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HIGH 5 RECYCLING GROUP

Active
Public limited companyfounded 2001active for 24 yearsHaminastraat 25, 2030 Antwerpen, BelgiumKBO/BCE: BE 0476.067.189
Summary

HIGH 5 RECYCLING GROUP has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.0m and a net result of €121,244. Equity has been growing by about 61% per year since 2018. Its solvency ranks better than 90% of 280 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-11-2001 Normal situation
Activity
Materials recovery from waste NACE 38210and 1 other
Joint committees
142.04 Paritair Subcomité voor de terugwinning van allerlei producten
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.095.440.817 2030 Antwerpen, since 12-12-2001
Financial year end
31 December
Peppol
Reachable since 14-10-2025

Board and ownership

Auditor
Emst & Young Bedrijfsrevisoren
Shareholders
and 1 other shareholder

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€19.3m
▼ 17.5%
Profit
€121,244
▼ 97.1%
Equity
€16.0m
▲ 0.8%
Total assets
€20.0m
▲ 4.5%
Employees on 31-12-2025
22
▼ 8.3%
Score breakdownraises riskLiquidity: current ratio 4.08, cash €1,360lowers riskFounded in 2001Equity €16.0m (80.2% of total assets)Legal form: public limited companyShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of small companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 80.2% of total assets
Liquidity 44-2
short-term debt 19.6% · cash 0.0%
Profitability 59-37
return on assets 0.6%
Bankruptcy probability within 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 0.3% (200 companies, NACE 38, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 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%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 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: 0.2%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value
Credit of up to €1,400,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.08 (5.06 in 2024), above the usual 1.5. Short-term debt is 19.6% and cash 0% of total assets. 19.8% 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 93% of them on solvency, 45% on liquidity, 34% on profitability and 25% on growth.

The bankruptcy probability was computed on 04-11-2026 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 riskneutral
raises risk · Liquidity: current ratio 4.08, cash €1,360
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €16.0m (80.2% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 days early
2024
71 days early
2023
76 days early
2022
82 days early
2021
80 days early
2020
74 days early
2019
52 days 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 73 days before 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 17 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 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

  • Caution: Result fell in 2025from €4.2m to €121,244 ▼ 97.1% View
  • Positive: 3rd largest company by equity in Antwerp, Water and waste sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €121,244 8 years View
  • Board changedlatest change 28-04-2026 · 5 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Resignation: Ernst & Young Bedrijfsrevisoren (statutory auditor)Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
  2. · Gazette deed Resignation: Laurent Picron (director)Appointment: Tom Cornelissen (gecoöpteerde bestuurder)
  3. · Gazette deed Resignation: Stefan Slabbynck (director)Appointment: Philippe Tychon (director)
All 47 events

Comparable companies

These companies have the same main activity as HIGH 5 RECYCLING GROUP: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €7.6m and €23m, founded between 1993 and 2002.

CompanyTotal assetsTurnover
HIGH 5 RECYCLING GROUP Antwerpen€20.0m€19.3m
CRAENHALS METAL TERMINAL Antwerpen€19.7m€31.2m
MATCO PLASTICS Wielsbeke€13.6m€20.6m
ORBIX Productions Genk€22.8m€15.9m
BRUSSELS RECYCLING METAL Brussel€11.8m€19.4m
MARTENS DEMOLITION COMPANY Genk€10.2m€15.5m
ISOPROC Mechelen€7.6m€13.5m
Full comparison

Key facts about HIGH 5 RECYCLING GROUP

What is the company number of HIGH 5 RECYCLING GROUP?
The company number of HIGH 5 RECYCLING GROUP is 0476.067.189. The VAT number is the same number with BE in front: BE 0476.067.189.
Where is HIGH 5 RECYCLING GROUP based?
The registered office is at Haminastraat 25, 2030 Antwerpen.Company details
What does HIGH 5 RECYCLING GROUP do?
According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
What is the legal form of HIGH 5 RECYCLING GROUP?
The legal form of HIGH 5 RECYCLING GROUP is Public limited company (NV).
When was HIGH 5 RECYCLING GROUP founded?
HIGH 5 RECYCLING GROUP was founded on 13-11-2001.
Is HIGH 5 RECYCLING GROUP still active?
Yes, HIGH 5 RECYCLING GROUP is an active enterprise in the KBO register.
How many employees does HIGH 5 RECYCLING GROUP have?
HIGH 5 RECYCLING GROUP had an average of 25.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does HIGH 5 RECYCLING GROUP fall under?
In its 2025 annual accounts, HIGH 5 RECYCLING GROUP states joint committees 142.04 (Paritair Subcomité voor de terugwinning van allerlei producten) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of HIGH 5 RECYCLING GROUP?
The turnover of HIGH 5 RECYCLING GROUP was €19.3m in financial year 2025, according to the filed annual accounts.
Is HIGH 5 RECYCLING GROUP profitable?
In financial year 2025, HIGH 5 RECYCLING GROUP made a profit of €121,244.
Where can I find the annual accounts of HIGH 5 RECYCLING GROUP?
HIGH 5 RECYCLING GROUP filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HIGH 5 RECYCLING GROUP due?
HIGH 5 RECYCLING GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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