Financials
Financial year 2025
POLYPANE GLASINDUSTRIE from Sint-Niklaas, company number BE0412801613, closed financial year 2025 with a result of € 362,774 after tax. For that financial year POLYPANE GLASINDUSTRIE recorded revenue of € 30.9 million and equity of € 7.4 million. Compared with financial year 2024, the result moved from € 1.8 million to € 362,774. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 7.4 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 362,774
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
143.7
▼ 4.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.7 million
▲ 3% vs 2024
€ 60,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 677,618
▼ 20% vs 2024
Of which on lease € 260,164.
Debts at end 2025
€ 3.8 million
▲ 24% vs 2024
€ 826,132 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.7 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.
€ 1.3 million
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 34,871,575 | € 34,328,620 | € 31,824,852 | € 30,850,029 | ▼ 3% |
| Profit after taxes | € -92,845 | € 901,250 | € 1,817,728 | € 362,774 | ▼ 80% |
| Equity | € 6,629,214 | € 6,673,520 | € 7,474,303 | € 7,430,133 | ▼ 1% |
| Total debts | € 9,496,741 | € 8,569,254 | € 7,407,506 | € 7,789,328 | ▲ 5% |
| Cash | € 874,181 | € 1,764,841 | € 2,000,312 | € 1,462,871 | ▼ 27% |
| Retained profit | € 5,985,229 | € 6,036,479 | € 6,844,206 | € 6,806,980 | ▼ 1% |
| Dividend | € 0 | € 850,000 | € 1,010,000 | € 400,000 | ▼ 60% |
| Bank debt | € 4,677,976 | € 3,732,212 | € 3,050,572 | € 3,773,874 | ▲ 24% |
| Balance sheet total | € 16,528,925 | € 15,906,067 | € 15,596,909 | € 15,604,461 | |
| Employees (FTE) | 150.5 | 151.9 | 148.3 | 143.7 | ▼ 4.6 |
Key figures of POLYPANE GLASINDUSTRIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to POLYPANE GLASINDUSTRIE?
What happened at POLYPANE GLASINDUSTRIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- 3DH NV stepped down as director. NBB
- TAL CONSULT BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 362,774 (▼ 80% vs 2024). Source: NBB ↗
- FRANKY SYMOENS stepped down as director. NBB
- MARIANNE DE GEEST stepped down as director. NBB
- 3DH NV became a director. NBB
- TAL CONSULT BV became a director. NBB
- FRANKY SYMOENS became a director. NBB
In short
From € 92,845 loss in 2022 to € 362,774 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.8 million profit.
Paid out € 2.3 million in dividends to the owners in total.
Management
The shares are held by JESYMCO BV (50%), HOLDING DG NV (49.6%) and IMMO WAGLAS NV (0.4%). It owns 30% of POLYSUN itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
since 2024 · until 2031
since 2020 · until 2026
Director · represented by TOM THIEFFRY
since 2021 · until 2027
Shareholders
Participations
30%
Establishments
Establishment units
Physical locations of this company
Industriepark-Noord 31
9100 Sint-Niklaas
Nederlandstraat 5
9140 Temse
Active since 1 March 2000
Winninglaan 2
9140 Temse
Active since 1 July 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.801.613
- VAT number
- BE 0412.801.613
- Registered office
- Industriepark-Noord 31, 9100 Sint-Niklaas
- Names & denominations
- POLYPANE GLASINDUSTRIE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1972
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Vormen en bewerken van vlakglas
Glaszetten
Vervaardiging en bewerking van overig glas, inclusief technisch glaswerk
Vervaardiging en bewerking van ander glas (inclusief technisch glaswerk)