Private limited company · founded 2003 · 22 yrs activeQuai du Halage(Flh) 10, 4400 Flémalle, BelgiumKBO/BCE: BE 0861.538.360
Summary
RETRIMEUSE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €38,982. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 74% of 232 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability42▲+22
Solvency84▲+4
Growth41▲+3
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.4%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity ample (current ratio 2.43 against 2.22 in 2024; short-term debt: 41.2% and cash: 73.9% of total assets), and 41.2% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
○
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 6 November 2003, RETRIMEUSE was incorporated.1In 2019 the registered office moved to Flémalle.2Of the 4 current board members, ArcelorMittal Holding and Services Belgium has served longest, since 2020.3Revenue went from EUR 6 million in 2018 to EUR 4.4 million in 2025 and headcount from 71.2 to 39.3 full-time equivalents.4
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
Net result€9,592within the sector's middle half€152,475within the sector's middle half▲ 1,490%€24,797within the sector's middle half▼ 83.7%€38,982within the sector's middle half▲ 57.2%
EBIT margin0.9%4.6%▲ 3.8pp-0.1%▼ 4.7pp0.8%▲ 0.9pp
Equity€970,696within the sector's middle half€1.1mwithin the sector's middle half▲ 15.7%€1.1mwithin the sector's middle half▲ 2.2%€1.2mwithin the sector's middle half▲ 3.4%
Total assets€2.3mwithin the sector's middle half▲ 20.4%€1.8mwithin the sector's middle half▼ 21.8%€1.9mwithin the sector's middle half▲ 7.9%€2.1mwithin the sector's middle half▲ 8.7%€2.0mbelow the sector's middle half▼ 3.5%
Working capital€970,272within the sector's middle half€1.1mwithin the sector's middle half▲ 15.8%€1.1mwithin the sector's middle half▲ 2.2%€1.2mwithin the sector's middle half▲ 3.4%
Solvency54.4%within the sector's middle half58.4%within the sector's middle half▲ 3.9pp54.9%within the sector's middle half▼ 3.5pp58.8%within the sector's middle half▲ 3.9pp
Current ratio2.19within the sector's middle half2.40within the sector's middle half▲ 0.212.22within the sector's middle half▼ 0.192.43within the sector's middle half▲ 0.21
Return on assets (ROA)0.5%within the sector's middle half7.9%within the sector's middle half▲ 7.4pp1.2%within the sector's middle half▼ 6.7pp1.9%within the sector's middle half▲ 0.7pp
Staff (FTE)46above the sector's middle half45.9within the sector's middle half▼ 0.2%43.1within the sector's middle half▼ 6.1%39.3within the sector's middle half▼ 8.8%
abovewithinbelowthe middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €35,442 after a loss of €2,655 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €2.0m
58.8%
41.2%
Equity€1.2m ▲ 3.4%
Debt€831,825 ▼ 11.9%
Debt's share of the balance-sheet total falls from 45.1% to 41.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.70▼
2024 · 0.82
ROE
3.3%▲
2024 · 2.2%
Debt ≤ 1 year
€831,825▼
2024 · €944,411
Income taxes
€33,708▲
2024 · €30,431
Staff costs
€2.9m▲
2024 · €2.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
Small
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet
0.2%went bankrupt
3.5%stopped otherwise
96%still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to highest expected share.
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
1.0%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
3.0%
3.1%
10
5.6%
6.2%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 57 lines
Balance sheetCode20242025
Assets
Total assets20/58€2.1m€2.0m▼
Formation expenses20€0€0=
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Plant, machinery and equipment23€0€0=
Current assets29/58€2.1m€2.0m▼
Amounts receivable within one year40/41€339,271€515,327▲
Trade receivables40€339,271€487,057▲
Other amounts receivable41€0€28,270▲
Cash at bank and in hand54/58€1.7m€1.5m▼
Deferred charges and accrued income490/1€15,480€11,713▼
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.0m▼
Equity10/15€1.1m€1.2m▲
Contributions10/11€25,000€25,000=
Capital10€25,000-
Issued capital100€25,000-
Reserves13€1.0m€1.0m=
Non-distributable reserves130/1€2,500€0▼
Legal reserve130€2,500-
Reserves not available under the articles1311-€0
Tax-exempt reserves132€919,398€104,369▼
Distributable reserves133€127,589€945,118▲
Profit (loss) carried forward14€73,481€112,463▲
Amounts payable17/49€944,411€831,825▼
Amounts payable within one year42/48€944,411€831,825▼
Trade debts44€180,998€258,904▲
Suppliers440/4€180,998€258,904▲
Taxes, remuneration and social security45€762,213€571,721▼
Taxes450/3€236,088€68,746▼
Remuneration and social security454/9€526,125€502,975▼
Other amounts payable47/48€1,200€1,200=
Income statementCode20242025
Operating income70/76A€4.1m€4.6m▲
Turnover70€3.9m€4.4m▲
Other operating income74€238,546€241,671▲
Operating charges60/66A€4.1m€4.6m▲
Goods for resale, raw materials and consumables60€3,093€5,856▲
Purchases600/8€3,093€5,856▲
Services and other goods61€1.3m€1.7m▲
Remuneration, social security and pensions62€2.8m€2.9m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33-
Other operating charges640/8€1,468€445▼
Operating profit (loss)9901-€2,655€35,442▲
Financial income75/76B€59,032€38,111▼
Recurring financial income75€59,032€38,111▼
Income from current assets751€59,032€29,431▼
Other financial income752/9-€8,680
Financial charges65/66B€1,150€864▼
Recurring financial charges65€1,150€864▼
Other financial charges652/9€1,150€864▼
Profit (loss) for the period before taxes9903€55,227€72,690▲
Income taxes67/77€30,431€33,708▲
Taxes670/3€30,431€33,708▲
Profit (loss) for the period9904€24,797€38,982▲
Profit (loss) for the period to be appropriated9905€24,797€38,982▲
Appropriation of the result
Profit (loss) to be appropriated9906€73,481€112,463▲
Profit (loss) brought forward from the previous period14P€48,684€73,481▲
Social balance
Average headcount (FTE)908743.139.3▼
The notes to these accounts (34 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
-
€3.5m
€4.1m
€4.1m
€4.6m
▲ 13.1%
Turnover70
-
€3.3m
€3.8m
€3.9m
€4.4m
▲ 13.8%
Other operating income74
-
€204,841
€307,941
€238,546
€241,671
▲ 1.3%
Operating charges60/66A
-
€3.5m
€3.9m
€4.1m
€4.6m
▲ 12.2%
Goods for resale, raw materials and consumables60
-
€3,232
€11,042
€3,093
€5,856
▲ 89.3%
Purchases600/8
-
€3,232
€11,042
€3,093
€5,856
▲ 89.3%
Services and other goods61
-
€1.1m
€1.1m
€1.3m
€1.7m
▲ 30.1%
Remuneration, social security and pensions62
-
€2.3m
€2.8m
€2.8m
€2.9m
▲ 3.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
-
€713
€392
€33
-
-
Other operating charges640/8
-
€59,366
€10,156
€1,468
€445
▼ 69.7%
Operating profit (loss)9901
-
€29,281
€174,165
-€2,655
€35,442
▲ 1,435%
Financial income75/76B
-
€10,070
€60,591
€59,032
€38,111
▼ 35.4%
Recurring financial income75
-
€10,070
€60,591
€59,032
€38,111
▼ 35.4%
Income from current assets751
-
€9,200
€60,547
€59,032
€29,431
▼ 50.1%
Other financial income752/9
-
€870
€44
-
€8,680
-
Financial charges65/66B
-
€1,957
€2,083
€1,150
€864
▼ 24.9%
Recurring financial charges65
-
€1,957
€2,083
€1,150
€864
▼ 24.9%
Other financial charges652/9
-
€1,957
€2,083
€1,150
€864
▼ 24.9%
Profit (loss) for the period before taxes9903
-
€37,395
€232,674
€55,227
€72,690
▲ 31.6%
Income taxes67/77
-
€27,803
€80,199
€30,431
€33,708
▲ 10.8%
Taxes670/3
-
€27,803
€80,199
€30,431
€33,708
▲ 10.8%
Profit (loss) for the period9904
-
€9,592
€152,475
€24,797
€38,982
▲ 57.2%
Profit (loss) for the period to be appropriated9905
-
€9,592
€152,475
€24,797
€38,982
▲ 57.2%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€2.3m
€1.8m
€1.9m
€2.1m
€2.0m
▼ 3.5%
Formation expenses20
-
€0
-
€0
€0
-
Fixed assets21/28
-
€424
€33
€0
€0
-
Tangible fixed assets22/27
-
€424
€33
€0
€0
-
Plant, machinery and equipment23
-
€424
€33
€0
€0
-
Current assets29/58
-
€1.8m
€1.9m
€2.1m
€2.0m
▼ 3.5%
Amounts receivable within one year40/41
-
€280,205
€341,054
€339,271
€515,327
▲ 51.9%
Trade receivables40
-
€280,205
€341,054
€339,271
€487,057
▲ 43.6%
Other amounts receivable41
-
-
-
€0
€28,270
-
Cash at bank and in hand54/58
-
€1.5m
€1.6m
€1.7m
€1.5m
▼ 14.2%
Deferred charges and accrued income490/1
-
-
€10,138
€15,480
€11,713
▼ 24.3%
Equity and liabilities
Total equity and liabilities10/49
€2.3m
€1.8m
€1.9m
€2.1m
€2.0m
▼ 3.5%
Equity10/15
-
€970,696
€1.1m
€1.1m
€1.2m
▲ 3.4%
Contributions10/11
-
€25,000
€25,000
€25,000
€25,000
=
Capital10
-
€25,000
€25,000
€25,000
-
-
Issued capital100
-
€25,000
€25,000
€25,000
-
-
Reserves13
-
€1.0m
€1.0m
€1.0m
€1.0m
=
Non-distributable reserves130/1
-
€2,500
€2,500
€2,500
€0
▼ 100%
Legal reserve130
-
€2,500
€2,500
€2,500
-
-
Reserves not available under the articles1311
-
-
-
-
€0
-
Tax-exempt reserves132
-
€919,398
€919,398
€919,398
€104,369
▼ 88.6%
Distributable reserves133
-
€127,589
€127,589
€127,589
€945,118
▲ 641%
Profit (loss) carried forward14
-
-€103,791
€48,684
€73,481
€112,463
▲ 53.1%
Amounts payable17/49
-
€812,263
€801,010
€944,411
€831,825
▼ 11.9%
Amounts payable within one year42/48
-
€812,263
€801,010
€944,411
€831,825
▼ 11.9%
Trade debts44
-
€375,424
€218,939
€180,998
€258,904
▲ 43.0%
Suppliers440/4
-
€375,424
€218,939
€180,998
€258,904
▲ 43.0%
Taxes, remuneration and social security45
-
€435,639
€580,871
€762,213
€571,721
▼ 25.0%
Taxes450/3
-
€48,575
€105,386
€236,088
€68,746
▼ 70.9%
Remuneration and social security454/9
-
€387,064
€475,484
€526,125
€502,975
▼ 4.4%
Other amounts payable47/48
-
€1,200
€1,200
€1,200
€1,200
=
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
-
€9,592
€152,475
€24,797
€38,982
▲ 57.2%
+ Depreciation and write-downs630
-
€713
€392
€33
-
-
Operating cash flow (approximation)
-
€10,305
€152,867
€24,829
€38,982
▲ 57.0%
Investment in fixed assets (approximation)
-
-
€0
€0
€0
-
Change in cash
-
-
€70,626
€164,673
-€245,894
▼ 249%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Mandate term, Le mandat prendra fin à l'Assemblée Générale des actionnaires de 2017 approuvant les comptes annuels de l'exercice social qui sera clôturé le 31 décembre 2016.
2014
09-12
State Gazette actResignations: François Mossay, Livio Carretta and 5 others
Appointment: Philippe Bertrand (director) · Mandate compensation10 facts ▸
General meeting, 25-11-2014
Director resignation, François Mossay (director)
Director resignation, Livio Carretta (director)
Director resignation, Mario Franchi (director)
Director resignation, Jacques Legrand (director)
Director resignation, Marc Mossay (director)
Director resignation, Adelin Tullii (director)
Director resignation, Léon Van Rymenam (director)
Director appointment, Philippe Bertrand (director)
Mandate compensation, Philippe Bertrand
2013
18-10
State Gazette actReappointments: André Leclercq, François Mossay and 6 others
Appointments: Jean-Christophe Botteman (director) and Mario Franchi (director) · Resignations: Jacques Pélerin (director) and Michel Hody (director) · Mandate compensation23 facts ▸
General meeting, 28-05-2013
Director reappointment, André Leclercq (director)
Director reappointment, François Mossay (director)
Director reappointment, Livi Carretta (director)
Director reappointment, Jacques Legrand (director)
Director reappointment, Marc Mossay (director)
Director reappointment, Robin Paulmier (director)
Director reappointment, Adelin Tullii (director)
Director reappointment, Léon Van Rymenam (director)
Director appointment, Jean-Christophe Botteman (director)
Director appointment, Mario Franchi (director)
Director resignation, Jacques Pélerin (director)
+11 further facts in this act
2010
10-09
State Gazette actResignation: Vincent Trevisan (director)
Appointments: Robin Paulmier (director) and Adelin Tullji (director) · Reappointments: André Leclercq, François Mossay and 7 others · Mandate compensation15 facts ▸
Board meeting, 14-10-2009
General meeting, 28-06-2010
Director resignation, Vincent Trevisan (director)
Director appointment, Robin Paulmier (director)
Director appointment, Adelin Tullji (director)
Director reappointment, André Leclercq (director)
Director reappointment, François Mossay (director)
Director reappointment, Livio Carretta (director)
Director reappointment, Michel Hody (director)
Director reappointment, Jacques Legrand (director)
Director reappointment, Marc Mossay (director)
Director reappointment, Jacques Pèlerin (director)
+3 further facts in this act
2007
04-07
State Gazette actReappointments: André Leclercq, François Mossay and 9 others
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
25 of 25 acts read
Directors · office · real estate
Directors and office
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
4 directors, 1 in day-to-day management, no change since 2025
Board 4
AH
ArcelorMittal Holding and Services Belgium
Director · since 10-08-2020 · Legal entity · perm. rep.: Eric Gailly
Représentant d'arcelormittal holding and services belgium, administrateur · since 12-07-2021
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
Registered office, Flémalle · 1 establishment unit since 2005
The establishment unit on the mapLoading the map
seatestablishmentThe establishment unit on the map
Ground area
13.9 ha
Building footprint
340 m²
Volume, LiDAR
3,838 m³
2 parcels, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RETRIMEUSE SCRL
Rue Gustave Baivy 50, 4101 SeraingRaising of dairy cattle
since 20052.147.994.328
2 parcels
Wallonia2(100%)
Parcel (capakey)
Region
Area
Buildings
Height / fl.
62058A0370/00H002
Wallonia
13.8 ha
1 · 320 m²
14.2 m · 4 fl.
62502A0121/00Z003indicative
Wallonia
1,042 m²
1 · 21 m²
3.7 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Le service dans l'environnement et l'assainissement de sites industriels et principalement le tri des déchets industriels, le démantèlement d'anciennes installations industrielles…
Full purpose
Le service dans l'environnement et l'assainissement de sites industriels et principalement le tri des déchets industriels, le démantèlement d'anciennes installations industrielles et les prestations de services pour les sociétés du secteur de l'environnement, en ce compris la démolition, la rénovation, l'embellissement, la dépollution de sites industriels, la gestion, le recyclage et le tri de déchets, les travaux de nettoyage, de voirie, de plantation, d'aménagement et de gestion d'espaces verts et toutes autres activités ayant trait de près ou de loin de l'amélioration de l'environnement.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of RETRIMEUSE and those of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
23 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 977 companies in sector 38210 we hold annual accounts for 587. 414 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPrivate limited company
Founded06-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
38330Waste collection, recovery and disposal activities
23110Manufacture of other non-metallic mineral products
71111Activities of building architects
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID0208:0861538360
Also9925:BE0861538360
Registered16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.