ACTIVE

ArcelorMittal Belgium Recycling

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Financial year 2025 · closed on 31/12/2025
Net result
-2 M €
+31.5% YoY
Revenue
30,3 M €
+13.1% YoY
Equity
896,6 k €
-68.8% YoY
Workforce
162,3 ETP
-0.5% YoY

What does ArcelorMittal Belgium Recycling do?

ArcelorMittal Belgium Recycling is a Public limited company incorporated in 2022. Its main activity is: Wholesale of waste and scrap. Its registered office is in Gent. It employs on average 162,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0795.572.521
Incorporation
30/12/2022
Legal form
Public limited company
Registered office
John Kennedylaan 51
9042 Gent · FlandreSee on map
Contributed capital
6 650 000,00 €
Latest accounts
31/12/2025
Average workforce
162,3 ETP
Activities (NACE)
46772Wholesale of waste and scrap· main46872Wholesale trade, except of motor vehicles and motorcycles52250Support activities for transportation52290Other transportation support activities52210Service activities incidental to land transportation52210Service activities incidental to land transportation
Joint committees (2)
  • 111
  • 209
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Revenue30,3 M €26,8 M €18,3 M €
EBITDA1,4 M €463,8 k €1,3 M €
Operating result-1,8 M €-2,7 M €-778,8 k €
Net result-2 M €-2,9 M €-881,9 k €
Balance sheet
Equity896,6 k €2,9 M €5,8 M €
Total assets19,5 M €16,6 M €16,2 M €
Cash809,2 k €–113,7 k €
Debts18,3 M €12,1 M €10,3 M €
Other
Workforce162,3 ETP163,1 ETP157,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

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

Active mandates

Matthias Vandamme

Director · since 01 avril 2025 · until 03 mai 2028

Active
Frederik Engels

Director · since 01 janvier 2025 · until 03 mai 2028

Active
ARCELORMITTAL HOLDING AND SERVICES BELGIUM

Director · since 30 décembre 2022 · until 03 mai 2028 · 0429.496.204

Represented by Erwin De Meyst

Active
Frouke Lambert

Director · since 30 décembre 2022 · until 01 avril 2025

Active
Petra Verlodt

Director · since 30 décembre 2022 · until 03 mai 2028

Active

Ended mandates

Frouke Lambert

Director · since 30 décembre 2022 · until 03 mai 2028

Ended
Jeroen Van Lishout

Director · since 30 décembre 2022 · until 01 janvier 2025

Ended
Jeroen Van Listhout

Director · since 30 décembre 2022 · until 03 mai 2028

Ended
Krzysztof Krol

Director · since 30 décembre 2022 · until 22 octobre 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
ArcelorMittal Tailored Blanks● Active
0891.431.780
ArcelorMittal Tailored Blanks Gent● Active
0884.331.578
C-Shift● Active
0634.938.739
IMCG INDUSTRIESERVICE SRL● Active
1012.576.763
Vriendenkring - Sidmar● Active
0416.867.495
Annual accounts

Full financial information

202520242023
Type of accountFull modelFull modelFull model
Start of the financial year01/01/202501/01/202430/12/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months13 months
Filing date22/06/202619/06/202522/01/2025
General meeting27/05/202628/05/202528/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/05/202622/06/2026DutchPDF
Full model31/12/202428/05/202519/06/2025DutchPDF
Full model31/12/202328/06/202422/01/2025DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

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

Active mandates

Matthias Vandamme

Director · since 01 avril 2025 · until 03 mai 2028

Active
Frederik Engels

Director · since 01 janvier 2025 · until 03 mai 2028

Active
ARCELORMITTAL HOLDING AND SERVICES BELGIUM

Director · since 30 décembre 2022 · until 03 mai 2028 · 0429.496.204

Represented by Erwin De Meyst

Active
Frouke Lambert

Director · since 30 décembre 2022 · until 01 avril 2025

Active
Petra Verlodt

Director · since 30 décembre 2022 · until 03 mai 2028

Active

Ended mandates

Frouke Lambert

Director · since 30 décembre 2022 · until 03 mai 2028

Ended
Jeroen Van Lishout

Director · since 30 décembre 2022 · until 01 janvier 2025

Ended
Jeroen Van Listhout

Director · since 30 décembre 2022 · until 03 mai 2028

Ended
Krzysztof Krol

Director · since 30 décembre 2022 · until 22 octobre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/01/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-2 M €↑
  2. 2024
    Annual accounts 2024-2,9 M €↓
  3. 2023
    Annual accounts 2023-881,9 k €
  4. 30/12/2022
    IncorporationPublic limited company