ACTIVE

Polytek

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Financial year 2025 · closed on 31/12/2025
Net result
5,2 k €
-86.5% YoY
Gross margin
3,7 M €
+8.4% YoY
Equity
390,1 k €
+1.3% YoY
Workforce
37,5 ETP
+6.5% YoY

What does Polytek do?

Polytek is a Private limited company incorporated in 2011. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Tienen. It employs on average 37,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0836.937.180
Incorporation
09/06/2011
Legal form
Private limited company
Registered office
Industriepark 45
3300 Tienen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
37,5 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy82100Office administrative and support activities82190Photocopying, document preparation and other specialised office support activities62020Computer consultancy activities62200Computer programming, consultancy and related activities+3
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin3,7 M €3,4 M €3,3 M €1,7 M €914,2 k €571,7 k €503,3 k €409,9 k €178,9 k €130,3 k €46,6 k €59,9 k €38,4 k €56,2 k €
EBITDA411,7 k €435,2 k €614,2 k €181,9 k €96,4 k €4,1 k €88,6 k €136,9 k €48,7 k €58,9 k €46,3 k €59,3 k €38,3 k €56,2 k €
Operating result134,2 k €134,6 k €365,9 k €42,8 k €49,5 k €-46,4 k €52 k €99,7 k €18,6 k €37 k €36,6 k €52,4 k €33,3 k €52,5 k €
Net result5,2 k €38,3 k €190,8 k €-13,5 k €27,4 k €-97,8 k €30,7 k €71,9 k €9,2 k €19,5 k €21,5 k €32,6 k €20,6 k €33 k €
Balance sheet
Equity390,1 k €384,9 k €346,6 k €155,8 k €169,3 k €141,8 k €239,6 k €202,7 k €130,8 k €121,7 k €102,2 k €80,7 k €48,1 k €27,4 k €
Total assets2,7 M €2,6 M €2,5 M €1,8 M €829,3 k €652,5 k €500,2 k €540,2 k €244,2 k €239,1 k €122,4 k €112,9 k €63,2 k €77,7 k €
Cash449,9 k €95,7 k €348 k €126,8 k €113,9 k €81,9 k €80,6 k €197 k €38,3 k €123,1 k €68 k €85,8 k €35,4 k €47,5 k €
Debts2,3 M €2,2 M €2,1 M €1,6 M €660 k €504,9 k €260,6 k €337,5 k €113,3 k €117,4 k €20,2 k €32,2 k €15,1 k €50,3 k €
Other
Workforce37,5 ETP35,2 ETP32,4 ETP22,1 ETP13,6 ETP11,4 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 31/12/2025 · 1 active · 1 ended

Active mandates

Werner Herbots

Director · since 14 juillet 2011

Active

Ended mandates

Werner Herbots

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date27/07/202625/06/202526/06/202428/11/202329/08/202223/08/2021
General meeting29/06/202609/06/202510/06/202403/11/202330/06/202214/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202627/07/2026DutchPDF
Abridged model31/12/202409/06/202525/06/2025DutchPDF
Abridged model31/12/202310/06/202426/06/2024DutchPDF
Abridged model31/12/202203/11/202328/11/2023DutchPDF
Abridged model31/12/202130/06/202229/08/2022DutchPDF
Abridged model31/12/202014/06/202123/08/2021DutchPDF
Micro model31/12/201917/08/202030/12/2020DutchPDF
Micro model31/12/201810/06/201930/08/2019DutchPDF
Micro model31/12/201711/06/201830/08/2018DutchPDF
Micro model31/12/201612/06/201729/08/2017DutchPDF
Abridged model31/12/201513/06/201630/08/2016DutchPDF
Abridged model31/12/201408/06/201508/07/2015DutchPDF
Abridged model31/12/201310/06/201414/07/2014DutchPDF
Abridged model31/12/201210/06/201324/06/2013DutchPDF
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 31/12/2025 · 1 active · 1 ended

Active mandates

Werner Herbots

Director · since 14 juillet 2011

Active

Ended mandates

Werner Herbots

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/07/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office17/02/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/06/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20255,2 k €↓
  2. 2024
    Annual accounts 202438,3 k €↓
  3. 2023
    Annual accounts 2023190,8 k €↑
  4. 2022
    Annual accounts 2022-13,5 k €↓
  5. 2021
    Annual accounts 202127,4 k €↑
  6. 2020
    Annual accounts 2020-97,8 k €↓
  7. 2019
    Annual accounts 201930,7 k €↓
  8. 2018
    Annual accounts 201871,9 k €↑
  9. 2017
    Annual accounts 20179,2 k €↓
  10. 2016
    Annual accounts 201619,5 k €↓
  11. 2015
    Annual accounts 201521,5 k €↓
  12. 2014
    Annual accounts 201432,6 k €↑
  13. 2013
    Annual accounts 201320,6 k €↓
  14. 2012
    Annual accounts 201233 k €
  15. 09/06/2011
    IncorporationPrivate limited company