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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
YVES MAES from Tessenderlo-Ham, company number BE0861494216, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year YVES MAES recorded revenue of € 67.2 million and equity of € 5.5 million. Compared with financial year 2024, the result moved from € -723,524 to € 1.7 million. Profitable, and profit is growing. 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 July 1, 2026.
€ 5.5 million
▲ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ still € 723,524 loss in 2024
Profit after tax over the fiscal year.
€ 387,490
▲ 245% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.5 million.
People and assets in 2025
73.6
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5 million
▼ 1% vs 2024
€ 68,400 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.
€ 15 million
▼ 12% vs 2024
Of which on lease € 14.7 million.
Debts at end 2025
€ 25 million
▼ 5% vs 2024
€ 5.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 11 million
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 72 days on average.
€ 2.5 million
▲ 56% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 81,180,481 | € 74,829,714 | € 65,842,816 | € 67,238,326 | ▲ 2% |
| Profit after taxes | € -3,491,803 | € -336,492 | € -723,524 | € 1,687,966 | ▲ € 2.4 million |
| Equity | € 4,892,495 | € 4,556,003 | € 3,832,478 | € 5,520,444 | ▲ 44% |
| Total debts | € 46,303,644 | € 46,364,452 | € 43,537,893 | € 39,135,799 | ▼ 10% |
| Cash | € 873,875 | € 335,813 | € 112,476 | € 387,490 | ▲ 245% |
| Land & buildings | € 10,470,155 | € 12,714,089 | € 13,485,058 | € 14,811,196 | ▲ 10% |
| Retained profit | € 4,873,895 | € 4,537,403 | € 3,813,878 | € 5,501,844 | ▲ 44% |
| Bank debt | € 33,061,902 | € 29,276,955 | € 26,455,510 | € 25,048,995 | ▼ 5% |
| Balance sheet total | € 51,196,138 | € 50,920,455 | € 47,370,372 | € 44,656,243 | ▼ 6% |
| Employees (FTE) | 82.3 | 73.2 | 72.2 | 73.6 | ▲ 1.4 |
Key figures of YVES MAES, 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 YVES MAES?
What happened at YVES MAES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.7 million. Source: NBB ↗
- New establishment in Tienen. KBO
- New establishment in Tessenderlo-Ham. KBO
- New establishment in Vilvoorde. KBO
- New establishment in Tessenderlo-Ham. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.5 million loss in 2022 to € 1.7 million profit in 2025.
Paid € 521,520 in corporate taxes since 2022.
Best year ever: 2025, with € 1.7 million profit.
Pays suppliers within 72 days on average.
A new publication or filing at YVES MAES? 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
The stake of MAES RECYCLING GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
YVES MAESBehind YVES MAES is Maes Recycling Group BV. The shares are held by MAES RECYCLING GROUP (99.5%).
Directors
According to the 2025 annual accounts
Director · represented by Yves Maes
Also active at: MRS RECYCLING, WAREMME RECYCLAGE-WILLEMS-STASSENS, Asbest 2 Remove, ECO-CUBE, Top Vilvoorde, RECYCLING TEAM TESSENDERLO, YMA Trans
Shareholders
99.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Snelwegstraat 7
3980 Tessenderlo-Ham
Kanaalweg 98
3980 Tessenderlo-Ham
Active since 1 April 2005
Willemsstraat (Jan Frans) 121
1800 Vilvoorde
Active since 1 November 2013
Leeuwerikweg 7
3300 Tienen
Active since 1 July 2018
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 →MRS RECYCLING same network
€ 738,992 gross margin · 2025
MAES RECYCLING GROUP same network
€ 2.2 million gross margin · 2025
Group MAES
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
- 0861.494.216
- VAT number
- BE 0861.494.216
- Registered office
- Snelwegstraat 7, 3980 Tessenderlo-Ham
- Names & denominations
- YVES MAES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2003
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
Inzameling van ongevaarlijk afval
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Andere afvalverwijdering
Overige verwerking en verwijdering van ongevaarlijk afval
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)