Shareholders
- TRADECOWALL5.14%
RECYLIEGE
ActiveFrom 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 has been shrinking by about 6.7% per year since 2018. Its solvency ranks better than 38% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 01-06-1995 Normal situation
- Registered office
- 24 active companies are registered at this address Source: KBO register, as of 1 November 2026.
- 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
Board and ownership
Board
- Marcel BaguetteChair
- Marcel BaguetteChair
- TRADECOLIEGEDaily manager · permanent representative Michel LEROY
- ENTREPRISES J. LEGROSDirector · permanent representative LEGROS Jean
- Auditor
- 3R, LEBOUTTE & Co
Financial position
- 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%
Filed on 16-06-2026, 45 days before the deadlinePDF
Score breakdownraises 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 on 16-06-2026)Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in wholesale trade (NACE 46)
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 within 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).
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 is ample, with a current ratio of 3.24 (2.49 in 2024), above the usual 1.5. Short-term debt is 12.8% and cash 20.2% of total assets. However, 65.7% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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). It does better than 44% of them 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€133,971
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation 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
The company filed its last 7 accounts on average 46 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · 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 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: 4 loss-making years in a rowloss in financial year 2025 -€133,971 View
- Caution: Lower net result than 88% of companies in wholesale tradesector median €112,000 · 6,101 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
Companies linked to RECYLIEGE
Comparable companies
These companies have the same main activity as RECYLIEGE: agents in the wholesale of timber and building materials (NACE 46130). They are comparable in size and age: total assets between €2.4m and €6.2m, founded between 1991 and 2005.
| Company | Total assets | Gross margin |
|---|---|---|
| RECYLIEGE Liège | €3.7m | €1.1m |
| TRESPA BELGIUM Hasselt | €2.6m | €1.4m |
| HADIBOUW Herentals | €2.4m | €1.1m |
| HUPPE BELGIUM Zaventem | €2.7m | €1.9m |
| HOUT DAEMEN Oudsbergen | €2.9m | €0.9m |
| LOMMAT Brussel | €6.2m | €0.5m |
| GUNTER BOSMANS Heist-op-den-Berg | €5.4m | €1.4m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 16-06-2026
- Annual accounts 2024filed on 12-06-2025
- Annual accounts 2023filed on 07-06-2024
- Annual accounts 2022filed on 22-05-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 21-09-2026
- Resignations & appointmentsact of 01-04-2026
- Purpose · Amendment of the articles · Resignations & appointmentsact of 22-01-2024
- Resignations & appointmentsact of 29-08-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about RECYLIEGE
- What is the company number of RECYLIEGE?
- The company number of RECYLIEGE is 0455.473.297. The VAT number is the same 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?
- The legal form of RECYLIEGE is Public limited company (NV).
- When was RECYLIEGE founded?
- RECYLIEGE was 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?
- RECYLIEGE had an average of 9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of RECYLIEGE?
- The turnover in financial year 2025 is ≈ €4.8m. This figure is estimated from the gross margin of €1.1m and 100 comparable companies (NACE 46). It probably lies between €2.8m and €7.9m.
- 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?
- RECYLIEGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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