DELORGE RECYCLING

Active

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

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

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 is shrinking by about 8.6% per year across the filed financial years. Its solvency ranks better than 40% of 9,811 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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DELORGE RECYCLINGActiveChecked score 91/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 10-11-2014 Normal situation
Legal form: Public limited company
Registered office: Hondschotestraat 96, 8560 Wevelgem
Activity: Wholesale trade NACE 46872and 1 other
Establishment unit: 2.236.435.166 8560 Wevelgem, since 17-11-2014
Financial year end: 30 June
Peppol: Reachable since 21-10-2026

Company details

Who decides

Board

DELORGE HOLDINGDirector · permanent representative Fabien PINSON

Shareholders

DELORGE HOLDING80%annual accounts 30-06-2025

Board & ownership

How it is doing

91 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Annual accounts to 30-06-2025

Gross margin: €1.1m; ▲ 22.2%
Turnover: ≈ €4.6m; estimated
Profit: €640,095; ▲ 747%
Equity: €1.3m; ▲ 87.6%
Total assets: €3.9m; ▲ 25.1%
Staff: 15 FTE; ▲ 2.0%

2025 accounts 8 days early

Filed on 23-01-2026PDF

Financials

Why 91lowers riskFounded in 2014Figures for financial year 2025 (filed 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 better than 66% of its sector peers (NACE 46, small)

Every signal that counts is listed under Signals.

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, 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% (4,376 companies, NACE 46, small)

Last 24 months 11-2024: 0.3% 12-2024: 0.4%▲ +0.1 percentage points vs 11-2024 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

Credit of up to €110,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.21, compared with 1.32 in 2024, below the usual 1.5; short-term debt: 52.1% and cash: 9.2% of total assets), and 66.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 39% on solvency, 37% on liquidity, 92% on profitability and 96% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskneutral

Founded in 2014

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 23-01-2026)

NBB · annual accounts

Profit of €640,095 (financial year 2025)

NBB · annual accounts

Legal form: public limited company

KBO

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

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

This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

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 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end01-11-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

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: Among the best 5% on net resultsector median €26,870 · 9,790 companies €640,095 View

Documents

Key facts about DELORGE RECYCLING

What is the company number of DELORGE RECYCLING?: 0567.709.425. In Belgium the VAT number is the company 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?: Public limited company (NV).
When was DELORGE RECYCLING 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?: On average 15 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DELORGE RECYCLING?: ≈ €4.6m in financial year 2025. Estimated from the gross margin of €1.1m: probably between €2.7m and €7.6m, based on 100 comparable companies, NACE 46.
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.Annual accounts 2025 (PDF)
When are the next annual accounts of DELORGE RECYCLING due?: By 31-01-2027, for financial year 2026.Timeline

Companies related to DELORGE RECYCLING

Parent and group

DELORGE HOLDING80%

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Overview