ACTIVE

OUT OF USE

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Financial year 2025 · Closed on 31/12/2025

Net result281,2 k €-28,5 %over 1 year

Gross margin3 M €+36,3 %over 1 year

Equity1,3 M €+11,9 %over 1 year

Workforce33,9 ETP+26,5 %over 1 year

Identity

Source · BCE/KBO

OUT OF USE is a Public limited company incorporated in 2009. Its main activity is: Collection of non-hazardous waste. Its registered office is in Beringen. It employs on average 33,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0817.573.507
Incorporation: 15/07/2009
Legal form: Public limited company
Registered office: Lochtemanweg 40
3580 Beringen · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 33,9 ETP

Activities (NACE)

38110Collection of non-hazardous waste· main 38110Collection of non-hazardous waste 38210Treatment and disposal of non-hazardous waste 38322Recovery of sorted materials

Joint committees (2)

14201
200

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3 M €	+36.3%	2,2 M €	+38.7%	1,6 M €	+24.6%	1,3 M €	+56.2%	806,5 k €
EBITDA	735,3 k €	-4.9%	773,1 k €	+52.7%	506,2 k €	+20.4%	420,5 k €	+91.1%	220 k €
Operating result	446,9 k €	-20.4%	561,3 k €	+61.9%	346,6 k €	+13.4%	305,5 k €	+151%	121,9 k €
Net result	281,2 k €	-28.5%	393,1 k €	+70.9%	230,1 k €	+3.5%	222,2 k €	+252%	63,2 k €
Balance sheet
Equity	1,3 M €	+11.9%	1,2 M €	+49.1%	800,1 k €	+40.4%	570 k €	+63.9%	347,8 k €
Total assets	4,7 M €	+29.8%	3,6 M €	+64.6%	2,2 M €	+37.5%	1,6 M €	+71.3%	937,1 k €
Cash	1,6 M €	+21.6%	1,3 M €	+246%	371,5 k €	+63.1%	227,8 k €	+30.7%	174,3 k €
Debts	2,9 M €	+55.7%	1,9 M €	+38.7%	1,4 M €	+34.6%	1 M €	+72.0%	589,3 k €
Other
Workforce	33,9 ETP	+26.5%	26,8 ETP	+40.3%	19,1 ETP	+19.4%	16,0 ETP	+22.1%	13,1 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

2 active · 16 ended

Active mandates

ADRYAN

Director · since 30 mai 2023 · 0795.141.464

Represented by Yannick Adriaenssens

Active

De Himalaya

Director · since 30 mai 2023 · 0650.844.264

Represented by Marcus Adriaenssens

Active

Ended mandates

De Himalaya

Director · since 30 mai 2023 · 0650.844.264

Represented by Marcus Adriaenssens

Ended

Henricus Adriaenssens

Director · since 25 avril 2022 · until 30 mai 2023

Ended

Marcus Emilius Adriaenssens

Managing director · since 25 avril 2022 · until 30 mai 2023

Ended

Henricus Adriaenssens

Director · since 01 décembre 2016 · until 01 juin 2022

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	30/07/2025	29/08/2024	24/07/2023	28/07/2022	09/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	13/05/2022	14/05/2021
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, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	24/07/2023	Dutch	PDF
Abridged model	31/12/2021	13/05/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	14/05/2021	09/07/2021	Dutch	PDF
Micro modelCorrection	31/12/2019	26/06/2020	21/09/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	22/07/2020	Dutch	PDF
Micro model	31/12/2018	10/05/2019	16/07/2019	Dutch	PDF
Micro model	31/12/2017	28/06/2018	24/07/2018	Dutch	PDF
Micro model	31/12/2016	29/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	08/05/2015	28/07/2015	Dutch	PDF
Abridged model	31/12/2013	23/05/2014	15/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	22/07/2013	Dutch	PDF
Abridged model	31/12/2011	11/05/2012	01/08/2012	Dutch	PDF
Abridged model	31/12/2010	13/05/2011	10/06/2011	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

2 active · 16 ended

Active mandates

ADRYAN

Director · since 30 mai 2023 · 0795.141.464

Represented by Yannick Adriaenssens

Active

De Himalaya

Director · since 30 mai 2023 · 0650.844.264

Represented by Marcus Adriaenssens

Active

Ended mandates

De Himalaya

Director · since 30 mai 2023 · 0650.844.264

Represented by Marcus Adriaenssens

Ended

Henricus Adriaenssens

Director · since 25 avril 2022 · until 30 mai 2023

Ended

Marcus Emilius Adriaenssens

Managing director · since 25 avril 2022 · until 30 mai 2023

Ended

Henricus Adriaenssens

Director · since 01 décembre 2016 · until 01 juin 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/06/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/03/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/03/2010
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/10/2009
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

2025
Annual accounts 2025281,2 k €↓
2024
Annual accounts 2024393,1 k €↑
2023
Annual accounts 2023230,1 k €↑
2022
Annual accounts 2022222,2 k €↑
2021
Annual accounts 202163,2 k €↓
2020
Annual accounts 202074,1 k €↓
2019
Annual accounts 2019108,8 k €↑
2018
Annual accounts 201853,2 k €↑
2017
Annual accounts 201711 k €↑
2016
Annual accounts 20162,6 k €↓
2015
Annual accounts 20154,7 k €↓
2014
Annual accounts 20149,2 k €↑
2013
Annual accounts 2013462,6 €↓
2012
Annual accounts 20125,6 k €↑
2011
Annual accounts 20115,1 k €↑
2010
Annual accounts 2010-52,3 k €
15/07/2009
IncorporationPublic limited company

OUT OF USE

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