Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 12.1 to 4.9.
Financials
Financial year 2025
Neste Belgium from Brussel, company number BE0764518564, closed financial year 2025 with a result of € 835,688 after tax. For that financial year Neste Belgium recorded a gross margin of € 2.6 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 206,506 to € 835,688. 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 August 19, 2026.
€ 1.4 million
▲ 136% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 835,688
▲ € 629,182 vs 2024
Profit after tax over the fiscal year.
€ 609,118
▲ € 551,651 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 € 1.4 million.
People and assets in 2025
4.9
▼ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 57% vs 2024
€ 287,200 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 116,839
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 530,087
▲ 45% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,331,911 | € 3,788,856 | € 3,507,707 | € 2,646,610 | ▼ 25% |
| Profit after taxes | € 81,229 | € 215,344 | € 206,506 | € 835,688 | ▲ € 629,182 |
| Equity | € 191,723 | € 407,067 | € 613,573 | € 1,449,261 | ▲ 136% |
| Total debts | € 1,146,271 | € 1,447,076 | € 684,998 | € 646,926 | ▼ 6% |
| Cash | € 50,978 | € 217,060 | € 57,467 | € 609,118 | ▲ € 551,651 |
| Retained profit | € 130,223 | € 345,567 | € 552,073 | € 1,387,761 | ▲ 151% |
| Bank debt | € 262,094 | € 189,373 | € 227,355 | € 0 | ▼ 100% |
| Balance sheet total | € 1,337,994 | € 1,854,142 | € 1,321,570 | € 2,214,379 | ▲ 68% |
| Employees (FTE) | 9 | 12.1 | 8.8 | 4.9 | ▼ 3.9 |
Key figures of Neste 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 Neste Belgium?
What happened at Neste Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ilmi Korhonen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 835,688 (▲ € 629,182 vs 2024). filed late Source: NBB ↗
- Riitta Af Forselles stepped down as director. NBB
- Ilmi Korhonen became a director. NBB
- Samuel Maubanc became a director. NBB
- Peter Holdorf became a director. NBB
- Hanna Maula became a director. NBB
- Riitta Af Forselles became a director. NBB
In short
From € 81,229 profit in 2022 to € 835,688 profit in 2025.
Paid € 430,024 in corporate taxes since 2022.
Best year ever: 2025, with € 835,688 profit.
On average € 540,100 of value added per employee in 2025.
A new publication or filing at Neste Belgium? We notify you, reason included.
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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
Behind Neste Belgium are Peter Holdorf, Hanna Maula, Samuel Maubanc and Paul-Willem Van Klink. The shares are held by Neste Oyj (100%).
Directors
According to the 2025 annual accounts
Peter Holdorf
Persoon belast met dagelijks bestuur
since 2025
Hanna Maula
Director
since 2024
Samuel Maubanc
Persoon belast met dagelijks bestuur
since 2025
Paul-Willem Van Klink
Director
since 2024
Riitta Af Forselles
Director
since 2024 · until 2026
Ilmi Korhonen
Director
since 2026 · until 2031
Shareholders
Neste Oyj
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kunstlaan 56
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0764.518.564
- VAT number
- BE 0764.518.564
- Registered office
- Kunstlaan 56, 1000 Brussel
- Names & denominations
- Neste Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2021
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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