POLYP
ActiveSummary
POLYP has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €486,432 and a net result of €99,937. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 89% of 2,859 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- 1 FTE
- Equity
- €486,432
- Profit
- €99,937
- Parent
- Pailhe-Dotremont · 100%
- Pailhe-DotremontDirector · permanent representative PAILHE Jonathan
Why 97raises riskLast filed accounts filed 30 days late; 1 of the last 3 latelowers riskFounded in 1987Liquidity: current ratio 5.50, cash €84,817Equity €486,432 (81.9% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 93, micro): better than 92% on solvency, 69% on liquidity, 80% on profitability and 74% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 7 accounts on average 48 days after the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €99,937 ▲88.8%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (30 days) Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00470601.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 108% above 2024 and is the highest 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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% | 0.9% |
| 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 31,368 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €11,913 | €59,493 | €30,872 | €26,462 | €37,422 | ▲ 41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,322 | €14,102 | €15,251 | €11,525 | €10,925 | €5,505 | €5,648 | €6,613 | ▲ 17.1% |
| Other operating charges640/8 | - | - | - | €265 | €0 | €2,276 | €291 | €5,998 | ▲ 21× |
| Gross operating margin9900 | €63,083 | €76,018 | €13,326 | €105,121 | €96,343 | €111,797 | €97,050 | €184,276 | ▲ 89.9% |
| Operating profit (loss)9901 | €31,425 | €51,022 | -€12,721 | €81,417 | €25,924 | €73,145 | €64,650 | €134,243 | ▲ 108% |
| Recurring financial income75 | €1 | - | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €1,054 | €1,166 | €545 | €1,010 | €2,129 | ▲ 111% |
| Recurring financial charges65 | €857 | €1,062 | €893 | €1,054 | €1,166 | €545 | €1,010 | €2,129 | ▲ 111% |
| Profit (loss) for the period before taxes9903 | €30,569 | €49,960 | -€13,614 | €80,363 | €24,758 | €72,600 | €63,640 | €132,113 | ▲ 108% |
| Income taxes67/77 | €6,714 | €14,318 | €33 | €4,935 | €8,351 | €28,575 | €10,700 | €32,177 | ▲ 201% |
| Profit (loss) for the period9904 | €23,855 | €35,642 | -€13,647 | €75,427 | €16,407 | €44,025 | €52,940 | €99,937 | ▲ 88.8% |
| Profit (loss) for the period to be appropriated9905 | €8,855 | €35,642 | -€13,647 | €75,427 | €16,407 | €44,025 | €52,940 | €99,937 | ▲ 88.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €219,919 | €286,344 | €351,182 | €358,187 | €425,965 | €418,552 | €483,416 | €593,706 | ▲ 22.8% |
| Formation expenses20 | - | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €48,568 | €36,241 | €30,280 | €21,183 | €11,534 | €14,414 | €18,192 | €31,809 | ▲ 74.9% |
| Tangible fixed assets22/27 | €46,304 | €33,977 | €28,016 | €19,918 | €11,534 | €14,414 | €18,192 | €31,809 | ▲ 74.9% |
| Land and buildings22 | - | - | - | €0 | €0 | €0 | €0 | €8,127 | - |
| Plant, machinery and equipment23 | - | - | - | €10,473 | €9,889 | €13,115 | €17,157 | €11,737 | ▼ 31.6% |
| Furniture and vehicles24 | - | - | - | €9,445 | €1,645 | €1,299 | €1,035 | €11,945 | ▲ 12× |
| Financial fixed assets28 | €2,264 | €2,264 | €2,264 | €1,264 | €0 | - | - | - | - |
| Current assets29/58 | €171,351 | €250,103 | €320,902 | €337,004 | €414,431 | €404,138 | €465,224 | €561,898 | ▲ 20.8% |
| Amounts receivable within one year40/41 | €104,888 | €249,191 | €267,589 | €269,762 | €305,816 | €347,545 | €418,772 | €477,081 | ▲ 13.9% |
| Trade receivables40 | - | - | - | €20,033 | €7,197 | €921 | €414 | - | - |
| Other amounts receivable41 | - | - | - | €249,728 | €298,619 | €346,624 | €418,358 | €477,081 | ▲ 14.0% |
| Cash at bank and in hand54/58 | €65,551 | - | €52,401 | €67,243 | €108,614 | €56,593 | €46,453 | €84,817 | ▲ 82.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €219,919 | €286,344 | €351,182 | €358,187 | €425,965 | €418,552 | €483,416 | €593,706 | ▲ 22.8% |
| Equity10/15 | €175,601 | €211,243 | €197,596 | €273,023 | €289,430 | €333,455 | €386,495 | €486,432 | ▲ 25.9% |
| Contributions10/11 | €31,000 | €31,000 | - | €31,000 | €31,000 | €31,000 | €31,000 | €31,000 | = |
| Reserves13 | €22,401 | €22,401 | €22,401 | €22,401 | €22,401 | €81,401 | €130,401 | €227,401 | ▲ 74.4% |
| Non-distributable reserves130/1 | - | - | - | €3,100 | €3,100 | €3,100 | €3,100 | €3,100 | = |
| Reserves not available under the articles1311 | - | - | - | €3,100 | €3,100 | €3,100 | €3,100 | €3,100 | = |
| Tax-exempt reserves132 | - | - | - | €19,301 | €19,301 | €4,301 | €4,301 | €4,301 | = |
| Distributable reserves133 | - | - | - | - | - | €74,000 | €123,000 | €220,000 | ▲ 78.9% |
| Profit (loss) carried forward14 | €122,200 | €157,842 | €144,195 | €219,622 | €236,029 | €221,054 | €225,094 | €228,031 | ▲ 1.3% |
| Amounts payable17/49 | €44,318 | €75,101 | €153,586 | €85,164 | €136,534 | €85,096 | €96,921 | €107,274 | ▲ 10.7% |
| Amounts payable after more than one year17 | €17,300 | €15,433 | €15,433 | - | €86 | - | - | €5,135 | - |
| Financial debts170/4 | - | - | - | - | - | - | - | €5,135 | - |
| Other amounts payable178/9 | - | - | - | - | €86 | - | - | - | - |
| Amounts payable within one year42/48 | €24,275 | €57,131 | €135,616 | €84,707 | €136,448 | €85,096 | €96,921 | €102,140 | ▲ 5.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €27,501 | €17,666 | - | - | €9,919 | - |
| Financial debts43 | - | - | - | €2,513 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €2,513 | - | - | - | - | - |
| Trade debts44 | €9,168 | €9,710 | €26,945 | €20,501 | €76,568 | €12,828 | €23,728 | €9,286 | ▼ 60.9% |
| Suppliers440/4 | - | - | - | €20,501 | €76,568 | €12,828 | €23,728 | €9,286 | ▼ 60.9% |
| Taxes, remuneration and social security45 | - | - | - | €3,248 | €11,272 | €13,409 | €13,684 | €15,494 | ▲ 13.2% |
| Taxes450/3 | - | - | - | €324 | €466 | €9,303 | €9,757 | €12,414 | ▲ 27.2% |
| Remuneration and social security454/9 | - | - | - | €2,924 | €10,806 | €4,105 | €3,927 | €3,080 | ▼ 21.6% |
| Other amounts payable47/48 | - | - | - | €30,943 | €30,943 | €58,860 | €59,508 | €67,441 | ▲ 13.3% |
| Accrued charges and deferred income492/3 | - | - | - | €457 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,855 | €35,642 | -€13,647 | €75,427 | €16,407 | €44,025 | €52,940 | €99,937 | ▲ 88.8% |
| + Depreciation and write-downs630 | €12,322 | €14,102 | €15,251 | €11,525 | €10,925 | €5,505 | €5,648 | €6,613 | ▲ 17.1% |
| Operating cash flow (approximation) | €36,177 | €49,744 | €1,604 | €86,952 | €27,333 | €49,530 | €58,587 | €106,550 | ▲ 81.9% |
| Investment in fixed assets (approximation) | - | -€1,775 | -€9,290 | -€2,427 | -€1,277 | -€8,385 | -€9,425 | -€20,230 | ▼ 115% |
| Change in cash | - | - | - | €14,842 | €41,372 | -€52,022 | -€10,140 | €38,364 | - |
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 37 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-08-2026 | 2026-00470601 |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00482098 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00403882 |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00408810 |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20343931 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-58000159 |
| 31-12-2019 | micro format | 31-12-2020 | 2020-77800552 |
| 31-12-2018 | micro format | 27-09-2019 | 2019-66000495 |
| 31-12-2017 | micro format | 29-08-2018 | 2018-51700254 |
| 31-12-2016 | abbreviated format | 08-08-2017 | 2017-41500033 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Pailhe-Dotremont |
|
Owners and capital
Owners
1 ownerChain of control
- Pailhe-Dotremont
- POLYP
Highest known parent: Pailhe-Dotremont. The sources do not say who stands above it.
Owners 1
- Pailhe-Dotremontparent100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 23-07-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
23-07
Gazette deed
Resignation: PAILHE-DOTREMONT (manager)Appointment: PAILHE-DOTREMONT (director) · Permanent representative: PAILHE Jonathan · Amendment of the articles11 facts ▸
- General meeting, 25-04-2024
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in Dutch)
- Other provision, “suppression du compte de capitaux propres statutairement indisponible, suppression” (deed in Dutch)
- Capital
- Director resignation, PAILHE-DOTREMONT (manager)
- Director appointment, PAILHE-DOTREMONT (director (not named in the articles))
- Permanent representative, PAILHE Jonathan
- Director discharge, PAILHE-DOTREMONT
- Registered office clause, “1370 Jodoigne, rue de la Chapelle Stevenaert 151” (deed in Dutch)
- Power of attorney, Roel MONDELAERS
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25049C0094/00L000 | Wallonia | 5,517 m² | 1 · 116 m² | 7.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- POLYP
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d'administration” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITRE V. ASSEMBLEE GENERALE Article 17. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision assemblée générale formes modifications statuts” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateur(s) en fonction désignés liquidateur(s) si aucun autre désigné, désigner liquidateurs et déterminer pouvoirs et émoluments” (deed in Dutch)