Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2021; threshold 65 %.
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Annual account missing NBB
Fiscal year 2022 was expected before 31 July 2023 and has not been filed.
Financials
Financial year 2021
ALBEMARLE EUROPE from Ottignies-Louvain-la-Neuve, company number BE0403062021, closed financial year 2021 with a result of € 44.5 million after tax. For that financial year ALBEMARLE EUROPE recorded revenue of € 572.4 million and equity of € 1.1 billion. Compared with financial year 2020, the result moved from € -191.7 million to € 44.5 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 October 5, 2022.
€ 1.1 billion
▲ 4% vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44.5 million
▲ still € 191.7 million loss in 2020
Profit after tax over the fiscal year.
€ 226,484
▼ 92% vs 2020
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2021. Retained profit grew to € -76.4 million.
People and assets in 2021
19.6
▼ 15.7 vs 2020
Average over the fiscal year, from the social balance sheet.
€ 5.6 million
▼ 20% vs 2020
€ 287,900 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.
€ 338,101
▼ 34% vs 2020
Book value of vehicles, furniture and equipment.
Debts at end 2021
None
No bank loans on the last day of the fiscal year.
€ 203.2 million
▲ 42% vs 2020
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 137 days on average.
€ 971,871
▼ 86% vs 2020
Taxes, VAT and social contributions still to pay.
| 2020 | 2021 | Change 2020 → 2021 | |
|---|---|---|---|
| Revenue | € 565,507,295 | € 572,393,745 | ▲ 1% |
| Profit after taxes | € -191,720,224 | € 44,471,990 | ▲ € 236.2 million |
| Equity | € 1,073,244,308 | € 1,117,716,298 | ▲ 4% |
| Total debts | € 373,457,924 | € 364,910,762 | ▼ 2% |
| Cash | € 2,774,097 | € 226,484 | ▼ 92% |
| Land & buildings | € 899,248 | € 792,598 | ▼ 12% |
| Retained profit | € -120,918,578 | € -76,446,589 | ▲ € 44.5 million |
| Balance sheet total | € 1,446,702,232 | € 1,482,627,060 | ▲ 2% |
| Employees (FTE) | 35.3 | 19.6 | ▼ 15.7 |
Key figures of ALBEMARLE EUROPE, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.
What happened to ALBEMARLE EUROPE?
What happened at ALBEMARLE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2021: profit of € 44.5 million. filed late Source: NBB ↗
- Theo MOONS became a director. NBB
- ISABELLE FRANCHETEAU stepped down as director. NBB
- NICOLAS ROESSLER became a director. NBB
- KAREN NARWOLD became a director. NBB
- ISABELLE FRANCHETEAU became a director. NBB
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- New establishment in Seneffe. KBO
In short
From € 191.7 million loss in 2020 to € 44.5 million profit in 2021.
Paid € 12.7 million in corporate taxes since 2020.
Best year ever: 2021, with € 44.5 million profit.
Pays suppliers within 137 days on average.
Management
Behind ALBEMARLE EUROPE are NICOLAS ROESSLER, Theo MOONS and KAREN NARWOLD. It owns 100% of ALBERMARLE NETHERLANDS BV, 100% of ALBERMARLE CHEMICALS LTD S ETR and 99.9% of ALBEMARLE CHEMICALS PRIVATE LIMITED itself.
Directors
According to the 2021 annual accounts
NICOLAS ROESSLER
Director
since 2020
Theo MOONS
Director
since 2021
KAREN NARWOLD
Director
since 2020
ISABELLE FRANCHETEAU
Director
since 2018 · until 2021
Establishments
Establishment units
Physical locations of this company
Rue du Bosquet 9
1348 Ottignies-Louvain-la-Neuve
Paul Lautersstraat 1
1000 Brussel
Active since 1 May 1964
Parc Industriel de Feluy sn
7181 Seneffe
Active since 15 October 1976
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.062.021
- VAT number
- BE 0403.062.021
- Registered office
- Rue du Bosquet 9, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- ALBEMARLE EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 1964
- Peppol
- Active · Active since 26 Feb 2026
- Activities · NACE
Groothandel in chemische producten voor industrieel gebruik
Groothandel in chemische producten