ACTIVE

DECO RECYCLING

Financial year 2025 · closed on 31/12/2025
Net result
457 k €
+68.1% YoY
Gross margin
733,9 k €
+12.5% YoY
Equity
1,8 M €
+0.4% YoY
Workforce
4,3 ETP
-14.0% YoY

What does DECO RECYCLING do?

DECO RECYCLING is a Public limited company incorporated in 2006. Its registered office is in Houthalen-Helchteren. It employs on average 4,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0885.993.545
Incorporation
28/12/2006
Legal form
Public limited company
Registered office
Grote Baan 572
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
1 261 874,42 €
Latest accounts
31/12/2025
Average workforce
4,3 ETP
Joint committees (2)
  • 124
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin733,9 k €652,3 k €654,1 k €259 k €270,1 k €353,6 k €331,3 k €321,1 k €547 k €713 k €
EBITDA412,3 k €258,5 k €284,3 k €-7,3 k €-12,1 k €69,7 k €19,9 k €-21,9 k €158,5 k €102,8 k €-36 k €178 k €250,1 k €183,3 k €428,8 k €128,3 k €255,5 k €399,3 k €
Operating result400,1 k €253,6 k €279,4 k €-12,2 k €-15,1 k €59,7 k €18,8 k €-19,6 k €151,7 k €65,9 k €-70,2 k €112,5 k €137,6 k €108,6 k €393 k €79,3 k €190,8 k €316,5 k €
Net result457 k €271,9 k €286,4 k €3,7 k €3,1 k €50,2 k €47,4 k €21,3 k €194 k €121,1 k €11,4 k €129,5 k €123,2 k €128,1 k €328,1 k €115,1 k €198,8 k €256,3 k €
Balance sheet
Equity1,8 M €1,8 M €1,8 M €1,8 M €1,7 M €1,7 M €1,7 M €1,6 M €1,6 M €1,6 M €1,5 M €1,5 M €1,4 M €2 M €1,8 M €1,6 M €1,5 M €1,4 M €
Total assets2,8 M €2,6 M €2,5 M €2 M €2 M €2 M €1,9 M €1,8 M €2,3 M €2,3 M €2,1 M €2,4 M €3,1 M €2,4 M €2,5 M €1,8 M €2 M €1,9 M €
Cash23,7 k €26,9 k €112 k €10,8 k €23,3 k €32,2 k €115,6 k €96,7 k €24,6 k €223,9 k €93,7 k €338,7 k €496,8 k €278,2 k €558,2 k €422,6 k €470,1 k €625,8 k €
Debts922,2 k €788,3 k €715,4 k €218,3 k €224,1 k €326,8 k €245,2 k €154,4 k €615,4 k €591 k €398,5 k €720,2 k €1,6 M €475 k €693,9 k €240,7 k €519,9 k €439 k €
Other
Workforce4,3 ETP5,0 ETP6,0 ETP5,0 ETP5,1 ETP5,1 ETP5,7 ETP6,7 ETP7,8 ETP8,0 ETP8,8 ETP8,7 ETP8,7 ETP9,3 ETP7,0 ETP7,1 ETP6,5 ETP6,3 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 · 4 active · 25 ended

Active mandates

Bert De Coster

Director · since 05 juin 2023 · until 04 juin 2029

Active
Ghislaine Driesen

Managing director · since 05 juin 2023 · until 04 juin 2029

Active
Rob De coster

Director · since 05 juin 2023 · until 04 juin 2029

Active
TROBEJA

Managing director · since 05 juin 2023 · until 04 juin 2029 · 0447.174.849

Represented by De Coster Felix Dominique

Active

Ended mandates

Bert De Coster

Director · since 04 juin 2018 · until 04 juin 2024

Ended
Ghilslaine Driesen

Managing director · since 04 juin 2018 · until 04 juin 2024

Ended
Ghislaine Driesen

Managing director · since 04 juin 2018 · until 04 juin 2024

Ended
Rob De Coster

Director · since 04 juin 2018 · until 04 juin 2024

Ended
At this address

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IMMO-MARActive
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PROJECTGRONDActive
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VEBOMAActive
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date07/07/202625/06/202524/06/202426/06/202312/07/202209/07/2021
General meeting25/06/202602/06/202503/06/202405/06/202307/06/202207/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202607/07/2026DutchPDF
Abridged model31/12/202402/06/202525/06/2025DutchPDF
Abridged model31/12/202303/06/202424/06/2024DutchPDF
Abridged model31/12/202205/06/202326/06/2023DutchPDF
Abridged model31/12/202107/06/202212/07/2022DutchPDF
Abridged model31/12/202007/06/202109/07/2021DutchPDF
Abridged model31/12/201902/06/202008/07/2020DutchPDF
Abridged model31/12/201803/06/201909/07/2019DutchPDF
Abridged model31/12/201704/06/201802/07/2018DutchPDF
Full modelCorrection31/12/201605/06/201709/08/2017DutchPDF
Full model31/12/201605/06/201728/06/2017DutchPDF
Full model31/12/201506/06/201620/06/2016DutchPDF
Full model31/12/201401/06/201503/07/2015DutchPDF
Full model31/12/201302/06/201427/06/2014DutchPDF
Full model31/12/201203/06/201325/06/2013DutchPDF
Full model31/12/201129/06/201217/08/2012DutchPDF
Full model31/12/201030/06/201108/07/2011DutchPDF
Full model31/12/200930/06/201030/07/2010DutchPDF
Abridged model31/12/200802/06/200930/06/2009DutchPDF
Abridged model31/12/200730/06/200828/08/2008DutchPDF
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 · 4 active · 25 ended

Active mandates

Bert De Coster

Director · since 05 juin 2023 · until 04 juin 2029

Active
Ghislaine Driesen

Managing director · since 05 juin 2023 · until 04 juin 2029

Active
Rob De coster

Director · since 05 juin 2023 · until 04 juin 2029

Active
TROBEJA

Managing director · since 05 juin 2023 · until 04 juin 2029 · 0447.174.849

Represented by De Coster Felix Dominique

Active

Ended mandates

Bert De Coster

Director · since 04 juin 2018 · until 04 juin 2024

Ended
Ghilslaine Driesen

Managing director · since 04 juin 2018 · until 04 juin 2024

Ended
Ghislaine Driesen

Managing director · since 04 juin 2018 · until 04 juin 2024

Ended
Rob De Coster

Director · since 04 juin 2018 · until 04 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/09/2007
    KAPITAAL - AANDELEN
    PDF
  • Restructuring26/06/2007
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates23/01/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/01/2007
    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 2025457 k €
  2. 2024
    Annual accounts 2024271,9 k €
  3. 2023
    Annual accounts 2023286,4 k €
  4. 2022
    Annual accounts 20223,7 k €
  5. 2021
    Annual accounts 20213,1 k €
  6. 2019
    Annual accounts 201950,2 k €
  7. 2018
    Annual accounts 201847,4 k €
  8. 2017
    Annual accounts 201721,3 k €
  9. 2016
    Annual accounts 2016194 k €
  10. 2015
    Annual accounts 2015121,1 k €
  11. 2014
    Annual accounts 201411,4 k €
  12. 2013
    Annual accounts 2013129,5 k €
  13. 2012
    Annual accounts 2012123,2 k €
  14. 2011
    Annual accounts 2011128,1 k €
  15. 2010
    Annual accounts 2010328,1 k €
  16. 2009
    Annual accounts 2009115,1 k €
  17. 2008
    Annual accounts 2008198,8 k €
  18. 2007
    Annual accounts 2007256,3 k €
  19. 28/12/2006
    IncorporationPublic limited company