Active · per the CBE, 29 October 2026

POLYLAK

BE0444057387

Rechtspersoon Public limited company 1 establishment

POLYLAK is a furniture maker in Kalmthout. Public Limited, started on 25 April 1991, 1 establishment.

Galgenheiken(C) 1, 2920 Kalmthout

Active for

35 year, 6 months

Warning lights

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

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

POLYLAK from Kalmthout, company number BE0444057387, closed financial year 2025 with a result of € -405,805 after tax. For that financial year POLYLAK recorded a gross margin of € 890,522 and equity of € -1 million. Compared with financial year 2024, the result moved from € -125,994 to € -405,805. The company made a loss. More debts than assets. 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 Caution

€ -1 million

▼ € 405,805 vs 2024

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

Loss Caution

€ -405,805

▼ 222 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 54,837

▲ 56% 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 € -2.2 million.

People and assets in 2025

Full-time equivalents

16.1

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

Wage cost

€ 799,411

▼ 9% vs 2024

€ 49,700 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.

Vehicles and equipment

€ 526,448

▲ 38% vs 2024

Of which on lease € 513,545.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 1 million

▲ 1% vs 2024

€ 211,360 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 890,293

▲ 1% vs 2024

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

Taxes and wages

€ 104,921

▲ 10% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,065,991 € 1,253,766 € 1,125,733 € 890,522 ▼ 21%
Profit after taxes € -394,423 € -499,924 € -125,994 € -405,805 ▼ € 279,811
Equity € -1,072,416 € -472,340 € -598,334 € -1,004,139 ▼ € 405,805
Total debts € 2,591,286 € 2,893,234 € 2,870,675 € 3,145,983 ▲ 10%
Cash € 43,422 € 28,791 € 35,116 € 54,837 ▲ 56%
Retained profit € -1,152,981 € -1,652,906 € -1,778,900 € -2,184,704 ▼ € 405,805
Bank debt € 1,783,078 € 1,267,282 € 1,000,243 € 1,011,008 ▲ 1%
Balance sheet total € 1,518,870 € 2,420,894 € 2,272,341 € 2,141,844 ▼ 6%
Employees (FTE) 21.5 15.8 - 16.1

Key figures of POLYLAK, 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 POLYLAK?

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

  • HRECAS BEHEER BV stepped down as director. NBB
  • PEETERS MANAGEMENT BV stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 405,805. filed late Source: NBB ↗
  • HRECAS BEHEER BV became a director. NBB
  • PEETERS MANAGEMENT BV became a director. NBB
  • New establishment in Kalmthout. KBO
  • Start of the company according to the CBE. KBO

In short

From € 394,423 loss in 2022 to € 405,805 loss in 2025.

Paid € 1,715 in corporate taxes since 2022.

On average € 55,300 of value added per employee in 2025.

Management

OPTA 99.9%

The stake of OPTA, Hercas Beheer comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

POLYLAK

The shares are held by OPTA (99.9%) and Hercas Beheer (70%).

Directors

According to the 2025 annual accounts

HRECAS BEHEER BV

Director · represented by Niki Cassiers

since 2026 · until 2030

PEETERS MANAGEMENT BV

Director · represented by Koen Peters

since 2024 · until 2030

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Galgenheiken(C) 1

2920 Kalmthout

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

Details

Company number
0444.057.387
VAT number
BE 0444.057.387
Registered office
Galgenheiken(C) 1, 2920 Kalmthout
Names & denominations
POLYLAK
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
25 April 1991
Peppol
Active · Active since 21 Apr 2026
Activities · NACE

Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen

Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen

Verwerking en afwerking van hout

Vervaardiging van fineer en van panelen op basis van hout

Zagen en schaven van hout

Frequently asked questions

What does POLYLAK do?
POLYLAK is a furniture maker in Kalmthout. Public Limited, started on 25 April 1991, 1 establishment.
What is the address of POLYLAK?
The registered office of POLYLAK is located at Galgenheiken(C) 1, 2920 Kalmthout.
Is POLYLAK still active?
Yes. According to the CBE (29 October 2026) POLYLAK is active, legal situation “Normale toestand”, started on 25 April 1991.
Is POLYLAK registered on Peppol?
Yes, POLYLAK is registered on the Peppol network with ID 0208:0444057387.
What is the enterprise number of POLYLAK?
The enterprise number of POLYLAK is BE0444057387.
When was POLYLAK founded?
POLYLAK was founded on 25 April 1991.