RECYDATA
ActiveSummary
RECYDATA has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €656,710 and a net result of €146,933. Its solvency ranks better than 52% of 3,853 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- 6.6 FTE
- Equity
- €656,710
- Surplus
- €146,933
- Board
- 8 members
- Nathalie De GreveChair
Why 95lowers riskLegal form: non-profit associationLiquidity: current ratio 3.18, cash €598,122Equity €656,710 (55.7% of total assets)Profit of €146,933 (financial year 2025)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro): better than 51% on solvency, 79% on liquidity, 53% on profitability and 72% on growth.
The bankruptcy probability was computed on 27-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 28 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Reappointments: Filip De Jaeger, Joseph Vandeweghe…Gazette deed
- Annual accounts filedfinancial year 2025 · full…
- Resignation: Deloitte bedrijfsrevisoren BV (statutory auditor)Appointment: VGD bedrijfsrevisoren (statutory auditor)…
Financials · financial year 2025, full format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 21% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 31,368 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €498,914 | €728,118 | ▲ 45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €817 | €3,166 | ▲ 287% |
| Other operating charges640/8 | €1,215 | €2,576 | ▲ 112% |
| Gross operating margin9900 | €621,123 | €878,739 | ▲ 41.5% |
| Operating profit (loss)9901 | €120,177 | €144,879 | ▲ 20.6% |
| Financial income75/76B | €4,952 | €3,261 | ▼ 34.1% |
| Recurring financial income75 | €4,952 | €3,261 | ▼ 34.1% |
| Financial charges65/66B | €68 | €229 | ▲ 235% |
| Recurring financial charges65 | €68 | €229 | ▲ 235% |
| Profit (loss) for the period before taxes9903 | €125,060 | €147,911 | ▲ 18.3% |
| Income taxes67/77 | €1,485 | €978 | ▼ 34.1% |
| Profit (loss) for the period9904 | €123,575 | €146,933 | ▲ 18.9% |
| Profit (loss) for the period to be appropriated9905 | €123,575 | €146,933 | ▲ 18.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €0.8m | €1.2m | ▲ 41.0% |
| Fixed assets21/28 | €0.009m | €0.008m | ▼ 13.4% |
| Tangible fixed assets22/27 | €0.009m | €0.008m | ▼ 13.4% |
| Plant, machinery and equipment23 | €0.005m | €0.005m | ▼ 0.1% |
| Other tangible fixed assets26 | €0.004m | €0.003m | ▼ 28.3% |
| Current assets29/58 | €0.8m | €1.2m | ▲ 41.6% |
| Amounts receivable after more than one year29 | €0.1m | €0.3m | ▲ 105% |
| Trade receivables290 | €0.1m | €0.3m | ▲ 105% |
| Amounts receivable within one year40/41 | €0.2m | €0.3m | ▲ 36.2% |
| Trade receivables40 | €0.2m | €0.1m | ▼ 18.7% |
| Other amounts receivable41 | €0.03m | €0.1m | ▲ 331% |
| Current investments50/53 | €0.05m | €0.05m | ▲ 0.8% |
| Cash at bank and in hand54/58 | €0.5m | €0.6m | ▲ 31.3% |
| Deferred charges and accrued income490/1 | €0.008m | €0.009m | ▲ 24.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €0.8m | €1.2m | ▲ 41.0% |
| Equity10/15 | €0.5m | €0.7m | ▲ 28.8% |
| Reserves13 | €0.5m | €0.7m | ▲ 28.8% |
| Amounts payable17/49 | €0.3m | €0.5m | ▲ 60.0% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | = |
| Financial debts170/4 | €0.2m | €0.2m | = |
| Amounts payable within one year42/48 | €0.2m | €0.4m | ▲ 109% |
| Trade debts44 | €0.1m | €0.2m | ▲ 134% |
| Suppliers440/4 | €0.1m | €0.2m | ▲ 134% |
| Taxes, remuneration and social security45 | €0.08m | €0.1m | ▲ 79.1% |
| Taxes450/3 | €0.03m | €0.07m | ▲ 168% |
| Remuneration and social security454/9 | €0.05m | €0.08m | ▲ 37.1% |
| Accrued charges and deferred income492/3 | €430 | €0.004m | ▲ 872% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €123,575 | €146,933 | ▲ 18.9% |
| + Depreciation and write-downs630 | €817 | €3,166 | ▲ 287% |
| Operating cash flow (approximation) | €124,392 | €150,099 | ▲ 20.7% |
| Investment in fixed assets (approximation) | - | -€1,938 | - |
| Change in cash | - | €142,648 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 03-07-2026 | 2026-00258151 |
| 31-12-2024 | abbreviated format | 04-07-2025 | 2025-00245707 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2023 · 1 entry · €1,619 awarded · €1,619 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 8
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| FrancisHuysman |
|
| JosephVandeweghe |
|
| NathalieDeGreve |
|
| PeterHaenebalcke |
|
| Filip De Jaeger |
|
| Nathalie De Greve |
|
| Joseph Vandeweghe |
|
| Peter Haenebalcke |
|
| VGD Bedrijfsrevisoren |
|
| DeloitteBedrijfsrevisorenBV |
|
| Francis Huysman |
|
Owners and capital
Owners
This non-profit association has no shareholders or capital.
Group and network
Connections & network
5 connected companiesShow 1 more companies with a shared director
History
Acts, filings and financial milestones
18-09
Gazette deed
Reappointments: Filip De Jaeger, Joseph Vandeweghe and 2 others5 facts ▸
- General meeting, 25-06-2026
- Director reappointment, Filip De Jaeger (director)
- Director reappointment, Joseph Vandeweghe (director)
- Director reappointment, Peter Haenebalcke (director)
- Director reappointment, Nathalie De Greve (bestuurder voorzitter)
04-12
Gazette deed
Resignation: Deloitte bedrijfsrevisoren BV (statutory auditor)Appointment: VGD bedrijfsrevisoren (statutory auditor) · Permanent representative: Magdalena Xenos4 facts ▸
- General meeting, 24-09-2025
- Auditor resignation, Deloitte bedrijfsrevisoren BV (statutory auditor)
- Auditor appointment, VGD bedrijfsrevisoren (statutory auditor)
- Permanent representative, Magdalena Xenos
23-07
Gazette deed
Resignation: Francis Huysman (director and chair)Appointments: Nathalie De Greve (chair) and Filip De Jaeger (director)4 facts ▸
- General meeting, 01-07-2025
- Director resignation, Francis Huysman (director and chair)
- Director appointment, Nathalie De Greve (chair)
- Director appointment, Filip De Jaeger (director)
29-01
Gazette deed
Amendment of the articles2 facts ▸
- General meeting, 10-07-2023
- Amendment of the articles, 12
15-09
Gazette deed
Reappointments: Peter Haenebalcke, Joseph Vandeweghe and 3 others6 facts ▸
- General meeting, 10-07-2023
- Director reappointment, Peter Haenebalcke (director)
- Director reappointment, Joseph Vandeweghe (director)
- Director reappointment, Nathalie De Greve (director)
- Director reappointment, Francis Huysman (director)
- Auditor reappointment, DeloitteBedrijfsrevisorenBV (statutory auditor)
15-09
Gazette deed
Amendment of the articlesGeneral meeting1 fact ▸
- General meeting, 10-07-2023
About the unread acts
Of the 16 Belgian Official Gazette deeds we know for this company, 6 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22662B0407/00D011indicative | Flanders | 6,201 m² | 1 · 1,886 m² | 15.3 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De impiementatie van systemen voor de uitgebreide producentenverantwoordelijkheid; Het verlenen van administratieve ondersteuning,het beheer…” (deed in Dutch)
7 activities (deed in Dutch)
- De impiementatie van systemen voor de uitgebreide producentenverantwoordelijkheid
- Het verlenen van administratieve ondersteuning,het beheer van gegevens en het verlenen van consultancy diensten in het kader van de verwezenlijking van het belangeloos doel
- Het in kaart brengen van verschillende afvalstromen
- Het verwerken van informatie en gegevens in verband met het op de markt brengen,inzamelen en recyclage van materialen
- Het optimaliseren van inzamel- en recyclageprocessen
- Opzetten logistieke trajecten voor selectieve inzameling en recyclage van diverse stromen
- Activiteiten mbt realiseren en opvolgen van de circulariteit van diverse stromen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Recydata
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “ARTIKEL 16- VERTEGENWOORDIGING Onafgezien van de gedelegeerde bevoegdheden, waarvan sprake in artikel 15 hierboven, zal de Vereniging te…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering op eerstkomende vergadering, 3” (deed in Dutch)“Voorzitter bestuursorgaan, bestuurder die vzw Valipac vertegenwoordigt” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “2” (deed in Dutch)“Zonder voorbehoud statuten,reglementen en eerdere beslissingen organen onderschrijven, geschreven verzoek met duidelijke motivering waaruit…” (deed in Dutch)“Minstens twee derde leden aanwezig of vertegenwoordigd, twee derde meerderheid aanwezige of vertegenwoordigde leden” (deed in Dutch)“Uittredende of uitgesloten Leden,erfgenamen,rechtsopvolgers en andere rechtverkrijgenden” (deed in Dutch)“Aantal Leden niet beneden minimum Artikel 5, 12-31” (deed in Dutch)1 more provision on this in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering, elk ogenblik” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed