What is the address of POLAR ELECTRO BELGIUM?

The registered office of POLAR ELECTRO BELGIUM is located at Noordlaan (DEN) 21, 9200 Dendermonde.

Is POLAR ELECTRO BELGIUM still active?

Yes. According to the CBE (30 October 2026) POLAR ELECTRO BELGIUM is active, legal situation “Normale toestand”, started on 31 March 2004.

Is POLAR ELECTRO BELGIUM registered on Peppol?

Yes, POLAR ELECTRO BELGIUM is registered on the Peppol network with ID 0208:0864427079.

What is the enterprise number of POLAR ELECTRO BELGIUM?

The enterprise number of POLAR ELECTRO BELGIUM is BE0864427079.

When was POLAR ELECTRO BELGIUM founded?

POLAR ELECTRO BELGIUM was founded on 31 March 2004.

Who are the directors of POLAR ELECTRO BELGIUM?

According to the 2025 annual accounts, the directors of POLAR ELECTRO BELGIUM are: Sander WERRING, Yves SPRUNGER, Eric CHOUHMAT.

Is POLAR ELECTRO BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 March 2004; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did POLAR ELECTRO BELGIUM make in 2025?

POLAR ELECTRO BELGIUM posted a profit after taxes of € 18,207 in financial year 2025.

What is the revenue of POLAR ELECTRO BELGIUM?

In its most recent annual accounts (2025), POLAR ELECTRO BELGIUM reported revenue of € 694,381.

How much does an employee at POLAR ELECTRO BELGIUM earn?

The average wage cost per full-time employee at POLAR ELECTRO BELGIUM was € 89,800 in 2025: staff costs of € 547,598 for 6.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does POLAR ELECTRO BELGIUM have?

According to the 2025 annual accounts, POLAR ELECTRO BELGIUM has 6.1 full-time equivalents (FTE).

POLAR ELECTRO BELGIUM (Public Limited) - Dendermonde

Q: What does POLAR ELECTRO BELGIUM do?

POLAR ELECTRO BELGIUM is registered with the CBE as active in: Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur. Public Limited, started on 31 March 2004, 1 establishment.

Dossier POLAR ELECTRO BELGIUM, printed on 30 October 2026 from databakkes.be/en/0864427079/polar-electro-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

POLAR ELECTRO BELGIUM from Dendermonde, company number BE0864427079, closed financial year 2025 with a result of € 18,207 after tax. For that financial year POLAR ELECTRO BELGIUM recorded revenue of € 694,381 and equity of € 257,372. Compared with financial year 2024, the result moved from € 15,967 to € 18,207. 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 June 1, 2026.

What it is worth Growing

€ 257,372

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 18,207

▲ 14% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 78,346

▼ 7% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 107,372.

People and assets in 2025

Full-time equivalents

6.1

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 125,618 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 547,598

▲ 3% vs 2024

€ 89,800 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.

Vehicles and equipment

€ 3,327

▼ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 23,757

▼ 54% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.

Wages and social charges

€ 69,525

▼ 3% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,876,036 Revenue 2022: € 1,876,036 First fiscal year in the series	€ 1,429,438 Revenue 2023: € 1,429,438 ▼ 24% vs 2022 (€ 1,876,036) Unfavourable step	€ 735,477 Revenue 2024: € 735,477 ▼ 49% vs 2023 (€ 1,429,438) Unfavourable step	€ 694,381 Revenue 2025: € 694,381 ▼ 6% vs 2024 (€ 735,477) Unfavourable step	▼ 6%
Profit after taxes	€ 41,032 Profit after taxes 2022: € 41,032 First fiscal year in the series	€ 26,126 Profit after taxes 2023: € 26,126 ▼ 36% vs 2022 (€ 41,032) Unfavourable step	€ 15,967 Profit after taxes 2024: € 15,967 ▼ 39% vs 2023 (€ 26,126) Unfavourable step	€ 18,207 Profit after taxes 2025: € 18,207 ▲ 14% vs 2024 (€ 15,967) Favourable step	▲ 14%
Equity	€ 597,073 Equity 2022: € 597,073 First fiscal year in the series	€ 323,198 Equity 2023: € 323,198 ▼ 46% vs 2022 (€ 597,073) Unfavourable step	€ 239,165 Equity 2024: € 239,165 ▼ 26% vs 2023 (€ 323,198) Unfavourable step	€ 257,372 Equity 2025: € 257,372 ▲ 8% vs 2024 (€ 239,165) Favourable step	▲ 8%
Total debts	€ 225,893 Total debts 2022: € 225,893 First fiscal year in the series	€ 148,688 Total debts 2023: € 148,688 ▼ 34% vs 2022 (€ 225,893) Favourable step	€ 123,605 Total debts 2024: € 123,605 ▼ 17% vs 2023 (€ 148,688) Favourable step	€ 93,282 Total debts 2025: € 93,282 ▼ 25% vs 2024 (€ 123,605) Favourable step	▼ 25%
Cash	€ 308,136 Cash 2022: € 308,136 First fiscal year in the series	€ 155,965 Cash 2023: € 155,965 ▼ 49% vs 2022 (€ 308,136) Unfavourable step	€ 84,036 Cash 2024: € 84,036 ▼ 46% vs 2023 (€ 155,965) Unfavourable step	€ 78,346 Cash 2025: € 78,346 ▼ 7% vs 2024 (€ 84,036) Unfavourable step	▼ 7%
Retained profit	€ 447,073 Retained profit 2022: € 447,073 First fiscal year in the series	€ 173,198 Retained profit 2023: € 173,198 ▼ 61% vs 2022 (€ 447,073) Unfavourable step	€ 89,165 Retained profit 2024: € 89,165 ▼ 49% vs 2023 (€ 173,198) Unfavourable step	€ 107,372 Retained profit 2025: € 107,372 ▲ 20% vs 2024 (€ 89,165) Favourable step	▲ 20%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 300,000 Dividend 2023: € 300,000 Unchanged (€ 0) Unchanged	€ 100,000 Dividend 2024: € 100,000 ▼ 67% vs 2023 (€ 300,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 100,000) Unchanged	▼ 100%
Balance sheet total	€ 822,966 Balance sheet total 2022: € 822,966 First fiscal year in the series	€ 471,887 Balance sheet total 2023: € 471,887 ▼ 43% vs 2022 (€ 822,966) Unchanged	€ 362,770 Balance sheet total 2024: € 362,770 ▼ 23% vs 2023 (€ 471,887) Unchanged	€ 350,653 Balance sheet total 2025: € 350,653 ▼ 3% vs 2024 (€ 362,770) Unchanged	▼ 3%
Employees (FTE)	8.1 Employees (FTE) 2022: 8.1 First fiscal year in the series	7.7 Employees (FTE) 2023: 7.7 ▼ 0.4 vs 2022 (8.1) Unchanged	6.1 Employees (FTE) 2024: 6.1 ▼ 1.6 vs 2023 (7.7) Unchanged	6.1 Employees (FTE) 2025: 6.1 Unchanged (6.1) Unchanged

Key figures of POLAR ELECTRO BELGIUM, 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 POLAR ELECTRO BELGIUM?

What happened at POLAR ELECTRO BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Sander WERRING stepped down as director. NBB
2028 Yves SPRUNGER stepped down as director. NBB
2028 Eric CHOUHMAT stepped down as director. NBB
Jun 1, 2026 New annual accounts for financial year 2025: profit of € 18,207 (▲ 14% vs 2024). Source: NBB ↗
2023 Sander WERRING became a director. NBB
2023 Eric CHOUHMAT became a director. NBB
2023 Yves SPRUNGER became a director. NBB
Mar 31, 2004 New establishment in Dendermonde. KBO

In short

From € 41,032 profit in 2022 to € 18,207 profit in 2025.

Paid € 70,844 in corporate taxes since 2022.

Best year ever: 2022, with € 41,032 profit.

Paid out € 400,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Sander WERRING

Director

since 2023 · until 2029

Yves SPRUNGER

Director

since 2023 · until 2028

Eric CHOUHMAT

Director

since 2023 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Noordlaan (DEN) 21

9200 Dendermonde

2.138.093.992

Noordlaan (DEN) 21 box 1,3

9200 Dendermonde

Active since 31 March 2004

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 →

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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

0864.427.079

VAT number

BE 0864.427.079

Registered office

Noordlaan (DEN) 21, 9200 Dendermonde

Names & denominations

POLAR ELECTRO BELGIUM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 March 2004

Peppol

Active · Active since 17 Feb 2026

Activities · NACE

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Handelsbemiddeling in de groothandel in andere specifieke goederen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige zakelijke dienstverlening, neg

Administratieve en ondersteunende activiteiten ten behoeve van kantoren

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

POLAR ELECTRO BELGIUM

Financials

What happened to POLAR ELECTRO BELGIUM?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions