ACTIVE

BRENNTAG

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Financial year 2025 · closed on 31/12/2025

Net result

52,6 M €

-8.1% YoY

Revenue

303,1 M €

-7.1% YoY

Equity

163,8 M €

+47.3% YoY

Workforce

246,5 ETP

-1.4% YoY

What does BRENNTAG do?

BRENNTAG is a Public limited company incorporated in 1966. Its main activity is: Wholesale of chemical products. Its registered office is in Deerlijk. It employs on average 246,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.317.567

Incorporation

12/07/1966

Legal form

Public limited company

Registered office

Nijverheidslaan 38
8540 Deerlijk · FlandreSee on map

Contributed capital

4 008 707,46 €

Latest accounts

31/12/2025

Average workforce

246,5 ETP

Activities (NACE)

46751Wholesale of chemical products· main 46851Wholesale trade, except of motor vehicles and motorcycles 51550Air transport

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive 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	303,1 M €	-7.1%	326,3 M €	-4.5%	341,8 M €	-26.4%	464,4 M €	+33.5%	347,8 M €	+17.7%	295,5 M €	-2.4%	302,8 M €	+5.5%	286,9 M €	+6.5%	269,4 M €	+12.0%	240,5 M €	-7.3%	259,4 M €	+2.3%	253,6 M €	+1.3%	250,4 M €	-1.6%	254,3 M €	+3.3%	246,3 M €	+12.4%	219 M €	+18.7%	184,6 M €	-9.2%	203,4 M €	+13.8%	178,7 M €	+9.1%	163,9 M €
EBITDA	22,7 M €	-0.8%	22,9 M €	+2.7%	22,3 M €	-36.8%	35,3 M €	+13.5%	31,1 M €	+3.7%	30 M €	+3.1%	29,1 M €	+12.1%	25,9 M €	-2.1%	26,5 M €	-5.7%	28,1 M €	-3.9%	29,3 M €	-0.5%	29,4 M €	+17.9%	24,9 M €	-6.3%	26,6 M €	-2.1%	27,2 M €	+7.4%	25,3 M €	+30.4%	19,4 M €	+22.3%	15,9 M €	+16.6%	13,6 M €	+19.0%	11,4 M €
Operating result	18,2 M €	-4.1%	18,9 M €	+1.7%	18,6 M €	-38.8%	30,4 M €	+10.2%	27,6 M €	+10.5%	25 M €	-6.3%	26,6 M €	+14.0%	23,3 M €	-3.5%	24,2 M €	-6.4%	25,9 M €	-4.8%	27,2 M €	+0.5%	27,1 M €	+21.5%	22,3 M €	-6.8%	23,9 M €	-2.5%	24,5 M €	+6.8%	23 M €	+34.9%	17 M €	+27.3%	13,4 M €	+11.0%	12 M €	+22.3%	9,8 M €
Net result	52,6 M €	-8.1%	57,2 M €	+58.0%	36,2 M €	+53.5%	23,6 M €	-47.6%	45,1 M €	+16.1%	38,8 M €	+125%	17,2 M €	-34.8%	26,5 M €	-11.5%	29,9 M €	-5.9%	31,8 M €	+21.3%	26,2 M €	+7.5%	24,4 M €	+26.5%	19,3 M €	+24.5%	15,5 M €	-20.0%	19,4 M €	+4.8%	18,5 M €	+11.0%	16,6 M €	+49.9%	11,1 M €	+40.4%	7,9 M €	+327%	-3,5 M €
Balance sheet
Equity	163,8 M €	+47.3%	111,2 M €	+10.9%	100,3 M €	+0.1%	100,1 M €	+26.5%	79,2 M €	+15.0%	68,9 M €	+11.0%	62,1 M €	+7.6%	57,7 M €	+8.2%	53,3 M €	+3.8%	51,4 M €	+48.1%	34,7 M €	-34.8%	53,2 M €	+19.6%	44,5 M €	+5.6%	42,1 M €	+11.9%	37,7 M €	+23.0%	30,6 M €	-4.8%	32,2 M €	+21.3%	26,5 M €	+4.4%	25,4 M €	+22.2%	20,8 M €
Total assets	398,9 M €	-9.3%	439,7 M €	+54.3%	285 M €	-0.9%	287,5 M €	+6.6%	269,8 M €	+9.6%	246,2 M €	-4.5%	257,8 M €	+3.6%	248,7 M €	+12.1%	221,8 M €	+0.2%	221,4 M €	+4.7%	211,4 M €	-6.4%	225,8 M €	+6.8%	211,5 M €	-1.8%	215,3 M €	+0.1%	215,1 M €	+14.7%	187,6 M €	+1.3%	185,3 M €	+1.7%	182,2 M €	+4.8%	173,8 M €	+2.9%	168,9 M €
Cash	12,5 M €	-21.2%	15,9 M €	+50.9%	10,5 M €	-9.7%	11,7 M €	+108%	5,6 M €	-39.4%	9,3 M €	-25.5%	12,4 M €	+38.3%	9 M €	+80.7%	5 M €	-61.0%	12,8 M €	+69.3%	7,5 M €	-41.6%	12,9 M €	+79.1%	7,2 M €	-9.4%	7,9 M €	-29.4%	11,3 M €	+11.1%	10,1 M €	-20.5%	12,8 M €	+366%	2,7 M €	+285%	710 k €	-82.9%	4,1 M €
Debts	228,3 M €	-29.4%	323,2 M €	+76.0%	183,6 M €	-1.2%	185,8 M €	-2.0%	189,5 M €	+7.4%	176,4 M €	-9.4%	194,7 M €	+2.5%	189,9 M €	+13.9%	166,8 M €	-0.8%	168,1 M €	-3.8%	174,7 M €	+2.3%	170,7 M €	+3.4%	165,1 M €	-3.6%	171,3 M €	+0.8%	169,9 M €	+11.1%	153 M €	+0.7%	151,9 M €	-1.8%	154,7 M €	+5.1%	147,2 M €	+0.2%	146,8 M €
Other
Workforce	246,5 ETP	-1.4%	249,9 ETP	-1.4%	253,4 ETP	+2.9%	246,2 ETP	-0.2%	246,8 ETP	-1.4%	250,2 ETP	+4.2%	240,1 ETP	+1.1%	237,4 ETP	+3.0%	230,5 ETP	+2.4%	225,1 ETP	+2.4%	219,8 ETP	+0.5%	218,7 ETP	+0.3%	218,0 ETP	+0.9%	216,0 ETP	+1.1%	213,6 ETP	+3.7%	206,0 ETP	-0.4%	206,8 ETP	+1.2%	204,4 ETP	+2.3%	199,8 ETP	+0.3%	199,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 26 ended

Active mandates

Pierre Claeys

Director · since 01 février 2025 · until 08 mai 2026

Active

Nicolas Alexis Lehmann

Director · since 01 avril 2023 · until 08 mai 2026

Active

Carl Blomme

Director · since 08 mai 2020 · until 31 janvier 2025

Active

Pieter Frederik Hendrik Harsveldt

Director · since 08 mai 2020 · until 08 mai 2026

Active

Ended mandates

Uwe Schültke

Director · since 01 septembre 2020 · until 31 mars 2023

Ended

Uwe Schültke

Director · since 01 septembre 2020 · until 08 mai 2026

Ended

Carl Blomme

Director · since 08 mai 2020 · until 08 mai 2026

Ended

Karsten Beckmann

Director · since 08 mai 2020 · until 31 août 2020

Ended

At this address

Other companies at this address

Company	CBE no.
European Polymers and Chemicals Distribution● Active	0884.570.912
INDUSTRIAL INVESTMENT COMPANY● Active	0506.952.088

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	10/07/2026	11/07/2025	24/06/2024	20/06/2023	27/06/2022	15/07/2021
General meeting	08/05/2026	09/05/2025	10/05/2024	12/05/2023	13/05/2022	14/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

33 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/05/2026	10/07/2026	Dutch	PDF
Full model	31/12/2024	09/05/2025	11/07/2025	Dutch	PDF
Consolidated accounts	31/12/2024	09/05/2025	11/07/2025	Dutch	PDF
Full model	31/12/2023	10/05/2024	24/06/2024	Dutch	PDF
Consolidated accounts	31/12/2023	10/05/2024	24/06/2024	Dutch	PDF
Full model	31/12/2022	12/05/2023	20/06/2023	Dutch	PDF
Consolidated accounts	31/12/2022	12/05/2023	20/06/2023	Dutch	PDF
Full model	31/12/2021	13/05/2022	27/06/2022	Dutch	PDF
Consolidated accounts	31/12/2021	13/05/2022	27/06/2022	Dutch	PDF
Full model	31/12/2020	14/05/2021	15/07/2021	Dutch	PDF
Consolidated accounts	31/12/2020	10/06/2021	15/07/2021	Dutch	PDF
Full model	31/12/2019	08/05/2020	31/07/2020	Dutch	PDF
Consolidated accounts	31/12/2019	10/06/2020	31/07/2020	Dutch	PDF
Full model	31/12/2018	10/05/2019	28/06/2019	Dutch	PDF
Consolidated accounts	31/12/2018	13/06/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	11/05/2018	29/06/2018	Dutch	PDF
Consolidated accounts	31/12/2017	20/06/2018	30/07/2018	Dutch	PDF
Full model	31/12/2016	12/05/2017	03/07/2017	Dutch	PDF
Consolidated accounts	31/12/2016	08/06/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	13/05/2016	22/06/2016	Dutch	PDF
Consolidated accounts	31/12/2015	17/06/2016	23/06/2016	Dutch	PDF
Full model	31/12/2014	08/05/2015	16/06/2015	Dutch	PDF
Consolidated accounts	31/12/2014	09/06/2015	16/06/2015	Dutch	PDF
Full model	31/12/2013	09/05/2014	06/06/2014	Dutch	PDF

View all 33 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 4 active · 26 ended

Active mandates

Pierre Claeys

Director · since 01 février 2025 · until 08 mai 2026

Active

Nicolas Alexis Lehmann

Director · since 01 avril 2023 · until 08 mai 2026

Active

Carl Blomme

Director · since 08 mai 2020 · until 31 janvier 2025

Active

Pieter Frederik Hendrik Harsveldt

Director · since 08 mai 2020 · until 08 mai 2026

Active

Ended mandates

Uwe Schültke

Director · since 01 septembre 2020 · until 31 mars 2023

Ended

Uwe Schültke

Director · since 01 septembre 2020 · until 08 mai 2026

Ended

Carl Blomme

Director · since 08 mai 2020 · until 08 mai 2026

Ended

Karsten Beckmann

Director · since 08 mai 2020 · until 31 août 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring10/01/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/10/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/09/2017
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 202552,6 M €↓
01/02/2025
nominationPierre Claeys — bestuurder
2024
Annual accounts 202457,2 M €↑
2023
Annual accounts 202336,2 M €↑
09/06/2023
nominationDeloitte Bedrijfsrevisoren BV — revisor
01/04/2023
nominationNicolas Lehmann — bestuurder
2022
Annual accounts 202223,6 M €↓
2021
Annual accounts 202145,1 M €↑
2020
Annual accounts 202038,8 M €↑
2019
Annual accounts 201917,2 M €↓
2018
Annual accounts 201826,5 M €↓
2017
Annual accounts 201729,9 M €↓
2016
Annual accounts 201631,8 M €↑
2015
Annual accounts 201526,2 M €↑
2014
Annual accounts 201424,4 M €↑
2013
Annual accounts 201319,3 M €↑
2012
Annual accounts 201215,5 M €↓
2011
Annual accounts 201119,4 M €↑
2010
Annual accounts 201018,5 M €↑
2009
Annual accounts 200916,6 M €↑
2008
Annual accounts 200811,1 M €↑
2007
Annual accounts 20077,9 M €↑
2006
Annual accounts 2006-3,5 M €
12/07/1966
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

BRENNTAG

Overview

What does BRENNTAG 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