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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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Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
Financials
Financial year 2022
CASTROL BELGIUM from Gent, company number BE0757677886, closed financial year 2022 with a result of € 14.9 million after tax. For that financial year CASTROL BELGIUM recorded revenue of € 609.6 million and equity of € 113.6 million. Compared with financial year 2021, the result moved from € 11.9 million to € 14.9 million. Profitable, and profit is growing. 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 October 4, 2023.
€ 113.6 million
▲ 15% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14.9 million
▲ 25% vs 2021
Profit after tax over the fiscal year.
€ 3.5 million
▲ 126% vs 2021
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2022. Retained profit grew to € 26.7 million.
People and assets in 2022
203.8
▼ 18.5 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 31.9 million
▲ 27% vs 2021
€ 156,400 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.
€ 461,073
▼ 28% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 110.2 million
▲ 59% vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 67 days on average.
€ 8.4 million
▲ 14% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 436,940,005 | € 609,618,630 | ▲ 40% |
| Profit after taxes | € 11,938,192 | € 14,892,054 | ▲ 25% |
| Equity | € 98,748,753 | € 113,640,807 | ▲ 15% |
| Total debts | € 84,693,437 | € 123,850,321 | ▲ 46% |
| Cash | € 1,565,097 | € 3,542,631 | ▲ 126% |
| Land & buildings | € 2,291,717 | € 2,127,952 | ▼ 7% |
| Retained profit | € 11,822,133 | € 26,714,187 | ▲ 126% |
| Balance sheet total | € 193,711,251 | € 239,647,807 | ▲ 24% |
| Employees (FTE) | 222.3 | 203.8 | ▼ 18.5 |
Key figures of CASTROL BELGIUM, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to CASTROL BELGIUM?
What happened at CASTROL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2022: profit of € 14.9 million (▲ 25% vs 2021). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Rutger Huijgens became a director. NBB
- Francis Van Hemelrijk became a director. NBB
- Jurgen Windels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11.9 million profit in 2021 to € 14.9 million profit in 2022.
Paid € 9.7 million in corporate taxes since 2021.
Best year ever: 2022, with € 14.9 million profit.
Pays suppliers within 67 days on average.
Management
Behind CASTROL BELGIUM are Rutger Huijgens, Francis Van Hemelrijk and Jurgen Windels. The shares are held by Castrol Holdings Europe BV (100%).
Directors
According to the 2022 annual accounts
Rutger Huijgens
Director
since 2020
Francis Van Hemelrijk
Director
since 2020
Jurgen Windels
Director
since 2020
Shareholders
Castrol Holdings Europe BV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Langerbruggekaai 18
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0757.677.886
- VAT number
- BE 0757.677.886
- Registered office
- Langerbruggekaai 18, 9000 Gent
- Names & denominations
- CASTROL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2020
- Peppol
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