Maasmechelen Recycling
ActiveSummary
The computed 12-month bankruptcy probability of Maasmechelen Recycling is 2.5% (moderate). The 2025 annual accounts show equity of €12,448 and a net result of €1,048. Its solvency ranks better than 9% of 2,445 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 25-01-2024 Normal situation
- Registered office
- 43 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Other specialised construction activities NACE 43990and 2 others
- Establishment unit
- 2.355.884.728 3630 Maasmechelen, since 25-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- Quality ManagementDirector · since 23-01-2024 · permanent representative BROENS Maarten
- WERKHOFSDirector · since 23-01-2024 · permanent representative Ward Kerkhofs
- Auditor
- Moore Audit
Shareholders
- APK RECYCLING & TRANSPORT100%· score 69annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.5%
Annual accounts 2025
- Gross margin
- €187,439
- ▲ 59×
- Turnover
- ≈ €870,000
- estimated
- Profit
- €1,048
- Equity
- €12,448
- ▲ 9.2%
- Total assets
- €888,478
- ▲ 10.3%
Score breakdownraises riskLiquidity: current ratio 0.94, cash €1,468Founded in 20241 of the last 3 accounts latelowers riskSize: total assets €888,478Show the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 20% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency
26=
equity 1.4% of total assets
Liquidity
0=
short-term debt 98.2% · cash 0.2%
Profitability
32+10
return on assets 0.1%
Bankruptcy probability within 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 1.9%lowest value
03-2025: 1.9%● unchanged vs 02-2025lowest value
04-2025: 2.0%▲ +0.1 percentage points vs 03-2025
05-2025: 2.3%▲ +0.3 percentage points vs 04-2025
06-2025: 2.4%▲ +0.1 percentage points vs 05-2025
07-2025: 2.7%▲ +0.3 percentage points vs 06-2025
08-2025: 2.7%● unchanged vs 07-2025
09-2025: 3.0%▲ +0.3 percentage points vs 08-2025
10-2025: 3.7%▲ +0.7 percentage points vs 09-2025
11-2025: 3.7%● unchanged vs 10-2025
12-2025: 3.7%● unchanged vs 11-2025
01-2026: 3.9%▲ +0.2 percentage points vs 12-2025highest value
02-2026: 3.8%▼ -0.1 percentage points vs 01-2026
03-2026: 3.8%● unchanged vs 02-2026
04-2026: 3.8%● unchanged vs 03-2026
05-2026: 3.8%● unchanged vs 04-2026
06-2026: 3.7%▼ -0.1 percentage points vs 05-2026
07-2026: 3.6%▼ -0.1 percentage points vs 06-2026
08-2026: 2.5%▼ -1.1 percentage points vs 07-2026
09-2026: 2.5%● unchanged vs 08-2026
10-2026: 2.5%● unchanged vs 09-2026
11-2026: 2.5%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.94 (0.96 in 2024), below 1. Short-term debt is 98.2% and cash 0.2% of total assets. 98.6% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 9% of them on solvency, 2% on liquidity, 17% on profitability and 54% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2445 sector peers (2025).
NBB · sector comparisonPosition among 2445 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
22 days early
2024
34 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 6 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Caution: Lower solvency than 91% of companies in specialised constructionsector median 42.5% · 2,445 companies 1.4% View
Recent changes
- · Gazette deed Permanent representatives: Maarten BROENS and Ward KERKHOFSAppointment: Moore Audit bv (statutory auditor)
- · Gazette deed IncorporationStarting capital €18,600 · Permanent representatives: BROENS Maarten and Ward Kerkhofs · Appointments: Quality Management (director) and WERKHOFS (director)
Companies linked to Maasmechelen Recycling
Comparable companies
These companies have the same main activity as Maasmechelen Recycling: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €595,000 and €1.1m, founded between 2022 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| Maasmechelen Recycling Pelt | €0.9m | €0.2m |
| AMYX Zaventem | €1.1m | €0.2m |
| DF BETON Genk | €0.8m | €0.2m |
| Dirk Steen Cerfontaine | €0.7m | €0.2m |
| Kraanverhuur VCA Lokeren | €1.0m | €0.1m |
| BARAL INNOVATION Jodoigne | €0.9m | €0.1m |
| AXE CON Antwerpen | €0.6m | €0.2m |
Key facts about Maasmechelen Recycling
- What is the company number of Maasmechelen Recycling?
- The company number of Maasmechelen Recycling is 1005.209.911. The VAT number is the same number with BE in front: BE 1005.209.911.
- Where is Maasmechelen Recycling based?
- The registered office is at Haltstraat 50, 3900 Pelt.Company details
- What does Maasmechelen Recycling do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of Maasmechelen Recycling?
- The legal form of Maasmechelen Recycling is Private limited company (BV).
- When was Maasmechelen Recycling founded?
- Maasmechelen Recycling was founded on 25-01-2024.
- Is Maasmechelen Recycling still active?
- Yes, Maasmechelen Recycling is an active enterprise in the KBO register.
- What is the turnover of Maasmechelen Recycling?
- The turnover in financial year 2025 is ≈ €870,000. This figure is estimated from the gross margin of €187,439 and 72 comparable companies (NACE 43990). It probably lies between €540,000 and €1.4m.Financials
- Is Maasmechelen Recycling profitable?
- In financial year 2025, Maasmechelen Recycling made a profit of €1,048.
- Where can I find the annual accounts of Maasmechelen Recycling?
- Maasmechelen Recycling filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Maasmechelen Recycling due?
- Maasmechelen Recycling must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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