ACTIVE

POLYPAL BELGIUM

Financial year 2025 · closed on 31/03/2025
Net result
-115,8 k €
-589.0% YoY
Revenue
985,8 k €
-44.1% YoY
Equity
117,8 k €
-49.6% YoY
Workforce
6,3 ETP
0.0% YoY

What does POLYPAL BELGIUM do?

POLYPAL BELGIUM is a Public limited company incorporated in 2004. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Hasselt. It employs on average 6,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.217.979
Incorporation
25/11/2004
Legal form
Public limited company
Registered office
Hendrik van Veldekesingel 150 box 17
3500 Hasselt · FlandreSee on map
Contributed capital
462 094,00 €
Latest accounts
31/03/2025
Average workforce
6,3 ETP
Joint committees (5)
  • 111
  • 14904
  • 200
  • 209
  • 218
Signals
Good liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue985,8 k €1,8 M €2,1 M €1,8 M €942,8 k €2,4 M €2 M €1,9 M €1,6 M €1,4 M €2,3 M €2,6 M €3 M €3,5 M €2,7 M €2,6 M €5 M €8,1 M €7 k €
EBITDA-114,4 k €24,9 k €24,7 k €105,5 k €182 k €5,4 k €46,4 k €-30,3 k €-20,9 k €-142,5 k €-186,5 k €-30,9 k €-87,7 k €-38,3 k €-132,1 k €-91,3 k €-446,3 k €-1,4 M €-729 €
Operating result-114,4 k €24,9 k €27,2 k €79,9 k €182 k €5,4 k €46,3 k €29 k €-29,2 k €-204,1 k €-446,1 k €-320,8 k €-376,1 k €-328,3 k €-429,8 k €-411,2 k €-766,9 k €-1,7 M €-1 k €
Net result-115,8 k €23,7 k €25,8 k €76,9 k €181,4 k €2,6 k €41,2 k €45,5 k €-31,3 k €-206,5 k €-387,9 k €-329,6 k €-377 k €-333,2 k €-456,7 k €-433,5 k €-743,8 k €-1,8 M €-1,1 k €
Balance sheet
Equity117,8 k €233,6 k €209,9 k €184 k €107,1 k €-74,3 k €-76,8 k €-118 k €-163,5 k €-132,3 k €74,2 k €-167,9 k €161,7 k €538,8 k €-1,5 M €-1 M €-587,9 k €-3,7 M €-1,9 k €
Total assets650,9 k €763,5 k €707 k €844,3 k €1 M €1 M €574,9 k €567 k €866,4 k €598,4 k €785,4 k €786,7 k €1,2 M €1,8 M €2,1 M €2,4 M €2,7 M €5,1 M €4,8 k €
Cash178,5 k €181,5 k €19,1 k €100,7 k €109 k €15,8 k €21,7 k €25,7 k €346,5 k €27,4 k €56,1 k €122,8 k €51,4 k €65,3 k €109,8 k €123,6 k €139,1 k €321,8 k €310 €
Debts533,2 k €529,9 k €497,1 k €660,3 k €908,7 k €1,1 M €588,3 k €625,8 k €898,5 k €438,6 k €349,9 k €616,2 k €610,7 k €668,2 k €2,9 M €2,4 M €2 M €7,3 M €6,7 k €
Other
Workforce6,3 ETP6,3 ETP6,4 ETP8,2 ETP8,3 ETP8,5 ETP9,6 ETP9,3 ETP8,8 ETP10,1 ETP10,6 ETP10,9 ETP10,4 ETP11,3 ETP12,2 ETP12,9 ETP14,4 ETP17,3 ETP16,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 23 ended

Active mandates

Richard Eric MOSS

Director · since 01 juillet 2023 · until 30 juin 2029

Active
Oliver VAUGHAN

Director · since 01 avril 2020 · until 03 septembre 2026

Active

Ended mandates

Oliver VAUGHAN

Director · since 01 avril 2020 · until 31 mars 2025

Ended
Oliver VAUGHAN

Director · since 01 avril 2020 · until 31 mars 2026

Ended
Gerard Noel SMALL

Director · since 02 octobre 2017 · until 31 mars 2020

Ended
Gerard Noel SMALL

Director · since 02 octobre 2017 · until 01 septembre 2022

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/10/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202130/09/2020
Length of the financial year12 months12 months12 months12 months6 months18 months
Filing date08/04/202625/09/202416/10/202323/01/202305/11/202105/08/2021
General meeting31/03/202619/09/202407/09/202301/09/202218/10/202105/08/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202531/03/202608/04/2026DutchPDF
Full model31/03/202419/09/202425/09/2024DutchPDF
Full model31/03/202307/09/202316/10/2023DutchPDF
Full model31/03/202201/09/202223/01/2023DutchPDF
Full model31/03/202118/10/202105/11/2021DutchPDF
Full model30/09/202005/08/202105/08/2021DutchPDF
Full model31/03/201905/09/201927/09/2019DutchPDF
Full model31/03/201806/09/201825/09/2018DutchPDF
Full model31/03/201707/09/201722/09/2017DutchPDF
Full model31/03/201601/09/201626/09/2016DutchPDF
Full model31/03/201503/09/201517/09/2015DutchPDF
Full model31/03/201404/09/201430/09/2014DutchPDF
Full model31/03/201315/11/201318/11/2013DutchPDF
Full model31/03/201211/10/201204/12/2012DutchPDF
Full model31/03/201115/09/201123/01/2012DutchPDF
Full model31/03/201002/09/201010/03/2011DutchPDF
Full model31/03/200925/06/201015/07/2010DutchPDF
Full model31/03/200804/09/200810/10/2008FrenchPDF
Full model31/03/200706/09/200726/11/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 23 ended

Active mandates

Richard Eric MOSS

Director · since 01 juillet 2023 · until 30 juin 2029

Active
Oliver VAUGHAN

Director · since 01 avril 2020 · until 03 septembre 2026

Active

Ended mandates

Oliver VAUGHAN

Director · since 01 avril 2020 · until 31 mars 2025

Ended
Oliver VAUGHAN

Director · since 01 avril 2020 · until 31 mars 2026

Ended
Gerard Noel SMALL

Director · since 02 octobre 2017 · until 31 mars 2020

Ended
Gerard Noel SMALL

Director · since 02 octobre 2017 · until 01 septembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates10/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/04/2020
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    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 2025-115,8 k €
  2. 2024
    Annual accounts 202423,7 k €
  3. 2023
    Annual accounts 202325,8 k €
  4. 2022
    Annual accounts 202276,9 k €
  5. 2021
    Annual accounts 2021181,4 k €
  6. 2020
    Annual accounts 20202,6 k €
  7. 2019
    Annual accounts 201941,2 k €
  8. 2018
    Annual accounts 201845,5 k €
  9. 2017
    Annual accounts 2017-31,3 k €
  10. 2016
    Annual accounts 2016-206,5 k €
  11. 2015
    Annual accounts 2015-387,9 k €
  12. 2014
    Annual accounts 2014-329,6 k €
  13. 2013
    Annual accounts 2013-377 k €
  14. 2012
    Annual accounts 2012-333,2 k €
  15. 2011
    Annual accounts 2011-456,7 k €
  16. 2010
    Annual accounts 2010-433,5 k €
  17. 2009
    Annual accounts 2009-743,8 k €
  18. 2008
    Annual accounts 2008-1,8 M €
  19. 2007
    Annual accounts 2007-1,1 k €
  20. 25/11/2004
    IncorporationPublic limited company