OPENING OF BANKRUPTCY

FROMTO Houthalen

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Company — Opening of bankruptcy.

Financial year 2024 · Closed on 31/12/2024

Net result-740,7 k €+54,1 %over 1 year
Revenue11,4 M €+19,7 %over 1 year
Equity3 M €-20,0 %over 1 year
Workforce33,9 ETP-10,8 %over 1 year

Identity

Source · BCE/KBO

FROMTO Houthalen is a Public limited company incorporated in 1989. Its main activity is: Sewerage. Its registered office is in Hasselt. It employs on average 33,9 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0439.289.343
Incorporation
15/12/1989
Legal form
Public limited company
Registered office
Herkenrodesingel 14
3500 Hasselt · FlandreSee on map
Contributed capital
7 353 363,21 €
Latest accounts
31/12/2024
Average workforce
33,9 ETP
Joint committees (2)
  • 116
  • 207
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 13 financial years

20242023202220212015
Income statement
Revenue11,4 M €9,5 M €10,4 M €8,7 M €7,1 M €
EBITDA163,8 k €-696 k €-697,3 k €396,5 k €1,2 M €
Operating result-661,3 k €-1,6 M €-1,6 M €-280,5 k €443,2 k €
Net result-740,7 k €-1,6 M €-1,6 M €-370 k €324,7 k €
Balance sheet
Equity3 M €3,7 M €3,8 M €-141,3 k €1,9 M €
Total assets6 M €6,3 M €10 M €6,9 M €7 M €
Cash510,2 k €382,1 k €2,7 M €690,6 k €270,8 k €
Debts3 M €2,6 M €6,2 M €7 M €5,1 M €
Other
Workforce33,9 ETP38,0 ETP45,1 ETP48,0 ETP34,2 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

5 active · 76 ended

Active mandates

BIONERGA

Director · since 18 décembre 2023 · until 17 mai 2029 · 0882.280.227

Represented by Philip Peeters

Active
Koen Verhaert

Director · since 18 décembre 2023 · until 17 mai 2029

Active
Nathalie Verhaert

Director · since 18 décembre 2023 · until 17 mai 2029

Active
NUBEMA

Director · since 18 décembre 2023 · until 17 mai 2029 · 0834.086.964

Represented by Peter Jans

Active
NUHMA AC

Chairman of the board of directors · since 18 décembre 2023 · until 17 mai 2029 · 0697.972.507

Represented by Ludo Kelchtermans

Active

Ended mandates

FROMTO Group

Director · since 23 décembre 2022 · until 18 décembre 2023 · 0830.979.402

Represented by Wim Van den Bossche

Ended
FROMTO Group

Director · since 23 décembre 2022 · until 21 mai 2026 · 0830.979.402

Represented by Wim Van den Bossche

Ended
BIONERGA

Director · since 01 février 2021 · until 21 mai 2026 · 0882.280.227

Represented by Philip Peeters

Ended
BIONERGA

Director · since 01 février 2021 · until 17 mai 2029 · 0882.280.227

Represented by Philip Peeters

Ended

Other companies at this address

Herkenrodesingel 14 3500 Hasselt
CompanyCBE no.
A.I.T. EUROPE● Active
0434.424.297
Biomassaplein● Active
0688.636.454
BIONERGA● Active
0882.280.227
BIONERGA LOGISTICS● Active
0553.855.647
BIOSTOOM BELGIË● Active
0678.689.501
BIOSTOOM BERINGEN● Active
0678.742.850
C-POWER HOLDCO● Active
0472.967.347
ECO2050● Active
0699.503.028
ECO HOLDING● Active
0656.820.850
FROMTO Beringen● Judicial reorganisation
0764.409.686
FROMTO Group● Active
0830.979.402
HERKENRODE REAL ESTATE● Active
0724.557.633
HyoffGreen● Active
1010.583.315
Immo Soltech● Active
0790.936.317
LIMBURG.NET● Active
0214.533.712
LIMBURG WIND● Active
0825.735.660
LIMBURG WIN(D)T● Active
0820.832.113
LOMMEL WIN(D)T● Active
0559.893.403
MyCSN● Active
0724.946.623
NUBEMA● Active
0834.086.964

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/05/202527/05/202427/06/202327/11/202229/08/202122/07/2020
General meeting22/04/202516/05/202418/05/202309/06/202230/06/202122/05/2020
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202422/04/202516/05/2025DutchPDF
Full model31/12/202316/05/202427/05/2024DutchPDF
Full model31/12/202218/05/202327/06/2023DutchPDF
Full modelCorrection31/12/202109/06/202227/11/2022DutchPDF
Full model31/12/202109/06/202223/06/2022DutchPDF
Full model31/12/202030/06/202129/08/2021DutchPDF
Abridged model31/12/201922/05/202022/07/2020DutchPDF
Abridged modelCorrection31/12/201816/05/201927/08/2019DutchPDF
Abridged model31/12/201816/05/201909/08/2019DutchPDF
Abridged model31/12/201717/05/201831/08/2018DutchPDF
Abridged model31/12/201618/05/201710/07/2017DutchPDF
Full model30/06/201519/11/201518/12/2015DutchPDF
Full model30/06/201420/11/201402/12/2014DutchPDF
Full model30/06/201321/11/201309/12/2013DutchPDF
Full model30/06/201215/11/201222/01/2013DutchPDF
Full model31/12/201019/05/201130/06/2011DutchPDF
Full model31/12/200920/05/201014/06/2010DutchPDF
Full model31/12/200819/05/200917/06/2009DutchPDF
Full model31/12/200721/05/200809/06/2008DutchPDF
Full model31/12/200614/05/200711/06/2007DutchPDF

Indicative valuation

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 31/12/2024

5 active · 76 ended

Active mandates

BIONERGA

Director · since 18 décembre 2023 · until 17 mai 2029 · 0882.280.227

Represented by Philip Peeters

Active
Koen Verhaert

Director · since 18 décembre 2023 · until 17 mai 2029

Active
Nathalie Verhaert

Director · since 18 décembre 2023 · until 17 mai 2029

Active
NUBEMA

Director · since 18 décembre 2023 · until 17 mai 2029 · 0834.086.964

Represented by Peter Jans

Active
NUHMA AC

Chairman of the board of directors · since 18 décembre 2023 · until 17 mai 2029 · 0697.972.507

Represented by Ludo Kelchtermans

Active

Ended mandates

FROMTO Group

Director · since 23 décembre 2022 · until 18 décembre 2023 · 0830.979.402

Represented by Wim Van den Bossche

Ended
FROMTO Group

Director · since 23 décembre 2022 · until 21 mai 2026 · 0830.979.402

Represented by Wim Van den Bossche

Ended
BIONERGA

Director · since 01 février 2021 · until 21 mai 2026 · 0882.280.227

Represented by Philip Peeters

Ended
BIONERGA

Director · since 01 février 2021 · until 17 mai 2029 · 0882.280.227

Represented by Philip Peeters

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares14/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - KAPITAAL - AANDELEN
    PDF
  • Mandates09/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office31/03/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares05/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates05/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-740,7 k €↑
  2. 2023
    Annual accounts 2023-1,6 M €↑
  3. 2022
    Annual accounts 2022-1,6 M €↓
  4. 2021
    Annual accounts 2021-370 k €↓
  5. 2020
    Name changeECOO Recycling
  6. 2015
    Annual accounts 2015324,7 k €↑
  7. 2015
    Name changeECO-oh! Recycling
  8. 2014
    Annual accounts 2014170,6 k €↑
  9. 2013
    Annual accounts 2013-621,3 k €↓
  10. 2012
    Annual accounts 2012344,3 k €↓
  11. 2010
    Annual accounts 2010969,6 k €↑
  12. 2009
    Annual accounts 2009799,3 k €↑
  13. 2008
    Annual accounts 2008710,9 k €↓
  14. 2007
    Annual accounts 2007908,9 k €↓
  15. 2006
    Annual accounts 2006983,5 k €
  16. 2006
    Name changeEKOL
  17. 15/12/1989
    IncorporationPublic limited company