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Intergemeentelijke Vereniging voor Afvalbeheer in Gent en Omstreken

Active
Opdrachthoudende vereniging (Vlaams Gewest)founded 199432 yrs activeProeftuinstraat 43, 9000 Gent, BelgiumKBO/BCE: BE 0252.828.916

For the legal form of Intergemeentelijke Vereniging voor Afvalbeheer in Gent en Omstreken, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €51.19M and a net result of €2.22M. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 230 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
84 / 100
Excellent▲ +10 vs 2024
The score weighs solvency, liquidity, profitability and financial development. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+1
Solvency90▲+12
Growth68▼-1
Track record100
Credit verdict
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.14 in 2024; short-term debt: 26% and cash: 34.4% of total assets), and 34.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
9 d early
2023
21 d early
2022
2 d late
2021
27 d early
2020
31 d early
2019
32 d early
← before the deadline after the deadline →
neutral · 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

Financials · fiscal year 2025, full schema

Turnover
€81.14M▼ 2.7%
2024 · €83.37M
2018: €60.35M 2019: €61.62M 2020: €64.58M 2021: €68.11M 2022: €79.04M 2023: €75.48M 2024: €83.37M
2018 → 2025
EBIT margin
0.1%▲ 1.1pp
2024 · -1.0%
2018: -0.8% 2019: -2.6% 2020: -1.6% 2021: -0.8% 2022: -0.1% 2023: -0.6% 2024: -1.0%
2018 → 2025
Net result
€2.22M▲ 286%
2024 · €575k
2018: €-36k 2019: €-1.45M 2020: €-900k 2021: €-420k 2022: €104k 2023: €180k 2024: €575k
2018 → 2025
Working capital
€15.64M▲ 380%
2024 · €3.26M
2018: €-12.73M 2019: €-14.42M 2020: €-14.47M 2021: €-14.72M 2022: €-9.30M 2023: €-2.64M 2024: €3.26M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€68.11M-€79.04M▲ 16.0%€75.48M▼ 4.5%€83.37M▲ 10.5%€81.14M▼ 2.7%
Equity€15.19M-€18.00M▲ 18.5%€28.99M▲ 61.1%€36.35M▲ 25.4%€51.19M▲ 40.8%
Operating result€-546k-€-59k▲ 89.1%€-424k▼ 613%€-830k▼ 95.9%€87k
Net result€-420k-€104k€180k▲ 73.8%€575k▲ 219%€2.22M▲ 286%
Result per fiscal year
Operating resultNet result
€-1.00M€0€1.00M€2.00MOperating result 2021: €-546k€-546kNet result 2021: €-420k€-420kOperating result 2022: €-59k€-59kNet result 2022: €104k€104kOperating result 2023: €-424k€-424kNet result 2023: €180k€180kOperating result 2024: €-830k€-830kNet result 2024: €575k€575kOperating result 2025: €87k€87kNet result 2025: €2.22M€2.22M20212022202320242025
The operating result returns to profit in 2025: €87k after a loss of €830k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78.39M
Fixed assets €42.38M▲ 2.0%
Current assets €36.02M▲ 34.7%
Equity and liabilities €78.39M
Equity €51.19M▲ 40.8%
Provisions €5.82M▼ 8.2%
Debt €21.38M▼ 16.4%
The debt ratio falls from 37.5% to 27.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7.40M
2024 · €8.01M
Cash flow
€9.53M
2024 · €9.42M
Solvency
65.3%
2024 · 53.2%
Current ratio
1.77
2024 · 1.14
Quick ratio
1.68
2024 · 1.05
Debt / equity
0.42
2024 · 0.70
ROE
4.3%
2024 · 1.6%
ROA
2.8%
2024 · 0.8%
Interest coverage
2297.61
2024 · 429.77
Debt
€21.38M
2024 · €25.58M
Debt ≤ 1 year
€20.38M
2024 · €23.48M
Debt > 1 year
€0
2024 · €1.00M
Income taxes
€-3k
2024 · €6k
Staff costs
€32.84M
2024 · €35.28M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€68.28M€78.39M
Fixed assets21/28€41.54M€42.38M
Intangible fixed assets21€9.75M€9.81M
Tangible fixed assets22/27€31.53M€32.16M
Land and buildings22€10.94M€10.40M
Plant, machinery and equipment23€10.06M€9.27M
Furniture and vehicles24€9.76M€11.67M
Assets under construction and advance payments27€766k€809k
Financial fixed assets28€263k€415k
Affiliated companies280/1-€165k
Amounts receivable281-€165k
Other financial fixed assets284/8€263k€250k
Shares284€235k€235k=
Amounts receivable and cash guarantees285/8€28k€15k
Current assets29/58€26.75M€36.02M
Stocks and contracts in progress3€2.15M€1.78M
Stocks30/36€2.15M€1.78M
Raw materials and consumables30/31€173k€180k
Goods purchased for resale34€1.98M€1.60M
Amounts receivable within one year40/41€6.89M€6.81M
Trade receivables40€6.71M€6.45M
Other amounts receivable41€185k€357k
Cash at bank and in hand54/58€17.43M€26.99M
Deferred charges and accrued income490/1€272k€439k
Equity and liabilities
Total equity and liabilities10/49€68.28M€78.39M
Equity10/15€36.35M€51.19M
Contributions10/11€10.94M€10.95M=
Capital10€10.94M€10.95M=
Issued capital100€10.94M€10.95M=
Outside capital11€79€79=
Share premium1100/10€79-
Other1109/19-€79
Reserves13€4.97M€4.82M
Non-distributable reserves130/1€4.97M€4.82M
Legal reserve130€556k€414k
Other1319€4.41M€4.41M=
Profit (loss) carried forward14€-895k€1.21M
Investment grants15€21.34M€34.21M
Provisions and deferred taxes16€6.35M€5.82M
Provisions for liabilities and charges160/5€6.35M€5.82M
Major repairs and maintenance162€6.23M€5.82M
Other liabilities and charges164/5€116k-
Amounts payable17/49€25.58M€21.38M
Amounts payable after more than one year17€1.00M€0
Financial debts170/4€1.00M-
Credit institutions173€1.00M€0
Amounts payable within one year42/48€23.48M€20.38M
Current portion of amounts payable after more than one year42€2.91M€1.00M
Trade debts44€8.91M€9.38M
Suppliers440/4€8.91M€9.38M
Taxes, remuneration and social security45€7.81M€6.33M
Taxes450/3€763k€598k
Remuneration and social security454/9€7.05M€5.73M
Other amounts payable47/48€3.85M€3.67M
Accrued charges and deferred income492/3€1.10M€1.01M
Income statement Code20242025
Operating income70/76A€86.41M€82.95M
Turnover70€83.37M€81.14M
Change in stocks of work in progress, finished goods and contracts in progress71€291k€392k
Other operating income74€2.74M€1.42M
Operating charges60/66A€87.23M€82.86M
Goods for resale, raw materials and consumables60€3.47M€3.53M
Purchases600/8€3.57M€3.96M
Change in stocks: decrease (increase)609€-101k€-422k
Services and other goods61€38.21M€38.04M
Remuneration, social security and pensions62€35.28M€32.84M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8.84M€7.31M
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€18k€550k
Provisions for liabilities and charges: additions (uses and reversals)635/8€246k€-522k
Other operating charges640/8€1.09M€1.09M
Non-recurring operating charges66A€83k€17k
Operating profit (loss)9901€-830k€87k
Financial income75/76B€1.51M€2.20M
Recurring financial income75€1.51M€2.20M
Income from current assets751-€4k
Other financial income752/9€1.51M€2.20M
Financial charges65/66B€104k€73k
Recurring financial charges65€104k€56k
Debt charges650€19k€3k
Other financial charges652/9€85k€53k
Non-recurring financial charges66B-€17k
Profit (loss) for the period before taxes9903€580k€2.21M
Income taxes67/77€6k€-3k
Taxes670/3€6k-
Tax adjustments and reversals of tax provisions77-€3k
Profit (loss) for the period9904€575k€2.22M
Profit (loss) for the period to be appropriated9905€575k€2.22M
Appropriation of the result
Profit (loss) to be appropriated9906€-895k€1.32M
Profit (loss) brought forward from the previous period14P€-1.47M€-895k
Transfer to equity691/2-€111k
To the legal reserve6920-€111k
Social balance
Average headcount (FTE)9087398.0399.0

The notes to these accounts (79 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
10-02
State Gazette act Capital & shares · Statutes amendment · Resignations & appointments
General meeting · Member admission · Share issue7 facts ▸
  • General meeting, 2025-12-17
  • Member admission, OCMW van de stad Gent
  • Share issue, I-aandelen, 3
  • Share issue, V-aandelen, 3
  • Capital increase, €1.488
  • Statutes amendment
  • Corporate purpose, Het beheer van afval waaronder de Afvalinzameling, Afvalverwerking en Openbare reiniging van de bij haar aangesloten deelnemers.
65.3% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
2025
31-12
Financial Highest result since 2018net €2.22M ▲286%
Operating result €87k, net result €2.22M, both a record.
31-12
Financial Equity above €50MEq €51.19M ▲40.8%
4 profitable years in a row build equity to €51.19M.
31-10
State Gazette act Resignations & appointments
General meeting · Auditor appointment · Permanent representative3 facts ▸
  • General meeting, 2025-09-24
  • Auditor appointment, Baker Tilly Bedrijfsrevisoren
  • Permanent representative, Christel De Blander
07-08
State Gazette act Capital & shares · Statutes amendment · Resignations & appointments
General meeting · Member resignation · Capital decrease14 facts ▸
  • General meeting, 2025-06-25
  • Member resignation, ECOV N.V.
  • Capital decrease, €4.975.624
  • Director resignation, Alain Konings (bestuurder)
  • Director resignation, Mieke Hoorens (bestuurder)
  • Director resignation, Peter De Vylder (bestuurder)
  • Statutes amendment
  • Statutes amendment
  • Capital, €14.000.000
  • Corporate purpose, Het beheer van afval waaronder de Afvalinzameling, Afvalverwerking en Openbare reiniging van de bij haar aangesloten deelnemers.
  • Capital increase
  • Director appointment, Intergemeentelijke Vereniging voor Afvalbeheer in Gent en Omstreken
  • +2 further facts in this act
78% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
22-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
12-05
State Gazette act Resignations & appointments
General meeting · Director resignation · Director discharge33 facts ▸
  • General meeting, 2025-03-26
  • Director resignation, Sophie Bracke (bestuurder)
  • Director resignation, Bert Misplon (bestuurder)
  • Director resignation, Bram Van Braeckevelt (bestuurder)
  • Director resignation, Mieke Bouve (bestuurder)
  • Director resignation, Nicolas Vanden Eynden (bestuurder)
  • Director resignation, Jean Pierre Goossens (bestuurder)
  • Director resignation, Stijn De Roo (bestuurder)
  • Director resignation, Tine De Moor (bestuurder)
  • Director resignation, Michaël Vercruyssen (bestuurder)
  • Director resignation, Koen Van Hende (bestuurder)
  • Director resignation, Alain Konings (bestuurder)
  • +21 further facts in this act
2024
10-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
26-04
State Gazette act Registered office · Statutes amendment
General meeting · Statutes amendment · Corporate purpose4 facts ▸
  • General meeting, 2023-12-20
  • Statutes amendment
  • Corporate purpose, IVAGO heeft tot doel het beheer van afvalstoffen, zoais omschreven in artikel 3 van deze Statuten. Zij mag alle technische, economische, financiële, sociale en…
  • Capital, €248.000
51% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
2023
31-12
Financial Equity above €25MEq €28.99M ▲61.1%
2 profitable years in a row build equity to €28.99M.
02-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 2 days late
02-02
State Gazette act Resignations & appointments
General meeting · Director resignation · Director appointment3 facts ▸
  • General meeting, 2022-12-21
  • Director resignation, Werner Annaert (bestuurder)
  • Director appointment, Peter De Vylder (bestuurder)
2022
31-12
Financial Back to profitnet €104k
Net result €104k after 4 loss-making years.
06-10
State Gazette act Resignations & appointments
General meeting · Auditor reappointment · Permanent representative3 facts ▸
  • General meeting, 2022-06-29
  • Auditor reappointment, Mandaat vervalt na de algemene vergadering over de rekeningen van het boekjaar 2024, 2022-2024
  • Permanent representative, Thomas Verhamme
06-10
State Gazette act Resignations & appointments
General meeting · Director resignation · Director appointment5 facts ▸
  • General meeting, 2022-06-29
  • Director resignation, Renaat Desutter (bestuurder)
  • Director appointment, Koen Van Hende (bestuurder)
  • Director resignation, Laura Van Renterghem (bestuurslid met raadgevende stem)
  • Director appointment, Alain Torcq (bestuurslid met raadgevende stem)
04-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
11-03
State Gazette act Resignations & appointments
General meeting · Director appointment · Director resignation35 facts ▸
  • General meeting, 2021-06-23
  • Director appointment, Werner Annaert (bestuurder)
  • Director resignation, Steven Verbraeken (bestuurder)
  • Director appointment, Joren Verschaeven (deskundige binnen de raad van bestuur)
  • Board composition, voorzitter, 2021-04-28
  • Board composition, 1º ondervoorzitter, 2021-04-28
  • Board composition, bestuurder, 2021-04-28
  • Board composition, bestuurder, 2021-04-28
  • Board composition, bestuurder, 2021-04-28
  • Board composition, bestuurder, 2021-04-28
  • Board composition, bestuurder, 2021-04-28
  • Board composition, bestuurder, 2021-04-28
  • +23 further facts in this act
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
04-12
State Gazette act Resignations & appointments
General meeting · Director appointment · Director resignation31 facts ▸
  • General meeting, 2020-06-24
  • Director appointment, Alain Konings (bestuurder, 2º ondervoorzitter)
  • Director resignation, Geert Maes
  • Director appointment, Nicolas Vanden Eynden (bestuurder)
  • Director resignation, Steve Stevens
  • Board composition, voorzitter, 2020-02-26
  • Board composition, 1º ondervoorzitter, 2020-02-26
  • Board composition, bestuurder, 2020-02-26
  • Board composition, bestuurder, 2020-02-26
  • Board composition, bestuurder, 2020-02-26
  • Board composition, bestuurder, 2020-02-26
  • Board composition, bestuurder, 2020-02-26
  • +19 further facts in this act
29-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
23-01
State Gazette act Statutes amendment
General meeting · Statutes amendment · Capital4 facts ▸
  • General meeting, 2019-06-24
  • Statutes amendment, 6
  • Capital, €248.000
  • Corporate purpose, IVAGO heeft tot doel het beheer van afvalstoffen, zoals omschreven in artikel 3 van deze Statuten. Zij mag alle technische, economische, financiële, sociale en…
50.6% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
2019
31-12
Financial Weakest financial yearnet €-1.45M
Net result drops to €-1.45M, the lowest in the series; recovery starts the following year.
09-08
State Gazette act Resignations & appointments
General meeting · Auditor appointment2 facts ▸
  • General meeting, 2019-06-26
  • Auditor appointment, Mazars
02-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
29-04
State Gazette act Statutes amendment
General meeting · Statutes amendment · Capital6 facts ▸
  • General meeting, 2018-12-19
  • Statutes amendment
  • Capital, €248.000
  • Corporate purpose, IVAGO heeft tot doel het beheer van afvalstoffen, zoals omschreven in artikel 3 van deze Statuten. Zij mag alle technische, economische, financiële, sociale en…
  • Duration, Oprichting op 6 juni 1994 voor de duur van dertig jaar; ingevolge bepalingen van dwingend recht verstrijkt de duur op 9 november 2019 om 24.00 u.
  • Statutes amendment
49.2% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
26-04
State Gazette act Resignations & appointments
General meeting · Director resignation · Director appointment36 facts ▸
  • General meeting, 2019-03-20
  • Director resignation, Tine Heyse (bestuurder)
  • Director resignation, Sofie Bracke (bestuurder)
  • Director resignation, Stephanie D'Hose (bestuurder)
  • Director resignation, Astrid De Bruycker (bestuurder)
  • Director resignation, Sara Matthieu (bestuurder)
  • Director resignation, Anne Schiettekatte (bestuurder)
  • Director resignation, Pascal Verbeke (bestuurder)
  • Director resignation, Bruno Matthys (bestuurder)
  • Director resignation, Elsie Sierens (bestuurder)
  • Director resignation, Lien Vercruysse (bestuurder)
  • Director resignation, Mieke Hoorens (bestuurder)
  • +24 further facts in this act
06-03
State Gazette act Resignations & appointments
General meeting · Director appointment · Director resignation39 facts ▸
  • General meeting, 2018-12-19
  • Director appointment, Pascal Verbeke (bestuurder)
  • Director resignation, Mieke Bouve (gemeenteraadslid)
  • Board composition, voorzitter, 2018-12-19
  • Board composition, bestuurder, 2018-12-19
  • Board composition, bestuurder, 2018-12-19
  • Board composition, bestuurder, 2018-12-19
  • Board composition, bestuurder, 2018-12-19
  • Board composition, bestuurder, 2018-12-19
  • Board composition, bestuurder, 2018-12-19
  • Board composition, bestuurder, 2018-12-19
  • Board composition, eerste ondervoorzitter, 2018-12-19
  • +27 further facts in this act
2018
19-12
State Gazette act Resignations & appointments
General meeting · Auditor appointment2 facts ▸
  • General meeting, 2016-06-29
  • Auditor appointment, Mazars
29-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
23-01
State Gazette act Capital & shares · Resignations & appointments
Board meeting · General meeting · Capital increase44 facts ▸
  • Board meeting, 2017-09-06
  • General meeting, 2017-12-20
  • Capital increase
  • Capital decrease
  • Director appointment, Elsie Sierens (bestuurder, ondervoorzitter)
  • Director resignation, Yves De Lausnay (bestuurder)
  • Director appointment, Marc Heughebaert (deskundige voor gemeente-deelnemer stad Gent)
  • Director resignation, Maryns - Van Autreve (deskundige voor gemeente-deelnemer stad Gent)
  • Board composition, voorzitter, 2017-12-20
  • Board composition, bestuurder, 2017-12-20
  • Board composition, bestuurder, 2017-12-20
  • Board composition, bestuurder, 2017-12-20
  • +32 further facts in this act
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
17-02
State Gazette act Statutes amendment · Resignations & appointments
General meeting · Statutes amendment · Capital4 facts ▸
  • General meeting, 2016-06-29
  • Statutes amendment
  • Capital, €248.000
  • Corporate purpose, IVAGO heeft tot doel het beheer van afvalstoffen, zoals omschreven in artikel 3 van deze Statuten. Zij mag alle technische, economische, financiële, sociale en…
44.6% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
2015
30-09
State Gazette act Statutes amendment
General meeting · Statutes amendment · Capital4 facts ▸
  • General meeting, 2015-06-24
  • Statutes amendment
  • Capital, €248.000
  • Corporate purpose, IVAGO heeft tot doel het beheer van afvalstoffen, zoals omschreven in artikel 3 van deze Statuten. Zij mag alle technische, economische, financiële, sociale en…
45.7% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
21-05
State Gazette act Statutes amendment
General meeting · Accounting effect · Statutes amendment5 facts ▸
  • General meeting, 2014-12-17
  • Accounting effect, 2014-01-01
  • Statutes amendment
  • Capital, €248.000
  • Corporate purpose, IVAGO heeft tot doel het beheer van afvalstoffen, zoals omschreven in artikel 3 van deze Statuten. Zij mag alle technische, economische, financiële, sociale en…
41.8% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
2014
06-10
State Gazette act Resignations & appointments
General meeting · Director resignation · Director appointment39 facts ▸
  • General meeting, 2014-06-18
  • Director resignation, Ellen Joncheere (bestuurder)
  • Director appointment, Axelle Heuvelmans (bestuurder)
  • Director appointment, Katleen Penel (manager Personeel)
  • Director appointment, Bart De Keulenaere (manager Afvalenergiecentrale)
  • Board composition, voorzitter, 2014-06-18
  • Board composition, bestuurder, 2014-06-18
  • Board composition, bestuurder, 2014-06-18
  • Board composition, bestuurder, 2014-06-18
  • Board composition, bestuurder, 2014-06-18
  • Board composition, bestuurder, 2014-06-18
  • Board composition, bestuurder, 2014-06-18
  • +27 further facts in this act
2013
13-11
State Gazette act Resignations & appointments
General meeting · Auditor appointment2 facts ▸
  • General meeting, 2013-06-19
  • Auditor appointment, Mazars
27-06
State Gazette act Resignations & appointments
General meeting · Director resignation · Director appointment48 facts ▸
  • General meeting, 2013-03-27
  • Director resignation, Tom Balthazar (bestuurder)
  • Director resignation, Georges Heerman (bestuurder)
  • Director resignation, Lieven Decaluwe (bestuurder)
  • Director resignation, Sami Souguir (bestuurder)
  • Director resignation, Albin De Rocker (bestuurder)
  • Director resignation, Rudi Coddens (bestuurder)
  • Director resignation, Martine De Regge (bestuurder)
  • Director resignation, Catharina Segers (bestuurder)
  • Director resignation, Sofie Bracke (bestuurder)
  • Director resignation, Saban Gök (bestuurder)
  • Director resignation, Filip Van Laecke (bestuurder met raadgevende stem)
  • +36 further facts in this act
2012
31-01
State Gazette act Resignations & appointments
General meeting · Director resignation · Director appointment48 facts ▸
  • General meeting, 2011-12-21
  • Director resignation, Didier Naessens (bestuurder)
  • Director appointment, Ellen Joncheere (bestuurder)
  • Director resignation, Vera Dua (bestuurder met raadgevende stem)
  • Director appointment, Tine Heyse (bestuurder met raadgevende stem)
  • Board meeting, 2011-02-16
  • Board meeting, 2011-05-23
  • Board meeting, 2011-12-21
  • Director appointment, Nele Renneboog (juridisch adviseur, tevens adjunct-secretaris van de bestuursorganen)
  • Director appointment, Didier Naessens (algemeen directeur)
  • Director appointment, Joke Bobelyn (manager Afvalverbrandingsinstallatie)
  • Director appointment, Stephan Gevaert (manager Financiën)
  • +36 further facts in this act
2011
13-04
State Gazette act Resignations & appointments
General meeting · Auditor appointment2 facts ▸
  • General meeting, 2010-06-23
  • Auditor appointment, Ernst & Young
2007
30-04
State Gazette act Resignations & appointments
General meeting · Director resignation · Director appointment31 facts ▸
  • General meeting, 2007-03-28
  • Director resignation, Intergemeentelijke Vereniging voor Afvalbeheer in Gent en omstreken (bestuurder en bestuurder met raadgevende stem)
  • Director appointment, Georges Heerman (bestuurder)
  • Director appointment, Albin De Rocker (bestuurder)
  • Director appointment, Tom Balthazar (bestuurder)
  • Director appointment, Rita Uyttendaele (bestuurder)
  • Director appointment, Lieven Decaluwe (bestuurder)
  • Director appointment, Martine De Regge (bestuurder)
  • Director appointment, Rudy Coddens (bestuurder)
  • Director appointment, Catharina Segers (bestuurder)
  • Director appointment, Sofie Bracke (bestuurder)
  • Director appointment, Saban Gök (bestuurder)
  • +19 further facts in this act
2006
23-01
State Gazette act Statutes amendment
General meeting · Statutes amendment · Capital4 facts ▸
  • General meeting, 2005-12-29
  • Statutes amendment
  • Capital, €248.000
  • Corporate purpose, IVAGO heeft tot doel het beheer van afvalstoffen, zoals omschreven in artikel 3 van deze Statuten Zij mag alle technische, economische, financiële, sociale en a…
43.1% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
82 directors, last change in 2025
Alain Torcq
Bestuurder met raadgevende stem · since 26-03-2025
Current
Bert Misplon
Director · since 26-03-2025
Current
Bruno Matthys
Director · since 26-03-2025
Current
Els De Keyser
Director · since 26-03-2025
Current
Els Roegiers
Bestuurder met raadgevende stem · since 26-03-2025
Current
Koen Van Hende
Director · since 26-03-2025
Current
+ 40 not shown in this overview
25-06-2025 Alain Konings: Resigned as Director
25-06-2025 Mieke Hoorens: Resigned as Director
25-06-2025 Peter De Vylder: Resigned as Director
26-03-2025 Alain Torcq: Resigned as Bestuurder met raadgevende stem
26-03-2025 Alain Torcq: Appointed as Bestuurder met raadgevende stem
26-03-2025 Bert Misplon: Resigned as Director
26-03-2025 Bert Misplon: Appointed as Director
26-03-2025 Bruno Matthys: Appointed as Director
26-03-2025 Els De Keyser: Appointed as Director
26-03-2025 Els Roegiers: Appointed as Bestuurder met raadgevende stem
26-03-2025 Koen Van Hende: Appointed as Director
26-03-2025 Koen Van Hende: Resigned as Director
26-03-2025 Michaël Vercruyssen: Resigned as Director
26-03-2025 Michaël Vercruyssen: Appointed as Director
26-03-2025 Nicolas Vanden Eynden: Resigned as Director
26-03-2025 Nicolas Vanden Eynden: Appointed as Director
26-03-2025 Sophie Bracke: Resigned as Director
26-03-2025 Sophie Bracke: Appointed as Director
26-03-2025 Taeldeman, Sven: Appointed as Director
26-03-2025 Tine De Moor: Appointed as Director
26-03-2025 Tine De Moor: Resigned as Director
26-03-2025 Veerle Baert: Appointed as Director
26-03-2025 Filip Van Laecke: Appointed as Bestuurder met raadgevende stem
26-03-2025 Jean-Pierre Goossens: Resigned as Director
+ 197 not shown in this overview
Not every act has been read: a resignation may be missing here
9 acts were read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 6 establishment units since 1994
establishment approximate All 6 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Proeftuinstraat 439000 Gent
Ground area
2.6 ha
Building footprint
853 m²
Volume, LiDAR
106 m³
6 parcels, Flanders · tallest building 2.9 m, ±1 floor. Linked by address, not a title deed.
6 establishment units
IVAGO opdrachthoudende vereniging
Proeftuinstraat 43, 9000 GentArts creation and performing arts activities
since 19942.159.313.535
Recyclagepark Destelbergen
Stapsteenweg(Heu) 8Y, 9070 DestelbergenWaste collection, recovery and disposal activities
since 20222.335.331.022
Recyclagepark Oostakker
Lourdesstraat 4, 9041 GentWaste collection, recovery and disposal activities
since 20222.335.331.220
Recyclagepark Drongen
Koninginnelaan 1Z, 9031 GentWaste collection, recovery and disposal activities
since 20222.335.331.517
Recyclagepark Gent
Gaardeniersweg 21, 9000 GentWaste collection, recovery and disposal activities
since 20222.335.331.814
Recyclagepark Gentbrugge
Jan Samijnstraat 2, 9050 GentWaste collection, recovery and disposal activities
since 20222.335.332.111
6 parcels
Flanders 6 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44342B0195/00R000 Flanders 8,544 m² 1 · 552 m² -
44807G0291/00E000 Flanders 5,770 m² 1 · 40 m² 2.9 m · 1 fl.
44808H0387/00D000 Flanders 5,689 m² - -
44362B0288/00E013 Flanders 4,149 m² - -
44372A0364/00F000 Flanders 1,374 m² 1 · 261 m² -
44051D0883/00S002 Flanders 11 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 5
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

3 auditors
Baker Tilly BedrijfsrevisorenCurrent
Auditor · represented by Christel De Blander
24-09-2025 → present
Show 2 earlier auditors
Ernst & Young
Auditor · represented by Jan De Luyck
succeeded by Mazars in 2013
23-06-2010 → 19-06-2013
Mazars
Auditor · represented by Thomas Verhamme
succeeded by Baker Tilly Bedrijfsrevisoren in 2025
19-06-2013 → 24-09-2025

Structure & network

Connections & network

44 connected companies
Bruno Matthys, Shared director, links 6 companies BM Bruno MatthysVereniging voor het Museum van Hedendaagse Kunst te Gent, via Bruno Matthys VVVerenigingvoor het… GentVLAAMSE LANDMAATSCHAPPIJ, via Bruno Matthys VLVLAAMSELANDMAAT…APPIJWAALSE KROOK, via Bruno Matthys WKWAALSE KROOKFarys, via Bruno Matthys FFarysFLUVIUS IMEWO, via Bruno Matthys FIFLUVIUS IMEWOToerisme Oost-Vlaanderen, via Bruno Matthys TOToerismeOost-Vla…derenTaeldeman, Sven, Shared director, links 6 companies TS Taeldema… SvenCitadel Finance, via Taeldeman, Sven CFCitadelFinanceFluvius System Operator, via Taeldeman, Sven FSFluvius SystemOperatorFLUVIUS WEST, via Taeldeman, Sven FWFLUVIUS WESTHuuringent, via Taeldeman, Sven HHuuringentVlaamse Vereniging voor Ruimte en Planning, via Taeldeman, Sven VVVlaamseVerenigi…nningADINFO BELGIUM, en abrégé ADINFO, Shared director ABADINFOBELGIUM,…DINFOIntergemeentelijke Vereniging voor Afvalbeheer in Gent en Omstreken Interge…ijkeVerenig…eken0252.828.916
Shared directors
Linked via shared directors
VLAAMSE LANDMAATSCHAPPIJ
viaBruno Matthys · Lid van de raad van bestuur
WAALSE KROOK
viaBruno Matthys · Lid van de raad van bestuur
former
Show 13 more companies with a shared director
DDP MANAGEMENT
viaDirk De Pauw · Permanent representative
former
Farys
viaBruno Matthys · Director
former
FLUVIUS IMEWO
viaBruno Matthys · Bestuurder en lid van het corporate governance comité
former
former
former
Kinderdagverblijf De Pallieterkes VZW
viaHeidi Bauer · Dagelijks bestuurder (administratief/financieel)
former
former
former
former
Network connections
AquaFlanders
Shared director
ASOBV
Shared director
Show 23 more network connections

Ownership & control

1 party
Intergemeentelijke Vereniging voor Afvalbeheer in Gent en OmstrekenBE 0252.828.916
controls
Where this company holds controlthis company sits on their board1

Capital and shareholders

Capital increase of 1,488 EUR
State Gazette act of 10-02-2026
Capital increase
From the act
“er wordt aansluitend een kapitaalsverhoging doorgevoerd waarop de stad Gent intekent”
State Gazette act of 07-08-2025
Capital increase
From the act
“zijnde een kapitaalverhoging door inbreng in natura en in cash en een kapitaalvermindering door een gedeeltelijke incorporatie van de overgedragen verliezen.”
State Gazette act of 23-01-2018

Public money · subsidies and aid

Flemish government

2022 to 2023 · 3 entries · 35,245 EUR awarded · 7,415 EUR paid
Year Entries awardedpaid
2023 2 29,317 EUR1,487 EUR
2022 1 5,928 EUR5,928 EUR
Schemes
Subsidies investeringen materialenbeheer lokale besturen
1 entry · 27,830 EUR · DAB Fonds voor Preventie en Sanering inzake Leefmilieu en Natuur
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
2 entries · 7,415 EUR · 7,415 EUR paid · Departement Werk en Sociale Economie

European research

1 project · 57,813 EUR EU contribution
Programmes
h2020
1 entry · 57,813 EUR
Projects
REPAiR - REsource Management in Peri-urban AReas: Going Beyond Urban Metabolism
h2020 · participant · 01-09-2016 to 31-12-2020 · 57,813 EUR · REPAiR

Similar companies · same sector, comparable size

Of 279 companies in sector 38330 we hold annual accounts for 240. 56 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formOpdrachthoudende vereniging (Vlaams Gewest)
Founded06-06-1994
Fiscal year end31-12
Abbreviation NL IVAGO
Activities, NACEBEL
38210Materials recovery from waste
38213Waste collection, recovery and disposal activities
38219Waste collection, recovery and disposal activities
38330Waste collection, recovery and disposal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.