What is the address of OLEON?

The registered office of OLEON is located at Assenedestraat 2, 9940 Evergem.

Is OLEON still active?

Yes. According to the CBE (29 October 2026) OLEON is active, legal situation “Normale toestand”, started on 19 March 1969.

Is OLEON registered on Peppol?

Yes, OLEON is registered on the Peppol network with ID 0208:0406414162.

What is the enterprise number of OLEON?

The enterprise number of OLEON is BE0406414162.

When was OLEON founded?

OLEON was founded on 19 March 1969.

Who are the directors of OLEON?

According to the 2024 annual accounts, the directors of OLEON are: Jean-Philippe Puig, Paul-Joël Derian, Moussa Naciri.

Is OLEON a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 March 1969; 3 annual accounts filed, latest fiscal year 2024; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did OLEON make in 2024?

OLEON posted a profit after taxes of € 14,486,610 in financial year 2024.

What is the revenue of OLEON?

In its most recent annual accounts (2024), OLEON reported revenue of € 713,436,501.

How much does an employee at OLEON earn?

The average wage cost per full-time employee at OLEON was € 138,500 in 2024: staff costs of € 79.1 million for 571 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does OLEON have?

According to the 2024 annual accounts, OLEON has 571 full-time equivalents (FTE).

OLEON (Public Limited) - Evergem - BE0406414162

Q: What does OLEON do?

OLEON is registered with the CBE as active in: Vervaardiging van overige organische chemische basisproducten. Public Limited, started on 19 March 1969, 2 establishments.

Dossier OLEON, printed on 29 October 2026 from databakkes.be/en/0406414162/oleon. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

OLEON from Evergem, company number BE0406414162, closed financial year 2024 with a result of € 14.5 million after tax. For that financial year OLEON recorded revenue of € 713.4 million and equity of € 233.9 million. Compared with financial year 2022, the result moved from € 82.9 million to € 14.5 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2025.

What it is worth Healthy

€ 233.9 million

▼ 1% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 14.5 million

▼ 83% vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 6.3 million

▲ 243% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 5 million paid out

35 % of the profit went to the shareholders, mostly to AVRIL PÔLE VEGETAL SAS (100 % of the shares). That is where the money ends up.

People and assets in 2024

Full-time equivalents

571

▲ 41.2 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 190.9 million in 2024, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 79.1 million

▲ 17% vs 2022

€ 138,500 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.

Vehicles and equipment

€ 1.4 million

▲ 18% vs 2022

Of which on lease € 234,368.

Debts at end 2024

Bank debt ≈ 4059 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 172.6 million

▲ 15% vs 2022

€ 42,513 is repaid this year. At this pace the long-term loan is gone in ≈ 4059 years.

Owed to suppliers

€ 163.5 million

▲ 9% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 90 days on average.

Taxes and wages

€ 15.7 million

▼ 18% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2024	Change 2022 → 2024
Revenue	€ 746,205,126 Revenue 2021: € 746,205,126 First fiscal year in the series	€ 1,023,653,483 Revenue 2022: € 1,023,653,483 ▲ 37% vs 2021 (€ 746,205,126) Favourable step	€ 713,436,501 Revenue 2024: € 713,436,501 ▼ 30% vs 2022 (€ 1,023,653,483) Unfavourable step	▼ 30%
Profit after taxes	€ 41,278,109 Profit after taxes 2021: € 41,278,109 First fiscal year in the series	€ 82,853,760 Profit after taxes 2022: € 82,853,760 ▲ 101% vs 2021 (€ 41,278,109) Favourable step	€ 14,486,610 Profit after taxes 2024: € 14,486,610 ▼ 83% vs 2022 (€ 82,853,760) Unfavourable step	▼ 83%
Equity	€ 203,729,745 Equity 2021: € 203,729,745 First fiscal year in the series	€ 236,062,209 Equity 2022: € 236,062,209 ▲ 16% vs 2021 (€ 203,729,745) Favourable step	€ 233,853,951 Equity 2024: € 233,853,951 ▼ 1% vs 2022 (€ 236,062,209) Unfavourable step	▼ 1%
Total debts	€ 221,238,904 Total debts 2021: € 221,238,904 First fiscal year in the series	€ 380,253,910 Total debts 2022: € 380,253,910 ▲ 72% vs 2021 (€ 221,238,904) Unfavourable step	€ 365,982,011 Total debts 2024: € 365,982,011 ▼ 4% vs 2022 (€ 380,253,910) Favourable step	▼ 4%
Cash	€ 1,310,356 Cash 2021: € 1,310,356 First fiscal year in the series	€ 1,840,043 Cash 2022: € 1,840,043 ▲ 40% vs 2021 (€ 1,310,356) Favourable step	€ 6,316,425 Cash 2024: € 6,316,425 ▲ 243% vs 2022 (€ 1,840,043) Favourable step	▲ 243%
Land & buildings	€ 10,183,415 Land & buildings 2021: € 10,183,415 First fiscal year in the series	€ 9,896,259 Land & buildings 2022: € 9,896,259 ▼ 3% vs 2021 (€ 10,183,415) Unchanged	€ 13,492,403 Land & buildings 2024: € 13,492,403 ▲ 36% vs 2022 (€ 9,896,259) Unchanged	▲ 36%
Retained profit	€ 96,881,550 Retained profit 2021: € 96,881,550 First fiscal year in the series	€ 128,198,257 Retained profit 2022: € 128,198,257 ▲ 32% vs 2021 (€ 96,881,550) Favourable step	€ 129,442,879 Retained profit 2024: € 129,442,879 ▲ 1% vs 2022 (€ 128,198,257) Favourable step	▲ 1%
Dividend	€ 24,763,752 Dividend 2021: € 24,763,752 First fiscal year in the series	€ 48,821,984 Dividend 2022: € 48,821,984 ▲ 97% vs 2021 (€ 24,763,752) Unchanged	€ 5,000,000 Dividend 2024: € 5,000,000 ▼ 90% vs 2022 (€ 48,821,984) Unchanged	▼ 90%
Bank debt	€ 30,369,232 Bank debt 2021: € 30,369,232 First fiscal year in the series	€ 150,329,908 Bank debt 2022: € 150,329,908 ▲ € 120 million vs 2021 (€ 30,369,232) Unfavourable step	€ 172,574,145 Bank debt 2024: € 172,574,145 ▲ 15% vs 2022 (€ 150,329,908) Unfavourable step	▲ 15%
Balance sheet total	€ 429,167,766 Balance sheet total 2021: € 429,167,766 First fiscal year in the series	€ 625,975,257 Balance sheet total 2022: € 625,975,257 ▲ 46% vs 2021 (€ 429,167,766) Unchanged	€ 602,461,134 Balance sheet total 2024: € 602,461,134 ▼ 4% vs 2022 (€ 625,975,257) Unchanged	▼ 4%
Employees (FTE)	512.6 Employees (FTE) 2021: 512.6 First fiscal year in the series	529.8 Employees (FTE) 2022: 529.8 ▲ 17.2 vs 2021 (512.6) Unchanged	571 Employees (FTE) 2024: 571 ▲ 41.2 vs 2022 (529.8) Unchanged	▲ 41.2

Key figures of OLEON, 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 OLEON?

What happened at OLEON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Jean-Philippe Puig stepped down as director. NBB
Jun 23, 2025 New annual accounts for financial year 2024: profit of € 14.5 million (▼ 83% vs 2022). Source: NBB ↗
2025 Paul-Joël Derian stepped down as director. NBB
2025 Moussa Naciri stepped down as director. NBB
2023 Jean-Philippe Puig became a director. NBB
2019 Paul-Joël Derian became a director. NBB
2019 Moussa Naciri became a director. NBB
Apr 3, 1991 New establishment in Evergem. KBO

In short

From € 41.3 million profit in 2021 to € 14.5 million profit in 2024.

Paid € 36.3 million in corporate taxes since 2021.

Best year ever: 2022, with € 82.9 million profit.

Paid out € 78.6 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

AVRIL PÔLE VEGETAL SAS 100%

OLEON

Oleon Americas Inc 100%

Oleon Port Klang SDN BHD 100%

Lecico GmbH 100%

Oleon SAS 100%

The shares are held by AVRIL PÔLE VEGETAL SAS (100%). It owns 100% of Oleon Americas Inc, 100% of Oleon Port Klang SDN BHD, 100% of Lecico GmbH, 100% of Oleon SAS, 100% of Oleon Sdn Bhd and 100% of Oleon GMBH itself.

Directors

According to the 2024 annual accounts

Jean-Philippe Puig

Director

since 2023 · until 2029

Paul-Joël Derian

Director

since 2019 · until 2025

Moussa Naciri

Managing director

since 2019 · until 2025

Shareholders

AVRIL PÔLE VEGETAL SAS

100%

Participations

Oleon Americas Inc

100%

Oleon Port Klang SDN BHD

100%

Lecico GmbH

100%

Oleon SAS

100%

Oleon Sdn Bhd

100%

Oleon GMBH

100%

Oleon China FTZ Co Ltd.

100%

Oleon China Co Ltd.

100%

Oleon Comércio de Oleoquímicos Ltda.

100%

Oleon (Asia-Pacific) SND BHD

100%

Oleon UK Limited

100%

Oleon Limited

100%

A. Azevedo Indústria e Comércio de Óleos S.A.

85%

Establishments

Establishment units

Physical locations of this company

Registered office

Assenedestraat 2

9940 Evergem

2.142.798.888

Vaartstraat 220

2520 Ranst

Active since 1 April 1969

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0406.414.162

VAT number

BE 0406.414.162

Registered office

Assenedestraat 2, 9940 Evergem

Names & denominations

OLEON

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 March 1969

Peppol

Active · Active since 23 Dec 2025

Activities · NACE

Vervaardiging van overige organische chemische basisproducten

Vervaardiging van andere organische chemische basisproducten

Vervaardiging van industriële gassen

View on CBE Public ↗ Annual accounts (NBB) ↗

OLEON

Financials

What happened to OLEON?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions