Financials
Financial year 2026
RAFFINERIE TIRLEMONTOISE from Tienen, company number BE0436410522, closed financial year 2026 with a result of € -42.5 million after tax. For that financial year RAFFINERIE TIRLEMONTOISE recorded revenue of € 367.9 million and equity of € 348.9 million. Compared with financial year 2025, the result moved from € 2 million to € -42.5 million. The company made a loss. The buffer shrank hard: equity is 53 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 348.9 million
▼ 53% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -42.5 million
▼ still € 2 million profit in 2025
Profit after tax over the fiscal year.
€ 468,646
▲ € 440,520 vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 255 million.
People and assets in 2026
545.3
▼ 10 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 56.5 million
€ 103,700 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.
€ 3.4 million
▼ 9% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 2.5 million
▼ 33% vs 2025
Loans from banks and other lenders, long and short.
€ 72.5 million
▼ 10% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 72 days on average.
€ 15.9 million
▼ 5% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 432,636,065 | € 544,076,569 | € 523,189,987 | € 367,927,622 | ▼ 30% |
| Profit after taxes | € 40,698,841 | € 59,399,583 | € 2,023,628 | € -42,500,596 | ▼ € 44.5 million |
| Equity | € 682,064,568 | € 741,903,317 | € 741,444,968 | € 348,894,371 | ▼ 53% |
| Total debts | € 238,361,193 | € 243,596,884 | € 142,366,024 | € 441,010,993 | ▲ 210% |
| Cash | € 1,375,726 | € 162,565 | € 28,125 | € 468,646 | ▲ € 440,520 |
| Land & buildings | € 27,989,861 | € 31,100,270 | € 37,125,188 | € 36,840,897 | ▼ 1% |
| Retained profit | € 239,033,117 | € 297,892,699 | € 297,484,350 | € 254,983,753 | ▼ 14% |
| Dividend | € 38,896,615 | € 540,000 | € 2,431,978 | € 350,000,000 | ▲ € 347.6 million |
| Bank debt | € 0 | € 0 | € 3,714,504 | € 2,490,963 | ▼ 33% |
| Balance sheet total | € 924,901,049 | € 989,279,752 | € 886,979,742 | € 795,369,706 | ▼ 10% |
| Employees (FTE) | 553.5 | 563 | 555.3 | 545.3 | ▼ 10 |
Key figures of RAFFINERIE TIRLEMONTOISE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 28 September 2027.
What happened to RAFFINERIE TIRLEMONTOISE?
What happened at RAFFINERIE TIRLEMONTOISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jan INGELS stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 42.5 million (▼ € 44.5 million vs 2025). Source: NBB ↗
- Jan INGELS became a director. NBB
- Guy PATERNOSTER stepped down as director. NBB
- Guy PATERNOSTER became a director. NBB
- New establishment in Oostkamp. KBO
- New establishment in Antwerpen. KBO
- New establishment in Geer. KBO
In short
From € 40.7 million profit in 2023 to € 42.5 million loss in 2026.
Paid € 12.6 million in corporate taxes since 2023.
Best year ever: 2024, with € 59.4 million profit.
Paid out € 391.9 million in dividends to the owners in total.
Management
The stake of FERME DE L'EPINE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RAFFINERIE TIRLEMONTOISEThe shares are held by Südzucker Holding GmbH (99.4%), Bietenplantersvennootschap - voor TS Participatie (0.6%) and FERME DE L'EPINE. It owns 100% of Rafti BV and 35.7% of Food Port N.V. itself.
Directors
According to the 2026 annual accounts
since 2020 · until 2025
since 2026 · until 2031
Shareholders
Participations
Rafti BV
100%
35.7%
Establishments
Establishment units
Physical locations of this company
Aandorenstraat 1
3300 Tienen
Rue de Meuse(WAN) 9
4520 Wanze
Active since 9 May 1990
Rue de Waremme(HOL) 18 box 20
4250 Geer
Active since 14 May 1990
Route de La Bruyère 3
5310 Eghezée
Active since 30 April 1990
Rue Saint Joseph -
1471 Genappe
Active since 14 May 1990
Kampveldstraat 41
8020 Oostkamp
Active since 25 November 2010
Carrettestraat 33
2170 Antwerpen
Active since 25 November 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Details
- Company number
- 0436.410.522
- VAT number
- BE 0436.410.522
- Registered office
- Aandorenstraat 1, 3300 Tienen
- Names & denominations
- RAFFINERIE TIRLEMONTOISE · TIENSE SUIKERRAFFINADERIJ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1988
- Peppol
- Active · Active since 9 Jun 2026
- Activities · NACE
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