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GERDAY RECYCLAGE & SERVICE

Active
Private limited companyfounded 2008active for 17 yearsRue de la Marbrerie, Hour 14, 5563 Houyet, BelgiumKBO/BCE: BE 0807.653.969
Summary

GERDAY RECYCLAGE & SERVICE has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €995,812 and a net result of -€104,743. Equity has been stable since 2018 (±1.6% per year). Its solvency ranks better than 29% of 256 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 07-11-2008 Normal situation
Activity
Materials recovery from waste NACE 38210and 3 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
124 Paritair Comité voor het bouwbedrijf · annual accounts 2024
Establishment unit
2.174.587.570 5563 Houyet, since 19-11-2008
Financial year end
31 December
Peppol
Reachable since 26-09-2025

Board and ownership

Board

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
€1.8m
▼ 6.1%
Turnover
≈ €3.1m
estimated
Loss
€104,743
▲ 34.3%
Equity
€995,812
▼ 13.5%
Total assets
€5.2m
▼ 21.1%
Employees on 31-12-2025
10
▼ 16.7%
Score breakdownraises riskLiquidity: current ratio 1.06, cash €12,103Size: 10.2 FTE, total assets €5.2mEquity €995,812 (19.0% of total assets)lowers riskFounded in 2008Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 20% of small companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Weak
Solvency 44+2
equity 19.0% of total assets
Liquidity 22-4
short-term debt 55.7% · cash 0.2%
Profitability 54-11
return on assets -2.0%
Bankruptcy probability within 12 months
1.0% 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% (201 companies, NACE 38, small)
Last 24 months 12-2024: 2.4% 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.5%▲ +0.1 percentage points vs 01-2025 03-2025: 2.4%▼ -0.1 percentage points vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.3%▼ -0.1 percentage points vs 04-2025 06-2025: 2.4%▲ +0.1 percentage points vs 05-2025 07-2025: 2.8%▲ +0.4 percentage points vs 06-2025 08-2025: 3.4%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 1.8%▼ -1.6 percentage points vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.7%▼ -0.1 percentage points vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.8%▲ +0.1 percentage points vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▼ -0.9 percentage points vs 07-2026lowest value 09-2026: 1.0%● unchanged vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026lowest value 11-2026: 1.0%● unchanged vs 10-2026lowest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (1.07 in 2024), below the usual 1.5. Short-term debt is 55.7% and cash 0.2% of total assets. 81% 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 22% of them on solvency, 11% on liquidity, 28% on profitability and 19% 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 riskraises riskneutral
raises risk · Liquidity: current ratio 1.06, cash €12,103
NBB · annual accounts
lowers risk · Founded in 2008
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 · Size: 10.2 FTE, total assets €5.2m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €995,812 (19.0% of total assets)
NBB · annual accounts
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 -€104,743
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
22 days late
2023
28 days late
2022
31 days late
2021
61 days late
2020
1 day early
2019
1 day 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 17 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 (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 29 August (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

  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€104,743 View
  • Caution: Lower net result than 85% of companies in waste collection and treatmentsector median €34,586 · 257 companies -€104,743 View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsResignation: GERDAY Stéphane (statutory manager) · Reappointment: GERDAY Stéphane (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as GERDAY RECYCLAGE & SERVICE: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €3.7m and €9.6m, founded between 2001 and 2013.

CompanyTotal assetsGross margin
GERDAY RECYCLAGE & SERVICE Houyet€5.2m€1.8m
RECUFOOD Lummen€4.1m€1.5m
AMACRO RECYCLING Braine-le-Château€4.9m€1.7m
RECYROM Amay€5.5m€1.9m
NEW WEST GYPSUM RECYCLING BENELUX Beveren-Kruibeke-Zwijndrecht€3.7m€1.5m
COMET TYRE RECYCLING Châtelet€5.4m€2.1m
RECUPAL-WEST Zwevegem€9.6m€2.6m
Full comparison

Key facts about GERDAY RECYCLAGE & SERVICE

What is the company number of GERDAY RECYCLAGE & SERVICE?
The company number of GERDAY RECYCLAGE & SERVICE is 0807.653.969. The VAT number is the same number with BE in front: BE 0807.653.969.
Where is GERDAY RECYCLAGE & SERVICE based?
The registered office is at Rue de la Marbrerie, Hour 14, 5563 Houyet.Company details
What does GERDAY RECYCLAGE & SERVICE do?
According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
What is the legal form of GERDAY RECYCLAGE & SERVICE?
The legal form of GERDAY RECYCLAGE & SERVICE is Private limited company (BV).
When was GERDAY RECYCLAGE & SERVICE founded?
GERDAY RECYCLAGE & SERVICE was founded on 07-11-2008.
Is GERDAY RECYCLAGE & SERVICE still active?
Yes, GERDAY RECYCLAGE & SERVICE is an active enterprise in the KBO register.
How many employees does GERDAY RECYCLAGE & SERVICE have?
GERDAY RECYCLAGE & SERVICE had an average of 10.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GERDAY RECYCLAGE & SERVICE fall under?
In its 2024 annual accounts, GERDAY RECYCLAGE & SERVICE states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of GERDAY RECYCLAGE & SERVICE?
The turnover in financial year 2025 is ≈ €3.1m. This figure is estimated from the gross margin of €1.8m and 1,584 comparable companies of the same size. It probably lies between €2.1m and €5.1m. It is a rough estimate.
Is GERDAY RECYCLAGE & SERVICE profitable?
In financial year 2025, GERDAY RECYCLAGE & SERVICE made a loss of €104,743.
Where can I find the annual accounts of GERDAY RECYCLAGE & SERVICE?
GERDAY RECYCLAGE & SERVICE filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GERDAY RECYCLAGE & SERVICE due?
GERDAY RECYCLAGE & SERVICE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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