Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MATRAS RECYCLING EU BELGIË from Westerlo, company number BE0769739144, closed financial year 2024 with a result of € -79,205 after tax. For that financial year MATRAS RECYCLING EU BELGIË recorded a gross margin of € 582,127 and equity of € -687,145. Compared with financial year 2023, the result moved from € 99,328 to € -79,205. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 10, 2025.
€ -687,145
▼ € 79,204 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -79,205
▼ still € 99,328 profit in 2023
Profit after tax over the fiscal year.
€ 649
▼ 29% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -707,145.
People and assets in 2024
5
▲ 1.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 216,919
▲ 35% vs 2023
€ 43,400 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.
€ 1.1 million
▲ 63% vs 2023
Of which on lease € 1.1 million.
Debts at end 2024
€ 2 million
▲ 63% vs 2023
€ 193,178 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1.4 million
▲ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 40,975
▲ 256% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -472,100 | € 616,255 | € 582,127 | ▼ 6% |
| Profit after taxes | € -727,269 | € 99,328 | € -79,205 | ▼ € 178,533 |
| Equity | € -707,269 | € -607,941 | € -687,145 | ▼ € 79,204 |
| Total debts | € 2,191,012 | € 2,921,566 | € 3,612,645 | ▲ 24% |
| Cash | € 4,938 | € 920 | € 649 | ▼ 29% |
| Retained profit | € -727,269 | € -627,941 | € -707,145 | ▼ € 79,204 |
| Bank debt | € 1,260,540 | € 1,231,258 | € 2,003,859 | ▲ 63% |
| Balance sheet total | € 1,483,743 | € 2,313,625 | € 2,925,499 | ▲ 26% |
| Employees (FTE) | 0.5 | 3.3 | 5 | ▲ 1.7 |
Key figures of MATRAS RECYCLING EU BELGIË, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MATRAS RECYCLING EU BELGIË?
What happened at MATRAS RECYCLING EU BELGIË in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 79,205 (▼ € 178,533 vs 2023). filed late Source: NBB ↗
- New establishment in Westerlo. KBO
- Matras Recycling EU BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 727,269 loss in 2022 to € 79,205 loss in 2024.
Best year ever: 2023, with € 99,328 profit.
On average € 116,400 of value added per employee in 2024.
A new publication or filing at MATRAS RECYCLING EU BELGIË? We notify you, reason included.
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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 MATRAS RECYCLING EU BELGIË is Matras Recycling EU BV.
Directors
According to the 2024 annual accounts
Director · represented by Rudolf Kortink
since 2021
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 10
2260 Westerlo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AS-ZXCS, NL
Domain
Domain
matrasrecyclingeurope.com
Registered
2012-06-16
Registrar
Hosting Concepts B.V. d/b/a Registrar.eu
Expires
2026-06-16
Website info
Features
Security
Network
Details
- Company number
- 0769.739.144
- VAT number
- BE 0769.739.144
- Registered office
- Nijverheidsstraat 10, 2260 Westerlo
- Names & denominations
- MATRAS RECYCLING EU BELGIË
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 2021
- Peppol
- Active · Active since 8 Dec 2022
- Activities · NACE
Terugwinning van materialen uit afval
Inzameling van ongevaarlijk afval
Terugwinning van overig gesorteerd afval
Sanering en ander afvalbeheer
Groothandel in ijzer- en staalschroot en in oude non-ferrometalen
Groothandel in afval en schroot, neg
Sorteren van ongevaarlijk afval
Groothandel in afval en schroot, n.e.g.