DEGELS METAL
ActiveSummary
DEGELS METAL has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of -€222,170. Equity has been growing by about 5% per year since 2018. Its solvency ranks better than 38% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 25-05-1987 Normal situation
- Activity
- Wholesale trade NACE 46872and 2 others
- Joint committees
- 142.01 Paritair Subcomité voor de terugwinning van metalen
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.030.886.723 8900 Ieper, since 03-06-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Board and ownership
- Filip DegelsDirector · until 2024
- Marjola MaesDirector · until 2024
- Auditor
- Figurad Bedrijfsrevisoren bv
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €690,553
- ▼ 34.1%
- Turnover
- ≈ €3.5m
- estimated
- Loss
- €222,170
- Equity
- €1.8m
- ▼ 10.8%
- Total assets
- €5.8m
- ▼ 13.8%
- Employees on 31-12-2025
- 3
- =
Score breakdownraises riskLiquidity: current ratio 1.04, cash €217,763, halvedLoss of €222,170 (financial year 2025)lowers riskFounded in 1987Size: 4 FTE, total assets €5.8mShow the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 42% of them on solvency, 30% on liquidity, 36% on profitability and 25% on growth.
The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €87,669 in 2024 -€222,170 View
- Caution: Lower net result than 95% of companies in wholesale tradesector median €26,857 · 9,824 companies -€222,170 View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Company renamed to DEGELS METALChanges of role: Filip Degels (director) and Marjola Maes (director)
- · Gazette deed Appointment: FIGURAD BEDRIJFSREVISOREN BV (statutory auditor)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as DEGELS METAL: wholesale trade (NACE 46872). They are comparable in size and age: total assets between €2.8m and €10m, founded between 1983 and 1991.
| Company | Total assets | Gross margin |
|---|---|---|
| DEGELS METAL Ieper | €5.8m | €0.7m |
| RUMSTSE METAALHANDEL Hulshout | €5.4m | €0.8m |
| N.V. STENOFER Willebroek | €10.5m | €1.0m |
| NIEULANDT RECYCLING Aalst | €4.1m | €1.0m |
| ALFAMET Dendermonde | €2.8m | €0.5m |
| HENDRICKX & C° N.V. Lier | €3.6m | €0.4m |
| General Recycling Services Europe Schoten | €6.2m | €0.3m |
Key facts about DEGELS METAL
- What is the company number of DEGELS METAL?
- The company number of DEGELS METAL is 0431.208.847. The VAT number is the same number with BE in front: BE 0431.208.847.
- Where is DEGELS METAL based?
- The registered office is at Jaagpad 4, 8900 Ieper.Company details
- What does DEGELS METAL do?
- According to the KBO register, the main activity is wholesale trade (NACE 46872).
- What is the legal form of DEGELS METAL?
- The legal form of DEGELS METAL is Private limited company (BV).
- When was DEGELS METAL founded?
- DEGELS METAL was founded on 25-05-1987.
- Is DEGELS METAL still active?
- Yes, DEGELS METAL is an active enterprise in the KBO register.
- How many employees does DEGELS METAL have?
- DEGELS METAL had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DEGELS METAL fall under?
- In its 2025 annual accounts, DEGELS METAL states joint committees 142.01 (Paritair Subcomité voor de terugwinning van metalen) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of DEGELS METAL?
- The turnover in financial year 2025 is ≈ €3.5m. This figure is estimated from the gross margin of €690,553 and 138 comparable companies (NACE 46). It probably lies between €2.2m and €6.0m. In financial year 2023 turnover was €12.5m.
- Is DEGELS METAL profitable?
- In financial year 2025, DEGELS METAL made a loss of €222,170.
- Where can I find the annual accounts of DEGELS METAL?
- DEGELS METAL filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEGELS METAL due?
- DEGELS METAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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