Financials
Financial year 2025
STAR OIL from Wetteren, company number BE0418469975, closed financial year 2025 with a result of € 542,242 after tax. For that financial year STAR OIL recorded a gross margin of € 1.9 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 773,693 to € 542,242. 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 September 27, 2026.
€ 3.1 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 542,242
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 394,410
▲ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
28 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
10.3
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 836,645
▼ 2% vs 2024
€ 81,200 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.
€ 125,234
▲ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 81,693
▼ 62% vs 2024
Loans from banks and other lenders, long and short.
€ 1.9 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 274,223
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,847,155 | € 1,811,133 | € 2,078,053 | € 1,860,284 | ▼ 10% |
| Profit after taxes | € 339,809 | € 314,209 | € 773,693 | € 542,242 | ▼ 30% |
| Equity | € 1,884,564 | € 2,198,772 | € 2,722,465 | € 3,114,707 | ▲ 14% |
| Total debts | € 6,019,280 | € 4,140,135 | € 2,755,388 | € 2,481,019 | ▼ 10% |
| Cash | € 629,587 | € 170,063 | € 199,505 | € 394,410 | ▲ 98% |
| Land & buildings | € 38,162 | € 29,435 | € 23,615 | € 17,794 | ▼ 25% |
| Retained profit | € 1,859,564 | € 2,173,772 | € 2,697,465 | € 3,089,707 | ▲ 15% |
| Dividend | € 0 | € 0 | € 250,000 | € 150,000 | ▼ 40% |
| Bank debt | € 1,273,978 | € 438,883 | € 217,841 | € 81,693 | ▼ 62% |
| Balance sheet total | € 7,903,844 | € 6,338,907 | € 5,477,854 | € 5,607,226 | ▲ 2% |
| Employees (FTE) | 10.8 | 11.3 | 10.6 | 10.3 | ▼ 0.3 |
Key figures of STAR OIL, 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 STAR OIL?
What happened at STAR OIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 542,242 (▼ 30% vs 2024). filed late Source: NBB ↗
- New establishment in Oosterzele. KBO
- Gaëtan KERVIJN d'OUD MOOREGHEM became a director. NBB
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 339,809 profit in 2022 to € 542,242 profit in 2025.
Paid € 706,251 in corporate taxes since 2022.
Best year ever: 2024, with € 773,693 profit.
On average € 180,600 of value added per employee in 2025.
Management
Behind STAR OIL is Gaëtan KERVIJN d'OUD MOOREGHEM. Gaëtan KERVIJN d'OUD MOOREGHEM is also behind Nijverheidsoliën Fr. Wynants and BEKAERT J..
Directors
According to the 2025 annual accounts
Gaëtan KERVIJN d'OUD MOOREGHEM
Administrator-manager
Also active at: Nijverheidsoliën Fr. Wynants, BEKAERT J.
since 2006
Establishments
Establishment units
Physical locations of this company
Zuidlaan 153
9230 Wetteren
Korte Ambachtstraat 8
9860 Oosterzele
Active since 1 July 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Mail.com
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0418.469.975
- VAT number
- BE 0418.469.975
- Registered office
- Zuidlaan 153, 9230 Wetteren
- Names & denominations
- STAR OIL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 1978
- Peppol
- Active · Active since 14 Oct 2025
- Contact
- vanhecke-brandstoffen.be 09 362 51 46
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