Shred-it Belgium
0463.036.725 · rovalta.com · 25/09/2026
ACTIVE
Shred-it Belgium
Financial year 2024 · Closed on 31/12/2024
Net result672,9 k €-29,4 %over 1 year
Gross margin1,6 M €-8,2 %over 1 year
Equity1,1 M €-85,5 %over 1 year
Workforce9,2 ETP-15,6 %over 1 year
Overview
Identity
Source · BCE/KBOShred-it Belgium is a Public limited company incorporated in 1998. Its main activity is: Sewerage. Its registered office is in Forest. It employs on average 9,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0463.036.725
- Incorporation
- 03/04/1998
- Legal form
- Public limited company
- Registered office
- Rue Bollinckx 310
1190 Forest · BruxellesSee on map - Contributed capital
- 279 638,87 €
- Latest accounts
- 31/12/2024
- Average workforce
- 9,2 ETP
Activities (NACE)
Joint committees (4)
- 142
- 14203
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 19 filingsTrend over 16 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,6 M € | -8.2% | 1,8 M € | +2.7% | 1,7 M € | +20.5% | 1,4 M € | +3.6% | 1,4 M € |
| EBITDA | 844,3 k € | -18.8% | 1 M € | +5.9% | 981,6 k € | +80.9% | 542,7 k € | -24.6% | 719,4 k € |
| Operating result | 619,6 k € | -35.7% | 962,9 k € | +9.5% | 879,4 k € | +93.2% | 455,1 k € | -28.9% | 639,9 k € |
| Net result | 672,9 k € | -29.4% | 953,4 k € | +33.1% | 716,1 k € | +124% | 320,3 k € | -33.2% | 479,8 k € |
| Balance sheet | |||||||||
| Equity | 1,1 M € | -85.5% | 7,6 M € | +14.3% | 6,6 M € | +12.1% | 5,9 M € | +5.7% | 5,6 M € |
| Total assets | 1,7 M € | -78.7% | 8,1 M € | +8.7% | 7,5 M € | +10.9% | 6,8 M € | +9.8% | 6,1 M € |
| Cash | 782,2 k € | +213% | 249,9 k € | -0.5% | 251,1 k € | -20.3% | 315,1 k € | +145% | 128,8 k € |
| Debts | 400,7 k € | +19.5% | 335,3 k € | -42.1% | 579 k € | +5.1% | 550,9 k € | +49.2% | 369,3 k € |
| Other | |||||||||
| Workforce | 9,2 ETP | -15.6% | 10,9 ETP | -10.7% | 12,2 ETP | 0.0% | 12,2 ETP | -5.4% | 12,9 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20242 active · 24 ended
Active mandates
TOBY BLACK
ActiveDANIEL GINNETTI
ActiveEnded mandates
DANIEL GINNETTI
EndedDANIEL GINNETTI
EndedWILLIAM SEWARD
EndedWILLIAM SEWARD
EndedFinancials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/05/2025 | 26/05/2024 | 15/06/2023 | 26/06/2022 | 28/06/2021 | 04/09/2020 |
| General meeting | 07/05/2025 | 24/05/2024 | 13/06/2023 | 31/05/2022 | 18/06/2021 | 02/05/2020 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 07/05/2025 | 27/05/2025 | French | |
| Abridged model | 31/12/2023 | 24/05/2024 | 26/05/2024 | French | |
| Abridged model | 31/12/2022 | 13/06/2023 | 15/06/2023 | French | |
| Abridged model | 31/12/2021 | 31/05/2022 | 26/06/2022 | French | |
| Abridged model | 31/12/2020 | 18/06/2021 | 28/06/2021 | French | |
| Abridged model | 31/12/2019 | 02/05/2020 | 04/09/2020 | French | |
| Abridged model | 31/12/2018 | 30/06/2019 | 10/10/2019 | French | |
| Abridged model | 31/12/2017 | 30/06/2018 | 21/03/2019 | French | |
| Abridged model | 31/12/2016 | 30/06/2017 | 15/12/2017 | French | |
| Abridged model | 31/12/2015 | 06/05/2016 | 29/06/2016 | French | |
| Abridged model | 31/12/2014 | 14/01/2016 | 15/01/2016 | French | |
| Abridged model | 31/12/2013 | 28/05/2015 | 29/05/2015 | French | |
| Abridged model | 31/12/2012 | 27/09/2013 | 28/10/2013 | French | |
| Abridged model | 31/12/2011 | 04/05/2012 | 22/10/2012 | French | |
| Abridged model | 30/09/2010 | 11/03/2011 | 21/03/2011 | French | |
| Abridged model | 30/09/2009 | 12/01/2010 | 29/07/2010 | French | |
| Abridged model | 30/09/2008 | 13/01/2009 | 11/03/2009 | French | |
| Abridged model | 30/09/2007 | 08/01/2008 | 08/04/2008 | French | |
| Abridged model | 30/09/2006 | 09/01/2007 | 27/02/2007 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20242 active · 24 ended
Active mandates
TOBY BLACK
ActiveDANIEL GINNETTI
ActiveEnded mandates
DANIEL GINNETTI
EndedDANIEL GINNETTI
EndedWILLIAM SEWARD
EndedWILLIAM SEWARD
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates26/03/2026DEMISSIONS, NOMINATIONS
- Mandates26/05/2025DEMISSIONS, NOMINATIONS
- Mandates28/11/2024DEMISSIONS, NOMINATIONS
- Other28/11/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates07/10/2022DEMISSIONS, NOMINATIONS
- Mandates09/09/2021DEMISSIONS, NOMINATIONS
- Mandates03/08/2021DEMISSIONS, NOMINATIONS
- Mandates23/07/2021DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024672,9 k €↓
- 2023Annual accounts 2023953,4 k €↑
- 2022Annual accounts 2022716,1 k €↑
- 2021Annual accounts 2021320,3 k €↓
- 2020Annual accounts 2020479,8 k €↓
- 2019Annual accounts 2019785,8 k €↓
- 2018Annual accounts 2018868 k €↑
- 2017Annual accounts 2017613,1 k €↓
- 2016Annual accounts 2016614 k €↑
- 2015Annual accounts 2015218,7 k €↓
- 2014Annual accounts 2014514,3 k €↑
- 2013Annual accounts 2013254,8 k €↑
- 2012Annual accounts 2012100,5 k €↓
- 2012Name changeSHRED-IT BELGIUM
- 2009Annual accounts 2009433 k €↑
- 2008Annual accounts 2008298,3 k €↑
- 2007Annual accounts 2007244,5 k €
- 2007Name changeMOBILE SHREDDING Belux
- 03/04/1998IncorporationPublic limited company