ACTIVE

RECYCLING CVB

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Financial year 2025 · closed on 31/12/2025

Net result

250,1 k €

+8.7% YoY

Gross margin

378 k €

+7.5% YoY

Equity

1,3 M €

+169.0% YoY

What does RECYCLING CVB do?

RECYCLING CVB is a Public limited company incorporated in 1994. Its main activity is: Wholesale of waste and scrap. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.584.974

Incorporation

27/04/1994

Legal form

Public limited company

Registered office

Henri Farmanstraat 36
9000 Gent · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Activities (NACE)

46772Wholesale of waste and scrap· main 46872Wholesale trade, except of motor vehicles and motorcycles 51570Air transport

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2023		2022		2021		2020		2019		2018		2017		2016		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	378 k €	+7.5%	351,8 k €	+15.0%	306 k €	-0.7%	308,3 k €	-7.5%	333,1 k €	+16.1%	287 k €	+35.6%	211,7 k €	-1.9%	215,7 k €	-80.3%	1,1 M €		–		–		–		–		370,6 k €	-14.8%	435 k €	+37.2%	317 k €	+182%	112,3 k €
EBITDA	346,9 k €	+7.6%	322,5 k €	+15.5%	279,3 k €	-1.0%	282,2 k €	-15.2%	332,9 k €	+432%	62,6 k €	+218%	-53,1 k €	-705%	-6,6 k €	-101%	849,3 k €	+532%	134,4 k €	+81.7%	74 k €	-11.9%	84 k €	-80.8%	437,6 k €	+40.4%	311,7 k €	-20.1%	390 k €	+30.0%	300 k €	+184%	105,8 k €
Operating result	241,9 k €	+9.4%	221,1 k €	+27.5%	173,4 k €	-15.2%	204,5 k €	-9.9%	227 k €	+799%	25,3 k €	+132%	-79 k €	-182%	-28 k €	-104%	783,1 k €	+1141%	63,1 k €	+2257%	2,7 k €	-71.7%	9,5 k €	-97.4%	370,7 k €	+51.4%	244,8 k €	-16.8%	294,4 k €	+111%	139,4 k €	+80.7%	77,1 k €
Net result	250,1 k €	+8.7%	230 k €	+129%	-780,1 k €	+38.1%	-1,3 M €	-673%	220,2 k €	-67.8%	684,6 k €	+1020%	-74,4 k €	-124%	-33,2 k €	-107%	446,5 k €	-51.6%	922,1 k €	+13699%	6,7 k €	-99.8%	4 M €	+1887%	201,7 k €	+77.3%	113,7 k €	-80.5%	584,5 k €	+1419%	-44,3 k €	+64.0%	-123,2 k €
Balance sheet
Equity	1,3 M €	+169%	469,6 k €	+96.0%	239,6 k €	-76.5%	1 M €	-55.3%	2,3 M €	+10.7%	2,1 M €	+58.8%	1,3 M €	-5.4%	1,4 M €	-2.4%	1,4 M €	-62.4%	3,7 M €	+32.8%	2,8 M €	+0.2%	2,8 M €	+333%	-1,2 M €	+14.3%	-1,4 M €	+7.5%	-1,5 M €	+27.8%	-2,1 M €	-2.2%	-2,1 M €
Total assets	3,1 M €	+52.6%	2 M €	-6.1%	2,2 M €	-34.5%	3,3 M €	-32.6%	4,9 M €	-10.1%	5,5 M €	+66.8%	3,3 M €	-9.7%	3,6 M €	+16.2%	3,1 M €	-24.0%	4,1 M €	+20.1%	3,4 M €	-17.3%	4,1 M €	+2.0%	4,1 M €	+9.6%	3,7 M €	+5.9%	3,5 M €	-6.6%	3,7 M €	+27.6%	2,9 M €
Cash	32,8 k €	-33.8%	49,6 k €	+766%	5,7 k €	-86.8%	43,3 k €	+882%	4,4 k €	-98.9%	405 k €	+6214%	6,4 k €	-64.6%	18,1 k €	-88.1%	152,6 k €	+3994%	3,7 k €	-17.5%	4,5 k €	+6.1%	4,3 k €	-30.0%	6,1 k €	+104%	3 k €	-80.1%	15 k €	+29.3%	11,6 k €	-63.3%	31,6 k €
Debts	1,7 M €	+48.1%	1,1 M €	-23.5%	1,5 M €	-19.1%	1,8 M €	-14.1%	2,2 M €	-25.6%	2,9 M €	+116%	1,3 M €	-19.5%	1,7 M €	+48.1%	1,1 M €	+770%	129,1 k €	-64.4%	362,4 k €	-72.9%	1,3 M €	-74.6%	5,3 M €	+3.0%	5,1 M €	+1.8%	5 M €	-14.2%	5,8 M €	+17.1%	5 M €
Other
Workforce	–		–		–		–		–		2,0 ETP	-16.7%	2,4 ETP	-17.2%	2,9 ETP	-3.3%	3,0 ETP	+42.9%	2,1 ETP	+5.0%	2,0 ETP	0.0%	2,0 ETP	+11.1%	1,8 ETP	+800%	0,2 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Cornelis VAN BERKEL

Managing director · since 19 mai 2022 · until 19 mai 2027

Active

Linda Van Berkel

Managing director · since 19 mai 2022 · until 19 mai 2027

Active

Ended mandates

Cornelis van Berkel

Managing director · since 15 juin 2016 · until 15 juin 2022

Ended

Linda van Berkel

Managing director · since 15 juin 2016 · until 15 juin 2022

Ended

Linda van Berkel

Managing director · since 16 octobre 2015

Ended

BV CVB Ecologistics

Director · until 16 octobre 2015

Represented by Cornelis van Berkel

Ended

Annual accounts

Full financial information

	2025	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2025	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/07/2026	10/07/2024	12/07/2023	08/07/2022	30/08/2021	09/09/2020
General meeting	20/07/2026	30/06/2024	30/06/2023	19/05/2022	30/06/2021	31/07/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/07/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	10/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	12/07/2023	Dutch	PDF
Abridged model	31/12/2021	19/05/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	31/07/2020	09/09/2020	Dutch	PDF
Abridged model	31/12/2018	27/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	26/09/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	31/07/2017	Dutch	PDF
Full model	31/12/2015	15/06/2016	30/06/2016	Dutch	PDF
Full model	31/12/2014	21/05/2015	11/08/2015	Dutch	PDF
Full model	31/12/2013	15/05/2014	17/07/2014	Dutch	PDF
Full model	31/12/2012	16/05/2013	20/08/2013	Dutch	PDF
Full model	31/12/2011	18/05/2012	17/08/2012	Dutch	PDF
Full model	31/12/2010	19/05/2011	25/07/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	24/06/2010	Dutch	PDF
Abridged model	31/12/2008	21/05/2009	15/07/2009	Dutch	PDF
Abridged model	31/12/2007	15/05/2008	03/07/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Cornelis VAN BERKEL

Managing director · since 19 mai 2022 · until 19 mai 2027

Active

Linda Van Berkel

Managing director · since 19 mai 2022 · until 19 mai 2027

Active

Ended mandates

Cornelis van Berkel

Managing director · since 15 juin 2016 · until 15 juin 2022

Ended

Linda van Berkel

Managing director · since 15 juin 2016 · until 15 juin 2022

Ended

Linda van Berkel

Managing director · since 16 octobre 2015

Ended

BV CVB Ecologistics

Director · until 16 octobre 2015

Represented by Cornelis van Berkel

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/12/2003
DEMISSIONS, NOMINATIONS
PDF
Registered office10/09/2002
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025250,1 k €↑
2023
Annual accounts 2023230 k €↑
2022
Annual accounts 2022-780,1 k €↑
2021
Annual accounts 2021-1,3 M €↓
2020
Annual accounts 2020220,2 k €↓
2019
Annual accounts 2019684,6 k €↑
2018
Annual accounts 2018-74,4 k €↓
2017
Annual accounts 2017-33,2 k €↓
2016
Annual accounts 2016446,5 k €↓
2013
Annual accounts 2013922,1 k €↑
2012
Annual accounts 20126,7 k €↓
2011
Annual accounts 20114 M €↑
2010
Annual accounts 2010201,7 k €↑
2009
Annual accounts 2009113,7 k €↓
2008
Annual accounts 2008584,5 k €↑
2007
Annual accounts 2007-44,3 k €↑
2006
Annual accounts 2006-123,2 k €
27/04/1994
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RECYCLING CVB

Overview

What does RECYCLING CVB do?

Trend over 17 financial years

Indicative valuation

Board of directors

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