GRWestkust
0878.197.418 · rovalta.com · 23/09/2026
ACTIVE
GRWestkust
Financial year 2025 · closed on 31/12/2025
Net result
278,8 k €
-31.6% YoY
Gross margin
744,7 k €
-55.0% YoY
Equity
1,4 M €
-0.5% YoY
Workforce
2,1 ETP
-16.0% YoY
Overview
What does GRWestkust do?
GRWestkust is a Public limited company incorporated in 2005. Its main activity is: Treatment and disposal of hazardous waste. Its registered office is in Diksmuide. It employs on average 2,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0878.197.418
Incorporation
26/12/2005
Legal form
Public limited company
Registered office
Cardijnlaan(D) 12
8600 Diksmuide · FlandreSee on map
8600 Diksmuide · FlandreSee on map
Contributed capital
1 161 860,93 €
Latest accounts
31/12/2025
Average workforce
2,1 ETP
Activities (NACE)
Joint committees (3)
- 124
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 744,7 k € | -55.0% | 1,7 M € | +38.5% | 1,2 M € | +23.7% | 964,9 k € | -1.5% | 980 k € | +68.3% | 582,2 k € | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||
| EBITDA | 477,2 k € | -65.7% | 1,4 M € | +44.7% | 961,6 k € | +49.3% | 644 k € | -2.4% | 659,9 k € | +49.7% | 440,8 k € | +62.9% | 270,6 k € | +17.6% | 230,1 k € | -41.3% | 392,2 k € | -16.5% | 469,8 k € | +5.2% | 446,5 k € | +33.4% | 334,6 k € | -0.7% | 337 k € | +88.7% | 178,6 k € | +386% | -62,5 k € | -143% | 144,5 k € | +390% | 29,5 k € | -81.0% | 155,5 k € |
| Operating result | 410,1 k € | -26.1% | 555,1 k € | +43.9% | 385,8 k € | +44.6% | 266,7 k € | +58.5% | 168,3 k € | -42.9% | 294,7 k € | +85.1% | 159,2 k € | +7.7% | 147,9 k € | -55.8% | 334,6 k € | -11.2% | 376,6 k € | +28.2% | 293,7 k € | +160% | 112,9 k € | +35.2% | 83,5 k € | +189% | -93,4 k € | +75.3% | -377,4 k € | -78.0% | -212 k € | +8.4% | -231,5 k € | -678% | 40 k € |
| Net result | 278,8 k € | -31.6% | 407,4 k € | -9.2% | 448,5 k € | +49.2% | 300,6 k € | -60.0% | 752,1 k € | +263% | 207,4 k € | +109% | 99,4 k € | -28.9% | 139,8 k € | -56.7% | 322,7 k € | -10.7% | 361,4 k € | +43.4% | 252 k € | +377% | 52,8 k € | +178% | 19 k € | +112% | -162,7 k € | +63.8% | -448,9 k € | -55.1% | -289,5 k € | -2.3% | -283,1 k € | -3040% | 9,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 1,4 M € | -0.5% | 1,4 M € | -0.2% | 1,4 M € | -12.7% | 1,6 M € | -48.6% | 3,1 M € | +52.2% | 2 M € | +11.5% | 1,8 M € | +5.8% | 1,7 M € | +9.0% | 1,6 M € | +26.1% | 1,2 M € | +41.2% | 876,5 k € | +40.3% | 624,6 k € | +9.2% | 571,7 k € | +18.3% | 483,5 k € | -25.2% | 646,1 k € | -30.6% | 931,1 k € | -23.7% | 1,2 M € | -18.8% | 1,5 M € |
| Total assets | 4,5 M € | -8.0% | 4,8 M € | -3.5% | 5 M € | +0.3% | 5 M € | +1.5% | 4,9 M € | +11.5% | 4,4 M € | +22.6% | 3,6 M € | +6.1% | 3,4 M € | +23.5% | 2,8 M € | -4.2% | 2,9 M € | +1.8% | 2,8 M € | +14.7% | 2,5 M € | +3.9% | 2,4 M € | -2.7% | 2,4 M € | -0.6% | 2,5 M € | -17.9% | 3 M € | +5.7% | 2,8 M € | +7.9% | 2,6 M € |
| Cash | 1,2 M € | +36.5% | 848,7 k € | -24.8% | 1,1 M € | +20.6% | 936,1 k € | +18.1% | 792,4 k € | +55.3% | 510,3 k € | +31.1% | 389,3 k € | -24.6% | 516,6 k € | -19.9% | 644,8 k € | -15.6% | 764 k € | -6.4% | 816,1 k € | +521% | 131,5 k € | +53.8% | 85,5 k € | -59.2% | 209,5 k € | +327% | 49,1 k € | -19.9% | 61,3 k € | +103% | 30,2 k € | -49.2% | 59,5 k € |
| Debts | 1,5 M € | -9.4% | 1,7 M € | -28.8% | 2,4 M € | -1.2% | 2,4 M € | +182% | 845,3 k € | -19.3% | 1 M € | +137% | 441,1 k € | -8.2% | 480,6 k € | +9.2% | 439,9 k € | -40.3% | 736,4 k € | -36.0% | 1,2 M € | -26.1% | 1,6 M € | -4.8% | 1,6 M € | -6.5% | 1,8 M € | -2.4% | 1,8 M € | +23.4% | 1,5 M € | -4.3% | 1,5 M € | +47.3% | 1 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 2,1 ETP | -16.0% | 2,5 ETP | +25.0% | 2,0 ETP | -44.4% | 3,6 ETP | -21.7% | 4,6 ETP | +229% | 1,4 ETP | +16.7% | 1,2 ETP | -14.3% | 1,4 ETP | -12.5% | 1,6 ETP | 0.0% | 1,6 ETP | 0.0% | 1,6 ETP | -42.9% | 2,8 ETP | -9.7% | 3,1 ETP | +47.6% | 2,1 ETP | -16.0% | 2,5 ETP | 0.0% | 2,5 ETP | -3.8% | 2,6 ETP | +4.0% | 2,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 72 ended
Ended mandates
Financials
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 | 23/07/2026 | 29/08/2025 | 03/07/2024 | 20/07/2023 | 30/06/2022 | 23/06/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 28/06/2024 | 30/06/2023 | 24/06/2022 | 07/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 23/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/06/2025 | 29/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 03/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 20/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 24/06/2022 | 30/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 07/06/2021 | 23/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 08/06/2020 | 16/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 13/06/2019 | 24/06/2019 | Dutch | |
| Full model | 31/12/2017 | 01/06/2018 | 27/06/2018 | Dutch | |
| Full model | 31/12/2016 | 01/06/2017 | 26/06/2017 | Dutch | |
| Full model | 31/12/2015 | 03/06/2016 | 20/06/2016 | Dutch | |
| Full model | 31/12/2014 | 05/06/2015 | 30/06/2015 | Dutch | |
| Full model | 31/12/2013 | 05/06/2014 | 23/06/2014 | Dutch | |
| Full model | 31/12/2012 | 12/06/2013 | 25/06/2013 | Dutch | |
| Full model | 31/12/2011 | 14/06/2012 | 22/06/2012 | Dutch | |
| Full model | 31/12/2010 | 03/06/2011 | 04/07/2011 | Dutch | |
| Full model | 31/12/2009 | 04/06/2010 | 23/06/2010 | Dutch | |
| Full model | 31/12/2008 | 31/03/2009 | 15/05/2009 | Dutch | |
| Full model | 31/12/2007 | 06/06/2008 | 06/08/2008 | Dutch | |
| Full model | 31/12/2006 | 01/06/2007 | 24/10/2007 | Dutch |
Valuation
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.
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
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 72 ended
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates13/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates05/10/2022ONTSLAGEN - BENOEMINGEN
- Mandates28/09/2020ONTSLAGEN - BENOEMINGEN
- Restructuring28/06/2019KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring12/04/2019RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates07/11/2016ONTSLAGEN - BENOEMINGEN
- Mandates17/10/2012ONTSLAGEN - BENOEMINGEN
- Mandates15/12/2010ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025278,8 k €↓
- 2024Annual accounts 2024407,4 k €↓
- 2024Name changeGRWestkust
- 2023Annual accounts 2023448,5 k €↑
- 2022Annual accounts 2022300,6 k €↓
- 2021Annual accounts 2021752,1 k €↑
- 2021Name changeGR WESTKUST
- 2018Annual accounts 2018207,4 k €↑
- 2017Annual accounts 201799,4 k €↓
- 2016Annual accounts 2016139,8 k €↓
- 2015Annual accounts 2015322,7 k €↓
- 2014Annual accounts 2014361,4 k €↑
- 2013Annual accounts 2013252 k €↑
- 2012Annual accounts 201252,8 k €↑
- 2011Annual accounts 201119 k €↑
- 2010Annual accounts 2010-162,7 k €↑
- 2009Annual accounts 2009-448,9 k €↓
- 2008Annual accounts 2008-289,5 k €↓
- 2007Annual accounts 2007-283,1 k €↓
- 2006Annual accounts 20069,6 k €
- 26/12/2005IncorporationPublic limited company