Financials
Financial year 2025
Worth noting
- The team shrank two years in a row.
Gross margin
€ 2.3 million
▼ 45% vs 2024
Profit
Healthy€ 1.5 million
▼ 53% vs 2024
Debts
Low€ 2.4 million
▼ 8% vs 2024
RECYC-OIL from Wielsbeke, company number BE0424409543, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year RECYC-OIL recorded a gross margin of € 2.3 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 3.1 million to € 1.5 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 10, 2026.
What happened at RECYC-OIL?
What happened at RECYC-OIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Oilcotrans NV stepped down as director. NBB
- Coprobel NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▼ 53% vs 2024). Source: NBB ↗
- Oilcotrans NV became a director. NBB
- Coprobel NV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Wielsbeke. KBO
In short
From € 3.1 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 2.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.1 million profit.
On average € 530,500 of value added per employee in 2025.
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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
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Management
Directors
According to the 2025 annual accounts
Director · represented by Laurens Vandaele
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Molenstraat 209
8710 Wielsbeke
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 3 companies are registered at this address.
Details
- Company number
- 0424.409.543
- VAT number
- BE 0424.409.543
- Registered office
- Molenstraat 209, 8710 Wielsbeke
- Names & denominations
- RECYC-OIL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 1983
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Andere afvalverwijdering
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