ACTIVE

POLSA

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

3,8 k €

+35374.1% YoY

Gross margin

98,5 k €

-17.7% YoY

Equity

225,2 k €

+1.7% YoY

Workforce

0,3 ETP

0.0% YoY

What does POLSA do?

POLSA is a Public limited company incorporated in 1993. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Mechelen. It employs on average 0,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.206.406

Incorporation

08/01/1993

Legal form

Public limited company

Registered office

Kapoenenweg 23
2800 Mechelen · FlandreSee on map

Contributed capital

137 940,84 €

Latest accounts

30/06/2025

Average workforce

0,3 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	98,5 k €	-17.7%	119,6 k €	+11.0%	107,8 k €	+43.3%	75,2 k €	+8.3%	69,5 k €	-28.3%	96,8 k €	+12.6%	86 k €	+0.4%	85,6 k €	+10.2%	77,7 k €	-0.8%	78,4 k €	+0.6%	77,9 k €	-13.9%	90,4 k €	+37.1%	66 k €	-4.8%	69,2 k €	-20.5%	87,1 k €	+20.0%	72,5 k €	-12.1%	82,6 k €	+29.8%	63,6 k €	-5.8%	67,5 k €
EBITDA	70,6 k €	-20.9%	89,2 k €	-7.0%	96 k €	+140%	40 k €	-4.9%	42,1 k €	-48.3%	81,4 k €	+8.2%	75,3 k €	-1.2%	76,2 k €	+42.3%	53,6 k €	-13.9%	62,2 k €	-5.4%	65,7 k €	+21.0%	54,3 k €	+18.6%	45,8 k €	+39.8%	32,8 k €	+13.6%	28,9 k €	-52.4%	60,7 k €	-6.2%	64,6 k €	+20.9%	53,5 k €	-1.8%	54,4 k €
Operating result	29,7 k €	+107%	14,4 k €	-29.8%	20,4 k €	-14.5%	23,9 k €	+16.9%	20,5 k €	-31.1%	29,7 k €	+32.0%	22,5 k €	-2.4%	23,1 k €	-26.8%	31,5 k €	+0.7%	31,3 k €	-14.6%	36,7 k €	+143%	15,1 k €	-20.5%	19 k €	+165%	7,2 k €	+58.1%	4,5 k €	-82.1%	25,3 k €	-16.8%	30,4 k €	+1.8%	29,8 k €	+2.0%	29,3 k €
Net result	3,8 k €	+35374%	10,8 €	-98.4%	657,2 €	-86.0%	4,7 k €	+302%	1,2 k €	+53.4%	761,2 €	+688%	96,6 €	-71.8%	342,6 €	-21.3%	435,1 €	+111%	206,4 €	-96.6%	6,1 k €	-3.7%	6,3 k €	-47.1%	12 k €	+281%	3,1 k €	+44.6%	2,2 k €	-69.6%	7,1 k €	-39.3%	11,8 k €	+29.0%	9,1 k €	+31.6%	6,9 k €
Balance sheet
Equity	225,2 k €	+1.7%	221,4 k €	+0.0%	221,4 k €	+0.3%	220,7 k €	+2.2%	216 k €	+0.5%	214,9 k €	+0.4%	214,1 k €	+0.0%	214 k €	+0.2%	213,7 k €	+0.2%	213,2 k €	+0.1%	213 k €	+2.9%	206,9 k €	+3.2%	200,6 k €	+6.3%	188,6 k €	+1.7%	185,5 k €	-3.0%	191,2 k €	+8.5%	176,2 k €	+7.2%	164,4 k €	+5.9%	155,3 k €
Total assets	1,1 M €	-0.5%	1,1 M €	-2.8%	1,1 M €	-4.2%	1,2 M €	-0.6%	1,2 M €	-2.4%	1,2 M €	-1.5%	1,2 M €	-2.1%	1,2 M €	-1.7%	1,3 M €	+0.6%	1,3 M €	+15.5%	1,1 M €	+83.1%	593,6 k €	+24.3%	477,6 k €	+0.0%	477,4 k €	-1.9%	486,8 k €	-3.9%	506,3 k €	-5.0%	533,1 k €	-4.0%	555,5 k €	-6.0%	590,8 k €
Cash	31 k €	-19.2%	38,4 k €	+21.3%	31,6 k €	+132%	13,6 k €	-69.6%	44,7 k €	-20.8%	56,5 k €	-9.3%	62,3 k €	+93.4%	32,2 k €	+247%	9,3 k €	-80.3%	47,1 k €	+44.1%	32,7 k €	+55.9%	21 k €	-19.8%	26,1 k €	+74.1%	15 k €	-2.3%	15,4 k €	-35.6%	23,9 k €	+218%	7,5 k €	+92.8%	3,9 k €	-75.0%	15,6 k €
Debts	852 k €	-1.1%	861,5 k €	-3.5%	892,4 k €	-5.2%	941,4 k €	-1.2%	952,6 k €	-3.0%	982,1 k €	-1.9%	1 M €	-2.5%	1 M €	-2.1%	1 M €	+1.0%	1 M €	+19.4%	869,7 k €	+127%	383,1 k €	+40.0%	273,6 k €	-5.2%	288,7 k €	+0.5%	287,3 k €	-3.0%	296,1 k €	-12.1%	336,7 k €	-10.8%	377,4 k €	-10.2%	420,3 k €
Other
Workforce	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 5 ended

Active mandates

PAPS

Bestuurder · 0436.763.680

Represented by PETER POLLENUS

Active

Ended mandates

PAPS

Director · since 28 novembre 2017 · until 28 novembre 2023 · 0436.763.680

Represented by PETER POLLENUS

Ended

ANN SCHEPERS

Managing director · since 14 janvier 1993

Ended

MARCEL POLLENUS

Director · since 14 janvier 1993

Ended

PETER POLLENUS

Mandate · since 14 janvier 1993

Ended

At this address

Other companies at this address

Company	CBE no.
PAPS● Active	0436.763.680

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/02/2026	04/02/2025	28/02/2024	31/01/2023	31/01/2022	05/01/2021
General meeting	07/02/2026	12/11/2024	14/02/2024	31/01/2023	03/01/2022	05/01/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	07/02/2026	17/02/2026	Dutch	PDF
Abridged model	30/06/2024	12/11/2024	04/02/2025	Dutch	PDF
Abridged model	30/06/2023	14/02/2024	28/02/2024	Dutch	PDF
Micro model	30/06/2022	31/01/2023	31/01/2023	Dutch	PDF
Micro model	30/06/2021	03/01/2022	31/01/2022	Dutch	PDF
Micro model	30/06/2020	05/01/2021	05/01/2021	Dutch	PDF
Micro model	30/06/2019	14/01/2020	14/01/2020	Dutch	PDF
Micro model	30/06/2018	11/02/2019	11/02/2019	Dutch	PDF
Micro model	30/06/2017	12/02/2018	12/02/2018	Dutch	PDF
Abridged model	30/06/2016	05/01/2017	05/01/2017	Dutch	PDF
Abridged model	30/06/2015	11/02/2016	11/02/2016	Dutch	PDF
Abridged model	30/06/2014	15/01/2015	15/01/2015	Dutch	PDF
Abridged model	30/06/2013	10/02/2014	10/02/2014	Dutch	PDF
Abridged model	30/06/2012	07/03/2013	07/03/2013	Dutch	PDF
Abridged model	30/06/2011	08/03/2012	09/03/2012	Dutch	PDF
Abridged model	30/06/2010	03/01/2011	24/01/2011	Dutch	PDF
Abridged model	30/06/2009	23/11/2009	24/11/2009	Dutch	PDF
Abridged model	30/06/2008	16/02/2009	25/02/2009	Dutch	PDF
Abridged model	30/06/2007	08/02/2008	12/02/2008	Dutch	PDF
Abridged model	30/06/2006	02/01/2007	10/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/06/2025 · 1 active · 5 ended

Active mandates

PAPS

Bestuurder · 0436.763.680

Represented by PETER POLLENUS

Active

Ended mandates

PAPS

Director · since 28 novembre 2017 · until 28 novembre 2023 · 0436.763.680

Represented by PETER POLLENUS

Ended

ANN SCHEPERS

Managing director · since 14 janvier 1993

Ended

MARCEL POLLENUS

Director · since 14 janvier 1993

Ended

PETER POLLENUS

Mandate · since 14 janvier 1993

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/02/2014
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares02/04/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates21/12/2009
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

2025
Annual accounts 20253,8 k €↑
2024
Annual accounts 202410,8 €↓
2023
Annual accounts 2023657,2 €↓
2022
Annual accounts 20224,7 k €↑
2021
Annual accounts 20211,2 k €↑
2020
Annual accounts 2020761,2 €↑
2019
Annual accounts 201996,6 €↓
2018
Annual accounts 2018342,6 €↓
2017
Annual accounts 2017435,1 €↑
2016
Annual accounts 2016206,4 €↓
2015
Annual accounts 20156,1 k €↓
2014
Annual accounts 20146,3 k €↓
2013
Annual accounts 201312 k €↑
2012
Annual accounts 20123,1 k €↑
2011
Annual accounts 20112,2 k €↓
2010
Annual accounts 20107,1 k €↓
2009
Annual accounts 200911,8 k €↑
2008
Annual accounts 20089,1 k €↑
2007
Annual accounts 20076,9 k €
08/01/1993
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

POLSA

Overview

What does POLSA do?

Trend over 19 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