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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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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RECYMET from Châtelet, company number BE0448832460, closed financial year 2025 with a result of € 3.1 million after tax. For that financial year RECYMET recorded revenue of € 35.9 million and equity of € 5.3 million. Compared with financial year 2024, the result moved from € 534,049 to € 3.1 million. Profitable, and profit is growing. 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 June 22, 2026.
€ 5.3 million
▲ 118% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.1 million
▲ € 2.6 million vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
8 % of the profit went to the shareholders, mostly to COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES (100 % of the shares). That is where the money ends up.
People and assets in 2025
20.7
▲ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 19% vs 2024
€ 78,600 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.
€ 695,033
▼ 25% vs 2024
Of which on lease € 693,340.
Debts at end 2025
€ 3 million
▲ 101% vs 2024
€ 464,378 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 3.1 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 304,330
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 37,817,687 | € 28,804,196 | € 34,676,798 | € 35,863,460 | ▲ 3% |
| Profit after taxes | € 1,049,270 | € 165,150 | € 534,049 | € 3,122,637 | ▲ € 2.6 million |
| Equity | € 3,726,706 | € 1,891,856 | € 2,425,905 | € 5,298,542 | ▲ 118% |
| Total debts | € 5,791,905 | € 5,636,789 | € 4,963,130 | € 6,719,604 | ▲ 35% |
| Cash | € 3,123,808 | € 1,688,587 | € 1,373,866 | € 1,051,818 | ▼ 23% |
| Land & buildings | € 56,635 | € 128,464 | € 109,060 | € 231,079 | ▲ 112% |
| Retained profit | € 3,582,548 | € 1,747,698 | € 2,281,747 | € 5,154,384 | ▲ 126% |
| Dividend | € 2,000,000 | € 2,000,000 | € 0 | € 250,000 | |
| Bank debt | € 780,790 | € 513,228 | € 1,511,291 | € 3,030,781 | ▲ 101% |
| Balance sheet total | € 12,728,089 | € 10,696,548 | € 9,978,285 | € 12,110,807 | ▲ 21% |
| Employees (FTE) | 18.4 | 16.8 | 17.2 | 20.7 | ▲ 3.5 |
Key figures of RECYMET, 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 RECYMET?
What happened at RECYMET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Aurore GROSJEAN stepped down as director. NBB
- Maxime GROSJEAN stepped down as director. NBB
- C.B.P.I.I. SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.1 million (▲ € 2.6 million vs 2024). Source: NBB ↗
- Maxime GROSJEAN became a director. NBB
- C.B.P.I.I. SA became a director. NBB
- Aurore GROSJEAN became a director. NBB
- New establishment in Châtelet. KBO
In short
From € 1 million profit in 2022 to € 3.1 million profit in 2025.
Paid € 472,481 in corporate taxes since 2022.
Best year ever: 2025, with € 3.1 million profit.
Paid out € 4.3 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.
RECYMETThe shares are held by COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES (100%). It owns 100% of Vehicle & Metal Recycling, 75% of AUTO RECHANGE and 1% of AUTO 2000 itself.
Directors
According to the 2025 annual accounts
Maxime GROSJEAN
Director
Also active at: Rivage et Entrepôts de Châtelineau, COMETSAMBRE, RECYCAR, COMET TYRE RECYCLING, COMET TRAITEMENTS, MG MANAGEMENT CONSULTING, COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES, IMMO AZUR +2 more
since 2023 · until 2029
Managing director · represented by Philippe GROSJEAN
Also active at: Rivage et Entrepôts de Châtelineau, COMETSAMBRE, ACIERS GROSJEAN, RECYCAR, FERUTIL, COMET TYRE RECYCLING, COMET TRAITEMENTS, IMMO AZUR +2 more
since 2023 · until 2029
Aurore GROSJEAN
Director
Also active at: Rivage et Entrepôts de Châtelineau, ACOZ FERS ET METAUX, GROSJEAN ET FILS, COMETSAMBRE, ACIERS GROSJEAN, BRICOFER, RECYCAR, FERUTIL +7 more
since 2023 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Rivage de Boubier 25
6200 Châtelet
Rivage de Boubier 55
6200 Châtelet
Active since 19 January 1993
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
COMETSAMBRE same network
€ 247.5 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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0448.832.460
- VAT number
- BE 0448.832.460
- Registered office
- Rivage de Boubier 25, 6200 Châtelet
- Names & denominations
- RECYMET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 1992
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Terugwinning van materialen uit afval
Recycling van metaalafval
Terugwinning van metaalafval