Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 106.2 to 91.1.
Financials
Financial year 2025
ANTARGAZ BELGIUM from Machelen (Brab.), company number BE0881334278, closed financial year 2025 with a result of € 6.7 million after tax. For that financial year ANTARGAZ BELGIUM recorded revenue of € 92.3 million and equity of € 26.3 million. Compared with financial year 2024, the result moved from € 5.3 million to € 6.7 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 19, 2026.
€ 26.3 million
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.7 million
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 503,774
▲ 87% 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 € 19.9 million.
People and assets in 2025
91.1
▼ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 12.7 million
▲ 9% vs 2024
€ 138,900 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.
€ 52,160
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37.3 million
Loans from banks and other lenders, long and short.
€ 7.8 million
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 4.3 million
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 259,328,071 | € 153,724,895 | € 87,455,165 | € 92,264,936 | ▲ 5% |
| Profit after taxes | € -5,772,661 | € 1,526,805 | € 5,316,761 | € 6,720,871 | ▲ 26% |
| Equity | € 18,046,310 | € 19,573,115 | € 19,573,115 | € 26,293,986 | ▲ 34% |
| Total debts | € 123,113,520 | € 74,557,025 | € 84,705,052 | € 74,263,711 | ▼ 12% |
| Cash | € 3,367,462 | € 2,410,110 | € 269,742 | € 503,774 | ▲ 87% |
| Land & buildings | € 454,787 | € 443,315 | € 429,110 | € 434,638 | ▲ 1% |
| Retained profit | € 11,618,323 | € 13,145,128 | € 13,145,128 | € 19,865,999 | ▲ 51% |
| Dividend | € 0 | € 0 | € 5,316,761 | € 0 | ▼ 100% |
| Bank debt | € 37,320,232 | € 37,320,232 | € 37,320,232 | € 37,320,232 | |
| Balance sheet total | € 141,231,667 | € 94,648,397 | € 105,511,187 | € 100,634,197 | ▼ 5% |
| Employees (FTE) | 112.1 | 106.2 | 94 | 91.1 | ▼ 2.9 |
Key figures of ANTARGAZ 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 30 April 2027.
What happened to ANTARGAZ BELGIUM?
What happened at ANTARGAZ BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Filiz Benoel stepped down as director. NBB
- Julie Fazio Vanderborght stepped down as director. NBB
- Kathleen Rodes stepped down as director. NBB
- Kristof Laenen stepped down as director. NBB
- Mathieu Baquet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.7 million (▲ 26% vs 2024). Source: NBB ↗
- Filiz Benoel became a director. NBB
- Julie Fazio Vanderborght became a director. NBB
In short
From € 5.8 million loss in 2022 to € 6.7 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2025, with € 6.7 million profit.
Paid out € 5.3 million in dividends to the owners in total.
A new publication or filing at ANTARGAZ BELGIUM? We notify you, reason included.
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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
The shares are held by UGI FRANCE SAS (100%). It owns 100% of Antargaz Luxembourg, 100% of Gasbotlling, 100% of Antargaz BV and 100% of Energysud itself.
Directors
According to the 2025 annual accounts
Filiz Benoel
Director
since 2025 · until 2031
Julie Fazio Vanderborght
Director
since 2025 · until 2031
Kathleen Rodes
Director
since 2025 · until 2031
Kristof Laenen
Director
since 2025 · until 2031
since 2025 · until 2031
Shareholders
UGI FRANCE SAS
100%
Participations
Establishments
Establishment units
Physical locations of this company
Woluwelaan 135
1831 Machelen (Brab.)
Route de Gérasa 10
6723 Habay
Active since 12 May 2006
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0881.334.278
- VAT number
- BE 0881.334.278
- Registered office
- Woluwelaan 135, 1831 Machelen (Brab.)
- Names & denominations
- ANTARGAZ BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2006
- Peppol
- Active · Active since 29 Dec 2025
- Contact
- antargaz.be [email protected] 022460000
- Activities · NACE
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten