METADO
ActiveSummary
METADO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €510,545 and a net result of €94,776. Equity is growing by ~27% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability87▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 4.68 against 29.32 in 2023; short-term debt: 21.4% and cash: 62.2% of total assets), and 21.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
78.6%
Return on assets
14.6%
Age of the figures
21 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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
34 d early
2023
33 d early
2022
31 d early
2021
31 d early
2020
36 d early
2019
35 d 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 34 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€510,545▼ 6.3%
2023 · €544,769
Total assets
€649,595▲ 15.2%
2023 · €564,003
Net result
€94,776▼ 1.4%
2023 · €96,139
Working capital
€510,875▼ 6.2%
2023 · €544,640
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€164,769▲ 39.2%€142,637▼ 13.4%€142,523▼ 0.1%€142,161▼ 0.3%€140,602▼ 1.1%
Net result€112,681above the sector's middle half▲ 48.6%€96,729above the sector's middle half▼ 14.2%€95,509above the sector's middle half▼ 1.3%€96,139above the sector's middle half▲ 0.7%€94,776above the sector's middle half▼ 1.4%
Equity€256,392above the sector's middle half▲ 78.4%€353,121above the sector's middle half▲ 37.7%€448,630above the sector's middle half▲ 27.0%€544,769above the sector's middle half▲ 21.4%€510,545above the sector's middle half▼ 6.3%
Total assets€288,721within the sector's middle half▲ 82.9%€383,906within the sector's middle half▲ 33.0%€482,635within the sector's middle half▲ 25.7%€564,003above the sector's middle half▲ 16.9%€649,595above the sector's middle half▲ 15.2%
Debt€32,329▲ 128%€30,786▼ 4.8%€34,005▲ 10.5%€19,234▼ 43.4%€139,050▲ 623%
Working capital€256,392above the sector's middle half▲ 78.4%€352,496above the sector's middle half▲ 37.5%€448,253above the sector's middle half▲ 27.2%€544,640above the sector's middle half▲ 21.5%€510,875above the sector's middle half▼ 6.2%
Solvency88.8%above the sector's middle half▼ 2.2pp92.0%above the sector's middle half▲ 3.2pp93.0%above the sector's middle half▲ 1.0pp96.6%above the sector's middle half▲ 3.6pp78.6%within the sector's middle half▼ 18.0pp
Current ratio8.93above the sector's middle half▼ 2.2012.45above the sector's middle half▲ 3.5214.18above the sector's middle half▲ 1.7329.32above the sector's middle half▲ 15.134.68within the sector's middle half▼ 24.63
Return on assets (ROA)39.0%above the sector's middle half▼ 9.0pp25.2%within the sector's middle half▼ 13.8pp19.8%within the sector's middle half▼ 5.4pp17.0%within the sector's middle half▼ 2.7pp14.6%within the sector's middle half▼ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 1% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €649,595
Equity
€510,545 ▼ 6.3%
Debt
€139,050 ▲ 623%
Debt's share of the balance-sheet total rises from 3.4% to 21.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€140,730▼
2023 · €142,409
Cash flow
€94,904▼
2023 · €96,388
Debt to equity
0.27▲
2023 · 0.04
ROE
18.6%▲
2023 · 17.6%
Interest coverage
99.93▼
2023 · 116.98
Debt ≤ 1 year
€138,720▲
2023 · €19,234
Income taxes
€44,417▼
2023 · €44,804
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €120 | €248 | €248 | €129 | ▼ 48.2% |
| Other operating charges640/8 | - | €348 | €369 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €165,116 | €143,104 | €143,141 | €142,794 | €141,117 | ▼ 1.2% |
| Operating profit (loss)9901 | €164,769 | €142,637 | €142,523 | €142,161 | €140,602 | ▼ 1.1% |
| Recurring financial income75 | €1 | - | - | - | - | - |
| Financial charges65/66B | - | €980 | €2,484 | €1,217 | €1,408 | ▲ 15.7% |
| Recurring financial charges65 | €165 | €980 | €2,484 | €1,217 | €1,408 | ▲ 15.7% |
| Profit (loss) for the period before taxes9903 | €164,604 | €141,657 | €140,039 | €140,944 | €139,193 | ▼ 1.2% |
| Income taxes67/77 | €51,924 | €44,928 | €44,530 | €44,804 | €44,417 | ▼ 0.9% |
| Profit (loss) for the period9904 | €112,681 | €96,729 | €95,509 | €96,139 | €94,776 | ▼ 1.4% |
| Profit (loss) for the period to be appropriated9905 | €112,681 | €96,729 | €95,509 | €96,139 | €94,776 | ▼ 1.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €288,721 | €383,906 | €482,635 | €564,003 | €649,595 | ▲ 15.2% |
| Fixed assets21/28 | - | €625 | €377 | €129 | - | - |
| Tangible fixed assets22/27 | - | €625 | €377 | €129 | - | - |
| Furniture and vehicles24 | - | €625 | €377 | €129 | - | - |
| Current assets29/58 | €288,721 | €383,281 | €482,258 | €563,874 | €649,595 | ▲ 15.2% |
| Amounts receivable within one year40/41 | €0 | - | - | €196 | €624 | ▲ 219% |
| Other amounts receivable41 | - | - | - | €196 | €624 | ▲ 219% |
| Current investments50/53 | - | - | €244,960 | €244,960 | €244,960 | = |
| Cash at bank and in hand54/58 | €288,721 | €383,281 | €237,298 | €318,719 | €404,011 | ▲ 26.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €288,721 | €383,906 | €482,635 | €564,003 | €649,595 | ▲ 15.2% |
| Equity10/15 | €256,392 | €353,121 | €448,630 | €544,769 | €510,545 | ▼ 6.3% |
| Contributions10/11 | - | €8,060 | €8,060 | €8,060 | €8,060 | = |
| Reserves13 | €237,000 | €332,000 | €427,000 | €523,100 | €488,850 | ▼ 6.5% |
| Distributable reserves133 | - | €332,000 | €427,000 | €523,100 | €488,850 | ▼ 6.5% |
| Profit (loss) carried forward14 | €11,332 | €13,061 | €13,570 | €13,609 | €13,635 | ▲ 0.2% |
| Amounts payable17/49 | €32,329 | €30,786 | €34,005 | €19,234 | €139,050 | ▲ 623% |
| Amounts payable within one year42/48 | €32,329 | €30,786 | €34,005 | €19,234 | €138,720 | ▲ 621% |
| Trade debts44 | €669 | - | €369 | - | €387 | - |
| Suppliers440/4 | - | - | €369 | - | €387 | - |
| Taxes, remuneration and social security45 | - | €29,571 | €32,214 | €17,229 | €7,823 | ▼ 54.6% |
| Taxes450/3 | - | €29,571 | €32,214 | €17,229 | €7,823 | ▼ 54.6% |
| Other amounts payable47/48 | - | €1,215 | €1,422 | €2,005 | €130,510 | ▲ 6,409% |
| Accrued charges and deferred income492/3 | - | - | - | - | €330 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €112,681 | €96,729 | €95,509 | €96,139 | €94,776 | ▼ 1.4% |
| + Depreciation and write-downs630 | - | €120 | €248 | €248 | €129 | ▼ 48.2% |
| Operating cash flow (approximation) | €112,681 | €96,848 | €95,757 | €96,388 | €94,904 | ▼ 1.5% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - | - |
| Change in cash | - | €94,561 | -€145,984 | €81,421 | €85,292 | ▲ 4.8% |
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
2026
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 29.32
Current ratio from 14.18 to 29.32; short-term debt falls from €34,005 to €19,234.
31-12
Financial
Equity above €500,000Eq €544,769 ▲21.4%
6 profitable years in a row build equity to €544,769.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €112,681 ▲48.6%
Operating result €164,769, net result €112,681, both a record.
31-12
Financial
Equity above €200,000Eq €256,392 ▲78.4%
3 profitable years in a row build equity to €256,392.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 6current ratio 11.13
Current ratio from 1.89 to 11.13; short-term debt falls from €75,921 to €14,188.
Show earlier events
31-12
Financial
Equity above €100,000Eq €143,712 ▲112%
2 profitable years in a row build equity to €143,712.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2003
Ground area
2,105 m²
Building footprint
985 m²
Volume, LiDAR
16,783 m³
Parcel 21804D1209/00M000, Brussels · tallest building 21.6 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Metado
since 20032.134.455.108
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1209/00M000 | Brussels | 2,105 m² | 1 · 985 m² | 21.6 m · 6 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500NC81XYZQNSMV87
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 34,511 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861576566
Registered
14-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.