Financials
Financial year 2025
Shred-it Belgium from Vorst, company number BE0463036725, closed financial year 2025 with a result of € 498,724 after tax. For that financial year Shred-it Belgium recorded a gross margin of € 1.7 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 672,900 to € 498,724. 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 June 30, 2026.
€ 1.6 million
▲ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 498,724
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 91% 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 € 1.3 million.
People and assets in 2025
11.2
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 823,062
▲ 9% vs 2024
€ 73,500 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.
€ 368,224
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,925
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 206,287
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,720,440 | € 1,767,066 | € 1,622,368 | € 1,743,107 | ▲ 7% |
| Profit after taxes | € 716,130 | € 953,408 | € 672,900 | € 498,724 | ▼ 26% |
| Equity | € 6,649,844 | € 7,603,252 | € 1,105,153 | € 1,603,877 | ▲ 45% |
| Total debts | € 693,550 | € 389,891 | € 485,378 | € 549,691 | ▲ 13% |
| Cash | € 251,088 | € 249,873 | € 782,190 | € 1,497,071 | ▲ 91% |
| Retained profit | € 6,370,205 | € 7,323,614 | € 825,514 | € 1,324,238 | ▲ 60% |
| Dividend | € 0 | € 0 | € 7,171,000 | € 0 | ▼ 100% |
| Balance sheet total | € 7,488,962 | € 8,138,588 | € 1,735,976 | € 2,299,013 | ▲ 32% |
| Employees (FTE) | 12.2 | 10.9 | 9.2 | 11.2 | ▲ 2 |
Key figures of Shred-it Belgium, 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 Shred-it Belgium?
What happened at Shred-it Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TOBY BLACK stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 498,724 (▼ 26% vs 2024). Source: NBB ↗
- Tugrul Yildirim became a director. NBB
- TOBY BLACK became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Vorst. KBO
In short
From € 716,130 profit in 2022 to € 498,724 profit in 2025.
Paid € 986,888 in corporate taxes since 2022.
Best year ever: 2023, with € 953,408 profit.
On average € 155,600 of value added per employee in 2025.
A new publication or filing at Shred-it Belgium? We notify you, reason included.
Follow Shred-it BelgiumDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind Shred-it Belgium is Tugrul Yildirim.
Directors
According to the 2025 annual accounts
Tugrul Yildirim
Personne déléguée à la gestion journalière
since 2026
TOBY BLACK
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Bollinckxstraat 310
1190 Vorst
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
Self-hosted
Hosting
FASTLY - Fastly, Inc., US
DNS
AWS Route 53
Website info
Features
Security
Network
Details
- Company number
- 0463.036.725
- VAT number
- BE 0463.036.725
- Registered office
- Bollinckxstraat 310, 1190 Vorst
- Names & denominations
- Shred-it Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 1998
- Peppol
- Active · Active since 23 Dec 2025
- Contact
- shredit.be
- Activities · NACE
Terugwinning van materialen uit afval
Recycling van niet-metaalafval
Terugwinning van inerte afvalstoffen