Financials
Financial year 2025
RECYCAM from Amel, company number BE0480060522, closed financial year 2025 with a result of € 161,734 after tax. For that financial year RECYCAM recorded a gross margin of € 453,605 and equity of € 534,603. Compared with financial year 2024, the result moved from € 97,092 to € 161,734. Profitable, and profit is growing. 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 August 31, 2026.
€ 534,603
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 161,734
▲ 67% vs 2024
Profit after tax over the fiscal year.
€ 65,815
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 234,603.
People and assets in 2025
2.3
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 132,026
▲ 14% vs 2024
€ 57,400 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.
€ 98,767
▼ 34% vs 2024
Of which on lease € 98,767.
Debts at end 2025
€ 83,918
▼ 35% vs 2024
€ 42,989 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 11,609
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 54,103
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 285,924 | € 306,658 | € 364,512 | € 453,605 | ▲ 24% |
| Profit after taxes | € 69,375 | € 22,535 | € 97,092 | € 161,734 | ▲ 67% |
| Equity | € 453,242 | € 475,777 | € 372,869 | € 534,603 | ▲ 43% |
| Total debts | € 375,971 | € 271,835 | € 402,633 | € 165,154 | ▼ 59% |
| Cash | € 151,476 | € 62,762 | € 133,039 | € 65,815 | ▼ 51% |
| Land & buildings | € 58,533 | € 42,219 | € 29,651 | € 23,288 | ▼ 21% |
| Retained profit | € 153,242 | € 175,777 | € 72,869 | € 234,603 | ▲ 222% |
| Dividend | € 0 | € 0 | € 200,000 | € 0 | ▼ 100% |
| Bank debt | € 298,154 | € 213,704 | € 128,988 | € 83,918 | ▼ 35% |
| Balance sheet total | € 829,213 | € 747,612 | € 775,501 | € 699,757 | ▼ 10% |
| Employees (FTE) | 2 | 2 | 2 | 2.3 | ▲ 0.3 |
Key figures of RECYCAM, 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 RECYCAM?
What happened at RECYCAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Roger Gehlen stepped down as director. NBB
- Joseph Johann Pfeiffer stepped down as director. NBB
- Christian Maraite stepped down as director. NBB
- Walther Johann Hilger stepped down as director. NBB
- Markus Elsen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 161,734 (▲ 67% vs 2024). filed late Source: NBB ↗
- Markus Elsen became a director. NBB
- Christian Maraite became a director. NBB
In short
From € 69,375 profit in 2022 to € 161,734 profit in 2025.
Paid € 94,225 in corporate taxes since 2022.
Best year ever: 2025, with € 161,734 profit.
On average € 197,200 of value added per employee in 2025.
Management
The stake of GEHLEN MANAGEMENT, MABECO HOLDING, HILGER, ELSEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RECYCAMThe shares are held by GEHLEN MANAGEMENT (20%), MABECO HOLDING (20%), HILGER (20%) and ELSEN (20%).
Directors
According to the 2025 annual accounts
Roger Gehlen
Director
since 2015 · until 2029
Joseph Johann Pfeiffer
Director
since 2008 · until 2029
Christian Maraite
Managing director
since 2015 · until 2029
Walther Johann Hilger
Director
since 2008 · until 2029
since 2018 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Born,Engelsdorfer Straße 19
4770 Amel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.060.522
- VAT number
- BE 0480.060.522
- Registered office
- Born,Engelsdorfer Straße 19, 4770 Amel
- Names & denominations
- RECYCAM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 2003
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Inzameling van ongevaarlijk afval
Andere afvalverwijdering
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Overige verwerking en verwijdering van ongevaarlijk afval
Groothandel in bouwmaterialen, algemeen assortiment
Terugwinning van materialen uit afval
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Behandeling en verwijdering van ongevaarlijk afval, m.u.v. slib en vloeibare afvalstoffen