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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.
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Busy address KBO
103 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PSR from Aalst, company number BE0476155776, closed financial year 2025 with a result of € 932,532 after tax. For that financial year PSR recorded revenue of € 2.2 million and equity of € 33.6 million. Compared with financial year 2024, the result moved from € -627,487 to € 932,532. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 33.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 932,532
▲ still € 627,487 loss in 2024
Profit after tax over the fiscal year.
€ 3.6 million
▲ € 3.5 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 750,000 paid out
80 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3.5
Average over the fiscal year, from the social balance sheet.
€ 475,903
▼ 19% vs 2024
€ 136,000 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.
€ 98,437
▲ 78% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 538,729
Loans from banks and other lenders, long and short.
€ 453,286
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 83,827
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,027,085 | € 5,868,257 | € 595,053 | € 2,213,899 | ▲ 272% |
| Profit after taxes | € 2,031,218 | € 2,238,635 | € -627,487 | € 932,532 | ▲ € 1.6 million |
| Equity | € 33,212,169 | € 34,050,804 | € 33,423,360 | € 33,605,892 | ▲ 1% |
| Total debts | € 9,662,572 | € 15,367,797 | € 41,474,973 | € 108,147,043 | ▲ 161% |
| Cash | € 3,455,963 | € 208,474 | € 109,695 | € 3,586,102 | ▲ € 3.5 million |
| Retained profit | € 3,212,169 | € 4,050,804 | € 3,423,360 | € 3,605,892 | ▲ 5% |
| Dividend | € 1,200,000 | € 1,400,000 | € 0 | € 750,000 | |
| Bank debt | € 0 | € 0 | € 0 | € 538,729 | |
| Balance sheet total | € 42,981,240 | € 49,439,861 | € 74,919,593 | € 142,134,436 | ▲ 90% |
| Employees (FTE) | 3.8 | 3.8 | 3.5 | 3.5 |
Key figures of PSR, 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 PSR?
What happened at PSR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Lievens stepped down as director. NBB
- JDN BV stepped down as director. NBB
- Jan De Nul NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 932,532. Source: NBB ↗
- JDN BV became a director. NBB
- Paul Lievens became a director. NBB
- Jan De Nul NV became a director. NBB
- New establishment in Aalst. KBO
In short
From € 2 million profit in 2022 to € 932,532 profit in 2025.
Paid € 66,403 in corporate taxes since 2022.
Best year ever: 2023, with € 2.2 million profit.
Paid out € 3.4 million in dividends to the owners in total.
Management
It owns 100% of Socaré BV, 100% of Denderoever NV, 100% of PSR 1830.01 NV, 100% of Denderoever Properties II NV, 100% of Lambrechts NV and 100% of Socaré Offices BV itself.
Directors
According to the 2025 annual accounts
Paul Lievens
Director
Also active at: Lummerzheim & Co, Jan De Nul, Jan De Nul Dredging, MEST EN AFVALVERWERKING, Envisan, Vlaamse Bagger Maatschappij, SCK INVEST, Meurop 2020 +13 more
since 2025 · until 2031
Managing director · represented by Julie De Nul
Also active at: DOCK-SITE, Lummerzheim & Co, LAMBRECHTS, Algemene Ondernemingen Soetaert, Jan De Nul, Jan De Nul Dredging, Envisan, Vlaamse Bagger Maatschappij +17 more
since 2026 · until 2031
Managing director · represented by Jan Pieter Jozef De Nul
Also active at: DOCK-SITE, Lummerzheim & Co, LAMBRECHTS, Algemene Ondernemingen Soetaert, VZW EMBUILD OOST-VLAANDEREN - Algemene Aannemers, Jan De Nul Dredging, MEST EN AFVALVERWERKING, Envisan +19 more
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Tragel 60
9308 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 103 companies are registered at this address.
All companies at this address →DOCK-SITE same network
€ 1.5 million gross margin · 2025
Lummerzheim & Co same network
€ 4.5 million gross margin · 2025
LAMBRECHTS same network
€ -5,255 gross margin · 2025
Jan De Nul same network
€ 1.7 billion revenue · 2025
Jan De Nul Dredging same network
€ 70.4 million revenue · 2025
+98 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
- 0476.155.776
- VAT number
- BE 0476.155.776
- Registered office
- Tragel 60, 9308 Aalst
- Names & denominations
- PSR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 2001
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Andere afvalverwijdering
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Holdings
Overige verwerking en verwijdering van ongevaarlijk afval