DB Metalin
ActiveDB Metalin has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €414k and a net result of €106k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 509 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▲+4
Solvency87=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 2.45 in 2023; short-term debt: 33.2% and cash: 43.2% of total assets), and 38.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
25 d early
2022
41 d early
2021
5 d early
2020
24 d early
2019
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€414k▼ 18.4%
2023 · €507k
2018: €389k
2019: €392k
2020: €438k
2021: €559k
2022: €553k
2023: €507k
2018 → 2024
Total assets
€668k▼ 18.9%
2023 · €824k
2018: €743k
2019: €630k
2020: €641k
2021: €783k
2022: €859k
2023: €824k
2018 → 2024
Net result
€106k▲ 2.1%
2023 · €104k
2018: €37k
2019: €2k
2020: €46k
2021: €121k
2022: €144k
2023: €104k
2018 → 2024
Working capital
€323k▼ 13.2%
2023 · €372k
2018: €127k
2019: €151k
2020: €234k
2021: €361k
2022: €395k
2023: €372k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€438k-€559k▲ 27.5%€553k▼ 1.0%€507k▼ 8.3%€414k▼ 18.4%
Operating result€67k-€161k▲ 142%€183k▲ 13.2%€146k▼ 20.0%€148k▲ 1.6%
Net result€46k-€121k▲ 162%€144k▲ 19.7%€104k▼ 27.7%€106k▲ 2.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 2% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €668k
Fixed assets
€123k▼ 36.8%
Current assets
€545k▼ 13.4%
Equity and liabilities €668k
Equity
€414k▼ 18.4%
Debt
€255k▼ 19.7%
The debt ratio falls from 38.5% to 38.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€220k▼
2023 · €225k
Cash flow
€178k▼
2023 · €183k
Solvency
61.9%▲
2023 · 61.5%
Current ratio
2.46▲
2023 · 2.45
Quick ratio
2.25▲
2023 · 2.14
Debt / equity
0.62▼
2023 · 0.63
ROE
25.7%▲
2023 · 20.6%
ROA
15.9%▲
2023 · 12.7%
Interest coverage
74.87▲
2023 · 72.51
Debt
€255k▼
2023 · €317k
Debt ≤ 1 year
€222k▼
2023 · €257k
Debt > 1 year
€33k▼
2023 · €58k
Income taxes
€39k▲
2023 · €39k
Staff costs
€423k▼
2023 · €424k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€824k€668k▼
Fixed assets21/28€195k€123k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€195k€123k▼
Plant, machinery and equipment23€48k€20k▼
Furniture and vehicles24€28k€21k▼
Leasing and similar rights25€119k€82k▼
Current assets29/58€629k€545k▼
Stocks and contracts in progress3€78k€46k▼
Stocks30/36€58k€31k▼
Contracts in progress37€20k€15k▼
Amounts receivable within one year40/41€211k€210k▼
Trade receivables40€211k€204k▼
Other amounts receivable41€0€6k▲
Cash at bank and in hand54/58€336k€289k▼
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€824k€668k▼
Equity10/15€507k€414k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€453k€314k▼
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€443k€304k▼
Profit (loss) carried forward14€-46k€0▲
Amounts payable17/49€317k€255k▼
Amounts payable after more than one year17€58k€33k▼
Financial debts170/4€58k€33k▼
Amounts payable within one year42/48€257k€222k▼
Current portion of amounts payable after more than one year42€25k€25k▲
Financial debts43€37k€33k▼
Credit institutions430/8€37k€33k▼
Trade debts44€132k€102k▼
Suppliers440/4€132k€102k▼
Taxes, remuneration and social security45€63k€62k▼
Taxes450/3€29k€27k▼
Remuneration and social security454/9€34k€36k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€424k€423k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€72k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8k
Other operating charges640/8€897€2k▲
Non-recurring operating charges66A€3k€0▼
Gross operating margin9900€653k€653k=
Operating profit (loss)9901€146k€148k▲
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€143k€146k▲
Income taxes67/77€39k€39k▲
Profit (loss) for the period9904€104k€106k▲
Profit (loss) for the period to be appropriated9905€104k€106k▲
Appropriation of the result
Profit (loss) to be appropriated9906€104k€61k▼
Profit (loss) brought forward from the previous period14P-€-46k
Transfer from equity791/2€0€200k▲
Transfer to equity691/2-€61k
To other reserves6921-€61k
Profit to be distributed694/7€150k€200k▲
Return on contributions (dividend)694€150k€200k▲
Social balance
Average headcount (FTE)90875.85.6▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €144k ▲19.7%
Operating result €183k, net result €144k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €559k ▲27.5%
4 profitable years in a row build equity to €559k.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €2k ▼93.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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 2025
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.
22-01-2025
Van Esbroeck Erik: Resigned as Director
22-01-2025
Van Tillo Bart: Resigned as Director
22-01-2025
Van Tillo Bart: Resigned as Managing director
14-08-2019
CIMMED: Resigned as Managing director
14-08-2019
Dr. Demeter M. MBV BVBA: Resigned as Director
14-08-2019
Michael Demeyere: Resigned as Director
29-04-2016
Robert De Bruyn: Resigned as Director
13-05-2014
Robert De Bruyn: Resigned as Director
13-05-2014
Robert De Bruyn: Resigned as Managing director
13-05-2014
Godelieve Bernaerts: Resigned as Director
Location & real-estate footprint
Registered office, Kasterlee · 1 establishment unit since 2008
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.
Rode Akkers 22460 KasterleeGround area
5,646 m²
Building footprint
2,458 m²
Volume, LiDAR
16,533 m³
Parcel 13017C0360/00E000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rode Akkers 2, 2460 Kasterlee
since 20082.169.539.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13017C0360/00E000 | Flanders | 5,646 m² | 1 · 2,458 m² | 11.0 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 2024 · 2 entries · 105 EUR awarded · 167 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 62 EUR |
| 2022 | 1 | 105 EUR | 105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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JANS TRANSPORT EFFICIENTIE
BE 0438.058.829
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INTERPROFIEL
BE 0424.029.461
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BLISTIN ATELIER
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Of 210 companies in sector 28299 we hold annual accounts for 154. 118 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-03-2008
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28299Manufacture of machinery and equipment not elsewhere classified
28990Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.