ACTIVE

XL SERVICESTATIONS

Financial year 2025 · Closed on 31/12/2025

Net result12,9 M €+12,3 %over 1 year
Revenue508,6 M €-4,3 %over 1 year
Equity17,8 M €-32,6 %over 1 year

Identity

Source · BCE/KBO

XL SERVICESTATIONS is a Public limited company incorporated in 2011. Its main activity is: Wholesale of solid, liquid and gaseous fuels and related products. Its registered office is in Waregem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0840.931.701
Incorporation
03/11/2011
Legal form
Public limited company
Registered office
Vredestraat 53
8790 Waregem · FlandreSee on map
Contributed capital
3 500 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue508,6 M €531,7 M €573,7 M €569,3 M €433,7 M €
EBITDA21,5 M €19 M €18,7 M €18,8 M €9,8 M €
Operating result17,8 M €15,1 M €14 M €12,6 M €3,4 M €
Net result12,9 M €11,5 M €10,2 M €8,8 M €1,9 M €
Balance sheet
Equity17,8 M €26,4 M €20,9 M €10,8 M €8,9 M €
Total assets60,6 M €55,2 M €48,5 M €48,3 M €39,8 M €
Cash150,9 k €136 k €919,5 k €562,9 k €484,7 k €
Debts41,4 M €25,8 M €25,5 M €35,5 M €30,1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 21 ended

Active mandates

GREEN HILL COMPANY

Managing director · since 24 juin 2025 · until 19 juin 2031 · 0457.921.756

Represented by Xavier Dewulf

Active
BERLONY

Director · since 31 mars 2025 · until 19 juin 2031 · 0422.207.148

Represented by Bernard Buyse

Active
QDC-Governance

Director · since 31 mars 2025 · until 19 juin 2031 · 0458.285.309

Represented by Dirk Clarysse

Active
Steven Buyse

Director · since 31 mars 2025 · until 19 juin 2025

Active

Ended mandates

GREEN HILL COMPANY

Managing director · since 24 juin 2025 · until 18 juin 2031 · 0457.921.756

Represented by Xavier Dewulf

Ended
BERLONY

Director · since 31 mars 2025 · until 18 juin 2031 · 0422.207.148

Represented by Bernard Buyse

Ended
QDC-Governance

Director · since 31 mars 2025 · until 18 juin 2031 · 0458.285.309

Represented by Dirk Clarysse

Ended
Steven Buyse

Director · since 31 mars 2025 · until 18 juin 2031

Ended

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Vredestraat 53 8790 Waregem
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BDL CONSTRUCT● Active
0633.919.447
0473.144.818
BedRocks● Active
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BFT Development● Active
1025.609.506
BIB Project● Active
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Blauwe Hoek● Active
0772.864.227
CADORE● Active
1025.610.692
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Carduus Beheer● Active
0769.576.125
0506.880.527
CENTRAL GARDENS● Active
0835.930.954
COBOS● Active
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CONGRES INVEST● Active
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0655.985.759

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 date15/07/202610/09/202511/07/202406/07/202323/09/202231/08/2021
General meeting14/07/202608/09/202519/06/202421/06/202322/09/202231/08/2021
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202514/07/202615/07/2026DutchPDF
Full model31/12/202408/09/202510/09/2025DutchPDF
Full model31/12/202319/06/202411/07/2024DutchPDF
Full model31/12/202221/06/202306/07/2023DutchPDF
Full model31/12/202122/09/202223/09/2022DutchPDF
Full model31/12/202031/08/202131/08/2021DutchPDF
Full model31/12/201931/08/202025/09/2020DutchPDF
Full model31/12/201819/06/201931/07/2019DutchPDF
Full model31/12/201720/06/201803/07/2018DutchPDF
Full model31/12/201621/06/201714/07/2017DutchPDF
Full model31/12/201515/06/201618/07/2016DutchPDF
Full model31/12/201417/06/201514/07/2015DutchPDF
Full model31/12/201330/06/201418/08/2014DutchPDF
Full model31/12/201219/06/201322/07/2013DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

4 active · 21 ended

Active mandates

GREEN HILL COMPANY

Managing director · since 24 juin 2025 · until 19 juin 2031 · 0457.921.756

Represented by Xavier Dewulf

Active
BERLONY

Director · since 31 mars 2025 · until 19 juin 2031 · 0422.207.148

Represented by Bernard Buyse

Active
QDC-Governance

Director · since 31 mars 2025 · until 19 juin 2031 · 0458.285.309

Represented by Dirk Clarysse

Active
Steven Buyse

Director · since 31 mars 2025 · until 19 juin 2025

Active

Ended mandates

GREEN HILL COMPANY

Managing director · since 24 juin 2025 · until 18 juin 2031 · 0457.921.756

Represented by Xavier Dewulf

Ended
BERLONY

Director · since 31 mars 2025 · until 18 juin 2031 · 0422.207.148

Represented by Bernard Buyse

Ended
QDC-Governance

Director · since 31 mars 2025 · until 18 juin 2031 · 0458.285.309

Represented by Dirk Clarysse

Ended
Steven Buyse

Director · since 31 mars 2025 · until 18 juin 2031

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring11/06/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring18/11/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates29/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/05/2025
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates06/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2018
    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. 01/01/2026
    split
  2. 2025
    Annual accounts 202512,9 M €↑
  3. 07/11/2025
    split
  4. 24/06/2025
    nominationBV Green Hill Company — gedelegeerd bestuurder
  5. 2024
    Annual accounts 202411,5 M €↑
  6. 19/06/2024
    reconductionFigurad Bedrijfsrevisoren BV — commissaris
  7. 2023
    Annual accounts 202310,2 M €↑
  8. 2022
    Annual accounts 20228,8 M €↑
  9. 2021
    Annual accounts 20211,9 M €↑
  10. 2020
    Annual accounts 2020337,1 k €↓
  11. 2019
    Annual accounts 20191,7 M €↑
  12. 2018
    Annual accounts 20181,3 M €↑
  13. 2017
    Annual accounts 201759,6 k €↓
  14. 2016
    Annual accounts 2016383,1 k €↓
  15. 2015
    Annual accounts 2015433,8 k €↑
  16. 2014
    Annual accounts 2014331,4 k €↑
  17. 2013
    Annual accounts 201356,4 k €↓
  18. 2012
    Annual accounts 2012124,5 k €
  19. 03/11/2011
    IncorporationPublic limited company