Zero Waste Europe
ActiveSummary
The annual accounts of Zero Waste Europe for financial year 2025 show a net loss of 50% of the equity at the start of that year. The 2025 annual accounts show equity of €230,869 and a net result of -€234,515. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 9% of 317 sector peers (NACE 94, financial year 2025). The association has been active since 2015 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- 21.9 FTE
- Equity
- €230,869
- Deficit
- -€234,515
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €234,515 (financial year 2025)lowers riskLegal form: int'l non-profit associationSector: Activities of membership organisations (NACE 94)Liquidity: current ratio 4.50, cash €951,134Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 94, small): better than 9% on solvency, 63% on liquidity, 6% on profitability and 6% on growth.
The bankruptcy probability was computed on 15-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 57 days before the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€234,515
- Reappointments: Juliette Franquet, Jaka Kranjc and…Gazette deed
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €201,476 after €95,277 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 94, Activities of membership organisations: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 912 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.3% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 912 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €0.01m | €0.05m | €0.2m | €0.09m | ▼ 42.7% |
| Membership fees, donations, legacies and grants73 | - | - | - | €3.3m | €4.3m | €4.5m | €5.1m | €4.5m | ▼ 11.5% |
| Non-recurring operating income76A | - | - | - | €0.002m | €152 | - | - | €0.001m | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €2.0m | €2.6m | €2.6m | €3.2m | €2.6m | ▼ 19.7% |
| Remuneration, social security and pensions62 | - | - | - | €1.2m | €1.7m | €1.9m | €1.9m | €1.8m | ▼ 6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.005m | €0.005m | €0.007m | €0.009m | €0.007m | €0.006m | €0.004m | ▼ 29.1% |
| Other operating charges640/8 | - | - | - | - | - | €70 | €338 | - | - |
| Non-recurring operating charges66A | - | - | - | €0.001m | - | - | - | €0.4m | - |
| Gross operating margin9900 | €0.5m | €0.6m | €0.9m | €1.3m | €1.8m | €2.0m | €2.0m | €2.0m | ▼ 1.0% |
| Operating profit (loss)9901 | €0.02m | €0.04m | €0.09m | €0.1m | €0.07m | €0.08m | €0.1m | -€0.2m | - |
| Financial income75/76B | - | - | - | - | €35 | €44 | €0.001m | €0.006m | ▲ 1,158% |
| Recurring financial income75 | €113 | €45 | €69 | - | €35 | €44 | €0.001m | €0.006m | ▲ 1,158% |
| Financial charges65/66B | - | - | - | €0.004m | €0.004m | €0.004m | €0.008m | €0.04m | ▲ 384% |
| Recurring financial charges65 | €0.002m | €0.002m | €0.004m | €0.004m | €0.004m | €0.004m | €0.008m | €0.04m | ▲ 384% |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.04m | €0.08m | €0.09m | €0.07m | €0.07m | €0.09m | -€0.2m | - |
| Profit (loss) for the period9904 | €0.02m | €0.04m | €0.08m | €0.09m | €0.07m | €0.07m | €0.09m | -€0.2m | - |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.04m | €0.08m | €0.09m | €0.07m | €0.07m | €0.09m | -€0.2m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.9m | €1.4m | €3.5m | €4.2m | €4.3m | €5.2m | €4.7m | €2.8m | ▼ 39.6% |
| Fixed assets21/28 | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | €0.04m | €0.02m | €0.02m | ▲ 15.3% |
| Tangible fixed assets22/27 | €0.007m | €0.008m | €0.01m | €0.01m | €0.01m | €0.005m | €0.005m | €0.008m | ▲ 51.7% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | €0.005m | €0.005m | €0.008m | ▲ 51.7% |
| Financial fixed assets28 | €0.007m | €0.006m | €0.006m | €0.006m | €0.01m | €0.03m | €0.01m | €0.01m | = |
| Current assets29/58 | €0.9m | €1.4m | €3.5m | €4.2m | €4.3m | €5.1m | €4.6m | €2.8m | ▼ 39.8% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | €0.08m | €0.05m | ▼ 33.3% |
| Trade receivables290 | - | - | - | - | - | - | €0 | - | - |
| Other amounts receivable291 | - | - | - | - | - | - | €0.08m | €0.05m | ▼ 33.3% |
| Amounts receivable within one year40/41 | €0.3m | €0.7m | €1.9m | €1.8m | €2.9m | €3.8m | €3.1m | €1.8m | ▼ 44.0% |
| Trade receivables40 | - | - | - | €75 | - | €0.05m | €0.08m | €0.08m | ▼ 2.5% |
| Other amounts receivable41 | - | - | - | €1.8m | €2.9m | €3.8m | €3.0m | €1.7m | ▼ 45.1% |
| Current investments50/53 | - | - | - | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.6m | €0.7m | €1.6m | €2.3m | €1.4m | €1.3m | €1.4m | €1.0m | ▼ 32.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.03m | ▲ 129% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.9m | €1.4m | €3.5m | €4.2m | €4.3m | €5.2m | €4.7m | €2.8m | ▼ 39.6% |
| Equity10/15 | €0.02m | €0.06m | €0.1m | €0.2m | €0.3m | €0.4m | €0.5m | €0.2m | ▼ 50.4% |
| Contributions10/11 | - | - | - | - | - | - | €50 | €50 | = |
| Capital10 | - | - | - | - | - | - | €50 | €50 | = |
| Reserves13 | - | - | - | €0.2m | €0.3m | €0.4m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | -€0.004m | - | - | - | - | - | - | -€0.2m | - |
| Amounts payable17/49 | €0.9m | €1.3m | €3.3m | €4.0m | €4.0m | €4.8m | €4.2m | €2.6m | ▼ 38.4% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €1.0m | €0.8m | €1.2m | €1.3m | €1.2m | €0.6m | ▼ 49.5% |
| Trade debts44 | €0.1m | €0.06m | €0.03m | €0.05m | €0.08m | €0.1m | €0.04m | €0.04m | ▲ 0.2% |
| Suppliers440/4 | - | - | - | €0.05m | €0.08m | €0.1m | €0.04m | €0.04m | ▲ 0.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▲ 0.6% |
| Taxes450/3 | - | - | - | €0.02m | €0.05m | €0.06m | - | - | - |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 0.6% |
| Accrued charges and deferred income492/3 | - | - | - | €3.1m | €2.9m | €3.5m | €3.0m | €2.0m | ▼ 33.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,000 | €40,000 | €82,783 | €91,500 | €68,563 | €73,537 | €87,639 | -€234,515 | - |
| + Depreciation and write-downs630 | €2,869 | €4,543 | €5,426 | €6,975 | €8,687 | €7,481 | €5,861 | €4,157 | ▼ 29.1% |
| Operating cash flow (approximation) | €22,869 | €44,543 | €88,209 | €98,475 | €77,249 | €81,018 | €93,500 | -€230,358 | - |
| Investment in fixed assets (approximation) | - | -€4,337 | -€7,583 | -€11,701 | -€12,088 | -€20,459 | €13,162 | -€6,921 | - |
| Change in cash | - | €111,594 | €926,035 | €750,455 | -€938,582 | -€113,509 | €124,599 | -€462,397 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 10-06-2026 | 2026-00150351 |
| 31-12-2024 | abbreviated format | 17-06-2025 | 2025-00148661 |
| 31-12-2023 | abbreviated format | 17-05-2024 | 2024-00089636 |
| 31-12-2022 | abbreviated format | 15-06-2023 | 2023-00127616 |
| 31-12-2021 | abbreviated format | 29-04-2022 | 2022-20018755 |
| 31-12-2020 | abbreviated format | 22-04-2021 | 2021-10900267 |
| 31-12-2019 | abbreviated format | 13-08-2020 | 2020-41600069 |
| 31-12-2018 | abbreviated format | 11-07-2019 | 2019-31500440 |
| 31-12-2017 | abbreviated format | 17-09-2018 | 2018-63100462 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
This int'l non-profit association has no shareholders or capital.
History
Acts, filings and financial milestones
10-07
Gazette deed
Reappointments: Juliette Franquet, Jaka Kranjc and Melinda O'Brien9 facts ▸
- General meeting, “keurt unaniem het nieuwe werkingsplan 2025-2030 goed” (deed in Dutch)
- General meeting, “keurt unaniem de rekeningen van 2024 goed” (deed in Dutch)
- General meeting, “verleent unaniem kwijting van verantwoordelijkheid van het bestuur voor 2024” (deed in Dutch)
- General meeting, “keurt unaniem de definitieve begroting voor 2025 goed” (deed in Dutch)
- General meeting, “keurt unaniem de voorlopige begroting voor 2026 goed” (deed in Dutch)
- Director reappointment, Juliette Franquet (director)
- Director reappointment, Jaka Kranjc (director)
- Director reappointment, Melinda O'Brien (director)
- Director in office, Esra Tat (day-to-day manager)
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 16 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21805E0462/00V002 | Brussels | 1,204 m² | 1 · 920 m² | 34.0 m · 9 |