ACTIVE

POLYMAR

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Financial year 2025 · closed on 31/12/2025

Net result

7,1 k €

-48.9% YoY

Gross margin

218,8 k €

+8.7% YoY

Equity

3,6 M €

+0.2% YoY

Workforce

1,3 ETP

-23.5% YoY

What does POLYMAR do?

POLYMAR is a Private limited company incorporated in 1983. Its registered office is in Brasschaat. It employs on average 1,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.059.641

Incorporation

08/12/1983

Legal form

Private limited company

Registered office

Helleweide 10
2930 Brasschaat · FlandreSee on map

Contributed capital

200 000,00 €

Latest accounts

31/12/2025

Average workforce

1,3 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	218,8 k €	+8.7%	201,3 k €	-77.9%	912,6 k €	+59.7%	571,4 k €	-16.7%	686,2 k €	-67.3%	2,1 M €	+568%	314 k €	-20.3%	394,1 k €	+772%	45,2 k €	-78.4%	209,3 k €	-55.1%	465,6 k €	+8.3%	429,9 k €	+432%	-129,5 k €	+31.1%	-187,8 k €	-167%	279,9 k €	-12.2%	318,7 k €	+499%	53,2 k €	-64.7%	150,5 k €	-82.7%	868 k €	+40.9%	616 k €
EBITDA	41,1 k €	+201%	-40,6 k €	-111%	376,1 k €	+16.7%	322,3 k €	-44.5%	580,9 k €	-71.1%	2 M €	+774%	230,2 k €	-26.4%	313 k €	+1021%	-34 k €	-133%	102,1 k €	-71.2%	355 k €	+11.6%	318,1 k €	+232%	-241,6 k €	+17.1%	-291,4 k €	-271%	170,2 k €	-20.2%	213,3 k €	+489%	-54,9 k €	-351%	21,9 k €	-97.1%	765,3 k €	+40.8%	543,4 k €
Operating result	15 k €	+125%	-61,2 k €	-117%	357,3 k €	+14.7%	311,5 k €	-43.8%	554,4 k €	-72.0%	2 M €	+889%	200 k €	-30.4%	287,4 k €	+588%	-58,9 k €	-164%	92,5 k €	-73.2%	345,3 k €	+12.6%	306,7 k €	+221%	-253,1 k €	+14.1%	-294,6 k €	-4299%	7 k €	-92.7%	95,8 k €	+137%	-258,1 k €	-162%	-98,6 k €	-115%	650,3 k €	+30.3%	499 k €
Net result	7,1 k €	-48.9%	14 k €	-91.9%	172,7 k €	-2.4%	177 k €	-67.0%	537,1 k €	-61.5%	1,4 M €	+1041%	122,3 k €	-40.1%	204,1 k €	+398%	-68,5 k €	-187%	79 k €	-75.1%	317,8 k €	-5.1%	335 k €	+250%	-223,9 k €	-180%	281 k €	+331%	-121,8 k €	-149%	-49 k €	+85.6%	-340,9 k €	-3726%	9,4 k €	-96.1%	244,1 k €	-22.6%	315,3 k €
Balance sheet
Equity	3,6 M €	+0.2%	3,6 M €	+0.4%	3,6 M €	+5.1%	3,4 M €	+5.5%	3,2 M €	+20.0%	2,7 M €	+108%	1,3 M €	+10.5%	1,2 M €	+21.2%	964,3 k €	-6.6%	1 M €	+8.3%	953,9 k €	+50.0%	636 k €	+111%	301 k €	-42.7%	524,9 k €	+115%	244 k €	-33.3%	365,7 k €	-11.8%	414,7 k €	-45.1%	755,6 k €	-43.9%	1,3 M €	+22.1%	1,1 M €
Total assets	3,9 M €	+5.5%	3,7 M €	-15.0%	4,3 M €	+22.6%	3,5 M €	-3.3%	3,6 M €	+4.7%	3,5 M €	+85.6%	1,9 M €	+23.1%	1,5 M €	-0.8%	1,5 M €	+5.5%	1,5 M €	-29.8%	2,1 M €	+31.6%	1,6 M €	+66.0%	946,9 k €	-8.7%	1 M €	-58.6%	2,5 M €	-10.5%	2,8 M €	-4.3%	2,9 M €	-2.8%	3 M €	-26.7%	4,1 M €	+63.8%	2,5 M €
Cash	2,2 M €	-18.4%	2,6 M €	+125%	1,2 M €	-36.1%	1,8 M €	-19.9%	2,3 M €	-15.0%	2,7 M €	+204%	889,6 k €	+82.1%	488,4 k €	-8.0%	531,1 k €	-5.6%	562,5 k €	+23.0%	457,5 k €	-51.9%	951 k €	+429%	179,7 k €	-37.8%	289 k €	+499%	48,3 k €	+1.9%	47,4 k €	-58.1%	113,2 k €	-2.2%	115,8 k €	-64.5%	326,4 k €	-8.2%	355,4 k €
Debts	264,5 k €	+526%	42,2 k €	-94.2%	727,8 k €	+544%	113,1 k €	-72.4%	409,7 k €	-47.0%	773,3 k €	+35.6%	570,1 k €	+62.4%	351 k €	-37.6%	562,8 k €	+34.3%	419,1 k €	-61.8%	1,1 M €	+19.5%	919,1 k €	+42.3%	645,8 k €	+26.0%	512,4 k €	-76.7%	2,2 M €	-6.0%	2,3 M €	-3.5%	2,4 M €	+12.3%	2,2 M €	-21.7%	2,8 M €	+96.2%	1,4 M €
Other
Workforce	1,3 ETP	-23.5%	1,7 ETP	-15.0%	2,0 ETP	+100%	1,0 ETP		–		–		–		–		–		–		1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Burges Le Monte

Director

Active

Ended mandates

Burges Lemonte

Director

Ended

Burges Lemonte

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/03/2026	08/04/2025	03/06/2024	12/06/2023	14/07/2022	08/07/2021
General meeting	06/03/2026	18/03/2025	03/06/2024	05/06/2023	06/06/2022	07/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/03/2026	09/03/2026	Dutch	PDF
Abridged model	31/12/2024	18/03/2025	08/04/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	03/06/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	12/06/2023	Dutch	PDF
Micro model	31/12/2021	06/06/2022	14/07/2022	Dutch	PDF
Micro model	31/12/2020	07/06/2021	08/07/2021	Dutch	PDF
Micro model	31/12/2019	01/06/2020	29/06/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	14/06/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	05/07/2018	Dutch	PDF
Micro model	31/12/2016	05/06/2017	12/07/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	10/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	10/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	15/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	15/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	04/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	05/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Burges Le Monte

Director

Active

Ended mandates

Burges Lemonte

Director

Ended

Burges Lemonte

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/05/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/02/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/01/2009
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares05/02/2008
KAPITAAL - AANDELEN
PDF
Capital / shares23/10/2003
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20257,1 k €↓
2024
Annual accounts 202414 k €↓
2023
Annual accounts 2023172,7 k €↓
2022
Annual accounts 2022177 k €↓
2021
Annual accounts 2021537,1 k €↓
2020
Annual accounts 20201,4 M €↑
2019
Annual accounts 2019122,3 k €↓
2018
Annual accounts 2018204,1 k €↑
2017
Annual accounts 2017-68,5 k €↓
2016
Annual accounts 201679 k €↓
2015
Annual accounts 2015317,8 k €↓
2014
Annual accounts 2014335 k €↑
2013
Annual accounts 2013-223,9 k €↓
2012
Annual accounts 2012281 k €↑
2011
Annual accounts 2011-121,8 k €↓
2010
Annual accounts 2010-49 k €↑
2009
Annual accounts 2009-340,9 k €↓
2008
Annual accounts 20089,4 k €↓
2007
Annual accounts 2007244,1 k €↓
2006
Annual accounts 2006315,3 k €
08/12/1983
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

POLYMAR

Overview

What does POLYMAR do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline