ACTIVE

VRS Recycling

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Financial year 2025 · Closed on 30/09/2025

Net result25,1 k €-85,6 %over 1 year
Gross margin486,2 k €-14,1 %over 1 year
Equity1 M €+2,6 %over 1 year
Workforce5,0 ETP+38,9 %over 1 year

Identity

Source · BCE/KBO

VRS Recycling is a Private limited company incorporated in 2019. Its registered office is in Herentals. It employs on average 5,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0732.949.123
Incorporation
28/08/2019
Legal form
Private limited company
Registered office
Hannekenshoek(HRT) 14
2200 Herentals · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
30/09/2025
Average workforce
5,0 ETP
Joint committees (1)
  • 209
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin486,2 k €566,3 k €730 k €395,8 k €210,3 k €
EBITDA64,3 k €235,4 k €543,2 k €328,4 k €166,5 k €
Operating result61,1 k €232,2 k €542,3 k €328,4 k €166,5 k €
Net result25,1 k €174,4 k €408,3 k €249,8 k €125,7 k €
Balance sheet
Equity1 M €983,2 k €808,8 k €400,5 k €150,7 k €
Total assets3,9 M €2,8 M €2,4 M €1,2 M €1,4 M €
Cash609,2 k €315,2 k €319,9 k €397,9 k €212,4 k €
Debts2,8 M €1,8 M €1,6 M €759,7 k €1,2 M €
Other
Workforce5,0 ETP3,6 ETP1,8 ETP1,0 ETP0,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 3 ended

Active mandates

Steven Van Roy

Director

Active

Ended mandates

Steven Van Roy

Director · since 30 août 2019

Ended
Steven VAN ROY

Director · since 28 août 2019

Ended
Steven Van Roy

Director · since 22 août 2019

Ended

Other companies at this address

Hannekenshoek(HRT) 14 2200 Herentals
CompanyCBE no.
VAN ROY STEVEN INVEST● Active
0740.545.807

Full financial information

Source · NBB
20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/04/202201/04/202128/08/2019
Closing of the financial year30/09/202530/09/202430/09/202331/03/202231/03/2021
Length of the financial year12 months12 months18 months12 months20 months
Filing date30/04/202630/04/202530/04/202428/10/202226/10/2021
General meeting30/03/202631/03/202525/03/202430/09/202230/09/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202530/03/202630/04/2026DutchPDF
Abridged model30/09/202431/03/202530/04/2025DutchPDF
Abridged model30/09/202325/03/202430/04/2024DutchPDF
Abridged model31/03/202230/09/202228/10/2022DutchPDF
Abridged model31/03/202130/09/202126/10/2021DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 3 ended

Active mandates

Steven Van Roy

Director

Active

Ended mandates

Steven Van Roy

Director · since 30 août 2019

Ended
Steven VAN ROY

Director · since 28 août 2019

Ended
Steven Van Roy

Director · since 22 août 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other14/07/2022
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other30/08/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202525,1 k €↓
  2. 2024
    Annual accounts 2024174,4 k €↓
  3. 2023
    Annual accounts 2023408,3 k €↑
  4. 2022
    Annual accounts 2022249,8 k €↑
  5. 2021
    Annual accounts 2021125,7 k €
  6. 28/08/2019
    IncorporationPrivate limited company