ACTIVE

Polestar Automotive Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €+48,9 %over 1 year
Revenue135,4 M €+19,7 %over 1 year
Equity3,4 M €+60,6 %over 1 year
Workforce40,9 ETP+4,9 %over 1 year

Identity

Source · BCE/KBO

Polestar Automotive Belgium is a Private limited company incorporated in 2019. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Bruxelles. It employs on average 40,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0737.385.783
Incorporation
04/11/2019
Legal form
Private limited company
Registered office
Rue Picard 11 box 506
1000 Bruxelles · BruxellesSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Average workforce
40,9 ETP
Joint committees (1)
  • 200
Contacts
2 public details availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20252024202320222021
Income statement
Revenue135,4 M €113,2 M €103,9 M €84,5 M €46,3 M €
EBITDA3,5 M €2,4 M €1,1 M €2,1 M €4,1 M €
Operating result2,5 M €2,3 M €1,2 M €796 k €479,9 k €
Net result1,3 M €862,5 k €666,6 k €399 k €59,5 k €
Balance sheet
Equity3,4 M €2,1 M €1,3 M €590,7 k €191,7 k €
Total assets59,2 M €54,5 M €45,7 M €46 M €25,5 M €
Cash5,6 M €4,1 M €8,4 M €8,2 M €2,6 M €
Debts46,5 M €45,2 M €41,4 M €38,1 M €23,6 M €
Other
Workforce40,9 ETP39,0 ETP34,0 ETP23,1 ETP12,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 7 ended

Active mandates

Franck Malochet

Director · since 30 janvier 2026

Active
Scott Dicken

Director · since 30 janvier 2026

Active
Nils Kristian Elvefors

Director · since 15 mars 2024 · until 30 janvier 2026

Active
Kaj Ola Sjölander

Director · since 07 février 2023 · until 30 janvier 2026

Active
DRIVE+

Managing director · since 19 mai 2020 · 0699.955.661

Represented by Liesbeth EECKMAN

Active

Ended mandates

Nils Kristian Elvefors

Director · since 15 mars 2024

Ended
Kaj Ola Sjölander

Director · since 07 février 2023

Ended
Mikael Alkmark

Director · since 25 novembre 2021 · until 07 février 2023

Ended
Mikael Alkmark

Director · since 25 novembre 2021

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202104/11/2019
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 months14 months
Filing date14/08/202616/07/202510/10/202425/07/202328/07/202219/08/2021
General meeting05/08/202604/07/202530/09/202420/07/202318/07/202230/06/2021
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/08/202614/08/2026DutchPDF
Full model31/12/202404/07/202516/07/2025DutchPDF
Full model31/12/202330/09/202410/10/2024DutchPDF
Full model31/12/202220/07/202325/07/2023DutchPDF
Full model31/12/202118/07/202228/07/2022DutchPDF
Full model31/12/202030/06/202119/08/2021DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025

5 active · 7 ended

Active mandates

Franck Malochet

Director · since 30 janvier 2026

Active
Scott Dicken

Director · since 30 janvier 2026

Active
Nils Kristian Elvefors

Director · since 15 mars 2024 · until 30 janvier 2026

Active
Kaj Ola Sjölander

Director · since 07 février 2023 · until 30 janvier 2026

Active
DRIVE+

Managing director · since 19 mai 2020 · 0699.955.661

Represented by Liesbeth EECKMAN

Active

Ended mandates

Nils Kristian Elvefors

Director · since 15 mars 2024

Ended
Kaj Ola Sjölander

Director · since 07 février 2023

Ended
Mikael Alkmark

Director · since 25 novembre 2021 · until 07 février 2023

Ended
Mikael Alkmark

Director · since 25 novembre 2021

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/02/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office09/11/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/08/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 30/01/2026
    nominationFranck Malochet — bestuurder
  2. 30/01/2026
    nominationScott Dicken — bestuurder
  3. 2025
    Annual accounts 20251,3 M €↑
  4. 2024
    Annual accounts 2024862,5 k €↑
  5. 15/03/2024
    nominationNils Kristian Elvefors — bestuurder
  6. 2023
    Annual accounts 2023666,6 k €↑
  7. 07/02/2023
    nominationKaj Ola Sjölander — bestuurder
  8. 01/01/2023
    reconductionDeloitte Bedrijfsrevisoren — commissaris
  9. 01/01/2023
    nominationSofian Milad — vaste vertegenwoordiger van de commissaris
  10. 2022
    Annual accounts 2022399 k €↑
  11. 2021
    Annual accounts 202159,5 k €↓
  12. 2020
    Annual accounts 2020127,2 k €
  13. 04/11/2019
    IncorporationPrivate limited company