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'VAN THUYNE RECYCLING'

Active
Private limited companyfounded 2007active for 19 yearsNellekensstraat(NOK) 16, 9771 Kruisem, BelgiumKBO/BCE: BE 0886.310.576
Summary

'VAN THUYNE RECYCLING' has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €9,928. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 68% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 11-01-2007 Normal situation
Activity
Wholesale trade NACE 46872and 2 others
Joint committee
142.01 Paritair Subcomité voor de terugwinning van metalen · annual accounts 2024
Establishment unit
2.158.806.066 9771 Kruisem, since 04-01-2007
Financial year end
31 December
Peppol
Reachable since 29-09-2025

Board and ownership

Board
and 2 others

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€415,268
▼ 37.1%
Turnover
≈ €2.1m
estimated
Profit
€9,928
▼ 95.4%
Equity
€1.4m
▲ 0.7%
Total assets
€2.4m
▲ 7.3%
Score breakdownraises riskSector: Wholesale trade (NACE 46)lowers riskSize: total assets €2.4mFounded in 2007Figures for financial year 2025 (filed on 24-07-2026)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 86-4
equity 61.3% of total assets
Liquidity 53+10
short-term debt 29.5% · cash 12.2%
Profitability 69-12
return on assets 0.4%
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 0.2% (4,372 companies, NACE 46, small)
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: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.3%▲ +0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.91 (1.89 in 2024), above the usual 1.5. Short-term debt is 29.5% and cash 12.2% of total assets. 38.7% 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 46, small). It does better than 71% of them on solvency, 69% on liquidity, 59% on profitability and 38% on growth.

The bankruptcy probability was computed on 02-11-2026 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 riskraises riskneutral
lowers risk · Size: total assets €2.4m
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 · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 24-07-2026)
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
8 days early
2023
30 days late
2022
37 days late
2021
46 days late
2020
25 days late
2019
69 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 27 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 31 August (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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 €216,118 to €9,928 ▼ 95.4% View
  • Positive: More equity than 83% of companies in wholesale tradesector median €364,704 · 9,844 companies €1.4m View
  • Positive: 6 profitable years in a rowprofit 2025: €9,928 6 years View

Recent changes

  1. · Gazette deed Reappointments: VAN THUYNE Edwin, VAN THUYNE Thomas and 3 others
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as 'VAN THUYNE RECYCLING': wholesale trade (NACE 46872). They are comparable in size and age: total assets between €753,000 and €3.3m, founded between 1997 and 2012.

CompanyTotal assetsGross margin
'VAN THUYNE RECYCLING' Kruisem€2.4m€0.4m
Metaalhandel België Dessel€3.3m€0.4m
DE PEPPERS - RECYCLAGE Boortmeerbeek€2.0m€0.5m
MECA WEIGERT Gouvy€2.0m€0.3m
Dubaere 2.0 Lendelede€1.2m€0.3m
DEPOORTER DEMPSEY Staden€0.8m€0.2m
BADFRIDE TRADE SERVICES Putte€3.0m€0.1m
Full comparison

Key facts about 'VAN THUYNE RECYCLING'

What is the company number of 'VAN THUYNE RECYCLING'?
The company number of 'VAN THUYNE RECYCLING' is 0886.310.576. The VAT number is the same number with BE in front: BE 0886.310.576.
Where is 'VAN THUYNE RECYCLING' based?
The registered office is at Nellekensstraat(NOK) 16, 9771 Kruisem.Company details
What does 'VAN THUYNE RECYCLING' do?
According to the KBO register, the main activity is wholesale trade (NACE 46872).
What is the legal form of 'VAN THUYNE RECYCLING'?
The legal form of 'VAN THUYNE RECYCLING' is Private limited company (BV).
When was 'VAN THUYNE RECYCLING' founded?
'VAN THUYNE RECYCLING' was founded on 11-01-2007.
Is 'VAN THUYNE RECYCLING' still active?
Yes, 'VAN THUYNE RECYCLING' is an active enterprise in the KBO register.
How many employees does 'VAN THUYNE RECYCLING' have?
'VAN THUYNE RECYCLING' had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does 'VAN THUYNE RECYCLING' fall under?
In its 2024 annual accounts, 'VAN THUYNE RECYCLING' states joint committee 142.01 (Paritair Subcomité voor de terugwinning van metalen).
What is the turnover of 'VAN THUYNE RECYCLING'?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €415,268 and 138 comparable companies (NACE 46). It probably lies between €1.3m and €3.6m.
Is 'VAN THUYNE RECYCLING' profitable?
In financial year 2025, 'VAN THUYNE RECYCLING' made a profit of €9,928.
Where can I find the annual accounts of 'VAN THUYNE RECYCLING'?
'VAN THUYNE RECYCLING' filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of 'VAN THUYNE RECYCLING' due?
'VAN THUYNE RECYCLING' must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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