ACTIVE

INDUSTRIAL ORGANIC FUEL

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Financial year 2025 · Closed on 31/03/2025

Net result762,3 k €-23,9 %over 1 year
Gross margin1,7 M €-28,7 %over 1 year
Equity3,4 M €+29,3 %over 1 year
Workforce5,0 ETP+31,6 %over 1 year

Identity

Source · BCE/KBO

INDUSTRIAL ORGANIC FUEL is a Private limited company incorporated in 2008. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Gistel. It employs on average 5,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0896.068.578
Incorporation
22/02/2008
Legal form
Private limited company
Registered office
Rochesterlaan 5
8470 Gistel · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/03/2025
Average workforce
5,0 ETP
Joint committees (3)
  • 119
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 14 filings

Trend over 13 financial years

20252024202220202019
Income statement
Gross margin1,7 M €2,4 M €1,2 M €962,7 k €1,3 M €
EBITDA1,2 M €1,6 M €442,9 k €536,1 k €905,5 k €
Operating result1 M €1,3 M €157,3 k €328,6 k €595,3 k €
Net result762,3 k €1 M €85,1 k €221,7 k €425,6 k €
Balance sheet
Equity3,4 M €2,6 M €1,6 M €1,5 M €1,3 M €
Total assets5,3 M €5,3 M €3,5 M €4 M €3,2 M €
Cash2,2 M €1,7 M €1,3 M €899,7 k €829,1 k €
Debts1,9 M €2,7 M €1,9 M €2,5 M €1,9 M €
Other
Workforce5,0 ETP3,8 ETP5,0 ETP5,0 ETP5,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

1 active · 1 ended

Active mandates

Vanessa De Vinck

Director

Active

Ended mandates

Vanessa De Vinck

Manager

Ended

Other companies at this address

Rochesterlaan 5 8470 Gistel
CompanyCBE no.
HOUTMOLEN● Active
0890.070.317
IOFEED● Active
0847.347.359
Vandewiele Recycling● Active
0472.496.106
Victor Depoortere - Seynaeve● Active
0413.330.460

Full financial information

Source · NBB
202520242022202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/07/202201/10/202001/10/201901/10/201801/10/2017
Closing of the financial year31/03/202531/03/202430/06/202230/09/202030/09/201930/09/2018
Length of the financial year12 months21 months21 months12 months12 months12 months
Filing date30/10/202530/10/202431/01/202330/04/202109/06/202029/03/2019
General meeting30/09/202530/09/202431/12/202231/03/202109/05/202002/03/2019
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202530/09/202530/10/2025DutchPDF
Abridged model31/03/202430/09/202430/10/2024DutchPDF
Abridged model30/06/202231/12/202231/01/2023DutchPDF
Abridged model30/09/202031/03/202130/04/2021DutchPDF
Abridged model30/09/201909/05/202009/06/2020DutchPDF
Abridged model30/09/201802/03/201929/03/2019DutchPDF
Abridged model30/09/201703/03/201803/04/2018DutchPDF
Abridged model30/09/201625/03/201721/04/2017DutchPDF
Abridged model31/12/201425/06/201526/08/2015DutchPDF
Abridged model31/12/201307/06/201411/06/2014DutchPDF
Abridged model31/12/201230/06/201318/07/2013DutchPDF
Abridged model31/12/201116/06/201209/07/2012DutchPDF
Abridged model31/12/201018/06/201115/07/2011DutchPDF
Abridged model31/12/200905/06/201017/06/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/03/2025

1 active · 1 ended

Active mandates

Vanessa De Vinck

Director

Active

Ended mandates

Vanessa De Vinck

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other07/07/2023
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates05/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other05/02/2016
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other10/03/2008
    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 2025762,3 k €↓
  2. 2024
    Annual accounts 20241 M €↑
  3. 2022
    Annual accounts 202285,1 k €↓
  4. 2020
    Annual accounts 2020221,7 k €↓
  5. 2019
    Annual accounts 2019425,6 k €↑
  6. 2018
    Annual accounts 2018257,4 k €↑
  7. 2017
    Annual accounts 2017194,1 k €↑
  8. 2014
    Annual accounts 2014136,6 k €↓
  9. 2013
    Annual accounts 2013213,6 k €↑
  10. 2012
    Annual accounts 201277,2 k €↑
  11. 2011
    Annual accounts 201134,1 k €↑
  12. 2010
    Annual accounts 20109,2 k €↓
  13. 2009
    Annual accounts 200913,6 k €
  14. 22/02/2008
    IncorporationPrivate limited company