Wery Recyclage
ActiveSummary
Wery Recyclage has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €69k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 22% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+26
Solvency36▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.56 in 2024; short-term debt: 66.3% and cash: 5% of total assets), and 88.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 2025Solvency, return and age of the figures
Solvency
11.4%
Return on assets
4.2%
Age of the figures
9 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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 217 sector peers (2025).
NBB · sector comparisonPosition among 217 sector peers
Solvency
better than 22%
← 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 filingsDeviation from the deadline
2025
16 d early
2024
on the day
2023
31 d late
2022
30 d late
2021
29 d late
2020
23 d late
2019
90 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, abbreviated schema
Turnover
€1.75M
EBIT margin
1.7%
Net result
€69k
2024 · €-23k
2018: €-10k
2019: €-12k
2020: €11k
2021: €48k
2022: €-9k
2023: €20k
2024: €-23k
2018 → 2025
Working capital
€-542k▼ 11.6%
2024 · €-486k
2018: €-469k
2019: €-416k
2020: €-172k
2021: €-433k
2022: €-523k
2023: €-475k
2024: €-486k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€125k-€115k▼ 7.4%€144k▲ 25.1%€120k▼ 16.8%€187k▲ 55.5%
Operating result€89k-€37k▼ 58.1%€61k▲ 61.8%€9k▼ 85.8%€126k▲ 1,369%
Net result€48k-€-9k€20k€-23k€69k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,369% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.64M
Fixed assets
€1.09M ▲ 27.0%
Current assets
€546k ▼ 11.6%
Equity and liabilities €1.64M
Equity
€187k ▲ 55.5%
Debt
€1.45M ▲ 7.0%
Debt's share of the balance-sheet total falls from 91.9% to 88.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€326k▲
2024 · €133k
Cash flow
€269k▲
2024 · €101k
Current ratio
0.50▼
2024 · 0.56
Quick ratio
0.43▼
2024 · 0.49
Debt to equity
7.77▼
2024 · 11.30
ROE
37.0%▲
2024 · -19.5%
ROA
4.2%▲
2024 · -1.6%
Interest coverage
6.89▲
2024 · 3.77
Debt ≤ 1 year
€1.09M▼
2024 · €1.10M
Debt > 1 year
€357k▲
2024 · €254k
Income taxes
€13k▲
2024 · €-2k
Staff costs
€729k▲
2024 · €491k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.48M€1.64M▲
Fixed assets21/28€862k€1.09M▲
Tangible fixed assets22/27€862k€1.09M▲
Land and buildings22€663k€741k▲
Plant, machinery and equipment23€1k€12k▲
Furniture and vehicles24€22k€62k▲
Leasing and similar rights25€176k€279k▲
Financial fixed assets28€0-
Current assets29/58€617k€546k▼
Stocks and contracts in progress3€72k€83k▲
Stocks30/36€72k€83k▲
Amounts receivable within one year40/41€473k€296k▼
Trade receivables40€448k€279k▼
Other amounts receivable41€25k€17k▼
Cash at bank and in hand54/58€58k€81k▲
Deferred charges and accrued income490/1€14k€85k▲
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.64M▲
Equity10/15€120k€187k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€92k€161k▲
Investment grants15€8k€6k▼
Amounts payable17/49€1.36M€1.45M▲
Amounts payable after more than one year17€254k€357k▲
Financial debts170/4€254k€357k▲
Amounts payable within one year42/48€1.10M€1.09M▼
Current portion of amounts payable after more than one year42€115k€130k▲
Financial debts43€168k€295k▲
Credit institutions430/8€168k€295k▲
Trade debts44€654k€406k▼
Suppliers440/4€654k€406k▼
Taxes, remuneration and social security45€115k€118k▲
Taxes450/3€12k€20k▲
Remuneration and social security454/9€103k€99k▼
Other amounts payable47/48€51k€138k▲
Accrued charges and deferred income492/3€1k€9k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€491k€729k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€124k€200k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€287€2k▲
Other operating charges640/8€19k€28k▲
Gross operating margin9900€644k€1.09M▲
Operating profit (loss)9901€9k€126k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€35k€47k▲
Recurring financial charges65€35k€47k▲
Profit (loss) for the period before taxes9903€-25k€82k▲
Income taxes67/77€-2k€13k▲
Profit (loss) for the period9904€-23k€69k▲
Profit (loss) for the period to be appropriated9905€-23k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€92k€161k▲
Profit (loss) brought forward from the previous period14P€115k€92k▼
Social balance
Average headcount (FTE)90879.812.9▲
The notes to these accounts (26 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €69k
Net result €69k after one loss-making year.
31-12
Financial
Equity above €150kEq €187k ▲55.5%
Equity rises from €120k to €187k.
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-23k ▼218%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Equity above €100kEq €125k ▲60.3%
2 profitable years in a row build equity to €125k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
Show earlier events
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 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, Waremme · 1 establishment unit since 1996
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.
Rue des Petits Gravelots 54300 WaremmeGround area
1.2 ha
Building footprint
6,329 m²
Volume, LiDAR
86,938 m³
Parcel 64074B0015/00F000, Wallonia · tallest building 15.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Wery Recyclage
since 19962.079.182.924
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074B0015/00F000 | Wallonia | 1.2 ha | 1 · 6,329 m² | 15.0 m · 5 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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesWery Recyclage SRL41046
Similar companies · same sector, comparable size
BRAINSCAPE
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PREVAN
BE 0439.629.536
Torhout · Eq €187,288
Amiante Group
BE 0744.957.723
Houthalen-Helchteren · Eq €186,296
GEBART
BE 0430.066.425
Rijkevorsel · Eq €185,949
NAMé Recycling
BE 0648.670.870
Brussel · Eq €188,683
Of 977 companies in sector 38210 we hold annual accounts for 585. 348 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
Founded16-10-1996
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
47551Retail sale of household furniture
42110Construction of roads and motorways
42212Civil engineering
43110Demolition
49410Freight transport by road
77394Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.