ACTIVE

VAN LATHEM - GALMART RECYCLING

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Financial year 2025 · Closed on 31/12/2025

Net result386,4 k €+185,0 %over 1 year
Gross margin892,2 k €+22,2 %over 1 year
Equity1,8 M €+26,7 %over 1 year
Workforce3,8 ETP-20,8 %over 1 year

Identity

Source · BCE/KBO

VAN LATHEM - GALMART RECYCLING is a Public limited company incorporated in 2003. Its registered office is in Halle. It employs on average 3,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.912.349
Incorporation
02/04/2003
Legal form
Public limited company
Registered office
Brusselsesteenweg 400
1500 Halle · FlandreSee on map
Contributed capital
211 018,53 €
Latest accounts
31/12/2025
Average workforce
3,8 ETP
Joint committees (1)
  • 124
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin892,2 k €730,4 k €488,6 k €555,8 k €548 k €
EBITDA681,4 k €509,9 k €318,7 k €364,5 k €372,4 k €
Operating result497,6 k €173,1 k €-30,3 k €49,7 k €-9,9 k €
Net result386,4 k €135,6 k €534,6 €36,9 k €6,4 k €
Balance sheet
Equity1,8 M €1,4 M €1,3 M €1,3 M €1,3 M €
Total assets2,1 M €1,8 M €1,8 M €1,9 M €2 M €
Cash144,8 k €380,6 k €220,4 k €365,3 k €291,6 k €
Debts184,7 k €285,9 k €468,9 k €611 k €719,8 k €
Other
Workforce3,8 ETP4,8 ETP4,0 ETP4,0 ETP4,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 21 ended

Active mandates

Goderik Van Lathem

Director · since 29 juin 2022

Active

Ended mandates

Chantal Galmart

Lid van de directieraad · since 28 janvier 2020 · until 29 juin 2022

Ended
Chantal Galmart

Director · since 21 juin 2013 · until 02 juin 2019

Ended
GALMART - VAN LATHEM

Managing director · since 21 juin 2013 · until 02 juin 2019 · 0451.046.436

Represented by Goderik Van Lathem

Ended
GALMART - VAN LATHEM

Managing director · since 21 juin 2013 · until 02 juin 2019 · 0451.046.436

Represented by Goderik Van Lathem

Ended

Other companies at this address

Brusselsesteenweg 400 1500 Halle
CompanyCBE no.
LATNET● Active
0787.651.381
VAN LATHEM GALMART LOGISTICS● Active
0535.655.873
VAN LATHEM GALMART SUPPORT● Active
0400.896.941
VAN LATHEM GALMART TRANSPORT● Active
0535.656.071

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date15/07/202622/07/202509/07/202428/07/202329/07/202230/07/2021
General meeting19/06/202620/06/202521/06/202430/06/202330/06/202230/06/2021
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 model31/12/202519/06/202615/07/2026DutchPDF
Abridged model31/12/202420/06/202522/07/2025DutchPDF
Abridged model31/12/202321/06/202409/07/2024DutchPDF
Abridged model31/12/202230/06/202328/07/2023DutchPDF
Abridged model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202030/06/202130/07/2021DutchPDF
Abridged model31/12/201930/06/202031/07/2020DutchPDF
Abridged model31/12/201803/06/201903/07/2019DutchPDF
Abridged model31/12/201730/06/201831/07/2018DutchPDF
Abridged model31/12/201630/06/201706/07/2017DutchPDF
Abridged model31/12/201530/06/201628/07/2016DutchPDF
Abridged model31/12/201430/06/201524/07/2015DutchPDF
Abridged model31/12/201330/06/201423/07/2014DutchPDF
Abridged model31/12/201214/06/201314/06/2013DutchPDF
Abridged model31/12/201102/06/201222/06/2012DutchPDF
Abridged model31/12/201003/06/201114/06/2011DutchPDF
Abridged model31/12/200930/06/201028/07/2010DutchPDF
Abridged model31/12/200802/06/200902/07/2009DutchPDF
Abridged model31/12/200721/06/200817/07/2008DutchPDF
Abridged model31/12/200621/06/200719/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 21 ended

Active mandates

Goderik Van Lathem

Director · since 29 juin 2022

Active

Ended mandates

Chantal Galmart

Lid van de directieraad · since 28 janvier 2020 · until 29 juin 2022

Ended
Chantal Galmart

Director · since 21 juin 2013 · until 02 juin 2019

Ended
GALMART - VAN LATHEM

Managing director · since 21 juin 2013 · until 02 juin 2019 · 0451.046.436

Represented by Goderik Van Lathem

Ended
GALMART - VAN LATHEM

Managing director · since 21 juin 2013 · until 02 juin 2019 · 0451.046.436

Represented by Goderik Van Lathem

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring17/01/2014
    PARTIELE SPLITSING - verkrijgende vennootschap
    PDF
  • Restructuring15/10/2013
    PARTIELE SPLITSING - SPLITSINGSVOORSTEL
    PDF
  • Other05/07/2013
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office18/01/2008
    MAATSCHAPPELIJKE ZETEL
    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 2025386,4 k €↑
  2. 2024
    Annual accounts 2024135,6 k €↑
  3. 2023
    Annual accounts 2023534,6 €↓
  4. 2023
    Name changeVLG RECYCLING
  5. 2022
    Annual accounts 202236,9 k €↑
  6. 2021
    Annual accounts 20216,4 k €↓
  7. 2020
    Annual accounts 202032,2 k €↓
  8. 2019
    Annual accounts 2019140,6 k €↓
  9. 2018
    Annual accounts 2018208 k €↑
  10. 2017
    Annual accounts 201766,9 k €↑
  11. 2016
    Annual accounts 201635,7 k €↑
  12. 2015
    Annual accounts 20153,5 k €↓
  13. 2014
    Annual accounts 201410,5 k €↑
  14. 2013
    Annual accounts 20134,7 k €↓
  15. 2013
    Name changeVAN LATHEM GALMART RECYCLING
  16. 2012
    Annual accounts 201288,8 k €↑
  17. 2011
    Annual accounts 201180,3 k €↑
  18. 2010
    Annual accounts 201065,8 k €↓
  19. 2009
    Annual accounts 2009115,8 k €↑
  20. 2008
    Annual accounts 200883,1 k €↑
  21. 2007
    Annual accounts 200744,2 k €↑
  22. 2006
    Annual accounts 200635,7 k €
  23. 2006
    Name changeVAN LATHEM - GALMART
  24. 02/04/2003
    IncorporationPublic limited company