Financials
Financial year 2026
Kaneka Belgium from Westerlo, company number BE0407633194, closed financial year 2026 with a result of € 20.7 million after tax. For that financial year Kaneka Belgium recorded revenue of € 335.1 million and equity of € 257.8 million. Compared with financial year 2025, the result moved from € 22.5 million to € 20.7 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 August 6, 2026.
€ 257.8 million
▲ 4% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20.7 million
▼ 8% vs 2025
Profit after tax over the fiscal year.
€ 2.6 million
▲ 16% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 10.3 million paid out
50 % of the profit went to the shareholders, mostly to Kaneka Europe Holding Company nv (90 % of the shares). That is where the money ends up.
People and assets in 2026
323.8
▼ 1.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 46.4 million
▼ 3% vs 2025
€ 143,300 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.
€ 603,589
▲ 17% 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.
€ 25.8 million
▲ 2% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 15.6 million
▲ 47% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 396,540,360 | € 369,080,009 | € 378,308,036 | € 335,124,033 | ▼ 11% |
| Profit after taxes | € 18,720,225 | € 28,014,229 | € 22,509,126 | € 20,657,593 | ▼ 8% |
| Equity | € 222,267,582 | € 236,254,869 | € 247,489,606 | € 257,798,575 | ▲ 4% |
| Total debts | € 48,860,719 | € 72,611,187 | € 78,661,701 | € 49,914,996 | ▼ 37% |
| Cash | € 1,366,622 | € 1,926,525 | € 2,274,594 | € 2,646,671 | ▲ 16% |
| Land & buildings | € 25,829,131 | € 26,149,782 | € 34,663,799 | € 33,157,712 | ▼ 4% |
| Retained profit | € 198,441,654 | € 212,448,769 | € 223,703,333 | € 234,032,130 | ▲ 5% |
| Dividend | € 9,360,112 | € 14,007,114 | € 11,254,562 | € 10,328,796 | ▼ 8% |
| Balance sheet total | € 271,581,520 | € 308,985,265 | € 326,275,813 | € 307,748,403 | ▼ 6% |
| Employees (FTE) | 312.9 | 318.5 | 325.2 | 323.8 | ▼ 1.4 |
Key figures of Kaneka Belgium, 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 Kaneka Belgium?
What happened at Kaneka Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean Vandael stepped down as director. NBB
- Olivier Renson stepped down as director. NBB
- Mizuho Shinkai stepped down as director. NBB
- Koichi Yamanaka stepped down as director. NBB
- Kan Okabe stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 20.7 million (▼ 8% vs 2025). Source: NBB ↗
- Mizuho Shinkai became a director. NBB
- Olivier Renson became a director. NBB
In short
From € 18.7 million profit in 2023 to € 20.7 million profit in 2026.
Paid € 24.8 million in corporate taxes since 2023.
Best year ever: 2024, with € 28 million profit.
Paid out € 45 million in dividends to the owners in total.
Management
The shares are held by Kaneka Europe Holding Company nv (90%) and Mitsui & Co. Benelux (10%). It owns 100% of Kaneka Modifier Deutschland GmbH itself.
Directors
According to the 2026 annual accounts
Jean Vandael
Director
Also active at: Voka - Kamer van koophandel Mechelen-Kempen, Kaneka Europe Holding Company
since 2022 · until 2028
Olivier Renson
Director
since 2023 · until 2028
Mizuho Shinkai
Director
since 2024 · until 2028
Koichi Yamanaka
Director
since 2022 · until 2028
since 2022 · until 2028
Shareholders
Participations
Kaneka Modifier Deutschland GmbH
100%
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 16
2260 Westerlo
Lenneke Marelaan 4
1932 Zaventem
Active since 1 December 1970
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
- 0407.633.194
- VAT number
- BE 0407.633.194
- Registered office
- Nijverheidsstraat 16, 2260 Westerlo
- Names & denominations
- Kaneka Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 1970
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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