Waste collection, recovery and disposal activities
Filed accounts
NACE 38110 · financial year 2025 · 194 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 36.0% | 36.4% | 35.8% | 38.9% | 36.4% | 38.0% |
| Median net result | €44,014 | €70,619 | €50,959 | €44,339 | €37,721 | €33,112 |
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Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 19-10-2026 | MATRAS RECYCLING EU BELGIË
BE 0769.739.144 |
| 23-09-2026 | BKS Services
BE 0787.759.566 |
| 24-06-2026 | TYRE RECYCLING BELGIUM
BE 0806.415.042 |
| 28-05-2026 | GULDENTOPS
BE 0779.462.603 |
| 08-12-2025 | Van Paepegem, Melissa
BE 0829.288.137 · sole trader · Ninove |
| 27-10-2025 | Rekup
BE 0767.400.553 |
| 15-09-2025 | BELFORCE IMPEX
BE 0746.986.805 |
| 31-01-2025 | Dubois, Michael
BE 1002.846.574 · sole trader · Oupeye |
Spread across the country
by region and province · 254 of 391 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
The balance sheets of division 38 on the map, by municipality and down to the address
Largest employers
NACE 38110 as first main activity · staff from the latest accounts- 1 EcoWerf, Intergemeentelijk Milieubedrijf Oost-BrabantLeuven 404 FTEfinancial year 2025
- 2 Société intercommunale BEP-EnvironnementNamur 324 FTEfinancial year 2025
- 3 IDELUX EnvironnementArlon 294 FTEfinancial year 2025
- 4 Opdrachthoudend samenwerkingsverband Land van Aalst voor MilieuAalst 290 FTEfinancial year 2025
- 5 LIMBURG.NETHasselt 199 FTEfinancial year 2025
Joint committees
from the latest accounts of 93 companies- 200 Auxiliary committee for white-collar workers 44
- 140.03 Road transport and logistics for third parties 21
- 124 Construction 20
- 226 White-collar workers in international trade, transport and logistics 18
- 121 Cleaning 16
- 142.04 Recovery of raw materials 11
- 142.03 Recovery of raw materials 5
- 100 Auxiliary committee for blue-collar workers 4
Show the 12 others
- 140 Transport and logistics 3
- 142.01 Recovery of raw materials 3
- 145 Horticulture 2
- 335 Services and support for business and the self-employed 2
- 111 Metal, mechanical and electrical engineering 1
- 116 Chemical industry 1
- 120 Textile industry 1
- 127 Fuel trade 1
- 132 Technical farming and horticulture work 1
- 139 Inland shipping 1
- 140.01 Buses and coaches 1
- 140.04 Airport ground handling 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 38: Waste collection and treatment
Related activities
1 other activity| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Waste collection, recovery and disposal activities38120 | 30 | 1 | 0 | 540 |
Bankruptcies per year in division 38
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 16 | 19 | 13 | 10 | 15 | 11 | 13 | 8 | 18 | 14 | 20 | 12 |
| Jobs lost | 29 | 93 | 31 | 10 | 26 | 28 | 23 | 8 | 44 | 53 | 38 | 45 |
2026 through June. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.
Staff cost per FTE in NACE division 38
379 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €63,000 | €52,400 to €76,100 | 172 |
| 10 to 49 FTE | €70,300 | €57,600 to €81,600 | 143 |
| 50 to 249 FTE | €72,600 | €67,100 to €87,700 | 50 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Foreign control in NACE division 38
983 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €79.2m awarded
- Wallonia-Brussels Federation €498,572 paid
- Federal transfers 143.3m amount as published
- EU budget €28.0m attributed share
- EU research €17.7m EU contribution
Insights on Waste collection, recovery and disposal activities
Balance sheet and result. The median net result of €33,112 is above Belgium's €16,500. Return on equity of 11.1% is below Belgium's 15.9%. Liquidity of 1.34 is below Belgium's 1.66.
Bankruptcies. In 12 months, 12.8 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 93% of the 88 NACE divisions. The median bankruptcy probability of 0.4% is above Belgium's 0.2%.
Inflow and structure. In 12 months, 14.8 of 100 companies started, against 8.9 in Belgium. That is more than in 93% of the 87 NACE divisions. Wallonia holds 30.7% of the seats, against 22.7% in Belgium. 35.0% of the companies are sole traders, against 41.6% in Belgium.
Staff and filing. The 5 largest employers hold 1,510 of the 2,870 FTE: 52.6%.
Direction. Median solvency rose from 36.0% in financial year 2020 to 38.0% in financial year 2025. The median net result fell from €44,014 in financial year 2020 to €33,112 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 05:30.
Method and sources
Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 38110 exists.
The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.
The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 registrations publish no activity.
Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.