ABa recycling
ActiveSummary
For ABa recycling, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €540,185 and a net result of €416,566. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 33% of 275 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability95▼-5
Solvency52▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 154 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 23-05-2025, 23 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
23 d late
2023
31 d late
2022
31 d late
2021
31 d late
2019
211 d late
2018
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 60 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€416,566▼ 19.9%
2023 · €519,790
Working capital
€695,613▲ 5.1%
2023 · €661,871
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192021202220232024
Operating result€80,944-€411,489-€330,476▼ 19.7%€531,226▲ 60.7%€428,618▼ 19.3%
Net result€54,009-€364,799within the sector's middle half-€303,320within the sector's middle half▼ 16.9%€519,790within the sector's middle half▲ 71.4%€416,566within the sector's middle half▼ 19.9%
Equity€201,493-€440,509within the sector's middle half-€503,829within the sector's middle half▲ 14.4%€523,619within the sector's middle half▲ 3.9%€540,185within the sector's middle half▲ 3.2%
Total assets€617,507-€1.2mbelow the sector's middle half-€1.3mbelow the sector's middle half▲ 4.9%€1.6mbelow the sector's middle half▲ 21.1%€2.0mwithin the sector's middle half▲ 29.2%
Debt€416,014-€788,855-€785,294▼ 0.5%€1.0m▲ 32.1%€1.5m▲ 42.4%
Working capital€410,457-€597,622within the sector's middle half-€660,852within the sector's middle half▲ 10.6%€661,871within the sector's middle half▲ 0.2%€695,613within the sector's middle half▲ 5.1%
Solvency32.6%-35.8%within the sector's middle half-39.1%within the sector's middle half▲ 3.3pp33.5%within the sector's middle half▼ 5.5pp26.8%within the sector's middle half▼ 6.8pp
Current ratio4.34-2.30within the sector's middle half-2.34within the sector's middle half▲ 0.041.90within the sector's middle half▼ 0.441.58within the sector's middle half▼ 0.32
Return on assets (ROA)8.7%-29.7%above the sector's middle half-23.5%above the sector's middle half▼ 6.1pp33.3%above the sector's middle half▲ 9.8pp20.7%above the sector's middle half▼ 12.6pp
Staff (FTE)6.8-10.5within the sector's middle half-14.2within the sector's middle half▲ 35.2%10within the sector's middle half▼ 29.6%11.6within the sector's middle half▲ 16.0%
above
within
below
the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.0m
Fixed assets
€126,645 ▼ 23.5%
Current assets
€1.9m ▲ 35.5%
Equity and liabilities €2.0m
Equity
€540,185 ▲ 3.2%
Debt
€1.5m ▲ 42.4%
Debt's share of the balance-sheet total rises from 66.5% to 73.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€469,776▼
2023 · €583,449
Cash flow
€457,724▼
2023 · €572,014
Quick ratio
1.53▼
2023 · 1.75
Debt to equity
2.73▲
2023 · 1.98
ROE
77.1%▼
2023 · 99.3%
Interest coverage
231.31▼
2023 · 239.51
Debt ≤ 1 year
€1.2m▲
2023 · €733,554
Debt > 1 year
€277,807▼
2023 · €303,895
Income taxes
€10,100▲
2023 · €9,010
Staff costs
€324,517▲
2023 · €272,751
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €233,342 | €314,510 | €272,751 | €324,517 | ▲ 19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,235 | €35,415 | €43,163 | €52,223 | €41,158 | ▼ 21.2% |
| Other operating charges640/8 | - | €16,939 | €17,545 | €10,354 | €14,808 | ▲ 43.0% |
| Gross operating margin9900 | €254,606 | €697,185 | €705,694 | €866,554 | €809,100 | ▼ 6.6% |
| Operating profit (loss)9901 | €80,944 | €411,489 | €330,476 | €531,226 | €428,618 | ▼ 19.3% |
| Financial income75/76B | - | €40 | €75 | €10 | €79 | ▲ 657% |
| Recurring financial income75 | €30 | €31 | €75 | €10 | €79 | ▲ 657% |
| Non-recurring financial income76B | - | €10 | - | - | - | - |
| Financial charges65/66B | - | €1,163 | €1,290 | €2,436 | €2,031 | ▼ 16.6% |
| Recurring financial charges65 | €1,072 | €1,163 | €1,290 | €2,436 | €2,031 | ▼ 16.6% |
| Profit (loss) for the period before taxes9903 | €79,902 | €410,366 | €329,261 | €528,800 | €426,665 | ▼ 19.3% |
| Income taxes67/77 | €25,893 | €45,566 | €25,941 | €9,010 | €10,100 | ▲ 12.1% |
| Profit (loss) for the period9904 | €54,009 | €364,799 | €303,320 | €519,790 | €416,566 | ▼ 19.9% |
| Profit (loss) for the period to be appropriated9905 | €54,009 | €364,799 | €303,320 | €519,790 | €416,566 | ▼ 19.9% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €617,507 | €1.2m | €1.3m | €1.6m | €2.0m | ▲ 29.2% |
| Fixed assets21/28 | €84,061 | €173,712 | €135,138 | €165,643 | €126,645 | ▼ 23.5% |
| Intangible fixed assets21 | €539 | €180 | - | - | - | - |
| Tangible fixed assets22/27 | €83,522 | €173,532 | €135,138 | €165,643 | €126,645 | ▼ 23.5% |
| Land and buildings22 | - | €5,716 | €5,061 | €4,407 | €3,752 | ▼ 14.9% |
| Plant, machinery and equipment23 | - | €40,563 | €32,472 | €26,974 | €17,753 | ▼ 34.2% |
| Furniture and vehicles24 | - | €46,884 | €27,512 | €73,658 | €52,621 | ▼ 28.6% |
| Other tangible fixed assets26 | - | €80,370 | €70,093 | €60,604 | €52,519 | ▼ 13.3% |
| Current assets29/58 | €533,446 | €1.1m | €1.2m | €1.4m | €1.9m | ▲ 35.5% |
| Stocks and contracts in progress3 | €112,402 | €126,137 | €110,597 | €108,802 | €63,599 | ▼ 41.5% |
| Stocks30/36 | - | €126,137 | €110,597 | €108,802 | €63,599 | ▼ 41.5% |
| Amounts receivable within one year40/41 | €210,138 | €495,711 | €649,329 | €867,569 | €1.3m | ▲ 48.5% |
| Trade receivables40 | - | €309,230 | €222,490 | €364,497 | €447,656 | ▲ 22.8% |
| Other amounts receivable41 | - | €186,481 | €426,839 | €503,072 | €841,043 | ▲ 67.2% |
| Cash at bank and in hand54/58 | €202,962 | €424,163 | €366,135 | €406,243 | €530,855 | ▲ 30.7% |
| Deferred charges and accrued income490/1 | - | €9,641 | €27,924 | €12,811 | €7,384 | ▼ 42.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €617,507 | €1.2m | €1.3m | €1.6m | €2.0m | ▲ 29.2% |
| Equity10/15 | €201,493 | €440,509 | €503,829 | €523,619 | €540,185 | ▲ 3.2% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €139,493 | €378,509 | €441,829 | €461,619 | €478,185 | ▲ 3.6% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | €372,309 | €435,629 | €455,419 | €471,985 | ▲ 3.6% |
| Amounts payable17/49 | €416,014 | €788,855 | €785,294 | €1.0m | €1.5m | ▲ 42.4% |
| Amounts payable after more than one year17 | €293,025 | €330,825 | €292,161 | €303,895 | €277,807 | ▼ 8.6% |
| Financial debts170/4 | - | €330,825 | €292,161 | €303,895 | €277,807 | ▼ 8.6% |
| Amounts payable within one year42/48 | €122,989 | €458,030 | €493,133 | €733,554 | €1.2m | ▲ 62.9% |
| Current portion of amounts payable after more than one year42 | - | €42,232 | €42,589 | €31,286 | €25,972 | ▼ 17.0% |
| Trade debts44 | €54,879 | €83,818 | €111,437 | €168,348 | €223,050 | ▲ 32.5% |
| Suppliers440/4 | - | €83,818 | €111,437 | €168,348 | €223,050 | ▲ 32.5% |
| Advances received on contracts in progress46 | - | €6,267 | €6,267 | - | - | - |
| Taxes, remuneration and social security45 | - | €34,766 | €84,788 | €25,869 | €37,101 | ▲ 43.4% |
| Taxes450/3 | - | - | €27,414 | - | €10,100 | - |
| Remuneration and social security454/9 | - | €34,766 | €57,374 | €25,869 | €27,002 | ▲ 4.4% |
| Other amounts payable47/48 | - | €290,947 | €248,052 | €508,052 | €908,800 | ▲ 78.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €4,267 | - |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,009 | €364,799 | €303,320 | €519,790 | €416,566 | ▼ 19.9% |
| + Depreciation and write-downs630 | €26,235 | €35,415 | €43,163 | €52,223 | €41,158 | ▼ 21.2% |
| Operating cash flow (approximation) | €80,244 | €400,214 | €346,483 | €572,014 | €457,724 | ▼ 20.0% |
| Investment in fixed assets (approximation) | - | - | -€4,589 | -€82,729 | -€2,161 | ▲ 97.4% |
| Change in cash | - | - | -€58,028 | €40,108 | €124,612 | ▲ 211% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 23 days late
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
30-09
Financial
Highest result since 2019net €519,790 ▲71.4%
Operating result €531,226, net result €519,790, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
30-09
Financial
Equity above €500,000Eq €503,829 ▲14.4%
3 profitable years in a row build equity to €503,829.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 211 days late
2019
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
04-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 157 days late
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
16-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ath · 1 establishment unit since 2012
Ground area
5.8 ha
Building footprint
2.1 ha
Volume, LiDAR
162,489 m³
Parcel 51024A0487/00_000, Wallonia · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ABa recycling
since 20122.211.750.547
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51024A0487/00_000 | Wallonia | 5.8 ha | 1 · 2.1 ha | 11.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- TOP IMMO
- ABa recycling
Highest known parent: TOP IMMO. The sources do not say who stands above it.
Owners 1
- TOP IMMOparentSourceaccounts TOP IMMO 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
RECYTERRE
BE 0449.430.890
Aiseau-Presles · Eq €537,395
PCB Decontamination
BE 0455.185.168
Grimbergen · Eq €545,600
TERRACORRECT
BE 0567.547.790
Wevelgem · Eq €533,811
Fleur Service social asbl
BE 0420.270.514
Liège · Eq €551,646
FEG-PARTNER
BE 0817.756.025
Charleroi · Eq €552,364
Of 977 companies in this sector we hold annual accounts for 587. 414 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded20-06-2012
Fiscal year end30-09
Activities, NACEBEL 2025
38210Materials recovery from waste
46879Wholesale trade
38110Waste collection, recovery and disposal activities
38330Waste collection, recovery and disposal activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0846719136
Also
9925:BE0846719136
Registered
30-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.