ACTIVE

Kuwait Petroleum Aviation Belgium

Financial year 2025 · Closed on 31/03/2025

Net result2,2 M €+936,4 %over 1 year
Revenue178,9 M €-25,4 %over 1 year
Equity7,3 M €+110,5 %over 1 year

Identity

Source · BCE/KBO

Kuwait Petroleum Aviation Belgium is a Private limited company incorporated in 2002. Its main activity is: Retail sale of automotive fuel in specialised stores. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.715.102
Incorporation
07/06/2002
Legal form
Private limited company
Registered office
Desguinlei 100 box 8
2018 Antwerpen · FlandreSee on map
Contributed capital
7 091 323,00 €
Latest accounts
31/03/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 19 filings

Trend over 12 financial years

20252023202220182017
Income statement
Revenue178,9 M €239,8 M €159,1 M €168,2 M €197,3 M €
EBITDA1,7 M €-27,4 k €-1,8 M €2,1 M €-237,3 k €
Operating result1,7 M €-4,7 k €-1,8 M €1,9 M €-237,3 k €
Net result2,2 M €207,8 k €-1,9 M €588,2 k €-170,3 k €
Balance sheet
Equity7,3 M €3,5 M €-1,7 M €2,5 M €-6,6 M €
Total assets28,7 M €27,4 M €22 M €16,2 M €32,7 M €
Cash176,9 k €173,6 k €482 k €7,6 k €12,2 k €
Debts21,4 M €24 M €23,8 M €13,6 M €39,3 M €

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 31/03/2016

4 active · 11 ended

Last known composition, from the accounts closed on 31/03/2016, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Joseph Nyns

Director · since 03 novembre 2014 · until 21 septembre 2020

Active
Mark Welch

Director · since 30 novembre 2012 · until 17 septembre 2018

Active
Steve Newton

Director · since 30 novembre 2012 · until 17 septembre 2018

Active
Fadel Al Faraj

Director · since 31 mars 2010

Active

Ended mandates

Mark Welch

Director · since 30 novembre 2012 · until 18 septembre 2013

Ended
Steve Newton

Director · since 30 novembre 2012 · until 18 septembre 2013

Ended
Fadel Al Faraj

Director · since 31 mars 2010 · until 31 mars 2016

Ended
Claude Herreman

Manager · since 15 septembre 2009 · until 18 mai 2015

Ended

Other companies at this address

Desguinlei 100 2018 Antwerpen
CompanyCBE no.
0414.598.091
0871.830.357
AUTOCENTER2● Active
0464.254.371
BELSBERG● Active
0774.324.769
1003.491.823
BELSBERG GROUP● Active
1023.024.653
Bendr● Active
1038.821.005
B.M.S.● Active
0457.915.026
BOBICO● Active
0450.557.377
BOUWRAMA● Active
0475.948.316
Castor● Active
0416.007.363
DCSL● Active
1037.513.780
D.D.M.● Active
0436.061.916
1009.964.196
0465.183.987
FISCOFIN● Active
1007.745.173
GAMMA BELGIE● Active
0419.661.590
HABLOVA● Active
0781.995.489
HEEBO● Active
0436.116.057
HEEBRI● Active
0427.389.621

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/01/202619/11/202506/12/202408/10/202402/08/202220/12/2021
General meeting22/12/202518/11/202529/11/202430/09/202428/07/202213/12/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202522/12/202512/01/2026DutchPDF
Full model31/03/202418/11/202519/11/2025DutchPDF
Full model31/03/202329/11/202406/12/2024DutchPDF
Full model31/03/202230/09/202408/10/2024DutchPDF
Full model31/03/202128/07/202202/08/2022DutchPDF
Full model31/03/202013/12/202120/12/2021DutchPDF
Full model31/03/201929/11/201903/12/2019DutchPDF
Full model31/03/201812/12/201819/12/2018DutchPDF
Full model31/03/201718/09/201728/09/2017DutchPDF
Full model31/03/201609/12/201629/12/2016DutchPDF
Full model31/03/201507/10/201520/10/2015DutchPDF
Full model31/03/201415/09/201423/09/2014DutchPDF
Full model31/03/201323/09/201325/09/2013DutchPDF
Full model31/03/201211/03/201328/03/2013DutchPDF
Full model31/03/201130/11/201228/03/2013DutchPDF
Full model31/12/200929/06/201019/07/2010DutchPDF
Full model31/12/200821/09/200905/10/2009DutchPDF
Full model31/12/200719/05/200815/12/2008DutchPDF
Full model31/12/200621/05/200703/09/2007DutchPDF

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 31/03/2016

4 active · 11 ended

Last known composition, from the accounts closed on 31/03/2016, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Joseph Nyns

Director · since 03 novembre 2014 · until 21 septembre 2020

Active
Mark Welch

Director · since 30 novembre 2012 · until 17 septembre 2018

Active
Steve Newton

Director · since 30 novembre 2012 · until 17 septembre 2018

Active
Fadel Al Faraj

Director · since 31 mars 2010

Active

Ended mandates

Mark Welch

Director · since 30 novembre 2012 · until 18 septembre 2013

Ended
Steve Newton

Director · since 30 novembre 2012 · until 18 septembre 2013

Ended
Fadel Al Faraj

Director · since 31 mars 2010 · until 31 mars 2016

Ended
Claude Herreman

Manager · since 15 septembre 2009 · until 18 mai 2015

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other22/09/2026
    —
    PDF
  • Mandates19/08/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/09/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/12/2017
    ONTSLAGEN - BENOEMINGEN
    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 20252,2 M €↑
  2. 2023
    Annual accounts 2023207,8 k €↑
  3. 2022
    Annual accounts 2022-1,9 M €↓
  4. 2018
    Annual accounts 2018588,2 k €↑
  5. 2017
    Annual accounts 2017-170,3 k €↑
  6. 2016
    Annual accounts 2016-4,2 M €↓
  7. 2015
    Annual accounts 2015-3,6 M €↓
  8. 2014
    Annual accounts 2014-780,7 k €↓
  9. 2012
    Annual accounts 2012-36,4 k €↑
  10. 2011
    Annual accounts 2011-65,3 k €↑
  11. 2009
    Annual accounts 2009-80,2 k €↓
  12. 2009
    Name changeKuwait Petroleum Aviation Belgium
  13. 2008
    Annual accounts 2008-70,2 k €
  14. 2008
    Name changeTANGO BELGIE PILOT
  15. 07/06/2002
    IncorporationPrivate limited company