ACTIVE

The Compost Bag Company

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Financial year 2025 · Closed on 31/12/2025

Net result-85,9 k €+71,2 %over 1 year

Revenue9,3 M €-14,5 %over 1 year

Equity2,1 M €-4,0 %over 1 year

Workforce29,1 ETP-6,1 %over 1 year

Identity

Source · BCE/KBO

The Compost Bag Company is a Public limited company incorporated in 1991. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Herent. It employs on average 29,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0444.744.208
Incorporation: 01/08/1991
Legal form: Public limited company
Registered office: Tildonksesteenweg 171
3020 Herent · FlandreSee on map
Contributed capital: 3 438 700,00 €
Latest accounts: 31/12/2025
Average workforce: 29,1 ETP

Activities (NACE)

22210Manufacture of plastic plates, sheets, tubes and profiles· main 22210Manufacture of plastic plates, sheets, tubes and profiles 22220Manufacture of plastic packing goods 22220Manufacture of plastic packing goods 25210Manufacture of central heating radiators and boilers 25220Manufacture of tanks, reservoirs and containers of metal+2

Joint committees (2)

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	9,3 M €	-14.5%	10,9 M €	+5.1%	10,4 M €	-12.0%	11,8 M €	+6.6%	11 M €
EBITDA	561,1 k €	+205%	184,2 k €	+27.6%	144,3 k €	-80.6%	744,5 k €	+4.5%	712,2 k €
Operating result	16,9 k €	+108%	-210,3 k €	+50.7%	-426,4 k €	-325%	189,5 k €	+287%	49 k €
Net result	-85,9 k €	+71.2%	-298,1 k €	+39.8%	-495,5 k €	-418%	155,8 k €	+661%	20,5 k €
Balance sheet
Equity	2,1 M €	-4.0%	2,2 M €	-12.1%	2,5 M €	-16.7%	3 M €	+5.5%	2,8 M €
Total assets	5,2 M €	-4.3%	5,4 M €	+7.2%	5,1 M €	-0.2%	5,1 M €	-21.5%	6,4 M €
Cash	144,1 k €	+166%	54,3 k €	+15.2%	47,1 k €	-76.0%	196,4 k €	+149%	78,8 k €
Debts	3,1 M €	-4.4%	3,2 M €	+25.6%	2,6 M €	+23.0%	2,1 M €	-42.5%	3,6 M €
Other
Workforce	29,1 ETP	-6.1%	31,0 ETP	+6.2%	29,2 ETP	-4.9%	30,7 ETP	+5.9%	29,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 18 ended

Active mandates

BLUESALT SALES

Director · until 05 juin 2026 · 0645.678.520

Represented by Edwin Ingelaere

Active

Eric VANDERLINDEN

Managing director · until 05 juin 2026

Active

TILLION - S.S.T.

Director · until 05 juin 2026 · 0444.775.286

Represented by Monika Denolf

Active

Ended mandates

ELS VANDERLINDEN

Director · since 03 juin 2003 · until 02 juin 2009

Ended

BLUESALT SALES

Director · until 07 juin 2020 · 0645.678.520

Represented by Edwin Ingelaere

Ended

ELS VANDERLINDEN

Director

Ended

Eric VANDERLINDEN

Managing director · until 07 juin 2015

Ended

Other companies at this address

Tildonksesteenweg 171 3020 Herent

Company	CBE no.
TILLION - S.S.T.● Active	0444.775.286

Full financial information

Source · NBB

	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	01/01/2020
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	12 months
Filing date	11/06/2026	24/06/2025	25/06/2024	21/06/2023	25/07/2022	15/09/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	09/06/2023	21/06/2022	08/09/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	02/06/2026	11/06/2026	Dutch	PDF
Full model	31/12/2024	03/06/2025	24/06/2025	Dutch	PDF
Full model	31/12/2023	04/06/2024	25/06/2024	Dutch	PDF
Full model	31/12/2022	09/06/2023	21/06/2023	Dutch	PDF
Full model	31/12/2021	21/06/2022	25/07/2022	Dutch	PDF
Full model	31/12/2020	08/09/2021	15/09/2021	Dutch	PDF
Full model	31/12/2019	11/08/2020	31/08/2020	Dutch	PDF
Full model	31/12/2018	04/06/2019	24/07/2019	Dutch	PDF
Full model	31/12/2017	05/06/2018	28/07/2018	Dutch	PDF
Full model	31/12/2016	06/06/2017	20/07/2017	Dutch	PDF
Full model	31/12/2015	07/06/2016	14/07/2016	Dutch	PDF
Full model	31/12/2014	02/06/2015	02/07/2015	Dutch	PDF
Full modelCorrection	31/12/2013	03/06/2014	24/11/2014	Dutch	PDF
Full model	31/12/2013	03/06/2014	11/07/2014	Dutch	PDF
Full model	30/09/2012	05/03/2013	16/04/2013	Dutch	PDF
Full model	31/12/2010	07/06/2011	15/07/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	12/08/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	13/08/2009	Dutch	PDF
Full model	31/12/2007	03/06/2008	12/08/2008	Dutch	PDF
Full modelCorrection	31/12/2006	05/06/2007	17/09/2007	Dutch	PDF
Full model	31/12/2006	05/06/2007	24/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 18 ended

Active mandates

BLUESALT SALES

Director · until 05 juin 2026 · 0645.678.520

Represented by Edwin Ingelaere

Active

Eric VANDERLINDEN

Managing director · until 05 juin 2026

Active

TILLION - S.S.T.

Director · until 05 juin 2026 · 0444.775.286

Represented by Monika Denolf

Active

Ended mandates

ELS VANDERLINDEN

Director · since 03 juin 2003 · until 02 juin 2009

Ended

BLUESALT SALES

Director · until 07 juin 2020 · 0645.678.520

Represented by Edwin Ingelaere

Ended

ELS VANDERLINDEN

Director

Ended

Eric VANDERLINDEN

Managing director · until 07 juin 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other15/10/2012
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other27/08/2012
DIVERSEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025-85,9 k €↑
2024
Annual accounts 2024-298,1 k €↑
2023
Annual accounts 2023-495,5 k €↓
2022
Annual accounts 2022155,8 k €↑
2021
Annual accounts 202120,5 k €↑
2020
Annual accounts 2020-328,4 k €↓
2019
Annual accounts 2019-293,5 k €↓
2018
Annual accounts 2018-114,1 k €↓
2017
Annual accounts 2017334,7 €↓
2016
Annual accounts 2016232,5 k €↑
2015
Annual accounts 2015125,3 k €↑
2014
Annual accounts 2014-30,9 k €↓
2013
Annual accounts 201373,5 k €↓
2012
Annual accounts 2012111,5 k €↑
2010
Annual accounts 201010,5 k €↓
2009
Annual accounts 2009306,4 k €↑
2008
Annual accounts 2008-686 k €↓
2007
Annual accounts 2007-523,8 k €↓
2006
Annual accounts 2006-259,7 k €
01/08/1991
IncorporationPublic limited company

The Compost Bag Company

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline