ACTIVE

J.M. RECYCLING

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Financial year 2025 · Closed on 31/12/2025

Net result11,6 M €-33,6 %over 1 year
Revenue3,8 M €-10,4 %over 1 year
Equity121,8 M €+10,5 %over 1 year
Workforce10,2 ETP+6,2 %over 1 year

Identity

Source · BCE/KBO

J.M. RECYCLING is a Public limited company incorporated in 1989. Its main activity is: Activities of holding companies. Its registered office is in Hasselt. It employs on average 10,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0439.652.993
Incorporation
22/12/1989
Legal form
Public limited company
Registered office
Ekkelgaarden 16
3500 Hasselt · FlandreSee on map
Contributed capital
3 002 142,56 €
Latest accounts
31/12/2025
Average workforce
10,2 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 39 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue3,8 M €4,3 M €1,4 M €1,4 M €1,2 M €
EBITDA-1 M €257,5 k €-41,3 k €-2,6 M €-2,6 M €
Operating result-1 M €244,7 k €-970,9 k €-3,5 M €-3,6 M €
Net result11,6 M €17,4 M €-1,2 M €24,4 M €6,1 k €
Balance sheet
Equity121,8 M €110,3 M €92,9 M €94,4 M €70,4 M €
Total assets199,2 M €190,1 M €142,8 M €137,2 M €118 M €
Cash8,6 M €4,7 M €5,6 k €5,2 k €2,7 k €
Debts76,7 M €78,6 M €49,5 M €42,6 M €47,4 M €
Other
Workforce10,2 ETP9,6 ETP1,8 ETP2,0 ETP3,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 39 ended

Active mandates

Tom Melotte

Director · since 01 décembre 2025 · until 28 juin 2029 · 0802.611.751

Represented by Tom Melotte

Active
JEINEPOEL

Director · since 01 septembre 2023 · until 28 juin 2029 · 0885.310.288

Represented by Fabienne SOETAERS

Active
JEMI CONSULT

Managing director · since 01 septembre 2023 · until 28 juin 2029 · 0827.597.565

Represented by Louis Machiels

Active

Ended mandates

Pampelonne

Director · since 01 septembre 2023 · until 28 juin 2029 · 0781.387.854

Represented by Marieke MEUGENS

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 18 mars 2021 · 0460.568.866

Represented by Emiel Philipsen

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 03 juin 2024 · 0460.568.866

Represented by Emiel Philipsen

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 03 juin 2024 · 0460.568.866

Represented by Emiel Philipsen

Ended

Other companies at this address

Ekkelgaarden 16 3500 Hasselt
CompanyCBE no.
Battery of Limburg● Active
1001.750.474
BIO-ENERGY● Active
0873.224.484
BTW EENHEID "MAASLAND ENERGY"● Active
0704.783.885
BTWE MACLEASE SOLUTIONS● Active
0744.447.383
CONSORTIUM HASSELT● Active
0692.549.910
DECOVEMA● Active
1013.389.187
DECOVEMA 2● Active
1035.009.004
DECOVEMA Infra en Construct● Active
1035.009.301
DE VAART INVEST● Active
0660.672.938
ECOMAC● Active
0474.939.219
GATEWAY GENK● Active
1023.141.152
Global Langerlo● Active
0711.873.397
Health Science Park of Limburg● Active
1007.153.968
J.M. CONSTRUCT● Active
0439.659.230
LANKLAAR INVEST● Active
0771.432.783
Leopol Holding● Active
1042.402.382
Maasland Groefuitbating● Active
0401.327.008
Machiels● Active
0413.665.903
MACHIELS BUILDING SOLUTIONS● Active
0816.885.696
MACHIELS REAL ESTATE● Active
0421.095.113

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/08/202629/08/202529/08/202411/08/202301/08/202231/08/2021
General meeting28/06/202628/06/202528/06/202405/06/202307/06/202201/01/9999
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, 39 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/06/202606/08/2026DutchPDF
Full model31/12/202428/06/202529/08/2025DutchPDF
Consolidated accounts31/12/202428/06/202529/09/2025DutchPDF
Full model31/12/202328/06/202429/08/2024DutchPDF
Consolidated accounts31/12/202328/06/202430/08/2024DutchPDF
Full model31/12/202205/06/202311/08/2023DutchPDF
Consolidated accounts31/12/202205/06/202331/08/2023DutchPDF
Full model31/12/202107/06/202201/08/2022DutchPDF
Consolidated accounts31/12/202107/06/202210/08/2022DutchPDF
Full model31/12/202007/06/202111/08/2021DutchPDF
Consolidated accounts31/12/202001/01/999931/08/2021DutchPDF
Full model31/12/201902/06/202013/08/2020DutchPDF
Consolidated accounts31/12/201902/06/202030/09/2020DutchPDF
Full model31/12/201803/06/201905/08/2019DutchPDF
Consolidated accounts31/12/201803/06/201930/08/2019DutchPDF
Full model31/12/201704/06/201830/07/2018DutchPDF
Consolidated accounts31/12/201704/06/201801/08/2018DutchPDF
Full model31/12/201606/06/201701/08/2017DutchPDF
Consolidated accounts31/12/201606/06/201708/08/2017DutchPDF
Full model31/12/201506/06/201619/07/2016DutchPDF
Consolidated accounts31/12/201506/06/201620/07/2016DutchPDF
Full model31/12/201401/06/201503/08/2015DutchPDF
Consolidated accounts31/12/201401/06/201531/08/2015DutchPDF
Full model31/12/201330/06/201412/08/2014DutchPDF

View all 39 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

3 active · 39 ended

Active mandates

Tom Melotte

Director · since 01 décembre 2025 · until 28 juin 2029 · 0802.611.751

Represented by Tom Melotte

Active
JEINEPOEL

Director · since 01 septembre 2023 · until 28 juin 2029 · 0885.310.288

Represented by Fabienne SOETAERS

Active
JEMI CONSULT

Managing director · since 01 septembre 2023 · until 28 juin 2029 · 0827.597.565

Represented by Louis Machiels

Active

Ended mandates

Pampelonne

Director · since 01 septembre 2023 · until 28 juin 2029 · 0781.387.854

Represented by Marieke MEUGENS

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 18 mars 2021 · 0460.568.866

Represented by Emiel Philipsen

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 03 juin 2024 · 0460.568.866

Represented by Emiel Philipsen

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 03 juin 2024 · 0460.568.866

Represented by Emiel Philipsen

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring05/09/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/06/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates29/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2020
    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 202511,6 M €↓
  2. 01/12/2025
    nominationTom Melotte BV — bestuurder
  3. 2024
    Annual accounts 202417,4 M €↑
  4. 31/07/2024
    apport
  5. 2023
    Annual accounts 2023-1,2 M €↓
  6. 2022
    Annual accounts 202224,4 M €↑
  7. 2021
    Annual accounts 20216,1 k €↓
  8. 2020
    Annual accounts 20201,8 M €↓
  9. 2019
    Annual accounts 20195,5 M €↓
  10. 2018
    Annual accounts 201818,8 M €↑
  11. 2017
    Annual accounts 2017845,6 k €↑
  12. 2016
    Annual accounts 2016836,6 k €↑
  13. 2015
    Annual accounts 2015453,9 k €↓
  14. 2014
    Annual accounts 20141,7 M €↑
  15. 2013
    Annual accounts 2013637,1 k €↓
  16. 2012
    Annual accounts 20129 M €↑
  17. 2011
    Annual accounts 2011227,7 k €↓
  18. 2010
    Annual accounts 20102,5 M €↓
  19. 2009
    Annual accounts 20093,6 M €↑
  20. 2008
    Annual accounts 2008320,6 k €↑
  21. 2007
    Annual accounts 2007173,7 k €↓
  22. 2006
    Annual accounts 20065,4 M €
  23. 22/12/1989
    IncorporationPublic limited company