Belmans Recycling
0462.647.240 · rovalta.com · 26/09/2026
ACTIVE
Belmans Recycling
Financial year 2025 · Closed on 31/12/2025
Net result110,9 k €-51,3 %over 1 year
Gross margin2,5 M €+13,2 %over 1 year
Equity3 M €+3,8 %over 1 year
Workforce6,0 ETP+22,4 %over 1 year
Overview
Identity
Source · BCE/KBOBelmans Recycling is a Private limited company incorporated in 1998. Its main activity is: Freight transport by road. Its registered office is in Overijse. It employs on average 6,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0462.647.240
- Incorporation
- 12/02/1998
- Legal form
- Private limited company
- Registered office
- Hoeilaartsesteenweg 76
3090 Overijse · FlandreSee on map - Contributed capital
- 20 451,21 €
- Latest accounts
- 31/12/2025
- Average workforce
- 6,0 ETP
Activities (NACE)
Joint committees (3)
- 124
- 140
- 14003
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 2,5 M € | +13.2% | 2,2 M € | -12.0% | 2,6 M € | -7.0% | 2,7 M € | +10.2% | 2,5 M € |
| EBITDA | 2,1 M € | +8.3% | 2 M € | -15.6% | 2,3 M € | -6.6% | 2,5 M € | +26.3% | 2 M € |
| Operating result | 277 k € | -28.9% | 389,5 k € | -54.2% | 850,6 k € | -25.8% | 1,1 M € | +29.0% | 888,5 k € |
| Net result | 110,9 k € | -51.3% | 227,7 k € | -62.1% | 600,3 k € | -31.8% | 880,6 k € | +25.1% | 703,9 k € |
| Balance sheet | |||||||||
| Equity | 3 M € | +3.8% | 2,9 M € | +8.5% | 2,7 M € | +29.1% | 2,1 M € | +74.5% | 1,2 M € |
| Total assets | 7,4 M € | -16.3% | 8,8 M € | +14.8% | 7,7 M € | +16.3% | 6,6 M € | +10.8% | 5,9 M € |
| Cash | 1,3 M € | -14.3% | 1,5 M € | +22.0% | 1,2 M € | +99.2% | 604,6 k € | -35.1% | 931,9 k € |
| Debts | 4,4 M € | -26.2% | 5,9 M € | +18.2% | 5 M € | +10.5% | 4,5 M € | -5.0% | 4,8 M € |
| Other | |||||||||
| Workforce | 6,0 ETP | +22.4% | 4,9 ETP | +19.5% | 4,1 ETP | +7.9% | 3,8 ETP | -24.0% | 5,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 6 ended
Active mandates
David Belmans
ActiveEnded mandates
David Belmans
EndedDavid Belmans
EndedDavid Belmans
EndedDavid Belmans
EndedFinancials
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 | 22/06/2026 | 23/06/2025 | 05/07/2024 | 06/06/2023 | 14/06/2022 | 17/05/2021 |
| General meeting | 04/03/2026 | 05/03/2025 | 06/03/2024 | 01/03/2023 | 02/03/2022 | 03/03/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 04/03/2026 | 22/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 05/03/2025 | 23/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 06/03/2024 | 05/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 01/03/2023 | 06/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 02/03/2022 | 14/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 03/03/2021 | 17/05/2021 | Dutch | |
| Abridged model | 31/12/2019 | 04/03/2020 | 17/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 06/03/2019 | 08/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 07/03/2018 | 20/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 01/03/2017 | 28/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 01/03/2016 | 09/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 04/03/2015 | 21/08/2015 | French | |
| Abridged model | 31/12/2013 | 05/03/2014 | 25/08/2014 | French | |
| Abridged model | 31/12/2012 | 05/04/2013 | 29/05/2013 | French | |
| Abridged model | 31/12/2011 | 05/04/2012 | 18/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 07/04/2011 | 27/05/2011 | Dutch | |
| Abridged model | 31/12/2009 | 01/04/2010 | 09/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 02/04/2009 | 22/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 03/04/2008 | 26/05/2008 | Dutch | |
| Abridged model | 31/12/2006 | 05/04/2007 | 20/06/2007 | Dutch |
Valuation
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.
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
Board of directors
Source · NBB, accounts to 31/12/20251 active · 6 ended
Active mandates
David Belmans
ActiveEnded mandates
David Belmans
EndedDavid Belmans
EndedDavid Belmans
EndedDavid Belmans
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025110,9 k €↓
- 2024Annual accounts 2024227,7 k €↓
- 2024Name changeBelmans Recycling
- 2023Annual accounts 2023600,3 k €↓
- 2022Annual accounts 2022880,6 k €↑
- 2021Annual accounts 2021703,9 k €↑
- 2020Annual accounts 2020631,7 k €↑
- 2019Annual accounts 2019430,7 k €↑
- 2018Annual accounts 2018403,4 k €↑
- 2017Annual accounts 2017110,8 k €↓
- 2016Annual accounts 2016114 k €↑
- 2015Annual accounts 20153,4 k €↓
- 2014Annual accounts 201485,2 k €↑
- 2013Annual accounts 2013-85,9 k €↓
- 2012Annual accounts 20125 k €↓
- 2011Annual accounts 201115,6 k €↑
- 2010Annual accounts 2010143 €↓
- 2009Annual accounts 20099,1 k €↓
- 2008Annual accounts 200835,6 k €↑
- 2007Annual accounts 200718,8 k €↑
- 2006Annual accounts 20062,3 k €
- 2006Name changeD. BELMANS
- 12/02/1998IncorporationPrivate limited company