Materials recovery from waste

NACE 38210

Current registrations977

Bankruptcies (5y)26

Historical share2.66%

Nationally, 1.41% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 88% of the 88 NACE divisions. The median bankruptcy probability in NACE division 38 is 0.5%, against 0.5% nationally, over 1,057 scored companies.

Key figures for NACE division 38

fiscal year 2025 · median over 621 filed annual accounts

Median solvency

37.4%

lower than 77% of 79 divisions

Median equity

€499k

higher than 90% of 79 divisions

Median net result

€21k

higher than 72% of 79 divisions

Annual accounts in sample

621

Regional split

by region · 734 of 977 enterprises with a registered office on file

Flanders 461 · 62.8%

Wallonia 238 · 32.4%

Brussels 35 · 4.8%

Recent bankruptcies in this sector

Date	Company
06-07-2026	E-SUDUR BE 0845.316.594
22-06-2026	BH RECYCLE BE 0770.278.186
15-06-2026	SEVEN – METAL BE 0805.281.627
04-05-2026	Amiante Group BE 0744.957.723
20-04-2026	ASFOUR TRADE BE 0649.784.489
13-03-2026	Dodi, Dechanel BE 0797.188.659
18-02-2026	FLAUREA CHEMICALS BE 0536.756.626
11-02-2026	FROMTO Houthalen BE 0439.289.343

Geographic distribution

by province · based on the establishment address

West Flanders WVL 117

East Flanders OVL 93

Antwerp ANT 113

Flemish Brabant VLB 45

Limburg LIM 93

Brussels BRU 35

Hainaut HAI 92

Walloon Brabant WBR 18

Namur NAM 29

Liège LIE 80

Luxembourg LUX 19

fewer moremax 117

How these figures are counted

Current enterprise registrations are counted through their registered main activities; establishment units are excluded. Counted in the KBO's NACE 2025 nomenclature, the one in which code 38210 exists.

Share of currently registered companies with a published bankruptcy opening in the past five years. Registered main activities in the selected classification can overlap. This retrospective share is not a future bankruptcy probability.

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The key figures cover the whole NACE division 38, not NACE 38210 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.