Financials
Financial year 2025
HEITE PETROLEUM from Ieper, company number BE0454586342, closed financial year 2025 with a result of € 216,886 after tax. For that financial year HEITE PETROLEUM recorded revenue of € 41.7 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 127,713 to € 216,886. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 19, 2025.
€ 1.7 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 216,886
▲ 70% vs 2024
Profit after tax over the fiscal year.
€ 2.2 million
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 90,000 paid out
41 % of the profit went to the shareholders, mostly to Watermolenberg (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.3
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 170,177
▲ 2% vs 2024
€ 51,600 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.
€ 14,153
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 495,787
Loans from banks and other lenders, long and short.
€ 2.5 million
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.
€ 44,764
▲ 204% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 45,250,950 | € 54,627,736 | € 49,159,122 | € 41,668,518 | ▼ 15% |
| Profit after taxes | € 305,963 | € 158,221 | € 127,713 | € 216,886 | ▲ 70% |
| Equity | € 1,442,751 | € 1,495,972 | € 1,563,685 | € 1,690,571 | ▲ 8% |
| Total debts | € 5,347,924 | € 4,746,924 | € 4,278,176 | € 3,370,337 | ▼ 21% |
| Cash | € 2,215,656 | € 2,631,429 | € 1,782,426 | € 2,190,468 | ▲ 23% |
| Land & buildings | € 202,884 | € 202,672 | € 202,672 | € 202,672 | |
| Retained profit | € 803,293 | € 856,515 | € 924,227 | € 1,051,114 | ▲ 14% |
| Dividend | € 195,000 | € 105,000 | € 60,000 | € 90,000 | ▲ 50% |
| Bank debt | € 495,787 | € 495,787 | € 495,787 | € 495,787 | |
| Balance sheet total | € 6,840,675 | € 6,292,897 | € 5,891,861 | € 5,110,909 | ▼ 13% |
| Employees (FTE) | 2.8 | 2.8 | 3.6 | 3.3 | ▼ 0.3 |
Key figures of HEITE PETROLEUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to HEITE PETROLEUM?
What happened at HEITE PETROLEUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 216,886 (▲ 70% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 305,963 profit in 2022 to € 216,886 profit in 2025.
Paid € 97,041 in corporate taxes since 2022.
Best year ever: 2022, with € 305,963 profit.
Paid out € 450,000 in dividends to the owners in total.
Management
Behind HEITE PETROLEUM are Innertrade BV, Watermolenberg BV and Maurice BV. The shares are held by Watermolenberg (99.6%) and Frank Heite (0.4%).
Directors
According to the 2025 annual accounts
Director · represented by Sylvie HEITE
Also active at: STATIONS HEITE, DE FONTEIN, HEITE TANKSTATIONS, ENERGY EXPRESS, MAURICE
Director · represented by Frank HEITE
Also active at: STATIONS HEITE, DE FONTEIN, HEITE TANKSTATIONS, ENERGY EXPRESS, MAURICE, WYN
Director · represented by Edgard HEITE
Also active at: STATIONS HEITE, DE FONTEIN, HEITE TANKSTATIONS, ENERGY EXPRESS
Shareholders
99.6%
Frank Heite
0.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rozendaalstraat 50
8900 Ieper
Rozendaalstraat zn
8900 Ieper
Active since 29 March 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0454.586.342
- VAT number
- BE 0454.586.342
- Registered office
- Rozendaalstraat 50, 8900 Ieper
- Names & denominations
- HEITE PETROLEUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 1995
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Gespecialiseerde detailhandel in vaste en vloeibare brandstoffen
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten
Straatreiniging en sneeuwruimen
Andere reinigingsactiviteiten