4m | €0.002m | €0.002m | ▼ 10.6% |
| Trade receivables40 | - | - | - | €0.001m | €0.01m | €0.009m | €0 | - | - |
| Other amounts receivable41 | - | - | - | €0.5m | €0.5m | €0.4m | €0.002m | €0.002m | ▼ 10.6% |
| Current investments50/53 | - | - | - | - | - | €0.2m | €0.5m | €0.2m | ▼ 55.6% |
| Cash at bank and in hand54/58 | €0.01m | €0.6m | €0.07m | €0.2m | €0.1m | €0.08m | €0.1m | €0.1m | ▼ 18.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €0.001m | €0.001m | ▼ 16.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.3m | €1.2m | €2.5m | €3.1m | €3.0m | €2.9m | €2.7m | €2.6m | ▼ 5.9% |
| Equity10/15 | €0.3m | €1.1m | €1.5m | €2.7m | €2.6m | €2.5m | €2.3m | €2.2m | ▼ 6.4% |
| Contributions10/11 | €0.1m | €0.9m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Capital10 | - | - | - | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Issued capital100 | - | - | - | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Reserves13 | €0.1m | €0.3m | €0.3m | €1.5m | €1.4m | €1.3m | €1.3m | €1.1m | ▼ 15.4% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | - | - | - | €1.4m | €1.3m | €1.2m | €1.1m | €1.1m | ▼ 6.6% |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €0.002m | -€0.1m | -€0.4m | -€0.4m | -€0.4m | -€0.5m | -€0.5m | -€0.5m | ▲ 8.3% |
| Provisions and deferred taxes16 | - | €0.06m | €0.06m | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 6.6% |
| Deferred taxes168 | - | - | - | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 6.6% |
| Amounts payable17/49 | €0.06m | €0.02m | €0.9m | €0.01m | €0.01m | €0.01m | €0.01m | €0.03m | ▲ 127% |
| Amounts payable after more than one year17 | - | - | €0.02m | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Financial debts170/4 | - | - | - | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Amounts payable within one year42/48 | €0.06m | €0.02m | €0.9m | €0.005m | €0.005m | €0.006m | €0.006m | €0.02m | ▲ 224% |
| Trade debts44 | €0.02m | €0.02m | €0.001m | €0.001m | €0.001m | €0.003m | €0.003m | €0.02m | ▲ 520% |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | €0.003m | €0.003m | €0.02m | ▲ 520% |
| Advances received on contracts in progress46 | - | - | - | €0.002m | €0.003m | €0.002m | €0.003m | €0.003m | ▲ 1.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0.001m | €0 | €125 | €94 | ▼ 25.0% |
| Taxes450/3 | - | - | - | €0.002m | €0.001m | €0 | €125 | €94 | ▼ 25.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €464 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.002m | €0.07m | -€0.3m | €1.2m | -€0.1m | -€0.1m | -€0.1m | -€0.1m | ▼ 9.6% |
| + Depreciation and write-downs630 | €0.02m | €0.07m | €0.3m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 32.7% |
| Operating cash flow (approximation) | €0.02m | €0.1m | -€0.03m | €1.3m | €0.02m | €0.009m | -€0.01m | €0.02m | - |
| Investment in fixed assets (approximation) | - | -€0.3m | -€2.1m | -€0.2m | -€0.03m | -€0.003m | -€0.01m | -€0.3m | ▼ 1,868% |
| Change in cash | - | €0.6m | -€0.5m | €0.1m | -€0.04m | -€0.06m | €0.05m | -€0.02m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 03-06-2026 | 2026-00138078 |
| 31-12-2024 | abbreviated format | 27-05-2025 | 2025-00106882 |
| 31-12-2023 | abbreviated format | 07-06-2024 | 2024-00116972 |
| 31-12-2022 | micro format | 09-06-2023 | 2023-00115550 |
| 31-12-2021 | micro format | 09-06-2022 | 2022-20056043 |
| 31-12-2020 | micro format | 08-06-2021 | 2021-18100119 |
| 31-12-2019 | micro format | 12-06-2020 | 2020-17000321 |
| 31-12-2018 | micro format | 14-05-2019 | 2019-13300210 |
| 31-12-2017 | micro format | 29-05-2018 | 2018-14600156 |
| 31-12-2016 | abbreviated format | 20-06-2017 | 2017-19100436 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, 1 in day-to-day management, last change in 2025
Board 2
Victor Van Langenhove
CurrentDirector · since 01-09-2025
FIVICAL
CurrentDirector · Private limited company · permanent representative: Bart Heuninckx
Day-to-day management 1
FIVICAL
CurrentManaging director · since 01-09-2025 · Private limited company · permanent representative: Bart Heuninckx
Permanent representatives 1
Bart Heuninckx
CurrentPermanent representative · for FIVICAL
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
10 of this company's 12 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2025, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| FIVICAL |
|
| Victor Van Langenhove |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
04-12
Gazette deed
Appointments: Victor Van Langenhove (director) and FIVICAL BV (managing director)Permanent representative: Bart Heuninckx · Reappointment: FIVICAL BV (director) · Registered-office move11 facts ▸
Gazette deed
Appointments: Victor Van Langenhove (director) and FIVICAL BV (managing director)
Permanent representative: Bart Heuninckx · Reappointment: FIVICAL BV (director) · Registered-office move11 facts ▸
- Board meeting, 27-08-2025
- Registered-office move, Hoogstraat 40, 1730 Asse
- General meeting, 01-09-2025
- Director appointment, Victor Van Langenhove (director)
- Other provision, “no disqualifying measure, geen maatregel die zich tegen benoeming verzet” (deed in Dutch)
- Permanent representative, Bart Heuninckx
- Director reappointment, FIVICAL BV (director)
- Board meeting, 01-09-2025
- Director appointment, FIVICAL BV (managing director)
- Board composition, FIVICAL BV (managing director and director)
- Board composition, Victor Van Langenhove (director)
27-05
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
16-10
Gazette deed
MiscellaneousAmendment of the articles · Power of attorney5 facts ▸
Gazette deed
Miscellaneous
Amendment of the articles · Power of attorney5 facts ▸
- General meeting, 17-09-2024
- Amendment of the articles (2 times)
- Power of attorney
- Power of attorney, Brigitte Vermeersch
- Other provision, “analytisch uittreksel, administratieve doeleinden” (deed in Dutch)
07-06
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
2023
09-06
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
09-06
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial
Back to profitnet €1.2m
Net result €1.2m after one loss-making year.
31-12
Financial
Liquidity more than 976 timescurrent ratio 125.61
Current ratio from 0.13 to 125.61; short-term debt falls from €911,902 to €5,388.
31-12
Financial
Equity above €2mequity €2.7m ▲78.4%
Equity rises from €1.5m to €2.7m.
08-06
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial
Weakest financial yearnet -€322,514
Net result drops to -€322,514, the lowest in the series; recovery starts the following year.
Show earlier events
12-06
NBB filing
Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial
Liquidity more than 51 timescurrent ratio 29.73
Current ratio from 0.57 to 29.73; short-term debt falls from €55,367 to €21,808.
31-12
Financial
Equity above €1mequity €1.1m ▲340%
A profit in every financial year since 2018 builds equity to €1.1m.
14-05
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
29-05
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
20-06
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 49 annual accounts filed, the latest 10 are here; all 49 are under Financials.
2 of 12 deeds read
About the unread acts
Of the 12 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPublic limited company
Founded12-09-1968
Financial year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0403844553
Also
9925:BE0403844553
Registered
20-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 1998
Ground area
1,353 m²
Building footprint
201 m²
Building volume
1,025 m³
Parcel 23322C0244/00D000, Flanders · tallest building 8.5 m. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Polymorf
since 1998unit no. 2.005.107.190
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23322C0244/00D000 | Flanders | 1,353 m² | 1 · 201 m² | 8.5 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “bevoegd de rechtspersoon ten aanzien van derden le vertegenwoordigen : Naam en handtekening (dit geldt niet voor akten van het type…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuurd door raad van bestuur, 18” (deed in Dutch)