METACO
ActiveMETACO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.42M and a net result of €130k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-14
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 4.85 against 18.08 in 2024; short-term debt: 16.1% and cash: 14.5% of total assets), and 16.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
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
83.9%
Return on assets
7.7%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
39 d early
2023
45 d early
2022
40 d early
2021
34 d early
2020
43 d early
2019
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€130k▼ 57.4%
2024 · €306k
2018: €12k
2019: €73k
2020: €140k
2021: €168k
2022: €96k
2023: €173k
2024: €306k
2018 → 2025
Working capital
€1.05M▼ 7.3%
2024 · €1.14M
2018: €285k
2019: €405k
2020: €480k
2021: €585k
2022: €694k
2023: €808k
2024: €1.14M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.02M-€1.11M▲ 9.5%€1.24M▲ 11.0%€1.44M▲ 16.6%€1.42M▼ 1.4%
Operating result€190k-€18k▼ 90.4%€211k▲ 1,058%€237k▲ 12.3%€154k▼ 35.0%
Net result€168k-€96k▼ 42.9%€173k▲ 79.9%€306k▲ 76.6%€130k▼ 57.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.70M
Fixed assets
€368k▼ 9.1%
Current assets
€1.33M▲ 10.3%
Equity and liabilities €1.70M
Equity
€1.42M▼ 1.4%
Debt
€274k▲ 63.7%
The debt ratio rises from 10.4% to 16.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€207k▼
2024 · €297k
Cash flow
€183k▼
2024 · €366k
Solvency
83.9%▼
2024 · 89.6%
Current ratio
4.85▼
2024 · 18.08
Quick ratio
4.74▼
2024 · 15.92
Debt / equity
0.19▲
2024 · 0.12
ROE
9.1%▼
2024 · 21.2%
ROA
7.7%▼
2024 · 19.0%
Interest coverage
79.02▼
2024 · 125.16
Debt
€274k▲
2024 · €167k
Debt ≤ 1 year
€274k▲
2024 · €67k
Income taxes
€45k▲
2024 · €37k
Staff costs
€541k▲
2024 · €406k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.61M€1.70M▲
Fixed assets21/28€405k€368k▼
Tangible fixed assets22/27€155k€118k▼
Land and buildings22€39k€32k▼
Plant, machinery and equipment23€90k€67k▼
Furniture and vehicles24€26k€19k▼
Financial fixed assets28€250k€250k=
Current assets29/58€1.21M€1.33M▲
Stocks and contracts in progress3€144k€31k▼
Stocks30/36€144k€31k▼
Amounts receivable within one year40/41€361k€361k▲
Trade receivables40€207k€201k▼
Other amounts receivable41€154k€160k▲
Current investments50/53€500k€498k▼
Cash at bank and in hand54/58€197k€246k▲
Deferred charges and accrued income490/1€3k€192k▲
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.70M▲
Equity10/15€1.44M€1.42M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.38M€1.36M▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.37M€1.35M▼
Amounts payable17/49€167k€274k▲
Amounts payable within one year42/48€67k€274k▲
Trade debts44€40k€62k▲
Suppliers440/4€40k€62k▲
Taxes, remuneration and social security45€26k€61k▲
Taxes450/3€2k€17k▲
Remuneration and social security454/9€24k€43k▲
Other amounts payable47/48€1k€151k▲
Accrued charges and deferred income492/3€101k-
Income statement
Code20242025
Remuneration, social security and pensions62€406k€541k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€52k▼
Other operating charges640/8€14k€40k▲
Gross operating margin9900€718k€787k▲
Operating profit (loss)9901€237k€154k▼
Financial income75/76B€108k€23k▼
Recurring financial income75€108k€23k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€343k€175k▼
Income taxes67/77€37k€45k▲
Profit (loss) for the period9904€306k€130k▼
Profit (loss) for the period to be appropriated9905€306k€130k▼
Appropriation of the result
Profit (loss) to be appropriated9906€306k€130k▼
Transfer from equity791/2-€20k
Transfer to equity691/2€206k-
To other reserves6921€206k-
Profit to be distributed694/7€100k€150k▲
Return on contributions (dividend)694-€150k
Directors or managers695€100k-
Social balance
Average headcount (FTE)90877.28.0▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €306k ▲76.6%
Operating result €237k, net result €306k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 18.08
Current ratio from 4.40 to 18.08; short-term debt falls from €237k to €67k.
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.02M ▲10.1%
4 profitable years in a row build equity to €1.02M.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oostende · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Handelsstraat 248400 OostendeGround area
1.5 ha
Building footprint
3,703 m²
Volume, LiDAR
20,270 m³
Parcel 35382D0139/00Y003, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
METACO
since 19982.088.744.748
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382D0139/00Y003 | Flanders | 1.5 ha | 1 · 3,703 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 · 4 entries · 3,038 EUR awarded · 3,148 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,749 EUR | 1,709 EUR |
| 2024 | 1 | 441 EUR | 441 EUR |
| 2023 | 1 | 432 EUR | 582 EUR |
| 2022 | 1 | 416 EUR | 416 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvalsHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
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Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,175 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-09-1998
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
33150Repair, maintenance and installation of machinery and equipment
35110Production of electricity from non-renewable sources
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.