Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Sumitomo Bakelite Europe (Ghent) from Gent, company number BE0450279443, closed financial year 2025 with a result of € -10.1 million after tax. For that financial year Sumitomo Bakelite Europe (Ghent) recorded revenue of € 72.8 million and equity of € 30.6 million. Compared with financial year 2024, the result moved from € -5.1 million to € -10.1 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2025.
€ 30.6 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10.1 million
▼ 99 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3.8 million
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 20.9 million.
People and assets in 2025
158.9
▲ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 17.2 million
▲ 9% vs 2024
€ 108,100 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.
€ 445,721
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7 million
Loans from banks and other lenders, long and short.
€ 11.8 million
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 67 days on average.
€ 3.5 million
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 38,852,058 | € 41,037,681 | € 70,066,214 | € 72,812,449 | ▲ 4% |
| Profit after taxes | € 1,598,444 | € 1,452,494 | € -5,061,685 | € -10,070,596 | ▼ € 5 million |
| Equity | € 44,259,152 | € 45,711,646 | € 40,649,961 | € 30,579,365 | ▼ 25% |
| Total debts | € 6,993,393 | € 7,078,102 | € 23,062,735 | € 25,261,520 | ▲ 10% |
| Cash | € 22,753,560 | € 6,717,863 | € 6,233,863 | € 3,762,967 | ▼ 40% |
| Land & buildings | € 4,447,360 | € 5,185,911 | € 7,418,724 | € 7,881,873 | ▲ 6% |
| Retained profit | € 34,594,152 | € 36,046,646 | € 30,984,961 | € 20,914,365 | ▼ 33% |
| Bank debt | € 0 | € 0 | € 0 | € 7,000,000 | |
| Balance sheet total | € 52,341,089 | € 53,078,105 | € 64,056,378 | € 56,087,038 | ▼ 12% |
| Employees (FTE) | 140.6 | 149.1 | 155.8 | 158.9 | ▲ 3.1 |
Key figures of Sumitomo Bakelite Europe (Ghent), 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 October 2026.
What happened to Sumitomo Bakelite Europe (Ghent)?
What happened at Sumitomo Bakelite Europe (Ghent) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Takashi Kobayashi stepped down as director. NBB
- Jan Schreurs stepped down as director. NBB
- Wim Boogaerts stepped down as director. NBB
- Keisuke Kurachi stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 10.1 million. Source: NBB ↗
- Takashi Kobayashi became a director. NBB
- Shinichi Kajiya stepped down as director. NBB
- Alexander Geskens stepped down as director. NBB
In short
From € 1.6 million profit in 2022 to € 10.1 million loss in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
Pays suppliers within 67 days on average.
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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
The shares are held by Sumitomo Bakelite Europe NV (90%) and Sumitomo Bakelite Co. Ltd. (10%).
Directors
According to the 2025 annual accounts
Takashi Kobayashi
Director
since 2025 · until 2031
Shinichi Kajiya
Director
since 2024 · until 2025
Wim Boogaerts
Director
since 2023 · until 2028
Alexander Geskens
Director
since 2023 · until 2024
Jan Schreurs
Director
since 2024 · until 2030
Keisuke Kurachi
Director
since 2023 · until 2028
Shareholders
Sumitomo Bakelite Co. Ltd.
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wiedauwkaai 6
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.279.443
- VAT number
- BE 0450.279.443
- Registered office
- Wiedauwkaai 6, 9000 Gent
- Names & denominations
- Sumitomo Bakelite Europe (Ghent)
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 1993
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van kunststoffen in primaire vormen
Vervaardiging van overige elektrische benodigdheden, n.e.g.
Vervaardiging van andere elektrische apparatuur