Financials
Financial year 2025
GOVAERTS RECYCLING from Alken, company number BE0464130449, closed financial year 2025 with a result of € 1 million after tax. For that financial year GOVAERTS RECYCLING recorded revenue of € 15.1 million and equity of € 5.4 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1 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 16, 2026.
€ 5.4 million
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 907,769
▲ 86% 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 € 5.1 million.
People and assets in 2025
29
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 3% vs 2024
€ 82,600 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.
€ 79,683
▲ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 290% vs 2024
Loans from banks and other lenders, long and short.
€ 1.2 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 546,789
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,755,491 | € 15,269,560 | € 15,457,624 | € 15,135,240 | ▼ 2% |
| Profit after taxes | € 1,996,766 | € 518,019 | € 1,213,842 | € 1,038,408 | ▼ 14% |
| Equity | € 11,402,418 | € 11,879,029 | € 4,337,823 | € 5,363,835 | ▲ 24% |
| Total debts | € 4,777,132 | € 4,061,493 | € 8,356,240 | € 2,989,648 | ▼ 64% |
| Cash | € 4,698,473 | € 5,834,970 | € 488,118 | € 907,769 | ▲ 86% |
| Land & buildings | € 60,102 | € 104,955 | € 103,560 | € 97,170 | ▼ 6% |
| Retained profit | € 11,054,816 | € 11,572,835 | € 4,076,677 | € 5,115,086 | ▲ 25% |
| Dividend | € 0 | € 0 | € 8,710,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 279,785 | € 1,090,476 | ▲ 290% |
| Balance sheet total | € 16,241,626 | € 16,005,199 | € 12,711,306 | € 8,596,739 | ▼ 32% |
| Employees (FTE) | 29.2 | 26.7 | 28.1 | 29 | ▲ 0.9 |
Key figures of GOVAERTS 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 GOVAERTS RECYCLING?
What happened at GOVAERTS RECYCLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- UNO Invest BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million (▼ 14% vs 2024). Source: NBB ↗
- UNO Invest BV became a director. NBB
- New establishment in Alken. KBO
- Start of the company according to the CBE. KBO
In short
From € 2 million profit in 2022 to € 1 million profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 2 million profit.
Paid out € 8.7 million in dividends to the owners in total.
Management
The stake of GOVAERTS HOLDING, GOVAERTS INDUSTRIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GOVAERTS RECYCLINGThe shares are held by GOVAERTS HOLDING (100%) and GOVAERTS INDUSTRIES (0%).
Directors
According to the 2025 annual accounts
Director · represented by Wouter Uten
Also active at: GOVAERTS INDUSTRIES, GOVAERTS HOLDING, Gova Technics
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kolmenstraat 1324
3570 Alken
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
- 0464.130.449
- VAT number
- BE 0464.130.449
- Registered office
- Kolmenstraat 1324, 3570 Alken
- Names & denominations
- GOVAERTS RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 1998
- Peppol
- Active · Active since 10 Oct 2025
- Activities · NACE
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