KEMPISCH RECYCLAGEBEDRIJF
ActiveSummary
KEMPISCH RECYCLAGEBEDRIJF has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.15M and a net result of €958k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 239 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▼-9
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €370k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.68 in 2023; short-term debt: 23.4% and cash: 35.6% of total assets), and 23.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
76.6%
Return on assets
17.7%
Age of the figures
21 mo
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
48 d early
2022
38 d early
2021
80 d early
2020
85 d early
2019
77 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€4.15M=
2023 · €4.15M
2018: €2.02M
2019: €2.02M
2020: €2.60M
2021: €2.76M
2022: €3.42M
2023: €4.15M
2018 → 2024
Total assets
€5.41M▲ 4.6%
2023 · €5.17M
2018: €3.44M
2019: €3.48M
2020: €3.37M
2021: €4.17M
2022: €4.17M
2023: €5.17M
2018 → 2024
Net result
€958k▼ 35.1%
2023 · €1.48M
2018: €1.16M
2019: €1.30M
2020: €1.08M
2021: €1.16M
2022: €1.19M
2023: €1.48M
2018 → 2024
Working capital
€1.45M▼ 15.8%
2023 · €1.72M
2018: €1.54M
2019: €985k
2020: €1.65M
2021: €2.02M
2022: €1.22M
2023: €1.72M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.60M-€2.76M▲ 6.0%€3.42M▲ 23.9%€4.15M▲ 21.2%€4.15M=
Operating result€1.44M-€1.54M▲ 6.7%€1.60M▲ 3.6%€1.95M▲ 22.3%€1.25M▼ 36.1%
Net result€1.08M-€1.16M▲ 6.9%€1.19M▲ 3.3%€1.48M▲ 23.6%€958k▼ 35.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 36% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.41M
Fixed assets
€2.69M ▲ 11.2%
Current assets
€2.72M ▼ 1.2%
Equity and liabilities €5.41M
Equity
€4.15M =
Debt
€1.27M ▲ 23.3%
Debt's share of the balance-sheet total rises from 19.9% to 23.4%. Debt is higher.
Key figures and ratios
EBITDA
€1.61M▼
2023 · €2.24M
Cash flow
€1.32M▼
2023 · €1.77M
Current ratio
2.14▼
2023 · 2.68
Quick ratio
2.12▼
2023 · 2.66
Debt to equity
0.31▲
2023 · 0.25
ROE
23.1%▼
2023 · 35.6%
ROA
17.7%▼
2023 · 28.5%
Interest coverage
53.60▼
2023 · 82.22
Debt ≤ 1 year
€1.27M▲
2023 · €1.03M
Income taxes
€319k▼
2023 · €492k
Staff costs
€831k▲
2023 · €816k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€5.17M€5.41M▲
Fixed assets21/28€2.42M€2.69M▲
Tangible fixed assets22/27€1.45M€1.72M▲
Land and buildings22€318k€510k▲
Plant, machinery and equipment23€1.05M€978k▼
Furniture and vehicles24€75k€231k▲
Financial fixed assets28€976k€976k=
Current assets29/58€2.75M€2.72M▼
Stocks and contracts in progress3€12k€26k▲
Stocks30/36€12k€26k▲
Amounts receivable within one year40/41€986k€767k▼
Trade receivables40€985k€736k▼
Other amounts receivable41€1k€31k▲
Cash at bank and in hand54/58€1.75M€1.93M▲
Equity and liabilities
Total equity and liabilities10/49€5.17M€5.41M▲
Equity10/15€4.15M€4.15M=
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€4.08M€4.08M=
Non-distributable reserves130/1€36k€36k=
Legal reserve130€36k€36k=
Tax-exempt reserves132€46k€46k=
Distributable reserves133€4.00M€4.00M=
Amounts payable17/49€1.03M€1.27M▲
Amounts payable within one year42/48€1.03M€1.27M▲
Trade debts44€180k€216k▲
Suppliers440/4€180k€216k▲
Taxes, remuneration and social security45€248k€249k▲
Taxes450/3€235k€234k▼
Remuneration and social security454/9€13k€15k▲
Other amounts payable47/48€600k€802k▲
Income statement
Code20232024
Non-recurring operating income76A€126k€86k▼
Remuneration, social security and pensions62€816k€831k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€292k€362k▲
Other operating charges640/8€28k€36k▲
Non-recurring operating charges66A€2k€4k▲
Gross operating margin9900€3.09M€2.48M▼
Operating profit (loss)9901€1.95M€1.25M▼
Financial income75/76B€44k€59k▲
Recurring financial income75€44k€59k▲
Financial charges65/66B€27k€30k▲
Recurring financial charges65€27k€30k▲
Profit (loss) for the period before taxes9903€1.97M€1.28M▼
Income taxes67/77€492k€319k▼
Profit (loss) for the period9904€1.48M€958k▼
Profit (loss) for the period to be appropriated9905€1.48M€958k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.48M€958k▼
Transfer to equity691/2€726k-
To other reserves6921€726k-
Profit to be distributed694/7€750k€958k▲
Return on contributions (dividend)694€750k€958k▲
Social balance
Average headcount (FTE)90879.09.4▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €958k ▼35.1%
Net result drops to €958k, the lowest in the series.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.48M ▲23.6%
Operating result €1.95M, net result €1.48M, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Rijkevorsel · 1 establishment unit since 1981
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.
Nijverheidsweg 52310 RijkevorselGround area
3.7 ha
Building footprint
400 m²
Volume, LiDAR
2,696 m³
Parcel 13502F0236/00R003, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nijverheidsweg 5, 2310 Rijkevorsel
since 19812.019.299.478
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502F0236/00R003 | Flanders | 3.7 ha | 1 · 400 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 376 EUR awarded · 376 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 164 EUR | 164 EUR |
| 2024 | 1 | 71 EUR | 71 EUR |
| 2023 | 1 | 141 EUR | 141 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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BE 0415.182.170
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Recuperatie- en Transportmaatschappij
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BRUSSELS RECYCLING METAL
BE 0479.088.344
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MARTENS-MTD ANTWERPEN
BE 0862.353.655
Antwerpen · Eq €4.31M
Of 977 companies in sector 38210 we hold annual accounts for 585. 344 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 formPublic limited company
Founded13-08-1981
Fiscal year end31-12
Legal name NL
K.R.B.
Abbreviation NL
K.R.B.
Activities, NACEBEL 2025
38210Materials recovery from waste
43110Demolition
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.