ACTIVE

ICL Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result2 M €+19,2 %over 1 year

Revenue37,6 M €+8,6 %over 1 year

Equity23,5 M €+9,3 %over 1 year

Workforce30,3 ETP+3,1 %over 1 year

Identity

Source · BCE/KBO

ICL Belgium is a Public limited company incorporated in 1992. Its main activity is: Manufacture of fertilisers and nitrogen compounds. Its registered office is in Grobbendonk. It employs on average 30,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0448.871.953
Incorporation: 15/12/1992
Legal form: Public limited company
Registered office: Industrieweg 20
2280 Grobbendonk · FlandreSee on map
Contributed capital: 7 624 828,80 €
Latest accounts: 31/12/2025
Average workforce: 30,3 ETP

Activities (NACE)

20150Manufacture of fertilisers and nitrogen compounds· main 20150Manufacture of fertilisers and nitrogen compounds

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	37,6 M €	+8.6%	34,6 M €	+40.7%	24,6 M €	-46.7%	46,1 M €	+56.0%	29,6 M €
EBITDA	2,7 M €	+14.5%	2,4 M €	+25.3%	1,9 M €	-30.5%	2,7 M €	+68.8%	1,6 M €
Operating result	2,2 M €	+20.0%	1,8 M €	+37.4%	1,3 M €	-41.8%	2,3 M €	+88.4%	1,2 M €
Net result	2 M €	+19.2%	1,7 M €	+15.6%	1,5 M €	-14.6%	1,7 M €	+86.7%	910,5 k €
Balance sheet
Equity	23,5 M €	+9.3%	21,5 M €	+8.5%	19,9 M €	+7.9%	18,4 M €	+10.2%	16,7 M €
Total assets	29,5 M €	-1.9%	30,1 M €	+15.9%	25,9 M €	-9.0%	28,5 M €	+31.1%	21,7 M €
Cash	99,3 k €	+91.0%	52 k €	-78.9%	246,4 k €	-10.0%	273,8 k €	-73.4%	1 M €
Debts	6 M €	-30.1%	8,5 M €	+40.1%	6,1 M €	-39.8%	10,1 M €	+119%	4,6 M €
Other
Workforce	30,3 ETP	+3.1%	29,4 ETP	-5.5%	31,1 ETP	+0.6%	30,9 ETP	+1.3%	30,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 34 ended

Active mandates

Arjen Hogendoorn

Director · since 18 juillet 2025 · until 17 juillet 2031

Active

Joost Antonie Verhoeven

Director · since 17 juin 2022 · until 16 juin 2028

Active

Ended mandates

Arjen Hogendoorn

Director · since 07 avril 2025 · until 17 juillet 2031

Ended

Arjen Hogendoorn

Director · since 08 avril 2019 · until 07 avril 2025

Ended

Fredericus Johannes Lambertus Bosch

Director · since 20 juin 2014 · until 30 novembre 2017

Ended

Fredericus Johannes Lambertus Bosch

Director · since 20 juin 2014 · until 15 mai 2020

Ended

Other companies at this address

Industrieweg 20 2280 Grobbendonk

Company	CBE no.
ICL Belgium (Sales)● Active	0828.364.756

Full financial information

Source · NBB

	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	15/07/2026	25/07/2025	29/07/2024	11/12/2023	12/05/2023	19/09/2022
General meeting	15/07/2026	18/07/2025	26/07/2024	30/11/2023	14/04/2023	15/09/2022
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/07/2026	15/07/2026	Dutch	PDF
Full model	31/12/2024	18/07/2025	25/07/2025	Dutch	PDF
Full model	31/12/2023	26/07/2024	29/07/2024	Dutch	PDF
Full model	31/12/2022	30/11/2023	11/12/2023	Dutch	PDF
Full model	31/12/2021	14/04/2023	12/05/2023	Dutch	PDF
Full model	31/12/2020	15/09/2022	19/09/2022	Dutch	PDF
Full model	31/12/2019	17/06/2022	16/08/2022	Dutch	PDF
Full model	31/12/2018	06/12/2019	09/12/2019	Dutch	PDF
Full model	31/12/2017	14/09/2018	14/09/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	22/06/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	14/09/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	28/07/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	01/08/2014	Dutch	PDF
Full model	31/12/2012	11/06/2013	10/07/2013	Dutch	PDF
Full model	31/12/2011	05/06/2012	31/08/2012	Dutch	PDF
Full model	31/12/2010	31/05/2011	29/07/2011	Dutch	PDF
Full model	31/12/2009	15/06/2010	31/08/2010	Dutch	PDF
Full modelCorrection	31/12/2008	17/06/2009	16/09/2009	Dutch	PDF
Full model	31/12/2008	17/06/2009	31/07/2009	Dutch	PDF
Full model	31/12/2007	15/05/2008	22/07/2008	Dutch	PDF
Full model	31/12/2006	15/05/2007	11/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

2 active · 34 ended

Active mandates

Arjen Hogendoorn

Director · since 18 juillet 2025 · until 17 juillet 2031

Active

Joost Antonie Verhoeven

Director · since 17 juin 2022 · until 16 juin 2028

Active

Ended mandates

Arjen Hogendoorn

Director · since 07 avril 2025 · until 17 juillet 2031

Ended

Arjen Hogendoorn

Director · since 08 avril 2019 · until 07 avril 2025

Ended

Fredericus Johannes Lambertus Bosch

Director · since 20 juin 2014 · until 30 novembre 2017

Ended

Fredericus Johannes Lambertus Bosch

Director · since 20 juin 2014 · until 15 mai 2020

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates29/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/11/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Mandates24/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2018
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 20252 M €↑
2024
Annual accounts 20241,7 M €↑
2023
Annual accounts 20231,5 M €↓
2022
Annual accounts 20221,7 M €↑
2021
Annual accounts 2021910,5 k €↑
2020
Annual accounts 2020898,5 k €↑
2019
Annual accounts 2019864,5 k €↑
2018
Annual accounts 2018863,2 k €↑
2017
Annual accounts 2017166,3 k €↑
2016
Annual accounts 2016-197,1 k €↓
2015
Annual accounts 201523,6 k €↓
2014
Annual accounts 2014592,2 k €↓
2012
Annual accounts 20126,9 M €↑
2011
Annual accounts 20112,8 M €↑
2010
Annual accounts 20102,4 M €↓
2009
Annual accounts 20092,6 M €↓
2008
Annual accounts 20082,8 M €↑
2007
Annual accounts 2007908,6 k €↓
2006
Annual accounts 20061,6 M €
15/12/1992
IncorporationPublic limited company

ICL Belgium

Overview

Identity

Financials

Valuation

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

Timeline