SANEL RECYCLING
ActiveFrom the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
SANEL RECYCLING has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.7m and a net result of €136,199, of which €461,173 non-recurring income. Equity has been growing by about 17% per year since 2019. Its solvency ranks better than 55% of 280 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
KBO- Status
- Active since 18-04-2006 Normal situation
- Activity
- Waste collection, recovery and disposal activities NACE 38330and 5 others
- Establishment unit
- 2.154.636.452 9900 Eeklo, since 24-04-2006
- Financial year end
- 30 September
- Peppol
- Reachable
Board and ownership
- L&A TRANSDirector · since 08-11-2025 · permanent representative Erik Doets
- Holdings
- Shares in 1 company E & S RECYCLING
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Turnover
- €8.9m
- ▼ 12.8%
- Profit
- €136,199
- ▼ 79.0%
- Equity
- €4.7m
- ▲ 3.0%
- Total assets
- €10.5m
- ▲ 0.4%
- Staff
- 12.1 FTE
- ▼ 0.8%
Score breakdownraises riskLiquidity: current ratio 1.12, cash €295,982Size: turnover €8.9m, 12.1 FTE, total assets €10.5mlowers riskFounded in 2006Figures for financial year 2025 (filed on 24-04-2026)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, small). It does better than 63% of them on solvency, 42% on liquidity, 73% on profitability and 34% 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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Signals
The company filed its last 7 accounts on average 19 days before 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)
Key points
- Result fell in 2025the 2024 profit included a one-off income of €1.4m ▼ 79.0% View
- Caution: Board changedlatest change 08-11-2025 · 1 in office 1 joined · 1 left View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 7 profitable years in a rowprofit 2025: €136,199, mostly one-off 7 years View
- Flemish supportawarded from 2022 to 2025 €91,908 View
Comparable companies
These companies have the same main activity as SANEL RECYCLING: waste collection, recovery and disposal activities (NACE 38330). They are comparable in size and age: total assets between €5.3m and €14m, founded between 1995 and 2007.
| Company | Total assets | Turnover |
|---|---|---|
| SANEL RECYCLING Eeklo | €10.5m | €8.9m |
| OILCO Saint-Ghislain | €7.5m | €9.3m |
| LAMMERTYN.NET Beveren-Kruibeke-Zwijndrecht | €5.8m | €10.0m |
| MAC² SOLUTIONS Antwerpen | €14.2m | €11.8m |
| RECYMEX Saint-Ghislain | €6.9m | €5.7m |
| Containerdienst Thienpont Gent | €5.3m | - |
| REBUCO Geraardsbergen | €7.1m | - |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 21-04-2026
- Annual accounts 2024filed on 22-04-2025
- Annual accounts 2023filed on 12-04-2024
- Annual accounts 2022filed on 07-04-2023
Acts in the Belgian Official Gazette
- Purpose · Amendment of the articles · Miscellaneousact of 23-10-2026
- Resignations & appointmentsact of 21-01-2026
- Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsact of 23-01-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about SANEL RECYCLING
- What is the company number of SANEL RECYCLING?
- The company number of SANEL RECYCLING is 0880.889.761. The VAT number is the same number with BE in front: BE 0880.889.761.
- Where is SANEL RECYCLING based?
- The registered office is at Nieuwendorpe 53, 9900 Eeklo.Company details
- What does SANEL RECYCLING do?
- According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38330).
- What is the legal form of SANEL RECYCLING?
- The legal form of SANEL RECYCLING is Private limited company (BV).
- When was SANEL RECYCLING founded?
- SANEL RECYCLING was founded on 18-04-2006.
- Is SANEL RECYCLING still active?
- Yes, SANEL RECYCLING is an active enterprise in the KBO register.
- How many employees does SANEL RECYCLING have?
- SANEL RECYCLING had an average of 12.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SANEL RECYCLING?
- The turnover of SANEL RECYCLING was €8.9m in financial year 2025, according to the filed annual accounts.
- Is SANEL RECYCLING profitable?
- In financial year 2025, SANEL RECYCLING made a profit of €136,199.
- Where can I find the annual accounts of SANEL RECYCLING?
- SANEL RECYCLING filed 19 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 SANEL RECYCLING due?
- SANEL RECYCLING must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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