ACTIVE

TotalEnergies Petrochemicals & Refining

Financial year 2025 · closed on 31/12/2025
Net result
162,3 M €
-21.6% YoY
Revenue
15,5 Md €
-17.1% YoY
Equity
4,7 Md €
+0.0% YoY
Workforce
352,8 ETP
-4.2% YoY

What does TotalEnergies Petrochemicals & Refining do?

TotalEnergies Petrochemicals & Refining is a Public limited company incorporated in 1920. Its registered office is in Bruxelles. It employs on average 352,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.079.441
Incorporation
25/02/1920
Legal form
Public limited company
Registered office
Boulevard Anspach 1 box 2
1000 Bruxelles · BruxellesSee on map
Contributed capital
1 793 741 182,22 €
Latest accounts
31/12/2025
Average workforce
352,8 ETP
Joint committees (2)
  • 211
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201720162015201420132012201120102009200820072006
Income statement
Revenue15,5 Md €18,7 Md €20,4 Md €26,0 Md €16,8 Md €15,9 Md €13,0 Md €16,2 Md €23,7 Md €26,8 Md €29,0 Md €26,4 Md €20,9 Md €14,4 Md €23,7 Md €20,6 Md €20,3 Md €
EBITDA-39,6 M €-22,2 M €421,8 M €822,2 M €105,0 M €443,7 M €429,2 M €646,1 M €-30,0 M €-39,4 M €34,8 M €-167,4 M €91,4 M €-327,4 M €289,9 M €403,5 M €396,4 M €
Operating result-41,6 M €-22,5 M €425,1 M €829,2 M €100,3 M €442,0 M €476,6 M €589,4 M €-13,9 M €-75,9 M €34,6 M €-178,6 M €78,8 M €-317,1 M €267,8 M €404,8 M €386,7 M €
Net result162,3 M €207,0 M €512,6 M €738,7 M €178,5 M €360,2 M €443,0 M €541,0 M €-65,9 M €-139,9 M €1,2 Md €-267,7 M €31,5 M €-221,6 M €103,1 M €708,9 M €1,9 Md €
Balance sheet
Equity4,7 Md €4,7 Md €7,2 Md €7,2 Md €8,2 Md €6,8 Md €6,5 Md €6,0 Md €5,5 Md €5,6 Md €5,7 Md €4,5 Md €4,8 Md €4,8 Md €5,2 Md €5,9 Md €6,1 Md €
Total assets6,3 Md €6,6 Md €9,5 Md €10,6 Md €10,1 Md €12,7 Md €12,4 Md €11,9 Md €12,1 Md €14,1 Md €14,4 Md €14,6 Md €14,2 Md €13,6 Md €13,2 Md €14,7 Md €14,0 Md €
Cash1,6 Md €1,8 Md €4,6 Md €5,3 Md €5,1 Md €975,1 M €690,4 M €11,3 M €125,9 M €200,6 k €278,6 k €168,0 k €140,2 k €714,5 k €444,5 k €321,7 k €
Debts1,6 Md €1,9 Md €2,2 Md €3,3 Md €1,8 Md €5,8 Md €5,8 Md €5,8 Md €6,6 Md €8,5 Md €8,6 Md €10,1 Md €9,3 Md €8,8 Md €7,9 Md €8,6 Md €7,9 Md €
Other
Workforce352,8 ETP368,3 ETP384,1 ETP391,4 ETP420,6 ETP460,2 ETP470,2 ETP512,8 ETP534,3 ETP539,6 ETP534,5 ETP571,7 ETP584,1 ETP551,1 ETP561,8 ETP553,0 ETP550,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 74 ended

Active mandates

Thomas Maurisse

Director · since 06 avril 2026 · until 26 juin 2026

Active
Stéphane DARRASSE

Director · since 01 octobre 2025 · until 26 juin 2026

Active
Matthieu GOT

Director · since 01 février 2025 · until 26 juin 2026

Active
Vincent STOQUART

Chairman of the board of directors · since 01 septembre 2024 · until 26 juin 2026

Active
Isabelle ROY

Director · since 03 janvier 2022 · until 26 juin 2026

Active
Jean-Marc DURAND

Director · since 01 septembre 2021 · until 06 avril 2026

Active

Ended mandates

Isabelle KIEFFER

Director · since 01 avril 2022 · until 23 juin 2023

Ended
Isabelle KIEFFER

Director · since 01 avril 2022 · until 26 juin 2026

Ended
Isabelle ROY

Director · since 03 janvier 2022 · until 23 juin 2023

Ended
Jean-Marc DURAND

Director · since 01 septembre 2021 · until 23 juin 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
ACTISOCActive
0814.787.726
ANCIEN DEWFINLiquidation
0424.890.682
0414.384.691
ARISTEAActive
0460.156.518
AS 24 - BELGIUMActive
0437.971.826
0768.603.650
BELLA VITAActive
0890.019.738
0759.908.985
BEYAERTActive
0837.807.014
0837.797.314
bpostActive
0214.596.464
bpostgroupActive
1011.508.674
0874.491.622
0409.077.803
0409.196.874
CERTIPOSTActive
0475.396.406
CITYZEN HOLDINGActive
0721.884.985
CITYZEN HOTELActive
0721.520.444
CITYZEN OFFICEActive
0721.520.840
0721.520.642
Annual accounts

Full financial information

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 date29/06/202630/06/202509/07/202411/07/202312/10/202213/07/2021
General meeting26/06/202627/06/202528/06/202423/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

58 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202629/06/2026FrenchPDF
Full model31/12/202427/06/202530/06/2025FrenchPDF
Full model31/12/202328/06/202409/07/2024FrenchPDF
Full model31/12/202223/06/202311/07/2023FrenchPDF
Full modelCorrection31/12/202124/06/202212/10/2022FrenchPDF
Full model31/12/202124/06/202215/07/2022FrenchPDF
Full model31/12/202025/06/202113/07/2021FrenchPDF
Full model31/12/201926/06/202010/07/2020FrenchPDF
Full model31/12/201828/06/201916/07/2019FrenchPDF
Full model31/12/201722/06/201812/07/2018FrenchPDF
Full model31/12/201623/06/201729/06/2017FrenchPDF
Full model31/12/201524/06/201611/07/2016FrenchPDF
Full model31/12/201426/06/201516/07/2015FrenchPDF
Full model31/12/201327/06/201401/07/2014FrenchPDF
Full model31/12/201228/06/201322/07/2013FrenchPDF
Full model31/12/201122/06/201217/07/2012FrenchPDF
Full model31/12/201024/06/201112/07/2011FrenchPDF
Full model31/12/200923/06/201016/07/2010FrenchPDF
Full model31/12/200826/06/200929/06/2009FrenchPDF
Full model31/12/200727/06/200814/07/2008FrenchPDF
Full model31/12/200622/06/200711/07/2007FrenchPDF
Full model31/12/200523/06/200626/07/2006FrenchPDF
Full model31/12/200413/05/200510/06/2005FrenchPDF
Full model31/12/200317/05/200428/05/2004FrenchPDF
Full model31/12/200209/05/200306/06/2003FrenchPDF
Full model31/12/200113/05/200212/06/2002FrenchPDF
Full model31/12/200011/05/200114/06/2001FrenchPDF
m905-p31/12/199912/05/200009/06/2000FrenchPDF
m120-f-p31/12/199817/05/199916/06/1999FrenchPDF
m905-p31/12/199817/05/199916/06/1999FrenchPDF
m120-f-p31/12/199708/05/199809/06/1998French
m905-p31/12/199708/05/199828/05/1998French
m905-p31/12/199612/05/199710/06/1997French
m120-f-p31/12/199612/05/199709/06/1997French
Full model31/12/199510/05/199617/06/1996French
m120-f-p31/12/199510/05/199619/06/1996French
Full model31/12/199412/05/199506/06/1995French
m120-f-p31/12/199412/05/199506/06/1995French
Full model31/12/199316/05/199401/07/1994French
m120-f-p31/12/199316/05/199413/06/1994French
m120-f-p31/12/199214/05/199329/06/1993French
m905-p31/12/199214/05/199314/06/1993French
m120-f-p31/12/199108/05/199205/06/1992French
m905-p31/12/199108/05/199205/06/1992French
m905-p31/12/199013/05/199104/06/1991French
m905-p31/12/198911/05/199012/06/1990French
m905-p31/12/198812/05/198907/06/1989French
m905-p31/12/198716/05/198815/06/1988French
m905-p31/12/198608/05/198709/06/1987French
m905-p31/12/198512/05/198612/06/1986French
m905-p31/12/198410/05/198510/06/1985French
m905-p31/12/198311/05/198407/06/1984French
m905-p31/12/198216/05/198316/06/1983French
m905-p31/12/198114/05/198209/06/1982French
m905-p31/12/198001/01/999905/06/1981French
m905-p31/12/197901/01/999909/06/1980English
m905-p31/12/197801/01/999908/06/1979French
m905-p31/12/197701/01/999905/06/1978English
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 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 · 6 active · 74 ended

Active mandates

Thomas Maurisse

Director · since 06 avril 2026 · until 26 juin 2026

Active
Stéphane DARRASSE

Director · since 01 octobre 2025 · until 26 juin 2026

Active
Matthieu GOT

Director · since 01 février 2025 · until 26 juin 2026

Active
Vincent STOQUART

Chairman of the board of directors · since 01 septembre 2024 · until 26 juin 2026

Active
Isabelle ROY

Director · since 03 janvier 2022 · until 26 juin 2026

Active
Jean-Marc DURAND

Director · since 01 septembre 2021 · until 06 avril 2026

Active

Ended mandates

Isabelle KIEFFER

Director · since 01 avril 2022 · until 23 juin 2023

Ended
Isabelle KIEFFER

Director · since 01 avril 2022 · until 26 juin 2026

Ended
Isabelle ROY

Director · since 03 janvier 2022 · until 23 juin 2023

Ended
Jean-Marc DURAND

Director · since 01 septembre 2021 · until 23 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other18/08/2026
    Extrait du procès-verbal du Conseil d'administration du 3 avril 2026
    PDF
  • Mandates24/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office26/01/2023
    SIEGE SOCIAL
    PDF
  • Mandates28/11/2022
    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

Timeline

  1. 2025
    Annual accounts 2025162,3 M €
  2. 01/10/2025
    nominationStéphane Darrasse — administrateur
  3. 27/06/2025
    nominationVincent Stoquart — administrateur
  4. 27/06/2025
    nominationMatthieu Got — administrateur
  5. 27/06/2025
    reconductionSRL Pricewaterhouse Coopers Réviseurs d'Entreprises — commissaire
  6. 01/02/2025
    nominationMatthieu Got — administrateur
  7. 2024
    Annual accounts 2024207,0 M €
  8. 01/09/2024
    nominationVincent Stoquart — administrateur
  9. 01/09/2024
    nominationStéphane Decubber — administrateur
  10. 01/09/2024
    nominationEric O'Donnell — Secrétaire du Conseil
  11. 2023
    Annual accounts 2023512,6 M €
  12. 23/06/2023
    reconductionBernard Pinatel — administrateur
  13. 23/06/2023
    reconductionNoubi Ben Hamida — administrateur
  14. 23/06/2023
    reconductionJean-Marc Durand — administrateur
  15. 23/06/2023
    reconductionIsabelle Kieffer — administrateur
  16. 23/06/2023
    reconductionIsabelle Roy — administrateur
  17. 2022
    Annual accounts 2022738,7 M €
  18. 24/06/2022
    nominationIsabelle Kieffer — administratrice
  19. 01/04/2022
    nominationIsabelle Kieffer — administratrice
  20. 01/04/2022
    nominationEva Ramirez — Secrétaire du Conseil
  21. 2021
    Annual accounts 2021178,5 M €
  22. 2017
    Annual accounts 2017360,2 M €
  23. 2016
    Annual accounts 2016443,0 M €
  24. 2015
    Annual accounts 2015541,0 M €
  25. 2014
    Annual accounts 2014-65,9 M €
  26. 2013
    Annual accounts 2013-139,9 M €
  27. 2012
    Annual accounts 20121,2 Md €
  28. 2011
    Annual accounts 2011-267,7 M €
  29. 2010
    Annual accounts 201031,5 M €
  30. 2009
    Annual accounts 2009-221,6 M €
  31. 2008
    Annual accounts 2008103,1 M €
  32. 2007
    Annual accounts 2007708,9 M €
  33. 2006
    Annual accounts 20061,9 Md €
  34. 25/02/1920
    IncorporationPublic limited company