Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2 to 1.4.
Financials
Financial year 2025
MECHELS RECYCLING EN RENTING COMPANY from Puurs-Sint-Amands, company number BE0452108585, closed financial year 2025 with a result of € 87,717 after tax. For that financial year MECHELS RECYCLING EN RENTING COMPANY recorded a gross margin of € 431,068 and equity of € 551,447. Compared with financial year 2024, the result moved from € 202,315 to € 87,717. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 551,447
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,717
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 68,600
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 43,500 paid out
50 % of the profit went to the shareholders, mostly to GROUP OP DE BEECK-HORTI & FEED (100 % of the shares). That is where the money ends up.
People and assets in 2025
1.4
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 102,027
▼ 40% vs 2024
€ 72,900 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.
€ 196,411
▲ € 193,914 vs 2024
Of which on lease € 162,307.
Debts at end 2025
€ 1 million
▲ 146% vs 2024
€ 139,254 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 323,038
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,374
▼ 52% 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 | € 406,272 | € 296,370 | € 600,575 | € 431,068 | ▼ 28% |
| Profit after taxes | € 255,727 | € 54,816 | € 202,315 | € 87,717 | ▼ 57% |
| Equity | € 350,100 | € 404,916 | € 507,231 | € 551,447 | ▲ 9% |
| Total debts | € 1,136,060 | € 998,605 | € 1,054,631 | € 1,486,249 | ▲ 41% |
| Cash | € 251,090 | € 7,074 | € 86,910 | € 68,600 | ▼ 21% |
| Land & buildings | € 555,310 | € 599,019 | € 531,048 | € 969,531 | ▲ 83% |
| Retained profit | € 287,600 | € 342,416 | € 444,731 | € 488,947 | ▲ 10% |
| Dividend | € 100,000 | € 0 | € 100,000 | € 43,500 | ▼ 56% |
| Bank debt | € 650,472 | € 529,497 | € 408,641 | € 1,006,099 | ▲ 146% |
| Balance sheet total | € 1,486,160 | € 1,403,521 | € 1,561,862 | € 2,037,697 | ▲ 30% |
| Employees (FTE) | 2 | 2 | 1.9 | 1.4 | ▼ 0.5 |
Key figures of MECHELS RECYCLING EN RENTING COMPANY, 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 MECHELS RECYCLING EN RENTING COMPANY?
What happened at MECHELS RECYCLING EN RENTING COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PNP-PROJECTS BV stepped down as director. NBB
- Group Op De Beeck - Horti & Feed NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 87,717 (▼ 57% vs 2024). Source: NBB ↗
- PNP-PROJECTS BV became a director. NBB
- Group Op De Beeck - Horti & Feed NV became a director. NBB
- New establishment in Willebroek. KBO
- New establishment in Puurs-Sint-Amands. KBO
- Start of the company according to the CBE. KBO
In short
From € 255,727 profit in 2022 to € 87,717 profit in 2025.
Paid € 207,613 in corporate taxes since 2022.
Best year ever: 2022, with € 255,727 profit.
On average € 307,900 of value added per employee in 2025.
Management
The stake of GROUP OP DE BEECK-HORTI & FEED comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MECHELS RECYCLING EN RENTING COMPANYThe shares are held by GROUP OP DE BEECK-HORTI & FEED (100%).
Directors
According to the 2025 annual accounts
Director · represented by Peter Emmeregs
since 2023 · until 2029
Group Op De Beeck - Horti & Feed NV
Director · represented by Geert Op de Beeck
Also active at: OP DE BEECK GEERT, AGROPHIL, Logistics, BARK TERMINAL PUURS
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidstraat 5
2870 Puurs-Sint-Amands
Hoeikensstraat 60
2830 Willebroek
Active since 1 April 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0452.108.585
- VAT number
- BE 0452.108.585
- Registered office
- Nijverheidstraat 5, 2870 Puurs-Sint-Amands
- Names & denominations
- MECHELS RECYCLING EN RENTING COMPANY · MERRECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 1994
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Bouwrijp maken van terreinen
Groothandel in gereedschapswerktuigen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Groothandel in bouwmaterialen, algemeen assortiment
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Verhuur van machines en installaties voor de bouwnijverheid
Verhuur van auto's