Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
POLO CONCEPTS from Ciney, company number BE0421042356, closed financial year 2023 with a result of € -16,452 after tax. For that financial year POLO CONCEPTS recorded revenue of € 17,200 and equity of € -136,917. Compared with financial year 2022, the result moved from € -69,542 to € -16,452. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2024.
€ -136,917
▼ € 16,452 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,452
▲ 76 % less loss than in 2022
Profit after tax over the fiscal year.
€ 338
▼ 86% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -157,368.
People and assets in 2023
€ 320
▼ 50% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 70,992
▲ 24% vs 2022
Loans from banks and other lenders, long and short.
€ 219,878
▲ 27% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 56,276
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | - | - | € 17,200 | |
| Gross margin | - | € -53,377 | € -15,485 | ▲ € 37,892 |
| Profit after taxes | € -392 | € -69,542 | € -16,452 | ▲ € 53,090 |
| Equity | € -59,564 | € -120,465 | € -136,917 | ▼ € 16,452 |
| Total debts | € 319,623 | € 623,824 | € 646,262 | ▲ 4% |
| Cash | € 57 | € 2,391 | € 338 | ▼ 86% |
| Land & buildings | - | € 219,445 | € 219,445 | |
| Retained profit | € -80,015 | € -140,916 | € -157,368 | ▼ € 16,452 |
| Bank debt | € 0 | € 57,403 | € 70,992 | ▲ 24% |
| Balance sheet total | € 260,059 | € 513,359 | € 509,345 | ▼ 1% |
Key figures of POLO CONCEPTS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to POLO CONCEPTS?
What happened at POLO CONCEPTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
POLO CONCEPTS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 16,452. filed late Source: NBB ↗
- New establishment in Courcelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 392 loss in 2021 to € 16,452 loss in 2023.
Paid € 3,954 in corporate taxes since 2021.
Establishments
Establishment units
Physical locations of this company
Rue Martin Morimont 76
5590 Ciney
Rue du Général de Gaulle(CO) 28
6180 Courcelles
Active since 1 December 1980
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.042.356
- VAT number
- BE 0421.042.356
- Registered office
- Rue Martin Morimont 76, 5590 Ciney
- Names & denominations
- POLO CONCEPTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 26 November 1980
- Peppol
- Not registered
- Activities · NACE
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