ACTIVE

CENTRIBEL RECYCLAGE

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Financial year 2025 · closed on 31/12/2025

Net result

21,4 k €

+12.4% YoY

Gross margin

1,6 M €

+45.1% YoY

Equity

1,1 M €

+1.8% YoY

Workforce

10,0 ETP

-5.7% YoY

What does CENTRIBEL RECYCLAGE do?

CENTRIBEL RECYCLAGE is a Private limited company incorporated in 2007. Its registered office is in Couvin. It employs on average 10,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0890.299.157

Incorporation

25/06/2007

Legal form

Private limited company

Registered office

Rue Nicolas Darche 18
5660 Couvin · WallonieSee on map

Contributed capital

497 056,04 €

Latest accounts

31/12/2025

Average workforce

10,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	1,6 M €	+45.1%	1,1 M €	+2.4%	1 M €	+9.5%	956 k €	-24.8%	1,3 M €	+46.9%	864,6 k €	-0.5%	868,9 k €	+6.0%	820 k €	+19.1%	688,7 k €	-8.6%	753,7 k €	+16.1%	649,3 k €	+14.1%	569,1 k €	+14.8%	495,6 k €	+10.7%	447,7 k €	+30.8%	342,3 k €	+28.1%	267,2 k €
EBITDA	500,2 k €	+40.4%	356,4 k €	-3.2%	368,2 k €	-5.9%	391,3 k €	-7.3%	422,1 k €	+19.6%	353 k €	+5.9%	333,4 k €	+3.2%	323,1 k €	+22.0%	264,8 k €	-20.4%	332,7 k €	+6.1%	313,4 k €	+10.9%	282,7 k €	+37.4%	205,7 k €	-4.4%	215,2 k €	+13.6%	189,5 k €	+25.9%	150,4 k €
Operating result	53,2 k €	+39.6%	38,1 k €	-38.2%	61,6 k €	-58.5%	148,6 k €	+227%	45,4 k €	-37.8%	73 k €	-29.6%	103,8 k €	+16.1%	89,4 k €	+14.0%	78,4 k €	-11.8%	88,9 k €	-7.2%	95,7 k €	+60.0%	59,8 k €	+55.3%	38,5 k €	-17.2%	46,5 k €	-8.3%	50,8 k €	-10.8%	56,9 k €
Net result	21,4 k €	+12.4%	19,1 k €	-51.6%	39,4 k €	-69.8%	130,5 k €	+30.5%	100 k €	+59.3%	62,8 k €	-2.0%	64,1 k €	+1.3%	63,2 k €	+23.4%	51,2 k €	-18.2%	62,7 k €	-14.2%	73,1 k €	+46.3%	50 k €	-55.4%	112,1 k €	+241%	32,9 k €	+8.6%	30,3 k €	-14.1%	35,2 k €
Balance sheet
Equity	1,1 M €	+1.8%	1,1 M €	+1.7%	1 M €	+3.8%	997,1 k €	-7.7%	1,1 M €	+0.2%	1,1 M €	+6.2%	1 M €	+4.9%	967,5 k €	+6.1%	911,7 k €	+5.0%	867,9 k €	+8.2%	802 k €	+9.8%	730,2 k €	+3.3%	706,8 k €	+28.5%	549,8 k €	+6.3%	517,2 k €	+6.1%	487,6 k €
Total assets	2,3 M €	-2.9%	2,3 M €	+0.3%	2,3 M €	-6.6%	2,5 M €	+13.7%	2,2 M €	+1.1%	2,2 M €	+22.7%	1,8 M €	+0.4%	1,8 M €	-4.3%	1,8 M €	+3.5%	1,8 M €	+5.7%	1,7 M €	-2.5%	1,7 M €	+19.2%	1,4 M €	-3.9%	1,5 M €	+44.1%	1 M €	-3.0%	1,1 M €
Cash	195,4 k €	-39.0%	320,3 k €	+12.2%	285,4 k €	-14.9%	335,2 k €	+158%	129,9 k €	+15.9%	112,1 k €	-63.6%	307,7 k €	+313%	74,5 k €	-43.4%	131,4 k €	-31.9%	193,1 k €	-11.9%	219,1 k €	-21.4%	278,5 k €	+104%	136,4 k €	-26.7%	186 k €	+27.7%	145,7 k €	+77.0%	82,3 k €
Debts	1,2 M €	-6.7%	1,3 M €	-0.9%	1,3 M €	-13.4%	1,5 M €	+34.5%	1,1 M €	+3.1%	1,1 M €	+43.0%	751,5 k €	-4.4%	786,4 k €	-15.1%	925,9 k €	+3.6%	893,4 k €	+1.7%	878,1 k €	-11.5%	992,5 k €	+34.5%	737,9 k €	-22.6%	953,9 k €	+81.2%	526,3 k €	-10.5%	588 k €
Other
Workforce	10,0 ETP	-5.7%	10,6 ETP	+2.9%	10,3 ETP	+1.0%	10,2 ETP	+12.1%	9,1 ETP	-8.1%	9,9 ETP	+7.6%	9,2 ETP	+16.5%	7,9 ETP	+8.2%	7,3 ETP	+12.3%	6,5 ETP	+10.2%	5,9 ETP	+13.5%	5,2 ETP	-1.9%	5,3 ETP	+23.3%	4,3 ETP	+30.3%	3,3 ETP	+10.0%	3,0 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 · 2 active

Active mandates

Christian BELLEFLAMME

Manager

Active

Liliane RAVOISIN

Director

Active

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	31/12/2019
Length of the financial year	18 months	12 months	12 months	12 months	18 months	12 months
Filing date	23/07/2026	31/01/2025	21/12/2023	27/06/2023	24/01/2022	21/08/2020
General meeting	05/06/2026	06/12/2024	01/12/2023	02/12/2022	03/12/2021	30/05/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	23/07/2026	French	PDF
Abridged model	30/06/2024	06/12/2024	31/01/2025	French	PDF
Abridged model	30/06/2023	01/12/2023	21/12/2023	French	PDF
Abridged modelCorrection	30/06/2022	02/12/2022	27/06/2023	French	PDF
Abridged model	30/06/2022	02/12/2022	05/01/2023	English	PDF
Abridged model	30/06/2021	03/12/2021	24/01/2022	French	PDF
Abridged model	31/12/2019	30/05/2020	21/08/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	23/07/2019	French	PDF
Abridged model	31/12/2017	31/05/2018	29/06/2018	French	PDF
Abridged model	31/12/2016	31/05/2017	28/07/2017	French	PDF
Abridged model	31/12/2015	31/05/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	31/05/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	31/05/2014	24/07/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	23/08/2013	French	PDF
Abridged model	31/12/2011	31/05/2012	28/06/2012	French	PDF
Abridged model	31/12/2010	31/05/2011	22/06/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	30/06/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	24/07/2009	French	PDF

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 · 2 active

Active mandates

Christian BELLEFLAMME

Manager

Active

Liliane RAVOISIN

Director

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Annual accounts03/04/2025
COMPTES ANNUELS - DIVERS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Mandates01/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates02/05/2023
DEMISSIONS, NOMINATIONS
PDF
Other06/01/2021
ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares23/01/2014
CAPITAL, ACTIONS
PDF
Mandates04/06/2013
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office05/04/2012
SIEGE SOCIAL
PDF
Capital / shares29/05/2008
CAPITAL, ACTIONS
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 202521,4 k €↑
2024
Annual accounts 202419,1 k €↓
2023
Annual accounts 202339,4 k €↓
2022
Annual accounts 2022130,5 k €↑
2021
Annual accounts 2021100 k €↑
2019
Annual accounts 201962,8 k €↓
2018
Annual accounts 201864,1 k €↑
2017
Annual accounts 201763,2 k €↑
2016
Annual accounts 201651,2 k €↓
2015
Annual accounts 201562,7 k €↓
2014
Annual accounts 201473,1 k €↑
2013
Annual accounts 201350 k €↓
2012
Annual accounts 2012112,1 k €↑
2011
Annual accounts 201132,9 k €↑
2010
Annual accounts 201030,3 k €↓
2009
Annual accounts 200935,2 k €
25/06/2007
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

CENTRIBEL RECYCLAGE

Overview

What does CENTRIBEL RECYCLAGE do?

Trend over 16 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