Well Recup
ActiveWell Recup has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €3k. Equity is shrinking by ~23% per year across the filed fiscal years. Its solvency ranks better than 47% of 173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
78
/ 100
Excellent▲ +41 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency55▲+17
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.09 in 2024), and 67.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.3%
Return on assets
6.6%
Age of the figures
9 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
43 d early
2023
22 d early
2022
42 d early
2021
37 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▲ 25.8%
2024 · €13k
2018: €78k
2019: €80k
2020: €61k
2021: €61k
2022: €61k
2023: €28k
2024: €13k
2018 → 2025
Total assets
€51k▼ 5.6%
2024 · €55k
2018: €93k
2019: €119k
2020: €147k
2021: €85k
2022: €100k
2023: €82k
2024: €55k
2018 → 2025
Net result
€3k
2024 · €-15k
2018: €1k
2019: €1k
2020: €657
2021: €11k
2022: €21k
2023: €9k
2024: €-15k
2018 → 2025
Working capital
€7k▲ 87.3%
2024 · €4k
2018: €69k
2019: €70k
2020: €52k
2021: €52k
2022: €52k
2023: €18k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€61k=€28k▼ 54.5%€13k▼ 52.5%€17k▲ 25.8%
Operating result€16k-€28k▲ 78.1%€13k▼ 53.1%€-14k€-12k▲ 19.9%
Net result€11k-€21k▲ 87.5%€9k▼ 54.6%€-15k€3k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €14k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€9k=
Current assets
€42k▼ 6.7%
Equity and liabilities €51k
Equity
€17k▲ 25.8%
Debt
€35k▼ 15.6%
The debt ratio falls from 75.8% to 67.7%: equity grows while debt is paid down.
Key figures and ratios
Solvency
32.3%▲
2024 · 24.2%
Current ratio
1.21▲
2024 · 1.09
Quick ratio
1.21▲
2024 · 1.09
Debt / equity
2.10▼
2024 · 3.13
ROE
20.5%▲
2024 · -110.6%
ROA
6.6%▲
2024 · -26.8%
Debt
€35k▼
2024 · €41k
Debt ≤ 1 year
€35k▼
2024 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€55k€51k▼
Fixed assets21/28€9k€9k=
Financial fixed assets28€9k€9k=
Current assets29/58€45k€42k▼
Amounts receivable within one year40/41€29k€21k▼
Trade receivables40€27k€21k▼
Other amounts receivable41€2k-
Cash at bank and in hand54/58€14k€21k▲
Deferred charges and accrued income490/1€2k€5▼
Equity and liabilities
Total equity and liabilities10/49€55k€51k▼
Equity10/15€13k€17k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-12k€-8k▲
Amounts payable17/49€41k€35k▼
Amounts payable within one year42/48€41k€35k▼
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€25k€25k=
Income statement
Code20242025
Other operating charges640/8€182€186▲
Gross operating margin9900€-14k€-11k▲
Operating profit (loss)9901€-14k€-12k▲
Financial income75/76B-€15k
Recurring financial income75-€15k
Financial charges65/66B€230€84▼
Recurring financial charges65€230€84▼
Profit (loss) for the period before taxes9903€-15k€3k▲
Profit (loss) for the period9904€-15k€3k▲
Profit (loss) for the period to be appropriated9905€-15k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-8k▲
Profit (loss) brought forward from the previous period14P-€-12k
Transfer from equity791/2€3k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-15k ▼256%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €21k ▲87.5%
Operating result €28k, net result €21k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gladioolstraat 222440 GeelGround area
2,253 m²
Building footprint
358 m²
Volume, LiDAR
1,673 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WELL RECUP
since 20092.179.930.983
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373L0845/00L000 | Flanders | 1,319 m² | 1 · 194 m² | 8.1 m · 2 fl. |
| 11027A0105/00B003 | Flanders | 933 m² | 1 · 165 m² | 5.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RP RECYCLING
BE 0845.104.481
Bocholt · Eq €17k
RECY - TRI
BE 0472.168.680
Saint-Ghislain · Eq €17k
Rioolexpert
BE 0563.763.406
Rotselaar · Eq €16k
ECOCIM
BE 0782.861.957
Chimay · Eq €16k
Energy4Circle
BE 0898.553.560
Farciennes · Eq €18k
Of 974 companies in sector 38210 we hold annual accounts for 582. 137 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2009
Fiscal year end31-12
Activities, NACEBEL
38210Materials recovery from waste
38321Waste collection, recovery and disposal activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.