ACTIVE

POLYMORPH

Financial year 2025 · closed on 31/12/2025
Net result
55,9 k €
+53.4% YoY
Gross margin
82,9 k €
+42.7% YoY
Equity
230,8 k €
+32.0% YoY

What does POLYMORPH do?

POLYMORPH is a Private limited company incorporated in 2017. Its registered office is in Leuze-en-Hainaut.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0684.646.883
Incorporation
13/11/2017
Legal form
Private limited company
Registered office
Chemin de Malametz(L) 5
7900 Leuze-en-Hainaut · WallonieSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin82,9 k €58,1 k €49,2 k €60,7 k €49,0 k €49,8 k €27,0 k €47,7 k €
EBITDA81,8 k €57,1 k €48,2 k €59,3 k €48,6 k €49,4 k €27,0 k €47,3 k €
Operating result73,1 k €48,5 k €42,2 k €51,8 k €42,4 k €42,7 k €20,6 k €42,2 k €
Net result55,9 k €36,5 k €32,0 k €35,3 k €28,3 k €30,5 k €12,3 k €27,1 k €
Balance sheet
Equity230,8 k €174,9 k €138,4 k €106,4 k €91,5 k €70,5 k €40,0 k €21,5 k €
Total assets252,1 k €188,4 k €150,5 k €144,0 k €114,4 k €99,9 k €54,2 k €66,9 k €
Cash75,5 k €76,8 k €75,5 k €72,8 k €59,4 k €57,8 k €9,0 k €28,1 k €
Debts21,3 k €13,6 k €12,0 k €37,6 k €22,8 k €29,3 k €14,3 k €45,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Thomas Corsellis

Manager

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date25/08/202611/08/202509/08/202418/08/202319/08/202213/08/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202203/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202505/06/202625/08/2026FrenchPDF
Micro model31/12/202406/06/202511/08/2025FrenchPDF
Micro model31/12/202307/06/202409/08/2024FrenchPDF
Micro model31/12/202202/06/202318/08/2023FrenchPDF
Micro model31/12/202103/06/202219/08/2022FrenchPDF
Micro model31/12/202003/06/202113/08/2021FrenchPDF
Micro model31/12/201905/06/202026/08/2020FrenchPDF
Micro model31/12/201807/06/201926/09/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active

Active mandates

Thomas Corsellis

Manager

Active
Shareholders

Ownership and network

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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 202555,9 k €
  2. 2024
    Annual accounts 202436,5 k €
  3. 2023
    Annual accounts 202332,0 k €
  4. 2022
    Annual accounts 202235,3 k €
  5. 2021
    Annual accounts 202128,3 k €
  6. 2020
    Annual accounts 202030,5 k €
  7. 2019
    Annual accounts 201912,3 k €
  8. 2018
    Annual accounts 201827,1 k €
  9. 13/11/2017
    IncorporationPrivate limited company