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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
COMET TYRE RECYCLING from Châtelet, company number BE0475073732, closed financial year 2025 with a result of € 710,923 after tax. For that financial year COMET TYRE RECYCLING recorded a gross margin of € 2.1 million and equity of € 708,459. Compared with financial year 2024, the result moved from € 1.6 million to € 710,923. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ 708,459
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 710,923
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 898,622
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
10.7
▲ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 806,894
▲ 40% vs 2024
€ 75,400 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.
€ 570,076
▼ 31% vs 2024
Of which on lease € 326,534.
Debts at end 2025
€ 2.7 million
▲ 138% vs 2024
€ 623,036 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 249,372
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 440,468
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,866,727 | € 2,631,980 | € 2,835,440 | € 2,133,484 | ▼ 25% |
| Profit after taxes | € 1,058,841 | € 1,547,457 | € 1,553,764 | € 710,923 | ▼ 54% |
| Equity | € 717,975 | € 665,372 | € 997,536 | € 708,459 | ▼ 29% |
| Total debts | € 2,536,222 | € 3,398,727 | € 3,962,174 | € 4,573,663 | ▲ 15% |
| Cash | € 1,588,098 | € 1,135,084 | € 1,066,374 | € 898,622 | ▼ 16% |
| Land & buildings | € 61,692 | € 56,622 | € 47,957 | € 39,292 | ▼ 18% |
| Retained profit | € 655,975 | € 603,372 | € 935,536 | € 646,459 | ▼ 31% |
| Dividend | € 900,000 | € 1,600,060 | € 1,221,600 | € 1,000,000 | ▼ 18% |
| Bank debt | € 1,134,036 | € 995,500 | € 1,140,323 | € 2,708,890 | ▲ 138% |
| Balance sheet total | € 3,396,347 | € 4,219,999 | € 5,115,140 | € 5,437,552 | ▲ 6% |
| Employees (FTE) | 7.2 | 8.1 | 8.4 | 10.7 | ▲ 2.3 |
Key figures of COMET TYRE RECYCLING, 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 COMET TYRE RECYCLING?
What happened at COMET TYRE RECYCLING 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
- Pierre-François BAREEL stepped down as director. NBB
- Aurore GROSJEAN stepped down as director. NBB
- Hervé DEMOULIN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 710,923 (▼ 54% vs 2024). filed late Source: NBB ↗
- Maxime GROSJEAN became a director. NBB
- C.B.P.I.I. SA became a director. NBB
In short
From € 1.1 million profit in 2022 to € 710,923 profit in 2025.
Paid € 789,436 in corporate taxes since 2022.
Best year ever: 2024, with € 1.6 million profit.
On average € 199,400 of value added per employee in 2025.
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.
COMET TYRE RECYCLINGThe shares are held by COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES (100%).
Directors
According to the 2025 annual accounts
Maxime GROSJEAN
Director
Also active at: Rivage et Entrepôts de Châtelineau, COMETSAMBRE, RECYMET, RECYCAR, COMET TRAITEMENTS, MG MANAGEMENT CONSULTING, COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES, IMMO AZUR +2 more
since 2026 · until 2032
Chairman of the board · represented by Philippe GROSJEAN
Also active at: Rivage et Entrepôts de Châtelineau, COMETSAMBRE, ACIERS GROSJEAN, RECYMET, RECYCAR, FERUTIL, COMET TRAITEMENTS, IMMO AZUR +2 more
since 2026 · until 2032
Pierre-François BAREEL
Managing director
Also active at: COMETSAMBRE, COMET TRAITEMENTS, COMET SERVICES, SOLARCYCLE, NEODIM
since 2026 · until 2032
Aurore GROSJEAN
Director
Also active at: Rivage et Entrepôts de Châtelineau, ACOZ FERS ET METAUX, GROSJEAN ET FILS, COMETSAMBRE, ACIERS GROSJEAN, RECYMET, BRICOFER, RECYCAR +7 more
since 2026 · until 2032
since 2026 · until 2032
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rivage de Boubier 25
6200 Châtelet
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
RECYMET same network
€ 35.9 million revenue · 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.
Details
- Company number
- 0475.073.732
- VAT number
- BE 0475.073.732
- Registered office
- Rivage de Boubier 25, 6200 Châtelet
- Names & denominations
- COMET TYRE RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2001
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
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