ACTIVE

LIMBURG.NET

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Financial year 2025 · Closed on 31/12/2025

Net result-6,4 M €-281,5 %over 1 year
Revenue42,9 M €+2,2 %over 1 year
Equity51,8 M €-10,4 %over 1 year
Workforce199,4 ETP+1,6 %over 1 year

Identity

Source · BCE/KBO

LIMBURG.NET is a Project leader organization, Flemish Region incorporated in 1974. Its main activity is: Collection of non-hazardous waste. Its registered office is in Hasselt. It employs on average 199,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0214.533.712
Incorporation
24/06/1974
Legal form
Project leader organization, Flemish Region
Registered office
Herkenrodesingel 14
3500 Hasselt · FlandreSee on map
Contributed capital
26 925 955,05 €
Latest accounts
31/12/2025
Average workforce
199,4 ETP
Signals
Solid equityHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue42,9 M €42 M €37,1 M €39,1 M €39,4 M €
EBITDA-4,2 M €258,8 k €2,2 M €2,1 M €4 M €
Operating result-7,8 M €-2,9 M €-1,4 M €-1,5 M €378,2 k €
Net result-6,4 M €-1,7 M €-156 k €-451,1 k €1,4 M €
Balance sheet
Equity51,8 M €57,9 M €59,9 M €60,5 M €61,3 M €
Total assets82,2 M €85,4 M €89,2 M €90,7 M €88 M €
Cash8,1 M €6,4 M €4,5 M €18 M €9,1 M €
Debts27,6 M €23,8 M €25,6 M €27,6 M €24,6 M €
Other
Workforce199,4 ETP196,2 ETP190,3 ETP194,4 ETP184,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

15 active · 127 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Brenda Gijsens
Director26/03/2025 → 30/06/2031
Corrie Bemelmans
Director26/03/2025 → 30/06/2031
Hugo Philtjens
Vice-chairman of the board of directors26/03/2025 → 30/06/2031
Jos Leroi
Director26/03/2025 → 30/06/2031
Karlien Boyen
Director26/03/2025 → 30/06/2031
Luc Wouters
Director27/03/2013 → 30/06/2031Chairman of the board of directors27/03/2019 → 2023 accountsended
Patricia Joris
Vice-chairman of the board of directors26/03/2025 → 30/06/2031
Raf Truyens
Director26/03/2025 → 30/06/2031Vice-chairman of the board of directors27/03/2013 → 30/06/2019ended
Rik Dehollogne
Director26/03/2025 → 30/06/2031
Thomas Vints
Chairman of the board of directors26/03/2025 → 30/06/2031
Koen Sleypen
Director22/06/2022 → 30/06/2031
Gunther Haeldermans
Director27/06/2019 → 30/06/2031
Bart Heleven
Director27/03/2019 → 30/06/2031
Heidi Pirlotte
Director27/03/2019 → 30/06/2031
Marco Goossens
Director27/03/2019 → 30/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jan Vangenechten
Director22/06/2022 → 2023 accounts
Anita Bullens
Director27/06/2019 → 2023 accounts

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Herkenrodesingel 14 3500 Hasselt
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LIMBURG WIND● Active
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LIMBURG WIN(D)T● Active
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NUBEMA● Active
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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/06/202626/06/202520/06/202422/06/202323/06/202224/06/2021
General meeting24/06/202625/06/202519/06/202421/06/202322/06/202223/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202524/06/202625/06/2026DutchPDF
Full model31/12/202425/06/202526/06/2025DutchPDF
Full model31/12/202319/06/202420/06/2024DutchPDF
Full model31/12/202221/06/202322/06/2023DutchPDF
Full model31/12/202122/06/202223/06/2022DutchPDF
Full model31/12/202023/06/202124/06/2021DutchPDF
Full modelCorrection31/12/201924/06/202012/08/2020DutchPDF
Full model31/12/201924/06/202030/06/2020DutchPDF
Full modelCorrection31/12/201827/06/201906/08/2019DutchPDF
Full model31/12/201827/06/201902/07/2019DutchPDF
Full model31/12/201721/06/201816/07/2018DutchPDF
Full model31/12/201622/06/201728/06/2017DutchPDF
Full model31/12/201522/06/201628/06/2016DutchPDF
Full model31/12/201424/06/201504/11/2015DutchPDF
Full model31/12/201325/06/201430/06/2014DutchPDF
Full model31/12/201226/06/201308/07/2013DutchPDF
Full model31/12/201127/06/201228/06/2012DutchPDF
Full model31/12/201022/06/201104/07/2011DutchPDF
Full model31/12/200923/06/201024/06/2010DutchPDF
Full model31/12/200817/06/200918/06/2009DutchPDF
Full model31/12/200725/06/200801/07/2008DutchPDF
Full model31/12/200625/09/200703/10/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

15 active · 127 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Brenda Gijsens
Director26/03/2025 → 30/06/2031
Corrie Bemelmans
Director26/03/2025 → 30/06/2031
Hugo Philtjens
Vice-chairman of the board of directors26/03/2025 → 30/06/2031
Jos Leroi
Director26/03/2025 → 30/06/2031
Karlien Boyen
Director26/03/2025 → 30/06/2031
Luc Wouters
Director27/03/2013 → 30/06/2031Chairman of the board of directors27/03/2019 → 2023 accountsended
Patricia Joris
Vice-chairman of the board of directors26/03/2025 → 30/06/2031
Raf Truyens
Director26/03/2025 → 30/06/2031Vice-chairman of the board of directors27/03/2013 → 30/06/2019ended
Rik Dehollogne
Director26/03/2025 → 30/06/2031
Thomas Vints
Chairman of the board of directors26/03/2025 → 30/06/2031
Koen Sleypen
Director22/06/2022 → 30/06/2031
Gunther Haeldermans
Director27/06/2019 → 30/06/2031
Bart Heleven
Director27/03/2019 → 30/06/2031
Heidi Pirlotte
Director27/03/2019 → 30/06/2031
Marco Goossens
Director27/03/2019 → 30/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jan Vangenechten
Director22/06/2022 → 2023 accounts
Anita Bullens
Director27/06/2019 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/02/2024
    MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other18/10/2023
    DIVERSEN
    PDF
  • Mandates14/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/08/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other21/12/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Rik Dehollogne
Jos Leroi
Thomas Vints
Corrie Bemelmans
Patricia Joris
Karlien Boyen
Luc Wouters
Hugo Philtjens
Brenda Gijsens
Raf Truyens
Koen Sleypen
Gunther Haeldermans
1974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
LIMBURG.NET - opdrachthoudende verenigingLIMBURG.NET
Herkenrodesingel 14, 3500 HasseltGouverneur Verwilghensingel 32, 3500 Hasselt
Director
Director
Chairman of the board of directors
Director
Vice-chairman of the board of directors
Director
DirectorChairman of the board of directors
Vice-chairman of the board of directors
Director
DirectorVice-chairman of the board of directors
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Herkenrodesingel 14, 3500 HasseltCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00235488
Gouverneur Verwilghensingel 32, 3500 Hasselt
accounts 2021 → 2022
Accounts 2022 · 2023-00159016

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
LIMBURG.NETCurrent
CBE
LIMBURG.NET - opdrachthoudende vereniging
accounts 2021 → 2025
Accounts 2025 · 2026-00235488
LIMBURG.NET
accounts 2007 → 2020
Accounts 2020 · 2021-25100174
AFVALMAATSCHAPPIJ LIMBURG OV
accounts 2006
Accounts 2006 · 2007-76500001

Events

  1. 2025
    Annual accounts 2025-6,4 M €↓
  2. 26/03/2025
    nominationBemelmans Corrie · afgevaardigde bestuurder
  3. 26/03/2025
    nominationBoyen Karlien · afgevaardigde bestuurder
  4. 26/03/2025
    nominationDehollogne Rik · afgevaardigde bestuurder
  5. 26/03/2025
    nominationGijsens Brenda · afgevaardigde bestuurder
  6. 26/03/2025
    nominationGoossens Marco · afgevaardigde bestuurder
  7. 26/03/2025
    nominationHaeldermans Gunter · afgevaardigde bestuurder
  8. 26/03/2025
    nominationHeleven Bart · afgevaardigde bestuurder
  9. 26/03/2025
    nominationJoris Patricia · afgevaardigde bestuurder
  10. 26/03/2025
    nominationLeroi Jos · afgevaardigde bestuurder
  11. 26/03/2025
    nominationPhiltjens Hugo · afgevaardigde bestuurder
  12. 26/03/2025
    nominationPirlotte Heidi · afgevaardigde bestuurder
  13. 26/03/2025
    nominationSleypen Koen · afgevaardigde bestuurder
  14. 26/03/2025
    nominationTruyens Raf · afgevaardigde bestuurder
  15. 26/03/2025
    nominationVints Thomas · afgevaardigde bestuurder
  16. 26/03/2025
    nominationWouters Luc · afgevaardigde bestuurder
  17. 26/03/2025
    nominationDurwael Toon · bestuurder met raadgevende stem
  18. 26/03/2025
    nominationEngelen Stefanie · bestuurder met raadgevende stem
  19. 26/03/2025
    nominationKempeneers Ingrid · bestuurder met raadgevende stem
  20. 2024
    Annual accounts 2024-1,7 M €↓
  21. 2023
    Annual accounts 2023-156 k €↑
  22. 2022
    Annual accounts 2022-451,1 k €↓
  23. 22/06/2022
    nominationKoen Sleypen · afgevaardigd bestuurder
  24. 22/06/2022
    nominationJan Vangenechten · bestuurder met raadgevende stem
  25. 2021
    Annual accounts 20211,4 M €↓
  26. 2021
    Name changeLIMBURG.NET - opdrachthoudende vereniging
  27. 2020
    Annual accounts 20202,3 M €↑
  28. 2019
    Annual accounts 2019-351,7 k €↓
  29. 2018
    Annual accounts 20182 M €↓
  30. 2017
    Annual accounts 20176,2 M €↓
  31. 2016
    Annual accounts 20169,6 M €↑
  32. 2015
    Annual accounts 20157,1 M €↑
  33. 2014
    Annual accounts 20146,6 M €↑
  34. 2013
    Annual accounts 20131,3 M €↓
  35. 2012
    Annual accounts 20125,4 M €↑
  36. 2011
    Annual accounts 20113,2 M €↓
  37. 2010
    Annual accounts 20104,6 M €↑
  38. 2009
    Annual accounts 20093,2 M €↑
  39. 2008
    Annual accounts 20082,8 M €↓
  40. 2007
    Annual accounts 20074,4 M €↓
  41. 2007
    Name changeLIMBURG.NET
  42. 2006
    Annual accounts 200617,5 M €
  43. 24/06/1974
    IncorporationProject leader organization, Flemish Region