Lammens Circulair
ActiveSummary
The computed 12-month bankruptcy probability of Lammens Circulair is 2.2% (moderate). The annual accounts of Lammens Circulair for fiscal year 2025 show a net loss of 99% of total assets. The 2025 annual accounts show equity of €4k and a net result of €-6k. Its solvency ranks better than 70% of 175 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability0
Solvency84
Growth-
Track record67
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; 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 ample (current ratio 2.46; short-term debt: 40.6% and cash: 90.9% of total assets), and 40.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.4%
Return on assets
-99.4%
Age of the figures
9 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
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
7 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€4k
Total assets
€6k
Net result
€-6k
Working capital
€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €6k
Equity
€4k
Debt
€3k
Debt finances 40.6% of the balance-sheet total.
Key figures and ratios
Current ratio
2.46
Debt to equity
0.68
ROE
-167.3%
ROA
-99.4%
Debt ≤ 1 year
€3k
Filed annual accounts As filed with the NBB · 2025 · 22 lines
Balance sheet
Code2025
Assets
Total assets20/58€6k
Current assets29/58€6k
Amounts receivable within one year40/41€571
Other amounts receivable41€571
Cash at bank and in hand54/58€6k
Equity and liabilities
Total equity and liabilities10/49€6k
Equity10/15€4k
Contributions10/11€10k
Profit (loss) carried forward14€-6k
Amounts payable17/49€3k
Amounts payable within one year42/48€3k
Trade debts44€3k
Suppliers440/4€3k
Income statement
Code2025
Other operating charges640/8€1k
Gross operating margin9900€-5k
Operating profit (loss)9901€-6k
Financial charges65/66B€20
Recurring financial charges65€20
Profit (loss) for the period before taxes9903€-6k
Profit (loss) for the period9904€-6k
Profit (loss) for the period to be appropriated9905€-6k
Appropriation of the result
Profit (loss) to be appropriated9906€-6k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €1k |
| Gross operating margin9900 | €-5k |
| Operating profit (loss)9901 | €-6k |
| Financial charges65/66B | €20 |
| Recurring financial charges65 | €20 |
| Profit (loss) for the period before taxes9903 | €-6k |
| Profit (loss) for the period9904 | €-6k |
| Profit (loss) for the period to be appropriated9905 | €-6k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €6k | |
| Current assets29/58 | €6k | |
| Amounts receivable within one year40/41 | €571 | |
| Other amounts receivable41 | €571 | |
| Cash at bank and in hand54/58 | €6k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €6k | |
| Equity10/15 | €4k | |
| Contributions10/11 | €10k | |
| Profit (loss) carried forward14 | €-6k | |
| Amounts payable17/49 | €3k | |
| Amounts payable within one year42/48 | €3k | |
| Trade debts44 | €3k | |
| Suppliers440/4 | €3k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €-6k |
| Operating cash flow (approximation) | €-6k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Wichelen · 1 establishment unit since 2024
Ground area
1,611 m²
Building footprint
281 m²
Volume, LiDAR
1,586 m³
Parcel 42026C0001/00H000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Lammens Circulair
since 20242.358.410.686
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42026C0001/00H000 | Flanders | 1,611 m² | 1 · 281 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BW-METALRECUP
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XB SOLUTIONS
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Of 977 companies in sector 38210 we hold annual accounts for 585. 70 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
43990Other specialised construction activities
52100Warehousing and storage
Scores and ratios are computed by Checked and are not a credit decision.