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SUSTY WASTES SOLUTIONS

Active
Private limited companyfounded 2020active for 6 yearsRue Thier du Ry 5, 4671 Blégny, BelgiumKBO/BCE: BE 0746.535.754
Summary

SUSTY WASTES SOLUTIONS has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €327,932 and a net result of €66,615. Equity has been growing by about 30% per year since 2021. Its solvency ranks better than 55% of 239 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-04-2020 Normal situation
Registered office
14 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Other research and development on natural sciences NACE 72109and 1 other
Establishment unit
2.307.519.835 4671 Blégny, since 27-04-2020
Financial year end
31 December
Peppol
Reachable since 09-10-2025

Board and ownership

Board
  • MGC Holding SRLDirector · since 30-07-2024
Shareholders
  • MGC HOLDING· score 932025 annual accounts of MGC HOLDING
Holdings
Shares in 1 company SAS SUSTY WASTES SOLUTIONS FRANCE

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€134,908
▼ 30.0%
Turnover
≈ €340,000
estimated
Profit
€66,615
▼ 52.7%
Equity
€327,932
▲ 25.5%
Total assets
€548,782
▼ 54.0%
Filed on 20-05-2026, 72 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 3.71, cash €401,790, halvedSector: Scientific research and development (NACE 72)Size: total assets €548,782Equity €327,932 (59.8% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of micro companies in research and development (NACE 72)
Financial strength · tick: 2024
Strong
Solvency 85+38
equity 59.8% of total assets
Liquidity 89+17
short-term debt 27.0% · cash 73.2%
Profitability 84=
return on assets 12.1%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (935 companies, NACE 72, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.71 (1.83 in 2024), above the usual 1.5. Short-term debt is 27% and cash 73.2% of total assets. 40.2% 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 72, micro). It does better than 52% of them on solvency, 78% on liquidity, 62% on profitability and 78% on growth.

The bankruptcy probability was computed on 01-11-2026 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 riskneutral
lowers risk · Liquidity: current ratio 3.71, cash €401,790, halved
NBB · annual accounts
lowers risk · Sector: Scientific research and development (NACE 72)
KBO
lowers risk · Size: total assets €548,782
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 · Equity €327,932 (59.8% of total assets)
NBB · annual accounts
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 20-05-2026, 72 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
72 days early
2024
14 days early
2023
35 days early
2022
17 days early
2021
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 32 days before the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 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 8 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
02-11-2026 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

  • Caution: Result fell in 2025from €140,805 to €66,615 ▼ 52.7% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €66,615 5 years View

Recent changes

  1. · Gazette deed Appointment: LIBRA AUDIT & ASSURANCE SRL (statutory auditor)
  2. · Gazette deed Demerger proposal: SUSTY WASTES SOLUTIONS splits off to SWS BELGIUM HOLDINGPermanent representative: MASSON Yann
  3. · Gazette deed Demerger proposal: SUSTY WASTES SOLUTIONS splits off to SWS BELGIUM HOLDING
All 15 events

Comparable companies

These companies have the same main activity as SUSTY WASTES SOLUTIONS: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €400,000 and €605,000, founded between 2019 and 2020.

CompanyTotal assetsGross margin
SUSTY WASTES SOLUTIONS Blégny€548,782€134,908
RAIN Ukkel€554,963€98,348
FixForm Tienen€473,142€116,548
ND_Solutions Grimbergen€581,913€127,271
EUROPEAN CARD PAYMENT COOPERATION Brussel€400,476€147,170
Karos Healthcare Consulting Vosselaar€523,264€175,226
BGTech project Jodoigne€605,171€214,708
Full comparison

Key facts about SUSTY WASTES SOLUTIONS

What is the company number of SUSTY WASTES SOLUTIONS?
The company number of SUSTY WASTES SOLUTIONS is 0746.535.754. The VAT number is the same number with BE in front: BE 0746.535.754.
Where is SUSTY WASTES SOLUTIONS based?
The registered office is at Rue Thier du Ry 5, 4671 Blégny.Company details
What does SUSTY WASTES SOLUTIONS do?
According to the KBO register, the main activity is other research and development on natural sciences (NACE 72109).
What is the legal form of SUSTY WASTES SOLUTIONS?
The legal form of SUSTY WASTES SOLUTIONS is Private limited company (BV).
When was SUSTY WASTES SOLUTIONS founded?
SUSTY WASTES SOLUTIONS was founded on 27-04-2020.
Is SUSTY WASTES SOLUTIONS still active?
Yes, SUSTY WASTES SOLUTIONS is an active enterprise in the KBO register.
What is the turnover of SUSTY WASTES SOLUTIONS?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €134,908 and 1,647 comparable companies of the same size. It probably lies between €210,000 and €640,000. It is a rough estimate.Financials
Is SUSTY WASTES SOLUTIONS profitable?
In financial year 2025, SUSTY WASTES SOLUTIONS made a profit of €66,615.
Where can I find the annual accounts of SUSTY WASTES SOLUTIONS?
SUSTY WASTES SOLUTIONS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SUSTY WASTES SOLUTIONS due?
SUSTY WASTES SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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