What does BELGIUM RECYCLING PALLETS do?

BELGIUM RECYCLING PALLETS is a joinery in Thuin. Public Limited, started on 4 July 1995, 1 establishment.

What is the address of BELGIUM RECYCLING PALLETS?

The registered office of BELGIUM RECYCLING PALLETS is located at Avenue DELI XL 6, 6530 Thuin.

Is BELGIUM RECYCLING PALLETS still active?

Yes. According to the CBE (29 October 2026) BELGIUM RECYCLING PALLETS is active, legal situation “Normale toestand”, started on 4 July 1995.

Is BELGIUM RECYCLING PALLETS registered on Peppol?

Yes, BELGIUM RECYCLING PALLETS is registered on the Peppol network with ID 0208:0455515661.

What is the enterprise number of BELGIUM RECYCLING PALLETS?

The enterprise number of BELGIUM RECYCLING PALLETS is BE0455515661.

When was BELGIUM RECYCLING PALLETS founded?

BELGIUM RECYCLING PALLETS was founded on 4 July 1995.

Who are the directors of BELGIUM RECYCLING PALLETS?

According to the 2025 annual accounts, the directors of BELGIUM RECYCLING PALLETS are: IFI & R, THOMAS FADEL INVEST SRL, FACO HOLDING SA.

Is BELGIUM RECYCLING PALLETS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 July 1995; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did BELGIUM RECYCLING PALLETS make in 2025?

BELGIUM RECYCLING PALLETS posted a profit after taxes of € 46,783 in financial year 2025.

What is the revenue of BELGIUM RECYCLING PALLETS?

As a small company, BELGIUM RECYCLING PALLETS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 150,467.

BELGIUM RECYCLING PALLETS (Public Limited) - Thuin

Dossier BELGIUM RECYCLING PALLETS, printed on 29 October 2026 from databakkes.be/en/0455515661/belgium-recycling-pallets. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

BELGIUM RECYCLING PALLETS from Thuin, company number BE0455515661, closed financial year 2025 with a result of € 46,783 after tax. For that financial year BELGIUM RECYCLING PALLETS recorded a gross margin of € 150,467 and equity of € 799,899. Compared with financial year 2024, the result moved from € 93,919 to € 46,783. 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 June 26, 2026.

What it is worth Growing

€ 799,899

▲ 6% vs 2024

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

Profit Healthy

€ 46,783

▼ 50% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 40,434

▲ 1% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 611,825.

People and assets in 2025

Vehicles and equipment

€ 374,927

▼ 13% vs 2024

Of which on lease € 374,927.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 614,492

▲ 118% vs 2024

€ 123,275 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 8,894

▲ 52% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 172,103 Revenue 2022: € 172,103 First fiscal year in the series	€ 197,298 Revenue 2023: € 197,298 ▲ 15% vs 2022 (€ 172,103) Favourable step	€ 200,660 Revenue 2024: € 200,660 ▲ 2% vs 2023 (€ 197,298) Favourable step	-
Gross margin	€ 144,214 Gross margin 2022: € 144,214 First fiscal year in the series	€ 182,076 Gross margin 2023: € 182,076 ▲ 26% vs 2022 (€ 144,214) Favourable step	€ 185,525 Gross margin 2024: € 185,525 ▲ 2% vs 2023 (€ 182,076) Favourable step	€ 150,467 Gross margin 2025: € 150,467 ▼ 19% vs 2024 (€ 185,525) Unfavourable step	▼ 19%
Profit after taxes	€ 58,808 Profit after taxes 2022: € 58,808 First fiscal year in the series	€ 92,621 Profit after taxes 2023: € 92,621 ▲ 57% vs 2022 (€ 58,808) Favourable step	€ 93,919 Profit after taxes 2024: € 93,919 ▲ 1% vs 2023 (€ 92,621) Favourable step	€ 46,783 Profit after taxes 2025: € 46,783 ▼ 50% vs 2024 (€ 93,919) Unfavourable step	▼ 50%
Equity	€ 589,420 Equity 2022: € 589,420 First fiscal year in the series	€ 671,361 Equity 2023: € 671,361 ▲ 14% vs 2022 (€ 589,420) Favourable step	€ 754,600 Equity 2024: € 754,600 ▲ 12% vs 2023 (€ 671,361) Favourable step	€ 799,899 Equity 2025: € 799,899 ▲ 6% vs 2024 (€ 754,600) Favourable step	▲ 6%
Total debts	€ 558,110 Total debts 2022: € 558,110 First fiscal year in the series	€ 442,570 Total debts 2023: € 442,570 ▼ 21% vs 2022 (€ 558,110) Favourable step	€ 310,707 Total debts 2024: € 310,707 ▼ 30% vs 2023 (€ 442,570) Favourable step	€ 733,025 Total debts 2025: € 733,025 ▲ 136% vs 2024 (€ 310,707) Unfavourable step	▲ 136%
Cash	€ 40,466 Cash 2022: € 40,466 First fiscal year in the series	€ 39,484 Cash 2023: € 39,484 ▼ 2% vs 2022 (€ 40,466) Unfavourable step	€ 40,072 Cash 2024: € 40,072 ▲ 1% vs 2023 (€ 39,484) Favourable step	€ 40,434 Cash 2025: € 40,434 ▲ 1% vs 2024 (€ 40,072) Favourable step	▲ 1%
Land & buildings	€ 125,292 Land & buildings 2022: € 125,292 First fiscal year in the series	€ 116,513 Land & buildings 2023: € 116,513 ▼ 7% vs 2022 (€ 125,292) Unchanged	€ 109,458 Land & buildings 2024: € 109,458 ▼ 6% vs 2023 (€ 116,513) Unchanged	€ 545,921 Land & buildings 2025: € 545,921 ▲ € 436,463 vs 2024 (€ 109,458) Unchanged	▲ € 436,463
Retained profit	€ 378,502 Retained profit 2022: € 378,502 First fiscal year in the series	€ 471,124 Retained profit 2023: € 471,124 ▲ 24% vs 2022 (€ 378,502) Favourable step	€ 565,043 Retained profit 2024: € 565,043 ▲ 20% vs 2023 (€ 471,124) Favourable step	€ 611,825 Retained profit 2025: € 611,825 ▲ 8% vs 2024 (€ 565,043) Favourable step	▲ 8%
Bank debt	€ 427,591 Bank debt 2022: € 427,591 First fiscal year in the series	€ 377,277 Bank debt 2023: € 377,277 ▼ 12% vs 2022 (€ 427,591) Favourable step	€ 282,172 Bank debt 2024: € 282,172 ▼ 25% vs 2023 (€ 377,277) Favourable step	€ 614,492 Bank debt 2025: € 614,492 ▲ 118% vs 2024 (€ 282,172) Unfavourable step	▲ 118%
Balance sheet total	€ 1,241,661 Balance sheet total 2022: € 1,241,661 First fiscal year in the series	€ 1,198,359 Balance sheet total 2023: € 1,198,359 ▼ 3% vs 2022 (€ 1,241,661) Unchanged	€ 1,140,031 Balance sheet total 2024: € 1,140,031 ▼ 5% vs 2023 (€ 1,198,359) Unchanged	€ 1,603,710 Balance sheet total 2025: € 1,603,710 ▲ 41% vs 2024 (€ 1,140,031) Unchanged	▲ 41%

Key figures of BELGIUM RECYCLING PALLETS, 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 BELGIUM RECYCLING PALLETS?

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

2028 IFI & R stepped down as director. NBB
2028 THOMAS FADEL INVEST SRL stepped down as director. NBB
2028 FACO HOLDING SA stepped down as director. NBB
Jun 26, 2026 New annual accounts for financial year 2025: profit of € 46,783 (▼ 50% vs 2024). Source: NBB ↗
2022 IFI & R became a director. NBB
2022 THOMAS FADEL INVEST SRL became a director. NBB
2022 FACO HOLDING SA became a director. NBB
Aug 23, 1995 New establishment in Thuin. KBO

In short

From € 58,808 profit in 2022 to € 46,783 profit in 2025.

Paid € 1,909 in corporate taxes since 2022.

Best year ever: 2024, with € 93,919 profit.

Original PDFs at the National Bank ↗

Management

FACO HOLDING 74%

IFIR SRL 13%

THOMAS FADEL INVEST SRL 13%

BELGIUM RECYCLING PALLETS

The shares are held by FACO HOLDING (74%), IFIR SRL (13%) and THOMAS FADEL INVEST SRL (13%).

Directors

According to the 2025 annual accounts

IFI & R

Director · represented by ISABELLE FADEL

Also active at: SOCIETE IMMOBILIERE DE WALLONIE, IMMOBILIERE FADEL, SOCIETE THUDINIENNE DE DISTRIBUTION, FULL LOGISTIC THUIN, FACO HOLDING

since 2022 · until 2028

THOMAS FADEL INVEST SRL

Director · represented by THOMAS FADEL

Also active at: SOCIETE IMMOBILIERE DE WALLONIE, IMMOBILIERE FADEL, SOCIETE THUDINIENNE DE DISTRIBUTION, FULL LOGISTIC THUIN, FACO HOLDING

since 2022 · until 2028

FACO HOLDING SA

Director · represented by GIOVANNI FADEL

Owns 14.8% via FACO HOLDING

Also active at: FULL SERVICES, RDP WASH, LOGISTICS & MANAGEMENT, FULL LOGISTIC THUIN

since 2022 · until 2028

Shareholders

FACO HOLDING · holding of FACO HOLDING SA

74%

IFIR SRL

13%

THOMAS FADEL INVEST SRL

13%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue DELI XL 6

6530 Thuin

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

Details

Company number

0455.515.661

VAT number

BE 0455.515.661

Registered office

Avenue DELI XL 6, 6530 Thuin

Names & denominations

BELGIUM RECYCLING PALLETS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 July 1995

Peppol

Active · Active since 10 Dec 2025

Activities · NACE

Vervaardiging van houten emballage

Terugwinning van materialen uit afval

Vervaardiging van gegolfd papier, golfkarton en verpakkingsmateriaal van papier en karton

Vervaardiging van gegolfd papier en golfkarton en van verpakkingsmateriaal van papier en karton

Recycling van metaalafval

Terugwinning van metaalafval

View on CBE Public ↗ Annual accounts (NBB) ↗

BELGIUM RECYCLING PALLETS

Financials

What happened to BELGIUM RECYCLING PALLETS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions