Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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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 46 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Ship Handling Terminal Meerhout from Hulshout, company number BE0776414823, closed financial year 2025 with a result of € -175,643 after tax. For that financial year Ship Handling Terminal Meerhout recorded a gross margin of € -41,512 and equity of € -266,719. Compared with financial year 2024, the result moved from € -208,921 to € -175,643. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ -266,719
▼ € 175,643 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -175,643
▲ 16 % less loss than in 2024
Profit after tax over the fiscal year.
€ 234,555
▲ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
Debts at end 2025
€ 599,080
▼ 33% vs 2024
€ 92,064 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 231,898
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 617,709 | - | - | |
| Gross margin | - | € -55,943 | € -41,512 | ▲ € 14,430 |
| Profit after taxes | € -682,155 | € -208,921 | € -175,643 | ▲ € 33,278 |
| Equity | € -282,155 | € -91,076 | € -266,719 | ▼ € 175,643 |
| Total debts | € 1,819,853 | € 1,674,531 | € 1,683,196 | ▲ 1% |
| Cash | € 16,163 | € 151,963 | € 234,555 | ▲ 54% |
| Retained profit | € -682,155 | € -891,076 | € -1,066,719 | ▼ € 175,643 |
| Bank debt | € 893,952 | € 891,144 | € 599,080 | ▼ 33% |
| Balance sheet total | € 1,537,698 | € 1,583,455 | € 1,416,477 | ▼ 11% |
Key figures of Ship Handling Terminal Meerhout, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Ship Handling Terminal Meerhout?
What happened at Ship Handling Terminal Meerhout in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 175,643. filed late Source: NBB ↗
- Smart Recycling Partners became a director. NBB
- Hasco NV stepped down as director. NBB
- Dorob BV stepped down as director. NBB
- New establishment in Meerhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 682,155 loss in 2023 to € 175,643 loss in 2025.
A new publication or filing at Ship Handling Terminal Meerhout? 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 Smart Recycling Partners, Multi Logistics Group, DOROB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Ship Handling Terminal MeerhoutBehind Ship Handling Terminal Meerhout is Smart Recycling Partners. The shares are held by Smart Recycling Partners (100%), Multi Logistics Group (50%) and DOROB (50%).
Directors
According to the 2025 annual accounts
Director · represented by Pieter TOPS
Also active at: VAN LOO PROJECTS, SRP Trans, BOONS, RUMST RECYCLING, Terrinta
since 2025
Director · represented by Francis WANTEN
Also active at: H2WIN, Hasco Solar Invest, Climagroup Holding, Vestra Real Estate Group, Green and Durable Group, Multi Logistics Group, Comfort Energy Group
· until 2025
Director · represented by Daniel BUERMANS
Also active at: KRAANBEDRIJF D.BUERMANS, Immo Buermans
· until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Corbeillestraat 40
2235 Hulshout
Nijverheidsweg 15
2450 Meerhout
Active since 22 October 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →Recim2
€ 1.3 million gross margin · 2025
VAN LOO PROJECTS same network
€ 44.7 million revenue · 2025
METALEN VAN DER AUWERA
€ 135,482 gross margin · 2025
RUMSTSE METAALHANDEL
€ 768,908 gross margin · 2025
M.S.C.A.C.
€ 151,554 gross margin · 2025
+45 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
- 0776.414.823
- VAT number
- BE 0776.414.823
- Registered office
- Corbeillestraat 40, 2235 Hulshout
- Names & denominations
- Ship Handling Terminal Meerhout · SHTM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2021
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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