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METAAL OP MAAT

Active
Private limited companyfounded 2004active for 21 yearsAchiel Quatannensstraat(H) 5, 8551 Zwevegem, BelgiumKBO/BCE: BE 0870.013.685

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

METAAL OP MAAT has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €188,988 and a net result of €56,811. Equity has been shrinking by about 16% per year since 2019. Its solvency ranks better than 33% of 72 sector peers (NACE 25, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 17-11-2004 Normal situation
Activity
Manufacture of metal structures and parts of structures NACE 25110and 4 others
Establishment unit
2.228.549.066 8553 Zwevegem, since 01-09-2013
Financial year end
30 June
Peppol
Reachable since 15-10-2025

Board and ownership

Board
  • VANDEMU-INVESTDirector · since 08-05-2026 · permanent representative Heikki Vandeputte

Financial position

89 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-06-2026
Gross margin
€692,225
▲ 20.3%
Turnover
≈ €1.6m
estimated
Profit
€56,811
Equity
€188,988
▲ 43.0%
Total assets
€520,624
▲ 14.5%
Staff
9 FTE
▼ 8.2%
Filed on 01-10-2026, 122 days before the deadlineat the National Bank
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.45, cash €215,241Figures for financial year 2026 (filed on 05-10-2026)Size: total assets €520,624Show the evidence

Checked score

Score 2026
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 65% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2025
Strong
Solvency 61+7
equity 36.3% of total assets
Liquidity 66+29
short-term debt 63.7% · cash 41.3%
Profitability 82+77
return on assets 10.9%
Bankruptcy probability within 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).

Sector median 0.5% (3,706 companies, NACE 25, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.4%▲ +0.2 percentage points vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.9%▲ +0.4 percentage points vs 03-2026highest value 05-2026: 0.9%● unchanged vs 04-2026highest value 06-2026: 0.9%● unchanged vs 05-2026highest value 07-2026: 0.9%● unchanged vs 06-2026highest value 08-2026: 0.9%● unchanged vs 07-2026highest value 09-2026: 0.9%● unchanged vs 08-2026highest value 10-2026: 0.2%▼ -0.7 percentage points vs 09-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.45 (1.23 in 2025), below the usual 1.5. Short-term debt is 63.7% and cash 41.3% of total assets. 63.7% of the assets are financed with debt and provisions.
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 25, micro). It does better than 39% of them on solvency, 67% on liquidity, 68% on profitability and 84% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.45, cash €215,241
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 05-10-2026)
NBB · annual accounts
lowers risk · Size: total assets €520,624
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 01-10-2026, 122 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
122 days early
2025
2 days early
2024
32 days early
2023
5 days early
2022
2 days early
2021
3 days early
2020
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 26 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today30-06-2027 year end31-01-2028 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Board changedlatest change 08-05-2026 · 1 in office 1 joined · 3 left View
  • Positive: Back in profit in 2026after a loss of €48,381 in 2025 €56,811 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 7 years View

Comparable companies

These companies have the same main activity as METAAL OP MAAT: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €465,000 and €778,000, founded between 1997 and 2008.

CompanyTotal assetsGross margin
METAAL OP MAAT Zwevegem€520,624€692,225
GROUP DESMET Harelbeke€531,436€771,534
Metaalwerken Starkey Totaalinrichting Bredene€465,288€540,556
OSTINOX Anzegem€754,982€578,985
SVL METAALCONSTRUCTIE Waregem€664,178€520,730
Ateliers BERTON Trooz€609,225€619,216
Verhelst MVC Eeklo€777,568€627,952
Full comparison

Documents

Annual accounts at the NBB

All 21 annual accounts

Articles and registers

Key facts about METAAL OP MAAT

What is the company number of METAAL OP MAAT?
The company number of METAAL OP MAAT is 0870.013.685. The VAT number is the same number with BE in front: BE 0870.013.685.
Where is METAAL OP MAAT based?
The registered office is at Achiel Quatannensstraat(H) 5, 8551 Zwevegem.Company details
What does METAAL OP MAAT do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of METAAL OP MAAT?
The legal form of METAAL OP MAAT is Private limited company (BV).
When was METAAL OP MAAT founded?
METAAL OP MAAT was founded on 17-11-2004.
Is METAAL OP MAAT still active?
Yes, METAAL OP MAAT is an active enterprise in the KBO register.
How many employees does METAAL OP MAAT have?
METAAL OP MAAT had an average of 9 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of METAAL OP MAAT?
The turnover in financial year 2026 is ≈ €1.6m. This figure is estimated from the gross margin of €692,225 and 2,285 comparable companies of the same size. It probably lies between €980,000 and €2.8m. It is a rough estimate.
Is METAAL OP MAAT profitable?
In financial year 2026, METAAL OP MAAT made a profit of €56,811.
Where can I find the annual accounts of METAAL OP MAAT?
METAAL OP MAAT filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank
When are the next annual accounts of METAAL OP MAAT due?
METAAL OP MAAT must file the annual accounts for financial year 2027 by 31-01-2028.Timeline

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