Polytechnics Peeters
ActiveSummary
Polytechnics Peeters has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-4k) and a net result of €-37k. Equity is shrinking by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 7% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-3
Solvency24▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.32 in 2024; short-term debt: 48.3% and cash: 1.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 · 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
-1.1%
Return on assets
-12%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 10 filingsDeviation from the deadline
2025
3 d late
2024
1 d early
2023
2 d early
2022
13 d late
2021
2 d early
2020
1 d early
2019
7 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-4k
2024 · €34k
2018: €140k
2019: €120k
2020: €91k
2021: €74k
2022: €63k
2023: €67k
2024: €34k
2018 → 2025
Total assets
€313k▼ 9.6%
2024 · €346k
2018: €476k
2019: €429k
2020: €450k
2021: €448k
2022: €427k
2023: €419k
2024: €346k
2018 → 2025
Net result
€-37k▼ 14.1%
2024 · €-33k
2018: €9k
2019: €-20k
2020: €-29k
2021: €-16k
2022: €-11k
2023: €4k
2024: €-33k
2018 → 2025
Working capital
€-138k▼ 37.9%
2024 · €-100k
2018: €-51k
2019: €-82k
2020: €-116k
2021: €-104k
2022: €-97k
2023: €-80k
2024: €-100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€63k▼ 15.4%€67k▲ 6.0%€34k▼ 49.2%€-4k
Operating result€-16k-€-12k▲ 24.2%€6k€-32k€-40k▼ 24.1%
Net result€-16k-€-11k▲ 30.2%€4k€-33k€-37k▼ 14.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €40k in 2025 against €32k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €313k
Fixed assets
€300k ▲ 0.2%
Current assets
€13k ▼ 72.4%
Key figures and ratios
EBITDA
€-26k▼
2024 · €-21k
Cash flow
€-24k▼
2024 · €-22k
Solvency
-1.1%▼
2024 · 9.8%
Current ratio
0.09▼
2024 · 0.32
Quick ratio
0.05▼
2024 · 0.28
Debt to equity
-88.88▼
2024 · 9.20
ROA
-12.0%▼
2024 · -9.5%
Interest coverage
-82.59▼
2024 · -22.13
Debt
€316k▲
2024 · €312k
Debt ≤ 1 year
€151k▲
2024 · €147k
Debt > 1 year
€165k=
2024 · €165k
Income taxes
€132▼
2024 · €140
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€346k€313k▼
Fixed assets21/28€299k€300k▲
Tangible fixed assets22/27€299k€300k▲
Land and buildings22€289k€281k▼
Plant, machinery and equipment23€10k€13k▲
Furniture and vehicles24€536€6k▲
Financial fixed assets28€124€124=
Current assets29/58€47k€13k▼
Stocks and contracts in progress3€6k€5k▼
Stocks30/36€6k€5k▼
Amounts receivable within one year40/41€11k€4k▼
Trade receivables40€6k€3k▼
Other amounts receivable41€5k€832▼
Cash at bank and in hand54/58€28k€4k▼
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€346k€313k▼
Equity10/15€34k€-4k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€14k€14k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€8k€8k=
Profit (loss) carried forward14€-42k€-80k▼
Amounts payable17/49€312k€316k▲
Amounts payable after more than one year17€165k€165k=
Other amounts payable178/9€165k€165k=
Amounts payable within one year42/48€147k€151k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€7k€709▼
Suppliers440/4€7k€709▼
Taxes, remuneration and social security45€2k€272▼
Taxes450/3€2k€272▼
Other amounts payable47/48€138k€150k▲
Income statement
Code20242025
Non-recurring operating income76A€413€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€13k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-4k€0▲
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A€11k€0▼
Gross operating margin9900€-10k€-22k▼
Operating profit (loss)9901€-32k€-40k▼
Financial income75/76B€283€3k▲
Recurring financial income75€283€3k▲
Financial charges65/66B€965€320▼
Recurring financial charges65€965€320▼
Profit (loss) for the period before taxes9903€-33k€-37k▼
Income taxes67/77€140€132▼
Profit (loss) for the period9904€-33k€-37k▼
Profit (loss) for the period to be appropriated9905€-33k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-80k▼
Profit (loss) brought forward from the previous period14P€-9k€-42k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2025
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 4 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 13 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Dilbeek · 1 establishment unit since 1992
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.
Geraardsbergsestraat 721703 DilbeekGround area
1,968 m²
Building footprint
352 m²
Volume, LiDAR
2,152 m³
2 parcels, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Geraardsbergsestraat 54, 1703 Dilbeek
since 19922.056.308.641
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23070D0351/00H002 | Flanders | 1,015 m² | 1 · 138 m² | 10.7 m · 3 fl. |
| 23070A0075/00D000 | Flanders | 953 m² | 1 · 214 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
6 categoriesPolytechnics Peeters NV35099
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,809 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.