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POLYREST

Active Private limited company (pre-2019)founded 2001active for 25 yearsGustave Royerslaan 28, 9600 RonseKBO/BCE: BE 0474.019.501

Overview

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €136,702 (2007)
€8,179▼ 56.5%
lowest -€6,669 (2020)
€1,742▼ 98.1%
peak €299,441 (2025)
€299,441▲ 0.6%
€10,822▼ 45.1%
peak 3.1 FTE (2007)
-not published
Board1 name since 2001
1 director
Documentsfilings and deeds
29-08-202629 days late
2025micro format
Gross margin from €18,816 to €8,179Result from €89,462 to €1,742Debts from €19,699 to €10,822

Key points

from the 2025 annual accounts

Equity

€299,441 ▲ 0.6%

POLYREST has made a profit without a break since 2021.

Result

€1,742 ▼ 98.1%
€89,5002024€1,7402025

The result fell in 2025 from €89,462 to €1,742.

Turnover

≈ €97,000 estimated

The micro format states no turnover.

Liquidity

28.25 was 15.78 in 2024

Short-term debts fell from €19,699 to €10,822.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

Six of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.

Position in the sector

96.5%

Higher solvency than 95% of companies in construction of buildings. Sector median 43.1% · 10,159 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as POLYREST has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,044 companies, not a prediction for POLYREST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Director, since 24-01-2001
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0474019501
First establishment , Gustave Royerslaan 28, Ronse
All 36 events

Comparable companies

same main activity, similar in size and age
Company
POLYREST Ronse €310,264 €8,179 96.5% -
RHOSA CONSTRUCT Anderlecht €335,940 €9,108 45.7% -
VITRERIE, GESTION ET RENOVATION de BATIMENTS Court-Saint-Etienne €339,099 €9,097 98.3% -
BLF La Louvière €260,540 €9,550 35.4% -
APROBO Aalst €242,115 €7,064 86.4% -
C & P Aalter €396,119 €8,499 5.0% -
CLIMMO BORNEM Hamme (Vl.) €387,844 €8,075 17.7% -

These companies have the same main activity as POLYREST: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €242,000 and €396,000, founded between 1996 and 2004.

Official details

Source: KBO
Status
Active since 05-02-2001Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.097.813.9519600 Ronse, since 22-02-2001
Financial year end
31 December
Peppol
Reachable since 14-10-2025
Company details

Annual accounts 2025

€8,179▼ 56.5%
€1,742▼ 98.1%
€299,441▲ 0.6%
€310,264▼ 2.2%
Filing
Filed on 29-08-2026
Financials

Insights on POLYREST

POLYREST files the micro format. That format states no turnover. The gross margin fell from €84,042 in 2006 to €8,179 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 29-08-2026, 29 days late
€8,179
▼ 56.5%
€5,087
▼ 69.0%
€1,742
▼ 98.1%
€294,853
▲ 1.3%
96.5%
▲ 2.7 percentage points
28.25
▲ 12.47

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €97,000. Estimated: probably between €50,000 and €180,000.

Balance sheet

balance sheet total €310,264 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

96.5%

Higher than 95% of 10,159 companies in 2025.

28.25

Higher than 95% of 9,870 companies in 2025.

0.6%

Higher than 29% of 9,958 companies in 2025.

POLYREST Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 310,264317,398229,060241,299226,603215,181225,519266,183256,244259,470240,084200,698231,601233,638224,089208,439300,845220,529183,751130,204
21/28 4,5886,6093,6865,6106,1994,09712,43626,52939,58154,33741,37916,60921,20328,98927,54650,73565,54633,85139,6348,851
22/27 4,5886,6093,6865,6106,1994,09712,43626,52939,58154,33741,37916,60921,20328,98927,54650,73565,54633,85139,6348,851
23 4,0405,7862,5883,4973,899-3216429632,0071,6522,5803,9401,6851,9553,5943,7313,7135,0187,346
24 ---7402,2803,82010,97722,39032,76444,11129,0807182,72314,04725,59147,14261,81529,83333,7690
26 5498231,0981,373202771,1383,4965,8558,21910,64813,31014,54013,257---3058471,505
29/58 305,675310,790225,375235,689220,404211,084213,083239,654216,663205,133198,705184,089210,399204,649196,543157,704235,299186,678144,118121,354
3 5831,3331,4473,19655246,46120,14913,88213,41915,60026,97414,54424,32720,14610,77029,09437,40153,22410,8646,582
30/36 5831,3331,4473,1965521,4612,1492,2261,7712,7357,5859,3227,6227,1671,5991,7096,3423,2242,8646,582
37 -----45,00018,00011,65611,64812,86519,3905,22316,70612,9799,17127,38531,05950,0008,000-
40/41 24,51847,12938,12840,67077,23520,59339,52642,93140,00569,22328,42451,43682,530114,21795,20386,61277,12180,89864,78089,634
40 16,36838,68530,28636,03473,74818,95537,90640,02338,48057,53724,20746,30267,403111,36983,38973,61854,49973,11855,07878,931
41 8,1498,4437,8424,6363,4871,6381,6202,9081,52511,6864,2175,13415,1282,84811,81412,99422,6217,7809,70210,702
50/53 --110,000110,000110,000110,000110,000110,000110,000110,000110,000110,00080,000-------
54/58 280,574259,30472,86879,00830,10831,55940,93970,51150,9027,93230,8738,10923,54169,76790,55439,498120,49452,26968,20224,881
490/1 -3,0242,9312,8152,5092,4712,4692,3302,3362,3782,434--519172,500283286271257
Balance sheet: equity and liabilities
10/49 310,264317,398229,060241,299226,603215,181225,519266,183256,244259,470240,084200,698231,601233,638224,089208,439300,845220,529183,751130,204
10/15 299,441297,699208,237208,043190,481178,846185,515185,119182,911171,747169,112168,828171,113186,275173,047172,707160,756136,022107,90472,190
10/11 136,000136,000136,000136,000136,000136,000136,000136,000136,000136,000136,000136,000136,00019,00019,00019,00019,00019,00019,00019,000
100 ------136,000136,000136,000136,000136,000136,000136,00019,00019,00019,00019,00019,00019,00019,000
13 149,144147,40257,94057,74640,18328,54828,54828,54828,54820,53417,89917,88517,88588,84888,84888,84888,84888,84888,84853,148
130/1 13,60013,60013,60013,60013,60013,600--------------
130 ------13,60013,60013,6005,5862,9512,9372,9371,9001,9001,9001,9001,9001,9001,900
1311 13,60013,60013,60013,60013,60013,600--------------
132 -----14,94814,94814,94814,94814,94814,94814,94814,94814,94814,94814,94814,94814,94814,94814,948
133 135,544133,80244,34044,14626,583--------72,00072,00072,00072,00072,00072,00036,300
14 14,29814,29814,29814,29814,29814,29820,96720,57118,36215,21315,21314,94317,22878,42665,19964,85952,90728,1745642
17/49 10,82219,69920,82333,25636,12236,33540,00481,06473,33487,72370,97231,87060,48847,36351,04235,732140,08984,50775,84758,014
17 -------2,5189,97217,28024,444----1,4209,71517,63725,203-
170/4 -------2,5189,97217,28024,444----1,4209,71517,63725,203-
42/48 10,82219,69920,82333,25636,12236,33540,00478,54663,36270,44346,52929,23360,48847,36351,04034,312130,37466,87050,64458,014
42 ------2,5187,4547,3087,1647,023---1,4208,2957,9227,5667,225-
43 -----------11------249-
430/8 -----------11--------
439 ------------------249-
44 7752,1942,0617,4498,6006,0435,9008,3924,3286,0964,15710,24315,2958,1228,6096,75174,66616,90613,87319,242
440/4 7752,1942,0617,4498,6006,0435,9008,3924,3286,0964,15710,24315,2958,1228,6096,75174,66616,90613,87319,242
45 10,0479,0083683552132131,2902,3022,2751,2804,1018968164,3972,1032,9062,2565,3871,731422
450/3 10,0479,0083683552132131,2902,3022,2751,2802,0818968161,9432,1032954073821,731422
454/9 ----------2,020--2,453-2,6121,8495,005--
47/48 -8,49718,39425,45227,30930,07930,29760,39749,45155,90331,24718,08344,37734,84438,90816,36045,52937,01127,56638,350
492/3 -----------2,637--3-----
Income statement
76A ----------548----207----
9900 8,17918,8166,79829,81923,7493,08312,82025,60740,12224,71721,6108,03027,36778,96577,16180,309129,730129,965136,70284,042
62 5274954665584324011,9131,293515-921,0241794,52238,68747,97430,08562,30067,30568,56464,947
630 2,0201,2561,9252,3912,0188,33917,79317,05316,98116,73211,3026,69218,52216,79323,55624,38925,33415,67013,8917,434
640/8 5446781,5375938537157836066315237729624701,4151,7374616804554,1051,404
9901 5,08716,3882,87126,27520,446-6,371-7,6696,65621,9967,5558,5111973,85322,0703,89525,37541,41646,53650,14310,258
75/76B 1487,98127549211,33559022255842257715,3665941,1382,332152341
75 1487,9812754928559022255842257715,3665941,1382,332152341
76B ------11,250-------------
65/66B 2081,2111,4061,3401331712,1262,7596,2063,4898,7362,3542,7762,6722,5996,0594,4563,9584,3102,986
65 2081,2111,4061,3401331712,1262,7596,2063,4898,7362,3542,7762,6722,5996,0594,4563,9584,3102,986
9903 4,894103,1571,49224,94020,316-6,4511,5403,95615,7904,088578-2,0731,30120,1696,66220,11738,09944,91045,9857,613
67/77 3,15213,6951,2987,3788,6812181,1441,7474,6271,4522942129924,4723,8525,69610,89614,32213,9752,464
9904 1,74289,46219417,56311,635-6,6693962,20811,1632,635284-2,28530815,6982,81014,42127,20330,58832,0105,148
789 ----14,948---------------
9905 1,74289,46219417,56326,583-6,6693962,20811,1632,635284-2,28530815,6982,81014,42127,20330,58832,0105,148
Appropriation of the result
9906 16,040103,76014,49231,86040,88114,29820,96720,57126,37617,84815,22714,94378,73580,89667,66967,32955,37730,64332,0525,148
14P 14,29814,29814,29814,29814,298---------------
791/2 ------------72,000-------
691/2 1,74289,46219417,56326,583---8,0142,63514-1,037-----31,9965,106
6920 --------8,0142,63514-1,037-------
6921 1,74289,46219417,56326,583-------------31,9965,106
694/7 ------------132,4702,4702,4702,4702,4692,469--
694 ------------132,4702,4702,4702,4702,4692,469--
Social balance sheet
9087 ------------0.711.31.31.833.12.3
Hours worked1013 ------------1,4231,4231,7541,1072,4502,7573,2442,864
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 29 days after the deadline. Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00480995.

Financial year Type Filed Reference Document
31-12-2025 micro format 29-08-2026 2026-00480995 PDF
31-12-2024 micro format 29-08-2025 2025-00451390 PDF
31-12-2023 micro format 20-08-2024 2024-00353011 PDF
31-12-2022 micro format 28-07-2023 2023-00290297 PDF
31-12-2021 micro format 29-07-2022 2022-20252420 PDF
31-12-2020 micro format 26-07-2021 2021-39900464 PDF
31-12-2019 micro format 24-08-2020 2020-43600374 PDF
31-12-2018 micro format 24-07-2019 2019-37500087 PDF
31-12-2017 micro format 31-08-2018 2018-58500317 PDF
31-12-2016 micro format 16-08-2017 2017-44200430 PDF
31-12-2015 abbreviated format 22-07-2016 2016-34600597 PDF
31-12-2014 abbreviated format 28-07-2015 2015-35800127 PDF
31-12-2013 abbreviated format 18-08-2014 2014-43100397 PDF
31-12-2012 abbreviated format 29-07-2013 2013-36600270 PDF
31-12-2011 abbreviated format 09-07-2012 2012-28300362 PDF
31-12-2010 abbreviated format 29-07-2011 2011-36500128 PDF
31-12-2009 abbreviated format 27-07-2010 2010-35000358 PDF
31-12-2008 abbreviated format 22-07-2009 2009-45400262 PDF
31-12-2007 abbreviated format 04-07-2008 2008-36800242 PDF
31-12-2006 abbreviated format 21-06-2007 2007-27600223 PDF
31-12-2005 abbreviated format 06-06-2006 2006-20300498 PDF
31-12-2004 abbreviated format 01-06-2005 2005-19404459 PDF
31-12-2003 abbreviated format 03-06-2004 2004-19602072 PDF
31-12-2002 abbreviated format 04-07-2003 2003-39700164 PDF
31-12-2001 abbreviated format 05-06-2002 2002-17404107 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
7,10817,6444,79528,66722,4641,96710,12423,70838,97724,28719,8136,88922,37538,86327,45149,76466,75062,20664,03317,692
3,76290,7182,11919,95413,6531,66918,18919,26128,14419,36711,5854,40718,83132,49126,36638,81052,53746,25745,90112,582
04,17901,8034,12003,7004,0002,22529,69036,0722,09810,73618,2363669,57857,0299,88744,67410,659
21,270186,436-6,14048,900-1,452-9,380-29,57219,60942,970-22,94122,764-15,432-46,226-20,78751,056-80,99668,224-15,93343,321-
294,853291,091204,552202,433184,282174,749173,079161,108153,301134,690152,177154,856149,910157,286145,504123,391104,925119,80893,47363,339
96.5%93.8%90.9%86.2%84.1%83.1%82.3%69.5%71.4%66.2%70.4%84.1%73.9%79.7%77.2%82.9%53.4%61.7%58.7%55.4%
28.2515.7810.827.096.105.815.333.053.422.914.276.303.484.323.854.601.802.792.852.09
28.1915.7110.756.996.094.534.822.873.212.693.695.803.083.903.643.751.522.002.631.98
0.040.070.100.160.190.200.220.440.400.510.420.190.350.250.290.210.870.620.700.80
0.6%30.1%0.1%8.4%6.1%-3.7%0.2%1.2%6.1%1.5%0.2%-1.4%0.2%8.4%1.6%8.4%16.9%22.5%29.7%7.1%
0.6%28.2%0.1%7.3%5.1%-3.1%0.2%0.8%4.4%1.0%0.1%-1.1%0.1%6.7%1.3%6.9%9.0%13.9%17.4%4.0%
34.2514.573.4121.39over 100---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€4,179-€1,803€4,120
€2,020€1,256€1,925€2,391€2,018

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on POLYREST

The operating result for 2025 is 69% lower than in 2024.

Debt's share of the balance-sheet total falls from 6.2% to 3.5%. Equity is higher and debt is lower.

Board & ownership

Board

1 director
Director
since 24-01-2001
listed in the 2025 annual accounts, filed on 29-08-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Board
Mandates as a list
    • Director, from 24-01-2001 to date

See the board, name and registered office on a given date →

Control

Capital

Contribution
€136,000
Source
2025 annual accounts

Network & group

No group

POLYREST has no parent and no holdings in its annual accounts. is the only director. POLYREST shares no director with another company.

Timeline

Timeline

36 events since 2001

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 29 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0474019501
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
Highest result from 2006 to 2025 net €89,462 ▲46,024% The net result of €89,462 is the highest of those years.
Annual accounts 2023 filed PDFmicro format · 20 days late
2023
Annual accounts 2022 filed PDFmicro format · 3 days before the deadline
2022
Equity above €200,000 equity €208,043 ▲9.2% After 2 profitable years in a row, equity reaches €208,043.
Annual accounts 2021 filed PDFmicro format · 2 days before the deadline
2021
Back to profit net €11,635 The net result is €11,635, after one loss-making year.
Annual accounts 2020 filed PDFmicro format · 5 days before the deadline
2020
Weakest financial year net -€6,669 The net result drops to -€6,669, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2019 filed PDFmicro format · 24 days late
2019
Annual accounts 2018 filed PDFmicro format · 7 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 31 days late
2017
Annual accounts 2016 filed PDFmicro format · 16 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 9 days before the deadline
2015
Back to profit net €284 The net result is €284, after one loss-making year.
Annual accounts 2014 filed PDFabbreviated format · 3 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 18 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 2 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 22 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 2 days before the deadline
2010
Liquidity more than doubled current ratio 4.60 The current ratio rises from 1.80 to 4.60. Short-term debt falls from €130,374 to €34,312.
Annual accounts 2009 filed PDFabbreviated format · 4 days before the deadline
2009
Equity above €150,000 equity €160,756 ▲18.2% With a profit in every financial year since 2006, equity grows to €160,756.
Annual accounts 2008 filed PDFabbreviated format · 9 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 27 days before the deadline
2007
Equity above €100,000 equity €107,904 ▲49.5% With a profit in every financial year since 2006, equity grows to €107,904.
Annual accounts 2006 filed PDFabbreviated format · 40 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
First establishment , Gustave Royerslaan 28, Ronse
Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

POLYREST was incorporated on 5 February 2001.1 Total assets rose from €266,183 in 2018 to €310,264 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0474.019.501
VAT number
BE 0474.019.501
Peppol ID
0208:0474019501
Other Peppol ID
9925:BE0474019501
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
05-02-2001
Financial year
ends on 31 December
Peppol
Reachable since 14-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
POLYREST in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41201 General construction of buildings main activity
Codes under NACEBEL 2003
45211 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
johan poleyn registered office Gustave Royerslaan 28, 9600 Ronse 4100106 General construction of residential buildings 22-02-2001 2.097.813.951

Buildings and parcels at the address

Ground area
401 m²
Buildings
146 m²
Volume, LiDAR
1,120 m³
Tallest building
11.6 m
Buildings to scale, each on its own parcel
146 m², 11.6 m 146 m², 11.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
45422D0850/00P002401 m² 1 · 146 m² 11.6 m · 3

Contact

Phone +32 498 44 28 28 establishment in Ronse

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0474.019.501