Checked.be · Company dossierhttps://checked.be/en/c/basf-antwerpen-0404754472 · as of 01-10-2026
BASF Antwerpen
Active
Public limited company · founded 1964 · 61 yrs activeScheldelaan 600, 2040 Antwerpen, BelgiumKBO/BCE: BE 0404.754.472
Summary
BASF Antwerpen has been active since 1964 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €998.9m and a net result of €174.7m. Equity is shrinking by ~18.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 38% of 272 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Auditor: DELOITTE Bedrijfsrevisoren BVAccounts 88 d early
Why 69- Multiple establishment units+ Long track record+ Annual accounts: healthy financial profile+ Lower-failure-rate sector+ Lower-risk legal formLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability76▼-5
Solvency67▲+5
Growth30▼-2
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.49 in 2024; short-term debt: 45.5% and cash: 0% of total assets), and 58% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 66 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.
Checked, nothing found (2)
○
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 May (5 of the last 5 filed years within 30 days of that day).
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
Net result€772.1mabove the sector's middle half▲ 139%€849.6mabove the sector's middle half▲ 10.0%€474.7mabove the sector's middle half▼ 44.1%€501.1mabove the sector's middle half▲ 5.5%€174.7mabove the sector's middle half▼ 65.1%
Equity€9,091.4mabove the sector's middle half▲ 9.3%€5,441.0mabove the sector's middle half▼ 40.2%€2,498.1mabove the sector's middle half▼ 54.1%€1,124.2mabove the sector's middle half▼ 55.0%€998.9mabove the sector's middle half▼ 11.1%
Total assets€10,825.6mabove the sector's middle half▼ 0.1%€7,116.2mabove the sector's middle half▼ 34.3%€4,579.7mabove the sector's middle half▼ 35.6%€3,011.3mabove the sector's middle half▼ 34.2%€2,377.5mabove the sector's middle half▼ 21.0%
Working capital€7,712.5mabove the sector's middle half€3,991.8mabove the sector's middle half▼ 48.2%€1,019.5mabove the sector's middle half▼ 74.5%€504.5mabove the sector's middle half▼ 50.5%€127.5mabove the sector's middle half▼ 74.7%
Solvency84.0%above the sector's middle half▲ 7.2pp76.5%above the sector's middle half▼ 7.5pp54.5%within the sector's middle half▼ 21.9pp37.3%within the sector's middle half▼ 17.2pp42.0%within the sector's middle half▲ 4.7pp
Current ratio9.31above the sector's middle half▲ 8.745.83above the sector's middle half▼ 3.481.83within the sector's middle half▼ 4.001.49within the sector's middle half▼ 0.341.12below the sector's middle half▼ 0.37
Return on assets (ROA)7.1%within the sector's middle half▲ 4.2pp11.9%above the sector's middle half▲ 4.8pp10.4%above the sector's middle half▼ 1.6pp16.6%above the sector's middle half▲ 6.3pp7.3%within the sector's middle half▼ 9.3pp
Staff (FTE)3,433.1above the sector's middle half▲ 2.7%3,506.2above the sector's middle half▲ 2.1%3,642.2above the sector's middle half▲ 3.9%3,707.5above the sector's middle half▲ 1.8%3,640.9above the sector's middle half▼ 1.8%
abovewithinbelowthe middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
2021Turnover +72%, Net result +139% on 2020.Part of BASF Business Services received in a demerger, effective 01-07-2020, in the previous fiscal year; now counts for a full year for the first time.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.38bn
49.1%
50.9%
Fixed assets€1.17bn ▼ 20.7%
Current assets€1.21bn ▼ 21.4%
Equity and liabilities €2.38bn
42.0%
12.3%
45.7%
Equity€998.9m ▼ 11.1%
Provisions€292.5m ▼ 15.9%
Debt€1.09bn ▼ 29.4%
Debt's share of the balance-sheet total falls from 51.1% to 45.7%. Equity and debt are lower.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€727.5m▲
2024 · €699.3m
Cash flow
€396.8m▼
2024 · €721.4m
Quick ratio
0.83▼
2024 · 1.12
Debt to equity
1.09▼
2024 · 1.37
ROE
17.5%▼
2024 · 44.6%
Interest coverage
72.21▲
2024 · 70.34
Debt ≤ 1 year
€1.08bn▲
2024 · €1.03bn
Debt > 1 year
€0▼
2024 · €500.0m
Income taxes
€113.2m▼
2024 · €120.2m
Staff costs
€539.6m▲
2024 · €522.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 321 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 98% are still going.
Large
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
0%went bankrupt
2.5%stopped otherwise
98%still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to highest expected share.
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
1.0%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
3.0%
3.1%
10
5.6%
6.2%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 104 lines
Balance sheetCode20242025
Assets
Total assets20/58€3,011.3m€2,377.5m▼
Fixed assets21/28€1,472.7m€1,168.4m▼
Intangible fixed assets21€6.7m€4.5m▼
Tangible fixed assets22/27€1,064.8m€1,013.8m▼
Land and buildings22€169.0m€179.9m▲
Plant, machinery and equipment23€633.9m€609.2m▼
Furniture and vehicles24€9.6m€12.6m▲
Assets under construction and advance payments27€252.3m€212.1m▼
Financial fixed assets28€401.3m€150.0m▼
Affiliated companies280/1€365.7m€115.1m▼
Participating interests280€365.7m€115.1m▼
Companies linked by participating interests282/3€34.9m€34.2m▼
Participating interests282€8.5m€8.5m=
Amounts receivable283€26.4m€25.7m▼
Other financial fixed assets284/8€0.7m€0.7m▲
Shares284€0.6m€0.6m=
Amounts receivable and cash guarantees285/8€0.06m€0.06m▲
Current assets29/58€1,538.6m€1,209.1m▼
Amounts receivable after more than one year29€0.3m€0.4m▲
Trade receivables290-€0.08m
Other amounts receivable291€0.3m€0.3m▼
Stocks and contracts in progress3€379.0m€314.3m▼
Stocks30/36€379.0m€314.3m▼
Raw materials and consumables30/31€182.1m€166.9m▼
Work in progress32€0.2m€0.2m▲
Finished goods33€189.7m€142.0m▼
Goods purchased for resale34€7.1m€5.2m▼
Amounts receivable within one year40/41€1,144.6m€885.6m▼
Trade receivables40€746.6m€640.9m▼
Other amounts receivable41€398.0m€244.6m▼
Cash at bank and in hand54/58€4.6m€0.1m▼
Deferred charges and accrued income490/1€10.1m€8.7m▼
Equity and liabilities
Total equity and liabilities10/49€3,011.3m€2,377.5m▼
Equity10/15€1,124.2m€998.9m▼
Contributions10/11€693.0m€693.0m=
Capital10€691.7m€691.7m=
Issued capital100€691.7m€691.7m=
Outside capital11€1.3m€1.3m=
Share premium1100/10€1.3m€1.3m=
Reserves13€304.2m€303.3m▼
Non-distributable reserves130/1€224.1m€224.1m=
Legal reserve130€223.8m€223.8m=
Other1319€0.4m€0.4m=
Tax-exempt reserves132€80.1m€79.2m▼
Profit (loss) carried forward14€127.0m€2.6m▼
Provisions and deferred taxes16€347.6m€292.5m▼
Provisions for liabilities and charges160/5€346.3m€291.4m▼
Major repairs and maintenance162€256.7m€192.8m▼
Environmental obligations163€7.2m€19.4m▲
Other liabilities and charges164/5€82.4m€79.2m▼
Deferred taxes168€1.3m€1.0m▼
Amounts payable17/49€1,539.5m€1,086.1m▼
Amounts payable after more than one year17€500.0m€0▼
Financial debts170/4€500.0m€0▼
Other loans174€500.0m€0▼
Amounts payable within one year42/48€1,034.1m€1,081.6m▲
Current portion of amounts payable after more than one year42-€500.0m
Trade debts44€536.5m€442.4m▼
Suppliers440/4€536.5m€442.4m▼
Taxes, remuneration and social security45€101.8m€115.0m▲
Taxes450/3€29.8m€33.3m▲
Remuneration and social security454/9€72.0m€81.6m▲
Other amounts payable47/48€395.7m€24.3m▼
Accrued charges and deferred income492/3€5.4m€4.5m▼
Income statementCode20242025
Operating income70/76A€6,642.9m€5,779.0m▼
Turnover70€6,447.6m€5,687.2m▼
Change in stocks of work in progress, finished goods and contracts in progress71€45.6m-€47.5m▼
Own construction capitalised72€45.0m€42.8m▼
Other operating income74€104.7m€96.5m▼
Operating charges60/66A€6,163.9m€5,273.6m▼
Goods for resale, raw materials and consumables60€4,596.3m€3,688.5m▼
Purchases600/8€4,630.5m€3,669.7m▼
Change in stocks: decrease (increase)609-€34.2m€18.9m▲
Services and other goods61€779.4m€852.8m▲
Remuneration, social security and pensions62€522.7m€539.6m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€220.4m€222.1m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5.5m-€1.8m▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€15.7m-€54.9m▼
Other operating charges640/8€24.0m€23.5m▼
Non-recurring operating charges66A-€3.8m
Operating profit (loss)9901€479.0m€505.4m▲
Financial income75/76B€154.1m€43.9m▼
Recurring financial income75€154.1m€43.9m▼
Income from financial fixed assets750€129.3m€33.7m▼
Income from current assets751€24.7m€8.3m▼
Other financial income752/9€0.2m€1.8m▲
Financial charges65/66B€12.2m€261.7m▲
Recurring financial charges65€4.2m€11.0m▲
Debt charges650€9.9m€10.1m▲
Other financial charges652/9-€5.8m€0.9m▲
Non-recurring financial charges66B€8.0m€250.7m▲
Profit (loss) for the period before taxes9903€620.9m€287.6m▼
Transfer from deferred taxes780€0.3m€0.3m▼
Income taxes67/77€120.2m€113.2m▼
Taxes670/3€130.1m€116.5m▼
Tax adjustments and reversals of tax provisions77€10.0m€3.3m▼
Profit (loss) for the period9904€501.1m€174.7m▼
Transfer from tax-exempt reserves789€1.0m€0.9m▼
Profit (loss) for the period to be appropriated9905€502.0m€175.6m▼
Appropriation of the result
Profit (loss) to be appropriated9906€502.0m€302.6m▼
Profit (loss) brought forward from the previous period14P€0€127.0m▲
Profit to be distributed694/7€375.0m€300.0m▼
Return on contributions (dividend)694€375.0m€300.0m▼
Social balance
Average headcount (FTE)90873,707.53,640.9▼
The notes to these accounts (114 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
€7,529.6m
€9,281.5m
€6,278.9m
€6,642.9m
€5,779.0m
▼ 13.0%
Turnover70
€7,337.5m
€9,094.8m
€5,988.0m
€6,447.6m
€5,687.2m
▼ 11.8%
Change in stocks of work in progress, finished goods and contracts in progress71
€69.0m
-€52.4m
-€8.0m
€45.6m
-€47.5m
▼ 204%
Own construction capitalised72
€40.6m
€43.3m
€47.7m
€45.0m
€42.8m
▼ 5.0%
Other operating income74
€82.6m
€195.7m
€251.2m
€104.7m
€96.5m
▼ 7.8%
Operating charges60/66A
€6,581.2m
€8,160.1m
€5,753.9m
€6,163.9m
€5,273.6m
▼ 14.4%
Goods for resale, raw materials and consumables60
€5,033.5m
€5,934.7m
€3,906.0m
€4,596.3m
€3,688.5m
▼ 19.8%
Purchases600/8
€5,069.6m
€5,922.4m
€3,926.3m
€4,630.5m
€3,669.7m
▼ 20.8%
Change in stocks: decrease (increase)609
-€36.0m
€12.4m
-€20.4m
-€34.2m
€18.9m
▲ 155%
Services and other goods61
€910.1m
€1,471.1m
€1,066.7m
€779.4m
€852.8m
▲ 9.4%
Remuneration, social security and pensions62
€412.3m
€480.7m
€524.9m
€522.7m
€539.6m
▲ 3.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€167.3m
€191.1m
€208.2m
€220.4m
€222.1m
▲ 0.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
€4.9m
€5.8m
€11.7m
€5.5m
-€1.8m
▼ 133%
Provisions for liabilities and charges: additions (uses and reversals)635/8
€30.1m
€48.2m
€8.9m
€15.7m
-€54.9m
▼ 449%
Other operating charges640/8
€22.9m
€28.4m
€27.6m
€24.0m
€23.5m
▼ 2.1%
Non-recurring operating charges66A
€0.05m
-
-
-
€3.8m
-
Operating profit (loss)9901
€948.4m
€1,121.4m
€525.0m
€479.0m
€505.4m
▲ 5.5%
Financial income75/76B
€79.0m
€66.6m
€124.8m
€154.1m
€43.9m
▼ 71.5%
Recurring financial income75
€58.0m
€63.2m
€124.4m
€154.1m
€43.9m
▼ 71.5%
Income from financial fixed assets750
€43.8m
€0.5m
€0.8m
€129.3m
€33.7m
▼ 73.9%
Income from current assets751
€0.4m
€57.9m
€121.2m
€24.7m
€8.3m
▼ 66.3%
Other financial income752/9
€13.8m
€4.8m
€2.3m
€0.2m
€1.8m
▲ 819%
Non-recurring financial income76B
€21.0m
€3.3m
€0.4m
-
-
-
Financial charges65/66B
€16.4m
€36.6m
€10.0m
€12.2m
€261.7m
▲ 2,048%
Recurring financial charges65
€11.8m
€12.2m
€10.0m
€4.2m
€11.0m
▲ 163%
Debt charges650
€8.7m
€8.7m
€9.4m
€9.9m
€10.1m
▲ 1.3%
Other financial charges652/9
€3.1m
€3.5m
€0.7m
-€5.8m
€0.9m
▲ 116%
Non-recurring financial charges66B
€4.7m
€24.4m
-
€8.0m
€250.7m
▲ 3,033%
Profit (loss) for the period before taxes9903
€1,011.0m
€1,151.3m
€639.8m
€620.9m
€287.6m
▼ 53.7%
Transfer from deferred taxes780
€0.3m
€0.4m
€0.3m
€0.3m
€0.3m
▼ 6.5%
Income taxes67/77
€239.2m
€302.1m
€165.4m
€120.2m
€113.2m
▼ 5.8%
Taxes670/3
€240.1m
€302.9m
€167.2m
€130.1m
€116.5m
▼ 10.5%
Tax adjustments and reversals of tax provisions77
€0.9m
€0.8m
€1.8m
€10.0m
€3.3m
▼ 67.1%
Profit (loss) for the period9904
€772.1m
€849.6m
€474.7m
€501.1m
€174.7m
▼ 65.1%
Transfer from tax-exempt reserves789
€1.3m
€1.1m
€1.0m
€1.0m
€0.9m
▼ 6.5%
Profit (loss) for the period to be appropriated9905
€773.4m
€850.6m
€475.8m
€502.0m
€175.6m
▼ 65.0%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€10,825.6m
€7,116.2m
€4,579.7m
€3,011.3m
€2,377.5m
▼ 21.0%
Fixed assets21/28
€2,184.7m
€2,298.1m
€2,335.9m
€1,472.7m
€1,168.4m
▼ 20.7%
Intangible fixed assets21
€11.6m
€7.8m
€8.1m
€6.7m
€4.5m
▼ 32.3%
Tangible fixed assets22/27
€895.7m
€1,031.1m
€1,068.5m
€1,064.8m
€1,013.8m
▼ 4.8%
Land and buildings22
€78.9m
€90.8m
€146.5m
€169.0m
€179.9m
▲ 6.4%
Plant, machinery and equipment23
€352.5m
€389.9m
€643.9m
€633.9m
€609.2m
▼ 3.9%
Furniture and vehicles24
€5.9m
€8.4m
€10.3m
€9.6m
€12.6m
▲ 31.1%
Assets under construction and advance payments27
€458.4m
€542.1m
€267.8m
€252.3m
€212.1m
▼ 15.9%
Financial fixed assets28
€1,277.4m
€1,259.1m
€1,259.3m
€401.3m
€150.0m
▼ 62.6%
Affiliated companies280/1
€1,237.1m
€1,237.1m
€1,237.1m
€365.7m
€115.1m
▼ 68.5%
Participating interests280
€1,237.1m
€1,237.1m
€1,237.1m
€365.7m
€115.1m
▼ 68.5%
Companies linked by participating interests282/3
€7.1m
€21.4m
€21.5m
€34.9m
€34.2m
▼ 1.9%
Participating interests282
€5.2m
€16.7m
€8.5m
€8.5m
€8.5m
=
Amounts receivable283
€1.9m
€4.7m
€13.0m
€26.4m
€25.7m
▼ 2.5%
Other financial fixed assets284/8
€33.3m
€0.7m
€0.7m
€0.7m
€0.7m
▲ 0.4%
Shares284
€33.2m
€0.6m
€0.6m
€0.6m
€0.6m
=
Amounts receivable and cash guarantees285/8
€0.02m
€0.06m
€0.06m
€0.06m
€0.06m
▲ 4.6%
Current assets29/58
€8,640.9m
€4,818.1m
€2,243.8m
€1,538.6m
€1,209.1m
▼ 21.4%
Amounts receivable after more than one year29
€0.1m
€0.3m
€0.4m
€0.3m
€0.4m
▲ 8.5%
Trade receivables290
-
-
-
-
€0.08m
-
Other amounts receivable291
€0.1m
€0.3m
€0.4m
€0.3m
€0.3m
▼ 14.5%
Stocks and contracts in progress3
€374.7m
€304.1m
€304.7m
€379.0m
€314.3m
▼ 17.1%
Stocks30/36
€374.7m
€304.1m
€304.7m
€379.0m
€314.3m
▼ 17.1%
Raw materials and consumables30/31
€160.2m
€150.6m
€156.8m
€182.1m
€166.9m
▼ 8.4%
Work in progress32
€4.6m
€0.1m
€0.2m
€0.2m
€0.2m
▲ 36.4%
Finished goods33
€200.1m
€152.2m
€144.0m
€189.7m
€142.0m
▼ 25.1%
Goods purchased for resale34
€9.8m
€1.2m
€3.6m
€7.1m
€5.2m
▼ 26.8%
Amounts receivable within one year40/41
€8,253.6m
€4,499.1m
€1,928.1m
€1,144.6m
€885.6m
▼ 22.6%
Trade receivables40
€1,163.2m
€1,068.5m
€734.7m
€746.6m
€640.9m
▼ 14.2%
Other amounts receivable41
€7,090.5m
€3,430.6m
€1,193.4m
€398.0m
€244.6m
▼ 38.5%
Cash at bank and in hand54/58
€0.1m
€3.4m
€0.6m
€4.6m
€0.1m
▼ 96.9%
Deferred charges and accrued income490/1
€12.3m
€11.2m
€10.1m
€10.1m
€8.7m
▼ 13.7%
Equity and liabilities
Total equity and liabilities10/49
€10,825.6m
€7,116.2m
€4,579.7m
€3,011.3m
€2,377.5m
▼ 21.0%
Equity10/15
€9,091.4m
€5,441.0m
€2,498.1m
€1,124.2m
€998.9m
▼ 11.1%
Contributions10/11
€2,193.0m
€2,193.0m
€2,193.0m
€693.0m
€693.0m
=
Capital10
€2,189.0m
€2,189.0m
€2,189.0m
€691.7m
€691.7m
=
Issued capital100
€2,189.0m
€2,189.0m
€2,189.0m
€691.7m
€691.7m
=
Outside capital11
€4.0m
€4.0m
€4.0m
€1.3m
€1.3m
=
Share premium1100/10
€4.0m
€4.0m
€4.0m
€1.3m
€1.3m
=
Reserves13
€327.9m
€326.9m
€305.1m
€304.2m
€303.3m
▼ 0.3%
Non-distributable reserves130/1
€224.1m
€224.1m
€224.1m
€224.1m
€224.1m
=
Legal reserve130
€223.8m
€223.8m
€223.8m
€223.8m
€223.8m
=
Other1319
€0.4m
€0.4m
€0.4m
€0.4m
€0.4m
=
Tax-exempt reserves132
€83.1m
€82.1m
€81.0m
€80.1m
€79.2m
▼ 1.1%
Distributable reserves133
€20.7m
€20.7m
€0
-
-
-
Profit (loss) carried forward14
€6,570.5m
€2,921.1m
€0
€127.0m
€2.6m
▼ 98.0%
Provisions and deferred taxes16
€297.1m
€345.0m
€353.4m
€347.6m
€292.5m
▼ 15.9%
Provisions for liabilities and charges160/5
€294.7m
€342.9m
€351.8m
€346.3m
€291.4m
▼ 15.8%
Taxes161
€0.09m
€0.08m
€0.03m
-
-
-
Major repairs and maintenance162
€161.5m
€198.0m
€242.3m
€256.7m
€192.8m
▼ 24.9%
Environmental obligations163
€21.4m
€27.3m
€7.8m
€7.2m
€19.4m
▲ 169%
Other liabilities and charges164/5
€111.7m
€117.6m
€101.6m
€82.4m
€79.2m
▼ 3.9%
Deferred taxes168
€2.4m
€2.0m
€1.7m
€1.3m
€1.0m
▼ 22.2%
Amounts payable17/49
€1,437.0m
€1,330.3m
€1,728.2m
€1,539.5m
€1,086.1m
▼ 29.4%
Amounts payable after more than one year17
€500.0m
€500.0m
€500.0m
€500.0m
€0
▼ 100%
Financial debts170/4
€500.0m
€500.0m
€500.0m
€500.0m
€0
▼ 100%
Other loans174
€500.0m
€500.0m
€500.0m
€500.0m
€0
▼ 100%
Amounts payable within one year42/48
€928.3m
€826.3m
€1,224.3m
€1,034.1m
€1,081.6m
▲ 4.6%
Current portion of amounts payable after more than one year42
-
-
-
-
€500.0m
-
Trade debts44
€787.5m
€683.7m
€588.2m
€536.5m
€442.4m
▼ 17.5%
Suppliers440/4
€787.5m
€683.7m
€588.2m
€536.5m
€442.4m
▼ 17.5%
Taxes, remuneration and social security45
€123.3m
€123.1m
€118.0m
€101.8m
€115.0m
▲ 13.0%
Taxes450/3
€77.1m
€69.6m
€59.0m
€29.8m
€33.3m
▲ 11.8%
Remuneration and social security454/9
€46.2m
€53.5m
€58.9m
€72.0m
€81.6m
▲ 13.4%
Other amounts payable47/48
€17.5m
€19.5m
€518.1m
€395.7m
€24.3m
▼ 93.9%
Accrued charges and deferred income492/3
€8.7m
€4.0m
€3.9m
€5.4m
€4.5m
▼ 17.3%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€772.1m
€849.6m
€474.7m
€501.1m
€174.7m
▼ 65.1%
+ Depreciation and write-downs630
€167.3m
€191.1m
€208.2m
€220.4m
€222.1m
▲ 0.8%
Operating cash flow (approximation)
€939.4m
€1,040.6m
€682.9m
€721.4m
€396.8m
▼ 45.0%
Investment in fixed assets (approximation)
-
-€304.5m
-€246.0m
€642.8m
€82.3m
▼ 87.2%
Change in cash
-
€3.3m
-€2.8m
€4.0m
-€4.4m
▼ 211%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Of 106 companies in this sector we hold annual accounts for 93. 17 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
7 directors, 8 in day-to-day management, no change since 2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
2 owners · 8 holdings · 6 subsidiaries in the tree
Chain of control
BASF SEDEconsolidated
BASF Antwerpen
Highest known parent: BASF SE (Germany).
The sources do not say who stands above it.
According to the 2025 annual accounts of BASF Antwerpen and those of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
38 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
BE 0463.642.875State Gazette act of 13-08-2020 (2 acts) · effective 01-07-2020
Split off to:AntFertia NV
proposal · State Gazette act of 26-01-2012 (2 acts)
Split off to:Styrolution Belgium NV
proposal · State Gazette act of 21-12-2010
Capital and shareholders
Capital and shareholders
When capital was put in or taken out. An increase often strengthens the company; a reduction deserves a look.
Capital over the years
13-03-2024Capital reduction · to €691,725,088.16 · repaid to the shareholders
21-11-2011Capital increase of €63,999,709.09 · to €2,188,957,909.09 · 249,875 new shares · in kind
23-02-2004Capital increase of €1,000,000,000 · to €1,124,958,200 · in kind
Timeline
57 eventsLatest 05-06-2026Next filing 31-07-2027
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
BASF Antwerpen was incorporated on 10 December 1964.1Between 2004 and 2011 the capital was increased 2 times, most recently to €2.19bn.23The name was changed to EuroChem Antwerpen in 2012 and to BASF Antwerpen in 2020.45The board currently has 7 members; Wouter De Geest has served longest, since 2020.6Revenue grew from €4.28bn in 2020 to €5.69bn in 2025 and headcount from 3,342 to 3,641 full-time equivalents.7
Director resignation, Margret Suckale (chair of the board)
Director appointment, Michael Heinz (director)
2016
23-05
State Gazette actResignation: Wolfgang Hapke (director)
Appointments: Martin Volland, Ferdinand Lippert and Uwe Liebelt7 facts ▸
Board meeting, 29/02/2016
Director resignation, Wolfgang Hapke (director)
Director appointment, Martin Volland (director)
General meeting, 21/04/2016
Director appointment, Ferdinand Lippert (director)
Director appointment, Uwe Liebelt (director)
Director appointment, Martin Volland (director)
13-04
State Gazette actResignation: Jürgen Barwich (member of the executive committee)
Appointment: Bernd Brian (member of the executive committee)3 facts ▸
Board meeting, 29/02/2016
Director resignation, Jürgen Barwich (member of the executive committee)
Director appointment, Bernd Brian (member of the executive committee)
2015
28-12
State Gazette actResignations: Uwe Kirchgässner (director) and Friedrich Seitz (director)
Appointments: Ferdinand Lippert (director) and Uwe Liebelt (director)5 facts ▸
Board meeting, 30/11/2015
Director resignation, Uwe Kirchgässner (director)
Director appointment, Ferdinand Lippert (director)
Director resignation, Friedrich Seitz (director)
Director appointment, Uwe Liebelt (director)
04-09
State Gazette actResignations & appointments · Miscellaneous
Accounting effect · Statutes amendment4 facts ▸
Board meeting, 24/02/2003
General meeting, 17/04/2003
Accounting effect, 26/06/2015
Statutes amendment
19-05
State Gazette actReappointments: Margret Suckale, Wouter De Geest and 2 others
Resignations: Rainer Diercks, Stefano Pigozzi and 2 others · Appointments: Uwe Kirchgäßner, Joachim Queisser and KPMG Bedrijfsrevisoren (B001) · Permanent representatives: Lodewijk Willems, Harry Van Donink and Ludo Ruysen15 facts ▸
General meeting, 23/04/2015
Director reappointment, Margret Suckale (director)
Director reappointment, Wouter De Geest (director)
Director reappointment, Friedrich Seitz (director)
Director reappointment, Wolfgang Hapke (director)
Director resignation, Rainer Diercks (director)
Director resignation, Stefano Pigozzi (director)
Director appointment, Uwe Kirchgäßner (director)
Director appointment, Joachim Queisser (director)
Director resignation, Philippe de Buck Van Overstraeten (director)
Director resignation, Edwards & Willems (director)
Permanent representative, Lodewijk Willems
+3 further facts in this act
12-01
State Gazette actResignation: Joachim-Friedrich Merz (director)
2 facts ▸
General meeting, 12/12/2014
Director resignation, Joachim-Friedrich Merz (director)
2014
28-04
State Gazette actResignations & appointments
Board meeting · General meeting2 facts ▸
Board meeting, 24/02/2003
General meeting, 17/04/2003
2013
06-05
State Gazette actResignations: Raimar Jahn, Bernhard Nick and 2 others
Appointments: Stefano Piggozi, Friedrich Seitz and 2 others · Permanent representative: Lodewijk Willems10 facts ▸
General meeting, 18/04/2013
Director resignation, Raimar Jahn (director)
Director resignation, Bernhard Nick (director)
Director resignation, Hans-Carsten Hansen (director)
Director resignation, Lode Willems (director)
Director appointment, Stefano Piggozi (director)
Director appointment, Friedrich Seitz (director)
Director appointment, Wolfgang Hapke (director)
Director appointment, Edwards & Willems (director)
Permanent representative, Lodewijk Willems
2012
04-07
State Gazette actResignations & appointments
16-05
State Gazette actResignation: Wayne T. Smith (director)
Appointments: Raimar Jahn (director) and KPMG Bedrijfsrevisoren (BOO1) (statutory auditor) · Reappointments: Margret Suckale, Philippe de Buck van Overstraeten and 6 others · Permanent representatives: Harry Van Donink and Ludo Ruysen14 facts ▸
General meeting, 19/04/2012
Director resignation, Wayne T. Smith (director)
Director appointment, Raimar Jahn (director)
Director reappointment, Margret Suckale (director)
Director reappointment, Philippe de Buck van Overstraeten (director)
Director reappointment, Wouter De Geest (director)
Director reappointment, Rainer Diercks (director)
Director reappointment, Hans-Carsten Hansen (director)
Director reappointment, Friedrich Merz (director)
Director reappointment, Bernhard Nick (director)
Director reappointment, Lodewijk Willems (director)
Purpose change, De vennootschap heeft tot doel: het verrichten van alle activiteiten van onderzoek, ontwikkeling, ontginning, productie, marketing, aankoop en verkoop die recht…
Power of attorney, Eric De Bie
18-04
State Gazette actCapital & shares
Asset transfer · Name change · Accounting effect3 facts ▸
Asset transfer, overdracht van volledige bedrijfstak 'meststoffen' ten bezwarende titel
Name change, EuroChem Antwerpen
Accounting effect, 01/04/2012
26-01
State Gazette actCapital & shares
Demerger1 fact ▸
Demerger, Meststoffen
26-01
State Gazette actCapital & shares
Demerger1 fact ▸
Demerger, Meststoffen
2011
15-12
State Gazette actResignation: Stephan Kothrade (member of the executive committee)
Appointment: Jürgen Barwich (member of the executive committee) · Director discharge4 facts ▸
Board meeting, 28/11/2011
Director resignation, Stephan Kothrade (member of the executive committee)
Director discharge, Stephan Kothrade
Director appointment, Jürgen Barwich (member of the executive committee)
21-11
State Gazette actCapital & shares · Statutes amendment
Capital increase · Share issue · Capital11 facts ▸
General meeting, 27/10/2011
Capital increase, €63.999.709,09
Share issue, nieuwe aandelen zonder nominale waarde, 249875
Capital, €2.188.957.909,09
Statutes amendment, Artikel 5
Statutes amendment, Artikel 16
Statutes amendment, Artikel 29
Power of attorney, Ellen De Beuckelaer
Power of attorney, Ellen De Beuckelaer
Power of attorney, Ellen De Beuckelaer
Power of attorney, Eric De Bie
26-05
State Gazette actAppointments: Wayne T. Smith (director) and Margret Suckale (director)
Resignation: Harald Schwager (director) · Mandate compensation10 facts ▸
General meeting, 21/04/2011
Director appointment, Wayne T. Smith (director)
Director resignation, Harald Schwager (director)
Director resignation, Harald Schwager (chair of the board)
Director appointment, Margret Suckale (director)
Mandate compensation, Margret Suckale
Mandate compensation, Wayne T. Smith
Board meeting, 22/03/2011
Director appointment, Margret Suckale (chair of the board)
Mandate compensation, Margret Suckale
2010
21-12
State Gazette actRestructuring
Demerger1 fact ▸
Demerger, inbreng van de bedrijfstak 'Styreenkunststoffen'
16-12
State Gazette actResignation: Jacques Delmoitiez (director)
Appointment: Wayne T. Smith (director) · Mandate compensation4 facts ▸
Board meeting, 09/11/2010
Director resignation, Jacques Delmoitiez (director)
Director appointment, Wayne T. Smith (director)
Mandate compensation, Wayne T. Smith
06-05
State Gazette actReappointments: de Buck van Overstraeten (director) and Merz (director)
Resignations: de Buck van Overstraeten (director) and Merz (director)5 facts ▸
General meeting, 22/04/2010
Director reappointment, de Buck van Overstraeten (director)
Director reappointment, Merz (director)
Director resignation, de Buck van Overstraeten (director)
Director resignation, Merz (director)
06-01
State Gazette actResignation: Albert HEUSER (director)
Mandate term, eindigt onmiddellijk na de jaarvergadering die zal worden gehouden in het jaar tweeduizend en twaalf
Power of attorney, Ellen De Beuckelaer
Power of attorney, Hans Matthysen
Power of attorney, Wim Gorleer
Power of attorney, Eric De Bie
2008
05-08
State Gazette actResignation: Hans-Peter Neumann (director)
Appointments: Dr. Stephan Kothrade (member of the executive committee) and Wouter De Geest (voorzitter van het directiecomité) · Director discharge7 facts ▸
Board meeting, 22/07/2008
Director resignation, Hans-Peter Neumann (director)
Director resignation, Hans-Peter Neumann (bestuurder directeur)
Director resignation, Hans-Peter Neumann (member of the executive committee)
Director discharge, Hans-Peter Neumann
Director appointment, Dr. Stephan Kothrade (member of the executive committee)
Director appointment, Wouter De Geest (voorzitter van het directiecomité)
2006
13-11
State Gazette actResignation: Thomas Leysen (director)
Appointment: Lodewijk Willems (director)3 facts ▸
Board meeting, 26/10/2006
Director resignation, Thomas Leysen (director)
Director appointment, Lodewijk Willems (director)
2005
14-02
State Gazette actAppointments: Albert Heuser, Joachim-Friedrich Merz and 2 others
5 facts ▸
General meeting, 28/12/2004
Director appointment, Albert Heuser (director)
Director appointment, Joachim-Friedrich Merz (director)
Director appointment, Thomas Leysen (director)
Director appointment, Philippe de Buck van Overstraeten (director)
2004
23-02
State Gazette actCapital & shares · Statutes amendment
Capital increase · Accounting effect2 facts ▸
Capital increase, €1.000.000.000
Accounting effect, 03/02/2004
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
44 of 44 acts read
Support & recognitions
4 funding sourcesFlanders €14.2m4 registers with recognitionsFASFC 1 siteLEI issued
Flemish government
€14.2m
awarded · 2022 - 2025
Federal government
2 payments
2023 - 2024
EU budget
€169.8m
awarded · 2022
European research
€589,876
EU contribution · 4 projects
FASFC
1
authorised site
Care
1
facility
Work and economy
1
current recognition
LEI
active
529900ZOZKTORO2SY444
Subsidies and aid4
Flemish government
Flemish government
Subsidies and aid from the Flemish government to this company. Public aid says something about projects and the obligations that come with it.