ACTIVE

EUROPEAN FUEL MANUFACTURERS aSSOCIATION

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Financial year 2025 · Closed on 31/12/2025

Net result5,8 M €+7,3 %over 1 year
Revenue9,4 M €-20,9 %over 1 year
Equity22,7 M €+34,1 %over 1 year
Workforce50,2 ETP+3,5 %over 1 year

Identity

Source · BCE/KBO

EUROPEAN FUEL MANUFACTURERS aSSOCIATION is a International non-profit organization incorporated in 1990. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Etterbeek. It employs on average 50,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.441.663
Incorporation
25/04/1990
Legal form
International non-profit organization
Registered office
Avenue des Nerviens 85
1040 Etterbeek · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
50,2 ETP
Joint committees (1)
  • 337
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue9,4 M €11,9 M €5,1 M €4 M €4,2 M €
EBITDA6,5 M €5,8 M €-97,5 k €-1,7 M €-686,2 k €
Operating result5,5 M €5 M €-531,9 k €-1,8 M €-807 k €
Net result5,8 M €5,4 M €-325,3 k €-1,9 M €-890,7 k €
Balance sheet
Equity22,7 M €16,9 M €11,5 M €11,9 M €13,8 M €
Total assets35,1 M €29,7 M €26,2 M €25,4 M €26,1 M €
Cash6,4 M €27,5 M €4,9 M €23,5 M €24,5 M €
Debts5,1 M €4,1 M €4,8 M €4,6 M €4,3 M €
Other
Workforce50,2 ETP48,5 ETP43,5 ETP41,5 ETP37,4 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

19 active · 269 ended

Active mandates

BP INTERNATIONAL Ltd

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Louise Kingham

Active
Detlev Woesten

Vice-chairman of the board of directors · since 05 juin 2025 · until 10 juin 2027

Active
ENI s.p.a.

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Umberto Carrara

Active
Equinor

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Sissel Nepstad

Active
EXXONMOBIL PETROLEUM & CHEMICAL

Director · since 05 juin 2025 · until 10 juin 2027 · 0416.375.270

Represented by Philippe Ducom

Active
Galp

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Bruno Ribeiro

Active
Hansen & Rosenthal AB

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Deltlev Woesten

Active
Helleniq Energy

Director · since 05 juin 2025 · until 10 juin 2027

Represented by George Alexopoulos

Active
Jarslaw Jablonski

Trésorier · since 05 juin 2025 · until 10 juin 2027

Active
Louis Cabra

Chairman of the board of directors · since 05 juin 2025 · until 10 juin 2027

Active
Neste Oy

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Lars Peter Lindfors

Active
OMV

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Achim Schempp

Active
Orlen SA

Director · since 05 juin 2025 · until 10 juin 2027 · 7740001454

Represented by Jakub Ruszel

Active
Phillips 66

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Callen Tree

Active
REPSOL YPF SA

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Jaime Martin Juez

Active
SHELL Ltd

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Sheida Khajavi

Active
TotalEnergies SA

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Vincent Stoquart

Active
VAROPreem

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Ludwig Kollberg

Active
Paschalina Gouta

Director General · since 01 janvier 2024 · until 31 décembre 2026

Active

Ended mandates

Phillips 66

Director · since 06 juin 2024 · until 05 juin 2025

Represented by John Askounis

Ended
BP INTERNATIONAL Ltd

Director · since 08 juin 2023 · until 05 juin 2025

Represented by Louise Kingham

Ended
BP INTERNATIONAL Ltd

Director · since 08 juin 2023 · until 07 juin 2025

Represented by Louise Kingham

Ended
ENI s.p.a.

Director · since 08 juin 2023 · until 07 juin 2025

Represented by Umberto Carrara

Ended

Other companies at this address

Avenue des Nerviens 85 1040 Etterbeek
CompanyCBE no.
CONFEDERATION DES ASSOCIATIONS EUROPEENNES DES SOCIETES DE COMMERCE INTERNATIONAL● Active
0874.270.896
DR. HEIKE LOERCHER● Active
0889.376.370
EDANA● Active
0411.532.101
EuroCommerce● Active
0449.507.896
EUROPEAN ALUMINIUM● Active
0480.720.716
EUROPEAN ASSOCIATION FOR SURFACE TREATMENT ON ALUMINIUM● Active
1005.972.746
European Biogas Association● Active
0811.023.928
European Bitumen Association● Active
0408.301.605
EUROPEAN NETWORK OF SOCIAL INTEGRATION ENTERPRISES● Active
0475.190.924
EUROPEAN WAX FEDERATION● Active
0866.466.851
EUROPECHE● Active
1009.811.570
EVERY CAN COUNTS● Active
0730.794.040
FEDERATION OF EUROPEAN SOCIAL EMPLOYERS● Active
0694.880.977
HOYNG ROKH MONEGIER● Active
0757.835.165
METALS FOR BUILDINGS● Active
0524.886.004
Seldia● Active
0420.029.202

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 date11/06/202613/06/202507/06/202408/06/202301/06/202211/06/2021
General meeting11/06/202605/06/202506/06/202408/06/202301/06/202210/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202511/06/202611/06/2026FrenchPDF
Full model31/12/202405/06/202513/06/2025FrenchPDF
Full model31/12/202306/06/202407/06/2024FrenchPDF
Full model31/12/202208/06/202308/06/2023FrenchPDF
Full model31/12/202101/06/202201/06/2022FrenchPDF
Full model31/12/202010/06/202111/06/2021FrenchPDF
Full modelCorrection31/12/201911/06/202027/05/2021FrenchPDF
Full model31/12/201904/06/202024/06/2020FrenchPDF
Full model31/12/201806/06/201907/06/2019FrenchPDF
Full model31/12/201706/06/201807/06/2018FrenchPDF
Full model31/12/201608/06/201712/06/2017FrenchPDF
Full model31/12/201509/06/201623/06/2016FrenchPDF
Full model31/12/201404/06/201505/06/2015FrenchPDF
Full model31/12/201305/06/201406/06/2014FrenchPDF
Full model31/12/201206/06/201312/06/2013FrenchPDF
Full model31/12/201107/06/201215/06/2012FrenchPDF
Full model31/12/201009/06/201117/06/2011FrenchPDF
Full model31/12/200903/06/201029/06/2010FrenchPDF
Full model31/12/200828/05/200928/10/2009FrenchPDF
Full model31/12/200708/05/200812/09/2008FrenchPDF
Full model31/12/200607/06/200703/10/2007FrenchPDF

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

19 active · 269 ended

Active mandates

BP INTERNATIONAL Ltd

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Louise Kingham

Active
Detlev Woesten

Vice-chairman of the board of directors · since 05 juin 2025 · until 10 juin 2027

Active
ENI s.p.a.

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Umberto Carrara

Active
Equinor

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Sissel Nepstad

Active
EXXONMOBIL PETROLEUM & CHEMICAL

Director · since 05 juin 2025 · until 10 juin 2027 · 0416.375.270

Represented by Philippe Ducom

Active
Galp

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Bruno Ribeiro

Active
Hansen & Rosenthal AB

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Deltlev Woesten

Active
Helleniq Energy

Director · since 05 juin 2025 · until 10 juin 2027

Represented by George Alexopoulos

Active
Jarslaw Jablonski

Trésorier · since 05 juin 2025 · until 10 juin 2027

Active
Louis Cabra

Chairman of the board of directors · since 05 juin 2025 · until 10 juin 2027

Active
Neste Oy

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Lars Peter Lindfors

Active
OMV

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Achim Schempp

Active
Orlen SA

Director · since 05 juin 2025 · until 10 juin 2027 · 7740001454

Represented by Jakub Ruszel

Active
Phillips 66

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Callen Tree

Active
REPSOL YPF SA

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Jaime Martin Juez

Active
SHELL Ltd

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Sheida Khajavi

Active
TotalEnergies SA

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Vincent Stoquart

Active
VAROPreem

Director · since 05 juin 2025 · until 10 juin 2027

Represented by Ludwig Kollberg

Active
Paschalina Gouta

Director General · since 01 janvier 2024 · until 31 décembre 2026

Active

Ended mandates

Phillips 66

Director · since 06 juin 2024 · until 05 juin 2025

Represented by John Askounis

Ended
BP INTERNATIONAL Ltd

Director · since 08 juin 2023 · until 05 juin 2025

Represented by Louise Kingham

Ended
BP INTERNATIONAL Ltd

Director · since 08 juin 2023 · until 07 juin 2025

Represented by Louise Kingham

Ended
ENI s.p.a.

Director · since 08 juin 2023 · until 07 juin 2025

Represented by Umberto Carrara

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office20/11/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other29/09/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

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 20255,8 M €↑
  2. 2024
    Annual accounts 20245,4 M €↑
  3. 2023
    Annual accounts 2023-325,3 k €↑
  4. 2022
    Annual accounts 2022-1,9 M €↓
  5. 2022
    Name changeEUROPEAN FUEL MANUFACTURERS aSSOCIATION
  6. 2021
    Annual accounts 2021-890,7 k €↓
  7. 2021
    Name changeEUROPEAN PETROLEUM REFINERS ASSOCIATION
  8. 2020
    Annual accounts 20202,4 M €↓
  9. 2019
    Annual accounts 20192,5 M €↓
  10. 2018
    Annual accounts 20183,7 M €↑
  11. 2017
    Annual accounts 2017783,8 k €↑
  12. 2016
    Annual accounts 2016321,7 k €↑
  13. 2015
    Annual accounts 201521,9 k €↑
  14. 2014
    Annual accounts 2014-2,3 M €↑
  15. 2012
    Annual accounts 2012-3,1 M €↓
  16. 2011
    Annual accounts 2011-640,9 k €↓
  17. 2010
    Annual accounts 20107,3 M €↑
  18. 2009
    Annual accounts 2009-2,3 M €↓
  19. 2008
    Annual accounts 20082,8 M €↑
  20. 2007
    Annual accounts 2007291,3 k €
  21. 25/04/1990
    IncorporationInternational non-profit organization