ACTIVE

POLYREC

Financial year 2024 · closed on 31/12/2024
Net result
-12,8 k €
-235.2% YoY
Gross margin
-6 k €
-1800.2% YoY
Equity
111,2 k €
-20.7% YoY

What does POLYREC do?

POLYREC is a Private company with limited liability incorporated in 1993. Its main activity is: Wholesale of waste and scrap. Its registered office is in Opwijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.284.292
Incorporation
01/06/1993
Legal form
Private company with limited liability
Registered office
Mansteen 68 a
1745 Opwijk · FlandreSee on map
Contributed capital
37 184,00 €
Latest accounts
31/12/2024
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2024202120202019201420132012201120102009200820072006
Income statement
Gross margin-6 k €-317,1 €3,7 k €213,2 €20,6 k €26,2 k €5,4 k €15,9 k €20,4 k €28 k €23,2 k €35 k €11,5 k €
EBITDA-6,4 k €-664,6 €3,4 k €-134,3 €18,6 k €24,2 k €5,1 k €15,9 k €18,7 k €25,2 k €21,3 k €33,5 k €8,9 k €
Operating result-12,5 k €-971,3 €3,2 k €-448,9 €3,3 k €12,6 k €2,5 k €13 k €5,5 k €9,9 k €4,1 k €15 k €-11 k €
Net result-12,8 k €9,4 k €2,7 k €1,5 k €638,8 €9,7 k €3,5 k €12 k €1,9 k €5,5 k €4 k €10,4 k €-9,1 k €
Balance sheet
Equity111,2 k €140,1 k €130,7 k €128 k €120 k €119,4 k €109,7 k €106,2 k €94,1 k €92,2 k €86,7 k €82,7 k €72,3 k €
Total assets112,7 k €165,7 k €144,4 k €164,3 k €317,4 k €359,5 k €161,6 k €399,1 k €253,1 k €324,9 k €338,4 k €365,1 k €217,7 k €
Cash2,9 k €32,2 k €37,3 k €52,5 k €38,1 k €3,9 k €10,4 k €76,5 k €16,6 k €9,9 k €12,5 k €29,3 k €11,2 k €
Debts1,5 k €25,5 k €9,3 k €31,9 k €197,1 k €240 k €51,7 k €292,9 k €158,9 k €232,7 k €251,6 k €282,4 k €145,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 2 ended

Active mandates

Luc Bally

Mandate

Active

Ended mandates

Luc Bally

Director

Ended
Luc Bally

Manager

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202528/09/202402/08/202329/09/202209/04/202230/10/2020
General meeting05/06/202505/06/202405/06/202306/06/202230/06/202131/08/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202405/06/202525/08/2025DutchPDF
Micro model31/12/202305/06/202428/09/2024DutchPDF
Micro model31/12/202205/06/202302/08/2023DutchPDF
Micro model31/12/202106/06/202229/09/2022DutchPDF
Micro model31/12/202030/06/202109/04/2022DutchPDF
Micro model31/12/201931/08/202030/10/2020DutchPDF
Micro model31/12/201830/06/201931/07/2019DutchPDF
Micro model31/12/201730/06/201802/08/2018DutchPDF
Micro model31/12/201602/06/201714/09/2017DutchPDF
Abridged model31/12/201502/06/201604/10/2016DutchPDF
Abridged model31/12/201431/08/201524/09/2015DutchPDF
Abridged model31/12/201302/06/201402/10/2014DutchPDF
Abridged model31/12/201203/06/201305/10/2013DutchPDF
Abridged model31/12/201104/06/201214/08/2012DutchPDF
Abridged model31/12/201006/06/201116/11/2011DutchPDF
Abridged model31/12/200907/06/201030/11/2010DutchPDF
Abridged model31/12/200802/06/200925/08/2009DutchPDF
Abridged model31/12/200702/06/200818/02/2009DutchPDF
Abridged model31/12/200604/06/200710/01/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2021 · 1 active · 2 ended

Active mandates

Luc Bally

Mandate

Active

Ended mandates

Luc Bally

Director

Ended
Luc Bally

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office12/07/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office21/02/2017
    MAATSCHAPPELIJKE ZETEL
    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. 2024
    Annual accounts 2024-12,8 k €
  2. 2021
    Annual accounts 20219,4 k €
  3. 2020
    Annual accounts 20202,7 k €
  4. 2019
    Annual accounts 20191,5 k €
  5. 2014
    Annual accounts 2014638,8 €
  6. 2013
    Annual accounts 20139,7 k €
  7. 2012
    Annual accounts 20123,5 k €
  8. 2011
    Annual accounts 201112 k €
  9. 2010
    Annual accounts 20101,9 k €
  10. 2009
    Annual accounts 20095,5 k €
  11. 2008
    Annual accounts 20084 k €
  12. 2007
    Annual accounts 200710,4 k €
  13. 2006
    Annual accounts 2006-9,1 k €
  14. 01/06/1993
    IncorporationPrivate company with limited liability