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RECY-CHEVY

Active
Private limited companyfounded 201412 yrs activeRue Wez-de-Bouillon,Villance 20, 6890 Libin, BelgiumKBO/BCE: BE 0552.892.080
Summary

RECY-CHEVY has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €668,309 and a net result of €101,313. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 278 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
RECY-CHEVYActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Materials recovery from waste
NACE 38210NACE 38212NACE 38323
#9 company by total assets in the province of Luxembourg, Water and waste sector1 site
Size
€1.5mtotal assets 2025
Staff
3 FTE
Equity
€668,309
Profit
€101,313
Financial health
88 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Parent
PIROT · 100%
Accounts filed 12 d late0 of 5 deeds read
Why 88- 1 change of registered office in 24 months+ Figures for FY 2025 (filed 15-05-2026)+ Size: 3 FTE, total assets €1.5m+ Liquidity: current ratio 1.47, cash €266,846Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 65% of its sector peers (NACE 38, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 68+2
equity 43.2% of total assets
Liquidity 57+14
short-term debt 33.4% · cash 17.3%
Profitability 77+3
return on assets 6.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (516 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%▼ -1.4% vs 11-2024 01-2025: 0.2%▲ +12.9% vs 12-2024 02-2025: 0.3%▲ +3.3% vs 01-2025 03-2025: 0.3%▲ +30.4% vs 02-2025 04-2025: 0.3%▼ -21.8% vs 03-2025 05-2025: 0.2%▼ -4.3% vs 04-2025 06-2025: 0.2%▼ -6.9% vs 05-2025 07-2025: 0.2%● 0.0% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%▼ -6.5% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%▼ -1.4% vs 11-2025lowest value 01-2026: 0.5%▲ +133% vs 12-2025 02-2026: 0.6%▲ +24.9% vs 01-2026 03-2026: 0.7%▲ +13.6% vs 02-2026 04-2026: 0.9%▲ +27.1% vs 03-2026 05-2026: 1.5%▲ +64.5% vs 04-2026highest value 06-2026: 0.3%▼ -80.1% vs 05-2026 07-2026: 0.3%● 0.0% vs 06-2026 08-2026: 0.3%● 0.0% vs 07-2026 09-2026: 0.3%● 0.0% vs 08-2026 10-2026: 0.3%● 0.0% vs 09-2026
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2025 (filed 15-05-2026) lowers the probability
  • Size: 3 FTE, total assets €1.5m lowers the probability for this profile
  • Liquidity: current ratio 1.47, cash €266,846 lowers the probability
Credit up to €55,000 at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.39 in 2024; short-term debt: 33.4% and cash: 17.3% of total assets), and 56.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 38, micro). Better than this share of them on solvency 56%, liquidity 65%, profitability 68%, growth against the median 72%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Figures for FY 2025 (filed 15-05-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: 3 FTE, total assets €1.5m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.47, cash €266,846
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-05-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
12 d late
2024
33 d early
2023
42 d early
2022
37 d early
2021
30 d early
2020
52 d early
2019
49 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close04-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Company by total assets in the province of…in the Checked rankings #9 View
  • Controlled by PIROTknown shareholders 100% 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €101,313 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.5m
Profit
€101,313
Solvency
43.2%
Total assets▲ 11.2%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 30-04-2027
  1. 12-05-2026Annual accounts filed
  2. 28-03-2025Annual accounts filed
  3. 19-03-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Materials recovery from wasteNACE 38210
Founded
22-05-2014
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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