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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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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VEURNS RECYCLAGE BEDRIJF from Tielt, company number BE0759526232, closed financial year 2025 with a result of € 163,925 after tax. For that financial year VEURNS RECYCLAGE BEDRIJF recorded a gross margin of € 869,768 and equity of € 809,918. Compared with financial year 2024, the result moved from € 423,574 to € 163,925. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 809,918
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 163,925
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 185,662
▲ 263% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 409,918.
People and assets in 2025
3
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 209,564
▲ 44% vs 2024
€ 69,900 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.
€ 142,462
▼ 32% vs 2024
Of which on lease € 135,176.
Debts at end 2025
€ 3.5 million
▼ 8% vs 2024
€ 312,167 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 145,312
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,173
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,088 | € 485,655 | € 959,210 | € 869,768 | ▼ 9% |
| Profit after taxes | € -68,159 | € 261,503 | € 423,574 | € 163,925 | ▼ 61% |
| Equity | € 85,916 | € 347,419 | € 645,993 | € 809,918 | ▲ 25% |
| Total debts | € 4,243,472 | € 6,038,647 | € 5,465,484 | € 5,071,662 | ▼ 7% |
| Cash | € 512,342 | € 82,248 | € 51,178 | € 185,662 | ▲ 263% |
| Land & buildings | € 728,287 | € 4,072,014 | € 3,987,504 | € 4,076,992 | ▲ 2% |
| Retained profit | € -314,084 | € -52,581 | € 245,993 | € 409,918 | ▲ 67% |
| Dividend | € 0 | € 0 | € 125,000 | € 0 | ▼ 100% |
| Bank debt | € 3,111,278 | € 3,112,603 | € 3,823,567 | € 3,514,266 | ▼ 8% |
| Balance sheet total | € 4,329,387 | € 6,386,065 | € 6,111,477 | € 5,881,581 | ▼ 4% |
| Employees (FTE) | - | 0.1 | 1.8 | 3 | ▲ 1.2 |
Key figures of VEURNS RECYCLAGE BEDRIJF, 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 VEURNS RECYCLAGE BEDRIJF?
What happened at VEURNS RECYCLAGE BEDRIJF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 163,925 (▼ 61% vs 2024). Source: NBB ↗
- New establishment in Veurne. KBO
- Daniel Seru en Zonen BV became a director. NBB
- MOVAREC BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 68,159 loss in 2022 to € 163,925 profit in 2025.
Paid € 49,633 in corporate taxes since 2022.
Best year ever: 2024, with € 423,574 profit.
On average € 289,900 of value added per employee in 2025.
A new publication or filing at VEURNS RECYCLAGE BEDRIJF? 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 Movarec, DANIEL SERU EN ZONEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VEURNS RECYCLAGE BEDRIJFBehind VEURNS RECYCLAGE BEDRIJF are Daniel Seru en Zonen BV and MOVAREC BV. The shares are held by Movarec (50%) and DANIEL SERU EN ZONEN (50%).
Directors
According to the 2025 annual accounts
Director · represented by Guy Seru
since 2020
Director · represented by Dries Vuylsteke
since 2020
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Steenovenstraat 98
8760 Tielt
Monnikshoekstraat x
8630 Veurne
Active since 7 December 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →WEGENBOUW IVAN VUYLSTEKE
€ 30.9 million revenue · 2025
MONSERÉ SLOOP- EN GRONDWERKEN
€ 1 million gross margin · 2025
SRW GROEP
SRW HOLDING
€ 1.3 million revenue · 2025
Tijdelijke maatschap Ivan Vuylsteke - Vanlerberghe
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0759.526.232
- VAT number
- BE 0759.526.232
- Registered office
- Steenovenstraat 98, 8760 Tielt
- Names & denominations
- VEURNS RECYCLAGE BEDRIJF · VRB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2020
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
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