Financials
Financial year 2025
Smurfit Westrock Recovered Fiber Belgium from Antwerpen, company number BE0403742506, closed financial year 2025 with a result of € -411,298 after tax. For that financial year Smurfit Westrock Recovered Fiber Belgium recorded revenue of € 29.4 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 43,815 to € -411,298. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 1.9 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -411,298
▼ still € 43,815 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.8 million.
People and assets in 2025
16.7
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 16% vs 2024
€ 88,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 582,744
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3.2 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 224,531
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 48,310,611 | € 29,881,399 | € 35,225,599 | € 29,355,904 | ▼ 17% |
| Profit after taxes | € 252,763 | € 85,016 | € 43,815 | € -411,298 | ▼ € 455,113 |
| Equity | € 2,291,289 | € 2,337,213 | € 2,337,796 | € 1,926,498 | ▼ 18% |
| Total debts | € 6,219,292 | € 6,099,024 | € 4,156,079 | € 3,588,328 | ▼ 14% |
| Cash | € 4,032 | - | - | - | |
| Land & buildings | € 179,646 | € 142,391 | € 109,563 | € 82,227 | ▼ 25% |
| Retained profit | € 2,141,289 | € 2,187,213 | € 2,187,796 | € 1,776,498 | ▼ 19% |
| Balance sheet total | € 8,510,581 | € 8,436,237 | € 6,493,874 | € 5,514,826 | ▼ 15% |
| Employees (FTE) | 14.8 | 16.5 | 16.2 | 16.7 | ▲ 0.5 |
Key figures of Smurfit Westrock Recovered Fiber Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Smurfit Westrock Recovered Fiber Belgium?
What happened at Smurfit Westrock Recovered Fiber Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JAN VALKHOF stepped down as director. NBB
- A.J. DE HAAS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 411,298 (▼ € 455,113 vs 2024). Source: NBB ↗
- JAN VALKHOF became a director. NBB
- A.J. DE HAAS became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Antwerpen. KBO
In short
From € 252,763 profit in 2022 to € 411,298 loss in 2025.
Paid € 143,673 in corporate taxes since 2022.
Best year ever: 2022, with € 252,763 profit.
Pays suppliers within 42 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Smurfit Westrock Turnhout NV (100%).
Directors
According to the 2025 annual accounts
A.J. DE HAAS
Director
since 2024 · until 2030
JAN VALKHOF
Director
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schijnpoortweg 135
2170 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.742.506
- VAT number
- BE 0403.742.506
- Registered office
- Schijnpoortweg 135, 2170 Antwerpen
- Names & denominations
- Smurfit Westrock Recovered Fiber Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 1944
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Terugwinning van materialen uit afval
Recycling van niet-metaalafval
Terugwinning van inerte afvalstoffen
Groothandel in andere intermediaire producten, neg
Sorteren van ongevaarlijk afval
Groothandel in andere intermediaire producten, n.e.g.