ACTIVE

GWL Recycling

Financial year 2025 · Closed on 31/12/2025

Net result44,1 k €+362,5 %over 1 year
Gross margin373,1 k €+66,9 %over 1 year
Equity153,3 k €+40,5 %over 1 year
Workforce3,1 ETP

Identity

Source · BCE/KBO

GWL Recycling is a Public limited company incorporated in 1992. Its registered office is in Houthalen-Helchteren. It employs on average 3,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.213.649
Incorporation
17/04/1992
Legal form
Public limited company
Registered office
Europark 1078 box 4
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
74 368,06 €
Latest accounts
31/12/2025
Average workforce
3,1 ETP
Joint committees (7)
  • 121
  • 124
  • 140
  • 14003
  • 200
  • 218
  • 226
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin373,1 k €223,5 k €423,9 k €199,3 k €176 k €
EBITDA123,8 k €36,9 k €247,5 k €31,3 k €35,6 k €
Operating result54,6 k €-8,8 k €209 k €18,8 k €30,9 k €
Net result44,1 k €-16,8 k €201,4 k €17,4 k €36,3 k €
Balance sheet
Equity153,3 k €109,1 k €125,9 k €-75,5 k €-92,9 k €
Total assets863,4 k €645,3 k €750,2 k €344,7 k €272,1 k €
Cash45 k €24,8 k €122,2 k €9,6 k €28,7 k €
Debts710,1 k €536,2 k €624,3 k €420,2 k €365 k €
Other
Workforce3,1 ETP––2,5 ETP2,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 17 ended

Active mandates

GWL+

Director · 0671.467.553

Represented by Jan Lauwers

Active
IWM

Director · 0893.598.444

Represented by Wim Lauwers

Active

Ended mandates

David HOUBEN

Director · since 06 juin 2017 · until 05 juin 2023

Ended
Ewa JABLONSKA

Managing director · since 06 juin 2017 · until 05 juin 2023

Ended
David Houben

Director · since 07 juin 2011 · until 06 juin 2012

Ended
David Houben

Director · since 07 juin 2011 · until 05 juin 2017

Ended

Other companies at this address

Europark 1078 3530 Houthalen-Helchteren
CompanyCBE no.
0691.818.648
0469.952.231
0764.770.071
0436.487.429

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelAbridged modelAbridged modelAbridged 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 date25/08/202604/09/202528/08/202419/09/202323/06/202231/08/2021
General meeting30/06/202602/06/202503/06/202405/06/202307/06/202207/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202625/08/2026DutchPDF
Micro model31/12/202402/06/202504/09/2025DutchPDF
Micro model31/12/202303/06/202428/08/2024DutchPDF
Abridged model31/12/202205/06/202319/09/2023DutchPDF
Abridged model31/12/202107/06/202223/06/2022DutchPDF
Abridged model31/12/202007/06/202131/08/2021DutchPDF
Abridged model31/12/201902/06/202015/06/2020DutchPDF
Abridged model31/12/201803/06/201930/08/2019DutchPDF
Abridged model31/12/201704/06/201830/08/2018DutchPDF
Abridged model31/12/201606/06/201717/08/2017DutchPDF
Abridged model31/12/201506/06/201630/08/2016DutchPDF
Abridged model31/12/201401/06/201528/08/2015DutchPDF
Abridged model31/12/201302/06/201414/08/2014DutchPDF
Abridged model31/12/201203/06/201329/08/2013DutchPDF
Abridged model31/12/201104/06/201209/07/2012DutchPDF
Abridged model31/12/201006/06/201119/08/2011DutchPDF
Abridged model31/12/200907/06/201031/08/2010DutchPDF
Abridged model31/12/200805/06/200920/07/2009DutchPDF
Abridged model31/12/200702/06/200820/08/2008DutchPDF
Abridged model31/12/200606/06/200709/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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

2 active · 17 ended

Active mandates

GWL+

Director · 0671.467.553

Represented by Jan Lauwers

Active
IWM

Director · 0893.598.444

Represented by Wim Lauwers

Active

Ended mandates

David HOUBEN

Director · since 06 juin 2017 · until 05 juin 2023

Ended
Ewa JABLONSKA

Managing director · since 06 juin 2017 · until 05 juin 2023

Ended
David Houben

Director · since 07 juin 2011 · until 06 juin 2012

Ended
David Houben

Director · since 07 juin 2011 · until 05 juin 2017

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other06/02/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Other16/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL - ALGEMENE VERGADERING
    PDF
  • Mandates26/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Court decision14/09/2018
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates10/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/03/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/02/2010
    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. 2025
    Annual accounts 202544,1 k €↑
  2. 2024
    Annual accounts 2024-16,8 k €↓
  3. 2023
    Annual accounts 2023201,4 k €↑
  4. 2022
    Annual accounts 202217,4 k €↓
  5. 2021
    Annual accounts 202136,3 k €↓
  6. 2020
    Annual accounts 202083,1 k €↑
  7. 2019
    Annual accounts 2019-49,3 k €↓
  8. 2018
    Annual accounts 201834,9 k €↑
  9. 2017
    Annual accounts 2017-329 k €↓
  10. 2016
    Annual accounts 2016138,8 k €↓
  11. 2015
    Annual accounts 2015216,8 k €↑
  12. 2014
    Annual accounts 2014-346,4 k €↓
  13. 2013
    Annual accounts 2013-31 k €↓
  14. 2012
    Annual accounts 201234,7 k €↑
  15. 2011
    Annual accounts 201116,1 k €↑
  16. 2010
    Annual accounts 2010-31,7 k €↓
  17. 2009
    Annual accounts 20092 k €↓
  18. 2008
    Annual accounts 200841,2 k €↑
  19. 2007
    Annual accounts 20071,7 k €↓
  20. 2006
    Annual accounts 200628,6 k €
  21. 17/04/1992
    IncorporationPublic limited company