Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
POLYMER PROCESSING from Beveren-Kruibeke-Zwijndrecht, company number BE0457525145, closed financial year 2025 with a result of € -45,624 after tax. For that financial year POLYMER PROCESSING recorded revenue of € 62.4 million and equity of € 29 million. Compared with financial year 2024, the result moved from € 981,567 to € -45,624. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 29 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -45,624
▼ still € 981,567 profit in 2024
Profit after tax over the fiscal year.
€ 24,462
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 28.1 million.
People and assets in 2025
42.4
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.8 million
▲ 8% vs 2024
€ 90,300 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.
€ 331,059
▲ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 42.3 million
▲ 3% vs 2024
€ 849,210 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 12.1 million
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 77 days on average.
€ 666,165
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 59,446,935 | € 57,643,075 | € 56,108,399 | € 62,441,775 | ▲ 11% |
| Profit after taxes | € -105,846 | € -2,422,548 | € 981,567 | € -45,624 | ▼ € 1 million |
| Equity | € 30,495,353 | € 28,072,027 | € 29,054,372 | € 29,008,748 | |
| Total debts | € 61,448,618 | € 53,844,908 | € 52,495,389 | € 55,316,534 | ▲ 5% |
| Cash | € 38,505 | € 7,557 | € 57,575 | € 24,462 | ▼ 58% |
| Land & buildings | € 4,255,434 | € 3,887,795 | € 2,672,181 | € 2,085,889 | ▼ 22% |
| Retained profit | € 29,583,353 | € 27,160,027 | € 28,142,372 | € 28,096,748 | |
| Bank debt | € 18,527,056 | € 34,276,813 | € 40,981,444 | € 42,349,210 | ▲ 3% |
| Balance sheet total | € 92,121,283 | € 82,080,962 | € 81,666,189 | € 84,425,561 | ▲ 3% |
| Employees (FTE) | 41.6 | 41.3 | 42.2 | 42.4 | ▲ 0.2 |
Key figures of POLYMER PROCESSING, 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 POLYMER PROCESSING?
What happened at POLYMER PROCESSING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LGR Consulting BVBA stepped down as director. NBB
- Empax BV stepped down as director. NBB
- Ella Management BV stepped down as director. NBB
- Stefaan Vanhoutte stepped down as director. NBB
- Two Bee Consult BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 45,624 (▼ € 1 million vs 2024). Source: NBB ↗
- New establishment in Beveren. KBO
- Two Bee Consult BV became a director. NBB
In short
From € 105,846 loss in 2022 to € 45,624 loss in 2025.
Paid € 128,755 in corporate taxes since 2022.
Best year ever: 2024, with € 981,567 profit.
Pays suppliers within 77 days on average.
Management
The shares are held by Katoen Natie International SA (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ivo Creton
Also active at: Logistics General Contracting and Engineering, JONGERIUS TECHNOLOGY, NOORDKASTEEL
since 2022 · until 2028
Director · represented by Vangramberen Charlotte
Also active at: KATOEN NATIE TANK OPERATIONS, Kallo Storage, KATOEN NATIE LIQUID SERVICES
since 2022 · until 2028
Director · represented by Suzanna Vangoethem
Also active at: Mexico Natie, KATOEN NATIE GRINDING & COMPOUNDING SERVICES, BLUE STAR STORAGE, KATOEN NATIE TANK OPERATIONS, Kallo Storage, Specialty Chemicals Terminals
since 2022 · until 2028
since 2022 · until 2028
Director · represented by Bob Carlier
since 2023 · until 2028
Shareholders
Katoen Natie International SA
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ketenislaan(KAL) 1
9130 Beveren-Kruibeke-Zwijndrecht
Haandorpweg(KAL) 1
9130 Beveren-Kruibeke-Zwijndrecht
Active since 17 April 1996
Oudedijk(KAL) 1
9130 Beveren
Active since 11 October 2013
Ketenislaan(KAL) 1548
9130 Beveren
Active since 16 November 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Van Ameyde Marine (Belgium)
€ 2.1 million gross margin · 2025
Logistics General Contracting and Engineering same network
€ 3.7 million revenue · 2025
Katoen Natie Koersel
€ 395,103 gross margin · 2025
INDAVER
€ 330.6 million revenue · 2025
KATOEN NATIE GRINDING & COMPOUNDING SERVICES same network
€ 2.2 million gross margin · 2025
+8 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
- 0457.525.145
- VAT number
- BE 0457.525.145
- Registered office
- Ketenislaan(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- POLYMER PROCESSING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 1996
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Vrachtbehandeling in zeehavens