What does GEOCYCLE do?

GEOCYCLE is a waste processor in Nivelles. Public Limited, started on 4 December 1987, 3 establishments.

What is the address of GEOCYCLE?

The registered office of GEOCYCLE is located at Avenue Robert Schuman 71, 1401 Nivelles.

Is GEOCYCLE still active?

Yes. According to the CBE (29 October 2026) GEOCYCLE is active, legal situation “Normale toestand”, started on 4 December 1987.

Is GEOCYCLE registered on Peppol?

Yes, GEOCYCLE is registered on the Peppol network with ID 0208:0432772131.

What is the enterprise number of GEOCYCLE?

The enterprise number of GEOCYCLE is BE0432772131.

When was GEOCYCLE founded?

GEOCYCLE was founded on 4 December 1987.

Who are the directors of GEOCYCLE?

According to the 2025 annual accounts, the directors of GEOCYCLE are: Claudia Albertini, Vincent Michel, Morgan Malecotte, Nicolas Ceulemans.

Is GEOCYCLE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 December 1987; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 3 establishments in the CBE.

How much profit did GEOCYCLE make in 2025?

GEOCYCLE posted a profit after taxes of € 624,506 in financial year 2025.

What is the revenue of GEOCYCLE?

In its most recent annual accounts (2025), GEOCYCLE reported revenue of € 24,079,115.

How much does an employee at GEOCYCLE earn?

The average wage cost per full-time employee at GEOCYCLE was € 102,400 in 2025: staff costs of € 5.3 million for 51.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GEOCYCLE have?

According to the 2025 annual accounts, GEOCYCLE has 51.7 full-time equivalents (FTE).

GEOCYCLE (Public Limited) - Nivelles - BE0432772131

Dossier GEOCYCLE, printed on 29 October 2026 from databakkes.be/en/0432772131/geocycle. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GEOCYCLE from Nivelles, company number BE0432772131, closed financial year 2025 with a result of € 624,506 after tax. For that financial year GEOCYCLE recorded revenue of € 24.1 million and equity of € 6.6 million. Compared with financial year 2024, the result moved from € 687,348 to € 624,506. The company is profitable. 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 10, 2026.

What it is worth Healthy

€ 6.6 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 624,506

▼ 9% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Pays out

€ 688,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

51.7

▲ 3.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.3 million

▲ 1% vs 2024

€ 102,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2,834

▼ 52% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 11,258

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 5.3 million

▲ 10% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 106 days on average.

Taxes and wages

€ 1.3 million

▲ 11% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 25,038,524 Revenue 2022: € 25,038,524 First fiscal year in the series	€ 21,692,457 Revenue 2023: € 21,692,457 ▼ 13% vs 2022 (€ 25,038,524) Unfavourable step	€ 23,678,610 Revenue 2024: € 23,678,610 ▲ 9% vs 2023 (€ 21,692,457) Favourable step	€ 24,079,115 Revenue 2025: € 24,079,115 ▲ 2% vs 2024 (€ 23,678,610) Favourable step	▲ 2%
Profit after taxes	€ 713,135 Profit after taxes 2022: € 713,135 First fiscal year in the series	€ 495,342 Profit after taxes 2023: € 495,342 ▼ 31% vs 2022 (€ 713,135) Unfavourable step	€ 687,348 Profit after taxes 2024: € 687,348 ▲ 39% vs 2023 (€ 495,342) Favourable step	€ 624,506 Profit after taxes 2025: € 624,506 ▼ 9% vs 2024 (€ 687,348) Unfavourable step	▼ 9%
Equity	€ 8,008,414 Equity 2022: € 8,008,414 First fiscal year in the series	€ 5,999,554 Equity 2023: € 5,999,554 ▼ 25% vs 2022 (€ 8,008,414) Unfavourable step	€ 6,685,700 Equity 2024: € 6,685,700 ▲ 11% vs 2023 (€ 5,999,554) Favourable step	€ 6,621,004 Equity 2025: € 6,621,004 ▼ 1% vs 2024 (€ 6,685,700) Unfavourable step	▼ 1%
Total debts	€ 4,312,452 Total debts 2022: € 4,312,452 First fiscal year in the series	€ 5,521,753 Total debts 2023: € 5,521,753 ▲ 28% vs 2022 (€ 4,312,452) Unfavourable step	€ 5,954,330 Total debts 2024: € 5,954,330 ▲ 8% vs 2023 (€ 5,521,753) Unfavourable step	€ 6,620,260 Total debts 2025: € 6,620,260 ▲ 11% vs 2024 (€ 5,954,330) Unfavourable step	▲ 11%
Land & buildings	€ 3,331,650 Land & buildings 2022: € 3,331,650 First fiscal year in the series	€ 3,369,198 Land & buildings 2023: € 3,369,198 ▲ 1% vs 2022 (€ 3,331,650) Unchanged	€ 3,360,851 Land & buildings 2024: € 3,360,851 Unchanged (€ 3,369,198) Unchanged	€ 3,463,335 Land & buildings 2025: € 3,463,335 ▲ 3% vs 2024 (€ 3,360,851) Unchanged	▲ 3%
Retained profit	€ 2,746,083 Retained profit 2022: € 2,746,083 First fiscal year in the series	€ 738,426 Retained profit 2023: € 738,426 ▼ 73% vs 2022 (€ 2,746,083) Unfavourable step	€ 1,425,773 Retained profit 2024: € 1,425,773 ▲ 93% vs 2023 (€ 738,426) Favourable step	€ 1,362,280 Retained profit 2025: € 1,362,280 ▼ 4% vs 2024 (€ 1,425,773) Unfavourable step	▼ 4%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 2,503,000 Dividend 2023: € 2,503,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 2,503,000) Unchanged	€ 688,000 Dividend 2025: € 688,000 Unchanged (€ 0) Unchanged
Bank debt	€ 501 Bank debt 2022: € 501 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 501) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 11,258 Bank debt 2025: € 11,258 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 12,717,688 Balance sheet total 2022: € 12,717,688 First fiscal year in the series	€ 12,134,510 Balance sheet total 2023: € 12,134,510 ▼ 5% vs 2022 (€ 12,717,688) Unchanged	€ 13,204,614 Balance sheet total 2024: € 13,204,614 ▲ 9% vs 2023 (€ 12,134,510) Unchanged	€ 13,747,228 Balance sheet total 2025: € 13,747,228 ▲ 4% vs 2024 (€ 13,204,614) Unchanged	▲ 4%
Employees (FTE)	47.6 Employees (FTE) 2022: 47.6 First fiscal year in the series	46.9 Employees (FTE) 2023: 46.9 ▼ 0.7 vs 2022 (47.6) Unchanged	48.6 Employees (FTE) 2024: 48.6 ▲ 1.7 vs 2023 (46.9) Unchanged	51.7 Employees (FTE) 2025: 51.7 ▲ 3.1 vs 2024 (48.6) Unchanged	▲ 3.1

Key figures of GEOCYCLE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to GEOCYCLE?

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

2031 Claudia Albertini stepped down as director. NBB
2029 Vincent Michel stepped down as director. NBB
2029 Nicolas Ceulemans stepped down as director. NBB
Jun 10, 2026 New annual accounts for financial year 2025: profit of € 624,506 (▼ 9% vs 2024). Source: NBB ↗
2025 Morgan Malecotte stepped down as director. NBB
2025 Claudia Albertini became a director. NBB
2023 Vincent Michel became a director. NBB
2023 Morgan Malecotte became a director. NBB

In short

From € 713,135 profit in 2022 to € 624,506 profit in 2025.

Paid € 946,305 in corporate taxes since 2022.

Best year ever: 2022, with € 713,135 profit.

Paid out € 3.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Holcim (Belgique) SA 100%

GEOCYCLE

The shares are held by Holcim (Belgique) SA (100%).

Directors

According to the 2025 annual accounts

Claudia Albertini

Director

Also active at: HOLCIM (BELGIQUE) - HOLCIM (BELGIE)

since 2025 · until 2031

Vincent Michel

Director

Also active at: RECYHOC, Forum for cleantech, Calcaires de la Rive Gauche I, HOLCIM GO4ZERO

since 2023 · until 2029

Morgan Malecotte

Director

Also active at: HOLCIM (BELGIQUE) - HOLCIM (BELGIE)

since 2023 · until 2025

Nicolas Ceulemans

Director

Also active at: HOLCIM (BELGIQUE) - HOLCIM (BELGIE), HOLCIM GO4ZERO

since 2023 · until 2029

Shareholders

Holcim (Belgique) SA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Robert Schuman 71

1401 Nivelles

2.034.068.719

Rue de Courrière 49

7181 Seneffe

Active since 27 August 1991

2.034.068.818

Rue des Fabriques (O.) 2

7034 Mons

Active since 2 February 1988

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

COMPAGNIE DE PARTICIPATIONS ET DE DEVELOPPEMENT INDUSTRIEL

€ -6,176 gross margin · 2025

Compagnie Coppée de Développement Industriel

€ -8,835 gross margin · 2025

HOLCIM (BELGIQUE) - HOLCIM (BELGIE) same network

€ 305.5 million revenue · 2025

Calcaires de la Rive Gauche I same network

HOLCIM GO4ZERO same network

€ -6,268 gross margin · 2025

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

Details

Company number

0432.772.131

VAT number

BE 0432.772.131

Registered office

Avenue Robert Schuman 71, 1401 Nivelles

Names & denominations

GEOCYCLE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 December 1987

Peppol

Active · Active since 8 Sept 2025

Activities · NACE

Terugwinning van materialen uit afval

Recycling van niet-metaalafval

Andere afvalverwijdering

Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval

Terugwinning van inerte afvalstoffen

Overige verwerking en verwijdering van ongevaarlijk afval

View on CBE Public ↗ Annual accounts (NBB) ↗

GEOCYCLE

Financials

What happened to GEOCYCLE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions