ACTIVE

POLYDECK

Financial year 2025 · closed on 31/12/2025
Net result
25,7 k €
-40.1% YoY
Gross margin
628,4 k €
+41.1% YoY
Equity
632,9 k €
+4.2% YoY
Workforce
8,7 ETP
+42.6% YoY

What does POLYDECK do?

POLYDECK is a Public limited company incorporated in 1992. Its registered office is in Destelbergen. It employs on average 8,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.846.336
Incorporation
16/03/1992
Legal form
Public limited company
Registered office
Dendermondesteenweg 721
9070 Destelbergen · FlandreSee on map
Contributed capital
162 500,00 €
Latest accounts
31/12/2025
Average workforce
8,7 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212006
Income statement
Gross margin628,4 k €445,4 k €523,6 k €354,5 k €370,9 k €376,4 k €
EBITDA126,4 k €138,6 k €213,9 k €85,4 k €75,6 k €27,2 k €
Operating result49,8 k €68,8 k €155,1 k €48,4 k €20,2 k €14,4 k €
Net result25,7 k €42,9 k €136,9 k €33,2 k €10,9 k €13,6 k €
Balance sheet
Equity632,9 k €607,2 k €606,6 k €575,9 k €596,7 k €398,6 k €
Total assets1,1 M €1,1 M €1,2 M €1,1 M €1,1 M €591,8 k €
Cash127,4 k €130,9 k €54,4 k €99,6 k €200,9 k €162,2 k €
Debts449,6 k €475,7 k €585,1 k €520,7 k €488,6 k €193,2 k €
Other
Workforce8,7 ETP6,1 ETP6,3 ETP5,9 ETP8,4 ETP11,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 17 ended

Active mandates

M.S.D.W.

Bestuurder · since 04 juillet 2023 · until 04 juillet 2029 · 0460.088.717

Represented by Ivan DE WILDE

Active
MUvana

Gedelegeerd bestuurder · since 04 juillet 2023 · until 04 juillet 2029 · 0760.388.443

Represented by Filip Van Acker

Active

Ended mandates

M.S.D.W.

Bestuurder · since 09 mai 2022 · until 08 mai 2028 · 0460.088.717

Represented by Ivan DE WILDE

Ended
MUvana

Gedelegeerd bestuurder · since 09 mai 2022 · until 08 mai 2028 · 0760.388.443

Represented by Filip Van Acker

Ended
MUvana

Managing director · since 22 décembre 2020 · until 09 mai 2022 · 0760.388.443

Represented by Filip Van Acker

Ended
MUvana CommV

Gedelegeerd bestuurder · since 22 décembre 2020 · until 09 mai 2022

Represented by Filip Van Acker

Ended
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 date08/06/202621/05/202525/06/202429/06/202309/06/202220/05/2021
General meeting11/05/202612/05/202513/05/202407/06/202309/05/202210/05/2021
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 model31/12/202511/05/202608/06/2026DutchPDF
Abridged model31/12/202412/05/202521/05/2025DutchPDF
Abridged model31/12/202313/05/202425/06/2024DutchPDF
Abridged model31/12/202207/06/202329/06/2023DutchPDF
Abridged model31/12/202109/05/202209/06/2022DutchPDF
Abridged model31/12/202010/05/202120/05/2021DutchPDF
Abridged model31/12/201908/09/202021/09/2020DutchPDF
Abridged model31/12/201813/05/201916/05/2019DutchPDF
Abridged model31/12/201714/05/201818/07/2018DutchPDF
Abridged model31/12/201608/05/201726/06/2017DutchPDF
Abridged model31/12/201509/05/201625/08/2016DutchPDF
Abridged model31/12/201411/05/201501/06/2015DutchPDF
Abridged model31/12/201312/05/201410/07/2014DutchPDF
Abridged model31/12/201213/05/201327/06/2013DutchPDF
Abridged model31/12/201114/05/201220/07/2012DutchPDF
Abridged model31/12/201009/05/201130/05/2011DutchPDF
Abridged model31/12/200910/05/201012/05/2010DutchPDF
Abridged model31/12/200812/06/200925/06/2009DutchPDF
Abridged model31/12/200713/05/200815/05/2008DutchPDF
Abridged model31/12/200614/05/200731/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 17 ended

Active mandates

M.S.D.W.

Bestuurder · since 04 juillet 2023 · until 04 juillet 2029 · 0460.088.717

Represented by Ivan DE WILDE

Active
MUvana

Gedelegeerd bestuurder · since 04 juillet 2023 · until 04 juillet 2029 · 0760.388.443

Represented by Filip Van Acker

Active

Ended mandates

M.S.D.W.

Bestuurder · since 09 mai 2022 · until 08 mai 2028 · 0460.088.717

Represented by Ivan DE WILDE

Ended
MUvana

Gedelegeerd bestuurder · since 09 mai 2022 · until 08 mai 2028 · 0760.388.443

Represented by Filip Van Acker

Ended
MUvana

Managing director · since 22 décembre 2020 · until 09 mai 2022 · 0760.388.443

Represented by Filip Van Acker

Ended
MUvana CommV

Gedelegeerd bestuurder · since 22 décembre 2020 · until 09 mai 2022

Represented by Filip Van Acker

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/01/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/05/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/06/2004
    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 202525,7 k €
  2. 2024
    Annual accounts 202442,9 k €
  3. 2023
    Annual accounts 2023136,9 k €
  4. 2022
    Annual accounts 202233,2 k €
  5. 2021
    Annual accounts 202110,9 k €
  6. 2006
    Annual accounts 200613,6 k €
  7. 16/03/1992
    IncorporationPublic limited company