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ALVIN RECYCLING

Active
Public limited companyfounded 1968active for 58 yearsRue Vieille Haine 12, 7012 Mons, BelgiumKBO/BCE: BE 0401.797.061
Summary

ALVIN RECYCLING has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €89,687. Equity has been growing by about 4.4% per year since 2018. Its solvency ranks better than 43% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active Normal situation
Activity
Wholesale trade NACE 46872
Joint committees
142.03 Paritair Subcomité voor de terugwinning van papier
142.01 Paritair Subcomité voor de terugwinning van metalen
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2022
Establishment unit
2.003.438.097 7012 Mons, since 01-01-1960
Financial year end
31 December
Peppol
Reachable since 26-01-2026

Board and ownership

Board

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€1.1m
▲ 30.8%
Turnover
≈ €4.7m
estimated
Profit
€89,687
Equity
€1.4m
▲ 0.6%
Total assets
€3.7m
▲ 21.3%
Employees on 31-12-2025
9
▼ 10.0%
Score breakdownraises riskLiquidity: current ratio 1.41, cash €134,627Size: 8.9 FTE, total assets €3.7mlowers riskFounded in 1968Figures for financial year 2025 (filed on 08-07-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 64-9
equity 39.5% of total assets
Liquidity 36+1
short-term debt 39.9% · cash 3.7%
Profitability 52-15
return on assets 2.4%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: < 0.1%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.41 (1.4 in 2024), below the usual 1.5. Short-term debt is 39.9% and cash 3.7% of total assets. 60.5% 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 46, micro). It does better than 48% of them on solvency, 33% on liquidity, 40% on profitability and 43% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.41, cash €134,627
NBB · annual accounts
lowers risk · Founded in 1968
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 · Size: 8.9 FTE, total assets €3.7m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 08-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
19 days late
2023
13 days early
2022
20 days early
2021
27 days early
2020
12 days late
2019
14 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 9 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (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
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €44,340 in 2024 €89,687 View
  • Higher gross margin than 81% of companies in wholesale tradesector median €354,995 · 3,311 companies €1.1m View

Recent changes

  1. · Gazette deed Reappointments: Alvin Eric (director) and Alvin Alfred (director)
  2. · Gazette deed Company renamed from Etablissement Alvin A&Co to ALVIN RECYCLING
All 16 events

Comparable companies

These companies have the same main activity as ALVIN RECYCLING: wholesale trade (NACE 46872). They are comparable in size and age: total assets between €2.7m and €6.2m, founded between 1961 and 1991.

CompanyTotal assetsGross margin
ALVIN RECYCLING Mons€3.7m€1.1m
Metaalbedrijf Heindryckx Brugge€5.6m€1.4m
MAYERS METALS Schaarbeek€2.7m€1.9m
VERMETAL Schelle€6.2m€1.3m
KABEL RECYCLING COMPANY Zele€5.7m€1.8m
Fonderie Jacquet Charleroi€3.3m€1.0m
VACOMET SLOOP Roeselare€3.0m€1.3m
Full comparison

Key facts about ALVIN RECYCLING

What is the company number of ALVIN RECYCLING?
The company number of ALVIN RECYCLING is 0401.797.061. The VAT number is the same number with BE in front: BE 0401.797.061.
Where is ALVIN RECYCLING based?
The registered office is at Rue Vieille Haine 12, 7012 Mons.Company details
What does ALVIN RECYCLING do?
According to the KBO register, the main activity is wholesale trade (NACE 46872).
What is the legal form of ALVIN RECYCLING?
The legal form of ALVIN RECYCLING is Public limited company (NV).
When was ALVIN RECYCLING founded?
ALVIN RECYCLING was founded on 01-01-1968.
Is ALVIN RECYCLING still active?
Yes, ALVIN RECYCLING is an active enterprise in the KBO register.
How many employees does ALVIN RECYCLING have?
ALVIN RECYCLING had an average of 8.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ALVIN RECYCLING fall under?
In its 2022 annual accounts, ALVIN RECYCLING states joint committees 142.03 (Paritair Subcomité voor de terugwinning van papier), 142.01 (Paritair Subcomité voor de terugwinning van metalen) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of ALVIN RECYCLING?
The turnover in financial year 2025 is ≈ €4.7m. This figure is estimated from the gross margin of €1.1m and 98 comparable companies (NACE 46). It probably lies between €2.8m and €8.0m.
Is ALVIN RECYCLING profitable?
In financial year 2025, ALVIN RECYCLING made a profit of €89,687.
Where can I find the annual accounts of ALVIN RECYCLING?
ALVIN RECYCLING filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALVIN RECYCLING due?
ALVIN RECYCLING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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