ACTIVE

RECYC-OIL

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Financial year 2025 · closed on 30/09/2025

Net result

1,5 M €

-52.9% YoY

Gross margin

2,3 M €

-45.4% YoY

Equity

1,8 M €

+3.3% YoY

Workforce

4,3 ETP

-21.8% YoY

What does RECYC-OIL do?

RECYC-OIL is a Public limited company incorporated in 1983. Its main activity is: Sewerage. Its registered office is in Wielsbeke. It employs on average 4,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.409.543

Incorporation

19/07/1983

Legal form

Public limited company

Registered office

Molenstraat 209
8710 Wielsbeke · FlandreSee on map

Contributed capital

1 000 000,00 €

Latest accounts

30/09/2025

Average workforce

4,3 ETP

Activities (NACE)

37200Sewerage· main 38210Treatment and disposal of non-hazardous waste 38219Treatment and disposal of non-hazardous waste 38323Recovery of sorted materials 38330Materials recovery 90021Support activities to performing arts

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	2,3 M €	-45.4%	4,2 M €	-9.6%	4,6 M €	-4.0%	4,8 M €	+86.8%	2,6 M €	+32.1%	2 M €	-16.4%	2,3 M €	+16.4%	2 M €	+12.2%	1,8 M €	+81.4%	985,6 k €	+104%	483 k €	-60.5%	1,2 M €	-37.5%	2 M €	+1.1%	1,9 M €	+2.3%	1,9 M €	+39.5%	1,4 M €	+127%	597,8 k €	-51.4%	1,2 M €	+4.9%	1,2 M €
EBITDA	1,9 M €	-50.0%	3,7 M €	-6.5%	4 M €	-5.0%	4,2 M €	+105%	2 M €	+30.8%	1,6 M €	-17.4%	1,9 M €	+16.7%	1,6 M €	+12.8%	1,4 M €	+119%	655,3 k €	+374%	138,3 k €	-84.8%	909,1 k €	-46.1%	1,7 M €	+0.2%	1,7 M €	+2.2%	1,6 M €	+46.0%	1,1 M €	+219%	353,2 k €	-65.0%	1 M €	+5.0%	960,9 k €
Operating result	1,7 M €	-52.8%	3,5 M €	-7.2%	3,8 M €	-6.2%	4 M €	+117%	1,9 M €	+36.5%	1,4 M €	-20.8%	1,7 M €	+15.6%	1,5 M €	+14.8%	1,3 M €	+160%	501,1 k €	+1700%	27,8 k €	-96.4%	783,8 k €	-49.6%	1,6 M €	+0.1%	1,6 M €	+2.9%	1,5 M €	+56.4%	965,7 k €	+380%	201,1 k €	-75.4%	818,8 k €	+7.9%	759,1 k €
Net result	1,5 M €	-52.9%	3,1 M €	+9.4%	2,8 M €	-9.7%	3,1 M €	+73.7%	1,8 M €	+38.7%	1,3 M €	-21.1%	1,6 M €	+12.0%	1,5 M €	+19.1%	1,2 M €	+154%	485,8 k €	+2274%	20,5 k €	-97.1%	697,5 k €	-54.5%	1,5 M €	-22.5%	2 M €	+47.6%	1,3 M €	+57.1%	854,2 k €	+334%	196,8 k €	-69.0%	634,8 k €	+8.0%	587,6 k €
Balance sheet
Equity	1,8 M €	+3.3%	1,7 M €	+2.5%	1,7 M €	+39.3%	1,2 M €	+0.0%	1,2 M €	-24.6%	1,6 M €	+11.7%	1,4 M €	+15.7%	1,2 M €	-33.0%	1,8 M €	+7.1%	1,7 M €	+1.5%	1,7 M €	+1.2%	1,7 M €	+15.7%	1,5 M €	+11.1%	1,3 M €	-36.4%	2,1 M €	-41.9%	3,5 M €	+12.0%	3,2 M €	+6.6%	3 M €	+23.3%	2,4 M €
Total assets	4,2 M €	-3.2%	4,3 M €	-2.9%	4,5 M €	-12.7%	5,1 M €	+23.9%	4,1 M €	+27.7%	3,2 M €	-8.7%	3,5 M €	-8.3%	3,9 M €	+10.2%	3,5 M €	+29.6%	2,7 M €	-5.5%	2,9 M €	-10.6%	3,2 M €	-0.5%	3,2 M €	-33.6%	4,8 M €	-14.1%	5,6 M €	+17.1%	4,8 M €	+33.2%	3,6 M €	-3.3%	3,7 M €	+11.9%	3,3 M €
Cash	772,4 k €	+57.7%	489,7 k €	+1185%	38,1 k €	-96.1%	976,3 k €	-52.2%	2 M €	+65.1%	1,2 M €	-25.9%	1,7 M €	-11.6%	1,9 M €	-4.5%	2 M €	+85.6%	1,1 M €	-2.7%	1,1 M €	+44.3%	759,8 k €	-0.1%	760,6 k €	-74.7%	3 M €	+370%	639,7 k €	+1.6%	629,6 k €	-68.4%	2 M €	+691%	251,6 k €	-17.4%	304,8 k €
Debts	2,4 M €	-7.4%	2,6 M €	-6.4%	2,8 M €	-28.7%	3,9 M €	+35.0%	2,9 M €	+80.7%	1,6 M €	-24.0%	2,1 M €	-19.8%	2,6 M €	+58.9%	1,6 M €	+69.7%	967,3 k €	-15.7%	1,1 M €	-21.8%	1,5 M €	-16.5%	1,8 M €	-50.1%	3,5 M €	-1.2%	3,6 M €	+186%	1,2 M €	+190%	429,8 k €	-44.0%	767,1 k €	-17.1%	924,9 k €
Other
Workforce	4,3 ETP	-21.8%	5,5 ETP	-5.2%	5,8 ETP	-3.3%	6,0 ETP	0.0%	6,0 ETP	+13.2%	5,3 ETP	+6.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	+6.4%	4,7 ETP	+17.5%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	-2.4%	4,1 ETP	+2.5%	4,0 ETP	0.0%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 13 ended

Active mandates

COPROBEL

Managing director · since 19 octobre 2023 · until 18 octobre 2029 · 0443.861.211

Represented by Bernard Vandaele

Active

OILCOTRANS

Director · since 19 octobre 2023 · until 18 octobre 2029 · 0454.386.107

Represented by Laurens Vandaele

Active

Ended mandates

COPROBEL

Managing director · since 02 décembre 2019 · until 22 février 2025 · 0443.861.211

Represented by Bernard Vandaele

Ended

COPROBEL

Managing director · since 02 décembre 2019 · until 22 février 2025 · 0443.861.211

Represented by Bernard VANDAELE

Ended

OILCOTRANS

Director · since 02 décembre 2019 · until 22 février 2025 · 0454.386.107

Represented by Laurens Vandaele

Ended

OILCOTRANS

Director · since 02 décembre 2019 · until 22 février 2025 · 0454.386.107

Represented by Laurens VANDAELE

Ended

At this address

Other companies at this address

Company	CBE no.
COPROBEL● Active	0443.861.211
DOSITRA● Active	1011.455.226
OILCOTRANS● Active	0454.386.107

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/03/2026	31/03/2025	26/04/2024	20/04/2023	07/03/2022	22/03/2021
General meeting	09/03/2026	31/03/2025	26/04/2024	19/04/2023	04/03/2022	19/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	09/03/2026	10/03/2026	Dutch	PDF
Abridged model	30/09/2024	31/03/2025	31/03/2025	Dutch	PDF
Abridged model	30/09/2023	26/04/2024	26/04/2024	Dutch	PDF
Abridged model	30/09/2022	19/04/2023	20/04/2023	Dutch	PDF
Abridged model	30/09/2021	04/03/2022	07/03/2022	Dutch	PDF
Abridged model	30/09/2020	19/03/2021	22/03/2021	Dutch	PDF
Abridged model	30/09/2019	29/02/2020	26/03/2020	Dutch	PDF
Abridged model	30/09/2018	23/02/2019	19/03/2019	Dutch	PDF
Abridged model	30/09/2017	24/02/2018	22/03/2018	Dutch	PDF
Abridged model	30/09/2016	25/02/2017	14/03/2017	Dutch	PDF
Abridged model	30/09/2015	19/03/2016	01/04/2016	Dutch	PDF
Abridged model	30/09/2014	28/02/2015	01/04/2015	Dutch	PDF
Abridged model	30/09/2013	29/03/2014	22/04/2014	Dutch	PDF
Abridged model	30/09/2012	30/03/2013	23/04/2013	Dutch	PDF
Abridged model	30/09/2011	31/03/2012	11/04/2012	Dutch	PDF
Abridged model	30/09/2010	30/12/2010	28/01/2011	Dutch	PDF
Abridged model	30/09/2009	27/02/2010	29/03/2010	Dutch	PDF
Abridged model	30/09/2008	28/02/2009	26/03/2009	Dutch	PDF
Abridged model	30/09/2007	23/02/2008	25/03/2008	Dutch	PDF
Abridged model	30/09/2006	24/02/2007	22/03/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 13 ended

Active mandates

COPROBEL

Managing director · since 19 octobre 2023 · until 18 octobre 2029 · 0443.861.211

Represented by Bernard Vandaele

Active

OILCOTRANS

Director · since 19 octobre 2023 · until 18 octobre 2029 · 0454.386.107

Represented by Laurens Vandaele

Active

Ended mandates

COPROBEL

Managing director · since 02 décembre 2019 · until 22 février 2025 · 0443.861.211

Represented by Bernard Vandaele

Ended

COPROBEL

Managing director · since 02 décembre 2019 · until 22 février 2025 · 0443.861.211

Represented by Bernard VANDAELE

Ended

OILCOTRANS

Director · since 02 décembre 2019 · until 22 février 2025 · 0454.386.107

Represented by Laurens Vandaele

Ended

OILCOTRANS

Director · since 02 décembre 2019 · until 22 février 2025 · 0454.386.107

Represented by Laurens VANDAELE

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/04/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/01/2004
ONTSLAGEN - BENOEMINGEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates03/04/2003
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20251,5 M €↓
2024
Annual accounts 20243,1 M €↑
2023
Annual accounts 20232,8 M €↓
2022
Annual accounts 20223,1 M €↑
2021
Annual accounts 20211,8 M €↑
2020
Annual accounts 20201,3 M €↓
2019
Annual accounts 20191,6 M €↑
2018
Annual accounts 20181,5 M €↑
2017
Annual accounts 20171,2 M €↑
2016
Annual accounts 2016485,8 k €↑
2015
Annual accounts 201520,5 k €↓
2014
Annual accounts 2014697,5 k €↓
2013
Annual accounts 20131,5 M €↓
2012
Annual accounts 20122 M €↑
2011
Annual accounts 20111,3 M €↑
2010
Annual accounts 2010854,2 k €↑
2009
Annual accounts 2009196,8 k €↓
2008
Annual accounts 2008634,8 k €↑
2007
Annual accounts 2007587,6 k €
19/07/1983
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RECYC-OIL

Overview

What does RECYC-OIL do?

Trend over 19 financial years

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