Financials
Financial year 2026
SUMITOMO BAKELITE EUROPE from Genk, company number BE0403125169, closed financial year 2026 with a result of € 1.2 million after tax. For that financial year SUMITOMO BAKELITE EUROPE recorded revenue of € 73.8 million and equity of € 132.3 million. Compared with financial year 2025, the result moved from € 3 million to € 1.2 million. The company is profitable. 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 September 30, 2026.
€ 132.3 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 61% vs 2025
Profit after tax over the fiscal year.
€ 13.6 million
▲ 12% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 21.8 million.
People and assets in 2026
120.4
▼ 0.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 15.3 million
€ 127,000 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.
€ 31,936
▲ 44% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 6.4 million
▼ 4% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 3.7 million
▲ 6% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 129,765,005 | € 88,738,629 | € 85,069,063 | € 73,821,637 | ▼ 13% |
| Profit after taxes | € 1,398,761 | € 3,409,583 | € 3,044,405 | € 1,180,000 | ▼ 61% |
| Equity | € 124,340,739 | € 127,750,322 | € 131,087,480 | € 132,252,842 | ▲ 1% |
| Total debts | € 29,282,283 | € 17,710,003 | € 16,376,908 | € 16,325,702 | |
| Cash | € 7,793,613 | € 7,215,417 | € 12,177,811 | € 13,623,890 | ▲ 12% |
| Land & buildings | € 7,778,362 | € 7,044,345 | € 7,110,952 | € 7,378,175 | ▲ 4% |
| Retained profit | € 14,188,925 | € 17,598,508 | € 20,642,913 | € 21,822,913 | ▲ 6% |
| Bank debt | € 1,835,368 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 154,489,514 | € 145,827,329 | € 147,726,186 | € 150,334,395 | ▲ 2% |
| Employees (FTE) | 136.4 | 126.4 | 121 | 120.4 | ▼ 0.6 |
Key figures of SUMITOMO BAKELITE EUROPE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to SUMITOMO BAKELITE EUROPE?
What happened at SUMITOMO BAKELITE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Takashi Kobayashi stepped down as director. NBB
- Wim Boogaerts stepped down as director. NBB
- Pieter Vanderstraeten stepped down as director. NBB
- Toshihide Kanazawa stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 1.2 million (▼ 61% vs 2025). Source: NBB ↗
- Takashi Kobayashi became a director. NBB
- Wim Boogaerts became a director. NBB
- Pieter Vanderstraeten became a director. NBB
In short
From € 1.4 million profit in 2023 to € 1.2 million profit in 2026.
Paid € 3.9 million in corporate taxes since 2023.
Best year ever: 2024, with € 3.4 million profit.
Pays suppliers within 44 days on average.
Management
The shares are held by Sumitomo Bakelite Co Ltd. (100%). It owns 100% of Sumitomo Bakelite Europe Barcelona S.L., 90% of Sumitomo Bakelite Europe (Ghent) and 90% of SBE India PVT Ltd itself.
Directors
According to the 2026 annual accounts
Toshihide Kanazawa
Director
since 2022 · until 2028
Takashi Kobayashi
Director
since 2025 · until 2031
Wim Boogaerts
Director
since 2024 · until 2030
Pieter Vanderstraeten
Director
since 2024 · until 2030
Shareholders
Sumitomo Bakelite Co Ltd.
100%
Participations
Sumitomo Bakelite Europe Barcelona S.L.
100%
SBE India PVT Ltd
90%
Establishments
Establishment units
Physical locations of this company
Henry Fordlaan 80
3600 Genk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.125.169
- VAT number
- BE 0403.125.169
- Registered office
- Henry Fordlaan 80, 3600 Genk
- Names & denominations
- SUMITOMO BAKELITE EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1966
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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