BUYSMETAL
ActiveSummary
BUYSMETAL has been active since 1947 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.31M and a net result of €-2.39M. Equity is shrinking by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency53▼-3
Growth23▼-3
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.43 in 2024; short-term debt: 71.1% and cash: 7.3% of total assets), and 72% 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 46
Relative position
BE, all sectors
reference
Sector 46
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
28%
Return on assets
-20.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-2.39M
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 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 d early
2024
84 d early
2023
98 d early
2022
88 d early
2021
89 d early
2020
93 d early
2019
77 d early
← 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, full schema
Turnover
€29.27M▼ 25.5%
2024 · €39.30M
2018: €56.67M
2019: €56.10M
2020: €52.98M
2021: €75.58M
2022: €73.42M
2023: €57.04M
2024: €39.30M
2018 → 2025
EBIT margin
-7.7%▼ 0.3pp
2024 · -7.4%
2018: -1.3%
2019: -0.3%
2020: -1.3%
2021: 10.7%
2022: -2.7%
2023: -4.7%
2024: -7.4%
2018 → 2025
Net result
€-2.39M▲ 24.5%
2024 · €-3.16M
2018: €-607k
2019: €-128k
2020: €-644k
2021: €6.23M
2022: €-1.97M
2023: €-2.66M
2024: €-3.16M
2018 → 2025
Working capital
€1.57M▼ 64.8%
2024 · €4.46M
2018: €9.56M
2019: €9.44M
2020: €9.00M
2021: €12.08M
2022: €9.98M
2023: €7.14M
2024: €4.46M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€75.58M-€73.42M▼ 2.9%€57.04M▼ 22.3%€39.30M▼ 31.1%€29.27M▼ 25.5%
Equity€12.67M-€10.70M▼ 15.5%€7.96M▼ 25.6%€4.80M▼ 39.7%€3.31M▼ 31.0%
Operating result€8.09M-€-2.00M€-2.69M▼ 34.4%€-2.89M▼ 7.7%€-2.24M▲ 22.4%
Net result€6.23M-€-1.97M€-2.66M▼ 35.3%€-3.16M▼ 18.8%€-2.39M▲ 24.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.24M in 2025 against €2.89M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.80M
Fixed assets
€1.84M ▲ 134%
Current assets
€9.96M ▼ 32.5%
Equity and liabilities €11.80M
Equity
€3.31M ▼ 31.0%
Provisions
€67k ▲ 0.7%
Debt
€8.43M ▼ 21.1%
Debt's share of the balance-sheet total rises from 68.7% to 71.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2.01M▲
2024 · €-2.70M
Cash flow
€-2.16M▲
2024 · €-2.97M
Current ratio
1.19▼
2024 · 1.43
Quick ratio
0.50▼
2024 · 0.71
Debt to equity
2.55▲
2024 · 2.23
ROE
-72.1%▼
2024 · -65.9%
ROA
-20.2%▲
2024 · -20.3%
Interest coverage
-11.22▼
2024 · -8.64
Debt ≤ 1 year
€8.39M▼
2024 · €10.29M
Income taxes
€2k▲
2024 · €1k
Staff costs
€3.80M▲
2024 · €3.54M
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 · 83 lines
Balance sheet
Code20242025
Assets
Total assets20/58€15.54M€11.80M▼
Fixed assets21/28€786k€1.84M▲
Intangible fixed assets21€144k€137k▼
Tangible fixed assets22/27€636k€1.70M▲
Land and buildings22€313k€1.41M▲
Plant, machinery and equipment23€174k€201k▲
Furniture and vehicles24€114k€88k▼
Assets under construction and advance payments27€35k-
Financial fixed assets28€6k€6k▼
Other financial fixed assets284/8€6k€6k▼
Amounts receivable and cash guarantees285/8€6k€6k▼
Current assets29/58€14.75M€9.96M▼
Stocks and contracts in progress3€7.46M€5.75M▼
Stocks30/36€7.46M€5.75M▼
Goods purchased for resale34€7.46M€5.75M▼
Amounts receivable within one year40/41€4.00M€3.30M▼
Trade receivables40€3.91M€3.25M▼
Other amounts receivable41€86k€43k▼
Cash at bank and in hand54/58€3.24M€860k▼
Deferred charges and accrued income490/1€54k€56k▲
Equity and liabilities
Total equity and liabilities10/49€15.54M€11.80M▼
Equity10/15€4.80M€3.31M▼
Contributions10/11€744k€1.64M▲
Capital10€744k€1.64M▲
Issued capital100€744k€1.64M▲
Reserves13€1.32M€1.32M=
Non-distributable reserves130/1€80k€80k=
Legal reserve130€74k€74k=
Other1319€6k€6k=
Tax-exempt reserves132€127k€85k▼
Distributable reserves133€1.11M€1.15M▲
Profit (loss) carried forward14€2.72M€338k▼
Investment grants15€10k€9k▼
Provisions and deferred taxes16€67k€67k▲
Provisions for liabilities and charges160/5€67k€67k▲
Pensions and similar obligations160€57k€57k▲
Other liabilities and charges164/5€10k€10k=
Amounts payable17/49€10.67M€8.43M▼
Amounts payable within one year42/48€10.29M€8.39M▼
Financial debts43€6.57M€4.35M▼
Other loans439€6.57M€4.35M▼
Trade debts44€3.33M€3.49M▲
Suppliers440/4€3.33M€3.49M▲
Advances received on contracts in progress46€18k€55k▲
Taxes, remuneration and social security45€372k€498k▲
Taxes450/3€70k€155k▲
Remuneration and social security454/9€302k€343k▲
Accrued charges and deferred income492/3€384k€34k▼
Income statement
Code20242025
Operating income70/76A€39.66M€29.62M▼
Turnover70€39.30M€29.27M▼
Other operating income74€285k€344k▲
Non-recurring operating income76A€78k-
Operating charges60/66A€42.56M€31.86M▼
Goods for resale, raw materials and consumables60€35.99M€25.43M▼
Purchases600/8€34.57M€23.55M▼
Change in stocks: decrease (increase)609€1.42M€1.88M▲
Services and other goods61€2.68M€2.55M▼
Remuneration, social security and pensions62€3.54M€3.80M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€192k€229k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-32k€-283k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-700€496▲
Other operating charges640/8€183k€128k▼
Non-recurring operating charges66A€868€895▲
Operating profit (loss)9901€-2.89M€-2.24M▲
Financial income75/76B€59k€57k▼
Recurring financial income75€59k€57k▼
Income from current assets751€43k€52k▲
Other financial income752/9€16k€6k▼
Financial charges65/66B€326k€198k▼
Recurring financial charges65€326k€198k▼
Debt charges650€312k€180k▼
Other financial charges652/9€14k€19k▲
Profit (loss) for the period before taxes9903€-3.16M€-2.38M▲
Income taxes67/77€1k€2k▲
Taxes670/3€1k€2k▲
Profit (loss) for the period9904€-3.16M€-2.39M▲
Transfer from tax-exempt reserves789€42k€42k=
Profit (loss) for the period to be appropriated9905€-3.12M€-2.34M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.77M€380k▼
Profit (loss) brought forward from the previous period14P€5.88M€2.72M▼
Transfer to equity691/2€42k€42k=
To other reserves6921€42k€42k=
Social balance
Average headcount (FTE)908753.250.6▼
The notes to these accounts (65 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-3.16M
Net result drops to €-3.16M, the lowest in the series; recovery starts the following year.
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €6.23M
Net result €6.23M after 3 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
33 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, Harelbeke · 1 establishment unit since 1947
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.
Keizersstraat 508530 HarelbekeGround area
2.4 ha
Building footprint
1.7 ha
Volume, LiDAR
188,725 m³
Parcel 34322C0660/00K000, Flanders · tallest building 37.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BUYSMETAL
since 19472.004.645.352
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322C0660/00K000 | Flanders | 2.4 ha | 1 · 1.7 ha | 37.6 m · 4 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 2025 · 4 entries · 4,187 EUR awarded · 4,187 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 166 EUR | 166 EUR |
| 2024 | 1 | 2,535 EUR | 2,535 EUR |
| 2023 | 1 | 743 EUR | 743 EUR |
| 2022 | 1 | 743 EUR | 743 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 505 companies in sector 46841 we hold annual accounts for 365. 235 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
Founded18-09-1947
Fiscal year end31-12
Activities, NACEBEL 2025
46820Wholesale trade
46841Wholesale trade
25999Manufacture of fabricated metal products, except machinery and equipment
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.