Belgomazout
ActiveSummary
Belgomazout has been active since 1947 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €823,369. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 5048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49▼-18
Solvency65▼-1
Growth47▼-4
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.36 in 2024; short-term debt: 57.9% and cash: 27.1% of total assets), and 60.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.7%
Return on assets
15.9%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €2.1m
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
28 d early
2023
56 d early
2022
32 d early
2021
38 d early
2020
9 d early
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€44.5m▼ 16.8%
2024 · €53.5m
EBIT margin
0.3%▼ 0.4pp
2024 · 0.7%
Net result
€823,369▲ 11.7%
2024 · €737,259
Working capital
€1.4m▲ 40.9%
2024 · €963,175
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€37.5m▼ 10.7%€55.5m▲ 48.1%€61.1m▲ 10.0%€53.5m▼ 12.4%€44.5m▼ 16.8%
Operating result€27,520▲ 86.1%€18,164▼ 34.0%€241,461▲ 1,229%€391,371▲ 62.1%€129,918▼ 66.8%
Net result€522,341within the sector's middle half▲ 97.2%€298,663within the sector's middle half▼ 42.8%€363,123within the sector's middle half▲ 21.6%€737,259above the sector's middle half▲ 103%€823,369above the sector's middle half▲ 11.7%
EBIT margin0.1%=0.0%=0.4%▲ 0.4pp0.7%▲ 0.3pp0.3%▼ 0.4pp
Equity€2.7mwithin the sector's middle half▲ 0.1%€2.7mwithin the sector's middle half=€1.8mwithin the sector's middle half▼ 33.1%€1.8mwithin the sector's middle half▲ 2.1%€2.1mwithin the sector's middle half▲ 12.2%
Total assets€5.1mwithin the sector's middle half▲ 10.9%€5.5mwithin the sector's middle half▲ 7.7%€5.6mwithin the sector's middle half▲ 2.1%€4.5mwithin the sector's middle half▼ 20.0%€5.2mwithin the sector's middle half▲ 15.1%
Debt€2.4m▲ 26.0%€2.8m▲ 16.2%€3.8m▲ 35.6%€2.7m▼ 30.3%€3.0m▲ 12.3%
Working capital€1.4mwithin the sector's middle half▲ 8.2%€1.6mwithin the sector's middle half▲ 14.0%€750,718within the sector's middle half▼ 52.7%€963,175within the sector's middle half▲ 28.3%€1.4mwithin the sector's middle half▲ 40.9%
Solvency52.5%within the sector's middle half▼ 5.7pp48.7%within the sector's middle half▼ 3.8pp31.9%within the sector's middle half▼ 16.8pp40.7%within the sector's middle half▲ 8.8pp39.7%within the sector's middle half▼ 1.0pp
Current ratio1.57within the sector's middle half▼ 0.091.56within the sector's middle half▼ 0.011.20within the sector's middle half▼ 0.371.36within the sector's middle half▲ 0.171.45within the sector's middle half▲ 0.09
Return on assets (ROA)10.2%within the sector's middle half▲ 4.5pp5.4%within the sector's middle half▼ 4.8pp6.5%within the sector's middle half▲ 1.0pp16.4%above the sector's middle half▲ 9.9pp15.9%above the sector's middle half▼ 0.5pp
Staff (FTE)5within the sector's middle half=4.3within the sector's middle half▼ 14.0%2.9below the sector's middle half▼ 32.6%2below the sector's middle half▼ 31.0%2below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 67% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.2m
Fixed assets
€822,737 ▼ 6.0%
Current assets
€4.4m ▲ 20.1%
Equity and liabilities €5.2m
Equity
€2.1m ▲ 12.2%
Provisions
€125,000
Debt
€3.0m ▲ 12.3%
Debt's share of the balance-sheet total falls from 59.3% to 57.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€186,259▼
2024 · €454,834
Cash flow
€879,710▲
2024 · €800,723
Debt to equity
1.46▲
2024 · 1.46
ROE
40.1%▼
2024 · 40.3%
Debt ≤ 1 year
€3.0m▲
2024 · €2.7m
Income taxes
€34,805▼
2024 · €101,850
Staff costs
€197,369▲
2024 · €171,705
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 31,370 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €55.7m | €61.2m | €53.6m | €44.6m | ▼ 16.8% |
| Turnover70 | €37.5m | €55.5m | €61.1m | €53.5m | €44.5m | ▼ 16.8% |
| Other operating income74 | - | €148,208 | €64,320 | €16,075 | €13,029 | ▼ 18.9% |
| Non-recurring operating income76A | - | €6,349 | €0 | €15,900 | €0 | ▼ 100% |
| Operating charges60/66A | - | €55.7m | €60.9m | €53.2m | €44.4m | ▼ 16.4% |
| Goods for resale, raw materials and consumables60 | - | €55.0m | €60.4m | €52.7m | €43.8m | ▼ 16.8% |
| Purchases600/8 | - | €55.0m | €60.4m | €52.7m | €43.8m | ▼ 16.8% |
| Services and other goods61 | - | €215,839 | €241,116 | €234,419 | €208,258 | ▼ 11.2% |
| Remuneration, social security and pensions62 | - | €327,682 | €213,408 | €171,705 | €197,369 | ▲ 14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,438 | €69,509 | €44,602 | €63,464 | €56,341 | ▼ 11.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €125,000 | - |
| Other operating charges640/8 | - | €33,713 | €21,975 | €24,968 | €26,470 | ▲ 6.0% |
| Non-recurring operating charges66A | - | €6,088 | €0 | - | - | - |
| Operating profit (loss)9901 | €27,520 | €18,164 | €241,461 | €391,371 | €129,918 | ▼ 66.8% |
| Financial income75/76B | - | €291,579 | €190,198 | €449,407 | €729,332 | ▲ 62.3% |
| Recurring financial income75 | €509,278 | €291,579 | €190,198 | €449,407 | €729,332 | ▲ 62.3% |
| Income from financial fixed assets750 | - | €280,309 | €180,198 | €445,215 | €715,365 | ▲ 60.7% |
| Income from current assets751 | - | €11,271 | €10,000 | €4,192 | €13,948 | ▲ 233% |
| Other financial income752/9 | - | - | - | €0 | €19 | ▲ 13,643% |
| Financial charges65/66B | - | €1,256 | €2,216 | €1,668 | €1,077 | ▼ 35.5% |
| Recurring financial charges65 | €957 | €1,256 | €2,216 | €1,668 | €1,077 | ▼ 35.5% |
| Debt charges650 | - | €29 | €73 | €54 | €0 | ▼ 100% |
| Other financial charges652/9 | - | €1,227 | €2,143 | €1,614 | €1,077 | ▼ 33.3% |
| Profit (loss) for the period before taxes9903 | €535,841 | €308,487 | €429,444 | €839,109 | €858,174 | ▲ 2.3% |
| Income taxes67/77 | €13,500 | €9,824 | €66,321 | €101,850 | €34,805 | ▼ 65.8% |
| Taxes670/3 | - | €9,824 | €66,321 | €101,850 | €36,813 | ▼ 63.9% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0 | €2,008 | ▲ 956,181% |
| Profit (loss) for the period9904 | €522,341 | €298,663 | €363,123 | €737,259 | €823,369 | ▲ 11.7% |
| Profit (loss) for the period to be appropriated9905 | €522,341 | €298,663 | €363,123 | €737,259 | €823,369 | ▲ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.1m | €5.5m | €5.6m | €4.5m | €5.2m | ▲ 15.1% |
| Fixed assets21/28 | €1.3m | €1.1m | €1.1m | €875,270 | €822,737 | ▼ 6.0% |
| Tangible fixed assets22/27 | €266,696 | €197,187 | €152,585 | €219,134 | €166,642 | ▼ 24.0% |
| Land and buildings22 | - | €14,871 | €14,871 | €14,871 | €14,871 | = |
| Furniture and vehicles24 | - | €182,317 | €137,714 | €204,263 | €151,771 | ▼ 25.7% |
| Financial fixed assets28 | €1.0m | €906,136 | €906,136 | €656,136 | €656,096 | = |
| Affiliated companies280/1 | - | €375,000 | €375,000 | €125,000 | €125,000 | = |
| Participating interests280 | - | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Amounts receivable281 | - | €250,000 | €250,000 | €0 | - | - |
| Companies linked by participating interests282/3 | - | €472,632 | €472,632 | €472,632 | €472,632 | = |
| Participating interests282 | - | €472,632 | €472,632 | €472,632 | €472,632 | = |
| Other financial fixed assets284/8 | - | €58,503 | €58,503 | €58,503 | €58,463 | ▼ 0.1% |
| Shares284 | - | €56,718 | €56,718 | €56,718 | €56,718 | = |
| Amounts receivable and cash guarantees285/8 | - | €1,785 | €1,785 | €1,785 | €1,745 | ▼ 2.2% |
| Current assets29/58 | €3.8m | €4.4m | €4.6m | €3.6m | €4.4m | ▲ 20.1% |
| Stocks and contracts in progress3 | €6,088 | - | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1.9m | €2.5m | €3.7m | €1.7m | €2.4m | ▲ 44.5% |
| Trade receivables40 | - | €2.5m | €3.6m | €1.6m | €2.4m | ▲ 45.8% |
| Other amounts receivable41 | - | €6,753 | €84,273 | €42,561 | €40,199 | ▼ 5.5% |
| Current investments50/53 | - | - | - | €600,000 | €500,000 | ▼ 16.7% |
| Other investments51/53 | - | - | - | €600,000 | €500,000 | ▼ 16.7% |
| Cash at bank and in hand54/58 | €1.9m | €1.9m | €838,532 | €1.3m | €1.4m | ▲ 6.9% |
| Deferred charges and accrued income490/1 | - | €22,726 | €22,005 | €22,470 | €10,107 | ▼ 55.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.1m | €5.5m | €5.6m | €4.5m | €5.2m | ▲ 15.1% |
| Equity10/15 | €2.7m | €2.7m | €1.8m | €1.8m | €2.1m | ▲ 12.2% |
| Contributions10/11 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Capital10 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Issued capital100 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Reserves13 | €1.4m | €1.4m | €349,934 | €349,934 | €349,934 | = |
| Non-distributable reserves130/1 | - | €123,947 | €123,947 | €123,947 | €123,947 | = |
| Legal reserve130 | - | €123,947 | €123,947 | €123,947 | €123,947 | = |
| Tax-exempt reserves132 | - | €225,987 | €225,987 | €225,987 | €225,987 | = |
| Distributable reserves133 | - | €1.1m | €0 | - | - | - |
| Profit (loss) carried forward14 | €42,508 | €41,171 | €204,294 | €241,553 | €464,922 | ▲ 92.5% |
| Provisions and deferred taxes16 | - | - | - | - | €125,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €125,000 | - |
| Environmental obligations163 | - | - | - | - | €125,000 | - |
| Amounts payable17/49 | €2.4m | €2.8m | €3.8m | €2.7m | €3.0m | ▲ 12.3% |
| Amounts payable within one year42/48 | €2.4m | €2.8m | €3.8m | €2.7m | €3.0m | ▲ 12.6% |
| Trade debts44 | €1.8m | €2.5m | €2.5m | €1.9m | €2.4m | ▲ 22.0% |
| Suppliers440/4 | - | €2.5m | €2.5m | €1.9m | €2.4m | ▲ 22.0% |
| Taxes, remuneration and social security45 | - | €22,517 | €30,228 | €19,967 | €29,901 | ▲ 49.7% |
| Taxes450/3 | - | €5,855 | €13,003 | €3,894 | €15,374 | ▲ 295% |
| Remuneration and social security454/9 | - | €16,661 | €17,226 | €16,073 | €14,526 | ▼ 9.6% |
| Other amounts payable47/48 | - | €300,000 | €1.3m | €703,225 | €603,225 | ▼ 14.2% |
| Accrued charges and deferred income492/3 | - | €10,229 | €15,743 | €7,490 | €479 | ▼ 93.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €522,341 | €298,663 | €363,123 | €737,259 | €823,369 | ▲ 11.7% |
| + Depreciation and write-downs630 | €60,438 | €69,509 | €44,602 | €63,464 | €56,341 | ▼ 11.2% |
| Operating cash flow (approximation) | €582,779 | €368,172 | €407,725 | €800,723 | €879,710 | ▲ 9.9% |
| Investment in fixed assets (approximation) | - | €125,000 | €0 | €119,987 | -€3,809 | ▼ 103% |
| Change in cash | - | -€13,044 | -€1.1m | €474,947 | €91,138 | ▼ 80.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Highest result since 2019net €823,369 ▲11.7%
Net result €823,369, the highest in the series.
30-06
Financial
Equity above €2mEq €2.1m ▲12.2%
7 profitable years in a row build equity to €2.1m.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Weakest financial yearnet €264,932 ▼58.4%
Net result drops to €264,932, the lowest in the series; recovery starts the following year.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1947
Ground area
9.0 ha
Building footprint
320 m²
Volume, LiDAR
2,607 m³
Parcel 11809I2927/00D000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
D'Herbouvillekaai 100, 2020 Antwerpen
since 19472.003.537.572
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2927/00D000 | Flanders | 9.0 ha | 1 · 320 m² | 11.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
1 owner · 3 holdingsOwners 1
-
34.24%
Holdings 3
-
50%
-
31%
-
10.01%
According to the annual accounts to 30-06-2025 of Belgomazout 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
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,817 EUR awarded · 1,817 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 132 EUR | 132 EUR |
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
| 2022 | 1 | 185 EUR | 185 EUR |
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Of 840 companies in sector 46810 we hold annual accounts for 475. 312 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-06-1947
Fiscal year end30-06
Activities, NACEBEL 2025
46810Wholesale of solid, liquid and gaseous fuels and related products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0404565224
Also
9925:BE0404565224
Registered
08-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.