ACTIVE

POLYMER PROCESSING

Financial year 2025 · closed on 31/12/2025
Net result
-45,6 k €
-104.6% YoY
Revenue
62,4 M €
+11.3% YoY
Equity
29,0 M €
-0.2% YoY
Workforce
42,4 ETP
+0.5% YoY

What does POLYMER PROCESSING do?

POLYMER PROCESSING is a Public limited company incorporated in 1996. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 42,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.525.145
Incorporation
22/03/1996
Legal form
Public limited company
Registered office
Ketenislaan(KAL) 1
9130 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
912 000,00 €
Latest accounts
31/12/2025
Average workforce
42,4 ETP
Joint committees (2)
  • 226
  • 30101
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue62,4 M €56,1 M €57,6 M €59,4 M €58,2 M €53,0 M €52,3 M €58,2 M €54,3 M €49,1 M €47,9 M €43,7 M €44,0 M €41,7 M €40,4 M €36,0 M €33,9 M €36,2 M €
EBITDA1,1 M €2,7 M €662,9 k €2,2 M €4,5 M €4,2 M €2,9 M €5,5 M €22,7 M €7,2 M €10,3 M €8,1 M €8,3 M €8,5 M €15,5 M €11,5 M €10,2 M €5,0 M €
Operating result64,8 k €528,4 k €-1,8 M €-414,2 k €1,7 M €948,6 k €-786,4 k €1,6 M €17,3 M €2,6 M €6,2 M €1,7 M €2,1 M €2,2 M €8,5 M €949,5 k €2,6 M €1,2 M €
Net result-45,6 k €981,6 k €-2,4 M €-105,8 k €2,2 M €19,3 M €42,9 M €12,9 M €24,7 M €14,5 M €6,8 M €-2,7 M €1,2 M €594,3 k €19,2 M €-2,1 M €1,1 M €725,2 k €
Balance sheet
Equity29,0 M €29,1 M €28,1 M €30,5 M €30,7 M €28,4 M €39,6 M €41,8 M €38,9 M €26,1 M €11,7 M €4,1 M €7,9 M €7,4 M €18,9 M €57,6 k €2,6 M €1,3 M €
Total assets84,4 M €81,7 M €82,1 M €92,1 M €93,7 M €99,1 M €134,7 M €163,2 M €242,8 M €203,0 M €110,7 M €104,3 M €57,2 M €58,1 M €69,8 M €94,2 M €59,7 M €29,3 M €
Cash24,5 k €57,6 k €7,6 k €38,5 k €33,9 k €65,8 k €46,4 k €17,7 k €7,6 k €561,0 k €12,6 k €3,2 k €5,4 k €6,8 k €8,7 k €831,8 k €50,0 k €36,8 k €
Debts55,3 M €52,4 M €53,6 M €61,4 M €62,8 M €70,1 M €95,0 M €121,3 M €203,2 M €170,5 M €92,8 M €94,2 M €44,3 M €46,3 M €46,9 M €89,4 M €53,9 M €25,1 M €
Other
Workforce42,4 ETP42,2 ETP41,3 ETP41,6 ETP42,2 ETP42,1 ETP41,5 ETP43,7 ETP42,6 ETP38,2 ETP43,2 ETP46,2 ETP42,5 ETP39,0 ETP33,8 ETP36,1 ETP36,7 ETP44,1 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 31/12/2025 · 5 active · 27 ended

Active mandates

TWO BEE CONSULT

Director · since 01 juillet 2023 · until 15 juin 2028 · 0803.140.402

Represented by Bob Carlier

Active
Empax

Director · since 22 décembre 2022 · until 15 juin 2028 · 0794.599.452

Represented by Vangramberen Charlotte

Active
ELLA MANAGEMENT

Director · since 16 juin 2022 · until 15 juin 2028 · 0827.381.690

Represented by Suzanna Vangoethem

Active
LGR CONSULTING

Director · since 16 juin 2022 · until 15 juin 2028 · 0872.187.376

Represented by Ivo Creton

Active
Stefaan Vanhoutte

Director · since 16 juin 2022 · until 15 juin 2028

Active

Ended mandates

TWO BEE CONSULT

Director · since 01 juillet 2023 · until 16 juin 2028 · 0803.140.402

Represented by Bob Carlier

Ended
Empax

Director · since 22 décembre 2022 · until 16 juin 2028 · 0794.599.452

Represented by Vangramberen Charlotte

Ended
ELLA MANAGEMENT

Director · since 16 juin 2022 · until 16 juin 2028 · 0827.381.690

Represented by Suzanna Vangoethem

Ended
LGR CONSULTING

Director · since 16 juin 2022 · until 16 juin 2028 · 0872.187.376

Represented by Ivo Creton

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull 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 date13/07/202601/07/202530/07/202421/08/202302/08/202230/07/2021
General meeting18/06/202619/06/202520/06/202430/06/202316/06/202217/06/2021
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
Full model31/12/202518/06/202613/07/2026DutchPDF
Full model31/12/202419/06/202501/07/2025DutchPDF
Full model31/12/202320/06/202430/07/2024DutchPDF
Full model31/12/202230/06/202321/08/2023DutchPDF
Full model31/12/202116/06/202202/08/2022DutchPDF
Full model31/12/202017/06/202130/07/2021DutchPDF
Full model31/12/201918/06/202011/08/2020DutchPDF
Full model31/12/201820/06/201926/08/2019DutchPDF
Full model31/12/201721/06/201811/07/2018DutchPDF
Full model31/12/201615/06/201724/08/2017DutchPDF
Full model31/12/201516/06/201624/08/2016DutchPDF
Full model31/12/201418/06/201504/08/2015DutchPDF
Full model31/12/201319/06/201418/08/2014DutchPDF
Full model31/12/201220/06/201323/08/2013DutchPDF
Full model31/12/201121/06/201210/08/2012DutchPDF
Full model31/12/201016/06/201109/08/2011DutchPDF
Full model31/12/200917/06/201003/08/2010DutchPDF
Full model31/12/200818/06/200912/08/2009DutchPDF
Full model31/12/200719/06/200831/07/2008DutchPDF
Full model31/12/200621/06/200720/08/2007DutchPDF
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 31/12/2025 · 5 active · 27 ended

Active mandates

TWO BEE CONSULT

Director · since 01 juillet 2023 · until 15 juin 2028 · 0803.140.402

Represented by Bob Carlier

Active
Empax

Director · since 22 décembre 2022 · until 15 juin 2028 · 0794.599.452

Represented by Vangramberen Charlotte

Active
ELLA MANAGEMENT

Director · since 16 juin 2022 · until 15 juin 2028 · 0827.381.690

Represented by Suzanna Vangoethem

Active
LGR CONSULTING

Director · since 16 juin 2022 · until 15 juin 2028 · 0872.187.376

Represented by Ivo Creton

Active
Stefaan Vanhoutte

Director · since 16 juin 2022 · until 15 juin 2028

Active

Ended mandates

TWO BEE CONSULT

Director · since 01 juillet 2023 · until 16 juin 2028 · 0803.140.402

Represented by Bob Carlier

Ended
Empax

Director · since 22 décembre 2022 · until 16 juin 2028 · 0794.599.452

Represented by Vangramberen Charlotte

Ended
ELLA MANAGEMENT

Director · since 16 juin 2022 · until 16 juin 2028 · 0827.381.690

Represented by Suzanna Vangoethem

Ended
LGR CONSULTING

Director · since 16 juin 2022 · until 16 juin 2028 · 0872.187.376

Represented by Ivo Creton

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office15/01/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates23/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2020
    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 2025-45,6 k €
  2. 2024
    Annual accounts 2024981,6 k €
  3. 2023
    Annual accounts 2023-2,4 M €
  4. 01/07/2023
    nominationTwo Bee Consult — bijkomend bestuurder
  5. 30/06/2023
    reconductionRonald Van den Ecker — vaste vertegenwoordiger (commissaris)
  6. 01/01/2023
    nominationEmpax — bijkomend bestuurder
  7. 2022
    Annual accounts 2022-105,8 k €
  8. 16/06/2022
    reconductionBV LGR Consulting — bestuurder
  9. 16/06/2022
    reconductionStefaan Vanhoutte — bestuurder
  10. 16/06/2022
    reconductionNV Quintuplex Engineering — bestuurder
  11. 16/06/2022
    reconductionBV Ella Management & Consulting — bestuurder
  12. 2021
    Annual accounts 20212,2 M €
  13. 2020
    Annual accounts 202019,3 M €
  14. 2019
    Annual accounts 201942,9 M €
  15. 2018
    Annual accounts 201812,9 M €
  16. 2017
    Annual accounts 201724,7 M €
  17. 2016
    Annual accounts 201614,5 M €
  18. 2015
    Annual accounts 20156,8 M €
  19. 2014
    Annual accounts 2014-2,7 M €
  20. 2013
    Annual accounts 20131,2 M €
  21. 2012
    Annual accounts 2012594,3 k €
  22. 2011
    Annual accounts 201119,2 M €
  23. 2010
    Annual accounts 2010-2,1 M €
  24. 2009
    Annual accounts 20091,1 M €
  25. 2008
    Annual accounts 2008725,2 k €
  26. 22/03/1996
    IncorporationPublic limited company