ACTIVE

GRCT

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Financial year 2025 · closed on 31/12/2025

Net result

283,7 k €

+17.0% YoY

Revenue

26,2 M €

+17.2% YoY

Equity

3,7 M €

+8.3% YoY

Workforce

63,2 ETP

+13.9% YoY

What does GRCT do?

GRCT is a Private limited company incorporated in 2007. Its main activity is: Collection of non-hazardous waste. Its registered office is in Herenthout. It employs on average 63,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0890.846.812

Incorporation

16/07/2007

Legal form

Private limited company

Registered office

Moerbroek 6
2270 Herenthout · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

63,2 ETP

Activities (NACE)

38110Collection of non-hazardous waste· main 38110Collection of non-hazardous waste 39000Remediation activities and other waste management services 39000Remediation activities and other waste management services 90032Artistic creation 43120Site preparation+2

Joint committees (7)

100
124
140
14003
200
218
226

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	26,2 M €	+17.2%	22,3 M €	+13.7%	19,6 M €	+10.8%	17,7 M €	+17.5%	15,1 M €	+29.6%	11,6 M €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	1,9 M €	+14.5%	1,7 M €	+2.8%	1,6 M €	-5.7%	1,7 M €	+7.1%	1,6 M €	+4.1%	1,5 M €	+102%	764,6 k €	-21.7%	976,5 k €	+32.6%	736,5 k €	-21.1%	933 k €	+47.7%	631,6 k €	+1.0%	625,2 k €	+28.9%	485 k €	+44.3%	336,1 k €	-32.2%	495,8 k €	+46.6%	338,1 k €	+211%	108,7 k €	+1849%	-6,2 k €
Operating result	524,5 k €	+9.2%	480,2 k €	-21.9%	614,6 k €	-30.7%	887,3 k €	-11.2%	999,5 k €	+10.4%	905,3 k €	+570%	135,1 k €	-56.4%	309,8 k €	+17.9%	262,8 k €	-46.1%	487,3 k €	+119%	222,5 k €	-23.5%	291 k €	+215%	92,2 k €	-19.6%	114,8 k €	-37.7%	184,1 k €	+1.4%	181,6 k €	+123%	81,4 k €	+270%	-47,9 k €
Net result	283,7 k €	+17.0%	242,5 k €	-38.2%	392,7 k €	-37.8%	631,4 k €	-13.6%	730,9 k €	+12.1%	651,9 k €	+567%	97,7 k €	-52.6%	206,2 k €	+39.2%	148,1 k €	-50.1%	296,8 k €	+138%	124,6 k €	-25.1%	166,3 k €	+384%	34,4 k €	-32.9%	51,2 k €	-53.7%	110,5 k €	+1.9%	108,4 k €	+58.2%	68,5 k €	+180%	-86 k €
Balance sheet
Equity	3,7 M €	+8.3%	3,4 M €	+7.6%	3,2 M €	+14.1%	2,8 M €	+29.3%	2,2 M €	+51.3%	1,4 M €	+39.3%	1 M €	+10.6%	923,9 k €	+13.0%	817,7 k €	+9.8%	744,6 k €	+24.6%	597,8 k €	+4.3%	573,2 k €	+40.9%	407 k €	+9.2%	372,6 k €	+15.9%	321,4 k €	+52.4%	210,9 k €	+106%	102,5 k €	+255%	-66 k €
Total assets	13,7 M €	+7.1%	12,8 M €	+17.7%	10,9 M €	+19.7%	9,1 M €	+12.1%	8,1 M €	+31.3%	6,2 M €	+32.0%	4,7 M €	+13.9%	4,1 M €	+2.9%	4 M €	+4.8%	3,8 M €	+20.4%	3,2 M €	+6.4%	3 M €	+4.1%	2,9 M €	+53.5%	1,9 M €	-17.0%	2,2 M €	+86.1%	1,2 M €	+27.5%	946,1 k €	+732%	113,7 k €
Cash	634 k €	+30.6%	485,3 k €	+7.9%	449,8 k €	-8.0%	489,1 k €	-2.9%	503,5 k €	+73.4%	290,5 k €	+99.8%	145,4 k €	+23.6%	117,6 k €	-31.6%	171,9 k €	-5.5%	181,9 k €	-5.7%	192,9 k €	+1.0%	191 k €	+111%	90,5 k €	+95.4%	46,3 k €	-22.8%	60 k €	-5.0%	63,1 k €	+83.5%	34,4 k €	+217718%	15,8 €
Debts	9,8 M €	+5.9%	9,3 M €	+21.8%	7,6 M €	+22.6%	6,2 M €	+5.4%	5,9 M €	+25.1%	4,7 M €	+30.1%	3,6 M €	+14.1%	3,2 M €	+0.3%	3,2 M €	+3.6%	3,1 M €	+19.2%	2,6 M €	+6.9%	2,4 M €	-2.0%	2,5 M €	+64.5%	1,5 M €	-22.5%	1,9 M €	+93.2%	995,3 k €	+18.0%	843,6 k €	+369%	179,7 k €
Other
Workforce	63,2 ETP	+13.9%	55,5 ETP	+12.3%	49,4 ETP	+15.7%	42,7 ETP	+0.7%	42,4 ETP	+10.7%	38,3 ETP	+12.3%	34,1 ETP	+13.3%	30,1 ETP	+12.3%	26,8 ETP	+25.2%	21,4 ETP	+25.9%	17,0 ETP	+31.8%	12,9 ETP	+16.2%	11,1 ETP	+4.7%	10,6 ETP	0.0%	10,6 ETP	+14.0%	9,3 ETP	+20.8%	7,7 ETP	+250%	2,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Yves Maes

Director · since 25 janvier 2024

Active

Geert Roelans

Director · since 24 janvier 2024

Active

Ended mandates

Geert Roelans

Director · since 25 janvier 2024

Ended

Geert Roelans

Manager · since 23 octobre 2009

Ended

Christine Schaeken

Manager · until 18 février 2008

Ended

Geert Roelans

Director

Ended

At this address

Other companies at this address

Company	CBE no.
AZmat● Active	0835.678.259

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	01/07/2026	03/07/2025	24/06/2024	03/07/2023	17/06/2022	18/06/2021
General meeting	30/06/2026	02/07/2025	20/06/2024	30/06/2023	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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	01/07/2026	Dutch	PDF
Full model	31/12/2024	02/07/2025	03/07/2025	Dutch	PDF
Full model	31/12/2023	20/06/2024	24/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	03/07/2023	Dutch	PDF
Full model	31/12/2021	16/06/2022	17/06/2022	Dutch	PDF
Full model	31/12/2020	17/06/2021	18/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/07/2020	16/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	21/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	13/08/2013	Dutch	PDF
Abridged model	31/12/2011	16/05/2012	21/05/2012	Dutch	PDF
Abridged model	31/12/2010	16/06/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	19/02/2010	01/03/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	30/06/2009	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Yves Maes

Director · since 25 janvier 2024

Active

Geert Roelans

Director · since 24 janvier 2024

Active

Ended mandates

Geert Roelans

Director · since 25 janvier 2024

Ended

Geert Roelans

Manager · since 23 octobre 2009

Ended

Christine Schaeken

Manager · until 18 février 2008

Ended

Geert Roelans

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/01/2024
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2022
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates17/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2009
BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office07/05/2008
Verplaatsing maatschappelijke zetel
PDF
Mandates07/05/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other24/07/2007
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025283,7 k €↑
2024
Annual accounts 2024242,5 k €↓
2023
Annual accounts 2023392,7 k €↓
2022
Annual accounts 2022631,4 k €↓
2021
Annual accounts 2021730,9 k €↑
2020
Annual accounts 2020651,9 k €↑
2019
Annual accounts 201997,7 k €↓
2018
Annual accounts 2018206,2 k €↑
2017
Annual accounts 2017148,1 k €↓
2016
Annual accounts 2016296,8 k €↑
2015
Annual accounts 2015124,6 k €↓
2014
Annual accounts 2014166,3 k €↑
2013
Annual accounts 201334,4 k €↓
2012
Annual accounts 201251,2 k €↓
2011
Annual accounts 2011110,5 k €↑
2010
Annual accounts 2010108,4 k €↑
2009
Annual accounts 200968,5 k €↑
2008
Annual accounts 2008-86 k €
16/07/2007
IncorporationPrivate 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

GRCT

Overview

What does GRCT do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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