Active · per the CBE, 29 October 2026

INEOS Oxide Utilities

BE0480204141

Rechtspersoon Public limited company 1 establishment

INEOS Oxide Utilities is an energy company in Beveren-Kruibeke-Zwijndrecht. Public Limited, started on 9 May 2003, 1 establishment.

Nieuwe Weg 1, 2070 Beveren-Kruibeke-Zwijndrecht

Active for

23 year, 5 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.

  • Busy address KBO

    17 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

INEOS Oxide Utilities from Beveren-Kruibeke-Zwijndrecht, company number BE0480204141, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year INEOS Oxide Utilities recorded revenue of € 139.9 million and equity of € 43.6 million. Compared with financial year 2024, the result moved from € 2.5 million to € 1.7 million. The company is profitable. 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 June 2, 2026.

What it is worth Healthy

€ 43.6 million

▼ 30% vs 2024

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

Profit Healthy

€ 1.7 million

▼ 31% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 398,665

▼ 63% vs 2024

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

Where the profit goes Pays out

€ 20 million paid out

More than the year’s profit went to the shareholders; reserves fell.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 39.9 million

▲ 59% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.

Taxes

€ 151,672

▲ 235% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 357,333,191 € 149,374,403 € 128,190,396 € 139,894,427 ▲ 9%
Profit after taxes € 1,759,924 € 3,171,210 € 2,524,947 € 1,743,830 ▼ 31%
Equity € 86,250,067 € 59,315,807 € 61,840,753 € 43,584,582 ▼ 30%
Total debts € 58,987,484 € 51,748,442 € 25,140,338 € 60,071,519 ▲ 139%
Cash € 281,732 € 1,937 € 1,084,073 € 398,665 ▼ 63%
Retained profit € 50,861,882 € 24,033,092 € 26,558,038 € 8,301,867 ▼ 69%
Dividend € 0 € 30,000,000 € 0 € 20,000,000
Balance sheet total € 145,272,707 € 111,064,249 € 86,981,091 € 103,656,101 ▲ 19%

Key figures of INEOS Oxide Utilities, 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 INEOS Oxide Utilities?

What happened at INEOS Oxide Utilities in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Holger Laqua stepped down as director. NBB
  • Filip Claes stepped down as director. NBB
  • Peter HUYCK stepped down as director. NBB
  • Marc ROMMENS stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 1.7 million (▼ 31% vs 2024). Source: NBB ↗
  • Holger Laqua became a director. NBB
  • Filip Claes became a director. NBB
  • Peter HUYCK became a director. NBB

In short

From € 1.8 million profit in 2022 to € 1.7 million profit in 2025.

Paid € 2.5 million in corporate taxes since 2022.

Best year ever: 2023, with € 3.2 million profit.

Paid out € 50 million in dividends to the owners in total.

Management

Ineos Oxide Ltd 100%
Ineos 0%

The stake of Ineos comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

INEOS Oxide Utilities

The shares are held by Ineos Oxide Ltd (100%) and Ineos (0%).

Directors

According to the 2025 annual accounts

Holger Laqua

Director

Also active at: INEOS BELGIUM, INEOS OXIDE SERVICES, INEOS C2T

since 2025 · until 2029

Filip Claes

Director

Also active at: Roeland, Ineos, INEOS BELGIUM, INEOS OXIDE SERVICES, INEOS C2T

since 2024 · until 2029

Peter HUYCK

Director

since 2024 · until 2029

Marc ROMMENS

Director

since 2024 · until 2029

Shareholders

Ineos Oxide Ltd

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwe Weg 1

2070 Beveren-Kruibeke-Zwijndrecht

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

Details

Company number
0480.204.141
VAT number
BE 0480.204.141
Registered office
Nieuwe Weg 1, 2070 Beveren-Kruibeke-Zwijndrecht
Names & denominations
INEOS Oxide Utilities
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
9 May 2003
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Productie van gas

Distributie van gasvormige brandstoffen via leidingen

Handel in elektriciteit

Productie van elektriciteit uit niet-hernieuwbare bronnen

Productie en distributie van stoom en gekoelde lucht

Distributie en handel van elektriciteit

Distributie van stoom en warm water; vervaardiging van ijs, niet bestemd voor consumptie

Distributie van en handel in gasvormige brandstoffen via leidingen

+1

Frequently asked questions

What does INEOS Oxide Utilities do?
INEOS Oxide Utilities is an energy company in Beveren-Kruibeke-Zwijndrecht. Public Limited, started on 9 May 2003, 1 establishment.
What is the address of INEOS Oxide Utilities?
The registered office of INEOS Oxide Utilities is located at Nieuwe Weg 1, 2070 Beveren-Kruibeke-Zwijndrecht.
Is INEOS Oxide Utilities still active?
Yes. According to the CBE (29 October 2026) INEOS Oxide Utilities is active, legal situation “Normale toestand”, started on 9 May 2003.
Is INEOS Oxide Utilities registered on Peppol?
Yes, INEOS Oxide Utilities is registered on the Peppol network with ID 0208:0480204141.
What is the enterprise number of INEOS Oxide Utilities?
The enterprise number of INEOS Oxide Utilities is BE0480204141.
When was INEOS Oxide Utilities founded?
INEOS Oxide Utilities was founded on 9 May 2003.