ACTIVE

RESOL

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Financial year 2025 · closed on 31/12/2025

Net result

161,9 k €

+118.8% YoY

Gross margin

747,7 k €

+118.6% YoY

Equity

1 M €

+18.7% YoY

Workforce

7,6 ETP

+15.2% YoY

What does RESOL do?

RESOL is a Public limited company incorporated in 2000. Its registered office is in Pelt. It employs on average 7,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.456.505

Incorporation

07/12/2000

Legal form

Public limited company

Registered office

Lieven Bauwenslaan 6
3900 Pelt · FlandreSee on map

Contributed capital

135 000,00 €

Latest accounts

31/12/2025

Average workforce

7,6 ETP

Joint committees (6)

121
14003
14204
200
218
226

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2011		2010		2009		2008		2007
Income statement
Gross margin	747,7 k €	+119%	342 k €	-37.2%	544,7 k €	+28.1%	425,1 k €	+4.5%	406,9 k €	+43.9%	282,9 k €	-47.2%	536 k €	+69.2%	316,9 k €	-9.1%	348,6 k €	+34.4%	259,4 k €	-15.7%	307,8 k €	+17.0%	263 k €	-10.6%	294,2 k €	-13.2%	339 k €	+43.9%	235,5 k €	-17.6%	285,7 k €	+19.7%	238,7 k €	-11.2%	268,7 k €
EBITDA	274,3 k €	+68.7%	162,6 k €	-33.2%	243,4 k €	-0.2%	243,8 k €	+24.4%	196 k €	+59.4%	123 k €	-57.9%	292,1 k €	+310%	71,3 k €	-5.9%	75,7 k €	-39.0%	124,1 k €	+272%	33,4 k €	-46.4%	62,3 k €	-12.4%	71,1 k €	+6.9%	66,5 k €	+30.2%	51,1 k €	-55.1%	113,8 k €	+56.5%	72,7 k €	+6.7%	68,1 k €
Operating result	197,1 k €	+53.6%	128,3 k €	-27.8%	177,8 k €	-11.3%	200,4 k €	+31.8%	152 k €	+101%	75,6 k €	-68.8%	242 k €	+1848%	12,4 k €	-31.1%	18 k €	-74.9%	71,9 k €	+251%	-47,5 k €	-718%	7,7 k €	+41.4%	5,4 k €	+116%	-33,2 k €	+39.6%	-55,1 k €	-381%	19,6 k €	+38.3%	14,1 k €	-19.0%	17,5 k €
Net result	161,9 k €	+119%	74 k €	-39.8%	122,9 k €	-15.1%	144,8 k €	+26.1%	114,8 k €	+123%	51,4 k €	-70.3%	173,2 k €	+632%	23,6 k €	+34.7%	17,6 k €	-76.1%	73,4 k €	+260%	-45,8 k €	-5848%	797,2 €	-30.8%	1,2 k €	+103%	-41 k €	+30.6%	-59 k €	-853%	7,8 k €	+42.3%	5,5 k €	-27.0%	7,5 k €
Balance sheet
Equity	1 M €	+18.7%	865,5 k €	+9.3%	791,5 k €	+18.4%	668,7 k €	+27.6%	523,9 k €	+28.1%	409,1 k €	+14.4%	357,7 k €	+93.8%	184,5 k €	+14.7%	160,9 k €	+12.2%	143,3 k €	+105%	69,9 k €	-39.6%	115,8 k €	+0.7%	115 k €	+3.9%	110,6 k €	-27.0%	151,6 k €	-28.0%	210,7 k €	+3.9%	202,8 k €	+2.8%	197,3 k €
Total assets	2,1 M €	+16.5%	1,8 M €	-0.7%	1,8 M €	+15.2%	1,6 M €	+5.7%	1,5 M €	+16.1%	1,3 M €	+58.6%	811,8 k €	+42.2%	570,9 k €	+10.9%	514,6 k €	-19.5%	639,1 k €	+37.2%	465,9 k €	+8.8%	428,1 k €	+5.0%	407,7 k €	-41.1%	692,5 k €	-9.6%	765,8 k €	+2.7%	746 k €	+50.0%	497,3 k €	-1.5%	504,7 k €
Cash	618,2 k €	+804%	68,4 k €	-85.4%	468,5 k €	+44.8%	323,6 k €	-56.3%	740,2 k €	+4.9%	705,5 k €	+71.6%	411,1 k €	+97.4%	208,2 k €	+313%	50,4 k €	-62.8%	135,4 k €	+162%	51,7 k €	-18.3%	63,3 k €	+398%	12,7 k €	-84.1%	80,1 k €	+14.5%	69,9 k €	-35.4%	108,2 k €	+38.9%	77,9 k €	-26.5%	106 k €
Debts	1 M €	+23.3%	832,1 k €	-11.8%	943 k €	+14.4%	824,2 k €	-6.1%	877,7 k €	+11.2%	789,3 k €	+105%	385 k €	+11.0%	346,8 k €	+14.0%	304,1 k €	-34.7%	465,8 k €	+19.5%	389,9 k €	+36.1%	286,5 k €	+0.6%	284,7 k €	-51.0%	581,5 k €	-5.3%	614,2 k €	+14.7%	535,3 k €	+81.8%	294,5 k €	-4.2%	307,4 k €
Other
Workforce	7,6 ETP	+15.2%	6,6 ETP	+22.2%	5,4 ETP	+45.9%	3,7 ETP	+8.8%	3,4 ETP	+6.2%	3,2 ETP	-25.6%	4,3 ETP	-27.1%	5,9 ETP	+13.5%	5,2 ETP	+85.7%	2,8 ETP	-22.2%	3,6 ETP	+9.1%	3,3 ETP	-31.3%	4,8 ETP	-12.7%	5,5 ETP	+27.9%	4,3 ETP	+2.4%	4,2 ETP	-6.7%	4,5 ETP	-18.2%	5,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 13 ended

Active mandates

WERKHOFS

Director · since 01 avril 2025 · until 01 avril 2031 · 0743.979.904

Represented by Ward KERKHOFS

Active

Dagda

Managing director · since 29 mars 2023 · until 28 mars 2029 · 0843.921.279

Represented by Raf Rubens

Active

Ended mandates

Quality Management

Director · since 29 mars 2023 · until 01 avril 2025 · 0774.512.732

Represented by Maarten Broens

Ended

Quality Management

Director · since 29 mars 2023 · until 28 mars 2029 · 0774.512.732

Represented by Maarten Broens

Ended

ALGEMENE PARTICIPATIE KERKHOFS

Director · since 30 janvier 2018 · until 30 janvier 2024 · 0449.530.662

Represented by Paul Kerkhofs

Ended

Dagda

Director · since 30 janvier 2018 · until 30 janvier 2024 · 0843.921.279

Represented by Raf Rubens

Ended

At this address

Other companies at this address

Company	CBE no.
Alwabo Wegenbouw● Bankrupt	0405.002.318
APK Recycling● Active	0430.175.105
Q - Academy● Active	0540.910.107
RESOL TRANSPORT● Active	0736.481.606
Serra Infra● Active	0725.920.977

Annual accounts

Full financial information

	2025	2024	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020
Closing of the financial year	31/12/2025	31/12/2024	30/06/2024	30/06/2023	30/06/2022	30/06/2021
Length of the financial year	12 months	6 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	15/07/2025	30/01/2025	26/01/2024	30/01/2023	28/01/2022
General meeting	26/06/2026	27/06/2025	30/12/2024	30/12/2023	30/12/2022	13/12/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	15/07/2025	Dutch	PDF
Abridged model	30/06/2024	30/12/2024	30/01/2025	Dutch	PDF
Abridged model	30/06/2023	30/12/2023	26/01/2024	Dutch	PDF
Abridged model	30/06/2022	30/12/2022	30/01/2023	Dutch	PDF
Abridged model	30/06/2021	13/12/2021	28/01/2022	Dutch	PDF
Abridged model	30/06/2020	14/12/2020	28/12/2020	Dutch	PDF
Abridged model	30/06/2019	22/11/2019	11/12/2019	Dutch	PDF
Abridged model	30/06/2018	28/12/2018	24/01/2019	Dutch	PDF
Abridged model	30/06/2017	08/07/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	09/12/2016	13/02/2017	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	29/08/2013	Dutch	PDF
Abridged model	30/06/2011	16/12/2011	28/02/2012	Dutch	PDF
Abridged model	30/06/2010	17/12/2010	28/02/2011	Dutch	PDF
Abridged model	30/06/2009	18/12/2009	18/02/2010	Dutch	PDF
Abridged model	30/06/2008	19/12/2008	15/02/2009	Dutch	PDF
Abridged model	30/06/2007	21/12/2007	15/02/2008	Dutch	PDF
Abridged model	30/06/2006	15/12/2006	28/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 13 ended

Active mandates

WERKHOFS

Director · since 01 avril 2025 · until 01 avril 2031 · 0743.979.904

Represented by Ward KERKHOFS

Active

Dagda

Managing director · since 29 mars 2023 · until 28 mars 2029 · 0843.921.279

Represented by Raf Rubens

Active

Ended mandates

Quality Management

Director · since 29 mars 2023 · until 01 avril 2025 · 0774.512.732

Represented by Maarten Broens

Ended

Quality Management

Director · since 29 mars 2023 · until 28 mars 2029 · 0774.512.732

Represented by Maarten Broens

Ended

ALGEMENE PARTICIPATIE KERKHOFS

Director · since 30 janvier 2018 · until 30 janvier 2024 · 0449.530.662

Represented by Paul Kerkhofs

Ended

Dagda

Director · since 30 janvier 2018 · until 30 janvier 2024 · 0843.921.279

Represented by Raf Rubens

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other24/12/2024
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates13/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/08/2016
MAATSCHAPPELIJKE ZETEL
PDF
Other12/01/2016
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/08/2012
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025161,9 k €↑
2024
Annual accounts 202474 k €↓
2024
Annual accounts 2024122,9 k €↓
2023
Annual accounts 2023144,8 k €↑
2023
Name changeRESOL
2022
Annual accounts 2022114,8 k €↑
2021
Annual accounts 202151,4 k €↓
2020
Annual accounts 2020173,2 k €↑
2019
Annual accounts 201923,6 k €↑
2018
Annual accounts 201817,6 k €↓
2017
Annual accounts 201773,4 k €↑
2016
Annual accounts 2016-45,8 k €↓
2014
Annual accounts 2014797,2 €↓
2013
Annual accounts 20131,2 k €↑
2013
Name changeRECYCLING SOLUTIONS PUT BOUDEWIJN
2011
Annual accounts 2011-41 k €↑
2010
Annual accounts 2010-59 k €↓
2009
Annual accounts 20097,8 k €↑
2008
Annual accounts 20085,5 k €↓
2007
Annual accounts 20077,5 k €
2007
Name changePUT BOUDEWIJN & ZOON
07/12/2000
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RESOL

Overview

What does RESOL do?

Trend over 18 financial years

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