ACTIVE

YVES MAES

Financial year 2025 · Closed on 31/12/2025

Net result1,7 M €+333,3 %over 1 year
Revenue67,2 M €+2,1 %over 1 year
Equity5,5 M €+44,0 %over 1 year
Workforce73,6 ETP+1,9 %over 1 year

Identity

Source · BCE/KBO

YVES MAES is a Private limited company incorporated in 2003. Its main activity is: Collection of non-hazardous waste. Its registered office is in Tessenderlo-Ham. It employs on average 73,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0861.494.216
Incorporation
05/11/2003
Legal form
Private limited company
Registered office
Snelwegstraat 7
3980 Tessenderlo-Ham · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
73,6 ETP
Joint committees (7)
  • 121
  • 124
  • 14003
  • 14204
  • 200
  • 218
  • 226
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue67,2 M €65,8 M €74,8 M €81,2 M €75,1 M €
EBITDA11 M €7,8 M €7,5 M €3,7 M €6 M €
Operating result3,1 M €704,1 k €702,5 k €-2,8 M €949,4 k €
Net result1,7 M €-723,5 k €-336,5 k €-3,5 M €121,3 k €
Balance sheet
Equity5,5 M €3,8 M €4,6 M €4,9 M €8,4 M €
Total assets44,7 M €47,4 M €50,9 M €51,2 M €50 M €
Cash387,5 k €112,5 k €335,8 k €873,9 k €1,6 M €
Debts38,9 M €42,8 M €46,3 M €46,3 M €41,3 M €
Other
Workforce73,6 ETP72,2 ETP73,2 ETP82,3 ETP119,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

MAES RECYCLING GROUP

Director · 0668.636.836

Represented by Yves Maes

Active

Ended mandates

Yves Maes

Manager · since 04 novembre 2003

Ended
MAES RECYCLING GROUP

Manager · 0668.636.836

Represented by Yves Maes

Ended
Yves Maes

Manager

Ended

Other companies at this address

Snelwegstraat 7 3980 Tessenderlo-Ham
CompanyCBE no.
Group MAES● Active
0764.558.156
JUKI● Active
1001.135.911
0668.636.836
MRS RECYCLING● Active
0447.785.949
0877.318.280
YMA Trans● Active
0883.184.208

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202622/07/202522/05/202423/05/202331/05/202203/06/2021
General meeting26/06/202630/06/202510/05/202421/04/202319/04/202211/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202601/07/2026DutchPDF
Full model31/12/202430/06/202522/07/2025DutchPDF
Full model31/12/202310/05/202422/05/2024DutchPDF
Full model31/12/202221/04/202323/05/2023DutchPDF
Full model31/12/202119/04/202231/05/2022DutchPDF
Full model31/12/202011/05/202103/06/2021DutchPDF
Full model31/12/201919/05/202026/06/2020DutchPDF
Full model31/12/201811/06/201928/06/2019DutchPDF
Full model31/12/201715/05/201828/06/2018DutchPDF
Full model31/12/201606/06/201714/07/2017DutchPDF
Full model31/12/201507/06/201615/07/2016DutchPDF
Full model31/12/201419/05/201526/06/2015DutchPDF
Full model31/12/201305/03/201414/04/2014DutchPDF
Full model31/12/201219/03/201324/06/2013DutchPDF
Abridged model31/12/201115/02/201201/03/2012DutchPDF
Abridged model31/12/201010/02/201116/02/2011DutchPDF
Abridged model31/12/200918/05/201028/06/2010DutchPDF
Abridged model31/12/200819/05/200915/06/2009DutchPDF
Abridged model31/12/200720/05/200830/06/2008DutchPDF
Abridged model31/12/200615/05/200711/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/12/2025

1 active · 3 ended

Active mandates

MAES RECYCLING GROUP

Director · 0668.636.836

Represented by Yves Maes

Active

Ended mandates

Yves Maes

Manager · since 04 novembre 2003

Ended
MAES RECYCLING GROUP

Manager · 0668.636.836

Represented by Yves Maes

Ended
Yves Maes

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring26/06/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates22/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/06/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates02/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,7 M €↑
  2. 2024
    Annual accounts 2024-723,5 k €↓
  3. 2023
    Annual accounts 2023-336,5 k €↑
  4. 2022
    Annual accounts 2022-3,5 M €↓
  5. 2021
    Annual accounts 2021121,3 k €↓
  6. 2020
    Annual accounts 20202 M €↑
  7. 2019
    Annual accounts 2019336,3 k €↓
  8. 2018
    Annual accounts 2018956,6 k €↓
  9. 2017
    Annual accounts 20171,2 M €↑
  10. 2016
    Annual accounts 2016812,3 k €↓
  11. 2015
    Annual accounts 2015981,7 k €↑
  12. 2014
    Annual accounts 2014680,2 k €↓
  13. 2013
    Annual accounts 2013741,4 k €↑
  14. 2012
    Annual accounts 2012170,1 k €↑
  15. 2011
    Annual accounts 2011160,3 k €↓
  16. 2010
    Annual accounts 2010253 k €↑
  17. 2009
    Annual accounts 200952,6 k €↓
  18. 2008
    Annual accounts 2008114,4 k €↑
  19. 2007
    Annual accounts 200743,8 k €↓
  20. 2006
    Annual accounts 200659,8 k €
  21. 05/11/2003
    IncorporationPrivate limited company