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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 25.8 to 18.5.
Financials
Financial year 2025
De Vreese Recycling from Ronse, company number BE0761502062, closed financial year 2025 with a result of € -60,588 after tax. For that financial year De Vreese Recycling recorded a gross margin of € 2.5 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € -898,864 to € -60,588. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 2.9 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,588
▲ 93 % less loss than in 2024
Profit after tax over the fiscal year.
€ 132,155
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.8 million.
People and assets in 2025
18.5
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 18% vs 2024
€ 54,300 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.
€ 7.8 million
▲ € 6.2 million vs 2024
Of which on lease € 7.4 million.
Debts at end 2025
€ 7.7 million
▲ € 6.2 million vs 2024
€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 3.1 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,812
▲ 87% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,021,656 | € 4,972,987 | € 772,178 | € 2,499,484 | ▲ 224% |
| Profit after taxes | € 1,269,560 | € 2,347,704 | € -898,864 | € -60,588 | ▲ € 838,276 |
| Equity | € 1,369,560 | € 3,717,263 | € 2,947,411 | € 2,886,824 | ▼ 2% |
| Total debts | € 3,123,020 | € 5,495,074 | € 4,420,400 | € 11,671,474 | ▲ 164% |
| Cash | € 548,829 | € 278,309 | € 475,828 | € 132,155 | ▼ 72% |
| Retained profit | € 1,269,560 | € 3,617,263 | € 2,847,411 | € 2,786,824 | ▼ 2% |
| Bank debt | € 999,660 | € 1,782,883 | € 1,506,071 | € 7,721,003 | ▲ € 6.2 million |
| Balance sheet total | € 4,492,579 | € 9,760,110 | € 7,616,299 | € 14,729,642 | ▲ 93% |
| Employees (FTE) | 30.6 | 25.8 | 18.8 | 18.5 | ▼ 0.3 |
Key figures of De Vreese 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 De Vreese Recycling?
What happened at De Vreese 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 € 60,588. filed late Source: NBB ↗
- Mathias de Vreese became a director. NBB
- New establishment in Ronse. KBO
- New establishment in Oudenaarde. KBO
- Pepijn de Vreese became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2022 to € 60,588 loss in 2025.
Paid € 818,147 in corporate taxes since 2022.
Best year ever: 2023, with € 2.3 million profit.
On average € 135,100 of value added per employee in 2025.
Management
Behind De Vreese Recycling are Mathias de Vreese and Pepijn de Vreese. The same people are also behind OUDENAARDS MANUTENTIEBEDRIJF. Pepijn de Vreese is also behind de Vreese containertransport and de Vreese Trucking.
Directors
According to the 2025 annual accounts
since 2026
Pepijn de Vreese
Director
Also active at: de Vreese containertransport, de Vreese Trucking, OUDENAARDS MANUTENTIEBEDRIJF
since 2021
Establishments
Establishment units
Physical locations of this company
Klein Frankrijkstraat 21
9600 Ronse
Meersbloem-Melden 20
9700 Oudenaarde
Active since 12 January 2021
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
devreese-recycling.be
Registered
2018-06-08
Website info
Features
Security
Details
- Company number
- 0761.502.062
- VAT number
- BE 0761.502.062
- Registered office
- Klein Frankrijkstraat 21, 9600 Ronse
- Names & denominations
- De Vreese Recycling
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2021
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- devreese-recycling.be
- Activities · NACE
Groothandel in afval en schroot, neg
Terugwinning van materialen uit afval
Groothandel in afval en schroot, n.e.g.
Behandeling en verwijdering van ongevaarlijk afval, m.u.v. slib en vloeibare afvalstoffen
Goederenvervoer over de weg
Overige zakelijke dienstverlening, neg
Terugwinning van inerte afvalstoffen