Financials
Financial year 2025
AVISTA OIL from Ingelmunster, company number BE0422775389, closed financial year 2025 with a result of € 364,433 after tax. For that financial year AVISTA OIL recorded a gross margin of € 2.2 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 71,494 to € 364,433. 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 June 12, 2026.
€ 2.4 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 364,433
▲ € 292,938 vs 2024
Profit after tax over the fiscal year.
€ 804,624
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 185,000 paid out
51 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
14
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 5% vs 2024
€ 97,800 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.
€ 687,371
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 887,359
▲ 90% vs 2024
€ 221,472 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 328,891
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 147,827
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,916,620 | € 1,989,778 | € 1,821,623 | € 2,205,703 | ▲ 21% |
| Profit after taxes | € 529,869 | € 385,954 | € 71,494 | € 364,433 | ▲ € 292,938 |
| Equity | € 1,966,752 | € 2,102,706 | € 2,174,200 | € 2,353,633 | ▲ 8% |
| Total debts | € 1,136,141 | € 1,514,170 | € 1,013,967 | € 1,569,352 | ▲ 55% |
| Cash | € 699,587 | € 636,378 | € 652,488 | € 804,624 | ▲ 23% |
| Land & buildings | € 416,931 | € 480,719 | € 475,934 | € 470,226 | ▼ 1% |
| Retained profit | € 1,891,752 | € 2,027,706 | € 2,099,200 | € 2,278,633 | ▲ 9% |
| Dividend | € 0 | € 250,000 | € 0 | € 185,000 | |
| Bank debt | € 725,059 | € 556,624 | € 467,500 | € 887,359 | ▲ 90% |
| Balance sheet total | € 3,111,137 | € 3,664,979 | € 3,210,002 | € 3,955,312 | ▲ 23% |
| Employees (FTE) | 11.3 | 13 | 14.5 | 14 | ▼ 0.5 |
Key figures of AVISTA 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 AVISTA OIL?
What happened at AVISTA OIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mario Majic stepped down as director. NBB
- HS Management Advisory BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 364,433 (▲ € 292,938 vs 2024). Source: NBB ↗
- Mario Majic became a director. NBB
- HS Management Advisory BV became a director. NBB
- Hatim Saïdi stepped down as director. NBB
- Marc Verfürth stepped down as director. NBB
- Hatim Saïdi became a director. NBB
In short
From € 529,869 profit in 2022 to € 364,433 profit in 2025.
Paid € 564,983 in corporate taxes since 2022.
Best year ever: 2022, with € 529,869 profit.
On average € 157,600 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Mario Majic
Director
since 2026 · until 2032
Marc Verfürth
Director
since 2024 · until 2025
Director · represented by Hatim Saïdi
since 2026 · until 2032
Hatim Saïdi
Director
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Meulebekestraat 145
8770 Ingelmunster
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
Microsoft 365
Hosting
HETZNER-AS, DE
Website info
Features
Security
Details
- Company number
- 0422.775.389
- VAT number
- BE 0422.775.389
- Registered office
- Meulebekestraat 145, 8770 Ingelmunster
- Names & denominations
- AVISTA OIL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 1982
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- avista-oil.be
- Activities · NACE
Terugwinning van materialen uit afval
Recycling van niet-metaalafval
Terugwinning van inerte afvalstoffen