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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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
POLY-SMID from Ninove, company number BE0809258726, closed financial year 2025 with a result of € 12,146 after tax. For that financial year POLY-SMID recorded a gross margin of € 49,037 and equity of € 85,363. Compared with financial year 2024, the result moved from € 8,719 to € 12,146. Profitable, and profit is growing. 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 February 2, 2026.
€ 85,363
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,146
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 70,113
▲ 113% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
7 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,562
▼ 83% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 25,455
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,140
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,895
▼ 22% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 79,332 | € 70,825 | € 75,363 | € 49,037 | ▼ 35% |
| Profit after taxes | € 23,771 | € 6,400 | € 8,719 | € 12,146 | ▲ 39% |
| Equity | € 58,931 | € 65,332 | € 74,050 | € 85,363 | ▲ 15% |
| Total debts | € 53,909 | € 63,996 | € 61,552 | € 48,107 | ▼ 22% |
| Cash | € 51,809 | € 34,684 | € 32,919 | € 70,113 | ▲ 113% |
| Land & buildings | - | - | - | € 6,486 | |
| Retained profit | € 40,331 | € 46,732 | € 55,450 | € 66,763 | ▲ 20% |
| Dividend | € 0 | € 0 | € 0 | € 833 | |
| Balance sheet total | € 112,841 | € 129,328 | € 135,602 | € 133,470 | ▼ 2% |
Key figures of POLY-SMID, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to POLY-SMID?
What happened at POLY-SMID in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,146 (▲ 39% vs 2024). filed late Source: NBB ↗
- Philip Vande Velde became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,771 profit in 2022 to € 12,146 profit in 2025.
Paid € 12,983 in corporate taxes since 2022.
Best year ever: 2022, with € 23,771 profit.
Paid out € 833 in dividends to the owners in total.
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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
Behind POLY-SMID is Philip Vande Velde.
Directors
According to the 2025 annual accounts
Philip Vande Velde
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Halsesteenweg 408
9403 Ninove
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
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0809.258.726
- VAT number
- BE 0809.258.726
- Registered office
- Halsesteenweg 408, 9403 Ninove
- Names & denominations
- POLY-SMID
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2009
- Peppol
- Active · Active since 27 Nov 2025
- Contact
- polysmid.be
- Activities · NACE
Smeden van metaal
Vervaardiging van metalen constructiewerken en delen daarvan