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SQM EUROPE

Active
Public limited companyfounded 1933active for 93 yearsHoutdok-Noordkaai 25a, 2030 Antwerpen, BelgiumKBO/BCE: BE 0404.760.808
Summary

SQM EUROPE has been active since 1933 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417.5m and a net result of €26.3m. Equity has been growing by about 34% per year since 2018. Its solvency ranks better than 87% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-06-1933 Normal situation
Activity
Wholesale of industrial chemicals NACE 46851
Joint committee
207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 2025
Establishment unit
2.002.982.593 2030 Antwerpen, since 01-06-1933
Financial year end
31 December
Peppol
Reachable since 29-10-2025

Board and ownership

Board
and 1 other
Auditor
BV PwC Bedrijfsrevisoren
Shareholders
  • SOCIEDAD QUIMICA Y MINERA DE CHILE S.A.annual accounts 2025

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€881.2m
▼ 28.3%
Profit
€26.3m
▼ 38.4%
Equity
€417.5m
▲ 6.7%
Total assets
€506.6m
▲ 1.3%
Employees on 31-12-2025
70
▼ 15.7%
Score breakdownraises riskLiquidity: current ratio 5.65, cash €745,666lowers riskFounded in 1933Size: turnover €881.2m, 64.7 FTE, total assets €506.6mEquity €417.5m (82.4% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of medium-sized companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 82.4% of total assets
Liquidity 45+2
short-term debt 17.6% · cash 0.1%
Profitability 65=
return on assets 5.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (748 companies, NACE 46, medium-sized)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €39,650,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.65 (4.58 in 2024), above the usual 1.5. Short-term debt is 17.6% and cash 0.1% of total assets. 17.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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, medium-sized). It does better than 93% of them on solvency, 63% on liquidity, 61% on profitability and 31% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1933
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 5.65, cash €745,666
NBB · annual accounts
lowers risk · Size: turnover €881.2m, 64.7 FTE, total assets €506.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €417.5m (82.4% of total assets)
NBB · annual accounts
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
57 days early
2024
27 days early
2023
37 days early
2022
48 days early
2021
60 days early
2020
59 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 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 13 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by equity in Antwerp, Wholesale and retail trade sectorin the Checked rankings No. 1 View
  • Board changedlatest change 18-12-2025 · 4 in office 1 joined · 2 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €26.3m 8 years View
  • Caution: Result fell in 2025from €42.7m to €26.3m ▼ 38.4% View

Recent changes

  1. · Gazette deed 1 director appointed, 2 directors resigningResignations: Erik Borghijs (director) and Ricardo Ramos (director) · Appointment: Marc Goetschalckx (director)
  2. · Gazette deed Transfer: SQM EUROPE transfers a branch of activity to SQM Lithium Europe
  3. · Gazette deed Transfer proposal: SQM Europe NV transfers a branch of activity to SQM Lithium Europe NV
All 21 events

Comparable companies

These companies have the same main activity as SQM EUROPE: wholesale of industrial chemicals (NACE 46851). They are comparable in size and age: total assets between €75m and €964m, founded between 1964 and 1971.

CompanyTotal assetsTurnover
SQM EUROPE Antwerpen€506.6m€881.2m
SOLVAY CHEMICALS INTERNATIONAL Brussel€151.6m€1,310.7m
ALBEMARLE EUROPE Ottignies-Louvain-la-Neuve€964.2m€472.9m
Mitsui & Co Benelux Brussel€109.2m€343.1m
BRENNTAG Deerlijk€398.9m€303.1m
Impextraco Heist-op-den-Berg€74.8m€156.9m
Milliken Europe Gent€124.9m€146.4m
Full comparison

Key facts about SQM EUROPE

What is the company number of SQM EUROPE?
The company number of SQM EUROPE is 0404.760.808. The VAT number is the same number with BE in front: BE 0404.760.808.
Where is SQM EUROPE based?
The registered office is at Houtdok-Noordkaai 25a, 2030 Antwerpen.Company details
What does SQM EUROPE do?
According to the KBO register, the main activity is wholesale of industrial chemicals (NACE 46851).
What is the legal form of SQM EUROPE?
The legal form of SQM EUROPE is Public limited company (NV).
When was SQM EUROPE founded?
SQM EUROPE was founded on 08-06-1933.
Is SQM EUROPE still active?
Yes, SQM EUROPE is an active enterprise in the KBO register.
How many employees does SQM EUROPE have?
SQM EUROPE had an average of 64.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SQM EUROPE fall under?
In its 2025 annual accounts, SQM EUROPE states joint committee 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid).
What is the turnover of SQM EUROPE?
The turnover of SQM EUROPE was €881.2m in financial year 2025, according to the filed annual accounts.
Is SQM EUROPE profitable?
In financial year 2025, SQM EUROPE made a profit of €26.3m.
Where can I find the annual accounts of SQM EUROPE?
SQM EUROPE filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SQM EUROPE due?
SQM EUROPE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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