ACTIVE

MALTHA GLASRECYCLAGE BELGIE

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Financial year 2025 · Closed on 31/03/2025

Net result767,7 k €+24,2 %over 1 year

Revenue12,7 M €+2,5 %over 1 year

Equity3,3 M €0,0 %over 1 year

Workforce30,2 ETP-2,3 %over 1 year

Identity

Source · BCE/KBO

MALTHA GLASRECYCLAGE BELGIE is a Public limited company incorporated in 1981. Its main activity is: Sewerage. Its registered office is in Lommel. It employs on average 30,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0422.313.749
Incorporation: 31/12/1981
Legal form: Public limited company
Registered office: Fabrieksstraat 114
3920 Lommel · FlandreSee on map
Contributed capital: 61 500,00 €
Latest accounts: 31/03/2025
Average workforce: 30,2 ETP

Activities (NACE)

37200Sewerage· main 38210Treatment and disposal of non-hazardous waste 38323Recovery of sorted materials

Joint committees (4)

100
14204
200
218

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	12,7 M €	+2.5%	12,3 M €	-2.0%	12,6 M €	-1.4%	12,8 M €	+1.0%	12,7 M €
EBITDA	1,8 M €	+18.7%	1,5 M €	-35.4%	2,3 M €	+25.4%	1,8 M €	+14.3%	1,6 M €
Operating result	1,1 M €	+18.9%	946,7 k €	-49.3%	1,9 M €	+28.3%	1,5 M €	+26.9%	1,1 M €
Net result	767,7 k €	+24.2%	618,2 k €	-56.8%	1,4 M €	+43.3%	998,2 k €	+20.3%	829,8 k €
Balance sheet
Equity	3,3 M €	0.0%	3,3 M €	-0.0%	3,3 M €	0.0%	3,3 M €	0.0%	3,3 M €
Total assets	10,5 M €	+39.9%	7,5 M €	-3.7%	7,8 M €	-0.4%	7,8 M €	-6.2%	8,3 M €
Cash	674,9 k €	+21.8%	554,2 k €	+80.6%	306,8 k €	+50.8%	203,5 k €	-65.2%	585,6 k €
Debts	6,8 M €	+75.8%	3,8 M €	-12.4%	4,4 M €	+0.7%	4,4 M €	-13.6%	5 M €
Other
Workforce	30,2 ETP	-2.3%	30,9 ETP	+9.2%	28,3 ETP	+6.0%	26,7 ETP	+19.7%	22,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 19 ended

Active mandates

Pieter Jans

Director · since 03 octobre 2024 · until 20 septembre 2029

Active

Maltha Groep BV

Manager · since 01 novembre 2021 · until 20 septembre 2025

Represented by Kevin, William Bell

Active

Ended mandates

Jeroen Kooij

Director · since 28 juin 2023 · until 20 septembre 2024

Ended

Kevin William BELL

Director · since 11 novembre 2021 · until 10 novembre 2024

Ended

Maltha Groep BV

Manager · since 01 novembre 2021 · until 20 septembre 2024

Represented by Kevin, William Bell

Ended

Maltha Groep BV

Manager · since 01 novembre 2021 · until 10 novembre 2024

Represented by Kevin, William Bell

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/10/2025	22/10/2024	04/07/2023	29/09/2022	14/10/2021	26/10/2020
General meeting	19/09/2025	20/09/2024	26/06/2023	09/09/2022	24/09/2021	11/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2025	19/09/2025	15/10/2025	Dutch	PDF
Full model	31/03/2024	20/09/2024	22/10/2024	Dutch	PDF
Full model	31/03/2023	26/06/2023	04/07/2023	Dutch	PDF
Full model	31/03/2022	09/09/2022	29/09/2022	Dutch	PDF
Full model	31/03/2021	24/09/2021	14/10/2021	Dutch	PDF
Full model	31/03/2020	11/09/2020	26/10/2020	Dutch	PDF
Full model	31/03/2019	13/09/2019	08/10/2019	Dutch	PDF
Full model	31/03/2018	14/09/2018	27/11/2018	Dutch	PDF
Full model	31/03/2017	08/09/2017	28/09/2017	Dutch	PDF
Full model	31/12/2015	10/06/2016	20/06/2016	Dutch	PDF
Full model	31/12/2014	12/06/2015	18/06/2015	Dutch	PDF
Full model	31/12/2013	13/06/2014	30/06/2014	Dutch	PDF
Full model	31/12/2012	14/06/2013	17/06/2013	Dutch	PDF
Full model	31/12/2011	08/06/2012	13/06/2012	Dutch	PDF
Full model	31/12/2010	07/07/2011	28/07/2011	Dutch	PDF
Full model	31/12/2009	05/07/2010	28/07/2010	Dutch	PDF
Full model	31/12/2008	29/07/2009	11/08/2009	Dutch	PDF
Full model	31/12/2007	13/06/2008	05/02/2009	Dutch	PDF
Full model	31/12/2006	30/06/2007	24/08/2007	Dutch	PDF
Full model	31/12/2005	30/06/2006	13/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 19 ended

Active mandates

Pieter Jans

Director · since 03 octobre 2024 · until 20 septembre 2029

Active

Maltha Groep BV

Manager · since 01 novembre 2021 · until 20 septembre 2025

Represented by Kevin, William Bell

Active

Ended mandates

Jeroen Kooij

Director · since 28 juin 2023 · until 20 septembre 2024

Ended

Kevin William BELL

Director · since 11 novembre 2021 · until 10 novembre 2024

Ended

Maltha Groep BV

Manager · since 01 novembre 2021 · until 20 septembre 2024

Represented by Kevin, William Bell

Ended

Maltha Groep BV

Manager · since 01 novembre 2021 · until 10 novembre 2024

Represented by Kevin, William Bell

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2023
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2019
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025767,7 k €↑
2024
Annual accounts 2024618,2 k €↓
2023
Annual accounts 20231,4 M €↑
2022
Annual accounts 2022998,2 k €↑
2021
Annual accounts 2021829,8 k €↑
2020
Annual accounts 2020597 k €↑
2019
Annual accounts 2019-17,5 k €↓
2018
Annual accounts 2018697,6 k €↓
2017
Annual accounts 2017919,5 k €↑
2015
Annual accounts 2015-275,3 k €↓
2014
Annual accounts 2014540,2 k €↓
2013
Annual accounts 2013963,3 k €↓
2012
Annual accounts 20121,2 M €↑
2011
Annual accounts 2011846,8 k €↑
2010
Annual accounts 2010565,1 k €↓
2009
Annual accounts 2009707,2 k €↑
2008
Annual accounts 2008247,3 k €↓
2006
Annual accounts 2006664,8 k €
31/12/1981
IncorporationPublic limited company

MALTHA GLASRECYCLAGE BELGIE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline