Financials
Financial year 2025
LAMMENS RECYCLING from Wichelen, company number BE0441924872, closed financial year 2025 with a result of € 629,850 after tax. For that financial year LAMMENS RECYCLING recorded a gross margin of € 3 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 293,400 to € 629,850. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 3.9 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 629,850
▲ 115% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ 263% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
40 % of the profit went to the shareholders, mostly to Solid BV (100 % of the shares). That is where the money ends up.
People and assets in 2025
17
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 1% vs 2024
€ 65,400 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.
€ 289,626
▼ 53% vs 2024
Of which on lease € 138,796.
Debts at end 2025
€ 662,366
▼ 39% vs 2024
€ 188,111 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 438,881
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 183,480
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,991,354 | € 7,286,990 | - | - | |
| Gross margin | € 2,024,842 | € 2,289,381 | € 2,169,126 | € 2,958,450 | ▲ 36% |
| Profit after taxes | € 466,254 | € 376,380 | € 293,400 | € 629,850 | ▲ 115% |
| Equity | € 3,291,284 | € 3,467,664 | € 3,561,064 | € 3,940,914 | ▲ 11% |
| Total debts | € 2,197,731 | € 2,573,632 | € 2,698,432 | € 2,037,004 | ▼ 25% |
| Cash | € 535,492 | € 1,409,632 | € 465,798 | € 1,690,656 | ▲ 263% |
| Land & buildings | € 581,308 | € 562,176 | € 544,998 | € 531,790 | ▼ 2% |
| Retained profit | € 3,272,684 | € 3,449,064 | € 3,542,464 | € 3,922,314 | ▲ 11% |
| Dividend | € 200,000 | € 200,000 | € 200,000 | € 250,000 | ▲ 25% |
| Bank debt | € 1,589,454 | € 1,287,571 | € 1,092,050 | € 662,366 | ▼ 39% |
| Balance sheet total | € 5,740,493 | € 6,291,374 | € 6,509,496 | € 6,227,918 | ▼ 4% |
| Employees (FTE) | 13.8 | 15.5 | 17 | 17 |
Key figures of LAMMENS 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 30 April 2027.
What happened to LAMMENS RECYCLING?
What happened at LAMMENS RECYCLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 629,850 (▲ 115% vs 2024). Source: NBB ↗
- Bosteels Geert became a director. NBB
- Lammens Noël became a director. NBB
- Solid BV became a director. NBB
- New establishment in Dendermonde. KBO
- New establishment in Wichelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 466,254 profit in 2022 to € 629,850 profit in 2025.
Paid € 487,479 in corporate taxes since 2022.
Best year ever: 2025, with € 629,850 profit.
On average € 174,000 of value added per employee in 2025.
Management
Behind LAMMENS RECYCLING are Bosteels Geert, Solid BV and Lammens Noël. The shares are held by Solid BV (100%) and Frank Lammens (0%).
Directors
According to the 2025 annual accounts
Bosteels Geert
Director
since 2019
Director · represented by Lammens Frank
Also active at: L'Abri, D.R. Warehousing, Solid Invest, Lammens Circulair
since 2015
Lammens Noël
Director
since 2019
Shareholders
100%
Frank Lammens
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bohemen 101a
9260 Wichelen
Eegene 3
9200 Dendermonde
Active since 1 January 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.924.872
- VAT number
- BE 0441.924.872
- Registered office
- Bohemen 101a, 9260 Wichelen
- Names & denominations
- LAMMENS RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 1990
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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