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RR RECYCLING

Active
Private limited companyfounded 2018active for 8 yearsAlbert De Smetstraat 29A, 9042 Gent, BelgiumKBO/BCE: BE 0692.627.510
Summary

RR RECYCLING has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152,874 and a net result of €18,998. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 15% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
RR RECYCLINGActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Activity
Demolition
NACE 43110
1 site
Size
€1.4mtotal assets 2025
Equity
€152,874
Profit
€18,998
Turnover not published (micro format)
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2025 accounts filed 20 days late1 of 2 deeds summarised
Why 82raises riskEquity €152,874 (10.8% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €1.4mFigures for financial year 2025 (filed 22-05-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 36-4
equity 10.8% of total assets
Liquidity 44-12
short-term debt 52.5% · cash 16.3%
Profitability 55-17
return on assets 1.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 2.0% 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 2.0%● unchanged vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 1.9%▼ -0.1 percentage points vs 02-2025 04-2025: 2.0%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.4%▼ -1.6 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.3%▼ -0.1 percentage points vs 11-2025lowest value 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%▲ +0.3 percentage points vs 04-2026 06-2026: 0.4%▼ -0.5 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.93, compared with 0.71 in 2024, below 1; short-term debt: 52.5% and cash: 16.3% of total assets), and 89.2% 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 43, micro): better than 14% on solvency, 34% on liquidity, 26% on profitability and 61% on growth.

The bankruptcy probability was computed on 25-10-2026 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 risk
lowers risk · Size: total assets €1.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €152,874 (10.8% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed 22-05-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 34718 sector peers (2025).
NBB · sector comparison
Position among 34718 sector peers
Solvency
better than 15%
← weakest strongest →
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-05-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
20 days late
2024
5 days early
2023
2 days late
2022
3 days early
2021
2 days early
2020
on the day
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 2 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end26-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Equity above €150,000equity €152,874 ▲14.2%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 15% on solvencysector median 46.8% · 34,718 companies 10.8% View
  • One director decidessole director in office 1 View
  • Total assets 20256 financial years filed €1.4m View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Profit
€18,998
Solvency
10.8%
Total assets▲ 62.3%
Net result
20192025
Go to Financials

Timeline

Events
16
Since
2020
Next accounts
by 30-04-2027
  1. 30-09-2024Back to profit
  2. 30-09-2024Equity above €100,000
  3. 02-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
DemolitionNACE 43110
Founded
16-03-2018
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
15
Who signs
Each director alone
Purpose
“Algemene aannemingen van grondwerken alsook bijzondere grondwerken zoals onder meer…” (deed in Dutch)
Go to Articles of association

Key facts about RR RECYCLING

What is the company number of RR RECYCLING?
0692.627.510. In Belgium the VAT number is the company number with BE in front: BE 0692.627.510.
Where is RR RECYCLING based?
The registered office is at Albert De Smetstraat 29A, 9042 Gent.Company details
What does RR RECYCLING do?
According to the KBO register, the main activity is demolition (NACE 43110).
What is the legal form of RR RECYCLING?
Private limited company (BV).
When was RR RECYCLING founded?
On 16-03-2018.
Is RR RECYCLING still active?
Yes, RR RECYCLING is an active enterprise in the KBO register.
What is the turnover of RR RECYCLING?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is RR RECYCLING profitable?
In financial year 2025, RR RECYCLING made a profit of €18,998.
Where can I find the annual accounts of RR RECYCLING?
RR RECYCLING filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RR RECYCLING due?
By 30-04-2027, for financial year 2026.Timeline

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