ACTIVE

ANTWERP RECYCLING COMPANY

Financial year 2025 · Closed on 31/12/2025

Net result1 M €+16,1 %over 1 year

Revenue3,5 M €-1,1 %over 1 year

Equity724 k €+66,9 %over 1 year

Identity

Source · BCE/KBO

ANTWERP RECYCLING COMPANY is a Public limited company incorporated in 2003. Its main activity is: Sewerage. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0480.213.049
Incorporation: 13/05/2003
Legal form: Public limited company
Registered office: Poldervlietweg 3
2030 Antwerpen · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

37200Sewerage· main 38210Treatment and disposal of non-hazardous waste 38323Recovery of sorted materials 38110Collection of non-hazardous waste 38110Collection of non-hazardous waste 38213Treatment and disposal of non-hazardous waste+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	3,5 M €	-1.1%	3,6 M €	+12.8%	3,2 M €	+14.7%	2,8 M €	-4.4%	2,9 M €
EBITDA	1,4 M €	+15.1%	1,2 M €	+1.7%	1,2 M €	+43.9%	835,7 k €	-33.4%	1,3 M €
Operating result	1,3 M €	+15.2%	1,2 M €	-0.2%	1,2 M €	+54.4%	759,9 k €	-33.7%	1,1 M €
Net result	1 M €	+16.1%	865,5 k €	-1.3%	877,1 k €	+55.0%	565,7 k €	-34.1%	858,7 k €
Balance sheet
Equity	724 k €	+66.9%	433,7 k €	+0.4%	432 k €	-42.8%	754,9 k €	+28.1%	589,2 k €
Total assets	1,8 M €	+7.8%	1,7 M €	+8.9%	1,6 M €	+9.9%	1,4 M €	-28.8%	2 M €
Cash	735,1 k €	+5.2%	699 k €	-4.6%	733 k €	+170%	272 k €	-75.2%	1,1 M €
Debts	1,1 M €	-12.3%	1,3 M €	+12.1%	1,1 M €	+68.6%	676,7 k €	-52.4%	1,4 M €
Other
Workforce	–		–		–		0,6 ETP	+100%	0,3 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 31/12/2025

4 active · 27 ended

Active mandates

Marijke VANHOOYMISSEN

Director · since 29 novembre 2024 · until 13 mai 2030

Active

Benny DE SUTTER

Director · since 13 mai 2024 · until 13 mai 2030

Active

Gert MENNES

Director · since 13 mai 2024 · until 08 mai 2028

Active

Yves AERTSSEN

Director · since 13 mai 2024 · until 08 mai 2028

Active

Ended mandates

Gert MENNES

Director · since 09 mai 2022 · until 08 mai 2028

Ended

Yves AERTSSEN

Director · since 09 mai 2022 · until 08 mai 2028

Ended

GREGORIUS AERTSSEN

Director · since 10 mai 2021 · until 10 mai 2027

Ended

Sabine VAN MEEL

Director · since 10 mai 2021 · until 29 novembre 2024

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/07/2026	29/06/2025	23/05/2024	01/08/2023	11/08/2022	18/05/2021
General meeting	11/05/2026	12/05/2025	13/05/2024	08/05/2023	09/05/2022	10/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/05/2026	06/07/2026	Dutch	PDF
Full model	31/12/2024	12/05/2025	29/06/2025	Dutch	PDF
Full model	31/12/2023	13/05/2024	23/05/2024	Dutch	PDF
Full model	31/12/2022	08/05/2023	01/08/2023	Dutch	PDF
Full model	31/12/2021	09/05/2022	11/08/2022	Dutch	PDF
Full model	31/12/2020	10/05/2021	18/05/2021	Dutch	PDF
Full model	31/12/2019	11/05/2020	13/08/2020	Dutch	PDF
Full model	31/12/2018	13/05/2019	24/05/2019	Dutch	PDF
Full model	31/12/2017	14/05/2018	06/06/2018	Dutch	PDF
Full model	31/12/2016	08/05/2017	18/05/2017	Dutch	PDF
Full model	31/12/2015	09/05/2016	30/05/2016	Dutch	PDF
Full model	31/12/2014	11/05/2015	13/05/2015	Dutch	PDF
Full model	31/12/2013	12/05/2014	13/05/2014	Dutch	PDF
Full model	31/12/2012	13/05/2013	13/06/2013	Dutch	PDF
Full model	31/12/2011	14/05/2012	24/05/2012	Dutch	PDF
Full model	31/12/2010	09/05/2011	30/05/2011	Dutch	PDF
Full model	31/12/2009	15/04/2010	01/06/2010	Dutch	PDF
Full model	31/12/2008	16/04/2009	28/05/2009	Dutch	PDF
Full model	31/12/2007	13/05/2008	20/08/2008	Dutch	PDF
Full model	31/12/2006	14/05/2007	22/05/2007	Dutch	PDF

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 31/12/2025

4 active · 27 ended

Active mandates

Marijke VANHOOYMISSEN

Director · since 29 novembre 2024 · until 13 mai 2030

Active

Benny DE SUTTER

Director · since 13 mai 2024 · until 13 mai 2030

Active

Gert MENNES

Director · since 13 mai 2024 · until 08 mai 2028

Active

Yves AERTSSEN

Director · since 13 mai 2024 · until 08 mai 2028

Active

Ended mandates

Gert MENNES

Director · since 09 mai 2022 · until 08 mai 2028

Ended

Yves AERTSSEN

Director · since 09 mai 2022 · until 08 mai 2028

Ended

GREGORIUS AERTSSEN

Director · since 10 mai 2021 · until 10 mai 2027

Ended

Sabine VAN MEEL

Director · since 10 mai 2021 · until 29 novembre 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2025
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates21/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other28/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF
Mandates28/06/2023
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 20251 M €↑
2024
Annual accounts 2024865,5 k €↓
2023
Annual accounts 2023877,1 k €↑
2022
Annual accounts 2022565,7 k €↓
2021
Annual accounts 2021858,7 k €↑
2020
Annual accounts 2020702,5 k €↓
2019
Annual accounts 2019767,9 k €↑
2018
Annual accounts 2018724,6 k €↑
2017
Annual accounts 2017-363,6 k €↓
2016
Annual accounts 2016-363,3 k €↓
2015
Annual accounts 201582 k €↑
2014
Annual accounts 201434,8 k €↓
2013
Annual accounts 2013273 k €↑
2012
Annual accounts 201281,4 k €↓
2011
Annual accounts 2011212,6 k €↑
2010
Annual accounts 201011 k €↑
2009
Annual accounts 2009-769,6 €↓
2008
Annual accounts 200873,1 k €
13/05/2003
IncorporationPublic limited company

ANTWERP RECYCLING COMPANY

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline