METAFIL
ActiveMETAFIL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €9k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 1029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+2
Solvency51▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 4.7 against 2.28 in 2024; short-term debt: 15.4% and cash: 0.4% of total assets), but 74.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 1029 sector peers (2025).
NBB · sector comparisonPosition among 1029 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-10-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
13 d early
2023
18 d early
2022
17 d early
2021
16 d early
2020
1 d early
2019
28 d early
← before the deadline
after the deadline →
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 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€138k▲ 6.7%
2024 · €130k
2019: €149k
2020: €157k
2021: €162k
2022: €182k
2023: €190k
2024: €130k
2019 → 2025
Total assets
€538k▲ 2.2%
2024 · €526k
2019: €521k
2020: €395k
2021: €402k
2022: €532k
2023: €599k
2024: €526k
2019 → 2025
Net result
€9k▲ 200%
2024 · €3k
2019: €17k
2020: €8k
2021: €4k
2022: €20k
2023: €8k
2024: €3k
2019 → 2025
Working capital
€307k▲ 51.1%
2024 · €203k
2019: €235k
2020: €72k
2021: €45k
2022: €50k
2023: €15k
2024: €203k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€162k-€182k▲ 12.3%€190k▲ 4.3%€130k▼ 31.6%€138k▲ 6.7%
Operating result€10k-€27k▲ 171%€15k▼ 42.2%€15k▼ 2.0%€17k▲ 12.2%
Net result€4k-€20k▲ 350%€8k▼ 60.4%€3k▼ 63.1%€9k▲ 200%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €538k
Fixed assets
€148k▼ 9.9%
Current assets
€390k▲ 7.7%
Equity and liabilities €538k
Equity
€138k▲ 6.7%
Debt
€400k▲ 0.8%
The debt ratio falls from 75.4% to 74.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70k▼
2024 · €78k
Cash flow
€61k▼
2024 · €66k
Solvency
25.7%▲
2024 · 24.6%
Current ratio
4.70▲
2024 · 2.28
Quick ratio
3.45▲
2024 · 1.34
Debt / equity
2.89▼
2024 · 3.06
ROE
6.3%▲
2024 · 2.2%
ROA
1.6%▲
2024 · 0.6%
Interest coverage
14.68▲
2024 · 7.80
Debt
€400k▲
2024 · €397k
Debt ≤ 1 year
€83k▼
2024 · €159k
Debt > 1 year
€316k▲
2024 · €238k
Income taxes
€4k▲
2024 · €2k
Staff costs
€65k▼
2024 · €155k
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€526k€538k▲
Fixed assets21/28€164k€148k▼
Tangible fixed assets22/27€164k€148k▼
Plant, machinery and equipment23€79k€88k▲
Furniture and vehicles24€82k€58k▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€40€40=
Current assets29/58€362k€390k▲
Stocks and contracts in progress3€149k€104k▼
Stocks30/36€119k€104k▼
Contracts in progress37€30k€0▼
Amounts receivable within one year40/41€200k€277k▲
Trade receivables40€191k€277k▲
Other amounts receivable41€8k€0▼
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€526k€538k▲
Equity10/15€130k€138k▲
Contributions10/11€12k€12k=
Reserves13€117k€126k▲
Distributable reserves133€117k€126k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€397k€400k▲
Amounts payable after more than one year17€238k€316k▲
Financial debts170/4€238k€316k▲
Amounts payable within one year42/48€159k€83k▼
Current portion of amounts payable after more than one year42€26k€25k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€54k€31k▼
Suppliers440/4€54k€31k▼
Taxes, remuneration and social security45€19k€18k▼
Taxes450/3€8k€7k▼
Remuneration and social security454/9€11k€11k▼
Other amounts payable47/48€60k€9k▼
Accrued charges and deferred income492/3-€272
Income statement
Code20242025
Remuneration, social security and pensions62€155k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€53k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€743€0▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€236k€137k▼
Operating profit (loss)9901€15k€17k▲
Financial income75/76B€50€527▲
Recurring financial income75€50€527▲
Financial charges65/66B€10k€5k▼
Recurring financial charges65€10k€5k▼
Profit (loss) for the period before taxes9903€5k€13k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€3k€9k▲
Profit (loss) for the period to be appropriated9905€3k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€9k▲
Transfer from equity791/2€60k€0▼
Transfer to equity691/2€3k€9k▲
To other reserves6921€3k€9k▲
Profit to be distributed694/7€60k€0▼
Return on contributions (dividend)694€60k€0▼
Social balance
Average headcount (FTE)9087-1.1
The notes to these accounts (15 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
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Liquidity doublescurrent ratio 4.70
Current ratio from 2.28 to 4.70; short-term debt falls from €159k to €83k.
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Weakest financial yearnet €3k ▼63.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity doublescurrent ratio 2.28
Current ratio from 1.04 to 2.28; short-term debt falls from €358k to €159k.
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2019net €20k ▲350%
Operating result €27k, net result €20k, both a record.
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Equity above €150kEq €157k ▲5.4%
2 profitable years in a row build equity to €157k.
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-09
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
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, Oudenaarde · 1 establishment unit since 2006
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.
Meersbloem-Leupegem 49700 OudenaardeGround area
3,722 m²
Building footprint
1,405 m²
Volume, LiDAR
8,343 m³
Parcel 45023A1484/00K002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
METAFIL
since 20062.153.342.194
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45023A1484/00K002 | Flanders | 3,722 m² | 1 · 1,405 m² | 10.4 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 · 2 entries · 799 EUR awarded · 799 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 799 EUR | 799 EUR |
Schemes
Stagebonus (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
les Ateliers HMC
BE 0426.637.771
Herstal · Eq €138k
Demaco Piping
BE 0703.966.612
Deinze · Eq €138k
MEEMATEC
BE 0789.727.379
Peer · Eq €138k
Fijnmechaniek Feijen
BE 1002.622.781
Hamont-Achel · Eq €139k
M.V.R.
BE 0438.996.858
Hamont-Achel · Eq €138k
Of 3,463 companies in sector 25530 we hold annual accounts for 1,658. 1,310 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2006
Fiscal year end31-03
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
28110
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.