ACTIVE

POLYTEC

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Financial year 2025 · closed on 31/12/2025

Net result

10,4 k €

-95.0% YoY

Gross margin

89,3 k €

-49.1% YoY

Equity

3,8 M €

+0.3% YoY

Workforce

1,0 ETP

-33.3% YoY

What does POLYTEC do?

POLYTEC is a Public limited company incorporated in 1989. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Ixelles. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.062.490

Incorporation

31/07/1989

Legal form

Public limited company

Registered office

Avenue Louise 176
1050 Ixelles · BruxellesSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46699Wholesale of other machinery and equipment 46900Non-specialised wholesale trade 46900Non-specialised wholesale trade 51872Air transport 51900Air transport

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy 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	89,3 k €	-49.1%	175,3 k €	+51.9%	115,4 k €	-37.3%	183,9 k €	-57.7%	435,1 k €	+2577%	16,3 k €	+126%	-63,3 k €	-153%	-25 k €	-112%	207,8 k €	+1096%	17,4 k €	-94.8%	335,7 k €	-27.7%	464 k €	+22.0%	380,4 k €	+123%	170,4 k €	-17.4%	206,3 k €	-77.3%	906,7 k €	+139%	378,6 k €	-42.6%	659,1 k €	-9.7%	730,3 k €	+107%	352,5 k €
EBITDA	-10,7 k €	+17.6%	-13 k €	+91.9%	-161 k €	-101%	-80,2 k €	-134%	238,4 k €	+324%	-106,4 k €	+67.6%	-327,8 k €	-13.8%	-288,1 k €	-477%	-49,9 k €	+78.8%	-235,7 k €	-380%	84,3 k €	-60.5%	213,7 k €	+62.6%	131,4 k €	+270%	-77,1 k €	-126%	-34,2 k €	-106%	576 k €	+278%	152,5 k €	-65.1%	436,6 k €	-15.1%	514 k €	+254%	145,4 k €
Operating result	-29 k €	-8.1%	-26,8 k €	+84.7%	-175,6 k €	-85.3%	-94,8 k €	-145%	212,6 k €	+232%	-160,9 k €	+57.0%	-373,8 k €	-12.9%	-331 k €	-258%	-92,6 k €	+66.9%	-279,9 k €	-538%	63,9 k €	-67.1%	193,8 k €	+74.0%	111,4 k €	+202%	-109,1 k €	-17.2%	-93,1 k €	-118%	504,7 k €	+440%	93,4 k €	-75.4%	379,1 k €	-18.9%	467,7 k €	+309%	114,3 k €
Net result	10,4 k €	-95.0%	207,5 k €	+407%	-67,6 k €	+27.1%	-92,8 k €	-144%	210,6 k €	+229%	-163,3 k €	+54.8%	-361,5 k €	-28.5%	-281,3 k €	-788%	40,9 k €	+38.0%	29,6 k €	-75.6%	121,3 k €	-63.6%	333,5 k €	+56.8%	212,8 k €	+698%	26,7 k €	+41.3%	18,9 k €	-95.9%	462,5 k €	+111%	218,8 k €	-46.1%	405,6 k €	-3.6%	420,7 k €	+109%	200,8 k €
Balance sheet
Equity	3,8 M €	+0.3%	3,8 M €	+5.7%	3,6 M €	-1.8%	3,7 M €	-2.5%	3,8 M €	-7.1%	4,1 M €	-14.0%	4,7 M €	-7.1%	5,1 M €	-5.2%	5,4 M €	+0.8%	5,3 M €	+0.6%	5,3 M €	-18.2%	6,5 M €	+5.4%	6,2 M €	+3.6%	5,9 M €	+0.5%	5,9 M €	+0.3%	5,9 M €	+8.5%	5,4 M €	+4.2%	5,2 M €	+8.4%	4,8 M €	+9.6%	4,4 M €
Total assets	3,9 M €	-5.0%	4,1 M €	+9.0%	3,8 M €	-0.5%	3,8 M €	-16.2%	4,5 M €	-4.0%	4,7 M €	-5.7%	5 M €	-5.5%	5,3 M €	-6.6%	5,7 M €	+5.6%	5,4 M €	-20.0%	6,7 M €	+2.1%	6,6 M €	+5.2%	6,3 M €	-3.2%	6,5 M €	+2.0%	6,3 M €	-2.6%	6,5 M €	+7.5%	6,1 M €	+0.4%	6 M €	+8.3%	5,6 M €	+6.0%	5,3 M €
Cash	833,6 k €	+2.1%	816,3 k €	+15.7%	705,5 k €	-5.4%	746 k €	-33.4%	1,1 M €	-67.2%	3,4 M €	+1.3%	3,4 M €	+16.4%	2,9 M €	+52.1%	1,9 M €	+19.9%	1,6 M €	-38.9%	2,6 M €	-3.2%	2,7 M €	+44.7%	1,9 M €	-3.7%	1,9 M €	-12.3%	2,2 M €	-19.7%	2,7 M €	-18.7%	3,4 M €	+0.4%	3,4 M €	+69.4%	2 M €	+39.6%	1,4 M €
Debts	82,8 k €	-72.4%	300 k €	+79.7%	167 k €	+45.4%	114,8 k €	-84.9%	762,5 k €	+14.9%	663,3 k €	+133%	284,9 k €	+33.1%	214 k €	-30.9%	309,8 k €	+529%	49,2 k €	-96.5%	1,4 M €	+1282%	102,8 k €	-5.6%	109 k €	-79.4%	529,8 k €	+22.6%	432 k €	-30.7%	623,5 k €	-1.4%	632,6 k €	-23.4%	825,5 k €	+7.2%	770,2 k €	-12.0%	875,1 k €
Other
Workforce	1,0 ETP	-33.3%	1,5 ETP	-25.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-4.8%	2,1 ETP	-8.7%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 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 · 19 ended

Active mandates

Jacques Jr Van Steenwinkel

Director · since 15 décembre 2023

Active

Ended mandates

Jacques Jr Van Steenwinkel

Managing director · since 10 mai 2022 · until 15 décembre 2023

Ended

Jacques Jr Van Steenwinkel

Managing director · since 10 mai 2022 · until 30 juin 2025

Ended

Jacques Jr Van Steenwinkel

Managing director · since 10 mai 2022 · until 30 juin 2028

Ended

Jacques Van Steenwinkel

Director · since 10 mai 2022 · until 15 décembre 2023

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	17/07/2026	16/07/2025	28/06/2024	05/06/2023	07/06/2022	01/06/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	21/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/05/2026	17/07/2026	French	PDF
Abridged model	31/12/2024	13/05/2025	16/07/2025	French	PDF
Abridged model	31/12/2023	14/05/2024	28/06/2024	French	PDF
Abridged model	31/12/2022	09/05/2023	05/06/2023	French	PDF
Abridged model	31/12/2021	10/05/2022	07/06/2022	French	PDF
Abridged model	31/12/2020	21/05/2021	01/06/2021	French	PDF
Abridged model	31/12/2019	04/06/2020	30/06/2020	French	PDF
Abridged model	31/12/2018	05/06/2019	14/06/2019	French	PDF
Abridged model	31/12/2017	14/06/2018	25/06/2018	French	PDF
Abridged model	31/12/2016	13/06/2017	19/06/2017	French	PDF
Abridged model	31/12/2015	16/06/2016	24/06/2016	French	PDF
Abridged model	31/12/2014	18/06/2015	19/06/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	18/07/2014	French	PDF
Abridged model	31/12/2012	06/06/2013	25/06/2013	French	PDF
Abridged model	31/12/2011	06/06/2012	22/06/2012	French	PDF
Abridged model	31/12/2010	10/05/2011	09/06/2011	French	PDF
Abridged model	31/12/2009	11/05/2010	18/06/2010	French	PDF
Abridged model	31/12/2008	12/05/2009	22/06/2009	French	PDF
Abridged model	31/12/2007	07/05/2008	27/06/2008	French	PDF
Abridged model	31/12/2006	30/05/2007	12/07/2007	French	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 · 19 ended

Active mandates

Jacques Jr Van Steenwinkel

Director · since 15 décembre 2023

Active

Ended mandates

Jacques Jr Van Steenwinkel

Managing director · since 10 mai 2022 · until 15 décembre 2023

Ended

Jacques Jr Van Steenwinkel

Managing director · since 10 mai 2022 · until 30 juin 2025

Ended

Jacques Jr Van Steenwinkel

Managing director · since 10 mai 2022 · until 30 juin 2028

Ended

Jacques Van Steenwinkel

Director · since 10 mai 2022 · until 15 décembre 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates20/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates12/11/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates06/08/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2013
DEMISSIONS, NOMINATIONS
PDF
Other23/07/2009
ASSEMBLEE GENERALE
PDF
Mandates15/10/2007
DEMISSIONS, NOMINATIONS
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 202510,4 k €↓
2024
Annual accounts 2024207,5 k €↑
2023
Annual accounts 2023-67,6 k €↑
2022
Annual accounts 2022-92,8 k €↓
2021
Annual accounts 2021210,6 k €↑
2020
Annual accounts 2020-163,3 k €↑
2019
Annual accounts 2019-361,5 k €↓
2018
Annual accounts 2018-281,3 k €↓
2017
Annual accounts 201740,9 k €↑
2016
Annual accounts 201629,6 k €↓
2015
Annual accounts 2015121,3 k €↓
2014
Annual accounts 2014333,5 k €↑
2013
Annual accounts 2013212,8 k €↑
2012
Annual accounts 201226,7 k €↑
2011
Annual accounts 201118,9 k €↓
2010
Annual accounts 2010462,5 k €↑
2009
Annual accounts 2009218,8 k €↓
2008
Annual accounts 2008405,6 k €↓
2007
Annual accounts 2007420,7 k €↑
2006
Annual accounts 2006200,8 k €
31/07/1989
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

POLYTEC

Overview

What does POLYTEC do?

Trend over 20 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