NORMAL SITUATION

POLINA

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Financial year 2026 · closed on 23/06/2026
Net result
38,4 k €
+234.9% YoY
Gross margin
45,4 k €
+857.2% YoY

Company — Normal situation.

Strike-off: 03 juillet 2026

What does POLINA do?

POLINA is a Public limited company incorporated in 1992.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.100.111
Incorporation
01/09/1992
Legal form
Public limited company
Latest accounts
23/06/2026
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20262025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin45,4 k €-6 k €8,9 k €32,8 k €4,5 k €133,9 k €104,2 k €69,7 k €84,3 k €204,9 k €81,9 k €84,8 k €57,9 k €37,9 k €36,7 k €87,4 k €36,2 k €64,6 k €41,2 k €33,4 k €
EBITDA45,4 k €-8,1 k €7 k €30,2 k €2,1 k €130,3 k €100,6 k €64,7 k €80,5 k €199,6 k €76,5 k €79,6 k €52,4 k €31,8 k €30,3 k €83,9 k €30,8 k €60,5 k €33,2 k €30,3 k €
Operating result45,4 k €-30,9 k €-16,3 k €6,3 k €-22,1 k €87,6 k €53,3 k €13 k €28 k €147,8 k €20,4 k €23,2 k €-3,6 k €-21,2 k €-11,9 k €51,9 k €-7,2 k €38,3 k €11 k €12,9 k €
Net result38,4 k €-28,4 k €-14,1 k €4,9 k €-19,9 k €54,2 k €30,4 k €4,7 k €16,6 k €83,9 k €9 k €13,1 k €-11,2 k €-27,2 k €-18,5 k €29,6 k €213,5 k €18 k €309 €8,2 k €
Balance sheet
Equity–417,2 k €445,6 k €459,7 k €454,8 k €474,7 k €420,5 k €390,1 k €385,4 k €370,8 k €286,8 k €277,9 k €264,8 k €276 k €303,1 k €321,7 k €292,1 k €109,3 k €91,2 k €90,9 k €
Total assets505,1 k €529,8 k €552,4 k €599,8 k €596,7 k €709,4 k €695,5 k €745,5 k €811,7 k €849,5 k €967,1 k €1 M €1,1 M €1,1 M €1,1 M €827,2 k €817,3 k €322,4 k €365,5 k €324,6 k €
Cash396,4 k €2,8 k €662,2 €785 €2,8 k €83,8 k €––15 k €6,4 k €–8,8 k €13,5 k €12,3 k €16,2 k €–12,8 k €26,1 k €–2,9 k €
Debts505,1 k €69,6 k €61,6 k €92,1 k €91,9 k €182,2 k €219,2 k €297,2 k €366,2 k €416,2 k €615,1 k €681,2 k €741,5 k €742,2 k €685,1 k €427,9 k €445 k €213,1 k €274,3 k €231,8 k €
Governance

Board of directors

Seen on filing of 23/06/2026 · 2 active · 7 ended

Active mandates

Paul De Waele

Managing director

Active
Tiny De Waele

Director

Active

Ended mandates

Tiny De Waele

Director · since 05 avril 2020

Ended
CARINA ROOMS

Director · until 05 avril 2020

Ended
CARINA ROOMS

Director

Ended
DEWARO

Director · until 31 mai 2013 · 0448.100.210

Represented by PAUL DE WAELE

Ended
Annual accounts

Full financial information

202620252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202601/01/202501/01/202401/01/202301/01/202201/01/2021
Closing of the financial year23/06/202631/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year6 months12 months12 months12 months12 months12 months
Filing date23/06/202621/04/202619/06/202502/05/202416/05/202319/05/2022
General meeting23/06/202604/04/202628/04/202506/04/202401/04/202302/04/2022
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model23/06/202623/06/202623/06/2026DutchPDF
Micro model31/12/202504/04/202621/04/2026DutchPDF
Micro model31/12/202428/04/202519/06/2025DutchPDF
Micro model31/12/202306/04/202402/05/2024DutchPDF
Micro model31/12/202201/04/202316/05/2023DutchPDF
Micro model31/12/202102/04/202219/05/2022DutchPDF
Micro model31/12/202030/06/202131/08/2021DutchPDF
Micro model31/12/201911/06/202022/10/2020DutchPDF
Micro model31/12/201828/06/201910/10/2019DutchPDF
Micro model31/12/201730/06/201820/07/2018DutchPDF
Micro model31/12/201601/04/201708/05/2017DutchPDF
Abridged model31/12/201521/06/201608/07/2016DutchPDF
Abridged model31/12/201415/05/201517/07/2015DutchPDF
Abridged model31/12/201330/06/201428/08/2014DutchPDF
Abridged model31/12/201226/06/201324/07/2013DutchPDF
Abridged model31/12/201130/06/201226/09/2012DutchPDF
Abridged model31/12/201028/06/201119/08/2011DutchPDF
Abridged model31/12/200901/06/201008/06/2010DutchPDF
Abridged model31/12/200801/06/200923/06/2009DutchPDF
Abridged model31/12/200705/04/200825/06/2008DutchPDF
Abridged model31/12/200628/04/200718/06/2007DutchPDF
Estimate

Indicative valuation

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 23/06/2026 · 2 active · 7 ended

Active mandates

Paul De Waele

Managing director

Active
Tiny De Waele

Director

Active

Ended mandates

Tiny De Waele

Director · since 05 avril 2020

Ended
CARINA ROOMS

Director · until 05 avril 2020

Ended
CARINA ROOMS

Director

Ended
DEWARO

Director · until 31 mai 2013 · 0448.100.210

Represented by PAUL DE WAELE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution10/07/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates22/07/2025
    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. 2026
    Annual accounts 202638,4 k €↑
  2. 2025
    Annual accounts 2025-28,4 k €↓
  3. 2024
    Annual accounts 2024-14,1 k €↓
  4. 2023
    Annual accounts 20234,9 k €↑
  5. 2022
    Annual accounts 2022-19,9 k €↓
  6. 2021
    Annual accounts 202154,2 k €↑
  7. 2020
    Annual accounts 202030,4 k €↑
  8. 2019
    Annual accounts 20194,7 k €↓
  9. 2018
    Annual accounts 201816,6 k €↓
  10. 2017
    Annual accounts 201783,9 k €↑
  11. 2016
    Annual accounts 20169 k €↓
  12. 2015
    Annual accounts 201513,1 k €↑
  13. 2014
    Annual accounts 2014-11,2 k €↑
  14. 2013
    Annual accounts 2013-27,2 k €↓
  15. 2012
    Annual accounts 2012-18,5 k €↓
  16. 2011
    Annual accounts 201129,6 k €↓
  17. 2010
    Annual accounts 2010213,5 k €↑
  18. 2009
    Annual accounts 200918 k €↑
  19. 2008
    Annual accounts 2008309 €↓
  20. 2007
    Annual accounts 20078,2 k €
  21. 01/09/1992
    IncorporationPublic limited company