Financials
Financial year 2025
CARDOLITE SPECIALTY CHEMICALS EUROPE from Gent, company number BE0833642744, closed financial year 2025 with a result of € 651,961 after tax. For that financial year CARDOLITE SPECIALTY CHEMICALS EUROPE recorded revenue of € 29.3 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 679,647 to € 651,961. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 3 million
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 651,961
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 4% 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 € 3 million.
People and assets in 2025
3.8
Average over the fiscal year, from the social balance sheet.
€ 480,375
▲ 1% vs 2024
€ 126,400 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.
€ 8,026
▲ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 9.3 million
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 123 days on average.
€ 893,305
▲ € 808,163 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 30,412,051 | € 29,574,832 | € 29,321,562 | € 29,311,198 | |
| Profit after taxes | € 856,022 | € 455,995 | € 679,647 | € 651,961 | ▼ 4% |
| Equity | € 1,234,560 | € 1,690,555 | € 2,370,202 | € 3,022,163 | ▲ 28% |
| Total debts | € 11,183,388 | € 7,893,910 | € 7,451,689 | € 11,614,747 | ▲ 56% |
| Cash | € 481,392 | € 1,233,008 | € 1,306,516 | € 1,251,754 | ▼ 4% |
| Retained profit | € 1,173,060 | € 1,629,055 | € 2,308,702 | € 2,960,663 | ▲ 28% |
| Bank debt | € 1,406,338 | € 1,356,852 | € 1,420,186 | € 1,296,905 | ▼ 9% |
| Balance sheet total | € 12,417,948 | € 9,584,465 | € 9,821,892 | € 14,636,910 | ▲ 49% |
| Employees (FTE) | 3.5 | 3.8 | 3.8 | 3.8 |
By revenue, CARDOLITE SPECIALTY CHEMICALS EUROPE ranks 11th of 25 companies with main activity “Groothandel in chemische producten voor industrieel gebruik” in East Flanders that publish figures (fiscal year 2025).
Key figures of CARDOLITE SPECIALTY CHEMICALS EUROPE, 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.
Ask about CARDOLITE SPECIALTY CHEMICALS EUROPE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to CARDOLITE SPECIALTY CHEMICALS EUROPE?
What happened at CARDOLITE SPECIALTY CHEMICALS EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Andrew Thomas Bose stepped down as director. NBB
- Timothy Joseph Stonis stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 651,961 (▼ 4% vs 2024). Source: NBB ↗
- Andrew Thomas Bose became a director. NBB
- Timothy Joseph Stonis became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 856,022 profit in 2022 to € 651,961 profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 856,022 profit.
Pays suppliers within 123 days on average.
Management
It owns 100% of AEP POLYMERS SRL itself.
Directors
According to the 2025 annual accounts
Timothy Joseph Stonis
Managing director
since 2024 · until 2030
Andrew Thomas Bose
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Wijmenstraat 21K box 2
9030 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in East Flanders
Same main activity (Groothandel in chemische producten voor industrieel gebruik), 105 active companies in East Flanders, largest first.
€ 144.6 million revenue · 2025 · Gent
€ 104 million revenue · 2026 · Destelbergen
€ 95.2 million revenue · 2025 · Gent
€ 83.5 million revenue · 2025 · Nazareth-De Pinte
€ 76.1 million revenue · 2025 · Merelbeke-Melle
€ 58.4 million revenue · 2025 · Aalter
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- CARDOLITE EUROPE(oprichter) 99.8%
- Timothy Joseph STONIS(oprichter) 0.2%
Details
- Company number
- 0833.642.744
- VAT number
- BE 0833.642.744
- Registered office
- Wijmenstraat 21K bus 2, 9030 Gent
- Names & denominations
- CARDOLITE SPECIALTY CHEMICALS EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2011
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Groothandel in chemische producten voor industrieel gebruik
Groothandel in behang, verf en woningtextiel