POLYSERVE
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 25-08-2021 was due by 25-03-2022 and was filed on 01-08-2022, 129 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2021
129 d late
2020
10 d late
2019
56 d early
2018
58 d early
2017
64 d early
2016
39 d early
2015
62 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, full schema
Turnover
€80k
EBIT margin
3.7%
Net result
€-70k
2018 · €12k
2018: €12k
2018 → 2019
Working capital
€-742k▼ 344%
2018 · €-167k
2018: €-167k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€80k
Equity€1.03M-€835k▼ 18.7%
Operating result€60k-€3k▼ 95.0%
Net result€12k-€-70k
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 95% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €1.74M
Fixed assets
€1.70M ▼ 6.3%
Current assets
€34k ▼ 80.8%
Equity and liabilities €1.74M
Equity
€835k ▼ 18.7%
Debt
€902k ▼ 6.8%
Debt's share of the balance-sheet total rises from 48.5% to 51.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€124k▼
2018 · €190k
Cash flow
€51k▼
2018 · €143k
Current ratio
0.04▼
2018 · 0.51
Debt to equity
0.15▼
2018 · 0.61
ROE
-8.4%▼
2018 · 1.2%
ROA
-4.0%▼
2018 · 0.6%
Interest coverage
7.51
Debt ≤ 1 year
€776k▲
2018 · €344k
Debt > 1 year
€124k▼
2018 · €624k
Income taxes
€-385▼
2018 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 26 lines
Balance sheet
Code20182019
Assets
Total assets20/58€2.00M€1.74M▼
Fixed assets21/28€1.82M€1.70M▼
Tangible fixed assets22/27€1.82M€1.70M▼
Current assets29/58€177k€34k▼
Amounts receivable within one year40/41€42k€29k▼
Cash at bank and in hand54/58€133k€5k▼
Equity and liabilities
Total equity and liabilities10/49€2.00M€1.74M▼
Equity10/15€1.03M€835k▼
Contributions10/11€370k€326k▼
Reserves13€175k€97k▼
Profit (loss) carried forward14-€-70k
Amounts payable17/49€968k€902k▼
Amounts payable after more than one year17€624k€124k▼
Amounts payable within one year42/48€344k€776k▲
Trade debts44€31k€2k▼
Income statement
Code20182019
Turnover70-€80k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131k€121k▼
Gross operating margin9900€516k-
Operating profit (loss)9901€60k€3k▼
Recurring financial income75€320€64▼
Recurring financial charges65€41k€74k▲
Debt charges650-€17k
Profit (loss) for the period before taxes9903€19k€-70k▼
Income taxes67/77€7k€-385▼
Profit (loss) for the period9904€12k€-70k▼
Profit (loss) for the period to be appropriated9905€12k€-70k▼
Timeline · acts, filings and financial milestones
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 129 days late
2021
16-09
State Gazette act
Board meeting · Merger
Accounting effect
16-09
State Gazette act
Board meeting · Merger
Accounting effect · Frederic HELSEN
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 10 days late
12-07
State Gazette act
Board meeting · Merger
12-07
State Gazette act
Merger · Corporate purpose
Merger completion date · Fiscal regime · Tim CARNEWAL
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
12-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 12 days late
State Gazette actNBB filing
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:COFINIMMO