Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Smart Recycling Partners from Hulshout, company number BE1009535715, closed financial year 2025 with a result of € -5.1 million after tax. For that financial year Smart Recycling Partners recorded revenue of € 2.1 million and equity of € 6.3 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 6.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5.1 million
Profit after tax over the fiscal year.
€ 29,212
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.1 million.
Debts at end 2025
€ 36.9 million
€ 3.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 53,170
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 5 days on average.
€ 13,316
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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What happened to Smart Recycling Partners?
What happened at Smart Recycling Partners in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5.1 million. Source: NBB ↗
- Summits BV became a director. NBB
- Vandeberg Finance Management BV became a director. NBB
- De Vocht Invest BV became a director. NBB
- Geste VL BV became a director. NBB
- Vlinvesta BV stepped down as director. NBB
- New establishment in Hulshout. KBO
- Vlinvesta BV became a director. NBB
In short
Pays suppliers within 5 days on average.
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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 VLINVESTA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Smart Recycling PartnersBehind Smart Recycling Partners are Summits BV, Vandeberg Finance Management BV, De Vocht Invest BV and Geste VL BV. The shares are held by VLINVESTA (40.8%). It owns 100% of Grondwerken Triki Koen, 100% of Van Loo Projects, 100% of Rumst Recycling, 100% of Ship Handling Terminal Meerhout, 100% of Rumstse Metaalhandel and 100% of Boons itself.
Directors
According to the 2025 annual accounts
Statutaire Bestuurder · represented by Pieter Tops
Also active at: VAST, The Glass Factory, NEXIRA
since 2024
Vandeberg Finance Management BV
Director · represented by Wouter Vandeberg
Also active at: GTF INVEST
since 2024
Director · represented by Jan De Vocht
Also active at: REMONDIS DE VOCHT, 'T HOF VAN WAERLOOS
since 2024
Managing director · represented by Johan Van Loo
Also active at: Immo Charlize, VLINVESTA
since 2024
Director · represented by Johan Van Loo
Also active at: Recim2, VAN LOO PROJECTS, RUMSTSE METAALHANDEL, HIMACO, M.S.C.A.C., RUPELPARK, Delen's Bowling, Erwin Verbraeken +24 more
since 2024 · until 2024
Shareholders
40.8%
Participations
100%
100%
100%
100%
100%
51%
Establishments
Establishment units
Physical locations of this company
Corbeillestraat 40
2235 Hulshout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →Recim2 same network
€ 1.3 million gross margin · 2025
VAN LOO PROJECTS same network
€ 44.7 million revenue · 2025
METALEN VAN DER AUWERA
€ 135,482 gross margin · 2025
RUMSTSE METAALHANDEL same network
€ 768,908 gross margin · 2025
M.S.C.A.C. same network
€ 151,554 gross margin · 2025
+45 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
- 1009.535.715
- VAT number
- BE 1009.535.715
- Registered office
- Corbeillestraat 40, 2235 Hulshout
- Names & denominations
- Smart Recycling Partners
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 2024
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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