Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
POLARSUN from Blégny, company number BE0769520103, closed financial year 2025 with a result of € -124,460 after tax. For that financial year POLARSUN recorded a gross margin of € 1.5 million and equity of € 575,032. Compared with financial year 2024, the result moved from € 9,738 to € -124,460. 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 30, 2026.
€ 575,032
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -124,460
▼ still € 9,738 profit in 2024
Profit after tax over the fiscal year.
€ 88,275
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 475,032.
People and assets in 2025
21.5
▲ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 11% vs 2024
€ 65,400 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.
€ 159,759
▼ 5% vs 2024
Of which on lease € 110,014.
Debts at end 2025
€ 764,160
▲ € 608,312 vs 2024
€ 128,637 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1 million
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 85,559
▼ 43% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 513,319 | € 2,400,931 | € 1,442,071 | € 1,451,670 | ▲ 1% |
| Profit after taxes | € -1,581 | € 591,335 | € 9,738 | € -124,460 | ▼ € 134,198 |
| Equity | € 98,419 | € 689,754 | € 699,492 | € 575,032 | ▼ 18% |
| Total debts | € 2,936,151 | € 2,681,172 | € 1,877,323 | € 1,991,938 | ▲ 6% |
| Cash | € 476,344 | € 435,906 | € 586,646 | € 88,275 | ▼ 85% |
| Retained profit | € -1,581 | € 589,754 | € 599,492 | € 475,032 | ▼ 21% |
| Bank debt | € 286,924 | € 115,117 | € 155,848 | € 764,160 | ▲ € 608,312 |
| Balance sheet total | € 3,034,570 | € 3,484,896 | € 2,640,767 | € 2,602,638 | ▼ 1% |
| Employees (FTE) | 8.7 | 22.4 | 19.6 | 21.5 | ▲ 1.9 |
Key figures of POLARSUN, 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 POLARSUN?
What happened at POLARSUN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 124,460 (▼ € 134,198 vs 2024). Source: NBB ↗
- J. Ista SRL became a director. NBB
- BFM SRL became a director. NBB
- Overcool SRL became a director. NBB
- Arvest Group SRL became a director. NBB
- New establishment in Blégny. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,581 loss in 2022 to € 124,460 loss in 2025.
Paid € 259,990 in corporate taxes since 2022.
Best year ever: 2023, with € 591,335 profit.
On average € 67,500 of value added per employee in 2025.
A new publication or filing at POLARSUN? We notify you, reason included.
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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
The stake of Overcool comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
POLARSUNBehind POLARSUN are Arvest Group SRL, BFM SRL, Overcool SRL and J. Ista SRL. The shares are held by Overcool (100%).
Directors
According to the 2025 annual accounts
Director · represented by Yves Warnant
Also active at: Arvest Ventures, ECOSTAL GROUP, AUTOMATION GROUP, IMMO PAGGEN, ECOSTAL, IMMO FORT CINQ, INDUMATION GROUP
since 2022
Director · represented by Benoît Fabry
Also active at: Geeroms, CLIMATEC SERVICE, VAN HAUTE COOLING, Overcool, IMMO PAGGEN, IEPERCOOL
since 2023
Director · represented by Jan Van der Beke
Also active at: Geeroms, CLIMATEC SERVICE, VAN HAUTE COOLING, IMMO PAGGEN, IEPERCOOL
since 2023
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Fort 5
4671 Blégny
Rue Prés-Champs 5b
4671 Blégny
Active since 9 June 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0769.520.103
- VAT number
- BE 0769.520.103
- Registered office
- Rue du Fort 5, 4671 Blégny
- Names & denominations
- POLARSUN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2021
- Peppol
- Active · Active since 6 Jul 2021
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