ACTIVE

SORTBAT

Financial year 2025 · closed on 31/12/2025
Net result
53,5 k €
+116.0% YoY
Gross margin
2,5 M €
+63.4% YoY
Equity
2,1 M €
+2.6% YoY
Workforce
24,9 ETP
+15.8% YoY

What does SORTBAT do?

SORTBAT is a Public limited company incorporated in 2010. Its main activity is: Collection of hazardous waste. Its registered office is in Tienen. It employs on average 24,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0828.198.272
Incorporation
28/07/2010
Legal form
Public limited company
Registered office
Walstraat 5
3300 Tienen · FlandreSee on map
Contributed capital
1 750 000,00 €
Latest accounts
31/12/2025
Average workforce
24,9 ETP
Joint committees (2)
  • 100
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120182017201620152014201320122011
Income statement
Gross margin2,5 M €1,5 M €1,7 M €1,5 M €1,2 M €1,1 M €1 M €875,8 k €1 M €942,3 k €828 k €745,3 k €704 k €
EBITDA509,2 k €-101,5 k €123,8 k €99,8 k €212 k €254,3 k €337,7 k €232,2 k €266,3 k €311,1 k €267,3 k €277,1 k €318,7 k €
Operating result11,9 k €-331 k €-16,8 k €-8,2 k €133 k €64,6 k €136,7 k €25 k €39,8 k €87,1 k €44,4 k €66,7 k €65 k €
Net result53,5 k €-333,6 k €-35,7 k €-24,7 k €86 k €33,6 k €85,3 k €20,2 k €37,2 k €73,3 k €45,8 k €64,8 k €69,4 k €
Balance sheet
Equity2,1 M €2 M €2,4 M €2,4 M €2,4 M €2,2 M €2,1 M €2,1 M €2 M €2 M €1,9 M €1,9 M €1,8 M €
Total assets9,8 M €2,9 M €3,3 M €3,2 M €2,8 M €2,6 M €2,4 M €2,4 M €2,3 M €2,4 M €2,1 M €2,1 M €2,1 M €
Cash101,4 k €957,5 k €1,8 M €2,2 M €1,9 M €1,5 M €1,5 M €1,1 M €855 k €886,1 k €254,3 k €138,8 k €231,1 k €
Debts7,7 M €911,7 k €988,5 k €764,8 k €410,9 k €410,7 k €219,3 k €276,8 k €212,6 k €371,8 k €195,4 k €168,3 k €232,3 k €
Other
Workforce24,9 ETP21,5 ETP19,1 ETP15,9 ETP12,6 ETP12,1 ETP10,8 ETP10,1 ETP10,8 ETP10,3 ETP9,1 ETP8,0 ETP7,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

U R FUTURE

Persoon belast met dagelijks bestuur · since 07 mai 2024 · 0695.692.116

Represented by Daniel CHARET

Active
Peter Coonen

Managing director · since 16 mai 2022 · until 27 avril 2028

Active
Yves Van Doren

Director · since 16 mai 2022 · until 27 avril 2028

Active

Ended mandates

Peter Coonen

Managing director · since 16 mai 2022 · until 15 mai 2028

Ended
Yves Van Doren

Director · since 16 mai 2022 · until 15 mai 2028

Ended
.Peter Coonen

Managing director · since 14 juin 2016 · until 16 mai 2022

Ended
.Yves Van Doren

Director · since 14 juin 2016 · until 16 mai 2022

Ended
At this address

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0778.871.495
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/06/202620/05/202523/05/202416/05/202319/05/202226/04/2021
General meeting16/06/202624/04/202525/04/202424/04/202316/05/202208/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202624/06/2026DutchPDF
Abridged model31/12/202424/04/202520/05/2025DutchPDF
Abridged model31/12/202325/04/202423/05/2024DutchPDF
Abridged model31/12/202224/04/202316/05/2023DutchPDF
Abridged model31/12/202116/05/202219/05/2022DutchPDF
Abridged model31/12/202008/04/202126/04/2021DutchPDF
Abridged model31/12/201919/03/202027/05/2020DutchPDF
Abridged model31/12/201808/04/201917/04/2019DutchPDF
Abridged model31/12/201701/06/201827/06/2018DutchPDF
Abridged model31/12/201608/06/201703/07/2017DutchPDF
Abridged model31/12/201514/06/201614/07/2016DutchPDF
Abridged model31/12/201419/03/201505/05/2015DutchPDF
Abridged model31/12/201313/05/201412/06/2014DutchPDF
Abridged model31/12/201231/05/201311/06/2013DutchPDF
Abridged modelCorrection31/12/201105/04/201225/07/2012DutchPDF
Abridged model31/12/201105/04/201227/04/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

U R FUTURE

Persoon belast met dagelijks bestuur · since 07 mai 2024 · 0695.692.116

Represented by Daniel CHARET

Active
Peter Coonen

Managing director · since 16 mai 2022 · until 27 avril 2028

Active
Yves Van Doren

Director · since 16 mai 2022 · until 27 avril 2028

Active

Ended mandates

Peter Coonen

Managing director · since 16 mai 2022 · until 15 mai 2028

Ended
Yves Van Doren

Director · since 16 mai 2022 · until 15 mai 2028

Ended
.Peter Coonen

Managing director · since 14 juin 2016 · until 16 mai 2022

Ended
.Yves Van Doren

Director · since 14 juin 2016 · until 16 mai 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/08/2026
    (Her-)benoemingen van bestuurders en rekeningcommissaris in het
    PDF
  • Mandates09/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates28/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2016
    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

Timeline

  1. 2025
    Annual accounts 202553,5 k €
  2. 2024
    Annual accounts 2024-333,6 k €
  3. 2023
    Annual accounts 2023-35,7 k €
  4. 2022
    Annual accounts 2022-24,7 k €
  5. 2021
    Annual accounts 202186 k €
  6. 2018
    Annual accounts 201833,6 k €
  7. 2017
    Annual accounts 201785,3 k €
  8. 2016
    Annual accounts 201620,2 k €
  9. 2015
    Annual accounts 201537,2 k €
  10. 2014
    Annual accounts 201473,3 k €
  11. 2013
    Annual accounts 201345,8 k €
  12. 2012
    Annual accounts 201264,8 k €
  13. 2011
    Annual accounts 201169,4 k €
  14. 28/07/2010
    IncorporationPublic limited company