Financials
Financial year 2025
GILGEMYN RECYCLING from Wevelgem, company number BE0457302936, closed financial year 2025 with a result of € 814,521 after tax. For that financial year GILGEMYN RECYCLING recorded revenue of € 11.4 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 291,228 to € 814,521. 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 August 18, 2026.
€ 2.4 million
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 814,521
▲ 180% vs 2024
Profit after tax over the fiscal year.
€ 99,091
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
37 % of the profit went to the shareholders, mostly to GILGEMYN HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 66,221
▲ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 82,954
▼ 55% vs 2024
Of which on lease € 34,200.
Debts at end 2025
€ 1.3 million
▲ 25% vs 2024
€ 318,030 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2 million
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 75 days on average.
€ 106,072
▲ 180% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 9,815,313 | € 12,255,063 | € 11,357,501 | ▼ 7% |
| Gross margin | € 2,207,071 | - | - | - | |
| Profit after taxes | € 1,223,633 | € 536,661 | € 291,228 | € 814,521 | ▲ 180% |
| Equity | € 1,928,013 | € 2,214,674 | € 1,905,901 | € 2,420,423 | ▲ 27% |
| Total debts | € 4,191,491 | € 3,975,020 | € 4,660,899 | € 3,754,295 | ▼ 19% |
| Cash | € 1,351,367 | € 46,871 | € 194,044 | € 99,091 | ▼ 49% |
| Land & buildings | € 1,439,847 | € 1,222,899 | € 1,029,311 | € 1,063,628 | ▲ 3% |
| Retained profit | € 1,728,013 | € 2,014,674 | € 1,705,901 | € 2,220,423 | ▲ 30% |
| Dividend | € 600,000 | € 250,000 | € 600,000 | € 300,000 | ▼ 50% |
| Bank debt | € 1,942,871 | € 1,706,436 | € 1,039,596 | € 1,302,960 | ▲ 25% |
| Balance sheet total | € 6,225,584 | € 6,192,908 | € 6,567,150 | € 6,174,718 | ▼ 6% |
| Employees (FTE) | 1.5 | 1.1 | 0.8 | 0.8 |
Key figures of GILGEMYN 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 31 July 2027.
What happened to GILGEMYN RECYCLING?
What happened at GILGEMYN 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 € 814,521 (▲ 180% vs 2024). filed late Source: NBB ↗
- Gil-max BV became a director. NBB
- Cartanova BV became a director. NBB
- Gilgemyn Holding BV became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2022 to € 814,521 profit in 2025.
Paid € 488,970 in corporate taxes since 2022.
Best year ever: 2022, with € 1.2 million profit.
On average € 1.5 million of value added per employee in 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GILGEMYN HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GILGEMYN RECYCLINGBehind GILGEMYN RECYCLING are Gil-max BV, Cartanova BV and Gilgemyn Holding BV. The shares are held by GILGEMYN HOLDING (99.9%).
Directors
According to the 2025 annual accounts
Director · represented by Gilgemyn Maxim
since 2025
Director · represented by Gilgemyn Emma
since 2025
Managing director · represented by Gilgemyn Wim
Also active at: Gilgemyn Logistics
since 2023
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 40
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →GILGEMYN RECYCLING-INVEST-LOGISTICS-PROJECTS
GILGEMYN HOLDING same network
€ 210,654 gross margin · 2025
GILGEMYN ESTATES
€ 241,539 gross margin · 2025
Gilgemyn Logistics same network
€ 1.7 million gross margin · 2025
GIL-MAX same network
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.302.936
- VAT number
- BE 0457.302.936
- Registered office
- Nijverheidslaan 40, 8560 Wevelgem
- Names & denominations
- GILGEMYN RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 1996
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Groothandel in ijzer- en staalschroot en in oude non-ferrometalen
Groothandel in afval en schroot
Groothandel in andere intermediaire producten, neg
Groothandel in andere intermediaire producten, n.e.g.
Verhuur van overige transportmiddelen voor vervoer te land
Goederenvervoer over de weg
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Verhuur en lease van vrachtwagens
+2