Financials
Financial year 2024
BiofuelsCo from Bornem, company number BE0795992886, closed financial year 2024 with a result of € 32,213 after tax. For that financial year BiofuelsCo recorded a gross margin of € 33,316 and equity of € 67,344. Compared with financial year 2023, the result moved from € 5,131 to € 32,213. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2025.
€ 67,344
▲ 92% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,213
▲ € 27,082 vs 2023
Profit after tax over the fiscal year.
€ 11,813
▼ 61% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 37,344.
People and assets in 2024
€ 16,553
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.
€ 862,265
▲ € 850,060 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,030
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 2,461 | € 33,316 | ▲ € 30,855 |
| Profit after taxes | € 5,131 | € 32,213 | ▲ € 27,082 |
| Equity | € 35,131 | € 67,344 | ▲ 92% |
| Total debts | € 37,668 | € 1,095,520 | ▲ € 1.1 million |
| Cash | € 30,324 | € 11,813 | ▼ 61% |
| Retained profit | € 5,131 | € 37,344 | ▲ € 32,213 |
| Bank debt | € 9 | € 0 | ▼ 100% |
| Balance sheet total | € 72,799 | € 1,162,864 | ▲ € 1.1 million |
Key figures of BiofuelsCo, fiscal years 2023 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 BiofuelsCo?
What happened at BiofuelsCo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 32,213 (▲ € 27,082 vs 2023). filed late Source: NBB ↗
- New establishment in Bornem. KBO
- Mergyul Ahmed became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,131 profit in 2023 to € 32,213 profit in 2024.
Paid € 1,030 in corporate taxes since 2023.
Best year ever: 2024, with € 32,213 profit.
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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
Mergyul Ahmed
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Barelstraat(BOR) 74
2880 Bornem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0795.992.886
- VAT number
- BE 0795.992.886
- Registered office
- Barelstraat(BOR) 74, 2880 Bornem
- Names & denominations
- BiofuelsCo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2023
- Peppol
- Active · Active since 4 Mar 2025
- Activities · NACE
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten