Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LINC Recycling Company from Wielsbeke, company number BE0673948773, closed financial year 2025 with a result of € -57,287 after tax. For that financial year LINC Recycling Company recorded a gross margin of € -1,040 and equity of € 5.7 million. Compared with financial year 2024, the result moved from € 173,256 to € -57,287. 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 22, 2025.
€ 5.7 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,287
▼ still € 173,256 profit in 2024
Profit after tax over the fiscal year.
€ 1,915
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.1 million.
People and assets in 2025
€ 188
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 968,152
▼ 29% vs 2024
€ 394,643 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,624
Supplier invoices still open on the last day of the fiscal year.
€ 52,750
▲ 74% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -25,086 | € 410,702 | € 100,966 | € -1,040 | ▼ € 102,006 |
| Profit after taxes | € -105,519 | € 354,392 | € 173,256 | € -57,287 | ▼ € 230,543 |
| Equity | € 5,231,725 | € 5,586,118 | € 5,759,373 | € 5,702,086 | ▼ 1% |
| Total debts | € 3,810,756 | € 3,733,092 | € 3,228,337 | € 3,285,289 | ▲ 2% |
| Cash | € 146,086 | € 171,964 | € 18,131 | € 1,915 | ▼ 89% |
| Retained profit | € 3,650,475 | € 4,004,868 | € 4,178,123 | € 4,120,836 | ▼ 1% |
| Bank debt | € 2,535,342 | € 1,732,845 | € 1,354,566 | € 968,152 | ▼ 29% |
| Balance sheet total | € 9,042,481 | € 9,319,210 | € 8,987,710 | € 8,987,375 |
Key figures of LINC Recycling Company, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
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 2025: loss of € 57,287 (▼ € 230,543 vs 2024). 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 € 105,519 loss in 2021 to € 57,287 loss in 2025.
Best year ever: 2023, with € 354,392 profit.
A new publication or filing at LINC Recycling Company? 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 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 2025 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
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
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