ACTIVE

Intercommunale Vereniging voor Vuilverwijdering voor Vilvoorde en Omliggende

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result18,8 k €+105,9 %over 1 year

Revenue8,5 M €+0,0 %over 1 year

Equity4 M €+0,4 %over 1 year

Workforce86,5 ETP+2,1 %over 1 year

Identity

Source · BCE/KBO

Intercommunale Vereniging voor Vuilverwijdering voor Vilvoorde en Omliggende is a Project leader organization, Flemish Region incorporated in 1978. Its main activity is: Collection of non-hazardous waste. Its registered office is in Vilvoorde. It employs on average 86,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0218.993.039
Incorporation: 10/10/1978
Legal form: Project leader organization, Flemish Region
Registered office: Buyssestraat (Cyriel) 5
1800 Vilvoorde · FlandreSee on map
Contributed capital: 1 444 189,00 €
Latest accounts: 31/12/2025
Average workforce: 86,5 ETP

Activities (NACE)

38110Collection of non-hazardous waste· main 38110Collection of non-hazardous waste 38219Treatment and disposal of non-hazardous waste 38330Materials recovery 90021Support activities to performing arts 37200Sewerage+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	8,5 M €	+0.0%	8,5 M €	+6.6%	8 M €	+3.2%	7,7 M €	+3.1%	7,5 M €
EBITDA	972,3 k €	+123%	436,8 k €	-5.6%	462,7 k €	-48.3%	895,5 k €	+12.0%	799,2 k €
Operating result	424,8 €	+100%	-377,6 k €	-112%	-178,4 k €	-3362%	-5,2 k €	-112%	41,7 k €
Net result	18,8 k €	+106%	-319,9 k €	-146%	-130,1 k €	-12254%	1,1 k €	-96.8%	33,6 k €
Balance sheet
Equity	4 M €	+0.4%	3,9 M €	-8.5%	4,3 M €	-16.3%	5,2 M €	+19.7%	4,3 M €
Total assets	9,4 M €	+4.6%	9 M €	-3.8%	9,3 M €	-9.7%	10,3 M €	+4.1%	9,9 M €
Cash	314,3 k €	+43.1%	219,5 k €	-65.3%	632,7 k €	+27.6%	495,7 k €	+30.3%	380,5 k €
Debts	3,1 M €	+17.8%	2,6 M €	+26.7%	2,1 M €	-13.0%	2,4 M €	-3.8%	2,5 M €
Other
Workforce	86,5 ETP	+2.1%	84,7 ETP	-4.9%	89,1 ETP	-0.2%	89,3 ETP	+19.5%	74,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 39 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anneleen KEMPENEERS	Director13/03/2025 → 31/03/2031
JOERI VAN DEN BRANDE	Vice-chairman of the board of directors13/03/2025 → 31/03/2031Director22/03/2019 → 31/03/2025ended
JONATHAN DE VALCK	Director22/03/2019 → 31/03/2031
Ken DEGREEF	Chairman of the board of directors13/03/2025 → 31/03/2031
KRIS JACOBS	Director27/01/2023 → 31/03/2031
MAGDA GEEROMS	Director22/03/2019 → 31/03/2031
Mark VERBRUGGEN	Director13/03/2025 → 31/03/2031
Patrick BOGAERTS	Director19/06/2020 → 31/03/2031
Tine PAREDIS	Director13/03/2025 → 31/03/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christiaan SELLESLAGH	Director01/01/2023 → 01/12/2023
Chantal LAUWERS	Director01/01/2022 → 31/03/2025
Emiel DE BOECK	Director01/01/2021 → 31/12/2022

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/07/2026	04/07/2025	05/07/2024	05/07/2023	29/06/2022	24/06/2021
General meeting	26/06/2026	27/06/2025	21/06/2024	23/06/2023	24/06/2022	11/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	02/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	04/07/2025	Dutch	PDF
Full model	31/12/2023	21/06/2024	05/07/2024	Dutch	PDF
Full model	31/12/2022	23/06/2023	05/07/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	29/06/2022	Dutch	PDF
Full model	31/12/2020	11/06/2021	24/06/2021	Dutch	PDF
Full model	31/12/2019	19/06/2020	26/06/2020	Dutch	PDF
Full model	31/12/2018	21/06/2019	18/07/2019	Dutch	PDF
Full modelCorrection	31/12/2017	22/06/2018	24/07/2018	Dutch	PDF
Full model	31/12/2017	22/06/2018	26/06/2018	Dutch	PDF
Full model	31/12/2016	21/06/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	15/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	17/06/2015	24/06/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	23/06/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	26/06/2013	Dutch	PDF
Full model	31/12/2011	22/06/2012	03/07/2012	Dutch	PDF
Full model	31/12/2010	17/06/2011	20/06/2011	Dutch	PDF
Full model	31/12/2009	25/06/2010	29/06/2010	Dutch	PDF
Full model	31/12/2008	26/06/2009	30/06/2009	Dutch	PDF
Full model	31/12/2007	24/06/2008	09/07/2008	Dutch	PDF
Full model	31/12/2006	26/06/2007	04/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

9 active · 39 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anneleen KEMPENEERS	Director13/03/2025 → 31/03/2031
JOERI VAN DEN BRANDE	Vice-chairman of the board of directors13/03/2025 → 31/03/2031Director22/03/2019 → 31/03/2025ended
JONATHAN DE VALCK	Director22/03/2019 → 31/03/2031
Ken DEGREEF	Chairman of the board of directors13/03/2025 → 31/03/2031
KRIS JACOBS	Director27/01/2023 → 31/03/2031
MAGDA GEEROMS	Director22/03/2019 → 31/03/2031
Mark VERBRUGGEN	Director13/03/2025 → 31/03/2031
Patrick BOGAERTS	Director19/06/2020 → 31/03/2031
Tine PAREDIS	Director13/03/2025 → 31/03/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christiaan SELLESLAGH	Director01/01/2023 → 01/12/2023
Chantal LAUWERS	Director01/01/2022 → 31/03/2025
Emiel DE BOECK	Director01/01/2021 → 31/12/2022

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other09/07/2021
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other04/01/2019
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

Ken DEGREEF

JOERI VAN DEN BRANDE

Mark VERBRUGGEN

Patrick BOGAERTS

JONATHAN DE VALCK

Anneleen KEMPENEERS

MAGDA GEEROMS

KRIS JACOBS

Tine PAREDIS

Christiaan SELLESLAGH

Chantal LAUWERS

Koen VANDERMEIREN

and 36 more mandates

197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

INCOVOIntercommunale Vereniging voor Vuilverwijdering voor Vilvoorde en Omliggende

Buyssestraat (Cyriel) 5, 1800 Vilvoorde

Chairman of the board of directors

Vice-chairman of the board of directorsDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Buyssestraat (Cyriel) 5, 1800 VilvoordeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00239674

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Intercommunale Vereniging voor Vuilverwijdering voor Vilvoorde en OmliggendeCurrent		CBE
INCOVO	accounts 2021 → 2025	Accounts 2025 · 2026-00239674
Intercommunale Vereniging voor Vuilverwijdering voor Vilvoorde en Omliggende	accounts 2006 → 2020	Accounts 2020 · 2021-23300502

Events

2025
Annual accounts 202518,8 k €↑
2024
Annual accounts 2024-319,9 k €↓
2023
Annual accounts 2023-130,1 k €↓
2022
Annual accounts 20221,1 k €↓
2021
Annual accounts 202133,6 k €↑
2021
Name changeINCOVO
2020
Annual accounts 202027,6 k €↑
2019
Annual accounts 201926,6 k €↑
2018
Annual accounts 201818,5 k €↑
2017
Annual accounts 201716,9 k €↓
2016
Annual accounts 201625,9 k €↓
2015
Annual accounts 201528,8 k €↓
2014
Annual accounts 201459,1 k €↑
2013
Annual accounts 201350,6 k €↓
2012
Annual accounts 2012108,6 k €↓
2011
Annual accounts 20111,4 M €↑
2010
Annual accounts 2010537,8 k €↓
2009
Annual accounts 20091,1 M €↑
2008
Annual accounts 2008921,2 k €↑
2007
Annual accounts 2007-356,7 k €↑
2006
Annual accounts 2006-559,4 k €
10/10/1978
IncorporationProject leader organization, Flemish Region

Intercommunale Vereniging voor Vuilverwijdering voor Vilvoorde en Omliggende

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events