Starting capital
€10,000 10,000 shares
Lammens Circulair
Lifetime
1 annual account with figurespeak -€4,804 (2025)
-€4,804
lowest -€6,258 (2025)
-€6,258
peak €3,742 (2025)
€3,742
€2,556
Board1 name since 2024
1 directorSOLID
Documentsfilings and deeds
07-08-20267 days late
2025micro format
Loss of €6,258First year with figures
Key points
from the 2025 annual accountsAt the same address
5 companies
2025 accounts filed 7 days after the deadlineTurnover not published (micro format)
Checked score
56
Fair
Financially stronger than 53% of micro companies in waste collection and treatment (NACE 38)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 520 companies (NACE 38, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 1.8%
05-2025: 1.8%● unchanged vs 04-2025
06-2025: 1.9%▲ +0.1 percentage points vs 05-2025
07-2025: 2.2%▲ +0.3 percentage points vs 06-2025
08-2025: 2.3%▲ +0.1 percentage points vs 07-2025
09-2025: 2.6%▲ +0.3 percentage points vs 08-2025
10-2025: 2.6%● unchanged vs 09-2025
11-2025: 2.9%▲ +0.3 percentage points vs 10-2025
12-2025: 2.9%● unchanged vs 11-2025
01-2026: 2.8%▼ -0.1 percentage points vs 12-2025
02-2026: 3.0%▲ +0.2 percentage points vs 01-2026
03-2026: 3.2%▲ +0.2 percentage points vs 02-2026
04-2026: 3.2%● unchanged vs 03-2026highest value
05-2026: 3.2%● unchanged vs 04-2026highest value
06-2026: 3.2%● unchanged vs 05-2026highest value
07-2026: 3.2%● unchanged vs 06-2026highest value
08-2026: 3.2%● unchanged vs 07-2026highest value
09-2026: 0.7%▼ -2.5 percentage points vs 08-2026
10-2026: 0.6%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 0.6%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Founded in 2024
Loss of €6,258 (financial year 2025)
lowers risk
Liquidity: current ratio 2.46, cash €5,726
Equity €3,742 (59.4% of total assets)
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, micro). It does better than 69% of them on solvency, 84% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,223 companies had the same profile as Lammens Circulair has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Lammens Circulair itself is lower: 0.6% within 12 months. It rests on far more data about Lammens Circulair than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for Lammens Circulair. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 2.46, above the usual 1.5. Short-term debt is 40.6% and cash 90.9% of total assets. 40.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
7 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Incorporation
Founding capital of €10,000, 10,000 shares · Founder: SOLID · Appointment: SOLID (director) · published on 28-03-2024 · Gazette deed
First establishment
Bohemen 101A, Wichelen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Lammens Circulair Wichelen | €6,297 | -€4,804 | 59.4% | - |
| XB SOLUTIONS Sint-Niklaas | €6,221 | -€1,073 | 50.8% | - |
| TYRES COLLECT La Louvière | €15,484 | -€11,234 | -170.7% | - |
| REPOMED Diepenbeek | €7,677 | -€6,248 | 80.4% | - |
| E&K Metaal Recycling Pelt | €1,676 | -€55,650 | -3943.4% | - |
| RM Services Charleroi | €14,015 | -€10,540 | 72.9% | - |
| TerraMet Gistel | €23,306 | -€139,158 | -573.4% | - |
These companies have the same main activity as Lammens Circulair: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €1,680 and €23,300, founded between 2021 and 2025.
Official details
Source: KBO- Status
- Active since 26-03-2024Normal situation
- Activity
- Materials recovery from wasteNACE 38210and 2 others
- Establishment unit
- 2.358.410.6869260 Wichelen, since 26-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on Lammens Circulair
The annual accounts of Lammens Circulair for financial year 2025 show a net loss of 99% of total assets. The 2025 annual accounts show equity of €3,742 and a net result of -€6,258.
Its solvency ranks better than 72% of 206 sector peers (NACE 38, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
The computed 12-month bankruptcy probability is 0.6% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Lammens Circulair
- What is the company number of Lammens Circulair?
- The company number of Lammens Circulair is 1007.571.365. The VAT number is the same number with BE in front: BE 1007.571.365.
- Where is Lammens Circulair based?
- The registered office is at Bohemen 101A, 9260 Wichelen.Company details
- What does Lammens Circulair do?
- According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
- What is the legal form of Lammens Circulair?
- Lammens Circulair is a private limited company (BV).
- When was Lammens Circulair founded?
- Lammens Circulair was founded on 26-03-2024.
- Is Lammens Circulair still active?
- Yes, Lammens Circulair is an active enterprise in the KBO register.
- What is the turnover of Lammens Circulair?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Lammens Circulair profitable?
- In financial year 2025, Lammens Circulair made a loss of €6,258.
- Where can I find the annual accounts of Lammens Circulair?
- Lammens Circulair filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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