ACTIVE

2Brec

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Financial year 2026 · Closed on 31/03/2026

Net result823,5 k €+49,6 %over 1 year
Revenue108,7 M €+10,1 %over 1 year
Equity3 M €+37,4 %over 1 year
Workforce2,5 ETP+8,7 %over 1 year

Identity

Source · BCE/KBO

2Brec is a Private limited company incorporated in 2012. Its main activity is: Wholesale of waste and scrap. Its registered office is in Balen. It employs on average 2,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0846.585.217
Incorporation
12/06/2012
Legal form
Private limited company
Registered office
Gustaaf Woutersstraat 11
2490 Balen · FlandreSee on map
Contributed capital
20 460,00 €
Latest accounts
31/03/2026
Average workforce
2,5 ETP
Joint committees (2)
  • 226
  • 22600
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20262025202420232022
Income statement
Revenue108,7 M €98,7 M €77,3 M €82,4 M €89,1 M €
EBITDA1,9 M €1,3 M €810,1 k €1,2 M €1,1 M €
Operating result1,8 M €1,3 M €760,6 k €1,2 M €1,1 M €
Net result823,5 k €550,5 k €381,3 k €857,9 k €747,6 k €
Balance sheet
Equity3 M €2,2 M €2,3 M €2,1 M €2,2 M €
Total assets15,3 M €15,7 M €17,2 M €12,5 M €11,7 M €
Cash1,7 M €3,4 M €2,7 M €429,4 k €16,3 k €
Debts12 M €13,3 M €13,3 M €10,3 M €9,3 M €
Other
Workforce2,5 ETP2,3 ETP1,6 ETP1,6 ETP1,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Paul Veulemans
Directorsince 29/09/2017
Wim Geukens
Directorsince 12/06/2012Manager12/06/2012 → 2018 accountsended

Full financial information

Source · NBB
202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/10/202631/10/202531/10/202423/10/202328/10/202207/10/2021
General meeting05/10/202629/10/202530/10/202420/10/202327/10/202215/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202605/10/202620/10/2026DutchPDF
Full model31/03/202529/10/202531/10/2025DutchPDF
Full model31/03/202430/10/202431/10/2024DutchPDF
Full model31/03/202320/10/202323/10/2023DutchPDF
Full model31/03/202227/10/202228/10/2022DutchPDF
Abridged model31/03/202115/09/202107/10/2021DutchPDF
Abridged model31/03/202016/09/202008/10/2020DutchPDF
Abridged model31/03/201918/09/201921/10/2019DutchPDF
Abridged model31/03/201819/09/201822/10/2018DutchPDF
Abridged model31/03/201720/09/201702/10/2017DutchPDF
Abridged model31/03/201621/09/201602/11/2016DutchPDF
Abridged model31/03/201516/09/201521/09/2015DutchPDF
Abridged model31/03/201417/09/201403/10/2014DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/03/2026

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Paul Veulemans
Directorsince 29/09/2017
Wim Geukens
Directorsince 12/06/2012Manager12/06/2012 → 2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates25/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/11/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other25/06/2012
    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

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings13 filings
Mandates
Paul Veulemans
Wim Geukens
201220132014201520162017201820192020202120222023202420252026
2Brec
Gustaaf Woutersstraat 11, 2490 Balen
Director
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Gustaaf Woutersstraat 11, 2490 BalenCurrent
accounts 2022 → 2026
Accounts 2026 · 2026-00569908

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
2BrecCurrent
accounts 2022 → 2026
Accounts 2026 · 2026-00569908

Events

  1. 2026
    Annual accounts 2026823,5 k €↑
  2. 2025
    Annual accounts 2025550,5 k €↑
  3. 2024
    Annual accounts 2024381,3 k €↓
  4. 2023
    Annual accounts 2023857,9 k €↑
  5. 2022
    Annual accounts 2022747,6 k €↓
  6. 2021
    Annual accounts 2021954,3 k €↑
  7. 2020
    Annual accounts 2020-105,7 k €↓
  8. 2019
    Annual accounts 201984,3 k €↑
  9. 2018
    Annual accounts 201848,3 k €↑
  10. 2017
    Annual accounts 201734,2 k €↓
  11. 2016
    Annual accounts 201687 k €↑
  12. 2015
    Annual accounts 201576,5 k €↓
  13. 2014
    Annual accounts 2014278 k €
  14. 12/06/2012
    IncorporationPrivate limited company