Integrated multi-trophic aquaculture (IMTA) systems are a promising solution for sustainable aquaculture combining nutrient recycling with increased biomass production. An innovative land-based recirculating aquaculture system (RAS) was studied in France for a 60-day experiment. It combined a European sea bass (Dicentrarchus labrax) RAS with two other production systems: high rate algal ponds (HRAP) with natural marine polyspecific algal assemblages, and oysters in separate open tanks. The objective was the assessment of: 1) the efficiency and the stability of the microalgae bioremediation of the effluent from a fish RAS in spring and summer, 2) the abundance and the diversity patterns of the microalgae biomass for consumption in the oyster compartment of the IMTA. Silicate was added every week after the beginning of the experiment for maintaining a Si:N:P molar ratio of 10:5:1 in the HRAP to encourage the growth of diatoms. The HRAP have an overall removal efficiency of 98.6 ± 0.2% for NO3-N, 98.0 ± 0.4% for NO2-N, 97.3 ± 0.7% for NH4-N and 96.1 ± 0.6% for PO4-P, with removal rates of 335.8 ± 0.8, 23.6 ± 0.2, 30.9 ± 0.2, and 22.3 ± 0.2 mg m−2 d−1, respectively. The concentration of total suspended solid (TSS) and chlorophyll a (chl a) increased during the experiment and reached maximum values on day 46 (135.3 ± 34.7 mg TSS L−1 and 0.42 ± 0.03 mg chl a L−1) after which the microalgae collapsed due to a CO2 limitation (pH ca. 10). Sequencing analysis revealed that the microalgae community was dominated by Tetraselmis sp. from day 1 to day 16 (45.7% to 73.8% relative abundance). From day 30 to day 43 the culture was dominated by diatoms, Phaeodactylum sp. (83.4% to 98.1% relative abundance). Although the stable carbon isotope signatures confirmed that the microalgae were consumed, oysters' growth was limited in the RAS-IMTA, suggesting that oysters were under stress or not fed enough.