Bebat
ActiveSummary
Bebat has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40.2m and a net result of -€10.5m. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 43% of 255 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Materials recovery from waste
NACE 38210Activities of membership organisations NACE 94994
Largest company by total assets in Flemish Brabant, Waste collection and treatment sector1 site
Size
€42.0mturnover 2025
- Staff
- 36.8 FTE
- Equity
- €40.2m
- Deficit
- -€10.5m
Structure
- Holdings
- 1
- Frank StamDirector
- Peter CoonenManaging director
- René UyttebroeckDirector
Auditor: VGD Bedrijfsrevisoren2025 accounts 32 days early4 of 22 deeds summarised
Why 93raises riskLoss of €10.5m, the second in a row (financial year 2025)Sector: Waste collection, recovery and disposal activities (NACE 38)lowers riskLegal form: non-profit associationFounded in 1995Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 38, small)
Financial strength · tick = 2024
Weak
Solvency
54-11
equity 29.3% of total assets
Liquidity
58=
short-term debt 9.8% · cash 6.1%
Profitability
6-11
return on assets -7.7%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €3,700,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.82, compared with 8.14 in 2024, above the usual 1.5; short-term debt: 9.8% and cash: 6.1% of total assets), but 70.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 38, small): better than 41% on solvency, 77% on liquidity, 9% on profitability and 57% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10.5m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
43 days early
2023
42 days early
2022
28 days early
2021
33 days early
2020
36 days early
2019
39 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 38) for financial year 2024 is 8 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Resignation: Yves Van Doren (director)Reappointment: Yves Van Doren (director)…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Reappointment: VGD Bedrijfsrevisoren (commissaris revisor)Permanent representative: Bart Roose
Financials · financial year 2025, abbreviated format
In the rankings
#1 company by total assets in Flemish Brabant, Waste collection and treatment sector#2 company by equity in Flemish Brabant, Waste collection and treatment sector#7 employer in Flemish Brabant, Waste collection and treatment sector
Turnover
€42.0m▲ 71.8%
2024 · €24.4m
EBIT margin
-27.6%▲ 0.4pp
2024 · -28.1%
Net result
-€10.5m▼ 498%
2024 · -€1.8m
Working capital
€104.6m▲ 5.3%
2024 · €99.3m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €11.6m in 2025 against €6.9m in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€42.0m
2025
Operating result-€11.6m
2025
Net result-€10.5m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€137.0m
2025
Equity€40.2m
2025
Debt€13.4m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€104.6m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-27.6%
2025
Return on assets (ROA)-7.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency29.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio8.82
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)36.8
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 38, Waste collection, recovery and disposal activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€20.9m-€19.4m▼ 7.5%€18.8m▼ 3.0%€21.0m▲ 11.7%€28.6m▲ 36.3%€26.7m▼ 6.7%€24.4m▼ 8.5%€42.0m▲ 71.8%
Operating result€4.7m--€5.7m-€1.8m▲ 68.4%-€16.7m▼ 825%-€15.7m▲ 6.0%-€5.8m▲ 63.0%-€6.9m▼ 17.8%-€11.6m▼ 69.2%
Net result€5.1m--€5.0m-€1.9mbelow the sector's middle half▲ 62.0%-€16.1mbelow the sector's middle half▼ 750%-€18.3mbelow the sector's middle half▼ 13.6%-€2.8mbelow the sector's middle half▲ 84.5%-€1.8mbelow the sector's middle half▲ 38.1%-€10.5mbelow the sector's middle half▼ 498%
EBIT margin22.4%--29.5%▼ 51.9pp-9.6%▲ 19.9pp-79.6%▼ 70.0pp-54.9%▲ 24.7pp-21.8%▲ 33.1pp-28.1%▼ 6.3pp-27.6%▲ 0.4pp
Equity€96.7m-€91.7m▼ 5.2%€89.8mabove the sector's middle half▼ 2.1%€73.6mabove the sector's middle half▼ 18.0%€55.3mabove the sector's middle half▼ 24.9%€52.5mabove the sector's middle half▼ 5.1%€50.7mabove the sector's middle half▼ 3.3%€40.2mabove the sector's middle half▼ 20.7%
Total assets€131.3m-€134.0m▲ 2.1%€135.2mabove the sector's middle half▲ 0.9%€130.0mabove the sector's middle half▼ 3.8%€128.0mabove the sector's middle half▼ 1.6%€126.7mabove the sector's middle half▼ 1.0%€127.8mabove the sector's middle half▲ 0.9%€137.0mabove the sector's middle half▲ 7.2%
Debt€7.1m-€11.5m▲ 61.5%€13.3m▲ 15.3%€13.7m▲ 2.8%€12.9m▼ 5.6%€14.4m▲ 11.8%€13.9m▼ 3.6%€13.4m▼ 3.9%
Working capital€118.7m-€117.2m▼ 1.3%€116.6mabove the sector's middle half▼ 0.5%€108.8mabove the sector's middle half▼ 6.7%€107.9mabove the sector's middle half▼ 0.8%€102.2mabove the sector's middle half▼ 5.3%€99.3mabove the sector's middle half▼ 2.8%€104.6mabove the sector's middle half▲ 5.3%
Solvency73.6%-68.4%▼ 5.2pp66.4%above the sector's middle half▼ 2.0pp56.7%within the sector's middle half▼ 9.8pp43.2%within the sector's middle half▼ 13.4pp41.4%within the sector's middle half▼ 1.8pp39.7%within the sector's middle half▼ 1.7pp29.3%within the sector's middle half▼ 10.3pp
Current ratio17.74-11.16▼ 6.599.77above the sector's middle half▼ 1.398.95above the sector's middle half▼ 0.829.35above the sector's middle half▲ 0.408.08above the sector's middle half▼ 1.278.14above the sector's middle half▲ 0.068.82above the sector's middle half▲ 0.68
Return on assets (ROA)3.9%--3.7%▼ 7.6pp-1.4%below the sector's middle half▲ 2.3pp-12.4%below the sector's middle half▼ 11.0pp-14.3%below the sector's middle half▼ 1.9pp-2.2%below the sector's middle half▲ 12.1pp-1.4%below the sector's middle half▲ 0.9pp-7.7%below the sector's middle half▼ 6.3pp
Staff (FTE)21.8-23.3▲ 6.9%23.4above the sector's middle half▲ 0.4%25.8above the sector's middle half▲ 10.3%28.4above the sector's middle half▲ 10.1%31.4above the sector's middle half▲ 10.6%35above the sector's middle half▲ 11.5%36.8above the sector's middle half▲ 5.1%
above
within
below
the middle half of NACE 38, Waste collection, recovery and disposal activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137.0m
Fixed assets
€19.1m ▲ 31.0%
Current assets
€117.9m ▲ 4.2%
Equity and liabilities €137.0m
Equity
€40.2m ▼ 20.7%
Provisions
€83.5m ▲ 32.1%
Debt
€13.4m ▼ 3.9%
Debt's share of the balance-sheet total falls from 10.9% to 9.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€9.5m▼
2024 · -€4.2m
Cash flow
-€8.4m▼
2024 · €883,284
Debt to equity
0.33▲
2024 · 0.27
ROE
-26.2%▼
2024 · -3.5%
Interest coverage
-104.24▼
2024 · 8.71
Debt ≤ 1 year
€13.4m▼
2024 · €13.9m
Staff costs
€5.4m▲
2024 · €4.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96.4% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.6%
went bankrupt
1.8%
stopped otherwise
96.4%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,507 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €23.0m | €32.2m | €28.8m | €33.7m | €44.8m | ▲ 33.2% |
| Turnover70 | €20.9m | €19.4m | €18.8m | €21.0m | €28.6m | €26.7m | €24.4m | €42.0m | ▲ 71.8% |
| Membership fees, donations, legacies and grants73 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 25.5% |
| Other operating income74 | - | - | - | €1.8m | €3.3m | €1.8m | €2.6m | €2.5m | ▼ 2.8% |
| Non-recurring operating income76A | - | - | - | - | - | - | €6.4m | €0.02m | ▼ 99.7% |
| Operating charges60/66A | - | - | - | €39.7m | €47.9m | €34.6m | €40.5m | €56.4m | ▲ 39.3% |
| Goods for resale, raw materials and consumables60 | - | - | - | €0.03m | €0 | - | - | - | - |
| Purchases600/8 | - | - | - | €0.03m | €0 | - | - | - | - |
| Services and other goods61 | - | - | - | €20.6m | €21.2m | €23.7m | €27.5m | €27.0m | ▼ 1.8% |
| Remuneration, social security and pensions62 | - | - | - | €2.9m | €3.7m | €4.3m | €4.7m | €5.4m | ▲ 14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.6m | €0.6m | €0.7m | €1.2m | €0.8m | €1.1m | €2.6m | €2.1m | ▼ 20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.002m | €0.009m | €0.01m | €0.1m | €0.3m | ▲ 92.1% |
| Other operating charges640/8 | - | - | - | €4.4m | €5.1m | €5.4m | €2.1m | €1.2m | ▼ 41.6% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.1m | - |
| Operating profit (loss)9901 | €4.7m | -€5.7m | -€1.8m | -€16.7m | -€15.7m | -€5.8m | -€6.9m | -€11.6m | ▼ 69.2% |
| Financial income75/76B | - | - | - | €0.8m | €0.4m | €1.2m | €4.6m | €1.2m | ▼ 74.6% |
| Recurring financial income75 | €0.4m | €0.5m | €0.3m | €0.6m | €0.4m | €1.2m | €1.8m | €1.2m | ▼ 33.6% |
| Income from financial fixed assets750 | - | - | - | - | - | - | - | €0.08m | - |
| Income from current assets751 | - | - | - | €0.5m | €0.3m | €1.1m | €1.6m | €1.0m | ▼ 39.2% |
| Other financial income752/9 | - | - | - | €0.04m | €0.1m | €0.05m | €0.2m | €0.1m | ▼ 28.9% |
| Non-recurring financial income76B | - | - | - | €0.3m | €0 | - | €2.8m | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €0.2m | €3.0m | -€1.8m | -€0.5m | €0.09m | - |
| Recurring financial charges65 | €0.1m | -€0.08m | €0.3m | €0.2m | €3.0m | -€1.8m | -€0.5m | €0.09m | - |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €0.2m | €2.7m | -€2.3m | -€0.6m | -€0.002m | ▲ 99.6% |
| Other financial charges652/9 | - | - | - | €0.07m | €0.3m | €0.5m | €0.09m | €0.09m | ▼ 1.7% |
| Profit (loss) for the period before taxes9903 | €5.0m | -€5.1m | -€1.9m | -€16.1m | -€18.3m | -€2.8m | -€1.8m | -€10.5m | ▼ 498% |
| Profit (loss) for the period9904 | €5.1m | -€5.0m | -€1.9m | -€16.1m | -€18.3m | -€2.8m | -€1.8m | -€10.5m | ▼ 498% |
| Profit (loss) for the period to be appropriated9905 | €5.1m | -€5.0m | -€1.9m | -€16.1m | -€18.3m | -€2.8m | -€1.8m | -€10.5m | ▼ 498% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €131.3m | €134.0m | €135.2m | €130.0m | €128.0m | €126.7m | €127.8m | €137.0m | ▲ 7.2% |
| Fixed assets21/28 | €5.5m | €5.3m | €5.3m | €7.5m | €7.2m | €10.1m | €14.6m | €19.1m | ▲ 31.0% |
| Intangible fixed assets21 | €0.09m | €0.09m | €0.03m | €0.05m | €0.04m | €0.4m | €1.1m | €0.7m | ▼ 40.0% |
| Tangible fixed assets22/27 | €3.6m | €3.4m | €3.4m | €3.7m | €3.3m | €5.9m | €9.6m | €9.0m | ▼ 6.3% |
| Land and buildings22 | - | - | - | €3.1m | €2.9m | €2.5m | €9.0m | €8.6m | ▼ 4.5% |
| Plant, machinery and equipment23 | - | - | - | €0.5m | €0.3m | €0.4m | €0.5m | €0.3m | ▼ 43.2% |
| Furniture and vehicles24 | - | - | - | €0.08m | €0.08m | €0.07m | €0.1m | €0.1m | ▲ 15.7% |
| Assets under construction and advance payments27 | - | - | - | - | - | €2.9m | €0 | - | - |
| Financial fixed assets28 | €1.7m | €1.8m | €1.8m | €3.8m | €3.8m | €3.8m | €3.8m | €9.4m | ▲ 145% |
| Affiliated companies280/1 | - | - | - | €3.7m | €3.7m | €3.7m | €3.7m | €9.3m | ▲ 150% |
| Participating interests280 | - | - | - | €3.7m | €3.7m | €3.7m | €3.7m | €4.1m | ▲ 9.8% |
| Amounts receivable281 | - | - | - | - | - | - | - | €5.2m | - |
| Companies linked by participating interests282/3 | - | - | - | €0.08m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Participating interests282 | - | - | - | €0.08m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Other financial fixed assets284/8 | - | - | - | €361 | €361 | €361 | €361 | €361 | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €361 | €361 | €361 | €361 | €361 | = |
| Current assets29/58 | €125.8m | €128.7m | €129.9m | €122.5m | €120.8m | €116.6m | €113.2m | €117.9m | ▲ 4.2% |
| Stocks and contracts in progress3 | - | - | - | - | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €8.5m | €7.8m | €9.7m | €8.4m | €13.6m | €9.3m | €11.8m | €15.5m | ▲ 31.2% |
| Trade receivables40 | - | - | - | €8.2m | €13.6m | €9.3m | €11.3m | €15.5m | ▲ 36.4% |
| Other amounts receivable41 | - | - | - | €0.2m | €176 | €306 | €0.4m | €331 | ▼ 99.9% |
| Current investments50/53 | €55.2m | €38.5m | €49.6m | €62.3m | €95.5m | €97.7m | €92.8m | €93.8m | ▲ 1.0% |
| Cash at bank and in hand54/58 | €61.9m | €82.0m | €70.4m | €51.7m | €11.4m | €9.3m | €8.3m | €8.4m | ▲ 1.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | ▼ 13.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €131.3m | €134.0m | €135.2m | €130.0m | €128.0m | €126.7m | €127.8m | €137.0m | ▲ 7.2% |
| Equity10/15 | €96.7m | €91.7m | €89.8m | €73.6m | €55.3m | €52.5m | €50.7m | €40.2m | ▼ 20.7% |
| Reserves13 | - | - | - | €73.6m | €55.3m | €52.5m | €50.7m | €40.2m | ▼ 20.7% |
| Provisions and deferred taxes16 | €27.5m | €30.8m | €32.1m | €42.7m | €59.7m | €59.8m | €63.2m | €83.5m | ▲ 32.1% |
| Provisions for liabilities and charges160/5 | - | - | - | €42.7m | €59.7m | €59.8m | €63.2m | €83.5m | ▲ 32.1% |
| Other liabilities and charges164/5 | - | - | - | €42.7m | €59.7m | €59.8m | €63.2m | €83.5m | ▲ 32.1% |
| Amounts payable17/49 | €7.1m | €11.5m | €13.3m | €13.7m | €12.9m | €14.4m | €13.9m | €13.4m | ▼ 3.9% |
| Amounts payable within one year42/48 | €7.1m | €11.5m | €13.3m | €13.7m | €12.9m | €14.4m | €13.9m | €13.4m | ▼ 3.9% |
| Financial debts43 | - | - | - | €15 | €12 | €0 | - | - | - |
| Credit institutions430/8 | - | - | - | €15 | €12 | €0 | - | - | - |
| Trade debts44 | €5.7m | €5.7m | €6.5m | €8.2m | €7.1m | €7.6m | €8.7m | €9.1m | ▲ 4.7% |
| Suppliers440/4 | - | - | - | €8.2m | €7.1m | €7.6m | €8.7m | €9.1m | ▲ 4.7% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.01m | €0.01m | €60 | ▼ 99.4% |
| Taxes, remuneration and social security45 | - | - | - | €1.3m | €1.7m | €2.3m | €2.0m | €2.3m | ▲ 11.4% |
| Taxes450/3 | - | - | - | €0.6m | €0.9m | €1.4m | €1.0m | €1.2m | ▲ 17.4% |
| Remuneration and social security454/9 | - | - | - | €0.7m | €0.8m | €0.9m | €1.0m | €1.1m | ▲ 5.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.001m | €40 | €0.003m | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5.1m | -€5.0m | -€1.9m | -€16.1m | -€18.3m | -€2.8m | -€1.8m | -€10.5m | ▼ 498% |
| + Depreciation and write-downs630 | €0.6m | €0.6m | €0.7m | €1.2m | €0.8m | €1.1m | €2.6m | €2.1m | ▼ 20.3% |
| Operating cash flow (approximation) | €5.7m | -€4.4m | -€1.2m | -€15.0m | -€17.5m | -€1.8m | €0.9m | -€8.4m | - |
| Investment in fixed assets (approximation) | - | -€0.4m | -€0.7m | -€3.4m | -€0.4m | -€4.0m | -€7.1m | -€6.6m | ▲ 7.2% |
| Change in cash | - | €20.1m | -€11.6m | -€18.7m | -€40.2m | -€2.1m | -€1.0m | €0.1m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-06-2026 | 2026-00218767 |
| 31-12-2024 | abbreviated format | 18-06-2025 | 2025-00157365 |
| 31-12-2023 | abbreviated format | 19-06-2024 | 2024-00148048 |
| 31-12-2022 | abbreviated format | 03-07-2023 | 2023-00202319 |
| 31-12-2021 | abbreviated format | 28-06-2022 | 2022-20111612 |
| 31-12-2020 | abbreviated format | 25-06-2021 | 2021-25900187 |
| 31-12-2019 | abbreviated format | 22-06-2020 | 2020-20200302 |
| 31-12-2018 | abbreviated format | 25-06-2019 | 2019-23100164 |
| 31-12-2017 | abbreviated format | 17-07-2018 | 2018-32800177 |
| 31-12-2016 | abbreviated format | 14-07-2017 | 2017-30800534 |
Similar companies · same sector, comparable size
BIONERGA
BE 0882.280.227
Hasselt · equity €39.7m
DESMEDT RENTING
BE 0471.751.184
Beauvechain · equity €41.1m
EUROVER
BE 0439.113.852
Eupen · equity €41.3m
BELGIAN SCRAP TERMINAL
BE 0429.261.424
Beveren-Kruibeke-Zwijndrecht · equity €42.7m
BRUXELLES ENERGIE - BRUSSEL ENERGIE
BE 0461.400.294
Brussel · equity €37.7m
Of the 969 active companies whose main activity is materials recovery from waste (NACE 38210), figures are known for 592. 106 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2024 · 1 entry · €703 awarded · €703 paidSchemes
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
3 directors, 1 in day-to-day management, last change in 2026
Board 3
Frank Stam
CurrentDirector · since 11-06-2026
Peter Coonen
CurrentDirector · from a recent deed
René Uyttebroeck
CurrentDirector · from a recent deed
Day-to-day management 1
Peter Coonen
CurrentManaging director · from a recent deed
Statutory auditor 1
VGD Bedrijfsrevisoren
CurrentStatutory auditor · since 24-10-2025 · permanent representative: Bart Roose
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
18 of this company's 22 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
6 people since 2023, 4 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Peter Coonenfrom an act |
|
| René Uyttebroeckfrom an act |
|
| Frank Stam |
|
| VGD Bedrijfsrevisoren |
|
| Yves Van Doren |
|
| Wim Willems |
|
Owners and capital
Owners
This non-profit association has no shareholders or capital.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
- Bebat PROsubsidiarySourceaccounts Bebat PRO 2025100%
According to the 2025 annual accounts of Bebat and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
4 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
René Uyttebroeck Automotive Consulting
via UYTTEBROECK René · Statutory manager
→
SORTBAT
via Peter Coonen · Director
→
XBAT.ai
via Peter Coonen · Bestuurder op voordracht van houders a aandelen
→
Advanced Power Solutions
via Peter Coonen · Director and managing director
former→
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
07-08
Gazette deed
Resignation: Yves Van Doren (director)Reappointment: Yves Van Doren (director) · Appointments: Frank Stam (director) and Yves Van Doren (chair)6 facts ▸
Gazette deed
Resignation: Yves Van Doren (director)
Reappointment: Yves Van Doren (director) · Appointments: Frank Stam (director) and Yves Van Doren (chair)6 facts ▸
- General meeting, 11-06-2026
- Director resignation, Yves Van Doren (director)
- Director reappointment, Yves Van Doren (director)
- Director appointment, Frank Stam (director)
- Board meeting, 11-06-2026
- Director appointment, Yves Van Doren (chair)
29-06
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
24-10
Gazette deed
Reappointment: VGD Bedrijfsrevisoren (commissaris revisor)Permanent representative: Bart Roose5 facts ▸
Gazette deed
Reappointment: VGD Bedrijfsrevisoren (commissaris revisor)
Permanent representative: Bart Roose5 facts ▸
- General meeting, 12-06-2025
- Auditor reappointment, VGD Bedrijfsrevisoren (commissaris revisor)
- Auditor reappointment, VGD Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Bart Roose
- Other provision, “verval mandaat commissaris-revisor, na de controle van boekjaar 2024” (deed in Dutch)
18-06
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
19-06
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
2023
14-11
Gazette deed
Resignation: Wim Willems (director)2 facts ▸
Gazette deed
Resignation: Wim Willems (director)
2 facts ▸
- Director resignation, Wim Willems (director)
- Board meeting, “schriftelijke beslissing, bestuursorgaan” (deed in Dutch)
08-08
Gazette deed
Reappointments: René Uyttebroeck (director) and Peter Coonen (director)7 facts ▸
Gazette deed
Reappointments: René Uyttebroeck (director) and Peter Coonen (director)
7 facts ▸
- General meeting, 09-06-2023
- Other provision, “voorzitter van de Raad, herbenoeming voorzitter van de Raad” (deed in Dutch)
- Director reappointment, René Uyttebroeck (director) (2 times)
- Other provision, “bestuurder, mandaat bestuurder vervalt na algemene vergadering” (deed in Dutch)
- Director reappointment, Peter Coonen (director) (2 times)
- Board meeting, 09-06-2023
- Director reappointment, Peter Coonen (managing director)
03-07
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2022
31-12
Financial
Weakest financial yearnet -€18.3m
Net result drops to -€18.3m, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
25-06
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
22-06
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
Show earlier events
2019
25-06
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
17-07
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
14-07
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 20 annual accounts filed, the latest 10 are here; all 20 are under Financials.
4 of 22 deeds read
About the unread acts
Of the 22 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 18 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formNon-profit association
Founded21-08-1995
Financial year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
94994Activities of membership organisations
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456561776
Registered
26-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
967600Y050X7NDKOQ981
Environmental permits
5 applications in Flanders since 2018 · 4 granted
Een grond gebruiken, aanleggen of inrichten; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen of verwijderen
Hoogstammige bomen vellen die geen deel uitmaken van een bos; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden; Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies
Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden; Verbouwen / Wijzigen Infrastructuur
Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden; Verbouwen / Wijzigen Infrastructuur
Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden; Verbouwen / Wijzigen Infrastructuur
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Tienen · 1 establishment unit since 2006
Ground area
9,997 m²
Building footprint
3,007 m²
Building volume
23,064 m³
Parcel 24592F0223/00E000, Flanders · tallest building 8.8 m. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Bebat vzw
since 2006unit no. 2.154.901.916
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24592F0223/00E000 | Flanders | 9,997 m² | 1 · 3,007 m² | 8.8 m · 3 |
How the parcels are linked
Good to know
The parcel matches the address exactly.