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NITRACO

Active
Public limited companyfounded 1993active for 33 yearsLammerdries-Oost 29, 2250 Olen, BelgiumKBO/BCE: BE 0450.334.376
Summary

NITRACO has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.9m and a net result of €252,450. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 15% of 42 sector peers (NACE 42, financial year 2026). The computed 12-month bankruptcy probability is 0.5% (very low).

Directors

Directors
4 directors, last change in 2025

Board 4

Johan Desmet
Director · since 07-08-2023
Current
Koen Stevens
Director · since 07-08-2023
Current
Joren Maetens
Director · since 27-05-2025
Current
Rob Wattelé
Director · since 06-10-2025
Current

Statutory auditor 1

EY Bedrijfsrevisoren BV
Statutory auditor · since 01-06-2026 · permanent representative: Koen De Nijs
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
18 of this company's 22 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

8 people since 2023, 5 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Johan Desmet
  • Director, since before 07-08-2023
Koen Stevens
  • Director, since before 07-08-2023
Joren Maetens
  • Director, from 27-05-2025 to date
Rob Wattelé
  • Director, from 06-10-2025 to date
EY Bedrijfsrevisoren BV
  • Statutory auditor, from 01-06-2026 to date
Hakim Boutkabout
  • Director, from 27-05-2025 to 06-10-2025
Gert Van de Weghe
  • Director, from before 07-08-2023 to 27-05-2025
Michel Leyseele
  • Director, from before 07-08-2023 to 27-05-2025
See the board, name and registered office on a given date →

Owners and capital

Owners

4 owners

Chain of control

  1. Nippon Sanso EuroholdingES consolidates
  2. Mitsubishi Chemical Holdings CorporationJP consolidates
  3. NITRACO

Highest known parent: Nippon Sanso Euroholding (Spain). The sources do not say who stands above it.

Owners 4

According to the annual accounts to 31-03-2026 of NITRACO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.