Financials
Financial year 2025
SANEL RECYCLING from Eeklo, company number BE0880889761, closed financial year 2025 with a result of € 136,199 after tax. For that financial year SANEL RECYCLING recorded revenue of € 8.9 million and equity of € 4.7 million. Compared with financial year 2024, the result moved from € 648,276 to € 136,199. 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 April 21, 2026.
€ 4.7 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 136,199
▼ 79% vs 2024
Profit after tax over the fiscal year.
€ 295,982
▲ 133% 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 € 4.4 million.
People and assets in 2025
12.1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 955,438
▲ 5% vs 2024
€ 79,000 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.
€ 4.1 million
▲ 18% vs 2024
Of which on lease € 3.9 million.
Debts at end 2025
€ 4.5 million
▲ 15% vs 2024
€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.2 million
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 67 days on average.
€ 74,000
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,124,825 | € 9,654,283 | € 10,218,653 | € 8,908,052 | ▼ 13% |
| Profit after taxes | € 45,868 | € 1,387,275 | € 648,276 | € 136,199 | ▼ 79% |
| Equity | € 2,519,442 | € 3,906,717 | € 4,554,993 | € 4,691,192 | ▲ 3% |
| Total debts | € 10,810,501 | € 6,612,412 | € 5,955,485 | € 5,858,718 | ▼ 2% |
| Cash | € 107,714 | € 146,654 | € 126,980 | € 295,982 | ▲ 133% |
| Land & buildings | € 6,576,071 | € 3,323,283 | € 918,638 | € 931,752 | ▲ 1% |
| Retained profit | € 2,269,442 | € 3,656,717 | € 4,304,993 | € 4,441,192 | ▲ 3% |
| Bank debt | € 7,347,801 | € 2,922,837 | € 3,958,555 | € 4,535,860 | ▲ 15% |
| Balance sheet total | € 13,330,372 | € 10,519,167 | € 10,510,478 | € 10,549,910 | |
| Employees (FTE) | 15.7 | 12.3 | 12.2 | 12.1 | ▼ 0.1 |
Key figures of SANEL 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 April 2027.
What happened to SANEL RECYCLING?
What happened at SANEL 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 € 136,199 (▼ 79% vs 2024). Source: NBB ↗
- L&A Trans BV became a director. NBB
- Elias Vandevoorde stepped down as director. NBB
- Elias Vandevoorde became a director. NBB
- New establishment in Eeklo. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,868 profit in 2022 to € 136,199 profit in 2025.
Paid € 512,960 in corporate taxes since 2022.
Best year ever: 2023, with € 1.4 million profit.
Pays suppliers within 67 days on average.
Management
The stake of L&A TRANS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SANEL RECYCLINGBehind SANEL RECYCLING is L&A Trans BV. The shares are held by L&A TRANS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Erik Doets
Also active at: DE SWEEMER PRECISION CASTING, Sanel Zeebrugge, ELIAS VANDEVOORDE
since 2025
Elias Vandevoorde
Director
Also active at: M. SNEBBOUT, SMITZ & CO, DE SWEEMER PRECISION CASTING, Rent 2 Work, ELIAS VANDEVOORDE
since 2023 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwendorpe 53
9900 Eeklo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0880.889.761
- VAT number
- BE 0880.889.761
- Registered office
- Nieuwendorpe 53, 9900 Eeklo
- Names & denominations
- SANEL RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2006
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Terugwinning van materialen uit afval
Andere afvalverwijdering
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Terugwinning van inerte afvalstoffen
Overige verwerking en verwijdering van ongevaarlijk afval
Sanering en ander afvalbeheer
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in andere intermediaire producten, neg
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