Financials
Financial year 2024
STAR OIL from Wetteren, company number BE0418469975, closed financial year 2024 with a result of € 773,693 after tax. For that financial year STAR OIL recorded a gross margin of € 2.1 million and equity of € 2.7 million. Compared with financial year 2023, the result moved from € 314,209 to € 773,693. Profitable, and profit is growing. 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 29, 2025.
€ 2.7 million
▲ 24% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 773,693
▲ 146% vs 2023
Profit after tax over the fiscal year.
€ 199,505
▲ 17% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
32 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
10.6
▼ 0.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 854,622
▲ 2% vs 2023
€ 80,600 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.
€ 123,298
▼ 3% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 217,841
▼ 50% vs 2023
€ 136,140 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.9 million
▼ 41% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 220,924
▼ 22% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,327,144 | € 1,847,155 | € 1,811,133 | € 2,078,053 | ▲ 15% |
| Profit after taxes | € 153,088 | € 339,809 | € 314,209 | € 773,693 | ▲ 146% |
| Equity | € 1,544,755 | € 1,884,564 | € 2,198,772 | € 2,722,465 | ▲ 24% |
| Total debts | € 5,283,864 | € 6,019,280 | € 4,140,135 | € 2,755,388 | ▼ 33% |
| Cash | € 216,265 | € 629,587 | € 170,063 | € 199,505 | ▲ 17% |
| Land & buildings | € 26,196 | € 38,162 | € 29,435 | € 23,615 | ▼ 20% |
| Retained profit | € 1,519,755 | € 1,859,564 | € 2,173,772 | € 2,697,465 | ▲ 24% |
| Dividend | € 0 | € 0 | € 0 | € 250,000 | |
| Bank debt | € 1,506,287 | € 1,273,978 | € 438,883 | € 217,841 | ▼ 50% |
| Balance sheet total | € 6,828,619 | € 7,903,844 | € 6,338,907 | € 5,477,854 | ▼ 14% |
| Employees (FTE) | 11.3 | 10.8 | 11.3 | 10.6 | ▼ 0.7 |
Key figures of STAR OIL, 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 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 2024: profit of € 773,693 (▲ 146% vs 2023). 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 € 153,088 profit in 2021 to € 773,693 profit in 2024.
Paid € 591,098 in corporate taxes since 2021.
Best year ever: 2024, with € 773,693 profit.
On average € 196,000 of value added per employee in 2024.
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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
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 2024 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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