What does INDUSTRIAL RECYCLERS PROPERTY do?

INDUSTRIAL RECYCLERS PROPERTY is a waste processor in Manhay. Public Limited, started on 10 March 2005, 1 establishment.

What is the address of INDUSTRIAL RECYCLERS PROPERTY?

The registered office of INDUSTRIAL RECYCLERS PROPERTY is located at Parc Industriel, Dochamps 5, 6960 Manhay.

Is INDUSTRIAL RECYCLERS PROPERTY still active?

Yes. According to the CBE (30 October 2026) INDUSTRIAL RECYCLERS PROPERTY is active, legal situation “Normale toestand”, started on 10 March 2005.

Is INDUSTRIAL RECYCLERS PROPERTY registered on Peppol?

Yes, INDUSTRIAL RECYCLERS PROPERTY is registered on the Peppol network with ID 0208:0872411367.

What is the enterprise number of INDUSTRIAL RECYCLERS PROPERTY?

The enterprise number of INDUSTRIAL RECYCLERS PROPERTY is BE0872411367.

When was INDUSTRIAL RECYCLERS PROPERTY founded?

INDUSTRIAL RECYCLERS PROPERTY was founded on 10 March 2005.

Who are the directors of INDUSTRIAL RECYCLERS PROPERTY?

According to the 2025 annual accounts, the directors of INDUSTRIAL RECYCLERS PROPERTY are: Jean-Philippe Mitula, Marc Parthoens.

Is INDUSTRIAL RECYCLERS PROPERTY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 March 2005; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did INDUSTRIAL RECYCLERS PROPERTY make in 2025?

INDUSTRIAL RECYCLERS PROPERTY posted a profit after taxes of € 101,037 in financial year 2025.

What is the revenue of INDUSTRIAL RECYCLERS PROPERTY?

As a small company, INDUSTRIAL RECYCLERS PROPERTY is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 469,505.

How much does an employee at INDUSTRIAL RECYCLERS PROPERTY earn?

The average wage cost per full-time employee at INDUSTRIAL RECYCLERS PROPERTY was € 20,600 in 2024: staff costs of € 20,623 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

INDUSTRIAL RECYCLERS PROPERTY (Public Limited) - Manhay

Dossier INDUSTRIAL RECYCLERS PROPERTY, printed on 30 October 2026 from databakkes.be/en/0872411367/industrial-recyclers-property. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Tight liquidity NBB

Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

INDUSTRIAL RECYCLERS PROPERTY from Manhay, company number BE0872411367, closed financial year 2025 with a result of € 101,037 after tax. For that financial year INDUSTRIAL RECYCLERS PROPERTY recorded a gross margin of € 469,505 and equity of € 607,865. Compared with financial year 2024, the result moved from € 72,011 to € 101,037. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.

What it is worth Healthy

€ 607,865

▼ 25% vs 2024

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

Profit Growing

€ 101,037

▲ 40% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 194,653

▲ 158% vs 2024

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

Where the profit goes Pays out

€ 300,000 paid out

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

People and assets in 2025

Wage cost

€ 94

▼ € 20,529 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.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 839,688

▼ 1% vs 2024

€ 118,279 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 23,065

▲ 66% vs 2024

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

Taxes

€ 61,725

▲ 138% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 535,858 Gross margin 2022: € 535,858 First fiscal year in the series	€ 466,993 Gross margin 2023: € 466,993 ▼ 13% vs 2022 (€ 535,858) Unfavourable step	€ 472,756 Gross margin 2024: € 472,756 ▲ 1% vs 2023 (€ 466,993) Favourable step	€ 469,505 Gross margin 2025: € 469,505 ▼ 1% vs 2024 (€ 472,756) Unfavourable step	▼ 1%
Profit after taxes	€ 2,932 Profit after taxes 2022: € 2,932 First fiscal year in the series	€ 24,890 Profit after taxes 2023: € 24,890 ▲ € 21,958 vs 2022 (€ 2,932) Favourable step	€ 72,011 Profit after taxes 2024: € 72,011 ▲ 189% vs 2023 (€ 24,890) Favourable step	€ 101,037 Profit after taxes 2025: € 101,037 ▲ 40% vs 2024 (€ 72,011) Favourable step	▲ 40%
Equity	€ 709,927 Equity 2022: € 709,927 First fiscal year in the series	€ 734,817 Equity 2023: € 734,817 ▲ 4% vs 2022 (€ 709,927) Favourable step	€ 806,828 Equity 2024: € 806,828 ▲ 10% vs 2023 (€ 734,817) Favourable step	€ 607,865 Equity 2025: € 607,865 ▼ 25% vs 2024 (€ 806,828) Unfavourable step	▼ 25%
Total debts	€ 1,558,783 Total debts 2022: € 1,558,783 First fiscal year in the series	€ 1,408,230 Total debts 2023: € 1,408,230 ▼ 10% vs 2022 (€ 1,558,783) Favourable step	€ 1,078,288 Total debts 2024: € 1,078,288 ▼ 23% vs 2023 (€ 1,408,230) Favourable step	€ 1,445,851 Total debts 2025: € 1,445,851 ▲ 34% vs 2024 (€ 1,078,288) Unfavourable step	▲ 34%
Cash	€ 112,454 Cash 2022: € 112,454 First fiscal year in the series	€ 17,331 Cash 2023: € 17,331 ▼ 85% vs 2022 (€ 112,454) Unfavourable step	€ 75,369 Cash 2024: € 75,369 ▲ € 58,037 vs 2023 (€ 17,331) Favourable step	€ 194,653 Cash 2025: € 194,653 ▲ 158% vs 2024 (€ 75,369) Favourable step	▲ 158%
Land & buildings	€ 1,946,182 Land & buildings 2022: € 1,946,182 First fiscal year in the series	€ 1,752,461 Land & buildings 2023: € 1,752,461 ▼ 10% vs 2022 (€ 1,946,182) Unchanged	€ 1,523,849 Land & buildings 2024: € 1,523,849 ▼ 13% vs 2023 (€ 1,752,461) Unchanged	€ 1,611,420 Land & buildings 2025: € 1,611,420 ▲ 6% vs 2024 (€ 1,523,849) Unchanged	▲ 6%
Retained profit	€ 231,732 Retained profit 2022: € 231,732 First fiscal year in the series	€ 320,717 Retained profit 2023: € 320,717 ▲ 38% vs 2022 (€ 231,732) Favourable step	€ 456,823 Retained profit 2024: € 456,823 ▲ 42% vs 2023 (€ 320,717) Favourable step	€ 322,316 Retained profit 2025: € 322,316 ▼ 29% vs 2024 (€ 456,823) Unfavourable step	▼ 29%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 300,000 Dividend 2025: € 300,000 Unchanged (€ 0) Unchanged
Bank debt	€ 1,422,004 Bank debt 2022: € 1,422,004 First fiscal year in the series	€ 1,123,648 Bank debt 2023: € 1,123,648 ▼ 21% vs 2022 (€ 1,422,004) Favourable step	€ 847,734 Bank debt 2024: € 847,734 ▼ 25% vs 2023 (€ 1,123,648) Favourable step	€ 839,688 Bank debt 2025: € 839,688 ▼ 1% vs 2024 (€ 847,734) Favourable step	▼ 1%
Balance sheet total	€ 2,272,506 Balance sheet total 2022: € 2,272,506 First fiscal year in the series	€ 2,146,287 Balance sheet total 2023: € 2,146,287 ▼ 6% vs 2022 (€ 2,272,506) Unchanged	€ 1,887,801 Balance sheet total 2024: € 1,887,801 ▼ 12% vs 2023 (€ 2,146,287) Unchanged	€ 2,055,846 Balance sheet total 2025: € 2,055,846 ▲ 9% vs 2024 (€ 1,887,801) Unchanged	▲ 9%
Employees (FTE)	0.3 Employees (FTE) 2022: 0.3 First fiscal year in the series	1 Employees (FTE) 2023: 1 ▲ 0.7 vs 2022 (0.3) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	-

Key figures of INDUSTRIAL RECYCLERS PROPERTY, 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 PROPERTY?

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

2031 Marc Parthoens stepped down as director. NBB
2029 Jean-Philippe Mitula stepped down as director. NBB
Jul 16, 2026 New annual accounts for financial year 2025: profit of € 101,037 (▲ 40% vs 2024). Source: NBB ↗
2026 Marc Parthoens became a director. NBB
2023 Jean-Philippe Mitula became a director. NBB
May 12, 2005 New establishment in Villers-le-Bouillet. KBO
Mar 10, 2005 Start of the company according to the CBE. KBO

In short

From € 2,932 profit in 2022 to € 101,037 profit in 2025.

Paid € 208,442 in corporate taxes since 2022.

Best year ever: 2025, with € 101,037 profit.

On average € 472,800 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

INDUSTRIAL RECYCLERS HOLDING 99.7%

The stake of INDUSTRIAL RECYCLERS HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

INDUSTRIAL RECYCLERS PROPERTY

The shares are held by INDUSTRIAL RECYCLERS HOLDING (99.7%).

Directors

According to the 2025 annual accounts

Jean-Philippe Mitula

Managing director

Also active at: Plastic Pool Europe, INDUSTRIAL RECYCLERS LOGISTICS, VCTR CONSULTING, INDUSTRIAL RECYCLERS FINANCE, GENERAL PLASTICS CONSULTING, IMMO INVEST

since 2023 · until 2029

Marc Parthoens

Managing director

Also active at: Plastic Pool Europe, INDUSTRIAL RECYCLERS HOLDING, INDUSTRIAL CONSULTING, Soccer Invest, INDUSTRIAL RECYCLERS LOGISTICS, INDUSTRIAL RECYCLERS FINANCE, IMMO INVEST

since 2026 · until 2031

Shareholders

INDUSTRIAL RECYCLERS HOLDING

99.7%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Parc Industriel, Dochamps 5

6960 Manhay

2.146.888.231

Rue de l'Industrie 9

4530 Villers-le-Bouillet

Active since 12 May 2005

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

INDUSTRIAL RECYCLERS LOGISTICS same network

€ 840,292 gross margin · 2025

PLASTIC POOL EUROPE

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.

Details

Company number

0872.411.367

VAT number

BE 0872.411.367

Registered office

Parc Industriel, Dochamps 5, 6960 Manhay

Names & denominations

INDUSTRIAL RECYCLERS PROPERTY · I.R.P.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 March 2005

Peppol

Active · Active since 27 Nov 2025

Activities · NACE

Terugwinning van materialen uit afval

Recycling van niet-metaalafval

Terugwinning van inerte afvalstoffen

Opslag

Overige zakelijke dienstverlening, neg

Overige opslag

Overige zakelijke dienstverlening, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗