ACTIVE

TotalEnergies Marketing Belgium

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Financial year 2025 · closed on 31/12/2025

Net result

99,9 M €

-85.9% YoY

Revenue

6,1 Md €

-6.3% YoY

Equity

211,4 M €

-0.0% YoY

Workforce

508,7 ETP

-6.1% YoY

What does TotalEnergies Marketing Belgium do?

TotalEnergies Marketing Belgium is a Public limited company incorporated in 1923. Its main activity is: Manufacture of refined petroleum products. Its registered office is in Bruxelles. It employs on average 508,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.063.902

Incorporation

13/12/1923

Legal form

Public limited company

Registered office

Boulevard Anspach 1 box 2
1000 Bruxelles · BruxellesSee on map

Contributed capital

186 109 812,00 €

Latest accounts

31/12/2025

Average workforce

508,7 ETP

Activities (NACE)

19200Manufacture of refined petroleum products· main 19200Manufacture of refined petroleum products 46710Wholesale of solid, liquid and gaseous fuels and related products 46810Wholesale trade, except of motor vehicles and motorcycles 51510Air transport 35140Trade of electricity+5

Joint committees (2)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	6,1 Md €	-6.3%	6,5 Md €	-13.7%	7,5 Md €	-13.9%	8,7 Md €	+50.3%	5,8 Md €	+34.7%	4,3 Md €	-33.3%	6,5 Md €	+1.2%	6,4 Md €	+15.9%	5,5 Md €	+14.3%	4,8 Md €	-11.3%	5,4 Md €	-17.8%	6,6 Md €	-13.1%	7,6 Md €	-8.7%	8,3 Md €	+2.6%	8,1 Md €	+16.3%	7,0 Md €	+24.2%	5,6 Md €	-29.2%	8,0 Md €	+20.7%	6,6 Md €	+6.1%	6,2 Md €
EBITDA	97,4 M €	+45.7%	66,8 M €	+112%	31,5 M €	-65.6%	91,8 M €	+10.0%	83,5 M €	+13.9%	73,3 M €	-16.9%	88,2 M €	-6.8%	94,6 M €	-12.1%	107,7 M €	+21.2%	88,9 M €	+0.4%	88,5 M €	+13.9%	77,8 M €	-20.3%	97,6 M €	-14.7%	114,5 M €	-9.3%	126,2 M €	-2.7%	129,7 M €	+8.4%	119,7 M €	-17.6%	145,2 M €	+60.8%	90,3 M €	+0.7%	89,7 M €
Operating result	87,3 M €	+58.3%	55,2 M €	+262%	15,2 M €	-77.8%	68,5 M €	+12.3%	61,0 M €	+30.2%	46,9 M €	-20.9%	59,3 M €	-4.9%	62,3 M €	-11.8%	70,6 M €	+29.7%	54,4 M €	+0.6%	54,1 M €	+16.3%	46,5 M €	-30.1%	66,6 M €	-21.5%	84,8 M €	-10.6%	94,8 M €	-3.4%	98,2 M €	+10.8%	88,6 M €	-20.3%	111,1 M €	+93.9%	57,3 M €	-3.5%	59,4 M €
Net result	99,9 M €	-85.9%	709,1 M €	+823%	76,8 M €	+27.7%	60,2 M €	-4.0%	62,6 M €	+15.1%	54,4 M €	-7.3%	58,7 M €	-5.7%	62,2 M €	-2.0%	63,5 M €	+15.1%	55,2 M €	+0.7%	54,8 M €	+11.2%	49,3 M €	-14.9%	57,9 M €	-18.1%	70,7 M €	-9.0%	77,7 M €	-0.4%	78,0 M €	-1.3%	79,0 M €	-4.7%	82,9 M €	-2.1%	84,6 M €	-31.8%	124,0 M €
Balance sheet
Equity	211,4 M €	-0.0%	211,4 M €	+0.0%	211,4 M €	-0.1%	211,6 M €	-7.9%	229,7 M €	-0.0%	229,7 M €	-0.0%	229,8 M €	-0.0%	229,8 M €	+0.0%	229,8 M €	-0.0%	229,8 M €	+0.2%	229,4 M €	0.0%	229,4 M €	-20.2%	287,3 M €	+25.3%	229,4 M €	0.0%	229,4 M €	-20.9%	290,0 M €	+36.8%	212,0 M €	-0.0%	212,0 M €	-7.5%	229,1 M €	-81.5%	1,2 Md €
Total assets	852,2 M €	-39.4%	1,4 Md €	+67.4%	839,4 M €	-16.9%	1,0 Md €	+17.8%	858,0 M €	+26.2%	680,0 M €	-8.0%	739,0 M €	+0.8%	732,8 M €	-2.0%	747,4 M €	+4.7%	713,9 M €	+10.7%	644,7 M €	-8.3%	703,4 M €	-15.3%	830,4 M €	-9.6%	918,8 M €	-4.9%	965,7 M €	+8.9%	887,0 M €	+7.1%	828,3 M €	+12.1%	739,2 M €	-13.2%	851,3 M €	-50.0%	1,7 Md €
Cash	358,5 M €	+24.2%	288,7 M €	+72.3%	167,5 M €	-10.1%	186,3 M €	+16.5%	160,0 M €	+59.9%	100,1 M €	-29.1%	141,0 M €	+0.4%	140,5 M €	-3.3%	145,3 M €	+7.2%	135,6 M €	+32.3%	102,5 M €	-23.0%	133,1 M €	+1089%	11,2 M €	+161%	4,3 M €	+28.7%	3,3 M €	+1200%	256,0 k €	-83.5%	1,6 M €	-28.1%	2,2 M €	-51.5%	4,5 M €	+93.6%	2,3 M €
Debts	608,0 M €	-47.6%	1,2 Md €	+95.0%	595,1 M €	-20.9%	752,2 M €	+29.0%	583,2 M €	+45.3%	401,4 M €	-12.8%	460,3 M €	+1.3%	454,2 M €	-3.7%	471,9 M €	+8.3%	435,8 M €	+20.4%	361,9 M €	-13.5%	418,6 M €	-13.9%	485,9 M €	-23.2%	632,8 M €	-6.0%	673,1 M €	+27.3%	528,7 M €	-3.8%	549,4 M €	+24.2%	442,4 M €	-17.2%	534,3 M €	+38.7%	385,3 M €
Other
Workforce	508,7 ETP	-6.1%	541,7 ETP	-10.2%	603,3 ETP	-7.8%	654,1 ETP	+3.9%	629,5 ETP	+2.0%	617,0 ETP	+4.9%	588,0 ETP	-0.2%	589,1 ETP	-1.3%	596,7 ETP	-0.8%	601,8 ETP	-1.2%	609,1 ETP	-1.2%	616,3 ETP	-3.9%	641,1 ETP	-0.7%	645,5 ETP	-2.4%	661,6 ETP	+1.8%	650,0 ETP	-1.8%	661,9 ETP	-1.0%	668,3 ETP	+3.1%	648,2 ETP	+1.5%	638,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 60 ended

Active mandates

Decubber Stéphane

Director · since 01 novembre 2024 · until 09 juin 2028

Active

Pierre Duhot

Director · since 01 novembre 2023 · until 12 juin 2026

Active

Bernadette Spinoy

Director · since 09 juin 2023 · until 12 juin 2026

Active

Guillaume Larroque

Chairman of the board of directors · since 09 juin 2023 · until 12 juin 2026

Active

Xavier Coquel

Director · since 09 juin 2023 · until 01 mai 2025

Active

Ended mandates

Decubber Stéphane

Director · since 01 novembre 2024 · until 12 juin 2028

Ended

Denis Toulouse

Director · since 01 août 2023 · until 01 novembre 2024

Ended

Denis Toulouse

Director · since 01 août 2023 · until 12 juin 2026

Ended

Xavier Coquel

Director · since 09 juin 2023 · until 12 juin 2026

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/06/2026	03/07/2025	13/08/2024	19/06/2023	14/11/2022	18/08/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

40 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/06/2026	25/06/2026	French	PDF
Full model	31/12/2024	13/06/2025	03/07/2025	French	PDF
Full model	31/12/2023	14/06/2024	13/08/2024	French	PDF
Full model	31/12/2022	09/06/2023	19/06/2023	French	PDF
Full modelCorrection	31/12/2021	10/06/2022	14/11/2022	French	PDF
Full modelCorrection	31/12/2021	10/06/2022	14/11/2022	Dutch	PDF
Full model	31/12/2021	10/06/2022	20/06/2022	Dutch	PDF
Full model	31/12/2021	10/06/2022	20/06/2022	French	PDF
Full modelCorrection	31/12/2020	11/06/2021	18/08/2021	Dutch	PDF
Full modelCorrection	31/12/2020	11/06/2021	18/08/2021	French	PDF
Full model	31/12/2020	11/06/2021	21/06/2021	Dutch	PDF
Full model	31/12/2020	11/06/2021	21/06/2021	French	PDF
Full model	31/12/2019	12/06/2020	18/06/2020	French	PDF
Full model	31/12/2019	12/06/2020	18/06/2020	Dutch	PDF
Full model	31/12/2018	14/06/2019	10/07/2019	Dutch	PDF
Full model	31/12/2018	14/06/2019	10/07/2019	French	PDF
Full model	31/12/2017	08/06/2018	20/06/2018	French	PDF
Full model	31/12/2017	08/06/2018	20/06/2018	Dutch	PDF
Full model	31/12/2016	09/06/2017	20/06/2017	French	PDF
Full model	31/12/2016	09/06/2017	20/06/2017	Dutch	PDF
Full model	31/12/2015	10/06/2016	22/06/2016	French	PDF
Full model	31/12/2015	10/06/2016	22/06/2016	Dutch	PDF
Full model	31/12/2014	12/06/2015	25/06/2015	French	PDF
Full model	31/12/2014	12/06/2015	25/06/2015	Dutch	PDF

View all 40 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 60 ended

Active mandates

Decubber Stéphane

Director · since 01 novembre 2024 · until 09 juin 2028

Active

Pierre Duhot

Director · since 01 novembre 2023 · until 12 juin 2026

Active

Bernadette Spinoy

Director · since 09 juin 2023 · until 12 juin 2026

Active

Guillaume Larroque

Chairman of the board of directors · since 09 juin 2023 · until 12 juin 2026

Active

Xavier Coquel

Director · since 09 juin 2023 · until 01 mai 2025

Active

Ended mandates

Decubber Stéphane

Director · since 01 novembre 2024 · until 12 juin 2028

Ended

Denis Toulouse

Director · since 01 août 2023 · until 01 novembre 2024

Ended

Denis Toulouse

Director · since 01 août 2023 · until 12 juin 2026

Ended

Xavier Coquel

Director · since 09 juin 2023 · until 12 juin 2026

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other29/04/2026
DIVERS
PDF
Other29/04/2026
DIVERSEN
PDF
Mandates12/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/01/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring26/09/2024
DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/09/2024
OBJET - CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates12/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates07/12/2023
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202599,9 M €↓
13/06/2025
reconductionSRL PricewaterhouseCoopers Bedrijfsrevisoren-Reviseur d'Entreprises — commissaire
2024
Annual accounts 2024709,1 M €↑
01/11/2024
nominationStéphane DECUBBER — administrateur
01/07/2024
apport
01/06/2024
nominationRomain FAVROT — Directeur de la division Administration Finances, Systèmes d'information & Achats
01/05/2024
nominationTom VANSTEENKISTE — Directeur Mobility & New Energies
01/01/2024
nominationGeert HOUBRECHTS — Directeur Commercial Sales
01/01/2024
nominationLaurent STOUFFE — Directeur Marketing & Business Development
01/01/2024
nominationOlivier BONTE — Directeur Supply & Logistics
01/01/2024
nominationMarc SEMINCK — Directeur Lubricants & Specialities
2023
Annual accounts 202376,8 M €↑
01/11/2023
nominationPierre DUHOT — administrateur
01/11/2023
nominationGitte VAN DE KERKHOF — Directrice HR & Legal
01/11/2023
nominationEls DEPRAETERE — Directrice HSEQ
09/06/2023
reconductionBernadette SPINOY — administrateur
09/06/2023
reconductionGuillaume LARROQUE — administrateur
09/06/2023
reconductionPhilippe CHARLEUX — administrateur
09/06/2023
reconductionAntoine LEQUEN — administrateur
09/06/2023
nominationXavier COQUEL — administrateur
2022
Annual accounts 202260,2 M €↓
10/06/2022
reconductionAntoine LEQUEN — bestuurder
10/06/2022
reconductionAntoine LEQUEN — administrateur
10/06/2022
nominationPricewaterhouseCoopers Bedrijfsrevisoren-Reviseur d'Entreprises — commissaire
27/04/2022
nominationLaurent VEYRUNES — bestuurder
27/04/2022
nominationLaurent VEYRUNES — administrateur
01/03/2022
nominationKristof VERMEIRE — Directeur Usine de Schoten
01/03/2022
nominationKristof VERMEIRE — Directeur Fabriek Schoten
01/02/2022
nominationFilip VAN DE VYVER — Directeur Usine d'Ertvelde
01/02/2022
nominationFilip VAN DE VYVER — Directeur Fabriek Ertvelde
2021
Annual accounts 202162,6 M €↑
2021
Name changeTotalEnergies Marketing Belgium
2020
Annual accounts 202054,4 M €↓
2019
Annual accounts 201958,7 M €↓
2018
Annual accounts 201862,2 M €↓
2017
Annual accounts 201763,5 M €↑
2016
Annual accounts 201655,2 M €↑
2015
Annual accounts 201554,8 M €↑
2014
Annual accounts 201449,3 M €↓
2013
Annual accounts 201357,9 M €↓
2012
Annual accounts 201270,7 M €↓
2011
Annual accounts 201177,7 M €↓
2010
Annual accounts 201078,0 M €↓
2009
Annual accounts 200979,0 M €↓
2008
Annual accounts 200882,9 M €↓
2007
Annual accounts 200784,6 M €↓
2006
Annual accounts 2006124,0 M €
2006
Name changeTOTAL BELGIUM
13/12/1923
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TotalEnergies Marketing Belgium

Overview

What does TotalEnergies Marketing Belgium do?

Trend over 20 financial years

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