There is disclosed a conveyor-belt reeling device comprised of an open box frame having vertical rollers laterally adjustable at one end, and an axle or mandrel comprised of collapsible members, each end of which is positioned within suitable recesses provided in circular discs wherein one end of the axle extends through the frame for connection to a drive mounted externally to the frame and wherein the other end of the axle is positioned within a pivotally mounted opposite frame member and wherein a cradle including rollers is provided which extends across the width of the frame capable of raised or lowered by means of an integral lifting apparatus.