NORMAL SITUATION

PolyREC

Financial year 2025 · closed on 31/12/2025
Net result
-73,9 k €
-299.7% YoY
Gross margin
-32,8 k €
-662.7% YoY
Equity
10,1 k €
-88.0% YoY

Company — Normal situation.

Strike-off: 08 août 2026

What does PolyREC do?

PolyREC is a Non-profit organization incorporated in 2021.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0778.628.502
Incorporation
14/12/2021
Legal form
Non-profit organization
Latest accounts
31/12/2025
Signals
Good liquidity
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin-32,8 k €-4,3 k €-4,9 k €117,8 k €
EBITDA-65,8 k €-7,2 k €-4,9 k €117,8 k €
Operating result-73,8 k €-18,4 k €-14,4 k €117,2 k €
Net result-73,9 k €-18,5 k €-14,6 k €117,1 k €
Balance sheet
Equity10,1 k €84 k €102,5 k €117,1 k €
Total assets40 k €90,4 k €106,6 k €137 k €
Cash37 k €63 k €56,8 k €
Debts11 k €6,4 k €4,1 k €20 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

European Manufacturers of Expanded Polystyrene

Director · since 25 octobre 2023 · until 14 décembre 2025 · 0453.127.976

Represented by Lea SALIHOVIC-SARIC

Active
PLASTICS RECYCLERS EUROPE

Director · since 25 octobre 2023 · until 14 décembre 2025 · 0465.304.050

Represented by Antoon EMANS

Active
VINYLPLUS

Director · since 25 octobre 2023 · until 14 décembre 2025 · 0479.082.901

Represented by Peter PRINZ

Active

Ended mandates

Plastics Europe

Director · since 25 octobre 2023 · until 14 décembre 2025 · 0416.155.338

Represented by Katharina SCHLEGEL

Ended
Polyolefin Circular Economy Platform

Director · since 25 octobre 2023 · until 14 décembre 2025 · 0737.397.463

Represented by Patrick NEUMANN

Ended
European Manufacturers of Expanded Polystyrene

Director · since 14 décembre 2021 · until 14 décembre 2023 · 0453.127.976

Represented by Jurgen LANG

Ended
PETCORE EUROPE

Director · since 14 décembre 2021 · until 14 décembre 2023 · 0456.829.121

Represented by Christian CREPET

Ended
Annual accounts

Full financial information

2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202314/12/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months13 months
Filing date08/07/202630/07/202505/08/202430/08/2023
General meeting23/03/202611/06/202526/06/202416/05/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202523/03/202608/07/2026FrenchPDF
Micro model31/12/202411/06/202530/07/2025FrenchPDF
Micro model31/12/202326/06/202405/08/2024FrenchPDF
Micro model31/12/202216/05/202330/08/2023FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

European Manufacturers of Expanded Polystyrene

Director · since 25 octobre 2023 · until 14 décembre 2025 · 0453.127.976

Represented by Lea SALIHOVIC-SARIC

Active
PLASTICS RECYCLERS EUROPE

Director · since 25 octobre 2023 · until 14 décembre 2025 · 0465.304.050

Represented by Antoon EMANS

Active
VINYLPLUS

Director · since 25 octobre 2023 · until 14 décembre 2025 · 0479.082.901

Represented by Peter PRINZ

Active

Ended mandates

Plastics Europe

Director · since 25 octobre 2023 · until 14 décembre 2025 · 0416.155.338

Represented by Katharina SCHLEGEL

Ended
Polyolefin Circular Economy Platform

Director · since 25 octobre 2023 · until 14 décembre 2025 · 0737.397.463

Represented by Patrick NEUMANN

Ended
European Manufacturers of Expanded Polystyrene

Director · since 14 décembre 2021 · until 14 décembre 2023 · 0453.127.976

Represented by Jurgen LANG

Ended
PETCORE EUROPE

Director · since 14 décembre 2021 · until 14 décembre 2023 · 0456.829.121

Represented by Christian CREPET

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution14/08/2026
    Dissolution et clôture de liquidation de l'ASBL
    PDF
  • Mandates11/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other16/12/2021
    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. 2025
    Annual accounts 2025-73,9 k €
  2. 2024
    Annual accounts 2024-18,5 k €
  3. 2023
    Annual accounts 2023-14,6 k €
  4. 2022
    Annual accounts 2022117,1 k €
  5. 14/12/2021
    IncorporationNon-profit organization