Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RECYCLO from Watermaal-Bosvoorde, company number BE0695898289, closed financial year 2025 with a result of € 110,768 after tax. For that financial year RECYCLO recorded a gross margin of € 377,284 and equity of € -9,100. Compared with financial year 2024, the result moved from € -35,814 to € 110,768. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ -9,100
▲ € 92,730 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 110,768
▲ still € 35,814 loss in 2024
Profit after tax over the fiscal year.
€ 37,030
▲ € 35,375 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 € -63,776.
People and assets in 2025
€ 268,664
▲ 51% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 64,846
▲ 123% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,686
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,171
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 66,521 | € 83,172 | € 144,201 | € 377,284 | ▲ 162% |
| Profit after taxes | € -27,441 | € -41,153 | € -35,814 | € 110,768 | ▲ € 146,582 |
| Equity | € 11,213 | € -47,977 | € -101,829 | € -9,100 | ▲ € 92,730 |
| Total debts | € 75,912 | € 113,404 | € 245,320 | € 199,591 | ▼ 19% |
| Cash | € 1,732 | € 3,017 | € 1,655 | € 37,030 | ▲ € 35,375 |
| Retained profit | € -97,577 | € -138,729 | € -174,543 | € -63,776 | ▲ € 110,768 |
| Balance sheet total | € 87,126 | € 65,427 | € 143,491 | € 190,491 | ▲ 33% |
Key figures of RECYCLO, 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 RECYCLO?
What happened at RECYCLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 110,768. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Evere. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,441 loss in 2022 to € 110,768 profit in 2025.
Best year ever: 2025, with € 110,768 profit.
A new publication or filing at RECYCLO? 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
Behind RECYCLO are Emmanuel BAETEN and Alain BORIBON. Alain BORIBON is also behind SUBSICONSEILS, BORIMMO, CITIZENFUND and BELAMANDIER.
Directors
According to the 2025 annual accounts
Emmanuel BAETEN
Director
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 150
1170 Watermaal-Bosvoorde
Leuvensesteenweg 775
1140 Evere
Active since 14 May 2018
Dieudonné Lefèvrestraat 4
1020 Brussel
Active since 21 October 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Etablissements Michel Chausseur et Boy Bottier
€ 132,952 gross margin · 2025
HNK2
€ 34,864 gross margin · 2025
Association Belge des Syndicats Médicaux - Bruxelles
Union professionnelle Belge de Dermatologie et Vénérologie - Belgische Beroepsvereniging voor Dermatologie en Venerologie
Belgische beroepsverenigingen van de artsen-specialisten in anesthesie-reanimatie
+10 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
Self-hosted
Hosting
WIX_COM, IL
Domain
Domain
recyclo.coop
Registered
2019-06-10
Registrar
Gandi SAS
Expires
2027-06-10
Website info
Features
Security
Network
Details
- Company number
- 0695.898.289
- VAT number
- BE 0695.898.289
- Registered office
- Terhulpsesteenweg 150, 1170 Watermaal-Bosvoorde
- Names & denominations
- RECYCLO
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 14 May 2018
- Peppol
- Active · Active since 22 Jan 2026
- Activities · NACE
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