ACTIVE

INDUSTRIAL RECYCLERS HOLDING

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Financial year 2025 · Closed on 31/12/2025

Net result962 k €-64,7 %over 1 year

Gross margin111,2 k €+161,3 %over 1 year

Equity3,9 M €-1,3 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

INDUSTRIAL RECYCLERS HOLDING is a Public limited company incorporated in 1999. Its main activity is: Activities of holding companies. Its registered office is in Manhay. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0466.218.721
Incorporation: 09/06/1999
Legal form: Public limited company
Registered office: Parc Industriel, Dochamps 5
6960 Manhay · WallonieSee on map
Contributed capital: 154 000,00 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities 64200Activities of holding companies+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	111,2 k €	+161%	42,6 k €		–		–		–
EBITDA	66,9 k €	+253%	-43,7 k €	-100.0%	-21,9 k €	-392%	7,5 k €	-55.5%	16,8 k €
Operating result	66,9 k €	+355%	-26,2 k €	-19.9%	-21,9 k €	-118%	-10 k €	-159%	16,8 k €
Net result	962 k €	-64.7%	2,7 M €	+186%	954,4 k €	+191%	327,5 k €	+8885%	3,6 k €
Balance sheet
Equity	3,9 M €	-1.3%	3,9 M €	+224%	1,2 M €	-70.5%	4,1 M €	-14.0%	4,8 M €
Total assets	5,2 M €	+18.2%	4,4 M €	-16.2%	5,2 M €	+1.3%	5,2 M €	+0.7%	5,1 M €
Cash	65,7 k €	+229%	20 k €	-72.1%	71,5 k €	+236%	21,3 k €	+823%	2,3 k €
Debts	1,3 M €	+192%	441,6 k €	-89.0%	4 M €	+286%	1 M €	+221%	324,5 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+11.1%	0,9 ETP	-10.0%	1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 11 ended

Active mandates

Jean-Philippe Mitula

Managing director · since 16 mai 2025 · until 16 mai 2031

Active

Marc Parthoens

Managing director · since 16 mai 2025 · until 16 mai 2031

Active

Ended mandates

Marc Parthoens

Managing director · since 17 mai 2021 · until 16 mai 2025

Ended

Jean-Philippe Mitula

Managing director · since 17 mai 2019 · until 16 mai 2025

Ended

Marc Parthoens

Managing director · since 17 mai 2019 · until 16 mai 2025

Ended

Jean-Philippe MITULA

Managing director · since 18 mai 2007 · until 17 mai 2013

Ended

Other companies at this address

Parc Industriel, Dochamps 5 6960 Manhay

Company	CBE no.
IMMO INVEST● Active	0897.489.530
INDUSTRIAL RECYCLERS FINANCE● Active	0890.608.567
INDUSTRIAL RECYCLERS LOGISTICS● Active	0653.813.553
INDUSTRIAL RECYCLERS PROPERTY● Active	0872.411.367
Plastic Pool Europe● Active	0452.059.194
PLASTIC POOL EUROPE● Active	0726.915.228

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full model	Full model	Full model	Full 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	16/07/2026	20/06/2025	03/07/2024	10/07/2023	20/07/2022	28/07/2021
General meeting	30/06/2026	16/05/2025	07/06/2024	09/06/2023	20/05/2022	11/06/2021
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

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	16/07/2026	French	PDF
Abridged model	31/12/2024	16/05/2025	20/06/2025	French	PDF
Full model	31/12/2023	07/06/2024	03/07/2024	French	PDF
Full model	31/12/2022	09/06/2023	10/07/2023	French	PDF
Full model	31/12/2021	20/05/2022	20/07/2022	French	PDF
Full model	31/12/2020	11/06/2021	28/07/2021	French	PDF
Abridged model	31/12/2019	30/09/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	12/07/2019	16/10/2019	French	PDF
Abridged model	31/12/2017	18/05/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	19/05/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	20/05/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	15/05/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	16/05/2014	07/08/2014	French	PDF
Abridged model	31/12/2012	17/05/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	18/05/2012	03/07/2012	French	PDF
Abridged model	31/12/2010	20/05/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	21/05/2010	19/07/2010	French	PDF
Abridged model	31/12/2008	15/05/2009	17/06/2009	French	PDF
Abridged model	31/12/2007	16/05/2008	30/06/2008	French	PDF
Abridged model	31/12/2006	18/05/2007	19/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

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

2 active · 11 ended

Active mandates

Jean-Philippe Mitula

Managing director · since 16 mai 2025 · until 16 mai 2031

Active

Marc Parthoens

Managing director · since 16 mai 2025 · until 16 mai 2031

Active

Ended mandates

Marc Parthoens

Managing director · since 17 mai 2021 · until 16 mai 2025

Ended

Jean-Philippe Mitula

Managing director · since 17 mai 2019 · until 16 mai 2025

Ended

Marc Parthoens

Managing director · since 17 mai 2019 · until 16 mai 2025

Ended

Jean-Philippe MITULA

Managing director · since 18 mai 2007 · until 17 mai 2013

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates07/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates22/07/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares23/01/2024
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/12/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates24/01/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates17/05/2019
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Capital / shares31/01/2017
CAPITAL, ACTIONS
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025962 k €↓
2024
Annual accounts 20242,7 M €↑
2023
Annual accounts 2023954,4 k €↑
2022
Annual accounts 2022327,5 k €↑
2021
Annual accounts 20213,6 k €↑
2020
Annual accounts 2020-114,8 k €↓
2019
Annual accounts 20196,7 k €↑
2018
Annual accounts 2018-6,4 k €↓
2017
Annual accounts 201754,6 k €↑
2016
Annual accounts 201654,3 k €↑
2015
Annual accounts 20153,6 k €↓
2014
Annual accounts 201452,4 k €↓
2013
Annual accounts 201353,9 k €↓
2012
Annual accounts 2012248,8 k €↑
2011
Annual accounts 2011191,1 k €↓
2010
Annual accounts 2010196,6 k €↓
2009
Annual accounts 2009285,8 k €↓
2008
Annual accounts 20081,2 M €↑
2007
Annual accounts 2007454,2 k €↑
2006
Annual accounts 2006166,8 k €
09/06/1999
IncorporationPublic limited company

INDUSTRIAL RECYCLERS HOLDING

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