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DELORGE RECYCLING

Active
Public limited companyfounded 2014active for 11 yearsHondschotestraat 96, 8560 Wevelgem, BelgiumKBO/BCE: BE 0567.709.425
Summary

DELORGE RECYCLING has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €640,095. Equity has been shrinking by about 8.6% per year since 2019. Its solvency ranks better than 40% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-11-2014 Normal situation
Activity
Wholesale trade NACE 46872and 1 other
Joint committees
142 Paritair Comité voor de ondernemingen waar teruggewonnen grondstoffen opnieuw ter waarde worden gebracht
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-06-2025
Establishment unit
2.236.435.166 8560 Wevelgem, since 17-11-2014
Financial year end
30 June
Peppol
Reachable since 21-10-2026

Board and ownership

Board
Shareholders

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-06-2025
Gross margin
€1.1m
▲ 22.2%
Turnover
≈ €4.5m
estimated
Profit
€640,095
▲ 747%
Equity
€1.3m
▲ 87.6%
Total assets
€3.9m
▲ 25.1%
Employees on 30-06-2025
17
▲ 6.3%
Score breakdownlowers riskFounded in 2014Figures for financial year 2025 (filed on 23-01-2026)Profit of €640,095 (financial year 2025)Legal form: public limited companyShow the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 58+11
equity 33.5% of total assets
Liquidity 35+8
short-term debt 52.1% · cash 9.2%
Profitability 89+28
return on assets 16.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: 0.4% 01-2025: 0.5%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%▲ +0.2 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.7%▲ +0.1 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.8%▲ +0.1 percentage points vs 11-2025 01-2026: 1.0%▲ +0.2 percentage points vs 12-2025highest value 02-2026: 0.2%▼ -0.8 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.21 (1.32 in 2024), below the usual 1.5. Short-term debt is 52.1% and cash 9.2% of total assets. 66.5% 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, small). It does better than 39% of them on solvency, 37% on liquidity, 92% on profitability and 96% 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.
lowers riskneutral
lowers risk · Founded in 2014
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 23-01-2026)
NBB · annual accounts
lowers risk · Profit of €640,095 (financial year 2025)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €1.3m
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-01-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
14 days early
2023
on the day
2022
1 day late
2021
1 day late
2020
38 days late
2019
on the day
← 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 3 days after 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 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
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €75,547 to €640,095 ▲ 747% View
  • Caution: Board changedlatest change 23-06-2026 · 1 in office 1 joined · 3 left View
  • Positive: Higher net result than 95% of companies in wholesale tradesector median €26,853 · 9,827 companies €640,095 View

Recent changes

  1. · Gazette deed 3 directors appointed, 3 directors resigningResignations: Willy PINSON, Fabien PINSON and Pierre PINSON · Appointments: Willy PINSON, Pierre PINSON and DELORGE HOLDING · Permanent representative: Fabien PINSON
  2. · Gazette deed Reappointments: PINSON Fabien, PINSON Pierre and PINSON Willy
  3. · Gazette deed Resignation: Marie Hélène Delorge (director)Appointment: Willy PINSON (director)
All 18 events

Comparable companies

These companies have the same main activity as DELORGE RECYCLING: wholesale trade (NACE 46872). They are comparable in size and age: total assets between €1.5m and €4.6m, founded between 2005 and 2021.

CompanyTotal assetsGross margin
DELORGE RECYCLING Wevelgem€3.9m€1.1m
NILI METAL Sambreville€2.9m€1.0m
VAN DEN BROECK STAAL Herentals€1.9m€0.6m
Petereyns Oude Metalen Oudenaarde€2.9m€1.1m
VEHICLE & METAL RECYCLING Châtelet€2.8m€0.5m
MARES GEBROEDERS Diksmuide€1.5m€0.7m
METAALHANDEL WYNANTS EN ZONEN Sint-Katelijne-Waver€4.6m€1.7m
Full comparison

Key facts about DELORGE RECYCLING

What is the company number of DELORGE RECYCLING?
The company number of DELORGE RECYCLING is 0567.709.425. The VAT number is the same number with BE in front: BE 0567.709.425.
Where is DELORGE RECYCLING based?
The registered office is at Hondschotestraat 96, 8560 Wevelgem.Company details
What does DELORGE RECYCLING do?
According to the KBO register, the main activity is wholesale trade (NACE 46872).
What is the legal form of DELORGE RECYCLING?
The legal form of DELORGE RECYCLING is Public limited company (NV).
When was DELORGE RECYCLING founded?
DELORGE RECYCLING was founded on 10-11-2014.
Is DELORGE RECYCLING still active?
Yes, DELORGE RECYCLING is an active enterprise in the KBO register.
How many employees does DELORGE RECYCLING have?
DELORGE RECYCLING had an average of 15 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DELORGE RECYCLING fall under?
In its 30-06-2025 annual accounts, DELORGE RECYCLING states joint committees 142 (Paritair Comité voor de ondernemingen waar teruggewonnen grondstoffen opnieuw ter waarde worden gebracht) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of DELORGE RECYCLING?
The turnover in financial year 2025 is ≈ €4.5m. This figure is estimated from the gross margin of €1.1m and 98 comparable companies (NACE 46). It probably lies between €2.7m and €7.6m.
Is DELORGE RECYCLING profitable?
In financial year 2025, DELORGE RECYCLING made a profit of €640,095.
Where can I find the annual accounts of DELORGE RECYCLING?
DELORGE RECYCLING filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DELORGE RECYCLING due?
DELORGE RECYCLING must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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