Financials
Financial year 2025
KRECO from Lanaken, company number BE0442441447, closed financial year 2025 with a result of € 327,902 after tax. For that financial year KRECO recorded a gross margin of € 774,789 and equity of € 1 million. Compared with financial year 2024, the result moved from € 146,204 to € 327,902. 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 September 29, 2026.
€ 1 million
▲ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 327,902
▲ 124% vs 2024
Profit after tax over the fiscal year.
€ 430,889
▲ 182% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 949,429.
People and assets in 2025
1.8
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 167,742
▲ 149% vs 2024
€ 93,200 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.
€ 20,429
▲ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 556,444
€ 65,337 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 852,251
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,390
▼ 68% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 320,199 | € 206,277 | € 509,015 | € 774,789 | ▲ 52% |
| Profit after taxes | € 251,587 | € 1,212 | € 146,204 | € 327,902 | ▲ 124% |
| Equity | € 536,111 | € 537,323 | € 683,527 | € 1,011,429 | ▲ 48% |
| Total debts | € 1,942,307 | € 1,545,835 | € 1,235,318 | € 1,445,895 | ▲ 17% |
| Cash | € 640,243 | € 170,859 | € 152,584 | € 430,889 | ▲ 182% |
| Retained profit | € 474,111 | € 475,323 | € 621,527 | € 949,429 | ▲ 53% |
| Bank debt | € 721,183 | € 610,377 | € 556,760 | € 556,444 | |
| Balance sheet total | € 3,441,594 | € 2,995,890 | € 2,949,980 | € 3,512,217 | ▲ 19% |
| Employees (FTE) | 1 | 1.3 | 1.1 | 1.8 | ▲ 0.7 |
Key figures of KRECO, 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 KRECO?
What happened at KRECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 327,902 (▲ 124% vs 2024). filed late Source: NBB ↗
- New establishment in Oupeye. KBO
- Start of the company according to the CBE. KBO
In short
From € 251,587 profit in 2022 to € 327,902 profit in 2025.
Paid € 205,206 in corporate taxes since 2022.
Best year ever: 2025, with € 327,902 profit.
On average € 430,400 of value added per employee in 2025.
Management
The stake of TERMATAL HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KRECOBehind KRECO is TERMATAL HOLDING NV. The shares are held by TERMATAL HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Marc Schreinemacher
Also active at: IMMOHAC, KRECO SORTING AND REFINING, ENTREPRISES GENERALES HACCOURT
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heirbaan 65
3620 Lanaken
Rue d'Eben 1
4684 Oupeye
Active since 20 December 2002
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
Google Workspace
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
DNS
Google Cloud DNS
Domain
Domain
kr.eco
Registered
2020-01-09
Registrar
Squarespace Domains II LLC
Expires
2027-01-09
Website info
Features
Security
Network
Details
- Company number
- 0442.441.447
- VAT number
- BE 0442.441.447
- Registered office
- Heirbaan 65, 3620 Lanaken
- Names & denominations
- KRECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 1990
- Peppol
- Active · Active since 4 Dec 2025
- Contact
- kr.eco
- Activities · NACE
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