ACTIVE

POLYTEX

Financial year 2025 · closed on 31/12/2025
Net result
284,7 k €
-44.4% YoY
Gross margin
4,5 M €
+10.7% YoY
Equity
3,4 M €
+8.9% YoY
Workforce
55,6 ETP
+13.9% YoY

What does POLYTEX do?

POLYTEX is a Public limited company incorporated in 1992. Its main activity is: Architectural and engineering activities; technical testing and analysis. Its registered office is in Eupen. It employs on average 55,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.820.305
Incorporation
06/03/1992
Legal form
Public limited company
Registered office
Industriestrasse 15
4700 Eupen · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
55,6 ETP
Joint committees (3)
  • 110
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin4,5 M €4,1 M €3,8 M €2,1 M €2 M €1,7 M €1,7 M €1,7 M €1,5 M €1,4 M €1,4 M €1,2 M €1,2 M €970,1 k €972,9 k €1 M €807,9 k €779,2 k €
EBITDA1,7 M €1,6 M €1,6 M €1,1 M €1,1 M €822,7 k €825,9 k €822 k €682,4 k €608 k €659,1 k €509,1 k €552,1 k €361,1 k €371,8 k €426,9 k €379,1 k €354,9 k €
Operating result403,4 k €722,4 k €813,9 k €668,2 k €617,7 k €45,1 k €149,2 k €121,9 k €122,9 k €44,9 k €132,7 k €64,5 k €122,3 k €-64,9 k €36,5 k €115,3 k €139 k €135,4 k €
Net result284,7 k €512,1 k €747,8 k €596,6 k €462,5 k €8,8 k €86 k €72,4 k €73,9 k €-12,3 k €22,2 k €-1,4 k €46,2 k €-117 k €1,7 k €7,6 k €89,6 k €81,3 k €
Balance sheet
Equity3,4 M €3,2 M €2,7 M €1,9 M €1,3 M €636,2 k €631,6 k €557,1 k €497,2 k €439,5 k €424,7 k €426,7 k €438,8 k €379 k €463,5 k €409,5 k €402 k €317,4 k €
Total assets7,6 M €6,6 M €5,4 M €3,1 M €2,4 M €2,9 M €2,8 M €2,9 M €2,7 M €2,9 M €2,7 M €2,5 M €2,6 M €2,6 M €1,8 M €1,7 M €976,4 k €883,7 k €
Cash323 k €249,1 k €256,4 k €141,1 k €91,5 k €84,7 k €52,5 k €11,1 k €8,9 k €19,1 k €15,8 k €25 k €44,5 k €108,3 k €52,6 k €23,9 k €43,8 k €20,3 k €
Debts4,1 M €3,4 M €2,7 M €1,2 M €1,1 M €2,2 M €2,2 M €2,4 M €2,2 M €2,4 M €2,3 M €2,1 M €2,1 M €2,2 M €1,3 M €1,3 M €566 k €558,1 k €
Other
Workforce55,6 ETP48,8 ETP46,4 ETP20,2 ETP19,4 ETP20,7 ETP20,3 ETP20,5 ETP19,1 ETP17,9 ETP17,3 ETP16,3 ETP15,2 ETP15,6 ETP15,7 ETP15,4 ETP11,2 ETP10,1 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 · 4 active · 15 ended

Active mandates

ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS

Director · 0437.216.117

Represented by Schlembach Isabel

Active
Olivier Egyptien

Director

Active
Philipp Egyptien

Managing director

Active
Pierre Egyptien

Director

Active

Ended mandates

ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS

Director · since 25 janvier 2023 · until 25 janvier 2029 · 0437.216.117

Represented by Isabelle Schlembach

Ended
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS

Director · since 25 janvier 2023 · until 26 janvier 2029 · 0437.216.117

Represented by Schlembach ISABELLE

Ended
Olivier Egyptien

Director · since 25 janvier 2023 · until 25 janvier 2029

Ended
Olivier Egyptien

Director · since 25 janvier 2023 · until 26 janvier 2029

Ended
At this address

Other companies at this address

CompanyCBE no.
IMMO - ROHSActive
0449.116.334
0448.346.272
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 date01/07/202627/06/202503/07/202430/06/202314/07/202230/06/2021
General meeting25/06/202626/06/202527/06/202429/06/202330/06/202224/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202601/07/2026FrenchPDF
Abridged model31/12/202426/06/202527/06/2025FrenchPDF
Abridged model31/12/202327/06/202403/07/2024FrenchPDF
Abridged model31/12/202229/06/202330/06/2023FrenchPDF
Abridged model31/12/202130/06/202214/07/2022FrenchPDF
Abridged model31/12/202024/06/202130/06/2021FrenchPDF
Abridged model31/12/201925/06/202030/06/2020FrenchPDF
Abridged model31/12/201827/06/201928/06/2019FrenchPDF
Abridged model31/12/201728/06/201826/07/2018FrenchPDF
Abridged model31/12/201629/06/201702/08/2017FrenchPDF
Abridged model31/12/201530/06/201601/07/2016FrenchPDF
Abridged model31/12/201425/06/201502/07/2015FrenchPDF
Abridged model31/12/201326/06/201408/07/2014FrenchPDF
Abridged model31/12/201227/06/201310/07/2013FrenchPDF
Abridged model31/12/201128/06/201227/08/2012FrenchPDF
Abridged model31/12/201030/06/201129/07/2011FrenchPDF
Abridged model31/12/200924/06/201025/06/2010FrenchPDF
Abridged model31/12/200825/06/200926/06/2009FrenchPDF
Abridged model31/12/200726/06/200827/06/2008FrenchPDF
Abridged model31/12/200628/06/200703/07/2007FrenchPDF
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 · 4 active · 15 ended

Active mandates

ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS

Director · 0437.216.117

Represented by Schlembach Isabel

Active
Olivier Egyptien

Director

Active
Philipp Egyptien

Managing director

Active
Pierre Egyptien

Director

Active

Ended mandates

ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS

Director · since 25 janvier 2023 · until 25 janvier 2029 · 0437.216.117

Represented by Isabelle Schlembach

Ended
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS

Director · since 25 janvier 2023 · until 26 janvier 2029 · 0437.216.117

Represented by Schlembach ISABELLE

Ended
Olivier Egyptien

Director · since 25 janvier 2023 · until 25 janvier 2029

Ended
Olivier Egyptien

Director · since 25 janvier 2023 · until 26 janvier 2029

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring13/02/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring22/12/2022
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Mandates15/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/09/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Other17/01/2013
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates06/08/2007
    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

Timeline

  1. 2025
    Annual accounts 2025284,7 k €
  2. 2024
    Annual accounts 2024512,1 k €
  3. 2023
    Annual accounts 2023747,8 k €
  4. 2022
    Annual accounts 2022596,6 k €
  5. 2021
    Annual accounts 2021462,5 k €
  6. 2018
    Annual accounts 20188,8 k €
  7. 2017
    Annual accounts 201786 k €
  8. 2016
    Annual accounts 201672,4 k €
  9. 2015
    Annual accounts 201573,9 k €
  10. 2014
    Annual accounts 2014-12,3 k €
  11. 2013
    Annual accounts 201322,2 k €
  12. 2012
    Annual accounts 2012-1,4 k €
  13. 2011
    Annual accounts 201146,2 k €
  14. 2010
    Annual accounts 2010-117 k €
  15. 2009
    Annual accounts 20091,7 k €
  16. 2008
    Annual accounts 20087,6 k €
  17. 2007
    Annual accounts 200789,6 k €
  18. 2006
    Annual accounts 200681,3 k €
  19. 06/03/1992
    IncorporationPublic limited company