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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Metalrecycling & Cars from Gent, company number BE0716786052, closed financial year 2025 with a result of € 153,868 after tax. For that financial year Metalrecycling & Cars recorded a gross margin of € 509,638 and equity of € 589,328. Compared with financial year 2024, the result moved from € 125,347 to € 153,868. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 17, 2026.
€ 589,328
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153,868
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 136,607
▲ € 118,648 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 281,012 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
3.2
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 138,840
▲ 5% vs 2024
€ 43,400 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.
€ 411,146
▲ 9% vs 2024
Of which on lease € 349,788.
Debts at end 2025
€ 498,814
▲ 28% vs 2024
€ 125,412 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 385,030
▲ € 333,033 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 124,857
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 522,171 | € 427,785 | € 486,730 | € 509,638 | ▲ 5% |
| Profit after taxes | € 262,414 | € 136,264 | € 125,347 | € 153,868 | ▲ 23% |
| Equity | € 442,461 | € 591,125 | € 716,472 | € 589,328 | ▼ 18% |
| Total debts | € 426,397 | € 745,619 | € 1,107,772 | € 1,393,135 | ▲ 26% |
| Cash | € 14,894 | € 13,692 | € 17,959 | € 136,607 | ▲ € 118,648 |
| Land & buildings | € 103,744 | € 101,497 | € 112,304 | € 108,612 | ▼ 3% |
| Retained profit | € 436,261 | € 572,525 | € 697,872 | € 570,728 | ▼ 18% |
| Dividend | € 0 | € 0 | € 0 | € 281,012 | |
| Bank debt | € 96,275 | € 244,351 | € 388,409 | € 498,814 | ▲ 28% |
| Balance sheet total | € 868,858 | € 1,336,743 | € 1,824,244 | € 1,982,463 | ▲ 9% |
| Employees (FTE) | 1.7 | 2 | 3.4 | 3.2 | ▼ 0.2 |
Key figures of Metalrecycling & Cars, 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 Metalrecycling & Cars?
What happened at Metalrecycling & Cars in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 153,868 (▲ 23% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 262,414 profit in 2022 to € 153,868 profit in 2025.
Paid € 242,889 in corporate taxes since 2022.
Best year ever: 2022, with € 262,414 profit.
On average € 159,300 of value added per employee in 2025.
Management
Behind Metalrecycling & Cars is Ilias Boey.
Directors
According to the 2025 annual accounts
Ilias Boey
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Evenstuk 15
9042 Gent
Desteldonkstraat 11
9042 Gent
Active since 1 February 2024
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
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0716.786.052
- VAT number
- BE 0716.786.052
- Registered office
- Evenstuk 15, 9042 Gent
- Names & denominations
- Metalrecycling & Cars
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2018
- Peppol
- Active · Active since 7 Jan 2025
- Contact
- metalen-boey.be 0488 21 57 19
- Activities · NACE
Groothandel in ijzer- en staalschroot en in oude non-ferrometalen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)