Financials
Financial year 2025
Recyworks from Moorslede, company number BE0791189210, closed financial year 2025 with a result of € 155,279 after tax. For that financial year Recyworks recorded a gross margin of € 874,623 and equity of € 360,277. Compared with financial year 2024, the result moved from € 66,648 to € 155,279. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 7, 2026.
€ 360,277
▲ 76% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 155,279
▲ 133% vs 2024
Profit after tax over the fiscal year.
€ 651,220
▲ € 539,149 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 € 347,777.
People and assets in 2025
€ 83,676
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 284,385
▲ 185% vs 2024
Of which on lease € 218,381.
Debts at end 2025
€ 215,705
€ 55,211 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.1 million
▲ € 1 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,385
▲ 250% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 166,559 | € 103,393 | € 874,623 | ▲ € 771,229 |
| Profit after taxes | € 125,851 | € 66,648 | € 155,279 | ▲ 133% |
| Equity | € 138,351 | € 204,998 | € 360,277 | ▲ 76% |
| Total debts | € 123,532 | € 81,407 | € 1,658,916 | ▲ € 1.6 million |
| Cash | € 158,315 | € 112,071 | € 651,220 | ▲ € 539,149 |
| Retained profit | € 125,851 | € 192,498 | € 347,777 | ▲ 81% |
| Bank debt | € 0 | € 0 | € 215,705 | |
| Balance sheet total | € 261,882 | € 286,406 | € 2,201,492 | ▲ € 1.9 million |
Key figures of Recyworks, fiscal years 2023 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 Recyworks?
What happened at Recyworks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 155,279 (▲ 133% vs 2024). Source: NBB ↗
- LOVA INVEST BV BV became a director. NBB
- New establishment in Staden. KBO
- Start of the company according to the CBE. KBO
In short
From € 125,851 profit in 2023 to € 155,279 profit in 2025.
Paid € 83,630 in corporate taxes since 2023.
Best year ever: 2025, with € 155,279 profit.
Management
Behind Recyworks is LOVA INVEST BV BV. LOVA INVEST BV BV is also behind CONTIMET INTERNATIONAL and IMMO BARDOEL.
Directors
According to the 2025 annual accounts
Director · represented by Loyson Thomas
Also active at: CONTIMET INTERNATIONAL, IMMO BARDOEL
since 2022
Establishments
Establishment units
Physical locations of this company
Bloemhoekstraat 15
8890 Moorslede
Vergeldermolenstraat(ONK) 3
8840 Staden
Active since 21 September 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0791.189.210
- VAT number
- BE 0791.189.210
- Registered office
- Bloemhoekstraat 15, 8890 Moorslede
- Names & denominations
- Recyworks
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2022
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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