ACTIVE

RECUTEX

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Financial year 2025 · Closed on 30/06/2025

Net result-2,6 M €-267,6 %over 1 year
Revenue19,4 M €+17,1 %over 1 year
Equity3,6 M €-41,8 %over 1 year
Workforce76,7 ETP+2,5 %over 1 year

Identity

Source · BCE/KBO

RECUTEX is a Public limited company incorporated in 1996. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Waregem. It employs on average 76,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.022.617
Incorporation
24/05/1996
Legal form
Public limited company
Registered office
Zultseweg 234
8790 Waregem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/06/2025
Average workforce
76,7 ETP
Joint committees (3)
  • 14202
  • 200
  • 218
Signals
Solid equityGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252023202220212020
Income statement
Revenue19,4 M €16,5 M €15,6 M €13,7 M €13,6 M €
EBITDA-2,2 M €1,9 M €1,8 M €1,8 M €977,6 k €
Operating result-2,6 M €1,7 M €1,7 M €1,5 M €745,9 k €
Net result-2,6 M €1,6 M €2,5 M €1,1 M €504,5 k €
Balance sheet
Equity3,6 M €6,2 M €4,7 M €3,8 M €4,6 M €
Total assets8,3 M €7,3 M €7 M €8,3 M €7,2 M €
Cash387,9 k €1,2 M €2 M €1,8 M €1,1 M €
Debts4,7 M €1,1 M €2,3 M €4,5 M €2,6 M €
Other
Workforce76,7 ETP74,8 ETP72,0 ETP78,4 ETP74,3 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 30/06/2025

2 active · 23 ended

Active mandates

DOUBLE T

Managing director · since 27 novembre 2020 · until 19 juin 2026 · 0896.769.750

Represented by T'JOLLYN THOMAS

Active
POL T'JOLLYN

Managing director · since 27 novembre 2020 · until 19 juin 2026

Active

Ended mandates

DOUBLE T

Managing director · since 27 novembre 2020 · until 06 mai 2026 · 0896.769.750

Represented by T'Jollyn THOMAS

Ended
DOUBLE T

Managing director · since 27 novembre 2020 · until 19 juin 2026 · 0896.769.750

Represented by T'Jollyn THOMAS

Ended
DOUBLE T

Managing director · since 27 novembre 2020 · until 06 mai 2026 · 0896.769.750

Represented by Thomas T'JOLLYN

Ended
POL T'JOLLYN

Managing director · since 27 novembre 2020 · until 06 mai 2026

Ended

Other companies at this address

Zultseweg 234 8790 Waregem
CompanyCBE no.
DOUBLE T● Active
0896.769.750
FirstClass● Active
0744.470.545
RECUTEX INVEST● Active
0458.022.518
TOMMYPENNY● Active
0686.837.895
VICTRANS● Active
0887.122.408
VLAAMS INZAMEL CENTRUM TEXTIEL● Active
0883.603.484

Full financial information

Source · NBB
202520232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/06/202531/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year18 months12 months12 months12 months12 months12 months
Filing date30/01/202624/06/202420/07/202305/07/202203/06/202102/12/2020
General meeting30/01/202621/06/202430/06/202321/06/202205/05/202127/11/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202530/01/202630/01/2026DutchPDF
Full model31/12/202321/06/202424/06/2024DutchPDF
Full model31/12/202230/06/202320/07/2023DutchPDF
Full model31/12/202121/06/202205/07/2022DutchPDF
Full model31/12/202005/05/202103/06/2021DutchPDF
Full model31/12/201927/11/202002/12/2020DutchPDF
Full model31/12/201802/05/201917/05/2019DutchPDF
Full model31/12/201702/05/201830/05/2018DutchPDF
Full model31/12/201603/05/201701/06/2017DutchPDF
Full model31/12/201504/05/201619/05/2016DutchPDF
Full model31/12/201406/05/201504/06/2015DutchPDF
Full model31/12/201307/05/201420/06/2014DutchPDF
Full model31/12/201202/05/201313/06/2013DutchPDF
Full model31/12/201102/05/201204/06/2012DutchPDF
Full model31/12/201004/05/201106/06/2011DutchPDF
Full model31/12/200905/05/201004/06/2010DutchPDF
Full model31/12/200806/05/200912/06/2009DutchPDF
Full model31/12/200705/03/200806/03/2008DutchPDF
Full model31/12/200602/05/200701/06/2007DutchPDF

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 30/06/2025

2 active · 23 ended

Active mandates

DOUBLE T

Managing director · since 27 novembre 2020 · until 19 juin 2026 · 0896.769.750

Represented by T'JOLLYN THOMAS

Active
POL T'JOLLYN

Managing director · since 27 novembre 2020 · until 19 juin 2026

Active

Ended mandates

DOUBLE T

Managing director · since 27 novembre 2020 · until 06 mai 2026 · 0896.769.750

Represented by T'Jollyn THOMAS

Ended
DOUBLE T

Managing director · since 27 novembre 2020 · until 19 juin 2026 · 0896.769.750

Represented by T'Jollyn THOMAS

Ended
DOUBLE T

Managing director · since 27 novembre 2020 · until 06 mai 2026 · 0896.769.750

Represented by Thomas T'JOLLYN

Ended
POL T'JOLLYN

Managing director · since 27 novembre 2020 · until 06 mai 2026

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other17/12/2024
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates20/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/06/2022
    ALGEMENE VERGADERING
    PDF
  • Mandates10/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/09/2017
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/01/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2014
    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 2025-2,6 M €↓
  2. 2023
    Annual accounts 20231,6 M €↓
  3. 2022
    Annual accounts 20222,5 M €↑
  4. 2021
    Annual accounts 20211,1 M €↑
  5. 2020
    Annual accounts 2020504,5 k €↑
  6. 2019
    Annual accounts 2019188,8 k €↓
  7. 2018
    Annual accounts 20181,7 M €↓
  8. 2017
    Annual accounts 20172 M €↓
  9. 2016
    Annual accounts 20162,3 M €↑
  10. 2015
    Annual accounts 20152,3 M €↑
  11. 2014
    Annual accounts 20142,1 M €↓
  12. 2013
    Annual accounts 20133,2 M €↓
  13. 2012
    Annual accounts 20123,6 M €↑
  14. 2011
    Annual accounts 20112,2 M €↑
  15. 2010
    Annual accounts 20101,7 M €↑
  16. 2009
    Annual accounts 20091,5 M €↑
  17. 2008
    Annual accounts 20081,2 M €↑
  18. 2007
    Annual accounts 2007827,3 k €↑
  19. 2006
    Annual accounts 2006107 k €
  20. 24/05/1996
    IncorporationPublic limited company