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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2022, 2024.
Financials
Financial year 2025
MIREC Recycling from Sint-Niklaas, company number BE0466198430, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year MIREC Recycling recorded revenue of € 16.2 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 680,691 to € 1.1 million. 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 July 14, 2026.
€ 4.9 million
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 60% vs 2024
Profit after tax over the fiscal year.
€ 22,811
▼ 90% 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 € 4.9 million.
People and assets in 2025
21.7
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 3% vs 2024
€ 78,100 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.
€ 103,348
▲ 11% 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.
€ 1.4 million
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 454,836
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,123,589 | € 12,003,920 | € 13,360,984 | € 16,151,846 | ▲ 21% |
| Profit after taxes | € 574,950 | € 328,108 | € 680,691 | € 1,085,756 | ▲ 60% |
| Equity | € 2,829,034 | € 3,157,142 | € 3,837,833 | € 4,923,589 | ▲ 28% |
| Total debts | € 4,385,519 | € 3,222,788 | € 4,059,236 | € 2,296,528 | ▼ 43% |
| Cash | € 147,645 | € 132 | € 228,284 | € 22,811 | ▼ 90% |
| Land & buildings | € 4,348,432 | € 4,244,272 | € 4,169,468 | € 4,094,664 | ▼ 2% |
| Retained profit | € 2,767,034 | € 3,095,142 | € 3,775,833 | € 4,861,589 | ▲ 29% |
| Bank debt | € 0 | € 0 | € 143,602 | € 0 | ▼ 100% |
| Balance sheet total | € 7,214,553 | € 6,379,930 | € 7,897,069 | € 7,220,117 | ▼ 9% |
| Employees (FTE) | 22 | 20.6 | 22.6 | 21.7 | ▼ 0.9 |
Key figures of MIREC 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 MIREC Recycling?
What happened at MIREC Recycling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mirec BV stepped down as director. NBB
- MIREC B.V. stepped down as director. NBB
- Manu Palmans stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 60% vs 2024). Source: NBB ↗
- Mirec BV became a director. NBB
- MIREC B.V. became a director. NBB
- Manu Palmans became a director. NBB
- New establishment in Sint-Niklaas. KBO
In short
From € 574,950 profit in 2022 to € 1.1 million profit in 2025.
Paid € 995,975 in corporate taxes since 2022.
Best year ever: 2025, with € 1.1 million profit.
Pays suppliers within 43 days on average.
A new publication or filing at MIREC Recycling? We notify you, reason included.
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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 shares are held by Mirec BV (99%) and TSR Recycling Holding GmbH (1%).
Directors
According to the 2025 annual accounts
Mirec BV
Managing director · represented by Ibrahim Bayram
since 2025 · until 2031
MIREC B.V.
Managing director · represented by Sebastiaan Meijs
since 2025 · until 2031
Manu Palmans
Managing director
since 2020 · until 2031
Shareholders
Mirec BV
99%
TSR Recycling Holding GmbH
1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Europark-Noord 32
9100 Sint-Niklaas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.198.430
- VAT number
- BE 0466.198.430
- Registered office
- Europark-Noord 32, 9100 Sint-Niklaas
- Names & denominations
- MIREC Recycling
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 1999
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
Terugwinning van materialen uit afval
Recycling van metaalafval
Recycling van niet-metaalafval
Terugwinning van metaalafval
Terugwinning van inerte afvalstoffen