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Meta Limburg

Judicial reorganisation
Public limited companyfounded 2009active for 17 yearsAarschotsesteenweg 22, 3012 Leuven, BelgiumKBO/BCE: BE 0817.343.774
Summary

The file of Meta Limburg contains 1 judicial reorganisation, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €844,567 and a net result of €22,979. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 82% of 12,578 sector peers (NACE 47, financial year 2025).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Leuven
Opened
22 June 2020
Track
Reorganisation by amicable settlement
Docket number
20200003
Moratorium until
18 August 2020 (passed; an extension would be in a later judgment)
Delegated judge
Rene Thielens
Official Gazette
26-06-2020 (pdf) ↗search the document for 2020/122511

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. An amicable settlement binds only the creditors who sign it. You decide whether you sign.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521
1 site
Size
€1.2mtotal assets 2025
Staff
10.3 FTE
Equity
€844,567
Profit
€22,979
Turnover not published (abbreviated format)
Financial health
24 Critical Checked score 2025
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Largest shareholder
COMAREL · 50%
  • ComaLevaDirector · permanent representative BUTAYE Christine
  • DOMAXDirector · permanent representative BUTAYE Isabelle
  • BEAULIEU DE BROCUYDirector · permanent representative Christian Boon-Falleur
Accounts 39 days early2 of 13 deeds read
Signalsraises riskIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 96+3
equity 70.5% of total assets
Liquidity 60=
short-term debt 29.5% · cash 17.3%
Profitability 21-6
return on assets 1.9%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity ample (current ratio 3.12, compared with 2.82 in 2024, above the usual 1.5; short-term debt: 29.5% and cash: 17.3% of total assets), and 29.5% of the assets are financed with debt and provisions.

Signals

Two signals.
raises riskneutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 22-05-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 days early
2024
3 days early
2023
59 days early
2022
37 days early
2021
42 days early
2020
35 days early
2019
38 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 36 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 22 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today30-11-2026 year end30-06-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: NV Beaulieu de Brocuy (director)Permanent representative: Christian Boon-Falleur ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Resignations: COMAREL (director) and BUTAYE Isabelle…Permanent representatives: BUTAYE Christine and…

Key points

  • Risk: In judicial reorganisationtrustee not known 22-06-2020 View
  • Caution: Result fell in 2025from €79,019 to €22,979 ▼ 70.9% View
  • Board changedlatest change 24-04-2026 · 3 in office 3 joined · 1 left View
  • Positive: Among the best 17% on equitysector median €238,112 · 12,588 companies €844,567 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 6 profitable years in a rowprofit 2025: €22,979 6 years View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Profit
€22,979
Solvency
70.5%
Total assets▼ 1.3%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Largest shareholder
COMAREL · 50%
  • ComaLevaDirector
  • DOMAXDirector
  • BEAULIEU DE BROCUYDirector
Go to Board & ownership

Timeline

Events
22
Since
2011
Next accounts
by 30-06-2027
  1. 27-06-2025Annual accounts filed
  2. 02-05-2024Annual accounts filed
  3. 24-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of hardware, building materials, paint and…NACE 47521
Founded
27-07-2009
Year ends
30-11
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
40
Annual meeting
Last Friday of April at 16:00
Purpose
“In alle gereedschappen, producten, apparaten, meubilering en materialen dienstig voor de…” (deed in Dutch)
Go to Articles of association

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