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Polyolefin Circular Economy Platform

Active
Int'l non-profit associationfounded 2019active for 7 yearsMarnixlaan 30, 1000 Brussel, BelgiumKBO/BCE: BE 0737.397.463
Summary

The annual accounts of Polyolefin Circular Economy Platform for financial year 2025 show a net loss of 102% of total assets. The 2025 annual accounts show equity of €174,738 and a net result of -€198,228. Equity has been stable since 2020 (±2.5% per year). Its solvency ranks better than 80% of 497 sector peers (NACE 94, financial year 2025). The association has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low).

Polyolefin Circular Economy PlatformActiveChecked score 56/100

Overview

Official details

Source: KBO
Status
Active since 20-10-2019 Normal situation
Registered office
33 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Activities of membership organisations NACE 94994and 1 other
Joint committee
337 Aanvullend Paritair Comité voor de non-profitsector · annual accounts 2021
Establishment unit
2.298.658.191 1040 Etterbeek, since 20-10-2019
Financial year end
31 December
Peppol
Reachable since 24-09-2025

Board and ownership

Board
  • Alpla Werke Alwin Lehner GmbH & Co KGChair
  • ALPLAChair · permanent representative Volker Gloeckner
  • IANUSDaily manager · permanent representative SELVA Luca
and 10 others

Financial position

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
-€196,995
Deficit
€198,228
Equity
€174,738
Total assets
€194,632
Staff
≈ 0 FTE
estimated
  • 2025 accounts filed 27 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €198,228 (financial year 2025)lowers riskLegal form: int'l non-profit associationSector: Activities of membership organisations (NACE 94)Liquidity: current ratio 10.12, cash €172,406Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 59% of micro companies in membership organisations (NACE 94)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 100+4
equity 89.8% of total assets
Liquidity 100+10
short-term debt 9.9% · cash 88.6%
Profitability 0-100
return on assets -101.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,221 companies, NACE 94, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 0.3%▼ -0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: < 0.1%▼ -0.3 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.2%▲ +0.2 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €9,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 10.12 (3.83 in 2023), above the usual 1.5. Short-term debt is 9.9% and cash 88.6% of total assets. 10.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 94, micro). It does better than 79% of them on solvency, 92% on liquidity and 5% on profitability.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Legal form: int'l non-profit association
KBO
lowers risk · Sector: Activities of membership organisations (NACE 94)
KBO
lowers risk · Liquidity: current ratio 10.12, cash €172,406
NBB · annual accounts
raises risk · Loss of €198,228 (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
27 days late
2023
455 days late
2022
5 days early
2021
64 days late
2020
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 102 days after the deadline. In the sector (NACE 94), the median for financial year 2023 was 28 days before the deadline, and 28% of those companies filed 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 27 August (4 of the last 5 accounts filed within 59 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 95% of companies in membership organisationssector median €4,693 · 496 companies -€198,228 View
  • Board changedlatest change 09-04-2026 · 12 in office 5 joined · 7 left View

Recent changes

  1. · Gazette deed 2 directors appointed, 6 directors resigningResignations: VERSALIS, Repsol Quimica, SA and 4 others · Permanent representatives: MAIOCCHI Martina, GINER REY Pablo and 7 others · Appointments: Interzero Material Supplies, GmbH (director) and IANUS (délégué à la gestion journalière, secrétaire général)
  2. · Gazette deed 4 directors appointed, 7 directors resigningPermanent representatives: Lucie Charbonnel, Adrian Popa and 9 others · Resignations: Braskem, Paolo Bochicchio and 5 others · Appointments: ALPLA, Van Werven and 2 others
  3. · Gazette deed Registered office moved from Elsene to BrusselsNew seat: Avenue Marnix 30 Bte 14 à 1000 Bruxelles · Previous seat: Avenue de la Toison d'Or 22 Bte 1, 1050 Ixelles
All 16 events

Comparable companies

These companies have the same main activity as Polyolefin Circular Economy Platform: activities of membership organisations (NACE 94994). They are comparable in size and age: total assets between €49,900 and €1.6m, founded between 2000 and 2024.

CompanyTotal assetsGross margin
Polyolefin Circular Economy Platform Brussel€0.2m-€0.2m
European Chapter of the Society for Ecological Restoration (SER) International Brussel€0.2m-€0.03m
ONDERNEMERS ZONDER GRENZEN Lier€0.7m-€0.2m
The Circular Value Institute Kortrijk€0.05m€0.002m
EUROPEAN RENWABLE ENERGIES FEDERATION - FEDERATION EUROPEENNE DES ENERGIES RENOUVELABLES Brussel€0.3m€0.006m
BUILDINGS PERFORMANCE INSTITUTE EUROPE Brussel€1.6m-
European Energy Award Elsene€0.3m€0.02m
Full comparison

Key facts about Polyolefin Circular Economy Platform

What is the company number of Polyolefin Circular Economy Platform?
The company number of Polyolefin Circular Economy Platform is 0737.397.463. The VAT number is the same number with BE in front: BE 0737.397.463.
Where is Polyolefin Circular Economy Platform based?
The registered office is at Marnixlaan 30, 1000 Brussel.Company details
What does Polyolefin Circular Economy Platform do?
According to the KBO register, the main activity is activities of membership organisations (NACE 94994).
What is the legal form of Polyolefin Circular Economy Platform?
The legal form of Polyolefin Circular Economy Platform is Int'l non-profit association (IVZW).
When was Polyolefin Circular Economy Platform founded?
Polyolefin Circular Economy Platform was founded on 20-10-2019.
Is Polyolefin Circular Economy Platform still active?
Yes, Polyolefin Circular Economy Platform is an active enterprise in the KBO register.
How many employees does Polyolefin Circular Economy Platform have?
Polyolefin Circular Economy Platform had an average of 0.8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
Which joint committee does Polyolefin Circular Economy Platform fall under?
In its 2021 annual accounts, Polyolefin Circular Economy Platform states joint committee 337 (Aanvullend Paritair Comité voor de non-profitsector).
What is the turnover of Polyolefin Circular Economy Platform?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2022 turnover was €0.
Is Polyolefin Circular Economy Platform profitable?
In financial year 2025, Polyolefin Circular Economy Platform made a loss of €198,228.
Where can I find the annual accounts of Polyolefin Circular Economy Platform?
Polyolefin Circular Economy Platform filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Polyolefin Circular Economy Platform due?
Polyolefin Circular Economy Platform must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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