Financials
- Financial year
- 2025
- Total assets
- €781,141
- Profit
- €84,296
- Solvency
- 25.5%
Total assets▲ 12.4%
Net result
20192025
MET
ActiveSummary
MET has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,881 and a net result of €84,296. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 46% of 16,816 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Full-service restaurants
NACE 56111
1 site
Size
€781,141total assets 2025
- Staff
- 7.5 FTE
- Equity
- €198,881
- Profit
- €84,296
Turnover not published (micro format)
Structure
- Largest shareholder
- TU · 50%
- Tecel UlutürkDirector
2025 accounts 39 days early1 of 4 deeds summarised
Why 89raises riskSector: Food and beverage service activities (NACE 56)lowers riskSize: total assets €781,141Figures for financial year 2025 (filed 22-06-2026)Liquidity: current ratio 1.44, cash €193,797Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency
50-4
equity 25.5% of total assets
Liquidity
74+1
short-term debt 21.9% · cash 24.8%
Profitability
81+32
return on assets 10.8%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.5%▼ -0.4 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.4%▼ -0.1 percentage points vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.4%▼ -0.1 percentage points vs 05-2026
07-2026: 0.2%▼ -0.2 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.44, compared with 2.37 in 2024, below the usual 1.5; short-term debt: 21.9% and cash: 24.8% of total assets), and 74.5% of the assets are financed with debt and provisions.
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 56, micro): better than 46% on solvency, 77% on liquidity, 67% on profitability and 42% on growth.
The bankruptcy probability was computed on 23-10-2026 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
Five signals.
lowers riskraises riskneutral
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 22-06-2026, 39 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
39 days early
2024
5 days late
2023
20 days late
2022
21 days late
2021
29 days late
2020
18 days late
2019
27 days late
← 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 12 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- Largest shareholder
- TU · 50%
- Tecel UlutürkDirector
Timeline
- Events
- 13
- Since
- 2020
- Next accounts
- by 31-07-2027
- 21-11-2023Resignations: Tecel Ulutürk (director) and Stefaan Maene…
- 21-08-2023Annual accounts filed
- 31-12-2022Highest result from 2019 to 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 05-04-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 27
- Annual meeting
- Third Thursday of June at 10:00
- Purpose
- “De exploitatie van spijshuis en drankgelegenheid met bijkomende verkoop van tabak…” (deed in Dutch)
Key facts about MET
- What is the company number of MET?
- 0693.936.515. In Belgium the VAT number is the company number with BE in front: BE 0693.936.515.
- Where is MET based?
- The registered office is at Walstraat 11, 8000 Brugge.Company details
- What does MET do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of MET?
- Private limited company (BV).
- When was MET founded?
- On 05-04-2018.
- Is MET still active?
- Yes, MET is an active enterprise in the KBO register.
- How many employees does MET have?
- On average 7.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MET?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is MET profitable?
- In financial year 2025, MET made a profit of €84,296.
- Where can I find the annual accounts of MET?
- MET filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MET due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to MET
Shareholders
- TU50%
Comparable companies
- LACROIXNamur
- RESTAURANT LE GAOUTournai
- BlendbyRauwHeusden-Zolder
- KARAWADurbuy
- LUAN COSIZottegem
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