Financials
Financial year 2025
POLAR from Zuienkerke, company number BE0423307406, closed financial year 2025 with a result of € -14,712 after tax. For that financial year POLAR recorded a gross margin of € 16,450 and equity of € 6,715. Compared with financial year 2022, the result moved from € 10,856 to € -14,712. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.
€ 6,715
▲ € 37,058 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,712
▼ still € 10,856 profit in 2022
Profit after tax over the fiscal year.
€ 74,117
▲ 129% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,285.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 27,104
▲ 15% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,042
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,864
▼ 26% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 3,843
▼ 51% vs 2022
Taxes, VAT and social contributions still to pay.
| 2020 | 2021 | 2022 | 2025 | Change 2022 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,579 | € 41,398 | € 36,994 | € 16,450 | ▼ 56% |
| Profit after taxes | € 10,504 | € 9,382 | € 10,856 | € -14,712 | ▼ € 25,567 |
| Equity | € -50,581 | € -41,199 | € -30,343 | € 6,715 | ▲ € 37,058 |
| Total debts | € 63,699 | € 63,896 | € 74,087 | € 79,317 | ▲ 7% |
| Cash | € 1,509 | € 12,739 | € 32,432 | € 74,117 | ▲ 129% |
| Land & buildings | - | - | - | € 2,908 | |
| Retained profit | € -70,581 | € -61,199 | € -50,343 | € -13,285 | ▲ € 37,058 |
| Balance sheet total | € 13,119 | € 22,697 | € 43,743 | € 86,032 | ▲ 97% |
Key figures of POLAR, fiscal years 2020 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 POLAR?
What happened at POLAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,712 (▼ € 25,567 vs 2022). filed late Source: NBB ↗
- New establishment in Zuienkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,504 profit in 2020 to € 14,712 loss in 2025.
Paid € 17,951 in corporate taxes since 2020.
Best year ever: 2022, with € 10,856 profit.
Management
Behind POLAR is Leopold De Schepper.
Directors
According to the 2025 annual accounts
Leopold De Schepper
Manager
Establishments
Establishment units
Physical locations of this company
Oostendse Steenweg 49
8377 Zuienkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.307.406
- VAT number
- BE 0423.307.406
- Registered office
- Oostendse Steenweg 49, 8377 Zuienkerke
- Names & denominations
- POLAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 1982
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Discotheken, dancings en dergelijke
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening