ACTIVE

KRINKELS

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Financial year 2025 · closed on 30/04/2025

Net result

12,8 M €

+1.7% YoY

Revenue

145,9 M €

+15.0% YoY

Equity

38,4 M €

+21.4% YoY

Workforce

724,8 ETP

+7.4% YoY

What does KRINKELS do?

KRINKELS is a Public limited company incorporated in 2009. Its main activity is: Landscape service activities. Its registered office is in Forest. It employs on average 724,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0821.547.933

Incorporation

17/12/2009

Legal form

Public limited company

Registered office

Rue Emile Pathé 410
1190 Forest · Bruxelles

Contributed capital

2 536 000,00 €

Latest accounts

30/04/2025

Average workforce

724,8 ETP

Activities (NACE)

81300Landscape service activities· main 81300Landscape service activities 42110Construction of roads and motorways 42110Construction of roads and motorways

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	145,9 M €	+15.0%	126,8 M €	+2.9%	123,2 M €	+29.5%	95,1 M €	+0.3%	94,8 M €	+1.0%	93,9 M €	-9.9%	104,2 M €	+16.8%	89,2 M €	+19.3%	74,8 M €	+7.5%	69,5 M €	-0.9%	70,2 M €	+3.0%	68,1 M €	-1.6%	69,2 M €	-7.9%	75,1 M €	+12.5%	66,7 M €
EBITDA	27,8 M €	+17.6%	23,6 M €	-6.1%	25,2 M €	+18.1%	21,3 M €	-11.4%	24 M €	+16.0%	20,7 M €	+20.6%	17,2 M €	+47.0%	11,7 M €	+13.4%	10,3 M €	-4.4%	10,8 M €	+4.8%	10,3 M €	+17.6%	8,7 M €	+20.2%	7,3 M €	-5.3%	7,7 M €	+0.2%	7,7 M €
Operating result	17,6 M €	+2.1%	17,2 M €	-13.4%	19,9 M €	+24.2%	16 M €	-13.0%	18,4 M €	+18.8%	15,5 M €	+24.1%	12,5 M €	+74.2%	7,2 M €	+14.9%	6,2 M €	-8.8%	6,8 M €	-8.5%	7,5 M €	+37.8%	5,4 M €	+43.9%	3,8 M €	+12.2%	3,4 M €	-0.1%	3,4 M €
Net result	12,8 M €	+1.7%	12,6 M €	-14.4%	14,7 M €	+23.7%	11,9 M €	-12.6%	13,6 M €	+26.0%	10,8 M €	+23.9%	8,7 M €	+85.1%	4,7 M €	+12.3%	4,2 M €	-11.4%	4,7 M €	+19.6%	3,9 M €	+10.9%	3,6 M €	+18.3%	3 M €	+10.3%	2,7 M €	+15.1%	2,4 M €
Balance sheet
Equity	38,4 M €	+21.4%	31,6 M €	+65.9%	19 M €	+3.6%	18,4 M €	+2.0%	18 M €	+3.2%	17,5 M €	+4.6%	16,7 M €	+11.3%	15 M €	-0.0%	15 M €	-0.1%	15 M €	-0.2%	15,1 M €	-0.4%	15,1 M €	+0.4%	15,1 M €	+0.1%	15 M €	-1.8%	15,3 M €
Total assets	74,2 M €	-5.8%	78,8 M €	+9.6%	71,8 M €	+26.0%	57 M €	+6.3%	53,6 M €	-4.3%	56 M €	+8.1%	51,8 M €	+15.5%	44,8 M €	+15.8%	38,7 M €	+1.9%	38 M €	+0.2%	37,9 M €	+7.4%	35,3 M €	-1.9%	36 M €	-11.0%	40,4 M €	+9.9%	36,8 M €
Cash	8 M €	+7.8%	7,5 M €	+7.5%	6,9 M €	-25.1%	9,3 M €	+13.2%	8,2 M €	-13.5%	9,4 M €	+53.9%	6,1 M €	+105%	3 M €	+8.3%	2,8 M €	-11.5%	3,1 M €	-8.6%	3,4 M €	-5.6%	3,6 M €	-35.5%	5,6 M €	+59.4%	3,5 M €	+519%	570,1 k €
Debts	35,4 M €	-24.7%	47,1 M €	-10.6%	52,7 M €	+36.6%	38,6 M €	+8.6%	35,5 M €	-7.8%	38,5 M €	+9.9%	35 M €	+17.6%	29,8 M €	+26.0%	23,6 M €	+3.5%	22,9 M €	+0.6%	22,7 M €	+15.0%	19,8 M €	-2.0%	20,2 M €	-17.7%	24,5 M €	+17.6%	20,8 M €
Other
Workforce	724,8 ETP	+7.4%	674,7 ETP	+14.8%	587,8 ETP	+9.7%	536,0 ETP	+1.8%	526,3 ETP	+1.7%	517,4 ETP	+2.8%	503,4 ETP	+4.7%	480,9 ETP	+3.7%	463,8 ETP	+3.0%	450,4 ETP	-1.1%	455,6 ETP	-5.0%	479,8 ETP	-3.9%	499,4 ETP	+3.6%	482,0 ETP	+4.5%	461,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/04/2025 · 3 active · 9 ended

Active mandates

ELKARIJ BV

Director · since 24 octobre 2024 · until 24 octobre 2030

Represented by MCJM KRINKELS

Active

Peter LOYENS

Director · since 24 octobre 2024 · until 24 octobre 2030

Active

KRINKELS ONROEREND GOED bv

Director · since 15 décembre 2020 · until 24 octobre 2024

Represented by PCM VAN BOESCHOTTEN

Active

Ended mandates

KRINKELS ONROERDEN GOED bv

Director · since 15 décembre 2020 · until 26 octobre 2025

Represented by PCM VAN BOESCHOTTEN

Ended

KRINKELS ONROEREND GOED bv

Director · since 15 décembre 2020 · until 26 octobre 2025

Represented by PCM VAN BOESCHOTTEN

Ended

ELKARIJ BV

Director · since 22 octobre 2020 · until 26 octobre 2025

Represented by MCJM KRINKELS

Ended

ELKARIJ BV

Director · since 26 octobre 2015 · until 26 octobre 2020

Represented by MCJM KRINKELS

Ended

At this address

Other companies at this address

Company	CBE no.
KRINKELS GREENCARE● Active	0457.071.225

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/05/2024	01/05/2023	01/05/2022	01/05/2021	01/05/2020	01/05/2019
Closing of the financial year	30/04/2025	30/04/2024	30/04/2023	30/04/2022	30/04/2021	30/04/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/10/2025	06/11/2024	20/10/2023	14/10/2022	22/09/2021	23/10/2020
General meeting	27/10/2025	06/09/2024	05/09/2023	09/09/2022	03/09/2021	22/10/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

32 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/04/2025	27/10/2025	27/10/2025	French	PDF
Full model	30/04/2025	27/10/2025	27/10/2025	Dutch	PDF
Full model	30/04/2024	06/09/2024	06/11/2024	Dutch	PDF
Full model	30/04/2024	06/09/2024	24/10/2024	French	PDF
Full model	30/04/2023	05/09/2023	20/10/2023	Dutch	PDF
Full model	30/04/2023	05/09/2023	20/10/2023	French	PDF
Full model	30/04/2022	09/09/2022	14/10/2022	French	PDF
Full model	30/04/2022	09/09/2022	14/10/2022	Dutch	PDF
Full model	30/04/2021	03/09/2021	22/09/2021	Dutch	PDF
Full model	30/04/2021	03/09/2021	22/09/2021	French	PDF
Full model	30/04/2020	22/10/2020	23/10/2020	French	PDF
Full model	30/04/2020	22/10/2020	23/10/2020	Dutch	PDF
Full model	30/04/2019	24/10/2019	28/10/2019	Dutch	PDF
Full model	30/04/2019	24/10/2019	28/10/2019	French	PDF
Full model	30/04/2018	22/10/2018	25/10/2018	Dutch	PDF
Full model	30/04/2018	22/10/2018	25/10/2018	French	PDF
Full model	30/04/2017	23/10/2017	26/10/2017	Dutch	PDF
Full model	30/04/2017	23/10/2017	26/10/2017	French	PDF
Full model	30/04/2016	24/10/2016	26/10/2016	Dutch	PDF
Full model	30/04/2016	24/10/2016	26/10/2016	French	PDF
Full model	30/04/2015	26/10/2015	18/11/2015	French	PDF
Full model	30/04/2015	26/10/2015	18/11/2015	Dutch	PDF
Full model	30/04/2014	27/10/2014	28/10/2014	Dutch	PDF
Full model	30/04/2014	27/10/2014	28/10/2014	French	PDF

View all 32 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 30/04/2025 · 3 active · 9 ended

Active mandates

ELKARIJ BV

Director · since 24 octobre 2024 · until 24 octobre 2030

Represented by MCJM KRINKELS

Active

Peter LOYENS

Director · since 24 octobre 2024 · until 24 octobre 2030

Active

KRINKELS ONROEREND GOED bv

Director · since 15 décembre 2020 · until 24 octobre 2024

Represented by PCM VAN BOESCHOTTEN

Active

Ended mandates

KRINKELS ONROERDEN GOED bv

Director · since 15 décembre 2020 · until 26 octobre 2025

Represented by PCM VAN BOESCHOTTEN

Ended

KRINKELS ONROEREND GOED bv

Director · since 15 décembre 2020 · until 26 octobre 2025

Represented by PCM VAN BOESCHOTTEN

Ended

ELKARIJ BV

Director · since 22 octobre 2020 · until 26 octobre 2025

Represented by MCJM KRINKELS

Ended

ELKARIJ BV

Director · since 26 octobre 2015 · until 26 octobre 2020

Represented by MCJM KRINKELS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2024
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Mandates04/11/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates26/01/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates26/01/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates15/01/2021
ONTSLAGEN - BENOEMINGEN
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

15/12/2025
nominationDeloitte Bedrijfsrevisoren CVBA — commissaris-revisor
2025
Annual accounts 202512,8 M €↑
2024
Annual accounts 202412,6 M €↓
2023
Annual accounts 202314,7 M €↑
09/09/2022
reconductionCLEYMANS Dirk — commissaire
09/09/2022
reconductionDeloitte Bedrijfsrevisoren CVBA — commissaris
2022
Annual accounts 202211,9 M €↓
2021
Annual accounts 202113,6 M €↑
2020
Annual accounts 202010,8 M €↑
2019
Annual accounts 20198,7 M €↑
2018
Annual accounts 20184,7 M €↑
2017
Annual accounts 20174,2 M €↓
2016
Annual accounts 20164,7 M €↑
2015
Annual accounts 20153,9 M €↑
2014
Annual accounts 20143,6 M €↑
2013
Annual accounts 20133 M €↑
2012
Annual accounts 20122,7 M €↑
2011
Annual accounts 20112,4 M €
17/12/2009
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KRINKELS

Overview

What does KRINKELS do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

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