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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
POLE from Zedelgem, company number BE0479237111, closed financial year 2025 with a result of € 70,247 after tax. For that financial year POLE recorded a gross margin of € 94,406 and equity of € -61,643. Compared with financial year 2024, the result moved from € 81,943 to € 70,247. The company is profitable. 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 October 30, 2025.
€ -61,643
▲ € 70,247 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,247
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 31,844
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -81,143.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 29,414
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,303
▼ 23% vs 2024
€ 14,174 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,414
▲ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,925 | € 62,774 | € 98,641 | € 94,406 | ▼ 4% |
| Profit after taxes | € -278,889 | € 36,649 | € 81,943 | € 70,247 | ▼ 14% |
| Equity | € -250,482 | € -213,833 | € -131,890 | € -61,643 | ▲ € 70,247 |
| Total debts | € 414,680 | € 362,464 | € 325,901 | € 252,240 | ▼ 23% |
| Cash | € 23,604 | € 16,101 | € 23,420 | € 31,844 | ▲ 36% |
| Land & buildings | € 106,337 | € 100,904 | € 95,470 | € 90,037 | ▼ 6% |
| Retained profit | € -269,982 | € -233,333 | € -151,390 | € -81,143 | ▲ € 70,247 |
| Bank debt | € 60,188 | € 48,534 | € 58,951 | € 45,303 | ▼ 23% |
| Balance sheet total | € 170,402 | € 154,271 | € 199,088 | € 195,110 | ▼ 2% |
Key figures of POLE, 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 October 2026.
What happened to POLE?
What happened at POLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 70,247 (▼ 14% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Steven Moulaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 278,889 loss in 2022 to € 70,247 profit in 2025.
Paid € 219 in corporate taxes since 2022.
Best year ever: 2024, with € 81,943 profit.
Management
Behind POLE is Steven Moulaert. Steven Moulaert is also behind LEMOSA.
Directors
According to the 2025 annual accounts
since 2003
Establishments
Establishment units
Physical locations of this company
Eninkveld 9
8210 Zedelgem
Ten Briele 16 box 10
8200 Brugge
Active since 13 January 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.237.111
- VAT number
- BE 0479.237.111
- Registered office
- Eninkveld 9, 8210 Zedelgem
- Names & denominations
- POLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2003
- Peppol
- Active · Active since 8 Aug 2026
- Activities · NACE
Activiteiten van voetbalclubs
Activiteiten van sportclubs en -bonden
Verhuur en lease van sport- en recreatieartikelen
Verhuur van sport- en kampeerartikelen