ACTIVE

RECYNAM

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result155,5 k €-29,4 %over 1 year

Revenue2,7 M €+11,5 %over 1 year

Equity1,5 M €+13,7 %over 1 year

Workforce2,9 ETP-3,3 %over 1 year

Identity

Source · BCE/KBO

RECYNAM is a Public limited company incorporated in 1995. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Fernelmont. It employs on average 2,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0455.254.355
Incorporation: 18/05/1995
Legal form: Public limited company
Registered office: Rue du Tronquoy, ZI, Nov. 24
5380 Fernelmont · WallonieSee on map
Contributed capital: 431 334,74 €
Latest accounts: 31/12/2025
Average workforce: 2,9 ETP

Activities (NACE)

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

Joint committees (3)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	2,7 M €	+11.5%	2,5 M €	+11.8%	2,2 M €	-1.8%	2,2 M €	+4.1%	2,2 M €
EBITDA	435,3 k €	-22.4%	560,7 k €	+49.1%	376 k €	+0.6%	373,8 k €	-21.9%	478,5 k €
Operating result	163,8 k €	-31.3%	238,4 k €	+1568%	14,3 k €	+20.0%	11,9 k €	-95.2%	248,8 k €
Net result	155,5 k €	-29.4%	220,1 k €	+1211%	16,8 k €	+15.3%	14,5 k €	-93.5%	225,3 k €
Balance sheet
Equity	1,5 M €	+13.7%	1,3 M €	+20.0%	1,1 M €	+1.3%	1,1 M €	+1.0%	1 M €
Total assets	2,7 M €	+9.0%	2,5 M €	+21.4%	2 M €	-6.6%	2,2 M €	-3.3%	2,2 M €
Cash	734,2 k €	+46.5%	501,1 k €	+45.3%	344,8 k €	+24.8%	276,3 k €	-31.1%	400,9 k €
Debts	1,1 M €	+21.9%	925 k €	+20.9%	765,2 k €	-19.7%	953,2 k €	-17.8%	1,2 M €
Other
Workforce	2,9 ETP	-3.3%	3,0 ETP	+7.1%	2,8 ETP	+40.0%	2,0 ETP	-25.9%	2,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CARMEUSE0431.473.519Represented by Pierre Henri MULKAY	Director28/10/2016 → 08/05/2031
CENTRIBEL RECYCLAGE0890.299.157Represented by Christian BELLEFLAMME	Director09/05/2025 → 08/05/2031
David LAMY	Director03/05/2019 → 08/05/2031
Recymo Wallonie0449.431.187Represented by Bernard NOEL	Director03/05/2019 → 08/05/2031
Sophie AL ASSOUAD	Director03/05/2019 → 08/05/2031
Virginie LANSIVAL	Director03/05/2019 → 08/05/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DUBOIS DAWANCE TRAVAUX0468.826.239Represented by Valentin CRAHEY	Director03/05/2019 → 2024 accounts
DECUBEL0413.070.441Represented by Christian BELLEFLAMME	Director03/05/2019 → 2020 accounts

Other companies at this address

Rue du Tronquoy, ZI, Nov. 24 5380 Fernelmont

Company	CBE no.
BARIUM MINERALS● Active	0414.197.720
Carrières de Silex du Versant de Maisières● Active	0401.156.267
FEDERATION DES RECYCLEURS DE DECHETS DE CONSTRUCTION● Active	0467.966.206
IMMOBILIERE TRADECOWALL● Active	0476.048.086
iTER Solutions● Active	0829.554.589
Société de Patrimoine Immobilier● Active	0835.799.213
Société Momentanée Hublet-Noël Sélection-Recynam● Active	0822.885.741
TRADECOWALL● Active	0443.564.964

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	19/05/2026	22/05/2025	30/05/2024	05/06/2023	09/06/2022	27/05/2021
General meeting	08/05/2026	09/05/2025	13/05/2024	12/05/2023	13/05/2022	17/05/2021
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/05/2026	19/05/2026	French	PDF
Abridged model	31/12/2024	09/05/2025	22/05/2025	French	PDF
Abridged model	31/12/2023	13/05/2024	30/05/2024	French	PDF
Abridged model	31/12/2022	12/05/2023	05/06/2023	French	PDF
Abridged model	31/12/2021	13/05/2022	09/06/2022	French	PDF
Abridged model	31/12/2020	17/05/2021	27/05/2021	French	PDF
Abridged model	31/12/2019	23/06/2020	02/07/2020	French	PDF
Abridged model	31/12/2018	03/05/2019	06/06/2019	French	PDF
Abridged model	31/12/2017	04/05/2018	21/06/2018	French	PDF
Abridged model	31/12/2016	12/05/2017	30/05/2017	French	PDF
Abridged model	31/12/2015	11/05/2016	31/05/2016	French	PDF
Abridged model	31/12/2014	07/05/2015	20/05/2015	French	PDF
Abridged model	31/12/2013	12/05/2014	28/05/2014	French	PDF
Abridged model	31/12/2012	22/05/2013	02/09/2013	French	PDF
Abridged model	31/12/2011	16/05/2012	27/06/2012	French	PDF
Abridged model	31/12/2010	20/05/2011	04/07/2011	French	PDF
Abridged model	31/12/2009	14/05/2010	07/06/2010	French	PDF
Abridged model	31/12/2008	08/05/2009	18/05/2009	French	PDF
Abridged model	31/12/2007	09/05/2008	09/06/2008	French	PDF
Abridged model	31/12/2006	11/05/2007	18/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

6 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CARMEUSE0431.473.519Represented by Pierre Henri MULKAY	Director28/10/2016 → 08/05/2031
CENTRIBEL RECYCLAGE0890.299.157Represented by Christian BELLEFLAMME	Director09/05/2025 → 08/05/2031
David LAMY	Director03/05/2019 → 08/05/2031
Recymo Wallonie0449.431.187Represented by Bernard NOEL	Director03/05/2019 → 08/05/2031
Sophie AL ASSOUAD	Director03/05/2019 → 08/05/2031
Virginie LANSIVAL	Director03/05/2019 → 08/05/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DUBOIS DAWANCE TRAVAUX0468.826.239Represented by Valentin CRAHEY	Director03/05/2019 → 2024 accounts
DECUBEL0413.070.441Represented by Christian BELLEFLAMME	Director03/05/2019 → 2020 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/06/2025
DEMISSIONS, NOMINATIONS
PDF
Other18/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET
PDF
Mandates29/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates20/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates13/12/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates08/10/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates05/06/2018
DEMISSIONS, NOMINATIONS
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

Filings17 filings

Mandates

CARMEUSE

Recymo Wallonie

CENTRIBEL RECYCLAGE

Virginie LANSIVAL

Sophie AL ASSOUAD

David LAMY

DUBOIS DAWANCE TRAVAUX

DECUBEL

Bernard NOEL

Christian NOEL

TRADECOWALL

SILYA

Show the 5 other mandates

1995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

RECYNAM

Rue du Tronquoy, ZI, Nov. 24, 5380 Fernelmont

Director

Chairman of the board of directorsManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Tronquoy, ZI, Nov. 24, 5380 FernelmontCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00121354

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
RECYNAMCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00121354

Events

2025
Annual accounts 2025155,5 k €↓
2024
Annual accounts 2024220,1 k €↑
2023
Annual accounts 202316,8 k €↑
2022
Annual accounts 202214,5 k €↓
2021
Annual accounts 2021225,3 k €↑
2020
Annual accounts 2020-117,8 k €↑
2019
Annual accounts 2019-167,5 k €↑
2018
Annual accounts 2018-195,1 k €↑
2017
Annual accounts 2017-386,4 k €↓
2016
Annual accounts 201630,2 k €↓
2015
Annual accounts 201541,3 k €↑
2014
Annual accounts 201433,5 k €↓
2013
Annual accounts 2013217,3 k €↑
2012
Annual accounts 2012111 k €↑
2011
Annual accounts 201192,4 k €↑
2010
Annual accounts 20106,2 k €↓
2009
Annual accounts 2009243,9 k €
18/05/1995
IncorporationPublic limited company

RECYNAM

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