Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VEHICLE & METAL RECYCLING from Châtelet, company number BE0887964427, closed financial year 2025 with a result of € 47,129 after tax. For that financial year VEHICLE & METAL RECYCLING recorded a gross margin of € 534,064 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € -4,101 to € 47,129. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2026.
€ 1.8 million
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,129
▲ still € 4,101 loss in 2024
Profit after tax over the fiscal year.
€ 865,416
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
6
Average over the fiscal year, from the social balance sheet.
€ 246,335
▼ 19% vs 2024
€ 41,100 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.
€ 139,330
▼ 32% vs 2024
Of which on lease € 139,330.
Debts at end 2025
€ 181,889
▼ 25% vs 2024
€ 68,963 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 391,994
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,039
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 4,272,106 | - | - | |
| Gross margin | € 1,074,752 | € 545,291 | € 504,757 | € 534,064 | ▲ 6% |
| Profit after taxes | € 486,654 | € 16,344 | € -4,101 | € 47,129 | ▲ € 51,230 |
| Equity | € 2,175,943 | € 2,175,242 | € 2,155,167 | € 1,786,421 | ▼ 17% |
| Total debts | € 952,406 | € 807,439 | € 658,092 | € 1,030,082 | ▲ 57% |
| Cash | € 1,128,162 | € 848,473 | € 864,734 | € 865,416 | |
| Land & buildings | € 1,535,841 | € 1,409,682 | € 1,283,523 | € 1,157,364 | ▼ 10% |
| Retained profit | € 1,001,378 | € 1,017,722 | € 1,013,621 | € 660,750 | ▼ 35% |
| Dividend | € 200,000 | € 0 | € 0 | € 400,000 | |
| Bank debt | € 130,547 | € 307,624 | € 243,282 | € 181,889 | ▼ 25% |
| Balance sheet total | € 3,128,349 | € 2,982,681 | € 2,813,260 | € 2,816,503 | |
| Employees (FTE) | 6 | 6 | 6 | 6 |
Key figures of VEHICLE & METAL 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 VEHICLE & METAL RECYCLING?
What happened at VEHICLE & METAL 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 € 47,129. filed late Source: NBB ↗
- Maxime GROSJEAN stepped down as director. NBB
- C.B.P.I.I. SA stepped down as director. NBB
- Aurore GROSJEAN stepped down as director. NBB
- Maxime GROSJEAN became a director. NBB
- C.B.P.I.I. SA became a director. NBB
- Aurore GROSJEAN became a director. NBB
- New establishment in Mons. KBO
In short
From € 486,654 profit in 2022 to € 47,129 profit in 2025.
Paid € 123,220 in corporate taxes since 2022.
Best year ever: 2022, with € 486,654 profit.
On average € 89,000 of value added per employee in 2025.
A new publication or filing at VEHICLE & METAL 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 RECYMET comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VEHICLE & METAL RECYCLINGThe shares are held by RECYMET (100%).
Directors
According to the 2025 annual accounts
Maxime GROSJEAN
Director
Also active at: Rivage et Entrepôts de Châtelineau, COMETSAMBRE, RECYMET, RECYCAR, COMET TYRE RECYCLING, COMET TRAITEMENTS, MG MANAGEMENT CONSULTING, COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES +2 more
since 2020 · until 2026
Managing director · represented by Philippe GROSJEAN
Also active at: Rivage et Entrepôts de Châtelineau, COMETSAMBRE, ACIERS GROSJEAN, RECYMET, RECYCAR, FERUTIL, COMET TYRE RECYCLING, COMET TRAITEMENTS +2 more
since 2020 · until 2026
Aurore GROSJEAN
Director
Also active at: Rivage et Entrepôts de Châtelineau, ACOZ FERS ET METAUX, GROSJEAN ET FILS, COMETSAMBRE, ACIERS GROSJEAN, RECYMET, BRICOFER, RECYCAR +7 more
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rivage de Boubier 25
6200 Châtelet
Rue des Fabriques (O.) 1
7034 Mons
Active since 14 March 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Rivage et Entrepôts de Châtelineau same network
€ -294 gross margin · 2025
TERCOBEL
€ -613 gross margin · 2025
COMETSAMBRE same network
€ 247.5 million revenue · 2025
RECYMET same network
€ 35.9 million revenue · 2025
COMET TYRE RECYCLING same network
€ 2.1 million gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0887.964.427
- VAT number
- BE 0887.964.427
- Registered office
- Rivage de Boubier 25, 6200 Châtelet
- Names & denominations
- VEHICLE & METAL RECYCLING · V&M RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 2007
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
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