N&M RECY
ActiveN&M RECY has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €10k. Its solvency ranks better than 85% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+24
Solvency100▲+18
Growth78
Track record82
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.78 against 1.78 in 2024; short-term debt: 19.9% and cash: 22.7% of total assets), and 19.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.1%
Return on assets
43%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
29 d late
2024
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▲ 116%
2024 · €9k
2024: €9k
2024 → 2025
Total assets
€23k▲ 53.0%
2024 · €15k
2024: €15k
2024 → 2025
Net result
€10k▲ 178%
2024 · €4k
2024: €4k
2024 → 2025
Working capital
€8k▲ 61.5%
2024 · €5k
2024: €5k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€9k-€19k▲ 116%
Operating result€7k-€13k▲ 88.8%
Net result€4k-€10k▲ 178%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 89% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22k
Fixed assets
€9k▲ 171%
Current assets
€13k▲ 10.2%
Equity and liabilities €23k
Equity
€19k▲ 116%
Debt
€5k▼ 29.6%
The debt ratio falls from 43.3% to 19.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €7k
Cash flow
€14k▲
2024 · €4k
Solvency
80.1%▲
2024 · 56.7%
Current ratio
2.78▲
2024 · 1.78
Quick ratio
2.78▲
2024 · 1.78
Debt / equity
0.25▼
2024 · 0.76
ROE
53.8%▲
2024 · 41.8%
ROA
43.0%▲
2024 · 23.7%
Interest coverage
35.57▲
2024 · 3.31
Debt
€5k▼
2024 · €7k
Debt ≤ 1 year
€5k▼
2024 · €7k
Income taxes
€3k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€15k€23k▲
Formation expenses20-€869
Fixed assets21/28€3k€9k▲
Tangible fixed assets22/27€3k€9k▲
Plant, machinery and equipment23-€973
Furniture and vehicles24€3k€8k▲
Financial fixed assets28€80€80=
Current assets29/58€12k€13k▲
Amounts receivable within one year40/41€721€8k▲
Trade receivables40-€6k
Other amounts receivable41€721€1k▲
Cash at bank and in hand54/58€11k€5k▼
Equity and liabilities
Total equity and liabilities10/49€15k€23k▲
Equity10/15€9k€19k▲
Contributions10/11€5k€5k=
Reserves13€500€500=
Non-distributable reserves130/1€500€500=
Reserves not available under the articles1311€500€500=
Profit (loss) carried forward14€3k€13k▲
Amounts payable17/49€7k€5k▼
Amounts payable within one year42/48€7k€5k▼
Trade debts44€5k€511▼
Suppliers440/4€5k€511▼
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Remuneration and social security454/9-€99
Income statement
Code20242025
Non-recurring operating income76A€5k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86€4k▲
Other operating charges640/8€176€204▲
Gross operating margin9900€7k€18k▲
Operating profit (loss)9901€7k€13k▲
Financial charges65/66B€2k€490▼
Recurring financial charges65€2k€490▼
Profit (loss) for the period before taxes9903€5k€12k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€4k€10k▲
Profit (loss) for the period to be appropriated9905€4k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€13k▲
Profit (loss) brought forward from the previous period14P-€3k
Transfer to equity691/2€500-
To other reserves6921€500-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wemmel · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koningin Astridlaan 491780 WemmelGround area
6,036 m²
Building footprint
1,340 m²
Volume, LiDAR
6,743 m³
2 parcels, Flanders, Wallonia · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
N&M RECY
since 20242.357.125.437
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91001C0131/00V004 | Wallonia | 4,505 m² | 1 · 753 m² | - |
| 22662B0408/00S005 | Flanders | 1,531 m² | 1 · 587 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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AZ CONTAINERS BELGIUM
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MEPA Recyclage
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Of 393 companies in sector 38110 we hold annual accounts for 202. 65 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2024
Fiscal year end31-12
Abbreviation NL
NMR
Activities, NACEBEL
38110Waste collection, recovery and disposal activities
52210Service activities incidental to land transportation
38210Materials recovery from waste
43120Site preparation
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
81220Other building cleaning and industrial cleaning
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.