Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2023; threshold 65 %.
-
Late annual account NBB
Fiscal year 2023 was filed 306 days after the legal deadline.
-
Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
FM Recycling from Houthalen-Helchteren, company number BE0748662331, closed financial year 2023 with a result of € 11,551 after tax. For that financial year FM Recycling recorded a gross margin of € 75,824 and equity of € 23,222. Compared with financial year 2022, the result moved from € 21,919 to € 11,551. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2025.
€ 23,222
▲ 99% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,551
▼ 47% vs 2022
Profit after tax over the fiscal year.
€ 8,906
▼ 63% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 22,222.
People and assets in 2023
€ 86,319
▼ 25% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 90,526
▼ 36% vs 2022
€ 52,177 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 21,940
▲ 33% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 5,086
▼ 59% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 26,489 | € 47,118 | € 75,824 | ▲ 61% |
| Profit after taxes | € -9,979 | € 21,919 | € 11,551 | ▼ 47% |
| Equity | € -10,248 | € 11,671 | € 23,222 | ▲ 99% |
| Total debts | € 137,836 | € 208,227 | € 159,662 | ▼ 23% |
| Cash | € 285 | € 24,237 | € 8,906 | ▼ 63% |
| Retained profit | € -11,248 | € 10,671 | € 22,222 | ▲ 108% |
| Bank debt | € 94,526 | € 140,860 | € 90,526 | ▼ 36% |
| Balance sheet total | € 127,588 | € 219,897 | € 182,884 | ▼ 17% |
Key figures of FM Recycling, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to FM Recycling?
What happened at FM Recycling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 11,551 (▼ 47% vs 2022). filed late Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,979 loss in 2021 to € 11,551 profit in 2023.
Paid € 1,974 in corporate taxes since 2021.
Best year ever: 2022, with € 21,919 profit.
A new publication or filing at FM Recycling? We notify you, reason included.
Follow FM RecyclingDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FM Recycling are Michaël Kwanten and Frank Claes. The same people are also behind FM TRANS. Frank Claes is also behind D en I CLAES and GBK COMPUTERSTORE.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Europarklaan 25 box 1
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0748.662.331
- VAT number
- BE 0748.662.331
- Registered office
- Europarklaan 25 bus 1, 3530 Houthalen-Helchteren
- Names & denominations
- FM Recycling
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 2020
- Peppol
- Active · Active since 1 Jan 2026
- Activities · NACE
Diensten in verband met vervoer te land
Groothandel in andere motorvoertuigen (> 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)