Financials
Financial year 2025
INDUSTRIAL RECYCLERS LOGISTICS from Manhay, company number BE0653813553, closed financial year 2025 with a result of € 70,452 after tax. For that financial year INDUSTRIAL RECYCLERS LOGISTICS recorded a gross margin of € 840,292 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 66,388 to € 70,452. 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 16, 2026.
€ 1.1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,452
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 58,551
▼ 46% 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 € 763,877.
People and assets in 2025
6.7
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 367,432
▲ 12% vs 2024
€ 54,800 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.
€ 996,307
▼ 11% vs 2024
Of which on lease € 982,955.
Debts at end 2025
€ 1.9 million
▼ 8% vs 2024
€ 156,908 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 82,979
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,003
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 643,997 | € 716,406 | € 749,785 | € 840,292 | ▲ 12% |
| Profit after taxes | € 11,317 | € 107,533 | € 66,388 | € 70,452 | ▲ 6% |
| Equity | € 991,858 | € 984,184 | € 1,023,543 | € 1,093,995 | ▲ 7% |
| Total debts | € 3,876,761 | € 2,721,178 | € 2,541,642 | € 2,480,017 | ▼ 2% |
| Cash | € 1,090,650 | € 190,243 | € 107,531 | € 58,551 | ▼ 46% |
| Land & buildings | € 1,898,992 | € 986,998 | € 937,636 | € 959,069 | ▲ 2% |
| Retained profit | € 519,504 | € 627,037 | € 693,425 | € 763,877 | ▲ 10% |
| Dividend | € 700,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,637,006 | € 2,075,020 | € 2,059,742 | € 1,892,929 | ▼ 8% |
| Balance sheet total | € 4,868,619 | € 3,705,363 | € 3,565,185 | € 3,574,012 | |
| Employees (FTE) | 8 | 5.7 | 6.4 | 6.7 | ▲ 0.3 |
Key figures of INDUSTRIAL RECYCLERS LOGISTICS, 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 INDUSTRIAL RECYCLERS LOGISTICS?
What happened at INDUSTRIAL RECYCLERS LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 70,452 (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Manhay. KBO
- Jean-Philippe Mitula became a director. NBB
- Marc Parthoens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,317 profit in 2022 to € 70,452 profit in 2025.
Paid € 121,499 in corporate taxes since 2022.
Best year ever: 2023, with € 107,533 profit.
On average € 125,400 of value added per employee in 2025.
A new publication or filing at INDUSTRIAL RECYCLERS LOGISTICS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of INDUSTRIAL RECYCLERS HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INDUSTRIAL RECYCLERS LOGISTICSBehind INDUSTRIAL RECYCLERS LOGISTICS are Jean-Philippe Mitula and Marc Parthoens. The shares are held by INDUSTRIAL RECYCLERS HOLDING (99.3%).
Directors
According to the 2025 annual accounts
Jean-Philippe Mitula
Director
Also active at: Plastic Pool Europe, VCTR CONSULTING, INDUSTRIAL RECYCLERS PROPERTY, INDUSTRIAL RECYCLERS FINANCE, GENERAL PLASTICS CONSULTING, IMMO INVEST
since 2016
Marc Parthoens
Director
Also active at: Plastic Pool Europe, INDUSTRIAL RECYCLERS HOLDING, INDUSTRIAL CONSULTING, Soccer Invest, INDUSTRIAL RECYCLERS PROPERTY, INDUSTRIAL RECYCLERS FINANCE, IMMO INVEST
since 2016
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Parc Industriel, Dochamps 5
6960 Manhay
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Plastic Pool Europe same network
€ 2.3 million gross margin · 2025
INDUSTRIAL RECYCLERS HOLDING same network
€ 111,243 gross margin · 2025
PLASTIC POOL EUROPE
INDUSTRIAL RECYCLERS PROPERTY same network
€ 469,505 gross margin · 2025
INDUSTRIAL RECYCLERS FINANCE same network
€ -197 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Outlook.com (free)
Hosting
VERIXI, BE
Website info
Features
Security
Details
- Company number
- 0653.813.553
- VAT number
- BE 0653.813.553
- Registered office
- Parc Industriel, Dochamps 5, 6960 Manhay
- Names & denominations
- INDUSTRIAL RECYCLERS LOGISTICS · I.R.L.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2016
- Peppol
- Active · Active since 27 Nov 2025
- Contact
- pp-europe.be
- Activities · NACE
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