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 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
39 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PureCycle Belgium from Etterbeek, company number BE0798383442, closed financial year 2025 with a result of € -3.7 million after tax. Compared with financial year 2024, the result moved from € -1.5 million to € -3.7 million. 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 June 5, 2026.
€ -5.8 million
▼ € 3.7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.7 million
▼ 147 % more loss than in 2024
Profit after tax over the fiscal year.
€ 202,754
▲ 139% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.8 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 956,060
▲ € 857,181 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 98 days on average.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Profit after taxes | € -599,716 | € -1,493,264 | € -3,689,781 | ▼ € 2.2 million |
| Equity | € -579,716 | € -2,072,980 | € -5,762,761 | ▼ € 3.7 million |
| Total debts | € 989,853 | € 3,654,708 | € 10,681,709 | ▲ 192% |
| Cash | € 77,759 | € 84,943 | € 202,754 | ▲ 139% |
| Retained profit | € -599,716 | € -2,092,980 | € -5,782,761 | ▼ € 3.7 million |
| Balance sheet total | € 410,137 | € 1,581,728 | € 4,918,949 | ▲ 211% |
Key figures of PureCycle Belgium, 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 PureCycle Belgium?
What happened at PureCycle Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.7 million. Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
- Brad Kalter became a director. NBB
- Peter Smits became a director. NBB
- Wiebe Schipper became a director. NBB
In short
From € 599,716 loss in 2023 to € 3.7 million loss in 2025.
Pays suppliers within 98 days on average.
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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
Behind PureCycle Belgium are Brad Kalter , Peter Smits and Wiebe Schipper .
Directors
According to the 2025 annual accounts
Brad Kalter
Director
since 2023
Peter Smits
Director
since 2023
Wiebe Schipper
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 87
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.
All companies at this address →Organisatiebureel A.D.
FEDERATION EUROPEENNE DES ASSOCIATIONS DES ETABLISSEMENTS DE CREDIT EUROFINAS ASS INT
€ 462,531 gross margin · 2025
SEGRO BELGIUM
€ -35,308 gross margin · 2025
FEDERATION EUROPEENNE DES ASSOCIATIONS DES ETABLISSEMENTS DE LEASING - EUROPESE FEDERATIE VAN VERENIGINGEN VAN LEASINGONDERNEMINGEN - EUROPEAN FEDERATIONOF LEAS
€ 866,930 gross margin · 2025
IMMOBILIERE PARMA-IMMOBILIEN PARMA
€ -8,614 gross margin · 2025
+34 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website info
Features
Security
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Details
- Company number
- 0798.383.442
- VAT number
- BE 0798.383.442
- Registered office
- Louis Schmidtlaan 87, 1040 Etterbeek
- Names & denominations
- PureCycle Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 2023
- Peppol
- Active · Active since 17 Nov 2025
- Contact
- purecycle.be [email protected]
- Activities · NACE
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