What does The Compost Bag Company do?

The Compost Bag Company is a plastics manufacturer in Herent. Public Limited, started on 1 August 1991, 1 establishment.

What is the address of The Compost Bag Company?

The registered office of The Compost Bag Company is located at Tildonksesteenweg 171, 3020 Herent.

Is The Compost Bag Company still active?

Yes. According to the CBE (29 October 2026) The Compost Bag Company is active, legal situation “Normale toestand”, started on 1 August 1991.

Is The Compost Bag Company registered on Peppol?

Yes, The Compost Bag Company is registered on the Peppol network with ID 0208:0444744208.

What is the enterprise number of The Compost Bag Company?

The enterprise number of The Compost Bag Company is BE0444744208.

When was The Compost Bag Company founded?

The Compost Bag Company was founded on 1 August 1991.

Who are the directors of The Compost Bag Company?

According to the 2025 annual accounts, the directors of The Compost Bag Company are: Eric VANDERLINDEN, BLUESALT SALES BVBA, TILLION-SST.

Is The Compost Bag Company a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 August 1991; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did The Compost Bag Company make in 2025?

The Compost Bag Company recorded a loss after taxes of € 85,935 in financial year 2025.

What is the revenue of The Compost Bag Company?

In its most recent annual accounts (2025), The Compost Bag Company reported revenue of € 9,313,986.

How much does an employee at The Compost Bag Company earn?

The average wage cost per full-time employee at The Compost Bag Company was € 68,000 in 2025: staff costs of € 2 million for 29.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does The Compost Bag Company have?

According to the 2025 annual accounts, The Compost Bag Company has 29.1 full-time equivalents (FTE).

The Compost Bag Company (Public Limited) - Herent

Dossier The Compost Bag Company, printed on 29 October 2026 from databakkes.be/en/0444744208/the-compost-bag-company. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

The Compost Bag Company from Herent, company number BE0444744208, closed financial year 2025 with a result of € -85,935 after tax. For that financial year The Compost Bag Company recorded revenue of € 9.3 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € -298,071 to € -85,935. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.

What it is worth Healthy

€ 2.1 million

▼ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -85,935

▲ 71 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 144,122

▲ 166% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.4 million.

People and assets in 2025

Full-time equivalents

29.1

▼ 1.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2 million

▼ 2% vs 2024

€ 68,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 948,512

▼ 3% vs 2024

Of which on lease € 854,439.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2 million

▲ 1% vs 2024

€ 232,569 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 756,494

▼ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.

Taxes and wages

€ 259,759

▼ 4% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 11,775,881 Revenue 2022: € 11,775,881 First fiscal year in the series	€ 10,361,186 Revenue 2023: € 10,361,186 ▼ 12% vs 2022 (€ 11,775,881) Unfavourable step	€ 10,887,412 Revenue 2024: € 10,887,412 ▲ 5% vs 2023 (€ 10,361,186) Favourable step	€ 9,313,986 Revenue 2025: € 9,313,986 ▼ 14% vs 2024 (€ 10,887,412) Unfavourable step	▼ 14%
Profit after taxes	€ 155,782 Profit after taxes 2022: € 155,782 First fiscal year in the series	€ -495,481 Profit after taxes 2023: € -495,481 ▼ € 651,264 vs 2022 (€ 155,782) Unfavourable step	€ -298,071 Profit after taxes 2024: € -298,071 ▲ € 197,410 vs 2023 (€ -495,481) Favourable step	€ -85,935 Profit after taxes 2025: € -85,935 ▲ € 212,136 vs 2024 (€ -298,071) Favourable step	▲ € 212,136
Equity	€ 2,967,765 Equity 2022: € 2,967,765 First fiscal year in the series	€ 2,472,284 Equity 2023: € 2,472,284 ▼ 17% vs 2022 (€ 2,967,765) Unfavourable step	€ 2,174,212 Equity 2024: € 2,174,212 ▼ 12% vs 2023 (€ 2,472,284) Unfavourable step	€ 2,088,277 Equity 2025: € 2,088,277 ▼ 4% vs 2024 (€ 2,174,212) Unfavourable step	▼ 4%
Total debts	€ 2,095,309 Total debts 2022: € 2,095,309 First fiscal year in the series	€ 2,581,960 Total debts 2023: € 2,581,960 ▲ 23% vs 2022 (€ 2,095,309) Unfavourable step	€ 3,242,876 Total debts 2024: € 3,242,876 ▲ 26% vs 2023 (€ 2,581,960) Unfavourable step	€ 3,097,520 Total debts 2025: € 3,097,520 ▼ 4% vs 2024 (€ 3,242,876) Favourable step	▼ 4%
Cash	€ 196,360 Cash 2022: € 196,360 First fiscal year in the series	€ 47,086 Cash 2023: € 47,086 ▼ 76% vs 2022 (€ 196,360) Unfavourable step	€ 54,251 Cash 2024: € 54,251 ▲ 15% vs 2023 (€ 47,086) Favourable step	€ 144,122 Cash 2025: € 144,122 ▲ 166% vs 2024 (€ 54,251) Favourable step	▲ 166%
Retained profit	€ -470,935 Retained profit 2022: € -470,935 First fiscal year in the series	€ -966,416 Retained profit 2023: € -966,416 ▼ € 495,481 vs 2022 (€ -470,935) Unfavourable step	€ -1,264,488 Retained profit 2024: € -1,264,488 ▼ € 298,071 vs 2023 (€ -966,416) Unfavourable step	€ -1,350,423 Retained profit 2025: € -1,350,423 ▼ € 85,935 vs 2024 (€ -1,264,488) Unfavourable step	▼ € 85,935
Bank debt	€ 706,463 Bank debt 2022: € 706,463 First fiscal year in the series	€ 1,367,013 Bank debt 2023: € 1,367,013 ▲ 94% vs 2022 (€ 706,463) Unfavourable step	€ 1,955,149 Bank debt 2024: € 1,955,149 ▲ 43% vs 2023 (€ 1,367,013) Unfavourable step	€ 1,980,772 Bank debt 2025: € 1,980,772 ▲ 1% vs 2024 (€ 1,955,149) Unfavourable step	▲ 1%
Balance sheet total	€ 5,063,074 Balance sheet total 2022: € 5,063,074 First fiscal year in the series	€ 5,054,244 Balance sheet total 2023: € 5,054,244 Unchanged (€ 5,063,074) Unchanged	€ 5,417,088 Balance sheet total 2024: € 5,417,088 ▲ 7% vs 2023 (€ 5,054,244) Unchanged	€ 5,185,797 Balance sheet total 2025: € 5,185,797 ▼ 4% vs 2024 (€ 5,417,088) Unchanged	▼ 4%
Employees (FTE)	30.7 Employees (FTE) 2022: 30.7 First fiscal year in the series	29.2 Employees (FTE) 2023: 29.2 ▼ 1.5 vs 2022 (30.7) Unchanged	31 Employees (FTE) 2024: 31 ▲ 1.8 vs 2023 (29.2) Unchanged	29.1 Employees (FTE) 2025: 29.1 ▼ 1.9 vs 2024 (31) Unchanged	▼ 1.9

Key figures of The Compost Bag Company, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to The Compost Bag Company?

What happened at The Compost Bag Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 11, 2026 New annual accounts for financial year 2025: loss of € 85,935. Source: NBB ↗
2026 Eric VANDERLINDEN stepped down as director. NBB
2026 BLUESALT SALES BVBA stepped down as director. NBB
2026 TILLION-SST stepped down as director. NBB
Aug 20, 1991 New establishment in Herent. KBO
Aug 1, 1991 Start of the company according to the CBE. KBO

In short

From € 155,782 profit in 2022 to € 85,935 loss in 2025.

Best year ever: 2022, with € 155,782 profit.

Pays suppliers within 40 days on average.

Original PDFs at the National Bank ↗

Management

TILLION-SST 98.1%

JOS CELEN 1.4%

LEDEGANCK AN 0.5%

The Compost Bag Company

The shares are held by TILLION-SST (98.1%), JOS CELEN (1.4%) and LEDEGANCK AN (0.5%).

Directors

According to the 2025 annual accounts

Eric VANDERLINDEN

Managing director

Also active at: JEMACO, SONETAS

· until 2026

BLUESALT SALES BVBA

Director · represented by Edwin Ingelaere

Also active at: JEMACO

· until 2026

TILLION-SST

Director · represented by Monika Denolf

Also active at: JEMACO

· until 2026

Shareholders

TILLION-SST

98.1%

JOS CELEN

1.4%

LEDEGANCK AN

0.5%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Tildonksesteenweg 171

3020 Herent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

TILLION - S.S.T. same network

€ 401,778 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0444.744.208

VAT number

BE 0444.744.208

Registered office

Tildonksesteenweg 171, 3020 Herent

Names & denominations

The Compost Bag Company

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 August 1991

Peppol

Active · Active since 28 Oct 2025

Activities · NACE

Vervaardiging van verpakkingsmateriaal van kunststof

Vervaardiging van platen, vellen, buizen en profielen van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗

The Compost Bag Company

Warning lights

Financials

What happened to The Compost Bag Company?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions