ACTIVE

POLAR ELECTRO BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result18,2 k €+14,0 %over 1 year

Revenue694,4 k €-5,6 %over 1 year

Equity257,4 k €+7,6 %over 1 year

Workforce6,1 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

POLAR ELECTRO BELGIUM is a Public limited company incorporated in 2004. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Dendermonde. It employs on average 6,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0864.427.079
Incorporation: 31/03/2004
Legal form: Public limited company
Registered office: Noordlaan (DEN) 21
9200 Dendermonde · FlandreSee on map
Contributed capital: 150 000,00 €
Latest accounts: 31/12/2025
Average workforce: 6,1 ETP

Activities (NACE)

46180Agents specialised in the sale of other particular products· main 46431Wholesale of electrical household appliances 46431Wholesale of electrical household appliances 51430Air transport 70200Management consultancy activities 70220Business and other management consultancy activities+3

Joint committees (3)

14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	694,4 k €	-5.6%	735,5 k €	-48.5%	1,4 M €	-23.8%	1,9 M €	-31.1%	2,7 M €
EBITDA	34,2 k €	-1.1%	34,6 k €	-33.4%	51,9 k €	-37.8%	83,4 k €	-20.0%	104,3 k €
Operating result	30,9 k €	-2.0%	31,5 k €	-36.5%	49,6 k €	-38.0%	80 k €	-20.0%	99,9 k €
Net result	18,2 k €	+14.0%	16 k €	-38.9%	26,1 k €	-36.3%	41 k €	-28.4%	57,3 k €
Balance sheet
Equity	257,4 k €	+7.6%	239,2 k €	-26.0%	323,2 k €	-45.9%	597,1 k €	+7.4%	556 k €
Total assets	350,7 k €	-3.3%	362,8 k €	-23.1%	471,9 k €	-42.7%	823 k €	+1.1%	814,1 k €
Cash	78,3 k €	-6.8%	84 k €	-46.1%	156 k €	-49.4%	308,1 k €	-42.3%	534 k €
Debts	93,3 k €	-24.5%	123,6 k €	-16.9%	148,7 k €	-34.2%	225,9 k €	-12.5%	258,1 k €
Other
Workforce	6,1 ETP	0.0%	6,1 ETP	-20.8%	7,7 ETP	-4.9%	8,1 ETP	0.0%	8,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 18 ended

Active mandates

Sander WERRING

Director · since 03 mai 2023 · until 27 avril 2029

Active

Eric CHOUHMAT

Director · since 28 avril 2023 · until 28 avril 2028

Active

Yves SPRUNGER

Director · since 04 janvier 2023 · until 28 avril 2028

Active

Ended mandates

Eric CHOUMAT

Director · since 28 avril 2023 · until 28 avril 2028

Ended

Matti PALATSI

Director · since 29 avril 2022 · until 02 mai 2023

Ended

Matti PALATSI

Director · since 29 avril 2022 · until 28 avril 2028

Ended

Bernhard FEY

Director · since 29 avril 2016 · until 29 avril 2022

Ended

Other companies at this address

Noordlaan (DEN) 21 9200 Dendermonde

Company	CBE no.
BMC Tech Tribe● Active	1012.555.086
KINDEE● Active	0715.936.709
PROJINIT● Active	0864.657.802
TRY DENDERMONDE● Active	0438.558.081

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/06/2026	18/07/2025	13/05/2024	31/05/2023	24/05/2022	31/05/2021
General meeting	24/04/2026	25/04/2025	26/04/2024	28/04/2023	29/04/2022	30/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	24/04/2026	01/06/2026	Dutch	PDF
Full model	31/12/2024	25/04/2025	18/07/2025	Dutch	PDF
Full model	31/12/2023	26/04/2024	13/05/2024	Dutch	PDF
Full model	31/12/2022	28/04/2023	31/05/2023	Dutch	PDF
Full model	31/12/2021	29/04/2022	24/05/2022	Dutch	PDF
Full model	31/12/2020	30/04/2021	31/05/2021	Dutch	PDF
Full model	31/12/2019	29/05/2020	28/09/2020	Dutch	PDF
Full model	31/12/2018	26/04/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	27/04/2018	11/06/2018	Dutch	PDF
Full model	31/12/2016	28/04/2017	27/07/2017	Dutch	PDF
Full model	31/12/2015	29/04/2016	30/06/2016	Dutch	PDF
Full model	31/12/2014	24/04/2015	06/07/2015	Dutch	PDF
Full model	31/12/2013	25/04/2014	16/06/2014	Dutch	PDF
Full model	31/12/2012	26/04/2013	29/05/2013	Dutch	PDF
Full model	31/12/2011	27/04/2012	31/05/2012	Dutch	PDF
Full model	31/12/2010	29/04/2011	04/07/2011	Dutch	PDF
Full model	31/12/2009	30/04/2010	28/05/2010	Dutch	PDF
Full model	31/12/2008	24/04/2009	22/05/2009	Dutch	PDF
Full model	31/12/2007	25/04/2008	09/05/2008	Dutch	PDF
Full model	31/12/2006	27/04/2007	25/05/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 18 ended

Active mandates

Sander WERRING

Director · since 03 mai 2023 · until 27 avril 2029

Active

Eric CHOUHMAT

Director · since 28 avril 2023 · until 28 avril 2028

Active

Yves SPRUNGER

Director · since 04 janvier 2023 · until 28 avril 2028

Active

Ended mandates

Eric CHOUMAT

Director · since 28 avril 2023 · until 28 avril 2028

Ended

Matti PALATSI

Director · since 29 avril 2022 · until 02 mai 2023

Ended

Matti PALATSI

Director · since 29 avril 2022 · until 28 avril 2028

Ended

Bernhard FEY

Director · since 29 avril 2016 · until 29 avril 2022

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/08/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/10/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/08/2019
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202518,2 k €↑
2024
Annual accounts 202416 k €↓
2023
Annual accounts 202326,1 k €↓
2022
Annual accounts 202241 k €↓
2021
Annual accounts 202157,3 k €↓
2020
Annual accounts 202068,4 k €↑
2019
Annual accounts 201943,7 k €↑
2018
Annual accounts 201819,7 k €↓
2017
Annual accounts 2017103,3 k €↑
2016
Annual accounts 2016100,5 k €↓
2015
Annual accounts 2015101,3 k €↑
2014
Annual accounts 2014-19,8 k €↑
2013
Annual accounts 2013-128,6 k €↓
2012
Annual accounts 201210,3 k €↑
2011
Annual accounts 2011-126,7 k €↓
2010
Annual accounts 201044,6 k €↑
2009
Annual accounts 200934,4 k €↑
2008
Annual accounts 200817,5 k €↓
2007
Annual accounts 200746,5 k €↑
2006
Annual accounts 2006-1,7 k €
31/03/2004
IncorporationPublic limited company

POLAR ELECTRO BELGIUM

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline