GLK Recycling
0862.986.531 · rovalta.com · 24/09/2026
ACTIVE
GLK Recycling
Financial year 2025 · Closed on 31/12/2025
Net result
325,8 k €
+212,5 %over 1 yearGross margin
826,6 k €
+108,2 %over 1 yearEquity
532,7 k €
+30,9 %over 1 yearWorkforce
4,2 ETP
+31,3 %over 1 yearOverview
Identity
Source · BCE/KBOGLK Recycling is a Private limited company incorporated in 2004. Its registered office is in Kruisem. It employs on average 4,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0862.986.531
- Incorporation
- 26/01/2004
- Legal form
- Private limited company
- Registered office
- Industriezone(KRU) 38 box A000
9770 Kruisem · FlandreSee on map - Contributed capital
- 50 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 4,2 ETP
Joint committees (2)
- 124
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 21 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 826,6 k € | +108% | 397 k € | +191% | 136,2 k € | -78.5% | 633,9 k € | +8.7% | 583,1 k € |
| EBITDA | 513,7 k € | +245% | 148,8 k € | +620% | 20,7 k € | -94.7% | 387,4 k € | +10.8% | 349,7 k € |
| Operating result | 449,4 k € | +269% | 121,9 k € | +52.8% | 79,8 k € | -62.6% | 213,5 k € | -10.2% | 237,7 k € |
| Net result | 325,8 k € | +212% | 104,3 k € | +83.6% | 56,8 k € | -64.0% | 157,7 k € | -10.1% | 175,3 k € |
| Balance sheet | |||||||||
| Equity | 532,7 k € | +30.9% | 406,9 k € | +15.4% | 352,7 k € | +2.0% | 345,9 k € | +2.3% | 338,2 k € |
| Total assets | 1,5 M € | +9.5% | 1,4 M € | +27.8% | 1,1 M € | +9.9% | 965,6 k € | -4.4% | 1 M € |
| Cash | 299,1 k € | +7.9% | 277,2 k € | +79.8% | 154,2 k € | +14.9% | 134,1 k € | -33.3% | 201,1 k € |
| Debts | 952,5 k € | +3.3% | 921,8 k € | +50.8% | 611,4 k € | +36.5% | 447,8 k € | -24.4% | 592,1 k € |
| Other | |||||||||
| Workforce | 4,2 ETP | +31.3% | 3,2 ETP | +3.2% | 3,1 ETP | -13.9% | 3,6 ETP | -14.3% | 4,2 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 8 ended
Active mandates
Active
Ended mandates
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| 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 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 30/06/2023 | 30/06/2022 | 30/06/2021 |
| Length of the financial year | 12 months | 12 months | 6 months | 12 months | 12 months | 12 months |
| Filing date | 09/07/2026 | 17/07/2025 | 04/07/2024 | 21/12/2023 | 22/12/2022 | 06/01/2022 |
| General meeting | 29/06/2026 | 30/06/2025 | 24/06/2024 | 19/12/2023 | 20/12/2022 | 21/12/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 21 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 29/06/2026 | 09/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/06/2025 | 17/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 24/06/2024 | 04/07/2024 | Dutch | |
| Abridged model | 30/06/2023 | 19/12/2023 | 21/12/2023 | Dutch | |
| Abridged model | 30/06/2022 | 20/12/2022 | 22/12/2022 | Dutch | |
| Abridged model | 30/06/2021 | 21/12/2021 | 06/01/2022 | Dutch | |
| Abridged model | 30/06/2020 | 15/12/2020 | 22/12/2020 | Dutch | |
| Abridged model | 30/06/2019 | 17/12/2019 | 19/12/2019 | Dutch | |
| Abridged model | 30/06/2018 | 18/12/2018 | 20/12/2018 | Dutch | |
| Abridged model | 30/06/2017 | 19/12/2017 | 21/12/2017 | Dutch | |
| Abridged model | 30/06/2016 | 20/12/2016 | 22/12/2016 | Dutch | |
| Abridged model | 30/06/2015 | 15/12/2015 | 23/12/2015 | Dutch | |
| Abridged model | 30/06/2014 | 16/12/2014 | 23/01/2015 | Dutch | |
| Abridged model | 30/06/2013 | 17/12/2013 | 19/12/2013 | Dutch | |
| Abridged model | 30/06/2012 | 18/12/2012 | 21/12/2012 | Dutch | |
| Abridged model | 30/06/2011 | 20/12/2011 | 22/12/2011 | Dutch | |
| Abridged model | 30/06/2010 | 21/12/2010 | 23/12/2010 | Dutch | |
| Abridged model | 30/06/2009 | 15/12/2009 | 17/12/2009 | Dutch | |
| Abridged model | 30/06/2008 | 17/12/2008 | 18/12/2008 | Dutch | |
| Abridged model | 30/06/2007 | 20/12/2007 | 10/01/2008 | Dutch | |
| Abridged model | 30/06/2006 | 21/12/2006 | 04/01/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20251 active · 8 ended
Active mandates
Active
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official GazetteSimilar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025325,8 k €↑
- 2024Annual accounts 2024104,3 k €↑
- 2023Annual accounts 202356,8 k €↓
- 2023Annual accounts 2023157,7 k €↓
- 2023Name changeGLK RECYCLING
- 2022Annual accounts 2022175,3 k €↑
- 2021Annual accounts 202166,9 k €↑
- 2020Annual accounts 202024 k €↓
- 2019Annual accounts 2019136 k €↑
- 2018Annual accounts 201815,3 k €↓
- 2017Annual accounts 201760,9 k €↓
- 2016Annual accounts 201699,8 k €↑
- 2015Annual accounts 201594,2 k €↑
- 2014Annual accounts 201478,8 k €↑
- 2013Annual accounts 2013-7,3 k €↓
- 2012Annual accounts 201210,6 k €↓
- 2011Annual accounts 201119,1 k €↑
- 2010Annual accounts 20108,3 k €↓
- 2009Annual accounts 200932,4 k €↓
- 2008Annual accounts 200864,2 k €↑
- 2007Annual accounts 200748,4 k €
- 2007Name changeGV & T Kruishoutem
- 26/01/2004IncorporationPrivate limited company