Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COMETSAMBRE from Châtelet, company number BE0436206426, closed financial year 2025 with a result of € -12.4 million after tax. For that financial year COMETSAMBRE recorded revenue of € 247.5 million and equity of € 23.6 million. Compared with financial year 2024, the result moved from € -635,748 to € -12.4 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ 23.6 million
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12.4 million
▼ 1851 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.6 million
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 14.4 million.
People and assets in 2025
79.2
▼ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.1 million
▲ 6% vs 2024
€ 77,400 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.
€ 3.7 million
▼ 17% vs 2024
Of which on lease € 3.5 million.
Debts at end 2025
€ 46.8 million
▼ 31% vs 2024
€ 3.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 18.4 million
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.
€ 1.3 million
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 284,447,726 | € 229,230,813 | € 240,298,640 | € 247,500,101 | ▲ 3% |
| Profit after taxes | € 729,418 | € 1,286,639 | € -635,748 | € -12,401,861 | ▼ € 11.8 million |
| Equity | € 40,748,467 | € 36,786,754 | € 36,089,654 | € 23,626,441 | ▼ 35% |
| Total debts | € 89,342,760 | € 49,083,877 | € 90,562,115 | € 67,141,262 | ▼ 26% |
| Cash | € 6,622,624 | € 2,546,886 | € 6,003,329 | € 1,593,994 | ▼ 73% |
| Land & buildings | € 5,769,188 | € 5,814,070 | € 5,090,868 | € 4,376,038 | ▼ 14% |
| Retained profit | € 31,343,455 | € 27,443,094 | € 26,807,347 | € 14,405,486 | ▼ 46% |
| Dividend | € 5,096,000 | € 5,187,000 | € 0 | € 0 | |
| Bank debt | € 60,758,180 | € 25,346,204 | € 67,591,816 | € 46,809,803 | ▼ 31% |
| Balance sheet total | € 130,840,251 | € 86,114,642 | € 126,872,335 | € 90,964,893 | ▼ 28% |
| Employees (FTE) | 69.4 | 73.6 | 82.6 | 79.2 | ▼ 3.4 |
Key figures of COMETSAMBRE, 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 COMETSAMBRE?
What happened at COMETSAMBRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maxime GROSJEAN stepped down as director. NBB
- C.B.P.I.I. SA stepped down as director. NBB
- SPARAXIS SA stepped down as director. NBB
- Pierre-François BAREEL stepped down as director. NBB
- Société Fédérale de Participations et d'Investissement SA SA stepped down as director. NBB
- Aurore GROSJEAN stepped down as director. NBB
- Joel BLAVIER stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 12.4 million. filed late Source: NBB ↗
In short
From € 729,418 profit in 2022 to € 12.4 million loss in 2025.
Paid € 166,260 in corporate taxes since 2022.
Best year ever: 2023, with € 1.3 million profit.
Paid out € 10.3 million in dividends to the owners in total.
Management
The stake of COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COMETSAMBREThe shares are held by COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES (85.9%). It owns 100% of COMET FLUVIAL, 100% of COMET FRANCE, 74% of LA BARRIERE, 74% of SAS COVANORD, 74% of ECOFER and 39.6% of TERECOVAL SAS itself.
Directors
According to the 2025 annual accounts
Maxime GROSJEAN
Director
Also active at: Rivage et Entrepôts de Châtelineau, RECYMET, RECYCAR, COMET TYRE RECYCLING, COMET TRAITEMENTS, MG MANAGEMENT CONSULTING, COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES, IMMO AZUR +2 more
since 2022 · until 2028
Managing director · represented by Philippe GROSJEAN
Also active at: Rivage et Entrepôts de Châtelineau, ACIERS GROSJEAN, RECYMET, RECYCAR, FERUTIL, COMET TYRE RECYCLING, COMET TRAITEMENTS, IMMO AZUR +2 more
since 2022 · until 2028
Director · represented by Olivier BOUCHAT
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more
since 2022 · until 2028
Pierre-François BAREEL
Managing director
Also active at: COMET TYRE RECYCLING, COMET TRAITEMENTS, COMET SERVICES, SOLARCYCLE, NEODIM
since 2022 · until 2028
Société Fédérale de Participations et d'Investissement SA SA
Director · represented by François FONTAINE
Also active at: Aviapartner Belgium, Société Anonyme Belge de Constructions Aéronautiques, Société Nationale de Construction Aérospatiale, ASCO INDUSTRIES, ZEPHYR - FIN, Sabena Aerospace Engineering, reMYND, NANOCYL +58 more
since 2022 · until 2028
Aurore GROSJEAN
Director
Also active at: Rivage et Entrepôts de Châtelineau, ACOZ FERS ET METAUX, GROSJEAN ET FILS, ACIERS GROSJEAN, RECYMET, BRICOFER, RECYCAR, FERUTIL +7 more
since 2022 · until 2028
Joel BLAVIER
Director
Also active at: ECOFER, COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES
since 2022 · until 2028
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Rivage de Boubier 25
6200 Châtelet
Henri Farmanstraat 37
9000 Gent
Active since 1 October 2009
Chemin du Pont d'Haine(O) 13
7034 Mons
Active since 1 March 2009
Alphonse Sifferlaan 16
9000 Gent
Active since 1 January 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Rivage et Entrepôts de Châtelineau same network
€ -294 gross margin · 2025
TERCOBEL
€ -613 gross margin · 2025
RECYMET same network
€ 35.9 million revenue · 2025
COMET TYRE RECYCLING same network
€ 2.1 million gross margin · 2025
COMET TRAITEMENTS same network
€ 81.5 million revenue · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0436.206.426
- VAT number
- BE 0436.206.426
- Registered office
- Rivage de Boubier 25, 6200 Châtelet
- Names & denominations
- COMETSAMBRE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1988
- Peppol
- Active · Active since 23 Nov 2025
- Contact
- cometgroup.be
- Activities · NACE
Terugwinning van materialen uit afval
Recycling van metaalafval
Terugwinning van metaalafval