Minga Recyclage
ActiveSummary
The computed 12-month bankruptcy probability of Minga Recyclage is 3.3% (moderate). The 2025 annual accounts show equity of €84,685 and a net result of €31,057. Equity has been growing by about 46% per year since 2023. Its solvency ranks better than 53% of 206 sector peers (NACE 38, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 28-10-2022 Normal situation
- Activity
- Waste collection, recovery and disposal activities NACE 38110
- Establishment unit
- 2.337.733.058 3630 Maasmechelen, since 28-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.3%
- Gross margin
- €64,197
- ▲ 89.2%
- Turnover
- ≈ €190,000
- estimated
- Profit
- €31,057
- ▲ 70.0%
- Equity
- €84,685
- ▲ 57.9%
- Total assets
- €228,608
- ▲ 75.6%
- Staff
- ≈ 0 FTE
- estimated
- 2025 accounts filed 40 days after the deadline
Score breakdownraises riskLast filed accounts filed 40 days late; 2 of the last 3 accounts lateSize: total assets €228,608Liquidity: current ratio 5.16, cash €474, halvedFounded in 2022Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 51% of them on solvency, 51% on liquidity, 82% on profitability and 90% on growth.
The bankruptcy probability was computed on 03-11-2026 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
The company filed its last 3 accounts on average 51 days after 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)
Recent changes
- · Gazette deed IncorporationStarting capital €2,500 · Appointment: MINGA Ilia (director)
Comparable companies
These companies have the same main activity as Minga Recyclage: waste collection, recovery and disposal activities (NACE 38110). They are comparable in size and age: total assets between €90,100 and €209,000, founded between 2022 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| Minga Recyclage Maasmechelen | €228,608 | €64,197 |
| MEC Lierneux | €174,240 | €104,907 |
| Van Elven J Recycling Tielt-Winge | €144,750 | €90,833 |
| HG CLEANING Verviers | €123,940 | €68,767 |
| DETECO Pepinster | €131,441 | €33,082 |
| RFAG Neufchâteau | €209,001 | €164,339 |
| Added Value Projects Zoersel | €90,142 | €38,174 |
Key facts about Minga Recyclage
- What is the company number of Minga Recyclage?
- The company number of Minga Recyclage is 0793.128.517. The VAT number is the same number with BE in front: BE 0793.128.517.
- Where is Minga Recyclage based?
- The registered office is at Heirstraat(M) 513, 3630 Maasmechelen.Company details
- What does Minga Recyclage do?
- According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38110).
- What is the legal form of Minga Recyclage?
- The legal form of Minga Recyclage is Private limited company (BV).
- When was Minga Recyclage founded?
- Minga Recyclage was founded on 28-10-2022.
- Is Minga Recyclage still active?
- Yes, Minga Recyclage is an active enterprise in the KBO register.
- What is the turnover of Minga Recyclage?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €64,197 and 2,666 comparable companies of the same size. It probably lies between €130,000 and €330,000. It is a rough estimate.Financials
- Is Minga Recyclage profitable?
- In financial year 2025, Minga Recyclage made a profit of €31,057.
- Where can I find the annual accounts of Minga Recyclage?
- Minga Recyclage filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Minga Recyclage due?
- Minga Recyclage must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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