POLSA is a property company in Mechelen. Public Limited, started on 8 January 1993, 1 establishment.

What is the address of POLSA?

The registered office of POLSA is located at Kapoenenweg 23, 2800 Mechelen.

Is POLSA still active?

Yes. According to the CBE (31 October 2026) POLSA is active, legal situation “Normale toestand”, started on 8 January 1993.

Is POLSA registered on Peppol?

Yes, POLSA is registered on the Peppol network with ID 0208:0449206406.

What is the enterprise number of POLSA?

The enterprise number of POLSA is BE0449206406.

When was POLSA founded?

POLSA was founded on 8 January 1993.

Who are the directors of POLSA?

According to the 2025 annual accounts, the directors of POLSA are: PAPS BV.

Is POLSA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 January 1993; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did POLSA make in 2025?

POLSA posted a profit after taxes of € 3,842 in financial year 2025.

What is the revenue of POLSA?

As a small company, POLSA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 98,483.

How many employees does POLSA have?

According to the 2025 annual accounts, POLSA has 0.3 full-time equivalents (FTE).

POLSA (Public Limited) - Mechelen - BE0449206406

Dossier POLSA, printed on 31 October 2026 from databakkes.be/en/0449206406/polsa. 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 9 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

POLSA from Mechelen, company number BE0449206406, closed financial year 2025 with a result of € 3,842 after tax. For that financial year POLSA recorded a gross margin of € 98,483 and equity of € 225,221. Compared with financial year 2024, the result moved from € 11 to € 3,842. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 17, 2026.

What it is worth Growing

€ 225,221

▲ 2% vs 2024

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

Profit Growing

€ 3,842

▲ € 3,831 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 31,013

▼ 19% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 87,280.

People and assets in 2025

Full-time equivalents

0.3

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

Wage cost

€ 11,946

▼ 12% vs 2024

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

€ 1,662

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 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.

€ 390,000

▼ 8% vs 2024

€ 34,375 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 19,537

▲ € 16,990 vs 2024

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

Taxes and wages

€ 5,171

▲ € 3,933 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	€ 75,190 Gross margin 2022: € 75,190 First fiscal year in the series	€ 107,751 Gross margin 2023: € 107,751 ▲ 43% vs 2022 (€ 75,190) Favourable step	€ 119,637 Gross margin 2024: € 119,637 ▲ 11% vs 2023 (€ 107,751) Favourable step	€ 98,483 Gross margin 2025: € 98,483 ▼ 18% vs 2024 (€ 119,637) Unfavourable step	▼ 18%
Profit after taxes	€ 4,691 Profit after taxes 2022: € 4,691 First fiscal year in the series	€ 657 Profit after taxes 2023: € 657 ▼ 86% vs 2022 (€ 4,691) Unfavourable step	€ 11 Profit after taxes 2024: € 11 ▼ 98% vs 2023 (€ 657) Unfavourable step	€ 3,842 Profit after taxes 2025: € 3,842 ▲ € 3,831 vs 2024 (€ 11) Favourable step	▲ € 3,831
Equity	€ 220,711 Equity 2022: € 220,711 First fiscal year in the series	€ 221,368 Equity 2023: € 221,368 Unchanged (€ 220,711) Favourable step	€ 221,379 Equity 2024: € 221,379 Unchanged (€ 221,368) Favourable step	€ 225,221 Equity 2025: € 225,221 ▲ 2% vs 2024 (€ 221,379) Favourable step	▲ 2%
Total debts	€ 941,385 Total debts 2022: € 941,385 First fiscal year in the series	€ 892,411 Total debts 2023: € 892,411 ▼ 5% vs 2022 (€ 941,385) Favourable step	€ 861,498 Total debts 2024: € 861,498 ▼ 3% vs 2023 (€ 892,411) Favourable step	€ 852,049 Total debts 2025: € 852,049 ▼ 1% vs 2024 (€ 861,498) Favourable step	▼ 1%
Cash	€ 13,618 Cash 2022: € 13,618 First fiscal year in the series	€ 31,644 Cash 2023: € 31,644 ▲ 132% vs 2022 (€ 13,618) Favourable step	€ 38,380 Cash 2024: € 38,380 ▲ 21% vs 2023 (€ 31,644) Favourable step	€ 31,013 Cash 2025: € 31,013 ▼ 19% vs 2024 (€ 38,380) Unfavourable step	▼ 19%
Land & buildings	€ 1,108,154 Land & buildings 2022: € 1,108,154 First fiscal year in the series	€ 1,043,577 Land & buildings 2023: € 1,043,577 ▼ 6% vs 2022 (€ 1,108,154) Unchanged	€ 979,875 Land & buildings 2024: € 979,875 ▼ 6% vs 2023 (€ 1,043,577) Unchanged	€ 947,521 Land & buildings 2025: € 947,521 ▼ 3% vs 2024 (€ 979,875) Unchanged	▼ 3%
Retained profit	€ 82,770 Retained profit 2022: € 82,770 First fiscal year in the series	€ 83,427 Retained profit 2023: € 83,427 ▲ 1% vs 2022 (€ 82,770) Favourable step	€ 83,438 Retained profit 2024: € 83,438 Unchanged (€ 83,427) Favourable step	€ 87,280 Retained profit 2025: € 87,280 ▲ 5% vs 2024 (€ 83,438) Favourable step	▲ 5%
Bank debt	€ 500,000 Bank debt 2022: € 500,000 First fiscal year in the series	€ 462,500 Bank debt 2023: € 462,500 ▼ 7% vs 2022 (€ 500,000) Favourable step	€ 425,000 Bank debt 2024: € 425,000 ▼ 8% vs 2023 (€ 462,500) Favourable step	€ 390,000 Bank debt 2025: € 390,000 ▼ 8% vs 2024 (€ 425,000) Favourable step	▼ 8%
Balance sheet total	€ 1,162,096 Balance sheet total 2022: € 1,162,096 First fiscal year in the series	€ 1,113,779 Balance sheet total 2023: € 1,113,779 ▼ 4% vs 2022 (€ 1,162,096) Unchanged	€ 1,082,876 Balance sheet total 2024: € 1,082,876 ▼ 3% vs 2023 (€ 1,113,779) Unchanged	€ 1,077,270 Balance sheet total 2025: € 1,077,270 ▼ 1% vs 2024 (€ 1,082,876) Unchanged	▼ 1%
Employees (FTE)	-	0.3 Employees (FTE) 2023: 0.3 First fiscal year in the series	0.3 Employees (FTE) 2024: 0.3 Unchanged (0.3) Unchanged	0.3 Employees (FTE) 2025: 0.3 Unchanged (0.3) Unchanged

Key figures of POLSA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to POLSA?

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

Feb 17, 2026 New annual accounts for financial year 2025: profit of € 3,842 (▲ € 3,831 vs 2024). filed late Source: NBB ↗
Jan 20, 1994 New establishment in Mechelen. KBO
Jan 8, 1993 Start of the company according to the CBE. KBO

In short

From € 4,691 profit in 2022 to € 3,842 profit in 2025.

Paid € 4,618 in corporate taxes since 2022.

Best year ever: 2022, with € 4,691 profit.

Original PDFs at the National Bank ↗

Management

PAPS 49%

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

POLSA

Behind POLSA is PAPS BV. The shares are held by PAPS (49%).

Directors

According to the 2025 annual accounts

PAPS BV

Bestuurder · represented by PETER POLLENUS

Shareholders

PAPS

49%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kapoenenweg 23

2800 Mechelen

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 →

PAPS same network

€ 12,168 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: 0449.206.406
VAT number: BE 0449.206.406
Registered office: Kapoenenweg 23, 2800 Mechelen
Names & denominations: POLSA
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 8 January 1993
Peppol: Active · Active since 14 Nov 2024
Activities · NACE: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗