POLYMER TEAM

Active

Public limited companyfounded 1994active for 32 yearsTransportstraat 6, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0451.811.251

Summary

POLYMER TEAM has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.3m and a net result of €1.1m. Equity is growing by about 6.4% per year across the filed financial years. Its solvency ranks better than 36% of 317 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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POLYMER TEAMActiveChecked score 83/100

Risk analysis Report Compare

Activity

Manufacture of chemicals and chemical products

NACE 20160

8th largest company by total assets in Tessenderlo-Ham, Manufacturing sector1 site

Size

€32.9mturnover 2025

Staff: 21.8 FTE
Equity: €10.3m
Profit: €1.1m

Standalone figures, without subsidiaries

Financial health

83 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

Parent: ARO · 79.87%
Holdings: 3

Noël EssersDirector
TESSDirector · permanent representative Hilde Essers
GP Holding & Consulting SRLDirector

Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES2025 accounts 17 days early1 of 15 deeds summarised

Why 83raises riskLiquidity: current ratio 1.40, cash €131,9021 of the last 3 latelowers riskFounded in 1994Size: turnover €32.9m, 21.8 FTE, total assets €25.3m, files consolidated accountsShow the evidence

Checked score

Score 2025

83 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 26% of its sector peers (NACE 20, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 66-1

equity 40.6% of total assets

Liquidity 28-6

short-term debt 45.5% · cash 0.5%

Profitability 53-17

return on assets 4.2%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (147 companies, NACE 20, small)

Last 24 months 11-2024: 0.4% 12-2024: 0.5%▲ +0.1 percentage points vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.4%▼ -0.1 percentage points vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%▼ -0.1 percentage points vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026highest value 07-2026: 0.5%▼ -0.1 percentage points vs 06-2026 08-2026: 0.3%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value

Credit of up to €850,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.4, compared with 1.74 in 2024, below the usual 1.5; short-term debt: 45.5% and cash: 0.5% of total assets), and 59.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 20, small): better than 33% on solvency, 19% on liquidity, 27% on profitability and 22% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.40, cash €131,902

NBB · annual accounts

Founded in 1994

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

1 of the last 3 late

NBB · filings

Size: turnover €32.9m, 21.8 FTE, total assets €25.3m, files consolidated accounts

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

17 days early

2024

301 days late

2023

on the day

2022

302 days late

2021

26 days early

2020

18 days early

2019

32 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 73 days after the deadline; the sector median (NACE 20) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (4 of the last 5 filed years within 300 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-07-2026 Annual accounts filedfinancial year 2025 · consolidated
14-07-2026 Annual accounts filedfinancial year 2025 · full…
01-06-2026 Annual accounts filedfinancial year 2024 · full…

Key points

Positive: 8th largest company by total assets in Tessenderlo-Ham, Manufacturing sectorin the Checked rankings No. 8 View
Caution: Result fell in 2025from €1.9m to €1.1m ▼ 44.0% View
Controlled by AROultimately: MAN@THEWHEEL 79.87% View
Positive: 5 profitable years in a rowprofit 2025: €1.1m 5 years View

By topic

Financials

Financial year: 2025
Turnover: €32.9m
Profit: €1.1m
Solvency: 40.6%

Turnover▼ 5.1%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Parent: ARO · 79.87%
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

Noël EssersDirector
TESSDirector
GP Holding & Consulting SRLDirector

Go to Board & ownership

Network & group

Group: MAN@THEWHEEL
Subsidiaries: 3
Connected companies: 18

3 subsidiaries

Go to Network & group

Timeline

Events: 41
Since: 1995
Next accounts: by 31-07-2027

28-05-2026Annual accounts filed
02-06-2025Permanent representatives: Sebastiaan Gysemberg, Gert Maris and…
31-12-2024Equity above €10m

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Manufacture of chemicals and chemical productsNACE 20160
Founded: 28-01-1994
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about POLYMER TEAM

What is the company number of POLYMER TEAM?: 0451.811.251. In Belgium the VAT number is the company number with BE in front: BE 0451.811.251.
Where is POLYMER TEAM based?: The registered office is at Transportstraat 6, 3980 Tessenderlo-Ham.Company details
What does POLYMER TEAM do?: According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20160).
What is the legal form of POLYMER TEAM?: Public limited company (NV).
When was POLYMER TEAM founded?: On 28-01-1994.
Is POLYMER TEAM still active?: Yes, POLYMER TEAM is an active enterprise in the KBO register.
How many employees does POLYMER TEAM have?: On average 21.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of POLYMER TEAM?: €32.9m in financial year 2025, according to the filed annual accounts.
Is POLYMER TEAM profitable?: In financial year 2025, POLYMER TEAM made a profit of €1.1m.
Where can I find the annual accounts of POLYMER TEAM?: POLYMER TEAM filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of POLYMER TEAM due?: By 31-07-2027, for financial year 2026.Timeline