ACTIVE

FM Recycling

Financial year 2023 · Closed on 31/12/2023

Net result11,6 k €-47,3 %over 1 year
Gross margin75,8 k €+60,9 %over 1 year
Equity23,2 k €+99,0 %over 1 year

Identity

Source · BCE/KBO

FM Recycling is a Private limited company incorporated in 2020. Its main activity is: Service activities incidental to land transportation. Its registered office is in Houthalen-Helchteren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0748.662.331
Incorporation
17/06/2020
Legal form
Private limited company
Registered office
Europarklaan 25 box 1
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
1 000,00 €
Latest accounts
31/12/2023
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202320222021
Income statement
Gross margin75,8 k €47,1 k €26,5 k €
EBITDA58 k €32,4 k €2,1 k €
Operating result19 k €25,4 k €-8,4 k €
Net result11,6 k €21,9 k €-10 k €
Balance sheet
Equity23,2 k €11,7 k €-10,2 k €
Total assets182,9 k €219,9 k €127,6 k €
Cash8,9 k €24,2 k €285,3 €
Debts158,3 k €208,2 k €137,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

2 active

Active mandates

Frank Claes

Director

Active
Michaël Kwanten

Director

Active

Other companies at this address

Europarklaan 25 3530 Houthalen-Helchteren
CompanyCBE no.
D en I CLAES● Active
0460.211.451
FM TRANS● Active
0445.368.966
0478.984.515

Full financial information

Source · NBB
202320222021
Type of accountMicro modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/2021
Closing of the financial year31/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months
Filing date02/06/202518/09/202322/08/2022
General meeting21/06/202416/06/202310/06/2022
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202321/06/202402/06/2025DutchPDF
Abridged model31/12/202216/06/202318/09/2023DutchPDF
Abridged model31/12/202110/06/202222/08/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2023

2 active

Active mandates

Frank Claes

Director

Active
Michaël Kwanten

Director

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office03/07/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/06/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 202311,6 k €↓
  2. 2022
    Annual accounts 202221,9 k €↑
  3. 2021
    Annual accounts 2021-10 k €
  4. 17/06/2020
    IncorporationPrivate limited company