ACTIVE

RECYC-OIL

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Financial year 2025 · Closed on 30/09/2025

Net result1,5 M €-52,9 %over 1 year
Gross margin2,3 M €-45,4 %over 1 year
Equity1,8 M €+3,3 %over 1 year
Workforce4,3 ETP-21,8 %over 1 year

Identity

Source · BCE/KBO

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
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin2,3 M €4,2 M €4,6 M €4,8 M €2,6 M €
EBITDA1,9 M €3,7 M €4 M €4,2 M €2 M €
Operating result1,7 M €3,5 M €3,8 M €4 M €1,9 M €
Net result1,5 M €3,1 M €2,8 M €3,1 M €1,8 M €
Balance sheet
Equity1,8 M €1,7 M €1,7 M €1,2 M €1,2 M €
Total assets4,2 M €4,3 M €4,5 M €5,1 M €4,1 M €
Cash772,4 k €489,7 k €38,1 k €976,3 k €2 M €
Debts2,4 M €2,6 M €2,8 M €3,9 M €2,9 M €
Other
Workforce4,3 ETP5,5 ETP5,8 ETP6,0 ETP6,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 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

Other companies at this address

Molenstraat 209 8710 Wielsbeke
CompanyCBE no.
COPROBEL● Active
0443.861.211
DOSITRA● Active
1011.455.226
OILCOTRANS● Active
0454.386.107

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/03/202631/03/202526/04/202420/04/202307/03/202222/03/2021
General meeting09/03/202631/03/202526/04/202419/04/202304/03/202219/03/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202509/03/202610/03/2026DutchPDF
Abridged model30/09/202431/03/202531/03/2025DutchPDF
Abridged model30/09/202326/04/202426/04/2024DutchPDF
Abridged model30/09/202219/04/202320/04/2023DutchPDF
Abridged model30/09/202104/03/202207/03/2022DutchPDF
Abridged model30/09/202019/03/202122/03/2021DutchPDF
Abridged model30/09/201929/02/202026/03/2020DutchPDF
Abridged model30/09/201823/02/201919/03/2019DutchPDF
Abridged model30/09/201724/02/201822/03/2018DutchPDF
Abridged model30/09/201625/02/201714/03/2017DutchPDF
Abridged model30/09/201519/03/201601/04/2016DutchPDF
Abridged model30/09/201428/02/201501/04/2015DutchPDF
Abridged model30/09/201329/03/201422/04/2014DutchPDF
Abridged model30/09/201230/03/201323/04/2013DutchPDF
Abridged model30/09/201131/03/201211/04/2012DutchPDF
Abridged model30/09/201030/12/201028/01/2011DutchPDF
Abridged model30/09/200927/02/201029/03/2010DutchPDF
Abridged model30/09/200828/02/200926/03/2009DutchPDF
Abridged model30/09/200723/02/200825/03/2008DutchPDF
Abridged model30/09/200624/02/200722/03/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 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

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

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 20251,5 M €↓
  2. 2024
    Annual accounts 20243,1 M €↑
  3. 2023
    Annual accounts 20232,8 M €↓
  4. 2022
    Annual accounts 20223,1 M €↑
  5. 2021
    Annual accounts 20211,8 M €↑
  6. 2020
    Annual accounts 20201,3 M €↓
  7. 2019
    Annual accounts 20191,6 M €↑
  8. 2018
    Annual accounts 20181,5 M €↑
  9. 2017
    Annual accounts 20171,2 M €↑
  10. 2016
    Annual accounts 2016485,8 k €↑
  11. 2015
    Annual accounts 201520,5 k €↓
  12. 2014
    Annual accounts 2014697,5 k €↓
  13. 2013
    Annual accounts 20131,5 M €↓
  14. 2012
    Annual accounts 20122 M €↑
  15. 2011
    Annual accounts 20111,3 M €↑
  16. 2010
    Annual accounts 2010854,2 k €↑
  17. 2009
    Annual accounts 2009196,8 k €↓
  18. 2008
    Annual accounts 2008634,8 k €↑
  19. 2007
    Annual accounts 2007587,6 k €
  20. 19/07/1983
    IncorporationPublic limited company