ACTIVE

MRS RECYCLING

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Financial year 2025 · Closed on 31/12/2025

Net result-209,8 k €-150,9 %over 1 year

Gross margin739 k €-49,1 %over 1 year

Equity1,5 M €-12,6 %over 1 year

Workforce9,2 ETP+24,3 %over 1 year

Identity

Source · BCE/KBO

MRS RECYCLING is a Public limited company incorporated in 1992. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Tessenderlo-Ham. It employs on average 9,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0447.785.949
Incorporation: 29/06/1992
Legal form: Public limited company
Registered office: Snelwegstraat 7
3980 Tessenderlo-Ham · FlandreSee on map
Contributed capital: 990 000,00 €
Latest accounts: 31/12/2025
Average workforce: 9,2 ETP

Activities (NACE)

38219Treatment and disposal of non-hazardous waste· main 38222Treatment and disposal of hazardous waste 38320Recovery of sorted materials 38330Materials recovery

Joint committees (3)

14202
14204
200

Signals

Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	739 k €	-49.1%	1,5 M €	+54.7%	938,1 k €	+90.2%	493,2 k €	-35.5%	764,6 k €
EBITDA	95,9 k €	-88.5%	837,4 k €	+21.5%	689,3 k €	+142%	284,6 k €	-54.2%	620,8 k €
Operating result	-135,3 k €	-123%	583,3 k €	+32.0%	441,8 k €	+1717%	24,3 k €	-93.5%	373,2 k €
Net result	-209,8 k €	-151%	412,4 k €	+12.2%	367,5 k €	+848%	-49,2 k €	-117%	294,4 k €
Balance sheet
Equity	1,5 M €	-12.6%	1,7 M €	+32.8%	1,3 M €	+41.3%	889,3 k €	-5.2%	938,5 k €
Total assets	5,8 M €	-4.5%	6,1 M €	+8.8%	5,6 M €	+1.0%	5,5 M €	-1.4%	5,6 M €
Cash	62,6 k €	+48.3%	42,2 k €	-45.6%	77,6 k €	+14.5%	67,8 k €	-28.6%	94,9 k €
Debts	4,3 M €	-0.9%	4,3 M €	+0.8%	4,3 M €	-6.8%	4,6 M €	-1.1%	4,7 M €
Other
Workforce	9,2 ETP	+24.3%	7,4 ETP	+164%	2,8 ETP	-6.7%	3,0 ETP	+76.5%	1,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Geert Roelans	Director01/06/2010 → 09/01/2031Managing director2019 accountsended
MAES RECYCLING GROUP0668.636.836Represented by Yves Maes	Director09/01/2019 → 09/01/2031Managing director2019 accountsendedManager2017 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
STEMOL0894.824.109Represented by Gregory Stevens	Director09/01/2019 → 2020 accounts
Yves Maes	Director01/04/2014 → 2016 accounts
Pascale Celen	Directorlisted until the 2007 accounts

Other companies at this address

Snelwegstraat 7 3980 Tessenderlo-Ham

Company	CBE no.
Group MAES● Active	0764.558.156
JUKI● Active	1001.135.911
MAES RECYCLING GROUP● Active	0668.636.836
RECYCLING TEAM TESSENDERLO● Active	0877.318.280
YMA Trans● Active	0883.184.208
YVES MAES● Active	0861.494.216

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2026	22/07/2025	22/05/2024	09/06/2023	11/07/2022	13/07/2021
General meeting	09/06/2026	30/06/2025	10/05/2024	21/04/2023	19/04/2022	07/06/2021
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
Abridged model	31/12/2025	09/06/2026	01/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	22/07/2025	Dutch	PDF
Abridged model	31/12/2023	10/05/2024	22/05/2024	Dutch	PDF
Abridged model	31/12/2022	21/04/2023	09/06/2023	Dutch	PDF
Abridged model	31/12/2021	19/04/2022	11/07/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	13/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/05/2020	26/06/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	19/07/2018	Dutch	PDF
Abridged model	31/12/2016	10/05/2017	14/07/2017	Dutch	PDF
Full model	31/12/2015	01/06/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	28/04/2015	29/05/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	18/03/2013	05/04/2013	Dutch	PDF
Abridged model	31/12/2011	24/04/2012	26/04/2012	Dutch	PDF
Abridged model	31/12/2010	10/02/2011	16/02/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	12/06/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	25/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025

2 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Geert Roelans	Director01/06/2010 → 09/01/2031Managing director2019 accountsended
MAES RECYCLING GROUP0668.636.836Represented by Yves Maes	Director09/01/2019 → 09/01/2031Managing director2019 accountsendedManager2017 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
STEMOL0894.824.109Represented by Gregory Stevens	Director09/01/2019 → 2020 accounts
Yves Maes	Director01/04/2014 → 2016 accounts
Pascale Celen	Directorlisted until the 2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/08/2026
Benoemingen - Ontslagen
PDF
Mandates22/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/06/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other01/02/2019
BENAMING - DOEL
PDF
Mandates15/09/2017
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

MAES RECYCLING GROUP

Geert Roelans

STEMOL

Yves Maes

Pascale Celen

Pascalle Celen

Julien Dhr. Claes

Kathleen Bijl

Julien Claes

Kathleen Mv. Bijl

1992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

MRS RECYCLINGCONTAINERS MAES

Snelwegstraat 7, 3980 Tessenderlo-HamRavenshout Zone 2 2002, 3980 Tessenderlo-Ham

Director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Snelwegstraat 7, 3980 Tessenderlo-HamCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00249941
Ravenshout Zone 2 2002, 3980 Tessenderlo-Ham	accounts 2021 → 2022	Accounts 2022 · 2023-00115881

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MRS RECYCLINGCurrent	accounts 2018 → 2025	Accounts 2025 · 2026-00249941
CONTAINERS MAES	accounts 2007 → 2017	Accounts 2017 · 2018-35300519
J. CLAES	accounts 2006	Accounts 2006 · 2007-27300391

Events

2025
Annual accounts 2025-209,8 k €↓
2024
Annual accounts 2024412,4 k €↑
2023
Annual accounts 2023367,5 k €↑
2022
Annual accounts 2022-49,2 k €↓
2021
Annual accounts 2021294,4 k €↑
2020
Annual accounts 2020-424,8 k €↓
2019
Annual accounts 2019-97,9 k €↓
2018
Annual accounts 20183,4 k €↓
2018
Name changeMRS RECYCLING
2017
Annual accounts 201717,4 k €↑
2016
Annual accounts 201615,4 k €↑
2015
Annual accounts 20158,6 k €↓
2014
Annual accounts 201413,5 k €↑
2013
Annual accounts 201310,6 k €↑
2012
Annual accounts 20128,6 k €↓
2011
Annual accounts 20119 k €↓
2010
Annual accounts 2010179,4 k €↑
2009
Annual accounts 20095,8 k €↑
2008
Annual accounts 2008-4,8 k €↓
2007
Annual accounts 200755,2 k €↑
2007
Name changeCONTAINERS MAES
2006
Annual accounts 2006305,7 €
29/06/1992
IncorporationPublic limited company

MRS RECYCLING

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Registered offices

Company names

Events