METAL STYLE
ActiveMETAL STYLE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €32k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 43% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
97
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+7
Solvency79▲+9
Growth52▲+14
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.7 in 2024), but 61.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.7%
Return on assets
13.6%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €89k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 10 filingsDeviation from the deadline
2025
6 d late
2024
153 d late
2023
464 d late
2022
74 d late
2021
1249 d late
2020
20 d late
2019
57 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€135k▼ 34.9%
2024 · €206k
2018: €495k
2019: €539k
2021: €348k
2022: €278k
2023: €525k
2024: €206k
2018 → 2025
EBIT margin
42.5%▲ 25.6pp
2024 · 16.8%
2018: 5.9%
2019: 4.2%
2021: -7.6%
2022: 11.6%
2023: 4.1%
2024: 16.8%
2018 → 2025
Net result
€32k▲ 24.1%
2024 · €25k
2018: €13k
2019: €8k
2020: €27k
2021: €-34k
2022: €-5k
2023: €13k
2024: €25k
2018 → 2025
Working capital
€105k▲ 27.1%
2024 · €83k
2018: €40k
2019: €170k
2020: €74k
2021: €163k
2022: €201k
2023: €68k
2024: €83k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€348k-€278k▼ 20.0%€525k▲ 88.7%€206k▼ 60.7%€135k▼ 34.9%
Equity€55k-€50k▼ 9.2%€62k▲ 25.9%€73k▲ 16.7%€89k▲ 22.7%
Operating result€-26k-€32k€22k▼ 33.1%€35k▲ 60.4%€57k▲ 64.3%
Net result€-34k-€-5k▲ 85.3%€13k€25k▲ 97.9%€32k▲ 24.1%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 64% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231k
Fixed assets
€5k▼ 27.6%
Current assets
€226k▲ 12.4%
Equity and liabilities €231k
Equity
€89k▲ 22.7%
Debt
€142k▲ 4.8%
The debt ratio falls from 65.0% to 61.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€60k▲
2024 · €38k
Cash flow
€34k▲
2024 · €29k
Solvency
38.7%▲
2024 · 35.0%
Current ratio
1.87▲
2024 · 1.70
Quick ratio
1.87▲
2024 · 1.70
Debt / equity
1.59▼
2024 · 1.86
ROE
35.3%▲
2024 · 34.9%
ROA
13.6%▲
2024 · 12.2%
Interest coverage
2.45▼
2024 · 8.10
Debt
€142k▲
2024 · €135k
Debt ≤ 1 year
€121k▲
2024 · €118k
Income taxes
€5k▼
2024 · €10k
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€208k€231k▲
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€3k€2k▼
Current assets29/58€201k€226k▲
Amounts receivable after more than one year29€163k€148k▼
Other amounts receivable291€163k€148k▼
Amounts receivable within one year40/41€36k€68k▲
Trade receivables40€21k€15k▼
Other amounts receivable41€15k€53k▲
Current investments50/53€10-
Cash at bank and in hand54/58-€7k
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€208k€231k▲
Equity10/15€73k€89k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€33k€33k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€31k€31k=
Profit (loss) carried forward14€21k€38k▲
Amounts payable17/49€135k€142k▲
Amounts payable after more than one year17€16k-
Financial debts170/4€16k-
Amounts payable within one year42/48€118k€121k▲
Financial debts43€2k€6k▲
Credit institutions430/8-€6k
Other loans439€2k-
Trade debts44€63k€59k▼
Suppliers440/4€63k€59k▼
Taxes, remuneration and social security45€38k€41k▲
Taxes450/3€37k€41k▲
Remuneration and social security454/9€428-
Other amounts payable47/48€16k€15k▼
Accrued charges and deferred income492/3€630€21k▲
Income statement
Code20242025
Turnover70€206k€135k▼
Goods, raw materials, services and sundry goods60/61€167k€150k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-46k
Other operating charges640/8€858€48k▲
Gross operating margin9900€39k€62k▲
Operating profit (loss)9901€35k€57k▲
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€5k€24k▲
Recurring financial charges65€5k€24k▲
Profit (loss) for the period before taxes9903€35k€36k▲
Income taxes67/77€10k€5k▼
Profit (loss) for the period9904€25k€32k▲
Profit (loss) for the period to be appropriated9905€25k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€53k▲
Profit (loss) brought forward from the previous period14P€11k€21k▲
Profit to be distributed694/7€15k€15k=
Directors or managers695€15k€15k=
The notes to these accounts (8 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
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
31-12
Financial
Highest result since 2018net €32k ▲24.1%
Operating result €57k, net result €32k, both a record.
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1249 days late
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 464 days late
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 74 days late
2021
31-12
Financial
Weakest financial yearnet €-34k ▼226%
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 112 days late
2017
20-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 81 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2014
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-04-2014
Resigned as Managing director
Location & real-estate footprint
Registered office, Rixensart · 1 establishment unit since 2011
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.
Avenue John Kennedy 321330 RixensartGround area
3,059 m²
Building footprint
936 m²
Volume, LiDAR
1,181 m³
2 parcels, Wallonia · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
METAL STYLE
since 20112.202.701.041
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0524/00D000 | Wallonia | 1,939 m² | 1 · 772 m² | - |
| 25091C0306/00_000 | Wallonia | 1,120 m² | 1 · 164 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
CAMAC CONSULTING
BE 0555.780.997
De Haan · Eq €89k
RG Menuiserie
BE 0654.715.059
Seraing · Eq €89k
M.D.F. DECOR ET CHASSIS
BE 0466.553.964
Spa · Eq €89k
C.D.A.
BE 0417.944.690
Lochristi · Eq €89k
QUARTIER SANITAIR
BE 0464.358.103
Kuurne · Eq €89k
Of 19,947 companies in sector 43320 we hold annual accounts for 9,086. 7,654 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-08-2011
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
95313Repair and fitting of specific motor vehicle parts
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.