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.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
POLAR CIRCLES from Huldenberg, company number BE0831546257, closed financial year 2025 with a result of € 8,674 after tax. For that financial year POLAR CIRCLES recorded a gross margin of € 9,682 and equity of € -23,822. Compared with financial year 2024, the result moved from € 6,191 to € 8,674. Profitable, and profit is growing. 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 May 26, 2026.
€ -23,822
▲ € 8,674 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,674
▲ 40% vs 2024
Profit after tax over the fiscal year.
€ 2,079
▼ 25% 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 € -36,222.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 982
▲ 189% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 473
▼ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -22,463 | € -6,854 | € 7,276 | € 9,682 | ▲ 33% |
| Profit after taxes | € -25,122 | € -8,457 | € 6,191 | € 8,674 | ▲ 40% |
| Equity | € -30,229 | € -38,686 | € -32,496 | € -23,822 | ▲ € 8,674 |
| Total debts | € 45,737 | € 47,768 | € 40,914 | € 30,061 | ▼ 27% |
| Cash | € 7,491 | € 3,064 | € 2,771 | € 2,079 | ▼ 25% |
| Retained profit | € -42,629 | € -51,086 | € -44,896 | € -36,222 | ▲ € 8,674 |
| Bank debt | € 14,793 | € 4,395 | € 0 | € 0 | |
| Balance sheet total | € 15,508 | € 9,082 | € 8,419 | € 6,240 | ▼ 26% |
Key figures of POLAR CIRCLES, 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 POLAR CIRCLES?
What happened at POLAR CIRCLES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,674 (▲ 40% vs 2024). Source: NBB ↗
- New establishment in Huldenberg. KBO
- Julie Brown became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 25,122 loss in 2022 to € 8,674 profit in 2025.
Paid € 189 in corporate taxes since 2022.
Best year ever: 2025, with € 8,674 profit.
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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
Directors
According to the 2025 annual accounts
Julie Brown
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Kafmaasberg 4
3040 Huldenberg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0831.546.257
- VAT number
- BE 0831.546.257
- Registered office
- Kafmaasberg 4, 3040 Huldenberg
- Names & denominations
- POLAR CIRCLES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2010
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
Activiteiten van reisbureaus
Activiteiten van toeristische informatiediensten
Productie van video en film, muv bioscoop- en televisiefilms
Organisatie van congressen en beurzen
Activiteiten van reclamebureaus
Overige dienstverlenende activiteiten op het gebied van informatie
Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.