Financials
Financial year 2025
BELGIAN RECYCLE NETWORK from Aalst, company number BE0861508072, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year BELGIAN RECYCLE NETWORK recorded a gross margin of € 1.7 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 949,330 to € 1.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 4.2 million
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 137,918
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 205,868 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.2
Average over the fiscal year, from the social balance sheet.
€ 124,065
▲ 30% vs 2024
€ 103,400 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.
€ 17,758
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,000
Loans from banks and other lenders, long and short.
€ 288,679
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 444,166
▲ 171% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 947,834 | € 808,822 | € 951,108 | € 1,652,380 | ▲ 74% |
| Profit after taxes | € 298,499 | € 690,047 | € 949,330 | € 1,242,425 | ▲ 31% |
| Equity | € 2,142,525 | € 2,832,572 | € 3,118,902 | € 4,155,459 | ▲ 33% |
| Total debts | € 3,070,671 | € 3,474,031 | € 3,303,527 | € 2,527,875 | ▼ 23% |
| Cash | € 237,482 | € 131,427 | € 121,541 | € 137,918 | ▲ 13% |
| Land & buildings | € 362,345 | € 321,356 | € 280,367 | € 239,539 | ▼ 15% |
| Retained profit | € 2,130,125 | € 2,820,172 | € 3,106,502 | € 4,143,059 | ▲ 33% |
| Dividend | € 0 | € 0 | € 663,000 | € 205,868 | ▼ 69% |
| Bank debt | € 0 | € 0 | € 0 | € 50,000 | |
| Balance sheet total | € 5,213,196 | € 6,306,602 | € 6,422,429 | € 6,683,334 | ▲ 4% |
| Employees (FTE) | - | 0.9 | 0 | 1.2 |
Key figures of BELGIAN RECYCLE NETWORK, fiscal years 2022 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 BELGIAN RECYCLE NETWORK?
What happened at BELGIAN RECYCLE NETWORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 31% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Aalst. KBO
In short
From € 298,499 profit in 2022 to € 1.2 million profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.2 million profit.
On average € 1.4 million of value added per employee in 2025.
A new publication or filing at BELGIAN RECYCLE NETWORK? 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
Behind BELGIAN RECYCLE NETWORK is Alex DE LATHAUWER. Alex DE LATHAUWER is also behind JULAM.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Zijpstraat 77A
9308 Aalst
Zijpstraat 77 A
9308 Aalst
Active since 31 October 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ESMERO, NL
Website info
Features
Security
Details
- Company number
- 0861.508.072
- VAT number
- BE 0861.508.072
- Registered office
- Zijpstraat 77A, 9308 Aalst
- Names & denominations
- BELGIAN RECYCLE NETWORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2003
- Peppol
- Active · Active since 6 Jun 2025
- Contact
- bouwafvalzak.be [email protected]
- Activities · NACE
Andere afvalverwijdering
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