Financials
Financial year 2024
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 17.1 million
▼ 18% vs 2023
Profit
Caution€ -616,767
▼ 76% vs 2023
Debts
Normal€ 14.1 million
▼ 10% vs 2023
SPECIALTY METALS RESOURCES from Elsene, company number BE0890465938, closed financial year 2024 with a result of € -616,767 after tax. For that financial year SPECIALTY METALS RESOURCES recorded revenue of € 17.1 million and equity of € 4 million. Compared with financial year 2023, the result moved from € -350,970 to € -616,767. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
What happened at SPECIALTY METALS RESOURCES?
What happened at SPECIALTY METALS RESOURCES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vangala SRL stepped down as director. NBB
- Philippe Lavagna stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 616,767. filed late Source: NBB ↗
- Vangala SRL became a director. NBB
- Philippe Lavagna became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 454,807 profit in 2021 to € 616,767 loss in 2024.
Paid € 658,396 in corporate taxes since 2021.
Best year ever: 2022, with € 805,850 profit.
Paid out € 638,533 in dividends to the owners in total.
A new publication or filing at SPECIALTY METALS RESOURCES? We notify you, reason included.
Follow SPECIALTY METALS RESOURCESNeed more data?
History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
Then €29.99/mo excl. VAT, cancel monthly. No credit card to try; the AI assistant is not included, or only in a very limited form, during the trial month. Sign up now and you’ll be invited first.
Management
It owns 100% of New Bugarama Mining, 100% of Specialty Metals Resources USA Holding inc., 70% of Blue Stone Metals & Chemicals Pvt ltd (India), 54% of Blue Stone Metals & Chemicals LLC, 50% of Nutriteam and 50% of Mojac Technologies itself.
Directors
According to the 2024 annual accounts
Director · represented by Pauline Lavagna
since 2019 · until 2030
Philippe Lavagna
Managing director
since 2018 · until 2030
Establishments
Establishment units
Physical locations of this company
Tenbosstraat 42A
1050 Elsene
Tenbosstraat 42 box A
1050 Elsene
Active since 1 July 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
Details
- Company number
- 0890.465.938
- VAT number
- BE 0890.465.938
- Registered office
- Tenbosstraat 42A, 1050 Elsene
- Names & denominations
- SPECIALTY METALS RESOURCES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2007
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Groothandel in metalen en metaalertsen
Groothandel in chemische producten voor industrieel gebruik
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
Productie van andere non-ferrometalen
Groothandel in andere intermediaire producten, neg
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Overige detailhandel, niet in winkels
Groothandel in overige intermediaire producten, n.e.g.
+5