POLYPROTECH
ActivePOLYPROTECH has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €72k and a net result of €53k. Its solvency ranks better than 70% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+14
Growth78
Track record82
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 3.6 against 2.56 in 2023; short-term debt: 21.8% and cash: 25.9% of total assets), and 21.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€72k▲ 283%
2023 · €19k
2023: €19k
2023 → 2024
Total assets
€92k▲ 199%
2023 · €31k
2023: €31k
2023 → 2024
Net result
€53k▲ 217%
2023 · €17k
2023: €17k
2023 → 2024
Working capital
€52k▲ 178%
2023 · €19k
2023: €19k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€19k-€72k▲ 283%
Operating result€21k-€66k▲ 211%
Net result€17k-€53k▲ 217%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 211% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €92k
Fixed assets
€20k
Current assets
€72k
Equity and liabilities €92k
Equity
€72k▲ 283%
Debt
€20k▲ 66.8%
The debt ratio falls from 39.1% to 21.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€71k
Cash flow
€58k
Solvency
78.2%▲
2023 · 60.9%
Current ratio
3.60▲
2023 · 2.56
Quick ratio
3.60▲
2023 · 2.56
Debt / equity
0.28▼
2023 · 0.64
ROE
73.9%▼
2023 · 89.3%
ROA
57.8%▲
2023 · 54.4%
Interest coverage
3397.79
Debt
€20k▲
2023 · €12k
Debt ≤ 1 year
€20k▲
2023 · €12k
Income taxes
€15k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€31k€92k▲
Fixed assets21/28-€20k
Tangible fixed assets22/27-€20k
Furniture and vehicles24-€20k
Current assets29/58€31k€72k▲
Amounts receivable within one year40/41€9k€46k▲
Other amounts receivable41€9k€46k▲
Cash at bank and in hand54/58€22k€24k▲
Deferred charges and accrued income490/1€183€2k▲
Equity and liabilities
Total equity and liabilities10/49€31k€92k▲
Equity10/15€19k€72k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€17k€70k▲
Amounts payable17/49€12k€20k▲
Amounts payable within one year42/48€12k€20k▲
Taxes, remuneration and social security45€12k€20k▲
Taxes450/3€12k€20k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5k
Other operating charges640/8-€185
Gross operating margin9900€21k€71k▲
Operating profit (loss)9901€21k€66k▲
Financial income75/76B€183€2k▲
Recurring financial income75€183€2k▲
Financial charges65/66B€14€21▲
Recurring financial charges65€14€21▲
Profit (loss) for the period before taxes9903€21k€68k▲
Income taxes67/77€5k€15k▲
Profit (loss) for the period9904€17k€53k▲
Profit (loss) for the period to be appropriated9905€17k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€70k▲
Profit (loss) brought forward from the previous period14P-€17k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
NBB filing
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, Gesves · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Grande Commune 465340 GesvesGround area
690 m²
Building footprint
101 m²
Parcel 92054B0069/02M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
POLYPROTECH
since 20232.351.538.930
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92054B0069/02M000 | Wallonia | 690 m² | 1 · 101 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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FOLDING SQUARE CONSULTING
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Connectingdots
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Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 15,546 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2023
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.