Financials
Financial year 2024
Worth noting
- Little cash and receivables against the short-term debts.
Revenue
€ 288.9 million
▲ 17% vs 2023
Profit
Growing€ 5.5 million
▲ 57% vs 2023
Debts
High€ 119.8 million
▲ 22% vs 2023
EFICO from Antwerpen, company number BE0431096011, closed financial year 2024 with a result of € 5.5 million after tax. For that financial year EFICO recorded revenue of € 288.9 million and equity of € 19 million. Compared with financial year 2023, the result moved from € 3.5 million to € 5.5 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2025.
What happened at EFICO?
What happened at EFICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philip Van gestel BV stepped down as director. NBB
- Michel Germanès stepped down as director. NBB
- Verpico BV stepped down as director. NBB
- S4K NV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 5.5 million (▲ 57% vs 2023). Source: NBB ↗
- Philip Van gestel BV became a director. NBB
- Michel Germanès became a director. NBB
- Verpico BV became a director. NBB
In short
From € 4.2 million profit in 2021 to € 5.5 million profit in 2024.
Paid € 5.6 million in corporate taxes since 2021.
Best year ever: 2024, with € 5.5 million profit.
Paid out € 7.5 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
It owns 100% of EFICO USA LLC, 100% of PORRENTRUY FINANCE SA, 100% of EFICO SA, 100% of EFICO IBERIA SL, 100% of EFICO GmbH and 100% of OFFICECO NV itself.
Directors
According to the 2024 annual accounts
Director · represented by Philip Van gestel
Also active at: NOORD NATIE TERMINALS, International Distribution Partners, ANTWERP FOR STORAGE +7 more
since 2025 · until 2027
Michel Germanès
Managing director
since 2025 · until 2027
Director · represented by Pierre Vercruysse
Also active at: NOORD NATIE TERMINALS, International Distribution Partners, ANTWERP FOR STORAGE +5 more
since 2025 · until 2027
Director · represented by Kim De Greef
Also active at: Officeco, NOORD NATIE BEHEER, Polybotes +1 more
since 2022 · until 2025
Director · represented by Steven Clerckx
Also active at: Thico Group, NOORD NATIE TERMINALS, ANTWERP FOR STORAGE +4 more
since 2025 · until 2027
Establishments
Establishment units
Physical locations of this company
Italiëlei 181
2000 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
Details
- Company number
- 0431.096.011
- VAT number
- BE 0431.096.011
- Registered office
- Italiëlei 181, 2000 Antwerpen
- Names & denominations
- EFICO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 1987
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Groothandel in koffie, thee, cacao en specerijen