ACTIVE

TotalEnergies Refinery Antwerp

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Financial year 2025 · Closed on 31/12/2025

Net result3,5 M €-87,2 %over 1 year

Revenue841,5 M €-3,0 %over 1 year

Equity149,6 M €+2,4 %over 1 year

Workforce1 232,3 ETP-0,6 %over 1 year

Identity

Source · BCE/KBO

TotalEnergies Refinery Antwerp is a Public limited company incorporated in 1949. Its registered office is in Antwerpen. It employs on average 1 232,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0404.586.901
Incorporation: 27/01/1949
Legal form: Public limited company
Registered office: Scheldelaan 16
2030 Antwerpen · FlandreSee on map
Contributed capital: 148 736 114,86 €
Latest accounts: 31/12/2025
Average workforce: 1 232,3 ETP

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 9 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	841,5 M €	-3.0%	867,2 M €	-5.7%	919,5 M €	-13.3%	1,1 Md €	+33.5%	794,4 M €
EBITDA	67,8 M €	-73.6%	256,5 M €	+59.0%	161,3 M €	+143%	66,5 M €	-66.0%	195,4 M €
Operating result	18 M €	-64.9%	51,3 M €	+184%	-60,9 M €	+34.0%	-92,3 M €	-749%	14,2 M €
Net result	3,5 M €	-87.2%	27,3 M €	+137%	-73,3 M €	+28.3%	-102,2 M €	-2869%	3,7 M €
Balance sheet
Equity	149,6 M €	+2.4%	146,1 M €	+22.9%	118,8 M €	-38.2%	192,2 M €	-34.7%	294,5 M €
Total assets	1,1 Md €	-2.0%	1,1 Md €	+0.8%	1,1 Md €	-7.0%	1,2 Md €	+4.6%	1,1 Md €
Cash	80,3 M €	-27.5%	110,8 M €	+102%	54,9 M €	-16.1%	65,5 M €	+786%	7,4 M €
Debts	810,2 M €	+6.3%	761,8 M €	-5.2%	804 M €	-5.5%	850,4 M €	+26.5%	672,5 M €
Other
Workforce	1 232,3 ETP	-0.6%	1 239,8 ETP	-0.0%	1 240,3 ETP	+1.2%	1 225,6 ETP	-1.5%	1 244,1 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 · 22 ended

Active mandates

Thomas Maurisse

Chairman of the board of directors · since 14 avril 2026 · until 26 mai 2028

Active

Benoît Lallemand

Director · since 31 janvier 2025 · until 26 mai 2028

Active

Ann Veraverbeke

Director · since 01 décembre 2024 · until 26 mai 2028

Active

Jean-Marc Durand

Chairman of the board of directors · since 27 mai 2022 · until 14 avril 2026

Active

Johan De Craene

Director · since 27 mai 2022 · until 31 janvier 2025

Active

Ended mandates

Ann Veraverbeke

Managing director · since 01 décembre 2024 · until 26 mai 2028

Ended

Jacques Beuckelaers

Director · since 27 mai 2022 · until 26 mai 2028

Ended

Jacques Beuckelaers

Managing director · since 27 mai 2022 · until 01 décembre 2024

Ended

Jean-Marc Durand

Chairman of the board of directors · since 27 mai 2022 · until 26 mai 2028

Ended

Other companies at this address

Scheldelaan 16 2030 Antwerpen

Company	CBE no.
Rotterdam Antwerpen Pijpleiding (België)● Active	0406.960.530
TotalEnergies Antwerpen Club● Active	0410.670.086

Full financial information

Source · NBB

	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	29/05/2026	23/06/2025	28/05/2024	13/06/2023	05/07/2022	08/06/2021
General meeting	22/05/2026	23/05/2025	24/05/2024	26/05/2023	27/05/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	22/05/2026	29/05/2026	Dutch	PDF
Full model	31/12/2024	23/05/2025	23/06/2025	Dutch	PDF
Full model	31/12/2023	24/05/2024	28/05/2024	Dutch	PDF
Full model	31/12/2022	26/05/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	05/07/2022	Dutch	PDF
Full model	31/12/2020	28/05/2021	08/06/2021	Dutch	PDF
Full model	31/12/2019	22/06/2020	24/06/2020	Dutch	PDF
Full model	31/12/2018	24/05/2019	29/05/2019	Dutch	PDF
Full model	31/12/2017	25/05/2018	31/05/2018	Dutch	PDF
Full model	31/12/2016	26/05/2017	14/07/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	25/07/2016	Dutch	PDF
Full model	31/12/2014	22/05/2015	09/06/2015	Dutch	PDF
Full model	31/12/2013	23/05/2014	17/07/2014	Dutch	PDF
Full model	31/12/2012	24/05/2013	05/07/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	23/07/2012	Dutch	PDF
Full model	31/12/2010	27/05/2011	12/07/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	16/06/2010	Dutch	PDF
Full model	31/12/2008	22/05/2009	07/07/2009	Dutch	PDF
Full model	31/12/2007	23/05/2008	11/06/2008	Dutch	PDF
Full model	31/12/2006	25/05/2007	22/06/2007	Dutch	PDF

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 · 22 ended

Active mandates

Thomas Maurisse

Chairman of the board of directors · since 14 avril 2026 · until 26 mai 2028

Active

Benoît Lallemand

Director · since 31 janvier 2025 · until 26 mai 2028

Active

Ann Veraverbeke

Director · since 01 décembre 2024 · until 26 mai 2028

Active

Jean-Marc Durand

Chairman of the board of directors · since 27 mai 2022 · until 14 avril 2026

Active

Johan De Craene

Director · since 27 mai 2022 · until 31 janvier 2025

Active

Ended mandates

Ann Veraverbeke

Managing director · since 01 décembre 2024 · until 26 mai 2028

Ended

Jacques Beuckelaers

Director · since 27 mai 2022 · until 26 mai 2028

Ended

Jacques Beuckelaers

Managing director · since 27 mai 2022 · until 01 décembre 2024

Ended

Jean-Marc Durand

Chairman of the board of directors · since 27 mai 2022 · until 26 mai 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other30/06/2026
—
PDF
Mandates18/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/08/2022
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

14/04/2026
nominationThomas Maurisse — bestuurder
2025
Annual accounts 20253,5 M €↓
23/05/2025
reconductionBV PricewaterhouseCoopers Bedrijfsrevisoren — commissaris
23/05/2025
nominationAnn Veraverbeke — bestuurster
23/05/2025
nominationBenoît Lallemand — bestuurder
31/01/2025
nominationBenoît Lallemand — bestuurder
2024
Annual accounts 202427,3 M €↑
01/12/2024
nominationAnn Veraverbeke — bestuurster
01/09/2024
nominationJacques Beuckelaers — gedelegeerd bestuurder
2023
Annual accounts 2023-73,3 M €↑
2022
Annual accounts 2022-102,2 M €↓
27/05/2022
nominationBV PricewaterhouseCoopers Bedrijfsrevisoren — commissaris
27/05/2022
reconductionJean-Marc Durand — bestuurder
27/05/2022
reconductionJacques Beuckelaers — bestuurder
27/05/2022
reconductionJohan De Craene — bestuurder
2021
Annual accounts 20213,7 M €↓
2020
Annual accounts 20203,8 M €↑
2019
Annual accounts 20193,1 M €↓
2018
Annual accounts 20184 M €↑
2008
Annual accounts 20084 M €
27/01/1949
IncorporationPublic limited company

TotalEnergies Refinery Antwerp

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