Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 10 to 0.
Financials
Financial year 2025
'VAN THUYNE RECYCLING' from Kruisem, company number BE0886310576, closed financial year 2025 with a result of € 9,928 after tax. For that financial year 'VAN THUYNE RECYCLING' recorded a gross margin of € 415,268 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 216,118 to € 9,928. 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 July 24, 2026.
€ 1.4 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,928
▼ 95% vs 2024
Profit after tax over the fiscal year.
€ 286,922
▲ € 243,414 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 € 1.4 million.
People and assets in 2025
0
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 77,585
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 675,406
▼ 21% vs 2024
Of which on lease € 326,933.
Debts at end 2025
€ 320,404
▼ 1% vs 2024
€ 103,695 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 488,805
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,990
▼ 86% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 456,930 | € 532,971 | € 660,067 | € 415,268 | ▼ 37% |
| Profit after taxes | € 191,093 | € 185,606 | € 216,118 | € 9,928 | ▼ 95% |
| Equity | € 1,035,151 | € 1,220,758 | € 1,436,875 | € 1,446,803 | ▲ 1% |
| Total debts | € 747,196 | € 684,602 | € 761,883 | € 911,782 | ▲ 20% |
| Cash | € 24,800 | € 97,992 | € 43,508 | € 286,922 | ▲ € 243,414 |
| Retained profit | € 1,016,551 | € 1,202,158 | € 1,418,275 | € 1,428,203 | ▲ 1% |
| Bank debt | € 125,749 | € 423,248 | € 323,793 | € 320,404 | ▼ 1% |
| Balance sheet total | € 1,782,347 | € 1,905,360 | € 2,198,758 | € 2,358,585 | ▲ 7% |
| Employees (FTE) | 1 | 10 | 1 | 0 | ▼ 1 |
Key figures of 'VAN THUYNE 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 31 July 2027.
What happened to 'VAN THUYNE RECYCLING'?
What happened at 'VAN THUYNE 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 € 9,928 (▼ 95% vs 2024). Source: NBB ↗
- Emile Van Thuyne became a director. NBB
- Andreas Van Thuyne became a director. NBB
- Nicolas Van Thuyne became a director. NBB
- Thomas Van Thuyne became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Kruisem. KBO
- Edwig Van Thuyne became a director. NBB
In short
From € 191,093 profit in 2022 to € 9,928 profit in 2025.
Paid € 176,828 in corporate taxes since 2022.
Best year ever: 2024, with € 216,118 profit.
On average € 660,100 of value added per employee in 2024.
A new publication or filing at 'VAN THUYNE 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
Behind 'VAN THUYNE RECYCLING' are Emile Van Thuyne, Andreas Van Thuyne, Edwig Van Thuyne, Thomas Van Thuyne and Nicolas Van Thuyne.
Directors
According to the 2025 annual accounts
Emile Van Thuyne
Director
since 2021
Andreas Van Thuyne
Director
since 2019
Edwig Van Thuyne
Director
since 2007
Thomas Van Thuyne
Director
since 2015
Nicolas Van Thuyne
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Nellekensstraat(NOK) 16
9771 Kruisem
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
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Details
- Company number
- 0886.310.576
- VAT number
- BE 0886.310.576
- Registered office
- Nellekensstraat(NOK) 16, 9771 Kruisem
- Names & denominations
- 'VAN THUYNE RECYCLING'
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2007
- Peppol
- Active · Active since 29 Sept 2025
- Contact
- recupmetal.be
- Activities · NACE
Terugwinning van materialen uit afval
Groothandel in ijzer- en staalschroot en in oude non-ferrometalen
Groothandel in afval en schroot
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