ACTIVE

INDUSTRIAL FUEL TECHNOLOGY

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Financial year 2025 · Closed on 31/12/2025

Net result
1,7 M €
+2,5 %over 1 year
Gross margin
192,4 k €
-3,4 %over 1 year
Equity
29 M €
+1,6 %over 1 year
Workforce
0,0 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
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin192,4 k €199,2 k €140,8 k €91,9 k €105 k €
EBITDA171,2 k €74,1 k €133 k €85,3 k €-51,9 k €
Operating result-35,6 k €-72,3 k €-40,1 k €-52,9 k €-115,6 k €
Net result1,7 M €1,7 M €2,6 M €4 M €2,9 M €
Balance sheet
Equity29 M €28,5 M €27,2 M €24,9 M €24 M €
Total assets30,3 M €28,9 M €27,7 M €28,1 M €26,1 M €
Cash42,6 k €447,5 k €234,8 k €145,2 k €61,6 k €
Debts1,3 M €418,8 k €456,4 k €3,2 M €1,8 M €
Other
Workforce0,0 ETP0,0 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 · 3 ended

Active mandates

Filip ENGELEN

Director · since 24 août 2022

Active

Ended mandates

Filip ENGELEN

Director · since 12 juillet 1999

Ended
Filip Engelen

Director

Ended
Filip Engelen

Manager

Ended

Other companies at this address

D'Herbouvillekaai 100 2020 Antwerpen
CompanyCBE 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
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 date30/07/202607/07/202506/08/202419/07/202314/07/202225/06/2021
General meeting30/06/202616/06/202528/06/202430/06/202307/06/202201/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/07/2026DutchPDF
Abridged model31/12/202416/06/202507/07/2025DutchPDF
Abridged model31/12/202328/06/202406/08/2024DutchPDF
Abridged model31/12/202230/06/202319/07/2023DutchPDF
Abridged model31/12/202107/06/202214/07/2022DutchPDF
Abridged model31/12/202001/06/202125/06/2021DutchPDF
Abridged model31/12/201902/06/202030/06/2020DutchPDF
Abridged model31/12/201804/06/201928/06/2019DutchPDF
Abridged model31/12/201705/06/201829/06/2018DutchPDF
Abridged model31/12/201606/06/201728/06/2017DutchPDF
Abridged model31/12/201507/06/201606/07/2016DutchPDF
Abridged model31/12/201402/06/201512/06/2015DutchPDF
Abridged model31/12/201303/06/201416/06/2014DutchPDF
Abridged model31/12/201204/06/201306/06/2013DutchPDF
Abridged model31/12/201126/06/201216/07/2012DutchPDF
Abridged model31/12/201007/06/201130/06/2011DutchPDF
Abridged model31/12/200922/06/201022/07/2010DutchPDF
Abridged model31/12/200802/06/200931/08/2009DutchPDF
Abridged model31/12/200706/06/200828/08/2008DutchPDF
Abridged model31/12/200606/06/200702/07/2007DutchPDF

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 · 3 ended

Active mandates

Filip ENGELEN

Director · since 24 août 2022

Active

Ended mandates

Filip ENGELEN

Director · since 12 juillet 1999

Ended
Filip Engelen

Director

Ended
Filip Engelen

Manager

Ended

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

  1. 2025
    Annual accounts 20251,7 M €↑
  2. 2024
    Annual accounts 20241,7 M €↓
  3. 2023
    Annual accounts 20232,6 M €↓
  4. 2022
    Annual accounts 20224 M €↑
  5. 2021
    Annual accounts 20212,9 M €↓
  6. 2020
    Annual accounts 20203,2 M €↑
  7. 2019
    Annual accounts 20192,8 M €↑
  8. 2018
    Annual accounts 20181,4 M €↓
  9. 2017
    Annual accounts 20174,8 M €↑
  10. 2016
    Annual accounts 20162,8 M €↑
  11. 2015
    Annual accounts 20152,4 M €↓
  12. 2014
    Annual accounts 20142,5 M €↓
  13. 2013
    Annual accounts 20132,9 M €↑
  14. 2012
    Annual accounts 2012481,3 k €↑
  15. 2011
    Annual accounts 2011477 k €↓
  16. 2010
    Annual accounts 2010492,2 k €↓
  17. 2009
    Annual accounts 20093,6 M €↑
  18. 2008
    Annual accounts 200854,2 k €↓
  19. 2007
    Annual accounts 200762,9 k €↑
  20. 2006
    Annual accounts 200655,2 k €
  21. 13/12/1994
    IncorporationPrivate limited company