BH RECYCLE
Open bankruptcyA bankruptcy procedure is open for BH RECYCLE according to publications in the Belgian State Gazette; curator: MARINA FABBRICOTTI. The 2023 annual accounts show equity of €5k and a net result of €-43k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2023, micro schema
Equity
€5k▼ 89.3%
2022 · €48k
2022: €48k
2022 → 2023
Total assets
€579k▲ 228%
2022 · €176k
2022: €176k
2022 → 2023
Net result
€-43k
2022 · €45k
2022: €45k
2022 → 2023
Working capital
€-23k
2022 · €48k
2022: €48k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€48k-€5k▼ 89.3%
Operating result€68k-€-37k
Net result€45k-€-43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €37k after €68k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €579k
Fixed assets
€80k▲ 21,882%
Current assets
€499k▲ 184%
Equity and liabilities €579k
Equity
€5k▼ 89.3%
Debt
€574k▲ 346%
The debt ratio rises from 72.9% to 99.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-27k
Cash flow
€-33k
Solvency
0.9%▼
2022 · 27.1%
Current ratio
0.96▼
2022 · 1.38
Quick ratio
0.96▼
2022 · 1.38
ROE
-830.7%▼
2022 · 93.7%
ROA
-7.4%▼
2022 · 25.4%
Interest coverage
-4.76
Debt
€574k▲
2022 · €129k
Debt ≤ 1 year
€522k▲
2022 · €128k
Debt > 1 year
€51k▲
2022 · €755
Income taxes
€266▼
2022 · €20k
Staff costs
€134k=
2022 · €134k
A ratio outside any meaningful range has been withheld (balance sheet total €579k, equity €5k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€176k€579k▲
Fixed assets21/28€363€80k▲
Tangible fixed assets22/27-€79k
Plant, machinery and equipment23-€28k
Furniture and vehicles24-€19k
Leasing and similar rights25-€33k
Financial fixed assets28€363€363=
Current assets29/58€176k€499k▲
Amounts receivable within one year40/41€8k€302k▲
Trade receivables40€0€268k▲
Other amounts receivable41€8k€34k▲
Cash at bank and in hand54/58€168k€196k▲
Deferred charges and accrued income490/1-€838
Equity and liabilities
Total equity and liabilities10/49€176k€579k▲
Equity10/15€48k€5k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€45k€2k▼
Amounts payable17/49€129k€574k▲
Amounts payable after more than one year17€755€51k▲
Financial debts170/4€755€51k▲
Amounts payable within one year42/48€128k€522k▲
Current portion of amounts payable after more than one year42€9k€24k▲
Trade debts44€46k€483k▲
Suppliers440/4€46k€483k▲
Taxes, remuneration and social security45€30k€15k▼
Taxes450/3€20k€266▼
Remuneration and social security454/9€10k€15k▲
Other amounts payable47/48€43k€0▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20222023
Goods, raw materials, services and sundry goods60/61€1.48M€1.41M▼
Remuneration, social security and pensions62€134k€134k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€10k
Other operating charges640/8€10k€13k▲
Gross operating margin9900€213k€120k▼
Operating profit (loss)9901€68k€-37k▼
Financial income75/76B€57€0▼
Recurring financial income75€57€0▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€65k€-42k▼
Income taxes67/77€20k€266▼
Profit (loss) for the period9904€45k€-43k▼
Profit (loss) for the period to be appropriated9905€45k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€2k▼
Profit (loss) brought forward from the previous period14P-€45k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
22-06
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · BH RECYCLE SRL RUE DES CHANTE- RELLES 370, 4100 SERAING · event 08-06-2026
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 279 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
SignalNBB filing
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Seraing · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Chanterelles 3704100 SeraingGround area
1,475 m²
Building footprint
50 m²
Volume, LiDAR
434 m³
Parcel 62355B0565/00C002, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BH RECYCLE
since 20212.320.298.396
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62355B0565/00C002 | Wallonia | 1,475 m² | 1 · 50 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARINA FABBRICOTTI RUE DES SŒURS GRISES 13,
4500 HUY |
08-06-2026 → present |
Similar companies · same sector, comparable size
GDB CONSTRUCT
BE 0778.685.019
Willebroek · Eq €5k
LAKKERIJ STANDAERT
BE 0760.514.741
Sint-Laureins · Eq €6k
Lakkerij Verdonck
BE 0538.957.437
Lokeren · Eq €4k
Concept X
BE 0679.548.049
Arendonk · Eq €7k
La ferronnerie de pierre et jardin
BE 0480.341.525
Jodoigne · Eq €3k
Of 710 companies in sector 25510 we hold annual accounts for 409. 81 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2021
Fiscal year end31-12
Activities, NACEBEL
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
38210Materials recovery from waste
38322Waste collection, recovery and disposal activities
38310Waste collection, recovery and disposal activities
38321Waste collection, recovery and disposal activities
39000Remediation activities and other waste management service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.