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PolyReva

Active
Private limited companyfounded 20206 yrs activeNieuwe Baan 44A, 9111 Sint-Niklaas, BelgiumKBO/BCE: BE 0750.593.918
Summary

PolyReva has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,989 and a net result of €2,050. Equity is shrinking by ~52.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 21% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability58▲+58
Solvency45▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 17179 sector peers (2025).
NBB · sector comparison
Position among 17179 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 5 filings
Deviation from the deadline
2025
17 d late
2024
28 d late
2023
29 d late
2022
29 d late
2021
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PolyReva was incorporated on 13 July 2020 as a Private limited company.1 Total assets rose from EUR 14,410 in 2021 to EUR 24,671 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€4,989▲ 69.8%
2024 · €2,939
Total assets
€24,671▲ 89.9%
2024 · €12,988
Net result
€2,050
2024 · -€3,406
Working capital
€4,989▲ 69.8%
2024 · €2,939
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€6,974--€3,167▲ 54.6%-€3,539▼ 11.7%-€3,312▲ 6.4%€2,113
Net result-€7,074below the sector's middle half--€3,236below the sector's middle half▲ 54.3%-€3,636below the sector's middle half▼ 12.4%-€3,406below the sector's middle half▲ 6.3%€2,050below the sector's middle half
Equity€12,926below the sector's middle half-€9,690below the sector's middle half▼ 25.0%€6,054below the sector's middle half▼ 37.5%€2,939below the sector's middle half▼ 51.5%€4,989below the sector's middle half▲ 69.8%
Total assets€14,410below the sector's middle half-€15,646below the sector's middle half▲ 8.6%€13,969below the sector's middle half▼ 10.7%€12,988below the sector's middle half▼ 7.0%€24,671below the sector's middle half▲ 89.9%
Debt€1,484-€5,956▲ 301%€7,916▲ 32.9%€10,050▲ 27.0%€19,682▲ 95.8%
Working capital€12,926-€9,690▼ 25.0%€6,054▼ 37.5%€2,939▼ 51.5%€4,989▲ 69.8%
Solvency89.7%above the sector's middle half-61.9%within the sector's middle half▼ 27.8pp43.3%within the sector's middle half▼ 18.6pp22.6%below the sector's middle half▼ 20.7pp20.2%below the sector's middle half▼ 2.4pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€7,500-€5,000-€2,500€0€2,500Operating result 2021: -€6,974-€6,974Net result 2021: -€7,074-€7,074Operating result 2022: -€3,167-€3,167Net result 2022: -€3,236-€3,236Operating result 2023: -€3,539-€3,539Net result 2023: -€3,636-€3,636Operating result 2024: -€3,312-€3,312Net result 2024: -€3,406-€3,406Operating result 2025: €2,113€2,113Net result 2025: €2,050€2,05020212022202320242025-€4,000-€2,000€0€2,000Operating result 2023: -€3,539-€3,540Net result 2023: -€3,636-€3,640Operating result 2024: -€3,312-€3,310Net result 2024: -€3,406-€3,410Operating result 2025: €2,113€2,110Net result 2025: €2,050€2,050202320242025
The operating result returns to profit in 2025: €2,113 after a loss of €3,312 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €24,671
Equity €4,989 ▲ 69.8%
Debt €19,682 ▲ 95.8%
Debt's share of the balance-sheet total rises from 77.4% to 79.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.25▼
2024 · 1.29
Quick ratio
0.76▲
2024 · 0.71
Debt to equity
3.94▲
2024 · 3.42
ROE
41.1%▲
2024 · -115.9%
ROA
8.3%▲
2024 · -26.2%
Debt ≤ 1 year
€19,682▲
2024 · €10,050
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,706 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€12,988€24,671▲
Current assets29/58€12,988€24,671▲
Stocks and contracts in progress3€5,895€9,723▲
Stocks30/36€5,895€9,723▲
Amounts receivable within one year40/41€6,233€12,871▲
Trade receivables40-€8,223
Other amounts receivable41€6,233€4,648▼
Cash at bank and in hand54/58€537€1,810▲
Deferred charges and accrued income490/1€323€267▼
Equity and liabilities
Total equity and liabilities10/49€12,988€24,671▲
Equity10/15€2,939€4,989▲
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€17,061-€15,011▲
Amounts payable17/49€10,050€19,682▲
Amounts payable within one year42/48€10,050€19,682▲
Trade debts44€8,656€18,194▲
Suppliers440/4€8,656€18,194▲
Other amounts payable47/48€1,393€1,488▲
Income statement Code20242025
Other operating charges640/8€525€758▲
Gross operating margin9900-€2,787€2,871▲
Operating profit (loss)9901-€3,312€2,113▲
Financial charges65/66B€94€63▼
Recurring financial charges65€94€63▼
Profit (loss) for the period before taxes9903-€3,406€2,050▲
Profit (loss) for the period9904-€3,406€2,050▲
Profit (loss) for the period to be appropriated9905-€3,406€2,050▲
Appropriation of the result
Profit (loss) to be appropriated9906-€17,061-€15,011▲
Profit (loss) brought forward from the previous period14P-€13,655-€17,061▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,182€0----
Other operating charges640/8€348€484€479€525€758▲ 44.4%
Gross operating margin9900-€4,444-€2,683-€3,059-€2,787€2,871▲ 203%
Operating profit (loss)9901-€6,974-€3,167-€3,539-€3,312€2,113▲ 164%
Financial charges65/66B€100€69€98€94€63▼ 32.9%
Recurring financial charges65€100€69€98€94€63▼ 32.9%
Profit (loss) for the period before taxes9903-€7,074-€3,236-€3,636-€3,406€2,050▲ 160%
Profit (loss) for the period9904-€7,074-€3,236-€3,636-€3,406€2,050▲ 160%
Profit (loss) for the period to be appropriated9905-€7,074-€3,236-€3,636-€3,406€2,050▲ 160%
Line20212022202320242025Change
Assets
Total assets20/58€14,410€15,646€13,969€12,988€24,671▲ 89.9%
Current assets29/58€14,410€15,646€13,969€12,988€24,671▲ 89.9%
Stocks and contracts in progress3€4,235€4,235€5,895€5,895€9,723▲ 64.9%
Stocks30/36€4,235€4,235€5,895€5,895€9,723▲ 64.9%
Amounts receivable within one year40/41€5,423€7,275€6,367€6,233€12,871▲ 106%
Trade receivables40----€8,223-
Other amounts receivable41€5,423€7,275€6,367€6,233€4,648▼ 25.4%
Cash at bank and in hand54/58€4,494€3,625€1,707€537€1,810▲ 237%
Deferred charges and accrued income490/1€258€512€0€323€267▼ 17.4%
Equity and liabilities
Total equity and liabilities10/49€14,410€15,646€13,969€12,988€24,671▲ 89.9%
Equity10/15€12,926€9,690€6,054€2,939€4,989▲ 69.8%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14-€7,074-€10,310-€13,946-€17,061-€15,011▲ 12.0%
Amounts payable17/49€1,484€5,956€7,916€10,050€19,682▲ 95.8%
Amounts payable within one year42/48€1,484€5,956€7,916€10,050€19,682▲ 95.8%
Trade debts44€91€4,563€6,522€8,656€18,194▲ 110%
Suppliers440/4€91€4,563€6,522€8,656€18,194▲ 110%
Other amounts payable47/48€1,393€1,393€1,393€1,393€1,488▲ 6.8%
Line20212022202320242025Change
Profit (loss) for the period9904-€7,074-€3,236-€3,636-€3,406€2,050▲ 160%
+ Depreciation and write-downs630€2,182€0----
Operating cash flow (approximation)-€4,892-€3,236-€3,636-€3,406€2,050▲ 160%
Change in cash--€869-€1,918-€1,170€1,273▲ 209%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-12
Financial Back to profitnet €2,050
Net result €2,050 after 4 loss-making years.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
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, Sint-Niklaas · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
2,012 m²
Building footprint
514 m²
Volume, LiDAR
3,103 m³
Parcel 46002C0757/00H000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PolyReva
Nieuwe Baan 44A, 9111 Sint-NiklaasManufacture of leather and related products
since 20202.305.296.258
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46002C0757/00H000 Flanders 2,012 m² 1 · 514 m² 8.7 m · 2 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.

Similar companies · same sector, comparable size

Of 16,911 companies in sector 62100 we hold annual accounts for 8,786. 2,991 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
Founded13-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
82300Organisation of conventions and trade shows
82990Other business support services
85599Other education
Contact
E-mail info@polyreva.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0750593918
Also 9925:BE0750593918
Registered 24-11-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.