Financials
Financial year 2025
INEOS MANUFACTURING BELGIUM from Antwerpen, company number BE0869926088, closed financial year 2025 with a result of € 3 million after tax. For that financial year INEOS MANUFACTURING BELGIUM recorded revenue of € 106.2 million and equity of € 174.5 million. Compared with financial year 2024, the result moved from € 48.6 million to € 3 million. 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 8, 2026.
€ 174.5 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3 million
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 173,142
▲ 241% 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 € 58.3 million.
People and assets in 2025
279.4
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 40.3 million
▼ 5% vs 2024
€ 144,300 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.
€ 1.7 million
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 28.2 million
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 170 days on average.
€ 7.4 million
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 167,153,656 | € 110,770,388 | € 108,542,804 | € 106,192,957 | ▼ 2% |
| Profit after taxes | € 3,064,509 | € 5,651,644 | € 48,633,269 | € 3,012,629 | ▼ 94% |
| Equity | € 237,183,006 | € 122,834,650 | € 171,467,919 | € 174,480,548 | ▲ 2% |
| Total debts | € 69,273,621 | € 161,128,728 | € 32,952,355 | € 36,109,546 | ▲ 10% |
| Cash | € 45,659 | € 134,106 | € 50,761 | € 173,142 | ▲ 241% |
| Land & buildings | € 12,863,786 | € 12,693,774 | € 12,132,019 | € 11,254,678 | ▼ 7% |
| Retained profit | € 120,987,153 | € 6,638,797 | € 55,272,066 | € 58,284,694 | ▲ 5% |
| Dividend | € 0 | € 120,000,000 | € 0 | € 0 | |
| Balance sheet total | € 306,753,080 | € 284,273,077 | € 204,826,063 | € 210,974,470 | ▲ 3% |
| Employees (FTE) | 293.9 | 299.1 | 281.1 | 279.4 | ▼ 1.7 |
Key figures of INEOS MANUFACTURING 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 INEOS MANUFACTURING BELGIUM?
What happened at INEOS MANUFACTURING BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Serge Bettonville stepped down as director. NBB
- Mustafa Özlügedik stepped down as director. NBB
- Wim Andries stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3 million (▼ 94% vs 2024). Source: NBB ↗
- Veerle Gonnissen stepped down as director. NBB
- Wim Andries became a director. NBB
- Mustafa Özlügedik became a director. NBB
- Serge Bettonville became a director. NBB
In short
From € 3.1 million profit in 2022 to € 3 million profit in 2025.
Paid € 5.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 48.6 million profit.
Paid out € 120 million in dividends to the owners in total.
A new publication or filing at INEOS MANUFACTURING BELGIUM? We notify you, reason included.
Follow INEOS MANUFACTURING BELGIUMDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The shares are held by INEOS EUROPEAN HOLDINGS LIMITED (100%). It owns 100% of INEOS FELUY itself.
Directors
According to the 2025 annual accounts
Serge Bettonville
Director
since 2022 · until 2027
Mustafa Özlügedik
Director
since 2023 · until 2027
Veerle Gonnissen
Director
since 2021 · until 2025
Wim Andries
Director
since 2025 · until 2027
Shareholders
INEOS EUROPEAN HOLDINGS LIMITED
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Scheldelaan 482
2040 Antwerpen
Amocolaan 2 box A
2440 Geel
Active since 31 December 2004
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0869.926.088
- VAT number
- BE 0869.926.088
- Registered office
- Scheldelaan 482, 2040 Antwerpen
- Names & denominations
- INEOS MANUFACTURING BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2004
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van kunststoffen in primaire vormen