ACTIVE

POLAR PAINTS

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Financial year 2025 · Closed on 30/09/2025

Net result899,1 k €+36,6 %over 1 year

Gross margin2,1 M €+5,9 %over 1 year

Equity1,4 M €-13,9 %over 1 year

Workforce11,0 ETP-3,5 %over 1 year

Identity

Source · BCE/KBO

POLAR PAINTS is a Private limited company incorporated in 2002. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Gent. It employs on average 11,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0478.420.925
Incorporation: 25/09/2002
Legal form: Private limited company
Registered office: Kleimoer 1 box C
9030 Gent · FlandreSee on map
Contributed capital: 20 460,00 €
Latest accounts: 30/09/2025
Average workforce: 11,0 ETP

Activities (NACE)

46731Wholesale of wood, construction materials and sanitary equipment· main 46831Wholesale trade, except of motor vehicles and motorcycles 51532Air transport 47521Retail sale of hardware, paints and glass in specialised stores 47521Retail sale of hardware, paints and glass in specialised stores 52461Warehousing and support activities for transportation

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,1 M €	+5.9%	2 M €	-4.8%	2,1 M €	-8.9%	2,3 M €	-3.2%	2,4 M €
EBITDA	1,3 M €	+9.9%	1,2 M €	-9.7%	1,3 M €	-14.8%	1,5 M €	-4.0%	1,6 M €
Operating result	1,2 M €	+16.4%	1 M €	-33.4%	1,5 M €	+51.0%	1 M €	-22.1%	1,3 M €
Net result	899,1 k €	+36.6%	658,2 k €	-41.7%	1,1 M €	+42.7%	791,1 k €	-14.2%	922,2 k €
Balance sheet
Equity	1,4 M €	-13.9%	1,6 M €	+10.7%	1,4 M €	+24.2%	1,2 M €	-29.6%	1,7 M €
Total assets	4,8 M €	+19.8%	4 M €	+9.5%	3,7 M €	-19.8%	4,6 M €	+32.6%	3,4 M €
Cash	549,3 k €	-29.9%	783,7 k €	+37.3%	571 k €	+15.8%	493,1 k €	-50.7%	999,5 k €
Debts	3,4 M €	+42.3%	2,4 M €	+8.8%	2,2 M €	-34.9%	3,4 M €	+90.5%	1,8 M €
Other
Workforce	11,0 ETP	-3.5%	11,4 ETP	-0.9%	11,5 ETP	-2.5%	11,8 ETP	-4.8%	12,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 4 ended

Active mandates

Philippe Nevejans

Director · since 12 septembre 2002

Active

RM Consulting

Director · 0759.965.207

Represented by Mathias Rouan

Active

Ended mandates

RM Consulting

Director · since 18 décembre 2020 · 0759.965.207

Represented by Mathias Rouan

Ended

Philippe Lucien Nevejans

Director · since 12 septembre 2002

Ended

Philippe Lucien Nevejans

Manager · since 12 septembre 2002

Ended

Philippe Nevejans

Manager · since 12 septembre 2002

Ended

Other companies at this address

Kleimoer 1 9030 Gent

Company	CBE no.
ALTEMP● Active	0447.661.334
Caboor Construction● Active	0876.710.051
Dynadistri● Active	0860.788.886
ESFE● Active	0454.832.109
JESCO● Active	0439.072.676

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/03/2026	31/03/2025	02/04/2024	27/03/2023	28/03/2022	24/03/2021
General meeting	28/03/2026	29/03/2025	30/03/2024	25/03/2023	26/03/2022	12/03/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	28/03/2026	30/03/2026	Dutch	PDF
Abridged model	30/09/2024	29/03/2025	31/03/2025	Dutch	PDF
Abridged model	30/09/2023	30/03/2024	02/04/2024	Dutch	PDF
Abridged model	30/09/2022	25/03/2023	27/03/2023	Dutch	PDF
Abridged model	30/09/2021	26/03/2022	28/03/2022	Dutch	PDF
Abridged model	30/09/2020	12/03/2021	24/03/2021	Dutch	PDF
Abridged model	30/09/2019	13/03/2020	18/03/2020	Dutch	PDF
Abridged model	30/09/2018	08/03/2019	12/03/2019	Dutch	PDF
Abridged model	30/09/2017	09/03/2018	13/03/2018	Dutch	PDF
Abridged model	30/09/2016	10/03/2017	13/03/2017	Dutch	PDF
Abridged model	30/09/2015	11/03/2016	14/03/2016	Dutch	PDF
Abridged model	30/09/2014	13/03/2015	25/03/2015	Dutch	PDF
Abridged model	30/09/2013	07/02/2014	12/02/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	13/03/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	14/03/2012	Dutch	PDF
Abridged modelCorrection	30/09/2010	31/03/2011	20/05/2011	Dutch	PDF
Abridged model	30/09/2010	31/03/2011	26/04/2011	Dutch	PDF
Abridged model	30/09/2009	24/06/2010	27/07/2010	Dutch	PDF
Abridged model	31/12/2007	30/11/2008	03/12/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	03/10/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 30/09/2025

2 active · 4 ended

Active mandates

Philippe Nevejans

Director · since 12 septembre 2002

Active

RM Consulting

Director · 0759.965.207

Represented by Mathias Rouan

Active

Ended mandates

RM Consulting

Director · since 18 décembre 2020 · 0759.965.207

Represented by Mathias Rouan

Ended

Philippe Lucien Nevejans

Director · since 12 septembre 2002

Ended

Philippe Lucien Nevejans

Manager · since 12 septembre 2002

Ended

Philippe Nevejans

Manager · since 12 septembre 2002

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/03/2022
KAPITAAL - AANDELEN
PDF
Mandates26/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/07/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/09/2018
KAPITAAL - AANDELEN
PDF
Capital / shares25/09/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office26/07/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other07/01/2009
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BOEKJAAR
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025899,1 k €↑
2024
Annual accounts 2024658,2 k €↓
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022791,1 k €↓
2021
Annual accounts 2021922,2 k €↑
2020
Annual accounts 2020670,8 k €↑
2019
Annual accounts 2019433,6 k €↓
2018
Annual accounts 2018457,8 k €↑
2017
Annual accounts 2017388,5 k €↑
2016
Annual accounts 2016277,9 k €↓
2015
Annual accounts 2015381,5 k €↑
2014
Annual accounts 2014261,5 k €↑
2013
Annual accounts 2013225,7 k €↑
2012
Annual accounts 2012-33,5 k €↑
2011
Annual accounts 2011-43 k €↓
2010
Annual accounts 2010167,8 k €↓
2009
Annual accounts 2009652,8 k €↑
2007
Annual accounts 2007317,4 k €↑
2006
Annual accounts 200630,8 k €
25/09/2002
IncorporationPrivate limited company

POLAR PAINTS

Overview

Identity

Financials

Valuation

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

Timeline