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GODMETAAL

Active
Public limited companyfounded 199036 years activeOvenhoek 26, 8800 Roeselare, BelgiumKBO/BCE: BE 0439.889.456
Summary

GODMETAAL has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171,024 and a net result of €3,493. Equity is shrinking by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 33% of 144 sector peers (NACE 24, fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Manufacture of basic metals
NACE 24200Manufacture of fabricated metal products, except machinery and equipment NACE 25120
#7 company by staff growth in Belgium, Basic metals sector1 site
Size
€2.8mturnover 2025
Staff
38.5 FTE
Equity
€171,024
Profit
€3,493
Financial health
65 Healthy Checked score 2025
Bankruptcy probability, 12 months
1.0%
Structure
Largest shareholder
JAJAX · 50%
Accounts 11 days early0 of 5 deeds read
Why 65- Size: turnover €2.8m, 38.5 FTE, total assets €522,873- Sector Manufacture of basic metals (NACE 24)- Liquidity: current ratio 1.49, cash €2,998, halved+ Founded in 1990Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 33% of its sector peers (NACE 24, small)
Financial strength · tick = 2024
Weak
Solvency 58+6
equity 32.7% of total assets
Liquidity 15-30
short-term debt 67.3% · cash 0.6%
Profitability 39-4
return on assets 0.7%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (74 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.8%▲ +0.6 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 1.0%▲ +0.2 percentage points vs 09-2026highest value
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.37 in 2024; short-term debt: 67.3% and cash: 0.6% of total assets), and 67.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 24, small): better than 31% on solvency, 8% on liquidity, 35% on profitability and 57% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Size: turnover €2.8m, 38.5 FTE, total assets €522,873
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Manufacture of basic metals (NACE 24)
KBO
lowers risk · Founded in 1990
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.49, cash €2,998, halved
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €171,024
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-10-2025, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 days early
2024
6 days early
2023
4 days early
2022
7 days early
2021
3 days early
2020
2 days early
2019
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 29% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 25 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close07-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Highest result since 2019net €14,946 ▲366%

Key points

  • Caution: Among the weakest 13% on equitysector median €3.6m · 143 companies €171,024 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 4 years of growth in a rowturnover 2025: €2.8m 4 years View

By topic

Financials

Fiscal year
2025
Turnover
€2.8m
Profit
€3,493
Solvency
32.7%
Turnover▲ 6.3%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2016
Next accounts
by 31-10-2026
  1. 27-10-2023Annual accounts filed
  2. 31-03-2023Back to profit
  3. 31-03-2023Equity above €150,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of basic metalsNACE 24200
Founded
06-02-1990
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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