What does BRITISH AMERICAN TOBACCO BELGIUM do?

BRITISH AMERICAN TOBACCO BELGIUM is registered with the CBE as active in: Vervaardiging van tabaksproducten. Public Limited, started on 15 March 1929, 2 establishments.

What is the address of BRITISH AMERICAN TOBACCO BELGIUM?

The registered office of BRITISH AMERICAN TOBACCO BELGIUM is located at Nieuwe Gentsesteenweg 21, 1702 Dilbeek.

Is BRITISH AMERICAN TOBACCO BELGIUM still active?

Yes. According to the CBE (29 September 2026) BRITISH AMERICAN TOBACCO BELGIUM is active, legal situation “Normale toestand”, started on 15 March 1929.

Is BRITISH AMERICAN TOBACCO BELGIUM registered on Peppol?

Yes, BRITISH AMERICAN TOBACCO BELGIUM is registered on the Peppol network with ID 0208:0402018577.

What is the enterprise number of BRITISH AMERICAN TOBACCO BELGIUM?

The enterprise number of BRITISH AMERICAN TOBACCO BELGIUM is BE0402018577.

When was BRITISH AMERICAN TOBACCO BELGIUM founded?

BRITISH AMERICAN TOBACCO BELGIUM was founded on 15 March 1929.

Who are the directors of BRITISH AMERICAN TOBACCO BELGIUM?

According to the 2025 annual accounts, the directors of BRITISH AMERICAN TOBACCO BELGIUM are: Thomas DAENENS, Christophe MICHELET.

Is BRITISH AMERICAN TOBACCO BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 March 1929; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did BRITISH AMERICAN TOBACCO BELGIUM make in 2025?

BRITISH AMERICAN TOBACCO BELGIUM posted a profit after taxes of € 7,106,951 in financial year 2025.

What is the revenue of BRITISH AMERICAN TOBACCO BELGIUM?

In its most recent annual accounts (2025), BRITISH AMERICAN TOBACCO BELGIUM reported revenue of € 1,103,286,740.

How much does an employee at BRITISH AMERICAN TOBACCO BELGIUM earn?

The average wage cost per full-time employee at BRITISH AMERICAN TOBACCO BELGIUM was € 200,500 in 2025: staff costs of € 18.1 million for 90.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BRITISH AMERICAN TOBACCO BELGIUM have?

According to the 2025 annual accounts, BRITISH AMERICAN TOBACCO BELGIUM has 90.2 full-time equivalents (FTE).

BRITISH AMERICAN TOBACCO BELGIUM (Public Limited)

Dossier BRITISH AMERICAN TOBACCO BELGIUM, printed on 29 September 2026 from databakkes.be/en/0402018577/british-american-tobacco-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

BRITISH AMERICAN TOBACCO BELGIUM from Dilbeek, company number BE0402018577, closed financial year 2025 with a result of € 7.1 million after tax. For that financial year BRITISH AMERICAN TOBACCO BELGIUM recorded revenue of € 1.1 billion and equity of € 76.9 million. Compared with financial year 2024, the result moved from € 14.8 million to € 7.1 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.

What it is worth Healthy

€ 76.9 million

▼ 2% vs 2024

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

Profit Healthy

€ 7.1 million

▼ 52% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Pays out

€ 8 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

90.2

▼ 2.6 vs 2024

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: € 48 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 18.1 million

▲ 13% vs 2024

€ 200,500 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

€ 208,598

▼ 24% 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

€ 38.6 million

▲ 242% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 13 days on average.

Taxes and wages

€ 216 million

▼ 37% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,038,583,431 Revenue 2022: € 1,038,583,431 First fiscal year in the series	€ 1,102,179,014 Revenue 2023: € 1,102,179,014 ▲ 6% vs 2022 (€ 1,038,583,431) Favourable step	€ 1,155,035,242 Revenue 2024: € 1,155,035,242 ▲ 5% vs 2023 (€ 1,102,179,014) Favourable step	€ 1,103,286,740 Revenue 2025: € 1,103,286,740 ▼ 4% vs 2024 (€ 1,155,035,242) Unfavourable step	▼ 4%
Profit after taxes	€ 8,042,960 Profit after taxes 2022: € 8,042,960 First fiscal year in the series	€ 14,396,126 Profit after taxes 2023: € 14,396,126 ▲ 79% vs 2022 (€ 8,042,960) Favourable step	€ 14,844,576 Profit after taxes 2024: € 14,844,576 ▲ 3% vs 2023 (€ 14,396,126) Favourable step	€ 7,106,951 Profit after taxes 2025: € 7,106,951 ▼ 52% vs 2024 (€ 14,844,576) Unfavourable step	▼ 52%
Equity	€ 401,314,913 Equity 2022: € 401,314,913 First fiscal year in the series	€ 77,373,539 Equity 2023: € 77,373,539 ▼ 81% vs 2022 (€ 401,314,913) Unfavourable step	€ 78,037,715 Equity 2024: € 78,037,715 ▲ 1% vs 2023 (€ 77,373,539) Favourable step	€ 76,863,866 Equity 2025: € 76,863,866 ▼ 2% vs 2024 (€ 78,037,715) Unfavourable step	▼ 2%
Total debts	€ 263,699,346 Total debts 2022: € 263,699,346 First fiscal year in the series	€ 633,304,491 Total debts 2023: € 633,304,491 ▲ 140% vs 2022 (€ 263,699,346) Unfavourable step	€ 367,464,013 Total debts 2024: € 367,464,013 ▼ 42% vs 2023 (€ 633,304,491) Favourable step	€ 262,980,209 Total debts 2025: € 262,980,209 ▼ 28% vs 2024 (€ 367,464,013) Favourable step	▼ 28%
Cash	€ 267,944 Cash 2022: € 267,944 First fiscal year in the series	€ 0 Cash 2023: € 0 ▼ 100% vs 2022 (€ 267,944) Unfavourable step	€ 0 Cash 2024: € 0 Unchanged (€ 0) Unchanged	-
Retained profit	€ 70,332,391 Retained profit 2022: € 70,332,391 First fiscal year in the series	€ 16,209,396 Retained profit 2023: € 16,209,396 ▼ 77% vs 2022 (€ 70,332,391) Unfavourable step	€ 16,873,572 Retained profit 2024: € 16,873,572 ▲ 4% vs 2023 (€ 16,209,396) Favourable step	€ 15,699,723 Retained profit 2025: € 15,699,723 ▼ 7% vs 2024 (€ 16,873,572) Unfavourable step	▼ 7%
Dividend	€ 7,000,000 Dividend 2022: € 7,000,000 First fiscal year in the series	€ 68,181,621 Dividend 2023: € 68,181,621 ▲ € 61.2 million vs 2022 (€ 7,000,000) Unchanged	€ 14,000,000 Dividend 2024: € 14,000,000 ▼ 79% vs 2023 (€ 68,181,621) Unchanged	€ 8,000,000 Dividend 2025: € 8,000,000 ▼ 43% vs 2024 (€ 14,000,000) Unchanged	▼ 43%
Balance sheet total	€ 673,749,422 Balance sheet total 2022: € 673,749,422 First fiscal year in the series	€ 724,455,243 Balance sheet total 2023: € 724,455,243 ▲ 8% vs 2022 (€ 673,749,422) Unchanged	€ 459,375,087 Balance sheet total 2024: € 459,375,087 ▼ 37% vs 2023 (€ 724,455,243) Unchanged	€ 352,924,300 Balance sheet total 2025: € 352,924,300 ▼ 23% vs 2024 (€ 459,375,087) Unchanged	▼ 23%
Employees (FTE)	92.9 Employees (FTE) 2022: 92.9 First fiscal year in the series	91.8 Employees (FTE) 2023: 91.8 ▼ 1.1 vs 2022 (92.9) Unchanged	92.8 Employees (FTE) 2024: 92.8 ▲ 1 vs 2023 (91.8) Unchanged	90.2 Employees (FTE) 2025: 90.2 ▼ 2.6 vs 2024 (92.8) Unchanged	▼ 2.6

Key figures of BRITISH AMERICAN TOBACCO 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 BRITISH AMERICAN TOBACCO BELGIUM?

What happened at BRITISH AMERICAN TOBACCO BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Thomas DAENENS stepped down as director. NBB
2027 Christophe MICHELET stepped down as director. NBB
Jun 10, 2026 New annual accounts for financial year 2025: profit of € 7.1 million (▼ 52% vs 2024). Source: NBB ↗
2024 Christophe MICHELET became a director. NBB
Mar 29, 2022 New establishment in Brussel. KBO
2018 Thomas DAENENS became a director. NBB
Mar 15, 1929 Start of the company according to the CBE. KBO
Mar 1, 1929 New establishment in Dilbeek. KBO

In short

From € 8 million profit in 2022 to € 7.1 million profit in 2025.

Paid € 23.5 million in corporate taxes since 2022.

Best year ever: 2024, with € 14.8 million profit.

Paid out € 97.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at BRITISH AMERICAN TOBACCO BELGIUM? We notify you, reason included.

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My folder 3 companies

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%

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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

Real filings at the National Bank

Management

Weston Investment Company Ltd 100%

British American Tobacco (Investments) Ltd 0%

BRITISH AMERICAN TOBACCO BELGIUM

The shares are held by Weston Investment Company Ltd (100%) and British American Tobacco (Investments) Ltd (0%).

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Directors

According to the 2025 annual accounts

Thomas DAENENS

Director

since 2018 · until 2027

Christophe MICHELET

Director

since 2024 · until 2027

Shareholders

Weston Investment Company Ltd

100%

British American Tobacco (Investments) Ltd

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwe Gentsesteenweg 21

1702 Dilbeek

2.329.496.768

Aarlenstraat 80

1040 Brussel

Active since 29 March 2022

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered 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: 0402.018.577
VAT number: BE 0402.018.577
Registered office: Nieuwe Gentsesteenweg 21, 1702 Dilbeek
Names & denominations: BRITISH AMERICAN TOBACCO BELGIUM
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 15 March 1929
Peppol: Active · Active since 1 Jan 2026
Activities · NACE: Vervaardiging van tabaksproducten

View on CBE Public ↗ Annual accounts (NBB) ↗