What does POLYMAT S.A.V. do?

POLYMAT S.A.V. is a machinery manufacturer in Grâce-Hollogne. Private Limited, started on 31 March 1988, 1 establishment.

What is the address of POLYMAT S.A.V.?

The registered office of POLYMAT S.A.V. is located at Rue des Champs 10, 4460 Grâce-Hollogne.

Is POLYMAT S.A.V. still active?

Yes. According to the CBE (30 October 2026) POLYMAT S.A.V. is active, legal situation “Opschorting (gerechtelijke reorganisatie)”, started on 31 March 1988.

Is POLYMAT S.A.V. registered on Peppol?

Yes, POLYMAT S.A.V. is registered on the Peppol network with ID 0208:0433844871.

What is the enterprise number of POLYMAT S.A.V.?

The enterprise number of POLYMAT S.A.V. is BE0433844871.

When was POLYMAT S.A.V. founded?

POLYMAT S.A.V. was founded on 31 March 1988.

Who are the directors of POLYMAT S.A.V.?

According to the 2025 annual accounts, the directors of POLYMAT S.A.V. are: Sparaxis SA, Amaury Ruffato, DIDIER RUFFATO.

Is POLYMAT S.A.V. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opschorting (gerechtelijke reorganisatie) according to the CBE, started on 31 March 1988; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did POLYMAT S.A.V. make in 2025?

POLYMAT S.A.V. recorded a loss after taxes of € 9,845 in financial year 2025.

What is the revenue of POLYMAT S.A.V.?

As a small company, POLYMAT S.A.V. is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 886,757.

How much does an employee at POLYMAT S.A.V. earn?

The average wage cost per full-time employee at POLYMAT S.A.V. was € 59,600 in 2025: staff costs of € 554,136 for 9.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does POLYMAT S.A.V. have?

According to the 2025 annual accounts, POLYMAT S.A.V. has 9.3 full-time equivalents (FTE).

POLYMAT S.A.V. (Private Limited) - Grâce-Hollogne

Dossier POLYMAT S.A.V., printed on 30 October 2026 from databakkes.be/en/0433844871/polymat-s-a-v. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 13.9 to 9.3.
Legal situation KBO

Opschorting (gerechtelijke reorganisatie) according to the CBE.

Financials

Financial year 2025

POLYMAT S.A.V. from Grâce-Hollogne, company number BE0433844871, closed financial year 2025 with a result of € -9,845 after tax. For that financial year POLYMAT S.A.V. recorded a gross margin of € 886,757 and equity of € 347,519. Compared with financial year 2024, the result moved from € 16,121 to € -9,845. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Healthy

€ 347,519

▼ 3% vs 2024

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

Loss Caution

€ -9,845

▼ still € 16,121 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 25,287

▼ 61% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -337,081.

People and assets in 2025

Full-time equivalents

9.3

▼ 2.9 vs 2024

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

Wage cost

€ 554,136

▼ 27% vs 2024

€ 59,600 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

€ 94,518

▲ 1% vs 2024

Of which on lease € 55,661.

Debts at end 2025

Bank debt ≈ 5 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.

€ 1.4 million

▼ 4% vs 2024

€ 58,686 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 459,889

▼ 21% vs 2024

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

Taxes and wages

€ 254,008

▼ 21% 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
Gross margin	€ 884,552 Gross margin 2022: € 884,552 First fiscal year in the series	€ 1,088,245 Gross margin 2023: € 1,088,245 ▲ 23% vs 2022 (€ 884,552) Favourable step	€ 1,107,549 Gross margin 2024: € 1,107,549 ▲ 2% vs 2023 (€ 1,088,245) Favourable step	€ 886,757 Gross margin 2025: € 886,757 ▼ 20% vs 2024 (€ 1,107,549) Unfavourable step	▼ 20%
Profit after taxes	€ -264,254 Profit after taxes 2022: € -264,254 First fiscal year in the series	€ 11,312 Profit after taxes 2023: € 11,312 ▲ € 275,566 vs 2022 (€ -264,254) Favourable step	€ 16,121 Profit after taxes 2024: € 16,121 ▲ 43% vs 2023 (€ 11,312) Favourable step	€ -9,845 Profit after taxes 2025: € -9,845 ▼ € 25,966 vs 2024 (€ 16,121) Unfavourable step	▼ € 25,966
Equity	€ 329,931 Equity 2022: € 329,931 First fiscal year in the series	€ 341,243 Equity 2023: € 341,243 ▲ 3% vs 2022 (€ 329,931) Favourable step	€ 357,364 Equity 2024: € 357,364 ▲ 5% vs 2023 (€ 341,243) Favourable step	€ 347,519 Equity 2025: € 347,519 ▼ 3% vs 2024 (€ 357,364) Unfavourable step	▼ 3%
Total debts	€ 3,081,975 Total debts 2022: € 3,081,975 First fiscal year in the series	€ 2,721,450 Total debts 2023: € 2,721,450 ▼ 12% vs 2022 (€ 3,081,975) Favourable step	€ 2,724,693 Total debts 2024: € 2,724,693 Unchanged (€ 2,721,450) Unfavourable step	€ 2,405,987 Total debts 2025: € 2,405,987 ▼ 12% vs 2024 (€ 2,724,693) Favourable step	▼ 12%
Cash	€ 52,495 Cash 2022: € 52,495 First fiscal year in the series	€ 34,245 Cash 2023: € 34,245 ▼ 35% vs 2022 (€ 52,495) Unfavourable step	€ 65,028 Cash 2024: € 65,028 ▲ 90% vs 2023 (€ 34,245) Favourable step	€ 25,287 Cash 2025: € 25,287 ▼ 61% vs 2024 (€ 65,028) Unfavourable step	▼ 61%
Land & buildings	€ 1,142,226 Land & buildings 2022: € 1,142,226 First fiscal year in the series	€ 1,063,164 Land & buildings 2023: € 1,063,164 ▼ 7% vs 2022 (€ 1,142,226) Unchanged	€ 1,003,455 Land & buildings 2024: € 1,003,455 ▼ 6% vs 2023 (€ 1,063,164) Unchanged	€ 921,869 Land & buildings 2025: € 921,869 ▼ 8% vs 2024 (€ 1,003,455) Unchanged	▼ 8%
Retained profit	€ -387,669 Retained profit 2022: € -387,669 First fiscal year in the series	€ -365,357 Retained profit 2023: € -365,357 ▲ € 22,312 vs 2022 (€ -387,669) Favourable step	€ -338,236 Retained profit 2024: € -338,236 ▲ € 27,121 vs 2023 (€ -365,357) Favourable step	€ -337,081 Retained profit 2025: € -337,081 Unchanged (€ -338,236) Favourable step
Bank debt	€ 1,556,557 Bank debt 2022: € 1,556,557 First fiscal year in the series	€ 1,475,052 Bank debt 2023: € 1,475,052 ▼ 5% vs 2022 (€ 1,556,557) Favourable step	€ 1,439,972 Bank debt 2024: € 1,439,972 ▼ 2% vs 2023 (€ 1,475,052) Favourable step	€ 1,378,978 Bank debt 2025: € 1,378,978 ▼ 4% vs 2024 (€ 1,439,972) Favourable step	▼ 4%
Balance sheet total	€ 3,411,906 Balance sheet total 2022: € 3,411,906 First fiscal year in the series	€ 3,062,693 Balance sheet total 2023: € 3,062,693 ▼ 10% vs 2022 (€ 3,411,906) Unchanged	€ 3,082,056 Balance sheet total 2024: € 3,082,056 ▲ 1% vs 2023 (€ 3,062,693) Unchanged	€ 2,753,506 Balance sheet total 2025: € 2,753,506 ▼ 11% vs 2024 (€ 3,082,056) Unchanged	▼ 11%
Employees (FTE)	17.6 Employees (FTE) 2022: 17.6 First fiscal year in the series	13.9 Employees (FTE) 2023: 13.9 ▼ 3.7 vs 2022 (17.6) Unchanged	12.2 Employees (FTE) 2024: 12.2 ▼ 1.7 vs 2023 (13.9) Unchanged	9.3 Employees (FTE) 2025: 9.3 ▼ 2.9 vs 2024 (12.2) Unchanged	▼ 2.9

Key figures of POLYMAT S.A.V., 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 S.A.V.?

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

Aug 31, 2026 New annual accounts for financial year 2025: loss of € 9,845 (▼ € 25,966 vs 2024). filed late Source: NBB ↗
Sep 7, 1990 New establishment in Grâce-Hollogne. KBO
Mar 31, 1988 Start of the company according to the CBE. KBO

In short

From € 264,254 loss in 2022 to € 9,845 loss in 2025.

Paid € 45,049 in corporate taxes since 2022.

Best year ever: 2024, with € 16,121 profit.

On average € 95,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Baltim SPRL 100%

POLYMAT S.A.V.

Behind POLYMAT S.A.V. are Sparaxis SA, Amaury Ruffato and DIDIER RUFFATO. The shares are held by Baltim SPRL (100%).

Directors

According to the 2025 annual accounts

Sparaxis SA

Director · represented by Alexis Van Lede

Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more

Amaury Ruffato

Director

Owns 5% via Baltim SPRL

Also active at: BALTIM

DIDIER RUFFATO

Director

Also active at: BALTIM

Shareholders

Baltim SPRL · holding of Amaury Ruffato

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue des Champs 10

4460 Grâce-Hollogne

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 →

BALTIM same network

€ 11,798 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

0433.844.871

VAT number

BE 0433.844.871

Registered office

Rue des Champs 10, 4460 Grâce-Hollogne

Names & denominations

POLYMAT S.A.V.

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opschorting (gerechtelijke reorganisatie)

Start date

31 March 1988

Peppol

Active · Active since 17 Feb 2026

Activities · NACE

Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik

Vervaardiging van uitrusting voor de koeltechniek en klimaatregeling, voor niet-huishoudelijk gebruik

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Reparatie en onderhoud van consumentenartikelen, neg

Detailhandel in verlichtingsartikelen

Detailhandel in artikelen voor verlichting en woninginrichting

Overige reparaties, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

POLYMAT S.A.V.

Warning lights

Financials

What happened to POLYMAT S.A.V.?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions