MD Recycling
0886.145.280 · rovalta.com · 05/11/2026
OPENING OF BANKRUPTCY
MD Recycling
Company — Opening of bankruptcy.
Financial year 2023 · Closed on 31/12/2023
Net result11,5 k €-67,1 %over 1 year
Gross margin156,8 k €-41,3 %over 1 year
Equity205,3 k €+6,0 %over 1 year
Workforce1,0 ETP0,0 %over 1 year
Overview
Identity
Source · BCE/KBOMD Recycling is a Private limited company incorporated in 2007. Its main activity is: Wholesale of waste and scrap. Its registered office is in Essen. It employs on average 1,0 ETP workers (FTE).
- Legal situation
- Opening of bankruptcy
- BCE/KBO no. / VAT
- BE 0886.145.280
- Incorporation
- 05/01/2007
- Legal form
- Private limited company
- Registered office
- Rijkmakerlaan 38
2910 Essen · FlandreSee on map - Contributed capital
- 6 200,00 €
- Latest accounts
- 31/12/2023
- Average workforce
- 1,0 ETP
Activities (NACE)
Joint committees (3)
- 100
- 142
- 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 17 filingsTrend over 16 financial years
| 2023 | 2022 | 2021 | 2020 | 2018 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 156,8 k € | -41.3% | 267,2 k € | -6.8% | 286,6 k € | +116% | 132,6 k € | +94.5% | 68,1 k € |
| EBITDA | 49,2 k € | -45.3% | 89,9 k € | -47.0% | 169,5 k € | +158% | 65,8 k € | +2354% | -2,9 k € |
| Operating result | 19,6 k € | -69.6% | 64,3 k € | -59.6% | 159,3 k € | +155% | 62,4 k € | +819% | -8,7 k € |
| Net result | 11,5 k € | -67.1% | 35 k € | -68.9% | 112,7 k € | +98.1% | 56,9 k € | +656% | -10,2 k € |
| Balance sheet | |||||||||
| Equity | 205,3 k € | +6.0% | 193,7 k € | +22.1% | 158,7 k € | +245% | 46 k € | +106% | 22,3 k € |
| Total assets | 601,3 k € | +9.4% | 549,4 k € | -18.4% | 672,9 k € | +23.7% | 544 k € | +75.0% | 310,8 k € |
| Cash | 3,6 k € | -68.6% | 11,5 k € | -59.2% | 28,3 k € | +6.4% | 26,6 k € | – | |
| Debts | 396 k € | +11.3% | 355,7 k € | -30.8% | 514,2 k € | +3.3% | 497,9 k € | +72.6% | 288,4 k € |
| Other | |||||||||
| Workforce | 1,0 ETP | 0.0% | 1,0 ETP | – | – | – | |||
Board of directors
Source · NBB, accounts to 31/12/20232 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Glenn Mariën | Director | ||
Ludovicus Marien | DirectorManager2018 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
KARIN DINGEMANS | Manager2017 accounts | ||
Ludo Mariën | Director2021 accounts |
Other companies at this address
Rijkmakerlaan 38 2910 EssenFinancials
Full financial information
Source · NBB| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 28/04/2025 | 05/03/2025 | 19/10/2022 | 25/10/2021 | 24/03/2021 | 14/10/2019 |
| General meeting | 30/06/2024 | 30/06/2023 | 01/06/2022 | 02/06/2021 | 03/06/2020 | 05/06/2019 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 17 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2023 | 30/06/2024 | 28/04/2025 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 05/03/2025 | Dutch | |
| Micro model | 31/12/2021 | 01/06/2022 | 19/10/2022 | Dutch | |
| Micro model | 31/12/2020 | 02/06/2021 | 25/10/2021 | Dutch | |
| Micro model | 31/12/2019 | 03/06/2020 | 24/03/2021 | Dutch | |
| Micro model | 31/12/2018 | 05/06/2019 | 14/10/2019 | Dutch | |
| Abridged model | 31/12/2017 | 06/06/2018 | 17/09/2018 | Dutch | |
| Micro model | 31/12/2016 | 07/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 06/07/2016 | 29/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 19/08/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 04/06/2014 | 17/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 05/06/2013 | 20/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 19/08/2012 | 31/10/2012 | Dutch | |
| Abridged model | 31/12/2010 | 06/07/2011 | 24/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 13/04/2011 | 24/08/2011 | Dutch | |
| Abridged model | 31/12/2008 | 03/06/2009 | 24/08/2011 | Dutch | |
| Abridged model | 31/12/2007 | 04/06/2008 | 01/08/2008 | Dutch |
Valuation
Indicative valuation
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
Board of directors
Source · NBB, accounts to 31/12/20232 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Glenn Mariën | Director | ||
Ludovicus Marien | DirectorManager2018 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
KARIN DINGEMANS | Manager2017 accounts | ||
Ludo Mariën | Director2021 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates12/05/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Mandates10/10/2019ONTSLAGEN - BENOEMINGEN
- Mandates26/11/2018ONTSLAGEN - BENOEMINGEN
- Mandates02/09/2009BENOEMING WERKEND VENNOOT
- Mandates14/11/2008ONTSLAG ZAAKVOERDER
- Mandates20/04/2007Benoeming zaakvoerder
- Other15/01/2007Oprichting-Aanstelling zaakvoerder
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings16 filings
Mandates
Glenn Mariën
Ludovicus Marien
Ludo Mariën
KARIN DINGEMANS
20072008200920102011201220132014201520162017201820192020202120222023202420252026
MD Recycling
Rijkmakerlaan 38, 2910 Essen
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rijkmakerlaan 38, 2910 EssenCurrent | accounts 2021 → 2023 | Accounts 2023 · 2025-00088577 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| MD RecyclingCurrent | accounts 2007 → 2023 | Accounts 2023 · 2025-00088577 |
Events
- 2023Annual accounts 202311,5 k €↓
- 2022Annual accounts 202235 k €↓
- 2021Annual accounts 2021112,7 k €↑
- 2020Annual accounts 202056,9 k €↑
- 2018Annual accounts 2018-10,2 k €↓
- 2017Annual accounts 2017-6,5 k €↓
- 2016Annual accounts 201618,5 k €↑
- 2015Annual accounts 2015-9,7 k €↓
- 2014Annual accounts 20146,8 k €↓
- 2013Annual accounts 20137,6 k €↑
- 2012Annual accounts 2012-117,2 €↓
- 2011Annual accounts 20114,8 k €↓
- 2010Annual accounts 20106,1 k €↑
- 2009Annual accounts 20094,3 k €↑
- 2008Annual accounts 2008-8,9 k €↓
- 2007Annual accounts 20073,3 k €
- 05/01/2007IncorporationPrivate limited company