Skip to content

P & I Recycling

Active
Private limited companyfounded 2021active for 5 yearsBoelehoef 31B, 3910 Pelt, BelgiumKBO/BCE: BE 0766.376.610
Summary

P & I Recycling has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €507,536. Equity has been growing by about 51% per year since 2022. Its solvency ranks better than 60% of 9,909 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 06-04-2021 Normal situation
Activity
Site preparation NACE 43120and 4 others
Joint committee
142.04 Paritair Subcomité voor de terugwinning van allerlei producten · annual accounts 2022
Establishment unit
2.315.531.540 3910 Pelt, since 06-04-2021
Financial year end
31 December
Peppol
Reachable since 26-07-2024

Board and ownership

Board
  • IEVEN BRAMDirector · since 31-03-2021
  • PLESSERS NICKDirector · since 31-03-2021
Shareholders
  • CISI2025 annual accounts of CISI

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€1.6m
▲ 33.1%
Turnover
≈ €4.4m
estimated
Profit
€507,536
▲ 34.2%
Equity
€1.3m
▲ 40.8%
Total assets
€2.6m
▲ 26.3%
Employees on 31-12-2025
9
=
Score breakdownraises riskFounded in 2021lowers riskFigures for financial year 2025 (filed on 10-06-2026)Equity €1.3m (52.4% of total assets)Profit of €507,536 (financial year 2025)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 64% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 77+5
equity 52.4% of total assets
Liquidity 49+4
short-term debt 30.9% · cash 10.0%
Profitability 93+1
return on assets 19.8%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 0.6%lowest value 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025lowest value 03-2025: 0.6%● unchanged vs 02-2025lowest value 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026highest value 07-2026: 0.7%▼ -0.4 percentage points vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (0.8 in 2024), below the usual 1.5. Short-term debt is 30.9% and cash 10% of total assets. 47.6% 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 43, micro). It does better than 57% of them on solvency, 41% on liquidity, 80% on profitability and 80% 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 10-06-2026)
NBB · annual accounts
lowers risk · Equity €1.3m (52.4% of total assets)
NBB · annual accounts
lowers risk · Profit of €507,536 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
51 days early
2024
57 days early
2023
28 days late
2022
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 13 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 20 July (3 of the last 4 accounts filed within 40 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 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in specialised constructionsector median €26,848 · 9,901 companies €507,536 View
  • Positive: Equity rose in 2025from €956,214 to €1.3m ▲ 40.8% View

Recent changes

  1. · Gazette deed Amendment of the articlesPower of attorney: Dirk SERESIA
  2. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as P & I Recycling: site preparation (NACE 43120). They are comparable in size and age: total assets between €1.9m and €3.4m, founded between 2018 and 2022.

CompanyTotal assetsGross margin
P & I Recycling Pelt€2.6m€1.6m
GOOSSE TERRASSEMENT Libin€3.4m€1.8m
DARON TERRASSEMENTS Houyet€2.1m€1.3m
B.P.V. GRONDWERKEN Kortemark€2.7m€0.9m
HB GEO Arendonk€2.9m€1.4m
C. MANGUETTE TERRASSEMENT Theux€1.9m€1.0m
Tops en Zoon Berlaar€1.9m€1.2m
Full comparison

Key facts about P & I Recycling

What is the company number of P & I Recycling?
The company number of P & I Recycling is 0766.376.610. The VAT number is the same number with BE in front: BE 0766.376.610.
Where is P & I Recycling based?
The registered office is at Boelehoef 31B, 3910 Pelt.Company details
What does P & I Recycling do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of P & I Recycling?
The legal form of P & I Recycling is Private limited company (BV).
When was P & I Recycling founded?
P & I Recycling was founded on 06-04-2021.
Is P & I Recycling still active?
Yes, P & I Recycling is an active enterprise in the KBO register.
How many employees does P & I Recycling have?
P & I Recycling had an average of 7.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does P & I Recycling fall under?
In its 2022 annual accounts, P & I Recycling states joint committee 142.04 (Paritair Subcomité voor de terugwinning van allerlei producten).
What is the turnover of P & I Recycling?
The turnover in financial year 2025 is ≈ €4.4m. This figure is estimated from the gross margin of €1.6m and 68 comparable companies (NACE 43). It probably lies between €3.4m and €5.9m.
Is P & I Recycling profitable?
In financial year 2025, P & I Recycling made a profit of €507,536.
Where can I find the annual accounts of P & I Recycling?
P & I Recycling filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P & I Recycling due?
P & I Recycling must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.