Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PolyREC from Sint-Joost-ten-Node, company number BE0778628502, closed financial year 2025 with a result of € -73,924 after tax. For that financial year PolyREC recorded a gross margin of € -32,816 and equity of € 10,057. Compared with financial year 2024, the result moved from € -18,494 to € -73,924. The company made a loss. The buffer shrank hard: equity is 88 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 10,057
▼ 88% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -73,924
▼ 300 % more loss than in 2024
Profit after tax over the fiscal year.
€ 36,965
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,003
▲ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,806 | € -4,922 | € -4,302 | € -32,816 | ▼ € 28,513 |
| Profit after taxes | € 117,085 | € -14,609 | € -18,494 | € -73,924 | ▼ € 55,430 |
| Equity | € 117,085 | € 102,475 | € 83,981 | € 10,057 | ▼ 88% |
| Total debts | € 19,955 | € 4,113 | € 6,443 | € 11,003 | ▲ 71% |
| Cash | - | € 56,750 | € 63,034 | € 36,965 | ▼ 41% |
| Retained profit | € 117,085 | € 102,475 | € 83,981 | € 10,057 | ▼ 88% |
| Balance sheet total | € 137,040 | € 106,589 | € 90,425 | € 40,023 | ▼ 56% |
Key figures of PolyREC, 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 PolyREC?
What happened at PolyREC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 73,924. Source: NBB ↗
- VINYPLUS stepped down as director. NBB
- EUROPEAN MANUFACTURERS OF EXPANDED POLYSTYRENE stepped down as director. NBB
- PLASTICS RECYCLERS EUROPE stepped down as director. NBB
- VINYPLUS became a director. NBB
- EUROPEAN MANUFACTURERS OF EXPANDED POLYSTYRENE became a director. NBB
- PLASTICS RECYCLERS EUROPE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 117,085 profit in 2022 to € 73,924 loss in 2025.
Best year ever: 2022, with € 117,085 profit.
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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
Directors
According to the 2025 annual accounts
Director · represented by Peter PRINZ
since 2023 · until 2025
EUROPEAN MANUFACTURERS OF EXPANDED POLYSTYRENE
Director · represented by Lea SALIHOVIC-SARIC
since 2023 · until 2025
Director · represented by Antoon EMANS
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Kunstlaan 6-9
1210 Sint-Joost-ten-Node
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →Belgian Maintenance Association
€ 1 million gross margin · 2025
VAN den BROECKE
€ 217,752 gross margin · 2024
EUROPEAN FEDERATION OF NATIONAL MAINTENANCE SOCIETIES
S&S COMPANY
€ -970 gross margin · 2025
Styrenics Circular Solutions
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.628.502
- VAT number
- BE 0778.628.502
- Registered office
- Kunstlaan 6-9, 1210 Sint-Joost-ten-Node
- Names & denominations
- PolyREC
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 14 December 2021
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Activiteiten van beroepsorganisaties