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METAL PLUS

Open bankruptcy
Private limited company (pre-2019)founded 2007KBO/BCE: BE 0890.431.987

A bankruptcy procedure is open for METAL PLUS according to publications in the Belgian State Gazette; curator: CHARLES DUMONT DE CHASSART.

Summary

The 2015 annual accounts show equity of €37,944 and a net result of €428.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Commercial Court of Brussels
Declared bankrupt
8 October 2018
Supervising judge
Philippe Vercruysse
Official Gazette
16-10-2018 (pdf) ↗search the document for 2018/142164

Deadlines

Appeal or third-party opposition until
passed on 31 October 2018Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 7 November 2018art. XX.104 and XX.155 CEL
First verification report
passed on 21 November 2018Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 8 October 2019Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2015 was due by 30-04-2016 and was filed on 20-04-2016, 10 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

History

METAL PLUS was incorporated on 28 June 2007.1 Total assets rose from EUR 290,889 in 2011 to EUR 378,925 in 2015.2 On 8 October 2018 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2011 and 2015
  3. 3Belgian State Gazette, 16-10-2018

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2015, abbreviated schema

Turnover
€393,945▲ 73.4%
2013 · €227,212
EBIT margin
3.4%▼ 8.0pp
2013 · 11.4%
Net result
€428▼ 91.6%
2014 · €5,095
Working capital
€89,034▲ 44.9%
2014 · €61,466
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20112012201320142015
Turnover€227,212€393,945▲ 73.4%
Operating result€12,514-€12,973▲ 3.7%€25,960▲ 100%€13,482▼ 48.1%€8,355▼ 38.0%
Net result€26,040-€11,785▼ 54.7%€13,803▲ 17.1%€5,095▼ 63.1%€428▼ 91.6%
EBIT margin11.4%3.4%▼ 8.0pp
Equity€6,834-€18,618▲ 172%€32,421▲ 74.1%€37,516▲ 15.7%€37,944▲ 1.1%
Total assets€290,889-€312,699▲ 7.5%€326,862▲ 4.5%€332,815▲ 1.8%€378,925▲ 13.9%
Debt€222,110-€232,135▲ 4.5%€232,495▲ 0.2%€237,604▲ 2.2%€283,285▲ 19.2%
Working capital€18,411-€45,894▲ 149%€52,935▲ 15.3%€61,466▲ 16.1%€89,034▲ 44.9%
Staff (FTE)0.4-0.1▼ 75.0%
Why a figure moved sharply
  • 2014 Turnover +73% on 2013. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2011: €12,514€12,514Net result 2011: €26,040€26,040Operating result 2012: €12,973€12,973Net result 2012: €11,785€11,785Operating result 2013: €25,960€25,960Net result 2013: €13,803€13,803Operating result 2014: €13,482€13,482Net result 2014: €5,095€5,095Operating result 2015: €8,355€8,355Net result 2015: €428€42820112012201320142015€0€10,000€20,000€30,000Operating result 2013: €25,960€26,000Net result 2013: €13,803€13,800Operating result 2014: €13,482€13,500Net result 2014: €5,095€5,090Operating result 2015: €8,355€8,350Net result 2015: €428€428201320142015
The operating result has fallen two years in a row; 2015 is 38% below 2014 and is the lowest result in the available series.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €378,925
Fixed assets €25,191 ▼ 25.4%
Current assets €353,734 ▲ 18.3%
Equity and liabilities €378,925
Equity €37,944 ▲ 1.1%
Provisions €57,696 =
Debt €283,285 ▲ 19.2%
Debt's share of the balance-sheet total rises from 71.4% to 74.8%. Equity and debt are higher.
Key figures and ratios
2015 value · change against 2014
EBITDA
€16,910▼
2014 · €23,116
Cash flow
€8,983▼
2014 · €14,729
Current ratio
1.34▲
2014 · 1.26
ROE
1.1%▼
2014 · 13.6%
ROA
0.1%▼
2014 · 1.5%
Debt ≤ 1 year
€264,700▲
2014 · €237,604
Income taxes
€4,630▼
2014 · €6,477
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2015 against 2014 · 27 lines
Balance sheet Code20142015
Assets
Total assets20/58€332,815€378,925▲
Fixed assets21/28€33,746€25,191▼
Intangible fixed assets21€224€112▼
Tangible fixed assets22/27€31,066€22,623▼
Financial fixed assets28€2,455€2,455=
Current assets29/58€299,069€353,734▲
Stocks and contracts in progress3€12,000-
Amounts receivable within one year40/41€282,088€344,672▲
Cash at bank and in hand54/58€4,981€8,395▲
Equity and liabilities
Total equity and liabilities10/49€332,815€378,925▲
Equity10/15€37,516€37,944▲
Contributions10/11€40,000€40,000=
Profit (loss) carried forward14-€2,484-€2,056▲
Provisions and deferred taxes16€57,696€57,696=
Amounts payable17/49€237,604€283,285▲
Amounts payable within one year42/48€237,604€264,700▲
Trade debts44€189,402€213,030▲
Income statement Code20142015
Turnover70€393,945-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,634€8,555▼
Gross operating margin9900€23,142€18,202▼
Operating profit (loss)9901€13,482€8,355▼
Recurring financial income75€13€19▲
Recurring financial charges65€2,625€3,315▲
Profit (loss) for the period before taxes9903€11,572€5,058▼
Income taxes67/77€6,477€4,630▼
Profit (loss) for the period9904€5,095€428▼
Profit (loss) for the period to be appropriated9905€5,095€428▼
Line20112012201320142015Change
Turnover70--€227,212€393,945--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,111€9,995€13,000€9,634€8,555▼ 11.2%
Gross operating margin9900€99,594€26,581€40,225€23,142€18,202▼ 21.3%
Operating profit (loss)9901€12,514€12,973€25,960€13,482€8,355▼ 38.0%
Recurring financial income75€0-€90€13€19▲ 47.5%
Recurring financial charges65€3,421€303€2,579€2,625€3,315▲ 26.3%
Profit (loss) for the period before taxes9903€26,040€11,785€19,462€11,572€5,058▼ 56.3%
Income taxes67/77--€5,660€6,477€4,630▼ 28.5%
Profit (loss) for the period9904€26,040€11,785€13,803€5,095€428▼ 91.6%
Profit (loss) for the period to be appropriated9905€26,040€11,785€13,803€5,095€428▼ 91.6%
Line20112012201320142015Change
Assets
Total assets20/58€290,889€312,699€326,862€332,815€378,925▲ 13.9%
Fixed assets21/28€50,368€34,670€41,432€33,746€25,191▼ 25.4%
Intangible fixed assets21-€448€336€224€112▼ 50.0%
Tangible fixed assets22/27€47,913€31,766€38,641€31,066€22,623▼ 27.2%
Financial fixed assets28€2,455€2,455€2,455€2,455€2,455=
Current assets29/58€240,521€278,029€285,430€299,069€353,734▲ 18.3%
Stocks and contracts in progress3---€12,000--
Amounts receivable within one year40/41€233,968€272,346€271,710€282,088€344,672▲ 22.2%
Cash at bank and in hand54/58€6,192€5,580€12,877€4,981€8,395▲ 68.5%
Equity and liabilities
Total equity and liabilities10/49€290,889€312,699€326,862€332,815€378,925▲ 13.9%
Equity10/15€6,834€18,618€32,421€37,516€37,944▲ 1.1%
Contributions10/11€40,000€40,000€40,000€40,000€40,000=
Profit (loss) carried forward14-€33,166-€21,382-€7,579-€2,484-€2,056▲ 17.2%
Provisions and deferred taxes16€61,946€61,946€61,946€57,696€57,696=
Amounts payable17/49€222,110€232,135€232,495€237,604€283,285▲ 19.2%
Amounts payable within one year42/48€222,110€232,135€232,495€237,604€264,700▲ 11.4%
Trade debts44€161,763€161,977€178,484€189,402€213,030▲ 12.5%
Line20112012201320142015Change
Profit (loss) for the period9904€26,040€11,785€13,803€5,095€428▼ 91.6%
+ Depreciation and write-downs630€9,111€9,995€13,000€9,634€8,555▼ 11.2%
Operating cash flow (approximation)€35,151€21,779€26,803€14,729€8,983▼ 39.0%
Investment in fixed assets (approximation)-€5,704-€19,763-€1,948€0▲ 100%
Change in cash--€612€7,297-€7,896€3,414▲ 143%

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

2018
16-10
Bankruptcy Opening
Tribunal de commerce francophone de Bruxelles · event 08-10-2018
2016
20-04
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-09
Financial Weakest financial yearnet €428 ▼91.6%
Net result drops to €428, the lowest in the series.
19-04
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-03
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
03-04
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
25-04
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
28-04
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
01-12
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 215 days late
2009
07-03
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Elsene · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
3,879 m²
Building footprint
2,740 m²
Volume, LiDAR
103,051 m³
Parcel 21807G0089/00D007, Brussels · tallest building 101.4 m, ±7 floors. Linked by address, not a title deed.
217 companies at this address See who is registered here
1 establishment unit
Establishment
NACE 25230
since 20072.176.028.615
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0089/00D007
ProtectedMonumentHuis Wielemans en tuinSource ↗
Brussels 3,879 m² 1 · 2,740 m² 101.4 m · 7 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Insolvency mandates

1 mandate
Role Name Tenure
Curator CHARLES DUMONT DE CHASSART
AVENUE LOUISE 106, 1050 BRUXELLES 5-
08-10-2018 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded28-06-2007
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

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