Turnover—
EBIT margin—
Net result€201k+1057.1%
Working capital€14k
Conclusion
the dossier summarised in one paragraphThe file of GWL Recycling contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 9.8% (elevated). The 2023 annual accounts show equity of €126k and a net result of €201k. Equity is growing by ~25% per year across the filed fiscal years.
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone9.8%
Elevated
0%0,5%1,5%4%10%≥25%
Judicial reorganisation on record
+Higher-failure-rate sector
+Long track record
−
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
2 events05-03-2019
Judicial reorganisation
Plan homologation
14-09-2018
Judicial reorganisation
Opening
Financials
FY 2023
€126k
equity
Turnover—
Net result€201kHealth56/100 · Fair
See full annual accounts
People & board
5 mandates
2
active directors
IWMDirectorGWL+ BVDirector+3 in history
All directors & mandates Publicationslatest 06-02-2026
8
publications in the State GazetteArticles of association amended — translation of the articles, coordination of the articles and amendment of specific…All publications & acts Network & structure
2
connected companiesSee network & structure
Connections
2 connected companiesParent · 2 subsidiaries · 1 location
Control→
Trust signals
1 signalIn judicial reorganisation
Ongoing reorganisation procedure — the company is restructuring under court protection.
Administrative Flags
0 events
No administrative flags
Company registry (CBE)
Crossroads BankActivities
Inzameling van ongevaarlijk afval38110Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Goederenvervoer over de weg60242Verhuur van overige transportmiddelen voor vervoer te land71210Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken01410Reparatie van producten van metaal33110Reparatie en onderhoud van producten van metaal33110Vervaardiging van carrosserieën en aanhangwagens34201Overige reparaties, n.e.g.52740Goederenvervoer over de weg60242Verhuur en lease van vrachtwagens en overige motorvoertuigen (> 3,5 ton)77120Verhuur en lease van vrachtwagens77120Landschapsverzorging81300Landschapsverzorging81300Reparatie van andere consumentenartikelen95290Reparatie en onderhoud van consumentenartikelen, neg95290
Primary activity highlighted.
Names & trade names
| Legal nameNL | GWL Recycling |
Registered office
Europark 1078 bus 4
3530 Houthalen-Helchteren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.