POULTEC
ActivePOULTEC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28.14M and a net result of €2.23M. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-24
Solvency61▼-3
Growth80▼-5
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.6M at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.25 in 2024; short-term debt: 64.3% and cash: 6.5% of total assets), and 64.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.7%
Return on assets
2.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
28 d early
2023
23 d early
2022
13 d early
2021
31 d late
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€38.25M▼ 55.4%
2024 · €85.75M
2018: €14.04M
2019: €14.69M
2020: €14.41M
2021: €18.45M
2022: €67.16M
2023: €30.72M
2024: €85.75M
2018 → 2025
EBIT margin
7.8%▲ 3.2pp
2024 · 4.7%
2018: 2.8%
2019: 9.9%
2020: 7.8%
2021: 30.4%
2022: 9.0%
2023: 6.3%
2024: 4.7%
2018 → 2025
Net result
€2.23M▼ 72.8%
2024 · €8.19M
2018: €291k
2019: €922k
2020: €1.14M
2021: €3.64M
2022: €4.04M
2023: €1.07M
2024: €8.19M
2018 → 2025
Working capital
€12.00M▲ 22.6%
2024 · €9.78M
2018: €6.45M
2019: €-5.04M
2020: €-4.63M
2021: €-2.18M
2022: €517k
2023: €1.61M
2024: €9.78M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€18.45M-€67.16M▲ 264%€30.72M▼ 54.3%€85.75M▲ 179%€38.25M▼ 55.4%
Equity€12.61M-€16.66M▲ 32.1%€17.72M▲ 6.4%€25.92M▲ 46.2%€28.14M▲ 8.6%
Operating result€5.61M-€6.08M▲ 8.3%€1.95M▼ 68.0%€4.00M▲ 105%€2.99M▼ 25.1%
Net result€3.64M-€4.04M▲ 11.2%€1.07M▼ 73.7%€8.19M▲ 669%€2.23M▼ 72.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78.89M
Fixed assets
€16.15M=
Current assets
€62.75M▲ 26.3%
Equity and liabilities €78.89M
Equity
€28.14M▲ 8.6%
Debt
€50.75M▲ 27.2%
The debt ratio rises from 60.6% to 64.3%. Equity and debt are higher.
Key figures and ratios
Solvency
35.7%▼
2024 · 39.4%
Current ratio
1.24▼
2024 · 1.25
Quick ratio
0.50▼
2024 · 0.56
Debt / equity
1.80▲
2024 · 1.54
ROE
7.9%▼
2024 · 31.6%
ROA
2.8%▼
2024 · 12.4%
Debt
€50.75M▲
2024 · €39.90M
Debt ≤ 1 year
€50.75M▲
2024 · €39.88M
Income taxes
€733k▼
2024 · €1.13M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€65.81M€78.89M▲
Fixed assets21/28€16.15M€16.15M=
Financial fixed assets28€16.15M€16.15M=
Affiliated companies280/1€16.15M€16.15M=
Participating interests280€16.15M€16.15M=
Current assets29/58€49.67M€62.75M▲
Stocks and contracts in progress3€27.34M€37.15M▲
Stocks30/36€737k€1.48M▲
Goods purchased for resale34€737k€1.48M▲
Contracts in progress37€26.60M€35.67M▲
Amounts receivable within one year40/41€14.56M€20.42M▲
Trade receivables40€13.37M€19.15M▲
Other amounts receivable41€1.19M€1.27M▲
Cash at bank and in hand54/58€7.73M€5.12M▼
Deferred charges and accrued income490/1€43k€56k▲
Equity and liabilities
Total equity and liabilities10/49€65.81M€78.89M▲
Equity10/15€25.92M€28.14M▲
Contributions10/11€3.06M€3.06M=
Capital10€3.06M€3.06M=
Issued capital100€3.06M€3.06M=
Reserves13€22.85M€25.08M▲
Non-distributable reserves130/1€306k€306k=
Legal reserve130€306k€306k=
Tax-exempt reserves132€0-
Distributable reserves133€22.55M€24.77M▲
Amounts payable17/49€39.90M€50.75M▲
Amounts payable within one year42/48€39.88M€50.75M▲
Financial debts43€77k-
Credit institutions430/8€77k-
Trade debts44€10.43M€6.29M▼
Suppliers440/4€10.43M€6.29M▼
Advances received on contracts in progress46€28.02M€42.46M▲
Taxes, remuneration and social security45€1.09M€1.42M▲
Taxes450/3€1.09M€1.42M▲
Other amounts payable47/48€264k€564k▲
Accrued charges and deferred income492/3€15k€4k▼
Income statement
Code20242025
Operating income70/76A€76.24M€44.90M▼
Turnover70€85.75M€38.25M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-9.51M€6.66M▲
Other operating income74€0-
Operating charges60/66A€72.24M€41.91M▼
Goods for resale, raw materials and consumables60€68.58M€36.86M▼
Purchases600/8€68.72M€37.60M▼
Change in stocks: decrease (increase)609€-141k€-747k▼
Services and other goods61€3.66M€4.87M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€186k▲
Other operating charges640/8€375€1k▲
Operating profit (loss)9901€4.00M€2.99M▼
Financial income75/76B€5.99M€83k▼
Recurring financial income75€5.99M€83k▼
Income from current assets751€5.54M€41k▼
Other financial income752/9€450k€42k▼
Financial charges65/66B€674k€119k▼
Recurring financial charges65€674k€119k▼
Debt charges650€61k-
Other financial charges652/9€613k€119k▼
Profit (loss) for the period before taxes9903€9.32M€2.96M▼
Income taxes67/77€1.13M€733k▼
Taxes670/3€1.13M€733k▼
Profit (loss) for the period9904€8.19M€2.23M▼
Transfer from tax-exempt reserves789€421k-
Profit (loss) for the period to be appropriated9905€8.61M€2.23M▼
Appropriation of the result
Profit (loss) to be appropriated9906€8.61M€2.23M▼
Transfer to equity691/2€8.61M€2.23M▼
To other reserves6921€8.61M€2.23M▼
The notes to these accounts (21 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €8.19M ▲669%
Net result €8.19M, the highest in the series.
31-12
Financial
Equity above €25MEq €25.92M ▲46.2%
7 profitable years in a row build equity to €25.92M.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Equity above €10MEq €12.61M ▲40.5%
4 profitable years in a row build equity to €12.61M.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €5MEq €7.84M ▲100%
2 profitable years in a row build equity to €7.84M.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Antwerpen · 1 establishment unit since 2010
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.
Jordaenskaai 242000 AntwerpenGround area
473 m²
Building footprint
410 m²
Volume, LiDAR
8,161 m³
Parcel 11002A1671/00N000, Flanders · tallest building 28.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
POULTEC
since 20102.188.830.041
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A1671/00N000 | Flanders | 473 m² | 1 · 410 m² | 28.9 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Group per the LEI register
1 subsidiary, 1 abroadSubsidiary:VARES S.R.L.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.188.830.041
Legal Entity Identifier
5493009LTVHQA9GRKB98
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Of 806 companies in sector 46610 we hold annual accounts for 566. 69 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-05-2010
Fiscal year end31-12
Activities, NACEBEL
46610Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.