ACTIVE

Ghent Renewables

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Financial year 2025 · Closed on 31/05/2025

Net result333,7 k €-42,0 %over 1 year
Revenue6,8 M €+25,5 %over 1 year
Equity11 M €+2,7 %over 1 year
Workforce14,5 ETP+38,1 %over 1 year

Identity

Source · BCE/KBO

Ghent Renewables is a Public limited company incorporated in 2021. Its main activity is: Treatment and disposal of hazardous waste. Its registered office is in Gent. It employs on average 14,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0771.757.140
Incorporation
27/07/2021
Legal form
Public limited company
Registered office
Christoffel Columbuslaan 35
9042 Gent · FlandreSee on map
Contributed capital
10 000 000,00 €
Latest accounts
31/05/2025
Average workforce
14,5 ETP
Joint committees (1)
  • 207
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Revenue6,8 M €5,4 M €2,6 M €
EBITDA2,9 M €3,1 M €1,3 M €
Operating result611 k €849,3 k €478,1 k €
Net result333,7 k €575 k €174,2 k €
Balance sheet
Equity11 M €10,7 M €10,2 M €
Total assets30,8 M €29,3 M €30,5 M €
Cash418,5 k €2,3 M €8,6 M €
Debts19,7 M €18,5 M €20,3 M €
Other
Workforce14,5 ETP10,5 ETP6,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/05/2025

3 active · 1 ended

Active mandates

Siegfried Cosijns

Director · since 15 novembre 2023 · until 21 octobre 2027

Active
Michel Vande Voorde

Director · since 27 juillet 2021 · until 27 juillet 2027

Active
Yves Bienfet

Managing director · since 27 juillet 2021 · until 27 juillet 2027

Active

Ended mandates

Giovanni Gianni

Director · since 27 juillet 2021 · until 15 novembre 2023

Ended

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Full financial information

Source · NBB
202520242023
Type of accountFull modelFull modelFull model
Start of the financial year01/06/202401/06/202327/07/2021
Closing of the financial year31/05/202531/05/202431/05/2023
Length of the financial year12 months12 months23 months
Filing date04/11/202524/10/202428/11/2023
General meeting31/10/202517/10/202415/11/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/05/202531/10/202504/11/2025DutchPDF
Full model31/05/202417/10/202424/10/2024DutchPDF
Full model31/05/202315/11/202328/11/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/05/2025

3 active · 1 ended

Active mandates

Siegfried Cosijns

Director · since 15 novembre 2023 · until 21 octobre 2027

Active
Michel Vande Voorde

Director · since 27 juillet 2021 · until 27 juillet 2027

Active
Yves Bienfet

Managing director · since 27 juillet 2021 · until 27 juillet 2027

Active

Ended mandates

Giovanni Gianni

Director · since 27 juillet 2021 · until 15 novembre 2023

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/06/2023
    DIVERSEN
    PDF
  • Capital / shares01/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates09/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/07/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025333,7 k €↓
  2. 2024
    Annual accounts 2024575 k €↑
  3. 2023
    Annual accounts 2023174,2 k €
  4. 27/07/2021
    IncorporationPublic limited company