ACTIVE

INDUSTRIAL RECYCLERS LOGISTICS

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Financial year 2025 · Closed on 31/12/2025

Net result70,5 k €+6,1 %over 1 year

Gross margin840,3 k €+12,1 %over 1 year

Equity1,1 M €+6,9 %over 1 year

Workforce6,7 ETP+4,7 %over 1 year

Identity

Source · BCE/KBO

INDUSTRIAL RECYCLERS LOGISTICS is a Private company with limited liability incorporated in 2016. Its main activity is: Collection of non-hazardous waste. Its registered office is in Manhay. It employs on average 6,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0653.813.553
Incorporation: 04/05/2016
Legal form: Private company with limited liability
Registered office: Parc Industriel, Dochamps 5
6960 Manhay · WallonieSee on map
Contributed capital: 264 043,28 €
Latest accounts: 31/12/2025
Average workforce: 6,7 ETP

Activities (NACE)

38110Collection of non-hazardous waste· main 38110Collection of non-hazardous waste 52210Service activities incidental to land transportation 52210Service activities incidental to land transportation 52249Cargo handling 52249Cargo handling+8

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	840,3 k €	+12.1%	749,8 k €	+4.7%	716,4 k €	+11.2%	644 k €	-61.0%	1,6 M €
EBITDA	462 k €	+12.9%	409,3 k €	-0.6%	411,7 k €	+55.0%	265,6 k €	-79.5%	1,3 M €
Operating result	168,1 k €	-1.6%	170,8 k €	-29.5%	242,3 k €	+160%	93,2 k €	-91.3%	1,1 M €
Net result	70,5 k €	+6.1%	66,4 k €	-38.3%	107,5 k €	+850%	11,3 k €	-98.1%	606,7 k €
Balance sheet
Equity	1,1 M €	+6.9%	1 M €	+4.0%	984,2 k €	-0.8%	991,9 k €	-41.0%	1,7 M €
Total assets	3,6 M €	+0.2%	3,6 M €	-3.8%	3,7 M €	-23.9%	4,9 M €	-14.8%	5,7 M €
Cash	58,6 k €	-45.5%	107,5 k €	-43.5%	190,2 k €	-82.6%	1,1 M €	+4509%	23,7 k €
Debts	2,4 M €	-3.9%	2,5 M €	-5.8%	2,7 M €	-30.7%	3,8 M €	-3.6%	4 M €
Other
Workforce	6,7 ETP	+4.7%	6,4 ETP	+12.3%	5,7 ETP	-28.7%	8,0 ETP	-12.1%	9,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 9 ended

Active mandates

Jean-Philippe Mitula

Director · since 04 mai 2016

Active

Marc Parthoens

Director · since 04 mai 2016

Active

Ended mandates

INDUSTRIAL RECYCLERS HOLDING

Manager · since 04 mai 2016 · 0466.218.721

Represented by Marc Parthoens

Ended

Jean-Philippe Mitula

Manager · since 04 mai 2016

Ended

Marc Parthoens

Manager · since 04 mai 2016

Ended

INDUSTRIAL RECYCLERS HOLDING

Manager · until 31 décembre 2019 · 0466.218.721

Represented by Marc Parthoens

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 HOLDING● Active	0466.218.721
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	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	16/07/2026	23/06/2025	03/07/2024	17/07/2023	24/10/2022	28/07/2021
General meeting	24/06/2026	06/06/2025	07/06/2024	23/06/2023	14/10/2022	04/06/2021
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, 11 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/06/2026	16/07/2026	French	PDF
Abridged model	31/12/2024	06/06/2025	23/06/2025	French	PDF
Abridged model	31/12/2023	07/06/2024	03/07/2024	French	PDF
Abridged model	31/12/2022	23/06/2023	17/07/2023	French	PDF
Abridged modelCorrection	31/12/2021	14/10/2022	24/10/2022	French	PDF
Abridged model	31/12/2021	03/06/2022	20/07/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	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	01/06/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	30/08/2017	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 9 ended

Active mandates

Jean-Philippe Mitula

Director · since 04 mai 2016

Active

Marc Parthoens

Director · since 04 mai 2016

Active

Ended mandates

INDUSTRIAL RECYCLERS HOLDING

Manager · since 04 mai 2016 · 0466.218.721

Represented by Marc Parthoens

Ended

Jean-Philippe Mitula

Manager · since 04 mai 2016

Ended

Marc Parthoens

Manager · since 04 mai 2016

Ended

INDUSTRIAL RECYCLERS HOLDING

Manager · until 31 décembre 2019 · 0466.218.721

Represented by Marc Parthoens

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates22/07/2024
DEMISSIONS, NOMINATIONS
PDF
Restructuring21/11/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates16/12/2021
DEMISSIONS, NOMINATIONS
PDF
Restructuring29/11/2021
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring27/07/2021
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates28/10/2020
DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Mandates17/05/2019
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202570,5 k €↑
2024
Annual accounts 202466,4 k €↓
2023
Annual accounts 2023107,5 k €↑
2022
Annual accounts 202211,3 k €↓
2021
Annual accounts 2021606,7 k €↑
2020
Annual accounts 2020111,8 k €↑
2019
Annual accounts 2019-13,4 k €↑
2018
Annual accounts 2018-52,7 k €↓
2017
Annual accounts 201713,7 k €↑
2016
Annual accounts 2016-67,8 k €
04/05/2016
IncorporationPrivate company with limited liability

INDUSTRIAL RECYCLERS LOGISTICS

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