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RECYCLAGE EN COMPOSTERING

Active
Public limited companyfounded 2000active for 26 yearsIndustriepark 33, 3300 Tienen, BelgiumKBO/BCE: BE 0471.704.466
Summary

RECYCLAGE EN COMPOSTERING has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.8m and a net result of €356,383. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 84% of 278 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Materials recovery from waste
NACE 38210Demolition NACE 43110
4th largest company by equity in Flemish Brabant, Waste collection and treatment sector4 sites
Size
€8.3mturnover 2025
Staff
37.1 FTE
Equity
€5.8m
Profit
€356,383
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
CROFIN · 99.6%
Auditor: Compass Audit BVAccounts 14 days early3 of 12 deeds read
Why 91raises riskFigures for financial year 2025 (filed 17-10-2025)lowers riskSize: turnover €8.3m, 37.1 FTE, total assets €7.9mEquity €5.8m (72.8% of total assets)Founded in 2000Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 56% of its sector peers (NACE 38, small)
Financial strength · tick = 2024
Strong
Solvency 98+4
equity 72.8% of total assets
Liquidity 52+11
short-term debt 25.5% · cash 9.1%
Profitability 67+5
return on assets 4.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (200 companies, NACE 38, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.3 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.09, compared with 1.93 in 2024, above the usual 1.5; short-term debt: 25.5% and cash: 9.1% of total assets), and 27.2% 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, small): better than 83% on solvency, 67% on liquidity, 42% on profitability and 33% on growth.

The bankruptcy probability was computed on 23-10-2026 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.
lowers riskraises riskneutral
raises risk · Figures for financial year 2025 (filed 17-10-2025)
NBB · annual accounts
lowers risk · Size: turnover €8.3m, 37.1 FTE, total assets €7.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €5.8m (72.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-10-2025, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
6 days early
2023
6 days early
2022
26 days early
2021
4 days early
2020
1 day early
2019
2 days 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 8 days before 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)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 25 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end24-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: COMPASS AUDIT BV (statutory auditor)Permanent representatives: Joeri Croes, Vanessa…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Reappointments: Jecro Executive Management BV, Vecro…Permanent representatives: Joeri Croes, Vanessa…

Key points

  • Positive: 4th largest company by equity in Flemish Brabant, Waste collection and treatment…in the Checked rankings No. 4 View
  • Positive: Result rose in 2025from €231,876 to €356,383 ▲ 53.7% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by CROFIN 99.6% View
  • Positive: 7 profitable years in a rowprofit 2025: €356,383 7 years View

By topic

Financials

Financial year
2025
Turnover
€8.3m
Profit
€356,383
Solvency
72.8%
Turnover▼ 7.2%
Net result
20192025
Go to Financials

Board & ownership

Board
3 members
Parent
CROFIN · 99.6%
Auditor
Compass Audit BV
  • ESCRO Marketing ManagementDirector
  • JECRO Executive ManagementManaging director
  • VECRO Financial ManagementDirector
Go to Board & ownership

Timeline

Events
31
Since
2002
Next accounts
by 31-10-2026
  1. 25-10-2024Annual accounts filed
  2. 31-03-2024Weakest financial year
  3. 22-11-2023Amendment of the articles
Go to Timeline

Company details

Sites
4
Legal form
Public limited company
Activity
Materials recovery from wasteNACE 38210
Founded
14-04-2000
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
15
Who signs
A managing director alone
Annual meeting
Third Wednesday of September
Purpose
“Recyclage en compostering van beton en alle afbraakmaterialen van wegen,terrassen en…” (deed in Dutch)
Go to Articles of association

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