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 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMERYS GRAPHITE & CARBON BELGIUM from Willebroek, company number BE0478703215, closed financial year 2025 with a result of € 12.2 million after tax. For that financial year IMERYS GRAPHITE & CARBON BELGIUM recorded revenue of € 141.5 million and equity of € 97.2 million. Compared with financial year 2024, the result moved from € 14.6 million to € 12.2 million. The company is profitable. 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 July 17, 2026.
€ 97.2 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12.2 million
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 30,525
▼ 99% 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 € 66.6 million.
People and assets in 2025
142.5
▲ 11.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 14 million
▲ 3% vs 2024
€ 98,000 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.
€ 173,753
▲ € 163,729 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 74 million
▼ 9% vs 2024
€ 25.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 20.1 million
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.
€ 7.2 million
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 109,048,799 | € 107,883,384 | € 126,792,210 | € 141,455,790 | ▲ 12% |
| Profit after taxes | € 18,879,152 | € 15,362,067 | € 14,611,245 | € 12,178,904 | ▼ 17% |
| Equity | € 70,004,490 | € 70,366,557 | € 84,977,802 | € 97,156,706 | ▲ 14% |
| Total debts | € 67,389,553 | € 99,704,399 | € 118,278,151 | € 101,978,151 | ▼ 14% |
| Cash | € 964,420 | € 311,602 | € 5,414,987 | € 30,525 | ▼ 99% |
| Land & buildings | € 7,317,425 | € 21,781,016 | € 32,193,204 | € 32,555,172 | ▲ 1% |
| Retained profit | € 39,404,490 | € 39,766,557 | € 54,377,802 | € 66,556,706 | ▲ 22% |
| Dividend | € 0 | € 15,000,000 | € 0 | € 0 | |
| Bank debt | € 30,498,362 | € 52,137,138 | € 81,401,032 | € 74,034,563 | ▼ 9% |
| Balance sheet total | € 140,656,142 | € 172,535,756 | € 207,648,953 | € 204,526,857 | ▼ 2% |
| Employees (FTE) | 109.3 | 122.5 | 130.7 | 142.5 | ▲ 11.8 |
Key figures of IMERYS GRAPHITE & CARBON BELGIUM, 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 IMERYS GRAPHITE & CARBON BELGIUM?
What happened at IMERYS GRAPHITE & CARBON BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christophe Cleeren stepped down as director. NBB
- Florian Danthez stepped down as director. NBB
- Frank Klaus Wittchen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 12.2 million (▼ 17% vs 2024). Source: NBB ↗
- Christophe Cleeren became a director. NBB
- Gerritjan Van der Ven stepped down as director. NBB
- Florian Danthez became a director. NBB
- Frank Klaus Wittchen became a director. NBB
In short
From € 18.9 million profit in 2022 to € 12.2 million profit in 2025.
Paid € 19.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 18.9 million profit.
Paid out € 15 million in dividends to the owners in total.
Management
The shares are held by Mircal SAS (99%) and Imerys Graphite & Carbon Switzerland Ltd (1%).
Directors
According to the 2025 annual accounts
Frank Klaus Wittchen
Director
since 2021 · until 2027
Christophe Cleeren
Director
since 2025 · until 2031
Florian Danthez
Director
since 2023 · until 2029
Gerritjan Van der Ven
Director
since 2021 · until 2025
Shareholders
Mircal SAS
99%
Imerys Graphite & Carbon Switzerland Ltd
1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brownfieldlaan 19
2830 Willebroek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.703.215
- VAT number
- BE 0478.703.215
- Registered office
- Brownfieldlaan 19, 2830 Willebroek
- Names & denominations
- IMERYS GRAPHITE & CARBON BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2002
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
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