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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G-FORCE RECYCLING from Gistel, company number BE0715709748, closed financial year 2025 with a result of € -3,041 after tax. For that financial year G-FORCE RECYCLING recorded a gross margin of € 1,983 and equity of € -40,227. Compared with financial year 2024, the result moved from € 1,056 to € -3,041. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -40,227
▼ € 3,041 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,041
▼ still € 1,056 profit in 2024
Profit after tax over the fiscal year.
€ 484
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -60,227.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 17
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,059 | € 6,018 | € 5,303 | € 1,983 | ▼ 63% |
| Profit after taxes | € -6,207 | € 1,838 | € 1,056 | € -3,041 | ▼ € 4,096 |
| Equity | € -40,080 | € -38,242 | € -37,187 | € -40,227 | ▼ € 3,041 |
| Total debts | € 64,393 | € 63,217 | € 59,328 | € 69,354 | ▲ 17% |
| Cash | € 584 | € 2,311 | € 452 | € 484 | ▲ 7% |
| Retained profit | € -60,080 | € -58,242 | € -57,187 | € -60,227 | ▼ € 3,041 |
| Balance sheet total | € 24,313 | € 24,974 | € 22,142 | € 29,127 | ▲ 32% |
Key figures of G-FORCE 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 G-FORCE RECYCLING?
What happened at G-FORCE RECYCLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,041 (▼ € 4,096 vs 2024). filed late Source: NBB ↗
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
- Leendert Gerrits became a director. NBB
- Ken Vanden Broele became a director. NBB
In short
From € 6,207 loss in 2022 to € 3,041 loss in 2025.
Best year ever: 2023, with € 1,838 profit.
Management
Behind G-FORCE RECYCLING are Leendert Gerrits and Ken Vanden Broele. The same people are also behind WASTE MANAGEMENT. Ken Vanden Broele is also behind TWINS, VDB Recycling and CIRCULAR COMPANY VDB.
Directors
According to the 2025 annual accounts
since 2018
Ken Vanden Broele
Director
Also active at: TWINS, WASTE MANAGEMENT, VDB Recycling, CIRCULAR COMPANY VDB
since 2018
Establishments
Establishment units
Physical locations of this company
Leegstraat 50
8470 Gistel
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
- 0715.709.748
- VAT number
- BE 0715.709.748
- Registered office
- Leegstraat 50, 8470 Gistel
- Names & denominations
- G-FORCE RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2018
- Peppol
- Active · Active since 23 Oct 2025
- Activities · NACE
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