ACTIVE

TERCOBEL

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Financial year 2025 · Closed on 31/12/2025

Net result-1,1 k €+24,8 %over 1 year

Gross margin-613,4 €+39,8 %over 1 year

Equity171,3 k €-0,6 %over 1 year

Identity

Source · BCE/KBO

TERCOBEL is a Public limited company incorporated in 1982. Its registered office is in Châtelet.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0422.892.878
Incorporation: 15/07/1982
Legal form: Public limited company
Registered office: Rivage de Boubier 25
6200 Châtelet · WallonieSee on map
Contributed capital: 198 314,82 €
Latest accounts: 31/12/2025

Signals

Solid equityLow riskGood liquidity

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-613,4 €	+39.8%	-1 k €	-33.2%	-765 €	+1.7%	-778 €	-34.4%	-579 €
EBITDA	-931,9 €	+29.8%	-1,3 k €	-25.1%	-1,1 k €	-1.2%	-1 k €	-81.2%	-579 €
Operating result	-931,9 €	+29.8%	-1,3 k €	-25.1%	-1,1 k €	-1.2%	-1 k €	-81.2%	-579 €
Net result	-1,1 k €	+24.8%	-1,5 k €	-22.0%	-1,2 k €	-1.1%	-1,2 k €	-60.5%	-747 €
Balance sheet
Equity	171,3 k €	-0.6%	172,5 k €	-0.8%	173,9 k €	-0.7%	175,1 k €	-0.7%	176,3 k €
Total assets	210,5 k €	+0.7%	209,1 k €	-1.3%	211,8 k €	+1.8%	208,1 k €	-0.6%	209,3 k €
Cash	2,6 k €	+112%	1,2 k €	-69.0%	4 k €	+1778%	213 €	-84.9%	1,4 k €
Debts	39,1 k €	+6.8%	36,6 k €	-3.4%	37,9 k €	+15.2%	32,9 k €	0.0%	32,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MAXIME GROSJEAN	Director01/04/2014 → 30/06/2029Mandate2023 accountsended
PHILIPPE GROSJEAN	Managing director30/06/2023 → 30/06/2029Mandate2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pascal SALADIN	Mandate2012 accountsDirectoruntil 01/04/2014

Other companies at this address

Rivage de Boubier 25 6200 Châtelet

Company	CBE no.
COMET FLUVIAL● Active	0479.984.407
Comet Group Holding● Active	1040.378.448
COMET RECHERCHES ET DEVELOPPEMENTS● Active	0898.671.049
COMETSAMBRE● Active	0436.206.426
COMET SERVICES● Active	0480.744.371
COMET TRAITEMENTS● Active	0477.841.596
COMET TYRE RECYCLING● Active	0475.073.732
COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES● Active	0869.734.860
IMMO AZUR● Active	0869.804.938
RECYMET● Active	0448.832.460
Rivage et Entrepôts de Châtelineau● Active	0401.610.880
VEHICLE & METAL RECYCLING● Active	0887.964.427

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Micro 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	26/06/2026	16/09/2025	06/08/2024	10/07/2023	07/06/2022	02/09/2021
General meeting	12/06/2026	30/06/2025	01/07/2024	30/06/2023	02/05/2022	03/05/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	12/06/2026	26/06/2026	French	PDF
Micro model	31/12/2024	30/06/2025	16/09/2025	French	PDF
Abridged model	31/12/2023	01/07/2024	06/08/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	10/07/2023	French	PDF
Abridged model	31/12/2021	02/05/2022	07/06/2022	French	PDF
Micro model	31/12/2020	03/05/2021	02/09/2021	French	PDF
Abridged model	31/12/2019	04/05/2020	31/03/2022	French	PDF
Abridged model	31/12/2018	02/05/2019	28/08/2019	French	PDF
Abridged model	31/12/2017	03/05/2018	16/07/2018	French	PDF
Abridged model	31/12/2016	02/05/2017	22/05/2017	French	PDF
Abridged model	31/12/2015	02/05/2016	07/07/2016	French	PDF
Abridged model	31/12/2014	04/05/2015	03/06/2015	French	PDF
Abridged model	31/12/2013	05/05/2014	05/06/2014	French	PDF
Abridged model	31/12/2012	02/05/2013	16/07/2013	French	PDF
Abridged model	31/12/2011	03/05/2012	16/07/2012	French	PDF
Abridged model	31/12/2010	05/05/2011	02/07/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	25/06/2010	French	PDF
Abridged model	31/12/2008	02/05/2009	28/07/2009	French	PDF
Abridged model	31/12/2007	02/05/2008	30/06/2008	French	PDF
Abridged model	31/12/2006	04/05/2007	21/05/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MAXIME GROSJEAN	Director01/04/2014 → 30/06/2029Mandate2023 accountsended
PHILIPPE GROSJEAN	Managing director30/06/2023 → 30/06/2029Mandate2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pascal SALADIN	Mandate2012 accountsDirectoruntil 01/04/2014

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/07/2023
NOMINATIONS STATUTAIRES
PDF
Mandates09/06/2017
NOMINATIONS STATUTAIRES
PDF
Mandates15/05/2014
REPRESENTATION D'UN ADMINISTRATEUR
PDF
Capital / shares26/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/07/2011
NOMINATIONS STATUTAIRES |
PDF
Mandates28/10/2005
NOMINATIONS STATUTAIRES
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

Filings20 filings

Mandates

MAXIME GROSJEAN

PHILIPPE GROSJEAN

Pascal SALADIN

198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

TERCOBEL

Rivage de Boubier 25, 6200 Châtelet

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rivage de Boubier 25, 6200 ChâteletCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00217527

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TERCOBELCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00217527

Events

2025
Annual accounts 2025-1,1 k €↑
2024
Annual accounts 2024-1,5 k €↓
2023
Annual accounts 2023-1,2 k €↓
2022
Annual accounts 2022-1,2 k €↓
2021
Annual accounts 2021-747 €↓
2020
Annual accounts 2020-714 €↓
2019
Annual accounts 2019-646 €↑
2018
Annual accounts 2018-646 €↑
2017
Annual accounts 2017-904 €↓
2016
Annual accounts 2016-729 €↑
2015
Annual accounts 2015-744 €↑
2014
Annual accounts 2014-977 €↑
2013
Annual accounts 2013-1,1 k €↑
2012
Annual accounts 2012-2,3 k €↓
2011
Annual accounts 2011-776 €↑
2010
Annual accounts 2010-3,2 k €↓
2009
Annual accounts 20091 k €↑
2008
Annual accounts 2008-5,8 k €↓
2007
Annual accounts 2007-1 k €↓
2006
Annual accounts 2006-947 €
15/07/1982
IncorporationPublic limited company

TERCOBEL

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