Manufacture of refined petroleum products and fossil fuel products
26 Belgian companies whose main activity falls under NACE code 1920 have filed annual accounts. Their median solvency is 46.3% for financial year 2023.
Sector medians
Computed by IdonisDistribution across the sector's companies for financial year 2023: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.
| Indicator | 1st quartile | Median | 3rd quartile | Companies |
|---|---|---|---|---|
| Solvency | 7.6% | 46.3% | 61.7% | 25 |
| Current ratio | 0.54 | 1.46 | 2.18 | 25 |
| ROE | 0.4% | 7.1% | 36.3% | 21 |
| Equity | 162,099 € | €15.2m | €128.2m | 25 |
| Total assets | 438,266 € | €31.0m | €307.7m | 25 |
| Net result | −4,568 € | 94,026 € | €19.8m | 24 |
| Headcount (avg FTE) | 64.5 | 131.9 | 384.1 | 13 |
Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method
Largest companies: Manufacture of refined petroleum products and fossil fuel products
Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Exxonmobil Petroleum & Chemical 2030 Antwerp | €41.1bn | €19.9bn | €11.7bn | 1,829.1 | 2025 |
| 2 | TotalEnergies Petrochemicals & Refining 1000 Brussels | €6.33bn | €15.5bn | €4.72bn | 352.8 | 2025 |
| 3 | TotalEnergies Refinery Antwerp 2030 Antwerp | €1.07bn | €841.5m | €149.6m | 1,232.3 | 2025 |
| 4 | TotalEnergies Marketing Belgium 1000 Brussels | €852.2m | €6.08bn | €211.4m | 508.7 | 2025 |
| 5 | Chevron Phillips Chemicals International 1831 Machelen (Brab.) | €664.3m | €1.52bn | €473.4m | 333.7 | 2025 |
| 6 | Biowanze 4520 Wanze | €439.9m | €306.0m | €411.6m | 140.2 | 2026 |
| 7 | Chevron Belgium 9050 Ghent | €330.0m | €1.01bn | €175.6m | 114.8 | 2025 |
| 8 | Castrol Belgium 9000 Ghent | €239.9m | €550.8m | €139.4m | — | 2024 |
| 9 | Monument Chemical 9130 Beveren-Kruibeke-Zwijndrecht | €183.1m | €157.5m | €138.9m | 128.6 | 2025 |
| 10 | INEOS Phenol Belgium 9130 Beveren-Kruibeke-Zwijndrecht | €158.9m | €49.2m | €100.9m | 134.4 | 2025 |
| 11 | Wolf Oil Corporation 2620 Hemiksem | €147.6m | €343.0m | €41.3m | 74.6 | 2025 |
| 12 | TotalEnergies Charging Solutions Belgium 1000 Brussels | €66.6m | €25.1m | €31.8m | 66.4 | 2025 |
| 13 | OMV Renewable Fuels & Feedstock 9130 Beveren-Kruibeke-Zwijndrecht | €58.4m | — | €53.5m | — | 2025 |
| 14 | Govi Production Company 9031 Ghent | €45.0m | €79.8m | €34.6m | 67.5 | 2025 |
| 15 | TotalEnergies Petrochemicals Ecaussinnes 7181 Seneffe | €43.6m | €64.4m | €22.9m | — | 2025 |
| 16 | Gilops Group 4020 Liège | €28.7m | €211.1m | €7.46m | — | 2025 |
| 17 | Eurasphalte 6200 Châtelet | €4.70m | €8.75m | 262,638 € | — | 2025 |
| 18 | Terra Mater 9042 Ghent | €3.17m | — | 41,184 € | 1.3 | 2025 |
| 19 | Carboganic 2020 Antwerp | €1.12m | — | 774,829 € | — | 2025 |
| 20 | Syntix 2830 Willebroek | 391,116 € | — | 102,934 € | 0.3 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
See all 26 companies, full list →
Where are they based?
Municipalities with the most
- 1000 Brussels3
- 2030 Antwerp3
- 9130 Beveren-Kruibeke-Zwijndrecht (Doel, Kallo, Kieldrecht, …)3
- 9050 Ghent (Gentbrugge, Ledeberg)2
- 1050 Ixelles1
- 1831 Machelen (Brab.) (Diegem)1
- 2018 Antwerp1
- 2020 Antwerp1
- 2620 Hemiksem1
- 2830 Willebroek (Blaasveld, Heindonk, Tisselt)1
- 3621 Lanaken (Rekem)1
- 4020 Liège (Bressoux, Jupille-Sur-Meuse, Wandre)1
Related sectors
← The whole Manufacture of coke and refined petroleum products sector (NACE 19)
Frequently asked questions
How many Manufacture of refined petroleum products and fossil fuel products companies are there in Belgium?
26 Belgian companies whose main activity falls under NACE code 1920 (Manufacture of refined petroleum products and fossil fuel products) have filed annual accounts with the National Bank.
What is the median solvency in Manufacture of refined petroleum products and fossil fuel products?
For financial year 2023, median solvency (equity over total assets) is 46.3%. The middle half of companies lies between 7.6% and 61.7% (25 companies).
What is the largest company in Manufacture of refined petroleum products and fossil fuel products?
By total assets, it is Exxonmobil Petroleum & Chemical (€41.1bn, financial year 2025).
Where are Manufacture of refined petroleum products and fossil fuel products companies based?
The municipalities with the most: Brussels (3), Antwerp (3), Beveren-Kruibeke-Zwijndrecht (3).
Analyse companies in Manufacture of refined petroleum products and fossil fuel products
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Open the full file →Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 14 Nov 2026.