Reverse Polarity
ActiveSummary
Reverse Polarity has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €196,912 and a net result of €53,293. Equity is growing by ~31.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 9559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▲+6
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 9.18 against 12.77 in 2024; short-term debt: 10.8% and cash: 33.1% of total assets), and 10.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
89.2%
Return on assets
24.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 d early
2024
4 d late
2023
27 d late
2021
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 1 February (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€196,912▲ 37.1%
2024 · €143,619
Total assets
€220,676▲ 41.9%
2024 · €155,538
Net result
€53,293▲ 78.9%
2024 · €29,796
Working capital
€194,423▲ 38.6%
2024 · €140,256
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202320242025
Operating result€46,783-€51,668-€31,625▼ 38.8%€67,793▲ 114%
Net result€33,777within the sector's middle half-€35,327within the sector's middle half-€29,796within the sector's middle half▼ 15.7%€53,293above the sector's middle half▲ 78.9%
Equity€33,777within the sector's middle half-€113,824within the sector's middle half-€143,619within the sector's middle half▲ 26.2%€196,912above the sector's middle half▲ 37.1%
Total assets€72,473within the sector's middle half-€155,769within the sector's middle half-€155,538within the sector's middle half▼ 0.1%€220,676within the sector's middle half▲ 41.9%
Debt€38,696-€41,945-€11,919▼ 71.6%€23,764▲ 99.4%
Working capital€33,672within the sector's middle half-€111,696above the sector's middle half-€140,256above the sector's middle half▲ 25.6%€194,423above the sector's middle half▲ 38.6%
Solvency46.6%within the sector's middle half-73.1%within the sector's middle half-92.3%above the sector's middle half▲ 19.3pp89.2%above the sector's middle half▼ 3.1pp
Current ratio1.87within the sector's middle half-3.66within the sector's middle half-12.77above the sector's middle half▲ 9.109.18above the sector's middle half▼ 3.59
Return on assets (ROA)46.6%above the sector's middle half-22.7%within the sector's middle half-19.2%within the sector's middle half▼ 3.5pp24.1%within the sector's middle half▲ 5.0pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 114% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €220,676
Fixed assets
€2,489 ▼ 26.0%
Current assets
€218,187 ▲ 43.4%
Equity and liabilities €220,676
Equity
€196,912 ▲ 37.1%
Debt
€23,764 ▲ 99.4%
Debt's share of the balance-sheet total rises from 7.7% to 10.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€68,667▲
2024 · €34,009
Cash flow
€54,167▲
2024 · €32,180
Debt to equity
0.12▲
2024 · 0.08
ROE
27.1%▲
2024 · 20.7%
Interest coverage
411.18▲
2024 · 159.67
Debt ≤ 1 year
€23,764▲
2024 · €11,919
Income taxes
€14,340▲
2024 · €1,616
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 26,975 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
| Line | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,421 | €1,722 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,724 | €2,384 | €874 | ▼ 63.3% |
| Other operating charges640/8 | - | €1,118 | €1,053 | - | - |
| Non-recurring operating charges66A | - | - | €2,438 | - | - |
| Gross operating margin9900 | €49,164 | €55,932 | €39,222 | €68,667 | ▲ 75.1% |
| Operating profit (loss)9901 | €46,783 | €51,668 | €31,625 | €67,793 | ▲ 114% |
| Financial income75/76B | - | - | - | €7 | - |
| Recurring financial income75 | €1 | - | - | €7 | - |
| Financial charges65/66B | - | €153 | €213 | €167 | ▼ 21.6% |
| Recurring financial charges65 | €24 | €153 | €213 | €167 | ▼ 21.6% |
| Profit (loss) for the period before taxes9903 | €46,760 | €51,516 | €31,412 | €67,633 | ▲ 115% |
| Income taxes67/77 | €12,983 | €16,188 | €1,616 | €14,340 | ▲ 787% |
| Profit (loss) for the period9904 | €33,777 | €35,327 | €29,796 | €53,293 | ▲ 78.9% |
| Profit (loss) for the period to be appropriated9905 | €33,777 | €35,327 | €29,796 | €53,293 | ▲ 78.9% |
| Line | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €72,473 | €155,769 | €155,538 | €220,676 | ▲ 41.9% |
| Fixed assets21/28 | €105 | €2,128 | €3,363 | €2,489 | ▼ 26.0% |
| Tangible fixed assets22/27 | - | €2,023 | €3,258 | €2,384 | ▼ 26.8% |
| Furniture and vehicles24 | - | €2,023 | €3,258 | €2,384 | ▼ 26.8% |
| Financial fixed assets28 | €105 | €105 | €105 | €105 | = |
| Current assets29/58 | €72,368 | €153,641 | €152,175 | €218,187 | ▲ 43.4% |
| Amounts receivable within one year40/41 | €37,280 | €33,909 | €36,981 | €45,227 | ▲ 22.3% |
| Trade receivables40 | - | €29,572 | €26,281 | €42,471 | ▲ 61.6% |
| Other amounts receivable41 | - | €4,337 | €10,700 | €2,756 | ▼ 74.2% |
| Current investments50/53 | - | €100,000 | €100,000 | €100,000 | = |
| Cash at bank and in hand54/58 | €35,088 | €16,701 | €15,194 | €72,960 | ▲ 380% |
| Deferred charges and accrued income490/1 | - | €3,030 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €72,473 | €155,769 | €155,538 | €220,676 | ▲ 41.9% |
| Equity10/15 | €33,777 | €113,824 | €143,619 | €196,912 | ▲ 37.1% |
| Contributions10/11 | - | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €30,000 | €65,000 | €65,000 | €65,000 | = |
| Distributable reserves133 | - | €65,000 | €65,000 | €65,000 | = |
| Profit (loss) carried forward14 | €3,777 | €47,324 | €77,119 | €130,412 | ▲ 69.1% |
| Amounts payable17/49 | €38,696 | €41,945 | €11,919 | €23,764 | ▲ 99.4% |
| Amounts payable within one year42/48 | €38,696 | €41,945 | €11,919 | €23,764 | ▲ 99.4% |
| Trade debts44 | €16,392 | €2,236 | €6,414 | - | - |
| Suppliers440/4 | - | €2,236 | €6,414 | - | - |
| Taxes, remuneration and social security45 | - | €39,709 | €5,505 | €23,764 | ▲ 332% |
| Taxes450/3 | - | €39,709 | €5,505 | €23,764 | ▲ 332% |
| Line | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,777 | €35,327 | €29,796 | €53,293 | ▲ 78.9% |
| + Depreciation and write-downs630 | - | €1,724 | €2,384 | €874 | ▼ 63.3% |
| Operating cash flow (approximation) | €33,777 | €37,051 | €32,180 | €54,167 | ▲ 68.3% |
| Investment in fixed assets (approximation) | - | - | -€3,619 | €0 | ▲ 100% |
| Change in cash | - | - | -€1,507 | €57,766 | ▲ 3,932% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2021net €53,293 ▲78.9%
Operating result €67,793, net result €53,293, both a record.
30-06
Financial
Equity above €150,000Eq €196,912 ▲37.1%
4 profitable years in a row build equity to €196,912.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-06
Financial
Weakest financial yearnet €29,796 ▼15.7%
Net result drops to €29,796, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity triplescurrent ratio 12.77
Current ratio from 3.66 to 12.77; short-term debt falls from €41,945 to €11,919.
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
30-06
Financial
Equity above €100,000Eq €113,824 ▲237%
2 profitable years in a row build equity to €113,824.
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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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, Etterbeek · 1 establishment unit since 2024
Ground area
460 m²
Building footprint
129 m²
Volume, LiDAR
1,912 m³
2 parcels, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
334
companies at this address
See who is registered here
1 establishment unit
REVERSE POLARITY
since 20242.366.573.831
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0542/00B006 | Brussels | 325 m² | 1 · 129 m² | 17.0 m · 5 fl. |
| 21911C0147/00K005 | Brussels | 135 m² | - | - |
Linked by address, not proof of ownership
Good to know
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
Legal Entity Identifier
98450011F7FBF59CDA44
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Of 11,573 companies in sector 71121 we hold annual accounts for 6,569. 5,130 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-06-2020
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
59201Sound recording
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748984015
Also
9925:BE0748984015
Registered
03-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.