Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 32.9 to 27.9.
Financials
Financial year 2025
CVB RECYCLING from Vilvoorde, company number BE0405774160, closed financial year 2025 with a result of € -510,933 after tax. For that financial year CVB RECYCLING recorded revenue of € 10.2 million and equity of € 3.5 million. Compared with financial year 2024, the result moved from € -232,532 to € -510,933. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 3.5 million
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -510,933
▼ 120 % more loss than in 2024
Profit after tax over the fiscal year.
€ 63,361
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.3 million.
People and assets in 2025
27.9
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 7% vs 2024
€ 65,300 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.
€ 768,946
▼ 5% 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.
€ 2.6 million
▲ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 113 days on average.
€ 202,553
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,551,000 | € 12,153,990 | € 13,332,394 | € 10,169,873 | ▼ 24% |
| Profit after taxes | € 573,279 | € -990,705 | € -232,532 | € -510,933 | ▼ € 278,401 |
| Equity | € 5,230,161 | € 4,239,456 | € 4,006,924 | € 3,495,991 | ▼ 13% |
| Total debts | € 1,138,221 | € 1,658,493 | € 2,007,194 | € 2,781,542 | ▲ 39% |
| Cash | € 325,857 | € 102,886 | € 119,731 | € 63,361 | ▼ 47% |
| Retained profit | € 5,081,425 | € 4,090,720 | € 3,858,188 | € 3,347,255 | ▼ 13% |
| Balance sheet total | € 6,378,258 | € 5,905,850 | € 6,020,044 | € 6,281,483 | ▲ 4% |
| Employees (FTE) | 32 | 32.9 | 29.6 | 27.9 | ▼ 1.7 |
Key figures of CVB RECYCLING, 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 CVB RECYCLING?
What happened at CVB RECYCLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- RECYCLING CVB NV stepped down as director. NBB
- Linda Van Berkel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 510,933. Source: NBB ↗
- RECYCLING CVB NV became a director. NBB
- Linda Van Berkel became a director. NBB
- New establishment in Aartselaar. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 573,279 profit in 2022 to € 510,933 loss in 2025.
Paid € 196,539 in corporate taxes since 2022.
Best year ever: 2022, with € 573,279 profit.
Pays suppliers within 113 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
It owns 100% of Sanglier Emile itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Cees Van Berkel
Also active at: Emile SANGLIER, VILRAD
since 2022 · until 2028
Linda Van Berkel
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Radiatorenstraat 51
1800 Vilvoorde
Industrieweg 18
2630 Aartselaar
Active since 15 November 2005
Henri Farmanstraat 36
9000 Gent
Active since 15 November 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
TRANSIP-AS Amsterdam, the Netherlands, NL
Domain
Domain
cvbecologistics.com
Registered
2002-06-20
Registrar
Hosting Concepts B.V. d/b/a Registrar.eu
Expires
2026-06-20
Website info
Features
Security
Details
- Company number
- 0405.774.160
- VAT number
- BE 0405.774.160
- Registered office
- Radiatorenstraat 51, 1800 Vilvoorde
- Names & denominations
- CVB RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 1920
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- cvbecologistics.com
- Activities · NACE
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