Financials
Financial year 2025
SILVAMO from Kortemark, company number BE0448924611, closed financial year 2025 with a result of € -951,061 after tax. For that financial year SILVAMO recorded revenue of € 4.9 million and equity of € 160,453. Compared with financial year 2024, the result moved from € 23,912 to € -951,061. The company made a loss. The buffer shrank hard: equity is 86 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 160,453
▼ 86% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -951,061
▼ still € 23,912 profit in 2024
Profit after tax over the fiscal year.
€ 4.9 million
▲ € 3.7 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -335,334.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 106,328
▲ 2% vs 2024
€ 53,200 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.
€ 22,623
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 301,896
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 559,232
▲ 157% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 4,886,778 | |
| Gross margin | € 1,822,477 | € 1,007,501 | € 1,860,634 | € 2,489,176 | ▲ 34% |
| Profit after taxes | € 164,904 | € 81,410 | € 23,912 | € -951,061 | ▼ € 974,973 |
| Equity | € 1,006,192 | € 1,087,602 | € 1,111,514 | € 160,453 | ▼ 86% |
| Total debts | € 551,590 | € 1,588,275 | € 1,047,608 | € 1,087,678 | ▲ 4% |
| Cash | € 846,200 | € 620,542 | € 1,200,673 | € 4,919,251 | ▲ € 3.7 million |
| Land & buildings | € 83,195 | € 79,181 | € 84,097 | € 122,292 | ▲ 45% |
| Retained profit | € 510,405 | € 591,815 | € 615,727 | € -335,334 | ▼ € 951,061 |
| Balance sheet total | € 4,083,974 | € 5,040,640 | € 5,799,073 | € 7,538,797 | ▲ 30% |
| Employees (FTE) | 1.5 | 1.8 | 2 | 2 |
Key figures of SILVAMO, 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 SILVAMO?
What happened at SILVAMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Berten Schilders stepped down as director. NBB
- Dirk Ponnet stepped down as director. NBB
- Bartel De Clercq stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 951,061 (▼ € 974,973 vs 2024). Source: NBB ↗
- Denis Drousie stepped down as director. NBB
- Dirk Poppe stepped down as director. NBB
- Sven Mollet stepped down as director. NBB
- Bjoha BV stepped down as director. NBB
In short
From € 164,904 profit in 2022 to € 951,061 loss in 2025.
Paid € 764,354 in corporate taxes since 2022.
Best year ever: 2022, with € 164,904 profit.
On average € 1.2 million of value added per employee in 2025.
Management
The stake of Renewi + comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SILVAMOThe shares are held by DEME ENVIRONMENTAL NV (100%) and Renewi + (50%).
Directors
According to the 2025 annual accounts
Director · represented by Björn Hamal
Also active at: Renewi Wood Products, ECO-SMART, RENEWI BELGIUM, Renewi +, Renewi, RENEWI VALORISATION & QUARRY, Renewi Shared Services Center, Renewi Logistics +5 more
since 2025 · until 2025
Berten Schilders
Director
since 2023 · until 2029
Dirk Ponnet
Managing director
since 2023 · until 2029
Ibrahim Nuru Abdu
Director
since 2025 · until 2025
Denis Drousie
Director
since 2025 · until 2026
Bartel De Clercq
Director
since 2023 · until 2029
Monique Aaldering
Director
since 2025 · until 2025
Dirk Poppe
Director
since 2025 · until 2026
Sven Mollet
Director
since 2025 · until 2026
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Staatsbaan 67
8610 Kortemark
Regenbeekstraat 7 box 2
8800 Roeselare
Active since 10 April 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.924.611
- VAT number
- BE 0448.924.611
- Registered office
- Staatsbaan 67, 8610 Kortemark
- Names & denominations
- SILVAMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1992
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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