ACTIVE

Rubbergreen Industrie

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Financial year 2025 · Closed on 31/12/2025

Net result-1,7 M €+14,0 %over 1 year

Gross margin1,6 M €+12,8 %over 1 year

Equity2,8 M €+9,5 %over 1 year

Workforce38,7 ETP+7,5 %over 1 year

Identity

Source · BCE/KBO

Rubbergreen Industrie is a Public limited company incorporated in 2009. Its main activity is: Manufacture of rubber products. Its registered office is in Frameries. It employs on average 38,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0812.243.356
Incorporation: 10/06/2009
Legal form: Public limited company
Registered office: Route de Bavay 44
7080 Frameries · WallonieSee on map
Contributed capital: 3 911 284,73 €
Latest accounts: 31/12/2025
Average workforce: 38,7 ETP

Activities (NACE)

22120Manufacture of rubber products· main 22190Manufacture of other rubber products

Joint committees (2)

Signals

Solid equityHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 15 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,6 M €	+12.8%	1,4 M €	+34.4%	1,1 M €	-53.2%	2,3 M €	+228%	698,9 k €
EBITDA	-743,4 k €	+32.0%	-1,1 M €	+1.0%	-1,1 M €	-507%	271,3 k €	+124%	-1,1 M €
Operating result	-1,6 M €	+16.4%	-1,9 M €	+0.9%	-2 M €	-619%	-272 k €	+83.0%	-1,6 M €
Net result	-1,7 M €	+14.0%	-2 M €	+4.0%	-2,1 M €	-409%	-414,8 k €	+75.8%	-1,7 M €
Balance sheet
Equity	2,8 M €	+9.5%	2,5 M €	-20.9%	3,2 M €	-36.0%	5 M €	+79.7%	2,8 M €
Total assets	8,3 M €	-6.0%	8,8 M €	-5.9%	9,4 M €	-9.0%	10,3 M €	+21.8%	8,5 M €
Cash	132,1 k €	-77.2%	579,8 k €	+105%	282,8 k €	-88.4%	2,4 M €	+1257%	180,2 k €
Debts	5,5 M €	-12.3%	6,3 M €	+2.8%	6,1 M €	+15.6%	5,3 M €	-6.6%	5,7 M €
Other
Workforce	38,7 ETP	+7.5%	36,0 ETP	+10.4%	32,6 ETP	+3.8%	31,4 ETP	+2.6%	30,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 15 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frédéric de Stexhe	Administrateur judiciaire24/04/2024 → 05/06/2026
Nicolas Defauw	Director13/12/2023 → 13/12/2029
mindchange.gegc0752.649.427Represented by Guy ETHIER	Director26/04/2022 → 05/06/2026
OPHIUCHUS0781.331.733Represented by Olivier PRUD'HOMME	Managing director03/03/2022 → 05/06/2026
IMBC SPINNOVA0870.661.013Represented by Serge DEMOULIN	Director04/12/2020 → 05/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Cian McComb	Director13/12/2023 → 2023 accounts
Andrew STACEY PIERS	Director04/12/2020 → 2022 accounts
Andy Piers	Director04/12/2020 → 13/12/2023
Edith Coune	Director04/12/2020 → 2020 accounts

Other companies at this address

Route de Bavay 44 7080 Frameries

Company	CBE no.
RubberGreen Manufacturing● Active	1038.554.353

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	29/09/2026	11/08/2025	27/08/2024	28/06/2023	01/07/2022	08/06/2021
General meeting	16/09/2026	28/07/2025	07/06/2024	02/06/2023	03/06/2022	03/06/2021
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, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/09/2026	29/09/2026	French	PDF
Abridged model	31/12/2024	28/07/2025	11/08/2025	French	PDF
Abridged model	31/12/2023	07/06/2024	27/08/2024	French	PDF
Abridged model	31/12/2022	02/06/2023	28/06/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	01/07/2022	French	PDF
Abridged model	31/12/2020	03/06/2021	08/06/2021	French	PDF
Abridged model	31/12/2019	26/10/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	05/08/2019	French	PDF
Abridged model	31/12/2017	30/05/2018	11/07/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	27/07/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	29/07/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	08/07/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	26/07/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	27/08/2010	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 15 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frédéric de Stexhe	Administrateur judiciaire24/04/2024 → 05/06/2026
Nicolas Defauw	Director13/12/2023 → 13/12/2029
mindchange.gegc0752.649.427Represented by Guy ETHIER	Director26/04/2022 → 05/06/2026
OPHIUCHUS0781.331.733Represented by Olivier PRUD'HOMME	Managing director03/03/2022 → 05/06/2026
IMBC SPINNOVA0870.661.013Represented by Serge DEMOULIN	Director04/12/2020 → 05/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Cian McComb	Director13/12/2023 → 2023 accounts
Andrew STACEY PIERS	Director04/12/2020 → 2022 accounts
Andy Piers	Director04/12/2020 → 13/12/2023
Edith Coune	Director04/12/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other13/10/2026
DIVERS
PDF
Other12/08/2026
Projet conjoint de cession d'une branche d'activité
PDF
Mandates12/03/2026
DEMISSIONS, NOMINATIONS
PDF
Capital / shares11/03/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Capital / shares30/07/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Capital / shares02/06/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates15/07/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings15 filings

Mandates

Frédéric de Stexhe

Nicolas Defauw

mindchange.gegc

OPHIUCHUS

IMBC SPINNOVA

Cian McComb

MONTICELLO

MARCOTECH

Edith COUNE

Andy Piers

Andrew STACEY PIERS

SOCIETE D'INVESTISSEMENT DE MONS, DU BORINAGE ET DU CENTRE

Show the 8 other mandates

200920102011201220132014201520162017201820192020202120222023202420252026202720282029

Rubbergreen Industrie

Route de Bavay 44, 7080 Frameries

Administrateur judiciaire

Director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Route de Bavay 44, 7080 FrameriesCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00530955

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Rubbergreen IndustrieCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00530955

Events

2025
Annual accounts 2025-1,7 M €↑
2024
Annual accounts 2024-2 M €↑
2023
Annual accounts 2023-2,1 M €↓
2022
Annual accounts 2022-414,8 k €↑
2021
Annual accounts 2021-1,7 M €↓
2018
Annual accounts 2018-116,9 k €↓
2017
Annual accounts 2017183,5 k €↑
2016
Annual accounts 201619,8 k €↑
2015
Annual accounts 201510,5 k €↓
2014
Annual accounts 201413,2 k €↓
2013
Annual accounts 201314,6 k €↑
2012
Annual accounts 2012-6,3 k €↑
2011
Annual accounts 2011-7,9 k €↑
2010
Annual accounts 2010-14,1 k €↑
2009
Annual accounts 2009-43,2 k €
10/06/2009
IncorporationPublic limited company

Rubbergreen Industrie

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

Registered offices

Company names

Events