ACTIVE

DE CEUSTER RECYCLING

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

375,8 k €

+158.6% YoY

Gross margin

1,4 M €

+40.4% YoY

Equity

1,5 M €

-21.9% YoY

Workforce

9,6 ETP

+12.9% YoY

What does DE CEUSTER RECYCLING do?

DE CEUSTER RECYCLING is a Private limited company incorporated in 2008. Its registered office is in Olen. It employs on average 9,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0896.551.303

Incorporation

14/03/2008

Legal form

Private limited company

Registered office

Hoogbuul 31
2250 Olen · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

9,6 ETP

Joint committees (1)

2260014003

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	1,4 M €	+40.4%	996,5 k €	-15.3%	1,2 M €	+37.1%	858,9 k €	-2.3%	879 k €	+7.9%	814,4 k €	+11.2%	732,5 k €	+4.8%	698,9 k €	+1.3%	690,3 k €	+4.4%	661,3 k €	+14.5%	577,3 k €	+10.1%	524,3 k €	+17.5%	446,2 k €	-6.1%	475,2 k €	-1.1%	480,4 k €	+34.6%	356,9 k €	+26.0%	283,3 k €	+69.5%	167,1 k €
EBITDA	790 k €	+58.8%	497,4 k €	-37.8%	799,8 k €	+66.8%	479,6 k €	-1.4%	486,3 k €	+21.4%	400,5 k €	-6.9%	430,3 k €	+3.5%	415,9 k €	-1.8%	423,4 k €	-5.5%	447,8 k €	+12.5%	397,9 k €	+9.4%	363,7 k €	+21.0%	300,7 k €	-14.5%	351,7 k €	-5.1%	370,4 k €	+33.7%	277 k €	+34.0%	206,7 k €	+47.9%	139,8 k €
Operating result	552,5 k €	+137%	233,1 k €	-55.4%	523,1 k €	+127%	230,6 k €	-15.4%	272,7 k €	+61.7%	168,6 k €	+46.4%	115,1 k €	+2.8%	112 k €	+3.5%	108,2 k €	-18.9%	133,4 k €	+59.2%	83,8 k €	-36.7%	132,5 k €	+2.6%	129,1 k €	-31.7%	189,1 k €	-0.4%	189,9 k €	+36.6%	139,1 k €	-8.4%	151,8 k €	+36.3%	111,4 k €
Net result	375,8 k €	+159%	145,4 k €	-58.5%	349,9 k €	+106%	169,5 k €	-4.9%	178,3 k €	+69.4%	105,3 k €	+194%	35,9 k €	-50.0%	71,8 k €	+22.3%	58,7 k €	-20.3%	73,6 k €	+70.6%	43,2 k €	-46.1%	80,1 k €	+2.2%	78,4 k €	-48.1%	151 k €	+2.5%	147,3 k €	+63.0%	90,4 k €	-10.4%	100,8 k €	+31.5%	76,7 k €
Balance sheet
Equity	1,5 M €	-21.9%	2 M €	+8.0%	1,8 M €	+23.9%	1,5 M €	+13.1%	1,3 M €	+15.9%	1,1 M €	+10.4%	1 M €	+3.7%	978,1 k €	+7.9%	906,3 k €	+6.9%	847,6 k €	+9.5%	774 k €	+5.9%	730,8 k €	+12.3%	650,7 k €	+13.7%	572,3 k €	+35.8%	421,3 k €	+53.8%	274 k €	+49.2%	183,7 k €	+122%	82,9 k €
Total assets	2 M €	-31.3%	2,8 M €	-1.6%	2,9 M €	+9.7%	2,6 M €	+6.4%	2,5 M €	+2.1%	2,4 M €	+1.2%	2,4 M €	+31.0%	1,8 M €	-2.1%	1,9 M €	+9.1%	1,7 M €	-8.3%	1,9 M €	-3.0%	1,9 M €	+25.3%	1,5 M €	+0.6%	1,5 M €	-4.3%	1,6 M €	+73.7%	918,8 k €	+127%	404,4 k €	+36.2%	296,9 k €
Cash	205,9 k €	-23.4%	268,9 k €	-33.2%	402,7 k €	+72.7%	233,2 k €	-27.2%	320,5 k €	+67.0%	191,9 k €	+69.5%	113,2 k €	-11.4%	127,8 k €	-21.1%	161,9 k €	+116%	74,9 k €	+3.1%	72,6 k €	-73.1%	269,9 k €	+15.3%	234,1 k €	+18.3%	197,9 k €	-26.9%	270,8 k €	+14.7%	236,2 k €	+38.2%	170,9 k €	+153%	67,6 k €
Debts	316,5 k €	-61.1%	814,6 k €	-18.6%	1 M €	-10.3%	1,1 M €	-1.0%	1,1 M €	-10.1%	1,3 M €	-5.8%	1,3 M €	+66.4%	800,3 k €	-12.3%	912,6 k €	+11.9%	815,8 k €	-21.9%	1 M €	-8.3%	1,1 M €	+37.5%	828,7 k €	-5.2%	874 k €	-21.8%	1,1 M €	+87.9%	594,8 k €	+238%	176,2 k €	-17.7%	214 k €
Other
Workforce	9,6 ETP	+12.9%	8,5 ETP	+16.4%	7,3 ETP	-2.7%	7,5 ETP	-5.1%	7,9 ETP	-1.2%	8,0 ETP	+27.0%	6,3 ETP	+5.0%	6,0 ETP	+3.4%	5,8 ETP	+16.0%	5,0 ETP	+25.0%	4,0 ETP	+21.2%	3,3 ETP	+17.9%	2,8 ETP	+12.0%	2,5 ETP	0.0%	2,5 ETP	+92.3%	1,3 ETP	+62.5%	0,8 ETP	+100%	0,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Hans De Ceuster

Director

Active

Ended mandates

Nancy De Ceuster

Director · since 14 mars 2008 · until 28 avril 2020

Ended

Hans De Ceuster

Manager

Ended

Nancy De Ceuster

Manager

Ended

Annual accounts

Full financial information

	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	30/06/2026	09/07/2025	25/06/2024	23/06/2023	22/06/2022	07/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	09/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	25/06/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	23/06/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	22/06/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	07/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	22/06/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	19/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	23/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	24/06/2009	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Hans De Ceuster

Director

Active

Ended mandates

Nancy De Ceuster

Director · since 14 mars 2008 · until 28 avril 2020

Ended

Hans De Ceuster

Manager

Ended

Nancy De Ceuster

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/05/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office16/01/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/04/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other01/04/2008
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 2025375,8 k €↑
2024
Annual accounts 2024145,4 k €↓
2023
Annual accounts 2023349,9 k €↑
2022
Annual accounts 2022169,5 k €↓
2021
Annual accounts 2021178,3 k €↑
2020
Annual accounts 2020105,3 k €↑
2019
Annual accounts 201935,9 k €↓
2018
Annual accounts 201871,8 k €↑
2017
Annual accounts 201758,7 k €↓
2016
Annual accounts 201673,6 k €↑
2015
Annual accounts 201543,2 k €↓
2014
Annual accounts 201480,1 k €↑
2013
Annual accounts 201378,4 k €↓
2012
Annual accounts 2012151 k €↑
2011
Annual accounts 2011147,3 k €↑
2010
Annual accounts 201090,4 k €↓
2009
Annual accounts 2009100,8 k €↑
2008
Annual accounts 200876,7 k €
14/03/2008
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

DE CEUSTER RECYCLING

Overview

What does DE CEUSTER RECYCLING do?

Trend over 18 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