Warning lights
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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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
LINC Recycling Company from Wielsbeke, company number BE0673948773, closed financial year 2026 with a result of € -60,841 after tax. For that financial year LINC Recycling Company recorded a gross margin of € -3,772 and equity of € 5.6 million. Compared with financial year 2025, the result moved from € -57,287 to € -60,841. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 5.6 million
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,841
▼ 6 % more loss than in 2025
Profit after tax over the fiscal year.
€ 428
▼ 78% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.1 million.
Debts at end 2026
€ 573,510
▼ 41% vs 2025
€ 403,046 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 2,730
▲ 68% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 410,702 | € 100,966 | € -1,040 | € -3,772 | ▼ € 2,732 |
| Profit after taxes | € 354,392 | € 173,256 | € -57,287 | € -60,841 | ▼ € 3,554 |
| Equity | € 5,586,118 | € 5,759,373 | € 5,702,086 | € 5,641,245 | ▼ 1% |
| Total debts | € 3,733,092 | € 3,228,337 | € 3,285,289 | € 3,364,473 | ▲ 2% |
| Cash | € 171,964 | € 18,131 | € 1,915 | € 428 | ▼ 78% |
| Retained profit | € 4,004,868 | € 4,178,123 | € 4,120,836 | € 4,059,995 | ▼ 1% |
| Bank debt | € 1,732,845 | € 1,354,566 | € 968,152 | € 573,510 | ▼ 41% |
| Balance sheet total | € 9,319,210 | € 8,987,710 | € 8,987,375 | € 9,005,718 |
Key figures of LINC Recycling Company, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to LINC Recycling Company?
What happened at LINC Recycling Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alanga BV stepped down as director. NBB
- Alea Trading BV stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 60,841. Source: NBB ↗
- Alanga BV became a director. NBB
- Alea Trading BV became a director. NBB
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 354,392 profit in 2023 to € 60,841 loss in 2026.
Best year ever: 2023, with € 354,392 profit.
Management
The stake of Eurasiacorp comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LINC Recycling CompanyThe shares are held by Eurasiacorp (100%). It owns 100% of Fimeva NV and 33% of Matco Plastics itself.
Directors
According to the 2026 annual accounts
Managing director · represented by Emmanuel Hanet
Also active at: FIMEVA TRADING, MATCO PLASTICS, HENGE BELGIUM, Eurasiacorp
since 2022 · until 2028
Director · represented by Cédric Conchilla
Also active at: FIMEVA TRADING, MATCO PLASTICS, Eurasiacorp
since 2022 · until 2028
Shareholders
100%
Participations
100%
33%
Establishments
Establishment units
Physical locations of this company
Vaartstraat 50
8710 Wielsbeke
Rijksweg 400
8710 Wielsbeke
Active since 6 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0673.948.773
- VAT number
- BE 0673.948.773
- Registered office
- Vaartstraat 50, 8710 Wielsbeke
- Names & denominations
- LINC Recycling Company · LRC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 2017
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Activiteiten van holdings
Holdings
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