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DENDERMONDSE RECYCLAGE

Active
Private limited company (pre-2019)founded 2000active for 26 yearsHoogveld 5, 9200 Dendermonde, BelgiumKBO/BCE: BE 0471.455.236
Summary

DENDERMONDSE RECYCLAGE has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€74,578. Equity has been stable since 2019 (±1.7% per year). Its solvency ranks better than 60% of 256 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-03-2000 Normal situation
Activity
Materials recovery from waste NACE 38210and 3 others
Establishment unit
2.100.765.028 9200 Dendermonde, since 12-05-2000
Financial year end
31 March
Peppol
Reachable since 16-02-2026

Board and ownership

Board
  • De Ruysscher ChristopheDirector

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 31-03-2025
Gross margin
€184,254
▼ 60.7%
Turnover
≈ €470,000
estimated
Loss
€74,578
Equity
€1.4m
▼ 16.1%
Total assets
€3.3m
▼ 11.9%
  • 2026 accounts not filed, 3 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 03-12-2025)Sector: Waste collection, recovery and disposal activities (NACE 38)lowers riskSize: total assets €3.3mFounded in 2000Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 32% of small companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Weak
Solvency 69-2
equity 44.2% of total assets
Liquidity 39-15
short-term debt 53.9% · cash 12.8%
Profitability 27-25
return on assets -2.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (201 companies, NACE 38, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.2%▲ +0.1 percentage points vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%▲ +0.1 percentage points vs 10-2026highest value
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.66 (0.88 in 2024), below 1. Short-term debt is 53.9% and cash 12.8% of total assets. 55.8% 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, small). It does better than 62% of them on solvency, 34% on liquidity, 17% on profitability and 16% 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

Five signals.
lowers riskraises risk
raises risk · Figures for financial year 2025 (filed on 03-12-2025)
NBB · annual accounts
lowers risk · Size: total assets €3.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Waste collection, recovery and disposal activities (NACE 38)
KBO
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-11-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
29 days late
2024
3 days early
2023
27 days late
2022
22 days late
2021
41 days early
2020
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 3 days after 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €57,342 in 2024 -€74,578 View
  • Caution: Lower net result than 82% of companies in waste collection and treatmentsector median €34,586 · 257 companies -€74,578 View

Recent changes

  1. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as DENDERMONDSE RECYCLAGE: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €2m and €3.7m, founded between 1996 and 2002.

CompanyTotal assetsGross margin
DENDERMONDSE RECYCLAGE Dendermonde€3.3m€0.2m
3L INTERNATIONAL Mont-Saint-Guibert€3.0m€0.2m
VYMETAL Wevelgem€3.7m€0.3m
D.P.L. GROUP Lichtervelde€2.0m€0.2m
IVEB Wuustwezel€2.6m€0.4m
MANU Brussel€2.0m€0.3m
T.R.C. Gent€3.2m€0.5m
Full comparison

Key facts about DENDERMONDSE RECYCLAGE

What is the company number of DENDERMONDSE RECYCLAGE?
The company number of DENDERMONDSE RECYCLAGE is 0471.455.236. The VAT number is the same number with BE in front: BE 0471.455.236.
Where is DENDERMONDSE RECYCLAGE based?
The registered office is at Hoogveld 5, 9200 Dendermonde.Company details
What does DENDERMONDSE RECYCLAGE do?
According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
What is the legal form of DENDERMONDSE RECYCLAGE?
The legal form of DENDERMONDSE RECYCLAGE is Private limited company (pre-2019) (BVBA).
When was DENDERMONDSE RECYCLAGE founded?
DENDERMONDSE RECYCLAGE was founded on 20-03-2000.
Is DENDERMONDSE RECYCLAGE still active?
Yes, DENDERMONDSE RECYCLAGE is an active enterprise in the KBO register.
What is the turnover of DENDERMONDSE RECYCLAGE?
The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €184,254 and 1,647 comparable companies of the same size. It probably lies between €290,000 and €880,000. It is a rough estimate.Financials
Is DENDERMONDSE RECYCLAGE profitable?
In financial year 2025, DENDERMONDSE RECYCLAGE made a loss of €74,578.
Where can I find the annual accounts of DENDERMONDSE RECYCLAGE?
DENDERMONDSE RECYCLAGE filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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