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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Negative equity NBB
More debt than assets in 1 of the last 1 fiscal years.
Financials
Financial year 2025
Flanders Plastic Recycling from Ingelmunster, company number BE1016803686, closed financial year 2025 with a result of € -202,394 after tax. For that financial year Flanders Plastic Recycling recorded a gross margin of € -77,480 and equity of € -82,394. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ -82,394
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -202,394
Profit after tax over the fiscal year.
€ 213,930
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -202,394.
Debts at end 2025
€ 862,328
€ 168,815 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 130,124
Supplier invoices still open on the last day of the fiscal year.
What happened to Flanders Plastic Recycling?
What happened at Flanders Plastic Recycling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 202,394. filed late Source: NBB ↗
- COREC BV became a director. NBB
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
- Verkinderen BV became a director. NBB
- Verkinderen Andres BV became a director. NBB
Management
Behind Flanders Plastic Recycling are Verkinderen BV, Verkinderen Andres BV and COREC BV. Verkinderen BV is also behind VEKO RECYCLING.
Directors
According to the 2025 annual accounts
since 2024
Director · represented by Andres Verkinderen
since 2024
Director · represented by Emile Coene
since 2025
Establishments
Establishment units
Physical locations of this company
Meulebekestraat 141
8770 Ingelmunster
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
- 1016.803.686
- VAT number
- BE 1016.803.686
- Registered office
- Meulebekestraat 141, 8770 Ingelmunster
- Names & denominations
- Flanders Plastic Recycling · FPR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 2024
- Peppol
- Active · Active since 2 Dec 2024
- Activities · NACE
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