ACTIVE

BOREALIS KALLO

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Financial year 2025 · closed on 31/12/2025

Net result

9 M €

+222.4% YoY

Revenue

163,8 M €

-1.1% YoY

Equity

340,5 M €

+2.7% YoY

Workforce

320,2 ETP

-3.3% YoY

What does BOREALIS KALLO do?

BOREALIS KALLO is a Public limited company incorporated in 1987. Its main activity is: Manufacture of plastics in primary forms. Its registered office is in Beringen. It employs on average 320,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0432.746.692

Incorporation

10/12/1987

Legal form

Public limited company

Registered office

Industrieweg 148
3583 Beringen · FlandreSee on map

Contributed capital

290 575 176,24 €

Latest accounts

31/12/2025

Average workforce

320,2 ETP

Activities (NACE)

20160Manufacture of plastics in primary forms· main 20160Manufacture of plastics in primary forms 24160Manufacture of basic iron and steel and of ferro-alloys

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	163,8 M €	-1.1%	165,5 M €	+12.2%	147,5 M €	+27.0%	116,1 M €	+7.0%	108,5 M €	+30.6%	83,1 M €	+2.9%	80,7 M €	+3.5%	78 M €	+22.7%	63,6 M €	+18.4%	53,7 M €	+2.1%	52,6 M €	+5.4%	49,9 M €	-5.3%	52,6 M €	-1.2%	53,3 M €	+0.5%	53 M €	+19.1%	44,5 M €	+8.5%	41 M €	-4.2%	42,8 M €	-13.1%	49,3 M €
EBITDA	77,7 M €	+4.6%	74,3 M €	+28.4%	57,9 M €	+54.0%	37,6 M €	+5.7%	35,5 M €	+29.3%	27,5 M €	-2.7%	28,3 M €	+11.2%	25,4 M €	+17.8%	21,6 M €	+79.2%	12 M €	+6.9%	11,3 M €	+2.0%	11 M €	-13.9%	12,8 M €	-1.5%	13 M €	+12.5%	11,6 M €	+7.5%	10,8 M €	+26.6%	8,5 M €	-10.1%	9,5 M €	+3.8%	9,1 M €
Operating result	60,3 M €	+69.7%	35,5 M €	+15.5%	30,8 M €	+137%	13 M €	+23.3%	10,5 M €	+43.4%	7,3 M €	+106%	3,6 M €	-8.1%	3,9 M €	+19.1%	3,3 M €	+9.1%	3 M €	+42.1%	2,1 M €	-25.9%	2,8 M €	-2.5%	2,9 M €	-3.8%	3 M €	+8.0%	2,8 M €	-15.3%	3,3 M €	+197%	1,1 M €	-40.8%	1,9 M €	+11.1%	1,7 M €
Net result	9 M €	+222%	-7,3 M €	-299%	3,7 M €	+17.7%	3,1 M €	+8.0%	2,9 M €	+16.4%	2,5 M €	+31.8%	1,9 M €	-19.3%	2,3 M €	+22.2%	1,9 M €	-4.2%	2 M €	+264%	-1,2 M €	-146%	2,6 M €	+12.6%	2,3 M €	-4.3%	2,5 M €	+0.7%	2,4 M €	-19.6%	3 M €	+89.5%	1,6 M €	+44.1%	1,1 M €	-34.9%	1,7 M €
Balance sheet
Equity	340,5 M €	+2.7%	331,6 M €	-2.2%	338,9 M €	+1.1%	335,2 M €	+0.8%	332,4 M €	+318%	79,5 M €	+3.2%	77 M €	+2.5%	75,1 M €	+9.2%	68,8 M €	+2.9%	66,8 M €	+3.1%	64,8 M €	-1.9%	66,1 M €	+4.2%	63,4 M €	+3.8%	61,1 M €	+4.2%	58,6 M €	+4.3%	56,2 M €	+5.7%	53,2 M €	+3.1%	51,6 M €	+2.2%	50,5 M €
Total assets	2,1 Md €	+18.3%	1,7 Md €	+24.0%	1,4 Md €	+29.7%	1,1 Md €	+21.6%	888,6 M €	+61.4%	550,5 M €	+135%	233,8 M €	+124%	104,1 M €	-13.9%	121 M €	+20.0%	100,8 M €	+24.8%	80,7 M €	-1.6%	82,1 M €	-4.2%	85,7 M €	+8.9%	78,7 M €	+7.4%	73,3 M €	-3.5%	75,9 M €	+10.3%	68,9 M €	+3.9%	66,3 M €	-6.0%	70,5 M €
Cash	800,7 k €	-47.8%	1,5 M €	-19.2%	1,9 M €	-67.8%	5,9 M €	+1.1%	5,8 M €	+0.6%	5,8 M €	-44.6%	10,5 M €	+5065%	202,6 k €	+35.9%	149,1 k €	-94.8%	2,9 M €	+6311%	44,8 k €	+49.2%	30,1 k €	-12.4%	34,3 k €	+369%	7,3 k €	-69.6%	24,1 k €	-35.9%	37,5 k €	+51.3%	24,8 k €	-64.0%	68,8 k €	-55.0%	152,9 k €
Debts	1,7 Md €	+23.0%	1,4 Md €	+31.5%	1 Md €	+42.1%	737,3 M €	+34.3%	549 M €	+18.2%	464,6 M €	+207%	151,3 M €	+519%	24,5 M €	-51.4%	50,3 M €	+52.3%	33 M €	+115%	15,4 M €	-2.2%	15,7 M €	+6.2%	14,8 M €	+32.7%	11,2 M €	+0.2%	11,1 M €	-13.7%	12,9 M €	+29.5%	10 M €	-10.0%	11,1 M €	-36.5%	17,4 M €
Other
Workforce	320,2 ETP	-3.3%	331,1 ETP	+2.5%	323,0 ETP	+0.8%	320,5 ETP	+2.2%	313,7 ETP	+8.8%	288,3 ETP	+25.2%	230,2 ETP	+14.6%	200,8 ETP	+10.0%	182,6 ETP	+4.3%	175,0 ETP	+0.7%	173,7 ETP	-0.3%	174,3 ETP	-9.4%	192,3 ETP	+4.7%	183,6 ETP	+8.4%	169,3 ETP	+2.7%	164,8 ETP	+0.2%	164,5 ETP	-0.8%	165,8 ETP	-3.4%	171,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

Louis Desal

Director · since 01 octobre 2023 · until 08 mai 2029

Active

Wim De Smet

Director · since 27 septembre 2022 · until 09 mai 2028

Active

Thomas Van De Velde

Director · since 17 octobre 2014 · until 12 mai 2026

Active

Ended mandates

Wolfram Krenn

Director · since 13 septembre 2021 · until 15 janvier 2024

Ended

Wolfram Krenn

Director · since 13 septembre 2021 · until 11 mai 2027

Ended

Klaartje Vermeulen

Director · since 11 mai 2021 · until 13 septembre 2021

Ended

Tom Geerts

Director · since 24 janvier 2020 · until 27 septembre 2022

Ended

At this address

Other companies at this address

Company	CBE no.
BOREALIS ANTWERPEN● Active	0472.876.879
Borealis Club● Active	0434.912.663
BOREALIS POLYMERS● Active	0457.665.893

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	11/06/2026	10/06/2025	13/06/2024	22/05/2023	25/10/2022	08/06/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	13/06/2022	11/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/05/2026	11/06/2026	Dutch	PDF
Full model	31/12/2024	13/05/2025	10/06/2025	Dutch	PDF
Full model	31/12/2023	14/05/2024	13/06/2024	Dutch	PDF
Full model	31/12/2022	09/05/2023	22/05/2023	Dutch	PDF
Full modelCorrection	31/12/2021	13/06/2022	25/10/2022	Dutch	PDF
Full model	31/12/2021	13/06/2022	16/06/2022	Dutch	PDF
Full model	31/12/2020	11/05/2021	08/06/2021	Dutch	PDF
Full model	31/12/2019	12/05/2020	11/06/2020	Dutch	PDF
Full model	31/12/2018	14/05/2019	13/06/2019	Dutch	PDF
Full model	31/12/2017	08/05/2018	31/05/2018	Dutch	PDF
Full model	31/12/2016	09/05/2017	26/06/2017	Dutch	PDF
Full model	31/12/2015	10/05/2016	06/06/2016	Dutch	PDF
Full model	31/12/2014	12/05/2015	08/06/2015	Dutch	PDF
Full model	31/12/2013	13/05/2014	12/06/2014	Dutch	PDF
Full model	31/12/2012	14/05/2013	11/06/2013	Dutch	PDF
Full model	31/12/2011	08/05/2012	07/06/2012	Dutch	PDF
Full model	31/12/2010	10/05/2011	07/06/2011	Dutch	PDF
Full model	31/12/2009	11/05/2010	01/06/2010	Dutch	PDF
Full model	31/12/2008	12/05/2009	11/06/2009	Dutch	PDF
Full model	31/12/2007	13/05/2008	29/05/2008	Dutch	PDF
Full model	31/12/2006	08/05/2007	08/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 active · 29 ended

Active mandates

Louis Desal

Director · since 01 octobre 2023 · until 08 mai 2029

Active

Wim De Smet

Director · since 27 septembre 2022 · until 09 mai 2028

Active

Thomas Van De Velde

Director · since 17 octobre 2014 · until 12 mai 2026

Active

Ended mandates

Wolfram Krenn

Director · since 13 septembre 2021 · until 15 janvier 2024

Ended

Wolfram Krenn

Director · since 13 septembre 2021 · until 11 mai 2027

Ended

Klaartje Vermeulen

Director · since 11 mai 2021 · until 13 septembre 2021

Ended

Tom Geerts

Director · since 24 janvier 2020 · until 27 septembre 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/06/2026
DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
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

12/05/2026
reconductionThomas Van De Velde — bestuurder
12/05/2026
nominationHerwig Carmans — commissaris (vaste vertegenwoordiger)
2025
Annual accounts 20259 M €↑
2024
Annual accounts 2024-7,3 M €↓
2023
Annual accounts 20233,7 M €↑
01/10/2023
nominationDesal Louis — bestuurder
09/05/2023
nominationHerwig Carmans — commissaris (vaste vertegenwoordiger)
2022
Annual accounts 20223,1 M €↑
27/09/2022
nominationDE SMET Wim — bestuurder
13/06/2022
nominationPwC Bedrijfsrevisoren — commissaris
13/06/2022
nominationPeter Van den Eynde — vertegenwoordiger (commissaris)
2021
Annual accounts 20212,9 M €↑
2020
Annual accounts 20202,5 M €↑
2019
Annual accounts 20191,9 M €↓
2018
Annual accounts 20182,3 M €↑
2017
Annual accounts 20171,9 M €↓
2016
Annual accounts 20162 M €↑
2015
Annual accounts 2015-1,2 M €↓
2014
Annual accounts 20142,6 M €↑
2013
Annual accounts 20132,3 M €↓
2012
Annual accounts 20122,5 M €↑
2011
Annual accounts 20112,4 M €↓
2010
Annual accounts 20103 M €↑
2009
Annual accounts 20091,6 M €↑
2008
Annual accounts 20081,1 M €↓
2007
Annual accounts 20071,7 M €
10/12/1987
IncorporationPublic 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

BOREALIS KALLO

Overview

What does BOREALIS KALLO do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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