ACTIVE

ES RECYCLE

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Financial year 2025 · closed on 31/12/2025

Net result

49,4 €

+100.5% YoY

Gross margin

8,3 k €

+94.5% YoY

Equity

9,8 k €

+0.5% YoY

What does ES RECYCLE do?

ES RECYCLE is a Private limited company incorporated in 2008. Its main activity is: Wholesale of waste and scrap. Its registered office is in Diepenbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.388.496

Incorporation

12/12/2008

Legal form

Private limited company

Registered office

Grensstraat 79
3590 Diepenbeek · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

46772Wholesale of waste and scrap· main 46872Wholesale trade, except of motor vehicles and motorcycles 47789Other retail sale of new goods in specialised stores 47890Retail sale via stalls and markets of other goods

Signals

ProfitablePositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	8,3 k €	+94.5%	4,3 k €	-87.9%	35,2 k €	-43.4%	62,2 k €	+64.8%	37,7 k €	-30.5%	54,3 k €	+116%	25,1 k €	+160%	9,7 k €	+480%	1,7 k €	-92.5%	22,3 k €	-17.8%	27,2 k €	-17.4%	32,9 k €	+129%	14,4 k €	+172%	-20,1 k €	-438%	6 k €
EBITDA	8 k €	+167090%	-4,8 €	-100%	6,2 k €	-88.1%	51,8 k €	+40.1%	37 k €	+30.4%	28,4 k €	+17.3%	24,2 k €	+155%	9,5 k €	+51688%	-18,3 €	-100%	21,2 k €	-17.5%	25,6 k €	-4.3%	26,8 k €	+227%	8,2 k €	+127%	-30,8 k €	-1887%	1,7 k €
Operating result	-731,8 €	+88.5%	-6,4 k €	-495%	-1,1 k €	-103%	40,5 k €	+101%	20,2 k €	+169%	7,5 k €	-23.0%	9,7 k €	+753%	-1,5 k €	+51.2%	-3,1 k €	-119%	16,5 k €	+16.9%	14,1 k €	+7.8%	13,1 k €	+340%	-5,4 k €	+87.7%	-44,2 k €	-290%	-11,3 k €
Net result	49,4 €	+100%	-10,3 k €	-285%	-2,7 k €	-111%	25,1 k €	+99.4%	12,6 k €	+138%	5,3 k €	-35.9%	8,2 k €	-40.5%	13,9 k €	+875%	-1,8 k €	-112%	15,1 k €	+121%	6,8 k €	+1.5%	6,7 k €	+164%	-10,5 k €	+79.8%	-52,1 k €	-324%	-12,3 k €
Balance sheet
Equity	9,8 k €	+0.5%	9,7 k €	-66.6%	29 k €	-8.5%	31,7 k €	+381%	6,6 k €	+210%	-6 k €	+46.8%	-11,3 k €	+64.6%	-31,9 k €	+30.3%	-45,8 k €	-14.2%	-40,1 k €	+27.3%	-55,2 k €	+11.0%	-62 k €	+9.8%	-68,7 k €	-18.1%	-58,2 k €	-856%	-6,1 k €
Total assets	218,8 k €	-26.2%	296,4 k €	+9.0%	272 k €	-3.1%	280,7 k €	+2.6%	273,5 k €	+3.6%	264 k €	+1.4%	260,5 k €	+6.1%	245,4 k €	+23.5%	198,8 k €	-6.4%	212,3 k €	-5.1%	223,8 k €	-37.4%	357,6 k €	+57.7%	226,7 k €	-16.9%	272,9 k €	+228%	83,2 k €
Cash	435,2 €	-37.1%	691,8 €	+159%	267,3 €	-81.0%	1,4 k €	+69817%	2 €	-100.0%	6,3 k €	+686%	796 €	-76.6%	3,4 k €	+332%	789 €	-33.4%	1,2 k €		–		–		–		12,1 k €	-12.3%	13,8 k €
Debts	209 k €	-27.1%	286,7 k €	+18.0%	243 k €	-2.4%	248,9 k €	-4.6%	260,9 k €	+1.5%	257 k €	-5.4%	271,7 k €	-2.0%	277,4 k €	+13.4%	244,6 k €	-3.1%	252,4 k €	-9.5%	279 k €	-33.5%	419,6 k €	+42.0%	295,4 k €	-10.8%	331,1 k €	+271%	89,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	-50.0%	0,2 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 31/12/2024 · 1 active · 3 ended

Active mandates

Eric Switten

Director

Active

Ended mandates

Bert Switten

Manager

Ended

Eric Switten

Mandate

Ended

Eric Switten

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/08/2026	27/08/2025	07/03/2024	07/03/2024	07/03/2024	28/10/2020
General meeting	10/06/2026	10/06/2025	10/06/2023	10/06/2022	10/06/2021	02/09/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	10/06/2026	04/08/2026	Dutch	PDF
Micro model	31/12/2024	10/06/2025	27/08/2025	Dutch	PDF
Micro model	31/12/2022	10/06/2023	07/03/2024	Dutch	PDF
Micro model	31/12/2021	10/06/2022	07/03/2024	Dutch	PDF
Micro model	31/12/2020	10/06/2021	07/03/2024	Dutch	PDF
Micro model	31/12/2019	02/09/2020	28/10/2020	Dutch	PDF
Micro model	31/12/2018	11/06/2019	27/08/2019	Dutch	PDF
Micro model	31/12/2017	10/06/2018	08/08/2018	Dutch	PDF
Micro model	31/12/2016	10/06/2017	16/10/2017	Dutch	PDF
Abridged model	31/12/2014	10/06/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	18/03/2015	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	18/03/2015	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	24/04/2013	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	24/04/2013	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	18/10/2010	Dutch	PDF

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 31/12/2024 · 1 active · 3 ended

Active mandates

Eric Switten

Director

Active

Ended mandates

Bert Switten

Manager

Ended

Eric Switten

Mandate

Ended

Eric Switten

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office03/06/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/01/2021
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Mandates20/05/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/12/2014
MAATSCHAPPELIJKE ZETEL
PDF
Other16/12/2008
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

2025
Annual accounts 202549,4 €↑
2024
Annual accounts 2024-10,3 k €↓
2024
Name changeEs Recycle
2022
Annual accounts 2022-2,7 k €↓
2021
Annual accounts 202125,1 k €↑
2020
Annual accounts 202012,6 k €↑
2020
Name changeSwitten Eric
2019
Annual accounts 20195,3 k €↓
2018
Annual accounts 20188,2 k €↓
2017
Annual accounts 201713,9 k €↑
2016
Annual accounts 2016-1,8 k €↓
2014
Annual accounts 201415,1 k €↑
2013
Annual accounts 20136,8 k €↑
2012
Annual accounts 20126,7 k €↑
2011
Annual accounts 2011-10,5 k €↑
2010
Annual accounts 2010-52,1 k €↓
2009
Annual accounts 2009-12,3 k €
12/12/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ES RECYCLE

Overview

What does ES RECYCLE do?

Trend over 15 financial years

Indicative valuation

Board of directors

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