Financials
Financial year 2024
FUEL WAY from Montigny-le-Tilleul, company number BE0553585136, closed financial year 2024 with a result of € -5,665 after tax. For that financial year FUEL WAY recorded a gross margin of € 47,125 and equity of € 110,212. Compared with financial year 2023, the result moved from € 3,421 to € -5,665. The company made a loss. 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 October 12, 2025.
€ 110,212
▼ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,665
▼ still € 3,421 profit in 2023
Profit after tax over the fiscal year.
€ 88,216
▼ 5% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 91,612.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 18,949
▲ 1% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 5,345
▼ 43% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,136
▼ 5% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 49,475 | € 29,612 | € 28,617 | € 47,125 | ▲ 65% |
| Profit after taxes | € 25,450 | € 6,767 | € 3,421 | € -5,665 | ▼ € 9,085 |
| Equity | € 163,113 | € 131,692 | € 124,112 | € 110,212 | ▼ 11% |
| Total debts | € 22,091 | € 22,148 | € 22,327 | € 24,557 | ▲ 10% |
| Cash | € 125,216 | € 107,422 | € 92,405 | € 88,216 | ▼ 5% |
| Retained profit | € 156,913 | € 113,092 | € 105,512 | € 91,612 | ▼ 13% |
| Dividend | € 0 | € 50,588 | € 11,000 | € 8,235 | ▼ 25% |
| Balance sheet total | € 185,205 | € 153,840 | € 146,440 | € 134,770 | ▼ 8% |
Key figures of FUEL WAY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FUEL WAY?
What happened at FUEL WAY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 5,665 (▼ € 9,085 vs 2023). filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- Majid JAFARY became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 25,450 profit in 2021 to € 5,665 loss in 2024.
Paid € 15,481 in corporate taxes since 2021.
Best year ever: 2021, with € 25,450 profit.
Paid out € 69,824 in dividends to the owners in total.
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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
Management
Directors
According to the 2024 annual accounts
Majid JAFARY
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Rue du Vert Bois 25
6110 Montigny-le-Tilleul
Rue de Mons 196
6031 Charleroi
Active since 4 June 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0553.585.136
- VAT number
- BE 0553.585.136
- Registered office
- Rue du Vert Bois 25, 6110 Montigny-le-Tilleul
- Names & denominations
- FUEL WAY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 2014
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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