Financials
Financial year 2025
P & I Recycling from Pelt, company number BE0766376610, closed financial year 2025 with a result of € 507,536 after tax. For that financial year P & I Recycling recorded a gross margin of € 1.6 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 378,334 to € 507,536. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 1.3 million
▲ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 507,536
▲ 34% vs 2024
Profit after tax over the fiscal year.
€ 255,736
▲ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 117,647 paid out
23 % of the profit went to the shareholders, mostly to CISI (50 % of the shares). That is where the money ends up.
People and assets in 2025
7.9
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 545,735
▲ 17% vs 2024
€ 69,100 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.
€ 428,628
▲ 117% vs 2024
Of which on lease € 67,958.
Debts at end 2025
€ 620,144
▼ 24% vs 2024
€ 167,792 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 262,443
▲ 300% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 238,627
▲ 65% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 292,995 | € 1,019,325 | € 1,188,111 | € 1,581,512 | ▲ 33% |
| Profit after taxes | € 149,319 | € 418,561 | € 378,334 | € 507,536 | ▲ 34% |
| Equity | € 159,319 | € 577,881 | € 956,214 | € 1,346,103 | ▲ 41% |
| Total debts | € 649,283 | € 802,026 | € 1,076,912 | € 1,222,376 | ▲ 14% |
| Cash | € 63,736 | € 205,076 | € 129,630 | € 255,736 | ▲ 97% |
| Retained profit | € 149,319 | € 567,881 | € 946,214 | € 1,336,103 | ▲ 41% |
| Dividend | € 0 | € 0 | € 0 | € 117,647 | |
| Bank debt | € 91,238 | € 206,488 | € 820,948 | € 620,144 | ▼ 24% |
| Balance sheet total | € 808,603 | € 1,379,907 | € 2,033,126 | € 2,568,479 | ▲ 26% |
| Employees (FTE) | - | 5.2 | 7.6 | 7.9 | ▲ 0.3 |
Key figures of P & I 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 P & I Recycling?
What happened at P & I Recycling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 507,536 (▲ 34% vs 2024). Source: NBB ↗
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
- NICK PLESSERS became a director. NBB
- BRAM IEVEN became a director. NBB
In short
From € 149,319 profit in 2022 to € 507,536 profit in 2025.
Paid € 432,802 in corporate taxes since 2022.
Best year ever: 2025, with € 507,536 profit.
On average € 200,200 of value added per employee in 2025.
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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 CISI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
P & I RecyclingBehind P & I Recycling are NICK PLESSERS and BRAM IEVEN. The shares are held by CISI (50%). It owns 100% of Arjo Transport itself.
Directors
According to the 2025 annual accounts
NICK PLESSERS
Director
Also active at: ARJO INTERNATIONAAL TRANSPORT, BERNAERTS GRONDWERKEN, CISI, CPP Projects, NP Grondwerken, PLESSERS N.
since 2021
BRAM IEVEN
Director
since 2021
Shareholders
50%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Boelehoef 31B
3910 Pelt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0766.376.610
- VAT number
- BE 0766.376.610
- Registered office
- Boelehoef 31B, 3910 Pelt
- Names & denominations
- P & I Recycling
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 2021
- Peppol
- Active · Active since 26 Jul 2024
- Activities · NACE
Terugwinning van materialen uit afval
Bouwrijp maken van terreinen
Terugwinning van overig gesorteerd afval
Logistieke diensten
Verhuur en lease van woon- en bureelcontainers en dergelijke accommodatie
Detailhandel in ijzerwaren en gereedschappen
Overige vervoerondersteunende activiteiten