POELAERT INVEST
ActiveSummary
POELAERT INVEST has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24.52M and a net result of €4.77M. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 70% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+3
Solvency89▲+17
Growth66=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €950k at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.17 in 2024; short-term debt: 29.3% and cash: 3.8% of total assets), and 35.7% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
64.3%
Return on assets
12.5%
Age of the figures
9 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
45 d early
2023
41 d early
2022
47 d early
2021
61 d early
2020
71 d early
2019
8 d early
← 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, full schema
Turnover
€9.78M▲ 4.9%
2024 · €9.33M
2018: €7.79M
2019: €7.86M
2020: €7.96M
2021: €8.12M
2022: €8.40M
2023: €9.14M
2024: €9.33M
2018 → 2025
EBIT margin
73.1%▲ 0.9pp
2024 · 72.2%
2018: 66.5%
2019: 66.3%
2020: 65.3%
2021: 66.9%
2022: 66.8%
2023: 71.6%
2024: 72.2%
2018 → 2025
Net result
€4.77M▲ 24.1%
2024 · €3.84M
2018: €1.23M
2019: €1.37M
2020: €1.61M
2021: €1.96M
2022: €2.22M
2023: €3.24M
2024: €3.84M
2018 → 2025
Working capital
€-9.60M▲ 42.0%
2024 · €-16.56M
2018: €7.57M
2019: €5.55M
2020: €5.03M
2021: €3.31M
2022: €-28.22M
2023: €-22.76M
2024: €-16.56M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€8.12M-€8.40M▲ 3.4%€9.14M▲ 8.8%€9.33M▲ 2.1%€9.78M▲ 4.9%
Equity€12.56M-€12.67M▲ 0.9%€15.91M▲ 25.5%€19.75M▲ 24.1%€24.52M▲ 24.1%
Operating result€5.43M-€5.61M▲ 3.3%€6.54M▲ 16.5%€6.73M▲ 2.9%€7.15M▲ 6.2%
Net result€1.96M-€2.22M▲ 13.5%€3.24M▲ 45.5%€3.84M▲ 18.6%€4.77M▲ 24.1%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38.12M
Fixed assets
€36.55M ▼ 5.6%
Current assets
€1.57M ▼ 52.0%
Equity and liabilities €38.12M
Equity
€24.52M ▲ 24.1%
Debt
€13.60M ▼ 38.8%
Debt's share of the balance-sheet total falls from 52.9% to 35.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9.58M▲
2024 · €9.16M
Cash flow
€7.20M▲
2024 · €6.27M
Current ratio
0.14▼
2024 · 0.17
Debt to equity
0.55▼
2024 · 1.13
ROE
19.4%=
2024 · 19.4%
ROA
12.5%▲
2024 · 9.1%
Interest coverage
13.72▲
2024 · 6.01
Debt ≤ 1 year
€11.17M▼
2024 · €19.84M
Income taxes
€1.68M▲
2024 · €1.37M
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€41.97M€38.12M▼
Fixed assets21/28€38.70M€36.55M▼
Tangible fixed assets22/27€38.70M€36.55M▼
Land and buildings22€38.52M€36.10M▼
Plant, machinery and equipment23€98k€84k▼
Assets under construction and advance payments27€81k€364k▲
Current assets29/58€3.28M€1.57M▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€918k€51k▼
Trade receivables40€830k€48k▼
Other amounts receivable41€88k€4k▼
Cash at bank and in hand54/58€2.29M€1.43M▼
Deferred charges and accrued income490/1€69k€91k▲
Equity and liabilities
Total equity and liabilities10/49€41.97M€38.12M▼
Equity10/15€19.75M€24.52M▲
Contributions10/11€12.00M€12.00M=
Capital10€12.00M€12.00M=
Issued capital100€12.00M€12.00M=
Reserves13€1.03M€1.20M▲
Non-distributable reserves130/1€1.03M€1.20M▲
Legal reserve130€1.03M€1.20M▲
Profit (loss) carried forward14€6.72M€11.32M▲
Amounts payable17/49€22.22M€13.60M▼
Amounts payable within one year42/48€19.84M€11.17M▼
Current portion of amounts payable after more than one year42€19.46M€11.11M▼
Trade debts44€316k€3k▼
Suppliers440/4€316k€3k▼
Taxes, remuneration and social security45€12k€7k▼
Taxes450/3€12k€7k▼
Other amounts payable47/48€52k€52k=
Accrued charges and deferred income492/3€2.39M€2.43M▲
Income statement
Code20242025
Operating income70/76A€11.40M€11.87M▲
Turnover70€9.33M€9.78M▲
Other operating income74€1.86M€2.09M▲
Non-recurring operating income76A€223k€0▼
Operating charges60/66A€4.67M€4.72M▲
Services and other goods61€378k€198k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.43M€2.43M=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€1.86M€2.09M▲
Operating profit (loss)9901€6.73M€7.15M▲
Financial income75/76B€7k€0▼
Recurring financial income75€7k€0▼
Income from current assets751€7k€0▼
Financial charges65/66B€1.53M€699k▼
Recurring financial charges65€1.53M€699k▼
Debt charges650€1.52M€698k▼
Other financial charges652/9€510€113▼
Profit (loss) for the period before taxes9903€5.21M€6.45M▲
Income taxes67/77€1.37M€1.68M▲
Taxes670/3€1.37M€1.68M▲
Profit (loss) for the period9904€3.84M€4.77M▲
Profit (loss) for the period to be appropriated9905€3.84M€4.77M▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.91M€11.49M▲
Profit (loss) brought forward from the previous period14P€3.07M€6.72M▲
Transfer to equity691/2€192k€171k▼
To the legal reserve6920€192k€171k▼
The notes to these accounts (42 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €4.77M ▲24.1%
Operating result €7.15M, net result €4.77M, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
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
13 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, Sint-Jans-Molenbeek · 1 establishment unit since 2002
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.
Havenlaan 21080 Sint-Jans-MolenbeekGround area
2.1 ha
Building footprint
1.4 ha
Volume, LiDAR
355,556 m³
2 parcels, Brussels, Flanders · tallest building 51.3 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
POELAERT INVEST NV
since 20022.115.403.318
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0177/00B004 | Brussels | 1.6 ha | 1 · 1.3 ha | 51.3 m · 7 fl. |
| 23094D0031/00L000 | Flanders | 4,522 m² | 1 · 1,237 m² | 19.4 m · 5 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.
Structure & network
Recognitions · licences · registrations
Legal Entity Identifier
549300M1X64GXF6ZYN43
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REALISTIA
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 621 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
Founded20-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.