Belgium
301 Employees
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Third-party revenues
$941,107,822
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Related-party revenues
$374,109,548
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Total revenues
$1,315,217,370
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Profit before tax
$55,852,817
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Tax paid
$18,090,885
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Tax accrued
$16,857,323
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Tangible assets
$304,867,044
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Stated capital
$120,908,175
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Accumulated earnings
$43,573,515
Main business activities
- Downstream
- Trading and Supply
- Projects & Technology
Shell’s footprint
Shell has been present in Belgium since 1919 and operates a network of close to 270 retail sites across the country, serving around 55,000 customers every day. Shell in Belgium also has a network of six liquefied natural gas stations and offers its customers a wide range of lubricants and electric vehicle charging points. Shell’s trading and supply activities include the supply of fuels to our downstream business and the purchase of products for sale to industrial and retail customers. Shell has two manufacturing units in Ghent, one for greases and one for catalysts. Shell also supplies jet fuel to aviation customers in Belgium.
Country financial analysis
The statutory corporate income tax rate in Belgium is 25%. Corporate income taxes paid in 2021 were reduced by advance tax payments made in 2020.
