Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
97 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
The European Petrochemical Association from Etterbeek, company number BE0408299922, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year The European Petrochemical Association recorded a gross margin of € 2.7 million and equity of € 11 million. Compared with financial year 2024, the result moved from € 2.2 million to € 1.3 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 August 21, 2026.
€ 11 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 774,131
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
7.8
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 25% vs 2024
€ 171,300 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.
€ 6,601
▲ 12% 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.
€ 157,700
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 363,942
▲ 87% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,430,478 | € 3,461,054 | € 3,547,490 | € 2,691,126 | ▼ 24% |
| Profit after taxes | € 1,975,166 | € 1,952,236 | € 2,245,458 | € 1,262,415 | ▼ 44% |
| Equity | € 5,581,603 | € 7,533,839 | € 9,779,297 | € 11,041,713 | ▲ 13% |
| Total debts | € 1,504,293 | € 1,530,136 | € 442,904 | € 521,642 | ▲ 18% |
| Cash | € 4,699,456 | € 3,477,503 | € 1,236,875 | € 774,131 | ▼ 37% |
| Retained profit | € 5,581,603 | € 7,533,839 | € 9,779,297 | € 11,041,713 | ▲ 13% |
| Balance sheet total | € 7,159,896 | € 9,068,889 | € 10,284,069 | € 11,563,354 | ▲ 12% |
| Employees (FTE) | 8.6 | 7.6 | 6.3 | 7.8 | ▲ 1.5 |
Key figures of The European Petrochemical Association, 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 The European Petrochemical Association?
What happened at The European Petrochemical Association in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Francisco Javier Cros Herrero stepped down as director. NBB
- Thomas Van de Velde stepped down as director. NBB
- David O’Connell stepped down as director. NBB
- Luca Casagrandi stepped down as director. NBB
- Marta Galán González stepped down as director. NBB
- Heidi Grön stepped down as director. NBB
- Ketan Joshi stepped down as director. NBB
- Ronald Van Klaveren stepped down as director. NBB
In short
From € 2 million profit in 2022 to € 1.3 million profit in 2025.
Best year ever: 2024, with € 2.2 million profit.
On average € 345,000 of value added per employee in 2025.
A new publication or filing at The European Petrochemical Association? We notify you, reason included.
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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
Francisco Javier Cros Herrero
Director
since 2025 · until 2029
Johan Devos
Director
since 2024 · until 2027
Niels Bouwhuis
Director
since 2024 · until 2028
Aurore Nizot
Director
since 2023 · until 2027
John McNally
Director
since 2024 · until 2025
Thomas Van de Velde
Director
Also active at: BOREALIS KALLO, BOREALIS POLYMERS, BOREALIS ANTWERPEN, Renasci
since 2023 · until 2029
Francesco De Francesco
Director
since 2024 · until 2025
Mariusz Bogacki
Director
since 2024 · until 2027
Andreas Woschek
Director
since 2025 · until 2028
David O’Connell
Director
since 2026 · until 2029
Luca Casagrandi
Director
since 2025 · until 2029
Lauren Kjeldsen
Director
since 2023 · until 2025
Mark Williams
Director
since 2024 · until 2027
Ariane Giraud
Director
since 2024 · until 2028
Cathy Budd
Director
since 2023 · until 2025
Marta Galán González
Director
since 2025 · until 2029
Pilar Fernández Molinero
Director
since 2024 · until 2025
Heidi Grön
Director
since 2025 · until 2029
Ketan Joshi
Director
since 2023 · until 2029
Richard Roudeix
Director
since 2020 · until 2026
Timo Spaninks
Director
since 2024 · until 2027
Ronald Van Klaveren
Director
since 2026 · until 2029
Christian Kohlpaintner
Director
since 2024 · until 2026
Frédéric Vartican
Director
since 2022 · until 2029
Ahmed El Zawahry
Director
since 2025 · until 2029
Establishments
Establishment units
Physical locations of this company
Belliardstraat 40 box 4
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 97 companies are registered at this address.
All companies at this address →ASSOCIATION EUROPEENNE DU CHARBON ET DU LIGNITE
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€ 4.4 million revenue · 2025
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€ 4.2 million revenue · 2025
Plastics Europe
CENTRE EUROPEEN D'ECOTOXICOLOGIE ET DE TOXICOLOGIE DES PRODUITS CHIMIQUES - EUROPEAN CENTRE FOR ECOTOXICOLOGYAND TOXICOLOGY OF CHEMICALS
€ 858,238 gross margin · 2025
+92 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0408.299.922
- VAT number
- BE 0408.299.922
- Registered office
- Belliardstraat 40 bus 4, 1040 Etterbeek
- Names & denominations
- The European Petrochemical Association
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 27 December 1968
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Bedrijfs- en werkgeversorganisaties
Activiteiten van bedrijfs- en werkgeversorganisaties
Organisatie van congressen en beurzen
Marktonderzoekbureaus
Markt- en opinieonderzoek