ACTIVE

White Field Development

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Financial year 2025 · closed on 30/09/2025
Net result
169,6 k €
-41.6% YoY
Gross margin
161,9 k €
-50.1% YoY
Equity
1,3 M €
+7.9% YoY

What does White Field Development do?

White Field Development is a Private limited company incorporated in 1986. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Gistel.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0428.561.935
Incorporation
24/02/1986
Legal form
Private limited company
Registered office
Torhoutse Baan 5 box 2
8470 Gistel · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
30/09/2025
Activities (NACE)
38210Treatment and disposal of non-hazardous waste· main38321Recovery of sorted materials38329Recovery of sorted materials39000Remediation activities and other waste management services39000Remediation activities and other waste management services
Joint committees (1)
  • 126
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022201820132012201120102008
Income statement
Gross margin161,9 k €324,7 k €744,9 k €1,2 M €42,1 k €366,1 k €347,8 k €568,1 k €489,4 k €244,1 k €
EBITDA160 k €322,9 k €743 k €1,2 M €40,1 k €420 k €510,1 k €-264,7 k €269,6 k €15,7 k €
Operating result160 k €322,9 k €743 k €1,2 M €40,1 k €355,4 k €445,6 k €-286,3 k €269,5 k €7,8 k €
Net result169,6 k €290,4 k €664,8 k €1,1 M €58,5 k €354,4 k €484,2 k €-279,1 k €266,8 k €5,5 k €
Balance sheet
Equity1,3 M €1,2 M €1 M €794 k €319,9 k €193,6 k €89,2 k €-145 k €134,2 k €92,4 k €
Total assets1,4 M €1,3 M €1,5 M €1,4 M €999,4 k €1,9 M €2,3 M €2,1 M €405,5 k €274,9 k €
Cash324,7 k €246,8 k €1,2 M €1,3 M €90,9 k €14 k €5,6 k €22,6 k €12 k €5,8 k €
Debts78,8 k €133,5 k €476 k €602,7 k €53,6 k €333,5 k €423 k €2 k €261,2 k €182,5 k €
Other
Workforce––––––––3,4 ETP5,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 30 ended

Active mandates

ELYMUS

Director · since 06 février 2026 · 1034.079.188

Represented by Geert Bogaert

Active
Despiegelaere Projects

Director · since 14 décembre 2023 · 0865.360.853

Represented by Siska DEDEYNE

Active
GRACO

Director · since 14 décembre 2023 · 0454.451.928

Represented by Roger GRAUWET

Active
STIJN VAN OPSTAL

Director · since 14 décembre 2023 · 0825.296.982

Represented by Stijn VAN OPSTAL

Active
VERHELST GROUP

Director · since 14 décembre 2023 · 0466.316.018

Represented by Johan VERHELST

Active

Ended mandates

Geert Bogaert

Director · since 14 décembre 2023

Ended
Geert Bogaert

Associate · since 14 décembre 2023

Ended
Despiegelaere Projects

Manager · since 23 juin 2015 · 0865.360.853

Represented by Siska Dedeyne

Ended
Despiegelaere Projects

Manager · since 23 juin 2015 · until 23 juin 2015 · 0865.360.853

Represented by Siska Dedeyne

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/04/202622/04/202528/03/202407/03/202307/03/202219/02/2021
General meeting31/03/202631/03/202518/03/202421/02/202302/03/202217/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202531/03/202613/04/2026DutchPDF
Abridged model30/09/202431/03/202522/04/2025DutchPDF
Micro model30/09/202318/03/202428/03/2024DutchPDF
Micro model30/09/202221/02/202307/03/2023FrenchPDF
Micro model30/09/202102/03/202207/03/2022FrenchPDF
Micro model30/09/202017/02/202119/02/2021FrenchPDF
Micro model30/09/201917/03/202019/03/2020FrenchPDF
Micro model30/09/201803/04/201911/04/2019FrenchPDF
Micro model30/09/201715/02/201807/03/2018FrenchPDF
Abridged model30/09/201616/02/201703/03/2017FrenchPDF
Abridged model30/09/201508/03/201624/03/2016FrenchPDF
Abridged model30/09/201430/03/201522/04/2015FrenchPDF
Abridged model30/09/201321/02/201422/05/2014FrenchPDF
Abridged model30/09/201227/02/201327/05/2013FrenchPDF
Abridged model30/09/201117/02/201224/05/2012FrenchPDF
Abridged model30/09/201018/02/201119/05/2011FrenchPDF
Abridged model31/12/200820/06/200911/08/2009FrenchPDF
Abridged model31/12/200731/05/200824/06/2008FrenchPDF
Abridged model31/12/200604/06/200702/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 30 ended

Active mandates

ELYMUS

Director · since 06 février 2026 · 1034.079.188

Represented by Geert Bogaert

Active
Despiegelaere Projects

Director · since 14 décembre 2023 · 0865.360.853

Represented by Siska DEDEYNE

Active
GRACO

Director · since 14 décembre 2023 · 0454.451.928

Represented by Roger GRAUWET

Active
STIJN VAN OPSTAL

Director · since 14 décembre 2023 · 0825.296.982

Represented by Stijn VAN OPSTAL

Active
VERHELST GROUP

Director · since 14 décembre 2023 · 0466.316.018

Represented by Johan VERHELST

Active

Ended mandates

Geert Bogaert

Director · since 14 décembre 2023

Ended
Geert Bogaert

Associate · since 14 décembre 2023

Ended
Despiegelaere Projects

Manager · since 23 juin 2015 · 0865.360.853

Represented by Siska Dedeyne

Ended
Despiegelaere Projects

Manager · since 23 juin 2015 · until 23 juin 2015 · 0865.360.853

Represented by Siska Dedeyne

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/02/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office03/05/2018
    SIEGE SOCIAL
    PDF
  • Mandates20/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/02/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares19/04/2012
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates24/09/2010
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025169,6 k €↓
  2. 2024
    Annual accounts 2024290,4 k €↓
  3. 2023
    Annual accounts 2023664,8 k €↓
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2018
    Annual accounts 201858,5 k €↓
  6. 2013
    Annual accounts 2013354,4 k €↓
  7. 2012
    Annual accounts 2012484,2 k €↑
  8. 2011
    Annual accounts 2011-279,1 k €↓
  9. 2010
    Annual accounts 2010266,8 k €↑
  10. 2008
    Annual accounts 20085,5 k €
  11. 24/02/1986
    IncorporationPrivate limited company