ACTIVE

INDUSTRIAL FUEL TECHNOLOGY

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Financial year 2025 · Closed on 31/12/2025

Net result1,7 M €+2,5 %over 1 year

Gross margin192,4 k €-3,4 %over 1 year

Equity29 M €+1,6 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

INDUSTRIAL FUEL TECHNOLOGY is a Private limited company incorporated in 1994. Its main activity is: Wholesale of other intermediate products. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0454.122.425
Incorporation: 13/12/1994
Legal form: Private limited company
Registered office: D'Herbouvillekaai 100
2020 Antwerpen · FlandreSee on map
Contributed capital: 2 975 822,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

46769Wholesale of other intermediate products· main 46869Wholesale trade, except of motor vehicles and motorcycles 51562Air transport 46710Wholesale of solid, liquid and gaseous fuels and related products 46810Wholesale trade, except of motor vehicles and motorcycles 51510Air transport

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	192,4 k €	-3.4%	199,2 k €	+41.4%	140,8 k €	+53.3%	91,9 k €	-12.4%	105 k €
EBITDA	171,2 k €	+131%	74,1 k €	-44.3%	133 k €	+56.0%	85,3 k €	+264%	-51,9 k €
Operating result	-35,6 k €	+50.8%	-72,3 k €	-80.2%	-40,1 k €	+24.1%	-52,9 k €	+54.2%	-115,6 k €
Net result	1,7 M €	+2.5%	1,7 M €	-33.5%	2,6 M €	-35.8%	4 M €	+39.3%	2,9 M €
Balance sheet
Equity	29 M €	+1.6%	28,5 M €	+4.8%	27,2 M €	+9.3%	24,9 M €	+3.7%	24 M €
Total assets	30,3 M €	+4.7%	28,9 M €	+4.6%	27,7 M €	-1.4%	28,1 M €	+7.4%	26,1 M €
Cash	42,6 k €	-90.5%	447,5 k €	+90.6%	234,8 k €	+61.7%	145,2 k €	+136%	61,6 k €
Debts	1,3 M €	+219%	418,8 k €	-8.2%	456,4 k €	-85.7%	3,2 M €	+73.6%	1,8 M €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Filip ENGELEN	Directorsince 12/07/1999Manager2018 accountsended

Other companies at this address

D'Herbouvillekaai 100 2020 Antwerpen

Company	CBE no.
Alca Petroleum Company● Active	0404.560.769
Belgomazout● Active	0404.565.224
HERINVEST● Active	0795.271.227
PALLAS BELGIUM● Active	0464.760.157

Full financial information

Source · NBB

	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	30/07/2026	07/07/2025	06/08/2024	19/07/2023	14/07/2022	25/06/2021
General meeting	30/06/2026	16/06/2025	28/06/2024	30/06/2023	07/06/2022	01/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	07/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	06/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	19/07/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	14/07/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	04/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	05/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	12/06/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	06/06/2013	Dutch	PDF
Abridged model	31/12/2011	26/06/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	22/06/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	02/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Filip ENGELEN	Directorsince 12/07/1999Manager2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other22/09/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other06/01/2015
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares18/02/2014
KAPITAAL - AANDELEN
PDF
Capital / shares02/02/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Filip ENGELEN

199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

INDUSTRIAL FUEL TECHNOLOGY

D'Herbouvillekaai 100, 2020 Antwerp-2020

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
D'Herbouvillekaai 100, 2020 Antwerp-2020Current	accounts 2021 → 2025	Accounts 2025 · 2026-00376066

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
INDUSTRIAL FUEL TECHNOLOGYCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00376066

Events

2025
Annual accounts 20251,7 M €↑
2024
Annual accounts 20241,7 M €↓
2023
Annual accounts 20232,6 M €↓
2022
Annual accounts 20224 M €↑
2021
Annual accounts 20212,9 M €↓
2020
Annual accounts 20203,2 M €↑
2019
Annual accounts 20192,8 M €↑
2018
Annual accounts 20181,4 M €↓
2017
Annual accounts 20174,8 M €↑
2016
Annual accounts 20162,8 M €↑
2015
Annual accounts 20152,4 M €↓
2014
Annual accounts 20142,5 M €↓
2013
Annual accounts 20132,9 M €↑
2012
Annual accounts 2012481,3 k €↑
2011
Annual accounts 2011477 k €↓
2010
Annual accounts 2010492,2 k €↓
2009
Annual accounts 20093,6 M €↑
2008
Annual accounts 200854,2 k €↓
2007
Annual accounts 200762,9 k €↑
2006
Annual accounts 200655,2 k €
13/12/1994
IncorporationPrivate limited company

INDUSTRIAL FUEL TECHNOLOGY

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

Registered offices

Company names

Events