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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Polat Group from Genk, company number BE0782649349, closed financial year 2025 with a result of € 7,274 after tax. For that financial year Polat Group recorded a gross margin of € 36,040 and equity of € 78,199. Compared with financial year 2024, the result moved from € 12,354 to € 7,274. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 78,199
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,274
▼ 41% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 41,761.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 3,129
Loans from banks and other lenders, long and short.
€ 11,470
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,456
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,714 | € 35,498 | € 17,853 | € 36,040 | ▲ 102% |
| Profit after taxes | € -2,853 | € 26,704 | € 12,354 | € 7,274 | ▼ 41% |
| Equity | € 25,147 | € 51,851 | € 62,487 | € 78,199 | ▲ 25% |
| Total debts | € 19,454 | € 16,961 | € 62,554 | € 150,189 | ▲ 140% |
| Cash | € 1,105 | € 1,691 | € 29,224 | - | |
| Land & buildings | - | - | - | € 118,609 | |
| Retained profit | € -2,853 | € 23,851 | € 34,487 | € 41,761 | ▲ 21% |
| Dividend | € 0 | € 0 | € 1,718 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 0 | € 3,129 | |
| Balance sheet total | € 44,601 | € 68,812 | € 125,042 | € 231,201 | ▲ 85% |
Key figures of Polat Group, 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 Polat Group?
What happened at Polat Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,274 (▼ 41% vs 2024). filed late Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,853 loss in 2022 to € 7,274 profit in 2025.
Paid € 12,558 in corporate taxes since 2022.
Best year ever: 2023, with € 26,704 profit.
Paid out € 1,718 in dividends to the owners in total.
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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 Polat Group is Hasan Polat. Hasan Polat is also behind EKP GROUP.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Winterslagstraat 20
3600 Genk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0782.649.349
- VAT number
- BE 0782.649.349
- Registered office
- Winterslagstraat 20, 3600 Genk
- Names & denominations
- Polat Group · Polat Home Design
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2022
- Peppol
- Active · Active since 3 Mar 2024
- Activities · NACE
Detailhandel in elektrische huishoudapparaten
Detailhandel in andere huishoudelijke artikelen, neg
Detailhandel in huishoudtextiel en beddengoed
Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen
Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.
Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen in gespecialiseerde winkels