RECYC WEST
0455.261.085 · rovalta.com · 24/09/2026
ACTIVE
RECYC WEST
Financial year 2025 · closed on 31/12/2025
Net result
-65,4 k €
-291.8% YoY
Gross margin
19,3 k €
+395.0% YoY
Equity
3,1 M €
-2.1% YoY
Workforce
0,0 ETP
Overview
What does RECYC WEST do?
RECYC WEST is a Private limited company incorporated in 1995. Its main activity is: Sewerage. Its registered office is in Oostende.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0455.261.085
Incorporation
17/05/1995
Legal form
Private limited company
Registered office
Oudenburgsesteenweg 106
8400 Oostende · FlandreSee on map
8400 Oostende · FlandreSee on map
Contributed capital
565 589,18 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
Joint committees (4)
- 124
- 14201
- 200
- 218
Signals
Solid equityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 19,3 k € | +395% | 3,9 k € | +150% | -7,7 k € | -32.5% | -5,8 k € | +41.1% | -9,9 k € | -100% | 3,4 M € | +508% | 555,7 k € | -19.7% | 692,5 k € | +27.5% | 542,9 k € | -2.3% | 555,5 k € | +15.7% | 480 k € | -6.8% | 515 k € | -8.1% | 560,4 k € | +3.3% | 542,4 k € | +25.7% | 431,4 k € | -3.2% | 445,5 k € | -11.7% | 504,7 k € | -2.5% | 517,6 k € | -29.4% | 733,3 k € | +43.2% | 512,3 k € |
| EBITDA | 12 k € | +1544% | 731,6 € | +107% | -10,9 k € | -23.4% | -8,8 k € | +45.7% | -16,2 k € | -100% | 3,3 M € | +1005% | 303 k € | -35.6% | 470,4 k € | +28.7% | 365,6 k € | +4.4% | 350,2 k € | +11.9% | 313 k € | -0.7% | 315,3 k € | -10.5% | 352,1 k € | +15.4% | 305,2 k € | +37.4% | 222,1 k € | +4.1% | 213,4 k € | -20.8% | 269,5 k € | -16.2% | 321,7 k € | -39.6% | 532,2 k € | +45.6% | 365,6 k € |
| Operating result | -116 k € | -669% | -15,1 k € | +43.5% | -26,7 k € | -8.4% | -24,6 k € | +5.5% | -26,1 k € | -101% | 3,3 M € | +2316% | 138,6 k € | -37.4% | 221,5 k € | +236% | 65,9 k € | +66.5% | 39,6 k € | +352% | -15,7 k € | -61.0% | -9,7 k € | -112% | 79,9 k € | +51.5% | 52,7 k € | +84.2% | 28,6 k € | -23.2% | 37,3 k € | -29.5% | 52,9 k € | +106% | 25,7 k € | -91.5% | 301,7 k € | +83.4% | 164,5 k € |
| Net result | -65,4 k € | -292% | 34,1 k € | +207% | -31,8 k € | -79.9% | -17,7 k € | +33.1% | -26,4 k € | -101% | 2,5 M € | +2825% | 86 k € | -53.2% | 183,7 k € | +142% | 76 k € | +41.5% | 53,7 k € | +264% | 14,7 k € | +7.4% | 13,7 k € | -84.6% | 88,9 k € | +13.5% | 78,3 k € | -33.4% | 117,6 k € | +55.2% | 75,8 k € | -25.9% | 102,3 k € | -11.5% | 115,7 k € | -52.1% | 241,3 k € | +57.6% | 153,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 3,1 M € | -2.1% | 3,1 M € | +1.1% | 3,1 M € | -1.0% | 3,1 M € | -0.6% | 3,2 M € | -0.8% | 3,2 M € | +197% | 1,1 M € | -5.6% | 1,1 M € | -53.6% | 2,5 M € | +3.2% | 2,4 M € | -12.7% | 2,7 M € | +0.5% | 2,7 M € | +0.5% | 2,7 M € | +3.4% | 2,6 M € | +3.1% | 2,5 M € | +4.9% | 2,4 M € | +3.2% | 2,3 M € | +4.6% | 2,2 M € | +5.5% | 2,1 M € | +12.8% | 1,9 M € |
| Total assets | 7,6 M € | +6.0% | 7,2 M € | +41.7% | 5,1 M € | +15.9% | 4,4 M € | -3.5% | 4,5 M € | +2.8% | 4,4 M € | +187% | 1,5 M € | -52.6% | 3,2 M € | +1.7% | 3,2 M € | -3.5% | 3,3 M € | -2.6% | 3,4 M € | -1.0% | 3,4 M € | -4.5% | 3,6 M € | +1.9% | 3,5 M € | +15.2% | 3,1 M € | +3.6% | 2,9 M € | +5.0% | 2,8 M € | -3.8% | 2,9 M € | +4.1% | 2,8 M € | +4.7% | 2,7 M € |
| Cash | 48,5 k € | -0.3% | 48,7 k € | +398% | 9,8 k € | -95.0% | 195,8 k € | -39.7% | 324,5 k € | – | – | 732,7 k € | +286% | 189,9 k € | -20.7% | 239,4 k € | +27.9% | 187,2 k € | +4.6% | 179 k € | +205% | 58,7 k € | -41.7% | 100,7 k € | +50.8% | 66,8 k € | -40.5% | 112,2 k € | +415% | 21,8 k € | -11.2% | 24,5 k € | +55.0% | 15,8 k € | -62.1% | 41,8 k € | |||
| Debts | 3,7 M € | +16.0% | 3,2 M € | +180% | 1,2 M € | +169% | 428,6 k € | -24.6% | 568,3 k € | +35.5% | 419,5 k € | -8.0% | 455,8 k € | -78.2% | 2,1 M € | +189% | 724,3 k € | -21.0% | 917,1 k € | +39.6% | 657 k € | -7.1% | 707,3 k € | -19.9% | 882,6 k € | -2.5% | 905,6 k € | +75.9% | 514,8 k € | -3.2% | 532,1 k € | +13.7% | 467,9 k € | -31.3% | 681,5 k € | -0.3% | 683,4 k € | -14.5% | 799,1 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | 0,0 ETP | – | – | – | – | 4,3 ETP | +7.5% | 4,0 ETP | +11.1% | 3,6 ETP | +5.9% | 3,4 ETP | +6.2% | 3,2 ETP | -15.8% | 3,8 ETP | -5.0% | 4,0 ETP | -11.1% | 4,5 ETP | +2.3% | 4,4 ETP | -12.0% | 5,0 ETP | -9.1% | 5,5 ETP | +14.6% | 4,8 ETP | +9.1% | 4,4 ETP | +18.9% | 3,7 ETP | ||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 15 ended
Active mandates
Ended mandates
At this address
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Financials
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 | 01/01/2025 | 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 | 17/07/2026 | 24/07/2025 | 14/08/2024 | 27/06/2023 | 08/07/2022 | 26/08/2021 |
| General meeting | 27/06/2026 | 24/07/2025 | 26/07/2024 | 20/05/2023 | 21/05/2022 | 15/05/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 27/06/2026 | 17/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 24/07/2025 | 24/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 26/07/2024 | 14/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 20/05/2023 | 27/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 21/05/2022 | 08/07/2022 | Dutch | |
| Abridged modelCorrection | 31/12/2020 | 15/05/2021 | 26/08/2021 | Dutch | |
| Abridged model | 31/12/2020 | 15/05/2021 | 14/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 03/04/2020 | 03/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 05/04/2019 | 25/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 06/04/2018 | 30/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 07/04/2017 | 21/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 01/04/2016 | 30/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 03/04/2015 | 30/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 04/04/2014 | 30/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 05/04/2013 | 27/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 06/04/2012 | 29/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 01/04/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/06/2010 | 26/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 03/04/2009 | 21/04/2009 | Dutch | |
| Abridged model | 31/12/2007 | 04/04/2008 | 28/04/2008 | Dutch | |
| Abridged model | 31/12/2006 | 06/04/2007 | 21/05/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 15 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates12/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates22/07/2022ONTSLAGEN - BENOEMINGEN
- Mandates23/07/2020ONTSLAGEN - BENOEMINGEN
- Restructuring01/04/2020RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Mandates30/09/2019ONTSLAGEN - BENOEMINGEN
- Mandates06/09/2019MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Capital / shares27/12/2018STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
- Mandates27/05/2005ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-65,4 k €↓
- 2024Annual accounts 202434,1 k €↑
- 2023Annual accounts 2023-31,8 k €↓
- 2022Annual accounts 2022-17,7 k €↑
- 2021Annual accounts 2021-26,4 k €↓
- 2020Annual accounts 20202,5 M €↑
- 2019Annual accounts 201986 k €↓
- 2018Annual accounts 2018183,7 k €↑
- 2017Annual accounts 201776 k €↑
- 2016Annual accounts 201653,7 k €↑
- 2015Annual accounts 201514,7 k €↑
- 2014Annual accounts 201413,7 k €↓
- 2013Annual accounts 201388,9 k €↑
- 2012Annual accounts 201278,3 k €↓
- 2011Annual accounts 2011117,6 k €↑
- 2010Annual accounts 201075,8 k €↓
- 2009Annual accounts 2009102,3 k €↓
- 2008Annual accounts 2008115,7 k €↓
- 2007Annual accounts 2007241,3 k €↑
- 2006Annual accounts 2006153,2 k €
- 17/05/1995IncorporationPrivate limited company