What does RECYDEL do?

RECYDEL is a waste processor in Liège. Public Limited, started on 17 October 2001, 1 establishment.

What is the address of RECYDEL?

The registered office of RECYDEL is located at Rue Wérihet 72, 4020 Liège.

Is RECYDEL still active?

Yes. According to the CBE (29 October 2026) RECYDEL is active, legal situation “Normale toestand”, started on 17 October 2001.

Is RECYDEL registered on Peppol?

Yes, RECYDEL is registered on the Peppol network with ID 0208:0475885265.

What is the enterprise number of RECYDEL?

The enterprise number of RECYDEL is BE0475885265.

When was RECYDEL founded?

RECYDEL was founded on 17 October 2001.

Who are the directors of RECYDEL?

According to the 2025 annual accounts, the directors of RECYDEL are: Sebastiaan Van Ginkel, Guillaume Tellier, Maarten Damen, Sophie Al Assouad, Intradel SC.

Is RECYDEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 October 2001; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did RECYDEL make in 2025?

RECYDEL posted a profit after taxes of € 1,199,907 in financial year 2025.

What is the revenue of RECYDEL?

In its most recent annual accounts (2025), RECYDEL reported revenue of € 42,728,228.

How much does an employee at RECYDEL earn?

The average wage cost per full-time employee at RECYDEL was € 74,400 in 2025: staff costs of € 4.2 million for 57 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does RECYDEL have?

According to the 2025 annual accounts, RECYDEL has 57 full-time equivalents (FTE).

RECYDEL (Public Limited) - Liège - BE0475885265

Dossier RECYDEL, printed on 29 October 2026 from databakkes.be/en/0475885265/recydel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

RECYDEL from Liège, company number BE0475885265, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year RECYDEL recorded revenue of € 42.7 million and equity of € 7.1 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.2 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2025.

What it is worth Healthy

€ 7.1 million

▼ 5% vs 2024

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

Profit Healthy

€ 1.2 million

▼ 1% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.6 million

▼ 5% vs 2024

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

Where the profit goes Pays out

€ 1.6 million paid out

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

People and assets in 2025

Full-time equivalents

▲ 2 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 16.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.2 million

▲ 4% vs 2024

€ 74,400 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

€ 30,427

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 8.2 million

▲ 11% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.

Taxes and wages

€ 1.2 million

▼ 1% 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
Revenue	€ 21,676,778 Revenue 2022: € 21,676,778 First fiscal year in the series	€ 29,363,100 Revenue 2023: € 29,363,100 ▲ 35% vs 2022 (€ 21,676,778) Favourable step	€ 34,520,894 Revenue 2024: € 34,520,894 ▲ 18% vs 2023 (€ 29,363,100) Favourable step	€ 42,728,228 Revenue 2025: € 42,728,228 ▲ 24% vs 2024 (€ 34,520,894) Favourable step	▲ 24%
Profit after taxes	€ 2,123,186 Profit after taxes 2022: € 2,123,186 First fiscal year in the series	€ 1,969,510 Profit after taxes 2023: € 1,969,510 ▼ 7% vs 2022 (€ 2,123,186) Unfavourable step	€ 1,209,972 Profit after taxes 2024: € 1,209,972 ▼ 39% vs 2023 (€ 1,969,510) Unfavourable step	€ 1,199,907 Profit after taxes 2025: € 1,199,907 ▼ 1% vs 2024 (€ 1,209,972) Unfavourable step	▼ 1%
Equity	€ 7,370,899 Equity 2022: € 7,370,899 First fiscal year in the series	€ 7,752,425 Equity 2023: € 7,752,425 ▲ 5% vs 2022 (€ 7,370,899) Favourable step	€ 7,454,897 Equity 2024: € 7,454,897 ▼ 4% vs 2023 (€ 7,752,425) Unfavourable step	€ 7,079,803 Equity 2025: € 7,079,803 ▼ 5% vs 2024 (€ 7,454,897) Unfavourable step	▼ 5%
Total debts	€ 9,389,542 Total debts 2022: € 9,389,542 First fiscal year in the series	€ 12,405,808 Total debts 2023: € 12,405,808 ▲ 32% vs 2022 (€ 9,389,542) Unfavourable step	€ 10,090,536 Total debts 2024: € 10,090,536 ▼ 19% vs 2023 (€ 12,405,808) Favourable step	€ 11,043,488 Total debts 2025: € 11,043,488 ▲ 9% vs 2024 (€ 10,090,536) Unfavourable step	▲ 9%
Cash	€ 5,572,258 Cash 2022: € 5,572,258 First fiscal year in the series	€ 6,922,926 Cash 2023: € 6,922,926 ▲ 24% vs 2022 (€ 5,572,258) Favourable step	€ 3,784,105 Cash 2024: € 3,784,105 ▼ 45% vs 2023 (€ 6,922,926) Unfavourable step	€ 3,611,304 Cash 2025: € 3,611,304 ▼ 5% vs 2024 (€ 3,784,105) Unfavourable step	▼ 5%
Land & buildings	€ 125,626 Land & buildings 2022: € 125,626 First fiscal year in the series	€ 99,237 Land & buildings 2023: € 99,237 ▼ 21% vs 2022 (€ 125,626) Unchanged	€ 76,202 Land & buildings 2024: € 76,202 ▼ 23% vs 2023 (€ 99,237) Unchanged	€ 706,444 Land & buildings 2025: € 706,444 ▲ € 630,242 vs 2024 (€ 76,202) Unchanged	▲ € 630,242
Retained profit	€ 4,857,915 Retained profit 2022: € 4,857,915 First fiscal year in the series	€ 5,252,425 Retained profit 2023: € 5,252,425 ▲ 8% vs 2022 (€ 4,857,915) Favourable step	€ 4,954,897 Retained profit 2024: € 4,954,897 ▼ 6% vs 2023 (€ 5,252,425) Unfavourable step	€ 4,579,803 Retained profit 2025: € 4,579,803 ▼ 8% vs 2024 (€ 4,954,897) Unfavourable step	▼ 8%
Dividend	€ 3,150,000 Dividend 2022: € 3,150,000 First fiscal year in the series	€ 1,575,000 Dividend 2023: € 1,575,000 ▼ 50% vs 2022 (€ 3,150,000) Unchanged	€ 1,507,500 Dividend 2024: € 1,507,500 ▼ 4% vs 2023 (€ 1,575,000) Unchanged	€ 1,575,000 Dividend 2025: € 1,575,000 ▲ 4% vs 2024 (€ 1,507,500) Unchanged	▲ 4%
Balance sheet total	€ 16,766,784 Balance sheet total 2022: € 16,766,784 First fiscal year in the series	€ 20,158,233 Balance sheet total 2023: € 20,158,233 ▲ 20% vs 2022 (€ 16,766,784) Unchanged	€ 17,545,432 Balance sheet total 2024: € 17,545,432 ▼ 13% vs 2023 (€ 20,158,233) Unchanged	€ 18,123,291 Balance sheet total 2025: € 18,123,291 ▲ 3% vs 2024 (€ 17,545,432) Unchanged	▲ 3%
Employees (FTE)	41 Employees (FTE) 2022: 41 First fiscal year in the series	54.9 Employees (FTE) 2023: 54.9 ▲ 13.9 vs 2022 (41) Unchanged	55 Employees (FTE) 2024: 55 ▲ 0.1 vs 2023 (54.9) Unchanged	57 Employees (FTE) 2025: 57 ▲ 2 vs 2024 (55) Unchanged	▲ 2

Key figures of RECYDEL, 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 October 2026.

What happened to RECYDEL?

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

2026 Sebastiaan Van Ginkel stepped down as director. NBB
2026 Guillaume Tellier stepped down as director. NBB
2026 Maarten Damen stepped down as director. NBB
2026 Sophie Al Assouad stepped down as director. NBB
2026 Intradel SC stepped down as director. NBB
Oct 9, 2025 New annual accounts for financial year 2025: profit of € 1.2 million (▼ 1% vs 2024). Source: NBB ↗
2025 Guillaume Tellier became a director. NBB
2024 Maarten Damen became a director. NBB

In short

From € 2.1 million profit in 2022 to € 1.2 million profit in 2025.

Paid € 2.6 million in corporate taxes since 2022.

Best year ever: 2022, with € 2.1 million profit.

Paid out € 7.8 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Renewi Monostreams BV 80%

Spaque SA 12.6%

Intradel SCRL 7.5%

RECYDEL

The shares are held by Renewi Monostreams BV (80%), Spaque SA (12.6%) and Intradel SCRL (7.5%).

Directors

According to the 2025 annual accounts

Sebastiaan Van Ginkel

Director

since 2023 · until 2026

Guillaume Tellier

Director

since 2025 · until 2026

Maarten Damen

Director

since 2024 · until 2026

Sophie Al Assouad

Director

since 2020 · until 2026

Intradel SC

Director · represented by Marie-Christine Nossent

Also active at: SOCIETE INDUSTRIELLE DE DECHETS DE CONSTRUCTION, RECYLIEGE, SOCIETE D'INTEGRATION PAR LE TRAVAIL EN ENVIRONNEMENT EN REGION LIEGEOISE, BAU-Regain, URBEO INVEST

since 2020 · until 2026

Shareholders

Renewi Monostreams BV

80%

Spaque SA

12.6%

Intradel SCRL

7.5%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Wérihet 72

4020 Liège

2.098.887.582

Rue Wérihet 57

4020 Liège

Active since 7 March 2002

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

Details

Company number

0475.885.265

VAT number

BE 0475.885.265

Registered office

Rue Wérihet 72, 4020 Liège

Names & denominations

RECYDEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

17 October 2001

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Terugwinning van materialen uit afval

Recycling van metaalafval

Andere afvalverwijdering

Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval

Terugwinning van metaalafval

Overige verwerking en verwijdering van ongevaarlijk afval

Groothandel in ijzer- en staalschroot en in oude non-ferrometalen

Groothandel in afval en schroot

View on CBE Public ↗ Annual accounts (NBB) ↗

RECYDEL

Financials

What happened to RECYDEL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions