Advanced Recycling Solutions
The computed 12-month bankruptcy probability of Advanced Recycling Solutions is 2.6% (moderate). The 2024 annual accounts show equity of €78k and a net result of €16k. Its solvency ranks better than 58% of 46 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €78k |
| Net result | €16k |
| Better than sector | 58% |
| Active | 2 yrs |
Strong profile, led by health.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.1% | 30.9% | |
| Net result | €16k | €2k | |
| Equity | €78k | €2.99M | |
| Total assets | €194k | €12.04M |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €274k |
| EBITDA | - |
| Net profit | €16k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €194k |
| Equity | €78k |
| Debt | €116k |
| of which ≤ 1y | €116k |
| of which > 1y | - |
| Working capital | €78k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.67 |
| Quick ratio | 1.67 |
| Working capital ratio | 40.1% |
| Solvency | 40.1% |
| Debt / equity | 1.49 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | 5.9% |
| ROA | 8.3% |
| ROE | 20.8% |
| EBITDA margin | - |
| Days sales outstanding | 71d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (18 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €194k |
| Current assets | 29/58 | €194k |
| Amounts receivable within one year | 40/41 | €193k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €194k |
| Equity | 10/15 | €78k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €16k |
| Amounts payable | 17/49 | €116k |
| Amounts payable within one year | 42/48 | €116k |
| Trade debts payable within one year | 44 | €110k |
| Income statement | ||
| Turnover | 70 | €274k |
| Operating result | 9901 | €20k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €91 |
| Result before taxes | 9903 | €22k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €16k |
| Result to be appropriated | 9905 | €16k |
| NACE primary | Terugwinning van materialen uit afval(38210) |
| Legal form | Public limited company(014) |
| Incorporation | 15-04-2024 |
| Status | Active |
| Postal code | 2030 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1569/03C000 | Flanders | 7.2 ha | 1 · 2.0 ha | 37.4 m · 4 fl. |
| 46010D0416/00C000 | Flanders | 4.2 ha | 1 · 2.1 ha | 31.0 m · 4 fl. |
| 11815D0262/00D000 | Flanders | 2.8 ha | 1 · 1.5 ha | 9.1 m · 2 fl. |
| 11807G1333/00A029 | Flanders | 2.4 ha | 1 · 2.0 ha | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
24-01-2025 Ernst & Young Bedrijfsrevisoren appointed as statutory auditor
- Ernst & Young Bedrijfsrevisoren, Commissaris
Technical details
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"subject_company": {
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}| Legal nameNL | Advanced Recycling Solutions |