ASTROMET
ActiveASTROMET has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.80M and a net result of €319k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 1026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84=
Solvency93▲+25
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 2.9 in 2024; short-term debt: 13.4% and cash: 9.3% of total assets), and 32% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
68%
Return on assets
12.1%
Age of the figures
9 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
45 d early
2023
51 d early
2022
48 d early
2021
31 d early
2020
38 d early
2019
31 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.80M▲ 21.6%
2024 · €1.48M
2018: €376k
2019: €404k
2020: €421k
2021: €592k
2022: €887k
2023: €1.05M
2024: €1.48M
2018 → 2025
Total assets
€2.65M▼ 22.5%
2024 · €3.42M
2018: €510k
2019: €512k
2020: €711k
2021: €991k
2022: €1.34M
2023: €2.08M
2024: €3.42M
2018 → 2025
Net result
€319k▼ 25.2%
2024 · €427k
2018: €20k
2019: €29k
2020: €17k
2021: €171k
2022: €294k
2023: €168k
2024: €427k
2018 → 2025
Working capital
€191k▼ 80.0%
2024 · €952k
2018: €71k
2019: €127k
2020: €77k
2021: €297k
2022: €455k
2023: €86k
2024: €952k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€592k-€887k▲ 49.7%€1.05M▲ 19.0%€1.48M▲ 40.5%€1.80M▲ 21.6%
Operating result€241k-€389k▲ 61.4%€202k▼ 47.9%€596k▲ 194%€492k▼ 17.4%
Net result€171k-€294k▲ 72.0%€168k▼ 42.8%€427k▲ 154%€319k▼ 25.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.65M
Fixed assets
€2.10M▲ 7.0%
Current assets
€546k▼ 62.4%
Equity and liabilities €2.65M
Equity
€1.80M▲ 21.6%
Debt
€848k▼ 56.2%
The debt ratio falls from 56.6% to 32.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€757k▼
2024 · €790k
Cash flow
€584k▼
2024 · €621k
Solvency
68.0%▲
2024 · 43.4%
Current ratio
1.54▼
2024 · 2.90
Quick ratio
1.45▼
2024 · 2.85
Debt / equity
0.47▼
2024 · 1.31
ROE
17.7%▼
2024 · 28.8%
ROA
12.1%▼
2024 · 12.5%
Interest coverage
9.81▼
2024 · 13.65
Debt
€848k▼
2024 · €1.94M
Debt ≤ 1 year
€355k▼
2024 · €500k
Debt > 1 year
€493k▼
2024 · €1.44M
Income taxes
€101k▼
2024 · €116k
Staff costs
€418k▲
2024 · €384k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.42M€2.65M▼
Fixed assets21/28€1.97M€2.10M▲
Tangible fixed assets22/27€1.97M€2.10M▲
Land and buildings22€1.19M€1.28M▲
Plant, machinery and equipment23€735k€741k▲
Furniture and vehicles24€41k€81k▲
Current assets29/58€1.45M€546k▼
Stocks and contracts in progress3€28k€30k▲
Stocks30/36€28k€30k▲
Amounts receivable within one year40/41€237k€268k▲
Trade receivables40€223k€262k▲
Other amounts receivable41€14k€6k▼
Cash at bank and in hand54/58€1.19M€247k▼
Deferred charges and accrued income490/1€550€100▼
Equity and liabilities
Total equity and liabilities10/49€3.42M€2.65M▼
Equity10/15€1.48M€1.80M▲
Contributions10/11€38k€38k=
Reserves13€1.44M€1.76M▲
Tax-exempt reserves132€3k€3k=
Distributable reserves133€1.44M€1.76M▲
Amounts payable17/49€1.94M€848k▼
Amounts payable after more than one year17€1.44M€493k▼
Financial debts170/4€1.44M€493k▼
Amounts payable within one year42/48€500k€355k▼
Current portion of amounts payable after more than one year42€177k€128k▼
Trade debts44€267k€88k▼
Suppliers440/4€267k€88k▼
Advances received on contracts in progress46€8k€22k▲
Taxes, remuneration and social security45€48k€118k▲
Taxes450/3€22k€88k▲
Remuneration and social security454/9€26k€29k▲
Other amounts payable47/48€463-
Income statement
Code20242025
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€384k€418k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€194k€265k▲
Other operating charges640/8€25k€17k▼
Gross operating margin9900€1.20M€1.19M▼
Operating profit (loss)9901€596k€492k▼
Financial income75/76B€6k€5k▼
Recurring financial income75€6k€5k▼
Financial charges65/66B€58k€77k▲
Recurring financial charges65€58k€77k▲
Profit (loss) for the period before taxes9903€544k€420k▼
Income taxes67/77€116k€101k▼
Profit (loss) for the period9904€427k€319k▼
Profit (loss) for the period to be appropriated9905€427k€319k▼
Appropriation of the result
Profit (loss) to be appropriated9906€427k€319k▼
Transfer to equity691/2€427k€319k▼
To other reserves6921€427k€319k▼
Social balance
Average headcount (FTE)90879.29.1▼
The notes to these accounts (12 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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €427k ▲154%
Operating result €596k, net result €427k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.90
Current ratio from 1.13 to 2.90; short-term debt falls from €688k to €500k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.05M ▲19%
6 profitable years in a row build equity to €1.05M.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500kEq €592k ▲40.6%
4 profitable years in a row build equity to €592k.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €17k ▼41.2%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-09-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 1976
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.
Schoendalestraat 2178793 WaregemGround area
2,052 m²
Building footprint
302 m²
Volume, LiDAR
1,418 m³
Parcel 34035B0223/00K000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Schoendalestraat 217, 8793 Waregem
since 19762.012.888.867
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34035B0223/00K000 | Flanders | 2,052 m² | 1 · 302 m² | 6.5 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
2022 to 2023 · 3 entries · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | -28,985 EUR | 1,500 EUR |
| 2022 | 1 | 30,485 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Call groene stroom (stopgezet)
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,656. 929 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-1976
Fiscal year end31-12
Activities, NACEBEL
25510Coating of metals
25530Machining of metals
25610Manufacture of fabricated metal products, except machinery and equipment
28510
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.