DW Reusables
ActiveSummary
The annual accounts of DW Reusables for financial year 2025 show a net loss of 71% of total assets and of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €12.3m and a net result of -€39.3m. Equity has been growing by about 25% per year since 2019. Its solvency ranks better than 18% of 230 sector peers (NACE 22, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Official details
Source: KBO- Status
- Active since 28-10-1988 Normal situation
- Activity
- Manufacture of rubber and plastic products NACE 22260and 1 other
- Joint committees
- 116 Paritair Comité voor de scheikundige nijverheid
- 207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 2025
- Establishment unit
- 2.040.916.622 3740 Bilzen-Hoeselt, since 18-11-1988
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- BBNMDirector · since 04-06-2025 · permanent representative Bert Berghs
- BOSXCONDirector · since 04-06-2025 · permanent representative Gerry Bosmans
- Henry SchmidtDirector · since 04-06-2025
- Auditor
- Callens, Vandelanotte & Theunissen BV
- LB UK Holdco Limited100%annual accounts 2025
- Holdings
- Shares in 2 companies DW Reusables d.o.o. and DW Reusables Sp. z o.o.
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Turnover
- €24.7m
- ▼ 40.5%
- Loss
- €39.3m
- Equity
- €12.3m
- ▼ 76.2%
- Total assets
- €55.7m
- ▼ 40.4%
- Employees on 31-12-2025
- 96
- ▼ 14.3%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €39.3m (financial year 2025)Equity €12.3m (22.0% of total assets)Sector: Manufacture of rubber and plastic products (NACE 22)lowers riskSize: turnover €24.7m, 100.4 FTE, total assets €55.7mShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 22, medium-sized). It does better than 21% of them on solvency, 82% on liquidity, 3% on profitability and 4% on growth.
The bankruptcy probability was computed on 01-11-2026 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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Signals
The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €3.9m in 2024 -€39.3m View
- Caution: Lower net result than 95% of companies in rubber and plasticssector median €154,622 · 230 companies -€39.3m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Flemish supportawarded from 2023 to 2025 €497,886 View
Recent changes
- · Gazette deed Reappointment: Callens, Vandelanotte & Theunissen BV (statutory auditor)Permanent representative: Guy Meerbergen
- · Gazette deed Capital increase of €7,500,000 to €40,973,024.63
- · Gazette deed Appointments: BBNM, Henry Schmidt and Bosxcon BVPermanent representatives: Bert Berghs and Gerry Bosmans
Comparable companies
These companies have the same main activity as DW Reusables: manufacture of rubber and plastic products (NACE 22260). They are comparable in size and age: total assets between €19m and €77m, founded between 1964 and 1990.
| Company | Total assets | Turnover |
|---|---|---|
| DW Reusables Bilzen-Hoeselt | €55.7m | €24.7m |
| Envalior Specialty Compounds Genk | €77.4m | €34.8m |
| ANZIPLAST Izegem | €22.5m | €30.0m |
| METHODE ELECTRONICS BELGIUM Lontzen | €29.2m | €36.9m |
| SABIC BELGIUM Genk | €70.8m | €28.1m |
| VITALO INDUSTRIES Tielt | €18.7m | €27.4m |
| HUBERT DE BACKER Temse | €32.7m | €40.3m |
Key facts about DW Reusables
- What is the company number of DW Reusables?
- The company number of DW Reusables is 0435.623.337. The VAT number is the same number with BE in front: BE 0435.623.337.
- Where is DW Reusables based?
- The registered office is at Nijverheidsstraat 26, 3740 Bilzen-Hoeselt.Company details
- What does DW Reusables do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22260).
- What is the legal form of DW Reusables?
- The legal form of DW Reusables is Public limited company (NV).
- When was DW Reusables founded?
- DW Reusables was founded on 28-10-1988.
- Is DW Reusables still active?
- Yes, DW Reusables is an active enterprise in the KBO register.
- How many employees does DW Reusables have?
- DW Reusables had an average of 100.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DW Reusables fall under?
- In its 2025 annual accounts, DW Reusables states joint committees 116 (Paritair Comité voor de scheikundige nijverheid) and 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid).
- What is the turnover of DW Reusables?
- The turnover of DW Reusables was €24.7m in financial year 2025, according to the filed annual accounts.
- Is DW Reusables profitable?
- In financial year 2025, DW Reusables made a loss of €39.3m.
- Where can I find the annual accounts of DW Reusables?
- DW Reusables filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DW Reusables due?
- DW Reusables must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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