What does Mitsubishi Chemical Advanced Materials do?

Mitsubishi Chemical Advanced Materials is a plastics manufacturer in Tielt. Public Limited, started on 27 February 2001, 4 establishments.

What is the address of Mitsubishi Chemical Advanced Materials?

The registered office of Mitsubishi Chemical Advanced Materials is located at Galgenveldstraat 12, 8700 Tielt.

Is Mitsubishi Chemical Advanced Materials still active?

Yes. According to the CBE (30 September 2026) Mitsubishi Chemical Advanced Materials is active, legal situation “Normale toestand”, started on 27 February 2001.

Is Mitsubishi Chemical Advanced Materials registered on Peppol?

Yes, Mitsubishi Chemical Advanced Materials is registered on the Peppol network with ID 0208:0474196376.

What is the enterprise number of Mitsubishi Chemical Advanced Materials?

The enterprise number of Mitsubishi Chemical Advanced Materials is BE0474196376.

When was Mitsubishi Chemical Advanced Materials founded?

Mitsubishi Chemical Advanced Materials was founded on 27 February 2001.

Who are the directors of Mitsubishi Chemical Advanced Materials?

According to the 2026 annual accounts, the directors of Mitsubishi Chemical Advanced Materials are: Detlef Artmeyer, Bram Cools, Sabine Degryse.

Is Mitsubishi Chemical Advanced Materials a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 February 2001; 4 annual accounts filed, latest fiscal year 2026; 3 directors known from the annual account; 4 establishments in the CBE.

How much profit did Mitsubishi Chemical Advanced Materials make in 2026?

Mitsubishi Chemical Advanced Materials posted a profit after taxes of € 1,326,127 in financial year 2026.

What is the revenue of Mitsubishi Chemical Advanced Materials?

In its most recent annual accounts (2026), Mitsubishi Chemical Advanced Materials reported revenue of € 179,536,872.

How much does an employee at Mitsubishi Chemical Advanced Materials earn?

The average wage cost per full-time employee at Mitsubishi Chemical Advanced Materials was € 94,700 in 2026: staff costs of € 39.1 million for 413.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Mitsubishi Chemical Advanced Materials have?

According to the 2026 annual accounts, Mitsubishi Chemical Advanced Materials has 413.4 full-time equivalents (FTE).

Mitsubishi Chemical Advanced Materials (Public Limited)

Dossier Mitsubishi Chemical Advanced Materials, printed on 30 September 2026 from databakkes.be/en/0474196376/mitsubishi-chemical-advanced-materials. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

Mitsubishi Chemical Advanced Materials from Tielt, company number BE0474196376, closed financial year 2026 with a result of € 1.3 million after tax. For that financial year Mitsubishi Chemical Advanced Materials recorded revenue of € 179.5 million and equity of € 23.3 million. Compared with financial year 2025, the result moved from € -4.9 million to € 1.3 million. 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 July 16, 2026.

What it is worth Growing

€ 23.3 million

▲ 6% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.3 million

▲ still € 4.9 million loss in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 793,442

▼ 81% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 16.7 million.

People and assets in 2026

Full-time equivalents

413.4

▲ 2.8 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 25.7 million in 2026, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 39.1 million

▲ 6% vs 2025

€ 94,700 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.

Vehicles and equipment

€ 394,368

▼ 9% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt

€ 33 million

▲ 18% vs 2025

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 28.1 million

▼ 22% vs 2025

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 77 days on average.

Taxes and wages

€ 9.2 million

▲ 13% vs 2025

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Revenue	€ 212,316,749 Revenue 2023: € 212,316,749 First fiscal year in the series	€ 162,704,809 Revenue 2024: € 162,704,809 ▼ 23% vs 2023 (€ 212,316,749) Unfavourable step	€ 171,890,660 Revenue 2025: € 171,890,660 ▲ 6% vs 2024 (€ 162,704,809) Favourable step	€ 179,536,872 Revenue 2026: € 179,536,872 ▲ 4% vs 2025 (€ 171,890,660) Favourable step	▲ 4%
Profit after taxes	€ 7,695,636 Profit after taxes 2023: € 7,695,636 First fiscal year in the series	€ -8,559,818 Profit after taxes 2024: € -8,559,818 ▼ € 16.3 million vs 2023 (€ 7,695,636) Unfavourable step	€ -4,897,576 Profit after taxes 2025: € -4,897,576 ▲ € 3.7 million vs 2024 (€ -8,559,818) Favourable step	€ 1,326,127 Profit after taxes 2026: € 1,326,127 ▲ € 6.2 million vs 2025 (€ -4,897,576) Favourable step	▲ € 6.2 million
Equity	€ 35,459,844 Equity 2023: € 35,459,844 First fiscal year in the series	€ 26,900,026 Equity 2024: € 26,900,026 ▼ 24% vs 2023 (€ 35,459,844) Unfavourable step	€ 22,002,450 Equity 2025: € 22,002,450 ▼ 18% vs 2024 (€ 26,900,026) Unfavourable step	€ 23,328,577 Equity 2026: € 23,328,577 ▲ 6% vs 2025 (€ 22,002,450) Favourable step	▲ 6%
Total debts	€ 70,960,046 Total debts 2023: € 70,960,046 First fiscal year in the series	€ 61,299,172 Total debts 2024: € 61,299,172 ▼ 14% vs 2023 (€ 70,960,046) Favourable step	€ 72,186,032 Total debts 2025: € 72,186,032 ▲ 18% vs 2024 (€ 61,299,172) Unfavourable step	€ 70,400,325 Total debts 2026: € 70,400,325 ▼ 2% vs 2025 (€ 72,186,032) Favourable step	▼ 2%
Cash	€ 961,820 Cash 2023: € 961,820 First fiscal year in the series	€ 4,637,635 Cash 2024: € 4,637,635 ▲ € 3.7 million vs 2023 (€ 961,820) Favourable step	€ 4,204,736 Cash 2025: € 4,204,736 ▼ 9% vs 2024 (€ 4,637,635) Unfavourable step	€ 793,442 Cash 2026: € 793,442 ▼ 81% vs 2025 (€ 4,204,736) Unfavourable step	▼ 81%
Land & buildings	€ 4,935,381 Land & buildings 2023: € 4,935,381 First fiscal year in the series	€ 5,152,481 Land & buildings 2024: € 5,152,481 ▲ 4% vs 2023 (€ 4,935,381) Unchanged	€ 5,505,919 Land & buildings 2025: € 5,505,919 ▲ 7% vs 2024 (€ 5,152,481) Unchanged	€ 6,351,967 Land & buildings 2026: € 6,351,967 ▲ 15% vs 2025 (€ 5,505,919) Unchanged	▲ 15%
Retained profit	€ 28,805,244 Retained profit 2023: € 28,805,244 First fiscal year in the series	€ 20,245,426 Retained profit 2024: € 20,245,426 ▼ 30% vs 2023 (€ 28,805,244) Unfavourable step	€ 15,347,850 Retained profit 2025: € 15,347,850 ▼ 24% vs 2024 (€ 20,245,426) Unfavourable step	€ 16,673,977 Retained profit 2026: € 16,673,977 ▲ 9% vs 2025 (€ 15,347,850) Favourable step	▲ 9%
Dividend	€ 8,746,141 Dividend 2023: € 8,746,141 First fiscal year in the series	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 8,746,141) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2026: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 29,548,471 Bank debt 2023: € 29,548,471 First fiscal year in the series	€ 28,000,000 Bank debt 2024: € 28,000,000 ▼ 5% vs 2023 (€ 29,548,471) Favourable step	€ 28,000,000 Bank debt 2025: € 28,000,000 Unchanged (€ 28,000,000) Unchanged	€ 33,001,619 Bank debt 2026: € 33,001,619 ▲ 18% vs 2025 (€ 28,000,000) Unfavourable step	▲ 18%
Balance sheet total	€ 106,554,419 Balance sheet total 2023: € 106,554,419 First fiscal year in the series	€ 88,361,009 Balance sheet total 2024: € 88,361,009 ▼ 17% vs 2023 (€ 106,554,419) Unchanged	€ 94,225,861 Balance sheet total 2025: € 94,225,861 ▲ 7% vs 2024 (€ 88,361,009) Unchanged	€ 93,751,387 Balance sheet total 2026: € 93,751,387 ▼ 1% vs 2025 (€ 94,225,861) Unchanged	▼ 1%
Employees (FTE)	404.7 Employees (FTE) 2023: 404.7 First fiscal year in the series	409.1 Employees (FTE) 2024: 409.1 ▲ 4.4 vs 2023 (404.7) Unchanged	410.6 Employees (FTE) 2025: 410.6 ▲ 1.5 vs 2024 (409.1) Unchanged	413.4 Employees (FTE) 2026: 413.4 ▲ 2.8 vs 2025 (410.6) Unchanged	▲ 2.8

Key figures of Mitsubishi Chemical Advanced Materials, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to Mitsubishi Chemical Advanced Materials?

What happened at Mitsubishi Chemical Advanced Materials in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 16, 2026 New annual accounts for financial year 2026: profit of € 1.3 million. Source: NBB ↗
2026 Sabine Degryse stepped down as director. NBB
2026 Bram Cools stepped down as director. NBB
2025 Detlef Artmeyer became a director. NBB
2023 Bram Cools became a director. NBB
2023 Sabine Degryse became a director. NBB
Oct 1, 2021 New establishment in Tielt. KBO
Oct 1, 2021 New establishment in Tielt. KBO

In short

From € 7.7 million profit in 2023 to € 1.3 million profit in 2026.

Paid € 3.6 million in corporate taxes since 2023.

Best year ever: 2023, with € 7.7 million profit.

Paid out € 8.7 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

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My folder 3 companies

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

Real filings at the National Bank

Management

Mitsubishi Chemical Advanced Materials BV 58.1%

Mitsubishi Chemical Advanced Materials AG 41.9%

Mitsubishi Chemical Advanced Materials

Mitsubishi Chemical Advanced Materials Kft 100%

Behind Mitsubishi Chemical Advanced Materials is Detlef Artmeyer. The shares are held by Mitsubishi Chemical Advanced Materials BV (58.1%) and Mitsubishi Chemical Advanced Materials AG (41.9%). It owns 100% of Mitsubishi Chemical Advanced Materials Kft itself.

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Directors

According to the 2026 annual accounts

Detlef Artmeyer

Director

since 2025

Bram Cools

Director

since 2023 · until 2026

Sabine Degryse

Director

since 2023 · until 2026

Shareholders

Mitsubishi Chemical Advanced Materials BV

58.1%

Mitsubishi Chemical Advanced Materials AG

41.9%

Participations

Mitsubishi Chemical Advanced Materials Kft

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Galgenveldstraat 12

8700 Tielt

2.324.007.360

Galgenveldstraat 10

8700 Tielt

Active since 1 October 2021

2.324.007.855

Robert Tavernierlaan 2

8700 Tielt

Active since 1 October 2021

2.324.009.439

Szamotulystraat 14

8700 Tielt

Active since 1 October 2021

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0474.196.376

VAT number

BE 0474.196.376

Registered office

Galgenveldstraat 12, 8700 Tielt

Names & denominations

Mitsubishi Chemical Advanced Materials · MCAM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 February 2001

Peppol

Active · Active since 30 May 2025

Activities · NACE

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Opslag

Activiteiten van hoofdkantoren

View on CBE Public ↗ Annual accounts (NBB) ↗

Mitsubishi Chemical Advanced Materials

Financials

What happened to Mitsubishi Chemical Advanced Materials?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions