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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Polysun from Temse, company number BE0653979542, closed financial year 2025 with a result of € -57,875 after tax. For that financial year Polysun recorded a gross margin of € 184,114 and equity of € -50,743. Compared with financial year 2024, the result moved from € -39,442 to € -57,875. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ -50,743
▼ € 57,875 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,875
▼ 47 % more loss than in 2024
Profit after tax over the fiscal year.
€ 80,300
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -69,343.
People and assets in 2025
€ 210,953
▲ 5% 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.
€ 4,392
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 134,730
Loans from banks and other lenders, long and short.
€ 88,744
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,041
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 314,807 | € 213,871 | € 209,293 | € 184,114 | ▼ 12% |
| Profit after taxes | € 34,107 | € -23,385 | € -39,442 | € -57,875 | ▼ € 18,433 |
| Equity | € 69,959 | € 46,574 | € 7,133 | € -50,743 | ▼ € 57,875 |
| Total debts | € 427,791 | € 273,557 | € 326,768 | € 251,534 | ▼ 23% |
| Cash | € 139,561 | € 97,669 | € 140,069 | € 80,300 | ▼ 43% |
| Retained profit | € 51,359 | € 27,974 | € -11,467 | € -69,343 | ▼ € 57,875 |
| Bank debt | € 132,097 | € 90,071 | € 134,730 | € 134,730 | |
| Balance sheet total | € 497,750 | € 320,131 | € 333,901 | € 200,792 | ▼ 40% |
Key figures of Polysun, 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 Polysun?
What happened at Polysun in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 57,875. Source: NBB ↗
- Acon Management BV became a director. NBB
- New establishment in Temse. KBO
- Odette Van Lieshout Holding BV became a director. NBB
- Polypane Glasindustrie BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 34,107 profit in 2022 to € 57,875 loss in 2025.
Paid € 27,456 in corporate taxes since 2022.
Best year ever: 2022, with € 34,107 profit.
Management
The stake of POLYPANE GLASINDUSTRIE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PolysunBehind Polysun are Odette Van Lieshout Holding BV, Polypane Glasindustrie BV and Acon Management BV. The shares are held by POLYPANE GLASINDUSTRIE (30%).
Directors
According to the 2025 annual accounts
Odette Van Lieshout Holding BV
Director · represented by Odette Van Lieshout
since 2016
Director · represented by Franky Symoens
since 2016
Acon Management BV
Director · represented by Gabriël Pieter Contant
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Winninglaan 2
9140 Temse
Winninglaan 2 box A
9140 Temse
Active since 19 May 2016
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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0653.979.542
- VAT number
- BE 0653.979.542
- Registered office
- Winninglaan 2, 9140 Temse
- Names & denominations
- Polysun
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 2016
- Peppol
- Active · Active since 27 Nov 2025
- Contact
- polysun.be
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Vormen en bewerken van vlakglas
Glaszetten
Schrijnwerk
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Overige zakelijke dienstverlening, neg
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)