ACTIVE

Renewi

Financial year 2025 · closed on 31/03/2025
Net result
4,1 M €
-76.6% YoY
Revenue
404,9 M €
+16.7% YoY
Equity
136,9 M €
+3.1% YoY
Workforce
1 263,3 ETP
+9.9% YoY

What does Renewi do?

Renewi is a Public limited company incorporated in 1989. Its registered office is in Lommel. It employs on average 1 263,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0437.748.330
Incorporation
23/06/1989
Legal form
Public limited company
Registered office
Gerard Mercatorstraat 8
3920 Lommel · FlandreSee on map
Contributed capital
12 218 797,52 €
Latest accounts
31/03/2025
Average workforce
1 263,3 ETP
Joint committees (12)
  • 100
  • 112
  • 121
  • 124
  • 140
  • 14003
  • 142
  • 14203
  • 14204
  • 200
  • 218
  • 226
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720152014201320112010200920072006
Income statement
Revenue404,9 M €346,9 M €342,8 M €340,3 M €310,5 M €307,1 M €309,9 M €301,5 M €356,4 M €254,2 M €245,5 M €250 M €196,3 M €174,2 M €157,2 M €145 M €135,9 M €
EBITDA26,2 M €32,2 M €40,7 M €38,8 M €23,4 M €24,2 M €22 M €24,3 M €34,9 M €11,2 M €11,4 M €23,5 M €18 M €12,3 M €11,4 M €7,7 M €8,4 M €
Operating result9,7 M €25,7 M €34,5 M €29,2 M €9 M €8,3 M €6,5 M €9,4 M €14,5 M €-3,3 M €-2,3 M €10,4 M €8,2 M €1,9 M €-42,8 k €494 k €1,3 M €
Net result4,1 M €17,7 M €25,2 M €18,2 M €15,4 M €-6,7 M €65,8 M €166,4 k €5,1 M €-497,5 k €1,5 M €14,7 M €9,7 M €2,6 M €1,2 M €1,2 M €1,3 M €
Balance sheet
Equity136,9 M €132,7 M €115 M €89,8 M €71,6 M €237,7 M €251,9 M €185,9 M €185,7 M €265,4 M €78,1 M €76,7 M €60,5 M €51,1 M €38,3 M €29,3 M €28,1 M €
Total assets344,5 M €340,1 M €313,1 M €298,4 M €255,2 M €506,2 M €496,2 M €426,1 M €412,6 M €499,5 M €225,7 M €220,1 M €132,2 M €113,6 M €88,8 M €69,3 M €62,2 M €
Cash232,6 k €1,1 M €78,7 k €155,3 k €59,2 k €56 k €664,8 k €45,2 k €69,8 k €58,3 k €82,5 k €42,7 k €69,2 k €39,5 k €76,9 k €26,1 k €14,1 k €
Debts179,9 M €193,5 M €176,6 M €170,2 M €146,6 M €234,6 M €213,8 M €210,1 M €204,9 M €218,8 M €130,8 M €129,2 M €59,2 M €52,4 M €43 M €33,5 M €25,1 M €
Other
Workforce1 263,3 ETP1 149,7 ETP1 176,0 ETP1 270,5 ETP1 328,6 ETP1 366,4 ETP1 372,8 ETP1 352,9 ETP1 426,5 ETP1 189,3 ETP1 183,2 ETP1 243,1 ETP961,2 ETP908,7 ETP889,4 ETP765,6 ETP743,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 45 ended

Active mandates

Jan Pijls

Director · since 08 avril 2025 · until 26 septembre 2029

Active
Dieter Avonds

Director · since 31 janvier 2025 · until 24 septembre 2031

Active
M&M and Partners

Director · since 22 septembre 2023 · until 15 mai 2025 · 0763.472.746

Represented by Mark Thys

Active

Ended mandates

ONE88

Director · since 01 juin 2024 · until 26 septembre 2029 · 1007.593.537

Represented by Esther Pierobon

Ended
Langendoen Executive Management Services

Director · since 22 septembre 2023 · until 01 juin 2024 · 0640.778.337

Represented by Paul Langendoen

Ended
M&M and Partners

Director · since 22 septembre 2023 · until 26 septembre 2029 · 0763.472.746

Represented by Mark Thys

Ended
Mark Thys

Managing director · since 01 juin 2021 · until 19 septembre 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
0889.973.119
ECO-SMARTActive
0420.689.889
0463.531.425
Renewi +Active
0435.990.848
RENEWI BELGIUMActive
0429.366.144
0778.398.274
0458.869.485
0456.629.676
0448.106.643
0463.812.824
0440.853.122
0405.415.161
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/10/202518/10/202417/10/202329/09/202227/09/202115/10/2020
General meeting24/09/202525/09/202422/09/202316/09/202217/09/202125/09/2020
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
Full model31/03/202524/09/202509/10/2025DutchPDF
Full model31/03/202425/09/202418/10/2024DutchPDF
Full model31/03/202322/09/202317/10/2023DutchPDF
Full model31/03/202216/09/202229/09/2022DutchPDF
Full model31/03/202117/09/202127/09/2021DutchPDF
Full model31/03/202025/09/202015/10/2020DutchPDF
Full model31/03/201920/09/201930/09/2019DutchPDF
Full model31/03/201821/09/201827/09/2018DutchPDF
Full model31/03/201715/09/201702/10/2017DutchPDF
Full model31/12/201510/06/201623/06/2016DutchPDF
Full model31/12/201431/07/201530/09/2015DutchPDF
Full model31/12/201313/06/201410/09/2014DutchPDF
Full model31/12/201214/06/201301/07/2013DutchPDF
Full model31/12/201124/04/201221/06/2012DutchPDF
Full model31/12/201010/06/201122/06/2011DutchPDF
Full model31/12/200911/06/201016/06/2010DutchPDF
Full model31/12/200812/06/200915/06/2009DutchPDF
Full model31/12/200713/06/200816/06/2008DutchPDF
Full model31/12/200623/06/200724/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 45 ended

Active mandates

Jan Pijls

Director · since 08 avril 2025 · until 26 septembre 2029

Active
Dieter Avonds

Director · since 31 janvier 2025 · until 24 septembre 2031

Active
M&M and Partners

Director · since 22 septembre 2023 · until 15 mai 2025 · 0763.472.746

Represented by Mark Thys

Active

Ended mandates

ONE88

Director · since 01 juin 2024 · until 26 septembre 2029 · 1007.593.537

Represented by Esther Pierobon

Ended
Langendoen Executive Management Services

Director · since 22 septembre 2023 · until 01 juin 2024 · 0640.778.337

Represented by Paul Langendoen

Ended
M&M and Partners

Director · since 22 septembre 2023 · until 26 septembre 2029 · 0763.472.746

Represented by Mark Thys

Ended
Mark Thys

Managing director · since 01 juin 2021 · until 19 septembre 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office05/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring28/02/2025
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring28/02/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring03/01/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring03/01/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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. 01/02/2026
    nominationBjoHa bv — gedelegeerd bestuurder
  2. 29/01/2026
    nominationBV BjoHa — bestuurder
  3. 02/11/2025
    nominationKwafie Jansen — gedelegeerd bestuurder
  4. 01/11/2025
    nominationHard Peters — bestuurder
  5. 01/11/2025
    nominationKwafie Jansen — bestuurder
  6. 24/09/2025
    nominationErnst & Young Bedrijfsrevisoren BV — commissaris
  7. 08/04/2025
    nominationJan Pijls — bestuurder
  8. 2025
    Annual accounts 20254,1 M €
  9. 31/01/2025
    nominationDieter AVONDS — administrateur
  10. 31/01/2025
    apport
  11. 31/01/2025
    nominationAVONDS Dieter — bestuurder
  12. 31/01/2025
    split
  13. 01/06/2024
    nominationOne88 BV — bestuurder
  14. 2024
    Annual accounts 202417,7 M €
  15. 22/09/2023
    nominationM&M and Partners BV — bestuurder
  16. 22/09/2023
    nominationLangendoen Executive Management Services BV — bestuurder
  17. 22/09/2023
    reconductionBV BDO Bedrijfsrevisoren — commissaris
  18. 22/09/2023
    nominationM&M and Partners — gedelegeerd bestuurder
  19. 2023
    Annual accounts 202325,2 M €
  20. 2022
    Annual accounts 202218,2 M €
  21. 2021
    Annual accounts 202115,4 M €
  22. 2020
    Annual accounts 2020-6,7 M €
  23. 2019
    Annual accounts 201965,8 M €
  24. 2018
    Annual accounts 2018166,4 k €
  25. 2017
    Annual accounts 20175,1 M €
  26. 2015
    Annual accounts 2015-497,5 k €
  27. 2014
    Annual accounts 20141,5 M €
  28. 2013
    Annual accounts 201314,7 M €
  29. 2011
    Annual accounts 20119,7 M €
  30. 2010
    Annual accounts 20102,6 M €
  31. 2009
    Annual accounts 20091,2 M €
  32. 2007
    Annual accounts 20071,2 M €
  33. 2006
    Annual accounts 20061,3 M €
  34. 23/06/1989
    IncorporationPublic limited company