Metafose
ActiveMetafose has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €156k and a net result of €-5k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 122 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-5
Solvency46=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.84 against 3.37 in 2023), but 81.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 24
Relative position
BE, all sectors
reference
Sector 24
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.6%
Return on assets
-0.6%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
40 d early
2021
34 d early
2020
53 d late
2019
6 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€156k▼ 3.0%
2023 · €161k
2018: €132k
2019: €136k
2020: €139k
2021: €145k
2022: €160k
2023: €161k
2018 → 2024
Total assets
€836k=
2023 · €836k
2018: €668k
2019: €925k
2020: €896k
2021: €900k
2022: €868k
2023: €836k
2018 → 2024
Net result
€-5k
2023 · €2k
2018: €11k
2019: €4k
2020: €3k
2021: €6k
2022: €15k
2023: €2k
2018 → 2024
Working capital
€190k▲ 0.4%
2023 · €189k
2018: €81k
2019: €138k
2020: €170k
2021: €152k
2022: €167k
2023: €189k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€139k-€145k▲ 4.4%€160k▲ 10.1%€161k▲ 0.6%€156k▼ 3.0%
Operating result€15k-€18k▲ 25.5%€29k▲ 59.3%€14k▼ 50.9%€7k▼ 53.5%
Net result€3k-€6k▲ 104%€15k▲ 139%€2k▼ 88.1%€-5k
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 two years in a row; 2024 is 53% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €836k
Fixed assets
€544k▼ 4.3%
Current assets
€292k▲ 8.9%
Equity and liabilities €836k
Equity
€156k▼ 3.0%
Debt
€680k▲ 0.7%
The debt ratio rises from 80.8% to 81.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€55k▼
2023 · €60k
Cash flow
€43k▼
2023 · €48k
Solvency
18.6%▼
2023 · 19.2%
Current ratio
2.84▼
2023 · 3.37
Quick ratio
1.54▼
2023 · 1.74
Debt / equity
4.37▲
2023 · 4.21
ROE
-3.1%▼
2023 · 1.1%
ROA
-0.6%▼
2023 · 0.2%
Interest coverage
4.70▼
2023 · 5.35
Debt
€680k▲
2023 · €676k
Debt ≤ 1 year
€103k▲
2023 · €80k
Debt > 1 year
€578k▼
2023 · €596k
Income taxes
€140▼
2023 · €1k
Staff costs
€92k▲
2023 · €81k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€836k€836k=
Fixed assets21/28€568k€544k▼
Tangible fixed assets22/27€568k€544k▼
Land and buildings22€554k€523k▼
Plant, machinery and equipment23€10k€19k▲
Furniture and vehicles24€4k€2k▼
Current assets29/58€268k€292k▲
Stocks and contracts in progress3€130k€134k▲
Stocks30/36€19k€22k▲
Contracts in progress37€111k€113k▲
Amounts receivable within one year40/41€63k€109k▲
Trade receivables40€63k€109k▲
Cash at bank and in hand54/58€74k€48k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€836k€836k=
Equity10/15€161k€156k▼
Contributions10/11€25k€25k=
Reserves13€136k€131k▼
Non-distributable reserves130/1€50€50=
Reserves not available under the articles1311€50€50=
Distributable reserves133€136k€131k▼
Amounts payable17/49€676k€680k▲
Amounts payable after more than one year17€596k€578k▼
Financial debts170/4€596k€578k▼
Amounts payable within one year42/48€80k€103k▲
Current portion of amounts payable after more than one year42€18k€19k▲
Trade debts44€2k€16k▲
Suppliers440/4€2k€16k▲
Taxes, remuneration and social security45€18k€27k▲
Taxes450/3€8k€15k▲
Remuneration and social security454/9€9k€12k▲
Other amounts payable47/48€42k€41k▼
Income statement
Code20232024
Remuneration, social security and pensions62€81k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€48k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€145k€151k▲
Operating profit (loss)9901€14k€7k▼
Financial income75/76B€217€206▼
Recurring financial income75€217€206▼
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€3k€-5k▼
Income taxes67/77€1k€140▼
Profit (loss) for the period9904€2k€-5k▼
Profit (loss) for the period to be appropriated9905€2k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-5k▼
Transfer from equity791/2€833€5k▲
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7€833-
Return on contributions (dividend)694€833-
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼382%
Net result drops to €-5k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €15k ▲139%
Operating result €29k, net result €15k, both a record.
31-12
Financial
Equity above €150kEq €160k ▲10.1%
5 profitable years in a row build equity to €160k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Edegem · 1 establishment unit since 2007
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.
Boniverlei 72650 EdegemGround area
7,879 m²
Building footprint
178 m²
Volume, LiDAR
1,519 m³
Parcel 11472B0085/00V006, Flanders · tallest building 18.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Metafose
since 20072.167.009.395
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472B0085/00V006 | Flanders | 7,879 m² | 1 · 178 m² | 17.9 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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MOETIE
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Calluna Pharma
BE 0866.397.070
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SHANT LABORATORIES BELGIUM
BE 0466.646.313
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MINERVA INTERNATIONAL
BE 0431.947.136
Waterloo · Eq €72k
Of 39 companies in sector 24410 we hold annual accounts for 25. 14 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-04-2007
Fiscal year end31-12
Activities, NACEBEL
24410Manufacture of basic metals
27410
90031Arts creation and performing arts activities
90111Literary creation
32124Other manufacturing
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.metafose.be
E-mail:derek.biront@metafose.be