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POLYTOOLS

Active
Private limited companyfounded 1998active for 28 yearsSimpernelstraat 9F, 3511 Hasselt, BelgiumKBO/BCE: BE 0464.205.574
Summary

POLYTOOLS has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €735,533 and a net result of -€1,877. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 84% of 13,639 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Wholesale of industrial chemicals
NACE 46851
2 sites
Size
€893,461total assets 2025
Equity
€735,533
Loss
-€1,877
Turnover not published (abbreviated or micro format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 29 days early2 of 4 deeds summarised
Why 96lowers riskLiquidity: current ratio 10.18, cash €600,373Equity €735,533 (82.3% of total assets)Size: total assets €893,461Founded in 1998Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 82.3% of total assets
Liquidity 100=
short-term debt 7.4% · cash 67.2%
Profitability 68+41
return on assets -0.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,882 companies, NACE 46, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity ample (current ratio 10.18, compared with 13.95 in 2024, above the usual 1.5; short-term debt: 7.4% and cash: 67.2% of total assets), and 17.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 90% on solvency, 98% on liquidity, 50% on profitability and 28% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 10.18, cash €600,373
NBB · annual accounts
lowers risk · Equity €735,533 (82.3% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €893,461
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
36 days early
2023
12 days early
2022
10 days early
2021
75 days late
2020
55 days late
2019
87 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€15,425

Financials · financial year 2025, micro format

Equity
€735,533▼ 7.3%
2024 · €793,334
Total assets
€893,461▼ 0.5%
2024 · €897,939
Net result
-€1,877▲ 87.8%
2024 · -€15,425
Working capital
€604,527▼ 9.0%
2024 · €664,253
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €13,049 after €10,956 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€13,049 2025 Net result-€1,877 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€74,013-€25,579▼ 65.4%€115,352▲ 351%€145,752▲ 26.4%€192,299▲ 31.9%€23,225▼ 87.9%€10,956▼ 52.8%-€13,049
Net result€52,064-€63,424▲ 21.8%€96,545within the sector's middle half▲ 52.2%€117,333within the sector's middle half▲ 21.5%€103,904within the sector's middle half▼ 11.4%-€6,352below the sector's middle half-€15,425below the sector's middle half▼ 143%-€1,877within the sector's middle half▲ 87.8%
Equity€635,675-€691,599▲ 8.8%€788,144within the sector's middle half▲ 14.0%€838,766within the sector's middle half▲ 6.4%€898,970within the sector's middle half▲ 7.2%€853,318within the sector's middle half▼ 5.1%€793,334above the sector's middle half▼ 7.0%€735,533above the sector's middle half▼ 7.3%
Total assets€850,828-€819,917▼ 3.6%€848,599within the sector's middle half▲ 3.5%€943,382within the sector's middle half▲ 11.2%€977,696within the sector's middle half▲ 3.6%€982,160within the sector's middle half▲ 0.5%€897,939above the sector's middle half▼ 8.6%€893,461above the sector's middle half▼ 0.5%
Debt€215,153-€128,317▼ 40.4%€60,455▼ 52.9%€104,616▲ 73.0%€78,726▼ 24.7%€128,841▲ 63.7%€104,605▼ 18.8%€157,927▲ 51.0%
Working capital€487,355-€527,794▲ 8.3%€640,917within the sector's middle half▲ 21.4%€688,831within the sector's middle half▲ 7.5%€762,568within the sector's middle half▲ 10.7%€690,920within the sector's middle half▼ 9.4%€664,253above the sector's middle half▼ 3.9%€604,527above the sector's middle half▼ 9.0%
Solvency74.7%-84.3%▲ 9.6pp92.9%above the sector's middle half▲ 8.5pp88.9%above the sector's middle half▼ 4.0pp91.9%above the sector's middle half▲ 3.0pp86.9%above the sector's middle half▼ 5.1pp88.4%above the sector's middle half▲ 1.5pp82.3%above the sector's middle half▼ 6.0pp
Current ratio3.62-5.52▲ 1.9014.70above the sector's middle half▲ 9.1811.13above the sector's middle half▼ 3.5713.84above the sector's middle half▲ 2.7115.15above the sector's middle half▲ 1.3113.95above the sector's middle half▼ 1.2010.18above the sector's middle half▼ 3.77
Return on assets (ROA)6.1%-7.7%▲ 1.6pp11.4%above the sector's middle half▲ 3.6pp12.4%above the sector's middle half▲ 1.1pp10.6%within the sector's middle half▼ 1.8pp-0.6%below the sector's middle half▼ 11.3pp-1.7%within the sector's middle half▼ 1.1pp-0.2%within the sector's middle half▲ 1.5pp
Staff (FTE)3.2-3▼ 6.3%3.1within the sector's middle half▲ 3.3%2.7within the sector's middle half▼ 12.9%2within the sector's middle half▼ 25.9%0.5below the sector's middle half▼ 75.0%
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €893,461
Fixed assets €223,089 ▲ 22.3%
Current assets €670,372 ▼ 6.3%
Equity and liabilities €893,461
Equity €735,533 ▼ 7.3%
Debt €157,927 ▲ 51.0%
Debt's share of the balance-sheet total rises from 11.6% to 17.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36,706▼
2024 · €53,908
Cash flow
€47,877▲
2024 · €27,527
Quick ratio
9.42▼
2024 · 12.89
Debt to equity
0.21▲
2024 · 0.13
ROE
-0.3%▲
2024 · -1.9%
Interest coverage
7.70▲
2024 · 1.26
Debt ≤ 1 year
€65,844▲
2024 · €51,307
Debt > 1 year
€92,083▲
2024 · €53,299
Income taxes
€242▼
2024 · €641
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 8,617 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 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€897,939€893,461▼
Fixed assets21/28€182,379€223,089▲
Tangible fixed assets22/27€177,229€217,939▲
Plant, machinery and equipment23€7,612€5,148▼
Furniture and vehicles24€97,926€152,613▲
Other tangible fixed assets26€71,691€60,178▼
Financial fixed assets28€5,150€5,150=
Current assets29/58€715,560€670,372▼
Stocks and contracts in progress3€54,135€50,180▼
Stocks30/36€54,135€50,180▼
Amounts receivable within one year40/41€16,506€16,312▼
Trade receivables40€11,031€11,239▲
Other amounts receivable41€5,475€5,073▼
Cash at bank and in hand54/58€642,599€600,373▼
Deferred charges and accrued income490/1€2,320€3,507▲
Equity and liabilities
Total equity and liabilities10/49€897,939€893,461▼
Equity10/15€793,334€735,533▼
Contributions10/11€6,197€6,197=
Reserves13€787,136€729,336▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€787,136€729,336▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€104,605€157,927▲
Amounts payable after more than one year17€53,299€92,083▲
Financial debts170/4€53,299€92,083▲
Amounts payable within one year42/48€51,307€65,844▲
Current portion of amounts payable after more than one year42€26,708€38,578▲
Trade debts44€1,268€6,347▲
Suppliers440/4€1,268€6,347▲
Taxes, remuneration and social security45€15,252€12,478▼
Taxes450/3€15,252€12,478▼
Other amounts payable47/48€8,079€8,442▲
Income statement Code20242025
Remuneration, social security and pensions62€1,479-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,952€49,754▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€9,367€2,735▼
Non-recurring operating charges66A€0€432▲
Gross operating margin9900€64,754€39,873▼
Operating profit (loss)9901€10,956-€13,049▼
Financial income75/76B€17,121€16,183▼
Recurring financial income75€17,121€16,183▼
Non-recurring financial income76B€0-
Financial charges65/66B€42,860€4,770▼
Recurring financial charges65€42,860€4,770▼
Profit (loss) for the period before taxes9903-€14,784-€1,635▲
Income taxes67/77€641€242▼
Profit (loss) for the period9904-€15,425-€1,877▲
Profit (loss) for the period to be appropriated9905-€15,425-€1,877▲
Appropriation of the result
Profit (loss) to be appropriated9906-€15,425-€1,877▲
Transfer from equity791/2€59,985€57,800▼
Profit to be distributed694/7€44,560€55,923▲
Return on contributions (dividend)694€44,560€55,923▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€4,496€5,861€0---
Remuneration, social security and pensions62---€79,185€70,356€22,298€1,479--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,004€37,596€34,900€30,424€32,935€36,452€42,952€49,754▲ 15.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€37,952--€3,621€0--
Other operating charges640/8---€4,401€9,202€8,880€9,367€2,735▼ 70.8%
Non-recurring operating charges66A-----€69,997€0€432-
Gross operating margin9900€229,753€238,180€271,784€297,714€304,792€157,231€64,754€39,873▼ 38.4%
Operating profit (loss)9901€74,013€25,579€115,352€145,752€192,299€23,225€10,956-€13,049-
Financial income75/76B---€30,483€10€39,484€17,121€16,183▼ 5.5%
Recurring financial income75€1,932€562€2,019€3€10€1,532€17,121€16,183▼ 5.5%
Non-recurring financial income76B---€30,480-€37,952€0--
Financial charges65/66B---€1,556€43,885€54,072€42,860€4,770▼ 88.9%
Recurring financial charges65€5,773€2,915€2,935€1,556€43,885€54,072€42,860€4,770▼ 88.9%
Profit (loss) for the period before taxes9903€70,172€83,672€137,731€174,679€148,425€8,637-€14,784-€1,635▲ 88.9%
Income taxes67/77€18,108€20,248€41,186€57,346€44,521€14,988€641€242▼ 62.2%
Profit (loss) for the period9904€52,064€63,424€96,545€117,333€103,904-€6,352-€15,425-€1,877▲ 87.8%
Transfer from tax-exempt reserves789---€18,750-----
Profit (loss) for the period to be appropriated9905€52,064€63,424€96,545€136,083€103,904-€6,352-€15,425-€1,877▲ 87.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€850,828€819,917€848,599€943,382€977,696€982,160€897,939€893,461▼ 0.5%
Fixed assets21/28€177,171€175,339€160,885€186,525€155,741€242,405€182,379€223,089▲ 22.3%
Tangible fixed assets22/27€176,577€174,746€160,291€185,931€155,147€237,161€177,229€217,939▲ 23.0%
Plant, machinery and equipment23---€1,780€2,059€10,715€7,612€5,148▼ 32.4%
Furniture and vehicles24---€73,871€49,758€144,972€97,926€152,613▲ 55.8%
Other tangible fixed assets26---€110,281€103,331€81,473€71,691€60,178▼ 16.1%
Financial fixed assets28€594€594€594€594€594€5,244€5,150€5,150=
Current assets29/58€673,657€644,577€687,714€756,857€821,956€739,755€715,560€670,372▼ 6.3%
Stocks and contracts in progress3€325,575€326,789€324,862€307,716€202,182€45,675€54,135€50,180▼ 7.3%
Stocks30/36---€307,716€202,182€45,675€54,135€50,180▼ 7.3%
Amounts receivable within one year40/41€87,270€69,148€87,517€75,466€116,506€30,710€16,506€16,312▼ 1.2%
Trade receivables40---€19,848€60,348€13,143€11,031€11,239▲ 1.9%
Other amounts receivable41---€55,619€56,157€17,568€5,475€5,073▼ 7.3%
Cash at bank and in hand54/58€256,632€241,856€272,751€370,461€496,819€660,805€642,599€600,373▼ 6.6%
Deferred charges and accrued income490/1---€3,214€6,450€2,565€2,320€3,507▲ 51.1%
Equity and liabilities
Total equity and liabilities10/49€850,828€819,917€848,599€943,382€977,696€982,160€897,939€893,461▼ 0.5%
Equity10/15€635,675€691,599€788,144€838,766€898,970€853,318€793,334€735,533▼ 7.3%
Contributions10/11€6,197€6,197-€6,197€6,197€6,197€6,197€6,197=
Reserves13€629,478€685,402€781,947€832,569€892,773€847,121€787,136€729,336▼ 7.3%
Non-distributable reserves130/1---€1,859€1,859€1,859€0--
Reserves not available under the articles1311---€1,859€1,859€1,859€0--
Distributable reserves133---€830,710€890,914€845,262€787,136€729,336▼ 7.3%
Profit (loss) carried forward14-----€0€0€0-
Amounts payable17/49€215,153€128,317€60,455€104,616€78,726€128,841€104,605€157,927▲ 51.0%
Amounts payable after more than one year17€26,657€10,172€13,658€34,020€19,338€80,006€53,299€92,083▲ 72.8%
Financial debts170/4---€34,020€19,338€80,006€53,299€92,083▲ 72.8%
Amounts payable within one year42/48€186,303€116,783€46,797€68,026€59,388€48,835€51,307€65,844▲ 28.3%
Current portion of amounts payable after more than one year42---€15,786€14,681€34,314€26,708€38,578▲ 44.4%
Trade debts44€98,346€67,632€5,298€2,883€180€1,636€1,268€6,347▲ 401%
Suppliers440/4---€2,883€180€1,636€1,268€6,347▲ 401%
Taxes, remuneration and social security45---€44,870€35,056€2,035€15,252€12,478▼ 18.2%
Taxes450/3---€37,479€27,574€2,035€15,252€12,478▼ 18.2%
Remuneration and social security454/9---€7,392€7,481€0---
Other amounts payable47/48---€4,486€9,471€10,851€8,079€8,442▲ 4.5%
Accrued charges and deferred income492/3---€2,570-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€52,064€63,424€96,545€117,333€103,904-€6,352-€15,425-€1,877▲ 87.8%
+ Depreciation and write-downs630€28,004€37,596€34,900€30,424€32,935€36,452€42,952€49,754▲ 15.8%
Operating cash flow (approximation)€80,068€101,020€131,445€147,757€136,839€30,100€27,527€47,877▲ 73.9%
Investment in fixed assets (approximation)--€35,765-€20,446-€56,064-€2,151-€123,116€17,074-€90,464-
Change in cash--€14,776€30,894€97,710€126,358€163,986-€18,205-€42,226▼ 132%

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

Download as CSV

Latest 10 of 27 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 02-07-2026 2026-00240275
31-12-2024 micro format 25-06-2025 2025-00174917
31-12-2023 abbreviated format 19-07-2024 2024-00261844
31-12-2022 abbreviated format 21-07-2023 2023-00257900
31-12-2021 abbreviated format 14-10-2022 2022-20459936
31-12-2020 abbreviated format 24-09-2021 2021-68100425
31-12-2019 abbreviated format 26-10-2020 2020-62800422
31-12-2018 abbreviated format 16-07-2019 2019-32800233
31-12-2017 abbreviated format 03-09-2018 2018-57800492
31-12-2016 abbreviated format 14-09-2017 2017-60700307

Show all 27 filings

Similar companies · same sector, comparable size

Of the 1,210 active companies whose main activity is wholesale of industrial chemicals (NACE 46851), figures are known for 526. 348 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director
Rudi Juliens
Director
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Rudi Juliens
  • Director, since before 29-02-2024
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

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History

POLYTOOLS was incorporated on 24 September 1998.1 The registered office was moved to Kuringen in 2023.2 Total assets went from €850,828 in 2018 to €893,461 in 2025 and headcount from 3.2 full-time equivalents in 2018 to 0.5 in 2023.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 14-09-2023
  3. 3National Bank, annual accounts 2018, 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
25-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Weakest financial yearnet -€15,425
Net result drops to -€15,425, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
29-02
Gazette deed Reappointment: Rudi Juliens (director)
Legal-form conversion · Capital conversion · Net-asset statement13 facts ▸
  • General meeting, 06-02-2024
  • Other provision, “toepasselijkheid Wetboek van vennootschappen en verenigingen, artikel 39.§1.lid 1 en artikel 39.§2.lid 1 wet van 2019-03-23” (deed in Dutch)
  • Legal-form conversion, “besloten vennootschap” (deed in Dutch)
  • Capital conversion, “van rechtswege, artikel 39.§2.lid 3 wet van 2019-03-23” (deed in Dutch)
  • Other provision, “beschikbare eigen vermogensrekening op post “III.Reserves C.Beschikbare reserves”” (deed in Dutch)
  • Other provision, “subrekening “niet-opgevraagde inbrengen” binnen beschikbaar eigen vermogen” (deed in Dutch)
  • Other provision, “integraal, vrijstelling plicht tot volstorting niet-opgevraagde inbrengen” (deed in Dutch)
  • Net-asset statement, “geen uitkering,vrijstelling van volstorting van inbreng,indien netto-actief negatief is of daardoor negatief zou worden, laatst goedgekeurde jaarrekening,boekja…” (deed in Dutch)
  • Other provision, “liquiditeitstest artikel 5:143.WVV, voldaan” (deed in Dutch)
  • Other provision, “uitvoerbaarheid besluit tot vrijstelling volstorting niet-opgevraagde inbrengen, volledige uitwerking” (deed in Dutch)
  • Purpose change
  • Amendment of the articles
  • +1 further fact in this act
2023
14-09
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 04-07-2023
  • Registered-office move, Simpernelstraat 9-Unit F,3511 Kuringen
21-07
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
14-10
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 75 days late
2021
31-12
Financial Highest result from 2018 to 2025net €117,333 ▲21.5%
Net result €117,333, the highest in the series.
24-09
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 55 days late
2020
31-12
Financial Liquidity more than doubledcurrent ratio 14.70
Current ratio from 5.52 to 14.70; short-term debt falls from €116,783 to €46,797.
26-10
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 87 days late
Show earlier events
2019
16-07
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
03-09
NBB filing Annual accounts filed
financial year 2017 · abbreviated format · 34 days late
2017
14-09
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 45 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 27 annual accounts filed, the latest 10 are here; all 27 are under Financials.
2 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded24-09-1998
Financial year end31-12
Activities, NACEBEL 2025
46851Wholesale of industrial chemicals
E-invoicing
Reachable via Peppol
Peppol ID 0208:0464205574
Also 9925:BE0464205574
Registered 14-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Legal Entity Identifier

254900CS0V5PKOHC7S60
no longer live in the LEI register

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Hasselt · 2 establishment units since 1998
registered office establishment All 2 establishment units on the map
Ground area
6,251 m²
Building footprint
2,681 m²
Building volume
1 m³
2 parcels, Flanders · tallest building 0.3 m. Linked by address, not a title deed.
2 establishment units
POLYTOOLS
Simpernelstraat 9F, 3511 HasseltAgents in the wholesale of timber and building materials
since 1998unit no. 2.088.541.543
Krikelshoutstraat 36, 3511 Hasselt
Agents in the wholesale of timber and building materials
since 2024unit no. 2.360.030.883
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
71032A0372/00Y002 Flanders 3,316 m² 1 · 985 m² 0.3 m
71032B0680/00C000 Flanders 2,936 m² 1 · 1,695 m² -
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Import,groothandel en distributie van pompen en toebehoren,lijmen,oliën,metaalwaren en kunststoffen; Kleinhandel van pompen en…” (deed in Dutch)
5 activities (deed in Dutch)
  1. Import,groothandel en distributie van pompen en toebehoren,lijmen,oliën,metaalwaren en kunststoffen;
  2. Kleinhandel van pompen en toebehoren,lijmen,siliconen,oliën,metaalwaren en kunststoffen
  3. Groothandel in siliconen
  4. Het aanbieden van commerciële diensten aan bedrijven
  5. Overige zakelijke dienstverlening,niet eerder genoemd.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
POLYTOOLS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, Artikel 2.-Zetel” (deed in Dutch)

deed of 29-02-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 11. - Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bestuursbevoegdheden aan hem…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
“Tenzij algemene vergadering anders beslist, bedrag van vaste of evenredige vergoeding” (deed in Dutch)

deed of 29-02-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“750, volgestort bij uitgifte” (deed in Dutch)
“Op naam, vruchtgebruiker en blote eigenaar afzonderlijk ingeschreven met vermelding respectievelijke rechten” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager, helft koper(s) naar evenredigheid verworven aantal, elke overdracht onder levenden ten bezwarende of kosteloze titel…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Orgaan dat overgaat tot uitgifte, eerst aan bestaande aandeelhouders naar evenredigheid van aantal aandelen” (deed in Dutch)

deed of 29-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Saturday of June at 18:00

deed of 29-02-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“In vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Niet van toepassing bij ontbinding en vereffening in één akte overeenkomstig WVV, algemene vergadering bepaalt vergoeding vereffenaars” (deed in Dutch)

deed of 29-02-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Statutair onbeschikbaar eigen vermogen, 6197.33” (deed in Dutch)
Other provision: “Één of meerdere commissarissen, controle” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Bestuurder,bij gebrek daaraan aanwezige aandeelhouder met meeste aandelen,bij pariteit oudste, zittingen-notulen algemene vergadering” (deed in Dutch)
Other provision: “Elke aandeelhouder schriftelijke volmacht aan ieder ander persoon,aandeelhouder of niet,met alle overdrachtsmiddelen, beraadslagingen…” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, elke gewone of buitengewone algemene vergadering” (deed in Dutch)
Other provision: “Met inachtneming wettelijke voorschriften uitkeerbare winsten, bestemming van winst” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura opzelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
Other provision: “Voor uitvoering statuten, woonstkeuze” (deed in Dutch)
Other provision: “Rechtbank in wiens rechtsgebied zetel gevestigd, elke betwisting zaken vennootschap en uitvoering statuten tussen…” (deed in Dutch)
Other provision: “Gemeen recht, bepalingen WVV waarvan niet geldig afgeweken geacht ingeschreven” (deed in Dutch)

deed of 29-02-2024