Financials
Financial year 2025
Belgomazout from Antwerpen, company number BE0404565224, closed financial year 2025 with a result of € 823,369 after tax. For that financial year Belgomazout recorded revenue of € 44.5 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 737,259 to € 823,369. 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 January 26, 2026.
€ 2.1 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 823,369
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 600,000 paid out
73 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 197,369
▲ 15% vs 2024
€ 98,700 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.
€ 151,771
▼ 26% 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.
€ 2.4 million
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 20 days on average.
€ 29,901
▲ 50% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 55,535,581 | € 61,093,455 | € 53,528,041 | € 44,542,091 | ▼ 17% |
| Profit after taxes | € 298,663 | € 363,123 | € 737,259 | € 823,369 | ▲ 12% |
| Equity | € 2,680,573 | € 1,793,695 | € 1,830,954 | € 2,054,323 | ▲ 12% |
| Total debts | € 2,825,970 | € 3,831,213 | € 2,668,837 | € 2,998,001 | ▲ 12% |
| Cash | € 1,895,863 | € 838,532 | € 1,313,479 | € 1,404,616 | ▲ 7% |
| Land & buildings | € 14,871 | € 14,871 | € 14,871 | € 14,871 | |
| Retained profit | € 1,441,105 | € 554,228 | € 591,487 | € 814,856 | ▲ 38% |
| Dividend | € 300,000 | € 1,250,000 | € 700,000 | € 600,000 | ▼ 14% |
| Balance sheet total | € 5,506,543 | € 5,624,908 | € 4,499,792 | € 5,177,325 | ▲ 15% |
| Employees (FTE) | 4.3 | 2.9 | 2 | 2 |
Key figures of Belgomazout, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Belgomazout?
What happened at Belgomazout in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ANN GILLIS stepped down as director. NBB
- FILIP ENGELEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 823,369 (▲ 12% vs 2024). Source: NBB ↗
- ANN GILLIS became a director. NBB
- FILIP ENGELEN became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 298,663 profit in 2022 to € 823,369 profit in 2025.
Paid € 212,800 in corporate taxes since 2022.
Best year ever: 2025, with € 823,369 profit.
Paid out € 2.9 million in dividends to the owners in total.
Management
The stake of INDUSTRIAL FUEL TECHNOLOGY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BelgomazoutThe shares are held by INDUSTRIAL FUEL TECHNOLOGY (34.2%). It owns 50% of Liège Tank Storage, 31% of AVIA België Luxemburg and 10% of Alca Petroleum Company itself.
Directors
According to the 2025 annual accounts
ANN GILLIS
Director
Also active at: Alca Petroleum Company, Avia Belgie-Luxemburg, EVERVELD, EIGHTY - NINE, MIDEASTCO, PALLAS BELGIUM, ROODSTOP SERVICES, LIEGE TANK STORAGE +1 more
since 2022 · until 2028
FILIP ENGELEN
Managing director
Also active at: Etablissementen Désiré Van Riet, Alca Petroleum Company, BELGOMINE, Avia Belgie-Luxemburg, TRANSPORT LAMBIN, TRANSLUB, EVERVELD, EIGHTY - NINE +10 more
since 2022 · until 2028
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
D'Herbouvillekaai 100
2020 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0404.565.224
- VAT number
- BE 0404.565.224
- Registered office
- D'Herbouvillekaai 100, 2020 Antwerpen
- Names & denominations
- Belgomazout
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1947
- Peppol
- Active · Active since 8 Jul 2026
- Activities · NACE
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten