Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 49.9 to 36.7.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
POLYOL BELGIUM from Antwerpen, company number BE0437339247, closed financial year 2025 with a result of € 486,716 after tax. For that financial year POLYOL BELGIUM recorded revenue of € 51.1 million and equity of € 15.1 million. Compared with financial year 2024, the result moved from € 892,848 to € 486,716. 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 July 6, 2026.
€ 15.1 million
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 486,716
▼ 45% vs 2024
Profit after tax over the fiscal year.
€ 12.3 million
▲ 166% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 12 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
36.7
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6 million
▼ 31% vs 2024
€ 162,300 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.3 million
▲ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 102 days on average.
€ 629,338
▼ 75% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,313,966 | € 20,830,877 | € 20,299,611 | € 51,111,920 | ▲ 152% |
| Profit after taxes | € 929,966 | € 454,200 | € 892,848 | € 486,716 | ▼ 45% |
| Equity | € 10,696,215 | € 25,750,415 | € 26,643,263 | € 15,129,979 | ▼ 43% |
| Total debts | € 11,239,201 | € 10,054,479 | € 4,054,337 | € 14,928,298 | ▲ 268% |
| Cash | - | € 4,974,692 | € 4,605,410 | € 12,262,711 | ▲ 166% |
| Land & buildings | € 833,721 | € 1,884,062 | € 1,805,787 | € 234,410 | ▼ 87% |
| Retained profit | € 10,448,215 | € 10,902,415 | € 11,795,263 | € 281,979 | ▼ 98% |
| Dividend | € 0 | € 0 | € 0 | € 12,000,000 | |
| Bank debt | € 5,232,362 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 22,065,256 | € 35,909,170 | € 30,740,659 | € 48,596,903 | ▲ 58% |
| Employees (FTE) | 50.9 | 49.9 | 39.3 | 36.7 | ▼ 2.6 |
Key figures of POLYOL BELGIUM, 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 POLYOL BELGIUM?
What happened at POLYOL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alain Ascani stepped down as director. NBB
- Schirra Philippe stepped down as director. NBB
- Deloitte Bedrijfsrevisoren BV stepped down as director. NBB
- SLOOT Marc stepped down as director. NBB
- VERBURG Tabita stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 486,716 (▼ 45% vs 2024). Source: NBB ↗
- Deloitte Bedrijfsrevisoren BV became a director. NBB
- VERBURG Tabita became a director. NBB
In short
From € 929,966 profit in 2022 to € 486,716 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 929,966 profit.
Paid out € 12 million in dividends to the owners in total.
A new publication or filing at POLYOL BELGIUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Dow Benelux B.V. B.V. naar Nederlands recht (99.5%) and Dow Europe Holding B.V. BV naar Nederlands recht (0.5%).
Directors
According to the 2025 annual accounts
Schirra Philippe
Administrator-manager
since 2022 · until 2028
Auditor · represented by Sofian Milad
Also active at: DOW BELGIUM, OMRON ELECTRONICS, DOW SILICONES BELGIUM, Regionaal Ziekenhuis Heilig Hart Tienen, INTRUM NV, ESTIA, FIMAVE, INGERSOLL RAND BELGIUM +5 more
since 2025 · until 2028
since 2004 · until 2028
since 2023 · until 2028
VERBURG Tabita
Administrator-manager
since 2024 · until 2028
Shareholders
Dow Benelux B.V. B.V. naar Nederlands recht
99.5%
Dow Europe Holding B.V. BV naar Nederlands recht
0.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grotesteenweg 214
2600 Antwerpen
Rue de la Carbo(T) 10
7333 Saint-Ghislain
Active since 30 April 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →DOW BELGIUM same network
€ 34.9 million revenue · 2025
J. Geerts
Mutuelle de la Caisse Hypothécaire Anversoise-Mutualiteit van de Antwerpsche Hypotheekkas
Aleurimob
Beran
€ 1,508 revenue · 2025
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.339.247
- VAT number
- BE 0437.339.247
- Registered office
- Grotesteenweg 214, 2600 Antwerpen
- Names & denominations
- POLYOL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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