Financials
Financial year 2025
MRS RECYCLING from Tessenderlo-Ham, company number BE0447785949, closed financial year 2025 with a result of € -209,841 after tax. For that financial year MRS RECYCLING recorded a gross margin of € 738,992 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 412,401 to € -209,841. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 1.5 million
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -209,841
▼ still € 412,401 profit in 2024
Profit after tax over the fiscal year.
€ 62,627
▲ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 469,419.
People and assets in 2025
9.2
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 608,455
▲ 28% vs 2024
€ 66,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 2.8 million
▼ 10% vs 2024
€ 299,364 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1.3 million
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 201,645
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 493,191 | € 938,104 | € 1,451,490 | € 738,992 | ▼ 49% |
| Profit after taxes | € -49,150 | € 367,514 | € 412,401 | € -209,841 | ▼ € 622,242 |
| Equity | € 889,346 | € 1,256,860 | € 1,669,260 | € 1,459,419 | ▼ 13% |
| Total debts | € 4,623,150 | € 4,311,203 | € 4,390,040 | € 4,325,102 | ▼ 1% |
| Cash | € 67,774 | € 77,596 | € 42,231 | € 62,627 | ▲ 48% |
| Land & buildings | € 4,746,539 | € 4,554,635 | € 4,366,517 | € 4,249,509 | ▼ 3% |
| Retained profit | € -100,654 | € 266,860 | € 679,260 | € 469,419 | ▼ 31% |
| Bank debt | € 3,592,420 | € 3,309,368 | € 3,045,083 | € 2,751,415 | ▼ 10% |
| Balance sheet total | € 5,512,496 | € 5,568,063 | € 6,059,301 | € 5,784,521 | ▼ 5% |
| Employees (FTE) | 3 | 2.8 | 7.4 | 9.2 | ▲ 1.8 |
Key figures of MRS RECYCLING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MRS RECYCLING?
What happened at MRS RECYCLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maes Recycling Group BV stepped down as director. NBB
- Geert Roelans stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 209,841 (▼ € 622,242 vs 2024). Source: NBB ↗
- Maes Recycling Group BV became a director. NBB
- Geert Roelans became a director. NBB
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,150 loss in 2022 to € 209,841 loss in 2025.
Paid € 99,479 in corporate taxes since 2022.
Best year ever: 2024, with € 412,401 profit.
On average € 80,300 of value added per employee in 2025.
Management
The stake of GRCT, MAES RECYCLING GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MRS RECYCLINGThe shares are held by GRCT (33.3%) and MAES RECYCLING GROUP (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Yves Maes
Also active at: WAREMME RECYCLAGE-WILLEMS-STASSENS, Asbest 2 Remove, ECO-CUBE, Top Vilvoorde, YVES MAES, RECYCLING TEAM TESSENDERLO, YMA Trans
since 2025 · until 2031
Shareholders
33.3%
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Snelwegstraat 7
3980 Tessenderlo-Ham
Nijverheidsstraat 10
2260 Westerlo
Active since 1 September 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →MAES RECYCLING GROUP same network
€ 2.2 million gross margin · 2025
Group MAES
YVES MAES same network
€ 67.2 million revenue · 2025
RECYCLING TEAM TESSENDERLO same network
€ 2 million gross margin · 2025
YMA Trans same network
€ 17.7 million revenue · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.785.949
- VAT number
- BE 0447.785.949
- Registered office
- Snelwegstraat 7, 3980 Tessenderlo-Ham
- Names & denominations
- MRS RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1992
- Peppol
- Active · Active since 20 Jun 2025
- Activities · NACE
Storten of permanent opslaan
Andere afvalverwijdering
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