What does BOREALIS POLYMERS do?

BOREALIS POLYMERS is registered with the CBE as active in: Vervaardiging van kunststoffen in primaire vormen. Public Limited, started on 2 April 1996, 2 establishments.

What is the address of BOREALIS POLYMERS?

The registered office of BOREALIS POLYMERS is located at Industrieweg 148, 3583 Beringen.

Is BOREALIS POLYMERS still active?

Yes. According to the CBE (29 October 2026) BOREALIS POLYMERS is active, legal situation “Normale toestand”, started on 2 April 1996.

Is BOREALIS POLYMERS registered on Peppol?

Yes, BOREALIS POLYMERS is registered on the Peppol network with ID 0208:0457665893.

What is the enterprise number of BOREALIS POLYMERS?

The enterprise number of BOREALIS POLYMERS is BE0457665893.

When was BOREALIS POLYMERS founded?

BOREALIS POLYMERS was founded on 2 April 1996.

Who are the directors of BOREALIS POLYMERS?

According to the 2025 annual accounts, the directors of BOREALIS POLYMERS are: THOMAS VAN DE VELDE, STEFAN CALUWE, LOUIS DESAL.

Is BOREALIS POLYMERS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 April 1996; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did BOREALIS POLYMERS make in 2025?

BOREALIS POLYMERS posted a profit after taxes of € 6,503,967 in financial year 2025.

What is the revenue of BOREALIS POLYMERS?

In its most recent annual accounts (2025), BOREALIS POLYMERS reported revenue of € 207,828,209.

How much does an employee at BOREALIS POLYMERS earn?

The average wage cost per full-time employee at BOREALIS POLYMERS was € 221,000 in 2025: staff costs of € 128.2 million for 580.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BOREALIS POLYMERS have?

According to the 2025 annual accounts, BOREALIS POLYMERS has 580.2 full-time equivalents (FTE).

BOREALIS POLYMERS (Public Limited) - Beringen

Dossier BOREALIS POLYMERS, printed on 29 October 2026 from databakkes.be/en/0457665893/borealis-polymers. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

BOREALIS POLYMERS from Beringen, company number BE0457665893, closed financial year 2025 with a result of € 6.5 million after tax. For that financial year BOREALIS POLYMERS recorded revenue of € 207.8 million and equity of € 172.9 million. Compared with financial year 2024, the result moved from € 9.2 million to € 6.5 million. 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 June 11, 2026.

What it is worth Growing

€ 172.9 million

▲ 5% vs 2024

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

Profit Healthy

€ 6.5 million

▼ 29% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 23.6 million

▲ € 22.7 million 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 € 172.8 million.

People and assets in 2025

Full-time equivalents

580.2

▼ 10.6 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 72.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 128.2 million

▲ 26% vs 2024

€ 221,000 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

€ 1.7 million

▲ 113% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 21,982

▼ € 23.4 million vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 17.7 million

▼ 56% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 93 days on average.

Taxes and wages

€ 52.1 million

▲ 66% 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
Revenue	€ 204,358,639 Revenue 2022: € 204,358,639 First fiscal year in the series	€ 242,888,251 Revenue 2023: € 242,888,251 ▲ 19% vs 2022 (€ 204,358,639) Favourable step	€ 226,428,141 Revenue 2024: € 226,428,141 ▼ 7% vs 2023 (€ 242,888,251) Unfavourable step	€ 207,828,209 Revenue 2025: € 207,828,209 ▼ 8% vs 2024 (€ 226,428,141) Unfavourable step	▼ 8%
Profit after taxes	€ 6,634,727 Profit after taxes 2022: € 6,634,727 First fiscal year in the series	€ 136,539,413 Profit after taxes 2023: € 136,539,413 ▲ € 129.9 million vs 2022 (€ 6,634,727) Favourable step	€ 9,172,215 Profit after taxes 2024: € 9,172,215 ▼ 93% vs 2023 (€ 136,539,413) Unfavourable step	€ 6,503,967 Profit after taxes 2025: € 6,503,967 ▼ 29% vs 2024 (€ 9,172,215) Unfavourable step	▼ 29%
Equity	€ 289,049,410 Equity 2022: € 289,049,410 First fiscal year in the series	€ 155,588,823 Equity 2023: € 155,588,823 ▼ 46% vs 2022 (€ 289,049,410) Unfavourable step	€ 164,761,038 Equity 2024: € 164,761,038 ▲ 6% vs 2023 (€ 155,588,823) Favourable step	€ 172,873,404 Equity 2025: € 172,873,404 ▲ 5% vs 2024 (€ 164,761,038) Favourable step	▲ 5%
Total debts	€ 184,438,806 Total debts 2022: € 184,438,806 First fiscal year in the series	€ 446,481,360 Total debts 2023: € 446,481,360 ▲ 142% vs 2022 (€ 184,438,806) Unfavourable step	€ 97,570,842 Total debts 2024: € 97,570,842 ▼ 78% vs 2023 (€ 446,481,360) Favourable step	€ 72,533,600 Total debts 2025: € 72,533,600 ▼ 26% vs 2024 (€ 97,570,842) Favourable step	▼ 26%
Cash	€ 512,555 Cash 2022: € 512,555 First fiscal year in the series	€ 383,377,613 Cash 2023: € 383,377,613 ▲ € 382.9 million vs 2022 (€ 512,555) Favourable step	€ 904,549 Cash 2024: € 904,549 ▼ € 382.5 million vs 2023 (€ 383,377,613) Unfavourable step	€ 23,558,034 Cash 2025: € 23,558,034 ▲ € 22.7 million vs 2024 (€ 904,549) Favourable step	▲ € 22.7 million
Land & buildings	€ 8,960,344 Land & buildings 2022: € 8,960,344 First fiscal year in the series	€ 8,960,918 Land & buildings 2023: € 8,960,918 Unchanged (€ 8,960,344) Unchanged	€ 8,952,406 Land & buildings 2024: € 8,952,406 Unchanged (€ 8,960,918) Unchanged	€ 10,156,306 Land & buildings 2025: € 10,156,306 ▲ 13% vs 2024 (€ 8,952,406) Unchanged	▲ 13%
Retained profit	€ 288,987,910 Retained profit 2022: € 288,987,910 First fiscal year in the series	€ 155,527,323 Retained profit 2023: € 155,527,323 ▼ 46% vs 2022 (€ 288,987,910) Unfavourable step	€ 164,699,538 Retained profit 2024: € 164,699,538 ▲ 6% vs 2023 (€ 155,527,323) Favourable step	€ 172,789,904 Retained profit 2025: € 172,789,904 ▲ 5% vs 2024 (€ 164,699,538) Favourable step	▲ 5%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 270,000,000 Dividend 2023: € 270,000,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 270,000,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 123,494,457 Bank debt 2022: € 123,494,457 First fiscal year in the series	€ 110,034,741 Bank debt 2023: € 110,034,741 ▼ 11% vs 2022 (€ 123,494,457) Favourable step	€ 23,404,642 Bank debt 2024: € 23,404,642 ▼ 79% vs 2023 (€ 110,034,741) Favourable step	€ 21,982 Bank debt 2025: € 21,982 ▼ € 23.4 million vs 2024 (€ 23,404,642) Favourable step	▼ € 23.4 million
Balance sheet total	€ 475,517,964 Balance sheet total 2022: € 475,517,964 First fiscal year in the series	€ 603,949,560 Balance sheet total 2023: € 603,949,560 ▲ 27% vs 2022 (€ 475,517,964) Unchanged	€ 264,920,030 Balance sheet total 2024: € 264,920,030 ▼ 56% vs 2023 (€ 603,949,560) Unchanged	€ 246,380,295 Balance sheet total 2025: € 246,380,295 ▼ 7% vs 2024 (€ 264,920,030) Unchanged	▼ 7%
Employees (FTE)	583.2 Employees (FTE) 2022: 583.2 First fiscal year in the series	582.4 Employees (FTE) 2023: 582.4 ▼ 0.8 vs 2022 (583.2) Unchanged	590.8 Employees (FTE) 2024: 590.8 ▲ 8.4 vs 2023 (582.4) Unchanged	580.2 Employees (FTE) 2025: 580.2 ▼ 10.6 vs 2024 (590.8) Unchanged	▼ 10.6

Key figures of BOREALIS POLYMERS, 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 BOREALIS POLYMERS?

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

2029 STEFAN CALUWE stepped down as director. NBB
2029 LOUIS DESAL stepped down as director. NBB
Jun 11, 2026 New annual accounts for financial year 2025: profit of € 6.5 million (▼ 29% vs 2024). Source: NBB ↗
2026 THOMAS VAN DE VELDE stepped down as director. NBB
2023 LOUIS DESAL became a director. NBB
2023 STEFAN CALUWE became a director. NBB
2020 THOMAS VAN DE VELDE became a director. NBB
Sep 15, 2003 New establishment in Mechelen. KBO

In short

From € 6.6 million profit in 2022 to € 6.5 million profit in 2025.

Paid € 14.9 million in corporate taxes since 2022.

Best year ever: 2023, with € 136.5 million profit.

Paid out € 270 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Borealis GmbH 100%

BOREALIS POLYMERS

The shares are held by Borealis GmbH (100%).

Directors

According to the 2025 annual accounts

THOMAS VAN DE VELDE

Director

Also active at: The European Petrochemical Association, BOREALIS KALLO, BOREALIS ANTWERPEN, Renasci

since 2020 · until 2026

STEFAN CALUWE

Director

since 2023 · until 2029

LOUIS DESAL

Director

since 2023 · until 2029

Shareholders

Borealis GmbH

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Industrieweg 148

3583 Beringen

2.133.403.845

Schaliënhoevedreef 20 box G

2800 Mechelen

Active since 15 September 2003

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

BOREALIS KALLO same network

€ 163.8 million revenue · 2025

Borealis Club

BOREALIS ANTWERPEN same network

€ 77.1 million revenue · 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: 0457.665.893
VAT number: BE 0457.665.893
Registered office: Industrieweg 148, 3583 Beringen
Names & denominations: BOREALIS POLYMERS
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 2 April 1996
Peppol: Active · Active since 1 Jan 2001
Activities · NACE: Vervaardiging van kunststoffen in primaire vormen

View on CBE Public ↗ Annual accounts (NBB) ↗

BOREALIS POLYMERS

Financials

What happened to BOREALIS POLYMERS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions