ACTIVE

DW Reusables

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Financial year 2025 · closed on 31/12/2025

Net result

-39,3 M €

-1119.2% YoY

Revenue

24,7 M €

-40.5% YoY

Equity

12,3 M €

-76.2% YoY

Workforce

100,4 ETP

-13.1% YoY

What does DW Reusables do?

DW Reusables is a Public limited company incorporated in 1988. Its main activity is: Manufacture of plastic packing goods. Its registered office is in Bilzen-Hoeselt. It employs on average 100,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.623.337

Incorporation

28/10/1988

Legal form

Public limited company

Registered office

Nijverheidsstraat 26
3740 Bilzen-Hoeselt · FlandreSee on map

Contributed capital

34 157 208,97 €

Latest accounts

31/12/2025

Average workforce

100,4 ETP

Activities (NACE)

22220Manufacture of plastic packing goods· main 22220Manufacture of plastic packing goods 22260Manufacture of plastic products 22290Manufacture of other plastic products 25220Manufacture of tanks, reservoirs and containers of metal

Joint committees (2)

Signals

Good liquidityHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	24,7 M €	-40.5%	41,5 M €	-16.9%	50 M €	+11.7%	44,8 M €	-23.7%	58,7 M €	-30.6%	84,6 M €	+56.5%	54,1 M €	+19.2%	45,4 M €	-13.0%	52,2 M €	-7.7%	56,6 M €	-0.5%	56,8 M €	+28.6%	44,2 M €	+27.3%	34,7 M €	-15.5%	41,1 M €	+51.4%	27,1 M €	-11.3%	30,6 M €	-11.8%	34,7 M €	-36.8%	54,8 M €
EBITDA	-2,3 M €	-130%	7,6 M €	-3.2%	7,9 M €	+48.6%	5,3 M €	+59.4%	3,3 M €	-53.6%	7,2 M €	+89.9%	3,8 M €	+43.8%	2,6 M €	-45.1%	4,8 M €	+21.4%	3,9 M €	-33.6%	5,9 M €	+32.6%	4,5 M €	-12.3%	5,1 M €	+38.8%	3,7 M €	+6.2%	3,4 M €	-33.9%	5,2 M €	+23.3%	4,2 M €	-54.5%	9,3 M €
Operating result	-4,8 M €	-184%	5,7 M €	-10.2%	6,4 M €	+59.2%	4 M €	+72.8%	2,3 M €	-51.5%	4,8 M €	+83.3%	2,6 M €	+89.8%	1,4 M €	-62.9%	3,7 M €	+10.0%	3,4 M €	-35.1%	5,2 M €	+34.1%	3,9 M €	-11.1%	4,4 M €	+39.7%	3,1 M €	+4.5%	3 M €	-31.7%	4,4 M €	+44.0%	3 M €	-59.5%	7,5 M €
Net result	-39,3 M €	-1119%	3,9 M €	-16.9%	4,6 M €	+252%	1,3 M €	+35.6%	969,8 k €	-78.2%	4,5 M €	+140%	1,9 M €	+74.7%	1,1 M €	-63.7%	2,9 M €	+24.7%	2,3 M €	-34.1%	3,6 M €	+30.6%	2,7 M €	-18.3%	3,3 M €	+26.3%	2,6 M €	-6.3%	2,8 M €	-18.2%	3,4 M €	+33.2%	2,6 M €	-55.3%	5,8 M €
Balance sheet
Equity	12,3 M €	-76.2%	51,5 M €	+215%	16,3 M €	+39.6%	11,7 M €	+12.7%	10,4 M €	+10.3%	9,4 M €	+89.8%	5 M €	-83.2%	29,6 M €	+3.7%	28,5 M €	+11.4%	25,6 M €	+10.1%	23,3 M €	+18.0%	19,7 M €	+16.0%	17 M €	-49.5%	33,7 M €	+8.5%	31 M €	+10.0%	28,2 M €	+13.9%	24,8 M €	+11.6%	22,2 M €
Total assets	55,7 M €	-40.4%	93,4 M €	+79.1%	52,1 M €	+7.3%	48,6 M €	-7.0%	52,3 M €	+5.9%	49,3 M €	+105%	24 M €	-45.1%	43,8 M €	+4.4%	42 M €	+6.3%	39,5 M €	+18.1%	33,4 M €	+4.5%	32 M €	+18.1%	27,1 M €	-44.3%	48,7 M €	+11.2%	43,8 M €	+15.2%	38 M €	-1.3%	38,5 M €	+5.2%	36,6 M €
Cash	4,9 M €	+421%	931,7 k €	-12.3%	1,1 M €	-48.4%	2,1 M €	-58.9%	5 M €	-17.9%	6,1 M €	+213%	1,9 M €	-93.4%	29,7 M €	+1.9%	29,1 M €	+16.3%	25 M €	+10.2%	22,7 M €	+57.7%	14,4 M €	+4.5%	13,8 M €	-14.8%	16,2 M €	+43.5%	11,3 M €	-2.4%	11,6 M €	+43.2%	8,1 M €	-43.6%	14,3 M €
Debts	43,1 M €	+3.5%	41,7 M €	+22.2%	34,1 M €	+5.2%	32,4 M €	-19.3%	40,1 M €	+4.5%	38,4 M €	+106%	18,6 M €	+36.7%	13,6 M €	+12.7%	12,1 M €	-8.7%	13,2 M €	+40.1%	9,4 M €	-17.5%	11,4 M €	+29.3%	8,9 M €	-34.5%	13,5 M €	+26.1%	10,7 M €	+60.8%	6,7 M €	-39.5%	11 M €	-12.8%	12,6 M €
Other
Workforce	100,4 ETP	-13.1%	115,5 ETP	-2.2%	118,1 ETP	+10.4%	107,0 ETP	+9.6%	97,6 ETP	+3.5%	94,3 ETP	+43.5%	65,7 ETP	+1.1%	65,0 ETP	+3.0%	63,1 ETP	+10.7%	57,0 ETP	+10.9%	51,4 ETP	-9.0%	56,5 ETP	-3.1%	58,3 ETP	-8.2%	63,5 ETP	-10.9%	71,3 ETP	-6.2%	76,0 ETP	-8.8%	83,3 ETP	-2.1%	85,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

BBNM

Director · since 04 juin 2025 · until 15 mai 2030 · 0741.996.946

Represented by Bert Berghs

Active

BOSXCON

Director · since 04 juin 2025 · until 15 mai 2030 · 1014.678.990

Represented by Gerry Bosmans

Active

Henry Schmidt

Director · since 04 juin 2025 · until 15 mai 2030

Active

Ended mandates

BBNM

Director · since 27 février 2020 · until 15 mai 2025 · 0741.996.946

Represented by Bert Berghs

Ended

Henry Schmidt

Director · since 27 février 2020 · until 15 mai 2025

Ended

LD20

Director · since 27 février 2020 · until 15 mai 2025 · 0741.900.243

Represented by Paul Frans Baeyens

Ended

LD20

Managing director · since 27 février 2020 · until 15 mai 2025 · 0741.900.243

Represented by Paul Frans Baeyens

Ended

Annual accounts

Full financial information

	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	01/05/2019
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	20 months
Filing date	24/07/2026	17/06/2025	31/05/2024	06/06/2023	29/06/2022	26/06/2021
General meeting	25/06/2026	04/06/2025	15/05/2024	15/05/2023	23/05/2022	28/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/06/2026	24/07/2026	Dutch	PDF
Full model	31/12/2024	04/06/2025	17/06/2025	Dutch	PDF
Full model	31/12/2023	15/05/2024	31/05/2024	Dutch	PDF
Full model	31/12/2022	15/05/2023	06/06/2023	Dutch	PDF
Full model	31/12/2021	23/05/2022	29/06/2022	Dutch	PDF
Full model	31/12/2020	28/05/2021	26/06/2021	Dutch	PDF
Full model	30/04/2019	09/09/2019	10/10/2019	Dutch	PDF
Full model	30/04/2018	10/09/2018	18/09/2018	Dutch	PDF
Full model	30/04/2017	11/09/2017	18/09/2017	Dutch	PDF
Full model	30/04/2016	12/09/2016	03/10/2016	Dutch	PDF
Full model	30/04/2015	14/09/2015	08/10/2015	Dutch	PDF
Full model	30/04/2014	08/09/2014	23/10/2014	Dutch	PDF
Full model	30/04/2013	09/09/2013	26/09/2013	Dutch	PDF
Full model	30/04/2012	10/09/2012	11/10/2012	Dutch	PDF
Full model	30/04/2011	12/09/2011	24/10/2011	Dutch	PDF
Full model	30/04/2010	13/09/2010	04/10/2010	Dutch	PDF
Full model	30/04/2009	14/09/2009	13/10/2009	Dutch	PDF
Full modelCorrection	30/04/2008	29/09/2008	08/12/2008	Dutch	PDF
Full model	30/04/2008	29/09/2008	10/10/2008	Dutch	PDF
Full modelCorrection	30/04/2007	14/09/2007	20/04/2009	Dutch	PDF
Full model	30/04/2007	14/09/2007	12/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 3 active · 21 ended

Active mandates

BBNM

Director · since 04 juin 2025 · until 15 mai 2030 · 0741.996.946

Represented by Bert Berghs

Active

BOSXCON

Director · since 04 juin 2025 · until 15 mai 2030 · 1014.678.990

Represented by Gerry Bosmans

Active

Henry Schmidt

Director · since 04 juin 2025 · until 15 mai 2030

Active

Ended mandates

BBNM

Director · since 27 février 2020 · until 15 mai 2025 · 0741.996.946

Represented by Bert Berghs

Ended

Henry Schmidt

Director · since 27 février 2020 · until 15 mai 2025

Ended

LD20

Director · since 27 février 2020 · until 15 mai 2025 · 0741.900.243

Represented by Paul Frans Baeyens

Ended

LD20

Managing director · since 27 février 2020 · until 15 mai 2025 · 0741.900.243

Represented by Paul Frans Baeyens

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/08/2026
Herbenoeming commissaris
PDF
Capital / shares17/04/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Mandates13/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates13/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2020
ONTSLAGEN - BENOEMINGEN
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

31/03/2026
augmentation_capital
2025
Annual accounts 2025-39,3 M €↓
04/06/2025
nominationBBNM — bestuurder
04/06/2025
nominationHenry Schmidt — bestuurder
04/06/2025
nominationBosxcon BV — bestuurder
2024
Annual accounts 20243,9 M €↓
18/03/2024
augmentation_capital
18/03/2024
apport
18/03/2024
apport
2023
Annual accounts 20234,6 M €↑
15/05/2023
nominationCallens, Vandelanotte & Theunissen BV — Commissaris
15/05/2023
nominationGuy Meerbergen — vaste vertegenwoordiger
2022
Annual accounts 20221,3 M €↑
2021
Annual accounts 2021969,8 k €↓
2020
Annual accounts 20204,5 M €↑
2020
Name changeDW REUSABLES NV
2019
Annual accounts 20191,9 M €↑
2018
Annual accounts 20181,1 M €↓
2017
Annual accounts 20172,9 M €↑
2017
Name changeDS SMITH PLASTICS BILZEN
2016
Annual accounts 20162,3 M €↓
2015
Annual accounts 20153,6 M €↑
2014
Annual accounts 20142,7 M €↓
2013
Annual accounts 20133,3 M €↑
2012
Annual accounts 20122,6 M €↓
2011
Annual accounts 20112,8 M €↓
2010
Annual accounts 20103,4 M €↑
2009
Annual accounts 20092,6 M €↓
2008
Annual accounts 20085,8 M €
2008
Name changeD.W. PLASTICS
28/10/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DW Reusables

Overview

What does DW Reusables do?

Trend over 18 financial years

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