Active · per the CBE, 29 October 2026

COMET TYRE RECYCLING

BE0475073732

Rechtspersoon Public limited company 1 establishment

COMET TYRE RECYCLING is a waste processor in Châtelet. Public Limited, started on 22 June 2001, 1 establishment.

Rivage de Boubier 25, 6200 Châtelet

Active for

25 year, 4 months

Warning lights

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

  • 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.

What it is worth Healthy

€ 708,459

▼ 29% vs 2024

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

Profit Healthy

€ 710,923

▼ 54% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 898,622

▼ 16% vs 2024

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

Where the profit goes Pays out

€ 1 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

10.7

▲ 2.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 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.

Vehicles and equipment

€ 570,076

▼ 31% vs 2024

Of which on lease € 326,534.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 2.7 million

▲ 138% vs 2024

€ 623,036 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 249,372

▼ 73% vs 2024

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

Taxes and wages

€ 440,468

▼ 12% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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 RECYCLING

The shares are held by COMPAGNIE BELGE DE PARTICIPATIONS INDUSTRIELLES ET IMMOBILIERES (100%).

Directors

According to the 2025 annual accounts

C.B.P.I.I. SA

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

since 2026 · until 2032

Hervé DEMOULIN

Director

Also active at: COMET TRAITEMENTS

since 2026 · until 2032

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rivage de Boubier 25

6200 Châtelet

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

Terugwinning van materialen uit afval

Recycling van niet-metaalafval

Terugwinning van inerte afvalstoffen

Frequently asked questions

What does COMET TYRE RECYCLING do?
COMET TYRE RECYCLING is a waste processor in Châtelet. Public Limited, started on 22 June 2001, 1 establishment.
What is the address of COMET TYRE RECYCLING?
The registered office of COMET TYRE RECYCLING is located at Rivage de Boubier 25, 6200 Châtelet.
Is COMET TYRE RECYCLING still active?
Yes. According to the CBE (29 October 2026) COMET TYRE RECYCLING is active, legal situation “Normale toestand”, started on 22 June 2001.
Is COMET TYRE RECYCLING registered on Peppol?
Yes, COMET TYRE RECYCLING is registered on the Peppol network with ID 0208:0475073732.
What is the enterprise number of COMET TYRE RECYCLING?
The enterprise number of COMET TYRE RECYCLING is BE0475073732.
When was COMET TYRE RECYCLING founded?
COMET TYRE RECYCLING was founded on 22 June 2001.