ACTIVE

BlueAlp Oostende Recycling

Financial year 2024 · Closed on 31/12/2024

Net result-37,1 M €-56,5 %over 1 year
Revenue2,3 M €-2,7 %over 1 year
Equity-56,4 M €-194,3 %over 1 year
Workforce41,2 ETP-34,1 %over 1 year

Identity

Source · BCE/KBO

BlueAlp Oostende Recycling is a Public limited company incorporated in 2018. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Oostende. It employs on average 41,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0687.746.034
Incorporation
10/01/2018
Legal form
Public limited company
Registered office
Marie Curielaan 10
8400 Oostende · FlandreSee on map
Contributed capital
51 433 663,31 €
Latest accounts
31/12/2024
Average workforce
41,2 ETP
Joint committees (3)
  • 14204
  • 200
  • 20000
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20242023202220212020
Income statement
Revenue2,3 M €2,4 M €1,2 M €1,7 M €1,6 M €
EBITDA-27,5 M €-15,1 M €-13 M €-12,1 M €-6,6 M €
Operating result-32,8 M €-20,6 M €-18 M €-16,7 M €-7,2 M €
Net result-37,1 M €-23,7 M €-20,3 M €-18,3 M €-8,1 M €
Balance sheet
Equity-56,4 M €-19,2 M €4,7 M €1 M €-6,3 M €
Total assets27,1 M €61,5 M €66,5 M €67 M €55,9 M €
Cash2,6 M €20,3 k €589,1 k €5,3 M €1,5 M €
Debts82,1 M €80,1 M €61,5 M €65,6 M €60 M €
Other
Workforce41,2 ETP62,5 ETP57,4 ETP47,2 ETP28,5 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 13 ended

Active mandates

Gert Vanderseypen

Director · since 30 novembre 2023 · until 07 mai 2029

Active
Rohnny Vanbrabant

Director · since 30 novembre 2023 · until 07 mai 2029

Active

Ended mandates

VCA INVEST

Managing director · since 13 novembre 2018 · until 31 juillet 2021 · 0828.249.247

Represented by Carlo VERMEERSCH

Ended
VCA INVEST

Managing director · since 13 novembre 2018 · until 28 avril 2023 · 0828.249.247

Represented by Carlo VERMEERSCH

Ended
VCA INVEST

Managing director · since 13 novembre 2018 · until 02 mai 2023 · 0828.249.247

Represented by Carlo VERMEERSCH

Ended
VCA INVEST

Managing director · since 13 novembre 2018 · until 02 mai 2023 · 0828.249.247

Represented by Carlo VERMEERSCH

Ended

Other companies at this address

Marie Curielaan 10 8400 Oostende
CompanyCBE no.
0629.721.426
0687.682.488
0687.746.925

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202516/10/202415/06/202313/07/202220/07/202129/07/2020
General meeting17/06/202511/10/202405/06/202329/06/202230/06/202119/06/2020
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202417/06/202502/07/2025DutchPDF
Full model31/12/202311/10/202416/10/2024DutchPDF
Full model31/12/202205/06/202315/06/2023DutchPDF
Full model31/12/202129/06/202213/07/2022DutchPDF
Full model31/12/202030/06/202120/07/2021DutchPDF
Full model31/12/201919/06/202029/07/2020DutchPDF
Abridged model31/12/201827/05/201929/05/2019DutchPDF

Indicative valuation

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 31/12/2024

2 active · 13 ended

Active mandates

Gert Vanderseypen

Director · since 30 novembre 2023 · until 07 mai 2029

Active
Rohnny Vanbrabant

Director · since 30 novembre 2023 · until 07 mai 2029

Active

Ended mandates

VCA INVEST

Managing director · since 13 novembre 2018 · until 31 juillet 2021 · 0828.249.247

Represented by Carlo VERMEERSCH

Ended
VCA INVEST

Managing director · since 13 novembre 2018 · until 28 avril 2023 · 0828.249.247

Represented by Carlo VERMEERSCH

Ended
VCA INVEST

Managing director · since 13 novembre 2018 · until 02 mai 2023 · 0828.249.247

Represented by Carlo VERMEERSCH

Ended
VCA INVEST

Managing director · since 13 novembre 2018 · until 02 mai 2023 · 0828.249.247

Represented by Carlo VERMEERSCH

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/04/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Capital / shares09/02/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares09/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates16/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 30/03/2026
    nominationAlbert Boogert — bestuurder
  2. 30/03/2026
    nominationValentijn de Neve — bestuurder
  3. 29/01/2026
    augmentation_capital
  4. 23/12/2025
    augmentation_capital
  5. 09/10/2025
    nominationKlaartje Vermeulen — bestuurder
  6. 09/10/2025
    nominationRodrigo Jardim — bestuurder
  7. 09/10/2025
    nominationChristopher Mc Ardle — bestuurder
  8. 2024
    Annual accounts 2024-37,1 M €↓
  9. 2023
    Annual accounts 2023-23,7 M €↓
  10. 30/11/2023
    nominationRohnny Vanbrabant — bestuurder
  11. 30/11/2023
    nominationGert Vanderseypen — bestuurder
  12. 01/08/2023
    nominationPatrick Houvenaghel — dagelijks bestuurder, lid van het uitvoerend comité en Head of Finance and Support Functicns
  13. 05/06/2023
    reconductionGuy De Clercq — bestuurder en voorzitter van de Raad van Bestuur
  14. 05/06/2023
    reconductionLuc Desender — bestuurder en gedelegeerd bestuurder
  15. 05/06/2023
    nominationBrecht BUYSSCHAERT — commissaris
  16. 01/01/2023
    nominationSaxum Management BV — Head of Finance
  17. 2022
    Annual accounts 2022-20,3 M €↓
  18. 30/12/2022
    augmentation_capital
  19. 01/07/2022
    nominationGert Vanderseypen — dagelijks bestuurder / General Manager
  20. 01/07/2022
    nominationRohnny Vanbrabant — dagelijks bestuurder / Head of Operations
  21. 01/07/2022
    nominationLuc Desender — bestuurder / Head of R&D and NBD
  22. 2021
    Annual accounts 2021-18,3 M €↓
  23. 2020
    Annual accounts 2020-8,1 M €↓
  24. 2019
    Annual accounts 2019-1,1 M €↓
  25. 2018
    Annual accounts 2018-129,9 k €
  26. 10/01/2018
    IncorporationPublic limited company