Financials
Financial year 2024
Belgo American Oil Storage from Schoten, company number BE0403722908, closed financial year 2024 with a result of € 430,752 after tax. For that financial year Belgo American Oil Storage recorded a gross margin of € 1.7 million and equity of € 3.7 million. Compared with financial year 2023, the result moved from € 296,661 to € 430,752. 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 28, 2025.
€ 3.7 million
▲ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 430,752
▲ 45% vs 2023
Profit after tax over the fiscal year.
€ 770,031
▲ 24% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 3.4 million.
People and assets in 2024
8
▼ 1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 495,477
▲ 9% vs 2023
€ 61,900 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.
€ 140,054
▼ 12% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 7,757
▼ 68% vs 2023
Loans from banks and other lenders, long and short.
€ 763,321
▼ 38% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 501,987
▲ 282% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 867,799 | € 855,343 | € 989,434 | € 1,721,380 | ▲ 74% |
| Profit after taxes | € 237,233 | € 233,796 | € 296,661 | € 430,752 | ▲ 45% |
| Equity | € 2,691,393 | € 2,925,189 | € 3,221,850 | € 3,652,602 | ▲ 13% |
| Total debts | € 1,409,390 | € 2,251,943 | € 1,377,822 | € 1,273,065 | ▼ 8% |
| Cash | € 660,194 | € 562,500 | € 621,909 | € 770,031 | ▲ 24% |
| Land & buildings | € 991,292 | € 1,068,017 | € 1,020,210 | € 972,403 | ▼ 5% |
| Retained profit | € 2,476,393 | € 2,710,189 | € 3,006,850 | € 3,437,602 | ▲ 14% |
| Bank debt | € 138,831 | € 136,272 | € 23,880 | € 7,757 | ▼ 68% |
| Balance sheet total | € 4,100,782 | € 5,177,132 | € 4,599,672 | € 4,925,667 | ▲ 7% |
| Employees (FTE) | 7 | 7 | 9 | 8 | ▼ 1 |
Key figures of Belgo American Oil Storage, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Belgo American Oil Storage?
What happened at Belgo American Oil Storage in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 430,752 (▲ 45% vs 2023). filed late Source: NBB ↗
- New establishment in Schoten. KBO
- Start of the company according to the CBE. KBO
In short
From € 237,233 profit in 2021 to € 430,752 profit in 2024.
Paid € 403,266 in corporate taxes since 2021.
Best year ever: 2024, with € 430,752 profit.
On average € 215,200 of value added per employee in 2024.
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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
Behind Belgo American Oil Storage are Tom Verhoeven, Jan VERHOEVEN, Tim Verhoeven and Marcel VERHOEVEN.
Directors
According to the 2024 annual accounts
Tom Verhoeven
Director
Jan VERHOEVEN
Director
Tim Verhoeven
Director
Marcel VERHOEVEN
Managing director
Establishments
Establishment units
Physical locations of this company
Wijnegembaan 6
2900 Schoten
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Domain
Domain
belcomotoroil.com
Registered
2003-10-28
Registrar
Key-Systems GmbH
Expires
2027-10-28
Website info
Features
Security
Details
- Company number
- 0403.722.908
- VAT number
- BE 0403.722.908
- Registered office
- Wijnegembaan 6, 2900 Schoten
- Names & denominations
- Belgo American Oil Storage
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 1968
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- belcomotoroil.com
- Activities · NACE
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