Active · per the CBE, 31 October 2026
2Brec logo

2Brec

BE0846585217

Rechtspersoon Private limited company 1 establishment

2Brec is a wholesaler in Balen. Private Limited, started on 12 June 2012, 1 establishment.

Gustaaf Woutersstraat 11, 2490 Balen 2brec.be

Behind the company: Paul Veulemans, Wim Geukens.

Active for

14 year, 4 months

Financials

Financial year 2026

2Brec from Balen, company number BE0846585217, closed financial year 2026 with a result of € 823,507 after tax. For that financial year 2Brec recorded revenue of € 108.7 million and equity of € 3 million. Compared with financial year 2025, the result moved from € 550,463 to € 823,507. 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 October 20, 2026.

What it is worth Growing

€ 3 million

▲ 37% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 823,507

▲ 50% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 1.7 million

▼ 51% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 3 million.

People and assets in 2026

Full-time equivalents

2.5

▲ 0.2 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 210,787

▲ 36% vs 2025

€ 84,300 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.

Vehicles and equipment

€ 158,909

▲ 12% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt

€ 4.1 million

▲ 38% vs 2025

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 7.8 million

▼ 19% vs 2025

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.

Taxes and wages

€ 40,093

▼ 7% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2023202420252026Change 2025 → 2026
Revenue € 82,384,571 € 77,306,046 € 98,748,915 € 108,685,030 ▲ 10%
Profit after taxes € 857,938 € 381,327 € 550,463 € 823,507 ▲ 50%
Equity € 2,081,168 € 2,287,495 € 2,204,208 € 3,027,715 ▲ 37%
Total debts € 10,381,095 € 14,878,393 € 13,510,226 € 12,246,839 ▼ 9%
Cash € 429,365 € 2,662,469 € 3,436,576 € 1,673,647 ▼ 51%
Retained profit € 2,062,568 € 2,267,035 € 2,183,748 € 3,007,255 ▲ 38%
Dividend € 1,000,000 € 175,000 € 633,750 € 0 ▼ 100%
Bank debt € 5,000,000 € 7,000,000 € 3,000,000 € 4,140,000 ▲ 38%
Balance sheet total € 12,462,263 € 17,165,888 € 15,714,434 € 15,274,554 ▼ 3%
Employees (FTE) 1.6 1.6 2.3 2.5 ▲ 0.2

Key figures of 2Brec, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to 2Brec?

What happened at 2Brec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2026: profit of € 823,507 (▲ 50% vs 2025). Source: NBB ↗
  • Paul Veulemans became a director. NBB
  • Wim Geukens became a director. NBB
  • New establishment in Balen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 857,938 profit in 2023 to € 823,507 profit in 2026.

Paid € 854,482 in corporate taxes since 2023.

Best year ever: 2023, with € 857,938 profit.

Paid out € 1.8 million in dividends to the owners in total.

Management

TCIM 30%

The stake of TCIM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

2Brec

Behind 2Brec are Paul Veulemans and Wim Geukens. The shares are held by TCIM (30%).

Directors

According to the 2026 annual accounts

Paul Veulemans

Director

Also active at: TCIM

since 2023

Wim Geukens

Director

since 2023

Shareholders

TCIM

30%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Gustaaf Woutersstraat 11

2490 Balen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

LightboxWeeblyjQueryreCAPTCHA

Hosting & Email

Email provider

Microsoft 365

Hosting

BIZLAND-SD - Newfold Digital, Inc., US

Domain

Domain

2brec.be

Registered

2012-07-05

Website info

HTTPS Nee
Indexable pages 17
Languages NL_NL

Features

Webshop Contact page

Security

✗ HTTPS
✓ SPF
✓ DMARC

Details

Company number
0846.585.217
VAT number
BE 0846.585.217
Registered office
Gustaaf Woutersstraat 11, 2490 Balen
Names & denominations
2Brec
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
12 June 2012
Peppol
Active · Active since 28 Oct 2024
Contact
2brec.be
Activities · NACE

Groothandel in afval en schroot, neg

Groothandel in ijzer- en staalschroot en in oude non-ferrometalen

Groothandel in afval en schroot, n.e.g.

Activiteiten van holdings

Overige zakelijke dienstverlening, neg

Holdings

Frequently asked questions

What does 2Brec do?
2Brec is a wholesaler in Balen. Private Limited, started on 12 June 2012, 1 establishment.
What is the address of 2Brec?
The registered office of 2Brec is located at Gustaaf Woutersstraat 11, 2490 Balen.
Is 2Brec still active?
Yes. According to the CBE (31 October 2026) 2Brec is active, legal situation “Normale toestand”, started on 12 June 2012.
Is 2Brec registered on Peppol?
Yes, 2Brec is registered on the Peppol network with ID 0208:0846585217.
What is the enterprise number of 2Brec?
The enterprise number of 2Brec is BE0846585217.
When was 2Brec founded?
2Brec was founded on 12 June 2012.