ACTIVE

NIPCO

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Financial year 2025 · closed on 31/12/2025
Net result
5,4 k €
+285.1% YoY
Gross margin
4,7 k €
+162.3% YoY
Equity
314,8 k €
+1.8% YoY
Workforce
0,0 ETP

What does NIPCO do?

NIPCO is a Public limited company incorporated in 1977. Its main activity is: Wholesale of solid, liquid and gaseous fuels and related products. Its registered office is in Uccle.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0416.984.588
Incorporation
17/03/1977
Legal form
Public limited company
Registered office
Avenue Hamoir 12 box C31
1180 Uccle · BruxellesSee on map
Contributed capital
30 986,69 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
46710Wholesale of solid, liquid and gaseous fuels and related products· main46810Wholesale trade, except of motor vehicles and motorcycles51510Air transport
Joint committees (5)
  • 100
  • 1000
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin4,7 k €-7,6 k €22,5 k €50 k €56,2 k €51,4 k €60,9 k €42,9 k €107,8 k €55,3 k €43,5 k €52,3 k €54,5 k €52 k €60,3 k €62,9 k €62,1 k €29,7 k €35 k €
EBITDA3,1 k €-12,5 k €-9,8 k €-769,7 €3,5 k €-685,9 €7,8 k €-7,8 k €57,2 k €2,1 k €-8,9 k €-309,1 €2,1 k €-218,6 €8,9 k €12,2 k €11,4 k €-20,5 k €-9,4 k €
Operating result1,3 k €-12,6 k €-9,8 k €-769,7 €3,5 k €-685,9 €7,8 k €-7,8 k €40 k €-13 k €-20,5 k €-309,1 €2,1 k €-218,6 €8,9 k €12,2 k €10,8 k €-21,2 k €-10,1 k €
Net result5,4 k €-2,9 k €-386,4 €-508,2 €1,2 k €-99,7 k €5,9 k €-7,7 k €32,3 k €-13 k €-17,7 k €3,3 k €7,4 k €5,9 k €10,4 k €18 k €13,8 k €-2,5 k €7,6 k €
Balance sheet
Equity314,8 k €309,3 k €312,3 k €312,7 k €313,2 k €311,9 k €411,7 k €405,7 k €413,5 k €381,2 k €394,2 k €411,9 k €408,6 k €401,2 k €395,3 k €384,9 k €366,9 k €353 k €355,6 k €
Total assets321,4 k €316 k €326,6 k €465,4 k €462,9 k €473,8 k €564,2 k €417,8 k €489,4 k €485,4 k €431,9 k €446,3 k €438,7 k €420,3 k €420,4 k €409,9 k €392,9 k €380,1 k €376,8 k €
Cash304,7 k €294,5 k €321 k €40,7 k €11,5 k €469,8 k €329,9 k €278,4 k €358,6 k €259,1 k €252,4 k €305,9 k €304,8 k €288 k €1,2 k €2,2 k €7,9 k €5,8 k €63,1 k €
Debts6,6 k €6,6 k €14,3 k €152,6 k €149,8 k €161,8 k €152,6 k €12,1 k €75,9 k €95,5 k €37,6 k €34,4 k €30 k €19 k €25,1 k €25 k €23 k €22,9 k €17 k €
Other
Workforce0,0 ETP0,0 ETP0,5 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP–––1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 14 ended

Active mandates

Benoit Rousseaux

Managing director · since 27 mai 2022 · until 26 mai 2028

Active
Jimmy Rousseaux

Director · since 27 mai 2022 · until 26 mai 2028

Active
Tanguy Rousseaux

Director · since 27 mai 2022 · until 26 mai 2028

Active
Véronique Wibo

Director · since 27 mai 2022 · until 26 mai 2028

Active

Ended mandates

Benoit Rousseaux

Director · since 27 mai 2022 · until 26 mai 2028

Ended
Philippe de Ribeaucourt Ghislain

Director · since 27 mai 2022 · until 26 mai 2028

Ended
Roland Rousseaux

Director · since 27 mai 2022 · until 26 mai 2028

Ended
Benoit Rousseaux

Managing director · since 29 mai 2016 · until 26 mai 2022

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date31/07/202631/07/202529/07/202431/07/202329/07/202229/07/2021
General meeting28/05/202630/05/202530/05/202425/05/202327/05/202227/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/05/202631/07/2026FrenchPDF
Abridged model31/12/202430/05/202531/07/2025FrenchPDF
Abridged model31/12/202330/05/202429/07/2024FrenchPDF
Abridged model31/12/202225/05/202331/07/2023FrenchPDF
Abridged model31/12/202127/05/202229/07/2022FrenchPDF
Abridged model31/12/202027/05/202129/07/2021FrenchPDF
Abridged model31/12/201904/06/202030/07/2020FrenchPDF
Micro model31/12/201831/05/201922/07/2019FrenchPDF
Micro model31/12/201731/05/201830/08/2018FrenchPDF
Micro model31/12/201626/05/201729/09/2017FrenchPDF
Abridged model31/12/201526/05/201631/08/2016FrenchPDF
Abridged model31/12/201428/05/201531/08/2015FrenchPDF
Abridged model31/12/201330/05/201429/08/2014FrenchPDF
Abridged model31/12/201230/05/201330/09/2013FrenchPDF
Abridged model31/12/201131/05/201231/08/2012FrenchPDF
Abridged model31/12/201026/05/201128/09/2011FrenchPDF
Abridged model31/12/200927/05/201027/07/2010FrenchPDF
Abridged model31/12/200828/05/200930/07/2009FrenchPDF
Abridged model31/12/200729/05/200801/07/2008FrenchPDF
Abridged model31/12/200631/05/200725/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 14 ended

Active mandates

Benoit Rousseaux

Managing director · since 27 mai 2022 · until 26 mai 2028

Active
Jimmy Rousseaux

Director · since 27 mai 2022 · until 26 mai 2028

Active
Tanguy Rousseaux

Director · since 27 mai 2022 · until 26 mai 2028

Active
Véronique Wibo

Director · since 27 mai 2022 · until 26 mai 2028

Active

Ended mandates

Benoit Rousseaux

Director · since 27 mai 2022 · until 26 mai 2028

Ended
Philippe de Ribeaucourt Ghislain

Director · since 27 mai 2022 · until 26 mai 2028

Ended
Roland Rousseaux

Director · since 27 mai 2022 · until 26 mai 2028

Ended
Benoit Rousseaux

Managing director · since 29 mai 2016 · until 26 mai 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office12/02/2026
    SIEGE SOCIAL
    PDF
  • Mandates14/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/03/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/01/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office07/04/2016
    SIEGE SOCIAL
    PDF
  • Mandates26/01/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/11/2004
    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 20255,4 k €↑
  2. 2024
    Annual accounts 2024-2,9 k €↓
  3. 2023
    Annual accounts 2023-386,4 €↑
  4. 2022
    Annual accounts 2022-508,2 €↓
  5. 2021
    Annual accounts 20211,2 k €↑
  6. 2020
    Annual accounts 2020-99,7 k €↓
  7. 2019
    Annual accounts 20195,9 k €↑
  8. 2018
    Annual accounts 2018-7,7 k €↓
  9. 2017
    Annual accounts 201732,3 k €↑
  10. 2016
    Annual accounts 2016-13 k €↑
  11. 2015
    Annual accounts 2015-17,7 k €↓
  12. 2014
    Annual accounts 20143,3 k €↓
  13. 2013
    Annual accounts 20137,4 k €↑
  14. 2012
    Annual accounts 20125,9 k €↓
  15. 2011
    Annual accounts 201110,4 k €↓
  16. 2010
    Annual accounts 201018 k €↑
  17. 2009
    Annual accounts 200913,8 k €↑
  18. 2008
    Annual accounts 2008-2,5 k €↓
  19. 2007
    Annual accounts 20077,6 k €
  20. 17/03/1977
    IncorporationPublic limited company