ACTIVE

POLEM

Financial year 2025 · closed on 31/12/2025
Net result
993,3 k €
+3700.3% YoY
Gross margin
11,5 k €
-74.8% YoY
Equity
5 M €
+16.0% YoY

What does POLEM do?

POLEM is a Private limited company incorporated in 1992. Its main activity is: Wholesale of hides, skins and leather. Its registered office is in Ravels.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.440.016
Incorporation
13/05/1992
Legal form
Private limited company
Registered office
Burgemeester Biemansstraat 5
2382 Ravels · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120102009200820072006
Income statement
Gross margin11,5 k €45,7 k €63,7 k €52,3 k €25,7 k €30,2 k €66,8 k €99,8 k €107,3 k €
EBITDA10 k €44,2 k €62,1 k €50,3 k €18,9 k €22,5 k €26,5 k €63,1 k €86,7 k €102,8 k €
Operating result-6,5 k €30,7 k €48,5 k €23,5 k €5,5 k €-9,3 k €-5,3 k €21,9 k €50,1 k €92,6 k €
Net result993,3 k €26,1 k €47,6 k €1,5 M €2,2 k €-35,9 k €-10,8 k €6 k €324,4 k €1 M €
Balance sheet
Equity5 M €4,3 M €4,3 M €4,3 M €2,8 M €1,8 M €1,8 M €1,8 M €1,8 M €1,5 M €
Total assets5,4 M €4,4 M €4,9 M €4,3 M €2,8 M €2,4 M €2,4 M €2,4 M €2,5 M €2,4 M €
Cash1,2 M €791,4 k €83,9 k €1,4 M €465,9 k €8,6 k €37,4 k €23,8 k €21,5 k €40 k €
Debts322,1 k €21,7 k €604 k €1,9 k €3,4 k €588,6 k €590,7 k €609,4 k €645,1 k €868,6 k €
Other
Workforce0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

Claire Maas

Director · since 14 décembre 2011

Active
Hans Wendel

Director · since 14 décembre 2011

Active

Ended mandates

Claire Maas

Manager · since 14 décembre 2011

Ended
Elisabeth van de Laar

Director · since 14 décembre 2011

Ended
Elisabeth van de Laar

Manager · since 14 décembre 2011 · until 01 juin 2016

Ended
Elisabeth van de Laar

Manager · since 14 décembre 2011

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull 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 date19/05/202624/06/202527/06/202405/06/202302/06/202203/06/2021
General meeting11/05/202602/06/202501/06/202401/06/202301/06/202201/06/2021
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 model31/12/202511/05/202619/05/2026DutchPDF
Abridged model31/12/202402/06/202524/06/2025DutchPDF
Abridged model31/12/202301/06/202427/06/2024DutchPDF
Abridged model31/12/202201/06/202305/06/2023DutchPDF
Full model31/12/202101/06/202202/06/2022DutchPDF
Full model31/12/202001/06/202103/06/2021DutchPDF
Full model31/12/201922/06/202002/07/2020DutchPDF
Full model31/12/201801/06/201927/06/2019DutchPDF
Full model31/12/201701/06/201803/07/2018DutchPDF
Full model31/12/201601/06/201729/06/2017DutchPDF
Full model31/12/201501/06/201620/07/2016DutchPDF
Full model31/12/201401/06/201531/08/2015DutchPDF
Abridged model31/12/201301/06/201414/07/2014DutchPDF
Abridged model31/12/201201/06/201318/07/2013DutchPDF
Abridged model31/12/201101/06/201217/07/2012DutchPDF
Abridged model31/12/201001/06/201125/07/2011DutchPDF
Abridged model31/12/200901/06/201008/07/2010DutchPDF
Abridged model31/12/200802/06/200914/07/2009DutchPDF
Abridged model31/12/200702/06/200823/07/2008DutchPDF
Abridged model31/12/200601/06/200727/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 15 ended

Active mandates

Claire Maas

Director · since 14 décembre 2011

Active
Hans Wendel

Director · since 14 décembre 2011

Active

Ended mandates

Claire Maas

Manager · since 14 décembre 2011

Ended
Elisabeth van de Laar

Director · since 14 décembre 2011

Ended
Elisabeth van de Laar

Manager · since 14 décembre 2011 · until 01 juin 2016

Ended
Elisabeth van de Laar

Manager · since 14 décembre 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/11/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other03/02/2012
    WIJZIGING RECHTSVORM
    PDF
  • Mandates28/06/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/06/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/08/2004
    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 2025993,3 k €
  2. 2024
    Annual accounts 202426,1 k €
  3. 2023
    Annual accounts 202347,6 k €
  4. 2022
    Annual accounts 20221,5 M €
  5. 2021
    Annual accounts 20212,2 k €
  6. 2010
    Annual accounts 2010-35,9 k €
  7. 2009
    Annual accounts 2009-10,8 k €
  8. 2008
    Annual accounts 20086 k €
  9. 2007
    Annual accounts 2007324,4 k €
  10. 2006
    Annual accounts 20061 M €
  11. 13/05/1992
    IncorporationPrivate limited company