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RENDAC UDES

Active
Private limited companyfounded 195769 years activeHappe 21, 5590 Ciney, BelgiumKBO/BCE: BE 0401.099.453
Summary

RENDAC UDES has been active since 1957 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €5.8m and a net result of €611,874. Equity is growing by ~3.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Waste collection, recovery and disposal activities
NACE 38110
#1 oldest company in the province of Namur, Waste collection and treatment sector2 sites
Size
€13.8mturnover 2026
Staff
1 FTE
Equity
€5.8m
Profit
€611,874
Financial health
86 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
DARLING INGREDIENTS BELGIUM HOLDING · 99.99%
Holdings
1
Accounts 47 days early0 of 19 deeds read
Why 86- Liquidity: current ratio 2.71, cash €165, halved- Sector Waste collection, recovery and disposal activities (NACE 38)+ Founded in 1957+ Size: turnover €13.8m, 1 FTE, total assets €9.2mShow the evidence

Checked score

Score 2026
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 38, micro)
Financial strength · tick = 2024
Strong
Solvency 88+31
equity 63.3% of total assets
Liquidity 33+19
short-term debt 36.7% · cash 0.0%
Profitability 64+47
return on assets 6.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (517 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.3%▼ -0.3 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 2.71 against 1.47 in 2024; short-term debt: 36.7% and cash: 0% of total assets), and 36.7% of the assets are financed with debt.
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, micro): better than 72% on solvency, 29% on liquidity, 42% on profitability and 67% on growth.

The bankruptcy probability was computed on 07-10-2026 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 risk+raises risk○neutral
raises risk · Liquidity: current ratio 2.71, cash €165, halved
NBB · annual accounts
lowers risk · Founded in 1957
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: turnover €13.8m, 1 FTE, total assets €9.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Waste collection, recovery and disposal activities (NACE 38)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 03-01-2026 was due by 03-08-2026 and was filed on 17-06-2026, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
47 days early
2024
48 days early
2023
43 days early
2022
42 days early
2021
4 days late
2020
16 days early
2019
on the day
← 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 27 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · full…
  2. Annual accounts filedfiscal year 2024 · unclassified…
  3. Weakest financial yearnet €177,552 ▼47.1%

Key points

  • Positive: Oldest company in the province of Namur, Waste…in the Checked rankings #1 View
  • Positive: 8 profitable years in a rowprofit 2026: €611,874 8 years View
  • Controlled by DARLING INGREDIENTS BELGIUM HOLDINGknown shareholders 100% 99.99% View
  • Active since 1957founded 07-02-1957 69 years View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2026
Turnover
€13.8m
Profit
€611,874
Solvency
63.3%
Turnover▲ 7.4%
Net result
20182026
Go to Financials

Timeline

Events
12
Since
2017
  1. 17-06-2024Annual accounts filed
  2. 19-06-2023Annual accounts filed
  3. 04-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Waste collection, recovery and disposal activitiesNACE 38110
Founded
07-02-1957
Year ends
03-01
Peppol
Reachable for e-invoices
Go to Company details

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