ACTIVE

RECYCLING BUSINESS

Financial year 2024 · Closed on 31/12/2024

Net result85,8 k €+3 113,2 %over 1 year
Gross margin119,3 k €+5 325,0 %over 1 year
Equity131,8 k €+186,8 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

RECYCLING BUSINESS is a Private company with limited liability incorporated in 2010. Its main activity is: Agents involved in the sale of a variety of goods. Its registered office is in Kuurne.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0831.014.935
Incorporation
09/11/2010
Legal form
Private company with limited liability
Registered office
Molenput 2
8520 Kuurne · FlandreSee on map
Contributed capital
50,00 €
Latest accounts
31/12/2024
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 12 financial years

20242023202220212018
Income statement
Gross margin119,3 k €-2,3 k €-1,4 k €25,9 €24,3 k €
EBITDA119,2 k €-2,3 k €-1,8 k €-3,9 k €22,6 k €
Operating result119 k €-2,8 k €-2,3 k €-4,2 k €18,5 k €
Net result85,8 k €-2,8 k €-2,5 k €-4,9 k €11,4 k €
Balance sheet
Equity131,8 k €45,9 k €48,8 k €51,2 k €20,9 k €
Total assets226,9 k €114 k €120,2 k €140,2 k €45,7 k €
Cash128,4 k €27 k €29,8 k €53,6 k €251,1 €
Debts95,2 k €68 k €71,4 k €76,6 k €24,8 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 7 ended

Active mandates

Davie Moerman

Mandate

Active
Steven Moerman

Mandate

Active
Yoeri Moerman

Mandate

Active

Ended mandates

Davie Moerman

Director · since 10 septembre 2021

Ended
Steven Moerman

Director · since 10 septembre 2021

Ended
Yoeri Moerman

Director · since 10 septembre 2021

Ended
Yoeri Moerman Yoeri

Director · since 10 septembre 2021

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/09/202508/10/202431/08/202331/08/202231/08/202131/08/2020
General meeting13/09/202509/09/202431/07/202316/08/202225/08/202131/07/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202413/09/202529/09/2025DutchPDF
Abridged model31/12/202309/09/202408/10/2024DutchPDF
Abridged model31/12/202231/07/202331/08/2023DutchPDF
Micro model31/12/202116/08/202231/08/2022DutchPDF
Micro model31/12/202025/08/202131/08/2021DutchPDF
Micro model31/12/201931/07/202031/08/2020DutchPDF
Micro model31/12/201827/06/201915/07/2019DutchPDF
Micro model31/12/201702/06/201826/06/2018DutchPDF
Micro model31/12/201603/06/201730/06/2017DutchPDF
Abridged model31/12/201522/08/201624/08/2016DutchPDF
Abridged model31/12/201427/08/201531/08/2015DutchPDF
Abridged model31/12/201330/08/201429/09/2014DutchPDF
Abridged model31/12/201227/08/201329/08/2013DutchPDF
Abridged model31/12/201113/08/201231/08/2012DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2024

3 active · 7 ended

Active mandates

Davie Moerman

Mandate

Active
Steven Moerman

Mandate

Active
Yoeri Moerman

Mandate

Active

Ended mandates

Davie Moerman

Director · since 10 septembre 2021

Ended
Steven Moerman

Director · since 10 septembre 2021

Ended
Yoeri Moerman

Director · since 10 septembre 2021

Ended
Yoeri Moerman Yoeri

Director · since 10 septembre 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office20/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/11/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/11/2010
    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. 2024
    Annual accounts 202485,8 k €↑
  2. 2023
    Annual accounts 2023-2,8 k €↓
  3. 2022
    Annual accounts 2022-2,5 k €↑
  4. 2021
    Annual accounts 2021-4,9 k €↓
  5. 2018
    Annual accounts 201811,4 k €↓
  6. 2017
    Annual accounts 201717,1 k €↑
  7. 2016
    Annual accounts 20163,3 k €↑
  8. 2015
    Annual accounts 2015-3,7 k €↓
  9. 2014
    Annual accounts 2014-1,9 k €↓
  10. 2013
    Annual accounts 2013944,6 €↑
  11. 2012
    Annual accounts 2012-1,3 k €↑
  12. 2011
    Annual accounts 2011-4,8 k €
  13. 09/11/2010
    IncorporationPrivate company with limited liability