ACTIVE

Sarpi EcoServices BE

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Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €+3,3 %over 1 year
Revenue64,1 M €+14,7 %over 1 year
Equity6,3 M €+7,7 %over 1 year
Workforce129,6 ETP+4,3 %over 1 year

Identity

Source · BCE/KBO

Sarpi EcoServices BE is a Public limited company incorporated in 1988. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Saint-Gilles. It employs on average 129,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.550.496
Incorporation
09/06/1988
Legal form
Public limited company
Registered office
Boulevard Poincaré 78-79
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
3 897 729,49 €
Latest accounts
31/12/2025
Average workforce
129,6 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 24 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue64,1 M €55,9 M €1,1 M €1,3 M €1,3 M €
EBITDA3,2 M €3,9 M €-245 k €86,7 k €147,9 k €
Operating result2,2 M €2 M €-291,8 k €25,6 k €90,6 k €
Net result1,4 M €1,4 M €-291,9 k €13,7 k €78,1 k €
Balance sheet
Equity6,3 M €5,9 M €117 k €408,9 k €395,1 k €
Total assets28,2 M €27,7 M €572,5 k €814,6 k €790,2 k €
Cash793,5 €–18,4 €18,4 €18,4 €
Debts17 M €18,9 M €420 k €380,7 k €327 k €
Other
Workforce129,6 ETP124,2 ETP6,4 ETP6,4 ETP6,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 20 ended

Active mandates

Christelle Tallec

Director · since 28 juin 2024 · until 09 juin 2026

Active
Steven Verbraeken

Director · since 28 juin 2024 · until 09 juin 2026

Active
Jérôme ELOY

Director · since 14 juin 2022 · until 09 juin 2026

Active

Ended mandates

Jérôme ELOY

Director · since 14 juin 2022 · until 14 juin 2026

Ended
Frank WAUTERS

Director · since 25 juin 2020 · until 09 juin 2026

Ended
Christian Deltenre

Director · since 11 juin 2019 · until 25 juin 2020

Ended
Christian Deltenre

Director · since 11 juin 2019 · until 11 juin 2025

Ended

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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 date16/07/202607/07/202515/07/202424/07/202306/07/202224/06/2021
General meeting09/06/202624/06/202528/06/202413/06/202314/06/202208/06/2021
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, 24 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/06/202616/07/2026FrenchPDF
Full model31/12/202509/06/202607/07/2026DutchPDF
Full model31/12/202424/06/202507/07/2025DutchPDF
Full model31/12/202424/06/202526/06/2025FrenchPDF
Full model31/12/202328/06/202415/07/2024FrenchPDF
Full model31/12/202328/06/202415/07/2024DutchPDF
Full model31/12/202213/06/202324/07/2023FrenchPDF
Full model31/12/202213/06/202324/07/2023DutchPDF
Full model31/12/202114/06/202206/07/2022DutchPDF
Full model31/12/202008/06/202124/06/2021DutchPDF
Full model31/12/201925/06/202008/07/2020DutchPDF
Full model31/12/201811/06/201931/07/2019DutchPDF
Full model31/12/201712/06/201811/07/2018DutchPDF
Full model31/12/201615/09/201720/09/2017DutchPDF
Full model31/12/201514/06/201629/09/2016DutchPDF
Full model31/12/201409/06/201519/08/2015DutchPDF
Full model31/12/201310/06/201409/07/2014DutchPDF
Full model31/12/201211/06/201328/06/2013DutchPDF
Full model31/12/201112/06/201214/06/2012DutchPDF
Full model31/12/201014/06/201112/07/2011DutchPDF
Full model31/12/200908/06/201011/06/2010DutchPDF
Full model31/12/200809/06/200915/07/2009DutchPDF
Full model31/12/200710/06/200819/06/2008FrenchPDF
Full model31/12/200612/06/200728/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

3 active · 20 ended

Active mandates

Christelle Tallec

Director · since 28 juin 2024 · until 09 juin 2026

Active
Steven Verbraeken

Director · since 28 juin 2024 · until 09 juin 2026

Active
Jérôme ELOY

Director · since 14 juin 2022 · until 09 juin 2026

Active

Ended mandates

Jérôme ELOY

Director · since 14 juin 2022 · until 14 juin 2026

Ended
Frank WAUTERS

Director · since 25 juin 2020 · until 09 juin 2026

Ended
Christian Deltenre

Director · since 11 juin 2019 · until 25 juin 2020

Ended
Christian Deltenre

Director · since 11 juin 2019 · until 11 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring05/02/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Restructuring05/02/2025
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Mandates06/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares02/07/2024
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares02/07/2024
    CAPITAL, ACTIONS
    PDF

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 20251,4 M €↑
  2. 2024
    Annual accounts 20241,4 M €↑
  3. 2023
    Annual accounts 2023-291,9 k €↓
  4. 2022
    Annual accounts 202213,7 k €↓
  5. 2022
    Name changeSarpi EcoServices BE
  6. 2021
    Annual accounts 202178,1 k €↑
  7. 2021
    Name changeRECYPER
  8. 2020
    Annual accounts 2020-67,1 k €↓
  9. 2019
    Annual accounts 2019169,6 k €↑
  10. 2018
    Annual accounts 201869,8 k €↑
  11. 2017
    Annual accounts 2017-31,6 k €↓
  12. 2016
    Annual accounts 201677,7 k €↑
  13. 2015
    Annual accounts 201538,5 k €↓
  14. 2015
    Name changeSUEZ Recyper
  15. 2014
    Annual accounts 201441,7 k €↓
  16. 2013
    Annual accounts 201352,5 k €↓
  17. 2012
    Annual accounts 2012257,2 k €↓
  18. 2011
    Annual accounts 2011262,6 k €↑
  19. 2010
    Annual accounts 2010-36,3 k €↑
  20. 2009
    Annual accounts 2009-51,7 k €↑
  21. 2008
    Annual accounts 2008-65 k €
  22. 2008
    Name changeSITA Recyper
  23. 09/06/1988
    IncorporationPublic limited company