Financials
Financial year 2025
SQM EUROPE from Antwerpen, company number BE0404760808, closed financial year 2025 with a result of € 26.3 million after tax. For that financial year SQM EUROPE recorded revenue of € 881.2 million and equity of € 417.5 million. Compared with financial year 2024, the result moved from € 42.7 million to € 26.3 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 June 4, 2026.
€ 417.5 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26.3 million
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 745,666
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 400.5 million.
People and assets in 2025
64.7
▼ 8.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 13.5 million
▲ 2% vs 2024
€ 209,100 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.
€ 272,632
▼ 28% 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.
€ 84.2 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 4.1 million
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,359,156,696 | € 2,480,727,266 | € 1,229,115,559 | € 881,173,721 | ▼ 28% |
| Profit after taxes | € 168,736,557 | € 68,771,473 | € 42,711,147 | € 26,326,039 | ▼ 38% |
| Equity | € 261,110,445 | € 348,438,780 | € 391,149,927 | € 417,475,967 | ▲ 7% |
| Total debts | € 1,296,432,825 | € 507,635,838 | € 108,750,144 | € 89,118,015 | ▼ 18% |
| Cash | € 1,336,022 | € 466,816 | € 943,740 | € 745,666 | ▼ 21% |
| Retained profit | € 246,514,891 | € 331,433,813 | € 374,144,961 | € 400,471,000 | ▲ 7% |
| Balance sheet total | € 1,557,543,271 | € 856,074,618 | € 499,900,072 | € 506,593,981 | ▲ 1% |
| Employees (FTE) | 32.2 | 52 | 72.9 | 64.7 | ▼ 8.2 |
Key figures of SQM EUROPE, 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 SQM EUROPE?
What happened at SQM EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc Goetschalckx stepped down as director. NBB
- Gerardo ILLANES stepped down as director. NBB
- Pablo ALTIMIRAS stepped down as director. NBB
- Gonzalo AGUIRRE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 26.3 million (▼ 38% vs 2024). Source: NBB ↗
- Kristiaan VAN DEN BRUEL stepped down as director. NBB
- Erik BORGHIJS stepped down as director. NBB
- Ricardo RAMOS stepped down as director. NBB
In short
From € 168.7 million profit in 2022 to € 26.3 million profit in 2025.
Paid € 103.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 168.7 million profit.
Pays suppliers within 37 days on average.
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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
Directors
According to the 2025 annual accounts
Kristiaan VAN DEN BRUEL
Director
since 2021 · until 2026
Erik BORGHIJS
Director
since 2021 · until 2025
Gerardo ILLANES
Director
since 2016 · until 2029
Pablo ALTIMIRAS
Director
since 2019 · until 2029
Ricardo RAMOS
Director
since 2008 · until 2025
Gonzalo AGUIRRE
Director
since 2019 · until 2029
Marc Goetschalckx
Director
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Houtdok-Noordkaai 25a
2030 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0404.760.808
- VAT number
- BE 0404.760.808
- Registered office
- Houtdok-Noordkaai 25a, 2030 Antwerpen
- Names & denominations
- SQM EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 1933
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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