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PROXIFUEL

Active
Public limited companyfounded 1970active for 56 yearsAnspachlaan 1, 1000 Brussel, BelgiumKBO/BCE: BE 0407.234.704
Summary

PROXIFUEL has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €895,044. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 9% of 6,071 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Wholesale of solid, liquid and gaseous fuels and related products
NACE 46810
11 sites
Size
€547.9mturnover 2025
Staff
44.5 FTE
Equity
€2.7m
Profit
€895,044
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Parent
TotalEnergies Marketing Belgium · 100%
Holdings
3
Auditor: PricewaterhouseCoopers Bedrijfsrevisoren-Reviseur d'EntreprisesAccounts 36 days early2 of 74 deeds read
Why 66raises riskLiquidity: current ratio 1.03, cash €13,750, halvedEquity €2.7m (4.5% of total assets)lowers riskSize: turnover €547.9m, 44.5 FTE, total assets €60.4mFounded in 1970Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 19% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Weak
Solvency 30+1
equity 4.5% of total assets
Liquidity 0=
short-term debt 94.4% · cash 0.0%
Profitability 54=
return on assets 1.5%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,382 companies, NACE 46, small)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 0.7%▼ -0.6 percentage points vs 01-2025lowest value 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 0.8%▼ -0.1 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.6 percentage points vs 07-2026 09-2026: 1.8%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 0.8%▼ -1.0 percentage point vs 09-2026
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.03, compared with 1.03 in 2024; short-term debt: 94.4% and cash: 0% of total assets), and 95.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 8% on solvency, 1% on liquidity, 37% on profitability and 29% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.03, cash €13,750, halved
NBB · annual accounts
raises risk · Equity €2.7m (4.5% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €547.9m, 44.5 FTE, total assets €60.4m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1970
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 6071 sector peers (2025).
NBB · sector comparison
Position among 6071 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
24 days early
2023
13 days late
2022
42 days early
2021
41 days early
2020
40 days early
2019
43 days 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 30 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Michel JODOGNE (managing director) and…Appointment: Vanessa SIM (managing director)…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Reappointment: PricewaterhouseCoopers Bedrijfsrevisoren-Reviseur d'Entreprises (statutory auditor)Gazette deed

Key points

  • Caution: Among the weakest 10% on solvencysector median 45.6% · 6,071 companies 4.5% View
  • New directorslatest change 10-06-2026 · 2 in office 3 joined View
  • Controlled by TotalEnergies Marketing Belgiumultimately: TotalEnergies SE 100% View
  • Positive: 6 profitable years in a rowprofit 2025: €895,044 6 years View
  • Active since 1970founded 01-07-1970 56 years View

By topic

Financials

Financial year
2025
Turnover
€547.9m
Profit
€895,044
Solvency
4.5%
Turnover▼ 3.5%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
TotalEnergies Marketing Belgium · 100%
Auditor
PricewaterhouseCoopers Bedrijfsrevisoren-Reviseur d'Entreprises
  • François CHABOTDirector
  • Nico STANDAERTDirector
Go to Board & ownership

Timeline

Events
54
Since
1979
Next accounts
by 31-07-2027
  1. 07-07-2025Annual accounts filed
  2. 13-08-2024Annual accounts filed
  3. 31-12-2023Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
11
Legal form
Public limited company
Activity
Wholesale of solid, liquid and gaseous fuels and…NACE 46810
Founded
01-07-1970
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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