Financials
Financial year 2025
LUKOIL BELGIUM from Vilvoorde, company number BE0400700961, closed financial year 2025 with a result of € 27.2 million after tax. For that financial year LUKOIL BELGIUM recorded revenue of € 952.2 million and equity of € 185 million. Compared with financial year 2024, the result moved from € 25.5 million to € 27.2 million. 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 August 18, 2026.
€ 185 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27.2 million
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 33.4 million
▼ 60% 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 € 178.8 million.
People and assets in 2025
58.8
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.9 million
▼ 4% vs 2024
€ 202,000 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.
€ 20,506
▼ 16% 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.
€ 30.5 million
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 12 days on average.
€ 29.7 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,435,029,382 | € 1,063,883,141 | € 974,698,295 | € 952,232,336 | ▼ 2% |
| Profit after taxes | € 24,080,772 | € 19,705,646 | € 25,463,645 | € 27,173,158 | ▲ 7% |
| Equity | € 112,626,187 | € 132,331,835 | € 157,795,480 | € 184,968,638 | ▲ 17% |
| Total debts | € 72,439,298 | € 63,591,212 | € 59,801,326 | € 63,241,640 | ▲ 6% |
| Cash | € 37,423,360 | € 59,390,857 | € 83,560,581 | € 33,429,051 | ▼ 60% |
| Land & buildings | € 12,728,104 | € 13,470,168 | € 13,693,616 | € 15,416,064 | ▲ 13% |
| Retained profit | € 106,428,849 | € 126,134,497 | € 151,598,142 | € 178,771,300 | ▲ 18% |
| Balance sheet total | € 185,707,842 | € 196,974,887 | € 218,756,293 | € 250,452,912 | ▲ 14% |
| Employees (FTE) | 56.8 | 59.4 | 59.2 | 58.8 | ▼ 0.4 |
Key figures of LUKOIL 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 LUKOIL BELGIUM?
What happened at LUKOIL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ivo Hoskens stepped down as director. NBB
- Fabrice Vanhoucke stepped down as director. NBB
- Veerle Verhaegen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 27.2 million (▲ 7% vs 2024). filed late Source: NBB ↗
- Fabrice Vanhoucke became a director. NBB
- Veerle Verhaegen became a director. NBB
- Ivo Hoskens became a director. NBB
- New establishment in Brussel. KBO
In short
From € 24.1 million profit in 2022 to € 27.2 million profit in 2025.
Paid € 33.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 27.2 million profit.
Pays suppliers within 12 days on average.
A new publication or filing at LUKOIL BELGIUM? We notify you, reason included.
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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
The shares are held by Lukoil International GmbH (100%). It owns 100% of Lukoil Netherlands BV itself.
Directors
According to the 2025 annual accounts
Ivo Hoskens
Managing director
since 2025 · until 2028
Fabrice Vanhoucke
Director
since 2025 · until 2028
Veerle Verhaegen
Director
since 2025 · until 2028
Shareholders
Lukoil International GmbH
100%
Participations
Lukoil Netherlands BV
100%
Establishments
Establishment units
Physical locations of this company
Medialaan 28 B box 1
1800 Vilvoorde
Vilvoordsesteenweg 21
1120 Brussel
Active since 1 June 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.700.961
- VAT number
- BE 0400.700.961
- Registered office
- Medialaan 28 B bus 1, 1800 Vilvoorde
- Names & denominations
- LUKOIL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 1960
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten