POLYPANE GLASINDUSTRIE
ActiveSummary
POLYPANE GLASINDUSTRIE has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.4m and a net result of €362,774. Equity grew by about 2.9% per year on average since 2018. In 2025 it fell by 0.6%. Its solvency ranks better than 52% of 366 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 19-12-1972 Normal situation
- Activity
- Manufacture of other non-metallic mineral products NACE 23120and 2 others
- Joint committees
- 124 Construction
- 200 Auxiliary committee for white-collar workers
- 115 Glass industry · annual accounts 2025
- Establishment units
- 2.007.743.711 9100 Sint-Niklaas, since 01-01-1973
- 2.165.288.636 9140 Temse, since 01-03-2000and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Board and ownership
- Franky SYMOENSManaging director
- TAL Consult BVDirector · since 24-06-2021 · permanent representative Tom THIEFFREY
- 3DH NVDirector · since 04-06-2024
- Auditor
- EY Bedrijfsrevisoren
- Jesymco50%· score 84annual accounts 2025
- HOLDING DG49.6%· score 77annual accounts 2025
- IMMO WAGLAS0.4%· score 96annual accounts 2025
- Holdings
- Shares in 1 company Polysun
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €30.9m
- ▼ 3.1%
- Profit
- €362,774
- ▼ 80.0%
- Equity
- €7.4m
- ▼ 0.6%
- Total assets
- €15.6m
- =
- Employees on 31-12-2025
- 143
- ▼ 2.7%
Score breakdownlowers riskSector: Manufacture of other non-metallic mineral products (NACE 23)Liquidity: current ratio 2.75, cash €1.5mFounded in 1972Legal form: public limited companyShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 23, medium-sized). It does better than 52% of them on solvency, 73% on liquidity, 48% on profitability and 44% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Result fell in 2025from €1.8m to €362,774 ▼ 80.0% View
- Positive: 4th largest employer in East Flanders, Non-metallic mineral products sectorin the Checked rankings No. 4 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Board changedlatest change 05-06-2026 · 3 in office 1 joined · 1 left View
Recent changes
- · Gazette deed 1 director resigning, 1 director reappointedResignation: Marianne DE GEEST (director) · Reappointment: Franky SYMOENS (director) · Permanent representatives: Marleen DEFOER and Brecht DEKETELE
- · Gazette deed Amendment of the articles · Resignations & appointmentsGeneral meeting of 08-08-2025
- · Gazette deed 3DH reappointed as directorReappointments: 3DH (director) and EY BEDRIJFSREVISOREN (statutory auditor) · Permanent representative: Bart D'HONDT
Comparable companies
These companies have the same main activity as POLYPANE GLASINDUSTRIE: manufacture of other non-metallic mineral products (NACE 23120). They are comparable in size and age: total assets between €4.5m and €83m, founded between 1968 and 1986.
| Company | Total assets | Turnover |
|---|---|---|
| POLYPANE GLASINDUSTRIE Sint-Niklaas | €15.6m | €30.9m |
| SPRIMOGLASS Sprimont | €82.6m | €41.7m |
| EUROGLAS - DE LANDTSHEER Bornem | €9.5m | €23.9m |
| Meyvaert Ghent | €13.2m | €22.0m |
| DEKNUDT MIRROR WORKS Deerlijk | €4.7m | - |
| EUROVER Tubize | €4.5m | - |
| SOLITHERM Waregem | €5.5m | - |
Key facts about POLYPANE GLASINDUSTRIE
- What is the company number of POLYPANE GLASINDUSTRIE?
- The company number of POLYPANE GLASINDUSTRIE is 0412.801.613. The VAT number is the same number with BE in front: BE 0412.801.613.
- Where is POLYPANE GLASINDUSTRIE based?
- The registered office is at Industriepark-Noord 31, 9100 Sint-Niklaas.Company details
- What does POLYPANE GLASINDUSTRIE do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23120).
- What is the legal form of POLYPANE GLASINDUSTRIE?
- POLYPANE GLASINDUSTRIE is a public limited company (NV).
- When was POLYPANE GLASINDUSTRIE founded?
- POLYPANE GLASINDUSTRIE was founded on 19-12-1972.
- Is POLYPANE GLASINDUSTRIE still active?
- Yes, POLYPANE GLASINDUSTRIE is an active enterprise in the KBO register.
- How many employees does POLYPANE GLASINDUSTRIE have?
- POLYPANE GLASINDUSTRIE had an average of 143.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does POLYPANE GLASINDUSTRIE fall under?
- In its 2025 annual accounts, POLYPANE GLASINDUSTRIE states joint committees 124 (Construction), 200 (Auxiliary committee for white-collar workers) and 115 (Glass industry).
- What is the turnover of POLYPANE GLASINDUSTRIE?
- The turnover of POLYPANE GLASINDUSTRIE was €30.9m in financial year 2025, according to the filed annual accounts.
- Is POLYPANE GLASINDUSTRIE profitable?
- In financial year 2025, POLYPANE GLASINDUSTRIE made a profit of €362,774.
- Where can I find the annual accounts of POLYPANE GLASINDUSTRIE?
- POLYPANE GLASINDUSTRIE filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POLYPANE GLASINDUSTRIE due?
- POLYPANE GLASINDUSTRIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.