BW-METALRECUP
ActiveSummary
BW-METALRECUP has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €507. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 43% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▲+46
Solvency53▲+2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
21 d late
2022
31 d late
2021
45 d late
2020
223 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k▲ 13.0%
2024 · €4k
2018: €15k
2019: €4k
2020: €-249
2021: €7k
2022: €9k
2023: €12k
2024: €4k
2018 → 2025
Total assets
€16k▲ 5.6%
2024 · €15k
2018: €45k
2019: €27k
2020: €12k
2021: €23k
2022: €29k
2023: €22k
2024: €15k
2018 → 2025
Net result
€507
2024 · €-8k
2018: €-322
2019: €-11k
2020: €-4k
2021: €7k
2022: €2k
2023: €3k
2024: €-8k
2018 → 2025
Working capital
€-1k▲ 25.8%
2024 · €-2k
2018: €-2k
2019: €-9k
2020: €-9k
2021: €-646
2022: €1k
2023: €6k
2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€9k▲ 31.7%€12k▲ 33.4%€4k▼ 67.7%€4k▲ 13.0%
Operating result€8k-€3k▼ 61.7%€6k▲ 95.1%€-7k€653
Net result€7k-€2k▼ 69.4%€3k▲ 38.6%€-8k€507
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €653 after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16k
Fixed assets
€6k =
Current assets
€10k ▲ 9.3%
Equity and liabilities €16k
Equity
€4k ▲ 13.0%
Debt
€11k ▲ 2.9%
Debt's share of the balance-sheet total falls from 73.6% to 71.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.87▲
2024 · 0.82
Debt to equity
2.54▼
2024 · 2.79
ROE
11.5%▲
2024 · -210.0%
ROA
3.3%▲
2024 · -55.4%
Debt ≤ 1 year
€11k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€15k€16k▲
Fixed assets21/28€6k€6k=
Financial fixed assets28€6k€6k=
Current assets29/58€9k€10k▲
Amounts receivable within one year40/41€7k€1k▼
Trade receivables40€6k€1k▼
Other amounts receivable41€1k€80▼
Cash at bank and in hand54/58€2k€8k▲
Deferred charges and accrued income490/1-€703
Equity and liabilities
Total equity and liabilities10/49€15k€16k▲
Equity10/15€4k€4k▲
Contributions10/11€6k€6k=
Reserves13€5k€5k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-7k€-7k▲
Amounts payable17/49€11k€11k▲
Amounts payable within one year42/48€11k€11k▲
Trade debts44€10k€9k▼
Suppliers440/4€10k€9k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€944€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6k
Other operating charges640/8€622€1k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€-7k€7k▲
Operating profit (loss)9901€-7k€653▲
Financial charges65/66B€980€146▼
Recurring financial charges65€980€146▼
Profit (loss) for the period before taxes9903€-8k€507▲
Income taxes67/77€0-
Profit (loss) for the period9904€-8k€507▲
Profit (loss) for the period to be appropriated9905€-8k€507▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-7k▲
Profit (loss) brought forward from the previous period14P€975€-7k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €507
Net result €507 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 45 days late
11-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 223 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
28-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 455 days late
2019
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Haaltert · 1 establishment unit since 2014
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.
Lebeke(DE) 1929450 HaaltertGround area
914 m²
Building footprint
209 m²
Volume, LiDAR
1,029 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BW-METALRECUP
since 20142.235.846.337
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41010C0303/00V000 | Flanders | 757 m² | 1 · 131 m² | 10.0 m · 2 fl. |
| 41342B0413/00S000 | Flanders | 157 m² | 1 · 79 m² | 7.5 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
WeCircular
BE 0715.709.154
Floreffe · Eq €4,802
SEVEN – METAL
BE 0805.281.627
Aalst · Eq €5,049
BH RECYCLE
BE 0770.278.186
Seraing · Eq €5,136
SAMM PROJECTS
BE 0792.364.690
Sint-Katelijne-Waver · Eq €3,750
Lammens Circulair
BE 1007.571.365
Wichelen · Eq €3,742
Of 977 companies in sector 38210 we hold annual accounts for 585. 78 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
43110Demolition
46180Agents specialised in the wholesale of other particular products
46841Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.bwmetalrecup.be