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VAN LOO PROJECTS

Active Public limited companyfounded 1991active for 35 yearsCorbeillestraat 40, 2235 HulshoutKBO/BCE: BE 0442.854.686 subsidiary of Smart Recycling Partners#1 employer in Hulshout, Construction sector
Part of the group Smart Recycling Partners 11 companies
See the group

Annual accounts 2025

full format, filed on 29-07-2026, 2 days before the deadline
€44.7m
▲ 27.8%
€1.6m
▼ 60.4%
€4.4m
▼ 23.6%
€3.9m
▼ 17.4%
33.1%
▼ 0.4 percentage points
1.48
▲ 0.06

Money flows

of every €100 of turnover, €2.50 remains as profit in 2025

Balance sheet

balance sheet total €20.8m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

33.1%

Higher than 37% of 2,463 companies in 2025.

1.48

Higher than 43% of 2,436 companies in 2025.

5.4%

Higher than 55% of 2,454 companies in 2025.

VAN LOO PROJECTS Middle half of the sector 80% of the sector Full accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

Men and women10% women

35.4 men and 3.9 women in full-time equivalents in 2025.

€120,753

Men €121,873, women €110,584 per full-time equivalent. Jobs differ, so this is not a pay gap.

-4 people

people who joined people who left

In 2025, 16 people joined and 20 left. Training hours in 2025: 4.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201520142013201220112010200920082007
Balance sheet: assets
20/58 20.8m17.2m18.7m18.7m18.5m22.2m22.5m19.7m17.9m13.8m12.2m11.8m8.7m9.0m9.6m7.5m8.4m5.9m
21/28 4.0m4.2m5.1m5.3m3.8m3.2m3.8m3.2m-2.2m2.9m1.7m1.9m1.7m1.7m1.9m1.9m1.2m
21 ----------------6522,177
22/27 4.0m4.2m5.1m5.3m3.8m3.2m3.8m3.2m3.3m2.2m2.9m1.7m1.9m1.7m1.7m1.4m1.9m1.2m
22 3731,1251,6252,1252,6253,1253,6256,2406,8302,3702,4602,5502,6402,7302,8208,730--
23 729,066598,855554,059572,743402,903418,634664,604736,836614,679610,813844,346488,813649,944462,158548,267263,429377,639429,117
24 127,463208,058173,005309,768383,752562,448759,517564,182470,040327,025306,297563,384465,676484,674539,288437,645583,123358,950
25 3.0m3.3m4.3m4.5m----2.2m---------
27 156,65941,790----------------
28 9459459459459451,1191,1194,1194,094-----990500,990990990
280/1 ---------------500,000--
281 ---------------500,000--
282/3 ----0-------------
284/8 9459459459459451,1191,1194,1194,094-----990990990990
284 ----0174174174149---------
285/8 9459459459459459459453,9453,945-----990990990990
29/58 16.7m13.0m13.6m13.3m14.7m19.0m18.7m16.4m14.6m11.6m9.2m10.1m6.8m7.3m7.8m5.6m6.5m4.7m
29 -0530,961536,094340,57326,79535,72041,075500,000500,000500,000500,000500,000500,000500,000---
291 -0530,961536,094340,57326,79535,72041,075500,000500,000500,000500,000500,000500,000500,000---
3 1.7m1.2m1.4m1.3m892,8272.3m480,837212,529424,53670,300272,646374,984148,004226,397468,924328,304196,029388,843
30/36 -------------14,53814,53813,03415,357160,357
34 -------------14,53814,53813,03415,35715,357
35 -----------------145,000
37 1.7m1.2m1.4m1.3m892,8272.3m480,837212,529424,53670,300272,646374,984148,004211,859454,386315,270180,671228,486
40/41 13.1m10.3m8.9m10.6m12.4m15.1m16.1m13.3m12.0m9.4m8.0m8.0m5.1m5.7m6.7m4.6m6.2m4.0m
40 7.8m9.6m8.3m9.9m7.4m8.3m8.1m4.9m8.0m6.3m5.2m5.4m4.4m4.9m5.3m3.7m5.0m3.3m
41 5.3m639,867623,409742,8855.0m6.8m8.0m8.4m4.0m3.0m2.8m2.6m623,337746,9191.4m847,8191.2m722,554
54/58 1.6m1.5m2.7m896,1261.1m1.5m2.1m2.9m1.6m1.7m452,8591.2m1.1m894,530150,264635,071115,315226,518
490/1 314,2085,25811,956-----71,1413,7432,0681,7021,75323,6255,316---
Balance sheet: equity and liabilities
10/49 20.8m17.2m18.7m18.7m18.5m22.2m22.5m19.7m17.9m13.8m12.2m11.8m8.7m9.0m9.6m7.5m8.4m5.9m
10/15 6.9m5.8m4.1m4.0m3.9m4.7m4.6m4.9m5.5m4.4m4.2m4.2m4.2m3.4m2.9m2.7m2.2m1.7m
10/11 62,00062,00062,00062,00062,00062,00062,00062,000-62,00062,00062,00062,00062,00062,00062,00062,00062,000
10 62,00062,00062,00062,000----62,000---------
100 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
13 699,847144,127144,127167,347247,711337,127327,489215,314144,127144,127144,127144,127144,127144,127144,127144,127144,12779,627
130/1 6,2006,2006,2006,2006,200-------------
130 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
132 657,720102,000102,000125,220205,584294,999285,361173,187102,000102,000102,000102,000102,000102,000102,000102,000102,00037,500
133 35,92735,92735,92735,92735,92735,92735,92735,92735,92735,92735,92735,92735,92735,92735,92735,92735,92735,927
14 6.1m5.6m3.9m3.7m3.6m4.3m4.2m4.7m5.3m4.2m4.0m3.9m4.0m3.2m2.6m2.5m1.9m1.6m
16 --07,74034,528616,795590,836521,910464,622---------
160/5 ----0552,462523,182493,902464,622---------
162 -------493,902464,622---------
164/5 ----0552,462523,182-----------
168 --07,74034,52864,33367,65528,008----------
17/49 13.9m11.4m14.6m14.7m14.6m16.8m17.3m14.2m11.9m9.5m7.9m7.7m4.6m5.6m6.7m4.8m6.3m4.2m
17 2.0m1.6m2.6m2.9m2.0m1.5m1.6m1.4m1.5m604,4491.2m149,773292,748417,769582,588619,996968,785543,313
170/4 2.0m1.6m2.6m2.9m2.0m1.5m1.6m1.4m1.5m604,4491.2m149,773292,748417,769582,588619,996968,785543,313
172 2.0m1.6m2.6m2.9m2.0m1.5m1.6m1.4m1.5m570,4051.1m91,439273,512337,984436,018619,996936,715422,893
173 ---------34,044103,64458,33319,23679,786146,570-32,070120,420
42/48 11.3m9.2m11.3m11.1m11.3m14.3m14.1m10.9m8.8m8.1m6.7m7.5m4.1m5.1m6.1m4.1m5.0m3.6m
42 1.1m1.8m1.6m1.8m2.0m1.5m3.5m996,977778,506549,500594,430364,569492,872680,129656,582433,415473,617325,207
43 2.6m456,000400,000400,0000400,000-1.5m900,0001.4m1.4m1.7m580,692482,371--533,333334,536
430/8 2.6m456,000400,000400,0000400,000-1.5m900,0001.4m1.4m1.7m580,692482,371--533,333334,536
44 7.2m6.5m6.5m7.1m5.5m10.3m7.8m5.6m6.7m5.3m3.6m4.4m2.6m3.5m5.0m3.2m3.5m2.5m
440/4 7.2m6.5m6.5m7.1m5.5m10.3m7.8m5.6m6.7m5.3m3.6m4.4m2.6m3.5m5.0m3.2m3.5m2.5m
46 --------50,00050,000-----112,000--
45 190,892388,343449,857190,567231,602218,562297,394250,021319,551263,851214,376206,363227,404217,607215,598166,580148,581172,724
450/3 33,727125,320248,92423,62123,56228,999-37,385107,42146,27119,38023,36126,34723,37422,19222,23314,86658,431
454/9 157,165263,023200,933166,946208,041189,564297,394212,636212,130217,580194,996183,002201,057194,233193,406144,347133,715114,294
47/48 132,00002.4m1.6m3.6m1.9m2.6m2.6m83,230576,082839,707790,337176,743255,857198,251164,391333,718336,990
492/3 647,000647,000673,627753,2311.3m1.1m1.6m1.9m1.6m719,530120,87216,060204,06141,68372,92973,314285,945-
Income statement
70/76A 46.0m35.0m32.8m33.4m29.0m30.6m29.2m30.1m-24.9m20.2m17.7m22.9m20.1m19.4m16.0m16.7m27.5m
70 44.7m35.0m32.2m32.2m30.0m28.4m28.4m29.9m42.0m25.0m20.3m17.4m22.9m20.3m19.2m15.8m16.7m26.6m
71 520,136-216,811157,141386,815-1.4m1.9m268,309-212,008331,191-202,346-102,338226,980-63,855-242,527127,313134,599-47,815150,933
74 466,113177,395319,905226,663----148,279---------
76A 316,45349,500104,064560,319228,709185,650294,028224,664-51,750175,000186,15050,00056,303120,826190,555128,956229,211
60/66A 44.3m30.9m30.6m31.3m25.4m27.9m26.1m27.1m-23.9m19.2m17.0m21.2m19.0m19.0m15.3m15.6m24.9m
60 30.4m20.2m20.4m23.1m18.0m19.8m16.9m16.8m27.5m17.1m13.0m11.2m15.0m13.7m13.8m10.7m11.5m18.5m
600/8 30.4m20.2m20.4m23.1m18.0m19.8m16.9m16.8m27.5m17.1m13.0m11.2m15.0m13.7m13.8m10.7m11.3m17.3m
609 ------------14,538--1,5042,323145,0001.2m
61 6.4m4.5m4.6m3.6m3.3m3.1m4.2m6.0m6.2m3.5m3.3m2.8m3.2m2.6m2.6m2.0m2.0m3.1m
62 4.7m4.5m2.9m2.7m2.8m2.8m2.8m2.5m4.0m2.0m1.8m1.6m1.8m1.7m1.7m1.6m1.2m1.8m
630 2.8m1.7m1.9m1.8m1.8m2.2m2.0m1.8m2.5m1.2m1.1m969,108916,386764,350834,794998,320789,8411.3m
631/4 -101,7500691,3260-89,081-77,200-21,338-127,509142,54347,875269,057171,721117,551-2,536-32,984-
635/8 ---0-552,46229,28029,28029,280----------
640/8 180,46468,35850,12379,762163,699144,177104,60834,79876,05953,60340,21345,69543,64063,17859,16638,17847,32251,451
66A -030------62,720---19,086-1,05841,30110,830
9901 1.6m4.1m2.2m2.1m3.6m2.7m3.1m3.0m1.5m990,3021.0m762,2661.6m1.1m318,497691,4171.1m2.6m
75/76B 112,96076,07617,11326,64341,66481,45456,34863,838-64,15062,61840,96446,76050,90742,29211,0346,3309,213
75 112,96076,07617,11326,64341,66481,45456,34863,83889,91164,15062,61840,96446,76050,90742,29211,0346,3309,213
751 111,68975,48215,25921,69040,12579,90336,71755,60349,99052,90658,80633,14244,19146,77941,28310,1835,4732,228
752/9 1,2705941,8544,9531,5391,55119,6328,23539,92111,2443,8127,8232,5704,1281,0098518576,985
65/66B 227,591115,929128,41588,39881,98073,92480,22979,445-100,058103,33573,946106,819117,817114,895113,48193,723178,048
65 227,591115,929128,41588,39881,98073,92480,22979,445177,753100,058103,33573,946106,819117,817114,895113,48193,723178,048
650 176,57385,08996,78046,29338,18634,45435,02733,57972,77362,06757,08028,47664,23778,31669,15693,18874,830147,268
652/9 51,01830,84031,63542,10543,79439,47045,20245,866104,98037,99146,25545,47042,58239,50145,73920,29318,89230,780
9903 1.5m4.0m2.1m2.1m3.5m2.7m3.0m3.0m1.7m943,4251.1m915,4351.6m1.0m366,720778,4661.1m2.6m
780 -07,74026,788--------------
67/77 386,780999,656524,357487,441900,384755,675879,1211.0m573,687294,210373,730290,149554,007330,596104,274193,086352,994910,512
670/3 386,7801.0m524,500489,000900,384755,675880,0001.0m574,000298,284375,194290,238554,074330,596104,274253,340354,674912,712
77 03441431,559-08797463134,0741,4649067--60,2541,6802,200
9904 1.1m3.0m1.6m1.6m2.6m2.0m2.1m1.9m1.1m649,215773,566625,2861.1m690,884262,446585,380760,3801.7m
789 -023,22080,36489,416125,93550,74834,856----------
689 555,720---0135,573162,922106,043--------64,500-
9905 559,6343.0m1.6m1.7m2.7m2.0m2.0m1.9m1.1m649,215773,566625,2861.1m690,884262,446585,380695,8801.7m
Appropriation of the result
9906 6.1m7.0m5.3m5.2m7.1m6.1m6.7m7.2m5.3m4.7m4.7m4.6m4.3m3.3m2.8m2.5m2.3m1.8m
14P 5.6m3.9m3.7m3.6m----4.2m---------
691/2 ----------------171,596-
6921 ----------------171,596-
694/7 01.4m1.4m1.5m3.5m1.8m2.5m2.5m-500,000700,000650,000300,000150,000150,000-150,000185,000
694 01.4m1.4m1.5m3.5m1.8m2.5m2.5m-500,000700,000650,000300,000150,000150,000-150,000185,000
Social balance sheet
9087 39.338.338.941.942.645.947.142.938.834.431.430.135.134.732.631.624.921.6
Men (FTE)1003 35.434.435.238.339.442.844.239.6-32.328.627.3------
Women (FTE)1003 3.93.93.73.63.23.12.93.3-2.12.82.8------
Agency workers1501 -0.1----0.30.2---------0.3
Hours worked1013 108,01167,02570,51372,19975,95774,05677,99170,579-57,34650,92448,06955,26456,08452,80853,80839,38063,540
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 84 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 29-07-2026 2026-00349341 PDF
30-06-2024 full format 23-12-2024 2024-00627356 PDF
30-06-2023 full format 17-01-2024 2024-00003657 PDF
30-06-2022 full format 26-01-2023 2023-00004960 PDF
30-06-2021 full format 31-01-2022 2022-03500027 PDF
30-06-2020 full format 21-01-2021 2021-02100467 PDF
30-06-2019 full format 17-01-2020 2020-01600471 PDF
30-06-2018 full format 15-02-2019 2019-05200327 PDF
30-06-2017 full format 14-02-2018 2018-04900346 PDF
31-08-2015 full format 11-03-2016 2016-06200300 PDF
31-08-2014 full format 24-02-2015 2015-04700568 PDF
31-08-2013 full format 27-03-2014 2014-07600546 PDF
31-08-2012 full format 07-03-2013 2013-05800488 PDF
31-08-2011 full format 05-03-2012 2012-05500376 PDF
31-08-2010 full format 11-03-2011 2011-05600561 PDF
31-08-2009 full format 15-02-2010 2010-04500295 PDF
31-08-2008 full format 25-03-2009 2009-08800022 PDF
31-08-2007 full format 14-01-2008 2008-01500053 PDF
30-09-2005 abbreviated format 20-03-2006 2006-07503534 PDF
30-09-2004 abbreviated format 29-03-2005 2005-09200439 PDF
30-09-2003 abbreviated format 25-03-2004 2004-08803813 PDF
30-09-2002 abbreviated format 26-05-2003 2003-17605339 PDF
30-09-2001 abbreviated format 18-03-2002 2002-06300258 PDF
30-09-2000 abbreviated format 26-03-2001 2001-07300089 PDF
30-09-1999 abbreviated format 14-03-2000 2000-06300011 PDF
30-09-1998 abbreviated format 18-03-1999 1999-04904964 PDF
30-09-1997 abbreviated format 18-03-1998 1998-04700579 PDF
30-09-1996 abbreviated format 18-03-1997 1997-03700857 PDF
30-09-1995 abbreviated format 27-03-1996 1996-04504155 PDF
30-09-1994 abbreviated format 30-03-1995 1995-04801400 PDF
30-09-1993 abbreviated format 29-03-1994 1994-05101854 PDF
30-09-1992 abbreviated format 19-04-1993 1993-05505302 PDF

Subsidies and aid

Flemish government 2022, 1 entry, €113 awarded, €113 paid

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201520142013201220112010200920082007
4.4m5.7m4.1m3.9m5.3m4.9m5.1m4.7m4.0m2.2m2.1m1.7m2.6m1.8m1.2m1.7m1.9m3.9m
3.9m4.7m3.5m3.4m4.4m4.2m4.2m3.7m3.7m1.8m1.9m1.6m2.0m1.5m1.1m1.6m1.6m3.1m
2.6m759,2281.7m3.4m2.5m1.6m2.6m1.9m3.6m483,5672.3m757,6641.2m760,6851.2m495,8791.9m2.4m
75,655-1.2m1.8m-165,998-452,534-620,391-762,3691.3m-1.2m-720,78377,310201,801744,267-484,807519,756-111,202-
5.5m3.9m2.3m2.3m3.3m4.7m4.6m5.5m5.8m3.5m2.6m2.6m2.7m2.2m1.8m1.5m1.5m1.0m
3.6%11.7%6.8%6.6%11.8%9.6%10.8%9.9%3.5%4.0%5.0%4.4%7.2%5.2%1.7%4.4%6.7%9.7%
33.1%33.6%22.0%21.2%20.9%21.3%20.3%25.1%30.8%31.6%34.8%35.1%47.8%37.8%29.8%36.5%25.6%29.2%
1.481.421.201.201.291.331.321.501.651.421.391.341.671.421.291.371.291.28
1.331.291.081.091.221.171.291.491.611.421.351.291.631.381.221.291.251.18
2.021.983.543.713.783.563.802.872.162.161.881.851.091.652.351.742.902.43
16.2%52.7%37.8%40.3%68.2%41.7%46.4%39.1%20.6%14.8%18.3%15.1%26.0%20.4%9.2%21.4%35.3%100.5%
5.4%17.7%8.3%8.5%14.3%8.9%9.4%9.8%6.3%4.7%6.4%5.3%12.4%7.7%2.7%7.8%9.0%29.3%
24.8367.4842.3683.99over 100over 100over 100over 10055.3234.7236.6860.8039.9423.1816.6818.1325.4326.64
64 days100 days94 days112 days90 days107 days104 days60 days69 days92 days94 days114 days71 days88 days101 days87 days108 days45 days
71 days96 days94 days97 days95 days165 days134 days90 days72 days94 days81 days115 days52 days78 days111 days92 days95 days41 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202530-06-202430-06-202330-06-2022
Employees at the balance-sheet date37414043
full-time34383740
part-time3333
in full-time equivalents36.540.139.142.1
39.338.338.941.9
On a permanent contract37403943
Joined16876
Left207106
Agency workers, average number-0.1--
Training hours445--

Source: social balance sheet in the 2022 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item202530-06-202430-06-202330-06-2022
€2.9m---
Mandates to pledge the business€3.7m---

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item202530-06-202430-06-202330-06-2022
Tangible fixed assets€2.6m€759,228€1.7m€3.4m
€2.8m€1.7m€1.9m€1.8m

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is Finvision Bedrijfsrevisoren.

Item202530-06-202430-06-202330-06-2022
Fee for the audit€10,629€10,000€6,750€6,750

Source: notes to the 2022 to 2025 annual accounts (relations with the auditor)

Public contracts

1 award · 2025
Desguinlei 33 2018 Antwerpen - Sloop dienstgebouw: V03981 - 1
buyer: Autonoom Gemeentebedrijf voor Vastgoedbeheer en Stadsprojecten AntwerpenConstruction workawarded 22-12-2025€494,2999 tendersTED 611590-2026

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on VAN LOO PROJECTS

The operating result for 2025 is 60% lower than in 2024 and the lowest since 2017.

Debt's share of the balance-sheet total rises from 66.4% to 66.9%. Equity and debt are higher.

Large changes and their cause
  • 2025 Net result -63% on 2024. This financial year ran 18 months, the previous one 12.

Next steps