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Metaimmo

Active
Private limited companyfounded 20206 yrs activeTen Poele 23, 8430 Middelkerke, BelgiumKBO/BCE: BE 0748.806.049
Summary

Metaimmo has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €405k and a net result of €66k. Equity is growing by ~31% per year across the filed fiscal years. Its solvency ranks better than 33% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability57▼-25
Solvency40▲+3
Growth35=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.09 in 2023; short-term debt: 21.7% and cash: 0% of total assets), and 85% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-06-2025, 49 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
49 d early
2023
50 d early
2022
39 d early
2021
41 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Turnover
€65k▼ 73.9%
2022 · €249k
2022: €249k 2023: €65k▼ -73.9% vs 2022
2022 → 2023
EBIT margin
196.5%▲ 123.9pp
2022 · 72.6%
2022: 72.6% 2023: 196.5%▲ +171% vs 2022
2022 → 2023
Net result
€66k▼ 23.8%
2023 · €86k
2021: €95k 2022: €140k▲ +47.5% vs 2021highest in 4 years 2023: €86k▼ -38.3% vs 2022 2024: €66k▼ -23.8% vs 2023lowest in 4 years
2021 → 2024
Working capital
€-509k▲ 9.8%
2023 · €-564k
2021: €-453khighest in 4 years 2022: €-562k▼ -24.0% vs 2021 2023: €-564k▼ -0.4% vs 2022lowest in 4 years 2024: €-509k▲ +9.8% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2021202220232024Trend
Turnover€249k€65k▼ 73.9% 2022: €249k 2023: €65k▼ -73.9% vs 2022
Equity€113k-€253k▲ 124%€339k▲ 34.2%€405k▲ 19.4% 2021: €113klowest in 4 years 2022: €253k▲ +124% vs 2021 2023: €339k▲ +34.2% vs 2022 2024: €405k▲ +19.4% vs 2023highest in 4 years
Operating result€133k-€181k▲ 36.1%€128k▼ 29.3%€124k▼ 2.7% 2021: €133k 2022: €181k▲ +36.1% vs 2021highest in 4 years 2023: €128k▼ -29.3% vs 2022 2024: €124k▼ -2.7% vs 2023lowest in 4 years
Net result€95k-€140k▲ 47.5%€86k▼ 38.3%€66k▼ 23.8% 2021: €95k 2022: €140k▲ +47.5% vs 2021highest in 4 years 2023: €86k▼ -38.3% vs 2022 2024: €66k▼ -23.8% vs 2023lowest in 4 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €133k€133kNet result 2021: €95k€95kOperating result 2022: €181k€181kNet result 2022: €140k€140kOperating result 2023: €128k€128kNet result 2023: €86k€86kOperating result 2024: €124k€124kNet result 2024: €66k€66k2021202220232024€0€50k€100k€150k€200kOperating result 2022: €181k€181kNet result 2022: €140k€140kOperating result 2023: €128k€128kNet result 2023: €86k€86kOperating result 2024: €124k€124kNet result 2024: €66k€66k202220232024
The operating result has fallen two years in a row; 2024 is 3% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.69M
Fixed assets €2.62M ▼ 4.5%
Current assets €76k ▲ 35.8%
Equity and liabilities €2.69M
Equity €405k ▲ 19.4%
Debt €2.29M ▼ 6.9%
Debt's share of the balance-sheet total falls from 87.9% to 85.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€248k▼
2023 · €254k
Cash flow
€189k▼
2023 · €213k
Current ratio
0.13▲
2023 · 0.09
Debt to equity
5.64▼
2023 · 7.24
ROE
16.2%▼
2023 · 25.5%
ROA
2.4%▼
2023 · 3.1%
Interest coverage
4.24▼
2023 · 6.13
Debt ≤ 1 year
€585k▼
2023 · €620k
Debt > 1 year
€1.70M▼
2023 · €1.84M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.79M€2.69M▼
Fixed assets21/28€2.74M€2.62M▼
Tangible fixed assets22/27€2.74M€2.62M▼
Land and buildings22€2.61M€2.53M▼
Plant, machinery and equipment23€99k€50k▼
Furniture and vehicles24€34k€33k▼
Current assets29/58€56k€76k▲
Amounts receivable within one year40/41€54k€75k▲
Trade receivables40€21k€42k▲
Other amounts receivable41€33k€33k=
Cash at bank and in hand54/58€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€2.79M€2.69M▼
Equity10/15€339k€405k▲
Contributions10/11€18k€18k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€319k€385k▲
Amounts payable17/49€2.46M€2.29M▼
Amounts payable after more than one year17€1.84M€1.70M▼
Financial debts170/4€1.84M€1.70M▼
Amounts payable within one year42/48€620k€585k▼
Current portion of amounts payable after more than one year42€134k€134k=
Trade debts44-€126
Suppliers440/4-€126
Other amounts payable47/48€486k€451k▼
Income statement Code20232024
Turnover70€65k-
Goods, raw materials, services and sundry goods60/61€60k€85▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€126k€124k▼
Other operating charges640/8€16k€18k▲
Gross operating margin9900€270k€266k▼
Operating profit (loss)9901€128k€124k▼
Financial income75/76B€108-
Recurring financial income75€108-
Financial charges65/66B€41k€58k▲
Recurring financial charges65€41k€58k▲
Profit (loss) for the period before taxes9903€86k€66k▼
Profit (loss) for the period9904€86k€66k▼
Profit (loss) for the period to be appropriated9905€86k€66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€319k€385k▲
Profit (loss) brought forward from the previous period14P€233k€319k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2021202220232024Change
Turnover70-€249k€65k--
Goods, raw materials, services and sundry goods60/61-€414€60k€85▼ 99.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€68k€126k€124k▼ 2.1%
Other operating charges640/8€2k€135€16k€18k▲ 10.1%
Gross operating margin9900€135k€249k€270k€266k▼ 1.7%
Operating profit (loss)9901€133k€181k€128k€124k▼ 2.7%
Financial income75/76B€463€1k€108--
Recurring financial income75€463€1k€108--
Financial charges65/66B€38k€42k€41k€58k▲ 40.9%
Recurring financial charges65€38k€42k€41k€58k▲ 40.9%
Profit (loss) for the period before taxes9903€95k€140k€86k€66k▼ 23.8%
Profit (loss) for the period9904€95k€140k€86k€66k▼ 23.8%
Profit (loss) for the period to be appropriated9905€95k€140k€86k€66k▼ 23.8%
Line2021202220232024Change
Assets
Total assets20/58€1.94M€2.95M€2.79M€2.69M▼ 3.7%
Fixed assets21/28€1.92M€2.82M€2.74M€2.62M▼ 4.5%
Tangible fixed assets22/27€1.92M€2.82M€2.74M€2.62M▼ 4.5%
Land and buildings22€1.92M€2.63M€2.61M€2.53M▼ 2.8%
Plant, machinery and equipment23-€149k€99k€50k▼ 50.0%
Furniture and vehicles24-€38k€34k€33k▼ 3.9%
Current assets29/58€22k€134k€56k€76k▲ 35.8%
Amounts receivable within one year40/41€5k€128k€54k€75k▲ 38.3%
Trade receivables40-€95k€21k€42k▲ 100%
Other amounts receivable41€5k€33k€33k€33k=
Cash at bank and in hand54/58€17k€6k€2k€1k▼ 32.9%
Equity and liabilities
Total equity and liabilities10/49€1.94M€2.95M€2.79M€2.69M▼ 3.7%
Equity10/15€113k€253k€339k€405k▲ 19.4%
Contributions10/11€18k€18k€18k€18k=
Reserves13€2k€2k€2k€2k=
Non-distributable reserves130/1€2k----
Reserves not available under the articles1311€2k----
Distributable reserves133-€2k€2k€2k=
Profit (loss) carried forward14€93k€233k€319k€385k▲ 20.6%
Amounts payable17/49€1.83M€2.70M€2.46M€2.29M▼ 6.9%
Amounts payable after more than one year17€1.33M€1.97M€1.84M€1.70M▼ 7.3%
Financial debts170/4€1.33M€1.97M€1.84M€1.70M▼ 7.3%
Amounts payable within one year42/48€475k€696k€620k€585k▼ 5.7%
Current portion of amounts payable after more than one year42€31k€134k€134k€134k=
Trade debts44€15k€149k-€126-
Suppliers440/4€15k€149k-€126-
Other amounts payable47/48€428k€413k€486k€451k▼ 7.3%
Accrued charges and deferred income492/3€19k€36k---
Line2021202220232024Change
Profit (loss) for the period9904€95k€140k€86k€66k▼ 23.8%
+ Depreciation and write-downs630-€68k€126k€124k▼ 2.1%
Operating cash flow (approximation)€95k€208k€213k€189k▼ 10.9%
Investment in fixed assets (approximation)-€-968k€-45k€0▲ 100%
Change in cash-€-10k€-4k€-657▲ 83.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
12-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €66k ▼23.8%
Net result drops to €66k, the lowest in the series.
11-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2021net €140k ▲47.5%
Operating result €181k, net result €140k, both a record.
31-12
Financial Equity above €200kEq €253k ▲124%
2 profitable years in a row build equity to €253k.
20-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Middelkerke · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
708 m²
Building footprint
156 m²
Volume, LiDAR
814 m³
Parcel 35011B0193/08N000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Metaimmo
Ten Poele 23, 8430 MiddelkerkeConstruction of residential and non-residential buildings
since 20202.306.586.358
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35011B0193/08N000 Flanders 708 m² 1 · 156 m² 9.0 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.

Similar companies · same sector, comparable size

Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 3,777 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
Founded22-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
63920Other information service activities
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82990Other business support services
Contact
Website info@mecopol.be
E-mail info@mecopol.be
Phone 0495641111

Scores and ratios are computed by Checked and are not a credit decision.