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No Waste Republic

Active
Private limited companyfounded 2022active for 4 yearsBoomgaardstraat 15, 1160 Oudergem, BelgiumKBO/BCE: BE 0791.910.770
Summary

The computed 12-month bankruptcy probability of No Waste Republic is 9.6% (elevated). The annual accounts of No Waste Republic for financial year 2025 show a net loss of 90% of total assets. The 2025 annual accounts show equity of €61,899 and a net result of -€298,043. Equity has been growing by about 62% per year since 2023. Its solvency ranks better than 38% of 1,904 sector peers (NACE 10, 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 05-10-2022 Normal situation
Activity
Manufacture of food products NACE 10620and 3 others
Establishment units
2.337.328.133 1050 Elsene, since 05-10-2022
2.351.288.809 1070 Anderlecht, since 20-09-2023
Financial year end
31 December
Peppol
Reachable since 05-02-2026

Board and ownership

Board
and 1 other
Shareholders
  • BEEFOUNDERS· score 562025 annual accounts of BEEFOUNDERS

Financial position

34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
9.6%
Annual accounts 2025
Gross margin
-€119,990
▼ 13.6%
Loss
€298,043
▲ 32.5%
Equity
€61,899
Total assets
€332,540
▲ 46.6%
Employees on 31-12-2025
3
▲ 200%
  • 2025 accounts filed 31 days after the deadline
Turnover not published (micro format)
Score breakdownraises risk3 changes of registered office in 24 monthsLoss of €298,043, the second in a row (financial year 2025)Sector: Manufacture of food products (NACE 10)lowers riskLiquidity: current ratio 4.64, cash €196,474Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 57% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Average
Solvency 44+44
equity 18.6% of total assets
Liquidity 95+24
short-term debt 17.7% · cash 59.1%
Profitability 0=
return on assets -89.6%
Bankruptcy probability within 12 months
9.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,083 companies, NACE 10, micro)
Last 24 months 12-2024: 2.2% 01-2025: 2.1%▼ -0.1 percentage points vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.0%▼ -0.1 percentage points vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 2.0%● unchanged vs 05-2025lowest value 07-2025: 2.1%▲ +0.1 percentage points vs 06-2025 08-2025: 2.7%▲ +0.6 percentage points vs 07-2025 09-2025: 4.8%▲ +2.1 percentage points vs 08-2025 10-2025: 4.8%● unchanged vs 09-2025 11-2025: 4.8%● unchanged vs 10-2025 12-2025: 6.5%▲ +1.7 percentage points vs 11-2025 01-2026: 6.5%● unchanged vs 12-2025 02-2026: 6.5%● unchanged vs 01-2026 03-2026: 6.3%▼ -0.2 percentage points vs 02-2026 04-2026: 7.0%▲ +0.7 percentage points vs 03-2026 05-2026: 7.5%▲ +0.5 percentage points vs 04-2026 06-2026: 6.6%▼ -0.9 percentage points vs 05-2026 07-2026: 12.4%▲ +5.8 percentage points vs 06-2026 08-2026: 14.1%▲ +1.7 percentage points vs 07-2026highest value 09-2026: 9.7%▼ -4.4 percentage points vs 08-2026 10-2026: 9.6%▼ -0.1 percentage points vs 09-2026 11-2026: 9.6%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit 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 4.64 (12.39 in 2024), above the usual 1.5. Short-term debt is 17.7% and cash 59.1% of total assets. However, 81.4% 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 10, micro). It does better than 35% of them on solvency, 96% on liquidity, 6% on profitability and 93% 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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Signals

Five signals.
lowers riskraises risk
raises risk · 3 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €298,043, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.64, cash €196,474
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filings
Deviation from the deadline
2025
31 days late
2024
12 days late
2023
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average on the deadline day. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% 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 12 August (3 of the last 3 accounts filed within 55 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 incorporation in 2022.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€298,043 View
  • Caution: Lower net result than 95% of companies in food productssector median €8,244 · 1,906 companies -€298,043 View
  • Caution: Result fell in 2025from -€224,959 to -€298,043 ▼ 32.5% View
  • New directorlatest change 18-06-2026 · 4 in office 1 joined View

Recent changes

  1. · Gazette deed Registered office moved within OudergemNew seat: Rue du Verger 15 - 1160 Auderghem · Previous seat: Rue du Vieux Moulin 90 - 1160 Auderghem · Permanent representatives: Charles-Louis Stinglhamber and David Martin Mellett
  2. · Gazette deed Registered office moved within OudergemCapital increase of €450,000 · New seat: rue du Verger 15, 1160 Auderghem · Previous seat: rue du Vieux Moulin 90, 1160 Auderghem
  3. · Gazette deed Registered office moved from Elsene to OudergemNew seat: Rue du Vieux Moulin n°90 1160 Auderghem · Previous seat: Rue Victor Greyson n°18 1050 Ixelles · Director in office: Stinglhamber Charles-Louis
All 10 events

Comparable companies

These companies have the same main activity as No Waste Republic: manufacture of food products (NACE 10620). They are comparable in size and age: total assets between €922,000 and €1.2m, founded between 1996 and 2015.

CompanyTotal assetsGross margin
No Waste Republic Oudergem€0.3m-€0.1m
VOEDERS CUVELIER Poperinge€0.9m€0.009m
MILHO Beveren-Kruibeke-Zwijndrecht€1.2m€0.3m
Full comparison

Key facts about No Waste Republic

What is the company number of No Waste Republic?
The company number of No Waste Republic is 0791.910.770. The VAT number is the same number with BE in front: BE 0791.910.770.
Where is No Waste Republic based?
The registered office is at Boomgaardstraat 15, 1160 Oudergem.Company details
What does No Waste Republic do?
According to the KBO register, the main activity is manufacture of food products (NACE 10620).
What is the legal form of No Waste Republic?
The legal form of No Waste Republic is Private limited company (BV).
When was No Waste Republic founded?
No Waste Republic was founded on 05-10-2022.
Is No Waste Republic still active?
Yes, No Waste Republic is an active enterprise in the KBO register.
How many employees does No Waste Republic have?
No Waste Republic had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of No Waste Republic?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is No Waste Republic profitable?
In financial year 2025, No Waste Republic made a loss of €298,043.
Where can I find the annual accounts of No Waste Republic?
No Waste Republic filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of No Waste Republic due?
No Waste Republic must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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