NORMAL SITUATION

POLYAC

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Financial year 2025 · closed on 31/12/2025

Net result

82,1 k €

+1474.3% YoY

Gross margin

164,4 k €

+19.3% YoY

Equity

133,5 k €

+159.8% YoY

Company — Normal situation.

Strike-off: 24 juillet 2026

What does POLYAC do?

POLYAC is a Private company with limited liability incorporated in 1985.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.999.731

Incorporation

24/10/1985

Legal form

Private company with limited liability

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Joint committees (3)

Signals

ProfitableSolid equityGood 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	164,4 k €	+19.3%	137,8 k €	+66.6%	82,7 k €	-16.0%	98,5 k €	+25.3%	78,7 k €	-21.9%	100,7 k €	-22.9%	130,7 k €	+55.1%	84,3 k €	+12.7%	74,8 k €	-15.1%	88,1 k €	-25.7%	118,5 k €	+12.3%	105,5 k €	-4.4%	110,4 k €	-9.2%	121,6 k €	+15.4%	105,4 k €	+19.7%	88 k €	+34.0%	65,7 k €	-15.9%	78,2 k €	+2.4%	76,4 k €	+15.0%	66,4 k €
EBITDA	93,2 k €	+298%	23,4 k €	+163%	-37,1 k €	-128%	-16,3 k €	+28.9%	-22,9 k €	-173%	31,4 k €	-50.2%	63,1 k €	+28.1%	49,3 k €	-1.2%	49,9 k €	-26.1%	67,5 k €	+14.8%	58,8 k €	+28.3%	45,8 k €	-4.9%	48,2 k €	-6.8%	51,7 k €	+24.6%	41,5 k €	+30.0%	32 k €	+254%	9 k €	-54.9%	20 k €	-14.2%	23,3 k €	-50.4%	47 k €
Operating result	82,4 k €	+1792%	-4,9 k €	+92.4%	-64 k €	-65.6%	-38,6 k €	+19.9%	-48,2 k €	-23308%	-206 €	-100%	43,9 k €	+57.4%	27,9 k €	+1.5%	27,4 k €	-33.4%	41,2 k €	+33.4%	30,9 k €	+47.1%	21 k €	-10.0%	23,3 k €	-1.8%	23,8 k €	+21.0%	19,6 k €	+64.8%	11,9 k €	+2572%	446 €	-92.7%	6,1 k €	-44.1%	11 k €	-38.3%	17,8 k €
Net result	82,1 k €	+1474%	-6 k €	+90.7%	-64,3 k €	-63.8%	-39,3 k €	+7.4%	-42,4 k €	-1110%	-3,5 k €	-109%	38,1 k €	+1541%	2,3 k €	-68.0%	7,3 k €	-67.3%	22,2 k €	-11.5%	25,1 k €	+265%	6,9 k €	-65.3%	19,8 k €	+29.6%	15,3 k €	+4.7%	14,6 k €	+150%	5,8 k €	+11.1%	5,3 k €	+80.9%	2,9 k €	+199%	972 €	-91.3%	11,2 k €
Balance sheet
Equity	133,5 k €	+160%	51,4 k €	-10.4%	57,4 k €	-52.9%	121,7 k €	-24.4%	161 k €	-20.9%	203,4 k €	-1.7%	206,9 k €	+22.3%	169,3 k €	+1.4%	166,9 k €	+7.5%	155,2 k €	+16.7%	133,1 k €	+23.2%	108 k €	+6.8%	101,1 k €	+24.3%	81,3 k €	+23.1%	66 k €	+28.4%	51,5 k €	+12.8%	45,6 k €	+9.2%	41,8 k €	+7.5%	38,9 k €	+2.6%	37,9 k €
Total assets	144,8 k €	-9.7%	160,4 k €	-34.9%	246,3 k €	+6.1%	232,2 k €	-4.7%	243,7 k €	-16.9%	293,3 k €	+14.7%	255,7 k €	+11.0%	230,4 k €	-0.5%	231,6 k €	-3.3%	239,4 k €	-9.1%	263,4 k €	+4.4%	252,3 k €	+1.1%	249,5 k €	-1.2%	252,5 k €	-11.1%	284,1 k €	+12.6%	252,4 k €	+142%	104,4 k €	-8.1%	113,6 k €	-11.5%	128,4 k €	-15.2%	151,3 k €
Cash	9,7 k €	-58.3%	23,3 k €	+39.9%	16,7 k €	+100176%	16,6 €	-100.0%	55,3 k €	-33.6%	83,2 k €	+57.5%	52,8 k €	+104%	25,9 k €	+483%	4,4 k €	-88.8%	39,6 k €	-6.9%	42,5 k €	+26.1%	33,7 k €	+13.8%	29,6 k €	+39.7%	21,2 k €	-57.9%	50,4 k €	+960%	4,8 k €	-77.6%	21,2 k €	-33.8%	32 k €	+83.4%	17,5 k €	-52.6%	36,9 k €
Debts	11,3 k €	-86.5%	84 k €	-42.9%	147,2 k €	+73.8%	84,7 k €	+76.5%	48 k €	-9.2%	52,9 k €	+23.2%	42,9 k €	-8.6%	47 k €	-23.9%	61,8 k €	-26.7%	84,2 k €	-35.4%	130,4 k €	-9.6%	144,3 k €	+42.0%	101,6 k €	-12.8%	116,4 k €	-30.3%	167,1 k €	-2.3%	171 k €	+756%	20 k €	+7.4%	18,6 k €	-49.0%	36,4 k €	-43.8%	64,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	-50.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP		–

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Marc Geerinck

Director

Active

Ended mandates

Marc Geerinck

Administrator - manager · since 04 novembre 1985

Ended

Marc Geerinck

Manager · since 04 novembre 1985

Ended

MARC GEERINCK

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	22/06/2026	19/08/2025	26/07/2024	21/08/2023	30/08/2022	07/07/2022
General meeting	24/04/2026	10/07/2025	11/07/2024	05/07/2023	12/07/2022	23/06/2022
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	24/04/2026	22/06/2026	French	PDF
Micro model	31/12/2024	10/07/2025	19/08/2025	French	PDF
Micro model	31/12/2023	11/07/2024	26/07/2024	French	PDF
Micro model	31/12/2022	05/07/2023	21/08/2023	French	PDF
Micro model	31/12/2021	12/07/2022	30/08/2022	French	PDF
Micro modelCorrection	31/12/2020	23/06/2022	07/07/2022	French	PDF
Micro model	31/12/2020	07/06/2021	31/12/2021	French	PDF
Micro model	31/12/2019	06/06/2020	16/12/2020	French	PDF
Micro model	31/12/2018	06/06/2019	16/08/2019	French	PDF
Micro model	31/12/2017	06/06/2018	31/08/2018	French	PDF
Micro model	31/12/2016	06/06/2017	29/08/2017	French	PDF
Abridged model	31/12/2015	20/06/2016	13/08/2016	French	PDF
Abridged model	31/12/2014	20/05/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	30/08/2014	French	PDF
Abridged model	31/12/2012	06/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	10/05/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	09/05/2011	28/08/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	31/05/2009	28/09/2009	French	PDF
Abridged model	31/12/2007	07/06/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	31/05/2007	30/08/2007	French	PDF

Estimate

Indicative valuation

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 · 3 ended

Active mandates

Marc Geerinck

Director

Active

Ended mandates

Marc Geerinck

Administrator - manager · since 04 novembre 1985

Ended

Marc Geerinck

Manager · since 04 novembre 1985

Ended

MARC GEERINCK

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring07/05/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
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 202582,1 k €↑
2024
Annual accounts 2024-6 k €↑
2023
Annual accounts 2023-64,3 k €↓
2022
Annual accounts 2022-39,3 k €↑
2021
Annual accounts 2021-42,4 k €↓
2020
Annual accounts 2020-3,5 k €↓
2019
Annual accounts 201938,1 k €↑
2018
Annual accounts 20182,3 k €↓
2017
Annual accounts 20177,3 k €↓
2016
Annual accounts 201622,2 k €↓
2015
Annual accounts 201525,1 k €↑
2014
Annual accounts 20146,9 k €↓
2013
Annual accounts 201319,8 k €↑
2012
Annual accounts 201215,3 k €↑
2011
Annual accounts 201114,6 k €↑
2010
Annual accounts 20105,8 k €↑
2009
Annual accounts 20095,3 k €↑
2008
Annual accounts 20082,9 k €↑
2007
Annual accounts 2007972 €↓
2006
Annual accounts 200611,2 k €
24/10/1985
IncorporationPrivate company with limited liability

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

POLYAC

Overview

What does POLYAC do?

Trend over 20 financial years

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