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 12 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
Polybotes from Brugge, company number BE0754372859, closed financial year 2025 with a result of € -64,428 after tax. For that financial year Polybotes recorded a gross margin of € 197,824 and equity of € 521,468. Compared with financial year 2024, the result moved from € 138,496 to € -64,428. 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 September 29, 2026.
€ 521,468
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,428
▼ still € 138,496 profit in 2024
Profit after tax over the fiscal year.
€ 35,638
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 271,468.
People and assets in 2025
€ 1.9 million
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 15% vs 2024
€ 245,700 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 43,793
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,248
▼ 65% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 356,080 | € 440,339 | € 435,720 | € 197,824 | ▼ 55% |
| Profit after taxes | € 76,218 | € 145,931 | € 138,496 | € -64,428 | ▼ € 202,924 |
| Equity | € 301,469 | € 447,400 | € 585,896 | € 521,468 | ▼ 11% |
| Total debts | € 2,222,937 | € 1,907,257 | € 1,706,199 | € 1,414,238 | ▼ 17% |
| Cash | € 4,873 | € 60,404 | € 181,537 | € 35,638 | ▼ 80% |
| Retained profit | € 51,469 | € 197,400 | € 335,896 | € 271,468 | ▼ 19% |
| Bank debt | € 2,079,400 | € 1,833,700 | € 1,588,000 | € 1,342,300 | ▼ 15% |
| Balance sheet total | € 2,524,406 | € 2,354,657 | € 2,292,095 | € 1,961,706 | ▼ 14% |
Key figures of Polybotes, 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 Polybotes?
What happened at Polybotes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PHILIP VAN GESTEL BV stepped down as director. NBB
- MATNIC BV stepped down as director. NBB
- ORTELS BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 64,428 (▼ € 202,924 vs 2024). filed late Source: NBB ↗
- ORTELS BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
- PHILIP VAN GESTEL BV became a director. NBB
In short
From € 76,218 profit in 2022 to € 64,428 loss in 2025.
Paid € 96,011 in corporate taxes since 2022.
Best year ever: 2023, with € 145,931 profit.
Management
The stake of NOORD NATIE, MATNIC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PolybotesThe shares are held by NOORD NATIE (60%) and MATNIC (40%).
Directors
According to the 2025 annual accounts
Director · represented by PHILIP VAN GESTEL
Also active at: EFICO, NOORD NATIE TERMINALS, International Distribution Partners, ANTWERP FOR STORAGE, NOORD NATIE, NOORDKAAI, Officeco, NOORD NATIE BEHEER +2 more
since 2020 · until 2028
Director · represented by PATRICK VERHEYEN
since 2020 · until 2028
Director · represented by Kim DE GREEF
Also active at: EFICO, Officeco, NOORD NATIE BEHEER, SEABRIDGE
since 2024 · until 2028
Shareholders
60%
40%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koffieweg 10
8380 Brugge
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0754.372.859
- VAT number
- BE 0754.372.859
- Registered office
- Koffieweg 10, 8380 Brugge
- Names & denominations
- Polybotes
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2020
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
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