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MRM Recycling

Active
Private limited companyfounded 2021active for 5 yearsBeertenstraat 14, 9160 Lokeren, BelgiumKBO/BCE: BE 0763.938.445
Summary

The computed 12-month bankruptcy probability of MRM Recycling is 1.9% (moderate). The 2025 annual accounts show equity of €23,118 and a net result of €9,568. Equity is growing by about 45% per year across the filed financial years. Its solvency ranks better than 32% of 13,511 sector peers (NACE 46, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190Wholesale trade NACE 46872
1 site
Size
€137,745total assets 2025
Staff
1.3 FTE
Equity
€23,118
Profit
€9,568
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts on time0 of 2 deeds read
Why 54raises riskFounded in 2021Figures for financial year 2025 (filed 31-10-2025)Liquidity: current ratio 1.01, cash €4,057Sector: Wholesale trade (NACE 46)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 43% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 42+4
equity 16.8% of total assets
Liquidity 8-37
short-term debt 83.2% · cash 2.9%
Profitability 59-22
return on assets 6.9%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,876 companies, NACE 46, micro)
Last 24 months 11-2024: 5.3%highest value 12-2024: 2.6%▼ -2.7 percentage points vs 11-2024 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.4%▼ -0.2 percentage points vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 3.0%▲ +0.6 percentage points vs 06-2025 08-2025: 3.8%▲ +0.8 percentage points vs 07-2025 09-2025: 3.8%● unchanged vs 08-2025 10-2025: 3.7%▼ -0.1 percentage points vs 09-2025 11-2025: 2.6%▼ -1.1 percentage points vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 2.6%● unchanged vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.5%▼ -0.1 percentage points vs 02-2026 04-2026: 2.4%▼ -0.1 percentage points vs 03-2026 05-2026: 1.4%▼ -1.0 percentage point vs 04-2026 06-2026: 1.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.5%▲ +0.2 percentage points vs 06-2026 08-2026: 1.5%● unchanged vs 07-2026 09-2026: 1.6%▲ +0.1 percentage points vs 08-2026 10-2026: 1.9%▲ +0.3 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.01, compared with 3.06 in 2024, below the usual 1.5; short-term debt: 83.2% and cash: 2.9% of total assets), and 83.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 29% on solvency, 10% on liquidity, 44% on profitability and 91% on growth.

The bankruptcy probability was computed on 17-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2025 (filed 31-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.01, cash €4,057
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
22 days late
2022
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 6 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 31 October (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end18-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €10,688

Key points

  • Total assets 20254 financial years filed €137,745 View
  • Active since 2021founded 23-02-2021 5 years View

By topic

Financials

Financial year
2025
Total assets
€137,745
Profit
€9,568
Solvency
16.8%
Total assets▲ 31.3%
Net result
20222025
Go to Financials

Timeline

Events
7
Since
2022
Next accounts
by 31-10-2026
  1. 31-03-2024Liquidity more than quadruples
  2. 22-11-2023Annual accounts filed
  3. 31-03-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
23-02-2021
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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