ACTIVE

A. BOUCKAERT

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Financial year 2025 · closed on 31/12/2025

Net result

192,9 k €

+2.1% YoY

Gross margin

930,7 k €

+10.3% YoY

Equity

314 k €

0.0% YoY

Workforce

9,1 ETP

-4.2% YoY

What does A. BOUCKAERT do?

A. BOUCKAERT is a Public limited company incorporated in 1986. Its main activity is: Wholesale of solid, liquid and gaseous fuels and related products. Its registered office is in Ixelles. It employs on average 9,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.604.594

Incorporation

27/03/1986

Legal form

Public limited company

Registered office

Rue du Page 53
1050 Ixelles · BruxellesSee on map

Contributed capital

76 846,99 €

Latest accounts

31/12/2025

Average workforce

9,1 ETP

Activities (NACE)

46710Wholesale of solid, liquid and gaseous fuels and related products· main 46810Wholesale trade, except of motor vehicles and motorcycles 51510Air transport 46731Wholesale of wood, construction materials and sanitary equipment 46831Wholesale trade, except of motor vehicles and motorcycles 47781Other retail sale of new goods in specialised stores+3

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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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
Gross margin	930,7 k €	+10.3%	843,7 k €	+2.8%	820,6 k €	-16.3%	981 k €	+5.5%	929,4 k €	-7.3%	1 M €	+30.6%	768,4 k €	-9.5%	849,2 k €	-2.6%	872 k €	-10.1%	970 k €	+11.9%	866,8 k €	-10.0%	962,9 k €	+1.0%	953 k €	-16.1%	1,1 M €	+7.3%	1,1 M €	+2.3%	1 M €	-9.2%	1,1 M €	+3.0%	1,1 M €	+18.4%	934,9 k €	+18.3%	790,6 k €
EBITDA	369 k €	+10.7%	333,3 k €	+26.5%	263,6 k €	-46.9%	496,8 k €	+4.4%	476,1 k €	-15.3%	562,3 k €	+60.3%	350,9 k €	-21.2%	445,2 k €	-6.2%	474,5 k €	-18.0%	578,6 k €	+40.3%	412,4 k €	-17.5%	500,1 k €	+25.9%	397,1 k €	-40.1%	662,8 k €	+9.9%	603 k €	+0.8%	598,1 k €	-9.8%	663,1 k €	+2.2%	648,6 k €	+20.6%	538 k €	+50.0%	358,7 k €
Operating result	262,2 k €	+5.5%	248,5 k €	+15.2%	215,7 k €	-53.6%	465,2 k €	+7.6%	432,5 k €	-16.1%	515,8 k €	+69.5%	304,2 k €	-22.3%	391,6 k €	-10.4%	437,1 k €	-21.4%	555,7 k €	+40.5%	395,6 k €	-17.3%	478,2 k €	+29.4%	369,7 k €	-40.5%	621,7 k €	+15.8%	537 k €	+1.9%	527 k €	-10.3%	587,6 k €	-0.7%	591,8 k €	+25.2%	472,6 k €	+49.5%	316,1 k €
Net result	192,9 k €	+2.1%	189 k €	+12.3%	168,3 k €	-52.3%	352,6 k €	+8.2%	326 k €	-16.8%	392 k €	+79.6%	218,3 k €	-22.7%	282,4 k €	-2.4%	289,5 k €	-21.7%	369,7 k €	+38.9%	266,1 k €	-18.1%	325 k €	+33.4%	243,7 k €	-40.8%	411,3 k €	+15.5%	356,2 k €	+1.1%	352,3 k €	-10.9%	395,2 k €	-2.6%	405,6 k €	+24.6%	325,5 k €	+47.6%	220,6 k €
Balance sheet
Equity	314 k €	0.0%	314 k €	+1.3%	310 k €	+119%	141,7 k €	+0.1%	141,6 k €	+0.0%	141,6 k €	+0.0%	141,6 k €	+0.2%	141,3 k €	+0.3%	140,9 k €	+0.3%	140,4 k €	-0.2%	140,7 k €	+0.8%	139,6 k €	-0.0%	139,6 k €	+10.8%	126 k €	+9.8%	114,7 k €	+5.7%	108,5 k €	+2.2%	106,2 k €	-49.7%	211,1 k €	+2.7%	205,5 k €	+14.2%	179,9 k €
Total assets	2,2 M €	-3.0%	2,2 M €	+11.9%	2 M €	+4.3%	1,9 M €	+5.9%	1,8 M €	+4.6%	1,7 M €	+14.2%	1,5 M €	+2.2%	1,5 M €	-1.3%	1,5 M €	+8.3%	1,4 M €	+8.7%	1,3 M €	-3.3%	1,3 M €	+5.6%	1,2 M €	-15.4%	1,5 M €	+19.7%	1,2 M €	-4.3%	1,3 M €	-2.6%	1,3 M €	+7.4%	1,2 M €	-8.1%	1,3 M €	+18.7%	1,1 M €
Cash	400,3 k €	+15.5%	346,6 k €	+80.7%	191,8 k €	-41.3%	326,8 k €	-7.6%	353,7 k €	-14.2%	412,2 k €	+92.3%	214,4 k €	+28.9%	166,3 k €	-25.4%	222,9 k €	-12.9%	256 k €	+27.4%	200,9 k €	-16.8%	241,5 k €	+20.2%	201 k €	-43.9%	358,5 k €	+131%	155,2 k €	-39.2%	255,1 k €	-41.1%	432,9 k €	-6.8%	464,5 k €	-12.0%	527,5 k €	+50.9%	349,5 k €
Debts	1,8 M €	-3.5%	1,9 M €	+13.9%	1,7 M €	-4.9%	1,8 M €	+6.4%	1,7 M €	+5.0%	1,6 M €	+15.7%	1,4 M €	+2.4%	1,3 M €	-1.5%	1,3 M €	+9.2%	1,2 M €	+9.8%	1,1 M €	-3.8%	1,2 M €	+6.3%	1,1 M €	-17.9%	1,3 M €	+20.7%	1,1 M €	-5.2%	1,2 M €	-3.1%	1,2 M €	+19.3%	1 M €	-10.1%	1,1 M €	+19.6%	941,5 k €
Other
Workforce	9,1 ETP	-4.2%	9,5 ETP	+17.3%	8,1 ETP	-9.0%	8,9 ETP	-11.0%	10,0 ETP	-1.0%	10,1 ETP	+9.8%	9,2 ETP	+22.7%	7,5 ETP	-11.8%	8,5 ETP	0.0%	8,5 ETP	-5.6%	9,0 ETP	0.0%	9,0 ETP	+38.5%	6,5 ETP	0.0%	6,5 ETP	0.0%	6,5 ETP	0.0%	6,5 ETP	-1.5%	6,6 ETP	-12.0%	7,5 ETP	+1.4%	7,4 ETP	+4.2%	7,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

GERVO

Managing director · since 24 mai 2022 · until 10 mai 2028 · 0675.930.741

Represented by NICOLAS GERARD

Active

Michel Gerard

Director · since 24 mai 2022 · until 10 mai 2028

Active

Ended mandates

GERVO

Managing director · since 01 septembre 2017 · until 31 mai 2022 · 0675.930.741

Represented by NICOLAS GERARD

Ended

GERVO

Managing director · since 01 septembre 2017 · until 31 mai 2022 · 0675.930.741

Represented by NICOLAS GERARD

Ended

Michel Gerard

Managing director · since 01 septembre 2017 · until 31 mai 2022

Ended

Chantal Declercq

Director · since 14 mai 2014 · until 14 mai 2020

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	22/05/2026	17/04/2025	02/07/2024	09/06/2023	02/06/2022	06/07/2021
General meeting	29/04/2026	15/04/2025	27/06/2024	07/06/2023	24/05/2022	28/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/04/2026	22/05/2026	French	PDF
Abridged model	31/12/2024	15/04/2025	17/04/2025	French	PDF
Abridged model	31/12/2023	27/06/2024	02/07/2024	French	PDF
Abridged model	31/12/2022	07/06/2023	09/06/2023	French	PDF
Abridged model	31/12/2021	24/05/2022	02/06/2022	French	PDF
Abridged model	31/12/2020	28/06/2021	06/07/2021	French	PDF
Abridged model	31/12/2019	25/06/2020	30/06/2020	French	PDF
Abridged model	31/12/2018	18/07/2019	19/07/2019	French	PDF
Abridged model	31/12/2017	14/06/2018	19/06/2018	French	PDF
Abridged model	31/12/2016	19/05/2017	29/05/2017	French	PDF
Abridged model	31/12/2015	18/05/2016	24/05/2016	French	PDF
Abridged model	31/12/2014	22/05/2015	29/05/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	04/07/2014	French	PDF
Abridged model	31/12/2012	29/05/2013	31/05/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	29/06/2012	French	PDF
Abridged model	31/12/2010	16/06/2011	29/06/2011	French	PDF
Abridged model	31/12/2009	17/06/2010	06/07/2010	French	PDF
Abridged model	31/12/2008	24/06/2009	15/07/2009	French	PDF
Abridged model	31/12/2007	14/05/2008	23/07/2008	French	PDF
Abridged model	31/12/2006	09/05/2007	22/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 11 ended

Active mandates

GERVO

Managing director · since 24 mai 2022 · until 10 mai 2028 · 0675.930.741

Represented by NICOLAS GERARD

Active

Michel Gerard

Director · since 24 mai 2022 · until 10 mai 2028

Active

Ended mandates

GERVO

Managing director · since 01 septembre 2017 · until 31 mai 2022 · 0675.930.741

Represented by NICOLAS GERARD

Ended

GERVO

Managing director · since 01 septembre 2017 · until 31 mai 2022 · 0675.930.741

Represented by NICOLAS GERARD

Ended

Michel Gerard

Managing director · since 01 septembre 2017 · until 31 mai 2022

Ended

Chantal Declercq

Director · since 14 mai 2014 · until 14 mai 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/04/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates04/10/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates19/06/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares11/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/08/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates03/11/2004
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

2025
Annual accounts 2025192,9 k €↑
2024
Annual accounts 2024189 k €↑
2023
Annual accounts 2023168,3 k €↓
2022
Annual accounts 2022352,6 k €↑
2021
Annual accounts 2021326 k €↓
2020
Annual accounts 2020392 k €↑
2019
Annual accounts 2019218,3 k €↓
2018
Annual accounts 2018282,4 k €↓
2017
Annual accounts 2017289,5 k €↓
2016
Annual accounts 2016369,7 k €↑
2015
Annual accounts 2015266,1 k €↓
2014
Annual accounts 2014325 k €↑
2013
Annual accounts 2013243,7 k €↓
2012
Annual accounts 2012411,3 k €↑
2011
Annual accounts 2011356,2 k €↑
2010
Annual accounts 2010352,3 k €↓
2009
Annual accounts 2009395,2 k €↓
2008
Annual accounts 2008405,6 k €↑
2007
Annual accounts 2007325,5 k €↑
2006
Annual accounts 2006220,6 k €
27/03/1986
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

A. BOUCKAERT

Overview

What does A. BOUCKAERT do?

Trend over 20 financial years

Indicative valuation

Board of directors

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