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Wery Recyclage

Active
Private limited companyfounded 1996active for 30 yearsRue des Petits Gravelots 5, 4300 Waremme, BelgiumKBO/BCE: BE 0459.017.361
Summary

The computed 12-month bankruptcy probability of Wery Recyclage is 1.7% (moderate). The 2025 annual accounts show equity of €186,949 and a net result of €69,147. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 21% of 256 sector peers (NACE 38, financial year 2025). The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 16-10-1996 Normal situation
Activity
Materials recovery from waste NACE 38210and 6 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025and 1 other
Establishment unit
2.079.182.924 4300 Waremme, since 21-11-1996
Financial year end
31 December
Peppol
Reachable since 17-04-2025

Board and ownership

Board
  • GLMDirector · since 03-10-2024 · permanent representative LEMESTRÉ Gaétan
  • LD INVESTDirector · since 03-10-2024 · permanent representative LUCAS David
Shareholders
  • GLM· score 67annual accounts 2025
  • LD Invest· score 93annual accounts 2025

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€1.1m
▲ 68.6%
Turnover
≈ €1.9m
estimated
Profit
€69,147
Equity
€186,949
▲ 55.5%
Total assets
€1.6m
▲ 10.9%
Employees on 31-12-2025
13
▲ 18.2%
Score breakdownraises riskEquity €186,949 (11.4% of total assets)1 change of registered office in 24 monthsSector: Waste collection, recovery and disposal activities (NACE 38)Liquidity: current ratio 0.50, cash €81,195Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 44% of small companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Weak
Solvency 36+3
equity 11.4% of total assets
Liquidity 21+7
short-term debt 66.3% · cash 5.0%
Profitability 74+26
return on assets 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (201 companies, NACE 38, small)
Last 24 months 12-2024: 2.6% 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.5%▼ -0.1 percentage points vs 02-2025 04-2025: 2.6%▲ +0.1 percentage points vs 03-2025 05-2025: 3.0%▲ +0.4 percentage points vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025 07-2025: 3.1%▲ +0.2 percentage points vs 06-2025 08-2025: 3.0%▼ -0.1 percentage points vs 07-2025 09-2025: 3.0%● unchanged vs 08-2025 10-2025: 3.9%▲ +0.9 percentage points vs 09-2025 11-2025: 3.9%● unchanged vs 10-2025 12-2025: 3.9%● unchanged vs 11-2025 01-2026: 3.8%▼ -0.1 percentage points vs 12-2025 02-2026: 3.9%▲ +0.1 percentage points vs 01-2026 03-2026: 3.8%▼ -0.1 percentage points vs 02-2026 04-2026: 4.0%▲ +0.2 percentage points vs 03-2026 05-2026: 4.6%▲ +0.6 percentage points vs 04-2026highest value 06-2026: 4.4%▼ -0.2 percentage points vs 05-2026 07-2026: 4.5%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▼ -2.8 percentage points vs 07-2026lowest value 09-2026: 1.7%● unchanged vs 08-2026lowest value 10-2026: 1.7%● unchanged vs 09-2026lowest value 11-2026: 1.7%● unchanged vs 10-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.5 (0.56 in 2024), below 1. Short-term debt is 66.3% and cash 5% of total assets. 88.6% 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 38, small). It does better than 14% of them on solvency, 10% on liquidity, 63% on profitability and 89% on growth.

The bankruptcy probability was computed on 03-11-2026 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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Signals

Six signals.
raises riskneutral
raises risk · Equity €186,949 (11.4% of total assets)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Waste collection, recovery and disposal activities (NACE 38)
KBO
raises risk · Liquidity: current ratio 0.50, cash €81,195
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 256 sector peers (2025).
NBB · sector comparison
Position among 256 sector peers
Solvency
better than 21%
← weakest strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
16 days early
2024
on the day
2023
31 days late
2022
30 days late
2021
29 days late
2020
23 days late
2019
90 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 38), the median for financial year 2024 was 8 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 29 August (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
04-11-2026 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: Back in profit in 2025after a loss of €23,440 in 2024 €69,147 View

Recent changes

  1. · Gazette deed Company renamed from PHILIPPE WERY to Wery RecyclageRegistered office moved from Geer to Waremme · New seat: 4300 Waremme, Rue du petit Gravelot 5 · Previous seat: 4252 Geer, Rue des Broucks(OM) 73
  2. · Gazette deed 2 directors appointed, 1 director resigningResignation: Philippe WERY (director) · Appointments: LD Invest (director) and GLM (director) · Permanent representatives: David LUCAS and Gaëtan LEMESTRE
  3. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as Wery Recyclage: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €1.2m and €3.7m, founded between 1994 and 2000.

CompanyTotal assetsGross margin
Wery Recyclage Waremme€1.6m€1.1m
RULO Pecq€2.0m€0.8m
Indaver Separation Technologies Antwerpen€2.2m€1.3m
Shred-it Belgium Vorst€2.3m€1.7m
YVES MAENHOUT Tielt€2.3m€0.7m
VS Rubber Recycling nv Dilsen-Stokkem€1.2m€0.7m
RECYLIEGE Liège€3.7m€1.1m
Full comparison

Key facts about Wery Recyclage

What is the company number of Wery Recyclage?
The company number of Wery Recyclage is 0459.017.361. The VAT number is the same number with BE in front: BE 0459.017.361.
Where is Wery Recyclage based?
The registered office is at Rue des Petits Gravelots 5, 4300 Waremme.Company details
What does Wery Recyclage do?
According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
What is the legal form of Wery Recyclage?
The legal form of Wery Recyclage is Private limited company (BV).
When was Wery Recyclage founded?
Wery Recyclage was founded on 16-10-1996.
Is Wery Recyclage still active?
Yes, Wery Recyclage is an active enterprise in the KBO register.
How many employees does Wery Recyclage have?
Wery Recyclage had an average of 12.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Wery Recyclage fall under?
In its 2025 annual accounts, Wery Recyclage states joint committees 124 (Paritair Comité voor het bouwbedrijf), 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden), 200 (Aanvullend Paritair Comité voor de bedienden) and 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of Wery Recyclage?
The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €1.1m and 1,584 comparable companies of the same size. It probably lies between €1.3m and €3.1m. It is a rough estimate. In financial year 2018 turnover was €1.7m.
Is Wery Recyclage profitable?
In financial year 2025, Wery Recyclage made a profit of €69,147.
Where can I find the annual accounts of Wery Recyclage?
Wery Recyclage filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Wery Recyclage due?
Wery Recyclage must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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