ACTIVE

Belgomazout

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Financial year 2025 · closed on 30/06/2025

Net result

823,4 k €

+11.7% YoY

Revenue

44,5 M €

-16.8% YoY

Equity

2,1 M €

+12.2% YoY

Workforce

2,0 ETP

0.0% YoY

What does Belgomazout do?

Belgomazout is a Public limited company incorporated in 1947. Its main activity is: Wholesale of solid, liquid and gaseous fuels and related products. Its registered office is in Antwerpen. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.565.224

Incorporation

30/06/1947

Legal form

Public limited company

Registered office

D'Herbouvillekaai 100
2020 Antwerpen · FlandreSee on map

Contributed capital

1 239 467,62 €

Latest accounts

30/06/2025

Average workforce

2,0 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 (5)

127
12700
200
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	44,5 M €	-16.8%	53,5 M €	-12.4%	61,1 M €	+10.0%	55,5 M €	+48.1%	37,5 M €	-10.7%	42 M €	-17.8%	51,1 M €	+0.7%	50,7 M €	-20.0%	63,4 M €	+9.7%	57,8 M €	-15.6%	68,4 M €	-20.5%	86,1 M €	-16.4%	103 M €	-10.9%	115,7 M €	+14.3%	101,2 M €	+20.8%	83,8 M €	-16.8%	100,7 M €	-29.6%	143,1 M €	-2.3%	146,5 M €
EBITDA	311,3 k €	-31.6%	454,8 k €	+59.0%	286,1 k €	+226%	87,7 k €	-0.3%	88 k €	+12.6%	78,1 k €	+7.1%	72,9 k €	+30.8%	55,8 k €	-34.5%	85,1 k €	+22.7%	69,3 k €	-64.1%	193,1 k €	-75.6%	791,6 k €	+252%	225,1 k €	-3.5%	233,2 k €	+57.7%	147,9 k €	-11.2%	166,7 k €	-73.4%	627,7 k €	+282%	164,2 k €	-81.3%	880,5 k €
Operating result	129,9 k €	-66.8%	391,4 k €	+62.1%	241,5 k €	+1229%	18,2 k €	-34.0%	27,5 k €	+86.1%	14,8 k €	+307%	3,6 k €	+126%	-14,2 k €	-466%	3,9 k €	+186%	-4,5 k €	-103%	161,5 k €	-77.0%	700,7 k €	+510%	114,8 k €	+562%	-24,9 k €	-614%	4,8 k €	-66.7%	14,5 k €	-97.0%	492,4 k €	+653%	65,4 k €	+162%	-105,4 k €
Net result	823,4 k €	+11.7%	737,3 k €	+103%	363,1 k €	+21.6%	298,7 k €	-42.8%	522,3 k €	+97.2%	264,9 k €	-58.4%	637,1 k €	+111422%	571,3 €	-97.9%	27,8 k €	-21.3%	35,4 k €	-87.1%	274 k €	-48.9%	536,3 k €	+14.3%	469,3 k €	+492%	79,2 k €	-87.1%	615 k €	+1655%	35 k €	-93.5%	540,1 k €	+886%	54,8 k €	+249%	-36,9 k €
Balance sheet
Equity	2,1 M €	+12.2%	1,8 M €	+2.1%	1,8 M €	-33.1%	2,7 M €	-0.0%	2,7 M €	+0.1%	2,7 M €	+11.0%	2,4 M €	-31.5%	3,5 M €	+0.0%	3,5 M €	+0.8%	3,5 M €	+1.0%	3,5 M €	-8.6%	3,8 M €	+0.3%	3,8 M €	+0.5%	3,8 M €	-7.3%	4,1 M €	+2.9%	3,9 M €	+0.9%	3,9 M €	+16.1%	3,4 M €	+1.7%	3,3 M €
Total assets	5,2 M €	+15.1%	4,5 M €	-20.0%	5,6 M €	+2.1%	5,5 M €	+7.7%	5,1 M €	+10.9%	4,6 M €	-23.4%	6 M €	-10.7%	6,7 M €	+3.2%	6,5 M €	-6.3%	7 M €	-4.7%	7,3 M €	-27.2%	10 M €	-3.2%	10,4 M €	-16.0%	12,4 M €	-11.7%	14 M €	+17.0%	12 M €	+22.9%	9,7 M €	-45.8%	18 M €	+16.5%	15,4 M €
Cash	1,4 M €	+6.9%	1,3 M €	+56.6%	838,5 k €	-55.8%	1,9 M €	-0.7%	1,9 M €	+24.1%	1,5 M €	-53.9%	3,3 M €	+45.5%	2,3 M €	+82.8%	1,3 M €	-43.3%	2,2 M €	-7.5%	2,4 M €	-20.8%	3 M €	-27.3%	4,2 M €	-1.9%	4,2 M €	+23.9%	3,4 M €	+256%	961,4 k €	+20.6%	797,4 k €	-73.6%	3 M €	+119%	1,4 M €
Debts	3 M €	+12.6%	2,7 M €	-30.2%	3,8 M €	+35.5%	2,8 M €	+16.2%	2,4 M €	+26.0%	1,9 M €	-46.4%	3,6 M €	+12.0%	3,2 M €	+6.9%	3 M €	-13.7%	3,5 M €	-9.8%	3,9 M €	-38.4%	6,2 M €	-5.2%	6,6 M €	-23.3%	8,6 M €	-13.4%	9,9 M €	+24.0%	8 M €	+38.0%	5,8 M €	-60.2%	14,6 M €	+20.6%	12,1 M €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	-31.0%	2,9 ETP	-32.6%	4,3 ETP	-14.0%	5,0 ETP	0.0%	5,0 ETP	-3.8%	5,2 ETP	+4.0%	5,0 ETP	-3.8%	5,2 ETP	-8.8%	5,7 ETP	-32.1%	8,4 ETP	-22.2%	10,8 ETP	+4.9%	10,3 ETP	-13.4%	11,9 ETP	-7.8%	12,9 ETP	+0.8%	12,8 ETP	+16.4%	11,0 ETP	-11.3%	12,4 ETP	+10.7%	11,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 9 ended

Active mandates

ANN GILLIS

Director · since 19 octobre 2022 · until 27 octobre 2028

Active

FILIP ENGELEN

Managing director · since 19 octobre 2022 · until 27 octobre 2028

Active

Ended mandates

Ann GILLIS

Director · since 18 novembre 2016 · until 28 octobre 2020

Ended

Ann GILLIS

Director · since 18 novembre 2016 · until 19 octobre 2022

Ended

Ann GILLIS

Director · since 18 novembre 2016 · until 28 octobre 2022

Ended

Ann GILLIS

Director · since 18 novembre 2016 · until 18 novembre 2022

Ended

At this address

Other companies at this address

Company	CBE no.
Alca Petroleum Company● Active	0404.560.769
HERINVEST● Active	0795.271.227
INDUSTRIAL FUEL TECHNOLOGY● Active	0454.122.425
PALLAS BELGIUM● Active	0464.760.157

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/01/2026	03/01/2025	06/12/2023	30/12/2022	24/12/2021	22/01/2021
General meeting	31/10/2025	16/10/2024	30/11/2023	19/10/2022	10/12/2021	21/12/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	31/10/2025	26/01/2026	Dutch	PDF
Full model	30/06/2024	16/10/2024	03/01/2025	Dutch	PDF
Full model	30/06/2023	30/11/2023	06/12/2023	Dutch	PDF
Full model	30/06/2022	19/10/2022	30/12/2022	Dutch	PDF
Full model	30/06/2021	10/12/2021	24/12/2021	Dutch	PDF
Full model	30/06/2020	21/12/2020	22/01/2021	Dutch	PDF
Full model	30/06/2019	25/10/2019	29/11/2019	Dutch	PDF
Full model	30/06/2018	26/10/2018	29/11/2018	Dutch	PDF
Full model	30/06/2017	15/12/2017	28/12/2017	Dutch	PDF
Full model	30/06/2016	18/11/2016	21/12/2016	Dutch	PDF
Full model	30/06/2015	16/12/2015	31/01/2016	Dutch	PDF
Full model	30/06/2014	17/12/2014	30/01/2015	Dutch	PDF
Full model	30/06/2013	18/12/2013	21/02/2014	Dutch	PDF
Full model	30/06/2012	28/12/2012	31/01/2013	Dutch	PDF
Full model	30/06/2011	09/12/2011	27/12/2011	Dutch	PDF
Full model	30/06/2010	17/12/2010	24/12/2010	Dutch	PDF
Full model	30/06/2009	18/12/2009	24/02/2010	Dutch	PDF
Full model	30/06/2008	22/12/2008	21/01/2009	Dutch	PDF
Full model	30/06/2007	28/12/2007	22/02/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 30/06/2025 · 2 active · 9 ended

Active mandates

ANN GILLIS

Director · since 19 octobre 2022 · until 27 octobre 2028

Active

FILIP ENGELEN

Managing director · since 19 octobre 2022 · until 27 octobre 2028

Active

Ended mandates

Ann GILLIS

Director · since 18 novembre 2016 · until 28 octobre 2020

Ended

Ann GILLIS

Director · since 18 novembre 2016 · until 19 octobre 2022

Ended

Ann GILLIS

Director · since 18 novembre 2016 · until 28 octobre 2022

Ended

Ann GILLIS

Director · since 18 novembre 2016 · until 18 novembre 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/03/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/12/2008
ONTSLAGEN - BENOEMINGEN
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 2025823,4 k €↑
2024
Annual accounts 2024737,3 k €↑
2023
Annual accounts 2023363,1 k €↑
2022
Annual accounts 2022298,7 k €↓
2021
Annual accounts 2021522,3 k €↑
2020
Annual accounts 2020264,9 k €↓
2019
Annual accounts 2019637,1 k €↑
2018
Annual accounts 2018571,3 €↓
2017
Annual accounts 201727,8 k €↓
2016
Annual accounts 201635,4 k €↓
2015
Annual accounts 2015274 k €↓
2014
Annual accounts 2014536,3 k €↑
2013
Annual accounts 2013469,3 k €↑
2012
Annual accounts 201279,2 k €↓
2011
Annual accounts 2011615 k €↑
2010
Annual accounts 201035 k €↓
2009
Annual accounts 2009540,1 k €↑
2008
Annual accounts 200854,8 k €↑
2007
Annual accounts 2007-36,9 k €
30/06/1947
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

Belgomazout

Overview

What does Belgomazout do?

Trend over 19 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