MAES RECYCLING GROUP
0668.636.836 · rovalta.com · 23/09/2026
ACTIVE
MAES RECYCLING GROUP
Financial year 2025 · closed on 31/12/2025
Net result
1,8 k €
+109.8% YoY
Gross margin
2,2 M €
+0.5% YoY
Equity
20,8 M €
+0.0% YoY
Workforce
14,8 ETP
+0.7% YoY
Overview
What does MAES RECYCLING GROUP do?
MAES RECYCLING GROUP is a Private company with limited liability incorporated in 2017. Its main activity is: Activities of holding companies. Its registered office is in Tessenderlo-Ham. It employs on average 14,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0668.636.836
Incorporation
02/01/2017
Legal form
Private company with limited liability
Registered office
Snelwegstraat 7
3980 Tessenderlo-Ham · FlandreSee on map
3980 Tessenderlo-Ham · FlandreSee on map
Contributed capital
20 571 000,00 €
Latest accounts
31/12/2025
Average workforce
14,8 ETP
Activities (NACE)
Joint committees (2)
- 100
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 10 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||
| Gross margin | 2,2 M € | +0.5% | 2,2 M € | +18.9% | 1,9 M € | +27.9% | 1,5 M € | +18.5% | 1,2 M € | +54.6% | 794,3 k € | +147% | 321,2 k € | +55.8% | 206,1 k € | +353% | 45,5 k € | +8111% | -568,2 € |
| EBITDA | 457,1 k € | -16.7% | 549 k € | +12.4% | 488,5 k € | +107% | 236,4 k € | +26.3% | 187,2 k € | +518% | 30,3 k € | +238% | 9 k € | -78.7% | 42,1 k € | +99.9% | 21,1 k € | +3808% | -568,2 € |
| Operating result | 353,2 k € | -26.9% | 483,1 k € | +12.2% | 430,4 k € | +12.1% | 383,9 k € | +1596% | -25,7 k € | -190% | 28,6 k € | +247% | 8,2 k € | -80.5% | 42,1 k € | +200% | 14 k € | +1260% | -1,2 k € |
| Net result | 1,8 k € | +110% | -18,4 k € | -122% | 84,1 k € | -59.8% | 209,3 k € | +227% | -165,3 k € | -730% | 26,2 k € | +248% | -17,7 k € | -127% | 65 k € | +32.9% | 48,9 k € | +4148% | -1,2 k € |
| Balance sheet | |||||||||||||||||||
| Equity | 20,8 M € | +0.0% | 20,8 M € | -0.1% | 20,8 M € | +0.4% | 20,7 M € | +1.0% | 20,5 M € | -0.8% | 20,7 M € | +0.1% | 20,6 M € | -0.1% | 20,7 M € | +0.3% | 20,6 M € | +0.2% | 20,6 M € |
| Total assets | 40 M € | +7.7% | 37,1 M € | +2.1% | 36,3 M € | +13.1% | 32,1 M € | -0.5% | 32,3 M € | -0.9% | 32,6 M € | +42.5% | 22,9 M € | +5.1% | 21,8 M € | +5.3% | 20,7 M € | +0.4% | 20,6 M € |
| Cash | 8,5 k € | -9.3% | 9,4 k € | -68.2% | 29,7 k € | -86.3% | 216 k € | -75.6% | 885,9 k € | -88.0% | 7,4 M € | +2417018% | 305,5 € | -64.2% | 853,7 € | -33.6% | 1,3 k € | – | |
| Debts | 19,2 M € | +17.9% | 16,3 M € | +5.0% | 15,5 M € | +36.2% | 11,4 M € | -1.5% | 11,5 M € | -3.0% | 11,9 M € | +438% | 2,2 M € | +103% | 1,1 M € | +1711% | 60,2 k € | +629% | 8,3 k € |
| Other | |||||||||||||||||||
| Workforce | 14,8 ETP | +0.7% | 14,7 ETP | +8.9% | 13,5 ETP | +6.3% | 12,7 ETP | +24.5% | 10,2 ETP | +29.1% | 7,9 ETP | +114% | 3,7 ETP | +68.2% | 2,2 ETP | +633% | 0,3 ETP | – | |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 11 ended
Active mandates
Active
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Group MAES● Active | 0764.558.156 |
JUKI● Active | 1001.135.911 |
MRS RECYCLING● Active | 0447.785.949 |
RECYCLING TEAM TESSENDERLO● Active | 0877.318.280 |
YMA Trans● Active | 0883.184.208 |
YVES MAES● Active | 0861.494.216 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Consolidated accounts |
| 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 | 04/07/2025 | 22/05/2024 | 09/06/2023 | 20/07/2022 | 30/07/2021 |
| General meeting | 09/06/2026 | 26/05/2025 | 10/05/2024 | 21/04/2023 | 19/04/2022 | 26/06/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
16 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 09/06/2026 | 01/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 26/05/2025 | 04/07/2025 | Dutch | |
| Consolidated accounts | 31/12/2024 | 27/08/2025 | 29/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 10/05/2024 | 22/05/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 30/06/2024 | 18/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 21/04/2023 | 09/06/2023 | Dutch | |
| Consolidated accounts | 31/12/2022 | 30/06/2023 | 14/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 19/04/2022 | 20/07/2022 | Dutch | |
| Consolidated accounts | 31/12/2021 | 24/05/2022 | 20/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 26/06/2021 | 13/07/2021 | Dutch | |
| Consolidated accounts | 31/12/2020 | 26/06/2021 | 30/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 19/05/2020 | 26/06/2020 | Dutch | |
| Consolidated accounts | 31/12/2019 | 27/06/2020 | 03/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 03/06/2019 | 28/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 01/06/2018 | 19/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 24/06/2017 | 14/07/2017 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 11 ended
Active mandates
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates22/01/2025ONTSLAGEN - BENOEMINGEN
- Mandates06/12/2023ONTSLAGEN - BENOEMINGEN
- Registered office28/06/2023MAATSCHAPPELIJKE ZETEL
- Mandates02/12/2022ONTSLAGEN - BENOEMINGEN
- Mandates20/10/2022ONTSLAGEN - BENOEMINGEN
- Mandates19/04/2022ONTSLAGEN - BENOEMINGEN
- Mandates15/01/2021ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
- Mandates11/01/2021ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,8 k €↑
- 2024Annual accounts 2024-18,4 k €↓
- 2023Annual accounts 202384,1 k €↓
- 2022Annual accounts 2022209,3 k €↑
- 2021Annual accounts 2021-165,3 k €↓
- 2020Annual accounts 202026,2 k €↑
- 2019Annual accounts 2019-17,7 k €↓
- 2018Annual accounts 201865 k €↑
- 2017Annual accounts 201748,9 k €↑
- 02/01/2017IncorporationPrivate company with limited liability
- 2016Annual accounts 2016-1,2 k €