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 40 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
78 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
POLAR HOLDING from Kortrijk, company number BE0795848871, closed financial year 2025 with a result of € 67,168 after tax. For that financial year POLAR HOLDING recorded a gross margin of € 43,800 and equity of € 248,059. Compared with financial year 2024, the result moved from € 118,391 to € 67,168. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 31, 2025.
€ 248,059
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,168
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 41,838
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 185,559.
Debts at end 2025
€ 414,000
▼ 24% vs 2024
€ 84,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 6,541
▼ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 71,007 | € 43,800 | ▼ 38% |
| Profit after taxes | € 118,391 | € 67,168 | ▼ 43% |
| Equity | € 180,891 | € 248,059 | ▲ 37% |
| Total debts | € 594,800 | € 458,682 | ▼ 23% |
| Cash | € 110,759 | € 41,838 | ▼ 62% |
| Retained profit | € 118,391 | € 185,559 | ▲ 57% |
| Bank debt | € 548,000 | € 414,000 | ▼ 24% |
| Balance sheet total | € 775,691 | € 706,741 | ▼ 9% |
Key figures of POLAR HOLDING, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to POLAR HOLDING?
What happened at POLAR HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 67,168 (▼ 43% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 118,391 profit in 2024 to € 67,168 profit in 2025.
Paid € 11,853 in corporate taxes since 2024.
Best year ever: 2024, with € 118,391 profit.
Management
Behind POLAR HOLDING are ADJILE BV, JDIC BV and ASSETTE BV. The shares are held by ADJILE BV (40%), ASSETTE BV (40%) and JDIC BV (20%).
Directors
According to the 2025 annual accounts
Director · represented by Jos DESLEE
Also active at: DE ARMOEDE, ANTEMM, Post Light International, Orac Holding, VINTEOR, Perfect Lighting International, AMBITS, Den Berk Délice +5 more
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dumolinlaan(Kor) 1 box 12
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 78 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0795.848.871
- VAT number
- BE 0795.848.871
- Registered office
- Dumolinlaan(Kor) 1 bus 12, 8500 Kortrijk
- Names & denominations
- POLAR HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2023
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
Activiteiten van holdings
Holdings