Financials
Financial year 2025
COPROBEL from Wielsbeke, company number BE0443861211, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year COPROBEL recorded a gross margin of € 2.3 million and equity of € 7.3 million. Compared with financial year 2024, the result moved from € 4.3 million to € 2.2 million. The company is profitable. 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 July 1, 2026.
€ 7.3 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.2 million
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
91 % of the profit went to the shareholders, mostly to KEVAREL (100 % of the shares). That is where the money ends up.
People and assets in 2025
2.2
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 298,880
▼ 18% vs 2024
€ 135,900 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 132,309
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,898
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,271,215 | € 2,077,774 | € 1,738,385 | € 2,304,208 | ▲ 33% |
| Profit after taxes | € 2,201,159 | € 3,493,731 | € 4,278,817 | € 2,200,998 | ▼ 49% |
| Equity | € 5,821,469 | € 6,015,200 | € 7,144,017 | € 7,345,014 | ▲ 3% |
| Total debts | € 5,028,858 | € 3,821,456 | € 3,363,792 | € 2,197,207 | ▼ 35% |
| Cash | € 1,104,350 | € 667,336 | € 1,409,631 | € 1,141,081 | ▼ 19% |
| Land & buildings | € 776,055 | € 750,601 | € 725,146 | € 699,692 | ▼ 4% |
| Retained profit | € 2,571,469 | € 2,765,200 | € 3,894,017 | € 4,095,014 | ▲ 5% |
| Dividend | € 4,890,000 | € 3,300,000 | € 3,150,000 | € 2,000,000 | ▼ 37% |
| Balance sheet total | € 10,850,327 | € 9,836,656 | € 10,507,809 | € 9,542,222 | ▼ 9% |
| Employees (FTE) | 1.7 | 2.2 | 2.7 | 2.2 | ▼ 0.5 |
Key figures of COPROBEL, 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 COPROBEL?
What happened at COPROBEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ELVEMA BV stepped down as director. NBB
- KEVAREL BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.2 million (▼ 49% vs 2024). Source: NBB ↗
- ELVEMA BV became a director. NBB
- KEVAREL BV became a director. NBB
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.2 million profit in 2022 to € 2.2 million profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2024, with € 4.3 million profit.
On average € 1 million of value added per employee in 2025.
Management
The stake of KEVAREL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COPROBELThe shares are held by KEVAREL (100%). It owns 100% of Oilcotrans and 100% of Recyc-Oil itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Managing director · represented by Bernard Vandaele
since 2023 · until 2029
Shareholders
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Molenstraat 209
8710 Wielsbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0443.861.211
- VAT number
- BE 0443.861.211
- Registered office
- Molenstraat 209, 8710 Wielsbeke
- Names & denominations
- COPROBEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 1991
- Peppol
- Active · Active since 10 Nov 2025
- Contact
- recyc-oil.be
- Activities · NACE
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