SVEX

Active

Public limited companyfounded 200520 yrs activeMolenweg(KAL) 910, 9130 Beveren, BelgiumKBO/BCE: BE 0878.075.276

Summary

SVEX has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €667,866. Equity is growing by ~35.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 231 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysis Watch Report Compare

SVEXActiveChecked score 50/100

Risk analysis Report Compare

Checked score

Score 2025

50 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability56▼-1

Solvency34=

Growth69▼-1

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €130,000 at 30 days acceptable

Liquidity tight (current ratio 1.09 against 1.06 in 2024; short-term debt: 90.8% and cash: 0.4% of total assets), and 90.8% of the assets are financed with debt.

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. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

9.2%

Return on assets

2.2%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 38

Relative position

BE, all sectors

reference

Waste collection, recovery and disposal activities (NACE 38)

about 10% more bankruptcies

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 231 sector peers (2025).

NBB · sector comparison

Position among 231 sector peers

Solvency

better than 11%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-05-2026, 88 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

88 d early

2024

100 d early

2023

35 d early

2022

76 d early

2021

87 d early

2020

92 d early

2019

79 d 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 80 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

27-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 21 December 2005, SVEX was incorporated by INDAVER and SITA BELGIUM, with a starting capital of EUR 62,000.¹² Of the 4 current board members, Marc Das has served longest, since 2006.³ Revenue went from EUR 64 million in 2018 to EUR 95 million in 2025 and headcount from 123 to 146 full-time equivalents.⁴

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

In the rankings #5 employer in East Flanders, Waste collection and treatment sector #5 company by total assets in Beveren-Kruibeke-Zwijndrecht, Water and waste sector #9 fastest grower in East Flanders, Waste collection and treatment sector

Turnover

€95.4m▲ 2.4%

2024 · €93.1m

EBIT margin

1.1%=

2024 · 1.1%

Net result

€667,866▲ 2.7%

2024 · €650,558

Working capital

€2.3m▲ 84.0%

2024 · €1.3m

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Turnover€65.1m▼ 0.5%€76.1m▲ 16.9%€97.1m▲ 27.6%€93.1m▼ 4.1%€95.4m▲ 2.4%

Operating result€895,562▲ 3.2%€992,865▲ 10.9%€1.1m▲ 12.8%€1.0m▼ 9.6%€1.1m▲ 5.4%

Net result€566,748▼ 11.4%€658,077▲ 16.1%€757,354▲ 15.1%€650,558▼ 14.1%€667,866▲ 2.7%

EBIT margin1.4%=1.3%▼ 0.1pp1.2%▼ 0.2pp1.1%▼ 0.1pp1.1%=

Equity€666,700=€666,700=€1.4m▲ 114%€2.1m▲ 45.7%€2.7m▲ 32.2%

Total assets€18.7m▲ 25.4%€21.5m▲ 14.8%€26.0m▲ 20.8%€24.3m▼ 6.6%€30.0m▲ 23.6%

Debt€17.8m▲ 25.2%€20.8m▲ 16.7%€24.6m▲ 17.8%€22.2m▼ 9.7%€27.2m▲ 22.7%

Working capital-€536,588▲ 31.9%-€681,999▼ 27.1%€40,741€1.3m▲ 3,004%€2.3m▲ 84.0%

Solvency3.6%▼ 0.9pp3.1%▼ 0.5pp5.5%▲ 2.4pp8.6%▲ 3.1pp9.2%▲ 0.6pp

Staff (FTE)129.9▲ 0.8%128.9▼ 0.8%130.9▲ 1.6%139.3▲ 6.4%146▲ 4.8%

above within below the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 5% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €30.0m

98.5%

Fixed assets €444,871 ▼ 45.1%

Current assets €29.5m ▲ 25.9%

Equity and liabilities €30.0m

90.8%

Equity €2.7m ▲ 32.2%

Debt €27.2m ▲ 22.7%

Debt's share of the balance-sheet total falls from 91.4% to 90.8%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1.4m▼

2024 · €1.5m

Cash flow

€1.0m▼

2024 · €1.2m

Current ratio

1.09▲

2024 · 1.06

Quick ratio

0.67▲

2024 · 0.59

Debt to equity

9.93▼

2024 · 10.69

ROE

24.4%▼

2024 · 31.4%

ROA

2.2%▼

2024 · 2.7%

Interest coverage

14.35▼

2024 · 320.69

Debt ≤ 1 year

€27.2m▲

2024 · €22.2m

Income taxes

€340,591▼

2024 · €384,265

Staff costs

€17.4m▲

2024 · €16.2m

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 202 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 99% are still going.

Medium-sized
20 years or older
solvency under 10%
a profit under 5% of the balance sheet

0.5% went bankrupt

0% stopped otherwise

99% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 202 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

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 70 lines

Balance sheet Code20242025

Assets

Total assets20/58€24.3m€30.0m▲

Fixed assets21/28€810,015€444,871▼

Tangible fixed assets22/27€810,015€444,871▼

Furniture and vehicles24€810,015€444,871▼

Assets under construction and advance payments27€0-

Current assets29/58€23.4m€29.5m▲

Stocks and contracts in progress3€10.4m€11.2m▲

Stocks30/36€10.4m€11.2m▲

Raw materials and consumables30/31€10.4m€11.1m▲

Advance payments36-€189,510

Amounts receivable within one year40/41€12.2m€17.9m▲

Trade receivables40€12.2m€17.9m▲

Other amounts receivable41€0-

Cash at bank and in hand54/58€523,163€123,212▼

Deferred charges and accrued income490/1€338,740€260,667▼

Equity and liabilities

Total equity and liabilities10/49€24.3m€30.0m▲

Equity10/15€2.1m€2.7m▲

Contributions10/11€62,000€62,000=

Capital10€62,000€62,000=

Issued capital100€62,000€62,000=

Reserves13€604,700€935,185▲

Non-distributable reserves130/1€6,200€6,200=

Legal reserve130€6,200€6,200=

Tax-exempt reserves132€0€330,485▲

Distributable reserves133€598,500€598,500=

Profit (loss) carried forward14€1.4m€1.7m▲

Amounts payable17/49€22.2m€27.2m▲

Amounts payable within one year42/48€22.2m€27.2m▲

Trade debts44€18.9m€16.5m▼

Suppliers440/4€18.9m€16.5m▼

Taxes, remuneration and social security45€3.2m€4.1m▲

Taxes450/3€867,100€1.2m▲

Remuneration and social security454/9€2.3m€2.9m▲

Other amounts payable47/48€78,686€6.7m▲

Accrued charges and deferred income492/3-€28,707

Income statement Code20242025

Operating income70/76A€107.3m€109.6m▲

Turnover70€93.1m€95.4m▲

Other operating income74€14.1m€14.0m▼

Non-recurring operating income76A€109,208€220,125▲

Operating charges60/66A€106.3m€108.6m▲

Goods for resale, raw materials and consumables60€10.4m€12.9m▲

Purchases600/8€12.9m€14.4m▲

Change in stocks: decrease (increase)609-€2.5m-€1.5m▲

Services and other goods61€78.7m€77.0m▼

Remuneration, social security and pensions62€16.2m€17.4m▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€525,747€360,028▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€420,187€821,188▲

Other operating charges640/8€18,211€15,070▼

Non-recurring operating charges66A€4,410€1,127▼

Operating profit (loss)9901€1.0m€1.1m▲

Financial income75/76B€28,245€41,718▲

Recurring financial income75€28,245€41,718▲

Income from current assets751€27,318€29,246▲

Other financial income752/9€927€12,472▲

Financial charges65/66B€6,148€100,871▲

Recurring financial charges65€6,148€100,871▲

Debt charges650€4,797€99,482▲

Other financial charges652/9€1,350€1,389▲

Profit (loss) for the period before taxes9903€1.0m€1.0m▼

Income taxes67/77€384,265€340,591▼

Taxes670/3€384,265€340,591▼

Profit (loss) for the period9904€650,558€667,866▲

Transfer from tax-exempt reserves789€231,550-

Transfer to tax-exempt reserves689-€330,485

Profit (loss) for the period to be appropriated9905€882,108€337,381▼

Appropriation of the result

Profit (loss) to be appropriated9906€1.6m€1.7m▲

Profit (loss) brought forward from the previous period14P€757,354€1.4m▲

Transfer to equity691/2€231,550-

To other reserves6921€231,550-

Social balance

Average headcount (FTE)9087139.3146.0▲

The notes to these accounts (38 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Operating income70/76A	€75.3m	€85.9m	€114.9m	€107.3m	€109.6m	▲ 2.2%
Turnover70	€65.1m	€76.1m	€97.1m	€93.1m	€95.4m	▲ 2.4%
Other operating income74	€10.2m	€9.8m	€17.8m	€14.1m	€14.0m	▼ 0.4%
Non-recurring operating income76A	€4,366	€15,597	€13,560	€109,208	€220,125	▲ 102%
Operating charges60/66A	€74.4m	€84.9m	€113.8m	€106.3m	€108.6m	▲ 2.1%
Goods for resale, raw materials and consumables60	€7.4m	€11.0m	€11.7m	€10.4m	€12.9m	▲ 24.4%
Purchases600/8	€7.1m	€12.0m	€12.3m	€12.9m	€14.4m	▲ 11.6%
Change in stocks: decrease (increase)609	€331,379	-€1.1m	-€605,150	-€2.5m	-€1.5m	▲ 40.9%
Services and other goods61	€54.0m	€59.4m	€86.0m	€78.7m	€77.0m	▼ 2.2%
Remuneration, social security and pensions62	€12.1m	€13.8m	€15.0m	€16.2m	€17.4m	▲ 7.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€389,355	€422,829	€573,343	€525,747	€360,028	▼ 31.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	€275,068	€419,312	€438,366	€420,187	€821,188	▲ 95.4%
Provisions for liabilities and charges: additions (uses and reversals)635/8	€195,000	-€210,000	-	-	-	-
Other operating charges640/8	€16,584	€24,638	€19,433	€18,211	€15,070	▼ 17.2%
Non-recurring operating charges66A	-	-	-	€4,410	€1,127	▼ 74.4%
Operating profit (loss)9901	€895,562	€992,865	€1.1m	€1.0m	€1.1m	▲ 5.4%
Financial income75/76B	€12,514	€18,619	€35,986	€28,245	€41,718	▲ 47.7%
Recurring financial income75	€12,514	€18,619	€35,986	€28,245	€41,718	▲ 47.7%
Income from current assets751	-	€2,846	€24,834	€27,318	€29,246	▲ 7.1%
Other financial income752/9	€12,514	€15,774	€11,152	€927	€12,472	▲ 1,245%
Financial charges65/66B	€1,349	€1,326	€6,340	€6,148	€100,871	▲ 1,541%
Recurring financial charges65	€1,349	€1,326	€6,340	€6,148	€100,871	▲ 1,541%
Debt charges650	-	-	€4,958	€4,797	€99,482	▲ 1,974%
Other financial charges652/9	€1,349	€1,326	€1,382	€1,350	€1,389	▲ 2.9%
Profit (loss) for the period before taxes9903	€906,726	€1.0m	€1.1m	€1.0m	€1.0m	▼ 2.5%
Income taxes67/77	€339,978	€352,081	€392,629	€384,265	€340,591	▼ 11.4%
Taxes670/3	€339,978	€352,081	€392,629	€384,265	€340,591	▼ 11.4%
Profit (loss) for the period9904	€566,748	€658,077	€757,354	€650,558	€667,866	▲ 2.7%
Transfer from tax-exempt reserves789	-	€213,600	-	€231,550	-	-
Transfer to tax-exempt reserves689	-	-	-	-	€330,485	-
Profit (loss) for the period to be appropriated9905	€566,748	€871,677	€757,354	€882,108	€337,381	▼ 61.8%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€18.7m	€21.5m	€26.0m	€24.3m	€30.0m	▲ 23.6%
Fixed assets21/28	€1.4m	€1.3m	€1.4m	€810,015	€444,871	▼ 45.1%
Tangible fixed assets22/27	€1.4m	€1.3m	€1.4m	€810,015	€444,871	▼ 45.1%
Furniture and vehicles24	€1.4m	€1.3m	€1.3m	€810,015	€444,871	▼ 45.1%
Assets under construction and advance payments27	-	-	€53,361	€0	-	-
Current assets29/58	€17.3m	€20.2m	€24.6m	€23.4m	€29.5m	▲ 25.9%
Stocks and contracts in progress3	€7.5m	€8.1m	€8.3m	€10.4m	€11.2m	▲ 8.3%
Stocks30/36	€7.5m	€8.1m	€8.3m	€10.4m	€11.2m	▲ 8.3%
Raw materials and consumables30/31	€7.5m	€8.1m	€8.3m	€10.4m	€11.1m	▲ 6.5%
Advance payments36	-	-	-	-	€189,510	-
Amounts receivable within one year40/41	€5.7m	€11.8m	€15.6m	€12.2m	€17.9m	▲ 46.7%
Trade receivables40	€5.7m	€11.8m	€15.6m	€12.2m	€17.9m	▲ 46.7%
Other amounts receivable41	-	€2,903	€9,592	€0	-	-
Cash at bank and in hand54/58	€4.0m	€102,105	€395,829	€523,163	€123,212	▼ 76.4%
Deferred charges and accrued income490/1	€191,087	€146,550	€270,962	€338,740	€260,667	▼ 23.0%
Equity and liabilities
Total equity and liabilities10/49	€18.7m	€21.5m	€26.0m	€24.3m	€30.0m	▲ 23.6%
Equity10/15	€666,700	€666,700	€1.4m	€2.1m	€2.7m	▲ 32.2%
Contributions10/11	€62,000	€62,000	€62,000	€62,000	€62,000	=
Capital10	€62,000	€62,000	€62,000	€62,000	€62,000	=
Issued capital100	€62,000	€62,000	€62,000	€62,000	€62,000	=
Reserves13	€604,700	€604,700	€604,700	€604,700	€935,185	▲ 54.7%
Non-distributable reserves130/1	€6,200	€6,200	€6,200	€6,200	€6,200	=
Legal reserve130	€6,200	€6,200	€6,200	€6,200	€6,200	=
Tax-exempt reserves132	€445,150	€231,550	€231,550	€0	€330,485	-
Distributable reserves133	€153,350	€366,950	€366,950	€598,500	€598,500	=
Profit (loss) carried forward14	-	-	€757,354	€1.4m	€1.7m	▲ 24.0%
Provisions and deferred taxes16	€210,000	-	-	-	-	-
Provisions for liabilities and charges160/5	€210,000	-	-	-	-	-
Other liabilities and charges164/5	€210,000	-	-	-	-	-
Amounts payable17/49	€17.8m	€20.8m	€24.6m	€22.2m	€27.2m	▲ 22.7%
Amounts payable within one year42/48	€17.8m	€20.8m	€24.6m	€22.2m	€27.2m	▲ 22.6%
Trade debts44	€15.2m	€16.9m	€20.8m	€18.9m	€16.5m	▼ 12.9%
Suppliers440/4	€15.2m	€16.9m	€20.8m	€18.9m	€16.5m	▼ 12.9%
Taxes, remuneration and social security45	€2.1m	€3.1m	€3.7m	€3.2m	€4.1m	▲ 26.7%
Taxes450/3	€149,092	€700,721	€1.3m	€867,100	€1.2m	▲ 40.8%
Remuneration and social security454/9	€2.0m	€2.4m	€2.4m	€2.3m	€2.9m	▲ 21.5%
Other amounts payable47/48	€566,748	€863,676	-	€78,686	€6.7m	▲ 8,369%
Accrued charges and deferred income492/3	-	-	-	-	€28,707	-

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€566,748	€658,077	€757,354	€650,558	€667,866	▲ 2.7%
+ Depreciation and write-downs630	€389,355	€422,829	€573,343	€525,747	€360,028	▼ 31.5%
Operating cash flow (approximation)	€956,103	€1.1m	€1.3m	€1.2m	€1.0m	▼ 12.6%
Investment in fixed assets (approximation)	-	-€358,240	-€607,958	€47,552	€5,116	▼ 89.2%
Change in cash	-	-€3.9m	€293,724	€127,334	-€399,951	▼ 414%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 47Financial 5Gazette 32Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

04-05

NBB filing Annual accounts filed

fiscal year 2025 · full schema

30-03

State Gazette act Resignation: Rob Kruitwagen (director)

Appointment: Kristien Schoonjans (director) · Director discharge · Power of attorney8 facts ▸

General meeting, 28 JANUARI 2026
Director resignation, Rob Kruitwagen (director)
Director discharge, Rob Kruitwagen
Director appointment, Kristien Schoonjans (director)
Power of attorney, Filip De Schutter
Power of attorney, Filip De Schutter
Power of attorney, Jan Verachtert
Power of attorney, Matty Bouvez

02-01

State Gazette act Resignation: Alexander Bom (director)

Appointment: Wim Ooms (director) · Director discharge4 facts ▸

General meeting, 24-10-2025
Director resignation, Alexander Bom (director)
Director discharge, Alexander Bom
Director appointment, Wim Ooms (director)

2025

12-06

State Gazette act Reappointments: Marc Das (director) and Rob Kruitwagen (director)

3 facts ▸

General meeting, 03-04-2025
Director reappointment, Marc Das (director)
Director reappointment, Rob Kruitwagen (director)

22-04

NBB filing Annual accounts filed

fiscal year 2024 · full schema

03-02

State Gazette act Resignation: Werner Bosch (director)

Appointment: Alexander Bom (director) · Director discharge4 facts ▸

General meeting, 06-12-2024
Director resignation, Werner Bosch (director)
Director discharge, Werner Bosch
Director appointment, Alexander Bom (director)

2024

31-12

Financial Equity above €2mEq €2.1m ▲45.7%

7 profitable years in a row build equity to €2.1m.

25-07

State Gazette act Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)

Mandate compensation3 facts ▸

General meeting, 04-04-2024
Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
Mandate compensation, EY Bedrijfsrevisoren BV

26-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Highest result since 2018net €757,354 ▲15.1%

Operating result €1.1m, net result €757,354, both a record.

31-12

Financial Equity above €1mEq €1.4m ▲114%

6 profitable years in a row build equity to €1.4m.

18-09

State Gazette act Resignation: Eric Trodoux (director)

Appointment: Karen De Boeck (director) · Mandate compensation4 facts ▸

General meeting, 06-04-2023
Director resignation, Eric Trodoux (director)
Director appointment, Karen De Boeck (director)
Mandate compensation, Karen De Boeck

Show earlier events

16-05

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

05-05

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

07-09

State Gazette act Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)

2 facts ▸

General meeting, 01-04-2021
Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)

02-09

State Gazette act Resignations & appointments

Power of attorney13 facts ▸

Board meeting, 27-01-2021
Power of attorney, Rob Kruitwagen
Power of attorney, Werner Bosch
Power of attorney, Eric Trodoux
Power of attorney, Marc Das
Power of attorney, Wim Ooms
Power of attorney, Hans Vercouteren
Power of attorney, Filip De Schutter
Power of attorney, Matty Bouvez
Power of attorney, Liesbeth Gommers
Power of attorney, Luc Crauwels
Power of attorney, Inge Denissen
+1 further facts in this act

30-04

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

16-09

State Gazette act Reappointment: Werner Bosch (mandataris)

Mandate compensation3 facts ▸

General meeting, 02-04-2020
Director reappointment, Werner Bosch (mandataris)
Mandate compensation, Werner Bosch

13-05

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

31-12

Financial Weakest financial yearnet €429,616 ▼24.7%

Net result drops to €429,616, the lowest in the series; recovery starts the following year.

31-12

Financial Equity above €500,000Eq €651,166 ▲194%

2 profitable years in a row build equity to €651,166.

13-09

State Gazette act Resignation: Tomas Van Dijck (director)

Appointment: Werner Bosch (director) · Reappointments: Eric Trodoux, Marc Das and Rutgerus (Rob) Kruitwagen · Mandate compensation10 facts ▸

General meeting, 04-04-2019
Director resignation, Tomas Van Dijck (director)
Director appointment, Werner Bosch (director)
Mandate compensation, Werner Bosch
Director reappointment, Eric Trodoux (director)
Director reappointment, Marc Das (director)
Director reappointment, Rutgerus (Rob) Kruitwagen (director)
Mandate compensation, Eric Trodoux
Mandate compensation, Marc Das
Mandate compensation, Rutgerus (Rob) Kruitwagen

16-05

NBB filing Annual accounts filed

fiscal year 2018 · full schema

05-04

State Gazette act Resignation: Tomas Van Dyck (director)

Appointment: Werner Bosch (director)4 facts ▸

Board meeting, 15-11-2018
Director resignation, Tomas Van Dyck (director)
Board meeting, 22-01-2019
Director appointment, Werner Bosch (director)

11-03

State Gazette act Resignations & appointments

Power of attorney14 facts ▸

Board meeting, 22-01-2019
Power of attorney, Rob Kruitwagen
Power of attorney, Werner Bosch
Power of attorney, Eric Trodoux
Power of attorney, Marc Das
Power of attorney, Wim Ooms
Power of attorney, Stan Robijns
Power of attorney, Filip De Schutter
Power of attorney, Matty Bouvez
Power of attorney, Liesbeth Gommers
Power of attorney, Luc Crauwels
Power of attorney, Inge Denissen
+2 further facts in this act

13-02

State Gazette act Resignation: Tomas Van Dyck (director)

2 facts ▸

Board meeting, 15-11-2018
Director resignation, Tomas Van Dyck (director)

07-01

State Gazette act Resignations & appointments

Power-of-attorney revocation · Power of attorney14 facts ▸

Board meeting, 15-11-2018
Power-of-attorney revocation, SVEX
Power of attorney, Rob Kruitwagen
Power of attorney, Eric Trodoux
Power of attorney, Marc Das
Power of attorney, Wim Ooms
Power of attorney, Stan Robijns
Power of attorney, Filip De Schutter
Power of attorney, Matty Bouvez
Power of attorney, Liesbeth Gommers
Power of attorney, Luc Crauwels
Power of attorney, Inge Denissen
+2 further facts in this act

07-01

State Gazette act Resignations: Peter Vandendriessche (director) and Ernst & Young (company auditor)

Appointment: Tomas Van Dyck (director) · Reappointment: Ernst & Young (statutory auditor) · Auditor representative6 facts ▸

General meeting, 05-04-2018
Director resignation, Peter Vandendriessche (director)
Director appointment, Tomas Van Dyck (director)
Auditor resignation, Ernst & Young (company auditor)
Auditor reappointment, Ernst & Young
Auditor representative, Ronald Van den Eecker (representative)

2018

22-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

21-11

State Gazette act Resignation: Peter Vandendriessche (director)

Appointment: Tomas Van Dyck (director) · Mandate compensation · Power of attorney18 facts ▸

Board meeting, 25-09-2017
Director resignation, Peter Vandendriessche (director)
Director appointment, Tomas Van Dyck (director)
Mandate compensation, Tomas Van Dyck
Power of attorney, Rob Kruitwagen
Power of attorney, Tomas Van Dyck
Power of attorney, Eric Tredoux
Power of attorney, Marc Das
Power of attorney, Daniel Dirickx
Power of attorney, Stan Robijns
Power of attorney, Filip De Schutter
Power of attorney, Matty Bouvez
+6 further facts in this act

27-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

05-01

State Gazette act Resignation: Paul De Bruycker (director)

Appointment: Rutgerus (Rob) Kruitwagen (director) · Mandate compensation4 facts ▸

Board meeting, 16-10-2015
Director resignation, Paul De Bruycker (director)
Director appointment, Rutgerus (Rob) Kruitwagen (director)
Mandate compensation, Rutgerus (Rob) Kruitwagen

2016

08-02

State Gazette act Resignation: Mazars Bedrijfsrevisoren BCVBA (statutory auditor)

Appointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor) · Director discharge4 facts ▸

General meeting, 01-10-2015
Director resignation, Mazars Bedrijfsrevisoren BCVBA (statutory auditor)
Director discharge, Mazars Bedrijfsrevisoren BCVBA
Auditor appointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)

2015

26-10

State Gazette act Reappointment: Eric Trodoux (director)

Mandate compensation3 facts ▸

General meeting, 02-04-2015
Director reappointment, Eric Trodoux (director)
Mandate compensation, Eric Trodoux

25-09

State Gazette act Resignation: Jean-Marie Aldenhoff (director)

Appointment: Marc Das (director) · Mandate compensation4 facts ▸

Board meeting, 22-06-2015
Director resignation, Jean-Marie Aldenhoff (director)
Director appointment, Marc Das (director)
Mandate compensation, Marc Das

06-05

State Gazette act Resignation: Mathieu Berthoud (director)

Appointment: Eric Trodoux (director) · Mandate compensation · Power of attorney15 facts ▸

Board meeting, 25-03-2015
Director resignation, Mathieu Berthoud (director)
Director appointment, Eric Trodoux (director)
Mandate compensation, Eric Trodoux
Power of attorney, Peter Vandendriessche
Power of attorney, Eric Trodoux
Power of attorney, Stan Robijns
Power of attorney, Daniel Dirickx
Power of attorney, Filip De Schutter
Power of attorney, Liesbeth Gommers
Power of attorney, Luc Crauwels
Power of attorney, Jérôme Waterkeyn
+3 further facts in this act

2014

13-08

State Gazette act Resignation: Willy Groffils (director)

Appointment: Peter Vandendriessche (director) · Mandate compensation4 facts ▸

General meeting, 03-04-2014
Director resignation, Willy Groffils (director)
Director appointment, Peter Vandendriessche (director)
Mandate compensation, Peter Vandendriessche

2013

04-12

State Gazette act Resignations & appointments

Power of attorney3 facts ▸

Board meeting, 21-06-2013
Power of attorney, Lieven Fermon
Power of attorney, Jérôme Waterkeyn

29-10

State Gazette act Reappointments: Mathieu Berthoud (director) and Van Passel, Mazars & Guerard, Bedrijfsrevisoren (statutory auditor)

Mandate compensation4 facts ▸

General meeting, 04-04-2013
Director reappointment, Mathieu Berthoud (director)
Mandate compensation, Mathieu Berthoud
Auditor reappointment, Van Passel, Mazars & Guerard, Bedrijfsrevisoren (statutory auditor)

2012

10-09

State Gazette act Resignations & appointments

Power of attorney · Reserved matters · Special rule15 facts ▸

Board meeting, 27-06-2012
Power of attorney, Jean-Marie Aldenhoff
Power of attorney, Willy Groffils
Power of attorney, Alain Konings
Power of attorney, Josef Staus
Power of attorney, Daniel Dirickx
Power of attorney, Filip De Schutter
Power of attorney, Liesbeth Gommers
Power of attorney, Luc Crauwels
Power of attorney, Lieven Fermon
Power of attorney, Veerle Vancrayenest
Power of attorney, Melissa Baetens
+3 further facts in this act

18-05

State Gazette act Permanent representatives: Hugo Van Passel, Anton Nuttens and Thomas Verhamme

4 facts ▸

Board meeting, 21-02-2012
Permanent representative, Hugo Van Passel
Permanent representative, Anton Nuttens
Permanent representative, Thomas Verhamme

2011

10-08

State Gazette act Resignations: Willy Groffils, Paul De Bruycker and Jean-Marie Aldenhoff

Reappointments: Willy Groffils, Paul De Bruycker and Jean-Marie Aldenhoff · Mandate compensation10 facts ▸

General meeting, 07-04-2011
Director resignation, Willy Groffils (director)
Director resignation, Paul De Bruycker (director)
Director resignation, Jean-Marie Aldenhoff (director)
Director reappointment, Willy Groffils (director)
Director reappointment, Paul De Bruycker (director)
Director reappointment, Jean-Marie Aldenhoff (director)
Mandate compensation, Willy Groffils
Mandate compensation, Paul De Bruycker
Mandate compensation, Jean-Marie Aldenhoff

24-02

State Gazette act Resignations & appointments

Power of attorney2 facts ▸

Board meeting, 19-05-2010
Power of attorney, Filip De Schutter

2010

11-05

State Gazette act Reappointment: Van Passel, Mazars & Guerard, Bedrijfsrevisoren (statutory auditor)

2 facts ▸

General meeting, 01-04-2010
Auditor reappointment, Van Passel, Mazars & Guerard, Bedrijfsrevisoren (statutory auditor)

2007

03-09

State Gazette act Appointments: Mathieu Berthoud (director) and Van Passel, Mazars & Guerard, Bedrijfsrevisoren (statutory auditor)

Resignation: Ernst & Young, Bedrijfsrevisoren (statutory auditor) · Permanent representative: Hugo Van Passel · Mandate compensation7 facts ▸

General meeting, 05-04-2007
Director appointment, Mathieu Berthoud (director)
Mandate compensation, Mathieu Berthoud
Auditor resignation, Ernst & Young, Bedrijfsrevisoren (statutory auditor)
Auditor appointment, Van Passel, Mazars & Guerard, Bedrijfsrevisoren (statutory auditor)
Permanent representative, Hugo Van Passel
Director appointment, Mathieu Berthoud (director)

2006

06-04

State Gazette act Appointments: Nick Maes, Marc Das and 3 others

Power of attorney21 facts ▸

Board meeting, 20-01-2006
Board composition, Paul De Bruycker (class A director)
Board composition, Willy Groffils (class A director)
Board composition, Dirk Cortvriend (class B director)
Board composition, Jean-Marie Aldenhoff (class B director)
Director appointment, Nick Maes (director (executive))
Director appointment, Marc Das (adjunct directeur)
Director appointment, Stefan Opdenakker (hoofd operaties)
Director appointment, Luc Crauwels (hoofd onderhoud)
Director appointment, Lieven Fermon (hoofd fin & adm)
Power of attorney, Nick Maes
Power of attorney, Marc Das
+9 further facts in this act

02-01

State Gazette act Incorporation

Appointments: Paul Cesar DE BRUYCKER, Willy Lambert Joseph GROFFILS and 3 others · Permanent representative: Vincent Etienne · Founding capital14 facts ▸

Incorporation, 16-12-2005
Founding capital, €62.000
Director appointment, Paul Cesar DE BRUYCKER (class A director)
Director appointment, Willy Lambert Joseph GROFFILS (class A director)
Director appointment, Dirk CORTVRIEND (class B director)
Director appointment, Jean-Marie Mathieu ALDENHOFF (class B director)
Mandate compensation, Paul Cesar DE BRUYCKER
Mandate compensation, Willy Lambert Joseph GROFFILS
Mandate compensation, Dirk CORTVRIEND
Mandate compensation, Jean-Marie Mathieu ALDENHOFF
Auditor appointment, ERNST & YOUNG BEDRIJFSREVISOREN (statutory auditor)
Permanent representative, Vincent Etienne
+2 further facts in this act

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

32 of 32 acts read

Directors · office · real estate

Directors

4 directors, no change since 2026

Board 4

Marc Das

Director · since 22-06-2015

Current

Karen De Boeck

Director · since 06-04-2023

Current

Wim Ooms

Director · since 01-11-2025

Current

Kristien Schoonjans

Director · since 28-01-2026

Current

3 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.

Dirk CORTVRIEND

Class B director · since 16-12-2005

Not recently confirmed

Jean-Marie Mathieu ALDENHOFF

Class B director · since 16-12-2005

Not recently confirmed

Willy Lambert Joseph GROFFILS

Class A director · since 16-12-2005

Not recently confirmed

Statutory auditor 1

Ernst et Young Reviseurs d'Entreprises

Statutory auditor · since 16-12-2005

Current

Other functions 5

Lieven Fermon

Hoofd fin & adm · since 06-04-2006

Not recently confirmed

Luc Crauwels

Hoofd onderhoud · since 06-04-2006

Not recently confirmed

Marc Das

Adjunct directeur · since 06-04-2006

Not recently confirmed

Nick Maes

Director (executive) · since 06-04-2006

Not recently confirmed

Stefan Opdenakker

Hoofd operaties · since 06-04-2006

Not recently confirmed

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, Beveren · 1 establishment unit since 2006

seat establishment approximate The establishment unit on the map

Ground area

21.2 ha

Building footprint

9,539 m²

Volume, LiDAR

248,686 m³

Parcel 46010A0100/00V000, Flanders · tallest building 43.8 m, ±8 floors. Linked by address, not a title deed.

1 establishment unit

SVEX

Molenweg(KAL) 910, 9130 BeverenCombined facilities support activities

since 20062.231.577.149

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46010A0100/00V000	Flanders	21.2 ha	1 · 9,539 m²	43.8 m · 8 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

25 people since 2005, 12 in office

All 25 In office 12 Ended 13

Board
Statutory auditor
Other function
not recently confirmed
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Marc Das	Adjunct directeur, from 06-04-2006 not ended, last confirmed 06-04-2006 Director, from 22-06-2015 to date
Karen De Boeck	Director, from 06-04-2023 to date
Wim Ooms	Director, from 01-11-2025 to date
Kristien Schoonjans	Director, from 28-01-2026 to date
Ernst et Young Reviseurs d'Entreprises	Statutory auditor, from 16-12-2005 to date
Dirk CORTVRIEND	Class B director, from 16-12-2005 not ended, last confirmed 02-01-2006
Jean-Marie Mathieu ALDENHOFF	Class B director, from 16-12-2005 not ended, last confirmed 02-01-2006
Willy Lambert Joseph GROFFILS	Class A director, from 16-12-2005 not ended, last confirmed 02-01-2006
Lieven Fermon	Hoofd fin & adm, from 06-04-2006 not ended, last confirmed 06-04-2006
Luc Crauwels	Hoofd onderhoud, from 06-04-2006 not ended, last confirmed 06-04-2006
Nick Maes	Director (executive), from 06-04-2006 not ended, last confirmed 06-04-2006
Stefan Opdenakker	Hoofd operaties, from 06-04-2006 not ended, last confirmed 06-04-2006
Rob Kruitwagen	Director, from 15-10-2015 to 28-01-2026
Alexander Bom	Director, from 01-12-2024 to 01-11-2025
Werner Bosch	Director, from 22-01-2019 to 01-12-2024 Mandataris, already before 16-09-2020 ended, last mentioned 16-09-2020
Eric TRODOUX	Director, from 11-02-2015 to 06-04-2023
Tomas Van Dijck	Director, until 02-04-2020
Tomas Van Dyck	Director, from 25-09-2017 to 31-10-2018 Director, until 01-02-2019
Peter Vandendriessche	Director, from 03-04-2014 to 31-05-2017 Director, until 05-04-2018
DE BRUYCKER Paul, Cesar	Class A director, from 16-12-2005 to 07-04-2011 Director, already before 07-04-2011 to 15-10-2015
Mazars Bedrijfsrevisoren BCVBA	Statutory auditor, until 01-10-2015
Jean-Marie Aldenhoff	Director, already before 07-04-2011 to 22-06-2015
Mathieu Berthoud	Director, from 05-04-2007 to 11-02-2015
Willy Groffils	Director, already before 07-04-2011 to 03-04-2014
Van Passel, Mazars & Guerard, Bedrijfsrevisoren	Statutory auditor, from 01-01-2007 to 29-10-2013

Show all 25 people Show the first 12See the board, name and seat on a given date →

Articles of association

Purpose

De vennootschap heeft tot doel zowel in Belgie als in het buitenland zowel in eigen naam en voor eigen rekening als in naam of voor rekening van derden, alleen of in samenwerking…

Full purpose

De vennootschap heeft tot doel zowel in Belgie als in het buitenland zowel in eigen naam en voor eigen rekening als in naam of voor rekening van derden, alleen of in samenwerking met derden het stellen van alle handelingen die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk betrekking hebben op het onderhouden en technisch bedienen van inrichtingen voor de verwerking en behandeling van afvalstoffen, gekend als de "roosteroveninstallatie" enerzijds en de "wervelbedinstallatie" gelegen te 9130 Doel, Haven 1940, Molenweg 910, één en ander steeds in de ruimste betekenis, en met inbegrip van de handelingen die nodig, nuttig of bevorderlijk zijn in het kader van de uitoefening of verwezenlijking van haar doel

according to the deed of 02-01-2006

Structure & network

Owners and holdings

2 owners

Owners 2

INDAVER

Sourceown accounts 2025 accounts INDAVER 2025

50%
Veolia Environmental Services Belux

Sourceown accounts 2025 accounts Veolia Environmental Services Belux 2025

50%

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of SVEX and those 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

15 connected companies

Depth

Shared directors

This 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

Indaver Holding

via Wim Ooms · General manager bl msws regio belgië

→

INDAVER LOGISTICS

via Wim Ooms · Directeur plant doel

→

Indaver Municipal Services

via Wim Ooms · General manager bl msws regio belgië

→

Slib-en Co - Verwerkings Centrale

via Marc Das and Wim Ooms · Director

→

Show 11 more companies with a shared director

UPGRADE BIO-ENERGY

via Marc Das · Director

→

UVELIA

via Marc Das · Membre du comité de direction, délégué à la gestion journalière et administrateur

→

Veolia Environmental Services BE

via Marc Das · Director

→

AQUIRIS

Shared director

→

DRANCO

Shared director

→

Indaver Separation Technologies

Shared director

→

InOpSys

Shared director

→

Intercommunale de Gestion de l'Environnement

Shared director

→

PDB

Shared director

→

Pôle GREENWIN

Shared director

→

RECYHOC

Shared director

→

Capital and shareholders

Shareholders according to the acts

At incorporation act of 02-01-2006 ↗

INDAVER (BE 0427.973.304) founder
SITA BELGIUM (BE 0403.316.397) founder

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years

02-01-2006 Incorporation · 62,000 EUR · 6,200 shares

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 2,045 EUR awarded · 2,045 EUR paid

Year	Entries	awarded	paid
2022	1	2,045 EUR	2,045 EUR

Schemes

Vlaams opleidingsverlof (VOV)

1 entry · 2,045 EUR · 2,045 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

1 live approval · 2 ended

Chemische procestechnieken duaal (so)

Goedgekeurd · 2026 to 2031

Show 2 ended approvals

Chemische procestechnieken duaal (so)

ended · 2021 to 2026

Chemische procestechnieken duaal (so)

ended · 2016 to 2021

Similar companies · same sector, comparable size

Machiels

BE 0413.665.903

Hasselt · Eq €2,758,557

VINDEVOGEL INVEST

BE 0892.266.079

Oudenaarde · Eq €2,777,270

TOP-MIX RECYCLING

BE 0720.650.018

Oostende · Eq €2,550,646

RECYMEX

BE 0456.821.795

Saint-Ghislain · Eq €2,531,018

DEFEDER SAMAGRO

BE 0430.063.653

Alveringem · Eq €2,495,859

Of 279 companies in sector 38330 we hold annual accounts for 240. 169 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

Founded21-12-2005

Fiscal year end31-12

Activities, NACEBEL 2025

38330Waste collection, recovery and disposal activities

E-invoicing

Reachable via Peppol

Peppol ID 0208:0878075276

Also 9925:BE0878075276

Scores and ratios are computed by Checked and are not a credit decision.