Financials
Financial year 2025
Revenue
€ 860.2 million
▲ 18% vs 2024
Profit
Growing€ 13 million
▲ 368% vs 2024
Debts
High€ 241.8 million
▼ 6% vs 2024
MANUCHAR STEEL from Antwerpen, company number BE0865797353, closed financial year 2025 with a result of € 13 million after tax. For that financial year MANUCHAR STEEL recorded revenue of € 860.2 million and equity of € 16.3 million. Compared with financial year 2024, the result moved from € 2.8 million to € 13 million. 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 July 7, 2026.
What happened at MANUCHAR STEEL?
What happened at MANUCHAR STEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Aykut Özdemir stepped down as director. NBB
- M.D.R. BV stepped down as director. NBB
- Kevin Geybels stepped down as director. NBB
- Barry Collard stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 13 million (▲ 368% vs 2024). Source: NBB ↗
- Aykut Özdemir became a director. NBB
- M.D.R. BV became a director. NBB
- Kevin Geybels became a director. NBB
In short
From € 13 million profit in 2022 to € 13 million profit in 2025.
Paid € 8.8 million in corporate taxes since 2022.
Best year ever: 2022, with € 13 million profit.
Paid out € 51.1 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
The shares are held by Manuchar International Trade Services NV (86.5%) and Aykut Ozdemir (13.5%). It owns 100% of Aceminor, 100% of Manuchar Steel Hong Kong LTD and 100% of Manuchar Steel USA Inc itself.
Directors
According to the 2025 annual accounts
Aykut Özdemir
Director
Owns 13.5% directly
since 2025 · until 2031
since 2018 · until 2028
Director · represented by Matthias De Raeymaeker
Also active at: Manuchar, UNIT ONE, LDI INTERNATIONAL +6 more
since 2025 · until 2031
Kevin Geybels
Director
since 2025 · until 2031
Shareholders
Aykut Ozdemir · director
13.5%
Participations
Aceminor
100%
Manuchar Steel Hong Kong LTD
100%
Manuchar Steel USA Inc
100%
Establishments
Establishment units
Physical locations of this company
Rietschoorvelden 20
2170 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
Manuchar same network
€ 570.5 million revenue · 2025
UNIT ONE same network
€ 90,316 gross margin · 2025
LDI INTERNATIONAL same network
€ 3.1 million gross margin · 2025
MANUCHAR GROUP same network
LSF XI Magpie Finco same network
€ 9,875 gross margin · 2025
+9 more
Details
- Company number
- 0865.797.353
- VAT number
- BE 0865.797.353
- Registered office
- Rietschoorvelden 20, 2170 Antwerpen
- Names & denominations
- MANUCHAR STEEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 2004
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
Groothandel in ijzerwaren