Financials
Financial year 2025
VULSTEKE RECYCLING from Staden, company number BE0867862760, closed financial year 2025 with a result of € 244,748 after tax. For that financial year VULSTEKE RECYCLING recorded a gross margin of € 2.2 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 286,951 to € 244,748. The company is profitable. 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 February 2, 2026.
€ 2.9 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 244,748
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 642,781
▲ 64% 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 € 2.9 million.
People and assets in 2025
14.5
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 948,378
▼ 6% vs 2024
€ 65,400 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.
€ 718,902
▼ 20% vs 2024
Of which on lease € 390,879.
Debts at end 2025
€ 2.4 million
▼ 16% vs 2024
€ 460,339 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2.4 million
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 218,741
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,665,541 | € 2,165,826 | € 2,256,876 | € 2,205,120 | ▼ 2% |
| Profit after taxes | € 237,616 | € 465,446 | € 286,951 | € 244,748 | ▼ 15% |
| Equity | € 1,961,116 | € 2,416,898 | € 2,694,185 | € 2,929,269 | ▲ 9% |
| Total debts | € 5,289,191 | € 5,609,805 | € 5,745,205 | € 5,213,248 | ▼ 9% |
| Cash | € 423,889 | € 749,158 | € 392,092 | € 642,781 | ▲ 64% |
| Land & buildings | € 2,895,287 | € 2,820,872 | € 2,777,664 | € 2,830,673 | ▲ 2% |
| Retained profit | € 1,862,123 | € 2,327,569 | € 2,614,520 | € 2,859,269 | ▲ 9% |
| Bank debt | € 3,292,119 | € 3,172,384 | € 2,866,922 | € 2,416,401 | ▼ 16% |
| Balance sheet total | € 7,265,236 | € 8,036,656 | € 8,444,366 | € 8,142,517 | ▼ 4% |
| Employees (FTE) | 13.9 | 14.5 | 15.5 | 14.5 | ▼ 1 |
Key figures of VULSTEKE RECYCLING, fiscal years 2022 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 VULSTEKE RECYCLING?
What happened at VULSTEKE RECYCLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 244,748 (▼ 15% vs 2024). filed late Source: NBB ↗
- New establishment in Staden. KBO
- Start of the company according to the CBE. KBO
In short
From € 237,616 profit in 2022 to € 244,748 profit in 2025.
Paid € 237,519 in corporate taxes since 2022.
Best year ever: 2023, with € 465,446 profit.
On average € 152,100 of value added per employee in 2025.
A new publication or filing at VULSTEKE RECYCLING? 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 VERVOERONDERNEMING VULSTEKE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VULSTEKE RECYCLINGBehind VULSTEKE RECYCLING are Martin Vulsteke, Frederik VULSTEKE and Laurens VULSTEKE. The shares are held by VERVOERONDERNEMING VULSTEKE (40%).
Directors
According to the 2025 annual accounts
Frederik VULSTEKE
Director
Laurens VULSTEKE
Director
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint Jansstraat(STA) 124
8840 Staden
Sint Jansstraat(STA) 122
8840 Staden
Active since 19 October 2004
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0867.862.760
- VAT number
- BE 0867.862.760
- Registered office
- Sint Jansstraat(STA) 124, 8840 Staden
- Names & denominations
- VULSTEKE RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2004
- Peppol
- Active · Active since 4 Nov 2024
- Contact
- vulstekebvba.be
- Activities · NACE
Goederenvervoer over de weg
Terugwinning van materialen uit afval
Recycling van metaalafval
Terugwinning van metaalafval
Bouwrijp maken van terreinen
Recycling van niet-metaalafval
Grondverzet
Terugwinning van inerte afvalstoffen