POLYVAR
0451.850.645 · rovalta.com · 21/09/2026
ACTIVE
POLYVAR
Financial year 2025 · closed on 30/04/2025
Net result
-6,6 k €
-117.8% YoY
Gross margin
-6,2 k €
-110.5% YoY
Equity
-15,7 k €
-73.6% YoY
Overview
What does POLYVAR do?
POLYVAR is a Private company with limited liability incorporated in 1994. Its main activity is: Air transport. Its registered office is in Oudenaarde.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.850.645
Incorporation
14/01/1994
Legal form
Private company with limited liability
Registered office
Broekstraat 120A
9700 Oudenaarde · FlandreSee on map
9700 Oudenaarde · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
30/04/2025
Activities (NACE)
Joint committees (1)
- 302
Signals
Healthy social debts
Available with a Rovalta subscriptionTry for 7 days
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 | -6,2 k € | -111% | 58,9 k € | +180% | 21,1 k € | -61.8% | 55 k € | +216% | 17,4 k € | -30.3% | 25 k € | -40.1% | 41,8 k € | -3.0% | 43,1 k € | -19.6% | 53,6 k € | -33.3% | 80,4 k € | +333% | 18,6 k € | -66.8% | 55,8 k € | -52.3% | 117,1 k € | -0.4% | 117,6 k € | -22.4% | 151,6 k € | +8.1% | 140,3 k € | +42.1% | 98,7 k € | +40.5% | 70,2 k € | -24.2% | 92,6 k € |
| EBITDA | -6,5 k € | -111% | 58,9 k € | +411% | -19 k € | -242% | 13,3 k € | +1878% | 672,7 € | -92.2% | 8,7 k € | -65.8% | 25,4 k € | +23.3% | 20,6 k € | +2.3% | 20,1 k € | -14.1% | 23,4 k € | +570% | -5 k € | -116% | 31,6 k € | +7.0% | 29,6 k € | -33.7% | 44,6 k € | -13.3% | 51,4 k € | -22.1% | 66,1 k € | +31.3% | 50,3 k € | +28.7% | 39,1 k € | -16.2% | 46,7 k € |
| Operating result | -6,5 k € | -117% | 37,4 k € | +223% | -30,4 k € | -1821% | 1,8 k € | +115% | -11,4 k € | -384% | -2,4 k € | -116% | 14,3 k € | +132% | 6,2 k € | +79.7% | 3,4 k € | -40.5% | 5,8 k € | +120% | -28,3 k € | -512% | 6,9 k € | +234% | -5,1 k € | -164% | 8 k € | -29.1% | 11,2 k € | -21.9% | 14,4 k € | +84.1% | 7,8 k € | +148% | 3,1 k € | -69.6% | 10,3 k € |
| Net result | -6,6 k € | -118% | 37,3 k € | +220% | -31 k € | -790% | 4,5 k € | +137% | -12,1 k € | -291% | -3,1 k € | -123% | 13,3 k € | +368% | 2,8 k € | +381% | 589,5 € | -64.0% | 1,6 k € | +104% | -38,6 k € | -1973% | 2,1 k € | +124% | -8,5 k € | -279% | 4,8 k € | -16.3% | 5,7 k € | +6.4% | 5,3 k € | +221% | -4,4 k € | -1042% | 468,8 € | -77.8% | 2,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | -15,7 k € | -73.6% | -9 k € | +80.5% | -46,3 k € | -202% | -15,4 k € | +22.6% | -19,9 k € | -157% | -7,7 k € | -67.2% | -4,6 k € | +74.2% | -17,9 k € | +13.7% | -20,7 k € | +2.8% | -21,3 k € | +7.1% | -22,9 k € | -247% | 15,6 k € | +15.2% | 13,6 k € | -38.5% | 22,1 k € | +27.5% | 17,3 k € | +49.0% | 11,6 k € | +85.2% | 6,3 k € | -41.3% | 10,7 k € | +4.6% | 10,2 k € |
| Total assets | 111,2 k € | -23.7% | 145,8 k € | +0.6% | 144,9 k € | -22.1% | 185,8 k € | +2.8% | 180,8 k € | -12.0% | 205,6 k € | -11.2% | 231,5 k € | +1.7% | 227,6 k € | +1.7% | 223,7 k € | +9.6% | 204,1 k € | -4.8% | 214,5 k € | -10.0% | 238,2 k € | +1.0% | 235,8 k € | +22.1% | 193,1 k € | -15.5% | 228,6 k € | +6.8% | 214,1 k € | -10.6% | 239,6 k € | +22.4% | 195,8 k € | -14.1% | 228 k € |
| Cash | 8,4 k € | -65.2% | 24,2 k € | +139% | 10,1 k € | -78.1% | 46,2 k € | +722% | 5,6 k € | -46.2% | 10,4 k € | -54.6% | 23 k € | +56.9% | 14,7 k € | +145% | 6 k € | -37.3% | 9,5 k € | +111% | 4,5 k € | -39.0% | 7,4 k € | -79.0% | 35,3 k € | -13.7% | 41 k € | -19.4% | 50,8 k € | +470% | 8,9 k € | -65.5% | 25,9 k € | +159% | 10 k € | -77.6% | 44,6 k € |
| Debts | 126,9 k € | -18.0% | 154,8 k € | -19.0% | 191,2 k € | -5.0% | 201,2 k € | +0.3% | 200,7 k € | -5.8% | 213 k € | -9.4% | 235,1 k € | -3.9% | 244,6 k € | +0.0% | 244,5 k € | +8.4% | 225,5 k € | -5.0% | 237,4 k € | +6.7% | 222,6 k € | +0.2% | 222,2 k € | +29.9% | 171 k € | -19.1% | 211,3 k € | +4.4% | 202,5 k € | -13.2% | 233,3 k € | +26.0% | 185,1 k € | -1.4% | 187,8 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | 1,2 ETP | 0.0% | 1,2 ETP | -45.5% | 2,2 ETP | +4.8% | 2,1 ETP | -4.5% | 2,2 ETP | -31.3% | 3,2 ETP | +88.2% | 1,7 ETP | -43.3% | 3,0 ETP | +50.0% | 2,0 ETP | +100% | 1,0 ETP | +11.1% | 0,9 ETP | – | ||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/04/2025 · 2 active · 3 ended
Active mandates
Jolande VAN HAUTEGEM
ActiveLEOPOLD VERGUCHT
ActiveEnded mandates
LEOPOLD VERGUCHT
EndedYOLANDE VAN HAUTEGEM
EndedYOLANDE VAN HAUTEGEM
EndedAt this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Abridged model | Abridged model |
| Start of the financial year | 01/05/2024 | 01/05/2023 | 01/05/2022 | 01/05/2021 | 01/05/2020 | 01/05/2019 |
| Closing of the financial year | 30/04/2025 | 30/04/2024 | 30/04/2023 | 30/04/2022 | 30/04/2021 | 30/04/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 13/11/2025 | 27/11/2024 | 15/11/2023 | 30/11/2022 | 20/12/2021 | 09/12/2020 |
| General meeting | 25/10/2025 | 26/10/2024 | 28/10/2023 | 29/10/2022 | 30/10/2021 | 31/10/2020 |
| 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 daysFilings
Annual accounts filings
31 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/04/2025 | 25/10/2025 | 13/11/2025 | Dutch | |
| Micro model | 30/04/2024 | 26/10/2024 | 27/11/2024 | Dutch | |
| Micro model | 30/04/2023 | 28/10/2023 | 15/11/2023 | Dutch | |
| Micro model | 30/04/2022 | 29/10/2022 | 30/11/2022 | Dutch | |
| Abridged model | 30/04/2021 | 30/10/2021 | 20/12/2021 | Dutch | |
| Abridged model | 30/04/2020 | 31/10/2020 | 09/12/2020 | Dutch | |
| Abridged model | 30/04/2019 | 26/10/2019 | 27/11/2019 | Dutch | |
| Abridged model | 30/04/2018 | 06/01/2019 | 07/01/2019 | Dutch | |
| Abridged model | 30/04/2017 | 17/08/2018 | 24/09/2018 | Dutch | |
| Abridged model | 30/04/2016 | 29/10/2016 | 31/10/2016 | Dutch | |
| Abridged model | 30/04/2015 | 19/01/2016 | 21/01/2016 | Dutch | |
| Abridged model | 30/04/2014 | 28/01/2015 | 30/01/2015 | Dutch | |
| Abridged model | 30/04/2013 | 26/10/2013 | 29/11/2013 | Dutch | |
| Abridged model | 30/04/2012 | 31/10/2012 | 21/12/2012 | Dutch | |
| Abridged model | 30/04/2011 | 29/10/2011 | 18/01/2012 | Dutch | |
| Abridged model | 30/04/2010 | 30/10/2010 | 03/01/2012 | Dutch | |
| Abridged model | 30/04/2009 | 31/10/2009 | 27/11/2009 | Dutch | |
| Abridged model | 30/04/2008 | 25/10/2008 | 19/12/2008 | Dutch | |
| Abridged model | 30/04/2007 | 27/10/2007 | 30/11/2007 | Dutch | |
| Abridged model | 30/04/2006 | 25/10/2006 | 10/11/2006 | Dutch | |
| Abridged model | 30/04/2005 | 29/10/2005 | 30/11/2005 | Dutch | |
| Abridged model | 30/04/2004 | 30/10/2004 | 30/11/2004 | Dutch | |
| Abridged model | 30/04/2003 | 25/10/2003 | 02/03/2004 | Dutch | |
| Abridged model | 30/04/2002 | 26/10/2002 | 03/02/2003 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/04/2025 · 2 active · 3 ended
Active mandates
Jolande VAN HAUTEGEM
ActiveLEOPOLD VERGUCHT
ActiveEnded mandates
LEOPOLD VERGUCHT
EndedYOLANDE VAN HAUTEGEM
EndedYOLANDE VAN HAUTEGEM
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-6,6 k €↓
- 2024Annual accounts 202437,3 k €↑
- 2023Annual accounts 2023-31 k €↓
- 2022Annual accounts 20224,5 k €↑
- 2021Annual accounts 2021-12,1 k €↓
- 2020Annual accounts 2020-3,1 k €↓
- 2019Annual accounts 201913,3 k €↑
- 2018Annual accounts 20182,8 k €↑
- 2017Annual accounts 2017589,5 €↓
- 2016Annual accounts 20161,6 k €↑
- 2015Annual accounts 2015-38,6 k €↓
- 2014Annual accounts 20142,1 k €↑
- 2013Annual accounts 2013-8,5 k €↓
- 2012Annual accounts 20124,8 k €↓
- 2011Annual accounts 20115,7 k €↑
- 2010Annual accounts 20105,3 k €↑
- 2009Annual accounts 2009-4,4 k €↓
- 2008Annual accounts 2008468,8 €↓
- 2007Annual accounts 20072,1 k €
- 14/01/1994IncorporationPrivate company with limited liability