RECYLIEGE

Active

Public limited companyfounded 1995active for 31 yearsGalerie de la Sauvenière 5, 4000 Liège, Belgium25 active companies are registered at this addressKBO/BCE: BE 0455.473.297

From the official registers: KBO 31 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

RECYLIEGE has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€133,971. Equity is shrinking by about 6.7% per year across the filed financial years. Its solvency ranks better than 38% of 6,158 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

RECYLIEGEActiveChecked score 91/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 01-06-1995 Normal situation
Legal form: Public limited company
Registered office: Galerie de la Sauvenière 5, 4000 Liège
Activity: Agents in the wholesale of timber and building materials NACE 46130and 1 other
Establishment units: 3 establishment units
Financial year end: 31 December
Peppol: Reachable

Company details

Who decides

Board

Marcel BaguetteChair
Marcel BaguetteChair
TRADECOLIEGEDaily manager · permanent representative Michel LEROY
ENTREPRISES J. LEGROSDirector · permanent representative LEGROS Jean

and 22 other directors

Auditor: 3R, LEBOUTTE & Co

Shareholders

and 1 other shareholder

Board & ownership

How it is doing

91 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Annual accounts 2025

Gross margin: €1.1m; ▼ 11.4%
Turnover: ≈ €4.8m; estimated
Loss: €133,971; ▼ 49.1%
Equity: €1.3m; ▼ 10.0%
Total assets: €3.7m; ▼ 13.0%
Staff: 9 FTE; ▼ 10.0%

2025 accounts 45 days early

Filed on 16-06-2026PDF

Financials

Why 91raises riskLoss of €133,971, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 3.24, cash €745,310Founded in 1995Figures for financial year 2025 (filed 16-06-2026)Show the evidence

Checked score

Score 2025

91 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 49% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 59+1

equity 34.3% of total assets

Liquidity 73+7

short-term debt 12.8% · cash 20.2%

Profitability 64+3

return on assets -3.6%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,900 companies, NACE 46, micro)

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: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €110,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.24, compared with 2.49 in 2024, above the usual 1.5; short-term debt: 12.8% and cash: 20.2% of total assets), but 65.7% 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 46, micro): better than 44% on solvency, 78% on liquidity, 47% on profitability and 26% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 3.24, cash €745,310

NBB · annual accounts

Loss of €133,971, the second in a row (financial year 2025)

NBB · annual accounts

Founded in 1995

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 16-06-2026)

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€133,971

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

45 days early

2024

49 days early

2023

54 days early

2022

70 days early

2021

53 days early

2020

72 days early

2019

18 days late

← 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 46 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Risk: 4 loss-making years in a rowloss financial year 2025 -€133,971 View
Caution: Among the weakest 12% on net resultsector median €112,134 · 6,092 companies -€133,971 View
New directorslatest change 19-05-2026 · 25 in office 3 joined View
Positive: Result rose in 2025from -€263,003 to -€133,971 ▲ 49.1% View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Documents

Key facts about RECYLIEGE

What is the company number of RECYLIEGE?: 0455.473.297. In Belgium the VAT number is the company number with BE in front: BE 0455.473.297.
Where is RECYLIEGE based?: The registered office is at Galerie de la Sauvenière 5, 4000 Liège.Company details
What does RECYLIEGE do?: According to the KBO register, the main activity is agents in the wholesale of timber and building materials (NACE 46130).
What is the legal form of RECYLIEGE?: Public limited company (NV).
When was RECYLIEGE founded?: On 01-06-1995.
Is RECYLIEGE still active?: Yes, RECYLIEGE is an active enterprise in the KBO register.
How many employees does RECYLIEGE have?: On average 9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RECYLIEGE?: ≈ €4.8m in financial year 2025. Estimated from the gross margin of €1.1m: probably between €2.8m and €7.9m, based on 100 comparable companies, NACE 46.
Is RECYLIEGE profitable?: In financial year 2025, RECYLIEGE made a loss of €133,971.
Where can I find the annual accounts of RECYLIEGE?: RECYLIEGE filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of RECYLIEGE due?: By 31-07-2027, for financial year 2026.Timeline