ACTIVE

MUNICIPAL WASTE EUROPE

Financial year 2018 · Closed on 31/12/2018

Net result30,9 k €+48,8 %over 1 year
Gross margin91,9 k €+1,0 %over 1 year
Equity150,6 k €+31,3 %over 1 year
Workforce1,2 ETP+20,0 %over 1 year

Identity

Source · BCE/KBO

MUNICIPAL WASTE EUROPE is a International non-profit organization incorporated in 2009. Its main activity is: Activities of professional membership organisations. Its registered office is in Bruxelles. It employs on average 1,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0816.952.509
Incorporation
09/07/2009
Legal form
International non-profit organization
Registered office
Rue d'Arlon 63
1040 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2018
Average workforce
1,2 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20182017201620152014
Income statement
Gross margin91,9 k €91 k €67,9 k €67,2 k €39 k €
EBITDA32,2 k €24,6 k €3,8 k €54,9 k €2 k €
Operating result30,4 k €22,8 k €2,4 k €52,8 k €-547,9 €
Net result30,9 k €20,8 k €3,3 k €52,5 k €-556,4 €
Balance sheet
Equity150,6 k €114,7 k €93,9 k €90,6 k €38,1 k €
Total assets159,2 k €148,9 k €107,3 k €100,5 k €47,7 k €
Cash138,3 k €115,1 k €100,7 k €81,9 k €40,5 k €
Debts8,6 k €34,2 k €11,6 k €8,1 k €1,6 k €
Other
Workforce1,2 ETP1,0 ETP1,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2018

5 active · 12 ended

Active mandates

Martin Ernst Goorhuis

Mandate · since 23 mai 2018 · until 03 juin 2020

Active
Federico Foschini

Mandate · since 16 mai 2017 · until 03 juin 2021

Active
Patrick Hasenkamp

Chairman of the board of directors · since 16 mai 2017 · until 03 juin 2021

Active
Riku Eksyma

Mandate · since 16 mai 2017 · until 03 juin 2021

Active
Vanya Veras De Suys

Mandate · since 16 mai 2017

Active

Ended mandates

Federico Foschini

Vice-chairman of the board of directors · since 16 mai 2017 · until 16 mai 2017

Ended
Patrick Christoph Georg Hasenkamp

Chairman of the board of directors · since 16 mai 2017 · until 16 mai 2019

Ended
Riku Eksymä

Vice-chairman of the board of directors · since 16 mai 2017 · until 16 mai 2019

Ended
Patrick Christoph Georg Hasenkamp

Vice-chairman of the board of directors · since 26 mai 2015 · until 26 mai 2018

Ended

Other companies at this address

Rue d'Arlon 63 1040 Bruxelles
CompanyCBE no.
0724.688.681
0807.928.341
The Essence● Liquidation
0808.583.882

Full financial information

Source · NBB
20182017201620152014
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201801/01/201701/01/201601/01/201501/01/2014
Closing of the financial year31/12/201831/12/201731/12/201631/12/201531/12/2014
Length of the financial year12 months12 months12 months12 months12 months
Filing date10/10/201901/06/201820/04/201831/05/201617/07/2015
General meeting03/06/201904/05/201816/05/201725/05/201626/05/2015
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201803/06/201910/10/2019FrenchPDF
Abridged model31/12/201704/05/201801/06/2018FrenchPDF
Abridged model31/12/201616/05/201720/04/2018FrenchPDF
Abridged model31/12/201525/05/201631/05/2016FrenchPDF
Abridged model31/12/201426/05/201517/07/2015FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2018

5 active · 12 ended

Active mandates

Martin Ernst Goorhuis

Mandate · since 23 mai 2018 · until 03 juin 2020

Active
Federico Foschini

Mandate · since 16 mai 2017 · until 03 juin 2021

Active
Patrick Hasenkamp

Chairman of the board of directors · since 16 mai 2017 · until 03 juin 2021

Active
Riku Eksyma

Mandate · since 16 mai 2017 · until 03 juin 2021

Active
Vanya Veras De Suys

Mandate · since 16 mai 2017

Active

Ended mandates

Federico Foschini

Vice-chairman of the board of directors · since 16 mai 2017 · until 16 mai 2017

Ended
Patrick Christoph Georg Hasenkamp

Chairman of the board of directors · since 16 mai 2017 · until 16 mai 2019

Ended
Riku Eksymä

Vice-chairman of the board of directors · since 16 mai 2017 · until 16 mai 2019

Ended
Patrick Christoph Georg Hasenkamp

Vice-chairman of the board of directors · since 26 mai 2015 · until 26 mai 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other25/03/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Mandates07/02/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/02/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/04/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office14/04/2016
    SIEGE SOCIAL
    PDF
  • Mandates14/04/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/07/2015
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2018
    Annual accounts 201830,9 k €↑
  2. 2017
    Annual accounts 201720,8 k €↑
  3. 2016
    Annual accounts 20163,3 k €↓
  4. 2015
    Annual accounts 201552,5 k €↑
  5. 2014
    Annual accounts 2014-556,4 €
  6. 09/07/2009
    IncorporationInternational non-profit organization