ACTIVE

COMET TYRE RECYCLING

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Financial year 2025 · closed on 31/12/2025
Net result
710,9 k €
-54.2% YoY
Gross margin
2,1 M €
-24.8% YoY
Equity
708,5 k €
-29.0% YoY
Workforce
10,7 ETP
+27.4% YoY

What does COMET TYRE RECYCLING do?

COMET TYRE RECYCLING is a Public limited company incorporated in 2001. Its main activity is: Sewerage. Its registered office is in Châtelet. It employs on average 10,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0475.073.732
Incorporation
22/06/2001
Legal form
Public limited company
Registered office
Rivage de Boubier 25
6200 Châtelet · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
10,7 ETP
Activities (NACE)
37200Sewerage· main38210Treatment and disposal of non-hazardous waste38323Recovery of sorted materials
Joint committees (3)
  • 14201
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin2,1 M €2,8 M €2,6 M €1,9 M €1,4 M €763,0 k €996,1 k €630,4 k €430,9 k €485,2 k €597,5 k €748,8 k €660,6 k €615,4 k €627,7 k €514,4 k €406,5 k €463,6 k €415,8 k €225,9 k €
EBITDA1,3 M €2,2 M €2,1 M €1,5 M €1,1 M €478,5 k €679,1 k €447,9 k €274,1 k €324,9 k €534,5 k €480,4 k €418,7 k €381,6 k €431,1 k €361,6 k €172,4 k €187,3 k €283,1 k €127,8 k €
Operating result774,6 k €1,8 M €1,8 M €1,3 M €989,3 k €405,8 k €572,1 k €361,6 k €173,5 k €148,9 k €393,9 k €257,9 k €163,1 k €148,9 k €129,0 k €-190,5 €61,3 k €80,6 k €65,1 k €-6,4 k €
Net result710,9 k €1,6 M €1,5 M €1,1 M €1,1 M €207,7 k €408,7 k €409,5 k €257,7 k €6,8 k €2,6 k €242,7 k €145,4 k €126,2 k €163,3 k €44,1 k €58,8 k €112,1 k €115,1 k €35,4 k €
Balance sheet
Equity708,5 k €997,5 k €665,4 k €718,0 k €559,1 k €235,6 k €400,6 k €602,0 k €1,3 M €979,4 k €972,6 k €970,0 k €807,2 k €756,9 k €675,6 k €547,3 k €514,7 k €485,4 k €465,6 k €317,1 k €
Total assets5,4 M €5,1 M €4,2 M €3,4 M €2,5 M €1,8 M €1,7 M €2,4 M €1,9 M €1,7 M €2,0 M €2,2 M €2,1 M €2,2 M €2,3 M €1,8 M €1,5 M €1,5 M €1,4 M €1,2 M €
Cash898,6 k €1,1 M €1,1 M €1,6 M €1,5 M €1,1 M €1,0 M €1,7 M €897,9 k €1,1 M €1,0 M €1,5 M €1,3 M €1,5 M €1,3 M €1,0 M €897,9 k €887,1 k €709,9 k €82,4 k €
Debts4,4 M €3,8 M €3,2 M €2,5 M €1,4 M €988,7 k €1,0 M €1,5 M €350,8 k €486,9 k €782,8 k €913,4 k €979,3 k €1,2 M €1,3 M €1,0 M €719,1 k €814,6 k €831,9 k €770,4 k €
Other
Workforce10,7 ETP8,4 ETP8,1 ETP7,2 ETP5,8 ETP6,6 ETP5,8 ETP3,1 ETP3,0 ETP3,0 ETP3,0 ETP3,8 ETP5,0 ETP4,3 ETP4,0 ETP3,0 ETP3,0 ETP3,0 ETP4,0 ETP2,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 36 ended

Active mandates

Aurore GROSJEAN

Director · since 20 janvier 2026 · until 20 janvier 2032

Active
COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES

Chairman of the board of directors · since 20 janvier 2026 · until 20 janvier 2032 · 0869.734.860

Represented by Philippe GROSJEAN

Active
Hervé DEMOULIN

Director · since 20 janvier 2026 · until 20 janvier 2032

Active
Maxime GROSJEAN

Director · since 20 janvier 2026 · until 20 janvier 2032

Active
Pierre-François BAREEL

Managing director · since 20 janvier 2026 · until 20 janvier 2032

Active

Ended mandates

HERVE DEMOULIN

Director · since 27 mars 2020 · until 19 décembre 2024

Ended
HERVE DEMOULIN

Director · since 27 mars 2020

Ended
Aurore GROSJEAN

Director · since 19 décembre 2018 · until 19 décembre 2024

Ended
Aurore GROSJEAN

Director · since 19 décembre 2018

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/09/202608/07/202523/07/202404/07/202307/06/202207/06/2021
General meeting01/06/202606/06/202503/06/202405/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202610/09/2026FrenchPDF
Abridged model31/12/202406/06/202508/07/2025FrenchPDF
Abridged model31/12/202303/06/202423/07/2024FrenchPDF
Abridged model31/12/202205/06/202304/07/2023FrenchPDF
Abridged model31/12/202107/06/202207/06/2022FrenchPDF
Abridged model31/12/202007/06/202107/06/2021FrenchPDF
Abridged model31/12/201927/03/202023/06/2020FrenchPDF
Abridged model31/12/201804/06/201917/06/2019FrenchPDF
Abridged model31/12/201704/06/201805/06/2018FrenchPDF
Abridged model31/12/201606/06/201728/06/2017FrenchPDF
Abridged model31/12/201506/06/201615/06/2016FrenchPDF
Abridged model31/12/201429/06/201529/07/2015FrenchPDF
Abridged model31/12/201326/06/201425/08/2014FrenchPDF
Abridged model31/12/201203/06/201304/07/2013FrenchPDF
Abridged model31/12/201104/06/201213/06/2012FrenchPDF
Abridged model31/12/201006/06/201128/06/2011FrenchPDF
Abridged model31/12/200907/06/201001/10/2010FrenchPDF
Abridged model31/12/200822/06/200910/07/2009FrenchPDF
Abridged model31/12/200706/06/200803/07/2008FrenchPDF
Abridged model31/12/200625/06/200706/07/2007FrenchPDF
Estimate

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.

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 36 ended

Active mandates

Aurore GROSJEAN

Director · since 20 janvier 2026 · until 20 janvier 2032

Active
COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES

Chairman of the board of directors · since 20 janvier 2026 · until 20 janvier 2032 · 0869.734.860

Represented by Philippe GROSJEAN

Active
Hervé DEMOULIN

Director · since 20 janvier 2026 · until 20 janvier 2032

Active
Maxime GROSJEAN

Director · since 20 janvier 2026 · until 20 janvier 2032

Active
Pierre-François BAREEL

Managing director · since 20 janvier 2026 · until 20 janvier 2032

Active

Ended mandates

HERVE DEMOULIN

Director · since 27 mars 2020 · until 19 décembre 2024

Ended
HERVE DEMOULIN

Director · since 27 mars 2020

Ended
Aurore GROSJEAN

Director · since 19 décembre 2018 · until 19 décembre 2024

Ended
Aurore GROSJEAN

Director · since 19 décembre 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/01/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/08/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/11/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/07/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/10/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares26/01/2012
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates07/07/2011
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

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 2025710,9 k €↓
  2. 2024
    Annual accounts 20241,6 M €↑
  3. 2023
    Annual accounts 20231,5 M €↑
  4. 2022
    Annual accounts 20221,1 M €↓
  5. 2021
    Annual accounts 20211,1 M €↑
  6. 2020
    Annual accounts 2020207,7 k €↓
  7. 2019
    Annual accounts 2019408,7 k €↓
  8. 2018
    Annual accounts 2018409,5 k €↑
  9. 2017
    Annual accounts 2017257,7 k €↑
  10. 2016
    Annual accounts 20166,8 k €↑
  11. 2015
    Annual accounts 20152,6 k €↓
  12. 2014
    Annual accounts 2014242,7 k €↑
  13. 2013
    Annual accounts 2013145,4 k €↑
  14. 2012
    Annual accounts 2012126,2 k €↓
  15. 2011
    Annual accounts 2011163,3 k €↑
  16. 2010
    Annual accounts 201044,1 k €↓
  17. 2009
    Annual accounts 200958,8 k €↓
  18. 2008
    Annual accounts 2008112,1 k €↓
  19. 2007
    Annual accounts 2007115,1 k €↑
  20. 2006
    Annual accounts 200635,4 k €
  21. 22/06/2001
    IncorporationPublic limited company