PreZero Recycling Belgium

Active

Private limited companyfounded 2019active for 6 yearsDelori-Maeslaan 1, 9940 Evergem, BelgiumKBO/BCE: BE 0736.909.196

Summary

The computed 12-month bankruptcy probability of PreZero Recycling Belgium is 1.7% (moderate). The 2026 annual accounts show equity of €5.2m and a net result of €362,245. Equity is growing by about 17% per year across the filed financial years. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

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PreZero Recycling BelgiumActiveChecked score 55/100

Risk analysis Report Compare

Activity

Materials recovery from waste

NACE 38210

7th fastest staff growth in East Flanders, Waste collection and treatment sector1 site

Size

€16.9mturnover 2026

Staff: 90.8 FTE
Equity: €5.2m
Profit: €362,245

Financial health

55 Fair Checked score 2026

Bankruptcy probabilitywithin 12 months: 1.7%

Structure

Parent: PreZero Belgium · 100%

Auditor: EY Bedrijfsrevisoren BV2026 accounts 30 days early2 of 8 deeds summarised

Why 55raises riskLiquidity: current ratio 0.26, cash €1.0mEquity €5.2m (12.9% of total assets)1 of the last 3 lateFounded in 2019Show the evidence

Checked score

Score 2026

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 52% of its sector peers (NACE 38, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Average

Solvency 38+1

equity 12.9% of total assets

Liquidity 40-2

short-term debt 30.5% · cash 2.6%

Profitability 80-1

return on assets 0.9%

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (47 companies, NACE 38, medium-sized)

Last 24 months 11-2024: 2.8%highest value 12-2024: 1.4%▼ -1.4 percentage points vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.3%▼ -0.1 percentage points vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.2%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 1.3%▲ +0.1 percentage points vs 07-2025 09-2025: 1.4%▲ +0.1 percentage points vs 08-2025 10-2025: 1.8%▲ +0.4 percentage points vs 09-2025 11-2025: 1.9%▲ +0.1 percentage points vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.7%▼ -0.2 percentage points vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.1 percentage points vs 07-2026 09-2026: 1.7%▼ -0.1 percentage points vs 08-2026 10-2026: 1.7%● unchanged vs 09-2026

Credit of up to €280,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.26, compared with 0.24 in 2025, below 1; short-term debt: 30.5% and cash: 2.6% of total assets), and 87.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 21% on solvency, 47% on liquidity, 77% on profitability and 65% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

raises riskneutral

Liquidity: current ratio 0.26, cash €1.0m

NBB · annual accounts

Equity €5.2m (12.9% of total assets)

NBB · annual accounts

1 of the last 3 late

NBB · filings

Founded in 2019

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 31-08-2026, 30 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2026

30 days early

2025

29 days late

2024

29 days late

2023

1 day early

2022

3 days early

2021

61 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 14 days after the deadline; the sector median (NACE 38) for financial year 2024 is 8 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. The company usually files around 29 September (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today28-02-2027 year end30-09-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-08-2026 Annual accounts filedfinancial year 2026 · full…
18-08-2026 Resignation: EY Bedrijfsrevisoren BV (statutory auditor)Appointment: EY Bedrijfsrevisoren BV (statutory…
28-02-2026 Equity above €5mequity €5.2m ▲5.5%

Key points

Caution: Result fell in 2026from €825,673 to €362,245 ▼ 56.1% View
Positive: 7th fastest staff growth in East Flanders, Waste collection and treatment sectorin the Checked rankings No. 7 View
Controlled by PreZero Belgium 100% View
Positive: 5 profitable years in a rowprofit 2026: €362,245 5 years View

By topic

Financials

Financial year: 2026
Turnover: €16.9m
Profit: €362,245
Solvency: 12.9%

Turnover▲ 3.7%

Net result

20242026

Go to Financials

Board & ownership

Parent: PreZero Belgium · 100%
Auditor: EY Bedrijfsrevisoren BV

Go to Board & ownership

Timeline

Events: 11
Since: 2021
Next accounts: by 30-09-2027

29-10-2025Annual accounts filed
29-10-2024Annual accounts filed
29-02-2024Highest result from 2021 to 2026

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Materials recovery from wasteNACE 38210
Founded: 29-10-2019
Year ends: 28-02
Peppol: Reachable for e-invoices

Go to Company details

Key facts about PreZero Recycling Belgium

What is the company number of PreZero Recycling Belgium?: 0736.909.196. In Belgium the VAT number is the company number with BE in front: BE 0736.909.196.
Where is PreZero Recycling Belgium based?: The registered office is at Delori-Maeslaan 1, 9940 Evergem.Company details
What does PreZero Recycling Belgium do?: According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
What is the legal form of PreZero Recycling Belgium?: Private limited company (BV).
When was PreZero Recycling Belgium founded?: On 29-10-2019.
Is PreZero Recycling Belgium still active?: Yes, PreZero Recycling Belgium is an active enterprise in the KBO register.
How many employees does PreZero Recycling Belgium have?: On average 90.8 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of PreZero Recycling Belgium?: €16.9m in financial year 2026, according to the filed annual accounts.
Is PreZero Recycling Belgium profitable?: In financial year 2026, PreZero Recycling Belgium made a profit of €362,245.
Where can I find the annual accounts of PreZero Recycling Belgium?: PreZero Recycling Belgium filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of PreZero Recycling Belgium due?: By 30-09-2027, for financial year 2027.Timeline