No Waste Republic
The computed 12-month bankruptcy probability of No Waste Republic is 11.0% (high). The 2024 annual accounts show negative equity (€-482k) and a net result of €-225k. Its solvency ranks better than 5% of 637 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-482k |
| Net result | €-225k |
| Staff (FTE) | 1 |
| Better than sector | 5% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -212.7% | 21.2% | |
| Net result | €-225k | €7k | |
| Equity | €-482k | €26k | |
| Gross operating margin | €-106k | €59k | |
| Staff costs | €29k | €61k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-144k |
| Net profit | €-225k |
| Cash flow | €-201k |
| Staff costs | €29k |
| Income taxes | - |
| Dividends | - |
| Total assets | €227k |
| Equity | €-482k |
| Debt | €709k |
| of which ≤ 1y | €13k |
| of which > 1y | €570k |
| Working capital | €147k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 12.39 |
| Quick ratio | 10.72 |
| Working capital ratio | 64.6% |
| Solvency | -212.7% |
| Debt / equity | -1.47 |
| Long-term debt ratio | -1.18 |
| Interest coverage | -2.45 |
| Gross margin | - |
| Net margin | - |
| ROA | -99.2% |
| ROE | 46.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €227k |
| Fixed assets | 21/28 | €67k |
| Intangible fixed assets | 21 | €25k |
| Tangible fixed assets | 22/27 | €37k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €159k |
| Stocks & contracts in progress | 3 | €21k |
| Amounts receivable within one year | 40/41 | €97k |
| Cash & bank | 54/58 | €39k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €227k |
| Equity | 10/15 | €-482k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-493k |
| Amounts payable | 17/49 | €709k |
| Amounts payable after one year | 17 | €570k |
| Amounts payable within one year | 42/48 | €13k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €-106k |
| Operating result | 9901 | €-168k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €59k |
| Result before taxes | 9903 | €-225k |
| Net result for the period | 9904 | €-225k |
| Result to be appropriated | 9905 | €-225k |
-
Current03-02-2025 → present
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| C² REVISEURS & ASSOCIESCurrent Statutory auditor · represented by Charles-Henri de Streel |
- | 03-02-2025 → present |
| NACE primary | Vervaardiging van zetmeel en zetmeelproducten(10620) |
| Legal form | Private limited company(610) |
| Incorporation | 05-10-2022 |
| Status | Active |
| Postal code | 1160 |
Show 2 more network connections
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0122/00P006 | Brussels | 211 m² | 1 · 202 m² | 6.2 m · 1 fl. |
| 21332B0150/00C003 | Brussels | 109 m² | 1 · 54 m² | 11.9 m · 3 fl. |
| 21443C0187/00B019 | Brussels | 98 m² | 1 · 83 m² | 18.6 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-11-2025 Registered office moved from Ixelles to Auderghem
- Rue Victor Greyson 18, 1050 Ixelles → Rue du Vieux Moulin 90, 1160 Auderghem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Auderghem",
"region": "Brussels",
"street": "Rue du Vieux Moulin",
"country": "BE",
"postcode": "1160",
"box_number": null,
"street_number": "90"
},
"old_address": {
"city": "Ixelles",
"region": "Brussels",
"street": "Rue Victor Greyson",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "18"
},
"effective_date": "2025-05-12",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire du 13 juin 2025 prend acte de la d\u00E9cision de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9 de la Rue Victor Greyson n\u00B018 1050 Ixelles vers la Rue du Vieux Moulin n\u00B090 1160 Auderghem \u00E0 dater du 12 mai 2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0791.910.770",
"name_full": "NO WASTE REPUBLIC",
"legal_form": "SRL"
}
}13-02-2025 Capital increase of €611,523
- 2 kapitaalbewegingen in deze akte
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 611523.0,
"currency": "EUR",
"after_eur": null,
"delta_eur": 611523.0,
"before_eur": null,
"amount_type": "kapitaal_effectief",
"effective_date": "2025-02-03",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide d\u0027augmenter le compte de capitaux propres \u00E0 concurrence d\u2019un montant total de 611.523,00 EUR, par des apports en nature et par l\u0027\u00E9mission de 509.603 actions de classe B",
"contribution_type": "in_kind"
},
{
"kind": "capital_increase",
"amount": 225000.0,
"currency": "EUR",
"after_eur": null,
"delta_eur": 225000.0,
"before_eur": null,
"amount_type": "kapitaal_effectief",
"effective_date": "2025-02-03",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide d\u0027augmenter le compte de capitaux propres \u00E0 concurrence de 225.000 EUR, et d\u00E9cide que ces apports suppl\u00E9mentaires seront r\u00E9alis\u00E9s par des apports en num\u00E9raire",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0791.910.770",
"name_full": "NO WASTE REPUBLIC",
"legal_form": "SRL"
}
}07-10-2022 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1050 Ixelles, Rue Victor Greyson 18",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1986-05-13",
"name": "STINGLHAMBER Charles-Louis Beno\u00EEt Jo\u00EBl Marie Ghislain",
"niss": null,
"address": "1050 Bruxelles (Ixelles), Rue Victor Greyson 18"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1560,
"holder_person_name": "STINGLHAMBER Charles-Louis Beno\u00EEt Jo\u00EBl Marie Ghislain",
"is_subscriber_only": false,
"n_shares_subscribed": 520000,
"amount_subscribed_eur": 1560,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1985-07-02",
"name": "LEBEL Marc Jean Georges",
"niss": null,
"address": "1180 Uccle, Avenue Winston Churchill 234A"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 64,
"holder_person_name": "LEBEL Marc Jean Georges",
"is_subscriber_only": false,
"n_shares_subscribed": 21333,
"amount_subscribed_eur": 64,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1965-07-20",
"name": "GREINDL Beno\u00EEt Claude Antoine Louis Axel",
"niss": null,
"address": "15, Chemin des Clojou\u00E8s bo\u00EEte 704, 3963 Crans-Montana (Aminona), Suisse"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 159,
"holder_person_name": "GREINDL Beno\u00EEt Claude Antoine Louis Axel",
"is_subscriber_only": false,
"n_shares_subscribed": 53000,
"amount_subscribed_eur": 159,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1967-03-21",
"name": "FAUCONNIER Christophe Dominique Leon Emiel",
"niss": null,
"address": "8, Villa des Ch\u00EAnes, 94130 Nogent- sur-Marne, France"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 167,
"holder_person_name": "FAUCONNIER Christophe Dominique Leon Emiel",
"is_subscriber_only": false,
"n_shares_subscribed": 55667,
"amount_subscribed_eur": 167,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0715.832.482",
"name": "BEEFOUNDERS"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "B",
"partner_role": null,
"holder_org_kbo": "0715.832.482",
"holder_org_name": "BEEFOUNDERS",
"contribution_type": "cash",
"amount_paid_in_eur": 1050,
"holder_person_name": null,
"is_subscriber_only": false,
"n_shares_subscribed": 350000,
"amount_subscribed_eur": 1050,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0791.910.770",
"name_full": "No Waste Republic",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2022-10-05",
"post_incorporation_mandates": []
}| Legal nameFR | No Waste Republic |