ACTIVE

MANUCHAR STEEL

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Financial year 2025 · Closed on 31/12/2025

Net result13 M €+367,6 %over 1 year
Revenue860,2 M €+18,4 %over 1 year
Equity16,3 M €+32,4 %over 1 year
Workforce37,8 ETP+24,3 %over 1 year

Identity

Source · BCE/KBO

MANUCHAR STEEL is a Public limited company incorporated in 2004. Its main activity is: Agents involved in the sale of fuels, ores, metals and industrial chemicals. Its registered office is in Antwerpen. It employs on average 37,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0865.797.353
Incorporation
16/06/2004
Legal form
Public limited company
Registered office
Rietschoorvelden 20
2170 Antwerpen · FlandreSee on map
Contributed capital
15 743 621,77 €
Latest accounts
31/12/2025
Average workforce
37,8 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue860,2 M €726,3 M €625,3 M €837,4 M €836,5 M €
EBITDA35,9 M €22,3 M €21,2 M €25,3 M €20,3 M €
Operating result36,5 M €22,6 M €19,7 M €24,6 M €20,4 M €
Net result13 M €2,8 M €3,6 M €13 M €8,9 M €
Balance sheet
Equity16,3 M €12,3 M €8,5 M €25,6 M €22 M €
Total assets258 M €268,4 M €71,2 M €127,8 M €107,5 M €
Cash11,8 M €9,4 M €13,8 M €4,4 M €1,1 M €
Debts236,6 M €253,6 M €61,4 M €99,8 M €84,5 M €
Other
Workforce37,8 ETP30,4 ETP14,4 ETP––

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 · 36 ended

Active mandates

Aykut Özdemir

Director · since 31 décembre 2025 · until 10 avril 2031

Active
Kevin Geybels

Director · since 01 avril 2025 · until 01 avril 2031

Active
MATTHIAS DE RAEYMAEKER

Director · since 01 avril 2025 · until 01 avril 2031 · 0822.840.805

Represented by Matthias De Raeymaeker

Active
Barry Collard

Director · since 16 avril 2018 · until 13 avril 2028

Active

Ended mandates

Barry Collard

Director · since 01 avril 2025 · until 01 avril 2031

Ended
Barry Collard

Director · since 02 mars 2022 · until 13 avril 2028

Ended
Dirk Aerts

Director · since 02 mars 2022 · until 13 avril 2028

Ended
Philippe Huybrechs

Director · since 02 mars 2022 · until 13 avril 2028

Ended

Other companies at this address

Rietschoorvelden 20 2170 Antwerpen
CompanyCBE no.
Chemical Distribution BE Pillar 2 Group● Active
1014.116.489
Corvida investments● Active
0787.276.150
Dragonfly Invest● Active
0787.276.348
Flamengo investments● Active
0787.267.638
International Trade Services Group● Active
1019.628.663
LDI INTERNATIONAL● Active
0472.156.309
LSF XI Magpie Finco● Active
0785.953.881
Manuchar● Active
0407.045.751
Manuchar Europe● Active
0793.709.923
MANUCHAR GROUP● Active
0777.879.622
Manuchar International Trade Services● Active
0799.443.514
Manuchar Pulp & Paper● Active
0799.443.316
PPLS Invest● Active
0787.267.737
UNIT ONE● Active
0449.634.887

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 date07/07/202631/07/202523/05/202422/05/202329/03/202228/04/2021
General meeting30/06/202629/07/202511/04/202413/04/202302/03/202208/04/2021
Currency of the financial yearUSDUSDEUREUREUREUR
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
Full model31/12/202530/06/202607/07/2026DutchPDF
Full model31/12/202429/07/202531/07/2025DutchPDF
Full model31/12/202311/04/202423/05/2024DutchPDF
Full model31/12/202213/04/202322/05/2023DutchPDF
Full model31/12/202102/03/202229/03/2022DutchPDF
Full model31/12/202008/04/202128/04/2021DutchPDF
Full model31/12/201909/04/202008/05/2020DutchPDF
Full model31/12/201811/04/201923/05/2019DutchPDF
Full model31/12/201716/04/201815/05/2018DutchPDF
Full model31/12/201609/03/201721/06/2017DutchPDF
Full model31/12/201506/06/201606/06/2016DutchPDF
Full model31/12/201427/05/201504/06/2015DutchPDF
Full model31/12/201320/05/201427/05/2014DutchPDF
Full model31/12/201214/03/201314/06/2013DutchPDF
Full model31/12/201108/03/201230/03/2012DutchPDF
Full model31/12/201010/03/201130/03/2011DutchPDF
Full model31/12/200911/03/201023/04/2010DutchPDF
Full model31/12/200812/03/200916/06/2009DutchPDF
Full model31/12/200702/05/200828/05/2008DutchPDF
Full model31/12/200604/05/200701/06/2007DutchPDF

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 · 36 ended

Active mandates

Aykut Özdemir

Director · since 31 décembre 2025 · until 10 avril 2031

Active
Kevin Geybels

Director · since 01 avril 2025 · until 01 avril 2031

Active
MATTHIAS DE RAEYMAEKER

Director · since 01 avril 2025 · until 01 avril 2031 · 0822.840.805

Represented by Matthias De Raeymaeker

Active
Barry Collard

Director · since 16 avril 2018 · until 13 avril 2028

Active

Ended mandates

Barry Collard

Director · since 01 avril 2025 · until 01 avril 2031

Ended
Barry Collard

Director · since 02 mars 2022 · until 13 avril 2028

Ended
Dirk Aerts

Director · since 02 mars 2022 · until 13 avril 2028

Ended
Philippe Huybrechs

Director · since 02 mars 2022 · until 13 avril 2028

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring22/07/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates18/02/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring14/04/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring06/02/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates13/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates30/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2022
    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. 31/12/2025
    nominationÖZDEMIR Aykut — gewone bestuurder
  2. 31/12/2025
    augmentation_capital
  3. 2025
    Annual accounts 202513 M €↑
  4. 01/04/2025
    nominationCOLLARD Barry — gewone bestuurder
  5. 01/04/2025
    nominationGEYBELS Kevin — gewone bestuurder
  6. 01/04/2025
    nominationDE RAEYMAEKER Matthias Maria Jacques Michel — gewone bestuurder
  7. 14/03/2025
    autre
  8. 2024
    Annual accounts 20242,8 M €↓
  9. 08/02/2024
    nominationKevin Geybels — bestuurder
  10. 2023
    Annual accounts 20233,6 M €↓
  11. 13/04/2023
    nominationEY Bedrijfsrevisoren — commissaris
  12. 2022
    Annual accounts 202213 M €↑
  13. 02/03/2022
    reconductionPhilippe Huybrechs — bestuurder
  14. 02/03/2022
    reconductionBarry Collard — bestuurder
  15. 02/03/2022
    reconductionDirk Aerts — bestuurder
  16. 2021
    Annual accounts 20218,9 M €↑
  17. 2020
    Annual accounts 20202,9 M €↑
  18. 2019
    Annual accounts 2019534,7 k €↓
  19. 2018
    Annual accounts 20183,6 M €↑
  20. 2017
    Annual accounts 2017296,6 k €↓
  21. 2016
    Annual accounts 20162,3 M €↓
  22. 2015
    Annual accounts 20154,5 M €↑
  23. 2014
    Annual accounts 20141,1 M €↑
  24. 2013
    Annual accounts 2013395,5 k €↓
  25. 2012
    Annual accounts 2012630,2 k €↓
  26. 2011
    Annual accounts 20111,9 M €↑
  27. 2010
    Annual accounts 20101,2 M €↑
  28. 2009
    Annual accounts 20091,1 M €↓
  29. 2008
    Annual accounts 20082,7 M €↑
  30. 2007
    Annual accounts 20072,6 M €
  31. 16/06/2004
    IncorporationPublic limited company