NORMAL SITUATION

POLKINVEST

Company — Normal situation.

Strike-off: 04 août 2026

Financial year 2025 · Closed on 31/12/2025

Net result
-74,6 k €
-135,1 %over 1 year
Equity
806,4 k €
+10,3 %over 1 year

Identity

Source · BCE/KBO

POLKINVEST is a Foreign company incorporated in 1998.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0463.249.828
Incorporation
29/04/1998
Legal form
Foreign company
Contributed capital
3 529 003,04 €
Latest accounts
31/12/2025
Signals
Solid equityGood liquidity

Financials

Source · NBB, 23 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin–––––
EBITDA-72,7 k €-57,2 k €-50,5 k €-34,3 k €-45,2 k €
Operating result-72,7 k €-57,2 k €-50,5 k €-34,3 k €-45,2 k €
Net result-74,6 k €212,8 k €291,3 k €495 k €40,8 k €
Balance sheet
Equity806,4 k €731 k €14,2 M €13,9 M €13,4 M €
Total assets851,5 k €749 k €14,2 M €13,9 M €13,8 M €
Cash111,1 k €469,7 €10,1 k €87,3 k €23,1 k €
Debts45 k €18 k €9,2 k €15,7 k €445,7 k €

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Martin Vestergaard

Director · since 16 mai 2019

Active
GERARD PHILIPPSON

Director · since 28 septembre 2012

Active

Ended mandates

Martin Vestergaard

Manager · since 16 mai 2019

Ended
RAMSES VAN TOOR

Manager · since 14 mars 2016 · until 16 mai 2019

Ended
RAMSES VAN TOOR

Manager · since 14 mars 2016

Ended
GAWEIN HEIJMANS

Manager · since 27 janvier 2015 · until 14 mars 2016

Ended

Full financial information

Source · NBB
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 date04/06/202605/11/202511/06/202410/05/202311/05/202205/05/2021
General meeting02/06/202603/06/202504/06/202402/05/202303/05/202204/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 23 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202502/06/202604/06/2026FrenchPDF
Full modelCorrection31/12/202403/06/202505/11/2025FrenchPDF
Full model31/12/202403/06/202527/06/2025FrenchPDF
Full model31/12/202304/06/202411/06/2024FrenchPDF
Full model31/12/202202/05/202310/05/2023FrenchPDF
Full model31/12/202103/05/202211/05/2022FrenchPDF
Full model31/12/202004/05/202105/05/2021FrenchPDF
Full model31/12/201902/06/202017/06/2020FrenchPDF
Full model31/12/201816/05/201913/06/2019FrenchPDF
Full model31/12/201711/06/201814/06/2018FrenchPDF
Full model31/12/201617/05/201714/06/2017FrenchPDF
Full modelCorrection31/12/201513/05/201631/08/2016FrenchPDF
Full model31/12/201513/05/201630/05/2016FrenchPDF
Full model31/12/201403/07/201524/08/2015FrenchPDF
Full modelCorrection31/12/201324/06/201401/08/2014FrenchPDF
Full model31/12/201324/06/201427/06/2014FrenchPDF
Full model31/12/201207/05/201310/05/2013FrenchPDF
Full model31/12/201128/09/201228/09/2012FrenchPDF
Full model31/12/201029/09/201129/09/2011FrenchPDF
Full model31/12/200910/11/201020/12/2010FrenchPDF
Abridged model31/12/200821/08/200931/08/2009FrenchPDF
Abridged model31/12/200714/10/200817/11/2008FrenchPDF
Abridged model31/12/200602/05/200729/08/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Martin Vestergaard

Director · since 16 mai 2019

Active
GERARD PHILIPPSON

Director · since 28 septembre 2012

Active

Ended mandates

Martin Vestergaard

Manager · since 16 mai 2019

Ended
RAMSES VAN TOOR

Manager · since 14 mars 2016 · until 16 mai 2019

Ended
RAMSES VAN TOOR

Manager · since 14 mars 2016

Ended
GAWEIN HEIJMANS

Manager · since 27 janvier 2015 · until 14 mars 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring23/03/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates03/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares13/08/2025
    CAPITAL, ACTIONS
    PDF
  • Other28/02/2025
    DIVERS
    PDF
  • Mandates21/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates20/09/2023
    DEMISSIONS, NOMINATIONS
    PDF

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 2025-74,6 k €↓
  2. 2024
    Annual accounts 2024212,8 k €↓
  3. 2023
    Annual accounts 2023291,3 k €↓
  4. 2022
    Annual accounts 2022495 k €↑
  5. 2021
    Annual accounts 202140,8 k €↑
  6. 2020
    Annual accounts 2020-23,6 k €↓
  7. 2019
    Annual accounts 2019200,9 k €↓
  8. 2018
    Annual accounts 20181,9 M €↑
  9. 2017
    Annual accounts 2017-291,2 k €↑
  10. 2016
    Annual accounts 2016-10,5 M €↓
  11. 2015
    Annual accounts 20151,3 M €↑
  12. 2014
    Annual accounts 20141,8 k €↓
  13. 2013
    Annual accounts 20134,3 M €↑
  14. 2012
    Annual accounts 20122 M €↑
  15. 2011
    Annual accounts 20111,1 M €↑
  16. 2010
    Annual accounts 2010406,5 k €↓
  17. 2009
    Annual accounts 2009881,2 k €↓
  18. 2007
    Annual accounts 200724,9 M €↑
  19. 2006
    Annual accounts 2006-7,7 k €
  20. 29/04/1998
    IncorporationForeign company