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Van Hulle Recycling

Active
Private limited companyfounded 2012active for 14 yearsE 3 laan 103, 9800 Deinze, BelgiumKBO/BCE: BE 0846.496.630
Summary

Van Hulle Recycling has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €273,408 and a net result of €47,196. Equity has been growing by about 25% per year since 2019. Its solvency ranks better than 23% of 49 sector peers (NACE 39, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-06-2012 Normal situation
Activity
Remediation activities and other waste management service activities NACE 39000
Establishment unit
2.210.245.265 9800 Deinze, since 11-06-2012
Financial year end
31 December
Peppol
Reachable since 01-09-2025

Board and ownership

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€215,955
▲ 39.6%
Turnover
≈ €540,000
estimated
Profit
€47,196
▲ 33.4%
Equity
€273,408
▲ 20.9%
Total assets
€1.5m
▲ 22.6%
  • 2025 accounts filed 20 days after the deadline
Score breakdownraises riskSector: Remediation activities and other waste management service activities (NACE 39)lowers riskSize: total assets €1.5mFigures for financial year 2025 (filed on 22-08-2026)Founded in 2012Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in remediation (NACE 39)
Financial strength · tick: 2024
Average
Solvency 43-1
equity 18.4% of total assets
Liquidity 28-4
short-term debt 54.0% · cash 4.8%
Profitability 73+1
return on assets 3.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.9% (91 companies, NACE 39, micro)
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: 0.2%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.4 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.12 (0.17 in 2024), below 1. Short-term debt is 54% and cash 4.8% of total assets. 81.6% 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 39, micro). It does better than 30% of them on solvency, 25% on liquidity, 47% on profitability and 60% 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

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €1.5m
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 · Figures for financial year 2025 (filed on 22-08-2026)
NBB · annual accounts
raises risk · Sector: Remediation activities and other waste management service activities (NACE 39)
KBO
lowers risk · Founded in 2012
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 · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 49 sector peers (2025).
NBB · sector comparison
Position among 49 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 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 · 10 filings
Deviation from the deadline
2025
20 days late
2024
35 days early
2023
9 days late
2022
9 days late
2021
4 days late
2020
28 days late
2019
25 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 9 days after the deadline. In the sector (NACE 39), the median for financial year 2024 was 9 days before the deadline, and 34% 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 10 August (3 of the last 3 accounts filed within 45 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

  • Positive: More equity than 93% of companies in remediationsector median €56,347 · 49 companies €273,408 View
  • Positive: 7 profitable years in a rowprofit 2025: €47,196 7 years View

Recent changes

  1. · Gazette deed Resignations: VAN HULLE Koen (statutory manager) and DUCATTEEUW Marieka (statutory manager)Reappointments: VAN HULLE Koen (statutory director) and DUCATTEEUW Marieka (statutory director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as Van Hulle Recycling: remediation activities and other waste management service activities (NACE 39000). They are comparable in size and age: total assets between €632,000 and €2m, founded between 2005 and 2017.

CompanyTotal assetsGross margin
Van Hulle Recycling Deinze€1.5m€0.2m
LEMBIO Kaprijke€1.4m€0.1m
INJECTIS Gavere€1.8m€0.7m
BOBRIK Ranst€2.0m€0.3m
VergoMax Kortrijk€0.6m€0.3m
TRADEVA Elsene€0.9m€0.2m
TERRACORRECT Wevelgem€2.0m€0.7m
Full comparison

Key facts about Van Hulle Recycling

What is the company number of Van Hulle Recycling?
The company number of Van Hulle Recycling is 0846.496.630. The VAT number is the same number with BE in front: BE 0846.496.630.
Where is Van Hulle Recycling based?
The registered office is at E 3 laan 103, 9800 Deinze.Company details
What does Van Hulle Recycling do?
According to the KBO register, the main activity is remediation activities and other waste management service activities (NACE 39000).
What is the legal form of Van Hulle Recycling?
The legal form of Van Hulle Recycling is Private limited company (BV).
When was Van Hulle Recycling founded?
Van Hulle Recycling was founded on 07-06-2012.
Is Van Hulle Recycling still active?
Yes, Van Hulle Recycling is an active enterprise in the KBO register.
What is the turnover of Van Hulle Recycling?
The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €215,955 and 2,211 comparable companies of the same size. It probably lies between €360,000 and €840,000. It is a rough estimate.Financials
Is Van Hulle Recycling profitable?
In financial year 2025, Van Hulle Recycling made a profit of €47,196.
Where can I find the annual accounts of Van Hulle Recycling?
Van Hulle Recycling filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Van Hulle Recycling due?
Van Hulle Recycling must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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