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RECTICEL

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BE0405666668

Rechtspersoon Public limited company 3 establishments

Bourgetlaan 42, 1130 Brussel Vervaardiging van platen, vellen, buizen en profielen van kunststof

Active for

130 year, 2 months

Financials

Financial year 2025

Worth noting

  • A loss two years in a row.
  • The team shrank two years in a row.
  • Little cash and receivables against the short-term debts.

Revenue

€ 128.3 million

▲ 8% vs 2024

Profit

Caution

€ -807,927

▲ 99% vs 2024

Debts

Low

€ 76.8 million

▲ 5% vs 2024

RECTICEL from Brussel, company number BE0405666668, closed financial year 2025 with a result of € -807,927 after tax. For that financial year RECTICEL recorded revenue of € 128.3 million and equity of € 655.6 million. Compared with financial year 2024, the result moved from € -71.8 million to € -807,927. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.

What happened at RECTICEL?

What happened at RECTICEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • MOROXCO BV stepped down as director. NBB
  • BALTISSE NV stepped down as director. NBB
  • FOXFIN BV stepped down as director. NBB
  • REF. LEX BV stepped down as director. NBB
  • IRIDI BV stepped down as director. NBB
  • CORAL & WALLACE stepped down as director. NBB
  • LUBIS BV stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 807,927. Source: NBB ↗

In short

From € 66.3 million profit in 2021 to € 807,927 loss in 2025.

Paid € 3.6 million in corporate taxes since 2021.

Best year ever: 2023, with € 358.8 million profit.

Paid out € 86.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at RECTICEL? We notify you, reason included.

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History

Every financial year, as far back as the National Bank goes.

Buffer

How long does the company survive without income?

Credit limit

Indicative credit limit, computed from the real figures.

Alerts

New annual account: profit halved. New
Gazette: capital increase of 250k. New

News about who you follow, reason included.

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Management

shares Public 62.5%
SPRING HOLDCO BV (Groep Baltisse) 28.9%
JANUS HENDERSON GROUP Plc 5%
DEGROOF PETERCAM ASSET MANAGEMENT 3%
+1
RECTICEL
RECTICEL US INVESTMENTS 100%
TURVAC, inovativne izolacije, d.o.o. 100%
RECTICEL INSULATION SWEDEN AB 100%
RECTICEL LUXEMBOURG 100%
+13

The shares are held by shares Public (62.5%), SPRING HOLDCO BV (Groep Baltisse) (28.9%), JANUS HENDERSON GROUP Plc (5%), DEGROOF PETERCAM ASSET MANAGEMENT (3%) and Recticel NV (eigen aandelen) (0.6%). It owns 100% of RECTICEL US INVESTMENTS, 100% of TURVAC, inovativne izolacije, d.o.o., 100% of RECTICEL INSULATION SWEDEN AB, 100% of RECTICEL LUXEMBOURG, 100% of REX Panels & Profiles and 100% of RECTICEL INSULATION SAS itself.

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Directors

According to the 2025 annual accounts

MOROXCO BV

Director · represented by Elisa VLERICK

Also active at: ATENOR, Hairco, The House of Beauty +3 more

since 2019 · until 2028

IRIDI BV

Director · represented by Frank COENEN

Also active at: IRIS GROUP

since 2024 · until 2027

BALTISSE NV

Director · represented by Filip BALCAEN

Also active at: Baltisse Abacus

since 2022 · until 2028

CORAL & WALLACE

Managing director · represented by Jan VERGOTE

Also active at: LPI Holdco, PIAGroup Belgium, Thunder Holdco BE +5 more

since 2024 · until 2027

D.A.S.T. BV

Chairman of the board · represented by Wim DEJONGHE

Also active at: MIDELCO, ORSI ACADEMY, WESTVLEES GROUP +5 more

since 2024 · until 2026

FOXFIN BV

Director · represented by Barbara De Saedeleer

Also active at: T.DIFFUSION, S.A. Laboratoires Pharmaceutiques Trenker, UNICUM TRADE BOTANICALS +7 more

since 2025 · until 2028

LUBIS BV

Director · represented by Luc MISSORTEN

Also active at: Gimv

since 2020 · until 2027

IMRADA BV

Director · represented by Ingrid MERCKX

Also active at: RODINA

since 2013 · until 2025

REF. LEX BV

Director · represented by Astrid RAHN

Also active at: Schreder BE, INTERNATIONAL ENGINEERING SURVEY COMPANY

since 2025 · until 2028

Shareholders

shares Public

62.5%

SPRING HOLDCO BV (Groep Baltisse)

28.9%

JANUS HENDERSON GROUP Plc

5%

DEGROOF PETERCAM ASSET MANAGEMENT

3%

Recticel NV (eigen aandelen)

0.6%

Participations

RECTICEL US INVESTMENTS

100%

TURVAC, inovativne izolacije, d.o.o.

100%

RECTICEL INSULATION SWEDEN AB

100%

RECTICEL LUXEMBOURG

100%

REX Panels & Profiles

100%

RECTICEL INSULATION SAS

100%

RECTICEL INSULATION MATERIALS SP. z. o.o.

100%

SOUNDCOAT COMPANY INC.

100%

Frina Mousse France SRL

100%

RECTICEL INSULATION UK

100%

RECTICEL INSULATION OY

100%

TRIMO d.o.o.

100%

BALIM

100%

FINAPAL

100%

RECTICEL BV

100%

RECTICEL INTERNATIONAL SERVICES

100%

MICLAR

76%

Establishments

Establishment units

Physical locations of this company

Registered office

Bourgetlaan 42

1130 Brussel

2.102.025.236

Zuidstraat 15

8560 Wevelgem

Active since 21 February 1991

2.357.526.206

Jean-Baptiste de Ghellincklaan 27-29

9051 Gent

Active since 1 April 2024

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.

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Details

Company number
0405.666.668
VAT number
BE 0405.666.668
Registered office
Bourgetlaan 42, 1130 Brussel
Names & denominations
RECTICEL
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
19 June 1896
Peppol
Active · Active since 9 Dec 2025
Activities · NACE

Vervaardiging van platen, vellen, buizen en profielen van kunststof

Vervaardiging van andere chemische producten, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What is the enterprise number of RECTICEL?
The enterprise number of RECTICEL is BE0405666668.
What is the address of RECTICEL?
The registered office of RECTICEL is located at Bourgetlaan 42, 1130 Brussel.
When was RECTICEL founded?
RECTICEL was founded on 19 June 1896.
What is the main activity of RECTICEL?
The main activity of RECTICEL is "Vervaardiging van platen, vellen, buizen en profielen van kunststof" (NACE code 22210).
Does RECTICEL have a website?
No website is currently known for RECTICEL.
How much profit did RECTICEL make in 2025?
RECTICEL recorded a loss after taxes of € 807,927 in financial year 2025.
What is the revenue of RECTICEL?
In its most recent annual accounts (2025), RECTICEL reported revenue of € 128,314,819.
How many employees does RECTICEL have?
According to the 2025 annual accounts, RECTICEL has 226.5 full-time equivalents (FTE).
Where can I find the annual accounts of RECTICEL?
RECTICEL files its annual accounts with the Central Balance Sheet Office of the National Bank of Belgium. The key figures for recent financial years are available for free on this page.
Who are the directors of RECTICEL?
According to the 2025 annual accounts, the directors of RECTICEL are: MOROXCO BV, IRIDI BV, BALTISSE NV, CORAL & WALLACE, D.A.S.T. BV, FOXFIN BV, LUBIS BV, IMRADA BV.
Who owns RECTICEL?
The shares are held by shares Public (62.5%), SPRING HOLDCO BV (Groep Baltisse) (28.9%), JANUS HENDERSON GROUP Plc (5%), DEGROOF PETERCAM ASSET MANAGEMENT (3%) and Recticel NV (eigen aandelen) (0.6%). It owns 100% of RECTICEL US INVESTMENTS, 100% of TURVAC, inovativne izolacije, d.o.o., 100% of RECTICEL INSULATION SWEDEN AB, 100% of RECTICEL LUXEMBOURG, 100% of REX Panels & Profiles and 100% of RECTICEL INSULATION SAS itself.
Who are the shareholders of RECTICEL?
According to the 2025 annual accounts, the shareholders of RECTICEL are: shares Public (62.5%), SPRING HOLDCO BV (Groep Baltisse) (28.9%), JANUS HENDERSON GROUP Plc (5%), DEGROOF PETERCAM ASSET MANAGEMENT (3%), Recticel NV (eigen aandelen) (0.6%).