Skip to content

AC RECYCLING

Active
Public limited companyfounded 2006active for 20 yearsStaatsbaan 119, 3210 Lubbeek, BelgiumKBO/BCE: BE 0880.249.561
Summary

AC RECYCLING has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €422,282 and a net result of €175,269. Equity shrank by about 6.4% per year on average since 2019. In 2025 it rose by 71%. Its solvency ranks better than 9% of 280 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 27-03-2006 Normal situation
Registered office
10 active companies are registered at this address Source: KBO register, as of 5 November 2026.
Activity
Materials recovery from waste NACE 38210and 3 others
Joint committees
200 Auxiliary committee for white-collar workers
121 Cleaning · annual accounts 30-06-2025
Establishment unit
2.157.662.753 1910 Kampenhout, since 02-11-2006
Financial year end
30 June
Peppol
Reachable

Board and ownership

Board
  • ANDRE CELIS – HOLDINGManaging director · permanent representative CELIS Frans Ludovicus Jozef
Auditor
Luc Callaert BV
Shareholders

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts to 30-06-2025
Turnover
€11.3m
▼ 1.6%
Profit
€175,269
▲ 534%
Equity
€422,282
▲ 71.0%
Total assets
€9.6m
▲ 11.6%
Employees on 30-06-2025
5
▼ 28.6%
Score breakdownraises riskLiquidity: current ratio 0.37, cash €89,433Equity €422,282 (4.4% of total assets)Sector: Waste collection, recovery and disposal activities (NACE 38)lowers riskFounded in 2006Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 40% of micro companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Average
Solvency 29+1
equity 4.4% of total assets
Liquidity 23+12
short-term debt 54.3% · cash 0.9%
Profitability 72+4
return on assets 1.8%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (520 companies, NACE 38, micro)
Last 24 months 12-2024: 1.7% 01-2025: 2.1%▲ +0.4 percentage points vs 12-2024highest value 02-2025: 1.1%▼ -1.0 percentage point vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.2%▲ +0.1 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.5%▲ +0.3 percentage points vs 12-2025 02-2026: 0.8%▼ -0.7 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.9%▲ +0.1 percentage points vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.37 (0.39 in 2024), below 1. Short-term debt is 54.3% and cash 0.9% of total assets. 95.6% 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 38, micro). It does better than 18% of them on solvency, 17% on liquidity, 58% on profitability and 65% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.37, cash €89,433
NBB · annual accounts
raises risk · Equity €422,282 (4.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Waste collection, recovery and disposal activities (NACE 38)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 280 sector peers (2025).
NBB · sector comparison
Position among 280 sector peers
Solvency
better than 9%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €422,282
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
4 days early
2023
9 days early
2022
28 days late
2021
19 days early
2020
3 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end05-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €27,660 to €175,269 ▲ 534% View
  • Caution: Lower solvency than 90% of companies in waste collection and treatmentsector median 40.5% · 280 companies 4.4% View

Recent changes

  1. · Gazette deed Algemene Vergadering - Boekjaar
  2. · Gazette deed Reappointment: Luc Callaert BV (statutory auditor)Permanent representative: Celis François
  3. · Gazette deed Resignations & appointmentsChange of role: ANDRE CELIS – HOLDING, from director to managing director · Resignations: CELIS Nick (director) and SWEVERS Christiane (director) · Reappointments: CELIS Nick, SWEVERS Christiane and ANDRE CELIS – HOLDING
All 18 events

Comparable companies

These companies have the same main activity as AC RECYCLING: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €5.7m and €14m, founded between 1991 and 2007.

CompanyTotal assetsTurnover
AC RECYCLING Lubbeek€9.6m€11.3m
HARZE J.-VAN EST Herentals€9.7m€9.9m
STASSEN RECYCLING Genk€7.9m€20.4m
SANEL RECYCLING Eeklo€10.5m€8.9m
A.G. METALS RECYCLING Beersel€5.7m€17.8m
BARCHON METAL VANNERUM Flémalle€9.3m€12.3m
CASTELEYN TRS Tielt€13.8m€4.6m
Full comparison

Key facts about AC RECYCLING

What is the company number of AC RECYCLING?
The company number of AC RECYCLING is 0880.249.561. The VAT number is the same number with BE in front: BE 0880.249.561.
Where is AC RECYCLING based?
The registered office is at Staatsbaan 119, 3210 Lubbeek.Company details
What does AC RECYCLING do?
According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
What is the legal form of AC RECYCLING?
AC RECYCLING is a public limited company (NV).
When was AC RECYCLING founded?
AC RECYCLING was founded on 27-03-2006.
Is AC RECYCLING still active?
Yes, AC RECYCLING is an active enterprise in the KBO register.
How many employees does AC RECYCLING have?
AC RECYCLING had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does AC RECYCLING fall under?
In its 30-06-2025 annual accounts, AC RECYCLING states joint committees 200 (Auxiliary committee for white-collar workers) and 121 (Cleaning).
What is the turnover of AC RECYCLING?
The turnover of AC RECYCLING was €11.3m in financial year 2025, according to the filed annual accounts.
Is AC RECYCLING profitable?
In financial year 2025, AC RECYCLING made a profit of €175,269.
Where can I find the annual accounts of AC RECYCLING?
AC RECYCLING filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AC RECYCLING due?
AC RECYCLING must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.