SEDISOL
ActiveSummary
SEDISOL has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.8m and a net result of €110,169. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 90% of 116 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability81▼-1
Solvency100=
Growth54▼-6
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 6.09 against 31.62 in 2023; short-term debt: 11% and cash: 58.1% of total assets), and 24.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 39
Relative position
BE, all sectors
reference
Remediation activities and other waste management service activities (NACE 39)
about 46% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
75.6%
Return on assets
2.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
8 d early
2022
75 d early
2021
82 d early
2020
61 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
SEDISOL was incorporated on 29 June 2004.1 In 2007 the capital was increased by EUR 500,000 to EUR 1 million.2 The registered office was moved to FARCIENNES Rue Francisco Ferrer in 2011.3 The board currently has 7 members; Denis Drousie has served longest, since 2014.4 Revenue grew from EUR 231,131 in 2018 to EUR 291,512 in 2024.5
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Financials · fiscal year 2024, full schema
In the rankings
#6 company by equity in Farciennes
Turnover
€291,512▼ 20.8%
2023 · €367,844
EBIT margin
26.3%▼ 13.4pp
2023 · 39.7%
Net result
€110,169▼ 28.7%
2023 · €154,612
Working capital
€2.8m▼ 26.9%
2023 · €3.9m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€230,882▼ 33.3%€216,074▼ 6.4%€226,023▲ 4.6%€367,844▲ 62.7%€291,512▼ 20.8%
Operating result€15,993▼ 22.9%€30,529▲ 90.9%€122,329▲ 301%€146,190▲ 19.5%€76,757▼ 47.5%
Net result€22,771▼ 12.5%€36,753▲ 61.4%€118,885▲ 223%€154,612▲ 30.1%€110,169▼ 28.7%
EBIT margin6.9%▲ 0.9pp14.1%▲ 7.2pp54.1%▲ 40.0pp39.7%▼ 14.4pp26.3%▼ 13.4pp
Equity€3.4m▼ 12.4%€3.5m▲ 0.7%€3.6m▲ 3.1%€3.7m▲ 4.0%€3.8m▲ 2.6%
Total assets€4.5m▼ 0.1%€4.1m▼ 9.3%€4.4m▲ 7.2%€4.5m▲ 3.7%€5.1m▲ 11.7%
Debt€656,247▲ 286%€216,459▼ 67.0%€402,649▲ 86.0%€422,761▲ 5.0%€853,658▲ 102%
Working capital€3.1m▼ 11.6%€3.2m▲ 3.3%€3.7m▲ 14.0%€3.9m▲ 6.0%€2.8m▼ 26.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.1m
Fixed assets
€1.7m ▲ 221%
Current assets
€3.4m ▼ 15.3%
Equity and liabilities €5.1m
Equity
€3.8m ▲ 2.6%
Provisions
€381,205 =
Debt
€853,658 ▲ 102%
Debt's share of the balance-sheet total rises from 9.3% to 16.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€153,887▼
2023 · €223,274
Cash flow
€187,299▼
2023 · €231,695
Current ratio
6.09▼
2023 · 31.62
Quick ratio
5.99▼
2023 · 31.20
Debt to equity
0.22▲
2023 · 0.11
ROE
2.9%▼
2023 · 4.2%
ROA
2.2%▼
2023 · 3.4%
Interest coverage
25477.91▲
2023 · 5345.31
Debt ≤ 1 year
€557,630▲
2023 · €126,735
Income taxes
€31,202▼
2023 · €49,641
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 14,684 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €237,420 | €355,899 | €385,159 | €329,104 | ▼ 14.6% |
| Turnover70 | €230,882 | €216,074 | €226,023 | €367,844 | €291,512 | ▼ 20.8% |
| Other operating income74 | - | €21,346 | - | - | - | - |
| Non-recurring operating income76A | - | - | €129,876 | €17,316 | €37,593 | ▲ 117% |
| Operating charges60/66A | - | €206,890 | €233,569 | €238,969 | €252,348 | ▲ 5.6% |
| Goods for resale, raw materials and consumables60 | - | - | - | €52,707 | €31,092 | ▼ 41.0% |
| Purchases600/8 | - | - | - | €4,700 | €31,092 | ▲ 561% |
| Change in stocks: decrease (increase)609 | - | - | - | €48,007 | - | - |
| Services and other goods61 | - | €70,963 | €71,480 | €153,725 | €126,884 | ▼ 17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €80,052 | €77,083 | €77,083 | €77,083 | €77,130 | ▲ 0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €54,180 | -€48,007 | - | - |
| Other operating charges640/8 | - | €58,844 | €30,827 | €3,460 | €17,242 | ▲ 398% |
| Operating profit (loss)9901 | €15,993 | €30,529 | €122,329 | €146,190 | €76,757 | ▼ 47.5% |
| Financial income75/76B | - | €12,992 | €14,158 | €66,972 | €78,736 | ▲ 17.6% |
| Recurring financial income75 | €13,295 | €12,992 | €14,158 | €66,972 | €78,736 | ▲ 17.6% |
| Income from current assets751 | - | €604 | €1,769 | €54,584 | €66,347 | ▲ 21.6% |
| Other financial income752/9 | - | €12,388 | €12,388 | €12,388 | €12,388 | = |
| Financial charges65/66B | - | €6,768 | €6,517 | €8,910 | €14,122 | ▲ 58.5% |
| Recurring financial charges65 | €6,517 | €6,768 | €6,517 | €8,910 | €14,122 | ▲ 58.5% |
| Debt charges650 | - | €2 | - | €42 | €6 | ▼ 85.5% |
| Other financial charges652/9 | - | €6,767 | €6,517 | €8,868 | €14,116 | ▲ 59.2% |
| Profit (loss) for the period before taxes9903 | €22,771 | €36,753 | €129,970 | €204,253 | €141,371 | ▼ 30.8% |
| Income taxes67/77 | - | - | €11,085 | €49,641 | €31,202 | ▼ 37.1% |
| Taxes670/3 | - | - | €11,085 | €49,641 | €32,880 | ▼ 33.8% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €1,678 | - |
| Profit (loss) for the period9904 | €22,771 | €36,753 | €118,885 | €154,612 | €110,169 | ▼ 28.7% |
| Profit (loss) for the period to be appropriated9905 | €22,771 | €36,753 | €118,885 | €154,612 | €110,169 | ▼ 28.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.5m | €4.1m | €4.4m | €4.5m | €5.1m | ▲ 11.7% |
| Fixed assets21/28 | €719,445 | €642,362 | €595,473 | €518,390 | €1.7m | ▲ 221% |
| Tangible fixed assets22/27 | €719,445 | €642,362 | €593,473 | €516,390 | €1.7m | ▲ 221% |
| Land and buildings22 | - | €642,362 | €565,279 | €488,195 | €414,768 | ▼ 15.0% |
| Assets under construction and advance payments27 | - | - | €28,194 | €28,194 | €1.2m | ▲ 4,315% |
| Financial fixed assets28 | - | - | €2,000 | €2,000 | €2,000 | = |
| Other financial fixed assets284/8 | - | - | €2,000 | €2,000 | €2,000 | = |
| Shares284 | - | - | €2,000 | €2,000 | €2,000 | = |
| Current assets29/58 | €3.8m | €3.4m | €3.8m | €4.0m | €3.4m | ▼ 15.3% |
| Stocks and contracts in progress3 | €108,360 | €108,360 | €54,180 | €54,180 | €54,180 | = |
| Stocks30/36 | - | €108,360 | €54,180 | €54,180 | €54,180 | = |
| Raw materials and consumables30/31 | - | €108,360 | €54,180 | €54,180 | €54,180 | = |
| Amounts receivable within one year40/41 | €213,145 | €85,112 | €384,942 | €285,538 | €382,200 | ▲ 33.9% |
| Trade receivables40 | - | €61,053 | €90,167 | €69,762 | €164,219 | ▲ 135% |
| Other amounts receivable41 | - | €24,059 | €294,775 | €215,776 | €217,981 | ▲ 1.0% |
| Cash at bank and in hand54/58 | €3.4m | €3.2m | €3.3m | €3.6m | €2.9m | ▼ 19.5% |
| Deferred charges and accrued income490/1 | - | €16,726 | €11,026 | €22,976 | €21,479 | ▼ 6.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.5m | €4.1m | €4.4m | €4.5m | €5.1m | ▲ 11.7% |
| Equity10/15 | €3.4m | €3.5m | €3.6m | €3.7m | €3.8m | ▲ 2.6% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | - | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | - | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Reserves13 | €123,720 | €123,720 | €123,720 | €123,720 | €123,720 | = |
| Non-distributable reserves130/1 | - | €123,720 | €123,720 | €123,720 | €123,720 | = |
| Legal reserve130 | - | €123,720 | €123,720 | €123,720 | €123,720 | = |
| Profit (loss) carried forward14 | €2.2m | €2.2m | €2.4m | €2.5m | €2.6m | ▲ 4.4% |
| Investment grants15 | - | €103,237 | €90,848 | €78,460 | €66,071 | ▼ 15.8% |
| Provisions and deferred taxes16 | €381,205 | €381,205 | €381,205 | €381,205 | €381,205 | = |
| Provisions for liabilities and charges160/5 | - | €381,205 | €381,205 | €381,205 | €381,205 | = |
| Major repairs and maintenance162 | - | €381,205 | €381,205 | €381,205 | €381,205 | = |
| Amounts payable17/49 | €656,247 | €216,459 | €402,649 | €422,761 | €853,658 | ▲ 102% |
| Amounts payable within one year42/48 | €656,247 | €216,459 | €107,874 | €126,735 | €557,630 | ▲ 340% |
| Trade debts44 | €156,247 | €216,459 | €97,043 | €88,469 | €515,567 | ▲ 483% |
| Suppliers440/4 | - | €216,459 | €97,043 | €88,469 | €515,567 | ▲ 483% |
| Taxes, remuneration and social security45 | - | - | €10,554 | €8,266 | €12,063 | ▲ 45.9% |
| Taxes450/3 | - | - | €10,554 | €8,266 | €12,063 | ▲ 45.9% |
| Other amounts payable47/48 | - | - | €276 | €30,000 | €30,000 | = |
| Accrued charges and deferred income492/3 | - | - | €294,775 | €296,026 | €296,028 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,771 | €36,753 | €118,885 | €154,612 | €110,169 | ▼ 28.7% |
| + Depreciation and write-downs630 | €80,052 | €77,083 | €77,083 | €77,083 | €77,130 | ▲ 0.1% |
| Operating cash flow (approximation) | €102,824 | €113,836 | €195,968 | €231,695 | €187,299 | ▼ 19.2% |
| Investment in fixed assets (approximation) | - | €0 | -€30,194 | €0 | -€1.2m | - |
| Change in cash | - | -€210,438 | €99,625 | €326,873 | -€709,652 | ▼ 317% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
08-12
State Gazette act
Resignation: Christian LAURENT (director)Appointment: Olivier DANDOIS (director)4 facts ▸
State Gazette act
Resignation: Christian LAURENT (director)
Appointment: Olivier DANDOIS (director)4 facts ▸
- Board meeting, 26-09-2025
- Director resignation, Christian LAURENT (director)
- Director appointment, Olivier DANDOIS (director)
- Director appointment, Olivier DANDOIS (chair of the board)
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €154,612 ▲30.1%
Operating result €146,190, net result €154,612, both a record.
19-07
State Gazette act
Resignation: Claudia NECULAU (director)Appointment: Renaud DEVRIESE (director) · Reappointment: ANDRE, MARBAIX & Co (statutory auditor) · Permanent representative: Martine MARBAIX5 facts ▸
State Gazette act
Resignation: Claudia NECULAU (director)
Appointment: Renaud DEVRIESE (director) · Reappointment: ANDRE, MARBAIX & Co (statutory auditor) · Permanent representative: Martine MARBAIX5 facts ▸
- Board meeting, 09-05-2023
- Director resignation, Claudia NECULAU (director)
- Director appointment, Renaud DEVRIESE (director)
- Auditor reappointment, ANDRE, MARBAIX & Co
- Permanent representative, Martine MARBAIX
24-05
State Gazette act
Resignation: Dirk POPPE (director)Appointment: Dirk PONNET (director)3 facts ▸
State Gazette act
Resignation: Dirk POPPE (director)
Appointment: Dirk PONNET (director)3 facts ▸
- Board meeting, 25/01/2023
- Director resignation, Dirk POPPE (director)
- Director appointment, Dirk PONNET (director)
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 34.93
Current ratio from 15.84 to 34.93; short-term debt falls from €216,459 to €107,874.
13-10
State Gazette act
Reappointments: Christian LAURENT, Julien FANUEL and 5 others8 facts ▸
State Gazette act
Reappointments: Christian LAURENT, Julien FANUEL and 5 others
8 facts ▸
- General meeting, 10-05-2022
- Director reappointment, Christian LAURENT (director)
- Director reappointment, Julien FANUEL (director)
- Director reappointment, Claudia NECULAU (director)
- Director reappointment, Philippe SCAUFLAIRE (director)
- Director reappointment, SPARAXIS S.A. (director)
- Director reappointment, Dirk POPPE (director)
- Director reappointment, Denis DROUSIE (director)
04-10
State Gazette act
Appointments: Christian LAURENT (director) and Julien FANUEL (director)Resignations: Dirk DE SMET (director) and Michel STRYCZEK (director)5 facts ▸
State Gazette act
Appointments: Christian LAURENT (director) and Julien FANUEL (director)
Resignations: Dirk DE SMET (director) and Michel STRYCZEK (director)5 facts ▸
- Board meeting, 26-10-2021
- Director appointment, Christian LAURENT (director)
- Director appointment, Julien FANUEL (director)
- Director resignation, Dirk DE SMET (director)
- Director resignation, Michel STRYCZEK (director)
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity triplescurrent ratio 15.84
Current ratio from 5.74 to 15.84; short-term debt falls from €656,247 to €216,459.
Show earlier events
01-07
State Gazette act
Resignation: Stéphanie STEVENART (director)Appointment: Claudia NECULAU (director)3 facts ▸
State Gazette act
Resignation: Stéphanie STEVENART (director)
Appointment: Claudia NECULAU (director)3 facts ▸
- General meeting, 11/05/2021
- Director resignation, Stéphanie STEVENART (director)
- Director appointment, Claudia NECULAU (director)
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
12-11
State Gazette act
Resignation: Eric TANCRE (director)2 facts ▸
State Gazette act
Resignation: Eric TANCRE (director)
2 facts ▸
- Board meeting, 16-06-2020
- Director resignation, Eric TANCRE (director)
23-10
State Gazette act
Appointment: SRL ANDRE, MARBAIX & Co (statutory auditor)2 facts ▸
State Gazette act
Appointment: SRL ANDRE, MARBAIX & Co (statutory auditor)
2 facts ▸
- General meeting, 12-05-2020
- Auditor appointment, SRL ANDRE, MARBAIX & Co (statutory auditor)
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €26,038
Net result €26,038 after one loss-making year.
14-06
State Gazette act
Resignations: Philippe ADAM (director) and S.A. SILYA (director)Permanent representative: Stéphanie STEVENART · Appointments: Stéphanie STEVENART (director) and Philippe SCAUFLAIRE (director)6 facts ▸
State Gazette act
Resignations: Philippe ADAM (director) and S.A. SILYA (director)
Permanent representative: Stéphanie STEVENART · Appointments: Stéphanie STEVENART (director) and Philippe SCAUFLAIRE (director)6 facts ▸
- Board meeting, 25-04-2019
- Director resignation, Philippe ADAM (director)
- Director resignation, S.A. SILYA (director)
- Permanent representative, Stéphanie STEVENART
- Director appointment, Stéphanie STEVENART (director)
- Director appointment, Philippe SCAUFLAIRE (director)
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
14-03
State Gazette act
Permanent representative: Régis VANKERKOVE2 facts ▸
State Gazette act
Permanent representative: Régis VANKERKOVE
2 facts ▸
- Board meeting, 10-12-2018
- Permanent representative, Régis VANKERKOVE
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-08
State Gazette act
Resignation: Bénédicte BAUDUIN (member of the executive committee)Appointment: Denis DROUSIE (member of the executive committee)3 facts ▸
State Gazette act
Resignation: Bénédicte BAUDUIN (member of the executive committee)
Appointment: Denis DROUSIE (member of the executive committee)3 facts ▸
- Board meeting, 29-09-2014
- Director resignation, Bénédicte BAUDUIN (member of the executive committee)
- Director appointment, Denis DROUSIE (member of the executive committee)
04-08
State Gazette act
Resignation: Daniel VANDERZEYPEN (director)2 facts ▸
State Gazette act
Resignation: Daniel VANDERZEYPEN (director)
2 facts ▸
- Board meeting, 14-12-2015
- Director resignation, Daniel VANDERZEYPEN (director)
04-08
State Gazette act
Resignation: David LAMY (director and member of the executive committee)2 facts ▸
State Gazette act
Resignation: David LAMY (director and member of the executive committee)
2 facts ▸
- Board meeting, 07/03/2016
- Director resignation, David LAMY (director (executive) and member of the executive committee)
04-08
State Gazette act
Resignations: Vincent Vankerkoven (director) and Olivier LIENARD (director)Appointments: Philippe ADAM (director) and SILYA S.A. (director) · Permanent representative: Stéphanie STEVENART6 facts ▸
State Gazette act
Resignations: Vincent Vankerkoven (director) and Olivier LIENARD (director)
Appointments: Philippe ADAM (director) and SILYA S.A. (director) · Permanent representative: Stéphanie STEVENART6 facts ▸
- General meeting, 31-01-2017
- Director resignation, Vincent Vankerkoven (director)
- Director resignation, Olivier LIENARD (director)
- Director appointment, Philippe ADAM (director)
- Director appointment, SILYA S.A. (director)
- Permanent representative, Stéphanie STEVENART
04-08
State Gazette act
Reappointment: RSM INTERAUDIT (statutory auditor)2 facts ▸
State Gazette act
Reappointment: RSM INTERAUDIT (statutory auditor)
2 facts ▸
- General meeting, 27-06-2017
- Auditor reappointment, RSM INTERAUDIT
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-08
State Gazette act
Reappointments: Dirk DESMET, Michel STRYCZEK and 6 othersOfficer representative10 facts ▸
State Gazette act
Reappointments: Dirk DESMET, Michel STRYCZEK and 6 others
Officer representative10 facts ▸
- General meeting, 10-05-2016
- Director reappointment, Dirk DESMET (director)
- Director reappointment, Michel STRYCZEK (director)
- Director reappointment, Vincent VANKERKOVEN (director)
- Director reappointment, Olivier LIENARD (director)
- Director reappointment, Eric TANCRE (director)
- Director reappointment, Dirk POPPE (director)
- Director reappointment, Denis DROUSIE (director)
- Director reappointment, SPARAXIS S.A. (director)
- Officer representative, Administrateur, 6 ans
27-07
State Gazette act
Capital & sharesCapital decrease · Capital · Statutes amendment3 facts ▸
State Gazette act
Capital & shares
Capital decrease · Capital · Statutes amendment3 facts ▸
- Capital decrease, €3.000.000
- Capital, €1.000.000
- Statutes amendment
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
20-07
State Gazette act
Capital & sharesCapital decrease · Capital · Statutes amendment3 facts ▸
State Gazette act
Capital & shares
Capital decrease · Capital · Statutes amendment3 facts ▸
- Capital decrease, €400.000
- Capital, €4.000.000
- Statutes amendment
18-03
State Gazette act
Reappointment: RSM (statutory auditor)2 facts ▸
State Gazette act
Reappointment: RSM (statutory auditor)
2 facts ▸
- General meeting, 13-05-2014
- Auditor reappointment, RSM
2014
08-09
State Gazette act
Capital & sharesCapital decrease · Capital · Statutes amendment3 facts ▸
State Gazette act
Capital & shares
Capital decrease · Capital · Statutes amendment3 facts ▸
- Capital decrease, €600.000
- Capital, €4.400.000
- Statutes amendment
14-07
State Gazette act
Resignation: C&M .S. (director)Appointment: Dirk POPPE (director)3 facts ▸
State Gazette act
Resignation: C&M .S. (director)
Appointment: Dirk POPPE (director)3 facts ▸
- General meeting, 13-05-2014
- Director resignation, C&M .S. (director)
- Director appointment, Dirk POPPE (director)
2013
22-07
State Gazette act
Resignations: SYLIA (director) and GEPART (director)Appointments: Vincent VANKERKOVEN, Olivier LIENART and Daniel VANDERZEYPEN7 facts ▸
State Gazette act
Resignations: SYLIA (director) and GEPART (director)
Appointments: Vincent VANKERKOVEN, Olivier LIENART and Daniel VANDERZEYPEN7 facts ▸
- General meeting, 19-05-2013
- Director resignation, SYLIA (director)
- Director resignation, GEPART (director)
- Director appointment, Vincent VANKERKOVEN (director)
- Director appointment, Olivier LIENART (director)
- Board meeting, 15-04-2013
- Director appointment, Daniel VANDERZEYPEN (représentant du port autonome de charleroi au comité de direction)
03-06
State Gazette act
Resignations: SPAQUE, SILYA and GEPART4 facts ▸
State Gazette act
Resignations: SPAQUE, SILYA and GEPART
4 facts ▸
- Board meeting, 17-09-2012
- Director resignation, SPAQUE (comité de directeur)
- Director resignation, SILYA (director)
- Director resignation, GEPART (director)
2012
02-02
State Gazette act
Resignation: S.A. SAMANDA (director)Appointment: SPRL C. & M.S. (director) · Permanent representative: Michel SAVONET4 facts ▸
State Gazette act
Resignation: S.A. SAMANDA (director)
Appointment: SPRL C. & M.S. (director) · Permanent representative: Michel SAVONET4 facts ▸
- Board meeting, 11-10-2011
- Director resignation, S.A. SAMANDA (director)
- Director appointment, SPRL C. & M.S. (director)
- Permanent representative, Michel SAVONET
2011
30-12
State Gazette act
Reappointments: Daniel VANDERZEYPEN, Michel STRYCZEK and 6 othersPermanent representatives: Philippe ADAM, Pierre EYEN and 4 others · Resignations: Pierre EYEN, SPAQUE S.A. and Olivier BURTON · Appointments: Christine GOISET, SILYA S.A. and 2 others26 facts ▸
State Gazette act
Reappointments: Daniel VANDERZEYPEN, Michel STRYCZEK and 6 others
Permanent representatives: Philippe ADAM, Pierre EYEN and 4 others · Resignations: Pierre EYEN, SPAQUE S.A. and Olivier BURTON · Appointments: Christine GOISET, SILYA S.A. and 2 others26 facts ▸
- General meeting, 11-05-2010
- Director reappointment, Daniel VANDERZEYPEN (director)
- Director reappointment, Michel STRYCZEK (director)
- Director reappointment, Eric TANCRE (director)
- Director reappointment, Denis DROUSIE (director)
- Director reappointment, SPAQUE S.A. (director)
- Permanent representative, Philippe ADAM
- Director reappointment, GEPART S.A. (director)
- Permanent representative, Pierre EYEN
- Director reappointment, SPARAXIS S.A. (director)
- Permanent representative, Michel PIRLET
- Director reappointment, SAMANDA S.A. (director)
- +14 further facts in this act
19-01
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 20-12-2010
- Registered-office move, 6240 FARCIENNES Rue Francisco Ferrer 245
2008
30-06
State Gazette act
Reappointment: DELVAUX, FRONVILLE, SERVAIS et Associés (statutory auditor)Permanent representative: Hugues FRONVILLE3 facts ▸
State Gazette act
Reappointment: DELVAUX, FRONVILLE, SERVAIS et Associés (statutory auditor)
Permanent representative: Hugues FRONVILLE3 facts ▸
- General meeting, 13-05-2008
- Auditor reappointment, DELVAUX, FRONVILLE, SERVAIS et Associés
- Permanent representative, Hugues FRONVILLE
2007
30-05
State Gazette act
Capital & sharesCapital increase · Statutes amendment3 facts ▸
State Gazette act
Capital & shares
Capital increase · Statutes amendment3 facts ▸
- Capital increase, €500.000
- Statutes amendment
- Statutes amendment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
28 of 28 acts read
Directors · office · real estate
Directors
7 directors, no change since 2025
Board 7
Olivier DANDOIS
CurrentChair of the board · since 26-09-2025 · Director · since 26-09-2025
Philippe SCAUFLAIRE
CurrentDirector · since 01-05-2019
FANUEL Julien
CurrentDirector · since 26-10-2021
Dirk PONNET
CurrentDirector · since 25-01-2023
Renaud DEVRIESE
CurrentDirector · since 09-05-2023
Denis Drousie
CurrentDirector
SPARAXIS S.A.
CurrentDirector · Legal entity · perm. rep.: Michel PIRLET
6 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
SPRL C&M .S.
Not recently confirmedDirector · since 11-10-2011 · Legal entity · perm. rep.: Michel SAVONET
Olivier LIENART
Not recently confirmedDirector · since 19-05-2013
Dirk DESMET
Not recently confirmedDirector
GEPART S.A.
Not recently confirmedDirector · Legal entity · perm. rep.: Pierre EYEN
S.A. SAMANDA
Not recently confirmedDirector · Legal entity · perm. rep.: Bernard WEGNEZ
SPAQUE S.A.
Not recently confirmedDirector · Legal entity · perm. rep.: Philippe ADAM
Day-to-day management 1
Denis Drousie
Not recently confirmedMember of the executive committee · since 29-09-2014
Permanent representatives 1
Michel PIRLET
CurrentPermanent representative · for SPARAXIS S.A.
5 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Christine GOISET
Not recently confirmedPermanent representative · since 11-05-2010
Michel SAVONET
Not recently confirmedPermanent representative · since 11-10-2011 · for SPRL C&M .S.
Bernard WEGNEZ
Not recently confirmedPermanent representative · for S.A. SAMANDA
Philippe ADAM
Not recently confirmedPermanent representative · for SPAQUE S.A.
Pierre EYEN
Not recently confirmedPermanent representative · for GEPART S.A.
Statutory auditor 1
ANDRE, MARBAIX & CO
CurrentAuditor · since 12-05-2020 · perm. rep.: Martine MARBAIX
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Farciennes · 1 establishment unit since 2008
Ground area
2.9 ha
Building footprint
1,097 m²
Volume, LiDAR
18,790 m³
Parcel 52018D0256/00K000, Wallonia · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Rue Francisco Ferrer(FAR) 245, 6240 Farciennes
since 20082.186.173.132
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52018D0256/00K000 | Wallonia | 2.9 ha | 1 · 1,097 m² | 20.4 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
41 people since 2008, 15 in office
- Board
- Day-to-day management
- Permanent representative
- Statutory auditor
- Other function
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Denis Drousie |
|
| SPARAXIS S.A. |
|
| Philippe SCAUFLAIRE |
|
| FANUEL Julien |
|
| Dirk PONNET |
|
| Renaud DEVRIESE |
|
| Olivier DANDOIS |
|
| ANDRE, MARBAIX & CO |
|
| SPAQUE S.A. |
|
| S.A. SAMANDA |
|
| SPRL C&M .S. |
|
| GEPART S.A. |
|
| Olivier LIENART |
|
| Dirk DESMET |
|
| Christine GOISET |
|
| Christian LAURENT |
|
| Claudia NECULAU |
|
| Dirk POPPE |
|
| Dirk DE SMET |
|
| Michel STRYCZEK |
|
| Eric TANCRE |
|
| Stéphanie STEVENART |
|
| RSM INTERAUDIT |
|
| Philippe ADAM |
|
| S.A. SILYA |
|
| David LAMY |
|
| Bénédicte BAUDUIN |
|
| RSM |
|
| Olivier LIENARD |
|
| Vincent Vankerkoven |
|
| Daniel VANDERZEYPEN |
|
| RSM Belgium |
|
| C.M.S |
|
| Daniel VANDERZEYPEN |
|
| GEPART |
|
| SILYA |
|
| SPAQUE |
|
| SYLIA |
|
| Delvaux, Fronville, Servais et Associés |
|
| Olivier BURTON |
|
| Pierre EYEN |
|
Structure & network
Owners and holdings
2 ownersOwners 2
-
50%
- Sourceaccounts SPAQuE 202525%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
12 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Feluy M2M
via Denis Drousie · Director
→
MISSION REGIONALE POUR L'INSERTION ET L'EMPLOI A CHARLEROI
via Denis Drousie · Représentant permanent de la ccih
→
RECYHOC
via Philippe SCAUFLAIRE · Director
→
AKT - CCI HAINAUT
via Denis Drousie · Director
former→
Show 8 more companies with a shared director
GROND RECYCLAGE CENTRUM
via Denis Drousie · Director
former→
ROYAL FRANCS BORAINS
via Denis Drousie · Director
former→
Télévision, Education, Animation, Culture
via FANUEL Julien · Director
former→
FEDERATION DES RECYCLEURS DE DECHETS DE CONSTRUCTION
Shared director
→
Pôle GREENWIN
Shared director
→
RECYLIEGE
Shared director
→
SOCIETE INDUSTRIELLE DE DECHETS DE CONSTRUCTION
Shared director
→
TRADECOWALL
Shared director
→
Capital and shareholders
Capital over the years
- 27-07-2016 Capital reduction of 3,000,000 EUR · to 1,000,000 EUR · “prélèvement prioritaire sur le capital fiscalement libéré”
- 20-07-2015 Capital reduction of 400,000 EUR · to 4,000,000 EUR · “sans annulation de titres”, “par prélèvement prioritaire de ce montant sur le capital fiscalement libéré”
- 08-09-2014 Capital reduction of 600,000 EUR · to 4,400,000 EUR · “sans annulation de titres”, “par prélèvement prioritaire de ce montant sur le capital fiscalement libéré”
- 30-05-2007 Capital increase of 500,000 EUR · to 1,000,000 EUR
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Of 253 companies in sector 39000 we hold annual accounts for 133. 49 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
39000Remediation activities and other waste management service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0866053315
Also
9925:BE0866053315
Registered
21-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.