Debts
€102,757 70% of the balance sheet
ARECO
Lifetime
1 annual account with figurespeak -€1,242 (2025)
-€1,242
lowest -€18,651 (2025)
-€18,651
peak €43,849 (2025)
€43,849
€102,757
Board2 names since 2025
2 directors and 1 other
Documentsfilings and deeds
16-10-202677 days late
2025micro format
Loss of €18,651Incorporation 27-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€62,000 100 shares
Position in the sector
-€18,651
Lower net result than 81% of companies in waste collection and treatment. Sector median €4,345 · 232 companies.
2025 accounts filed 77 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 177 companies had the same profile as ARECO has now. Each dot is one company, two years later.
91.5%
were still trading
5.1%
stopped another way
3.4%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 177 companies, not a prediction for ARECO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Chair,
Daily manager,
- 75 sharesdeed of 27-01-2025
- 25 sharesdeed of 27-01-2025
Recent changes
Incorporation
Founding capital of €62,000, 100 shares · Founders: and · Appointments: (chair) and (day-to-day manager) · published on 27-01-2025 · Gazette deed
First establishment
Nieuwelandenweg 32, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARECO Antwerp | - | - | 29.9% | - |
| WINSTAR Antwerp | €926,062 | -1.0% | -7.6% | - |
| A&M Belgium Kalmthout | - | - | 42.0% | - |
| METYCLE SmartSorting Belgium Maasmechelen | - | - | 1.8% | - |
| ST.RENOV Tienen | - | - | 2.1% | - |
| SARGE R&D Antwerp | €56,126 | - | -343.8% | 3 |
| 2Valorise Products Amblève | - | - | 100.0% | - |
These companies have the same main activity as ARECO: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €64,800 and €492,000, founded between 2022 and 2025.
Official details
Source: KBO- Status
- Active since 23-01-2025Normal situation
- Activity
- Materials recovery from wasteNACE 38210
- Establishment unit
- 2.383.057.9902030 Antwerp, since 23-01-2025
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on ARECO
The 2025 annual accounts show equity of €43,849 and a net result of -€18,651. Its solvency ranks better than 46% of 233 sector peers (NACE 38, financial year 2025).
The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ARECO
- What is the company number of ARECO?
- The company number of ARECO is 1019.102.487. The VAT number is the same number with BE in front: BE 1019.102.487.
- Where is ARECO based?
- The registered office is at Nieuwelandenweg 32, 2030 Antwerp.Company details
- What does ARECO do?
- According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
- What is the legal form of ARECO?
- ARECO is a public limited company (NV).
- When was ARECO founded?
- ARECO was founded on 23-01-2025.
- Is ARECO still active?
- Yes, ARECO is an active enterprise in the KBO register.
- What is the turnover of ARECO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is ARECO profitable?
- In financial year 2025, ARECO made a loss of €18,651.
- Where can I find the annual accounts of ARECO?
- ARECO filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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