ACTIVE

REUSE TRADING

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Financial year 2025 · Closed on 31/12/2025

Net result3,7 M €+195,9 %over 1 year

Revenue247,7 M €+71,9 %over 1 year

Equity15,9 M €+16,6 %over 1 year

Workforce30,7 ETP+13,3 %over 1 year

Identity

Source · BCE/KBO

REUSE TRADING is a Public limited company incorporated in 2015. Its main activity is: Wholesale of other household goods. Its registered office is in Antwerpen. It employs on average 30,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0627.682.941
Incorporation: 30/03/2015
Legal form: Public limited company
Registered office: Te Boelaarlei 37
2140 Antwerpen · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 30,7 ETP

Activities (NACE)

46499Wholesale of other household goods· main 46499Wholesale of other household goods 46751Wholesale of chemical products 46851Wholesale trade, except of motor vehicles and motorcycles

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 11 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	247,7 M €	+71.9%	144,1 M €	-4.2%	150,5 M €	-10.9%	168,9 M €	+50.3%	112,4 M €
EBITDA	9,3 M €	+99.9%	4,7 M €	-44.3%	8,3 M €	-10.7%	9,3 M €	+161%	3,6 M €
Operating result	8,1 M €	+77.2%	4,6 M €	-41.2%	7,7 M €	-14.4%	9 M €	+178%	3,3 M €
Net result	3,7 M €	+196%	1,2 M €	-73.1%	4,6 M €	-20.5%	5,8 M €	+198%	1,9 M €
Balance sheet
Equity	15,9 M €	+16.6%	13,7 M €	+4.9%	13 M €	+44.4%	9 M €	+136%	3,8 M €
Total assets	56,5 M €	+11.4%	50,7 M €	-11.0%	57 M €	+16.5%	49 M €	+38.9%	35,2 M €
Cash	156 k €	-91.3%	1,8 M €	+359%	390,6 k €	+53.7%	254,1 k €	+191%	87,3 k €
Debts	40,6 M €	+12.1%	36,2 M €	-17.4%	43,9 M €	+12.7%	38,9 M €	+25.4%	31 M €
Other
Workforce	30,7 ETP	+13.3%	27,1 ETP	+24.9%	21,7 ETP	+31.5%	16,5 ETP	+15.4%	14,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
REUSE0404.543.547Represented by Jeremy Delafosse	Director26/04/2023 → 26/04/2027
GAME OF TRADES0730.714.658Represented by Tomas Steppe	Gedeleerd bestuurder26/04/2024 → 26/04/2027Managing director26/04/2023 → 2024 accountsended
Simon Delcroix	Director26/04/2022 → 26/04/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Antoine Thomas	Director26/04/2021 → 2022 accounts
Balguerie Gestion et Participation (BGP) SAS BORepresented by Patrick Thomas	Director26/04/2021 → 2022 accounts
Balguerie Gestion et Participation BORepresented by Patrick Thomas	Director26/04/2021 → 2021 accounts
Edouard Balguerie	Director26/04/2021 → 2021 accounts

Other companies at this address

Te Boelaarlei 37 2140 Antwerpen

Company	CBE no.
GAME OF TRADES● Active	0730.714.658
GIANT Logistics● Bankrupt	0759.772.294
KONSULT● Liquidation	0434.868.321
REUSE● Active	0404.543.547
Reuse Groep● Active	0792.551.663
Reuse Immo● Active	0763.451.663

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	29/04/2026	21/05/2025	29/05/2024	25/05/2023	20/05/2022	25/05/2021
General meeting	27/04/2026	28/04/2025	26/04/2024	26/04/2023	26/04/2022	26/04/2021
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, 11 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/04/2026	29/04/2026	Dutch	PDF
Full model	31/12/2024	28/04/2025	21/05/2025	Dutch	PDF
Full model	31/12/2023	26/04/2024	29/05/2024	Dutch	PDF
Full model	31/12/2022	26/04/2023	25/05/2023	Dutch	PDF
Full model	31/12/2021	26/04/2022	20/05/2022	Dutch	PDF
Full model	31/12/2020	26/04/2021	25/05/2021	Dutch	PDF
Full model	31/12/2019	15/06/2020	07/07/2020	Dutch	PDF
Full model	31/12/2018	26/04/2019	22/05/2019	Dutch	PDF
Full model	31/12/2017	26/04/2018	24/05/2018	Dutch	PDF
Full model	31/12/2016	27/04/2017	29/05/2017	Dutch	PDF
Full model	31/12/2015	28/04/2016	26/05/2016	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
REUSE0404.543.547Represented by Jeremy Delafosse	Director26/04/2023 → 26/04/2027
GAME OF TRADES0730.714.658Represented by Tomas Steppe	Gedeleerd bestuurder26/04/2024 → 26/04/2027Managing director26/04/2023 → 2024 accountsended
Simon Delcroix	Director26/04/2022 → 26/04/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Antoine Thomas	Director26/04/2021 → 2022 accounts
Balguerie Gestion et Participation (BGP) SAS BORepresented by Patrick Thomas	Director26/04/2021 → 2022 accounts
Balguerie Gestion et Participation BORepresented by Patrick Thomas	Director26/04/2021 → 2021 accounts
Edouard Balguerie	Director26/04/2021 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other29/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/03/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates14/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other01/04/2015
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings11 filings

Mandates

REUSE

GAME OF TRADES

Simon Delcroix

Balguerie Gestion et Participation (BGP) SAS BO

Balguerie Gestion et Participation BO

Xavier Lassalle

Antoine Thomas

Steppe Tomas

Jeremy Delafosse

Edouard Balguerie

2015201620172018201920202021202220232024202520262027

REUSE TRADING

Te Boelaarlei 37, 2600 Berchem (Antwerp)Te Boelaerlei 37, 2140 Borgerhout (Antwerp)

Director

Gedeleerd bestuurderManaging director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Te Boelaarlei 37, 2140 Borgerhout (Antwerp)Current		CBE
Te Boelaarlei 37, 2600 Berchem (Antwerp)	accounts 2024 → 2025	Accounts 2025 · 2026-00098576
Te Boelaerlei 37, 2140 Borgerhout (Antwerp)	accounts 2021 → 2023	Accounts 2023 · 2024-00113541

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
REUSE TRADINGCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00098576

Events

2025
Annual accounts 20253,7 M €↑
2024
Annual accounts 20241,2 M €↓
09/09/2024
reconductionSimon DELCROIX · bestuurder
09/09/2024
reconductionGAME OF TRADES BV · bestuurder
09/09/2024
reconductionREUSE NV · bestuurder
09/09/2024
reconductionGRANT THORNTON BEDRIJFSREVISOREN BV · commissaris
09/09/2024
reconductionGAME OF TRADES BV · gedelegeerd bestuurder
2023
Annual accounts 20234,6 M €↓
26/04/2023
nominationGAME OF TRADES BV · bestuurder
26/04/2023
nominationREUSE NV · bestuurder
2022
Annual accounts 20225,8 M €↑
26/04/2022
nominationSimon DELCROIX · bestuurder
2021
Annual accounts 20211,9 M €↑
2020
Annual accounts 2020829,2 k €↑
2019
Annual accounts 2019638,9 k €↑
2018
Annual accounts 2018604 k €↑
2017
Annual accounts 2017198,3 k €↑
2016
Annual accounts 2016108,3 k €↑
2015
Annual accounts 2015107,9 k €
30/03/2015
IncorporationPublic limited company

REUSE TRADING

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

Registered offices

Company names

Events