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SynPet Circularity Plant Antwerp

Active
Public limited companyfounded 2024active for 2 yearsFrankrijklei 5, 2000 Antwerpen, Belgium230 active companies are registered at this addressKBO/BCE: BE 1005.585.637

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SynPet Circularity Plant Antwerp has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.4m) and a net result of -€1.5m. Its solvency ranks better than 5% of 280 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Risk analysisFollow ReportCompare
SynPet Circularity Plant AntwerpActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 04-02-2024 Normal situation
Legal form
Public limited company
Registered office
Frankrijklei 5, 2000 Antwerpen
Activity
Waste collection, recovery and disposal activities NACE 38110and 4 others
Establishment unit
2.357.021.905 2000 Antwerpen, since 04-02-2024
Financial year end
31 December
Peppol
Reachable since 19-08-2026
Company details

Board and ownership

Board
Auditor
BRUNO VANDENBOSCH,REVISEUR D’ENTREPRISES
Shareholders
Board & ownership

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
-€1.3m
Loss
€1.5m
Equity
-€1.4m
Total assets
€7.4m
2025 accounts filed 2 days before the deadline
Filed on 29-07-2026at the National Bank
Financials
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 0.26, cash €21,300Negative equity -€1.4mSector: Waste collection, recovery and disposal activities (NACE 38)lowers riskSize: total assets €7.4mShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 20% of small companies in waste collection and treatment (NACE 38)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency 6
equity -18.9% of total assets
Liquidity 46
short-term debt 16.6% · cash 0.3%
Profitability 0
return on assets -20.3%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (201 companies, NACE 38, small)
Last 24 months 03-2025: 1.6% 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 2.0%▲ +0.4 percentage points vs 05-2025 07-2025: 2.3%▲ +0.3 percentage points vs 06-2025 08-2025: 2.3%● unchanged vs 07-2025 09-2025: 2.5%▲ +0.2 percentage points vs 08-2025 10-2025: 2.5%● unchanged vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.8%▲ +0.3 percentage points vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 2.8%● unchanged vs 02-2026highest value 04-2026: 2.8%● unchanged vs 03-2026highest value 05-2026: 2.8%● unchanged vs 04-2026highest value 06-2026: 2.8%● unchanged vs 05-2026highest value 07-2026: 2.8%● unchanged vs 06-2026highest value 08-2026: 1.5%▼ -1.3 percentage points vs 07-2026 09-2026: 1.5%● unchanged vs 08-2026 10-2026: 1.4%▼ -0.1 percentage points vs 09-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.26, below 1. Short-term debt is 16.6% and cash 0.3% of total assets. Equity is negative.
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 5% of them on solvency, 52% on liquidity and 3% on profitability.

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

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.26, cash €21,300
NBB · annual accounts
lowers risk · Size: total assets €7.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€1.4m
NBB · annual accounts
raises risk · Sector: Waste collection, recovery and disposal activities (NACE 38)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 29-07-2026, 2 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
2 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€1.4m View
  • Caution: Lower solvency than 95% of companies in waste collection and treatmentsector median 40.5% · 280 companies -18.9% View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about SynPet Circularity Plant Antwerp

What is the company number of SynPet Circularity Plant Antwerp?
The company number of SynPet Circularity Plant Antwerp is 1005.585.637. The VAT number is the same number with BE in front: BE 1005.585.637.
Where is SynPet Circularity Plant Antwerp based?
The registered office is at Frankrijklei 5, 2000 Antwerpen.Company details
What does SynPet Circularity Plant Antwerp do?
According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38110).
What is the legal form of SynPet Circularity Plant Antwerp?
The legal form of SynPet Circularity Plant Antwerp is Public limited company (NV).
When was SynPet Circularity Plant Antwerp founded?
SynPet Circularity Plant Antwerp was founded on 04-02-2024.
Is SynPet Circularity Plant Antwerp still active?
Yes, SynPet Circularity Plant Antwerp is an active enterprise in the KBO register.
What is the turnover of SynPet Circularity Plant Antwerp?
The annual accounts for financial year 2025 state no turnover.Financials
Is SynPet Circularity Plant Antwerp profitable?
In financial year 2025, SynPet Circularity Plant Antwerp made a loss of €1.5m.
Where can I find the annual accounts of SynPet Circularity Plant Antwerp?
SynPet Circularity Plant Antwerp filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank

Companies linked to SynPet Circularity Plant Antwerp

Comparable companies

These companies have the same main activity as SynPet Circularity Plant Antwerp: waste collection, recovery and disposal activities (NACE 38110). They are comparable in size and age: total assets between €2.1m and €23m, founded between 2012 and 2022.

CompanyTotal assetsGross margin
SynPet Circularity Plant Antwerp Antwerpen€7.4m-€1.3m
Green Create W2V Ghent Brussel€6.7m-€0.01m
BSC RECYCLING Gent€2.1m-€0.02m
PreZero Belgium Evergem€3.6m-
BRUCO SUD Sambreville€14.0m-
INTRADURA Drogenbos€23.1m-
Afval Alternatief Dessel€14.2m-
Full comparison

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