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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Madeco-Recycling from Oosterzele, company number BE0762683086, closed financial year 2025 with a result of € 65,492 after tax. For that financial year Madeco-Recycling recorded a gross margin of € 89,448 and equity of € 191,532. Compared with financial year 2024, the result moved from € 62,475 to € 65,492. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 191,532
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,492
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 3,781
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 108,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 4,189
▲ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 154,278
▼ 6% vs 2024
€ 10,777 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 7,388
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,297
▼ 64% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 148,331 | € 64,533 | € 84,619 | € 89,448 | ▲ 6% |
| Profit after taxes | € 94,106 | € 45,459 | € 62,475 | € 65,492 | ▲ 5% |
| Equity | € 99,106 | € 171,565 | € 234,040 | € 191,532 | ▼ 18% |
| Total debts | € 212,051 | € 214,447 | € 195,801 | € 251,487 | ▲ 28% |
| Cash | € 72,610 | € 99,487 | € 49,106 | € 3,781 | ▼ 92% |
| Land & buildings | € 225,000 | € 252,000 | € 252,000 | € 253,007 | |
| Retained profit | € 94,106 | € 139,565 | € 202,040 | € 159,532 | ▼ 21% |
| Dividend | € 0 | € 0 | € 0 | € 108,000 | |
| Bank debt | € 180,000 | € 170,015 | € 164,784 | € 154,278 | ▼ 6% |
| Balance sheet total | € 311,157 | € 386,012 | € 429,841 | € 443,019 | ▲ 3% |
Key figures of Madeco-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 30 April 2027.
What happened to Madeco-Recycling?
What happened at Madeco-Recycling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 65,492 (▲ 5% vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 94,106 profit in 2022 to € 65,492 profit in 2025.
Paid € 72,149 in corporate taxes since 2022.
Best year ever: 2022, with € 94,106 profit.
Paid out € 108,000 in dividends to the owners in total.
Management
Behind Madeco-Recycling are Maarten De Cocker and Pama. Pama is also behind DE COCKER GEERT and CHRIMETAL.
Directors
According to the 2025 annual accounts
Maarten De Cocker
Director
Establishments
Establishment units
Physical locations of this company
Moortselestraat 26
9860 Oosterzele
Gemeenteplein 13 box 301
9090 Merelbeke-Melle
Active since 29 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0762.683.086
- VAT number
- BE 0762.683.086
- Registered office
- Moortselestraat 26, 9860 Oosterzele
- Names & denominations
- Madeco-Recycling
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2021
- Peppol
- Active · Active since 2 Jul 2025
- Activities · NACE
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