Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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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 25 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Recyc-Mattress Belgium from Sint-Gillis (bij-Brussel), company number BE0443153903, closed financial year 2025 with a result of € -336,577 after tax. For that financial year Recyc-Mattress Belgium recorded revenue of € 1.8 million and equity of € -1.6 million. Compared with financial year 2024, the result moved from € -257,169 to € -336,577. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ -1.6 million
▼ € 336,577 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -336,577
▼ 31 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
Debts at end 2025
€ 2.5 million
▲ 1% vs 2024
€ 66,735 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 474,806
▲ 146% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 91 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 585,329 | € 1,006,955 | € 1,586,728 | € 1,756,534 | ▲ 11% |
| Profit after taxes | € -335,879 | € 41,567 | € -257,169 | € -336,577 | ▼ € 79,408 |
| Equity | € -1,015,485 | € -973,919 | € -1,231,088 | € -1,567,664 | ▼ € 336,577 |
| Total debts | € 2,421,557 | € 2,835,695 | € 2,691,818 | € 3,011,791 | ▲ 12% |
| Retained profit | € -1,076,985 | € -1,035,419 | € -1,292,588 | € -1,629,164 | ▼ € 336,577 |
| Bank debt | € 2,265,308 | € 2,482,184 | € 2,454,425 | € 2,480,236 | ▲ 1% |
| Balance sheet total | € 1,406,072 | € 1,861,776 | € 1,460,730 | € 1,444,126 | ▼ 1% |
Key figures of Recyc-Mattress Belgium, 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 Recyc-Mattress Belgium?
What happened at Recyc-Mattress Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 336,577. Source: NBB ↗
- Philippe TYCHON stepped down as director. NBB
- Jérémy SETTBON stepped down as director. NBB
- New establishment in Sombreffe. KBO
- Jérémy SETTBON became a director. NBB
- Philippe TYCHON became a director. NBB
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
In short
From € 335,879 loss in 2022 to € 336,577 loss in 2025.
Best year ever: 2023, with € 41,567 profit.
Pays suppliers within 91 days on average.
A new publication or filing at Recyc-Mattress Belgium? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by VEOLIA ENVIRONMENTAL SERVICES BELUX SA (50%) and RECYC MATELAS EUROPE SAS (50%).
Directors
According to the 2025 annual accounts
Philippe TYCHON
Director
Also active at: Veolia Environmental Services Belux, Veolia Facilities BE, Veolia Environmental Services BE, Veolia Underground Containers BE, Container4Home, Veolia Treatment & Recycling BE, HORIZON NET
since 2020 · until 2026
Jérémy SETTBON
Director
since 2021 · until 2026
Shareholders
RECYC MATELAS EUROPE SAS
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Poincarélaan 78-79
1060 Sint-Gillis (bij-Brussel)
Rue de la Basse-Sambre, Boig. 8/10
5140 Sombreffe
Active since 1 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Veolia Environmental Services Belux same network
€ 130.1 million revenue · 2025
VEOLIA NV-SA
€ 216.2 million revenue · 2025
Veolia Environmental Services BE same network
€ 260.8 million revenue · 2025
Sarpi EcoServices BE
€ 64.1 million revenue · 2025
COWALEX
€ 445,893 revenue · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.153.903
- VAT number
- BE 0443.153.903
- Registered office
- Poincarélaan 78-79, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- Recyc-Mattress Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 1991
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] +3222097000
- Activities · NACE
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