Metaalbouw Devoldere
ActiveSummary
Metaalbouw Devoldere has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €913k and a net result of €55k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 1034 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-1
Solvency98▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 3.14 against 3.04 in 2024; short-term debt: 24.7% and cash: 29.8% of total assets), and 26.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
73.3%
Return on assets
4.4%
Age of the figures
18 mo
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 2025Equity per financial year
192122232425
2019 to 2025 · latest year €913k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-11-2025, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
on the day
2023
on the day
2022
3 d early
2021
10 d late
2020
2 d late
2019
31 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Equity
€913k▲ 6.4%
2024 · €858k
Total assets
€1.25M▲ 4.7%
2024 · €1.19M
Net result
€55k▼ 3.7%
2024 · €57k
Working capital
€660k▲ 10.1%
2024 · €600k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-161k-€117k€79k▼ 32.7%€86k▲ 9.3%€67k▼ 21.8%
Net result€-174k-€97k€75k▼ 22.7%€57k▼ 24.0%€55k▼ 3.7%
Equity€1.02M-€816k▼ 19.9%€801k▼ 1.8%€858k▲ 7.1%€913k▲ 6.4%
Total assets€1.44M-€1.56M▲ 7.9%€1.29M▼ 17.1%€1.19M▼ 7.8%€1.25M▲ 4.7%
Debt€411k-€732k▲ 77.9%€483k▼ 34.1%€327k▼ 32.3%€329k▲ 0.7%
Working capital€747k-€544k▼ 27.2%€534k▼ 1.9%€600k▲ 12.4%€660k▲ 10.1%
Staff (FTE)7.5-7▼ 6.7%5.3▼ 24.3%5▼ 5.7%6▲ 20.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€278k ▼ 6.2%
Current assets
€968k ▲ 8.3%
Equity and liabilities €1.25M
Equity
€913k ▲ 6.4%
Provisions
€3k ▼ 33.3%
Debt
€329k ▲ 0.7%
Debt's share of the balance-sheet total falls from 27.5% to 26.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€86k▼
2024 · €108k
Cash flow
€73k▼
2024 · €79k
Current ratio
3.14▲
2024 · 3.04
Debt to equity
0.36▼
2024 · 0.38
ROE
6.0%▼
2024 · 6.6%
ROA
4.4%▼
2024 · 4.8%
Interest coverage
16.44▲
2024 · 8.96
Debt ≤ 1 year
€308k▲
2024 · €294k
Debt > 1 year
€21k▼
2024 · €33k
Income taxes
€16k▼
2024 · €21k
Staff costs
€321k▲
2024 · €286k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €44k | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €396k | €279k | €286k | €321k | ▲ 12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €24k | €25k | €22k | €18k | ▼ 16.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €11k | €-31k | €-87k | €-14k | ▲ 84.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-2k | €-616 | - | - | - |
| Other operating charges640/8 | - | €21k | €19k | €108k | €29k | ▼ 73.6% |
| Gross operating margin9900 | €310k | €568k | €371k | €415k | €421k | ▲ 1.4% |
| Operating profit (loss)9901 | €-161k | €117k | €79k | €86k | €67k | ▼ 21.8% |
| Financial income75/76B | - | €2k | €22k | €2k | €7k | ▲ 235% |
| Recurring financial income75 | €360 | €2k | €22k | €2k | €7k | ▲ 235% |
| Financial charges65/66B | - | €6k | €4k | €12k | €5k | ▼ 56.8% |
| Recurring financial charges65 | €15k | €6k | €4k | €12k | €5k | ▼ 56.8% |
| Profit (loss) for the period before taxes9903 | €-176k | €114k | €97k | €76k | €69k | ▼ 9.5% |
| Transfer from deferred taxes780 | - | €2k | €2k | €2k | €2k | = |
| Income taxes67/77 | €431 | €18k | €24k | €21k | €16k | ▼ 24.7% |
| Profit (loss) for the period9904 | €-174k | €97k | €75k | €57k | €55k | ▼ 3.7% |
| Transfer from tax-exempt reserves789 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) for the period to be appropriated9905 | €-171k | €101k | €78k | €60k | €58k | ▼ 3.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.44M | €1.56M | €1.29M | €1.19M | €1.25M | ▲ 4.7% |
| Fixed assets21/28 | €352k | €337k | €319k | €297k | €278k | ▼ 6.2% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €348k | €333k | €318k | €296k | €277k | ▼ 6.2% |
| Land and buildings22 | - | €236k | €235k | €235k | €235k | = |
| Plant, machinery and equipment23 | - | €94k | €81k | €60k | €42k | ▼ 30.6% |
| Furniture and vehicles24 | - | €3k | €1k | - | - | - |
| Financial fixed assets28 | €4k | €4k | €1k | €1k | €1k | = |
| Current assets29/58 | €1.09M | €1.22M | €972k | €894k | €968k | ▲ 8.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €580k | - |
| Other amounts receivable291 | - | - | - | - | €580k | - |
| Stocks and contracts in progress3 | €213k | €0 | - | - | - | - |
| Stocks30/36 | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €711k | €1.02M | €844k | €449k | €5k | ▼ 99.0% |
| Trade receivables40 | - | €1.01M | €697k | €353k | €5k | ▼ 98.7% |
| Other amounts receivable41 | - | €13k | €147k | €96k | €62 | ▼ 99.9% |
| Cash at bank and in hand54/58 | €157k | €194k | €123k | €440k | €371k | ▼ 15.7% |
| Deferred charges and accrued income490/1 | - | €6k | €6k | €5k | €12k | ▲ 131% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.44M | €1.56M | €1.29M | €1.19M | €1.25M | ▲ 4.7% |
| Equity10/15 | €1.02M | €816k | €801k | €858k | €913k | ▲ 6.4% |
| Contributions10/11 | €230k | €230k | €230k | €230k | €230k | = |
| Capital10 | - | €230k | €230k | €230k | €230k | = |
| Issued capital100 | - | €230k | €230k | €230k | €230k | = |
| Reserves13 | €547k | €543k | €540k | €537k | €684k | ▲ 27.4% |
| Non-distributable reserves130/1 | - | €390k | €390k | €390k | €390k | = |
| Legal reserve130 | - | €26k | €26k | €26k | €26k | = |
| Reserves not available under the articles1311 | - | - | - | €364k | €364k | = |
| Other1319 | - | €364k | €364k | - | - | - |
| Tax-exempt reserves132 | - | €128k | €125k | €121k | €118k | ▼ 2.8% |
| Distributable reserves133 | - | €25k | €25k | €25k | €176k | ▲ 594% |
| Profit (loss) carried forward14 | €243k | €43k | €32k | €92k | - | - |
| Provisions and deferred taxes16 | €13k | €9k | €7k | €5k | €3k | ▼ 33.3% |
| Provisions for liabilities and charges160/5 | - | €616 | €0 | - | - | - |
| Pensions and similar obligations160 | - | €616 | €0 | - | - | - |
| Deferred taxes168 | - | €9k | €7k | €5k | €3k | ▼ 33.3% |
| Amounts payable17/49 | €411k | €732k | €483k | €327k | €329k | ▲ 0.7% |
| Amounts payable after more than one year17 | €66k | €55k | €44k | €33k | €21k | ▼ 34.3% |
| Financial debts170/4 | - | €55k | €44k | €33k | €21k | ▼ 34.3% |
| Amounts payable within one year42/48 | €345k | €677k | €439k | €294k | €308k | ▲ 4.6% |
| Current portion of amounts payable after more than one year42 | - | €11k | €11k | €11k | €11k | = |
| Financial debts43 | - | €200k | €200k | €206k | €209k | ▲ 1.4% |
| Credit institutions430/8 | - | €200k | €200k | €206k | €209k | ▲ 1.4% |
| Trade debts44 | €52k | €59k | €80k | €28k | €16k | ▼ 43.2% |
| Suppliers440/4 | - | €59k | €80k | €28k | €16k | ▼ 43.2% |
| Taxes, remuneration and social security45 | - | €106k | €58k | €50k | €72k | ▲ 45.4% |
| Taxes450/3 | - | €59k | €17k | €9k | €32k | ▲ 245% |
| Remuneration and social security454/9 | - | €47k | €41k | €40k | €40k | ▼ 0.2% |
| Other amounts payable47/48 | - | €300k | €90k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-174k | €97k | €75k | €57k | €55k | ▼ 3.7% |
| + Depreciation and write-downs630 | €36k | €24k | €25k | €22k | €18k | ▼ 16.3% |
| Operating cash flow (approximation) | €-138k | €121k | €100k | €79k | €73k | ▼ 7.2% |
| Investment in fixed assets (approximation) | - | €-9k | €-7k | €0 | €0 | - |
| Change in cash | - | €36k | €-71k | €317k | €-69k | ▼ 122% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
17-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €97k
Net result €97k after one loss-making year.
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
31-03
Financial
Weakest financial yearnet €-174k
Net result drops to €-174k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity doublescurrent ratio 3.16
Current ratio from 1.51 to 3.16; short-term debt falls from €1.78M to €345k.
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
14 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, Pittem · 1 establishment unit since 1991
Ground area
5,709 m²
Building footprint
2,361 m²
Volume, LiDAR
17,117 m³
Parcel 37011A1349/00F002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Devoldere Construct
since 19912.051.357.285
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011A1349/00F002 | Flanders | 5,709 m² | 1 · 2,361 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 41,009 EUR awarded · 40,977 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 10,846 EUR | 10,846 EUR |
| 2024 | 2 | 12,149 EUR | 12,149 EUR |
| 2023 | 2 | 5,407 EUR | 5,407 EUR |
| 2022 | 2 | 12,607 EUR | 12,575 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Similar companies · same sector, comparable size
M.A.C. ALLAEYS
BE 0454.853.685
Sint-Niklaas · Eq €915k
bouw met staal
BE 0627.623.058
Oostrozebeke · Eq €910k
De Vos Metaalconstruct
BE 0738.796.540
Evergem · Eq €917k
SPRANCO
BE 0667.613.485
Hoogstraten · Eq €919k
Fabrication Tolerie Electrique
BE 0428.978.837
Namur · Eq €907k
Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,377 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-01-1991
Fiscal year end31-03
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
43320Joinery installation
43421Specialised construction activities
77320Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.