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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2022, 2024.
Financials
Financial year 2025
ANSUL from Elsene, company number BE0441557163, closed financial year 2025 with a result of € 20 million after tax. For that financial year ANSUL recorded revenue of € 39.6 million and equity of € 83.6 million. Compared with financial year 2024, the result moved from € 18.9 million to € 20 million. 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 18, 2026.
€ 83.6 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20 million
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 3 million
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 12.1 million paid out
60 % of the profit went to the shareholders, mostly to Fire protection Holdings LTD (100 % of the shares). That is where the money ends up.
People and assets in 2025
204.2
▲ 20 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 17.3 million
▲ 17% vs 2024
€ 84,700 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.
€ 1.6 million
▲ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.6 million
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 65 days on average.
€ 5.7 million
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 32,921,922 | € 36,743,097 | € 36,698,205 | € 39,598,865 | ▲ 8% |
| Profit after taxes | € 14,608,060 | € 19,587,624 | € 18,879,983 | € 20,027,145 | ▲ 6% |
| Equity | € 70,409,746 | € 74,247,370 | € 75,627,353 | € 83,554,498 | ▲ 10% |
| Total debts | € 16,079,224 | € 16,473,833 | € 17,697,356 | € 18,405,670 | ▲ 4% |
| Cash | € 4,840,409 | € 3,822,700 | € 3,988,904 | € 3,040,854 | ▼ 24% |
| Land & buildings | € 1,148,180 | € 1,127,486 | € 1,209,476 | € 1,370,572 | ▲ 13% |
| Retained profit | € 64,196,746 | € 68,034,370 | € 69,414,353 | € 77,341,498 | ▲ 11% |
| Dividend | € 10,950,000 | € 15,750,000 | € 17,500,000 | € 12,100,000 | ▼ 31% |
| Bank debt | € 840,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 86,762,367 | € 90,994,600 | € 93,567,029 | € 101,984,979 | ▲ 9% |
| Employees (FTE) | 176 | 182.6 | 184.2 | 204.2 | ▲ 20 |
Key figures of ANSUL, 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 ANSUL?
What happened at ANSUL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20 million (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Dilbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 14.6 million profit in 2022 to € 20 million profit in 2025.
Paid € 10.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 20 million profit.
Paid out € 56.3 million in dividends to the owners in total.
Management
Behind ANSUL are Jean-Jacques Murray, Martin Struyf, Richard Pollard and AFL Management SRL. The shares are held by Fire protection Holdings LTD (100%) and London Security PLC (0%). It owns 100% of Triangle Incendie Eurl, 100% of PMP Feuerlöschgeräte Prodktions-und Vertriebsges.m.b.H., 100% of BRACO, 100% of ANSUL BV, 100% of TOTAL FIRE STOP GMBH and 100% of Linde Brandmaterial Aps itself.
Directors
According to the 2025 annual accounts
Jean-Jacques Murray
Director
Martin Struyf
Director
Also active at: Braco, Le Chimiste, DC SECURITY, IMPORTEX, DIMEX TECHNICS, ALL-PROTEC, FIRE PROTECTION SYSTEM, TRIUM +7 more
Richard Pollard
Director
Also active at: Braco, IMPORTEX, DIMEX TECHNICS, ALL-PROTEC, FIRE PROTECTION SYSTEM, ALFA PREVENT, ANSUL BELGIUM
Managing director · represented by Xavier Mignolet
Also active at: Braco, Le Chimiste, DC SECURITY, IMPORTEX, DIMEX TECHNICS, ALL-PROTEC, FIRE PROTECTION SYSTEM, TRIUM +8 more
Shareholders
Fire protection Holdings LTD
100%
London Security PLC
0%
Participations
Triangle Incendie Eurl
100%
PMP Feuerlöschgeräte Prodktions-und Vertriebsges.m.b.H.
100%
100%
ANSUL BV
100%
TOTAL FIRE STOP GMBH
100%
Linde Brandmaterial Aps
100%
100%
AGENCE LUXEMBOURGEOISE DE PROTECTION INCENDIE
100%
ARD Incendie
100%
NU-SWIFT BRANDBEVEILIGING
100%
100%
100%
100%
Establishments
Establishment units
Physical locations of this company
Louizalaan 65 box 11
1050 Elsene
Industrialaan 35
1702 Dilbeek
Active since 30 August 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.557.163
- VAT number
- BE 0441.557.163
- Registered office
- Louizalaan 65 bus 11, 1050 Elsene
- Names & denominations
- ANSUL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 1990
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van spuittoestellen, inclusief blusapparaten
Vervaardiging van toestellen voor het spuiten van vloeistoffen of poeder, inclusief brandblusapparaten
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Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv
Groothandel in andere machines en werktuigen, n.e.g.