ACTIVE

Sodecon

Financial year 2025 · closed on 31/12/2025
Net result
382 k €
-7.7% YoY
Gross margin
1,2 M €
+42.6% YoY
Equity
1 M €
+54.5% YoY
Workforce
5,8 ETP
+87.1% YoY

What does Sodecon do?

Sodecon is a Public limited company incorporated in 2017. Its main activity is: Remediation activities and other waste management services. Its registered office is in Niel. It employs on average 5,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0678.753.243
Incorporation
20/07/2017
Legal form
Public limited company
Registered office
Galileilaan 15
2845 Niel · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
5,8 ETP
Joint committees (2)
  • 100
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin1,2 M €841,7 k €503,8 k €44,3 k €172,8 k €170 k €138,1 k €59,3 k €
EBITDA786,3 k €638,2 k €421,8 k €42,9 k €159,7 k €169,2 k €138 k €57,8 k €
Operating result554 k €549,4 k €399,7 k €16,8 k €137,3 k €132,2 k €91,6 k €5,5 k €
Net result382 k €414,1 k €294,8 k €11,3 k €108,2 k €122,5 k €66,4 k €2 k €
Balance sheet
Equity1 M €672,3 k €465,2 k €170,3 k €159 k €110,9 k €88,4 k €22 k €
Total assets3,7 M €2,4 M €917,4 k €499,9 k €552 k €383,4 k €664 k €217,1 k €
Cash893,5 k €406,5 k €213,9 k €99,1 k €184,4 k €207 k €252,1 k €98,2 k €
Debts2,1 M €1,6 M €382,2 k €309,6 k €345,8 k €267,5 k €564 k €175,3 k €
Other
Workforce5,8 ETP3,1 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

De Bodemchirurg

Director · since 28 septembre 2020 · until 16 juin 2026 · 0676.937.759

Represented by Hans BAILLIEUL

Active
Dhoye

Director · since 28 septembre 2020 · until 16 juin 2026 · 0729.626.278

Represented by Wouter MOORS

Active

Ended mandates

De Bodemchirurg

Director · 0676.937.759

Represented by Hans BAILLIEUL

Ended
De Bodemchirurg

Manager · 0676.937.759

Represented by Hans BAILLIEUL

Ended
Dhoye

Director · 0729.626.278

Represented by Wouter MOORS

Ended
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Annual accounts

Full financial information

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 date25/03/202619/06/202524/06/202421/06/202324/06/202218/06/2021
General meeting09/03/202617/06/202518/06/202420/06/202321/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/03/202625/03/2026DutchPDF
Abridged model31/12/202417/06/202519/06/2025DutchPDF
Abridged model31/12/202318/06/202424/06/2024DutchPDF
Abridged model31/12/202220/06/202321/06/2023DutchPDF
Abridged model31/12/202121/06/202224/06/2022DutchPDF
Abridged model31/12/202015/06/202118/06/2021DutchPDF
Abridged model31/12/201916/06/202007/07/2020DutchPDF
Micro model31/12/201818/06/201921/06/2019DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

De Bodemchirurg

Director · since 28 septembre 2020 · until 16 juin 2026 · 0676.937.759

Represented by Hans BAILLIEUL

Active
Dhoye

Director · since 28 septembre 2020 · until 16 juin 2026 · 0729.626.278

Represented by Wouter MOORS

Active

Ended mandates

De Bodemchirurg

Director · 0676.937.759

Represented by Hans BAILLIEUL

Ended
De Bodemchirurg

Manager · 0676.937.759

Represented by Hans BAILLIEUL

Ended
Dhoye

Director · 0729.626.278

Represented by Wouter MOORS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/07/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025382 k €
  2. 2024
    Annual accounts 2024414,1 k €
  3. 2023
    Annual accounts 2023294,8 k €
  4. 2022
    Annual accounts 202211,3 k €
  5. 2021
    Annual accounts 2021108,2 k €
  6. 2020
    Annual accounts 2020122,5 k €
  7. 2019
    Annual accounts 201966,4 k €
  8. 2018
    Annual accounts 20182 k €
  9. 20/07/2017
    IncorporationPublic limited company