Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
Rezinal from Heusden-Zolder, company number BE0414089040, closed financial year 2023 with a result of € -3.8 million after tax. For that financial year Rezinal recorded revenue of € 78.7 million and equity of € 29.7 million. Compared with financial year 2022, the result moved from € 13.9 million to € -3.8 million. 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 June 20, 2024.
€ 29.7 million
▼ 26% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.8 million
▼ still € 13.9 million profit in 2022
Profit after tax over the fiscal year.
€ 587,979
▼ 75% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 29 million.
People and assets in 2023
62.1
▲ 0.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 4.7 million
▼ 2% vs 2022
€ 75,500 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.
€ 545,716
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 12.7 million
▼ 2% vs 2022
€ 765,714 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5.1 million
▼ 41% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 23 days on average.
€ 730,082
▼ 39% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 82,791,730 | € 110,904,725 | € 78,720,675 | ▼ 29% |
| Profit after taxes | € 10,191,720 | € 13,901,751 | € -3,803,177 | ▼ € 17.7 million |
| Equity | € 27,368,754 | € 40,020,505 | € 29,717,328 | ▼ 26% |
| Total debts | € 27,480,250 | € 23,746,485 | € 21,176,816 | ▼ 11% |
| Cash | € 4,782,366 | € 2,312,886 | € 587,979 | ▼ 75% |
| Land & buildings | € 378,934 | € 357,320 | € 698,067 | ▲ 95% |
| Retained profit | € 26,618,754 | € 39,270,505 | € 28,967,328 | ▼ 26% |
| Dividend | € 0 | € 1,250,000 | € 6,500,000 | ▲ € 5.3 million |
| Bank debt | € 14,228,688 | € 13,015,156 | € 12,715,060 | ▼ 2% |
| Balance sheet total | € 54,849,004 | € 63,766,990 | € 50,894,144 | ▼ 20% |
| Employees (FTE) | 64 | 62 | 62.1 | ▲ 0.1 |
Key figures of Rezinal, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Rezinal?
What happened at Rezinal in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Petra van Saaze stepped down as director. NBB
- Thomas van Lindert stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 3.8 million (▼ € 17.7 million vs 2022). Source: NBB ↗
- Petra van Saaze became a director. NBB
- Ditmar Koster stepped down as director. NBB
- Ditmar Koster became a director. NBB
- Thomas van Lindert became a director. NBB
- New establishment in Heusden-Zolder. KBO
In short
From € 10.2 million profit in 2021 to € 3.8 million loss in 2023.
Paid € 7 million in corporate taxes since 2021.
Best year ever: 2022, with € 13.9 million profit.
Paid out € 7.8 million in dividends to the owners in total.
Management
Directors
According to the 2023 annual accounts
Ditmar Koster
Managing director
since 2022 · until 2023
Petra van Saaze
Managing director
since 2024 · until 2028
Thomas van Lindert
Director, Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Dellestraat 17
3550 Heusden-Zolder
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.089.040
- VAT number
- BE 0414.089.040
- Registered office
- Dellestraat 17, 3550 Heusden-Zolder
- Names & denominations
- Rezinal
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 1974
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Productie van lood, tin en zink
Productie van lood, zink en tin
Terugwinning van materialen uit afval
Recycling van metaalafval
Terugwinning van metaalafval