EUROMETAL SERVICE
ActiveSummary
EUROMETAL SERVICE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27.75M and a net result of €2.91M. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
48
/ 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
Profitability23▼-2
Solvency47▲+3
Growth69▲+2
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.3M at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.3 in 2024; short-term debt: 75% and cash: 0% of total assets), and 77.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
22.2%
Return on assets
2.3%
Age of the figures
9 mo
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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4867 sector peers (2025).
NBB · sector comparisonPosition among 4867 sector peers
Solvency
better than 24%
← weakest
strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
30 d early
2024
51 d early
2023
40 d early
2022
35 d early
2021
40 d early
2020
45 d early
2019
44 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
€384.48M▲ 19.0%
2024 · €322.99M
2018: €251.87M
2019: €241.47M
2020: €293.31M
2021: €631.78M
2022: €354.77M
2023: €309.53M
2024: €322.99M
2018 → 2025
EBIT margin
0.5%▼ 1.2pp
2024 · 1.8%
2018: 2.5%
2019: 1.3%
2020: 1.2%
2021: -0.1%
2022: 0.8%
2023: 1.8%
2024: 1.8%
2018 → 2025
Net result
€2.91M▲ 30.1%
2024 · €2.23M
2018: €1.77M
2019: €1.90M
2020: €3.01M
2021: €3.08M
2022: €3.55M
2023: €2.05M
2024: €2.23M
2018 → 2025
Working capital
€31.09M▲ 0.1%
2024 · €31.07M
2018: €15.08M
2019: €17.83M
2020: €20.97M
2021: €27.84M
2022: €33.51M
2023: €33.54M
2024: €31.07M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€631.78M-€354.77M▼ 43.8%€309.53M▼ 12.8%€322.99M▲ 4.3%€384.48M▲ 19.0%
Equity€18.63M-€22.15M▲ 18.9%€24.17M▲ 9.1%€25.87M▲ 7.1%€27.75M▲ 7.3%
Operating result€-559k-€2.94M€5.44M▲ 85.4%€5.70M▲ 4.8%€2.10M▼ 63.2%
Net result€3.08M-€3.55M▲ 15.4%€2.05M▼ 42.4%€2.23M▲ 9.2%€2.91M▲ 30.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 63% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124.86M
Fixed assets
€182k ▼ 11.3%
Current assets
€124.68M ▼ 7.7%
Equity and liabilities €124.86M
Equity
€27.75M ▲ 7.3%
Debt
€97.11M ▼ 11.3%
Debt's share of the balance-sheet total falls from 80.9% to 77.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.14M▼
2024 · €5.75M
Cash flow
€2.95M▲
2024 · €2.28M
Current ratio
1.33▲
2024 · 1.30
Quick ratio
1.19▲
2024 · 1.17
Debt to equity
3.50▼
2024 · 4.23
ROE
10.5%▲
2024 · 8.6%
ROA
2.3%▲
2024 · 1.7%
Interest coverage
0.20▼
2024 · 0.40
Debt ≤ 1 year
€93.59M▼
2024 · €104.03M
Debt > 1 year
€0▼
2024 · €920k
Income taxes
€855k▲
2024 · €179k
Staff costs
€768k▲
2024 · €697k
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 · 91 lines
Balance sheet
Code20242025
Assets
Total assets20/58€135.30M€124.86M▼
Fixed assets21/28€205k€182k▼
Intangible fixed assets21€1k€731▼
Tangible fixed assets22/27€155k€132k▼
Plant, machinery and equipment23€33k€27k▼
Furniture and vehicles24€106k€94k▼
Other tangible fixed assets26€16k€11k▼
Financial fixed assets28€49k€49k▲
Affiliated companies280/1€35k€35k=
Participating interests280€35k€35k=
Other financial fixed assets284/8€14k€14k▲
Amounts receivable and cash guarantees285/8€14k€14k▲
Current assets29/58€135.09M€124.68M▼
Stocks and contracts in progress3€13.59M€13.28M▼
Stocks30/36€13.59M€13.28M▼
Goods purchased for resale34€13.59M€13.28M▼
Amounts receivable within one year40/41€121.14M€111.28M▼
Trade receivables40€120.90M€111.21M▼
Other amounts receivable41€240k€73k▼
Cash at bank and in hand54/58€300k€38k▼
Deferred charges and accrued income490/1€58k€89k▲
Equity and liabilities
Total equity and liabilities10/49€135.30M€124.86M▼
Equity10/15€25.87M€27.75M▲
Contributions10/11€8.30M€8.30M=
Capital10€8.30M€8.30M=
Issued capital100€8.30M€8.30M=
Reserves13€17.57M€19.45M▲
Non-distributable reserves130/1€791k€830k▲
Legal reserve130€791k€830k▲
Tax-exempt reserves132€2.44M€1.63M▼
Distributable reserves133€14.34M€16.99M▲
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€109.42M€97.11M▼
Amounts payable after more than one year17€920k€0▼
Financial debts170/4€920k€0▼
Subordinated loans170€917k€0▼
Credit institutions173€4k€0▼
Amounts payable within one year42/48€104.03M€93.59M▼
Current portion of amounts payable after more than one year42€1.96M€1.61M▼
Financial debts43€88.97M€78.17M▼
Credit institutions430/8€88.97M€78.17M▼
Other loans439€0-
Trade debts44€11.50M€12.25M▲
Suppliers440/4€11.50M€12.25M▲
Taxes, remuneration and social security45€103k€258k▲
Taxes450/3-€148k
Remuneration and social security454/9€103k€110k▲
Other amounts payable47/48€1.49M€1.30M▼
Accrued charges and deferred income492/3€4.48M€3.52M▼
Income statement
Code20242025
Operating income70/76A€325.03M€384.52M▲
Turnover70€322.99M€384.48M▲
Other operating income74€2.03M€42k▼
Non-recurring operating income76A€10k€0▼
Operating charges60/66A€319.33M€382.42M▲
Goods for resale, raw materials and consumables60€319.96M€380.05M▲
Purchases600/8€312.54M€378.99M▲
Change in stocks: decrease (increase)609€7.41M€1.06M▼
Services and other goods61€1.31M€1.29M▼
Remuneration, social security and pensions62€697k€768k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€43k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-33k€273k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-3.43M€0▲
Other operating charges640/8€777k€2k▼
Operating profit (loss)9901€5.70M€2.10M▼
Financial income75/76B€13.11M€12.96M▼
Recurring financial income75€13.11M€12.96M▼
Income from financial fixed assets750€1.75M€400k▼
Income from current assets751€11.18M€12.43M▲
Other financial income752/9€185k€138k▼
Financial charges65/66B€16.40M€11.30M▼
Recurring financial charges65€16.40M€11.30M▼
Debt charges650€14.49M€10.71M▼
Other financial charges652/9€1.91M€590k▼
Profit (loss) for the period before taxes9903€2.41M€3.76M▲
Income taxes67/77€179k€855k▲
Taxes670/3€179k€855k▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€2.23M€2.91M▲
Transfer from tax-exempt reserves789€189k€1.81M▲
Transfer to tax-exempt reserves689€0€998k▲
Profit (loss) for the period to be appropriated9905€2.42M€3.72M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.42M€3.72M▲
Transfer to equity691/2€1.90M€2.69M▲
To the legal reserve6920€121k€39k▼
To other reserves6921€1.78M€2.65M▲
Profit to be distributed694/7€527k€1.03M▲
Return on contributions (dividend)694€500k€1.00M▲
Employees696€27k€29k▲
Social balance
Average headcount (FTE)90876.26.3▲
The notes to these accounts (69 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €25MEq €25.87M ▲7.1%
7 profitable years in a row build equity to €25.87M.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €3.55M ▲15.4%
Net result €3.55M, the highest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Hove · 1 establishment unit since 2017
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.
Lintsesteenweg 5312540 HoveGround area
2,184 m²
Building footprint
803 m²
Volume, LiDAR
7,630 m³
Parcel 11021C0005/00H000, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
EUROMETAL SERVICE
since 20172.260.280.934
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021C0005/00H000 | Flanders | 2,184 m² | 1 · 803 m² | 15.9 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Antwerpen
controls
EUROMETAL SERVICEBE 0668.676.230
Recognitions · licences · registrations
Legal Entity Identifier
5493002CROVTJXWP2M36
Similar companies · same sector, comparable size
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STEELINVEST GROUP HOLDING
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Antwerpen · Eq €29.39M
VAN BEVEREN
BE 0449.128.212
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STEELINVEST
BE 0475.849.633
Antwerpen · Eq €23.66M
Of 732 companies in sector 46820 we hold annual accounts for 388. 125 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
Founded03-01-2017
Fiscal year end31-12
Abbreviation NL
E.M.S.
Activities, NACEBEL 2025
46820Wholesale trade
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.