Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 8.3 to 4.9.
Financials
Financial year 2025
POLYCONSTRUCT from Vorst, company number BE0440048913, closed financial year 2025 with a result of € -11,138 after tax. For that financial year POLYCONSTRUCT recorded a gross margin of € 177,163 and equity of € 197,052. Compared with financial year 2024, the result moved from € -10,535 to € -11,138. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 197,052
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,138
▼ 6 % more loss than in 2024
Profit after tax over the fiscal year.
€ 33,066
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 159,852.
People and assets in 2025
4.9
▼ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 171,678
▼ 21% vs 2024
€ 35,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 22,070
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8,851
▼ 66% vs 2024
€ 2,599 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 80,230
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,705
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 367,297 | € 281,253 | € 229,283 | € 177,163 | ▼ 23% |
| Profit after taxes | € 9,745 | € 9,441 | € -10,535 | € -11,138 | ▼ € 602 |
| Equity | € 209,284 | € 218,725 | € 208,190 | € 197,052 | ▼ 5% |
| Total debts | € 604,437 | € 452,215 | € 359,652 | € 223,346 | ▼ 38% |
| Cash | € 124,582 | € 30,406 | € 80,552 | € 33,066 | ▼ 59% |
| Retained profit | € 172,084 | € 181,525 | € 170,990 | € 159,852 | ▼ 7% |
| Bank debt | € 287,929 | € 45,213 | € 25,984 | € 8,851 | ▼ 66% |
| Balance sheet total | € 813,720 | € 670,940 | € 567,842 | € 420,398 | ▼ 26% |
| Employees (FTE) | 8.9 | 8.3 | 7.4 | 4.9 | ▼ 2.5 |
Key figures of POLYCONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to POLYCONSTRUCT?
What happened at POLYCONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,138. Source: NBB ↗
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,745 profit in 2022 to € 11,138 loss in 2025.
Paid € 6,101 in corporate taxes since 2022.
Best year ever: 2022, with € 9,745 profit.
On average € 36,200 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind POLYCONSTRUCT is Paul CALLENS. Paul CALLENS is also behind Bureau de mesurage et d'expertise Debont-Callens & associés.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Boergondiëstraat 29
1190 Vorst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.048.913
- VAT number
- BE 0440.048.913
- Registered office
- Boergondiëstraat 29, 1190 Vorst
- Names & denominations
- POLYCONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 1990
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Grondverzet
Bouwrijp maken van terreinen
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige gespecialiseerde werkzaamheden in de bouw
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Bouw van autowegen en andere wegen
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