POLYPRAXIS
ActiveSummary
POLYPRAXIS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-11k) and a net result of €-2k. Equity is shrinking by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 7% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▲+52
Solvency0▼-2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 0.74 in 2024; short-term debt: 138.1% and cash: 7.2% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-38.1%
Return on assets
-6.3%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-11k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
1 d early
2023
1 d early
2022
on the day
2021
25 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-11k▼ 19.9%
2024 · €-9k
Total assets
€28k▼ 27.5%
2024 · €39k
Net result
€-2k▲ 41.8%
2024 · €-3k
Working capital
€-11k▲ 12.8%
2024 · €-12k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-9k€-2k▲ 77.1%€2k€-4k€-2k▲ 41.8%
Net result€-9k€-2k▲ 82.7%€3k€-3k€-2k▲ 41.8%
Equity€-7k€-9k▼ 20.9%€-6k▲ 34.4%€-9k▼ 52.1%€-11k▼ 19.9%
Total assets€42k▼ 29.5%€68k▲ 61.6%€54k▼ 20.5%€39k▼ 28.9%€28k▼ 27.5%
Debt€50k▼ 15.1%€77k▲ 55.6%€60k▼ 22.1%€47k▼ 21.1%€39k▼ 18.6%
Working capital€-7k€-19k▼ 157%€-12k▲ 33.8%€-12k▲ 2.4%€-11k▲ 12.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €4k in 2024; the loss shrinks.
Key figures and ratios
EBITDA
€1k▲
2024 · €-207
Cash flow
€2k▲
2024 · €297
Solvency
-38.1%▼
2024 · -23.0%
Current ratio
0.72▼
2024 · 0.74
Debt to equity
-3.63▲
2024 · -5.34
ROA
-6.3%▲
2024 · -7.9%
Interest coverage
12.32▲
2024 · -2.66
Debt ≤ 1 year
€39k▼
2024 · €47k
Income taxes
€0▼
2024 · €2
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €9 | €3k | €3k | €3k | ▼ 0.3% |
| Other operating charges640/8 | - | €182 | €408 | €1k | €382 | ▼ 74.0% |
| Gross operating margin9900 | €-8k | €-2k | €6k | €1k | €2k | ▲ 30.4% |
| Operating profit (loss)9901 | €-9k | €-2k | €2k | €-4k | €-2k | ▲ 41.8% |
| Financial income75/76B | - | €725 | €748 | €583 | €396 | ▼ 32.1% |
| Recurring financial income75 | €176 | €725 | €748 | €583 | €396 | ▼ 32.1% |
| Financial charges65/66B | - | €221 | €89 | €78 | €103 | ▲ 32.1% |
| Recurring financial charges65 | €107 | €221 | €89 | €78 | €103 | ▲ 32.1% |
| Profit (loss) for the period before taxes9903 | €-9k | €-2k | €3k | €-3k | €-2k | ▲ 41.7% |
| Income taxes67/77 | - | - | - | €2 | €0 | ▼ 72.5% |
| Profit (loss) for the period9904 | €-9k | €-2k | €3k | €-3k | €-2k | ▲ 41.8% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-2k | €3k | €-3k | €-2k | ▲ 41.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42k | €68k | €54k | €39k | €28k | ▼ 27.5% |
| Fixed assets21/28 | - | €10k | €7k | €3k | - | - |
| Tangible fixed assets22/27 | - | €10k | €7k | €3k | - | - |
| Furniture and vehicles24 | - | €10k | €7k | €3k | - | - |
| Current assets29/58 | €42k | €58k | €48k | €35k | €28k | ▼ 20.6% |
| Amounts receivable within one year40/41 | €22k | €52k | €40k | €30k | €26k | ▼ 14.7% |
| Trade receivables40 | - | €52k | €40k | €27k | €21k | ▼ 19.9% |
| Other amounts receivable41 | - | - | €933 | €4k | €5k | ▲ 20.3% |
| Cash at bank and in hand54/58 | €20k | €6k | €7k | €5k | €2k | ▼ 58.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42k | €68k | €54k | €39k | €28k | ▼ 27.5% |
| Equity10/15 | €-7k | €-9k | €-6k | €-9k | €-11k | ▼ 19.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | €19k | €19k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €72 | €72 | €72 | €72 | €72 | = |
| Non-distributable reserves130/1 | - | €72 | €72 | €72 | €72 | = |
| Legal reserve130 | - | €72 | €72 | €72 | €72 | = |
| Profit (loss) carried forward14 | €-26k | €-28k | €-25k | €-28k | €-29k | ▼ 6.4% |
| Amounts payable17/49 | €50k | €77k | €60k | €47k | €39k | ▼ 18.6% |
| Amounts payable within one year42/48 | €50k | €77k | €60k | €47k | €39k | ▼ 18.6% |
| Trade debts44 | €14k | €27k | €24k | €14k | €9k | ▼ 32.6% |
| Suppliers440/4 | - | €27k | €24k | €14k | €9k | ▼ 32.6% |
| Taxes, remuneration and social security45 | - | €967 | - | - | - | - |
| Taxes450/3 | - | €967 | - | - | - | - |
| Other amounts payable47/48 | - | €49k | €36k | €33k | €29k | ▼ 12.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-2k | €3k | €-3k | €-2k | ▲ 41.8% |
| + Depreciation and write-downs630 | - | €9 | €3k | €3k | €3k | ▼ 0.3% |
| Operating cash flow (approximation) | €-9k | €-2k | €6k | €297 | €2k | ▲ 423% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - | - |
| Change in cash | - | €-14k | €1k | €-2k | €-3k | ▼ 20.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
31-03
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Tournai · 1 establishment unit since 2000
Ground area
1,095 m²
Building footprint
164 m²
Volume, LiDAR
2,268 m³
Parcel 57081H0302/00D000, Wallonia · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Rue Cherequefosse(TOU) 6, 7500 Tournai
since 20002.098.065.359
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57081H0302/00D000 | Wallonia | 1,094 m² | 1 · 164 m² | 17.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 2,656 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-10-2000
Fiscal year end31-03
Activities, NACEBEL 2025
41001General construction of residential buildings
22240Manufacture of rubber and plastic products
25620Manufacture of fabricated metal products, except machinery and equipment
43120Site preparation
Scores and ratios are computed by Checked and are not a credit decision.