Financials
Financial year 2025
POLYTEX from Eupen, company number BE0446820305, closed financial year 2025 with a result of € 284,694 after tax. For that financial year POLYTEX recorded a gross margin of € 4.5 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 512,118 to € 284,694. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 3.4 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 284,694
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 323,013
▲ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.4 million.
People and assets in 2025
55.6
▲ 6.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 14% vs 2024
€ 46,800 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.
€ 449,605
▲ 79% vs 2024
Of which on lease € 92,136.
Debts at end 2025
€ 3.2 million
▲ 25% vs 2024
€ 937,641 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 431,845
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 470,547
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,113,004 | € 3,754,575 | € 4,086,671 | € 4,524,343 | ▲ 11% |
| Profit after taxes | € 596,613 | € 747,819 | € 512,118 | € 284,694 | ▼ 44% |
| Equity | € 1,917,144 | € 2,659,058 | € 3,165,480 | € 3,446,354 | ▲ 9% |
| Total debts | € 1,189,285 | € 2,709,390 | € 3,428,318 | € 4,157,113 | ▲ 21% |
| Cash | € 141,065 | € 256,381 | € 249,058 | € 323,013 | ▲ 30% |
| Land & buildings | € 442,882 | € 339,823 | € 254,304 | € 184,441 | ▼ 27% |
| Retained profit | € 1,837,048 | € 2,584,868 | € 3,096,986 | € 3,381,680 | ▲ 9% |
| Bank debt | € 503,712 | € 1,817,227 | € 2,566,826 | € 3,210,217 | ▲ 25% |
| Balance sheet total | € 3,106,429 | € 5,368,448 | € 6,593,798 | € 7,603,467 | ▲ 15% |
| Employees (FTE) | 20.2 | 46.4 | 48.8 | 55.6 | ▲ 6.8 |
Key figures of POLYTEX, 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 POLYTEX?
What happened at POLYTEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 284,694 (▼ 44% vs 2024). Source: NBB ↗
- New establishment in Eupen. KBO
- New establishment in Eupen. KBO
- Start of the company according to the CBE. KBO
In short
From € 596,613 profit in 2022 to € 284,694 profit in 2025.
Paid € 519,450 in corporate taxes since 2022.
Best year ever: 2023, with € 747,819 profit.
On average € 81,400 of value added per employee in 2025.
Management
Behind POLYTEX are Ostbelgieninvest SA, Olivier Egyptien, Philipp Egyptien and Pierre Egyptien. Ostbelgieninvest SA is also behind Wirtschaftsförderungsgesellschaft Ostbelgiens VoG, BAUMA HC, S.A. JEAN CONVENTS A.G. - ENTREPRISES GENERALES - ALLGEMEINE BAUUNTERNEHMUNG, CONSERVERIE ET MOUTARDERIE BELGE and PROMA. Olivier Egyptien is also behind TEXTIL LEASING SERVICE and IMMO - ROHS. Pierre Egyptien is also behind IMMO - ROHS.
Directors
According to the 2025 annual accounts
Director · represented by Schlembach Isabel
Also active at: Wirtschaftsförderungsgesellschaft Ostbelgiens VoG, BAUMA HC, S.A. JEAN CONVENTS A.G. - ENTREPRISES GENERALES - ALLGEMEINE BAUUNTERNEHMUNG, CONSERVERIE ET MOUTARDERIE BELGE, PROMA, M.B. TRANSPORTS, LASERFLASH, MEGAFORM +20 more
Philipp Egyptien
Managing director
Establishments
Establishment units
Physical locations of this company
Industriestrasse 15
4700 Eupen
Industriestrasse 16
4700 Eupen
Active since 1 January 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
NETCUP-AS netcup GmbH, DE
Domain
Domain
polytex.be
Registered
2001-01-09
Website info
Features
Security
Details
- Company number
- 0446.820.305
- VAT number
- BE 0446.820.305
- Registered office
- Industriestrasse 15, 4700 Eupen
- Names & denominations
- POLYTEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 1992
- Peppol
- Active · Active since 11 Nov 2025
- Contact
- polytex.be
- Activities · NACE
Verhuur en lease van textiel, kleding, sieraden en schoeisel
Activiteiten van industriële wasserijen
Verhuur van textiel, kleding en schoeisel
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Groothandel in overig textiel