Warning lights
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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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Scandinavian Oil Services blending & logistics from Antwerpen, company number BE0464934262, closed financial year 2025 with a result of € 62,078 after tax. For that financial year Scandinavian Oil Services blending & logistics recorded a gross margin of € 1.8 million and equity of € 217,557. Compared with financial year 2024, the result moved from € 50,750 to € 62,078. 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 July 8, 2026.
€ 217,557
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,078
▲ 22% vs 2024
Profit after tax over the fiscal year.
€ 40,773
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 173,631.
People and assets in 2025
10.2
▼ 4.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 26% vs 2024
€ 114,000 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.
€ 73,797
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.2 million
▲ 2% vs 2024
€ 364,769 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 163,462
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 177,808
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 512,014 | € -41,004 | € 1,926,554 | € 1,842,114 | ▼ 4% |
| Profit after taxes | € 376,251 | € -492,409 | € 50,750 | € 62,078 | ▲ 22% |
| Equity | € 597,138 | € 104,729 | € 155,479 | € 217,557 | ▲ 40% |
| Total debts | € 362,345 | € 1,768,282 | € 6,486,519 | € 6,495,912 | |
| Cash | € 18,879 | € 135,656 | € 99,320 | € 40,773 | ▼ 59% |
| Land & buildings | € 135,375 | - | € 5,479,637 | € 5,621,998 | ▲ 3% |
| Retained profit | € 553,212 | € 60,803 | € 111,553 | € 173,631 | ▲ 56% |
| Bank debt | € 0 | € 700,000 | € 5,120,330 | € 5,205,384 | ▲ 2% |
| Balance sheet total | € 959,483 | € 1,873,011 | € 6,641,998 | € 6,713,470 | ▲ 1% |
| Employees (FTE) | - | 2.2 | 14.9 | 10.2 | ▼ 4.7 |
Key figures of Scandinavian Oil Services blending & logistics, 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 Scandinavian Oil Services blending & logistics?
What happened at Scandinavian Oil Services blending & logistics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,078 (▲ 22% vs 2024). Source: NBB ↗
- Maarten Koenen became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 376,251 profit in 2022 to € 62,078 profit in 2025.
Paid € 103,927 in corporate taxes since 2022.
Best year ever: 2022, with € 376,251 profit.
On average € 180,600 of value added per employee in 2025.
Management
Behind Scandinavian Oil Services blending & logistics is Maarten Koenen.
Directors
According to the 2025 annual accounts
Maarten Koenen
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Noorderlaan 189
2030 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.934.262
- VAT number
- BE 0464.934.262
- Registered office
- Noorderlaan 189, 2030 Antwerpen
- Names & denominations
- Scandinavian Oil Services blending & logistics
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1998
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
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