ACTIVE

Intergemeentelijke Vereniging voor Afvalbeheer in Gent en Omstreken

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Financial year 2025 · Closed on 31/12/2025

Net result2,2 M €+285,7 %over 1 year

Revenue81,1 M €-2,7 %over 1 year

Equity51,2 M €+40,8 %over 1 year

Workforce399,0 ETP+0,3 %over 1 year

Identity

Source · BCE/KBO

Intergemeentelijke Vereniging voor Afvalbeheer in Gent en Omstreken is a Project leader organization, Flemish Region incorporated in 1994. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Gent. It employs on average 399,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0252.828.916
Incorporation: 06/06/1994
Legal form: Project leader organization, Flemish Region
Registered office: Proeftuinstraat 43
9000 Gent · FlandreSee on map
Contributed capital: 10 946 303,00 €
Latest accounts: 31/12/2025
Average workforce: 399,0 ETP

Activities (NACE)

38210Treatment and disposal of non-hazardous waste· main 38213Treatment and disposal of non-hazardous waste 38219Treatment and disposal of non-hazardous waste 38330Materials recovery

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 24 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	81,1 M €	-2.7%	83,4 M €	+10.5%	75,5 M €	-4.5%	79 M €	+16.0%	68,1 M €
EBITDA	7,4 M €	-10.3%	8,3 M €	+8.7%	7,6 M €	-37.7%	12,2 M €	+82.2%	6,7 M €
Operating result	86,6 k €	+110%	-829,8 k €	-95.9%	-423,6 k €	-613%	-59,4 k €	+89.1%	-545,7 k €
Net result	2,2 M €	+286%	574,7 k €	+219%	180,4 k €	+73.8%	103,8 k €	+125%	-419,6 k €
Balance sheet
Equity	51,2 M €	+40.8%	36,4 M €	+25.4%	29 M €	+61.1%	18 M €	+18.5%	15,2 M €
Total assets	78,4 M €	+14.8%	68,3 M €	+1.9%	67 M €	+6.8%	62,8 M €	+3.6%	60,6 M €
Cash	27 M €	+54.8%	17,4 M €	+28.0%	13,6 M €	+31.9%	10,3 M €	+83.1%	5,6 M €
Debts	20,4 M €	-16.8%	24,5 M €	-15.1%	28,9 M €	-23.1%	37,5 M €	-13.7%	43,5 M €
Other
Workforce	399,0 ETP	+0.3%	398,0 ETP	+5.9%	376,0 ETP	-10.0%	418,0 ETP	+11.5%	375,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

13 active · 58 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Els Lecompte	Directorsince 17/12/2025
Dieter Wildemauwe	Directorsince 25/06/2025
Piet Penneman	Directorsince 25/06/2025
Bert Misplon	Directorsince 20/03/2019
Bruno Matthys	Directorsince 27/03/2013
Els De Keyser	Directorsince 26/03/2025
Koen VAN HENDE	Directorsince 23/03/2022
Michaël Vercuyssen	Vice-chairman of the board of directorssince 26/03/2025
Nicolas Vanden Eynden	Directorsince 26/03/2025
Sofie Bracke	Chairman of the board of directorssince 26/03/2025Directorsince 28/03/2007ended
Sven Taeldeman	Directorsince 26/03/2025
Tine De Moor	Directorsince 20/03/2019
Veerle BAERT	Directorsince 26/03/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alain Konings	Vice-chairman of the board of directors26/03/2025 → 25/06/2025
Martine DE MOOR	Directorsince 26/03/2025
Matthys BRUNO	Directorsince 26/03/2025
Michael VERCRUYSSEN	Vice-chairman of the board of directorssince 26/03/2025

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	30/06/2026	22/07/2025	10/07/2024	02/08/2023	01/09/2023	15/03/2022
General meeting	24/06/2026	25/06/2025	26/06/2024	28/06/2023	29/06/2022	24/06/2021
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

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Annual accounts filings

Source · NBB, 24 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	24/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	25/06/2025	22/07/2025	Dutch	PDF
Full model	31/12/2023	26/06/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	28/06/2023	02/08/2023	Dutch	PDF
Full modelCorrection	31/12/2021	29/06/2022	01/09/2023	Dutch	PDF
Full modelCorrection	31/12/2021	29/06/2022	27/03/2023	Dutch	PDF
Full model	31/12/2021	29/06/2022	04/07/2022	Dutch	PDF
Full modelCorrection	31/12/2020	24/06/2021	15/03/2022	Dutch	PDF
Full model	31/12/2020	24/06/2021	30/06/2021	Dutch	PDF
Full model	31/12/2019	24/06/2020	29/06/2020	Dutch	PDF
Full model	31/12/2018	26/06/2019	02/07/2019	Dutch	PDF
Full model	31/12/2017	27/06/2018	29/06/2018	Dutch	PDF
Full model	31/12/2016	28/06/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	29/06/2016	30/06/2016	Dutch	PDF
Full model	31/12/2014	24/06/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	18/06/2014	23/06/2014	Dutch	PDF
Full model	31/12/2012	19/06/2013	21/06/2013	Dutch	PDF
Full model	31/12/2011	20/06/2012	21/06/2012	Dutch	PDF
Full model	31/12/2010	22/06/2011	23/06/2011	Dutch	PDF
Full model	31/12/2009	23/06/2010	24/06/2010	Dutch	PDF
Full modelCorrection	31/12/2008	24/06/2009	19/03/2010	Dutch	PDF
Full model	31/12/2008	24/06/2009	03/07/2009	Dutch	PDF
Full model	31/12/2007	25/06/2008	09/07/2008	Dutch	PDF
Full model	31/12/2006	27/06/2007	04/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

13 active · 58 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Els Lecompte	Directorsince 17/12/2025
Dieter Wildemauwe	Directorsince 25/06/2025
Piet Penneman	Directorsince 25/06/2025
Bert Misplon	Directorsince 20/03/2019
Bruno Matthys	Directorsince 27/03/2013
Els De Keyser	Directorsince 26/03/2025
Koen VAN HENDE	Directorsince 23/03/2022
Michaël Vercuyssen	Vice-chairman of the board of directorssince 26/03/2025
Nicolas Vanden Eynden	Directorsince 26/03/2025
Sofie Bracke	Chairman of the board of directorssince 26/03/2025Directorsince 28/03/2007ended
Sven Taeldeman	Directorsince 26/03/2025
Tine De Moor	Directorsince 20/03/2019
Veerle BAERT	Directorsince 26/03/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alain Konings	Vice-chairman of the board of directors26/03/2025 → 25/06/2025
Martine DE MOOR	Directorsince 26/03/2025
Matthys BRUNO	Directorsince 26/03/2025
Michael VERCRUYSSEN	Vice-chairman of the board of directorssince 26/03/2025

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/02/2026
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2025
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/04/2024
MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2022
ONTSLAGEN - BENOEMINGEN
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

Filings19 filings

Mandates

Els Lecompte

Dieter Wildemauwe

Piet Penneman

Veerle BAERT

Nicolas Vanden Eynden

Michaël Vercuyssen

Koen VAN HENDE

Sofie Bracke

Els De Keyser

Bruno Matthys

Bert Misplon

Sven Taeldeman

and 54 more mandates

199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Intergemeentelijke Vereniging voor Afvalbeheer in Gent en Omstreken

Proeftuinstraat 43, 9000 GentBotermarkt 1, 9000 Gent

Director

Vice-chairman of the board of directors

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Proeftuinstraat 43, 9000 GentCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00236431
Botermarkt 1, 9000 Gent	accounts 2021 → 2023	Accounts 2023 · 2024-00247165

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Intergemeentelijke Vereniging voor Afvalbeheer in Gent en OmstrekenCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00236431

Events

01/01/2026
augmentation_capitalOCMW van de stad Gent
2025
Annual accounts 20252,2 M €↑
24/09/2025
nominationChristel De Blander · commissaris-revisor
25/06/2025
cessionECOV N.V.
25/06/2025
reduction_capital
25/06/2025
augmentation_capitalStad Gent
26/03/2025
nominationSofie Bracke · bestuurder
26/03/2025
nominationBert Misplon · bestuurder
26/03/2025
nominationBruno Matthys · bestuurder
26/03/2025
nominationSven Taeldeman · bestuurder
26/03/2025
nominationVeerle Baert · bestuurder
26/03/2025
nominationNicolas Vanden Eynden · bestuurder
26/03/2025
nominationTine De Moor · bestuurder
26/03/2025
nominationEls De Keyser · bestuurder
26/03/2025
nominationMichaël Vercruyssen · bestuurder
26/03/2025
nominationKoen Van Hende · bestuurder
26/03/2025
nominationAlain Konings · bestuurder
26/03/2025
nominationMieke Hoorens · bestuurder
26/03/2025
nominationPeter De Vylder · bestuurder
26/03/2025
nominationEls Roegiers · bestuurder met raadgevende stem
26/03/2025
nominationFilip Van Laecke · bestuurder met raadgevende stem
26/03/2025
nominationAlain Torcq · bestuurder met raadgevende stem
2024
Annual accounts 2024574,7 k €↑
2023
Annual accounts 2023180,4 k €↑
2022
Annual accounts 2022103,8 k €↑
01/12/2022
nominationPeter De Vylder · bestuurder
29/06/2022
nominationMAZARS · commissaris-revisor
2021
Annual accounts 2021-419,6 k €↑
2020
Annual accounts 2020-899,6 k €↑
2019
Annual accounts 2019-1,4 M €↓
2018
Annual accounts 2018-35,5 k €↓
2017
Annual accounts 20171 M €↑
2016
Annual accounts 2016339,4 k €↑
2015
Annual accounts 2015-1,8 M €↓
2014
Annual accounts 20145,2 M €↑
2013
Annual accounts 20131,1 M €↓
2012
Annual accounts 20122,1 M €↓
2011
Annual accounts 20112,7 M €↑
2010
Annual accounts 20102,1 M €↓
2009
Annual accounts 20093,8 M €↓
2008
Annual accounts 20084,4 M €↑
2006
Annual accounts 20063,1 M €
06/06/1994
IncorporationProject leader organization, Flemish Region

Intergemeentelijke Vereniging voor Afvalbeheer in Gent en Omstreken

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