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RECYCOQ

Active
Private limited company (pre-2019)founded 20179 yrs activeRue des Ponts 23, 1480 Tubize, BelgiumKBO/BCE: BE 0675.701.505
Summary

The computed 12-month bankruptcy probability of RECYCOQ is 1.7% (moderate). The 2025 annual accounts show equity of €3,725 and a net result of -€294. Equity is shrinking by ~13.6% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability18▲+18
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
31 d early
2024
61 d late
2023
76 d late
2022
30 d late
2021
30 d late
2020
31 d early
2019
192 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 47 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 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

History

On 15 May 2017, RECYCOQ was incorporated.1 In 2026 the registered office moved to Tubize.2 ABDALLAH Youssef has served as director of the company since 2026.2 Total assets went from EUR 9,683 in 2018 to EUR 3,725 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 08-09-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€294▲ 63.1%
2024 · -€799
Working capital
€4,019▼ 16.6%
2023 · €4,818
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€1,517-€594▲ 60.8%-€1,672▼ 181%-€752▲ 55.0%-€267▲ 64.5%
Net result-€1,553▼ 4,214%-€630▲ 59.4%-€1,725▼ 174%-€799▲ 53.7%-€294▲ 63.1%
Equity€7,173▼ 17.8%€6,543▼ 8.8%€4,818▼ 26.4%€4,019▼ 16.6%€3,725▼ 7.3%
Total assets€7,292▼ 17.6%€6,543▼ 10.3%€5,618▼ 14.1%€4,819▼ 14.2%€3,725▼ 22.7%
Debt€119=€800€800=
Working capital€7,173▼ 17.8%€4,818€4,019▼ 16.6%
Result per fiscal year
Operating resultNet result
-€2,000-€1,500-€1,000-€500€0Operating result 2021: -€1,517-€1,517Net result 2021: -€1,553-€1,553Operating result 2022: -€594-€594Net result 2022: -€630-€630Operating result 2023: -€1,672-€1,672Net result 2023: -€1,725-€1,725Operating result 2024: -€752-€752Net result 2024: -€799-€799Operating result 2025: -€267-€267Net result 2025: -€294-€29420212022202320242025-€2,000-€1,500-€1,000-€500€0Operating result 2023: -€1,672-€1,670Net result 2023: -€1,725-€1,720Operating result 2024: -€752-€752Net result 2024: -€799-€799Operating result 2025: -€267-€267Net result 2025: -€294-€294202320242025
The operating result stays negative: a loss of €267 in 2025 against €752 in 2024; the loss shrinks.

Peer companies

Historical observation

Of the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.3% went bankrupt
7.5% stopped otherwise
90% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,441 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet Code20242025
Assets
Total assets20/58€4,819€3,725▼
Current assets29/58€4,819€3,725▼
Amounts receivable within one year40/41€297€307▲
Other amounts receivable41€297€307▲
Cash at bank and in hand54/58€4,522€3,418▼
Equity and liabilities
Total equity and liabilities10/49€4,819€3,725▼
Equity10/15€4,019€3,725▼
Contributions10/11€12,400€12,400=
Profit (loss) carried forward14-€8,381-€8,675▼
Amounts payable17/49€800-
Amounts payable within one year42/48€800-
Trade debts44€800-
Suppliers440/4€800-
Income statement Code20242025
Other operating charges640/8-€17
Gross operating margin9900-€752-€250▲
Operating profit (loss)9901-€752-€267▲
Financial income75/76B€13€33▲
Recurring financial income75€13€33▲
Financial charges65/66B€60€60=
Recurring financial charges65€60€60=
Profit (loss) for the period before taxes9903-€799-€294▲
Profit (loss) for the period9904-€799-€294▲
Profit (loss) for the period to be appropriated9905-€799-€294▲
Appropriation of the result
Profit (loss) to be appropriated9906-€8,381-€8,675▼
Profit (loss) brought forward from the previous period14P-€7,582-€8,381▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€50€347€384-€17-
Gross operating margin9900-€1,467-€247-€1,287-€752-€250▲ 66.7%
Operating profit (loss)9901-€1,517-€594-€1,672-€752-€267▲ 64.5%
Financial income75/76B--€1€13€33▲ 148%
Recurring financial income75--€1€13€33▲ 148%
Financial charges65/66B€36€36€54€60€60=
Recurring financial charges65€36€36€54€60€60=
Profit (loss) for the period before taxes9903-€1,553-€630-€1,725-€799-€294▲ 63.1%
Profit (loss) for the period9904-€1,553-€630-€1,725-€799-€294▲ 63.1%
Profit (loss) for the period to be appropriated9905-€1,553-€630-€1,725-€799-€294▲ 63.1%
Line20212022202320242025Change
Assets
Total assets20/58€7,292€6,543€5,618€4,819€3,725▼ 22.7%
Current assets29/58€7,292€6,543€5,618€4,819€3,725▼ 22.7%
Amounts receivable within one year40/41€395€276€276€297€307▲ 3.3%
Other amounts receivable41€395€276€276€297€307▲ 3.3%
Cash at bank and in hand54/58€6,898€6,267€5,342€4,522€3,418▼ 24.4%
Equity and liabilities
Total equity and liabilities10/49€7,292€6,543€5,618€4,819€3,725▼ 22.7%
Equity10/15€7,173€6,543€4,818€4,019€3,725▼ 7.3%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Capital10€12,400-----
Issued capital100€18,600-----
Uncalled capital101€6,200-----
Profit (loss) carried forward14-€5,227-€5,857-€7,582-€8,381-€8,675▼ 3.5%
Amounts payable17/49€119-€800€800--
Amounts payable within one year42/48€119-€800€800--
Trade debts44€119-€800€800--
Suppliers440/4€119-€800€800--
Line20212022202320242025Change
Profit (loss) for the period9904-€1,553-€630-€1,725-€799-€294▲ 63.1%
Operating cash flow (approximation)-€1,553-€630-€1,725-€799-€294▲ 63.1%
Change in cash--€631-€925-€820-€1,104▼ 34.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-09
State Gazette act Resignation: MATAN Sophie (director)
Appointment: ABDALLAH Youssef (director) · Shareholding · Registered-office move5 facts ▸
  • General meeting, 14-08-2026
  • Shareholding, 14-08-2026, Actions
  • Director resignation, MATAN Sophie (director)
  • Director appointment, ABDALLAH Youssef (director)
  • Registered-office move, Rue des Ponts 23 à 1480 TUBIZE
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
15-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 76 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
08-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 192 days late
2019
12-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 director, last change in 2026
ABDALLAH Youssef
Director · since 14-08-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Tubize · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,550 m²
Building footprint
208 m²
Volume, LiDAR
1,870 m³
2 parcels, Brussels, Wallonia · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
61 companies at this address See who is registered here
1 establishment unit
RECYCOQ
Schotlandstraat 77, 1060 Sint-Gillis (bij-Brussel)Sewerage
since 20172.264.534.383
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25105C0006/00Z000 Wallonia 1,453 m² 1 · 137 m² 10.3 m · 3 fl.
21013B0069/00Z000 Brussels 96 m² 1 · 71 m² 15.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ABDALLAH Youssef
  • Director, from 14-08-2026 to date
MATAN Sophie
  • Director, until 14-08-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 08-09-2026 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded15-05-2017
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.