Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
KRECO SORTING AND REFINING from Lummen, company number BE0769788832, closed financial year 2024 with a result of € 105,013 after tax. For that financial year KRECO SORTING AND REFINING recorded a gross margin of € 881,484 and equity of € 897,767. Compared with financial year 2023, the result moved from € 508,567 to € 105,013. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 897,767
▲ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 105,013
▼ 79% vs 2023
Profit after tax over the fiscal year.
€ 42,907
▲ 9% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 892,767.
People and assets in 2024
4
▲ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 234,848
▲ 20% vs 2023
€ 58,700 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.
€ 46,074
▼ 7% vs 2023
Of which on lease € 19,455.
Debts at end 2024
€ 2.1 million
▼ 11% vs 2023
€ 268,971 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 281,524
▲ 23% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 107,945
▲ 30% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 399,848 | € 988,930 | € 881,484 | ▼ 11% |
| Profit after taxes | € 279,187 | € 508,567 | € 105,013 | ▼ 79% |
| Equity | € 284,187 | € 792,754 | € 897,767 | ▲ 13% |
| Total debts | € 3,257,783 | € 2,973,348 | € 2,687,095 | ▼ 10% |
| Cash | € 376,653 | € 39,203 | € 42,907 | ▲ 9% |
| Retained profit | € 279,187 | € 787,754 | € 892,767 | ▲ 13% |
| Bank debt | € 2,645,743 | € 2,406,437 | € 2,141,167 | ▼ 11% |
| Balance sheet total | € 3,541,970 | € 3,766,102 | € 3,584,862 | ▼ 5% |
| Employees (FTE) | 1.2 | 3.6 | 4 | ▲ 0.4 |
Key figures of KRECO SORTING AND REFINING, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KRECO SORTING AND REFINING?
What happened at KRECO SORTING AND REFINING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 105,013 (▼ 79% vs 2023). filed late Source: NBB ↗
- New establishment in Lummen. KBO
- New establishment in Oupeye. KBO
- Start of the company according to the CBE. KBO
In short
From € 279,187 profit in 2022 to € 105,013 profit in 2024.
Paid € 12,004 in corporate taxes since 2022.
Best year ever: 2023, with € 508,567 profit.
On average € 220,400 of value added per employee in 2024.
A new publication or filing at KRECO SORTING AND REFINING? We notify you, reason included.
Follow KRECO SORTING AND REFININGDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 TERMATAL HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KRECO SORTING AND REFININGBehind KRECO SORTING AND REFINING is TERMATAL HOLDING NV. The shares are held by TERMATAL HOLDING (100%).
Directors
According to the 2024 annual accounts
Director · represented by Marc SCHREINEMACHER
Also active at: KRECO, IMMOHAC, ENTREPRISES GENERALES HACCOURT
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kraaibergstraat 31
3560 Lummen
Rue d'Eben 1
4684 Oupeye
Active since 17 June 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0769.788.832
- VAT number
- BE 0769.788.832
- Registered office
- Kraaibergstraat 31, 3560 Lummen
- Names & denominations
- KRECO SORTING AND REFINING · KRECO S.R. en/of K.S.R.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 2021
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Terugwinning van materialen uit afval
Vervaardiging van andere anorganische chemische basisproducten
Terugwinning van inerte afvalstoffen