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METAL QUARTZ

Active
Public limited companyfounded 2000active for 26 yearsRue de la Verte Reine(PER) 15, 7600 Péruwelz, BelgiumKBO/BCE: BE 0473.062.169
Summary

The computed 12-month bankruptcy probability of METAL QUARTZ is 4.1% (elevated). The annual accounts of METAL QUARTZ for financial year 2025 show a net loss of 83% of the equity at the start of that year. The 2025 annual accounts show equity of €247,581 and a net result of -€895,539. Equity has been growing by about 33% per year since 2018. Its solvency ranks better than 6% of 830 sector peers (NACE 25, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 18-10-2000 Normal situation
Activity
Manufacture of metal structures and parts of structures NACE 25110and 1 other
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2025
Establishment unit
2.096.858.007 7600 Péruwelz, since 18-12-2000
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • ICOMET GROUP BVDirector
Shareholders
  • ICOMET GROUP2025 annual accounts of ICOMET GROUP
  • Icomet Group BVannual accounts 2025

Financial position

45 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.1%
Annual accounts 2025
Gross margin
€2.5m
▼ 24.8%
Turnover
≈ €4.4m
estimated
Loss
€895,539
Equity
€247,581
▼ 77.1%
Total assets
€6.0m
▼ 4.4%
Employees on 31-12-2025
45
▲ 9.8%
Score breakdownraises riskLoss of €895,539 (financial year 2025)Liquidity: current ratio 0.61, cash €28,921Equity €247,581 (4.1% of total assets)1 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
45 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 3% of small companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Weak
Solvency 29-13
equity 4.1% of total assets
Liquidity 2-9
short-term debt 88.2% · cash 0.5%
Profitability 0-79
return on assets -14.9%
Bankruptcy probability within 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (747 companies, NACE 25, small)
Last 24 months 12-2024: 2.2% 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.2%● unchanged vs 04-2025 06-2025: 1.1%▼ -1.1 percentage points vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026lowest value 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.5 percentage points vs 07-2026 09-2026: 2.0%▲ +0.3 percentage points vs 08-2026 10-2026: 4.1%▲ +2.1 percentage points vs 09-2026highest value 11-2026: 4.1%● unchanged vs 10-2026highest value
Credit of up to €11,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.61 (0.8 in 2024), below 1. Short-term debt is 88.2% and cash 0.5% of total assets. 95.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small). It does better than 5% of them on solvency, 1% on liquidity, 5% on profitability and 3% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Loss of €895,539 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.61, cash €28,921
NBB · annual accounts
raises risk · Equity €247,581 (4.1% of total assets)
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 830 sector peers (2025).
NBB · sector comparison
Position among 830 sector peers
Solvency
better than 6%
← weakest strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
87 days early
2023
120 days late
2022
6 days early
2021
11 days early
2020
46 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 of the last 5 accounts filed within 76 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €492,300 in 2024 -€895,539 View
  • Caution: Lower net result than 95% of companies in fabricated metal productssector median €79,515 · 830 companies -€895,539 View

Recent changes

  1. · Gazette deed Demerger: METAL QUARTZ splits off to LONICERA IMMOCapital decrease of €559,800.17 to €565,199.83
  2. · Gazette deed Demerger proposal: METAL QUARTZ splits off to LONICERA IMMO
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as METAL QUARTZ: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €3.8m and €7.7m, founded between 1993 and 2008.

CompanyTotal assetsGross margin
METAL QUARTZ Péruwelz€6.0m€2.5m
INDUSTRIAL COMPANY OF TECHNICAL SOLUTIONS Saint-Ghislain€5.2m€2.9m
VAN dER PLAETSEN CONSTRUCT Assenede€7.7m€3.6m
METALFIRE+ Evergem€3.8m€3.0m
REVIMAXX Zele€6.8m€3.0m
BSM Ledegem€6.0m€2.3m
BAYART Kortrijk€5.8m€3.3m
Full comparison

Key facts about METAL QUARTZ

What is the company number of METAL QUARTZ?
The company number of METAL QUARTZ is 0473.062.169. The VAT number is the same number with BE in front: BE 0473.062.169.
Where is METAL QUARTZ based?
The registered office is at Rue de la Verte Reine(PER) 15, 7600 Péruwelz.Company details
What does METAL QUARTZ do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of METAL QUARTZ?
The legal form of METAL QUARTZ is Public limited company (NV).
When was METAL QUARTZ founded?
METAL QUARTZ was founded on 18-10-2000.
Is METAL QUARTZ still active?
Yes, METAL QUARTZ is an active enterprise in the KBO register.
How many employees does METAL QUARTZ have?
METAL QUARTZ had an average of 43.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does METAL QUARTZ fall under?
In its 2025 annual accounts, METAL QUARTZ states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of METAL QUARTZ?
The turnover in financial year 2025 is ≈ €4.4m. This figure is estimated from the gross margin of €2.5m and 1,584 comparable companies of the same size. It probably lies between €3.0m and €7.2m. It is a rough estimate.
Is METAL QUARTZ profitable?
In financial year 2025, METAL QUARTZ made a loss of €895,539.
Where can I find the annual accounts of METAL QUARTZ?
METAL QUARTZ filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of METAL QUARTZ due?
METAL QUARTZ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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