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ARTMETO-ELTROGA

Active
Public limited companyfounded 1991active for 35 yearsLageweg 60, 8930 Menen, BelgiumKBO/BCE: BE 0445.402.917

From the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ARTMETO-ELTROGA has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €163,770. Equity has been growing by about 14% per year since 2019. Its solvency ranks better than 87% of 1,238 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 14-10-1991 Normal situation
Activity
Forging of metal NACE 25401and 3 others
Establishment unit
2.055.735.450 8930 Menen, since 14-01-1992
Financial year end
30 June
Peppol
Reachable since 13-06-2025

Board and ownership

Board
  • CommV DESSKADaily manager · permanent representative KARIN DESSCHANS
  • CommV YVILLDirector · since 20-07-2023 · permanent representative YVES BUYSE

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-06-2025
Gross margin
€576,452
▲ 2.9%
Turnover
≈ €1.4m
estimated
Profit
€163,770
▲ 50.8%
Equity
€1.7m
▲ 10.6%
Total assets
€2.1m
▼ 1.6%
Staff
4.2 FTE
▼ 19.2%
Filed on 30-01-2026, 1 day before the deadlinePDF
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFounded in 1991Liquidity: current ratio 4.43, cash €341,149Equity €1.7m (82.5% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 69% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Strong
Solvency 100+2
equity 82.5% of total assets
Liquidity 67-16
short-term debt 15.1% · cash 16.5%
Profitability 79+4
return on assets 7.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,706 companies, NACE 25, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024highest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.43 (3.29 in 2024), above the usual 1.5. Short-term debt is 15.1% and cash 16.5% of total assets. 17.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 90% of them on solvency, 68% on liquidity, 60% on profitability and 60% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 4.43, cash €341,149
NBB · annual accounts
lowers risk · Equity €1.7m (82.5% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
29 days early
2023
15 days early
2022
3 days early
2021
6 days early
2020
62 days early
2019
74 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 25 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 87% of companies in fabricated metal productssector median 46.4% · 1,238 companies 82.5% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: Result rose in 2025from €108,609 to €163,770 ▲ 50.8% View
  • Positive: 7 profitable years in a rowprofit 2025: €163,770 7 years View

Comparable companies

These companies have the same main activity as ARTMETO-ELTROGA: forging of metal (NACE 25401). They are comparable in size and age: total assets between €1.1m and €3m, founded between 1979 and 2000.

CompanyTotal assetsGross margin
ARTMETO-ELTROGA Menen€2.1m€0.6m
RauwTec Bütgenbach€2.0m€0.4m
MKM METAALWERKEN Kinrooi€3.0m€0.6m
NAESSENS ANTOIN EN ZONEN Anzegem€1.2m€0.7m
MECOPLAS Oostrozebeke€2.6m€0.3m
EXTRUMAT Pittem€1.2m€0.6m
DE KOONING METAALWERKEN Kalmthout€1.1m€0.5m
Full comparison

Documents

Annual accounts at the NBB

All 33 annual accounts

Articles and registers

Key facts about ARTMETO-ELTROGA

What is the company number of ARTMETO-ELTROGA?
The company number of ARTMETO-ELTROGA is 0445.402.917. The VAT number is the same number with BE in front: BE 0445.402.917.
Where is ARTMETO-ELTROGA based?
The registered office is at Lageweg 60, 8930 Menen.Company details
What does ARTMETO-ELTROGA do?
According to the KBO register, the main activity is forging of metal (NACE 25401).
What is the legal form of ARTMETO-ELTROGA?
The legal form of ARTMETO-ELTROGA is Public limited company (NV).
When was ARTMETO-ELTROGA founded?
ARTMETO-ELTROGA was founded on 14-10-1991.
Is ARTMETO-ELTROGA still active?
Yes, ARTMETO-ELTROGA is an active enterprise in the KBO register.
How many employees does ARTMETO-ELTROGA have?
ARTMETO-ELTROGA had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ARTMETO-ELTROGA?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €576,452 and 2,285 comparable companies of the same size. It probably lies between €820,000 and €2.3m. It is a rough estimate.
Is ARTMETO-ELTROGA profitable?
In financial year 2025, ARTMETO-ELTROGA made a profit of €163,770.
Where can I find the annual accounts of ARTMETO-ELTROGA?
ARTMETO-ELTROGA filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of ARTMETO-ELTROGA due?
ARTMETO-ELTROGA must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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