ACTIVE

SANEL RECYCLING

Financial year 2025 · Closed on 30/09/2025

Net result136,2 k €-79,0 %over 1 year
Revenue8,9 M €-12,8 %over 1 year
Equity4,7 M €+3,0 %over 1 year
Workforce12,1 ETP-0,8 %over 1 year

Identity

Source · BCE/KBO

SANEL RECYCLING is a Private limited company incorporated in 2006. Its registered office is in Eeklo. It employs on average 12,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0880.889.761
Incorporation
18/04/2006
Legal form
Private limited company
Registered office
Nieuwendorpe 53
9900 Eeklo · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
30/09/2025
Average workforce
12,1 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue8,9 M €10,2 M €9,7 M €10,1 M €10,4 M €
EBITDA1,6 M €1,8 M €3,2 M €1,3 M €1,6 M €
Operating result311 k €371,9 k €2 M €256,3 k €620,3 k €
Net result136,2 k €648,3 k €1,4 M €45,9 k €363,9 k €
Balance sheet
Equity4,7 M €4,6 M €3,9 M €2,5 M €2,5 M €
Total assets10,5 M €10,5 M €10,5 M €13,3 M €13,6 M €
Cash296 k €127 k €146,7 k €107,7 k €54,4 k €
Debts5,9 M €5,8 M €6,5 M €10,6 M €11 M €
Other
Workforce12,1 ETP12,2 ETP12,3 ETP15,7 ETP17,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 6 ended

Active mandates

L&A TRANS

Director · since 08 novembre 2025 · 0546.916.781

Represented by Erik Doets

Active
Elias Vandevoorde

Director · since 17 novembre 2023 · until 08 novembre 2025

Active

Ended mandates

ELIAS VANDEVOORDE

Director · since 17 novembre 2023

Ended
Elias VANDEVOORDE

Manager · since 18 avril 2006

Ended
Maria MATTHYS

Manager · since 18 avril 2006

Ended
MARIA MATTYS

Manager · since 18 avril 2006 · until 01 juin 2011

Ended

Other companies at this address

Nieuwendorpe 53 9900 Eeklo
CompanyCBE no.
0871.498.181
L&A TRANS● Active
0546.916.781

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/04/202622/04/202512/04/202407/04/202306/04/202213/04/2021
General meeting27/03/202628/03/202521/03/202430/03/202329/03/202230/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202527/03/202621/04/2026DutchPDF
Full model30/09/202428/03/202522/04/2025DutchPDF
Full model30/09/202321/03/202412/04/2024DutchPDF
Full model30/09/202230/03/202307/04/2023DutchPDF
Full model30/09/202129/03/202206/04/2022DutchPDF
Full model30/09/202030/03/202113/04/2021DutchPDF
Abridged model30/09/201909/03/202024/03/2020DutchPDF
Abridged model30/09/201819/03/201928/03/2019DutchPDF
Abridged model30/09/201712/03/201830/03/2018DutchPDF
Abridged model30/09/201621/03/201728/03/2017DutchPDF
Abridged model30/09/201510/03/201625/03/2016DutchPDF
Abridged model30/09/201423/02/201517/03/2015DutchPDF
Abridged model30/09/201308/03/201431/03/2014DutchPDF
Abridged model30/09/201204/02/201304/03/2013DutchPDF
Abridged model30/09/201104/02/201220/02/2012DutchPDF
Abridged model30/09/201026/02/201123/03/2011DutchPDF
Abridged model30/09/200906/02/201015/02/2010DutchPDF
Abridged model30/09/200823/02/200906/03/2009DutchPDF
Abridged model30/09/200702/02/200808/02/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 6 ended

Active mandates

L&A TRANS

Director · since 08 novembre 2025 · 0546.916.781

Represented by Erik Doets

Active
Elias Vandevoorde

Director · since 17 novembre 2023 · until 08 novembre 2025

Active

Ended mandates

ELIAS VANDEVOORDE

Director · since 17 novembre 2023

Ended
Elias VANDEVOORDE

Manager · since 18 avril 2006

Ended
Maria MATTHYS

Manager · since 18 avril 2006

Ended
MARIA MATTYS

Manager · since 18 avril 2006 · until 01 juin 2011

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2014
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office21/11/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/05/2006
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025136,2 k €↓
  2. 2024
    Annual accounts 2024648,3 k €↓
  3. 2023
    Annual accounts 20231,4 M €↑
  4. 2022
    Annual accounts 202245,9 k €↓
  5. 2021
    Annual accounts 2021363,9 k €↑
  6. 2020
    Annual accounts 2020164,6 k €↓
  7. 2019
    Annual accounts 2019239,7 k €↑
  8. 2018
    Annual accounts 2018156,1 k €↓
  9. 2017
    Annual accounts 2017278 k €↑
  10. 2016
    Annual accounts 2016215,9 k €↑
  11. 2015
    Annual accounts 2015142,4 k €↑
  12. 2014
    Annual accounts 2014123,7 k €↑
  13. 2013
    Annual accounts 2013115,1 k €↑
  14. 2012
    Annual accounts 201295,8 k €↑
  15. 2011
    Annual accounts 201158,8 k €↓
  16. 2010
    Annual accounts 2010285,9 k €↑
  17. 2009
    Annual accounts 2009167,7 k €↑
  18. 2008
    Annual accounts 200830,7 k €↑
  19. 2007
    Annual accounts 200722,4 k €
  20. 18/04/2006
    IncorporationPrivate limited company