ACTIVE

PolyVision

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Financial year 2025 · closed on 31/12/2025
Net result
784,9 k €
+251.0% YoY
Revenue
30,5 M €
-0.2% YoY
Equity
7,7 M €
+3317.6% YoY
Workforce
94,5 ETP
-5.1% YoY

What does PolyVision do?

PolyVision is a Public limited company incorporated in 1984. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Genk. It employs on average 94,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0426.451.194
Incorporation
19/11/1984
Legal form
Public limited company
Registered office
Zuiderring 56
3600 Genk · FlandreSee on map
Contributed capital
7 190 048,78 €
Latest accounts
31/12/2025
Average workforce
94,5 ETP
Activities (NACE)
25510Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy25610Treatment and coating of metals25620Machining28510Manufacture of machinery and equipment n.e.c.28520Manufacture of machinery and equipment n.e.c.
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120192018201720162015201320122010200920082007
Income statement
Revenue30,5 M €30,5 M €30,3 M €41,3 M €35,9 M €31,4 M €30,2 M €28,7 M €30,5 M €31,7 M €27,4 M €27,2 M €22,3 M €23,9 M €25,1 M €28,8 M €
EBITDA1,8 M €2,7 M €2 M €5,8 M €5,7 M €4,1 M €4,4 M €3,4 M €4,6 M €6,6 M €5,1 M €4,7 M €2,9 M €3,1 M €4 M €4,5 M €
Operating result1,3 M €2 M €1,4 M €5,3 M €5 M €3,4 M €3,7 M €2,6 M €3,9 M €6,2 M €4,7 M €4,5 M €2,4 M €2,7 M €3,6 M €4,2 M €
Net result784,9 k €-519,9 k €-260,4 k €2,4 M €2,9 M €2,3 M €2,3 M €1,7 M €2,5 M €4,3 M €3,2 M €2,3 M €1,7 M €2,6 M €3 M €3,3 M €
Balance sheet
Equity7,7 M €-238,5 k €281,4 k €541,8 k €919,5 k €21,3 M €19 M €16,7 M €15 M €25,1 M €19,5 M €16,3 M €8,4 M €21,1 M €18,5 M €15,5 M €
Total assets14,8 M €17,5 M €17,5 M €22,4 M €21 M €26,9 M €25,5 M €24,8 M €20,8 M €31,8 M €26,4 M €23,1 M €16,7 M €30 M €31 M €28,4 M €
Cash1 M €1,1 M €1,8 M €3,2 M €2,8 M €448,6 k €84,3 k €501,3 k €109,4 k €567,2 k €373,7 k €283,4 k €5,1 M €590,3 k €61,2 k €3,5 M €
Debts6,9 M €17 M €17 M €21,3 M €19,1 M €5 M €5,9 M €7,2 M €4,7 M €5,4 M €5,4 M €5,4 M €6,7 M €8,1 M €11,5 M €11,6 M €
Other
Workforce94,5 ETP99,6 ETP108,9 ETP113,6 ETP120,2 ETP124,0 ETP116,4 ETP112,1 ETP112,4 ETP111,9 ETP112,4 ETP108,5 ETP102,3 ETP110,2 ETP109,7 ETP112,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 45 ended

Active mandates

David Young

Director · since 02 juin 2025 · until 30 juin 2030

Active
JENAH

Director · since 09 juin 2024 · until 19 novembre 2026 · 0803.535.429

Represented by Wout Van de Broek

Active
Carl Vanaenrode

Director · since 09 juin 2021 · until 09 juin 2027

Active
Thomas Christogotsis

Director · since 09 juin 2021 · until 09 juin 2027

Active

Ended mandates

Christopher Reiter

Director · since 09 juin 2024 · until 09 juin 2027

Ended
JENAH

Director · since 09 juin 2024 · until 09 juin 2025 · 0803.535.429

Represented by Wout Van de Broek

Ended
Carl Vanaenrode

Director · since 09 juin 2021 · until 09 juin 2024

Ended
Carl Vanaenrode

Director · since 09 juin 2021 · until 11 juin 2024

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/03/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months10 months
Filing date15/07/202622/08/202518/08/202429/08/202323/01/202325/06/2021
General meeting09/06/202610/06/202511/06/202413/06/202314/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

30 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/06/202615/07/2026DutchPDF
Full model31/12/202410/06/202522/08/2025DutchPDF
Full model31/12/202311/06/202418/08/2024DutchPDF
Full model31/12/202213/06/202329/08/2023DutchPDF
Full modelCorrection31/12/202114/06/202223/01/2023DutchPDF
Full model31/12/202114/06/202227/08/2022DutchPDF
Full model31/12/202008/06/202125/06/2021DutchPDF
Full modelCorrection29/02/202014/07/202007/10/2020DutchPDF
Full model29/02/202014/07/202023/07/2020DutchPDF
Full model28/02/201909/07/201919/08/2019DutchPDF
Full model28/02/201810/07/201801/08/2018DutchPDF
Full model28/02/201711/07/201731/08/2017DutchPDF
Full model29/02/201612/07/201626/08/2016DutchPDF
Full model28/02/201514/07/201515/02/2016DutchPDF
Full model28/02/201408/07/201401/08/2014DutchPDF
Full model28/02/201309/07/201320/08/2013DutchPDF
m120-f-p28/02/201309/07/201320/08/2013DutchPDF
Full model29/02/201210/07/201217/09/2012DutchPDF
m120-f-p29/02/201210/07/201217/09/2012DutchPDF
Full model28/02/201112/07/201105/03/2012DutchPDF
m120-f-p28/02/201112/07/201105/03/2012DutchPDF
Full model28/02/201013/07/201013/07/2010DutchPDF
m120-f-p28/02/201013/07/201013/07/2010DutchPDF
Full model28/02/200914/07/200919/08/2009DutchPDF

View all 30 filings

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.

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 · 4 active · 45 ended

Active mandates

David Young

Director · since 02 juin 2025 · until 30 juin 2030

Active
JENAH

Director · since 09 juin 2024 · until 19 novembre 2026 · 0803.535.429

Represented by Wout Van de Broek

Active
Carl Vanaenrode

Director · since 09 juin 2021 · until 09 juin 2027

Active
Thomas Christogotsis

Director · since 09 juin 2021 · until 09 juin 2027

Active

Ended mandates

Christopher Reiter

Director · since 09 juin 2024 · until 09 juin 2027

Ended
JENAH

Director · since 09 juin 2024 · until 09 juin 2025 · 0803.535.429

Represented by Wout Van de Broek

Ended
Carl Vanaenrode

Director · since 09 juin 2021 · until 09 juin 2024

Ended
Carl Vanaenrode

Director · since 09 juin 2021 · until 11 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/12/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ALGEMENE VERGADERING - BOEKJAAR
    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

Timeline

  1. 2025
    Annual accounts 2025784,9 k €↑
  2. 2024
    Annual accounts 2024-519,9 k €↓
  3. 2023
    Annual accounts 2023-260,4 k €↓
  4. 2022
    Annual accounts 20222,4 M €↓
  5. 2021
    Annual accounts 20212,9 M €↑
  6. 2019
    Annual accounts 20192,3 M €↑
  7. 2018
    Annual accounts 20182,3 M €↑
  8. 2017
    Annual accounts 20171,7 M €↓
  9. 2016
    Annual accounts 20162,5 M €↓
  10. 2015
    Annual accounts 20154,3 M €↑
  11. 2013
    Annual accounts 20133,2 M €↑
  12. 2012
    Annual accounts 20122,3 M €↑
  13. 2010
    Annual accounts 20101,7 M €↓
  14. 2009
    Annual accounts 20092,6 M €↓
  15. 2008
    Annual accounts 20083 M €↓
  16. 2007
    Annual accounts 20073,3 M €
  17. 19/11/1984
    IncorporationPublic limited company