ACTIVE

RECYMAT

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Financial year 2025 · closed on 31/12/2025
Net result
172,2 k €
+4.6% YoY
Gross margin
1,5 M €
+9.3% YoY
Equity
619,5 k €
+16.4% YoY
Workforce
12,6 ETP
-3.8% YoY

What does RECYMAT do?

RECYMAT is a Private limited company incorporated in 2017. Its main activity is: Collection of non-hazardous waste. Its registered office is in Fleurus. It employs on average 12,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0677.780.273
Incorporation
30/06/2017
Legal form
Private limited company
Registered office
Rue Haute(WAG) 97
6223 Fleurus · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
12,6 ETP
Activities (NACE)
38110Collection of non-hazardous waste· main38110Collection of non-hazardous waste38120Collection of hazardous waste38120Collection of hazardous waste38210Treatment and disposal of non-hazardous waste38211Treatment and disposal of non-hazardous waste+2
Joint committees (3)
  • 140
  • 14003
  • 226
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 8 financial years

20252024202320222021202020192018
Income statement
Gross margin1,5 M €1,4 M €1,3 M €953,7 k €509,6 k €219,6 k €48,2 k €6 k €
EBITDA926,2 k €819,8 k €767,6 k €483,2 k €188,1 k €36,7 k €-80,2 k €2,9 k €
Operating result300,8 k €248,4 k €302,4 k €209,5 k €107,3 k €13 k €-82,9 k €1,4 k €
Net result172,2 k €164,6 k €232,4 k €182 k €100,4 k €10,2 k €-84,5 k €691,4 €
Balance sheet
Equity619,5 k €532,3 k €447,3 k €215 k €33 k €-67,4 k €-77,6 k €6,9 k €
Total assets3,8 M €3,7 M €3,2 M €2,5 M €1,1 M €517,8 k €288 k €29,4 k €
Cash128,1 k €47,6 k €61,8 k €132,2 k €27,5 k €16 k €61,8 k €1,9 k €
Debts3,2 M €3,1 M €2,7 M €2,3 M €1 M €585,2 k €365,3 k €22,5 k €
Other
Workforce12,6 ETP13,1 ETP12,3 ETP10,7 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Thomas Cleiren

Director · since 29 juin 2017

Active

Ended mandates

Thomas Cleiren

Director

Ended
THOMAS CLEIREN

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Bâtis-moi PLUS● Active
0648.890.507
ISOPROJECT● Active
0819.632.974
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro 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 date18/06/202627/06/202523/05/202424/04/202306/04/202221/06/2021
General meeting01/06/202602/06/202522/04/202422/03/202331/03/202207/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202618/06/2026FrenchPDF
Abridged model31/12/202402/06/202527/06/2025FrenchPDF
Abridged model31/12/202322/04/202423/05/2024FrenchPDF
Abridged model31/12/202222/03/202324/04/2023FrenchPDF
Micro model31/12/202131/03/202206/04/2022FrenchPDF
Micro model31/12/202007/06/202121/06/2021FrenchPDF
Micro model31/12/201926/06/202017/07/2020FrenchPDF
Micro model31/12/201803/06/201902/07/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Thomas Cleiren

Director · since 29 juin 2017

Active

Ended mandates

Thomas Cleiren

Director

Ended
THOMAS CLEIREN

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/06/2021
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other04/07/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025172,2 k €↑
  2. 2024
    Annual accounts 2024164,6 k €↓
  3. 2023
    Annual accounts 2023232,4 k €↑
  4. 2022
    Annual accounts 2022182 k €↑
  5. 2021
    Annual accounts 2021100,4 k €↑
  6. 2020
    Annual accounts 202010,2 k €↑
  7. 2019
    Annual accounts 2019-84,5 k €↓
  8. 2018
    Annual accounts 2018691,4 €
  9. 30/06/2017
    IncorporationPrivate limited company