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 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
POLYCHEMCO from Kortrijk, company number BE0480376761, closed financial year 2025 with a result of € 15,160 after tax. For that financial year POLYCHEMCO recorded a gross margin of € 33,844 and equity of € 427,604. Compared with financial year 2024, the result moved from € 34,442 to € 15,160. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 427,604
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,160
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 10,508
▲ 292% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 160,845 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,128
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,177
▲ 113% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,046 | € 49,793 | € 57,506 | € 33,844 | ▼ 41% |
| Profit after taxes | € 54,260 | € 38,832 | € 34,442 | € 15,160 | ▼ 56% |
| Equity | € 500,015 | € 538,847 | € 573,289 | € 427,604 | ▼ 25% |
| Total debts | € 538,414 | € 573,746 | € 600,729 | € 796,126 | ▲ 33% |
| Cash | € 40,271 | € 14,118 | € 2,683 | € 10,508 | ▲ 292% |
| Land & buildings | - | - | - | € 50,001 | |
| Retained profit | € 493,015 | € 531,847 | € 566,289 | € 420,604 | ▼ 26% |
| Dividend | € 0 | € 0 | € 0 | € 160,845 | |
| Balance sheet total | € 1,038,429 | € 1,112,593 | € 1,174,017 | € 1,223,730 | ▲ 4% |
Key figures of POLYCHEMCO, 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 POLYCHEMCO?
What happened at POLYCHEMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,160 (▼ 56% vs 2024). filed late Source: NBB ↗
- Miek Van De Velde became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- Frederik Coeman became a director. NBB
In short
From € 54,260 profit in 2022 to € 15,160 profit in 2025.
Paid € 14,394 in corporate taxes since 2022.
Best year ever: 2022, with € 54,260 profit.
Paid out € 160,845 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind POLYCHEMCO are Frederik Coeman and Miek Van De Velde. The shares are held by Frederik Coeman.
Directors
According to the 2025 annual accounts
Frederik Coeman
Director
Is a shareholder
since 2003
Miek Van De Velde
Director
since 2011
Shareholders
Frederik Coeman · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Loodwitstraat(Kor) 22
8500 Kortrijk
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
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0480.376.761
- VAT number
- BE 0480.376.761
- Registered office
- Loodwitstraat(Kor) 22, 8500 Kortrijk
- Names & denominations
- POLYCHEMCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2003
- Peppol
- Active · Active since 2 Dec 2025
- Contact
- chemco.be
- Activities · NACE
Activiteiten van holdings
Holdings