Checked.be
Active
BE 0418.469.084Public limited companyOpen bankruptcy
POLYTHERM
Rue du Travail 7 ·4460 Grâce-Hollogne, Belgium· 48 yrs active
Sector: Specialised construction
(43222)
Conclusion
A bankruptcy procedure is open for POLYTHERM according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-149k) and a net result of €-24k.
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €-149k |
| Net result | €-24k |
| Better than sector | 5% |
| Active | 48 yrs |
Snowflake analysis
34
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
80
Solvency
33
Growth
58
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-07-2023 with the NBB · fiscal year 2022 · volledig
Sector comparison
Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -85.1% | 33.7% | |
| Net result | €-24k | €21k | |
| Equity | €-149k | €84k | |
| Gross operating margin | €-24k | €103k | |
| Total assets | €175k | €317k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€366k
-
+247% vs sector
€-24k
-
far below sector median
€-614k
+35.2%
far below sector median
€175k
-16.1%
-51% vs sector
€-149k
-19.0%
far below sector median
€-152k
-18.5%
far below sector median
4
-58.4%
-40% vs sector
€0
-100.0%
-100% vs sector
€290k
-3.3%
+56% vs sector
€290k
-3.3%
+99% vs sector
€0
-100.0%
-100% vs sector
0.48
-16.8%
-66% vs sector
0.48
-16.8%
-59% vs sector
-85.1%
-41.7%
far below sector median
-1.94
+18.7%
far below sector median
15.9%
-
+6% vs sector
-13.6%
-
far below sector median
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-24k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €175k |
| Equity | €-149k |
| Debt | €290k |
| of which ≤ 1y | €290k |
| of which > 1y | - |
| Working capital | €-152k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.48 |
| Quick ratio | 0.48 |
| Working capital ratio | -86.7% |
| Solvency | -85.1% |
| Debt / equity | -1.94 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -13.6% |
| ROE | 15.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €175k |
| Fixed assets | 21/28 | €37k |
| Financial fixed assets | 28 | €37k |
| Current assets | 29/58 | €138k |
| Amounts receivable within one year | 40/41 | €47k |
| Cash & bank | 54/58 | €92k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €175k |
| Equity | 10/15 | €-149k |
| Contributions / capital | 10/11 | €370k |
| Reserves | 13 | €109k |
| Accumulated profits (losses) | 14 | €-629k |
| Provisions & deferred taxes | 16 | €34k |
| Amounts payable | 17/49 | €290k |
| Amounts payable within one year | 42/48 | €290k |
| Trade debts payable within one year | 44 | €276k |
| Income statement | ||
| Gross operating margin | 9900 | €-24k |
| Operating result | 9901 | €-24k |
| Financial income | 75 | €366 |
| Result before taxes | 9903 | €-24k |
| Net result for the period | 9904 | €-24k |
| Result to be appropriated | 9905 | €-24k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PASCAL LAMBERT RUE DE LA LECHE 36,
4020 LIEGE 2 |
23-05-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Specialised construction(43222) |
| Legal form | Public limited company(014) |
| Incorporation | 30-06-1978 |
| Status | Active |
| Postal code | 4460 |
| First BS signal | 17-06-2024 |
| Latest BS signal | 17-06-2024 |
Company structure, linked entities
Mandates
Establishment units
Rue du Travail 7, 4460 Grâce-Hollogne
since 19782.035.978.431
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62046A0024/00V000 | Wallonia | 1,418 m² | 1 · 480 m² | 5.7 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2024
17-06-2024
Bankruptcy
Opening
2023
31-07-2023
NBB filing
Annual accounts filed
2022
30-06-2022
NBB filing
Annual accounts filed
2021
31-08-2021
NBB filing
Annual accounts filed
2020
30-11-2020
NBB filing
Annual accounts filed
2019
09-10-2019
NBB filing
Annual accounts filed
2018
26-09-2018
NBB filing
Annual accounts filed
2017
06-06-2017
NBB filing
Annual accounts filed
2016
18-07-2016
NBB filing
Annual accounts filed
2015
03-08-2015
NBB filing
Annual accounts filed
2014
31-07-2014
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
17-06-2024
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Installatie van verwarming, klimaatregeling en ventilatie45331Dakwerkzaamheden43410Dakwerkzaamheden43910Dakbedekking en bouw van dakconstructies45220Detailhandel in verlichtingsartikelen47552Detailhandel in verlichtingsartikelen in gespecialiseerde winkels47592Detailhandel in artikelen voor verlichting en woninginrichting52442
Primary activity highlighted.
Names & trade names
| Legal nameFR | POLYTHERM |
Registered office
Rue du Travail 7
4460 Grâce-Hollogne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies
J. LAMOTTE
BE 0426.548.590 · Grâce-Hollogne
CHAUFFABEN
BE 0432.491.227 · Fexhe-le-Haut-Clocher
CHAUFFAGE CEREXHE
BE 0430.868.753 · Theux
Chauffage Pierre
BE 0418.650.515 · Amay
JLP CHAUFFAGE & SANITAIRE
BE 0433.235.355 · Liège