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RECYCLAGE ET VALORISATION TECHNIQUE

Active
Public limited companyfounded 1980active for 46 yearsRue du Parc industriel 2, 4480 Engis, BelgiumKBO/BCE: BE 0421.012.761
Summary

RECYCLAGE ET VALORISATION TECHNIQUE has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.1m and a net result of €3.3m. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 51% of 280 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 18-09-1980 Normal situation
Activity
Waste collection, recovery and disposal activities NACE 38320
Joint committees
116 Paritair Comité voor de scheikundige nijverheid
207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 2023
Establishment units
2.142.858.573 4020 Liège, since 01-04-1981
2.018.369.862 4480 Engis, since 12-08-1991
Financial year end
31 December
Peppol
Reachable since 27-06-2024

Board and ownership

Board
and 3 others
Auditor
REWISE
Shareholders
and 1 other shareholder

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€48.6m
▲ 4.9%
Profit
€3.3m
▲ 5.7%
Equity
€14.1m
▲ 18.6%
Total assets
€33.9m
▲ 10.5%
Employees on 31-12-2025
94
▲ 1.1%
Score breakdownraises riskLiquidity: current ratio 1.31, cash €36,603, halvedSector: Waste collection, recovery and disposal activities (NACE 38)lowers riskSize: turnover €48.6m, 90.2 FTE, total assets €33.9mFounded in 1980Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of medium-sized companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Strong
Solvency 67+3
equity 41.7% of total assets
Liquidity 38+9
short-term debt 29.2% · cash 0.1%
Profitability 82-1
return on assets 9.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (47 companies, NACE 38, medium-sized)
Last 24 months 12-2024: 0.2% 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: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points 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 01-2026lowest value 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 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €1,250,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.31 (0.72 in 2024), below the usual 1.5. Short-term debt is 29.2% and cash 0.1% of total assets. 58.3% 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 38, medium-sized). It does better than 45% of them on solvency, 38% on liquidity, 83% on profitability and 73% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.31, cash €36,603, halved
NBB · annual accounts
lowers risk · Size: turnover €48.6m, 90.2 FTE, total assets €33.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1980
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Waste collection, recovery and disposal activities (NACE 38)
KBO
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
14 days early
2023
19 days late
2022
6 days early
2021
33 days early
2020
3 days early
2019
60 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 1 day after the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% 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 17 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 years of growth in a rowturnover 2025: €48.6m 7 years View
  • Positive: Higher net result than 92% of companies in waste collection and treatmentsector median €138,965 · 278 companies €3.3m View

Recent changes

  1. · Gazette deed Reappointment: REWISE (commissaire réviseur)Resignation: Samanda (director) · Appointment: WE Environnement (director) · Permanent representatives: Carine FABRY, Régis Vankerkove and Ivo De Vlieghere
  2. · Gazette deed Resignations & appointments · Miscellaneous
  3. · Gazette deed Resignation: Hans Nuyts (director)Appointment: Demisan BV (director) · Permanent representative: Ivo De Vlieghere
All 20 events

Comparable companies

These companies have the same main activity as RECYCLAGE ET VALORISATION TECHNIQUE: waste collection, recovery and disposal activities (NACE 38320). They are comparable in size and age: total assets between €11m and €68m, founded between 1969 and 1997.

CompanyTotal assetsTurnover
RECYCLAGE ET VALORISATION TECHNIQUE Engis€33.9m€48.6m
Sarpi EcoServices BE Sint-Gillis (bij-Brussel)€28.2m€64.1m
Top-Mix Oostende€46.0m€38.7m
Transnubel Sint-Joost-ten-Node€24.3m€25.4m
Veolia ES MRC Antwerpen€11.3m€26.9m
BELGOPROCESS Dessel€68.1m€118.4m
OOSTVLAAMS MILIEUBEHEER Gent€31.8m€21.1m
Full comparison

Key facts about RECYCLAGE ET VALORISATION TECHNIQUE

What is the company number of RECYCLAGE ET VALORISATION TECHNIQUE?
The company number of RECYCLAGE ET VALORISATION TECHNIQUE is 0421.012.761. The VAT number is the same number with BE in front: BE 0421.012.761.
Where is RECYCLAGE ET VALORISATION TECHNIQUE based?
The registered office is at Rue du Parc industriel 2, 4480 Engis.Company details
What does RECYCLAGE ET VALORISATION TECHNIQUE do?
According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38320).
What is the legal form of RECYCLAGE ET VALORISATION TECHNIQUE?
The legal form of RECYCLAGE ET VALORISATION TECHNIQUE is Public limited company (NV).
When was RECYCLAGE ET VALORISATION TECHNIQUE founded?
RECYCLAGE ET VALORISATION TECHNIQUE was founded on 18-09-1980.
Is RECYCLAGE ET VALORISATION TECHNIQUE still active?
Yes, RECYCLAGE ET VALORISATION TECHNIQUE is an active enterprise in the KBO register.
How many employees does RECYCLAGE ET VALORISATION TECHNIQUE have?
RECYCLAGE ET VALORISATION TECHNIQUE had an average of 90.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does RECYCLAGE ET VALORISATION TECHNIQUE fall under?
In its 2023 annual accounts, RECYCLAGE ET VALORISATION TECHNIQUE states joint committees 116 (Paritair Comité voor de scheikundige nijverheid) and 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid).
What is the turnover of RECYCLAGE ET VALORISATION TECHNIQUE?
The turnover of RECYCLAGE ET VALORISATION TECHNIQUE was €48.6m in financial year 2025, according to the filed annual accounts.
Is RECYCLAGE ET VALORISATION TECHNIQUE profitable?
In financial year 2025, RECYCLAGE ET VALORISATION TECHNIQUE made a profit of €3.3m.
Where can I find the annual accounts of RECYCLAGE ET VALORISATION TECHNIQUE?
RECYCLAGE ET VALORISATION TECHNIQUE filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RECYCLAGE ET VALORISATION TECHNIQUE due?
RECYCLAGE ET VALORISATION TECHNIQUE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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