BOREALIS POLYMERS
ActiveSummary
BOREALIS POLYMERS has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172.9m and a net result of €6.5m. Equity has been shrinking by about 6.4% per year since 2018. Its solvency ranks better than 75% of 317 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 02-04-1996 Normal situation
- Activity
- Manufacture of chemicals and chemical products NACE 20160
- Joint committees
- 207 Paritair Comité voor de bedienden uit de scheikundige nijverheid
- 116 Paritair Comité voor de scheikundige nijverheid · annual accounts 2025
- Establishment units
- 2.103.031.759 3583 Beringen, since 15-04-1996
- 2.133.403.845 2800 Mechelen, since 15-09-2003
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- Stefan CaluweDirector · since 09-05-2023
- Desal LouisDirector · since 01-10-2023
- Thomas Van De VeldeDirector
- Auditor
- KPMG Bedrijfsrevisoren BV/SRL
- BOREALIS GMBH100%annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €207.8m
- ▼ 8.2%
- Profit
- €6.5m
- ▼ 29.1%
- Equity
- €172.9m
- ▲ 4.9%
- Total assets
- €246.4m
- ▼ 7.0%
- Employees on 31-12-2025
- 623
- ▲ 1.1%
Score breakdownlowers riskFounded in 1996Size: turnover €207.8m, 580.2 FTE, total assets €246.4mEquity €172.9m (70.2% of total assets)Legal form: public limited companyShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 20, large). It does better than 74% of them on solvency, 72% on liquidity, 72% on profitability and 53% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 53 days before the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Largest employer in Limburg, Chemicals sectorin the Checked rankings No. 1 View
- Positive: 8 profitable years in a rowprofit 2025: €6.5m 8 years View
- Merger with BOREALIS DIGITAL STUDIOmerger on 06-08-2025 2025 View
- Positive: Always filed on timeaccounts within the deadline every year 7 years View
- Caution: Result fell in 2025from €9.2m to €6.5m ▼ 29.1% View
- New directorlatest change 12-05-2026 · 3 in office 1 joined View
- Flemish supportawarded from 2022 to 2025 €128,440 View
Recent changes
- · Gazette deed Reappointment: Thomas Van De Velde (director)Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor) · Permanent representative: Herwig Carmans
- · Gazette deed Reappointment: Thomas Van De Velde (director)Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor) · Permanent representative: Herwig Carmans
- · Gazette deed Merger: BOREALIS POLYMERS takes over BOREALIS DIGITAL STUDIOCapital increase of €22,000 to €83,500
Comparable companies
These companies have the same main activity as BOREALIS POLYMERS: manufacture of chemicals and chemical products (NACE 20160). They are comparable in size and age: total assets between €126m and €2.1bn, founded between 1969 and 2008.
| Company | Total assets | Turnover |
|---|---|---|
| BOREALIS POLYMERS Beringen | €246.4m | €207.8m |
| NIPPON SHOKUBAI EUROPE Beveren-Kruibeke-Zwijndrecht | €244.0m | €339.7m |
| INEOS STYROLUTION BELGIUM Antwerpen | €126.2m | €209.5m |
| INEOS MANUFACTURING BELGIUM Antwerpen | €211.0m | €106.2m |
| BOREALIS KALLO Beringen | €2,056.6m | €163.8m |
| BOREALIS ANTWERPEN Beringen | €178.3m | €77.1m |
| DOW SILICONES BELGIUM Seneffe | €345.8m | €131.8m |
Key facts about BOREALIS POLYMERS
- What is the company number of BOREALIS POLYMERS?
- The company number of BOREALIS POLYMERS is 0457.665.893. The VAT number is the same number with BE in front: BE 0457.665.893.
- Where is BOREALIS POLYMERS based?
- The registered office is at Industrieweg 148, 3583 Beringen.Company details
- What does BOREALIS POLYMERS do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20160).
- What is the legal form of BOREALIS POLYMERS?
- The legal form of BOREALIS POLYMERS is Public limited company (NV).
- When was BOREALIS POLYMERS founded?
- BOREALIS POLYMERS was founded on 02-04-1996.
- Is BOREALIS POLYMERS still active?
- Yes, BOREALIS POLYMERS is an active enterprise in the KBO register.
- How many employees does BOREALIS POLYMERS have?
- BOREALIS POLYMERS had an average of 580.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BOREALIS POLYMERS fall under?
- In its 2025 annual accounts, BOREALIS POLYMERS states joint committees 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid) and 116 (Paritair Comité voor de scheikundige nijverheid).
- What is the turnover of BOREALIS POLYMERS?
- The turnover of BOREALIS POLYMERS was €207.8m in financial year 2025, according to the filed annual accounts.
- Is BOREALIS POLYMERS profitable?
- In financial year 2025, BOREALIS POLYMERS made a profit of €6.5m.
- Where can I find the annual accounts of BOREALIS POLYMERS?
- BOREALIS POLYMERS filed 57 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BOREALIS POLYMERS due?
- BOREALIS POLYMERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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