ACTIVE

POLARSUN

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Financial year 2024 · closed on 31/12/2024
Net result
9,7 k €
-98.4% YoY
Gross margin
1,4 M €
-39.9% YoY
Equity
699,5 k €
+1.4% YoY
Workforce
19,6 ETP
-12.5% YoY

What does POLARSUN do?

POLARSUN is a Private limited company incorporated in 2021. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Blégny. It employs on average 19,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0769.520.103
Incorporation
09/06/2021
Legal form
Private limited company
Registered office
Rue du Fort 5
4671 Blégny · WallonieSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2024
Average workforce
19,6 ETP
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202420232022
Income statement
Gross margin1,4 M €2,4 M €513,3 k €
EBITDA139,3 k €1 M €23,1 k €
Operating result60,5 k €832,6 k €8,8 k €
Net result9,7 k €591,3 k €-1,6 k €
Balance sheet
Equity699,5 k €689,8 k €98,4 k €
Total assets2,6 M €3,5 M €3 M €
Cash586,6 k €435,9 k €476,3 k €
Debts1,9 M €2,7 M €2,9 M €
Other
Workforce19,6 ETP22,4 ETP8,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 2 ended

Active mandates

J.ISTA

Managing director · since 26 août 2024 · 1010.291.820

Represented by Jérôme ISTA

Active
BFM

Director · since 12 septembre 2023 · 0753.406.423

Active
Overcool

Director · since 12 septembre 2023 · 0748.647.879

Represented by Jan Van der Beke

Active
ARVEST GROUP

Director · since 15 décembre 2022 · 0838.550.746

Represented by Yves WARNANT

Active

Ended mandates

Laura WARNANT

Managing director · since 10 octobre 2022 · until 30 avril 2024

Ended
Laura WARNANT

Managing director · since 10 octobre 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
Association Momentanée Polarsun-VHC● Active
1026.679.870
IMMO FORT CINQ● Active
1007.984.408
IMMO PAGGEN● Active
0792.400.918
La société momentanée Perpetum Energy BV - POLARSUN SRL● Active
1001.601.214
SYNCHRONE● Active
0474.675.537
Annual accounts

Full financial information

202420232022
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202309/06/2021
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months19 months
Filing date26/08/202517/06/202409/06/2023
General meeting20/06/202506/06/202406/06/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection31/12/202420/06/202526/08/2025FrenchPDF
Abridged model31/12/202420/06/202520/06/2025FrenchPDF
Abridged model31/12/202306/06/202417/06/2024FrenchPDF
Abridged model31/12/202206/06/202309/06/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 2 ended

Active mandates

J.ISTA

Managing director · since 26 août 2024 · 1010.291.820

Represented by Jérôme ISTA

Active
BFM

Director · since 12 septembre 2023 · 0753.406.423

Active
Overcool

Director · since 12 septembre 2023 · 0748.647.879

Represented by Jan Van der Beke

Active
ARVEST GROUP

Director · since 15 décembre 2022 · 0838.550.746

Represented by Yves WARNANT

Active

Ended mandates

Laura WARNANT

Managing director · since 10 octobre 2022 · until 30 avril 2024

Ended
Laura WARNANT

Managing director · since 10 octobre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/02/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office22/06/2022
    SIEGE SOCIAL
    PDF
  • Mandates03/05/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other11/06/2021
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2024
    Annual accounts 20249,7 k €↓
  2. 2023
    Annual accounts 2023591,3 k €↑
  3. 2022
    Annual accounts 2022-1,6 k €
  4. 09/06/2021
    IncorporationPrivate limited company