ACTIVE

Belgarena

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Financial year 2025 · Closed on 30/06/2025

Net result436,9 k €+3 630,8 %over 1 year
Gross margin3,1 M €+62,8 %over 1 year
Equity4,5 M €+10,8 %over 1 year
Workforce19,1 ETP+12,4 %over 1 year

Identity

Source · BCE/KBO

Belgarena is a Public limited company incorporated in 1994. Its main activity is: Remediation activities and other waste management services. Its registered office is in Farciennes. It employs on average 19,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.968.116
Incorporation
15/12/1994
Legal form
Public limited company
Registered office
Rue de Tergnée(FAR) 164
6240 Farciennes · WallonieSee on map
Contributed capital
1 900 000,00 €
Latest accounts
30/06/2025
Average workforce
19,1 ETP
Joint committees (4)
  • 100
  • 101
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin3,1 M €1,9 M €2,7 M €2,8 M €2,6 M €
EBITDA1,8 M €869,7 k €1,5 M €1,2 M €1,5 M €
Operating result578,2 k €164,8 k €804,3 k €349,5 k €791,1 k €
Net result436,9 k €11,7 k €577,8 k €247,8 k €700,2 k €
Balance sheet
Equity4,5 M €4,1 M €4 M €3,5 M €3,2 M €
Total assets9,3 M €10,5 M €9,5 M €8,9 M €7,7 M €
Cash870,4 k €33,5 k €27,5 k €30,9 k €22,8 k €
Debts4,3 M €5,7 M €4,8 M €4,9 M €4 M €
Other
Workforce19,1 ETP17,0 ETP21,7 ETP22,6 ETP16,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

4 active · 26 ended

Active mandates

Olivier LAVEDRINE

Director · since 01 janvier 2024 · until 28 novembre 2030

Active
CARTER SARL

Director · since 30 novembre 2020 · until 20 juin 2025

Active
Pierre Edouard VAN DER CRUISSE DE WAZIERS

Administrateur délégué à la gestion journaliè · since 30 novembre 2020 · until 26 novembre 2026

Active
Martine CABANEL

Director · since 28 novembre 2019 · until 28 novembre 2025

Active

Ended mandates

CARTER SARL

Director · since 30 novembre 2020 · until 26 novembre 2026

Represented by Manette SCHUMANN

Ended
Pierre Edouard VAN DER CRUISSE DE WAZIERS

Managing director · since 30 novembre 2020 · until 26 novembre 2026

Ended
CARTER INVESTMENTS

Director · since 27 novembre 2014 · until 30 novembre 2020

Represented by Olivier LAVEDRINE

Ended
CARTER INVESTMENTS SA

Director · since 27 novembre 2014 · until 30 novembre 2020

Represented by Olivier LAVEDRINE

Ended

Other companies at this address

Rue de Tergnée(FAR) 164 6240 Farciennes
CompanyCBE no.
Belgarena Recycling● Active
1042.899.854
COBEVAL● Active
0462.735.629

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/01/202619/12/202430/01/202427/02/202328/02/202229/01/2021
General meeting27/11/202528/11/202423/11/202324/11/202225/11/202126/11/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202527/11/202530/01/2026FrenchPDF
Abridged model30/06/202428/11/202419/12/2024FrenchPDF
Abridged model30/06/202323/11/202330/01/2024FrenchPDF
Abridged model30/06/202224/11/202227/02/2023FrenchPDF
Abridged model30/06/202125/11/202128/02/2022FrenchPDF
Abridged model30/06/202026/11/202029/01/2021FrenchPDF
Abridged model30/06/201928/11/201925/02/2020FrenchPDF
Abridged model30/06/201822/11/201815/01/2019FrenchPDF
Abridged model30/06/201715/11/201729/11/2017FrenchPDF
Abridged model30/06/201623/11/201624/11/2016FrenchPDF
Abridged model30/06/201521/12/201525/01/2016FrenchPDF
Abridged model30/06/201427/11/201412/12/2014FrenchPDF
Abridged model31/12/201222/05/201324/05/2013FrenchPDF
Abridged model31/12/201123/05/201211/06/2012FrenchPDF
Abridged model31/12/201021/06/201122/06/2011FrenchPDF
Abridged model31/12/200920/04/201026/04/2010FrenchPDF
Abridged model31/12/200823/04/200913/05/2009FrenchPDF
Abridged model31/12/200723/05/200820/06/2008FrenchPDF
Abridged model31/12/200626/04/200716/05/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 30/06/2025

4 active · 26 ended

Active mandates

Olivier LAVEDRINE

Director · since 01 janvier 2024 · until 28 novembre 2030

Active
CARTER SARL

Director · since 30 novembre 2020 · until 20 juin 2025

Active
Pierre Edouard VAN DER CRUISSE DE WAZIERS

Administrateur délégué à la gestion journaliè · since 30 novembre 2020 · until 26 novembre 2026

Active
Martine CABANEL

Director · since 28 novembre 2019 · until 28 novembre 2025

Active

Ended mandates

CARTER SARL

Director · since 30 novembre 2020 · until 26 novembre 2026

Represented by Manette SCHUMANN

Ended
Pierre Edouard VAN DER CRUISSE DE WAZIERS

Managing director · since 30 novembre 2020 · until 26 novembre 2026

Ended
CARTER INVESTMENTS

Director · since 27 novembre 2014 · until 30 novembre 2020

Represented by Olivier LAVEDRINE

Ended
CARTER INVESTMENTS SA

Director · since 27 novembre 2014 · until 30 novembre 2020

Represented by Olivier LAVEDRINE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other24/12/2025
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates24/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring31/12/2024
    DENOMINATION - OBJET - CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates16/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring08/11/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates27/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Mandates21/12/2020
    DEMISSIONS, NOMINATIONS
    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 2025436,9 k €↑
  2. 2025
    Name changeBELGARENA
  3. 2024
    Annual accounts 202411,7 k €↓
  4. 2023
    Annual accounts 2023577,8 k €↑
  5. 2022
    Annual accounts 2022247,8 k €↓
  6. 2022
    Name changeROTON Environnement
  7. 2021
    Annual accounts 2021700,2 k €↑
  8. 2020
    Annual accounts 2020342,6 k €↑
  9. 2019
    Annual accounts 2019210,6 k €↓
  10. 2018
    Annual accounts 2018373,5 k €↓
  11. 2017
    Annual accounts 2017461,2 k €↑
  12. 2016
    Annual accounts 201691,9 k €↑
  13. 2015
    Annual accounts 201522,2 k €↓
  14. 2014
    Annual accounts 201466,2 k €↑
  15. 2012
    Annual accounts 2012-212,4 k €↓
  16. 2011
    Annual accounts 2011-39,4 k €↓
  17. 2010
    Annual accounts 201041,9 k €↑
  18. 2009
    Annual accounts 2009-230,4 k €↑
  19. 2008
    Annual accounts 2008-284,5 k €↓
  20. 2007
    Annual accounts 2007-219,8 k €↓
  21. 2006
    Annual accounts 2006-165,9 k €
  22. 15/12/1994
    IncorporationPublic limited company