ACTIVE

Belgian Shell

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Financial year 2023 · Closed on 31/12/2023

Net result10,9 M €

Revenue2,2 Md €

Equity97,7 M €

Workforce199,0 ETP

Identity

Source · BCE/KBO

Belgian Shell is a Public limited company incorporated in 1919. Its main activity is: Wholesale of solid, liquid and gaseous fuels and related products. Its registered office is in Bruxelles. It employs on average 199,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0403.048.262
Incorporation: 04/03/1919
Legal form: Public limited company
Registered office: Cantersteen 47
1000 Bruxelles · BruxellesSee on map
Contributed capital: 83 588 163,87 €
Latest accounts: 31/12/2023
Average workforce: 199,0 ETP

Activities (NACE)

46710Wholesale of solid, liquid and gaseous fuels and related products· main 46810Wholesale trade, except of motor vehicles and motorcycles 51510Air transport

Joint committees (4)

100
10201
117
211

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 74 filings

Trend over 1 financial year

	2023
Income statement
Revenue	2,2 Md €
EBITDA	36,5 M €
Operating result	23,5 M €
Net result	10,9 M €
Balance sheet
Equity	97,7 M €
Total assets	343,1 M €
Cash	58,2 M €
Debts	233,1 M €
Other
Workforce	199,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

3 active

Active mandates

Benoit Lefebvre

Director · since 25 avril 2023 · until 23 mai 2024

Active

Moerenhout Ilse

Director · since 25 avril 2023 · until 23 mai 2024

Active

Vaessen Christophe

Director · since 25 avril 2023 · until 23 mai 2024

Active

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Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/06/2025	26/06/2024	13/06/2023	18/05/2022	28/05/2021	01/10/2020
General meeting	27/05/2025	30/05/2024	25/04/2023	19/04/2022	27/04/2021	28/04/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 74 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	27/05/2025	27/06/2025	Dutch	PDF
Full model	31/12/2024	27/05/2025	18/06/2025	French	PDF
Full modelCorrection	31/12/2023	30/05/2024	29/08/2024	Dutch	PDF
Full modelCorrection	31/12/2023	30/05/2024	29/08/2024	French	PDF
Full model	31/12/2023	30/05/2024	26/06/2024	French	PDF
Full model	31/12/2023	30/05/2024	26/06/2024	Dutch	PDF
Full model	31/12/2022	25/04/2023	13/06/2023	French	PDF
Full model	31/12/2022	25/04/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	19/04/2022	18/05/2022	Dutch	PDF
Full model	31/12/2021	19/04/2022	18/05/2022	French	PDF
Full model	31/12/2020	27/04/2021	28/05/2021	French	PDF
Full model	31/12/2019	28/04/2020	01/10/2020	French	PDF
Full model	31/12/2018	23/04/2019	20/06/2019	French	PDF
Full model	31/12/2017	24/04/2018	13/07/2018	French	PDF
Full model	31/12/2016	25/04/2017	05/09/2017	French	PDF
Full model	31/12/2015	26/04/2016	27/05/2016	French	PDF
Full model	31/12/2014	28/04/2015	12/06/2015	French	PDF
Full model	31/12/2013	22/04/2014	02/06/2014	French	PDF
Full model	31/12/2012	23/04/2013	12/07/2013	French	PDF
Full model	31/12/2011	24/04/2012	05/06/2012	French	PDF
Full model	31/12/2010	26/04/2011	24/06/2011	French	PDF
Full model	31/12/2009	27/04/2010	08/06/2010	French	PDF
Full model	31/12/2008	28/04/2009	01/07/2009	Dutch	PDF
Full model	31/12/2007	08/04/2008	16/05/2008	French	PDF
Full model	31/12/2006	10/04/2007	27/04/2007	French	PDF
Full model	31/12/2005	11/04/2006	27/06/2006	French	PDF
Full model	31/12/2004	12/04/2005	29/06/2005	French	PDF
Full model	31/12/2003	13/04/2004	22/09/2004	French	PDF
Full model	31/12/2002	08/04/2003	27/06/2003	French	PDF
Full model	31/12/2001	09/04/2002	27/06/2002	French	PDF
Full model	31/12/2000	10/04/2001	10/05/2001	Dutch	PDF
Full model	31/12/2000	10/04/2001	10/05/2001	French	PDF
Full model	31/12/1999	30/06/2000	27/07/2000	Dutch	PDF
Full model	31/12/1999	30/06/2000	27/07/2000	French	PDF
Consolidated accounts	31/12/1999	30/06/2000	07/08/2000	Dutch	PDF
Full model	31/12/1998	04/05/1999	07/07/1999	Dutch	PDF
Full model	31/12/1998	04/05/1999	07/07/1999	French	PDF
Full model	31/12/1997	14/04/1998	20/05/1998	Dutch	—
Full model	31/12/1997	14/04/1998	20/05/1998	French	—
Full model	31/12/1996	08/04/1997	12/05/1997	Dutch	—
Full model	31/12/1996	08/04/1997	12/05/1997	French	—
Full model	31/12/1995	07/05/1996	27/06/1996	French	—
Full model	31/12/1995	07/05/1996	27/06/1996	Dutch	—
Full model	31/12/1994	02/05/1995	29/06/1995	Dutch	—
Full model	31/12/1994	02/05/1995	29/06/1995	French	—
Full model	31/12/1993	03/05/1994	09/06/1994	French	—
Full model	31/12/1993	03/05/1994	09/06/1994	Dutch	—
Full model	31/12/1992	04/05/1993	30/06/1993	Dutch	—
Full model	31/12/1992	04/05/1993	30/06/1993	French	—
Full model	31/12/1991	05/05/1992	09/06/1992	French	—
Full model	31/12/1990	26/06/1991	26/06/1991	Dutch	—
Full model	31/12/1990	07/05/1991	26/06/1991	French	—
Full model	31/12/1989	30/04/1990	13/06/1990	French	—
Full model	31/12/1989	30/04/1990	13/06/1990	Dutch	—
Full model	31/12/1988	02/05/1989	05/06/1989	French	—
Full model	31/12/1987	03/05/1988	02/06/1988	French	—
m930-p	31/12/1986	19/05/1987	23/06/1987	French	—
m930-p	31/12/1985	06/05/1986	10/06/1986	French	—
m930-p	31/12/1984	06/05/1985	23/05/1985	French	—
m930-p	31/12/1984	06/05/1985	23/05/1985	Dutch	—
m903-p	31/12/1983	02/05/1984	21/05/1984	Dutch	—
m903-p	31/12/1983	02/05/1984	21/05/1984	French	—
m903-p	31/12/1982	03/05/1983	17/05/1983	Dutch	—
m903-p	31/12/1982	03/05/1983	17/05/1983	French	—
m903-p	31/12/1981	04/05/1982	06/05/1982	French	—
m903-p	31/12/1981	04/05/1982	06/05/1982	Dutch	—
m903-p	31/12/1980	01/01/9999	13/05/1981	Dutch	—
m903-p	31/12/1980	01/01/9999	13/05/1981	French	—
m903-p	31/12/1979	01/01/9999	20/05/1980	French	—
m903-p	31/12/1979	01/01/9999	20/05/1980	Dutch	—
m903-p	31/12/1978	01/01/9999	10/05/1979	French	—
m903-p	31/12/1978	01/01/9999	10/05/1979	Dutch	—
m903-p	31/12/1977	01/01/9999	31/05/1978	Dutch	—
m903-p	31/12/1977	01/01/9999	31/05/1978	French	—

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2023

3 active

Active mandates

Benoit Lefebvre

Director · since 25 avril 2023 · until 23 mai 2024

Active

Moerenhout Ilse

Director · since 25 avril 2023 · until 23 mai 2024

Active

Vaessen Christophe

Director · since 25 avril 2023 · until 23 mai 2024

Active

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates07/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates04/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2024
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

01/07/2025
nominationTim Goyvaerts — bestuurder
01/07/2025
nominationTim Goyvaerts — administrateur
27/05/2025
reconductionJannes Colaert — administrateur
27/05/2025
reconductionBenoît Lefebvre — administrateur
27/05/2025
reconductionIlse Moerenhout — administrateur
27/05/2025
reconductionEY Réviseurs d'Entreprises SRL — commissaire
27/05/2025
nominationJannes Colaert — gedelegeerd bestuurder
27/05/2025
reconductionJannes Colaert — administrateur-délégué
27/05/2025
reconductionJannes Colaert — bestuurder
27/05/2025
reconductionBenoît Lefebvre — bestuurder
27/05/2025
reconductionIlse Moerenhout — bestuurder
27/05/2025
reconductionEY Réviseurs d'Entreprises SRL — commissaris
01/12/2024
nominationJannes Colaert — bestuurder
01/12/2024
nominationJannes Colaert — administrateur
25/06/2024
reconductionChristophe Vaessen — gedelegeerd bestuurder
25/06/2024
nominationChristophe Vaessen — administrateur-délégué
30/05/2024
reconductionChristophe Vaessen — bestuurder
30/05/2024
reconductionBenoît Lefebvre — bestuurder
30/05/2024
reconductionIlse Moerenhout — bestuurder
30/05/2024
reconductionChristophe Vaessen — administrateur
30/05/2024
reconductionBenoît Lefebvre — administrateur
30/05/2024
reconductionIlse Moerenhout — administrateur
29/02/2024
nominationFilip Simpelaere — vaste vertegenwoordiger van de commissaris
29/02/2024
nominationFilip Simpelaere — représentant permanent du commissaire
2023
Annual accounts 202310,9 M €
25/04/2023
reconductionChristophe Vaessen — administrateur
25/04/2023
reconductionBenoît Lefebvre — administrateur
25/04/2023
reconductionlise Morenhout — administrateur
25/04/2023
reconductionChristophe Vaessen — bestuurder
25/04/2023
reconductionBenoît Lefebvre — bestuurder
25/04/2023
reconductionIlse Moerenhout — bestuurder
19/04/2022
reconductionEmmanuel Mignot — bestuurder
19/04/2022
reconductionBenoît Lefebvre — bestuurder
19/04/2022
reconductionlise Moerenhoutte — bestuurder
19/04/2022
nominationEmmanuel Mignot — administrateur
19/04/2022
nominationBenoît Lefebvre — administrateur
19/04/2022
nominationIse Moerenhout — administrateur
04/03/1919
IncorporationPublic limited company

Belgian Shell

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline