Financials
Financial year 2025
OILCO from Saint-Ghislain, company number BE0892207681, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year OILCO recorded revenue of € 9.3 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 1.6 million to € 1.1 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 June 24, 2026.
€ 4.1 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 371
Cash and bank balances on the last day of the fiscal year.
€ 800,000 paid out
70 % of the profit went to the shareholders, mostly to SOTRADIA (100 % of the shares). That is where the money ends up.
People and assets in 2025
32.3
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 9% vs 2024
€ 84,600 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.
€ 893,513
▼ 23% 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.
€ 1.3 million
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 101 days on average.
€ 834,710
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,385,775 | € 8,847,973 | € 9,333,907 | € 9,314,420 | |
| Profit after taxes | € 1,689,044 | € 1,755,070 | € 1,582,067 | € 1,134,964 | ▼ 28% |
| Equity | € 4,675,360 | € 5,738,665 | € 3,796,662 | € 4,103,932 | ▲ 8% |
| Total debts | € 2,119,371 | € 2,877,415 | € 5,635,280 | € 3,235,044 | ▼ 43% |
| Cash | - | - | - | € 371 | |
| Land & buildings | € 375,642 | € 319,754 | € 271,094 | € 246,194 | ▼ 9% |
| Retained profit | € 2,722,764 | € 3,786,068 | € 1,844,065 | € 2,151,336 | ▲ 17% |
| Dividend | € 0 | € 660,000 | € 3,500,000 | € 800,000 | ▼ 77% |
| Bank debt | € 465,292 | € 200,334 | € 79,492 | € 0 | ▼ 100% |
| Balance sheet total | € 7,016,730 | € 8,794,250 | € 9,622,112 | € 7,502,342 | ▼ 22% |
| Employees (FTE) | 29.8 | 30 | 32.2 | 32.3 | ▲ 0.1 |
Key figures of OILCO, 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 OILCO?
What happened at OILCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DEMISAN SPRL stepped down as director. NBB
- Eric Trodoux stepped down as director. NBB
- Jérôme Eloy stepped down as director. NBB
- SPARAXIS SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 28% vs 2024). Source: NBB ↗
- DEMISAN SPRL became a director. NBB
- SPARAXIS SA became a director. NBB
- Eric Trodoux became a director. NBB
In short
From € 1.7 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.8 million profit.
Paid out € 5 million in dividends to the owners in total.
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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 stake of SOTRADIA, WE Environnement, T.W.Z. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OILCOThe shares are held by SOTRADIA (100%), WE Environnement (50%) and T.W.Z. (50%).
Directors
According to the 2025 annual accounts
Director · represented by Regis Vankerkove
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more
since 2022 · until 2028
Managing director · represented by Ivo De Vlieghere
Also active at: RECYCLAGE ET VALORISATION TECHNIQUE, T.W.Z., PCB Decontamination, RECYFUEL, Veolia ES MRC
since 2023 · until 2029
Eric Trodoux
Director
Also active at: Veolia Environmental Services Belux, PCB Decontamination, Veolia Treatment & Recycling BE, RECYFUEL, Slib-en Co - Verwerkings Centrale, AQUIRIS, FILAO, UVELIA
since 2022 · until 2028
Jérôme Eloy
Director
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Croisette(H) 11 box 1
7334 Saint-Ghislain
Rue de la Croisette(H) 11
7334 Saint-Ghislain
Active since 14 September 2007
Centrum-Zuid 3017
3530 Houthalen-Helchteren
Active since 1 January 2015
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
- 0892.207.681
- VAT number
- BE 0892.207.681
- Registered office
- Rue de la Croisette(H) 11 bus 1, 7334 Saint-Ghislain
- Names & denominations
- OILCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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