ACTIVE

VB-RECREA

Financial year 2025 · Closed on 31/12/2025

Net result40 k €-40,9 %over 1 year

Gross margin154,2 k €-32,0 %over 1 year

Equity659,5 k €-2,9 %over 1 year

Identity

Source · BCE/KBO

VB-RECREA is a Private limited company incorporated in 1987. Its main activity is: Manufacture of plastic packing goods. Its registered office is in Blankenberge.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0432.549.328
Incorporation: 21/11/1987
Legal form: Private limited company
Registered office: Koninginlaan 2 box 402
8370 Blankenberge · FlandreSee on map
Contributed capital: 19 831,48 €
Latest accounts: 31/12/2025

Activities (NACE)

22220Manufacture of plastic packing goods· main 49320Taxi operation 49390Other passenger land transport n.e.c.56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities 18120Other printing+11

Joint committees (3)

302
3020
302000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	154,2 k €	-32.0%	226,7 k €	-25.9%	306,1 k €	-4.6%	320,7 k €	-16.3%	383,1 k €
EBITDA	62,8 k €	-37.5%	100,5 k €	+16.2%	86,5 k €	-36.2%	135,5 k €	-28.9%	190,7 k €
Operating result	53,4 k €	-42.3%	92,5 k €	+16.1%	79,7 k €	-40.2%	133,2 k €	-29.8%	189,7 k €
Net result	40 k €	-40.9%	67,8 k €	+31.0%	51,8 k €	-44.5%	93,3 k €	-34.0%	141,4 k €
Balance sheet
Equity	659,5 k €	-2.9%	679 k €	+11.1%	611,2 k €	+9.3%	559,4 k €	+20.0%	466,1 k €
Total assets	795 k €	+1.4%	784 k €	+11.1%	705,4 k €	-6.5%	754,5 k €	+5.7%	713,8 k €
Cash	543,9 k €	+9.5%	496,7 k €	+9.0%	455,5 k €	-33.1%	681,3 k €	+4.9%	649,7 k €
Debts	129,1 k €	+22.9%	105 k €	+13.6%	92,5 k €	-51.5%	190,6 k €	-21.3%	242,1 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

Philip Vanden Broucke

Director · since 02 janvier 2015

Active

Sabine Vanden Broucke

Director · since 02 janvier 2015

Active

Ended mandates

Philip Vanden Brouce

Manager · since 02 janvier 2015

Ended

Philip Vanden Broucke

Manager · since 02 janvier 2015

Ended

Sabine Vanden Broucke

Manager · since 02 janvier 2015

Ended

Athanasios Chatzinikolaou

Manager · until 23 septembre 2013

Ended

Other companies at this address

Koninginlaan 2 8370 Blankenberge

Company	CBE no.
De Wevers● Active	1023.933.780
FIBEMA● Active	0429.595.281
IMMO DE WEVER● Active	0476.586.140

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	28/08/2025	01/10/2024	28/09/2023	15/11/2022	27/10/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	27/06/2026	28/08/2026	Dutch	PDF
Micro model	31/12/2024	28/06/2025	28/08/2025	Dutch	PDF
Micro model	31/12/2023	29/06/2024	01/10/2024	Dutch	PDF
Micro model	31/12/2022	24/06/2023	28/09/2023	Dutch	PDF
Micro model	31/12/2021	25/06/2022	15/11/2022	Dutch	PDF
Micro model	31/12/2020	26/06/2021	27/10/2021	Dutch	PDF
Micro model	31/12/2019	27/06/2020	12/11/2020	Dutch	PDF
Micro model	31/12/2018	29/06/2019	16/09/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	06/08/2018	Dutch	PDF
Micro model	31/12/2016	24/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	23/09/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	18/09/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	13/11/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	14/11/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	09/09/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	10/09/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	27/11/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

Philip Vanden Broucke

Director · since 02 janvier 2015

Active

Sabine Vanden Broucke

Director · since 02 janvier 2015

Active

Ended mandates

Philip Vanden Brouce

Manager · since 02 janvier 2015

Ended

Philip Vanden Broucke

Manager · since 02 janvier 2015

Ended

Sabine Vanden Broucke

Manager · since 02 janvier 2015

Ended

Athanasios Chatzinikolaou

Manager · until 23 septembre 2013

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/03/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/03/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/04/2010
MAATSCHAPPELIJKE ZETEL
PDF
Registered office21/01/2008
MAATSCHAPPELIJKE ZETEL
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 202540 k €↓
2024
Annual accounts 202467,8 k €↑
2023
Annual accounts 202351,8 k €↓
2022
Annual accounts 202293,3 k €↓
2021
Annual accounts 2021141,4 k €↑
2019
Annual accounts 201977,4 k €↓
2018
Annual accounts 2018104,5 k €↑
2017
Annual accounts 201713,1 k €↓
2016
Annual accounts 201671,6 k €↓
2015
Annual accounts 2015108,5 k €↑
2014
Annual accounts 201410,7 k €↑
2013
Annual accounts 2013-76,1 k €↓
2012
Annual accounts 20121,9 k €↑
2011
Annual accounts 2011-2,6 k €↑
2010
Annual accounts 2010-8,8 k €↑
2009
Annual accounts 2009-10,8 k €↓
2008
Annual accounts 2008-9,8 k €↓
2007
Annual accounts 20076,4 k €↑
2006
Annual accounts 2006-5,8 k €
21/11/1987
IncorporationPrivate limited company

VB-RECREA

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline