Polymat Holding
ActivePolymat Holding is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €13.46M and a net result of €1.01M. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 3169 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-01-2026, 115 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
115 d early
2024
93 d early
2023
110 d early
2022
55 d early
2021
47 d early
2020
52 d early
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€13.46M▲ 7.5%
2024 · €12.52M
2018: €6.32M
2019: €6.94M
2020: €7.91M
2021: €10.33M
2022: €10.79M
2023: €11.62M
2024: €12.52M
2018 → 2025
Net result
€1.01M▲ 5.0%
2024 · €964k
2018: €11k
2019: €621k
2020: €972k
2021: €2.52M
2022: €1.02M
2023: €900k
2024: €964k
2018 → 2025
Total assets
€13.60M▲ 7.3%
2024 · €12.68M
2018: €7.72M
2019: €7.54M
2020: €7.97M
2021: €10.48M
2022: €10.91M
2023: €11.74M
2024: €12.68M
2018 → 2025
Solvency
98.9%▲ 0.2pp
2024 · 98.7%
2018: 81.8%
2019: 92.1%
2020: 99.3%
2021: 98.6%
2022: 98.9%
2023: 99.0%
2024: 98.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€260k-€313k▲ 20.4%€333k▲ 6.3%€396k▲ 18.9%€388k▼ 2.1%
Equity€10.33M-€10.79M▲ 4.4%€11.62M▲ 7.7%€12.52M▲ 7.7%€13.46M▲ 7.5%
Operating result€33k-€34k▲ 3.7%€40k▲ 16.9%€50k▲ 25.6%€50k▼ 1.0%
Net result€2.52M-€1.02M▼ 59.4%€900k▼ 11.9%€964k▲ 7.1%€1.01M▲ 5.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.60M
Fixed assets
€7.43M=
Current assets
€6.17M▲ 17.6%
Equity and liabilities €13.60M
Equity
€13.46M▲ 7.5%
Debt
€146k▼ 10.8%
The debt ratio falls from 1.3% to 1.1%: equity grows while debt is paid down.
Key figures and ratios
Solvency
98.9%▲
2024 · 98.7%
ROE
7.5%▼
2024 · 7.7%
ROA
7.4%▼
2024 · 7.6%
Debt
€146k▼
2024 · €163k
Debt ≤ 1 year
€139k▼
2024 · €146k
Income taxes
€39k▼
2024 · €57k
Staff costs
€203k▼
2024 · €214k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€12.68M€13.60M▲
Fixed assets21/28€7.43M€7.43M=
Financial fixed assets28€7.43M€7.43M=
Affiliated companies280/1€7.43M€7.43M=
Participating interests280€7.43M€7.43M=
Current assets29/58€5.25M€6.17M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€495k€933k▲
Trade receivables40€46k€36k▼
Other amounts receivable41€449k€898k▲
Current investments50/53€4.65M€4.09M▼
Other investments51/53€4.65M€4.09M▼
Cash at bank and in hand54/58€49k€1.13M▲
Deferred charges and accrued income490/1€54k€18k▼
Equity and liabilities
Total equity and liabilities10/49€12.68M€13.60M▲
Equity10/15€12.52M€13.46M▲
Contributions10/11€3.40M€3.40M=
Reserves13€359k€359k=
Distributable reserves133€359k€359k=
Profit (loss) carried forward14€8.75M€9.70M▲
Amounts payable17/49€163k€146k▼
Amounts payable within one year42/48€146k€139k▼
Financial debts43-€6
Credit institutions430/8-€6
Trade debts44€23k€12k▼
Suppliers440/4€23k€12k▼
Taxes, remuneration and social security45€53k€57k▲
Taxes450/3€21k€22k▲
Remuneration and social security454/9€33k€35k▲
Other amounts payable47/48€70k€70k=
Accrued charges and deferred income492/3€17k€7k▼
Income statement
Code20242025
Operating income70/76A€397k€388k▼
Turnover70€396k€388k▼
Other operating income74€1k€0▼
Operating charges60/66A€347k€338k▼
Services and other goods61€132k€134k▲
Remuneration, social security and pensions62€214k€203k▼
Other operating charges640/8€2k€1k▼
Operating profit (loss)9901€50k€50k▼
Financial income75/76B€972k€1.00M▲
Recurring financial income75€972k€1.00M▲
Income from financial fixed assets750€797k€897k▲
Income from current assets751€175k€103k▼
Other financial income752/9€0€3k▲
Financial charges65/66B€941€55▼
Recurring financial charges65€941€55▼
Debt charges650€77€0▼
Other financial charges652/9€864€55▼
Profit (loss) for the period before taxes9903€1.02M€1.05M▲
Income taxes67/77€57k€39k▼
Taxes670/3€57k€39k▼
Tax adjustments and reversals of tax provisions77€0€19▲
Profit (loss) for the period9904€964k€1.01M▲
Profit (loss) for the period to be appropriated9905€964k€1.01M▲
Appropriation of the result
Profit (loss) to be appropriated9906€8.82M€9.77M▲
Profit (loss) brought forward from the previous period14P€7.86M€8.75M▲
Profit to be distributed694/7€70k€70k=
Return on contributions (dividend)694€70k€70k=
Social balance
Average headcount (FTE)90873.73.0▼
The notes to these accounts (37 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Highest result since 2018net €2.52M ▲159%
Net result €2.52M, the highest in the series.
30-09
Financial
Liquidity doublescurrent ratio 20.48
Current ratio from 9.27 to 20.48.
30-09
Financial
Equity above €10MEq €10.33M ▲30.5%
4 profitable years in a row build equity to €10.33M.
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Liquidity times 26current ratio 9.27
Current ratio from 0.35 to 9.27; short-term debt falls from €598k to €58k.
16-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bergbosstraat 1159820 Merelbeke-MelleGround area
6,995 m²
Building footprint
2,961 m²
Volume, LiDAR
16,586 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ottergemsesteenweg 248, 9000 Gent
since 20072.229.420.482
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0614/00H000 | Flanders | 3,654 m² | 1 · 236 m² | 8.3 m · 2 fl. |
| 44808H0210/00Z000 | Flanders | 3,341 m² | 1 · 2,725 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,637 companies in sector 64210 we hold annual accounts for 19,690. 5,198 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2007
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.