METAL TECHNICS
ActiveMETAL TECHNICS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.51M and a net result of €298k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 55% of 121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-9
Solvency71▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 2.57 in 2024; short-term debt: 25.8% and cash: 24.1% of total assets), but 53.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 · 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
46.1%
Return on assets
3.1%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
38 d early
2023
11 d early
2022
3 d early
2021
1 d late
2020
3 d late
2019
34 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€298k▼ 58.8%
2024 · €725k
2018: €15k
2019: €12k
2020: €56k
2021: €282k
2022: €732k
2023: €1.12M
2024: €725k
2018 → 2025
Working capital
€3.40M▼ 8.7%
2024 · €3.72M
2018: €2.45M
2019: €2.31M
2020: €2.97M
2021: €2.27M
2022: €3.05M
2023: €3.71M
2024: €3.72M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.98M-€2.71M▲ 37.0%€3.48M▲ 28.5%€4.21M▲ 20.8%€4.51M▲ 7.1%
Operating result€415k-€997k▲ 141%€1.40M▲ 40.5%€995k▼ 29.0%€411k▼ 58.7%
Net result€282k-€732k▲ 160%€1.12M▲ 53.3%€725k▼ 35.5%€298k▼ 58.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 59% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.77M
Fixed assets
€3.85M▲ 375%
Current assets
€5.91M▼ 3.0%
Equity and liabilities €9.77M
Equity
€4.51M▲ 7.1%
Debt
€5.26M▲ 95.1%
The debt ratio rises from 39.1% to 53.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€578k▼
2024 · €1.07M
Cash flow
€466k▼
2024 · €797k
Solvency
46.1%▼
2024 · 60.9%
Current ratio
2.35▼
2024 · 2.57
Quick ratio
2.01▼
2024 · 2.16
Debt / equity
1.17▲
2024 · 0.64
ROE
6.6%▼
2024 · 17.2%
ROA
3.1%▼
2024 · 10.5%
Interest coverage
14.48▼
2024 · 63.93
Debt
€5.26M▲
2024 · €2.70M
Debt ≤ 1 year
€2.52M▲
2024 · €2.37M
Debt > 1 year
€2.74M▲
2024 · €325k
Income taxes
€113k▼
2024 · €262k
Staff costs
€2.57M▲
2024 · €2.31M
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€6.90M€9.77M▲
Fixed assets21/28€811k€3.85M▲
Tangible fixed assets22/27€795k€3.83M▲
Land and buildings22€60k€97k▲
Plant, machinery and equipment23€597k€552k▼
Furniture and vehicles24€139k€141k▲
Leasing and similar rights25-€2.95M
Other tangible fixed assets26-€93k
Financial fixed assets28€16k€23k▲
Current assets29/58€6.09M€5.91M▼
Stocks and contracts in progress3€970k€850k▼
Stocks30/36€970k€850k▼
Amounts receivable within one year40/41€2.69M€2.61M▼
Trade receivables40€1.97M€1.83M▼
Other amounts receivable41€715k€780k▲
Cash at bank and in hand54/58€2.32M€2.36M▲
Deferred charges and accrued income490/1€122k€97k▼
Equity and liabilities
Total equity and liabilities10/49€6.90M€9.77M▲
Equity10/15€4.21M€4.51M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Outside capital11€184€184=
Share premium1100/10€184€184=
Reserves13€4.15M€4.44M▲
Non-distributable reserves130/1€33k€33k=
Legal reserve130€33k€33k=
Tax-exempt reserves132€11k€11k=
Distributable reserves133€4.10M€4.40M▲
Amounts payable17/49€2.70M€5.26M▲
Amounts payable after more than one year17€325k€2.74M▲
Financial debts170/4€325k€2.74M▲
Amounts payable within one year42/48€2.37M€2.52M▲
Current portion of amounts payable after more than one year42€89k€341k▲
Trade debts44€1.97M€1.76M▼
Suppliers440/4€1.97M€1.76M▼
Taxes, remuneration and social security45€280k€415k▲
Taxes450/3€32k€71k▲
Remuneration and social security454/9€249k€344k▲
Other amounts payable47/48€30k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€2.31M€2.57M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€168k▲
Other operating charges640/8€28k€25k▼
Gross operating margin9900€3.41M€3.18M▼
Operating profit (loss)9901€995k€411k▼
Financial income75/76B€13k€40k▲
Recurring financial income75€13k€40k▲
Financial charges65/66B€21k€40k▲
Recurring financial charges65€17k€40k▲
Non-recurring financial charges66B€4k-
Profit (loss) for the period before taxes9903€987k€411k▼
Income taxes67/77€262k€113k▼
Profit (loss) for the period9904€725k€298k▼
Profit (loss) for the period to be appropriated9905€725k€298k▼
Appropriation of the result
Profit (loss) to be appropriated9906€725k€298k▼
Transfer to equity691/2€725k€298k▼
To other reserves6921€725k€298k▼
Social balance
Average headcount (FTE)908734.039.0▲
The notes to these accounts (16 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.12M ▲53.3%
Operating result €1.40M, net result €1.12M, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €2MEq €2.71M ▲37%
5 profitable years in a row build equity to €2.71M.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €12k ▼19%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kuurne · 1 establishment unit since 1989
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.
Pieter Verhaeghestraat 128520 KuurneGround area
1.5 ha
Building footprint
7,815 m²
Volume, LiDAR
45,515 m³
Parcel 34023A0421/00F004, Flanders · tallest building 14.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
METAL TECHNICS
since 19892.044.494.437
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0421/00F004 | Flanders | 1.5 ha | 1 · 7,815 m² | 14.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 10,028 EUR awarded · 9,742 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,817 EUR | 2,817 EUR |
| 2024 | 1 | 798 EUR | 1,120 EUR |
| 2023 | 1 | 2,115 EUR | 2,062 EUR |
| 2022 | 1 | 4,298 EUR | 3,743 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
4 live approvalsHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
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Of 54 companies in sector 24510 we hold annual accounts for 44. 23 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-08-1989
Fiscal year end31-12
Activities, NACEBEL
24510Manufacture of basic metals
25530Machining of metals
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.