ACTIVE

KABEL RECYCLING COMPANY

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Financial year 2025 · Closed on 31/12/2025

Net result880,5 k €+126,2 %over 1 year

Gross margin1,8 M €+53,1 %over 1 year

Equity2,9 M €+30,4 %over 1 year

Workforce7,7 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

KABEL RECYCLING COMPANY is a Private limited company incorporated in 1987. Its registered office is in Zele. It employs on average 7,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0432.371.659
Incorporation: 29/10/1987
Legal form: Private limited company
Registered office: Korte Rinkhoutstraat 32
9240 Zele · FlandreSee on map
Contributed capital: 18 592,01 €
Latest accounts: 31/12/2025
Average workforce: 7,7 ETP

Joint committees (3)

142
14201
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,8 M €	+53.1%	1,2 M €	-6.2%	1,3 M €	+13.6%	1,1 M €	-27.7%	1,6 M €
EBITDA	1,2 M €	+101%	612,9 k €	-14.6%	717,4 k €	+10.8%	647,3 k €	-38.5%	1,1 M €
Operating result	1,1 M €	+115%	515,9 k €	-13.6%	597,4 k €	+119%	272,7 k €	-70.0%	909,5 k €
Net result	880,5 k €	+126%	389,2 k €	-38.6%	633,4 k €	+193%	216,2 k €	-68.6%	689 k €
Balance sheet
Equity	2,9 M €	+30.4%	2,2 M €	+9.2%	2 M €	+16.1%	1,8 M €	+10.4%	1,6 M €
Total assets	5,7 M €	+14.3%	4,9 M €	+16.2%	4,3 M €	+18.5%	3,6 M €	-23.1%	4,7 M €
Cash	924,9 k €	+15.9%	797,9 k €	-8.5%	872,2 k €	+784%	98,7 k €	-75.9%	409,4 k €
Debts	2,7 M €	+1.0%	2,7 M €	+22.6%	2,2 M €	+20.7%	1,8 M €	-40.5%	3,1 M €
Other
Workforce	7,7 ETP	0.0%	7,7 ETP	0.0%	7,7 ETP	0.0%	7,7 ETP	+2.7%	7,5 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 31/12/2025

2 active · 7 ended

Active mandates

CARRETIE

Director · 0448.226.805

Represented by Peggy Van de Moortel

Active

E.A.P.

Director · 0436.805.054

Represented by Etienne Van de Moortel

Active

Ended mandates

CARRETIE

Director · since 15 juillet 2022 · 0448.226.805

Represented by Peggy Van De Moortel

Ended

E.A.P.

Director · since 02 avril 2012 · 0436.805.054

Represented by Etienne Van De Moortel

Ended

E.A.P.

Manager · since 02 avril 2012 · 0436.805.054

Represented by Etienne Van De Moortel

Ended

E.A.P.

Manager · since 02 avril 2012 · 0436.805.054

Represented by Etienne Van de Moortel

Ended

Full financial information

Source · NBB

	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	01/01/2025	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	16/06/2026	28/07/2025	26/07/2024	13/07/2023	26/07/2022	23/08/2021
General meeting	31/05/2026	30/06/2025	30/06/2024	15/06/2023	30/06/2022	30/06/2021
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
Abridged model	31/12/2025	31/05/2026	16/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	13/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	26/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	23/08/2021	Dutch	PDF
Abridged model	31/12/2019	31/07/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	20/07/2018	Dutch	PDF
Abridged model	31/12/2016	12/05/2017	07/08/2017	Dutch	PDF
Abridged model	31/12/2015	13/05/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	08/05/2009	13/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	17/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	30/07/2007	Dutch	PDF

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 31/12/2025

2 active · 7 ended

Active mandates

CARRETIE

Director · 0448.226.805

Represented by Peggy Van de Moortel

Active

E.A.P.

Director · 0436.805.054

Represented by Etienne Van de Moortel

Active

Ended mandates

CARRETIE

Director · since 15 juillet 2022 · 0448.226.805

Represented by Peggy Van De Moortel

Ended

E.A.P.

Director · since 02 avril 2012 · 0436.805.054

Represented by Etienne Van De Moortel

Ended

E.A.P.

Manager · since 02 avril 2012 · 0436.805.054

Represented by Etienne Van De Moortel

Ended

E.A.P.

Manager · since 02 avril 2012 · 0436.805.054

Represented by Etienne Van de Moortel

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/12/2007
MAATSCHAPPELIJKE ZETEL
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025880,5 k €↑
2024
Annual accounts 2024389,2 k €↓
2023
Annual accounts 2023633,4 k €↑
2023
Name changeKabel Recycling Company (K.R.C.)
2022
Annual accounts 2022216,2 k €↓
2021
Annual accounts 2021689 k €↑
2021
Name changeKabel Recycling Company (KRC)
2018
Annual accounts 2018108,6 k €↓
2017
Annual accounts 2017157,1 k €↑
2016
Annual accounts 201644,3 k €↓
2015
Annual accounts 201557,2 k €↓
2014
Annual accounts 201460,9 k €↓
2013
Annual accounts 2013100,6 k €↓
2012
Annual accounts 2012171,7 k €↑
2011
Annual accounts 2011167,2 k €↑
2010
Annual accounts 2010143,7 k €↓
2009
Annual accounts 2009167,6 k €↑
2008
Annual accounts 2008153,9 k €↓
2007
Annual accounts 2007176,5 k €↓
2006
Annual accounts 2006201,6 k €
29/10/1987
IncorporationPrivate limited company

KABEL RECYCLING COMPANY

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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