Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
POLYGONIA from Mouscron, company number BE0538835493, closed financial year 2025 with a result of € -31,240 after tax. For that financial year POLYGONIA recorded revenue of € 28,101 and equity of € -602,339. Compared with financial year 2024, the result moved from € -39,550 to € -31,240. 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 July 5, 2026.
€ -602,339
▼ € 31,240 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,240
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,784
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -620,939.
Debts at end 2025
€ 660,449
▲ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 58,971
▲ € 57,449 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,559
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,000 | € 12,300 | € 582,372 | € 28,101 | ▼ 95% |
| Gross margin | € -95,494 | € -121,904 | € 32,673 | € 9,468 | ▼ 71% |
| Profit after taxes | € -136,758 | € -153,786 | € -39,550 | € -31,240 | ▲ € 8,310 |
| Equity | € -377,762 | € -531,549 | € -571,099 | € -602,339 | ▼ € 31,240 |
| Total debts | € 2,010,724 | € 2,187,577 | € 1,772,808 | € 1,908,652 | ▲ 8% |
| Cash | € 6,995 | € 5,578 | € 3,238 | € 3,784 | ▲ 17% |
| Retained profit | € -396,362 | € -550,149 | € -589,699 | € -620,939 | ▼ € 31,240 |
| Bank debt | € 944,000 | € 944,000 | € 644,000 | € 660,449 | ▲ 3% |
| Balance sheet total | € 1,632,962 | € 1,656,028 | € 1,201,710 | € 1,306,314 | ▲ 9% |
Key figures of POLYGONIA, 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 POLYGONIA?
What happened at POLYGONIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,240. Source: NBB ↗
- New establishment in Grez-Doiceau. KBO
- Start of the company according to the CBE. KBO
In short
From € 136,758 loss in 2022 to € 31,240 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Kasteellaan 184-190
7700 Mouscron
Les Gottes 2
1390 Grez-Doiceau
Active since 23 September 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →WOPRINT
€ 9.6 million revenue · 2025
COMPOSIA
€ 184,542 revenue · 2025
FONCIERE DU HOUBLON
Sambreo
€ -1,176 gross margin · 2025
Foncière Verte Sambre
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0538.835.493
- VAT number
- BE 0538.835.493
- Registered office
- Kasteellaan 184-190, 7700 Mouscron
- Names & denominations
- POLYGONIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 September 2013
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten