ACTIVE

PSR

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Financial year 2025 · Closed on 31/12/2025

Net result932,5 k €+248,6 %over 1 year
Revenue2,2 M €+272,1 %over 1 year
Equity33,6 M €+0,5 %over 1 year
Workforce3,5 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

PSR is a Public limited company incorporated in 2001. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Aalst. It employs on average 3,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.155.776
Incorporation
23/11/2001
Legal form
Public limited company
Registered office
Tragel 60
9308 Aalst · FlandreSee on map
Contributed capital
30 000 000,00 €
Latest accounts
31/12/2025
Average workforce
3,5 ETP
Joint committees (2)
  • 100
  • 218
Signals
ProfitablePositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue2,2 M €595,1 k €5,9 M €6 M €5,8 M €
EBITDA-303 k €-1 M €1,6 M €180,8 k €2,4 M €
Operating result-962,3 k €-1,1 M €939,8 k €1 M €2,3 M €
Net result932,5 k €-627,5 k €2,2 M €2 M €1,3 M €
Balance sheet
Equity33,6 M €33,4 M €34,1 M €33,2 M €32,4 M €
Total assets142,1 M €74,9 M €49,4 M €43 M €44,2 M €
Cash3,6 M €109,7 k €208,5 k €3,5 M €3,6 M €
Debts108,1 M €41,5 M €15,4 M €9,6 M €10,9 M €
Other
Workforce3,5 ETP3,5 ETP3,8 ETP3,8 ETP3,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
JDN1033.865.689Represented by Julie De Nul
Managing director23/02/2026 → 17/06/2031
Jan De Nul0406.041.406Represented by Jan Pieter Jozef De Nul
Managing director27/06/2019 → 17/06/2031Director24/11/2014 → 2019 accountsended
Paul Lievens
Director28/07/2011 → 17/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Julie De Nul
Director27/06/2019 → 2022 accounts
Jan Pieter Jozef De Nul
Managing director27/06/2013 → 2017 accounts

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Tragel 60 9308 Aalst
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CORTORIA● Active
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Cuesmes Triage● Active
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Denderoever● Active
0808.778.476
Denderoever Properties I● Active
0728.947.080
Denderoever Properties II● Active
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DOCK-SITE● Active
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Envisan● Active
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Hortus Conclusus● Active
0774.334.073
HORTUS CONCLUSUS FACILITATOR● Active
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Jan De Nul● Active
0406.041.406
Jan De Nul Dredging● Active
0419.146.797

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date08/07/202610/07/202502/07/202430/06/202315/07/202206/07/2021
General meeting26/06/202626/06/202525/06/202423/06/202328/06/202222/06/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202608/07/2026DutchPDF
Full model31/12/202426/06/202510/07/2025DutchPDF
Full model31/12/202325/06/202402/07/2024DutchPDF
Full model31/12/202223/06/202330/06/2023DutchPDF
Full modelCorrection31/12/202128/06/202215/07/2022DutchPDF
Full model31/12/202128/06/202201/07/2022DutchPDF
Full model31/12/202022/06/202106/07/2021DutchPDF
Full model31/12/201924/06/202013/07/2020DutchPDF
Full model31/12/201826/06/201905/07/2019DutchPDF
Full model31/12/201707/06/201806/07/2018DutchPDF
Full model31/12/201623/05/201722/06/2017DutchPDF
Full model31/12/201523/05/201622/06/2016DutchPDF
Full model31/12/201406/07/201503/08/2015DutchPDF
Full model31/12/201312/06/201430/06/2014DutchPDF
Full model31/12/201215/04/201320/06/2013DutchPDF
Full model31/12/201114/06/201204/07/2012DutchPDF
Abridged model31/12/201029/08/201116/09/2011DutchPDF
Abridged model31/12/200910/06/201010/11/2010DutchPDF
Abridged model31/12/200811/06/200908/07/2009DutchPDF
Abridged model30/09/200803/02/200917/03/2009DutchPDF
Abridged model30/09/200726/02/200821/04/2008DutchPDF
Abridged model30/09/200606/02/200708/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2025

3 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
JDN1033.865.689Represented by Julie De Nul
Managing director23/02/2026 → 17/06/2031
Jan De Nul0406.041.406Represented by Jan Pieter Jozef De Nul
Managing director27/06/2019 → 17/06/2031Director24/11/2014 → 2019 accountsended
Paul Lievens
Director28/07/2011 → 17/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Julie De Nul
Director27/06/2019 → 2022 accounts
Jan Pieter Jozef De Nul
Managing director27/06/2013 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares26/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - KAPITAAL - AANDELEN
    PDF
  • Mandates07/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
JDN
Jan De Nul
Paul Lievens
Julie De Nul
Jan Pieter Jozef De Nul
Patrick Van Speybroeck
ALCOTRA
Joris Goossens
2001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
PSRPSR Brownfield Developers
Tragel 60, 9308 Gijzegem
Managing director
Managing directorDirector
Director
Director
Managing director
Managing director
DirectorManaging director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Tragel 60, 9308 GijzegemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00292661

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PSRCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00292661
PSR Brownfield Developers
accounts 2008 → 2022
Accounts 2022 · 2023-00200037
PSR
accounts 2007
Accounts 2007 · 2008-11200090

Events

  1. 23/02/2026
    nominationJDN · bestuurder
  2. 23/02/2026
    nominationJDN · gedelegeerd bestuurder
  3. 2025
    Annual accounts 2025932,5 k €↑
  4. 26/06/2025
    reconductionJan De Nul NV · bestuurder
  5. 26/06/2025
    reconductionJulie De Nul · bestuurder
  6. 26/06/2025
    reconductionPaul Lievens · bestuurder
  7. 26/06/2025
    nominationJan De Nul NV · gedelegeerd bestuurder
  8. 26/06/2025
    nominationJulie De Nul · gedelegeerd bestuurder
  9. 2024
    Annual accounts 2024-627,5 k €↓
  10. 01/10/2024
    nominationSam Vander Vennet · wettelijke vertegenwoordiger van de commissaris
  11. 25/06/2024
    reconductionBDO Bedrijfsrevisoren BV · commissaris
  12. 09/02/2024
    nominationJan De Nul · bestuurder
  13. 09/02/2024
    nominationDE NUL Julie · bestuurder
  14. 09/02/2024
    nominationLIEVENS Paul · bestuurder
  15. 2023
    Annual accounts 20232,2 M €↑
  16. 2023
    Name changePSR
  17. 2022
    Annual accounts 20222 M €↑
  18. 2021
    Annual accounts 20211,3 M €↓
  19. 2020
    Annual accounts 20201,9 M €↑
  20. 2019
    Annual accounts 2019-153,8 k €↑
  21. 2018
    Annual accounts 2018-231,2 k €↓
  22. 2017
    Annual accounts 20171,5 M €↑
  23. 2016
    Annual accounts 2016488,2 k €↑
  24. 2015
    Annual accounts 2015-611,2 k €↓
  25. 2014
    Annual accounts 2014-368,5 k €↓
  26. 2011
    Annual accounts 2011-25 k €↓
  27. 2010
    Annual accounts 201025,7 k €↓
  28. 2009
    Annual accounts 200928,8 k €↑
  29. 2008
    Annual accounts 2008-28,8 k €↓
  30. 2008
    Annual accounts 2008555,5 k €↑
  31. 2008
    Name changePSR Brownfield Developers
  32. 2007
    Annual accounts 2007-301,6 k €
  33. 23/11/2001
    IncorporationPublic limited company