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COMETSAMBRE

Active
Public limited companyfounded 1988active for 37 yearsRivage de Boubier 25, 6200 Châtelet, BelgiumKBO/BCE: BE 0436.206.426
Summary

COMETSAMBRE has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23.6m and a net result of -€12.4m. Equity has been growing by about 2.5% per year since 2018. Its solvency ranks better than 33% of 280 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

Source: KBO
Status
Active since 19-12-1988 Normal situation
Registered office
15 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Materials recovery from waste NACE 38210
Joint committees
142.01 Paritair Subcomité voor de terugwinning van metalen
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.042.371.622 6200 Châtelet, since 03-03-1989
2.219.860.440 7034 Mons, since 01-03-2009and 2 others
Financial year end
31 December
Peppol
Reachable since 23-11-2025

Board and ownership

Board
Shareholders
Holdings
Shares in 6 companies including COMET FLUVIAL and COMET FRANCE

Financial position

63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Turnover
€247.5m
▲ 3.0%
Loss
€12.4m
▲ 20×
Equity
€23.6m
▼ 34.5%
Total assets
€91.0m
▼ 28.3%
Employees on 31-12-2025
78
▼ 6.0%
  • 2025 accounts filed 41 days after the deadline
Score breakdownraises riskLoss of €12.4m, the second in a row (financial year 2025)Liquidity: current ratio 1.23, cash €1.6m, halvedSector: Waste collection, recovery and disposal activities (NACE 38)Last filed accounts filed 41 days late; 1 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 26% of medium-sized companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Weak
Solvency 51-2
equity 26.0% of total assets
Liquidity 19-4
short-term debt 63.2% · cash 1.8%
Profitability 6-26
return on assets -13.6%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (47 companies, NACE 38, medium-sized)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025lowest value 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: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.2%▼ -0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 1.4%▲ +0.6 percentage points vs 09-2026highest value 11-2026: 1.4%● unchanged vs 10-2026highest value
Credit of up to €1,450,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.23 (1.32 in 2024), below the usual 1.5. Short-term debt is 63.2% and cash 1.8% of total assets. 74% 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, medium-sized). It does better than 38% of them on solvency, 19% on liquidity, 13% on profitability and 32% 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

Six signals.
raises riskneutral
raises risk · Loss of €12.4m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.23, cash €1.6m, halved
NBB · annual accounts
raises risk · Sector: Waste collection, recovery and disposal activities (NACE 38)
KBO
raises risk · Last filed accounts filed 41 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€12.4m
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
41 days late
2024
21 days early
2023
15 days early
2022
27 days early
2021
53 days early
2020
54 days early
2019
38 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 24 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (4 of the last 5 accounts filed within 32 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

  • Caution: Result fell in 2025from -€635,748 to -€12.4m ▼ 1,851% View
  • Caution: Lower net result than 95% of companies in waste collection and treatmentsector median €138,965 · 278 companies -€12.4m View
  • Caution: Board changedlatest change 30-07-2026 · 3 in office 2 joined · 6 left View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€12.4m View

Recent changes

  1. · Gazette deed 10 directors appointed, 7 directors resigningChanges of role: BAREEL Pierre-François, GROSJEAN Aurore and 4 others · Resignation: BLAVIER Joël (director) · Appointments: Charlotte Grosjean (class A director) and Sabine Colson (observateur)
  2. · Gazette deed Resignation: Bernard BEYNE (director)Permanent representatives: Philippe Grosjean, François Fontaine and Olivier Bouchat
  3. · Gazette deed Reappointment: BMS & C° srl (statutory auditor)
All 38 events

Companies linked to COMETSAMBRE

Subsidiaries and holdings

Comparable companies

These companies have the same main activity as COMETSAMBRE: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €43m and €131m, founded between 1963 and 2001.

CompanyTotal assetsTurnover
COMETSAMBRE Châtelet€91.0m€247.5m
BELGIAN SCRAP TERMINAL Beveren-Kruibeke-Zwijndrecht€95.4m€321.9m
CAMPINE RECYCLING Beerse€64.6m€139.8m
QUATRA Lokeren€131.0m€296.7m
DERICHEBOURG Belgium Charleroi€43.0m€127.5m
Rezinal Heusden-Zolder€51.5m€80.7m
ECORE BELGIUM Aubange€51.7m€90.9m
Full comparison

Key facts about COMETSAMBRE

What is the company number of COMETSAMBRE?
The company number of COMETSAMBRE is 0436.206.426. The VAT number is the same number with BE in front: BE 0436.206.426.
Where is COMETSAMBRE based?
The registered office is at Rivage de Boubier 25, 6200 Châtelet.Company details
What does COMETSAMBRE do?
According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
What is the legal form of COMETSAMBRE?
The legal form of COMETSAMBRE is Public limited company (NV).
When was COMETSAMBRE founded?
COMETSAMBRE was founded on 19-12-1988.
Is COMETSAMBRE still active?
Yes, COMETSAMBRE is an active enterprise in the KBO register.
How many employees does COMETSAMBRE have?
COMETSAMBRE had an average of 79.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does COMETSAMBRE fall under?
In its 2025 annual accounts, COMETSAMBRE states joint committees 142.01 (Paritair Subcomité voor de terugwinning van metalen) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of COMETSAMBRE?
The turnover of COMETSAMBRE was €247.5m in financial year 2025, according to the filed annual accounts.
Is COMETSAMBRE profitable?
In financial year 2025, COMETSAMBRE made a loss of €12.4m.
Where can I find the annual accounts of COMETSAMBRE?
COMETSAMBRE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COMETSAMBRE due?
COMETSAMBRE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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