What does NELLES RECYCLAGE do?

NELLES RECYCLAGE is a waste processor in Malmedy. Private Limited, started on 2 July 1999, 2 establishments.

What is the address of NELLES RECYCLAGE?

The registered office of NELLES RECYCLAGE is located at Xhoffraix-Au-dessus des Trous 4, 4960 Malmedy.

Is NELLES RECYCLAGE still active?

Yes. According to the CBE (29 October 2026) NELLES RECYCLAGE is active, legal situation “Normale toestand”, started on 2 July 1999.

Is NELLES RECYCLAGE registered on Peppol?

Yes, NELLES RECYCLAGE is registered on the Peppol network with ID 0208:0466419748.

What is the enterprise number of NELLES RECYCLAGE?

The enterprise number of NELLES RECYCLAGE is BE0466419748.

When was NELLES RECYCLAGE founded?

NELLES RECYCLAGE was founded on 2 July 1999.

Who are the directors of NELLES RECYCLAGE?

According to the 2025 annual accounts, the directors of NELLES RECYCLAGE are: Jean NELLES, Finel.

Is NELLES RECYCLAGE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 July 1999; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did NELLES RECYCLAGE make in 2025?

NELLES RECYCLAGE posted a profit after taxes of € 7,650 in financial year 2025.

What is the revenue of NELLES RECYCLAGE?

As a small company, NELLES RECYCLAGE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 472,402.

How much does an employee at NELLES RECYCLAGE earn?

The average wage cost per full-time employee at NELLES RECYCLAGE was € 65,600 in 2023: staff costs of € 190,220 for 2.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

NELLES RECYCLAGE (Private Limited) - Malmedy

Dossier NELLES RECYCLAGE, printed on 29 October 2026 from databakkes.be/en/0466419748/nelles-recyclage. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

25 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

NELLES RECYCLAGE from Malmedy, company number BE0466419748, closed financial year 2025 with a result of € 7,650 after tax. For that financial year NELLES RECYCLAGE recorded a gross margin of € 472,402 and equity of € 379,785. Compared with financial year 2024, the result moved from € -55,492 to € 7,650. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.

What it is worth Growing

€ 379,785

▲ 2% vs 2024

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

Profit Growing

€ 7,650

▲ still € 55,492 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 28,593

▼ 41% 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 € 260,250.

People and assets in 2025

Wage cost

€ 190,971

▼ 2% vs 2024

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

€ 957,914

▼ 15% vs 2024

Of which on lease € 955,716.

Debts at end 2025

Bank debt ≈ 7 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.

€ 1.5 million

▼ 6% vs 2024

€ 203,953 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 73,258

▼ 15% vs 2024

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

Taxes and wages

€ 6,511

▼ 66% 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
Gross margin	€ 353,689 Gross margin 2022: € 353,689 First fiscal year in the series	€ 726,834 Gross margin 2023: € 726,834 ▲ 106% vs 2022 (€ 353,689) Favourable step	€ 377,330 Gross margin 2024: € 377,330 ▼ 48% vs 2023 (€ 726,834) Unfavourable step	€ 472,402 Gross margin 2025: € 472,402 ▲ 25% vs 2024 (€ 377,330) Favourable step	▲ 25%
Profit after taxes	€ 102,099 Profit after taxes 2022: € 102,099 First fiscal year in the series	€ 352,498 Profit after taxes 2023: € 352,498 ▲ 245% vs 2022 (€ 102,099) Favourable step	€ -55,492 Profit after taxes 2024: € -55,492 ▼ € 407,990 vs 2023 (€ 352,498) Unfavourable step	€ 7,650 Profit after taxes 2025: € 7,650 ▲ € 63,142 vs 2024 (€ -55,492) Favourable step	▲ € 63,142
Equity	€ 190,755 Equity 2022: € 190,755 First fiscal year in the series	€ 427,627 Equity 2023: € 427,627 ▲ 124% vs 2022 (€ 190,755) Favourable step	€ 372,135 Equity 2024: € 372,135 ▼ 13% vs 2023 (€ 427,627) Unfavourable step	€ 379,785 Equity 2025: € 379,785 ▲ 2% vs 2024 (€ 372,135) Favourable step	▲ 2%
Total debts	€ 1,212,318 Total debts 2022: € 1,212,318 First fiscal year in the series	€ 1,363,312 Total debts 2023: € 1,363,312 ▲ 12% vs 2022 (€ 1,212,318) Unfavourable step	€ 1,695,408 Total debts 2024: € 1,695,408 ▲ 24% vs 2023 (€ 1,363,312) Unfavourable step	€ 1,576,456 Total debts 2025: € 1,576,456 ▼ 7% vs 2024 (€ 1,695,408) Favourable step	▼ 7%
Cash	€ 16,925 Cash 2022: € 16,925 First fiscal year in the series	€ 72,199 Cash 2023: € 72,199 ▲ € 55,275 vs 2022 (€ 16,925) Favourable step	€ 48,510 Cash 2024: € 48,510 ▼ 33% vs 2023 (€ 72,199) Unfavourable step	€ 28,593 Cash 2025: € 28,593 ▼ 41% vs 2024 (€ 48,510) Unfavourable step	▼ 41%
Land & buildings	€ 751,766 Land & buildings 2022: € 751,766 First fiscal year in the series	€ 716,909 Land & buildings 2023: € 716,909 ▼ 5% vs 2022 (€ 751,766) Unchanged	€ 711,672 Land & buildings 2024: € 711,672 ▼ 1% vs 2023 (€ 716,909) Unchanged	€ 673,808 Land & buildings 2025: € 673,808 ▼ 5% vs 2024 (€ 711,672) Unchanged	▼ 5%
Retained profit	€ 75,755 Retained profit 2022: € 75,755 First fiscal year in the series	€ 312,627 Retained profit 2023: € 312,627 ▲ € 236,873 vs 2022 (€ 75,755) Favourable step	€ 257,135 Retained profit 2024: € 257,135 ▼ 18% vs 2023 (€ 312,627) Unfavourable step	€ 260,250 Retained profit 2025: € 260,250 ▲ 1% vs 2024 (€ 257,135) Favourable step	▲ 1%
Dividend	€ 40,000 Dividend 2022: € 40,000 First fiscal year in the series	€ 100,000 Dividend 2023: € 100,000 ▲ 150% vs 2022 (€ 40,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 100,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 925,817 Bank debt 2022: € 925,817 First fiscal year in the series	€ 1,207,459 Bank debt 2023: € 1,207,459 ▲ 30% vs 2022 (€ 925,817) Unfavourable step	€ 1,589,512 Bank debt 2024: € 1,589,512 ▲ 32% vs 2023 (€ 1,207,459) Unfavourable step	€ 1,496,657 Bank debt 2025: € 1,496,657 ▼ 6% vs 2024 (€ 1,589,512) Favourable step	▼ 6%
Balance sheet total	€ 1,403,072 Balance sheet total 2022: € 1,403,072 First fiscal year in the series	€ 1,805,426 Balance sheet total 2023: € 1,805,426 ▲ 29% vs 2022 (€ 1,403,072) Unchanged	€ 2,080,467 Balance sheet total 2024: € 2,080,467 ▲ 15% vs 2023 (€ 1,805,426) Unchanged	€ 1,967,602 Balance sheet total 2025: € 1,967,602 ▼ 5% vs 2024 (€ 2,080,467) Unchanged	▼ 5%
Employees (FTE)	-	2.9 Employees (FTE) 2023: 2.9 First fiscal year in the series	-	-

Key figures of NELLES RECYCLAGE, 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 NELLES RECYCLAGE?

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

Jul 10, 2026 New annual accounts for financial year 2025: profit of € 7,650. Source: NBB ↗
2024 Jean NELLES became a director. NBB
2024 Finel became a director. NBB
Jan 1, 2008 New establishment in Trois-Ponts. KBO
Aug 25, 1999 New establishment in Malmedy. KBO
Jul 2, 1999 Start of the company according to the CBE. KBO

In short

From € 102,099 profit in 2022 to € 7,650 profit in 2025.

Paid € 756 in corporate taxes since 2022.

Best year ever: 2023, with € 352,498 profit.

On average € 250,600 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Jean NELLES Finel

NELLES FRERES

COMUREX

BETON NELLES RECYCLAGE

NELLES RECYCLAGE

Behind NELLES RECYCLAGE are Jean NELLES and Finel. The same people are also behind NELLES FRERES. Jean NELLES is also behind COMUREX, BETON NELLES RECYCLAGE, NELLES TRANSPORTS, J.M.M.J. and HOLLOGNE DEVELOPPEMENT.

Directors

According to the 2025 annual accounts

Jean NELLES

Director

Also active at: NELLES FRERES, COMUREX, BETON NELLES RECYCLAGE, NELLES TRANSPORTS, J.M.M.J., HOLLOGNE DEVELOPPEMENT

since 2024

Finel

Managing director · represented by Charles NELLES

Also active at: NELLES FRERES

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Xhoffraix-Au-dessus des Trous 4

4960 Malmedy

2.317.445.212

Sur le Meez 35

4980 Trois-Ponts

Active since 1 January 2008

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.

All companies at this address →

NELLES FRERES same network

€ 40.1 million revenue · 2025

BETON NELLES RECYCLAGE same network

€ 496,507 gross margin · 2025

NELLES TRANSPORTS same network

€ 602,899 gross margin · 2025

NELLES GROUPE

NELLES FRERES SA - COMUREX SPRL

+20 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

0466.419.748

VAT number

BE 0466.419.748

Registered office

Xhoffraix-Au-dessus des Trous 4, 4960 Malmedy

Names & denominations

NELLES RECYCLAGE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

2 July 1999

Peppol

Active · Active since 7 Nov 2024

Activities · NACE

Terugwinning van materialen uit afval

Recycling van niet-metaalafval

Terugwinning van inerte afvalstoffen

View on CBE Public ↗ Annual accounts (NBB) ↗

NELLES RECYCLAGE

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Financials

What happened to NELLES RECYCLAGE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions