ACTIVE

TotalEnergies Marketing Belgium

Financial year 2025 · Closed on 31/12/2025

Net result99,9 M €-85,9 %over 1 year
Revenue6,1 Md €-6,3 %over 1 year
Equity211,4 M €-0,0 %over 1 year
Workforce508,7 ETP-6,1 %over 1 year

Identity

Source · BCE/KBO

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
Joint committees (2)
  • 117
  • 211
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue6,1 Md €6,5 Md €7,5 Md €8,7 Md €5,8 Md €
EBITDA97,4 M €66,8 M €31,5 M €91,8 M €83,5 M €
Operating result87,3 M €55,2 M €15,2 M €68,5 M €61 M €
Net result99,9 M €709,1 M €76,8 M €60,2 M €62,6 M €
Balance sheet
Equity211,4 M €211,4 M €211,4 M €211,6 M €229,7 M €
Total assets852,2 M €1,4 Md €839,4 M €1 Md €858 M €
Cash358,5 M €288,7 M €167,5 M €186,3 M €160 M €
Debts608 M €1,2 Md €595,1 M €752,2 M €583,2 M €
Other
Workforce508,7 ETP541,7 ETP603,3 ETP654,1 ETP629,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 19 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Decubber Stéphane
Director01/11/2024 → 12/06/2028
Pierre Duhot
Director01/11/2023 → 12/06/2026
Bernadette Spinoy
Director01/10/2018 → 12/06/2026
Guillaume Larroque
Chairman of the board of directors19/11/2021 → 12/06/2026
Xavier Coquel
Director09/06/2023 → 12/06/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Denis Toulouse
Director01/08/2023 → 12/06/2026
Laurent Veyrunes
Director27/04/2022 → 09/06/2023
Frederic Desan
Director01/09/2020 → 27/04/2022

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/06/202603/07/202513/08/202419/06/202314/11/202218/08/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/06/202625/06/2026FrenchPDF
Full model31/12/202413/06/202503/07/2025FrenchPDF
Full model31/12/202314/06/202413/08/2024FrenchPDF
Full model31/12/202209/06/202319/06/2023FrenchPDF
Full modelCorrection31/12/202110/06/202214/11/2022FrenchPDF
Full modelCorrection31/12/202110/06/202214/11/2022DutchPDF
Full model31/12/202110/06/202220/06/2022DutchPDF
Full model31/12/202110/06/202220/06/2022FrenchPDF
Full modelCorrection31/12/202011/06/202118/08/2021DutchPDF
Full modelCorrection31/12/202011/06/202118/08/2021FrenchPDF
Full model31/12/202011/06/202121/06/2021DutchPDF
Full model31/12/202011/06/202121/06/2021FrenchPDF
Full model31/12/201912/06/202018/06/2020FrenchPDF
Full model31/12/201912/06/202018/06/2020DutchPDF
Full model31/12/201814/06/201910/07/2019DutchPDF
Full model31/12/201814/06/201910/07/2019FrenchPDF
Full model31/12/201708/06/201820/06/2018FrenchPDF
Full model31/12/201708/06/201820/06/2018DutchPDF
Full model31/12/201609/06/201720/06/2017FrenchPDF
Full model31/12/201609/06/201720/06/2017DutchPDF
Full model31/12/201510/06/201622/06/2016FrenchPDF
Full model31/12/201510/06/201622/06/2016DutchPDF
Full model31/12/201412/06/201525/06/2015FrenchPDF
Full model31/12/201412/06/201525/06/2015DutchPDF
Full model31/12/201313/06/201426/06/2014FrenchPDF
Full model31/12/201313/06/201426/06/2014DutchPDF
Full model31/12/201214/06/201305/08/2013FrenchPDF
Full model31/12/201214/06/201305/08/2013DutchPDF
Full model31/12/201108/06/201218/06/2012FrenchPDF
Full model31/12/201108/06/201218/06/2012DutchPDF
Full model31/12/201010/06/201121/06/2011DutchPDF
Full model31/12/201010/06/201121/06/2011FrenchPDF
Full model31/12/200911/06/201023/06/2010FrenchPDF
Full model31/12/200911/06/201023/06/2010DutchPDF
Full model31/12/200812/06/200924/06/2009DutchPDF
Full model31/12/200812/06/200924/06/2009FrenchPDF
Full model31/12/200713/06/200827/06/2008DutchPDF
Full model31/12/200713/06/200827/06/2008FrenchPDF
Full model31/12/200608/06/200703/07/2007FrenchPDF
Full model31/12/200608/06/200703/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 19 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Decubber Stéphane
Director01/11/2024 → 12/06/2028
Pierre Duhot
Director01/11/2023 → 12/06/2026
Bernadette Spinoy
Director01/10/2018 → 12/06/2026
Guillaume Larroque
Chairman of the board of directors19/11/2021 → 12/06/2026
Xavier Coquel
Director09/06/2023 → 12/06/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Denis Toulouse
Director01/08/2023 → 12/06/2026
Laurent Veyrunes
Director27/04/2022 → 09/06/2023
Frederic Desan
Director01/09/2020 → 27/04/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2026
    A) Renouvellement de mandat d'un Administrateur
    PDF
  • 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

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1923
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Decubber Stéphane
Pierre Duhot
Bernadette Spinoy
Guillaume Larroque
Xavier Coquel
Denis Toulouse
Laurent Veyrunes
Frederic Desan
Antoine Lequen
Isabelle Gaildraud
Jean-Cédric Raffin
Philippe Charleux
and 12 more mandates
196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
TotalEnergies Marketing BelgiumTOTAL BELGIUM
Boulevard Anspach 1 bte 2, 1000 Brussels
Director
Director
Director
Chairman of the board of directors
Director
Director
Director
Director
Chairman of the board of directors
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard Anspach 1 bte 2, 1000 BrusselsCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00205628
Rue du Commerce 93, 1040 Etterbeek
accounts 2021
Accounts 2021 · 2022-20087435

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
TotalEnergies Marketing BelgiumCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00205628
TOTAL BELGIUM
accounts 2006 → 2020
Accounts 2020 · 2021-50000534

Events

  1. 2025
    Annual accounts 202599,9 M €↓
  2. 13/06/2025
    reconductionSRL PricewaterhouseCoopers Bedrijfsrevisoren-Reviseur d'Entreprises · commissaire
  3. 2024
    Annual accounts 2024709,1 M €↑
  4. 01/11/2024
    nominationStéphane DECUBBER · administrateur
  5. 01/07/2024
    apport
  6. 01/06/2024
    nominationRomain FAVROT · Directeur de la division Administration Finances, Systèmes d'information & Achats
  7. 01/05/2024
    nominationTom VANSTEENKISTE · Directeur Mobility & New Energies
  8. 01/01/2024
    nominationGeert HOUBRECHTS · Directeur Commercial Sales
  9. 01/01/2024
    nominationLaurent STOUFFE · Directeur Marketing & Business Development
  10. 01/01/2024
    nominationOlivier BONTE · Directeur Supply & Logistics
  11. 01/01/2024
    nominationMarc SEMINCK · Directeur Lubricants & Specialities
  12. 2023
    Annual accounts 202376,8 M €↑
  13. 01/11/2023
    nominationPierre DUHOT · administrateur
  14. 01/11/2023
    nominationGitte VAN DE KERKHOF · Directrice HR & Legal
  15. 01/11/2023
    nominationEls DEPRAETERE · Directrice HSEQ
  16. 09/06/2023
    reconductionBernadette SPINOY · administrateur
  17. 09/06/2023
    reconductionGuillaume LARROQUE · administrateur
  18. 09/06/2023
    reconductionPhilippe CHARLEUX · administrateur
  19. 09/06/2023
    reconductionAntoine LEQUEN · administrateur
  20. 09/06/2023
    nominationXavier COQUEL · administrateur
  21. 2022
    Annual accounts 202260,2 M €↓
  22. 10/06/2022
    reconductionAntoine LEQUEN · bestuurder
  23. 10/06/2022
    reconductionAntoine LEQUEN · administrateur
  24. 10/06/2022
    nominationPricewaterhouseCoopers Bedrijfsrevisoren-Reviseur d'Entreprises · commissaire
  25. 27/04/2022
    nominationLaurent VEYRUNES · bestuurder
  26. 27/04/2022
    nominationLaurent VEYRUNES · administrateur
  27. 01/03/2022
    nominationKristof VERMEIRE · Directeur Usine de Schoten
  28. 01/03/2022
    nominationKristof VERMEIRE · Directeur Fabriek Schoten
  29. 01/02/2022
    nominationFilip VAN DE VYVER · Directeur Usine d'Ertvelde
  30. 01/02/2022
    nominationFilip VAN DE VYVER · Directeur Fabriek Ertvelde
  31. 2021
    Annual accounts 202162,6 M €↑
  32. 2021
    Name changeTotalEnergies Marketing Belgium
  33. 2020
    Annual accounts 202054,4 M €↓
  34. 2019
    Annual accounts 201958,7 M €↓
  35. 2018
    Annual accounts 201862,2 M €↓
  36. 2017
    Annual accounts 201763,5 M €↑
  37. 2016
    Annual accounts 201655,2 M €↑
  38. 2015
    Annual accounts 201554,8 M €↑
  39. 2014
    Annual accounts 201449,3 M €↓
  40. 2013
    Annual accounts 201357,9 M €↓
  41. 2012
    Annual accounts 201270,7 M €↓
  42. 2011
    Annual accounts 201177,7 M €↓
  43. 2010
    Annual accounts 201078 M €↓
  44. 2009
    Annual accounts 200979 M €↓
  45. 2008
    Annual accounts 200882,9 M €↓
  46. 2007
    Annual accounts 200784,6 M €↓
  47. 2006
    Annual accounts 2006124 M €
  48. 13/12/1923
    IncorporationPublic limited company