ACTIVE

WEGRO

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Financial year 2025 · closed on 30/09/2025

Net result

333,9 k €

-47.8% YoY

Gross margin

707,9 k €

-45.7% YoY

Equity

2,2 M €

+17.5% YoY

Workforce

2,7 ETP

+28.6% YoY

What does WEGRO do?

WEGRO is a Public limited company incorporated in 2007. Its main activity is: Collection of non-hazardous waste. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 2,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0891.885.108

Incorporation

06/09/2007

Legal form

Public limited company

Registered office

Havinkbeekstraat(VER) 3
9130 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

80 000,00 €

Latest accounts

30/09/2025

Average workforce

2,7 ETP

Activities (NACE)

38110Collection of non-hazardous waste· main 38219Treatment and disposal of non-hazardous waste 39000Remediation activities and other waste management services 38330Materials recovery 49410Freight transport by road 52100Warehousing and storage+3

Joint committees (4)

124
14003
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	707,9 k €	-45.7%	1,3 M €		–		896,9 k €	-4.5%	939,1 k €	+62.0%	579,6 k €	-3.4%	600 k €	-16.9%	721,5 k €	+5.1%	686,8 k €	+7.9%	636,7 k €	+22.2%	520,9 k €	-14.1%	606,8 k €	+29.1%	470,1 k €	+11.2%	422,7 k €	+22.0%	346,5 k €	+2.0%	339,7 k €	-1.0%	343 k €
EBITDA	471,7 k €	-49.4%	931,5 k €	+103%	457,8 k €	-22.7%	592 k €	-7.8%	642,2 k €	+100%	320,3 k €	-16.4%	383,1 k €	-26.5%	521,2 k €	+6.1%	491,3 k €	+7.0%	459,1 k €	+20.9%	379,6 k €	-20.3%	476,4 k €	+33.1%	357,9 k €	+287%	92,5 k €	+29.3%	71,5 k €	+34.3%	53,3 k €	+14.4%	46,6 k €
Operating result	425,8 k €	-49.4%	842 k €	+126%	371,9 k €	-21.4%	473,4 k €	-8.2%	515,9 k €	+133%	221,5 k €	-29.1%	312,2 k €	-32.2%	460,6 k €	+6.1%	434,1 k €	+8.9%	398,6 k €	+21.1%	329 k €	-24.2%	434,3 k €	+30.8%	332,1 k €	+265%	90,9 k €	+276%	24,2 k €	+23.4%	19,6 k €	+72.6%	11,3 k €
Net result	333,9 k €	-47.8%	640,2 k €	+131%	276,6 k €	-19.2%	342,2 k €	-14.6%	400,8 k €	+161%	153,4 k €	-21.9%	196,5 k €	-35.2%	303,4 k €	+9.4%	277,3 k €	+4.7%	264,8 k €	+19.4%	221,7 k €	-22.7%	286,7 k €	+31.7%	217,7 k €	+269%	59,1 k €	+336%	13,5 k €	+30.0%	10,4 k €	+186%	3,6 k €
Balance sheet
Equity	2,2 M €	+17.5%	1,9 M €	+50.5%	1,3 M €	+27.9%	991,4 k €	+4.5%	949,1 k €	+11.9%	848,3 k €	+6.7%	794,9 k €	+6.2%	748,4 k €	+0.5%	745 k €	+24.6%	597,7 k €	+29.1%	462,8 k €	+24.7%	371,1 k €	+45.9%	254,4 k €	+52.6%	166,7 k €	+54.9%	107,6 k €	+14.4%	94,1 k €	+12.5%	83,6 k €
Total assets	3,2 M €	+16.9%	2,7 M €	+61.3%	1,7 M €	-8.1%	1,9 M €	+3.0%	1,8 M €	+28.5%	1,4 M €	+7.9%	1,3 M €	-18.9%	1,6 M €	+10.4%	1,4 M €	+39.0%	1 M €	+6.7%	977 k €	+12.5%	868,6 k €	+7.6%	807,1 k €	+201%	267,8 k €	+6.9%	250,6 k €	+7.0%	234,2 k €	+19.8%	195,4 k €
Cash	733,2 k €	+24.3%	589,8 k €	+25.8%	468,8 k €	+44.0%	325,7 k €	-44.0%	581,5 k €	+139%	243,6 k €	+40.0%	174 k €	-72.4%	630 k €	+254%	177,8 k €	-32.1%	261,9 k €	+83.7%	142,6 k €	-50.0%	285,3 k €	+150%	114 k €	-17.2%	137,8 k €	+359%	30,1 k €	+209%	9,7 k €	-7.7%	10,6 k €
Debts	966,4 k €	+15.4%	837,3 k €	+92.9%	434,1 k €	-49.6%	860,7 k €	+1.4%	849 k €	+54.0%	551,4 k €	+9.7%	502,9 k €	-41.0%	851,8 k €	+21.0%	704,1 k €	+58.3%	444,7 k €	-13.5%	514,2 k €	+3.3%	497,6 k €	-10.0%	552,7 k €	+446%	101,2 k €	-29.3%	143 k €	+2.1%	140,1 k €	+25.4%	111,8 k €
Other
Workforce	2,7 ETP	+28.6%	2,1 ETP	-36.4%	3,3 ETP	-19.5%	4,1 ETP	-2.4%	4,2 ETP	+7.7%	3,9 ETP	+25.8%	3,1 ETP	0.0%	3,1 ETP	0.0%	3,1 ETP	0.0%	3,1 ETP	+34.8%	2,3 ETP	+15.0%	2,0 ETP	+17.6%	1,7 ETP	-75.4%	6,9 ETP	+9.5%	6,3 ETP	+5.0%	6,0 ETP	-16.7%	7,2 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 30/09/2025 · 3 active · 16 ended

Active mandates

CVM Management

Director · since 21 septembre 2023 · until 26 mars 2027 · 0802.924.527

Represented by Chris VAN MIEGHEM

Active

Elmi Adviesbureau

Director · since 21 septembre 2023 · until 26 mars 2027 · 0699.528.366

Represented by Paul VAN DEN HEUVEL

Active

VR-M

Director · since 21 septembre 2023 · until 26 mars 2027 · 0844.757.657

Represented by Christof VAN ROEY

Active

Ended mandates

Elmi Adviesbureau

Managing director · since 19 mai 2022 · 0699.528.366

Represented by Paul VAN DEN HEUVEL

Ended

Chris VAN MIEGHEM

Director · since 01 mai 2022

Ended

EQUO Projects

Director · since 01 décembre 2017 · until 30 novembre 2023 · 0681.773.210

Represented by Stijn Meul

Ended

VR-M

Director · since 01 décembre 2017 · 0844.757.657

Represented by Christof VAN ROEY

Ended

At this address

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VACA IMMO● Active	0508.627.418

Annual accounts

Full financial information

	2025	2024	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/09/2025	30/09/2024	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	21 months	12 months	12 months	12 months	12 months
Filing date	23/04/2026	25/04/2025	19/07/2023	27/06/2022	20/07/2021	06/07/2020
General meeting	27/03/2026	28/03/2025	30/06/2023	20/06/2022	20/06/2021	20/06/2020
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	27/03/2026	23/04/2026	Dutch	PDF
Abridged model	30/09/2024	28/03/2025	25/04/2025	Dutch	PDF
Full model	31/12/2022	30/06/2023	19/07/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	20/06/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	24/07/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	12/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	24/06/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	10/07/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	04/07/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	07/07/2011	Dutch	PDF
Abridged model	31/12/2009	20/06/2010	09/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	10/07/2009	Dutch	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 30/09/2025 · 3 active · 16 ended

Active mandates

CVM Management

Director · since 21 septembre 2023 · until 26 mars 2027 · 0802.924.527

Represented by Chris VAN MIEGHEM

Active

Elmi Adviesbureau

Director · since 21 septembre 2023 · until 26 mars 2027 · 0699.528.366

Represented by Paul VAN DEN HEUVEL

Active

VR-M

Director · since 21 septembre 2023 · until 26 mars 2027 · 0844.757.657

Represented by Christof VAN ROEY

Active

Ended mandates

Elmi Adviesbureau

Managing director · since 19 mai 2022 · 0699.528.366

Represented by Paul VAN DEN HEUVEL

Ended

Chris VAN MIEGHEM

Director · since 01 mai 2022

Ended

EQUO Projects

Director · since 01 décembre 2017 · until 30 novembre 2023 · 0681.773.210

Represented by Stijn Meul

Ended

VR-M

Director · since 01 décembre 2017 · 0844.757.657

Represented by Christof VAN ROEY

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates12/09/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other18/12/2012
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025333,9 k €↓
2024
Annual accounts 2024640,2 k €↑
2022
Annual accounts 2022276,6 k €↓
2021
Annual accounts 2021342,2 k €↓
2020
Annual accounts 2020400,8 k €↑
2019
Annual accounts 2019153,4 k €↓
2018
Annual accounts 2018196,5 k €↓
2017
Annual accounts 2017303,4 k €↑
2016
Annual accounts 2016277,3 k €↑
2015
Annual accounts 2015264,8 k €↑
2014
Annual accounts 2014221,7 k €↓
2013
Annual accounts 2013286,7 k €↑
2012
Annual accounts 2012217,7 k €↑
2011
Annual accounts 201159,1 k €↑
2010
Annual accounts 201013,5 k €↑
2009
Annual accounts 200910,4 k €↑
2008
Annual accounts 20083,6 k €
06/09/2007
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

WEGRO

Overview

What does WEGRO do?

Trend over 17 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