ACTIVE

ECOFER

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Financial year 2025 · closed on 31/12/2025

Net result

224,6 k €

-19.2% YoY

Gross margin

770,9 k €

-12.0% YoY

Equity

650,9 k €

-16.2% YoY

Workforce

5,6 ETP

-11.1% YoY

What does ECOFER do?

ECOFER is a Public limited company incorporated in 2012. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Tournai. It employs on average 5,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0844.192.780

Incorporation

06/03/2012

Legal form

Public limited company

Registered office

Rue Lefebvre-Caters(TOU) 30
7500 Tournai · WallonieSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

5,6 ETP

Activities (NACE)

38210Treatment and disposal of non-hazardous waste· main 38322Recovery of sorted materials 38219Treatment and disposal of non-hazardous waste 38310Dismantling of wrecks 38321Recovery of sorted materials 38329Recovery of sorted materials+1

Joint committees (3)

14201
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	770,9 k €	-12.0%	875,6 k €	+0.6%	870,4 k €	-19.6%	1,1 M €	-2.0%	1,1 M €	+150%	441,9 k €	-5.7%	468,5 k €	-37.2%	746,3 k €	-4.0%	777,3 k €	+56.5%	496,8 k €	+23.4%	402,6 k €	-28.4%	562,3 k €	+632%	76,8 k €
EBITDA	435,4 k €	-10.6%	487,1 k €	-3.9%	506,8 k €	-33.7%	764,1 k €	-3.0%	788,1 k €	+260%	219 k €	+93.6%	113,1 k €	-70.0%	377,5 k €	-25.1%	503,9 k €	+104%	247,5 k €	+4.7%	236,3 k €	-34.2%	359,2 k €	+509%	59 k €
Operating result	314,1 k €	-18.4%	385 k €	-5.9%	409,3 k €	-41.4%	698,3 k €	-2.2%	714,2 k €	+420%	137,3 k €	+11997%	-1,2 k €	-100%	262 k €	-31.1%	380,4 k €	+193%	129,8 k €	-5.6%	137,4 k €	-52.5%	289,4 k €	+683%	-49,6 k €
Net result	224,6 k €	-19.2%	278,1 k €	-7.5%	300,7 k €	-41.3%	512,1 k €	-2.5%	525,4 k €	+448%	95,8 k €	+929%	-11,6 k €	-107%	175,1 k €	-25.9%	236,4 k €	+228%	72,2 k €	-2.6%	74,1 k €	-61.6%	192,6 k €	+358%	-74,6 k €
Balance sheet
Equity	650,9 k €	-16.2%	776,3 k €	-8.5%	848,1 k €	-19.0%	1 M €	+33.4%	785,4 k €	+202%	260 k €	+58.3%	164,2 k €	-6.6%	175,8 k €	-70.7%	600,7 k €	+64.9%	364,3 k €	+24.7%	292,1 k €	+34.0%	218,1 k €	+758%	25,4 k €
Total assets	1,8 M €	+6.9%	1,7 M €	-3.4%	1,8 M €	+3.4%	1,7 M €	-11.9%	2 M €	+42.7%	1,4 M €	+7.5%	1,3 M €	-23.5%	1,7 M €	-2.4%	1,7 M €	+15.7%	1,5 M €	-3.0%	1,5 M €	+7.4%	1,4 M €	+21.8%	1,2 M €
Cash	755,8 k €	+40.3%	538,7 k €	-31.1%	782,3 k €	+24.8%	626,7 k €	-17.3%	757,9 k €	+122%	341,2 k €	+151%	135,7 k €	-74.2%	526,7 k €	+119%	240,4 k €	+166%	90,2 k €	-63.2%	245,2 k €	-14.2%	285,8 k €	+45.7%	196,2 k €
Debts	1,2 M €	+25.6%	941,4 k €	+1.2%	929,8 k €	+38.3%	672,3 k €	-42.3%	1,2 M €	+5.3%	1,1 M €	+0.0%	1,1 M €	-25.5%	1,5 M €	+34.8%	1,1 M €	-0.0%	1,1 M €	-10.1%	1,2 M €	+2.5%	1,2 M €	+5.3%	1,1 M €
Other
Workforce	5,6 ETP	-11.1%	6,3 ETP	+5.0%	6,0 ETP	0.0%	6,0 ETP	-13.0%	6,9 ETP	+4.5%	6,6 ETP	-2.9%	6,8 ETP	+4.6%	6,5 ETP	+22.6%	5,3 ETP	+8.2%	4,9 ETP	+58.1%	3,1 ETP	-26.2%	4,2 ETP	+110%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 27 ended

Active mandates

Audrey POZZA ZORMAR

Director · since 20 juin 2024 · until 20 juin 2030

Active

Céline CANONICO ZORMAR

Director · since 20 juin 2024 · until 20 juin 2030

Active

Joel BLAVIER

Director · since 20 juin 2024 · until 20 juin 2030

Active

Philippe GROSJEAN

Chairman of the board of directors · since 20 juin 2024 · until 20 juin 2030

Active

Pierre François BAREEL

Director · since 20 juin 2024 · until 20 juin 2030

Active

Ended mandates

Audrey POZZA ZORMAR

Director · since 20 juin 2024

Ended

Céline CANONICO ZORMAR

Director · since 20 juin 2024

Ended

Joel BLAVIER

Director · since 20 juin 2024

Ended

Philippe GROSJEAN

Chairman of the board of directors · since 20 juin 2024

Ended

Annual accounts

Full financial information

	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	22/06/2026	08/07/2025	16/07/2024	05/07/2023	01/07/2022	07/10/2021
General meeting	08/06/2026	26/06/2025	20/06/2024	26/06/2023	16/06/2022	17/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/06/2026	22/06/2026	French	PDF
Abridged model	31/12/2024	26/06/2025	08/07/2025	French	PDF
Abridged model	31/12/2023	20/06/2024	16/07/2024	French	PDF
Abridged model	31/12/2022	26/06/2023	05/07/2023	French	PDF
Abridged model	31/12/2021	16/06/2022	01/07/2022	French	PDF
Abridged model	31/12/2020	17/06/2021	07/10/2021	French	PDF
Abridged model	31/12/2019	28/08/2020	16/09/2020	French	PDF
Abridged model	31/12/2018	20/06/2019	26/06/2019	French	PDF
Abridged model	31/12/2017	21/06/2018	03/07/2018	French	PDF
Abridged model	31/12/2016	21/06/2017	03/07/2017	French	PDF
Abridged model	31/12/2015	21/06/2016	13/07/2016	French	PDF
Abridged model	31/12/2014	18/06/2015	29/06/2015	French	PDF
Abridged model	31/12/2013	19/06/2014	23/06/2014	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025 · 5 active · 27 ended

Active mandates

Audrey POZZA ZORMAR

Director · since 20 juin 2024 · until 20 juin 2030

Active

Céline CANONICO ZORMAR

Director · since 20 juin 2024 · until 20 juin 2030

Active

Joel BLAVIER

Director · since 20 juin 2024 · until 20 juin 2030

Active

Philippe GROSJEAN

Chairman of the board of directors · since 20 juin 2024 · until 20 juin 2030

Active

Pierre François BAREEL

Director · since 20 juin 2024 · until 20 juin 2030

Active

Ended mandates

Audrey POZZA ZORMAR

Director · since 20 juin 2024

Ended

Céline CANONICO ZORMAR

Director · since 20 juin 2024

Ended

Joel BLAVIER

Director · since 20 juin 2024

Ended

Philippe GROSJEAN

Chairman of the board of directors · since 20 juin 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/03/2026
DEMISSIONS, NOMINATIONS
PDF
Registered office21/03/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL
PDF
Mandates08/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates24/01/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates11/12/2018
DEMISSIONS, NOMINATIONS
PDF
Other16/03/2012
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 2025224,6 k €↓
2024
Annual accounts 2024278,1 k €↓
2023
Annual accounts 2023300,7 k €↓
2022
Annual accounts 2022512,1 k €↓
2021
Annual accounts 2021525,4 k €↑
2020
Annual accounts 202095,8 k €↑
2019
Annual accounts 2019-11,6 k €↓
2018
Annual accounts 2018175,1 k €↓
2017
Annual accounts 2017236,4 k €↑
2016
Annual accounts 201672,2 k €↓
2015
Annual accounts 201574,1 k €↓
2014
Annual accounts 2014192,6 k €↑
2013
Annual accounts 2013-74,6 k €
06/03/2012
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

ECOFER

Overview

What does ECOFER do?

Trend over 13 financial years

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