ACTIVE

CLEM

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
852,5 k €
+126.8% YoY
Gross margin
2,6 M €
+30.6% YoY
Equity
3 M €
+22.5% YoY
Workforce
17,5 ETP
-4.4% YoY

What does CLEM do?

CLEM is a Public limited company incorporated in 1988. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Kortrijk. It employs on average 17,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0434.532.779
Incorporation
03/06/1988
Legal form
Public limited company
Registered office
Spinnerijkaai(Kor) 39
8500 Kortrijk · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Average workforce
17,5 ETP
Activities (NACE)
22210Manufacture of plastic plates, sheets, tubes and profiles· main22210Manufacture of plastic plates, sheets, tubes and profiles22260Manufacture of plastic products22290Manufacture of other plastic products25210Manufacture of central heating radiators and boilers25240Manufacture of tanks, reservoirs and containers of metal
Joint committees (4)
  • 116
  • 11600
  • 207
  • 20700
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin2,6 M €2 M €2,2 M €2 M €2 M €1,8 M €1,7 M €1,8 M €1,5 M €1,3 M €1,3 M €1,1 M €1,4 M €1,3 M €1,4 M €1,4 M €1,2 M €1,3 M €1,2 M €1,3 M €
EBITDA1,3 M €731 k €889,8 k €697,2 k €814 k €609,7 k €394 k €486,8 k €370,2 k €155 k €176,9 k €-26,7 k €95,2 k €109,2 k €223,6 k €245,8 k €107,6 k €116,2 k €276,6 k €181,8 k €
Operating result1,1 M €500,4 k €659,8 k €477 k €655,8 k €526,9 k €252,9 k €407,8 k €280,9 k €51,1 k €67,2 k €-120,1 k €-4,2 k €-16,9 k €87,6 k €109,6 k €21,4 k €8,8 k €101,5 k €87,4 k €
Net result852,5 k €375,9 k €513,1 k €371,1 k €624,3 k €504,4 k €260 k €418,5 k €291,8 k €62 k €70,9 k €-124,6 k €13,3 k €-36,6 k €80,3 k €109,9 k €43 k €-1,6 k €99,8 k €92,7 k €
Balance sheet
Equity3 M €2,5 M €2,1 M €1,7 M €1,4 M €1,2 M €1,2 M €1,1 M €1,1 M €1,1 M €1,1 M €1,3 M €1,4 M €1,4 M €1,5 M €1,4 M €1,3 M €1,3 M €1,3 M €1,2 M €
Total assets3,6 M €3 M €2,7 M €2,9 M €2,9 M €2,2 M €1,7 M €2 M €1,8 M €1,6 M €1,8 M €1,8 M €2,1 M €2,1 M €2,3 M €2,2 M €2 M €1,9 M €2,1 M €1,7 M €
Cash1,8 M €1,1 M €706,8 k €357,8 k €160 k €212,3 k €118 k €288,5 k €95,6 k €49,2 k €158,6 k €342,4 k €412,9 k €473,5 k €633,5 k €658,8 k €502,8 k €367,4 k €593,6 k €534,5 k €
Debts596,2 k €591,4 k €614,6 k €1,2 M €1,5 M €948,5 k €556,2 k €847,5 k €709,6 k €498,3 k €627,4 k €507,9 k €731,7 k €727,7 k €845,3 k €753,3 k €645,1 k €640 k €759,2 k €527,7 k €
Other
Workforce17,5 ETP18,3 ETP20,2 ETP20,4 ETP20,0 ETP24,9 ETP25,7 ETP28,0 ETP23,6 ETP24,7 ETP23,5 ETP25,1 ETP26,5 ETP25,8 ETP25,7 ETP23,8 ETP23,8 ETP25,1 ETP21,7 ETP23,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

An Moerman

Director · since 25 août 2025 · until 30 juin 2031

Active
PolyM³

Managing director · since 01 juillet 2020 · until 01 juillet 2026 · 0505.721.079

Represented by David Verheust

Active

Ended mandates

PolyM³

Managing director · since 01 juillet 2020 · until 01 juillet 2026 · 0505.721.079

Represented by David VERHEUST

Ended
PolyM³

Managing director · since 01 juillet 2020 · until 30 juin 2026 · 0505.721.079

Represented by David VERHEUST

Ended
PolyM³

Managing director · since 01 juillet 2020 · until 01 juillet 2026 · 0505.721.079

Represented by David VERHEUST

Ended
VINCENT VERHEUST CommV

Director · since 01 juillet 2020 · until 01 juillet 2026 · 0578.955.683

Represented by Vincent VERHEUST

Ended
At this address

Other companies at this address

CompanyCBE no.
BTW-eenheid POLYCLEM● Active
1034.269.527
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date03/08/202625/06/202505/07/202420/07/202328/07/202229/07/2021
General meeting30/06/202627/05/202524/06/202430/06/202315/07/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202603/08/2026DutchPDF
Abridged model31/12/202427/05/202525/06/2025DutchPDF
Abridged model31/12/202324/06/202405/07/2024DutchPDF
Abridged model31/12/202230/06/202320/07/2023DutchPDF
Abridged model31/12/202115/07/202228/07/2022DutchPDF
Abridged model31/12/202030/06/202129/07/2021DutchPDF
Abridged model31/12/201930/06/202027/07/2020DutchPDF
Abridged model31/12/201829/06/201925/07/2019DutchPDF
Abridged model31/12/201730/06/201825/07/2018DutchPDF
Abridged model31/12/201630/06/201720/07/2017DutchPDF
Abridged model31/12/201514/10/201625/11/2016DutchPDF
Abridged model31/12/201430/06/201527/07/2015DutchPDF
Abridged model31/12/201317/05/201425/07/2014DutchPDF
Abridged model31/12/201218/05/201324/07/2013DutchPDF
Abridged model31/12/201119/05/201224/07/2012DutchPDF
Abridged model31/12/201021/05/201120/06/2011DutchPDF
Abridged model31/12/200915/05/201015/06/2010DutchPDF
Abridged model31/12/200816/05/200915/06/2009DutchPDF
Abridged model31/12/200717/05/200816/06/2008DutchPDF
Abridged model31/12/200619/05/200718/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 19 ended

Active mandates

An Moerman

Director · since 25 août 2025 · until 30 juin 2031

Active
PolyM³

Managing director · since 01 juillet 2020 · until 01 juillet 2026 · 0505.721.079

Represented by David Verheust

Active

Ended mandates

PolyM³

Managing director · since 01 juillet 2020 · until 01 juillet 2026 · 0505.721.079

Represented by David VERHEUST

Ended
PolyM³

Managing director · since 01 juillet 2020 · until 30 juin 2026 · 0505.721.079

Represented by David VERHEUST

Ended
PolyM³

Managing director · since 01 juillet 2020 · until 01 juillet 2026 · 0505.721.079

Represented by David VERHEUST

Ended
VINCENT VERHEUST CommV

Director · since 01 juillet 2020 · until 01 juillet 2026 · 0578.955.683

Represented by Vincent VERHEUST

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other12/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates27/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/02/2012
    BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/06/2006
    ONTSLAGEN - BENOEMINGEN
    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 2025852,5 k €↑
  2. 2024
    Annual accounts 2024375,9 k €↓
  3. 2023
    Annual accounts 2023513,1 k €↑
  4. 2022
    Annual accounts 2022371,1 k €↓
  5. 2021
    Annual accounts 2021624,3 k €↑
  6. 2020
    Annual accounts 2020504,4 k €↑
  7. 2019
    Annual accounts 2019260 k €↓
  8. 2018
    Annual accounts 2018418,5 k €↑
  9. 2017
    Annual accounts 2017291,8 k €↑
  10. 2016
    Annual accounts 201662 k €↓
  11. 2015
    Annual accounts 201570,9 k €↑
  12. 2014
    Annual accounts 2014-124,6 k €↓
  13. 2013
    Annual accounts 201313,3 k €↑
  14. 2012
    Annual accounts 2012-36,6 k €↓
  15. 2011
    Annual accounts 201180,3 k €↓
  16. 2010
    Annual accounts 2010109,9 k €↑
  17. 2009
    Annual accounts 200943 k €↑
  18. 2008
    Annual accounts 2008-1,6 k €↓
  19. 2007
    Annual accounts 200799,8 k €↑
  20. 2006
    Annual accounts 200692,7 k €
  21. 03/06/1988
    IncorporationPublic limited company