KEMPISCH RECYCLAGEBEDRIJF
ActiveKEMPISCH RECYCLAGEBEDRIJF has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.15M and a net result of €958k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 237 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
90
/ 100
Excellent▼ -10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €370k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.68 in 2023), and 23.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
76.6%
Return on assets
17.7%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
48 d early
2022
38 d early
2021
80 d early
2020
85 d early
2019
77 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€4.15M=
2023 · €4.15M
2018: €2.02M
2019: €2.02M
2020: €2.60M
2021: €2.76M
2022: €3.42M
2023: €4.15M
2018 → 2024
Total assets
€5.41M▲ 4.6%
2023 · €5.17M
2018: €3.44M
2019: €3.48M
2020: €3.37M
2021: €4.17M
2022: €4.17M
2023: €5.17M
2018 → 2024
Net result
€958k▼ 35.1%
2023 · €1.48M
2018: €1.16M
2019: €1.30M
2020: €1.08M
2021: €1.16M
2022: €1.19M
2023: €1.48M
2018 → 2024
Working capital
€1.45M▼ 15.8%
2023 · €1.72M
2018: €1.54M
2019: €985k
2020: €1.65M
2021: €2.02M
2022: €1.22M
2023: €1.72M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.60M-€2.76M▲ 6.0%€3.42M▲ 23.9%€4.15M▲ 21.2%€4.15M=
Operating result€1.44M-€1.54M▲ 6.7%€1.60M▲ 3.6%€1.95M▲ 22.3%€1.25M▼ 36.1%
Net result€1.08M-€1.16M▲ 6.9%€1.19M▲ 3.3%€1.48M▲ 23.6%€958k▼ 35.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 36% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.41M
Fixed assets
€2.69M▲ 11.2%
Current assets
€2.72M▼ 1.2%
Equity and liabilities €5.41M
Equity
€4.15M=
Debt
€1.27M▲ 23.3%
The debt ratio rises from 19.9% to 23.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€1.61M▼
2023 · €2.24M
Cash flow
€1.32M▼
2023 · €1.77M
Solvency
76.6%▼
2023 · 80.1%
Current ratio
2.14▼
2023 · 2.68
Quick ratio
2.12▼
2023 · 2.66
Debt / equity
0.31▲
2023 · 0.25
ROE
23.1%▼
2023 · 35.6%
ROA
17.7%▼
2023 · 28.5%
Interest coverage
53.60▼
2023 · 82.22
Debt
€1.27M▲
2023 · €1.03M
Debt ≤ 1 year
€1.27M▲
2023 · €1.03M
Income taxes
€319k▼
2023 · €492k
Staff costs
€831k▲
2023 · €816k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.17M€5.41M▲
Fixed assets21/28€2.42M€2.69M▲
Tangible fixed assets22/27€1.45M€1.72M▲
Land and buildings22€318k€510k▲
Plant, machinery and equipment23€1.05M€978k▼
Furniture and vehicles24€75k€231k▲
Financial fixed assets28€976k€976k=
Current assets29/58€2.75M€2.72M▼
Stocks and contracts in progress3€12k€26k▲
Stocks30/36€12k€26k▲
Amounts receivable within one year40/41€986k€767k▼
Trade receivables40€985k€736k▼
Other amounts receivable41€1k€31k▲
Cash at bank and in hand54/58€1.75M€1.93M▲
Equity and liabilities
Total equity and liabilities10/49€5.17M€5.41M▲
Equity10/15€4.15M€4.15M=
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€4.08M€4.08M=
Non-distributable reserves130/1€36k€36k=
Legal reserve130€36k€36k=
Tax-exempt reserves132€46k€46k=
Distributable reserves133€4.00M€4.00M=
Amounts payable17/49€1.03M€1.27M▲
Amounts payable within one year42/48€1.03M€1.27M▲
Trade debts44€180k€216k▲
Suppliers440/4€180k€216k▲
Taxes, remuneration and social security45€248k€249k▲
Taxes450/3€235k€234k▼
Remuneration and social security454/9€13k€15k▲
Other amounts payable47/48€600k€802k▲
Income statement
Code20232024
Non-recurring operating income76A€126k€86k▼
Remuneration, social security and pensions62€816k€831k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€292k€362k▲
Other operating charges640/8€28k€36k▲
Non-recurring operating charges66A€2k€4k▲
Gross operating margin9900€3.09M€2.48M▼
Operating profit (loss)9901€1.95M€1.25M▼
Financial income75/76B€44k€59k▲
Recurring financial income75€44k€59k▲
Financial charges65/66B€27k€30k▲
Recurring financial charges65€27k€30k▲
Profit (loss) for the period before taxes9903€1.97M€1.28M▼
Income taxes67/77€492k€319k▼
Profit (loss) for the period9904€1.48M€958k▼
Profit (loss) for the period to be appropriated9905€1.48M€958k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.48M€958k▼
Transfer to equity691/2€726k-
To other reserves6921€726k-
Profit to be distributed694/7€750k€958k▲
Return on contributions (dividend)694€750k€958k▲
Social balance
Average headcount (FTE)90879.09.4▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €958k ▼35.1%
Net result drops to €958k, the lowest in the series.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.48M ▲23.6%
Operating result €1.95M, net result €1.48M, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rijkevorsel · 1 establishment unit since 1981
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nijverheidsweg 52310 RijkevorselGround area
3.7 ha
Building footprint
400 m²
Volume, LiDAR
2,696 m³
Parcel 13502F0236/00R003, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nijverheidsweg 5, 2310 Rijkevorsel
since 19812.019.299.478
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502F0236/00R003 | Flanders | 3.7 ha | 1 · 400 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 376 EUR awarded · 376 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 164 EUR | 164 EUR |
| 2024 | 1 | 71 EUR | 71 EUR |
| 2023 | 1 | 141 EUR | 141 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
ISOPROC
BE 0474.142.631
Mechelen · Eq €4.14M
Vanotex
BE 0415.182.170
Deinze · Eq €4.16M
Recuperatie- en Transportmaatschappij
BE 0419.626.948
Gent · Eq €4.28M
BRUSSELS RECYCLING METAL
BE 0479.088.344
Brussel · Eq €4.29M
MARTENS-MTD ANTWERPEN
BE 0862.353.655
Antwerpen · Eq €4.31M
Of 979 companies in sector 38210 we hold annual accounts for 586. 344 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-08-1981
Fiscal year end31-12
Legal name NL
K.R.B.
Abbreviation NL
K.R.B.
Activities, NACEBEL
37200
38210Materials recovery from waste
38323Waste collection, recovery and disposal activities
43110Demolition
45111
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.