POLAK
0416.405.558 · rovalta.com · 23/09/2026
ACTIVE
POLAK
Financial year 2025 · closed on 31/12/2025
Net result
3,6 M €
+1441.7% YoY
Gross margin
4,9 M €
+549.0% YoY
Equity
8,3 M €
+24.6% YoY
Workforce
0,0 ETP
Overview
What does POLAK do?
POLAK is a Public limited company incorporated in 1976. Its registered office is in Kortemark.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0416.405.558
Incorporation
02/08/1976
Legal form
Public limited company
Registered office
Hoogledestraat 122 box C
8610 Kortemark · FlandreSee on map
8610 Kortemark · FlandreSee on map
Contributed capital
174 789,35 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (1)
- 111
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 4,9 M € | +549% | 759,7 k € | +8.2% | 701,9 k € | +16.2% | 603,8 k € | -54.0% | 1,3 M € | +10.5% | 1,2 M € | +0.9% | 1,2 M € | – | – | – | – | – | – | – | – | – | – | 681,1 k € | +17.1% | 581,8 k € | |||||||||||
| EBITDA | 4,8 M € | +659% | 635,6 k € | +7.6% | 590,8 k € | +26.3% | 467,6 k € | -54.5% | 1 M € | +13.3% | 906,5 k € | +0.1% | 905,5 k € | +2.7% | 881,9 k € | -23.7% | 1,2 M € | +14.3% | 1 M € | -5.2% | 1,1 M € | +22.3% | 870,7 k € | +14.8% | 758,2 k € | -6.1% | 807,8 k € | -0.1% | 808,4 k € | +73.2% | 466,8 k € | -17.4% | 564,8 k € | +54.2% | 366,2 k € | +37.3% | 266,8 k € |
| Operating result | 4,4 M € | +1409% | 288,8 k € | -14.4% | 337,5 k € | +56.9% | 215,1 k € | -72.1% | 770,8 k € | +38.6% | 556,3 k € | -22.0% | 713,3 k € | +3.6% | 688,2 k € | -28.3% | 960 k € | +19.5% | 803,5 k € | -4.0% | 837,4 k € | +31.7% | 635,8 k € | +25.9% | 505,1 k € | +11.5% | 452,9 k € | +2.7% | 441 k € | +46.1% | 302 k € | -32.2% | 445,4 k € | +247% | 128,2 k € | -16.1% | 152,7 k € |
| Net result | 3,6 M € | +1442% | 235,6 k € | -11.8% | 267 k € | +64.7% | 162,1 k € | -74.0% | 623,5 k € | +37.7% | 452,6 k € | -18.6% | 556,1 k € | -0.6% | 559,2 k € | -19.8% | 697,6 k € | +17.8% | 592,3 k € | +7.2% | 552,6 k € | +115% | 257,1 k € | -36.4% | 404,1 k € | +65.5% | 244,2 k € | -14.8% | 286,6 k € | +44.5% | 198,4 k € | -29.7% | 282,3 k € | +316% | 67,9 k € | -35.5% | 105,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 8,3 M € | +24.6% | 6,6 M € | +3.7% | 6,4 M € | +4.4% | 6,1 M € | +19.3% | 5,1 M € | +9.0% | 4,7 M € | +5.7% | 4,5 M € | +8.7% | 4,1 M € | +9.6% | 3,7 M € | +15.3% | 3,2 M € | +11.8% | 2,9 M € | +11.6% | 2,6 M € | +8.7% | 2,4 M € | +17.4% | 2 M € | +13.6% | 1,8 M € | +19.0% | 1,5 M € | +15.2% | 1,3 M € | +27.5% | 1 M € | +7.1% | 957,7 k € |
| Total assets | 9,9 M € | +31.2% | 7,6 M € | +0.9% | 7,5 M € | -1.5% | 7,6 M € | -8.1% | 8,3 M € | +0.1% | 8,3 M € | +28.1% | 6,5 M € | -0.0% | 6,5 M € | -5.9% | 6,9 M € | +2.9% | 6,7 M € | -3.3% | 6,9 M € | -3.2% | 7,2 M € | -2.7% | 7,3 M € | -2.9% | 7,6 M € | -1.7% | 7,7 M € | +204% | 2,5 M € | +5.1% | 2,4 M € | -4.3% | 2,5 M € | +68.7% | 1,5 M € |
| Cash | 143,8 k € | -75.1% | 577,4 k € | +33.3% | 433,1 k € | +159% | 167,5 k € | +851% | 17,6 k € | +4.9% | 16,8 k € | -7.5% | 18,1 k € | +8.5% | 16,7 k € | +48.0% | 11,3 k € | +4.6% | 10,8 k € | -80.6% | 55,7 k € | +342% | 12,6 k € | +1287% | 909,8 € | -86.7% | 6,8 k € | +27.7% | 5,4 k € | -60.2% | 13,4 k € | +444% | 2,5 k € | -87.0% | 19 k € | -16.6% | 22,7 k € |
| Debts | 1,7 M € | +80.4% | 935,3 k € | -16.3% | 1,1 M € | -24.4% | 1,5 M € | -53.2% | 3,2 M € | -11.7% | 3,6 M € | +77.8% | 2 M € | -15.1% | 2,4 M € | -24.0% | 3,1 M € | -9.1% | 3,4 M € | -14.2% | 4 M € | -11.9% | 4,5 M € | -7.9% | 4,9 M € | -10.3% | 5,5 M € | -6.4% | 5,9 M € | +489% | 998 k € | -6.4% | 1,1 M € | -26.5% | 1,5 M € | +197% | 488,3 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | 0,0 ETP | 0,0 ETP | – | 3,6 ETP | 0.0% | 3,6 ETP | 0.0% | 3,6 ETP | -14.3% | 4,2 ETP | -17.6% | 5,1 ETP | +21.4% | 4,2 ETP | +40.0% | 3,0 ETP | -25.0% | 4,0 ETP | -11.1% | 4,5 ETP | -15.1% | 5,3 ETP | -8.6% | 5,8 ETP | -3.3% | 6,0 ETP | 0.0% | 6,0 ETP | -22.1% | 7,7 ETP | -6.1% | 8,2 ETP | ||||
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 29 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
AD-NEW CO● Active | 0768.648.487 |
BenS● Active | 0887.339.469 |
Constructie Lambrecht● Active | 0407.821.256 |
Extenso● Active | 0644.575.886 |
HOUTLAND BETON● Active | 0474.467.481 |
IBEFRA● Active | 0778.903.763 |
IMMORIEL● Active | 0464.105.903 |
LAMKOR● Active | 0457.255.624 |
LLL IMMO● Active | 1000.246.776 |
| 1004.690.564 | |
Royal Navy Property● Active | 0762.973.492 |
TRANSKOR● Active | 0867.388.846 |
TUBIZE PLASTIQUES● Active | 0462.472.145 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 09/07/2026 | 30/06/2025 | 01/07/2024 | 28/08/2023 | 20/05/2022 | 01/07/2020 |
| General meeting | 30/05/2026 | 31/05/2025 | 25/05/2024 | 27/05/2023 | 29/05/2021 | 30/05/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/05/2026 | 09/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 31/05/2025 | 30/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 25/05/2024 | 01/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 27/05/2023 | 28/08/2023 | Dutch | |
| Abridged model | 31/12/2020 | 29/05/2021 | 20/05/2022 | Dutch | |
| Abridged model | 31/12/2019 | 30/05/2020 | 01/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 25/05/2019 | 28/08/2019 | Dutch | |
| Full model | 31/12/2017 | 26/05/2018 | 22/06/2018 | Dutch | |
| Full model | 31/12/2016 | 17/06/2017 | 30/08/2017 | Dutch | |
| Full model | 31/12/2015 | 28/05/2016 | 29/06/2016 | Dutch | |
| Full model | 31/12/2014 | 30/05/2015 | 17/06/2015 | Dutch | |
| Full model | 31/12/2013 | 31/05/2014 | 30/06/2014 | Dutch | |
| Full model | 31/12/2012 | 25/05/2013 | 16/08/2013 | Dutch | |
| Full model | 31/12/2011 | 26/05/2012 | 20/06/2012 | Dutch | |
| Full model | 31/12/2010 | 28/05/2011 | 29/07/2011 | Dutch | |
| Full model | 31/12/2009 | 29/05/2010 | 11/06/2010 | Dutch | |
| Full model | 31/12/2008 | 30/05/2009 | 16/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 31/05/2008 | 02/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 26/05/2007 | 03/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 29 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates10/11/2025ONTSLAGEN - BENOEMINGEN
- Mandates24/11/2023ONTSLAGEN - BENOEMINGEN
- Mandates31/12/2019STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates14/07/2016ONTSLAGEN - BENOEMINGEN
- Mandates15/02/2010ONTSLAGEN - BENOEMINGEN
- Capital / shares31/10/2005KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20253,6 M €↑
- 2024Annual accounts 2024235,6 k €↓
- 2023Annual accounts 2023267 k €↑
- 2022Annual accounts 2022162,1 k €↓
- 2020Annual accounts 2020623,5 k €↑
- 2019Annual accounts 2019452,6 k €↓
- 2018Annual accounts 2018556,1 k €↓
- 2017Annual accounts 2017559,2 k €↓
- 2016Annual accounts 2016697,6 k €↑
- 2015Annual accounts 2015592,3 k €↑
- 2014Annual accounts 2014552,6 k €↑
- 2013Annual accounts 2013257,1 k €↓
- 2012Annual accounts 2012404,1 k €↑
- 2011Annual accounts 2011244,2 k €↓
- 2010Annual accounts 2010286,6 k €↑
- 2009Annual accounts 2009198,4 k €↓
- 2008Annual accounts 2008282,3 k €↑
- 2007Annual accounts 200767,9 k €↓
- 2006Annual accounts 2006105,4 k €
- 02/08/1976IncorporationPublic limited company