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 49 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
SCRAP METAL SERVICES BELGIUM from Genk, company number BE0695903437, closed financial year 2024 with a result of € 365,579 after tax. For that financial year SCRAP METAL SERVICES BELGIUM recorded revenue of € 8 million and equity of € 2 million. Compared with financial year 2023, the result moved from € -532,591 to € 365,579. 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 24, 2025.
€ 2 million
▲ 23% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 365,579
▲ still € 532,591 loss in 2023
Profit after tax over the fiscal year.
€ 341,671
▼ 44% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -68,404.
People and assets in 2024
52.4
Average over the fiscal year, from the social balance sheet.
€ 3.8 million
▲ 16% vs 2023
€ 73,200 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.
€ 2.8 million
▼ 13% vs 2023
Of which on lease € 2.8 million.
Debts at end 2024
€ 2.2 million
▼ 20% vs 2023
€ 651,691 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.2 million
▼ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 142 days on average.
€ 540,157
▲ 53% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 6,524,317 | € 7,102,729 | € 6,403,561 | € 8,025,563 | ▲ 25% |
| Profit after taxes | € -188,391 | € 241,013 | € -532,591 | € 365,579 | ▲ € 898,170 |
| Equity | € -122,405 | € 2,118,608 | € 1,586,017 | € 1,951,596 | ▲ 23% |
| Total debts | € 7,400,138 | € 5,259,479 | € 4,857,274 | € 5,179,583 | ▲ 7% |
| Cash | € 451,257 | € 548,785 | € 613,715 | € 341,671 | ▼ 44% |
| Retained profit | € -142,405 | € 98,608 | € -433,983 | € -68,404 | ▲ € 365,579 |
| Bank debt | € 6,039,935 | € 3,674,407 | € 2,715,324 | € 2,168,194 | ▼ 20% |
| Balance sheet total | € 7,277,734 | € 7,378,087 | € 6,443,291 | € 7,131,179 | ▲ 11% |
| Employees (FTE) | 51.2 | 51.8 | 52.4 | 52.4 |
Key figures of SCRAP METAL SERVICES BELGIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SCRAP METAL SERVICES BELGIUM?
What happened at SCRAP METAL SERVICES BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 365,579. Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 188,391 loss in 2021 to € 365,579 profit in 2024.
Paid € 249,502 in corporate taxes since 2021.
Best year ever: 2024, with € 365,579 profit.
Pays suppliers within 142 days on average.
A new publication or filing at SCRAP METAL SERVICES BELGIUM? 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
Behind SCRAP METAL SERVICES BELGIUM are Richard Alan Gertler, Jeremy Kirchin and Jeffrey Keith Gertler.
Directors
According to the 2024 annual accounts
Richard Alan Gertler
Director
Jeremy Kirchin
Director
Jeffrey Keith Gertler
Director
Establishments
Establishment units
Physical locations of this company
Swinnenwijerweg 5a
3600 Genk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0695.903.437
- VAT number
- BE 0695.903.437
- Registered office
- Swinnenwijerweg 5a, 3600 Genk
- Names & denominations
- SCRAP METAL SERVICES BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 2018
- Peppol
- Active · Active since 9 Jan 2026
- Contact
- aperamgenk.be
- Activities · NACE
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