ACTIVE

Chemitex

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Financial year 2025 · Closed on 31/12/2025

Net result
1,1 M €
-67,7 %over 1 year
Revenue
101,3 M €
-7,3 %over 1 year
Equity
86,3 M €
-4,2 %over 1 year
Workforce
17,2 ETP
-10,9 %over 1 year

Identity

Source · BCE/KBO

Chemitex is a Public limited company incorporated in 1970. Its registered office is in Ixelles. It employs on average 17,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.685.456
Incorporation
04/12/1970
Legal form
Public limited company
Registered office
Avenue Louise 221 box 4
1050 Ixelles · BruxellesSee on map
Contributed capital
5 545 306,70 €
Latest accounts
31/12/2025
Average workforce
17,2 ETP
Joint committees (2)
  • 100
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue101,3 M €109,3 M €115,2 M €157,8 M €165,2 M €
EBITDA732,9 k €3,5 M €5,3 M €11 M €14,4 M €
Operating result414,6 k €3,2 M €4,8 M €10,6 M €14,1 M €
Net result1,1 M €3,3 M €5,6 M €7,6 M €11,2 M €
Balance sheet
Equity86,3 M €90 M €89,8 M €113,2 M €132,1 M €
Total assets109,8 M €109,2 M €101,6 M €130,4 M €155,8 M €
Cash2,7 M €4,3 M €2,2 M €12,5 M €13 M €
Debts23,5 M €19,1 M €11,8 M €17 M €23,6 M €
Other
Workforce17,2 ETP19,3 ETP19,0 ETP19,4 ETP20,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 38 ended

Active mandates

Adnan KANDIYOTI

Managing director · since 25 mai 2023 · until 17 mai 2029

Active
CLAUDE KANDIYOTI

Director · since 25 mai 2023 · until 17 mai 2029

Active
Erol KANDIYOTI

Managing director · since 25 mai 2023 · until 17 mai 2029

Active
Igal KANDIYOTI

Managing director · since 25 mai 2023 · until 17 mai 2029

Active
Ilan Zatalovski

Director · since 25 mai 2023 · until 17 mai 2029

Active
K FINANCE COORDINATION & SERVICES

Director · since 25 mai 2023 · until 17 mai 2029 · 0448.586.002

Represented by Ralfi Kandiyoti

Active
Metin KANDIYOTI

Director · since 25 mars 2023 · until 17 mai 2029

Active

Ended mandates

Adnan KANDIYOTI

Managing director · since 28 mars 2018 · until 27 mars 2024

Ended
Claude KANDIYOTI

Director · since 28 mars 2018 · until 27 mars 2024

Ended
Erol KANDIYOTI

Managing director · since 28 mars 2018 · until 27 mars 2024

Ended
Igal KANDIYOTI

Director · since 28 mars 2018 · until 27 mars 2024

Ended

Other companies at this address

Avenue Louise 221 1050 Ixelles
CompanyCBE no.
Admiro● Active
0412.443.010
Amicale du Personnel d'Old England● Active
0409.491.636
Association de l'Avenue Louise● Active
0414.798.922
Association Européenne pour l'Interopérabilité Ferroviaire● Liquidation
0453.973.559
COTITEX● Active
0473.839.456
IMMO RHODE● Active
0876.321.160
Intercot● Liquidation
0418.417.814
JAYDE● Active
0475.891.601
KF FOUNDATION● Active
0802.348.267
K FINANCE COORDINATION & SERVICES● Active
0448.586.002
K PUURS LOGISTICS● Active
0865.543.371
KREST 2● Active
0846.689.739
KREST 3● Active
0846.683.108
KREST & C°● Active
0782.331.625
KREST REAL ESTATE INVESTMENTS● Active
0834.802.289
KREST UNIT● Active
0663.532.656
KRKA Belgium● Active
0508.714.223
L&E GLOBAL● Active
0832.474.883
L'Union Immobilière● Active
0402.946.413
PATRIA● Active
0403.287.891

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 date29/06/202603/10/202513/06/202430/06/202319/07/202204/08/2021
General meeting21/05/202604/06/202516/05/202419/05/202321/06/202230/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202521/05/202629/06/2026FrenchPDF
Full model31/12/202404/06/202503/10/2025FrenchPDF
Full model31/12/202316/05/202413/06/2024FrenchPDF
Full model31/12/202219/05/202330/06/2023FrenchPDF
Full model31/12/202121/06/202219/07/2022FrenchPDF
Full model31/12/202030/06/202104/08/2021FrenchPDF
Full model31/12/201922/05/202013/10/2020FrenchPDF
Full model31/12/201816/05/201913/06/2019FrenchPDF
Full model31/12/201704/06/201811/07/2018FrenchPDF
Full model31/12/201626/05/201722/06/2017FrenchPDF
Full model31/12/201526/05/201615/06/2016FrenchPDF
Full model31/12/201428/05/201508/06/2015FrenchPDF
Full model31/12/201322/05/201423/05/2014FrenchPDF
Full model31/12/201223/05/201313/06/2013FrenchPDF
Full model31/12/201124/05/201222/06/2012FrenchPDF
Full model31/12/201026/05/201130/05/2011FrenchPDF
Full model31/12/200927/05/201028/05/2010FrenchPDF
Full model31/12/200828/05/200918/06/2009FrenchPDF
Full model31/12/200722/05/200812/06/2008FrenchPDF
Full model31/12/200624/05/200721/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

7 active · 38 ended

Active mandates

Adnan KANDIYOTI

Managing director · since 25 mai 2023 · until 17 mai 2029

Active
CLAUDE KANDIYOTI

Director · since 25 mai 2023 · until 17 mai 2029

Active
Erol KANDIYOTI

Managing director · since 25 mai 2023 · until 17 mai 2029

Active
Igal KANDIYOTI

Managing director · since 25 mai 2023 · until 17 mai 2029

Active
Ilan Zatalovski

Director · since 25 mai 2023 · until 17 mai 2029

Active
K FINANCE COORDINATION & SERVICES

Director · since 25 mai 2023 · until 17 mai 2029 · 0448.586.002

Represented by Ralfi Kandiyoti

Active
Metin KANDIYOTI

Director · since 25 mars 2023 · until 17 mai 2029

Active

Ended mandates

Adnan KANDIYOTI

Managing director · since 28 mars 2018 · until 27 mars 2024

Ended
Claude KANDIYOTI

Director · since 28 mars 2018 · until 27 mars 2024

Ended
Erol KANDIYOTI

Managing director · since 28 mars 2018 · until 27 mars 2024

Ended
Igal KANDIYOTI

Director · since 28 mars 2018 · until 27 mars 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares25/06/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates08/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares07/07/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Other09/01/2025
    DIVERS
    PDF
  • Capital / shares12/08/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Capital / shares18/06/2024
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates02/10/2023
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 19/06/2026
    augmentation_capitalVAN DER CRUYSSEN Rony
  2. 19/06/2026
    augmentation_capitalMOMMAERTS Anne
  3. 19/06/2026
    augmentation_capitalIlan ZATALOVSKI
  4. 19/06/2026
    augmentation_capitalHenk DEDECKER
  5. 19/06/2026
    augmentation_capitalElda LISBOA
  6. 2025
    Annual accounts 20251,1 M €↓
  7. 19/06/2025
    augmentation_capitalVAN DER CRUYSSEN Rony
  8. 19/06/2025
    augmentation_capitalMOMMAERTS Anne
  9. 19/06/2025
    augmentation_capitalIlan ZATALOVSKI
  10. 19/06/2025
    augmentation_capitalHenk DEDECKER
  11. 04/06/2025
    reconductionMichel Weber — commissaire
  12. 2024
    Annual accounts 20243,3 M €↓
  13. 14/06/2024
    augmentation_capitalVAN DER CRUYSSEN Rony
  14. 14/06/2024
    augmentation_capitalMOMMAERTS Anne
  15. 14/06/2024
    augmentation_capitalIlan ZATALOVSKI
  16. 14/06/2024
    augmentation_capitalHenk DEDECKER
  17. 2023
    Annual accounts 20235,6 M €↓
  18. 05/07/2023
    augmentation_capitalVAN DER CRUYSSEN Rony
  19. 05/07/2023
    augmentation_capitalMOMMAERTS Anne
  20. 05/07/2023
    augmentation_capitalIlan ZATALOVSKI
  21. 05/07/2023
    augmentation_capitalHenk DEDECKER
  22. 25/05/2023
    reconductionKandiyoti Igal — administrateur
  23. 25/05/2023
    reconductionKandiyoti Claude — administrateur
  24. 25/05/2023
    reconductionKandiyoti Erol — administrateur
  25. 25/05/2023
    reconductionKandiyoti Metin — administrateur
  26. 25/05/2023
    reconductionKandiyoti Adnan — administrateur
  27. 25/05/2023
    reconductionHan ZATALOVSKI — administrateur
  28. 25/05/2023
    nominationAdnan KANDIYOTI — Administrateur-Délégué
  29. 25/05/2023
    nominationErol KANDIYOTI — Administrateur-Délégué
  30. 25/05/2023
    nominationIgal KANDIYOTI — Administrateur-Délégué
  31. 2022
    Annual accounts 20227,6 M €↓
  32. 28/07/2022
    augmentation_capitalVAN DER CRUYSSEN Rony
  33. 28/07/2022
    augmentation_capitalMOMMAERTS Anne
  34. 28/07/2022
    augmentation_capitalIlan ZATALOVSKI
  35. 21/06/2022
    reconductionSRL Michel Weber — commissaire
  36. 2021
    Annual accounts 202111,2 M €↑
  37. 2020
    Annual accounts 20204,2 M €↑
  38. 2019
    Annual accounts 20192,3 M €↓
  39. 2018
    Annual accounts 20185,5 M €↑
  40. 2017
    Annual accounts 20173,1 M €↓
  41. 2016
    Annual accounts 20167,4 M €↑
  42. 2015
    Annual accounts 20157,2 M €↓
  43. 2014
    Annual accounts 20149 M €↓
  44. 2013
    Annual accounts 201310,5 M €↑
  45. 2012
    Annual accounts 201210,3 M €↓
  46. 2011
    Annual accounts 201112,1 M €↓
  47. 2010
    Annual accounts 201012,9 M €↑
  48. 2009
    Annual accounts 20098,4 M €↑
  49. 2008
    Annual accounts 20085,4 M €↓
  50. 2007
    Annual accounts 20078,6 M €↓
  51. 2006
    Annual accounts 200619,7 M €
  52. 04/12/1970
    IncorporationPublic limited company