About Polar Marine Service
Polar Marine Service is a private limited company (BV/SRL) based in Antwerpen, founded in 2021. Its main activity is classified as "Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur". For the 2025 financial year, Polar Marine Service reported a loss of €152,030. That makes 4 loss-making financial years in a row for Polar Marine Service. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €18,818. Equity is negative (-€161,381): liabilities exceed assets. 4 annual accounts are available, covering 2022 to 2025.
- Signals
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Negative equityNegative equity € -161K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -152KThe company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -131KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -131KEBITDA is negative: operating activities are loss-making.
High social debt vs. personnel costsHigh social debt vs. personnel costs 28.1%Social debts are a high share of personnel costs, which may indicate social security arrears.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
19K
|
€
-5K
|
€
-24K
|
€
-27K
|
|
|
€
-131K
|
€
-91K
|
€
-107K
|
€
-75K
|
|
|
€
-152K
|
€
-111K
|
€
-121K
|
€
-79K
|
|
|
€
-161K
|
€
-149K
|
€
-38K
|
€
84K
|
|
|
-30.14%
|
-41.34%
|
-19.90%
|
45.37%
|
|
|
€
697K
|
€
511K
|
€
228K
|
€
101K
|
|
|
€
144K
|
€
130K
|
€
128K
|
€
162K
|
Publications 1
All publicationsFrequently asked questions
Answers to the most common questions about Polar Marine Service, based on official government data and the filed annual accounts.
What is the VAT number of Polar Marine Service?
The VAT number of Polar Marine Service is BE0772.394.271.
When was Polar Marine Service established?
Polar Marine Service was founded in 09-08-2021.
What is the official address of Polar Marine Service?
The official address of Polar Marine Service is Koolkaai 6 Antwerpen 2000.
What is the legal form of Polar Marine Service?
The juridical form of Polar Marine Service is Private limited company (BV/SRL).
What is the annual revenue of Polar Marine Service?
The 2025 accounts of Polar Marine Service do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Polar Marine Service a reliable company?
Polar Marine Service is a registered Rechtspersoon with company number 0772.394.271 and can be verified through the official CBE database.
What is the credit limit of Polar Marine Service?
The estimated credit limit of Polar Marine Service is €0.
Is Polar Marine Service still active?
Polar Marine Service currently has the status "Normal situation" and is active.