What does POLYMAT do?

POLYMAT is a shop in Gent. Public Limited, started on 1 December 1983, 3 establishments.

What is the address of POLYMAT?

The registered office of POLYMAT is located at Ottergemsesteenweg 248, 9000 Gent.

Is POLYMAT still active?

Yes. According to the CBE (29 October 2026) POLYMAT is active, legal situation “Normale toestand”, started on 1 December 1983.

Is POLYMAT registered on Peppol?

Yes, POLYMAT is registered on the Peppol network with ID 0208:0424851189.

What is the enterprise number of POLYMAT?

The enterprise number of POLYMAT is BE0424851189.

When was POLYMAT founded?

POLYMAT was founded on 1 December 1983.

Who are the directors of POLYMAT?

According to the 2025 annual accounts, the directors of POLYMAT are: Anne DE MOOR, Jan DE CUYPER.

Is POLYMAT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 December 1983; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 3 establishments in the CBE.

How much profit did POLYMAT make in 2025?

POLYMAT posted a profit after taxes of € 810,966 in financial year 2025.

What is the revenue of POLYMAT?

As a small company, POLYMAT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,266,391.

How much does an employee at POLYMAT earn?

The average wage cost per full-time employee at POLYMAT was € 38,000 in 2025: staff costs of € 1.2 million for 31.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does POLYMAT have?

According to the 2025 annual accounts, POLYMAT has 31.4 full-time equivalents (FTE).

POLYMAT (Public Limited) - Gent - BE0424851189

Dossier POLYMAT, printed on 29 October 2026 from databakkes.be/en/0424851189/polymat. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

POLYMAT from Gent, company number BE0424851189, closed financial year 2025 with a result of € 810,966 after tax. For that financial year POLYMAT recorded a gross margin of € 2.3 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 965,038 to € 810,966. 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 8, 2026.

What it is worth Healthy

€ 3.1 million

▼ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 810,966

▼ 16% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.4 million

▲ 1% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

31.4

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.2 million

▲ 1% vs 2024

€ 38,000 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.

Vehicles and equipment

€ 49,700

▼ 33% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 36,615

▼ 28% vs 2024

€ 14,434 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 333,895

▲ 6% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 356,496

▲ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 12,201,255 Revenue 2022: € 12,201,255 First fiscal year in the series	€ 12,402,029 Revenue 2023: € 12,402,029 ▲ 2% vs 2022 (€ 12,201,255) Favourable step	-	-
Gross margin	-	-	€ 2,474,029 Gross margin 2024: € 2,474,029 First fiscal year in the series	€ 2,266,391 Gross margin 2025: € 2,266,391 ▼ 8% vs 2024 (€ 2,474,029) Unfavourable step	▼ 8%
Profit after taxes	€ 879,854 Profit after taxes 2022: € 879,854 First fiscal year in the series	€ 874,120 Profit after taxes 2023: € 874,120 ▼ 1% vs 2022 (€ 879,854) Unfavourable step	€ 965,038 Profit after taxes 2024: € 965,038 ▲ 10% vs 2023 (€ 874,120) Favourable step	€ 810,966 Profit after taxes 2025: € 810,966 ▼ 16% vs 2024 (€ 965,038) Unfavourable step	▼ 16%
Equity	€ 3,180,538 Equity 2022: € 3,180,538 First fiscal year in the series	€ 3,254,658 Equity 2023: € 3,254,658 ▲ 2% vs 2022 (€ 3,180,538) Favourable step	€ 3,319,697 Equity 2024: € 3,319,697 ▲ 2% vs 2023 (€ 3,254,658) Favourable step	€ 3,130,663 Equity 2025: € 3,130,663 ▼ 6% vs 2024 (€ 3,319,697) Unfavourable step	▼ 6%
Total debts	€ 2,045,456 Total debts 2022: € 2,045,456 First fiscal year in the series	€ 2,119,438 Total debts 2023: € 2,119,438 ▲ 4% vs 2022 (€ 2,045,456) Unfavourable step	€ 2,180,418 Total debts 2024: € 2,180,418 ▲ 3% vs 2023 (€ 2,119,438) Unfavourable step	€ 2,359,453 Total debts 2025: € 2,359,453 ▲ 8% vs 2024 (€ 2,180,418) Unfavourable step	▲ 8%
Cash	€ 585,406 Cash 2022: € 585,406 First fiscal year in the series	€ 938,131 Cash 2023: € 938,131 ▲ 60% vs 2022 (€ 585,406) Favourable step	€ 1,395,621 Cash 2024: € 1,395,621 ▲ 49% vs 2023 (€ 938,131) Favourable step	€ 1,414,605 Cash 2025: € 1,414,605 ▲ 1% vs 2024 (€ 1,395,621) Favourable step	▲ 1%
Retained profit	€ 3,118,538 Retained profit 2022: € 3,118,538 First fiscal year in the series	€ 3,192,658 Retained profit 2023: € 3,192,658 ▲ 2% vs 2022 (€ 3,118,538) Favourable step	€ 3,257,697 Retained profit 2024: € 3,257,697 ▲ 2% vs 2023 (€ 3,192,658) Favourable step	€ 3,068,663 Retained profit 2025: € 3,068,663 ▼ 6% vs 2024 (€ 3,257,697) Unfavourable step	▼ 6%
Dividend	€ 850,000 Dividend 2022: € 850,000 First fiscal year in the series	€ 800,000 Dividend 2023: € 800,000 ▼ 6% vs 2022 (€ 850,000) Unchanged	€ 900,000 Dividend 2024: € 900,000 ▲ 13% vs 2023 (€ 800,000) Unchanged	€ 1,000,000 Dividend 2025: € 1,000,000 ▲ 11% vs 2024 (€ 900,000) Unchanged	▲ 11%
Bank debt	€ 21,667 Bank debt 2022: € 21,667 First fiscal year in the series	€ 66,327 Bank debt 2023: € 66,327 ▲ 206% vs 2022 (€ 21,667) Unfavourable step	€ 50,773 Bank debt 2024: € 50,773 ▼ 23% vs 2023 (€ 66,327) Favourable step	€ 36,615 Bank debt 2025: € 36,615 ▼ 28% vs 2024 (€ 50,773) Favourable step	▼ 28%
Balance sheet total	€ 5,225,995 Balance sheet total 2022: € 5,225,995 First fiscal year in the series	€ 5,374,096 Balance sheet total 2023: € 5,374,096 ▲ 3% vs 2022 (€ 5,225,995) Unchanged	€ 5,500,114 Balance sheet total 2024: € 5,500,114 ▲ 2% vs 2023 (€ 5,374,096) Unchanged	€ 5,490,116 Balance sheet total 2025: € 5,490,116 Unchanged (€ 5,500,114) Unchanged
Employees (FTE)	33.7 Employees (FTE) 2022: 33.7 First fiscal year in the series	32.3 Employees (FTE) 2023: 32.3 ▼ 1.4 vs 2022 (33.7) Unchanged	31.5 Employees (FTE) 2024: 31.5 ▼ 0.8 vs 2023 (32.3) Unchanged	31.4 Employees (FTE) 2025: 31.4 ▼ 0.1 vs 2024 (31.5) Unchanged	▼ 0.1

Key figures of POLYMAT, 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 POLYMAT?

What happened at POLYMAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 8, 2026 New annual accounts for financial year 2025: profit of € 810,966 (▼ 16% vs 2024). Source: NBB ↗
Apr 2, 2014 New establishment in Zelzate. KBO
Nov 21, 2003 New establishment in Merelbeke-Melle. KBO
Dec 1, 1983 New establishment in Gent. KBO
Dec 1, 1983 Start of the company according to the CBE. KBO

In short

From € 879,854 profit in 2022 to € 810,966 profit in 2025.

Paid € 1.2 million in corporate taxes since 2022.

Best year ever: 2024, with € 965,038 profit.

On average € 72,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Polymat Holding 99.7%

The stake of Polymat Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

POLYMAT

Behind POLYMAT are Anne DE MOOR and Jan DE CUYPER. The shares are held by Polymat Holding (99.7%).

Directors

According to the 2025 annual accounts

Anne DE MOOR

Director

Also active at: Woon- en Zorgcentra De Foyer, IBOMA, ANNE DE MOOR, Mobile & Wireless Forum, 28Digital Education Foundation, 28Digital Accelerator, Polymat Holding

Jan DE CUYPER

Managing director

Also active at: IBOMA, Polymat Holding

Shareholders

Polymat Holding

99.7%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ottergemsesteenweg 248

9000 Gent

2.135.190.526

Hundelgemsesteenweg 25

9820 Merelbeke-Melle

Active since 21 November 2003

2.231.021.873

Oude Westtragel 1a

9060 Zelzate

Active since 2 April 2014

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

IBOMA same network

€ 203,233 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0424.851.189

VAT number

BE 0424.851.189

Registered office

Ottergemsesteenweg 248, 9000 Gent

Names & denominations

POLYMAT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 December 1983

Peppol

Active · Active since 26 Dec 2025

Activities · NACE

Overige niet-gespecialiseerde detailhandel

Overige niet-gespecialiseerde detailhandel in winkels (verkoop van overwegend niet-voedingsmiddelen met verkoopsoppervlakte van mind er dan 2.500 m2)

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte < 2500 m²)

View on CBE Public ↗ Annual accounts (NBB) ↗

POLYMAT

Financials

What happened to POLYMAT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions