Financials
Financial year 2025
ICL Belgium (Sales) from Grobbendonk, company number BE0828364756, closed financial year 2025 with a result of € 671,457 after tax. For that financial year ICL Belgium (Sales) recorded revenue of € 3.7 million and equity of € 31.3 million. Compared with financial year 2024, the result moved from € 976,098 to € 671,457. The company is profitable. 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 July 14, 2026.
€ 31.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 671,457
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 133,060
▲ 27% 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 € 30.3 million.
People and assets in 2025
5.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 18% vs 2024
€ 191,800 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.
€ 88,654
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 434,418
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,129,365 | € 3,833,131 | € 3,770,214 | € 3,684,264 | ▼ 2% |
| Profit after taxes | € 136,198 | € 894,340 | € 976,098 | € 671,457 | ▼ 31% |
| Equity | € 28,802,756 | € 29,697,095 | € 30,673,194 | € 31,344,650 | ▲ 2% |
| Total debts | € 1,067,459 | € 1,033,719 | € 889,774 | € 523,072 | ▼ 41% |
| Cash | € 382,499 | € 359,005 | € 104,394 | € 133,060 | ▲ 27% |
| Retained profit | € 27,802,756 | € 28,697,095 | € 29,673,194 | € 30,344,650 | ▲ 2% |
| Balance sheet total | € 29,886,090 | € 30,730,814 | € 31,562,968 | € 31,867,723 | ▲ 1% |
| Employees (FTE) | 4.3 | 5.8 | 6 | 5.9 | ▼ 0.1 |
Key figures of ICL Belgium (Sales), 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 ICL Belgium (Sales)?
What happened at ICL Belgium (Sales) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tihomir Mladenov stepped down as director. NBB
- Eric Auwerx stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 671,457 (▼ 31% vs 2024). Source: NBB ↗
- Tihomir Mladenov became a director. NBB
- Eric Auwerx became a director. NBB
- New establishment in Grobbendonk. KBO
- Start of the company according to the CBE. KBO
In short
From € 136,198 profit in 2022 to € 671,457 profit in 2025.
Paid € 870,460 in corporate taxes since 2022.
Best year ever: 2024, with € 976,098 profit.
Pays suppliers within 10 days on average.
Management
The shares are held by Cleveland Potash Ltd. (100%).
Directors
According to the 2025 annual accounts
Tihomir Mladenov
Director
since 2024 · until 2030
Eric Auwerx
Managing director
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 20
2280 Grobbendonk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0828.364.756
- VAT number
- BE 0828.364.756
- Registered office
- Industrieweg 20, 2280 Grobbendonk
- Names & denominations
- ICL Belgium (Sales)
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Groothandel in kunstmeststoffen en andere agrochemische producten
Holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Overige kredietverstrekking n.e.g.
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
Activiteiten van reclamebureaus
Diverse administratieve activiteiten ten behoeve van kantoren